Hi, I'm crypto trader since 2016 and I hv some good & bad exp. of my 6 yr crypto journey & i will try to share some valuable experience . yt @cryptorohit
Binance becomes first fully licensed crypto exchange in El Salvador
The exchange has been granted both Bitcoin Services Provider license and the first non-provisional Digital Assets Services Provider license, allowing it to offer tailor-made products and services in the country.
This milestone achievement represents another step on Binance’s ongoing efforts to get local licenses and permissions in key markets worldwide. With this, the company has approvals and registrations in 18 markets worldwide, including France, Italy, Spain, Sweden and Dubai, more than any other crypto exchange.
Maximizing Profit in Crypto Trading: Strategies and Tips
Introduction:
Crypto trading has gained significant popularity in recent years, offering individuals the opportunity to generate profits from the volatile and dynamic cryptocurrency market. While crypto trading can be highly profitable, it is important to note that it also involves inherent risks. In this guide, we will explore strategies and tips to help you navigate the crypto trading landscape and increase your chances of making a profit.
The Graph is a decentralised, open-source protocol that utilizes distributed ledger technology to gather data independently, eliminating the need for intermediaries. This protocol functions as a worldwide APU (Application Programming Interface) designed to index and organize data efficiently. It leverages the GraphQL language to enable easy accessibility and processing.
Similar to how Google indexes the web, The Graph protocol indexes blockchain data. However, indexing blockchain dat
Investors were weighing the latest development in the crypto industry's battle with the U.S. Sec. for regulatory recognition and guidance. After the bell Thursday, B.rock — the largest asset manager in the world — filed for spot bitcoin ETF, with Coinbase as its crypto custodian.
the iShares Bitcoin Trust would become the first approved ETF in the U.S. to track the price of bitcoin, versus the futures contracts tied to the cryptocurrency. It's been about 10 years since the first filing for a potential spot bitcoin ETF. Since then, every application that has gone through the SEC has been rejected.
That apparent commitment to Coinbase is almost as important near term as their commitment to bitcoin is in the long term," said Mark Connors, head of research at 3iQ. "It's a big deal."
Btc dominance has reached a level that has not been seen in almost two years, suggesting that traders and investors are flocking to the relative safety of the world's first and largest crypto over other smaller tokens. Bitcoin dominance, or a percentage of the total crypto market capitalization that Btc represents, has reached 49.5%. In April of this year, Bitcoin dominance touched 45.65% but had been swinging in a range. Since last week, however, its dominance has been on the rise. It comes at a time when the US. Sec. has declared several tokens as unregistered securities in its lawsuits against crypto exchanges Binance and Coinbase — claiming that most tokens are securities. Since then, the prices of many mentioned tokens have declined. Meanwhile, btc price has been relatively stable.
In my 10+ years of Crypto exp. I have made so many mistakes that have cost me a lot of money. Here are the 3 most common mistakes that 99% of investors make that prevent them from accumulating great wealth.
1️⃣ Overestimating your Alpha
▶️ Sometimes we overestimate our alpha and just keep investing more and more. Even if the project performs well, what's the benefit for you if you have not booked any profit
2️⃣ Thinking you are early
▶️ If you really know whether you are early or not, then
- Follow on chain movement. -Research about the project even before tokens are available
3️⃣ A big VC invested
▶️ If you think that any project is backed by some big VCs, then it will not fail. Always remember that they are humans and can make mistakes too.
#new Polygon 2.0 is the culmination of over a year of collaboration between Polygon Labs, developers, researchers, applications, node operators, validators, and the broader Polygon and Ethereum communities.
Given the huge scope of Polygon 2.0, we will be detailing all its components over the coming weeks via a series of blog posts, community meets, AMAs with the founders and engineers, and more
Now Polygon ecosystem has a formal governance process, which continues to expand to empower the community, the role of builders, creators and all others in the Polygon ecosystem is more meaningful than ever. Stay tuned, get familiar with Polygon 2.0 in its entirety and join the conversation. Only the Polygon community, who controls the Polygon protocol, has the right to accept and implement Polygon 2.0. Let’s start the next chapter
However, as the markets recover, XRP tokens are on the rise once again. The coin experienced a massive price surge in Q2, 2023, reaching around $0.50. The SEC charged the platform in 2020, and if the court rules in XRP’s favor, the crypto will likely reach upto $3 once again.
The lawsuit focused on potential problems if Ripple lost the case, including huge financial penalties.
good news for xrp holder's
These factors will likely result in a significant bull run for all XRP token holders. Some experts estimate that the XRP price could match previous all-time highs of $3.84 hours after the court decision. However, the most optimistic token holders put the XRP coin at $21.84 by late 2023 or early 2024, bringing investors huge returns
Crypto.сom [CRO] is winding down its U.S. Institutional Business
Singapore-based crypto exchange Crypto.сom $CRO will no longer be offering its services to institutional clients in the U.S., effective June 21st. The exchange cited limited demand from institutional customers in light of the current market landscape. Retail investors will not be impacted by this decision, said the firm, and will continue to be able to use the platform in the U.S.
According to our data, last 24hrs, @Binance net outflow is about $392m.
Our wallet addresses are public. Some 3rd party analytics measure Change in AUM (asset under management) in USD equivalent as outflow. This would include crypto price drops (which decrease AUM) as "outflow". They are 2 different things
#nigeria #SEC Nigeria regulator says local Binance operations 'illegal what you think about this. ?
Nigeria's markets regulator has ordered the world's largest cryptocurrency exchange Binance to halt its operations in the country, saying a local unit that courted Nigerian investors through a website was illegal.
"Binance Nigeria Limited is hereby directed to immediately stop soliciting Nigerian investors in any form whatsoever," the Securities and Exchange Commission (SEC) said in a statement dated June 9. It said the company was not registered or regulated, making it illegal.
The U.S. Securities and Exchange Commission this week sued Binance and Coinbase for allegedly breaching its rules. Last year, Nigeria's SEC published a set of regulations for digital assets.
#robinhood #holders Robinhood announced(opens in a new tab) on Friday that the company would be delisting all of the cryptocurrency tokens that trade on its platform that the SEC classified as unregistered securities. According to Robinhood, it will end support for the crypto tokens Cardano (ADA), Polygon (MATIC), and Solana (SOL) after June 27.
Users can buy and sell these tokens until then, and can transfer these tokens to other crypto wallets as well. However, after that date, any account holding Cardano, Polygon, or Solana in their Robinhood account will automatically sell the tokens and be credited with the funds
on Friday, Crypto.com announced that it would be shutting down one of its services its institutional exchange that the decision was made due to "lack of demand due to the market landscape in the U.S."
When faced with regulatory action from the SEC, companies typically have two paths to choose between a settlement or fighting the case in court. In a similar case, the SEC filed a lawsuit against Ripple in Dec.2020, alleging that the sale of its XRP token represented an unregistered securities offering. That case has been in the courts for years with no sign of resolution. Both Coinbase and Binance have clearly said that they will fight to the bitter end. This could be a lengthy process .
The good news is that we will now get an answer to the question of what constitutes security in crypto. The courts will hear arguments from both sides and will ultimately determine whether these assets are securities or not. This will bring much-needed clarity to the crypto industry
Robinhood To Delist Cardano, Polygon, and Solana Tokens
1.Robinhood (HOOD) has decided to delist certain crypto assets from its trading platform after the Securities and Exchange Commission deemed them unregistered securities.
2.Cardano (ADA), Polygon (MATIC), and Solana (SOL) will be delisted after being named in SEC lawsuits filed this week against crypto exchanges Binance and Coinbase (COIN). The lawsuits are part of a broader SEC effort to regulate cryptocurrency
important for holder 🔴 3.Users who still have ADAM, MATIC, or SOL in their Robinhood accounts on June 27 will have those assets automatically sold on the market.
4.The move by Robinhood comes days after these three crypto assets were referred to as unregistered securities by the SEC in lawsuits against Binance and Coinbase