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#bnx *Binary X News* Here are some news and updates about Binary X Token Burn Proposal*: BinaryX has proposed a 74% burn of its token supply, which could potentially impact the price of BNX. Price Surge*: Following the token burn proposal, BNX surged by 38% in price. GameFi Platform*: BinaryX is transitioning to a GameFi platform, offering IGO services to bridge Web2 developers to Web3. DAO Governance*: BinaryX has a DAO governance system, which allows for community involvement in decision-making. Market Capitalization*: The market capitalization of BinaryX is $544,814,952, with a 24-hour trading volume of $32,717,940. Circulating Supply*: The circulating supply of BNX is 372,864,724, with a total supply of 560,605,771. All-Time High*: The all-time high price of BNX was $6.58, recorded on February 28, 2023. All-Time Low*: The all-time low price of BNX was $0.1719, recorded on August 17, 2023.
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How to star crypto trading ? ************************** "To start crypto trading, follow these steps: 1. _Create an account on a crypto exchange_: First, you need to create an account on a crypto exchange like Binance, Coinbase, or WazirX. 2. _Verify your account_: After creating an account, you need to verify it. For this, you need to upload your identity proof and address proof. 3. _Deposit funds_: After verifying your account, you need to deposit funds into your account. This can be in the form of INR, USD, or any other cryptocurrency. 4. _Select a crypto_: After depositing funds, you need to select a cryptocurrency. This can be Bitcoin, Ethereum, or any other. 5. _Create a trading strategy_: After selecting a crypto, you need to create a trading strategy. This can be long-term investment, short-term trading, or any other. 6. _Select a platform to trade_: After creating a trading strategy, you need to select a platform to trade. This can be Binance, Coinbase, or any other. 7. _Buy or sell crypto_: After selecting a platform, you need to place an order to buy or sell crypto. 8. _Track your portfolio_: After buying or selling crypto, you need to track your portfolio. This will help you understand how your investment is performing. These steps can help you start crypto trading. However, it's important to do your research and consult with a financial advisor before starting."
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Mt. Gox $6 Billion Bitcoin Stack on Move Again: Selling Incoming? Mt. Gox's Recent Transactions*: Mt. Gox, a defunct crypto exchange, recently moved $6 billion worth of Bitcoin, sparking concerns about potential selling pressure Creditor Repayment*: The movement is likely part of the ongoing reimbursement process for creditors, who are expected to receive $9.2 billion in repayments before the end of October Market Impact*: While some experts predict a potential decline in Bitcoin's price due to the increased supply, others believe the market can handle the transfers without significant price drops Creditors' Intentions*: Many creditors are believed to be long-term investors, unlikely to liquidate their holdings immediately ². Mt. Gox's History*: Mt. Gox was one of the earliest crypto exchanges, operating from 2010 until its collapse in 2014 due to a series of hacks Bitcoin's Resilience*: The ongoing reimbursement process highlights Bitcoin's resilience and the community's commitment to accountable custody and transparent transactions ³. Market Analysts' Views*: Analysts are closely watching the situation, with some expecting a short-term drawdown but a quick recovery Others predict a potential bearish trend in the short term but a continued bull market in the long run
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Enjoy to earn free on Binance, you can try the following methods 1 Binance Referral Program_: Invite your friends to Binance and receive a fixed amount for each successful referral. 2 Binance Airdrops_: Participate in available airdrops on Binance and receive free tokens. 3 Binance Staking_: Stake your tokens and receive rewards. 4 Binance Trading Competitions_: Participate in trading competitions on Binance and win prizes. 5 Binance Learn & Earn_: Participate in Binance's Learn & Earn program and learn about cryptocurrency and receive rewards. 6 Binance Community_: Participate in the Binance community and share your knowledge and experience. 7 Binance Affiliate Program_: Participate in Binance's affiliate program and receive commissions for your promotional efforts. By trying these methods, you can earn free on Binance. However, keep in mind that these methods depend on your efforts and consistency."
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Candlestick Pattern Lesson no.9 Inverted Hammer Inverted Hammer Pattern Information: The Inverted Hammer is a bullish reversal candlestick pattern that appears after a downtrend. It is characterized by a single candle with a small body located at the lower end of the trading range and a long upper shadow (wick). The pattern resembles an inverted hammer, with the body representing the handle and the shadow representing the hammer's head. How to Use: Identify Downtrend: Look for a prevailing downtrend in the price chart. Spot Inverted Hammer: Observe a small-bodied candle with a long upper shadow, occurring after a downtrend. Confirmation: While the pattern itself is a signal, consider additional confirmation from other technical indicators or patterns. Entry: Consider entering a long (buy) position at the opening of the next candle following the Inverted Hammer pattern. Stop Loss: Place a stop-loss order below the low of the Inverted Hammer or at a suitable support level. Target: Determine a price target based on resistance levels or other technical analysis tools. Important Points: Upper Shadow: The long upper shadow suggests that bulls attempted to push prices higher after a downtrend. Volume: Look for an increase in trading volume accompanying the pattern for added credibility. Confirmation: Rely on confirmation signals to enhance the reliability of the Inverted Hammer pattern. Market Context: Consider the broader market trend, news, and other factors before relying solely on the Inverted Hammer pattern. Utilize the Inverted Hammer pattern as part of a comprehensive trading strategy. Combine it with other technical and fundamental analysis tools to make well-informed trading decisions. Remember that no pattern guarantees success, and careful risk management is crucial for successful trading.
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