🚀 Bitcoin has rocketed past 109k, smashing ATHs! Where's it going next? Drop your prediction for this week's $BTC closing price in the comments of this post 👇 🎁The top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now! *Campaign Period: 2025-01-20 07:30 to 2025-01-26 20:00 (UTC) ‼️Ensure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry. Terms and Conditions: This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod. Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-26 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at 2025-01-26 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of same predictions by multiple users, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 14 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant. Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelinesor Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.
$BTC is a now sort of reserves for countries and in my opinion it's far beyond than Gold now So, it's never too late get your bags full of some btc and many other strong Alt coins that have potential DYOR...
In recent years, cryptocurrency lending has emerged as a significant financial innovation, offering new opportunities for both investors and borrowers. This practice, which involves lending out your cryptocurrency assets in exchange for interest or collateral, has gained traction due to the increasing mainstream adoption of digital assets and decentralized finance (DeFi) solutions. Here’s a closer look at how crypto lending is reshaping the financial landscape and why it has become a popular financial strategy.
Understanding Crypto Lending
Crypto lending involves two primary participants: lenders and borrowers. Lenders provide their cryptocurrency assets to a platform or borrower in exchange for interest payments. In return, borrowers receive access to crypto assets or liquidity without having to sell their holdings. This arrangement can be facilitated through centralized platforms, such as BlockFi or Celsius, or decentralized protocols, like Compound and Aave.
How It Works
1.Lending Process: Lenders deposit their cryptocurrencies into a lending platform, which pools these assets to lend out to borrowers. The platform or protocol then manages the loan agreements, interest rates, and collateral requirements.
2.Borrowing Process: Borrowers can take out loans by providing collateral, usually in the form of cryptocurrency. The amount they can borrow is typically a fraction of their collateral value to mitigate the risk of default. For example, if someone deposits Bitcoin as collateral, they might borrow a certain amount of stablecoins.
3. Interest and Returns: Lenders earn interest on their deposited assets, which can be a fixed or variable rate depending on the platform. Interest rates are influenced by supply and demand dynamics within the lending market.
$T #CryptoPump #CryptoNewss Some basic info About T Coin. Threshold (T) coin is a cryptocurrency associated with the Threshold Network, which focuses on privacy-preserving decentralized finance (DeFi) solutions. Here’s a detailed view:
Threshold Network Overview -Purpose:Threshold Network aims to provide secure and private decentralized financial services. It merges aspects of cryptographic security and decentralized finance to enhance user privacy and control.
T Coin Details - Name:Threshold - Symbol: T - Type:Utility Token - Blockchain:Typically operates on Ethereum but could be cross-chain depending on network integrations.
Key Features- Privacy: T Coin is designed to ensure privacy in transactions, leveraging cryptographic techniques to protect user data.- Governance:Token holders might have governance rights, allowing them to vote on key proposals affecting the network’s development.-Staking:Users can often stake T Coins to support network operations or secure the protocol, potentially earning rewards. *Use Cases*-Transaction Fees:*Used to pay for transaction fees within the Threshold Network.-Access to Services:*Grants access to specific features or services within the network.- Governance:*Allows holders to participate in decision-making processes for network upgrades and changes. *Technical Specifications- *Smart Contracts:** T Coin might interact with smart contracts on the Ethereum network, enabling various decentralized applications (dApps) and services.- *Security:*Designed with a focus on cryptographic security to protect users’ financial
$TON #TONonBinance Ready to go 🚀 DYOR TON (The Open Network) coin, also known as Toncoin (TON), is the native cryptocurrency of the TON blockchain, which was developed by the team behind Telegram. Here’s a summary of its key aspects:
1. Background: -Development: Originally, TON was created by Telegram, but due to regulatory challenges, Telegram ceased its direct involvement. The development continued under the leadership of the TON Foundation. -Blockchain: TON is a multi-layered blockchain designed to offer high-speed, scalable transactions and support for smart contracts and decentralized applications (dApps).
2. Features: - Scalability: TON aims to address scalability issues with its multi-layered approach, allowing for efficient processing of transactions and smart contracts. -Integration: It is designed to integrate with Telegram and other applications, potentially providing a broad user base and practical use cases.
3.TON Coin (TON): - Utility: TON is used within the TON ecosystem for various purposes, including paying for transaction fees, participating in governance, and interacting with dApps. - **Distribution**: Toncoin is distributed through a mix of initial token sales, staking, and other mechanisms within the network.
4. Current Status: -Market: As of the latest information, Toncoin has established itself in the cryptocurrency market with a growing presence and utility within the TON ecosystem. -Adoption: The integration with Telegram and the development of dApps contribute to its adoption and usage.
USTC, formerly known as TerraUSD (UST), is a cryptocurrency that was originally designed as an algorithmic stablecoin on the Terra blockchain. Here's a summary of its current situation and analysis:
1.Background: UST was initially pegged 1:1 to the U.S. dollar. However, in May 2022, it lost its peg, leading to a significant drop in value and causing a broader crisis within the Terra ecosystem. The collapse of UST was a major factor in the downfall of its associated token, LUNA.
2. Rebranding and Status: After the collapse, the Terra blockchain underwent a rebranding. The original UST became known as USTC (TerraClassicUSD), while the new Terra ecosystem launched a new stablecoin called TerraUSD (also UST). USTC now represents the legacy stablecoin on the original Terra blockchain (now known as Terra Classic).
3. Current Analysis: - Market Value: As of the latest updates, USTC remains highly volatile and far from its original peg of $1. Its value is largely speculative and influenced by ongoing developments within the Terra Classic community. - Utility and Adoption: USTC is primarily of interest to those involved in the Terra Classic ecosystem and those trading historical assets. It has limited use compared to stablecoins that maintain their peg reliably. - Future Prospects: The future of USTC depends on the broader Terra Classic ecosystem's recovery efforts and any potential changes in regulatory or market conditions. It is generally viewed with caution due to its historical issues.
#XRP #SEC Read this before taking any trade in xrp.. This detail is for new users..
The legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) centers on whether XRP, the cryptocurrency developed by Ripple, should be classified as a security. Here’s a summary of the situation:
1.Background: In December 2020, the SEC sued Ripple Labs, its CEO Brad Garlinghouse, and co-founder Chris Larsen, alleging that they conducted an unregistered securities offering by selling XRP. The SEC argues that XRP is a security and that Ripple’s sales of XRP constitute a violation of securities laws.
2.Ripple’s Defense: Ripple contends that XRP is not a security but rather a digital currency, similar to Bitcoin or Ethereum. Ripple argues that XRP has utility and is not an investment contract.
3.Legal Proceedings: The case has involved various motions and rulings. Ripple has challenged the SEC’s jurisdiction and the clarity of its regulations. The court has also considered the classification of XRP and its implications.
4.Settlement and Developments: There have been ongoing discussions about potential settlements and rulings. Ripple has sought to argue that the SEC's enforcement actions were not clearly defined, impacting their ability to comply with regulations.
5.Current Status: As of the latest updates, the case is still unfolding, with various motions and rulings shaping the outcome. The decision could have significant implications for XRP and the broader cryptocurrency market.
For the most current status, it’s essential to check recent news and legal updates, as the situation can evolve rapidly.