The Rise of $PEBALL - Fan Token: Unleashing the Potential of Digital Fandom - Meme x Fan Token!
In the dynamic world of sports and cryptocurrency, the $PEBALL fan token is making waves. Representing one of the most iconic football clubs, Manchester United, $PEBALL is not just a digital asset but a gateway to a new level of fan engagement and financial opportunity. Here’s why $PEBALL is poised to become a game-changer in the fan token market.
Unleashing Potential Through Digital Fandom $PEBALL offers fans a unique opportunity to engage with their beloved club like never before. With $PEBAL
Liquid Staking will be one of the biggest trends in #DeFi 2024 - 2025. @ether_fi is leading this narrative with:
- 74,000 Users - $3B Total Value Locked - @binance Launchpool - $32M+ Fundraising from @Consensys @okx @Arrington_Cap @ambergroup_io - Top Partner Ecosystem @eigenlayer @pendle_fi @mavprotocol @Balancer
Here is a presentation of this launchpool and the @ether_fi project 🧵 #ETHFiLAUNCHPOOL
1/ #EtherFi! is aiming to bolster Ethereum's decentralization by simplifying non-custodial staking. @ether_fi Principles: 🔹Decentralization is a primary objective 🔹The ether.fi protocol is a real business with a sustainable revenue model. 🔹Do the right thing for the Ethereum community, always
2/ $ETHFI Price Prediction Comparing with @lidofinance - a Liquid Staking platform, → $ETHFI Initial Circulating Supply is 11.52% → Total supply is 1 Billion
$ETHFI price may be 3$ - 5$ at TGE on Binance with Market Cap around $360M - $600M
3/ #ETHERFI #Binance Launchpool All Users Can Now Secure $ETHFI with @Binance Launchpool by Stake your $BNB and $FDUSD, Binance Launchpool Allocation: 20,000,000 (2% of total supply)
Register & Trade Now to Get a 10% Fee Discount 👇 https://accounts.binance.com/register?ref=KCLHB03N
4/ How re-staking provides superior rewards With #etherfi, your ETH can be staked and then re-staked to earn you the best rewards
→ Stake ETH: Stake any amount of your ETH → Receive eETH: Receive eETH that will earn staking rewards → Natively re-staked: eETH is natively re-staked for additional rewards. → Maximize Rewards: Use your eETH in DeFi to maximize returns
5/ Partners & More By collaborating with Top Dapps on #DeFi Space such as @eigenlayer @pendle_fi @mavprotocol @Balancer , #ETHFI staking protocol gains access to a powerful restaking collective embedded in the Ethereum network. This includes consensus protocols, data availability layers, virtual machines, keeper networks, oracle networks, bridges, threshold cryptography schemes, and trusted execution environments. To read more of EtherFi, Visit https://www.binance.com/vi/research/projects/etherfi
Crypto AI Tokens in Focus As DOGE, SHIB Rally Starts to Ease
Prices of AI-linked tokens such as FET and AGIX are surging on speculation a crypto product will feature at an Nvidia conference later this month even though AI can't run on the blockchain.
Inflows into such projects is coupled with a sell-off in meme coins, which have led crypto gains in the past week.
Expectations that a crypto project will be mentioned in an Nvidia (NVDA) conference later this month are driving traders to bid on artificial intelligence (AI)-linked tokens, propelling CoinGecko 's category for the coins up 25% in 24 hours.
Tokens of Fetch.AI (FET), Render Network (RNDR), Sleepless AI (AI) and SingularityNET (AGIX) climbed as much as 40%. These projects claim to utilize AI in various ways, such as providing a virtual companion and being a marketplace for graphic processing cards.
Behind the surge are reports that crypto AI project developers are attending the chipmaker's conference or taking part in panels, according to Lookonchain. The event will be held from March 17-21. The advance compares with bitcoin’s 0.3% increase and a 0.4% gain in the CoinDesk 20, a broad-based liquid index of major tokens.
During the coming flagship NVIDIA AI conference that's not too FAR outOne, and only ONE crypto project will be featured and has their founder on a panel with Jensen Huang.The future is xxxx. pic.twitter.com/UTaLlkl6Dl
— Arthur (@Arthur_0x) March 6, 2024
AI tokens remain a hot narrative for crypto traders because the technology is expected to drive key innovations in the global economy in the coming years. However, the relationship between AI and crypto is unclear: Artifical intelligence cannot run on a blockchain. Even so, developments in traditional AI companies, such as OpenAI, drive gains in AI tokens as traders utilize them as a proxy bet on the industry.
The tokens also rallied last month after Nvidia beat fourth-quarter earnings and first-quarter guidance expectations.
Wouldn't surprise me to see these AI coins (and others on Binance) continue to pump further in the lead up to the Nvidia conference on March 17. This reminds me a lot of when Facebook rebranded to Meta in November 2021 and all metaverse coins ran up 6-10x in 29 days.NOT SAYING… https://t.co/CasYlaIRLJ
— Nacho Trades (@NachoTrades) March 6, 2024
Meanwhile, the inflows into AI tokens seem to have put the brakes on a multiweek rally for meme coins, data shows.
Tokens such as dogecoin (DOGE), pepecoin (PEPE) and dogwifhat (WIF) have more than doubled over the past few weeks as bitcoin briefly broke its all-time highs. Some observers attributed the surge to meme coins being more friendly to retail traders, who are typically driven to crypto markets during bitcoin rallies.
The rally seems to be done for now. DOGE, SHIB and PEPE lost over 15% in the past 24 hours, data shows. And in another sign of money leaving the market, open interest on DOGE-tracked futures has dropped $400 million from record highs since Tuesday.
The Power of BonkAI: A Memes, AI, and GameFi Revolution
In the ever-evolving world of cryptocurrency, a new player is stepping into the arena – BonkAI. This innovative token is not just another meme coin; it's a fusion of humor, artificial intelligence (AI), and the exciting world of GameFi. In this blog post, we'll explore the potentials of BonkAI by drawing comparisons with established meme coins like $DOGE and $SHIB.
Meme Coin Resurgence: Meme coins like $DOGE and $SHIB have shown us the incredible power of community-driven, humorous tokens. Bon
Bitcoin is open source, permissionless, peer to peer programmable money. The supply is hard capped at 21 million coins, which cannot be changed. The network is peer-to-peer and transactions take place between users directly, without an intermediary such as a central bank. These transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. The various avenues will be revealed when going down the rabbit hole, and the journey will b
BITCOIN PRICE SURGES TO 18-MONTH HIGH ABOVE $37,000 ON ETF ENTHUSIASM
Bitcoin spot ETF enthusiasm is pushing its price higher, with the cryptocurrency setting an 18-month high on Thursday.
Spurred on by enthusiasm for a forthcoming spot ETF, Bitcoin has catapulted to an 18-month high, surpassing the $37,000 mark Thursday. The cryptocurrency's resurgence comes after a period of relative disinterest from mainstream market participants. With most eyes on the trial of disgraced FTX CEO Sam Bankman-Fried, the news was apocalyptic, with major news sources decrying the death of not just Bitcoin but cryptocurrency. Still, the surge in Bitcoin's price can be attributed to a combination of factors, including renewed institutional interest, growing adoption, and a favorable macroeconomic climate. Institutional investors, often considered a significant driving force behind Bitcoin's price movements, have once again shown confidence in the digital asset, fueling its upward trajectory.
As global economic uncertainties persist, investors are turning to Bitcoin as a hedge against inflation and currency devaluation. The decentralized nature of the cryptocurrency provides a level of security and autonomy that traditional financial instruments struggle to match. The $37,000 milestone sets up the more significant $40,000 psychological barrier to be broken, instilling a renewed sense of optimism in the cryptocurrency community. But as Bitcoin continues to capture headlines and the attention of both retail and institutional investors, the question on everyone's mind is whether this bullish trend will persist into the new year.
TwelveFold is a project created by Yuga Labs, the same team behind the popular Bored Ape Yacht Club NFT collection. TwelveFold consists of 12 unique Bitcoin ordinals, each representing a different member of a fictional group called the “TwelveFold Society.” Each ordinal is associated with a specific character and storyline, which has been developed by Yuga Labs in collaboration with a team of writers and artists. The TwelveFold ordinals are non-fungible and are stored on
Binance to issue up to $100 USD in BNB to registered users in the Hurricane-Impacted Acapulco Region
In response to the devastation caused by the recent Hurricane Otis in Acapulco, Mexico and the surrounding area, Binance Charity will issue up to $100 USD in BNB token vouchers to registered Binance users identified as living in the areas affected by the tragedy. Identification of the users will be based on Proof of Address (POA) completed on and before October 25, 2023, in Acapulco, Guerrero State, which has suffered the most significant impact. Users who have completed POA before this date in Acapulco will each receive $100 USD in BNB token vouchers in their Rewards Center. We recognize that many users in the affected area of Acapulco may not have yet completed POA. Therefore, for any existing user who completes POA after October 25, 2023 and before November 25, 2023, we will issue $25 USD in BNB token vouchers to their accounts. The funds will start reaching users on November 1, 2023. In the aftermath of natural disasters, people often lose access to traditional banking at the exact moment when extra funds are needed to help cover medical supplies, food, and other essential needs. Crypto transfers are now increasingly being used to deliver financial aid to disaster victims as they provide fast, low-cost, borderless, and transparent transactions. In these difficult times, Binance stands by our users, and we will continue to work on additional ways to help our community in Mexico.
In the second episode of Ordinals Explained, we describe both ordinals and inscriptions, as well as their relationship with each other.
DEFINING BITCOIN ORDINALSTHE ROLE OF ORDINALS IN BITCOIN Bitcoin ordinals refer to the unique identification numbers assigned to each satoshi on the blockchain. They serve as a timestamp and help establish the order in which satoshis occur. Ordinal theory enables participants to verify the chronology of satoshis, ensuring that the network reaches a consensus on the state of the blockchain. When a Bitcoin transaction takes place, it is recorded on the blockchain, which is essentially a decentralized ledger. Each satoshi is assigned a unique ordinal number, which acts as a digital fingerprint. This ordinal number is generated using complex cryptographic algorithms, making it virtually impossible to tamper with or forge. By using ordinal numbering, Bitcoin ensures that all participants can agree on the order of satoshis. This is crucial in a decentralized system where there is no central authority to validate and confirm transactions.
THE FUTURE OF BITCOIN: ORDINALS AND INSCRIPTIONSHOW ORDINALS AND INSCRIPTIONS COULD SHAPE BITCOIN'S FUTURE
Bitcoin ordinals and inscriptions form the foundation of a secure and transparent digital artifact and token ecosystem. As the landscape evolves, their importance cannot be underestimated. Further research, innovation, and adoption in the field of ordinals and inscriptions will pave the way for a more robust and efficient Bitcoin network, ultimately shaping the future of digital finance, art, and collectibles.
Some Simple Tips When Using Crypto in Contracts (not Smart Contract)
A few friends asked me recently, is it normal or easy to accept crypto payments in contracts?
Yes, it’s easy. However, there are some simple considerations.
The simplest approach is when both parties agree on a specific amount of a specific currency. Eg, 100 BNB or 1 BTC. This is straightforward. No conversion rate issues. No ambiguity. You give a receiving address (or a Binance Pay id), they pay, and you are done. It has some drawbacks. The price of the asset may fluctuate in fiat terms. This may be more of a problem if the contract involves several payments over a long period of time.
Another approach is to specify a fiat amount to be paid in a crypto currency. Eg, 1000 JPY paid in BTC. If the crypto currency is a stable coin, it is generally easy. But remember, even stable coins can de-peg from time to time. You may want to include a depegging limit and specify a few alternatives.
If you specify $1000 USD equivalent to be paid in BTC, then you will have to specify how to determine the conversion rate. You could use the daily open price on Binance.com, or a 5 day average on the day of the payment. Be as specific as possible, and as objective as possible.
If the contract involves early termination possibilities or any deposits and may be returned at some future date, be sure to specify the return currency and amount. I see many contracts with a deposit of say $100 in BTC, then the parties argue they want the original BTC amount, or USD back, whichever has appreciated more over time. Even Binance made this mistake (lack of clarity) multiple times in the past.
If the amount involved is large, you will have to think about treasury management or conversion rates on your end. But that's a topic for a different post. You could use Binance Convert to convert large amounts of crypto.