#ETFvsBTC: Win up to 500 FDUSD by sharing your insights!
Step into the #ETFvsBTC campaign and you could win up to 500 FDUSD! 🚀 Share your insights into the comparison between Bitcoin ETFs and direct Bitcoin purchases. Evaluate the pros and cons of each option, and provide valuable insights that could help guide new users!
Campaign Period: 2024-05-10 00:00 to 2024-05-15 23:59 (UTC) To Participate: Use the hashtag #ETFvsBTC when sharing your insights on Binance Square regarding the advantages and drawbacks of investing in Bitcoin ETFs versus directly purchasing BTC. Ensure your post has a minimum length of 600 words. Guidelines: Make certain your shared content is original, filled with insightful information, and based on real incidents. Posts with high engagement lacking original content may be disqualified. Winner Selection: Five posts generating the most interaction will each be rewarded with 100 FDUSD.
Terms and Conditions: This campaign may not be available in your region.Submissions will be evaluated by a panel from the Binance Square team, based on topic relevance, formatting, research quality, factual sourcing, and originality. Content must also align with Campaign Rules.Posts that attempt to boost engagement by exploiting Red Packets and giveaways will be disqualified.The content needs to be posted in Binance Square organically to qualify for the reward.Winners of the week will be notified within 14 days via a push notification under Creator Center > Square Assistant. Entries by Media & Project partners will not be considered for this campaign.The FDUSD token voucher rewards will be distributed within 30 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this announcement and the original English version, the English version of this announcement shall prevail.Additional promotion terms and conditions can be accessed here.
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With the cryptocurrency markets still in an uncertain position, many crypto investors are wondering if it’s time to sell in order to avoid further losses or if the market is going to recover soon.
We’ve analyzed 200 of the top cryptocurrencies based on their liquidity and availability, technology, sector leadership, tokenomics and more key factors. You can read more about our criteria a bit further down in the article.
By doing so, we’ve narrowed the list down to 12 cryptocurrencies that present the most compelling opportunities at the moment. The top three coins on our list are updated weekly to reflect the most up-to-date developments in the crypto and blockchain sector. Here's our roundup of the best cryptocurrency to invest in 2023:
Dogecoin New Addresses Soar 1100%, DOGE Price To Hit $0.1? Dogecoin's new addresses soared 1100%, sparking optimism for a potential DOGE price rally to the significant milestone of $0.1.
DOGE Price Amid Rising Popularity The market analysts and enthusiasts alike are keeping a keen eye on Dogecoin’s trajectory, with many anticipating a significant milestone of $0.1. Notably, the positive outlook from analyst Ali Martinez has added fuel to this speculation, sparking curiosity and interest among investors.
For context, Tesla CEO and X owner Elon Musk, who has previously promoted Dogecoin, announced a new “Payments” account through his company X, generating discussions about its potential influence on DOGE’s performance.
In addition, Dallas Mavericks owner Mark Cuban confirmed that the NBA team continues to embrace Dogecoin as a payment method. This confirmation reaffirms the integration that dates back to March 2021 when BitPay allowed Dogecoin payments for merchants and consumers. The early adoption of Dogecoin by the Dallas Mavericks exemplifies the growing acceptance of cryptocurrencies in mainstream sports partnerships.
Bitcoin is bouncing back and is on track to have its fifth month in a row of gains, despite the impact of ETFs. The digital asset industry saw a boost as Bitcoin reclaimed the $43k price mark. The total value of all cryptocurrencies also went up by more than 2% in the past day, reaching $1.66 trillion. However, before this increase, Bitcoin's price dropped to $38k.
During the recent market dip, big Bitcoin investors showed confidence by buying more BTC. The number of entities holding 1,000 BTC or more rose by about 4.50% in just two weeks, with around 67 new entities joining. This trend suggests that Bitcoin could achieve a fifth consecutive month of gains, which would be its longest winning streak since the pandemic rally. In January alone, Bitcoin's price has risen by approximately 3%. This positive momentum can be attributed to the launch of the first US exchange-traded funds (ETFs) for Bitcoin, as well as changing views on monetary policies.
If Bitcoin manages to have five straight months of gains, it would surpass its previous record of six months from October 2020 to March 2021. Bitcoin reached its highest value ever, nearly $69,000, in November 2021.
The impact of ETFs has played a big role in recent market changes. The introduction of spot ETFs by major players like BlackRock Inc. and Fidelity Investments sparked anticipation for more investors to join in, leading to a 160% increase in Bitcoin's price over the past year. However, after these funds went live, Bitcoin experienced a 21% decline over a span of 12 days.
The conversion of the $21 billion Grayscale Bitcoin Trust (GBTC) into an ETF on January 11 also affected the market. Initially, investors withdrew funds from the trust after the conversion, but now the rate of withdrawals has slowed down, which has helped Bitcoin's recovery.
This decrease in outflows from the Grayscale fund is seen as a positive development, boosting market confidence. The ten ETFs launched so far have attracted a net investment of $1 billion. #Write2Earn#sui#ALT#Blur#BTC$BTC $XRP $ETH
The price of XRP has gone up to more than $0.53, but there is concern because Ripple has sold off 46 million XRP tokens. This has made the XRP community worried about a possible drop in price. Recently, Ripple made a large transfer of 46 million XRP tokens, worth around $24.74 million, to an undisclosed wallet. This has caused shockwaves in the community, as people fear it could lead to a big sell-off and lower the price of XRP. In addition, another major transaction involving the transfer of 27.10 million XRP tokens, worth $14.57 million, to Bitstamp, a crypto exchange, has also been reported. This has increased concerns among XRP holders, especially because the price of XRP has just recovered.#Write2Earn