☀️ Daniel, Rachel and Bader of the @Binance Team provided t | Professor Mende - Bonuz Ecosystem Founder on Binance Square

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Professor Mende - Bonuz Ecosystem Founder

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☀️ Daniel, Rachel and Bader of the @Binance  Team provided today lots of valuable Answers to all of us here at the #BinanceCampus ✨💛 AMA’s are healthy for better
Communities! 🎖️🎖️🎖️
#binance

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💡How to trade in this market: Buy Fear and Sell Euphoria The markets took a nosedive this weekend, with the Dow, S&P 500, and Bitcoin all suffering major losses. The S&P 500 dropped over 1,000 points, Bitcoin slid below $49,000, and Japan’s Nikkei 225 index saw its worst drop since 1987. It’s a bloodbath out there, and traders are wondering if it’s time to jump in or stay on the sidelines. Pear Protocol founder HUF shares some advice: When fear grips the market, that's your signal to start buying. In times of market euphoria, it’s time to sell. The recent turmoil, he suggests, is the perfect setup to apply this strategy. Markets have been on a downward spiral since April, and as volatility spikes, many traders are getting burned by trying to time the market. Instead, HUF advises focusing on the psychology of trading. When fear is at its peak, assets are often oversold, making it a prime time to buy. Conversely, when the market is euphoric and everyone’s buying, it’s a sign that prices may be inflated and it's time to take profits. In these uncertain times, it’s not about chasing trends but about staying disciplined. The key to surviving—and thriving—in this environment is to have a clear plan: buy when others are fearful and sell when the market is riding high on euphoria. Remember, the best opportunities often come when things look the worst. Follow @Professor Mende - Bonuz Ecosystem Founder for more trading advice! #trading #bullorbear #bullrun #bitcoinprice #tradingtips $BTC $XRP $PEPE

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🇷🇺 Russia Legalizes Crypto Mining!!! Russia has taken a significant step in embracing cryptocurrency with the State Duma passing two pivotal laws. The first law, set to take effect on November 1, 2024, fully legalizes cryptocurrency mining in the country. Legal entities and registered entrepreneurs will be allowed to engage in mining activities, while those not registered can only operate mining rigs if they do not exceed certain energy consumption limits. Oversight of mining activities will be shared among various institutions, with the Bank of Russia holding considerable authority. Miners will be required to report their digital currency earnings to a government-authorized body. This law also introduces a ban on advertising cryptocurrencies and offering them to the general public. The Russian government, in agreement with the Bank of Russia, will establish specific requirements for mining operations, including for participants in mining pools. The second law, which comes into force on September 1, 2024, introduces an experimental regime allowing the Bank of Russia to authorize selected companies to conduct cross-border settlements and exchange trading in digital currencies. Companies interested in participating in this experimental regime must apply to the central bank. The experiment will explore the use of cryptocurrency for foreign trade settlements, exchange trading, and the creation of an electronic platform for cryptocurrency operations. These legislative moves reflect Russia's strategic approach to integrating cryptocurrency into its economy, while maintaining strict regulatory oversight to ensure financial stability. The global crypto community will be watching closely to see how these changes influence both the Russian market and the broader crypto industry. What's your opinion on this? I personally love it. Thanks Putin. Drop a comment below! #russia #mining #cryptomining #bitcoinnews #bitcoin $BTC

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🚀 Bitcoin is going to $100,000 sooner thank you think but… Most of you are going to say: 1. Bitcoin is down 33% and the bull run is over. 2. Entities are selling their Bitcoin. German Gov't, Mt. Gox, FTX Creditor. 3. The Bank of Japan is raising rates. The global market is going to collapse. But did you know: 1. The German Gov't has no Bitcoin left to sell. Mt. Gox Creditors and FTX Creditors are not selling. 2. The Bank of Japan says no more rate hikes. 3. The FED is expected to cut rates in September. Lower rates, more money. 4. Crypto is being used in the election. Trump and Kennedy are pro-crypto. Even Harris is trying to join the party. 5. Crypto is in the Senate. Sen. Lummis proposed a Strategic Bitcoin Reserve bill that aims to raise 1 million Bitcoin within 5 years. 6. States are passing a bill to protect Bitcoin Rights. Oklahoma and Missouri have passed the bill. Ohio, South Carolina, Mississippi, Tennessee and more have proposed the same bill. 7. Institutions are buying Bitcoin. Microstrategy is raising $2 billion to buy more Bitcoin. Metaplanet is raising 10 billion Yen to buy more Bitcoin. Along with these two is Semler Scientific which continuously buys Bitcoin. 8. Bitcoin and Ethereum ETFs. Bitcoin ETF is successful with over $50 billion onchain holdings within 6 months. Ethereum ETF have $6.6 billion onchain holdings within 12 trading days. 9. Institutions are reporting that they hold Bitcoin through Bitcoin ETF shares. There are over 700+ institutions for Q1 2024. 10. Morgan Stanley has its 15,000 financial advisers recommend Bitcoin ETF to its wealthy clients. The world started to adopt Bitcoin. So if you are still bearish on Bitcoin, then you are looking too close to it. Step back, zoom out, and then you can see the bigger picture. Stay updated with @mende! #bullrun #bullorbear #bitcoin #bitcoinprice #btc $BTC $PEPE $XRP

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🚀 XRP up 26% as Ripple hails $125,000,000 penalty as victory XRP's price has surged 26% to $0.63 following a pivotal development in the Ripple Labs vs. SEC case. On August 7, a New York federal judge ordered Ripple Labs to pay a $125 million civil penalty but stopped short of classifying XRP as a security, signaling a potential end to the three-year legal battle. ⚖ Ripple’s Victory: Ripple Labs CEO Brad Garlinghouse celebrated the decision as a win for Ripple, the broader crypto industry, and the rule of law. Co-founder Chris Larsen echoed this sentiment, expressing relief at the end of what he termed the SEC’s “war on crypto.” Ripple’s penalty, though hefty, seems to have been overshadowed by XRP’s price rally, with the token up 44.88% over the past 30 days. 📈 Market Reaction: The XRP price jumped from $0.50 to $0.63, erasing losses from recent market downturns. The surge led to a significant liquidation of short positions, with over $5.4 million worth being wiped out in just four hours. 📊 Community Reaction: Crypto commentator Fred Rispoli noted that Ripple's penalty was quickly offset by the price movement, calling it a huge win for Ripple. Enthusiasts like Ripple Van Winkle hailed the end of the lawsuit as the start of a new bullish phase for XRP. 🚀 As Ripple's legal saga nears its conclusion, the XRP market is experiencing renewed optimism and volatility. Stay tuned for further developments as Ripple and its supporters anticipate a bright future. 🌟 #XRP #Ripple #CryptoNews #SEC #Blockchain $XRP $BTC $ETH

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🔥 ONLY CRYPTO VETERANS WILL UNDERSTAND! #bitcoin #bitcoinprice #bullorbear #crypto #btc $BTC

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