In an unprecedented move, Shiba Inu ($SHIB ) has executed a monumental 99% token burn, permanently eliminating a vast portion of its circulating supply. This bold decision marks a significant turning point for SHIB, positioning it to emerge from its meme-coin roots and step into a future of limited supply, increased demand, and strong growth potential.
By drastically reducing the total supply, Shiba Inu aims to create a unique dynamic within its ecosystem. The reduced token count brings about enhanced scarcity, making each remaining $SHIB more valuable. With a limited supply, demand is expected to soar as both retail and institutional investors begin to view $SHIB as a more compelling investment opportunity.
This strategic burn represents more than just an effort to combat inflation—it’s a clear move towards enhancing SHIB's credibility as a serious digital asset. As the project matures, it moves away from being solely a speculative meme coin and towards a platform with long-term value. This transformation sets the stage for SHIB to become a stronger contender in the broader cryptocurrency market.
For current SHIB holders, this development signals the importance of staying informed and considering the long-term trajectory of the asset. As the Shiba Inu community continues to lead the charge, this token burn could just be the first step in what promises to be an exciting and potentially rewarding new chapter for SHIB. Diversifying portfolios and keeping an eye on upcoming developments will be crucial for those looking to capitalize on this evolving opportunity.
The post XRP News: Gasparino Calls Ripple’s SEC Regulation ‘Needless’ and Judge Torres’ Ruling ‘Idiotic’ appeared first on Coinpedia Fintech News
Charlie Gasparino, a New York Post columnist and FOX Business Senior Correspondent, shared his thoughts on the regulation of Ripple, expressing that he always believed the scrutiny on the company and its cryptocurrency XRP was unnecessary.
In an interview with Anthony Pompliano, he pointed out that while the SEC was targeting Ripple, other high-profile figures like Sam Bankman-Fried were involved in serious financial misconduct without facing similar regulatory pressure. Gasparino argued that this was an example of regulatory overreach.
He also said that Ripple’s technology, which underlies XRP, has potential but is now forced to operate overseas due to the lack of clear regulations in the U.S. The SEC’s legal actions have created uncertainty, and even after a judge made a decision in favor of Ripple, Gasparino criticized the ruling.
“So they ( the SEC) bring the case, they get this judge who says, ‘Oh no, the investors, the retail investors don’t need the disclosure, they’re okay not disclosing to retail, but they should have disclosed it to the institution.’ This idiotic judge didn’t even know that she established precedent that there should be less disclosure for retail,” he said
The judge had decided that Ripple did not need to disclose information to retail investors but should have disclosed it to institutional investors, a move Gasparino called “stupid.” He said that the ruling created a dangerous precedent for less disclosure for retail investors, explaining the mess that the case had become.
Gasparino explained that his interest in Ripple began years earlier when he covered Ethereum’s efforts to establish its own regulatory framework, which led to a viral reaction after a clip of his reporting was shared by a Ripple supporter. Gasparino believes the scrutiny of Ripple and XRP seemed unjust, particularly when compared to the leniency shown to other figures.
How to Withdraw Money from Binance to Your Bank Account – The Ultimate Guide! ⭐
Binance, the world’s leading cryptocurrency exchange, isn’t just for trading—it’s also your gateway to cashing out profits directly into your bank account! Wondering how? Follow this simple guide to smoothly transfer your funds. 🏦
---
Step 1: Complete Your KYC Verification 🛡️
Before you can withdraw your hard-earned cash, you must complete Binance's Know Your Customer (KYC) process. This ensures account security and regulatory compliance.
1️⃣ Log into Binance and click on the Profile Icon at the top-right corner. 2️⃣ Navigate to "Identification" in the dropdown menu. 3️⃣ Upload the necessary documents (ID, proof of residence) as requested. 4️⃣ Sit tight while Binance reviews your info—it can take minutes to a couple of days.
💡 Pro Tip: Use clear, high-quality images of your documents to speed up verification!
---
Step 2: Convert Crypto to Fiat 💵
Have Bitcoin, Ethereum, or other cryptocurrencies? Convert them to fiat currency first (like USD or EUR).
1️⃣ Go to the "Trade" tab on Binance’s dashboard. 2️⃣ Choose between Classic or Advanced trading views (go with Classic if you’re a beginner). 3️⃣ Find your trading pair (e.g., BTC/USD), enter the amount, and execute the trade.
🎉 Voilà! Your fiat currency is now sitting in your Binance Fiat Wallet.
---
Step 3: Withdraw Funds to Your Bank Account 🏧
Now comes the exciting part—moving your money to your bank!
1️⃣ Head over to Wallet > Fiat and Spot from the top menu. 2️⃣ Locate your fiat balance and click "Withdraw." 3️⃣ Select Bank Transfer as your withdrawal method. 4️⃣ Enter your bank details (name, account number, etc.) carefully—accuracy is key! 🖊️ 5️⃣ Specify the withdrawal amount, review the fees, and confirm. 6️⃣ Complete any 2FA Security prompts to finalize your request.
⏳ Withdrawal Times: Depending on your region and bank, your funds may arrive in minutes or take a couple of days.
---
Step 4: Double-Check Your Bank Account 💻
Once the withdrawal is processed, check your bank account to ensure the funds have landed.
If the money isn’t there after a reasonable time:
Head to Binance’s Withdrawal History section in the Wallet menu.
Track the status of your transaction.
---
Pro Tips for Smooth Withdrawals 🌟
🔍 Mind the Fees: Binance charges withdrawal fees, which vary by region and transfer method. Review them beforehand to avoid surprises.
✅ Double-Check Bank Details: Ensure your bank information is accurate. Incorrect details can cause delays or even a failed transaction.
🔒 Stay Secure: Always enable 2FA on Binance for an extra layer of protection against unauthorized access.
---
Why Choose Binance for Withdrawals?
✔️ Seamless fiat-to-bank transfers. ✔️ Advanced security measures. ✔️ Global accessibility with multiple fiat options.
---
Conclusion 💡
Withdrawing money from Binance to your bank account is a breeze when you know the steps! Complete your KYC, convert your crypto to fiat, and withdraw securely. Whether you’re cashing out profits or funding your next big move, Binance has you covered.
💬 Got questions? Share your experiences or tips below! #BinanceMadeEasy #CryptoToCash #WithdrawLikeAPro
$FLOKI How does the value of MONKY increase or decrease it can’t be traded at present, no buyer or seller, no demand supply, then how come it’s value changes??
Why shall one hold, what utility does it have? Kindly guide
CryptoCZ
--
🚀How Much BTTC Is Enough to Make You Rich by 2025? 🚀
If you're looking to invest in BTTC (BitTorrent Token) and want to know how much you need to become financially successful by 2025, you're in the right place. The right amount of BTTC largely depends on your financial goals, risk tolerance, and investment strategy. In this post, we’ll break down different strategies, risk levels, and provide insights into how you can navigate the volatile crypto market effectively. $BTTC
🎯 For Short-Term Goals (1–12 Months)
Recommended Amount: 1,000 to 10,000 BTTC Approximate Value: $2–$20 Best For: Small-scale investors who are testing the waters or aiming for quick profits.
Analysis: For those aiming to make short-term profits, buying 1,000 to 10,000 BTTC might be a reasonable strategy. This range allows you to capitalize on short-term market movements and fluctuations. Keep in mind, the crypto market can be volatile, and gains within 12 months can vary significantly. BTTC’s price could experience significant swings, which could result in fast gains or losses, so ensure you're prepared for these fluctuations.
Risk Level: Moderate to High. Given the volatility of the crypto market, short-term investments could lead to substantial returns or quick losses. It’s vital to monitor your position and use stop-loss orders to limit potential downsides.
📈 For Long-Term Investment (1–5 Years)
Recommended Amount: 100,000 to 1,000,000 BTTC Approximate Value: $200–$2,000 Best For: Investors seeking steady growth, portfolio building, and the patience to ride out market cycles.
Analysis: Long-term investment in BTTC could be highly beneficial for those looking to secure wealth over a 1 to 5-year period. Holding between 100,000 and 1,000,000 BTTC positions you to ride out the inevitable ups and downs of the market, while benefiting from the potential long-term growth of the BitTorrent ecosystem and broader blockchain adoption. Over time, the project may see increased demand and value appreciation as BitTorrent continues to expand its use cases and integration with decentralized platforms.
Risk Level: Moderate. Long-term investments benefit from compounding growth but can still be affected by overall market downturns or shifts in technology. Diversifying your holdings and staying informed about BitTorrent’s progress will be key.
🚀 For High-Risk, High-Reward Strategies (6–12 Months)
Recommended Amount: 1,000,000 to 10,000,000 BTTC Approximate Value: $2,000–$20,000 Best For: Aggressive investors who are willing to embrace volatility in exchange for potentially massive returns.
Analysis: For high-risk, high-reward strategies, purchasing large amounts of BTTC (ranging from 1,000,000 to 10,000,000 BTTC) could lead to significant profits if BTTC’s value skyrockets. High-reward strategies often involve trading based on market timing, news events, or speculative trends. This strategy requires deep knowledge of market sentiment and the ability to handle large price swings. The potential for rapid gains is tempting, but it’s crucial to also be prepared for the downside risks.
Risk Level: Very High. The possibility of significant rewards is matched by equally significant risks. If BTTC experiences a market downturn, this investment could result in substantial losses. It’s important to have a clear exit strategy and risk management practices in place.
🛡️ Protect Your BTTC Holdings
Crypto security is essential, especially when holding large amounts of BTTC. Here’s how to protect your assets:
1. Use Secure Wallets: Consider using hardware wallets like Ledger or Trezor for offline storage, which offers enhanced protection against hacking attempts.
2. Enable 2FA: Always secure your Binance or other exchange accounts with two-factor authentication to protect your funds from unauthorized access.
3. Cold Storage: For long-term storage, keep a portion of your BTTC holdings in cold storage (offline wallets) to reduce exposure to online threats.
4. Stay Updated: Ensure that all your wallets and software are up to date to guard against vulnerabilities and hacks.
🤔 Key Considerations Before Investing in BTTC
Market Volatility: Cryptocurrencies are known for their rapid price fluctuations, so you must be prepared for both sudden ups and downs. Ensure you're mentally and financially ready for volatility.
Risk Tolerance: Only invest what you're willing to lose, especially with high-risk assets like BTTC. Always consider how much you’re comfortable losing before entering any investment.
Diversification: Avoid putting all your funds into one asset. Diversify your investments across different cryptocurrencies and assets to spread out your risk and protect your portfolio.
Financial Goals: Tailor your BTTC holdings to your personal financial goals. If you're aiming for short-term gains, you might hold a smaller amount. For long-term wealth accumulation, consider a larger investment in BTTC over time.
💡 Final Thought:
The amount of BTTC you need to become financially successful by 2025 depends on your investment approach, risk appetite, and time horizon. Whether you’re a conservative investor with long-term goals, a short-term trader looking for quick profits, or an aggressive investor aiming for massive returns, there are strategies suited to your needs. However, success will ultimately depend on market conditions, BitTorrent's future developments, and your ability to make informed decisions.
Before you invest, ensure your BTTC holdings are secure, and always make decisions based on research and understanding. The crypto landscape is ever-changing, and staying informed will help you navigate it successfully.
What’s your BTTC strategy for 2025? Share your thoughts and strategies below! 👇
Crypto is 4 every1 (long term @ least 3 years) Options and Futures is not 4 every1, Invest for long term and enjoy ur life without checking in wid ur Binance every now n den
wai_yam_kyaw
--
Bajista
Now i know the crypto is not for me .I give up myself
🐒 WISE MONKEY / $MONKY TOKEN DISTRIBUTION UPDATE 📊
🎉 _Token Distribution Update:_
The Wise Monkey team is excited to announce an update to the $MONKY token distribution schedule 📆. This update aims to ensure a fair and transparent distribution of tokens to the community 🌟.
📊 _Token Distribution Breakdown:_
Here's a breakdown of the updated token distribution schedule:
1. *Private Sale:* 20% of the total token supply (400,000,000 $MONKY) will be allocated to private sale participants 📈. 2. *Public Sale:* 30% of the total token supply (600,000,000 $MONKY) will be allocated to public sale participants 🚀. 3. *Ecosystem Development:* 20% of the total token supply (400,000,000 $MONKY) will be allocated to ecosystem development, including partnerships, marketing, and community building 🌐. 4. *Team and Advisors:* 15% of the total token supply (300,000,000 $MONKY) will be allocated to the team and advisors, with a vesting period of 2 years 🔒. 5. *Community Airdrop:* 15% of the total token supply (300,000,000 $MONKY) will be allocated to the community airdrop, to be distributed among holders and participants 🎁.
📈 _Token Unlock Schedule:_
The token unlock schedule will be as follows:
1. *Private Sale:* Tokens will be unlocked 6 months after the private sale 📆. 2. *Public Sale:* Tokens will be unlocked 3 months after the public sale 📆. 3. *Ecosystem Development:* Tokens will be unlocked 12 months after the ecosystem development allocation 📆. 4. *Team and Advisors:* Tokens will be unlocked 2 years after the team and advisors allocation 🔒.
🚀 _What's Next:_
The Wise Monkey team is working tirelessly to bring the $MONKY token to the masses 🚀. Stay tuned for updates on the token listing, ecosystem development, and community building initiatives 📣.
📝 _Stay Informed:_
Follow Wise Monkey on social media to stay up-to-date with the latest news, updates, and announcements 📱. $FLOKI
The CEO of $SHIB recently made a bold statement, asserting that "three zeros will be erased from SHIB's price within a week." This announcement has sparked curiosity among traders and investors, but it's important to approach such claims with caution, as the cryptocurrency market is highly volatile and unpredictable. Investors should conduct thorough research and consider the inherent risks before making any investment decisions. $SHIB $ETH
Kindly suggest some good research sites for crypto analysis Thank you
Signal Node
--
Ripple's RLUSD Launch Faces Potential Delay Due to Technical Issues
Ripple's highly anticipated stablecoin, RLUSD, may not launch as scheduled today due to unforeseen technical challenges. While the New York Department of Financial Services (NYDFS) has granted final approval for RLUSD , Ripple's development team is addressing last-minute technical issues to ensure a seamless rollout.
Ripple's Chief Technology Officer, David Schwartz, has cautioned that initial supply shortages could lead to price volatility upon release. He advises against fear of missing out (FOMO) and urges potential investors to exercise patience, emphasizing that RLUSD is designed to maintain a 1:1 peg with the US dollar .
Despite these technical hurdles, Ripple remains committed to launching RLUSD by the end of the year . The company is taking necessary measures to address the issues promptly, aiming to provide users with a reliable and stable digital asset upon release.
Investors and users are advised to stay tuned for official updates from Ripple regarding the new launch date and to approach any pre-launch offers with caution to avoid potential market volatility.
Following this news $XRP holders are now on a great uncertainty. 'Cause experts are saying that it's price will drop soon.
The Wise Monkey project has outlined the distribution plan for its $MONKY token, with 35% of the total supply allocated for distribution within the $FLOKI
Ecosystem. Here’s how the distribution will break down:
1. 27% of $MONKY will be allocated to FLOKI holders and stakers.
2. 4% of $MONKY will be distributed to TOKENFI holders and stakers.
3. 4% of $MONKY will be used as rewards for users of the Floki Trading Bot.
These tokens are currently stored in the Floki Multisig wallet. The distribution for FLOKI and TOKENFI holders, which amounts to 31% of the total supply, will be sent out to supporting centralized exchanges (CEXs) and through on-chain transfers by December 20.
The remaining 4% allocated for the Floki Trading Bot rewards will be distributed gradually over the coming months, as part of the MONKY x Floki Trading Bot competition.
This distribution plan aims to incentivize participation within the Floki ecosystem, benefiting holders, stakers, and users of the associated trading bot.
Embrace the technological advancement guys ✌️✌️✌️✌️✌️
CoinEdition
--
Crypto Community Criticizes Microsoft’s Bitcoin Rejection
Microsoft shareholders have voted against the Bitcoin investment plan.
Justin Sun ridiculed the company’s decision of watching BTC grow on the sidelines.
Donald Trump wants Bitcoin at $150,000 during his presidency.
Microsoft’s Bitcoin rejection has drawn criticism from the digital asset community after shareholders voted against a proposal to invest in Bitcoin. Titled “Assessment of Investing in Bitcoin,” the proposal was to allocate 1% of Microsoft’s total assets into Bitcoin as a hedge against inflation.
Despite the rising interest in corporate cryptocurrency adoption, Microsoft’s board opposed the proposal, citing Bitcoin’s volatility and the need to prioritize stable investments for liquidity and operational funding. Critics argue that this conservative stance may result in missed opportunities, especially as companies like MicroStrategy continue to embrace Bitcoin.
Crypto Backlash to Microsoft’s Rejection
Tron (TRX) founder Justin Sun ridiculed Microsoft’s Bitcoin rejection on X (formerly Twitter), recommending “buying Bitcoin when it hits $1 million.” His comment came during Bitcoin’s recent rally from $85,155.11 to $103,900 o…
The post Crypto Community Criticizes Microsoft’s Bitcoin Rejection appeared first on Coin Edition.
My suggestion to Microsoft will be “Don’t repeat the grave mistake committed by Kodak Company (not acknowledging digital camera) and it was the root cause of their downfall”.
CoinEdition
--
Crypto Community Criticizes Microsoft’s Bitcoin Rejection
Microsoft shareholders have voted against the Bitcoin investment plan.
Justin Sun ridiculed the company’s decision of watching BTC grow on the sidelines.
Donald Trump wants Bitcoin at $150,000 during his presidency.
Microsoft’s Bitcoin rejection has drawn criticism from the digital asset community after shareholders voted against a proposal to invest in Bitcoin. Titled “Assessment of Investing in Bitcoin,” the proposal was to allocate 1% of Microsoft’s total assets into Bitcoin as a hedge against inflation.
Despite the rising interest in corporate cryptocurrency adoption, Microsoft’s board opposed the proposal, citing Bitcoin’s volatility and the need to prioritize stable investments for liquidity and operational funding. Critics argue that this conservative stance may result in missed opportunities, especially as companies like MicroStrategy continue to embrace Bitcoin.
Crypto Backlash to Microsoft’s Rejection
Tron (TRX) founder Justin Sun ridiculed Microsoft’s Bitcoin rejection on X (formerly Twitter), recommending “buying Bitcoin when it hits $1 million.” His comment came during Bitcoin’s recent rally from $85,155.11 to $103,900 o…
The post Crypto Community Criticizes Microsoft’s Bitcoin Rejection appeared first on Coin Edition.