Binance Supports Renzo ProjectBinance Labs, a part of Binance that helps new projects, has put money into Renzo. Renzo is a special kind of technology for Ethereum called a liquid restaking protocol. It uses EigenLayer technology. Binance Labs gave Renzo some money, but we don't know exactly how much. This comes after Renzo got $3.2 million from other investors, making the whole company worth $25 million. Lucas Kozinski, one of the people who started Renzo, said that Binance Labs' investment is kind of like the earlier money they got, which included both ownership and a type of token.Renzo is now Binance Labs' second big project connected to restaking on Ethereum. Renzo works using smart contracts on Ethereum. It helps people who want to stake, the folks running the computers (called nodes), and some special services all work together.‍Big Investment in EigenLayer by A16zAnother big company, Andreessen Horowitz (often called a16z), put a lot of money into EigenLayer. They gave $100 million to EigenLayer. In this case, a16z was the only company giving money, according to a news report. Before this, EigenLayer had already gotten $50 million in March, led by Blockchain Capital. EigenLayer started in 2021 and has become the top restaking protocol on Ethereum when you look at the total value of things locked up in it (TVL).EigenLayer helps people who check and validate transactions (called validators) and those who want to stake. They deal with tokens like Lido Staked ETH and RocketPool’s rETH. These tokens make networks stronger and safer. People can also use these tokens in different finance projects that don't need a central authority (like banks), giving them a chance to make more money.EigenLayer is now the third-biggest protocol on Ethereum, with a total value locked of $7.806 billion. 👉 Complete 👈📢 Disclaimer: This content is not a paid advertisement and is not intended to persuade or encourage investment. Please conduct thorough research and make informed decisions based on your own analysis before considering any investment opportunities.#TrendingTopic #MarkBTC #SnEmroz

🌟 Discovering Portal (PORTAL)  Meet Portal, the revolutionary gaming platform introducing players to web3 games effortlessly. With a focus on simplifying blockchain gaming, Portal collaborates with leading platforms like Solana, Polygon, Avalanche, and Klaytn. Upon launch, players can access a treasure trove of over 200 captivating games through Portal's interface.💰 Profit or Loss: Your Journey with Portal  Portal's all-time high touched an impressive $4.30, prompting reflections on whether you're currently swimming in profits or facing losses. If you've been part of the PORTAL journey, it's time to evaluate your position.💸 Earning PORTAL Tokens on Binance Launchpool  From February 22 to February 28, users had the opportunity to earn PORTAL tokens by staking BNB or FDUSD on Binance Launchpool. With the chance to withdraw staked coins at any time while retaining your PORTAL rewards, participants had the potential to benefit from 5% of the total PORTAL token supply, equating to 50 million tokens out of 1 billion.📈 Trading and Listing Insights  PORTAL is now tradable against BTC, USDT, BNB, FDUSD, and TRY on Binance. Notably, Binance has marked PORTAL with a "Seed Tag," indicating its early development stage. Projects with this tag may exhibit higher volatility and risk compared to other listed cryptocurrencies.🚀🔍 Join the Conversation  We invite you to share your experience with Portal (PORTAL) — are you currently relishing profits or navigating through losses? Engage with the community and let's delve into the fascinating world of crypto gaming together! 👉 Complete 👈📢 Disclaimer: This content is not a paid advertisement and is not intended to persuade or encourage investment. Please conduct thorough research and make informed decisions based on your own analysis before considering any investment opportunities.🎮💎 #Portalcoin #TrendingTopic #Portal #MarkBTC #SnEmroz 💎🎮$PORTAL

StarkNet, which was extremely popular in 2024, was recently added to many top cryptocurrency exchanges.➬ However, after being listed, the value of the #STRK token dropped by 77% from its highest price on Binance.What is StarkNet?➬ #StarkNet is a type of decentralized Layer 2 (L2) validity rollup that doesn't need permission to operate. It uses cryptographic protocols called STARKs to help Ethereum grow without giving up its key values like being decentralized, transparent, inclusive, and secure.Why did the value drop?➬ Some say that the price fell because a company working on Ethereum called Nethermind and people who received free tokens (airdrop farmers) sold large amounts of the token.Network Activity➬ Within a week, the number of users dropped by 90%.➬ From 226,000 users, it went down to 25,000 users by February 20, 2024.➬ Average Fees: 0.55➬ TPS (Transactions Per Second): 14.66, Highest TPS: 43Token Statistics➬ When StarkNet was first listed on #Binance, its estimated value was $77 billion at the most, but now it's around $18.5 billion.➬ Market Cap: $1,346,790,833➬ 7.28% of all tokens are currently in circulation.How much you had loos write on the comment section. 👉 Complete 👈📢 Disclaimer: This content is not a paid advertisement and is not intended to persuade or encourage investment. Please conduct thorough research and make informed decisions based on your own analysis before considering any investment opportunities.#Write2Earn #strk #TrendingTopic #MarkBTC #SnEmroz

In a historic move for the world's premier cryptocurrency, Bitcoin has shattered expectations by surpassing the monumental $1 trillion market capitalization mark. This recent surge marks a significant milestone in the digital asset's journey, solidifying its position as a formidable player in the financial markets.The surge in Bitcoin's market cap comes on the heels of a sustained period of bullish momentum, with the cryptocurrency defying previous price barriers and rallying to new all-time highs. Investors and enthusiasts alike have been closely monitoring Bitcoin's meteoric rise, with market dynamics and institutional interest playing key roles in propelling its value to unprecedented levels.This achievement underscores Bitcoin's enduring appeal as a store of value and a hedge against economic uncertainties, particularly in the current global landscape marked by inflationary pressures and geopolitical tensions. The digital gold narrative surrounding Bitcoin has gained traction, attracting both institutional investors seeking portfolio diversification and retail traders looking to capitalize on its potential for substantial returns.As Bitcoin continues to outperform traditional asset classes and make headlines with its market cap milestone, the cryptocurrency landscape is witnessing a paradigm shift towards the mainstream acceptance and adoption of digital currencies. The $1 trillion market cap achievement serves as a testament to Bitcoin's resilience, adaptability, and disruptive potential in reshaping the future of finance.While the cryptocurrency market remains volatile and subject to fluctuations, Bitcoin's ascent past the $1 trillion market cap threshold signals a maturing industry and a growing acceptance of digital assets as a legitimate investment avenue. As investors and analysts navigate the evolving landscape of cryptocurrencies, Bitcoin's remarkable journey to this historic milestone stands as a testament to the transformative power of blockchain technology and the disruptive force of decentralized finance on a global scale.$BTC #TrendingTopic #BTC‬ #MarkBTC #SnEmroz

Exciting news, folks! #Bitcoin has recently achieved new all-time highs (ATH) not only in one currency but across a range of major global currencies. Here's a breakdown of this remarkable milestone:- Euro (EUR): Bitcoin has hit a new ATH against the Euro, showing strong performance in the Eurozone.  - Japanese Yen (JPY): Bitcoin's value has soared to new heights when measured in Japanese Yen, reflecting its popularity in Japan.  - British Pound Sterling (GBP): Bitcoin has reached an all-time high against the British Pound, showcasing its strength in the UK market.  - Australian Dollar (AUD): Bitcoin has seen significant growth in value when compared to the Australian Dollar, attracting attention in Australia.  - Canadian Dollar (CAD): The Canadian Dollar has witnessed Bitcoin breaking new ATHs, highlighting its success in Canada.  - Chinese Yuan (CNY): Bitcoin's value surge against the Chinese Yuan underlines its impact in China's financial landscape.This remarkable feat continues across a range of currencies including the New Zealand Dollar, Swedish Krona, South Korean Won, Norwegian Krone, Indian Rupee, South African Rand, and Turkish Lira, showcasing Bitcoin's widespread acceptance and performance globally.These new ATHs reaffirm Bitcoin's position as a dominant player in the global financial market. The cryptocurrency's upward trajectory across these diverse currencies reflects its growing influence and adoption on an international scale. 🌐💰Join the celebration of Bitcoin's achievements! Are you feeling the excitement of Bitcoin's success around the world? 🔥 #TrendingTopic #BTC #MarkBTC #SnEmroz $BTC

Exciting developments from the cross-chain protocol Wormhole are here! They've unveiled more about the upcoming launch and airdrop for the W governance token. Users on Ethereum, Solana, and various other blockchains, including specific community projects, can jump in on the action. 🎉

Airdrop Highlights:
- Nearly 400,000 unique wallets fall under the “community and launch” category and are set to receive the airdrop.
- A whopping 617.3 million W tokens have been earmarked for these users.
- 500 million tokens will go to crypto users active on Wormhole applications across over 30 eligible chains.
- The rest of the tokens will be shared among users from different applications and crypto communities.

Eligibility Checker and Sneak Peek:
- Use the airdrop eligibility checker on
- airdrop.wormhole.com
to see if your wallet qualifies for the impending drop.
- The innovative W token is poised to be available as both a native Solana SPL20 token and an Ethereum ERC-20 token, spanning across Solana, Ethereum, Base, Arbitrum, and Optimism chains. 🔍💫

Exciting Inclusions:
- Dive into a plethora of 30+ chains encompassing Solana, Ethereum, Avalanche, Aptos, and other networks.
- Exciting apps like Solana's Backpack wallet, DeFi aggregator Jupiter, and NFT projects like Mad Lads, DeGods, and y00ts are part of the action.
- Early trading sees W token claims at $2.49 each, hinting at a massive airdrop value above $1.5 billion. 💰🌈

Prepare to embark on the Wormhole journey! Check your eligibility and gear up to claim your slice of the W tokens amidst this exhilarating and rewarding crypto escapade. Don't miss out on this stellar opportunity! 🚀💎 #Wormhole #Airdrop #TrendingTopic #MarkBTC #SnEmroz

🚀 Exciting News Alert: 🌟QTUM has taken the spotlight as the top gainer on #Binance today, with an impressive surge of over 60% in the last 24 hours! 🔥What's Driving This Surge?The surge in QTUM's value can be attributed to a significant development: - In January, the QTUM team unveiled an ambitious roadmap for 2024, outlining exciting milestones and advancements.- Recently, the team shared a progress update indicating substantial achievements even before the scheduled timeline of March. This successful execution of their roadmap objectives has instilled confidence in investors and garnered significant interest in QTUM, propelling its value upwards.The commitment and progress shown by the QTUM team towards their roadmap goals have undoubtedly played a key role in fueling this impressive pump. 📈💥 #QTUM #TrendingTopic #MarkBTC #SnEmroz Exciting times for QTUM and its community as they continue to make strides towards their vision! Stay tuned for more updates on this dynamic development! 🚀🌐 👉 End 👈👉 Disclaimer :- This is not a Paid or Promotional Post. For any investment Do your own research (DYOR)🥰 Support : If you think my post are helpful, Don’t forget to showing your love via Tip. $QTUM

In the ever-evolving world of cryptocurrencies, Bitcoin stands out as a pioneer and a force to be reckoned with. Despite the occasional market fluctuations and uncertainties, there are compelling reasons to remain optimistic about the future of Bitcoin. Let's delve into some key points that showcase why Bitcoin enthusiasts and investors have their eyes set on a promising horizon.Source : Google [ Ai Generated Image ]1. Limited Supply, Increasing Demand: The supply of Bitcoin available on exchanges is currently at an all-time low, indicating a scarcity that could drive up its value as demand continues to rise. With 93.5% of all Bitcoins already mined, the diminishing supply adds to its allure as a digital asset.2. Institutional Endorsement: It is noteworthy that the world's largest asset manager has allocated a substantial $7 billion to Bitcoin, signaling growing institutional interest and confidence in its long-term viability.3. Permanently Lost Bitcoins: Approximately 20% of all mined Bitcoins are estimated to be lost forever, further tightening the available supply and contributing to its scarcity.4. Market Cap Perspective: Despite its meteoric rise and widespread recognition, Bitcoin's market capitalization is just a fraction of tech giant Microsoft's, hinting at the vast potential for growth and mainstream adoption in the future.5. Historical Patterns and Halving: Bitcoin has shown interesting patterns in the past, with the upcoming halving event only 60 days away. This event typically triggers supply shocks, highlighting the scarcity of new Bitcoins entering circulation.6. Global Adoption: The trajectory towards global adoption of Bitcoin seems inevitable, with more individuals and businesses recognizing the benefits of a decentralized, secure, and borderless form of currency.In conclusion, Bitcoin's resilience, scarcity, institutional backing, and upcoming events suggest a bright future ahead. While the cryptocurrency space is known for its unpredictability, the fundamental strengths of Bitcoin continue to attract interest and support from various quarters. As we move forward, keeping a close eye on these trends and developments in the cryptocurrency world will pave the way for insightful investment decisions and a deeper understanding of the potential that Bitcoin holds in reshaping the financial landscape. Stay tuned for more updates on the exciting journey of Bitcoin! 🚀 #Bitcoin‬ #Cryptocurrency #Write2Earn #MarkBTC #SnEmroz $BTC 👉 Complete 👈📢 Disclaimer: This content is not a paid advertisement and is not intended to persuade or encourage investment. Please conduct thorough research and make informed decisions based on your own analysis before considering any investment opportunities.

Bitcoin reached a new all-time high (ATH) of $69,000, causing speculation of a market top and a potential reversal. However, there are several reasons to suggest that this is not the end of the bull market.The sudden crash to $59,000 shortly after hitting the ATH had some bearish investors calling for a market reversal and a drop to $12,000. They pointed to the BTC market structure, citing it as a triple top. However, it is important to note that the market needed a correction after a rapid increase from $40,000 to $69,000 without a significant pullback. This correction was necessary to flush out overleveraged positions.Despite the crash, Bitcoin's price is now climbing up and looking more promising. Here are five reasons why this is not the market top:1) Retail Presence: Typically, a bull market top occurs when there is euphoria among investors. However, at present, there is not much mainstream coverage or excitement about Bitcoin, despite the new ATH. Bitcoin Google searches and Coinbase App Store rankings remain at low levels. Additionally, many utility-based coins are still down 50%-70% from their ATH, indicating that the market top has not been reached.2) Whales Accumulation: Historically, bull markets end when large investors, known as whales, start selling their coins to smaller holders. Currently, there is evidence of whale accumulation, suggesting that we are in the early stages of a bull market.3) Upcoming Bullish Events: Market reversals often happen when there is tightening by central banks, similar to what occurred in early 2022. However, the Federal Reserve (FED) is planning rate cuts in the coming months, which is generally bullish for risk-on assets. Moreover, events like the Halving and FASB accounting rule implementation are expected to bring more money into Bitcoin and the broader cryptocurrency market.4) On-chain Metrics: Various on-chain metrics have historically indicated market tops, but the current indicators suggest that there is still a long way to go. Metrics such as MVRV Z-Score, Bitcoin Rainbow Price Chart, and 2-Year MA Multiplier all support the notion that the bull market is not yet over.5) Scarcity: Bear markets occur when supply exceeds demand. However, the current situation is the opposite, as Spot ETFs applicants are buying around 10 times the total daily mined BTC. Furthermore, the amount of BTC available on exchanges is at a record low, indicating increased demand for the cryptocurrency.It is essential to remember that nothing goes up forever, and Bitcoin is no exception. In every bull market, there are significant corrections of 30%-40%. This time will likely be no different.In conclusion, while yesterday's ATH and subsequent crash may have prompted concerns of a market top, there are several factors suggesting that this is not the case. The absence of euphoria and mainstream coverage, evidence of whale accumulation, upcoming bullish events, positive on-chain metrics, and the imbalance of supply and demand all indicate that the bull market is still ongoing. However, investors should be prepared for the typical corrections that occur during bull markets. 👉 End 👈‼️ Disclaimer :- This is not a Paid or Promotional Post. For any investment Do your own research (DYOR)🥰 Support : If you think my post are helpful, Don’t forget to showing your love via Tip.#BTC #TrendingTopic #WIF #MarkBTC #SnEmroz $BTC $WIF $RNDR

I have a gut feeling that Bitcoin might "rug" us, triggering a sudden dump without surpassing the $69,000 mark today.What Does This Mean?The concern here is that Bitcoin could surprise us with a sharp drop in price without hitting the anticipated milestone of $69,000 before the day ends.This prediction suggests a cautious approach to Bitcoin trading today, as the market could be gearing up for unexpected movement. Stay vigilant and keep an eye on Bitcoin's price dynamics! 💰📉 👉 End 👈‼️ Disclaimer :- This is not a Paid or Promotional Post. For any investment Do your own research (DYOR)🥰 Support : If you think my post are helpful, Don’t forget to showing your love via Tip.#TrendingTopic #BTC #MarkBTC #SnEmroz $BTC

Recent data reveals a concerning trend for Grayscale's Bitcoin Trust (GBTC). At the current pace of redemptions, GBTC might exhaust its Bitcoin supply within just 96 days.

Since January 11th, when GBTC transitioned to trading as an ETF, Grayscale has withdrawn a substantial amount of Bitcoin – totaling 266.47K BTC – from their wallets to fulfill GBTC redemptions. This withdrawal rate averages about 25.9K BTC per week.

This rapid depletion is evident in Grayscale's Bitcoin holdings, which plummeted from 618.28K BTC at the beginning of the year to a mere 356.44K BTC currently.

If this trend persists, GBTC could run out of Bitcoin reserves entirely in just 14 weeks.

The implications of this potential depletion are significant for the crypto market, as GBTC has been a major avenue for institutional investment in Bitcoin. This situation underscores the growing demand for Bitcoin among institutional investors and the critical role that investment vehicles like GBTC play in facilitating exposure to the asset class.

As investors closely monitor the situation, the looming possibility of GBTC exhausting its Bitcoin reserves adds another layer of complexity to the evolving dynamics of the crypto market. 📉 #GBTC #BitcoinTrust #HotTrends #MarkBTC $BTC #SnEmroz

Let's explore below 👇 Before we start, remember to like and save this post for future reference.1. Polyhedra Network - PolyhedraZKThey are changing how databases work with blockchain technology for secure and transparent data systems.Tasks:- Engage with their bridge- Redeem NFTs- Participate in GALXE campaign- Utilize MERKLY and Gas Refuel2. LayerZero - LayerZeroLabsAn interoperability protocol connecting over 50 blockchains for seamless app development.Tasks:- Interact with Merkly- Boost transactions with Aptos and LiquidSwap bridges- Engage with Harmony and ShimmerBridge3. Linea Build - LineaBuildSetting a new standard in web3 security with a focus on dApp safety for blockchain development.Tasks:- Use the official bridge- Trade on DEXs- Join the GALXE campaigns4. zkSync - zksyncScaling Ethereum with cutting-edge ZK tech while maintaining its core values.Tasks:- Use ZK Lite and Era bridges- Trade on DEXs5. Scroll - ScrollZKPA security-driven scaling solution for Ethereum using zero-knowledge proofs.Tasks:- Swap and NFT trading- Exchange on platforms like Sushi, Izumi Finance, Kyberswap, Skydrome, Spacefi- Claim free NFTs from various projects 👉 Complete 👈📢 Disclaimer: This content is not a paid advertisement and is not intended to persuade or encourage investment. Please conduct thorough research and make informed decisions based on your own analysis before considering any investment opportunities.Follow to stay updated on potential airdrops in 2024.#Write2Earn #TrendingTopic #MarkBTC #SnEmroz #polyhedra $MANTA $JUP $STRK

Worldcoin has seen a remarkable surge in value following the release of OpenAI's Sora AI model. In the last week alone, Worldcoin has doubled in price, now sitting comfortably over $6.Worldcoin is supported by Tools of Humanity, a company co-founded and chaired by Sam Altman, who also heads OpenAI. Sora, the AI model unveiled on February 16, allows text-to-video conversion.Notably, Worldcoin's value has been sensitive to OpenAI news before. Back in November 2023, when Altman faced a temporary exit from OpenAI, the token price took a hit."It's fascinating to see how these interconnected developments have influenced Worldcoin's journey. If you have any more updates or topics you'd like to discuss, feel free to share!#WLD #Write2Earn #TrendingTopic #MarkBTC #SnEmroz $WLD

AI will be one of crypto's top performing sectors this bull run. instead of buying random AI coins, I'm focused on one key beneficiary: DePIN.It's projected to be a $3.5T industry by 2028, and you have a chance to be EARLY.🧵: My ULTIMATE DePIN guide (+ top picks).👇In this thread, I'll cover:• How DePIN works• Why DePIN is poised for significant growth in 2024 (and beyond)• The specific DePIN projects I'm investing inLet's dive in.Firstly, what is DePIN?DePIN stands for 'Decentralised Physical Infrastructure'.These are blockchain protocols that incentivise decentralised communities to build & maintain physical hardware.Users supply hardware or software resources to the network & get token rewards.The DePIN landscape is vast, and spans across multi billion-dollar hardware sectors.• Cloud storage• Computing power• Wireless sensor networksMessari predicts that DePIN could add $10T to the global GDP in the next decade (and $100T the decade after). 👀Physical infra has historically been a Big Tech monopoly.It has significant capital & maintenance costs, out of reach for small players.Giants like AWS capitalise on this by selling their services at a premium.However DePIN (decentralised physical infra networks) has many benefits over centralised solutions due to its ability to:• Reduce costs• Horizontally scale• Reward network contributors• Enhance securityHere's how DePIN works:• Supply-side users commit their resources for token rewards from the network.• These rewards incentivise network participants to deploy more infrastructure.Infra growth attracts more demand from end users, leading to increased network activity.Network growth leads to higher rewards, which incentivises more supply side users.As you can see, DePIN has a built-in flywheel effect, helping projects gain traction as they expand.According to Messari Crypto, the DePIN sector is projected to reach $3.5 trillion in the next four years.Longer term, I'm anticipating that number to go much higher, due to the strong aforementioned flywheel mechanics involved.Unlike many other crypto sectors, it's a model that's already been generating revenue.DePIN generates more than $15 million in annual on-chain revenue, and this number is set to grow rapidly in the coming years.Broadly, DePIN projects can be grouped into:• Physical Resource Networks (Sensor, Wireless)• Digital Resource Networks (Compute, Bandwidth, AI, Storage)• DePIN ModuleEach sub-sector disrupts a $1T dollar industry, which means DePIN's upside potential is MASSIVE.Let's break down some of these sub-sectors even further.👇1. Decentralised storageThese projects create a marketplace for unused storage capacity.• Providers offer computing resources for token-incentives.• Projects encrypt & split up client data across this network.• Clients pay the network to store & retrieve their data.Storage is a key adoption vertical for DePIN as it has the perfect product market fit.Splitting data removes the single point of failure, improving accessibility & security.These networks are also ~78% cheaper than their centralised counterparts.2. Decentralised computingDecentralised compute networks let you to borrow GPU power to run complex computations on the cloud.You can use it to power AI innovation, render cool scenes or run a blockchain node.Legacy computing networks are currently at a $5T market cap.Even if DePIN captures just 1% of this market, that's a potential 10x growth on utilisation rates.3. Artificial intelligence infrastructureAI's exponential growth in the last decade has exposed some key scaling challenges:• Lack of specialised hardware• Lack of effective collaboration• Ineffective data storageDePIN can tackle these issues & more.For instance, compute networks like $AKT can reduce the hardware crunch by crowdsourcing GPU power.Similarly, $TAO gamifies research collaboration through crypto incentives.These are just some examples, but DePIN has many applications across the ML pipeline.Honestly, we're just scratching the surface of AI + crypto. I'm excited to see more synergies and use cases emerge as the sector matures.I'll elaborate more on the AI sector specifically in a future thread, so make sure you're following @SnEmroz if you're interested.Anyway Already it’s gonna long Post, See you Next Post. 📢 Disclaimer: This content is not a paid advertisement and is not intended to persuade or encourage investment. Please conduct thorough research and make informed decisions based on your own analysis before considering any investment opportunities.#Write2Earn #TrendingTopic #MarkBTC #SnEmroz