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🚨🆘🚨Attention Attention Attention‼️ 🚨🆘🚨Big Breaking News and Alert‼️‼️ 🆘 Binance to Delist Key Spot Trading Pairs on July 5, 2024
⚙️Delisting Announcement:
Binance, the world's leading cryptocurrency exchange, will delist several spot trading pairs on July 5, 2024, at 3:00 UTC. This move aims to enhance market quality for users.
⚙️Specific Trading Pairs Affected: The following trading pairs will be removed:
The underlying tokens (AI, BTC, CHR, ETH, GAS, LQTY) will remain available for trading through other pairings on Binance Spot.
❓Impact on Trading Bots:
Spot Trading Bots services for the delisted pairs will terminate simultaneously. Users should update or cancel their bots before the deadline to avoid potential losses.
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- MA (7-day): $0.0001828 - MA (25-day): $0.0001841 - MA (99-day): $0.0001869
The 1000SATS/USDT pair is currently experiencing a slight decline, with the price below the short-term and medium-term moving averages, indicating a bearish trend. The high trading volume suggests that there is significant interest in the coin, which could lead to increased volatility.
Traders should keep an eye on the moving averages as they may act as potential resistance levels. It's important to stay updated with the latest market movements and trade cautiously,
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! Attention holders of the following altcoins!!! Binance will issue delisting warnings for these 11 altcoins💥💥💥💥
According to the official statement released by Binance today, these 11 altcoins have been included in the monitoring list due to various factors.
The altcoins that have been warned include Balancer (BAL), Cortex (CTXC), PowerPool (CVP), Convex Finance (CVX), Dock (DOCK), Kava Lend (HARD), IRISnet (IRIS), MovieBloc (MBL), Polkastarter (POLS), Status (SNT) and Sunday (SUN). These coins have now been included in the special watch list by Binance.
Compared with other coins on the exchange, these monitored altcoins show higher market volatility and investment risks. Binance said it will continue to pay attention to the market dynamics of these coins and conduct regular review and evaluation.
Binance made it clear in the statement that if these altcoins fail to meet the standards set by the exchange after review, they will face the risk of delisting.
The review criteria mainly consider the commitment of the project team, trading activity and market liquidity, the stability of the network and smart contracts, and the contribution of the project party to building a healthy and sustainable cryptocurrency ecosystem.
In addition, Binance also announced that although 11 new altcoins were added to the monitoring list, two projects - Enzyme (MLN) and Horizon (ZEN) - were removed from the list because they met the exchange standards. Users who want to trade these altcoins with monitoring labels need to complete a specific test every 90 days. In the last update, the total number of monitored altcoins exceeded 30.
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Bad news: #Bitcoin❗ has dropped below the midpoint of the weekly Bollinger Band, signaling the end of the Bitcoin bull market. Conditions for long positions are no longer favorable.
Over the next six months, we'll be closing our long positions during market rebounds and setting up significant short positions in anticipation of a bear market. We're targeting $25,000 for profit-taking on these shorts due to a key gap at that level.
If you face losses, don't worry. We can recover by shifting to a short-selling strategy. Trading is about finding opportunities in any market direction, so it's crucial to adapt quickly.
$BTC has only dropped 10% so far, but a further decline of over 70% is possible. By seizing this opportunity, we can still achieve substantial gains. Let's move forward with confidence and determination.
Proof-of-Stake vs. Proof-of-Work: Key Differences in Cryptocurrency Consensus Mechanisms In the world of cryptocurrency, two major consensus mechanisms, Proof-of-Work (PoW) and Proof-of-Stake (PoS), play crucial roles in verifying transactions and maintaining the integrity of the blockchain. Understanding their differences, along with their respective advantages and disadvantages, can provide clarity on their impact and potential future in the crypto ecosystem. Proof-of-Work (PoW) How It Works: Proof-of-Work requires miners to solve complex mathematical puzzles to validate transactions and create new blocks. This process, known as mining, involves significant computational power and energy consumption. Pros: 1. Security: High computational difficulty makes it hard for malicious actors to alter the blockchain. 2. Proven Reliability: PoW has been successfully used by major cryptocurrencies like Bitcoin and Ethereum (before its transition to PoS). Cons: 1. Energy Intensive: Mining requires vast amounts of electricity, raising environmental concerns. 2. Centralization Risk: High costs of mining equipment and electricity can lead to mining power becoming concentrated in the hands of a few entities. Proof-of-Stake (PoS) How It Works: In Proof-of-Stake, validators are chosen to create new blocks based on the number of coins they hold and are willing to "stake" as collateral. This process eliminates the need for intensive computation. Pros: 1. Energy Efficient: Significantly reduces energy consumption compared to PoW. 2. Incentives for Holding: Encourages participants to hold and stake coins, potentially reducing market volatility. Cons: 1. Potential for Centralization: Wealthier participants with more coins have greater influence, which could lead to centralization. 2. Less Battle-Tested: PoS is a newer technology and less proven in long-term security compared to PoW. Conclusion Both PoW and PoS have unique strengths and weaknesses. PoW's security and reliability come at the cost of high energy consumption, while PoS offers a more sustainable and economically inclusive alternative but is still in the process of proving its long-term robustness. As the crypto landscape evolves, the choice between PoW and PoS will continue to shape the future of blockchain technology. #Wriete2Earn
$BTC $ETH 🚨 BREAKING: Mt. Gox Announces July 2024 Bitcoin and Bitcoin Cash Repayments! 💸💸 In a move that could shake the crypto world, Mt. Gox has revealed plans to start repaying creditors in #BITCOIN and Bitcoin Cash from July 2024. 📆💰
This long-awaited decision comes after years of uncertainty and speculation surrounding the fate of the defunct exchange's assets.
The Rehabilitation Trustee has confirmed that the necessary preparations are now complete, ensuring a safe, reliable, and compliant repayment process.
✅🔒 Creditors can finally breathe a sigh of relief as they await the distribution of their long-lost funds. With over 142,000 $BTC and 143,000 #BCH up for grabs, this development could potentially inject a significant amount of liquidity into the market. 💰🚀 Will this influx of coins lead to increased volatility or a new bull run?
Guys, Follow Me For More Information, Must Read Altcoins Chart Position, Heat map of the location of the relative strength indicator (RSI) on the 4-hour charts of the TOP 150 cryptocurrencies
The most overheated - $ZK , $ENS , $LDO The most oversold - $CHZ , $STRK , $AEVO #AEVO。 #strkusdt
Will Become ASI (Artificial Super Intelligence ), that's great 💯 But one question has left me bothered.
What will happen to the Fetch tokens who have put it on locked staking?
Those who are either familiar or not with "Binance Earn", you can earn passive income by staking your tokens in either Flexible or Locked staking. Major Difference:
In flexible staking you can anytime redeem the number of tokens as per your preference and leave the rest or you can redeem the entire lot.
The APR in this case is much low as compared to locked staking and almost every coin listed in Binance can be staked in this scheme.
Whereas in case of locked staking your tokens will be locked for a certain time period as per choices available and premature redemption will lead to the deduction of heavy charges from Binance.
The APR in this case is much higher as compared to flexible and not every coin listed in Binance qualifies under this scheme.
So, I've put Fet tokens under locked Staking and earned decent returns till date. With all the buzz going around, the spot positions in these three coins will be automatically converted to ASI tokens.
I've gone through the conversation rate as well. Are the Fet tokens under locked staking will be anyhow affected?
Please anyone who can throw some light on this particular situation will really appreciate it.
Guys, Follow Me For More Information, #ALTCOINS RECOVERY !!!!!! After a huge and devastating dump a bit recovery is seen in the market , it is not definite that the market is going to bull all the way but it is a chance as the Altcoins showed the steady performance .
well, upcoming hours and days will clear the fence and try towards reversal ,
advised to watch market closely and never enter in the market in the odd timings without making research ,
Updates on Taker Fee Promotion for Spot and Margin Altcoin Trading Pairs This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, As Binance conducts regular reviews of its promotion offerings to provide users with the most value and competitive services, Binance will be updating the Taker Fee Promotion for the following Spot and Margin Altcoin Trading Pairs at 2024-07-01 00:00 (UTC). PEPE/USDT, STRK/USDT, ENA/USDT, SUI/USDT, WIF/USDT, NEAR/USDT, OP/USDT, BONK/USDT, LTC/USDT, FET/USDT, ORDI/USDT, BCH/USDT, W/USDT, ARB/USDT, LINK/USDT, TIA/USDT, ETC/USDT, APT/USDT, RNDR/USDT, WLD/USDT Standard taker fees will apply after the promotion ends at 2024-07-01 00:00 (UTC). Please refer to the spot and margin trading fee structure for more details. VIP Level Maker Fee Taker Fee Regular Standard maker fees as per user’s VIP level Standard taker fees as per user’s VIP level VIP 1 VIP 2 VIP 3 VIP 4 VIP 5 VIP 6 VIP 7 VIP 8 VIP 9 Thank you for your support! @Mk Crypto Currency Trader Follow For More Information, #Write2Earn
Guys, Follow Me For More Information And Perfect Predictions, Must Read Altcoins Buyers are In Big 📉 Loss , ## Market is Ejecting Investors Right now, 90% of people who invested in altcoins are facing big losses. Many of these investors have lost faith in future growth and expect more drops, especially in altcoins.
However, most analysts and traders predict a quick turnaround and a strong rally. Often, when most people expect one thing, the opposite happens.
I believe we will see further drops before a strong bounce back and the start of a big altcoin season. It's important to be ready because the turnaround can happen quickly.
Many wonder how much lower the market can go. The truth is, there's no definite bottom. Each new low can lead to another drop, potentially without end. The key is the market's cyclical nature. So, never invest all your money at once; you might get many chances to buy at lower prices before the expected growth happens.