$BTC

Bitcoin Pizza Day, celebrated every year on May 22, commemorates the groundbreaking moment when Bitcoin made its debut as a real-world currency. The iconic event dates back to 2010, when Laszlo Hanyecz, a programmer, made history by purchasing two pizzas with 10,000 BTC in an online Bitcoin forum. At the time, Bitcoin was valued at a mere few cents, meaning the total cost of the pizzas was about $41.
Fast forward to today, and those 10,000 BTC are worth a staggering sum, especially with Bitcoin’s all-time highs touching $69,000 per coin. This means that the two pizzas Hanyecz bought for a little over $40 in 2010 could now fetch an eye-popping $690 million. It stands as one of the most valuable transactions in history, further cementing Bitcoin's journey from an obscure digital asset to a global financial powerhouse.
🔑 Legacy and Influence of Bitcoin Pizza
While the original transaction seemed trivial at the time, it was an essential milestone for Bitcoin adoption. Laszlo Hanyecz's willingness to use Bitcoin for a simple purchase paved the way for the broader integration of cryptocurrencies into the everyday economy. This act of using Bitcoin as a legitimate form of payment sparked interest and inspired more businesses and individuals to explore Bitcoin’s potential as an alternative currency, which continues to grow in acceptance and usage.
🎉 Bitcoin Pizza Day – A Global Celebration of Bitcoin’s Rise
Bitcoin Pizza Day is more than just a day of reflection—it's a global celebration. On May 22 each year, Bitcoin enthusiasts commemorate this historic moment by purchasing pizzas with their BTC, and many businesses offer special promotions to celebrate the occasion. It’s a day that symbolizes how far the cryptocurrency has come and how much more it has yet to achieve in transforming the financial world.
💡 Would You Do It Today?
If given the chance, would you trade 10,000 BTC for two pizzas in today’s market? This remarkable story not only highlights Bitcoin’s early days but also offers a unique perspective on how rapidly the value of crypto assets can change, leaving us all to ponder how far Bitcoin will go in the years to come.
#BTC #BitcoinPizzaDay #CryptoHistory

I am very happy to bring you an analysis of the best indicators Stoch RSI and MACD.

Before we go further, let's try to see how to set it up Trading View within Binance during trading, the details are as follows in the image 👇

I believe you have understood well how to set Trading View in Binance through the image above, now let's go and look in depth at the importance of using Stoch RSI and MACD.

1. Let's start with the Stoch RSI, if you look at the picture above, the upper curves show a sign that we know the market is going to sell and it is in the range of 100. Therefore when you see the numbers in this range of 80 to 100, this is a sign of the market being overbought, so the market is going to come down again. Therefore, when you see this signal, be prepared to place a short position for those who use Futures. But if you see that the market has a Stoch RSI of 1 to 10, here we call the market oversold, which means you should prepare to make a long position. It is a very simple method that will make you benefit from the results of the market every time you trade.

2. MACD- Convergence (green bars) and Divergence (red bars) these bars are separated by a horizontal line. Things to consider here are that two lines tend to alternate one above the other below we call the leading line and the MACD line. If these lines are below the horizontal line, it means the market is a Bear market, when it starts to break upwards from the horizontal line, it means the market is a Bull Market.

To better understand, repeat reading the image above on how to know when to sell and when to buy.

I wish you a good day!

#binancepizza #bitcoinpizzaday

What is Binance Flexible Loan?

Binance Flexible Loan is an isolated, overcollateralized, open-term loan product.

Image: Crypto Loans ( Hand Sketch)

Features

Open-term, Overcollateralized, Isolated margin

Interest is subject to change every minute

Interest is accrued every minute that adds to the outstanding loan amount

Currently supports 15 major tokens as collateral assets; Simple Earn Flexible Products assets are used as collateral. If desired collateral is not currently subscribed to Flexible Products, the Flexible Loan order will automatically subscribe them to Simple Earn Flexible Products

Benefits

Users can keep their loan positions indefinitely (as long as these tokens are supported by the platform, and positions are not liquidated)

Borrowed assets can be used for any purpose (trade, stake, withdrawn), as collateral assets are locked in each Loan Order

Repay outstanding loans anytime without penalties

Flexibility to add or remove collateral based on LTV health

Interest rate is typically the lowest cost option in Binance (in comparison to Margin/Stable Rate Loans)

Collateral from Simple Earn Flexible Product continues to earn Real-Time APR which increases the collateral value every minute (in some cases you get paid more APR on your collateral compared to borrow APR)

Interest rate setting is always being reviewed based on an assessment of competitiveness and other market conditions

Binance rates are comparable to the largest CeFi competitors and DeFi money markets

Note: Currently only can repay using the same cryptocurrency as the borrowed asset; repayments using collateral are currently not available but could be introduced in the future.

After the above explanations let's see some important things to be considered when borrowing a loan.

How to borrow a loan?

1. Log in to your Binance account and go to Finance then Crypto Loans.

2. Search for a coin from the filter, then click [Borrow] next to it.

3. Choose a loan type and enter the amount you wish to borrow. Then, choose collateral. The system will automatically calculate the collateral amount based on the initial LTV. You will also see the estimated hourly interest and liquidation price.

Read and agree to the Terms and Conditions and check the box next to it. Then, click [Start Borrowing].

4. You will see a pop-up confirming the loan.

What is LTV, and how much can I borrow from Binance Flexible Loan?

Depending on which cryptocurrency you wish to pledge, a different initial LTV may apply. LTV stands for Loan-to-Value. It represents the ratio between the value of the digital assets loaned to you plus accrued interest, if any, relative to the value of your collateral. These values are based on each cryptocurrency’s Price Index.

LTV = Loan Value / Collateral Value

For example, assuming an initial LTV of 65% for USDT: if you have pledged 10,000 USDT, you may borrow up to 6500 USDT worth of loanable assets. Or LTV of 65% for 1,000 USDT will be up to 650 USDT worth of loanable assets.

How do I perform loan repayments or adjust my loan LTV?

In the Ongoing Orders tab, click Repay or Adjust LTV to perform loan repayments or increase/reduce collateral respectively. You may only repay your Flexible Loan using the same cryptocurrency that you borrowed. Repayments using collateral assets are currently not supported.

Loan repayments will reduce the outstanding loan and accrued interest proportionately. For instance, you can’t choose to repay either accrued interest or outstanding loan only or in unequal proportions. You may also adjust the LTV for each loan position by increasing or reducing collateral.

1. Click Active Loan.

2. Go to Ongoing Orders then Stable Rate. Click Repay next to the order you wish to repay.

3. Select Borrowed Coin. Enter the repayment amount or select a repayment ratio. Check the box if you wish to keep the collateral in the order.

Review the details and click Confirm repayment.

4. You will see a confirmation message after the repayment has been successfully processed.

Which cryptocurrencies can you pledge or borrow on Binance Flexible Loan?

Binance Flexible Loan offers and accepts a wide range of cryptocurrencies as loanable and collateral assets, including USDT, BTC, and ETH.

Please note that same-cryptocurrency collateral-loan pairs aren’t supported on Binance Flexible Loan. For example, you can’t pledge BTC and borrow BTC within a single loan position, but you can have multiple loan positions to borrow BTC with non-BTC collateral.

The available cryptocurrencies for pledging and borrowing are updated from time to time. Please refer to the Loan Data page for more information.

What can I do with the cryptocurrencies borrowed from Binance Flexible Loan?

You may use the loan for any purpose, including trading on the spot market, depositing into Binance Earn products, or even withdrawing them from Binance. The collateral pledged will remain with Binance Flexible Loan as security for the return of the Digital Assets you’ve borrowed.

Remember to do your research because this article is only for information and not otherwise.

#cryptoloans #BinanceTournament #binancepizza #bitcoinpizzaday

Reference: https://www.binance.com/en/support/faq/what-is-binance-flexible-loan-and-frequently-asked-questions-1c9dddb774054983992b8977ae36577a