I am just a newbie learner in crypto world
Binance is a great platform with 100% opportunities
Experiencing learning & crypto Knowledge share articles/feeds
HBO Documentary Claims to Have Identified Bitcoinâs Creator, Satoshi Nakamoto
The crypto world is abuzz with HBO's latest documentary, "Money Electric: The Bitcoin Mystery," which claims to have identified the mysterious creator of Bitcoin, Satoshi Nakamoto
. Directed by Cullen Hoback, the documentary delves into the enigmatic figure behind Bitcoin, presenting compelling evidence that points to Bitcoin Core developer Peter Todd as Nakamoto.
The documentary explores Bitcoin's origins and introduces several key figures from its early days, including Blockstream CEO Adam Back
. Hoback's investigation culminates in a dramatic reveal, suggesting that Todd, known for his contributions to Bitcoin's development, is the elusive Nakamoto.
While the documentary has sparked intense debate within the crypto community, many remain skeptical of the conclusion
. The true identity of Satoshi Nakamoto continues to be one of the greatest mysteries in the digital world, with various theories and claims surfacing over the years. Â As the crypto community eagerly watches the fallout from this revelation, the documentary serves as a reminder of the ongoing intrigue and speculation surrounding Bitcoin's origins.
U.S. Government Moves $2 Billion Worth of Silk Road Bitcoin
In a significant development, the U.S. government has moved $2 billion worth of Bitcoin (BTC) seized from the infamous Silk Road marketplace
. This move has caused a stir in the crypto market, with Bitcoin prices tumbling below $67,0002
. The U.S. Department of Justice (DOJ) transferred 29,800 BTC from a wallet tagged as "U.S. Government: Silk Road DOJ" to an unlabeled address
. This action has raised concerns among investors about potential sales of these assets
The Silk Road seizure, which originally involved around 69,370 BTC, has been a hot topic in the crypto community
. The recent transfer follows a previous sale in March 2023, where the government sold 9,861 BTC for $216 million4
. With the current market volatility, this latest move has added to the uncertainty surrounding Bitcoin's future price movements.
Crypto enthusiasts and investors are closely watching these developments, as the government's handling of seized assets could have long-term implications for the market.
These are the latest updates about Moonbix on Binance:
1.  Exclusive Rewards Campaign:
Binance has launched an exclusive promotional campaign for Moonbix, running from October 7 to October 161.
This campaign includes giveaways of DOGS and NOT tokens, marking the first such promotion for the game.
2. Clarification on Token Status:
Binance has officially clarified that Moonbix is not a cryptocurrency token. Unlike popular meme tokens such as Hamster, Dogs, Cats, or Xempire, Moonbix is purely a game developed by Binance for entertainment purposes.
Players can earn crypto rewards through gameplay, but rewards are not tied to any Moonbix-specific coin.
3.  Community Engagement:
The Moonbix community on Binance Square is actively discussing potential updates and improvements to the game.
Players are suggesting new features and expressing their preferences for future rewards.
4.  Scam Warnings:
With the growing popularity of Moonbix, there have been reports of impersonation scams3. Scammers are creating fake announcement channels and accounts to deceive users3. Binance has emphasized the importance of following official channels for updates and avoiding suspicious accounts.
5. Potential Token Listing:
There is speculation that Moonbix ($MBIX) might be listed on
Binance by Q4 2024 or early 2025. While there's no official confirmation yet, the community is buzzing with anticipation.
Key Takeaways:
1. Vote for your token: Choose between BNB, DOGS, or NOT as the reward for Moonbix players.
2. Stay engaged: Complete daily tasks and invite friends to maximize your points and rewards.
3. Stay informed: Binance has confirmed there will be no separate Moonbix coin, so avoid falling for rumors.
Hereâs why RabBitcoin, Catizen, and Dogs tokens have plunged
Most highly hyped Telegram tokens have suffered a harsh reversal, a few weeks after their airdrops and exchange listings.
RabBitcoin (RBTC), the token for the Rocky Rabbit ecosystem, has plunged to $0.0000037, down from its September high of $0.000007. Its market cap has retreated from over $63 million to $47 million. Catizen, a popular cat-themed game, has crashed from $1.1974 to $0.4, bringing its valuation to $84 million.
Meanwhile, Dogs, another popular Telegram cryptocurrency, has dropped from $0.0011 in September to $0.00065.
Other tokens like Hamster Kombat and Notcoin have also struggled, with their sell-offs costing holders billions of dollars. Toncoin, which powers the TON Blockchain, has also entered a deep bear market, falling by over 43% from its highest level this year.Â
Thailand SEC Proposes Crypto Investment Options for Mutual and Private Funds:
The Securities and Exchange Commission (SEC) in Thailand is taking steps to broaden cryptocurrency investment opportunities for mutual and private funds, aiming to support the countryâs growing digital asset sector.Â
The proposal, announced on October 9th, seeks to introduce regulatory frameworks that would enable these funds to allocate investments in digital assets such as investment tokens and exchange-traded funds (ETFs) listed on U.S. stock markets, according to a report from the Bangkok Post.
The cryptocurrency market is a dynamic and rapidly evolving space, characterized by significant volatility and innovation. In this post, weâll delve into the current trends and provide an analysis of the crypto market as of October 2024. 1. Market Overview As of October 2024, the global cryptocurrency market capitalization stands at approximately $2.15 trillion1. This represents a slight decrease of 0.51% over the last 24 hours1. The market is dominated by major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH), which together account for a significant portion of the total market cap. 2. Bitcoin and Ethereum: The Market Leaders Bitcoin (BTC) Bitcoin remains the most valuable and widely recognized cryptocurrency. Its price hovers around $61,983.05, with a market cap of $1.22 trillion1. Despite facing regulatory challenges and market fluctuations, Bitcoin continues to be seen as a store of value and a hedge against inflation. Recent trends indicate a growing interest in Bitcoin from institutional investors, which has contributed to its price stability and growth. Ethereum (ETH) Ethereum, the second-largest cryptocurrency by market cap, is valued at $2,417.821. Ethereumâs blockchain is the backbone for many decentralized applications (dApps) and smart contracts. The recent proposal, EIP-7781, aims to increase Ethereumâs throughput by reducing slot times from 12 seconds to 8 seconds2. This could significantly enhance the networkâs efficiency and scalability, making it more attractive for developers and users alike. 3. Emerging Trends in the Crypto Market 1. The Rise of Memecoins Memecoins, such as Dogecoin (DOGE) and Shiba Inu (SHIB), have gained substantial popularity. These coins, often driven by social media hype and community engagement, have seen significant price movements. For instance, Dogecoin is currently priced at $0.1088 with a market cap of $15.91 billion1. The âMemecoin Supercycleâ has been a notable trend, with new memecoins like MOG and POPCAT gaining traction2. 2. Decentralized Finance (DeFi) DeFi continues to revolutionize the financial sector by offering decentralized financial services such as lending, borrowing, and trading without intermediaries. Platforms like Uniswap (UNI) and Aave (AAVE) are at the forefront of this movement. Uniswap, for example, is trading at $6.83 with a market cap of $4.13 billion1. The growth of DeFi is driven by the promise of higher yields and greater financial inclusion. 3. Non-Fungible Tokens (NFTs) NFTs have transformed the way we think about ownership and value in the digital world. From digital art to virtual real estate, NFTs are being used to tokenize and trade unique assets. The NFT market has seen explosive growth, with platforms like OpenSea and Rarible leading the charge. This trend is expected to continue as more artists, creators, and brands explore the potential of NFTs. 4. Regulatory Landscape The regulatory environment for cryptocurrencies is evolving. Governments and regulatory bodies worldwide are working to establish frameworks that balance innovation with consumer protection. In the United States, the 2024 elections are expected to influence the regulatory landscape significantly2. Countries like China have also recognized the importance of crypto in the digital economy, with former finance ministers calling it a crucial aspect2. 5. Technological Advancements Technological innovation is at the heart of the crypto market. Projects are continuously working on improving scalability, security, and interoperability. For instance, Ethereumâs proposed EIP-7781 aims to enhance network efficiency2. Similarly, advancements in blockchain technology, such as layer-2 solutions and cross-chain interoperability, are expected to drive the next wave of growth in the crypto space. 6. Market Sentiment and Investor Behavior Market sentiment plays a crucial role in the crypto market. Factors such as macroeconomic trends, regulatory news, and technological developments can significantly impact investor behavior. The recent hawkish stance of the Federal Reserve has affected Bitcoinâs price movement, as higher interest rates strengthen the dollar and raise Treasury yields2. However, the long-term outlook for cryptocurrencies remains positive, with many investors viewing them as a hedge against traditional financial market risks. 7. Challenges and Risks Despite the growth and innovation, the crypto market faces several challenges and risks: Volatility: Cryptocurrencies are known for their price volatility, which can lead to significant gains or losses in a short period.Regulatory Uncertainty: The lack of clear regulatory frameworks in many countries poses a risk to the marketâs stability and growth.Security Concerns: Cybersecurity threats, such as hacking and fraud, remain a significant concern for investors and platforms.Market Manipulation: The relatively low liquidity of some cryptocurrencies makes them susceptible to market manipulation. 8. Future Outlook The future of the crypto market looks promising, with several trends and developments pointing towards sustained growth and innovation. Key areas to watch include: Institutional Adoption: As more institutional investors enter the market, we can expect increased liquidity and stability.Regulatory Clarity: Clear and supportive regulatory frameworks will be crucial for the marketâs long-term growth.Technological Innovation: Continued advancements in blockchain technology will drive the development of new applications and use cases.Global Economic Trends: Macroeconomic factors, such as inflation and interest rates, will continue to influence the market. Conclusion The cryptocurrency market is at a pivotal point, with significant opportunities and challenges ahead. As the market matures, it will be essential for investors to stay informed about the latest trends and developments. By understanding the current landscape and anticipating future changes, investors can make more informed decisions and navigate the complexities of the crypto market. #Write2Earn! #BinanceSquareFamily #CryptoUpdate #Market_Update #CryptoNewss @F6A @Zarif Bey @Holi_Box @Financeććž @bujul @ćžæŻ @TIGRE_48 @Kriptoloji @Luna_Crypto @MinsHail nasTa @RobiKul 12 @User-1bec5 @Caro_13 @Md Sifat Islam @ć ćŻèŽć§LK @btc10000000 @Feed-Creator-c005712ed @aliumutzabun @md aliazam @Feed-Creator-9edcc0c9f @Feed-Creator-88cd25a4d @Carlo Meschino qqWc @ćžćźćčżćș @Binance Square Official @ć ćŻèȘæ”·ćź¶éŁé±Œ @AliZamanjutt @Nora Foot Nu6W @md MOKLESHAR RAHMAN @MD ashaful Islam @SimeyéȘç” @heartgirl 0308
Analytical Approach ATOM, DELTA & IOTA Difficulties in Crypto Market
As you all aware of the fact tht the CRYPTO MARKET is not one-handed game, it's overall contribution. In this period, the prices of some crypto are moving in a particular way, such as ATOM, DELTA, and IOTA. Letâs analyze them together. Price analysis of crypto ATOM, DELTA, and IOTA ATOM is the cryptocurrency of the Cosmos crypto ecosystem. It is a very promising ecosystem, in theory, but it struggles to take off. Suffice it to say that its TVL in DeFi is less than 900 million dollars, despite existing since 2021, which puts it behind even much newer projects like SUI. In the last seven days, the price of ATOM has lost about 7%, but this decline is in line with the general trend of the crypto markets. Moreover, it was almost entirely produced yesterday, given that in the previous days it had actually even risen slightly. In fact, compared to thirty days ago, it remains in profit, by 3.5%. However, the situation appears much bleaker if the comparison is extended to a longer period. Not only is the current price still 90% lower than the all-time highs of 2021, but it is also even 40% lower than it was a year ago. For example, in the course of 2024 alone, it first rose from $10 to $14, only to then plummet below $5. In other words, its bear-market, which started in April 2022 and worsened significantly in May/June of the same year, with the collapse of Terra/Luna, Celsius, and BlockFi, seems to still be ongoing, after almost two and a half years. Two and a half years of bear-market are a lot for the crypto markets, but maybe there is some hope. In fact, analyzing the chart over time, ATOM seems to be a primarily speculative crypto, in the crypto markets, so in the case of a new bullrun it could perhaps take off again, as it did in 2021. The trend of Deltaâs price Delta is a minor token, with only 18 million dollars in market capitalization. $BTC $ETH $BNB It was born in 2021 during a full bull run, but practically right away it started to decline. It is possible that its initial placement price was really exaggerated, given that since then it has lost almost all of its value. However, if the initial price is excluded, because as often happens it makes little sense, it is discovered that after falling from $19.2 to $3.6 in less than a month after the listing, during the bear-market of 2022 it only dropped below $0.9, with a loss similar to many other shitcoins. In fact, the current price of $0.8 is perfectly in line with the minimum price of 2022, and it is even higher than that of twelve months ago, when it had further dropped to $0.7. During the course of 2024, it had managed to climb back above $1.4, but then it started to fall again. However, it cannot be said that it is still in a bear-market, because it has been moving sideways for more than a year now. Its characteristic is to have occasionally enormous and sudden spikes, which, however, are exhausted in a very short time. To tell the truth, it has not happened since the end of October 2023, but at that time, for example, it suddenly rose from $0.7 to $3.7, only to return to $0.7 the next day. Moreover, the following day it made a reverse spike that brought the price to $0.07, but only to return the next day to $0.7. Such sudden spikes seem to reoccur approximately every 12 months. The trend of the price of IOTA Unlike Cosmos and Delta, Iota is a long-term crypto project. Their cryptocurrency IOTA has in fact existed on the crypto markets since as far back as 2017, even if its price performance is nothing short of disappointing. The fact is that the Iota project experienced a real boom at the end of 2017, thanks to which this cryptocurrency became one of the top 20 in the entire crypto market, but subsequently lost a lot of interest from investors. Just think that the initial price was 0.6$, and within six months it recorded its all-time high at almost 5.7$. That boom, however, had a very short life, because just eight months later the price had fallen below $0.6, then reaching the minimum of that bear-market just above $0.1 in March 2020. During the bull run of 2021, it was no longer able to replicate such results, so much so that the annual peak stopped at $2.5. The real problem arose then, namely with the bear-market of 2022. First it dropped to $0.3 after the implosion of Terra/Luna, then it went back below $0.2 with the collapse of FTX, and it continued to fall even in 2023 until it returned to the minimum levels of the previous bear-market. The 2024 went even worse, because after managing to briefly rise above $0.4 in March, it started a new phase of decline, apparently still ongoing, which has brought its current price to a level even lower than the bottom of the bear-market of 2018/2020. The fact is that this project seems to have exhausted its persuasive power towards investors, therefore by now Iota on the crypto markets seems to have become just a speculative asset. #Write2Earn! #BinanceSquareFamily #CryptoUpdate #Market_Update #CryptoNewss @F6A @Zarif Bey @Holi_Box @Financeććž @bujul @ćžæŻ @TIGRE_48 @Kriptoloji @Luna_Crypto @MinsHail nasTa @RobiKul 12 @User-1bec5 @Caro_13 @Square-Creator-33a3346c39e1473d746b @md MOKLESHAR RAHMAN @MD ashaful Islam @Carlo Meschino qqWc @Feed-Creator-c005712ed @Feed-Creator-9edcc0c9f @Feed-Creator-88cd25a4d
Tesla CEO Elon Musk joins former President Donald Trump on stage at Pennsylvania rally
đš Elon Musk makes his first appearance at a Trump rally and casts the election in dire terms đš
đ đ„ Billionaire tech executive Elon Musk cast the upcoming presidential election in dire terms during an appearance with Donald Trump, calling the Republican presidential nominee the only candidate âto preserve democracy in America.âđđ„
đ đ„ GLIMPSE OF MUSK & TRUMP đ đ„
The CEO of SpaceX and Tesla who also purchased X, Musk joined Trump in Butler, Pennsylvania, on Saturday at the site where the former president survived an assassination attempt in July. Musk said âthis will be the last electionâ if Trump doesnât win. Wearing a cap with the âMake America Great Againâ slogan of Trumpâs campaign, Musk appeared to acknowledge the foreboding nature of his remarks. âAs you can see I am not just MAGA â I am Dark MAGA,â he said. It was the first time that Musk joined one of Trumpâs rallies and was evidence of their growing alliance in the final stretch of the presidential election. Musk created a super political action committee supporting the Republican nominee and it has been spending heavily on get-out-the-vote efforts. Trump has said he would tap Musk to lead a government efficiency commission if he regains the White House.
Remember the WORDS oF TESLA CEO:
âIâm not just MAGA. Iâm dark MAGAâ
Your crypto NetWorth is in the hands of these men.
CRUCIAL ASPECT OF DIGITAL ECONOMY-Formerly Finance Minister of China
This news brings new horizons to CHINA'S Crypto Market. Such statement will make a good flow in trading and marketing of CRYPTO for chinese as they will be seeing the ban will be lift over soon. Chinaâs former minister of finance, Zhu Guangyao, said at a forum hosted by Tsinghua University that the government should study crypto more closely, given remarks made on the U.S. campaign trail.
Crypto âhas negative impacts, and we must fully recognize its risks and the harm it poses to capital markets,â Sina News quoted him as saying. âHowever, we must also study the latest international changes and policy adjustments, as it is a crucial aspect of digital economy development.â #BinanceSquareFamily #CryptoNewss #CryptoMarketMoves
Explore the latest crypto news
âĄïž Be a part of the latests discussions in crypto