Binance Square
BitcoinTakeOver
38,179 views
70 Posts
Hot
Latest
LIVE
LIVE
Bitcoin news update
--
Bullish
Beginners Must know! Bitcoin's volatility is a combination of its unique properties, market dynamics, speculative trading, and external factors. While volatility presents opportunities for profit, it also increases risk and can deter mainstream adoption as a reliable medium of exchange or store of value. Limited supply Market perception Speculation Liquidity Market manipulation Technological factors Macro-economic Factors #Write2Earn #BitcoinTakeOver #begginermistake
Beginners Must know!

Bitcoin's volatility is a combination of its unique properties, market dynamics, speculative trading, and external factors. While volatility presents opportunities for profit, it also increases risk and can deter mainstream adoption as a reliable medium of exchange or store of value.

Limited supply
Market perception
Speculation
Liquidity
Market manipulation
Technological factors
Macro-economic Factors

#Write2Earn
#BitcoinTakeOver
#begginermistake
Yes
80%
No
20%
5 votes • Voting closed
@Hani_crypto Follow 💵🤑🪙✅💵🤑🪙✅💵🤑🪙✅ There is currently 900 new bitcoin mined per day after the halving it will be 450 per day people focus on the number of bitcoin here but I like to focus on the $ amount 900 bitcoin per day x 50k is $45 million. Hypothetically if miners sold all their bitcoin each day you need $45 million per day to keep the price the same after the halving you need $22.5 million per day to keep the price the same this dollar amount changes as the price changes. So when bitcoin hits 100k then it will be $45 million per day again to keep the price the same we're already supporting $45 million per day now, so 100k after the halving should not be a surprise to anyone. #Bitcoin  #TrendingTopic #BitcoinTakeOver   #BullRun 🐂  #Write2Earn
@Hani_crypto
Follow
💵🤑🪙✅💵🤑🪙✅💵🤑🪙✅
There is currently 900 new bitcoin mined per day after the halving it will be 450 per day

people focus on the number of bitcoin here but I like to focus on the $ amount

900 bitcoin per day x 50k is $45 million.
Hypothetically if miners sold all their bitcoin each day you need $45 million per day to keep the price the same

after the halving you need $22.5 million per day to keep the price the same

this dollar amount changes as the price changes. So when bitcoin hits 100k then it will be $45 million per day again to keep the price the same

we're already supporting $45 million per day now, so 100k after the halving should not be a surprise to anyone.

#Bitcoin  #TrendingTopic #BitcoinTakeOver   #BullRun 🐂  #Write2Earn
LIVE
--
Bearish
🛑 Yesterday, Justin Sun withdrew 519 BTC ($24.85M) from #Binance before the price of #BTC increased.Over the past 2 months, Justin Sun has withdrawn a total of 1,677 BTC ($75M) from Binance, with an average price of $44,741.🌐 #Write2Earn #TrendingTopic #BitcoinTakeOver #BinancaEarn $BTC
🛑 Yesterday, Justin Sun withdrew 519 BTC ($24.85M) from #Binance before the price of #BTC increased.Over the past 2 months, Justin Sun has withdrawn a total of 1,677 BTC ($75M) from Binance, with an average price of $44,741.🌐

#Write2Earn #TrendingTopic #BitcoinTakeOver #BinancaEarn

$BTC
🔰 Bitcoin Stands Strong Against US Inflation Data! However, Analysts Warned Investors About the Drop Before Halving! 🔰 ⭕ Bitcoin, which exceeded $ 50,000 on Monday with the rise that started last week, experienced a moderate decline after the US inflation data announced yesterday. ➡ BTC, which fell to $ 48,300 in this decline, recovered again and rose to $ 49,000. While Bitcoin showed impressive resistance despite inflation being above expectations, inflation above expectations reduced expectations for an early interest rate cut. At this point, analysts evaluated its strong stance against US inflation data. 📛 “Bitcoin showed impressive resilience despite the overnight deterioration in risk sentiment and did not fall much. However, my analysis based on some technical indicators on the Bitcoin chart points to the possibility of a temporary drop to $30,000 levels. So there is a possibility that Bitcoin will correct 10% from current levels and fall below $40,000.” Apart from Tony Sycamore, Caroline Mauron, co-founder of Orbit Markets, also evaluated the current situation of BTC. Stating that this strength in Bitcoin was supported by ETF approvals, stable ETF entries and the halving event in April, Mauron underlined that the halving event, which will reduce the Bitcoin supply, has historically been an important catalyst for the rise in prices. ↗↗✔ #Write2Earn #TrendingTopic. #BitcoinTakeOver #BTCAlert $BTC
🔰 Bitcoin Stands Strong Against US Inflation Data! However, Analysts Warned Investors About the Drop Before Halving! 🔰

⭕ Bitcoin, which exceeded $ 50,000 on Monday with the rise that started last week, experienced a moderate decline after the US inflation data announced yesterday.

➡ BTC, which fell to $ 48,300 in this decline, recovered again and rose to $ 49,000.

While Bitcoin showed impressive resistance despite inflation being above expectations, inflation above expectations reduced expectations for an early interest rate cut.

At this point, analysts evaluated its strong stance against US inflation data. 📛

“Bitcoin showed impressive resilience despite the overnight deterioration in risk sentiment and did not fall much.

However, my analysis based on some technical indicators on the Bitcoin chart points to the possibility of a temporary drop to $30,000 levels.

So there is a possibility that Bitcoin will correct 10% from current levels and fall below $40,000.”

Apart from Tony Sycamore, Caroline Mauron, co-founder of Orbit Markets, also evaluated the current situation of BTC.

Stating that this strength in Bitcoin was supported by ETF approvals, stable ETF entries and the halving event in April, Mauron underlined that the halving event, which will reduce the Bitcoin supply, has historically been an important catalyst for the rise in prices. ↗↗✔

#Write2Earn #TrendingTopic. #BitcoinTakeOver #BTCAlert
$BTC
See original
#TrendingTopic 🆕 BITCOIN IS LISTED IN THE TOP 10 MARKETCAP ASSETS 🆕 ( All assets, including public companies, precious metals, cryptocurrencies & ETFs ) It seems that the value of Bitcoin is increasing… 📌 - BTC has gained +13.5% last week and is the best weekly performance since October. 📌 - BTC closed the week at $48,300, the highest weekly close since 2021. 📌 The recent increase in#BTCmarketcap has catapulted it into the Top 10 most valuable assets in the world. 📌 Interesting fact for coinner : BTC only needs to reach $61,000 to overcome the market cap of Facebook + Silver and jump to the Top 8 place. #Write2Earn #BitcoinTakeOver #BitcoinReality #BitcoinRealityCheck
#TrendingTopic

🆕 BITCOIN IS LISTED IN THE TOP 10 MARKETCAP ASSETS 🆕
( All assets, including public companies, precious metals, cryptocurrencies & ETFs )

It seems that the value of Bitcoin is increasing…

📌 - BTC has gained +13.5% last week and is the best weekly performance since October.

📌 - BTC closed the week at $48,300, the highest weekly close since 2021.

📌 The recent increase in#BTCmarketcap has catapulted it into the Top 10 most valuable assets in the world.

📌 Interesting fact for coinner : BTC only needs to reach $61,000 to overcome the market cap of Facebook + Silver and jump to the Top 8 place.

#Write2Earn
#BitcoinTakeOver
#BitcoinReality
#BitcoinRealityCheck
Balaji Launches Web3 Fund After Failed BTC Predictions BY GABRIEL MAEL PUBLISHED ON - FEBRUARY 10, 2024 06:09 UPDATED ON - FEBRUARY 10, 2024 07:02 1 MINUTE READ Balaji Launches Web3 Fund After Failed BTC Predictions According to a report, Crypto enthusiast and former Coinbase CTO, Balaji Srinivasan, is launching “The Balaji Fund” which will focus on “crypto and web3″,” AI and frontier technologies. This is also a departure from his previous position where he forecasted hyperinflation and Bitcoin reaching a million dollars within 90 days (for which he was proven to be wrong). The fund has a minimum $100,000 investment and the focus is towards accredited investors. Nevertheless, the position of Srinivasan is called into question by his previous position. In spring of 2023, he forecast hyperinflation and Bitcoin prices that will climb to a million dollars. The forecast fell apart when it didn’t materialize. #Write2Earn #TrendingTopic #sanor016CommUNITY #sanor016CommUNI@sanor016 #BitcoinTakeOver
Balaji Launches Web3 Fund After Failed BTC Predictions
BY
GABRIEL MAEL
PUBLISHED ON - FEBRUARY 10, 2024 06:09
UPDATED ON - FEBRUARY 10, 2024 07:02
1 MINUTE READ
Balaji Launches Web3 Fund After Failed BTC Predictions
According to a report, Crypto enthusiast and former Coinbase CTO, Balaji Srinivasan, is launching “The Balaji Fund” which will focus on “crypto and web3″,” AI and frontier technologies. This is also a departure from his previous position where he forecasted hyperinflation and Bitcoin reaching a million dollars within 90 days (for which he was proven to be wrong).

The fund has a minimum $100,000 investment and the focus is towards accredited investors. Nevertheless, the position of Srinivasan is called into question by his previous position. In spring of 2023, he forecast hyperinflation and Bitcoin prices that will climb to a million dollars. The forecast fell apart when it didn’t materialize.

#Write2Earn #TrendingTopic #sanor016CommUNITY #sanor016CommUNI@sanor016 #BitcoinTakeOver
🔵 Bitcoin (BTC) Price to $600,000: Tuur Demeester Shares Uber-Bullish Forecast 👉🏻💲 Bitcoin (BTC) Price to $600,000: Tuur Demeester Shares Uber-Bullish Forecast Table of Contents Crypto News Bitcoin (BTC) Price to $600,000: Tuur Demeester Shares Uber-Bullish Forecast  ADDY  BTC  STRK  ADMC  CEO  By U_Today 7m ago • 2 mins read  Table of Contents $200-$600K by 2026: Bitcoin (BTC) price targets by Tuur Demeester Two BTC price peaks instead of one? Cover image via U.Today Legendary Bitcoiner, macro economist and investor Tuur Demeester, an editor-in-chief of Adamant Research, indicated some details of the upcoming bull market. Here's why it will be different from 2021 rally. $200-$600K by 2026: Bitcoin (BTC) price targets by Tuur Demeester By the year of 2026, the price of Bitcoin (BTC), the largest cryptocurrency, might reach levels between $200,000 and $600,000 per coin. This unbelievable 4-12x rally will be fueled by trillions in cash from various bailouts and stimulus programs.💲 #Write2Earn #BTC #TrendingTopic #BitcoinTakeOver $BTC
🔵 Bitcoin (BTC) Price to $600,000: Tuur Demeester Shares Uber-Bullish Forecast

👉🏻💲 Bitcoin (BTC) Price to $600,000: Tuur Demeester Shares Uber-Bullish Forecast

Table of Contents

Crypto News

Bitcoin (BTC) Price to $600,000: Tuur Demeester Shares Uber-Bullish Forecast



ADDY



BTC



STRK



ADMC



CEO



By U_Today

7m ago



2 mins read



Table of Contents

$200-$600K by 2026: Bitcoin (BTC) price targets by Tuur Demeester

Two BTC price peaks instead of one?

Cover image via U.Today

Legendary Bitcoiner, macro economist and investor Tuur Demeester, an editor-in-chief of Adamant Research, indicated some details of the upcoming bull market. Here's why it will be different from 2021 rally.

$200-$600K by 2026: Bitcoin (BTC) price targets by Tuur Demeester

By the year of 2026, the price of Bitcoin (BTC), the largest cryptocurrency, might reach levels between $200,000 and $600,000 per coin. This unbelievable 4-12x rally will be fueled by trillions in cash from various bailouts and stimulus programs.💲

#Write2Earn #BTC #TrendingTopic #BitcoinTakeOver
$BTC
$BTC #BitcoinTakeOver #sol #Ethereum(ETH) #worldmarket #HappyEarning Your Gateway to the World m In this rapidly evolving digital world, cryptocurrencies have taken the center stage, revolutionizing the way we transact and invest. Binance has emerged as a trusted and leading platform. Today, let's dive into the Binance crypto website and discover how it can empower you in the exciting world of cryptocurrencies. 1. A Secure and Reliable Platform: Binance prioritizes user security, employing okstate-of-the-art technology to safeguard your funds and personal information. With multi-factor authentication, encrypted communication, and withdrawal whitelist, Binance ensures a safe trading experience. 2. Wide Range of Cryptocurrencies: Binance offers an extensive selection of cryptocurrencies for trading and investing. From the well-known Bitcoin and Ethereum to the trending altcoins, you can explore a vast market of digital assets on the platform. 3. Intuitive User Interface: Binance provides a user-friendly interface, making it easy for newcomers and experienced traders to navigate the cryptocurrency market. The intuitive design allows you to place trades, view charts, and manage your portfolio effortlessly. 4. Educational Resources and Market Insights: Binance is committed to educating its users about cryptocurrencies. Explore the Binance Academy for comprehensive guides, tutorials, and educational articles to enhance your knowledge and understanding. 5. Innovative Features: Binance offers various advanced trading features, such as spot and futures trading. Engage in spot trading to buy and sell cryptocurrencies at the current market price or venture into futures trading for speculative positions on price movements. 6. Community and Support: Join a vibrant community of cryptocurrency enthusiasts on Binance. Engage in discussions, share ideas, and stay updated with the latest trends. Binance also provides 24/7 customer support to ensure a seamless trading experience. Happy trading and welcome to the world of cryptocurrency.
$BTC #BitcoinTakeOver #sol #Ethereum(ETH) #worldmarket #HappyEarning

Your Gateway to the World m
In this rapidly evolving digital world, cryptocurrencies have taken the center stage, revolutionizing the way we transact and invest. Binance has emerged as a trusted and leading platform. Today, let's dive into the Binance crypto website and discover how it can empower you in the exciting world of cryptocurrencies.

1. A Secure and Reliable Platform:

Binance prioritizes user security, employing okstate-of-the-art technology to safeguard your funds and personal information. With multi-factor authentication, encrypted communication, and withdrawal whitelist, Binance ensures a safe trading experience.

2. Wide Range of Cryptocurrencies:

Binance offers an extensive selection of cryptocurrencies for trading and investing. From the well-known Bitcoin and Ethereum to the trending altcoins, you can explore a vast market of digital assets on the platform.

3. Intuitive User Interface:

Binance provides a user-friendly interface, making it easy for newcomers and experienced traders to navigate the cryptocurrency market. The intuitive design allows you to place trades, view charts, and manage your portfolio effortlessly.

4. Educational Resources and Market Insights:

Binance is committed to educating its users about cryptocurrencies. Explore the Binance Academy for comprehensive guides, tutorials, and educational articles to enhance your knowledge and understanding.

5. Innovative Features:

Binance offers various advanced trading features, such as spot and futures trading. Engage in spot trading to buy and sell cryptocurrencies at the current market price or venture into futures trading for speculative positions on price movements.

6. Community and Support:

Join a vibrant community of cryptocurrency enthusiasts on Binance. Engage in discussions, share ideas, and stay updated with the latest trends. Binance also provides 24/7 customer support to ensure a seamless trading experience.

Happy trading and welcome to the world of cryptocurrency.
Back in 2020, there was a DeFi summer right after the Bitcoin Halving that pumped TOTAL 2 (crypto market cap excluding Bitcoin) to the absolute moon If the history repeats itself, there will be 1-2 month of a relatively boring market and a massive explosion starting from April and up to August 2024 Hope the market will gift us such opportunities 🤞 what coin do you think will trigger the Bitcoin parabolic bull run .#Write2Earn #TrendingTopic #BitcoinTakeOver $BTC
Back in 2020, there was a DeFi summer right after the Bitcoin Halving that pumped TOTAL 2 (crypto market cap excluding Bitcoin) to the absolute moon

If the history repeats itself, there will be 1-2 month of a relatively boring market and a massive explosion starting from April and up to August 2024

Hope the market will gift us such opportunities 🤞

what coin do you think will trigger the Bitcoin parabolic bull run .#Write2Earn #TrendingTopic #BitcoinTakeOver $BTC
Sol
60%
Ai coin
40%
Defi coin
0%
5 votes • Voting closed
I think Auction coin is very profit able coin so now market Down action coin so very grateful chance to buy action coin and make too much profit . like and Fellow for more. #acc #BitcoinTakeOver #TrendingTopic
I think Auction coin is very profit able coin so now market Down action coin so very grateful chance to buy action coin and make too much profit . like and Fellow for more.
#acc
#BitcoinTakeOver
#TrendingTopic
• Bitcoin re-enters the $50K level for the first time after losing it in 2021. • Analysts have spotted bearish signals amid the market's bullish frenzy. • BTC's current price is reportedly not an ideal entry, targeting $45,500. In the last 24 hours, Bitcoin (BTC) hit a significant milestone for the crypto market, reclaiming the $50,000 mark. This return to the $50K level marks the first instance of BTC re- entering the range after losing it in 2021. Moreover, the surge represents a noteworthy recovery from its recent low point of approximately $38,700 recorded last month. Expectedly, Bitcoin's trajectory has bolstered the broader crypto market, with other prominent projects like Solana (SOL) and Ethereum (ETH) registering notable 9.4% an 7.62% weekly gains at press time, respectively. Meanwhile, analysts have spotted bearish signals amid the Bitcoin-led bullish frenzy rocking the market. Woominkyu, a verified author and community manager at the on- chain analytics platform CryptoQuant, recently highlighted the potential direction of the market. Woominkyu pointed out that the Spend Output Profit Ratio (SOPR) on the 30-day moving average for Bitcoin is above one. Per the disclosure, the metric indicates that BTC holders are predominantly profitable. According to the analyst, these holders, dubbed "Smart Money," are not overlooking recent gains. Specifically, Woominkyu argued that the SOPR metric suggests these BTC holders are opting to realize their gains by selling, essentially taking profits. #BitcoinTakeOver
• Bitcoin re-enters the $50K level for the first time after losing it in 2021.

• Analysts have spotted bearish signals amid the market's bullish frenzy.

• BTC's current price is reportedly not an ideal entry, targeting $45,500.

In the last 24 hours, Bitcoin (BTC) hit a significant milestone for the crypto market, reclaiming the $50,000 mark. This return to the $50K level marks the first instance of BTC re- entering the range after losing it in 2021.

Moreover, the surge represents a noteworthy recovery from its recent low point of approximately $38,700 recorded last month. Expectedly, Bitcoin's trajectory has bolstered the broader crypto market, with other prominent projects like Solana (SOL) and Ethereum (ETH) registering notable 9.4% an 7.62% weekly gains at press time, respectively.
Meanwhile, analysts have spotted bearish signals amid the Bitcoin-led bullish frenzy rocking the market. Woominkyu, a verified author and community manager at the on- chain analytics platform CryptoQuant, recently highlighted the potential direction of the market.

Woominkyu pointed out that the Spend Output Profit Ratio (SOPR) on the 30-day moving average for Bitcoin is above one. Per the disclosure, the metric indicates that BTC holders are predominantly profitable.

According to the analyst, these holders, dubbed "Smart Money," are not overlooking recent gains. Specifically, Woominkyu argued that the SOPR metric suggests these BTC holders are opting to realize their gains by selling, essentially taking profits.
#BitcoinTakeOver
Btc continuously pumping from that 39k. Now 50k. And there is a Hughes reason for giving the pump. 39k to 50k did not take any good correction. Now Need to take a little correction. Because continuously pumping without taking correction is not a good sign for market. Already generated huge liquidity,ob,imbalance below. Today or tomorrow btc will go down to get these. 👉 Huge long and short opened from 50k so I think long and short both are risky at this time. If btc takes a small correction like 48k and if it sustains there then we can see btc at 52-53k. 👉 Btc movement looks great. Sustaining in one place with pump. This is very good for alts. When btc stabilizes with correction we can see a pump in alts. Now observe the market. Wait for good time. 👉 BTC started facing resistance near the $50,000.The price is expected to retest back into some sort of support zone around $48,500 and lower. Looking at the Daily TF, the price is already at a resistance point, so wait for a healthy or little correction. 🟢 Market Plan : If btc sustain 49400$ - 50300$ area then we can take long and next target 52k. or not sustain this area then wait for little correction like 47500$ - 48500$ area.🚫 CPI Data Today, High Volatility Ahead⚠️ 🗣️ Remember 2 lines:1: Don't short the market, when you know it's bull market or bull run is coming....!!2: Never Short Altscoin. 👉 Be patience bros.Now observe the market. wait for good opportunity. Don’t take any position right now.Understand market sentiment then trade #Write2Earn #TrendingTopic #BTC #BitcoinTakeOver $BTC
Btc continuously pumping from that 39k. Now 50k. And there is a Hughes reason for giving the pump. 39k to 50k did not take any good correction. Now Need to take a little correction. Because continuously pumping without taking correction is not a good sign for market. Already generated huge liquidity,ob,imbalance below. Today or tomorrow btc will go down to get these.

👉 Huge long and short opened from 50k so I think long and short both are risky at this time. If btc takes a small correction like 48k and if it sustains there then we can see btc at 52-53k.

👉 Btc movement looks great. Sustaining in one place with pump. This is very good for alts. When btc stabilizes with correction we can see a pump in alts. Now observe the market. Wait for good time.

👉 BTC started facing resistance near the $50,000.The price is expected to retest back into some sort of support zone around $48,500 and lower. Looking at the Daily TF, the price is already at a resistance point, so wait for a healthy or little correction.

🟢 Market Plan : If btc sustain 49400$ - 50300$ area then we can take long and next target 52k. or not sustain this area then wait for little correction like 47500$ - 48500$ area.🚫 CPI Data Today, High Volatility Ahead⚠️

🗣️ Remember 2 lines:1: Don't short the market, when you know it's bull market or bull run is coming....!!2: Never Short Altscoin.

👉 Be patience bros.Now observe the market. wait for good opportunity. Don’t take any position right now.Understand market sentiment then trade
#Write2Earn #TrendingTopic #BTC #BitcoinTakeOver
$BTC
🛑BTC UPDATE🛑 The Real-time BTC to USD price update shows the current Bitcoin price as $51,231.6 USD. According to our Bitcoin price prediction, BTC price is expected to have a -1.46% decrease and drop as low as by February 15, 2024. My analysis of the technical indicators suggests that the current market feeling is Bullish Bearish 21%, with a Fear & Greed Index score of 79 (Extreme Greed). Over the last 30 days, Bitcoin has had 19/30 (63%) green days and 5.16% price volatility. What Will You Say About This, #BTC #BitcoinTakeOver #Write2Earn #TrendingTopic
🛑BTC UPDATE🛑
The Real-time BTC to USD price update shows the current Bitcoin price as $51,231.6 USD.

According to our Bitcoin price prediction, BTC price is expected to have a -1.46% decrease and drop as low as by February 15, 2024.

My analysis of the technical indicators suggests that the current market feeling is Bullish Bearish 21%, with a Fear & Greed Index score of 79 (Extreme Greed).

Over the last 30 days, Bitcoin has had 19/30 (63%) green days and 5.16% price volatility.

What Will You Say About This,

#BTC #BitcoinTakeOver #Write2Earn #TrendingTopic
(follow) BITCOIN IS ILLEGAL, IN THESE COUNTRIES:Bitcoin's legality is a contentious issue globally due to concerns over its decentralized nature and potential for misuse in illegal activities. 🇩🇿 Algeria: Bans all aspects of Bitcoin since 2018 due to concerns over volatility and potential for misuse.🇧🇴 Bolivia: Completely banned Bitcoin since 2014, citing the need for control over currencies.🇨🇴 Colombia: Prohibits financial institutions from dealing with Bitcoin since 2014.🇪🇬 Egypt: Declared Bitcoin transactions "haram" in 2018, tightening banking laws to curb cryptocurrency usage.🇮🇷 Iran: Utilizes Bitcoin mining to bypass economic sanctions, despite restrictions on foreign-mined cryptocurrencies.🇮🇳 India: Plans to introduce a bill banning most cryptocurrencies while proposing a government-backed digital currency.🇮🇶 Iraq: Strongly opposes cryptocurrency usage, with the Central Bank prohibiting their use since 2017.🇽🇰 Kosovo: Banned cryptocurrency mining to address energy crisis in early 2022.🇳🇵 Nepal: Illegalizes Bitcoin since 2017, according to Nepal Rastra Bank.🇲🇰 North Macedonia: The only European country with a law against cryptocurrencies.🇹🇷 Turkey: Witnessed a surge in cryptocurrency adoption amid economic instability, leading to swift regulations.🇻🇳 Vietnam: Prohibits issuance, sale, and use of Bitcoin, punishable by fines.🇰🇪 In Kenya, cryptocurrency is legal with no specific laws or regulations prohibiting its use or possession. However, it is not recognized as legal tender or an asset. These countries have implemented various measures to curb Bitcoin usage, reflecting the ongoing debate surrounding its legality and potential implications for financial systems worldwide. #Write2Earn #BinanceSqaure #BitcoinTakeOver
(follow)
BITCOIN IS ILLEGAL, IN THESE COUNTRIES:Bitcoin's legality is a contentious issue globally due to concerns over its decentralized nature and potential for misuse in illegal activities. 🇩🇿 Algeria: Bans all aspects of Bitcoin since 2018 due to concerns over volatility and potential for misuse.🇧🇴 Bolivia: Completely banned Bitcoin since 2014, citing the need for control over currencies.🇨🇴 Colombia: Prohibits financial institutions from dealing with Bitcoin since 2014.🇪🇬 Egypt: Declared Bitcoin transactions "haram" in 2018, tightening banking laws to curb cryptocurrency usage.🇮🇷 Iran: Utilizes Bitcoin mining to bypass economic sanctions, despite restrictions on foreign-mined cryptocurrencies.🇮🇳 India: Plans to introduce a bill banning most cryptocurrencies while proposing a government-backed digital currency.🇮🇶 Iraq: Strongly opposes cryptocurrency usage, with the Central Bank prohibiting their use since 2017.🇽🇰 Kosovo: Banned cryptocurrency mining to address energy crisis in early 2022.🇳🇵 Nepal: Illegalizes Bitcoin since 2017, according to Nepal Rastra Bank.🇲🇰 North Macedonia: The only European country with a law against cryptocurrencies.🇹🇷 Turkey: Witnessed a surge in cryptocurrency adoption amid economic instability, leading to swift regulations.🇻🇳 Vietnam: Prohibits issuance, sale, and use of Bitcoin, punishable by fines.🇰🇪 In Kenya, cryptocurrency is legal with no specific laws or regulations prohibiting its use or possession. However, it is not recognized as legal tender or an asset. These countries have implemented various measures to curb Bitcoin usage, reflecting the ongoing debate surrounding its legality and potential implications for financial systems worldwide.
#Write2Earn #BinanceSqaure #BitcoinTakeOver
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number