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LowestCPI2021

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#BinanceLaunchpoolTON Binance Launchpool & Super Earn: Earn Toncoin (TON) by Staking BNB, TON, and FDUSD The leading cryptocurrency exchange, Binance, has announced Toncoin as the next project featured on their Binance Launchpool staking platform. The exchange has also introduced a new feature called Binance Super Earn, which allows stakers to earn a special APR for a limited time. Until September 3, you can earn Toncoin (TON) tokens on Binance simply by staking your TON, BNB, or the FDUSD stablecoin. You can withdraw the coins you’ve staked at any time and keep the TON token rewards. Binance plans to distribute 0.15% of the total TON token supply to users on Launchpool. This translates to 7.65 million TON tokens (worth about $48.5 million at current rates) out of a total supply of roughly 5.11 billion tokens. What is The Open Network (TON)? The Open Network (TON) is a blockchain-based platform originally developed by the team behind Telegram, a popular messaging app. TON was designed to enable fast, secure, and scalable transactions, with the ultimate goal of supporting a wide range of decentralized applications (dApps) and services.

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#BinanceSquare “Binance Square has always been about building a community-first social platform, and today’s announcement is a step in the right direction. We have built an accessible and inclusive platform for knowledge sharing within the Web3 and crypto space and are excited to have more people join us. Many people, including myself, are already on the platform to engage in some of the most important discussions in Web3.” #BinanceLaunchpoolTON #LowestCPI2021

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#MarketDownturn Why is the crypto market down today? Today, the cryptocurrency market’s losses mirror extreme selloffs across the global equity market, which have already caused over $1 billion in liquidations. On Aug. 5, the market capitalization of all crypto assets combined plunged by up to 15.80% to its six-month low of $1.694 trillion. Leading the losses were Bitcoin BTC tickers down $50,171 and Ether ETH tickers down $2,234 , which together control over 70% of the overall crypto market share. However, on July 31, the Bank of Japan (BOJ) increased its interest rate to 0.25%, raising speculation of further hikes among traders. In contrast, the US Federal Reserve will likely start cutting interest rates in September due to rising unemployment and slower economic growth. As a result, the yen surged to its best levels versus the dollar since January 2024. This rapid appreciation has disrupted the profitability of the carry trade from the yen to the dollar. Over $1 billion in crypto liquidations The crypto market decline has picked up momentum further due to $1.08 billion of liquidations in the last 24 hours, of which $919.54 million are longs. Meanwhile, the crypto futures market’s open interest (OI) has dropped by approximately 15% in the same period. #BTCMarketPanic #RecessionOrDip? $BTC

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#ETH_ETFs_Trading_Today What is an Ethereum ETF? An Ethereum exchange-traded fund (ETF) is a financial instrument designed to offer exposure to ETH, the native asset of the Ethereum blockchain network. Similar to a bitcoin ETF, an Ethereum ETF enables investors to benefit (or lose) based on changes in the underlying market without actually buying the digital asset itself. Crypto ETFs are often positioned as a means for traditional investors to access the digital asset market but avoiding some of the inherent volatility, security and technical challenges. What is the difference between ETH? What is the difference between the digital asset ETH and an Ethereum ETF? Differences include the following: Ownership: Unlike a typical digital asset investor who holds their crypto in a wallet address, ETF investors own shares in the related fund. That fund may either hold spot digital assets or derivatives tied to that asset.Fees: Like other investment funds, an Ethereum ETF will be charged some form of management fee. By contrast, an ETH holder only pays a fee — also known as “gas” when conducting a transaction on the Ethereum network.Trading: Ethereum ETFs are subject to the same trading day restrictions as other investment products. That means Monday thru Friday, instead of the 24/7 cycle typically experienced in the crypto market. Today, there is one type of Ethereum ETF available in the US market. This is the Ethereum futures ETF, which offers financial exposure to ETH futures. The first of these products were listed in the US in October 2023. Other companies are trying to create and launch spot Ethereum ETFs as part of a broader push for mainstream adoption. These include Grayscale Investments, a US-based asset management firm. To date, the SEC has not granted approval to a spot Ethereum ETF. #ETH_ETFs_Trading_Today #Bitcoin_Coneference_2024 $ETH $BANANA

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