Binance Square is pleased to introduce the launch of a new campaign on the Task Center on the Binance App. Users can complete simple tasks daily to unlock a share of $5,000 in USDC token rewards and earn Binance Points.
Activity Period: 2024-12-19 06:00 (UTC) to 2024-12-25 06:00 (UTC)
All eligible users can complete each of the following tasks once every day during the Activity Period.
Tasks: 1. Check in to Binance Square daily.* 2. Create a post with at least 100 characters using the limited-time hashtag (e.g., $BTC) OR selected trading pair. 3. For new Square users who have never posted on Square before the Activity Period, their first post will count as double (i.e., 2 participations).
Notes: Limited-time hashtag and selected trading pair will be refreshed daily at 06:00 (UTC) and will run for 24 hours.
Completion of check-in AND creation of post (either with the hashtag OR the trading pair) counts as 1 participation. Users will need to complete both tasks within the 24-hour window for it to be counted as a valid entry.
Reward per Eligible Participant = Number of Tasks Completed / Total Number of Tasks Completed by All Participants * Reward Pool, capped at $10 per participant.
Terms & Conditions This Activity may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the Activity Period in order for their entries to be counted as valid. Users will receive a share of the reward pool and Binance Points upon completion of tasks and will be able to redeem their voucher and Points via Profile > Rewards Hub. Token vouchers will be distributed within 21 working days after the campaign ends and expire 14 days after distribution. Points will expire on the last day of the same month a year later on a first-in, first-out basis. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards.
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1 What new service is Radworks planning to introduce in 2024? Radworks Seed Network (RSN). 2. What is Radicle? A decentralized alternative to Github. 3. Where is the majority of the world's code hosted? Github 4. Is the RAD token used for governance within Radworks? Yes 5. What is Drips? A decentralized toolkit for funding critical software dependencies. 6. What are the issues with centralized hosting of open source code? It increases vulnerability to security issues & risks such as censorship.
Crypto Whales’ Bullish Bets: 5 Altcoins They’re Stocking Up for the Next Upcoming Market Cycle
Major cryptocurrency investors are making big moves in anticipation of the next market surge. Eyes are on five specific altcoins that are attracting substantial attention. This article breaks down which digital assets these influential figures are accumulating, hinting at potential opportunities for significant gains. Readers will discover which coins are being positioned for notable growth.
Ondo (ONDO)
Ondo (ONDO) is currently trading between $0.54 and $0.94 and is well-positioned for potential growth. Despite recent minor declines, ONDO has demonstrated impressive resilience with nearly 220% growth over the past six months. With the coin holding steady above the $0.39 support level, there's a strong foundation for a potential upward move. As Bitcoin and broader market conditions improve, ONDO could leverage its current momentum to target the $1.19 resistance. Given that the RSI is around 56, indicating balanced market conditions, and the 10-day moving average is at $0.76, there’s an optimistic outlook for a significant rebound if bullish trends gain strength.
Arbitrum (ARB)
Arbitrum (ARB) is trading between $0.50 and $0.68, and its recent price action suggests an exciting opportunity ahead. Despite a recent dip, ARB shows promising signs with an RSI of 59.35 and a MACD above zero, indicating emerging bullish momentum. As market sentiment shifts, ARB could break through the $0.80 resistance, potentially targeting $0.98, which would represent over a 20% gain. The current support at $0.44 provides a solid safety net, and with growing positive indicators, ARB is well-positioned for a significant upward move as market conditions improve.
Ripple (XRP)
XRP is trading between $0.47 and $0.62 and has recently shown impressive bullish potential with a 33.89% rise in the past month. The coin's proximity to its 10-day and 100-day moving averages, along with a strong RSI of 51.22, suggests it is primed for further gains. If XRP can push past the $0.71 resistance level, it could surge by 15% to 39%, targeting $0.71 and $0.86. With recent positive momentum and a solid support structure, XRP is poised for potential growth, especially as broader market conditions turn favorable.
TRON (TRX)
TRON (TRX) is currently trading between twelve and fourteen cents and is on the cusp of a bullish breakout. The price is approaching a key resistance at fifteen cents, and a successful break could propel it to sixteen cents, reflecting a potential gain of over 10%. The RSI and Stochastic indicators suggest robust buying pressure, and the moving averages around thirteen cents indicate strong support. Despite a slight recent downturn, TRON's recent 4% weekly rise and overall resilience highlight its strong potential for upward movement, making it an exciting coin to watch for future gains.
Sui (SUI)
Sui (SUI) is trading between $0.50 and $0.72 and has shown promising growth recently. With a notable 37.54% gain in the past week and 18.78% over the past month, SUI is set for further potential upside. The coin is currently facing strong resistance at $0.86, but breaking through this level could open doors to significant gains. If SUI manages to surpass $0.86 and $1.09, it could see impressive growth, potentially doubling its current value. The recent upward trend and growing market interest set a positive stage for SUI's potential future performance.
Conclusion
Crypto whales are eyeing specific altcoins in anticipation of the next market cycle, signaling potential opportunities for significant gains. Ondo (ONDO) has shown resilience with a 220% gain over six months, poised for further growth if it surpasses the $1.19 resistance. Arbitrum (ARB), with emerging bullish momentum, could see a 20% increase if it breaks $0.80. XRP is primed for a potential surge of up to 39% if it clears $0.71. TRON (TRX) is nearing a breakout, with a potential 10% gain if it surpasses $0.15. Sui (SUI), with recent strong gains, could double in value if it breaks through $0.86.
These altcoins represent key opportunities as whales position themselves for the next market surge, making them worth watching closely.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Hi Binancians! Have you ever wondered if you could do more with your tokens? Imagine if, instead of just staking your $SOL once, you could use it multiple times to secure not just one, but multiple networks. That’s where restaking comes into play, and it’s changing the game on Solana. What Exactly is Restaking?
It allows you to reuse your tokens at the consensus layer to secure several networks simultaneously. Your $SOL can work harder for you, not just once, but across multiple applications, all while helping to the network security.
Introducing Solayer: Your go-to for Restaking on Solana
SOLAYER’S MISSION
One of the most significant challenges in blockchain today is congestion, and Solayer is here to tackle that head-on. By focusing on blockspace prioritization through restaking, Solayer aims to establish a new standard for Solana.
This decentralized cloud infrastructure facilitates stakers and dApps, allowing them to supply stake and acquire necessary network resources—essentially turning Solana into an even more efficient and scalable blockchain.
SOLAYER
Solana, often dubbed as the internet layer of blockchain, is where all the magic happens. It’s where data, trust, and money flow seamlessly. But what really kicks things up a notch is Solayer — a decentralized cloud infrastructure that takes Solana’s economic security and supercharges it.
THE TWO PILLARS OF SOLAYER:
Solayer isn’t just another staking platform—it’s an innovative two-pronged solution designed to take full advantage of Solana’s speed, security, and scalability. Here’s how:
1. Restaking:
By leveraging the economic security of $SOL, you can secure not just the Solana network but also other systems. When you restake your SOL, you’re not just locking it away—you’re actively contributing to the security and efficiency of multiple networks, all while earning higher yields. It’s a win-win situation for both you and the networks you support.
2. Shared Validator Network:
The second pillar of Solayer is its Shared Validator Network. This network is all about pooling resources across multiple operators within Solana’s ecosystem.
The Shared Validator Network uses Solana's top-notch security and infrastructure to make sure that dApps and endogenous AVSs on Solana have the necessary bandwidth and transaction throughput to work smoothly.
PERKS YOU ARE GONNA ENJOY
Solayer doesn’t just improve network security; it also enhances your liquidity. When you convert your $SOL into $sSOL, you’re not only contributing to the network’s health but also gaining access to liquid assets that can be used across various DeFi protocols.
And because Solana is optimized for performance with instant finality and transaction costs of less than $0.01, your restaked SOL can work harder and smarter for you.
Why Solayer? Why Now?
Solana’s fast execution environment and parallel processing make it a top choice for applications that demand high computational power, like gaming and AI/ML. With over 296 million SOL already staked, Solayer is rapidly becoming the go-to platform for everyone. And with Solayer in the mix, restaking SOL becomes even more clear.
HUGE ACHIEVEMENTS
In less than two months, Solayer has already become one of the top protocols on Solana, boasting over $150 million in Total Value Locked (TVL) and more than 70,000 unique deposit addresses.
But this is just the beginning. As Solayer continues to grow, it’s paving the way for a more decentralized, secure, and efficient blockchain ecosystem.
Why Wait? Put Your SOL to Work—Twice as Hard!
Whether you’re looking to earn multiple streams of yield or want to contribute to the decentralization of Solana’s Layer 1, Solayer has something for you. With features like native SOL staking, MEV-boosts, AVS rewards, and instant liquidity through yield-bearing $sSOL, Solayer makes it easier than ever to make the most of your $SOL.
Be Part of Something Bigger
Solayer is more than just a platform—it’s a community. It’s about putting users first and creating products that genuinely address real needs.
Tether is firing back at Celsius. 🔥The bankrupt crypto lender has recently filed a lawsuit against the stablecoin issuer, claiming damages of around $2.4 billion. 👀
Tether strongly denies these allegations, calling the lawsuit a "baseless" attempt to shift blame for Celsius's own mismanagement. 🥀 According to Tether, the two companies had a clear agreement where Celsius posted bitcoin as collateral for a $815 million USDT loan. 🤔 When the price of $BTC dropped, Celsius failed to add more collateral, leading to the liquidation of the #Bitcoin . 💦💩
Tether emphasizes its strong financial position, stating that even if the lawsuit were to succeed (which they doubt), it wouldn't impact Tether token holders. 💪
This legal battle is shaping up to be a long and contentious one. What do you think about this legal showdown?
Let us know your thoughts in the comments. DYOR! #Stablecoins #BTC
Coming Monday will decide where the Crypto Market is heading to. Currently, BTC is having a nap from 59k to 61k which according to my analysis of previous bull run is a good sign. If from Monday, BTC shows the trend from 62k to 64k then the whole week will end on 63k. This trend (if no further worldly political massacre not occurred during the certain time period) will make BTC reach to a whopping 90k to 95k by the end of September, 2024.
The way $BANANA is following the uptrend with a huge volume surge indicates that this is just the start of another mega rally! 109$ will be the next target. Hope Bitcoin remains favorable. We've tracked 510% gains in the past rally.
Unlock $20,000 in Token Rewards with Binance Square!
Complete simple tasks in the new Giveaway Center to earn your share of $10,000 in ACE and $10,000 in LISTA tokens. Activity runs from 2024-07-11 09:00 (UTC) to 2024-07-30 09:00 (UTC).
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I've initiated a long position on PEOPLEUSDT.P with the following details:
### Trade Details:
- **Asset:** PEOPLEUSDT.P - **Entry Range:** Buying between 0.08340 and 0.08440 - **Target Prices:** Aiming for 0.08600 to 0.09300 - **Stop Loss:** Set at 0.08235
### Trade Rationale:
- **Technical Analysis:** Identified a bullish setup with potential for upward movement. - **Entry Strategy:** Buying within the specified range to optimize entry price. - **Target Goals:** Targeting a price range of 0.08600 to 0.09300 for profit-taking. - **Risk Management:** Stop loss set at 0.08235 to manage downside risk.
### Why This Trade?
- **Potential Upside:** Significant upside potential towards the target range. - **Risk-Reward Ratio:** Favorable risk-reward setup with a defined stop loss. - **Market Outlook:** Positive sentiment and technical indicators support the bullish outlook.
### Stay Updated:
I'll keep you updated on the progress of this trade. Remember to manage your risk and trade responsibly.
عملة فلوجي (Floki) هي إحدى عملات الميم الرقمية التي تم إطلاقها بواسطة مطور مجهول وتم تبنيها لاحقًا من قبل مجتمع شيبا إينو1. تمثل هذه العملة مجتمع فلوكي البيئي وتحمل اسم الكلب الخاص بإيلون ماسك، وهي تعتبر جزءًا من فئة العملات الميمية التي تحظى بشعبية في سوق العملات الرقمية.
فيما يتعلق بتحليل عملة فلوجي، فإن السعر الحالي لعملة FLOKI هو $0.0001932، وتبلغ القيمة السوقية لها حوالي $1.84B USD2. وقد أظهرت العملة تشكيل نمط قاع مستدير في الرسم البياني للإطار الزمني لمدة 4 ساعات، وهو نمط الانعكاس الصعودي المعروف الذي يمكن أن يكثف زخم الشراء الأساسي3.
من المهم الإشارة إلى أن العملات الميمية مثل فلوجي تتميز بتقلبات سعرية عالية ويمكن أن تتأثر بشكل كبير بالاتجاهات والأخبار في وسائل التواصل الاجتماعي. لذلك، يجب على المستثمرين توخي الحذر وإجراء البحوث اللازمة قبل الاستثمار في هذه النوعية من العملات. الاستثمار في العملات الرقمية يحمل مخاطر عالية وينبغي أن يتم بعد دراسة جيدة وتقييم للمخاطر المحتملة. 📈
$ETHFI Fam, Level Up Your Liquid Restaking Knowledge! 💻💪
📣 Calling all ETHFI Hodlers! 👨🚀 Ever wondered how ETHFI picks the best security guards for your staked assets? 👀 Look no further than Gauntlet Network's latest article! (link to Gauntlet Network's article in a comment below)
This article dives deep into how platforms like ETHFI choose the most reliable Actively Validated Services (AVSs) within the EigenLayer ecosystem. Think of AVSs as the security guards keeping your staked crypto safe! 🪖🔫
So, what are some key things Gauntlet considers when picking an AVS? 🟢 Reputation & Track Record: A good AVS has a history of keeping things secure. Think of it like a bodyguard with a black belt! 🟢 Slashing Risk: This means how likely it is for the AVS to accidentally lose your staked assets (ouch!). Lower slashing risk is obviously better. 🟢 Yield: Everyone loves juicy returns, right? The framework also considers the potential yield offered by the AVS. After all, you deserve to be rewarded for staking your crypto!
Now, let's talk about ETHFI's choice!🤔🟪 Currently, #ETHFI puts a lot of trust in EigenDA, the biggest AVS within EigenLayer. But why EigenDA?
There could be a few reasons: 🟣 Market Leader: EigenDA is currently the king of the AVS hill, with a massive amount of crypto locked up. This can be attractive to ETHFI because it allows them to tap into a larger pool of potential users. 🟣 Security & Trust: Maybe EigenDA has a stellar reputation for keeping things safe. A good security record is essential for any AVS! 🟣 Other Factors: There could be other reasons, like a lower slashing risk or even a strategic partnership between ETHFI and EigenDA.
The important takeaway? While ETHFI's choice of EigenDA seems like a good one, it's always a good idea to DYOR. 💪
Stay informed, ETHFI fam! The world of Liquid Restaking is exciting, but it's important to be aware of the risks and make informed decisions.🤷💻 #ETHETFS #altcoins