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Matylda Binance Angel
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Binance is thrilled to launch the Loyalty Points Program for all existing and new users from Poland, as a token of appreciation for your continuous support and dedication. Get a chance to win rewards for performing simple tasks that you love doing on Binance. What can you win? ➡️ Token vouchers and discounts ➡️ Binance Swag ➡️ 10 x AirPods ➡️ 5 x Apple Watch ➡️ Tickets to The Weekend concert #binance #binancepoland #loyalityprogram

Binance is thrilled to launch the Loyalty Points Program for all existing and new users from Poland, as a token of appreciation for your continuous support and dedication.

Get a chance to win rewards for performing simple tasks that you love doing on Binance.

What can you win? ➡️ Token vouchers and discounts ➡️ Binance Swag ➡️ 10 x AirPods ➡️ 5 x Apple Watch ➡️ Tickets to The Weekend concert #binance #binancepoland #loyalityprogram

Жауапкершіліктен бас тарту туралы мәлімдеме: үшінші тараптардың пікірлері бар. Қаржылық кеңес емес. Ішінде жарнамалық контент болуы мүмкін. Шарттар мен талаптарды қараңыз.
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Matylda Binance Angel
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Bitcoin is trading above $40,000 and investors are rubbing their hands at the sports ETF level already in place In addition, there is information on the official market that the Securities Commission influences decisions regarding the ETF for ethpreum for May 2024 \news a reversal of the rate around USD 2,000 which, if applied to the upward trend, may be good for the presence of units separately on ethpreum as well as other crypto wars second on this chain #ETH #ETF #Bitcoin…
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Cryptocurrency and real estate
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Société Générale, one of the early major European banks to enter the stablecoin market, has launched its native stablecoin linked to the euro. As reported by the Financial Times, the Luxembourg-based cryptocurrency exchange Bitstamp will host the launch of the EUR CoinVertible (EURCV) stablecoin. Bank clients will have the opportunity to engage in the digital asset market with full support for EURCV in euros. These assets can be traded and will be accessible to a broad range of consumers. Jean-Marc Stenger, the CEO of Société Générale Forge, emphasized the need for a euro-backed stablecoin and stated that the new stablecoin underscores the bank's role in the evolving cryptocurrency space. While stablecoins tied to the U.S. dollar, such as Tether (USDT) and USD Coin (USDC) by Circle, dominate the private crypto stablecoin market, Stenger described the bank's move as more than just a novelty. He explained that the new stablecoin was created with the intention of using it for settling transactions involving digital funds, bonds, and other assets. Furthermore, he mentioned that the versatile application of the stablecoin allows for its adoption by various financial service providers beyond the Société Générale platform. #stablecoin
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Amid the recent surge in the Bitcoin and cryptocurrency market, Ethereum has been characterized as a dormant giant, not experiencing the same level of gains as its more established counterpart. Analysts and proponents contend that these assets are currently undervalued. In the recent market rally initiated in mid-October, Ethereum saw an increase of around 30%. In contrast, Bitcoin experienced a more substantial rise of 55% during the same period, primarily fueled by excitement surrounding a potential spot ETF. On December 4th, Ryan Sean Adams from Bankless expressed: "The notion of ETH priced at $2,200 is almost humorous." He elaborated: "Participants in this market cycle are operating on a 'what if' scenario, overlooking Ethereum's robust fundamentals." Adams highlighted that Ethereum presently generates $2.7 billion in annual profits and stands as the "sole revenue-generating chain." Additionally, it boasts a P/E ratio of 98, slightly surpassing Amazon's P/E ratio of 75. The price-to-earnings ratio serves as a valuation tool comparing a company's current stock price to its earnings per share. In this context, Ethereum generates considerably more revenue than what is reflected in its current asset price. Adams also pointed out the existence of entire chains acting as buyers of blockchain space, particularly second-layer solutions. Key fundamentals contributing to Ethereum's potential include the deflationary emission of the cryptocurrency. As per ultrasound.money, the supply has diminished by 293,240 ETH since the merger in September 2022. #ETH
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On December 5, 2023, Bitcoin (BTC) experienced a significant surge, surpassing $42,000 and gaining over 2% in the last 24 hours. This dynamic increase in the value of digital gold is partially attributed to investors' expectations related to the potential approval of a spot Bitcoin ETF and the upcoming Bitcoin halving scheduled for 2024. Investors are enthusiastic about these events, drawn by the promise of profits. Data analysis from IntoTheBlock reveals that 88% of all Bitcoin holders have unrealized gains. This indicator is associated with wallet addresses that acquired BTC at prices lower than the current market value. Despite the euphoria, only 11% of the total BTC supply is held by "large holders," potentially influencing market dynamics in the future. An interesting aspect of the market structure is the analysis of Bitcoin holders. Over 69% of wallets store their Bitcoins for over a year, indicating a high level of investor trust in this asset. On the other hand, 31% hold cryptocurrencies for less than 12 months, with 7% for less than a month. This diversity in investment strategies suggests that investors have varying risk tolerance levels. Looking at the broader perspective, the future of Bitcoin remains uncertain. Recent market signals indicate neutrality, but the growing number of profitable holders may be a potential reversal signal. #BTC
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