Mr. Ripple what's Going on? Ripple announced that it will | Crypto Notes en Binance Square

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Mr. Ripple what's Going on? 
Ripple announced that it will launch its new USD-backed stablecoin in June.
Another Luna Terra in the future? what do you think? 
$BTC #altcoins  #xrp  #ripple  #CryptoWatchMay2024  #LUNA🔥🔥🔥 
Follow Us  @Crypto Notes 

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What is Fed interest rate? How do Fed interest rates affect cryptocurrency prices? Many traders who are new to the world of crypto often confused about the connection between FED interest rate and its impact on Cryptocurrency prices. Well Let's make it simple The United Stated Federal Reserve often known as FED acts as the central bank of the United States. One of the main responsiblity of U.S central bank is to manage the interest rate of the country. Lower Interest rate can stimulate the economic growth, make borrowing cheaper and attract the people and companies to invest and spend more. Cryptocurrency prices often hike if FED cut the interest rate. Increase in Interest rate often rise the inflation within the country and people are less likely to borrow or invest. Crypto prices like bitcoin also loose its value. Impact of FED interest Rates on Crypto Market In most cases, Crypto market reacts in this way, High interest rate = Crypto prices low Low interest rate = Crypto prices bullish People often don't take any risk to trade in cryptocurrency market when fed interest rates rise due to its high volatile nature. People attract to invest in low risk assets like bonds. Demand of cryptocurrency decreases, pushing prices down. Margin trading or Leverage trading is gaining popularity these days, Traders borrow money to sky rocket their profits. Hence leverage trading is the most riskier. When the rates get high the traders have to borrow money at higher cost. As a result of this people have to sell their positions to meet the obligations which led the crypto prices downwards. On the contrary when fed interest rate decrease, people are willing to invest more, banks offers loans at cheap prices, money inflow to crypto, tends the prices high. Well, connection between FED interest rates and financial markets are very complex. In short term we may observe the huge fluactions but in long term investors are more optimistic for crypto investment. This is not 100% guaranteed that rise in interest rate can cause the crypto prices down or vise versa. @Binance

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What will happen to Matic Futures trade positions after the conversion of Matic token to Pol? Many Members are confusing about the open positions of futures trades in matic coin. What will happen to matic contracts after matic conversion to Pol Token ?? Answer All Leverage/futures positions will close automatically. Its better to close it by yourself otherwise exchanges will settle it automatically according to last price of matic before conversion into matic coin Binance Futures will close all positions automatically ( if not closed manually) on 04/09/2024 - 8:30am UTC #MATICUPDATE #altcoins #TON

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What is Bitcoin Dominance? How to use Bitcoin Dominance in Crypto Trading? So yo have decided to make a future as a successful Trader. Let me share with you some secrets about bitcoin Dominance and its effect on whole cryptocurrency market. Let's Dive in What is Bitcoin Dominance? First we need to understand what is bitcoin dominance. Btc dominance is a ratio between market capitalization of btc to the total market cap of the entire crypto market and it is calculated by dividing bitcoin,s market capitalization by total market cap of all cryptocurrencies and multiplying by 100. Bitcoin Dominance= (Bitcoin Market Cap/Total Crypto Market Cap) x 100 Bitcoin Dominance VS Altcoins We can use Bitcoin dominance as a Trading indicator. Simply bitcoin dominance is a relative strength of bitcoin compared to other altcoins. Higher btc dominance means, traders are having more interest in bitcoin rather than other cryptocurrencies. Usually in General when btc dominance rise then altcoins market can crash. On the other hand if btc dominance decreases that's indicate Altcoins are gaining more market share. How to use bitcoin dominance in Trading Bitcoin dominance is often used as trading strategy. This helps the traders in many ways Portfolio Diversification Traders can easily diversify their crypto portfolio by observing the btc dominance. Entry and exit from traders Bitcoin dominance indicate us when to take entry or exit from bitcoin and altcoins. Let me make it simple, Use this formula, Bitcoin Dominance High+bitcoin in uptrend = Sell Altcoins Bitcoin Dominance High + bitcoin in downtrend = Buy Altcoins BTC dominance Low + Bitcoin in Uptrend = Sell Altcoins BTC dominance Low + Bitcoin in Downtrend = Buy altcoins Market Sentiments Analysis Above formula is clearly help us to understand the crypto market sentiments. We can easily monitor wether money is flowing into altcoins or bitcoin. Want to learn more deeply about Bitcoin Dominance then read this Binance Article @Binance

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What is Binance Blockchain Week Dubai 2024: Why It Matters to Crypto Community? Well I am super Excited to join Binance Blockchain week Dubai on 30-31, October 2024 🔥 Last Year in September Me and my wife attended the binance blockchain week event which took place in Istanbul Turkey. Believe me, That experience was incredible. Let me share my experience and why These kind of binance events are unmissable? Chance to Meet with Binance Team For the first time, I got a chance to meet with the binance team on Binance blockchain week 2023 - I had great connection with them after that meeting. Do you know why? I found, all the team members are highly organised and feel that my funds are safe with them. They are all highly professional. Direct Learning from Industry Leaders I had a chance to learn directly from the industry leaders, Institutional Investors, policy makers, entrepreneurs and blockchain experts. I discovered about their trading strategies. I polished my investing skill and as a youtuber I attract many leaders to collaborate with Crypto Notes 🤑 Discover the New Crypto Projects In the exhibition hall, I found many crypto stalls. I directly enguage with the teams of various crypto projects. I got to know about he potential of many crypto hidden gems. Later on I invested in those altcoins and No doubt I earned handsome amout of profit. Binance Hospitality with Heart I am a bit foodie person and my wife too, Binance offered us wide range food, drinks, juices throughout the day. From 9am breakfast to lunch and Evening light meal at 5pm binance offered us 30+ dishes. One secret on the meal table I got a chance to meet with very famous youtubers and influencers. Making Money Competitions I would say it money making, I participated in many games and competition and won the prize of $500 from binance. I won many T. shirts and special Qr code for online bonuses of varios crypto projects. Well I would say to join #BinanceBlockchainWeek is completely worth of Money Buy the Tickets Here Event Tickets @Binance

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