Argentine President Javier Milei said: "If printing money could end poverty, then printing diplomas could end stupidity."
Javier Milei's quote highlights the inefficacy of simplistic solutions to complex problems, comparing the futility of printing money to eliminate poverty with that of distributing diplomas to eradicate ignorance. In monetary policy, excessive money printing often leads to inflation, reducing the currency's value and harming the economy. Conversely, cryptocurrencies propose a decentralized, finite supply model, aiming to avoid inflationary pressures. However, they also face criticism for volatility and lack of regulatory oversight. Thus, while both systems have their flaws, Milei's analogy underscores the need for more nuanced and sustainable economic strategies.
Be patient and stay persistent, don't panic with volatility, surf it while you can.
$BTC According to the market The current state of the market has greatly disappointed the bulk of investors. Everyone has bought pockets full of alts and is waiting for the alt season, but not everything is so simple... If we look at history, we will see that the altseason always begins at the moment when the majority of market participants no longer believe in its onset, lose hope in their accumulated assets and begin to record losses. There is a simple and clear reason for all this: a minority always makes money on the market, and at the moment ~95% of people who are in the market are already well-purchased and are waiting for their work. Seeing an altseason now is unreasonable and illogical, since in this case the majority of market participants will receive a profit, and such a scenario is unprofitable. Before getting into the altseason, you should thoroughly shake out the coins from weak hands that are not ready to expect a profit and, at the sight of a correction, sell at a loss. This is precisely the “fuel” that plays the most important role in further growth. Now we have very pleasant prices for gaining a position, but even taking this factor into account, we should not forget that the market can always give a new bottom, which few people expect now. #altcoins #BTC☀ #ETFEthereum
#ETHETFsApproved #PEPE has caught everybody attention! It appears that Pepe is making a significant return. After a rejection and retest of the previous all-time high (ATH), the price seems ready to fill in the gaps below. The rapid rise in funding suggests that a lot of traders are betting on the dip, which in turn is causing the price to keep dropping. It's a classic scenario where increased interest in short positions drives the market further down. It will be interesting to see how this plays out and whether PEPE can stabilize and find a new support level amidst all this volatility. Opinion based on opinions .. DYOR #altcoins $PEPE
The global financial situation is marked by significant uncertainty, with investors moving away from riskier assets and preparing for potential economic challenges. The interplay of monetary policy shifts, inflation concerns, and economic slowdown fears is driving market volatility. #SEC上诉
#stocks 1. 📉 Stocks Stocks are plummeting due to the Federal Reserve's unexpected decision to hold off on rate cuts. This has triggered widespread market uncertainty and a sell-off as investors seek to reduce risk amid economic concerns.
#OilPrice 2. 🛢️ Oil Prices Oil prices are dropping, indicating fears of an impending recession. Reduced demand forecasts and signs of economic slowdown are driving down prices, signaling potential economic distress.
#GoldRush 3. 🪙 Gold Prices Gold prices are also falling, suggesting investors anticipate rate hikes. As higher rates reduce the appeal of non-yielding assets, investors are moving away from gold in favor of assets that perform better in such environments.
#BTC☀ 4. ₿ Bitcoin Bitcoin's sharp drop indicates a significant decline in risk appetite. Investors are fleeing high-risk assets, seeking stability amid increasing market volatility.
5. 🔥 Natural Gas Prices Natural gas prices are falling, pointing to reduced demand. This could be due to lower industrial activity or mild weather conditions reducing heating needs, indicating a potential economic slowdown.
#ETHETFS #BTCETFS This is a monumental moment for the entire crypto community. 🍻 To everyone who stayed strong and believed in $CRYPTO when others doubted, your perseverance is paying off! 🌟🚀 We're on the brink of mass adoption, and with it, we can expect more refined taxation systems and a solidified place for cryptocurrencies in the global economy. Exciting times ahead! 💚📈👏 $ETH
19b-4 has definitely passed, but this does not mean that the ETH spot ETF can be listed, because S-1/S-3 is still needed.
No need to wait, because 19b-4 has passed, it means that the ETH spot ETF has definitely passed, and it will be listed sooner or later.
Thanks to the partners who participated tonight, we once again witnessed a moment of history. We witnessed together that another US stock will definitely appear in the next step of encryption. From now on, BTC is no longer alone, and ETH will always accompany it. Encryption is really infinite. Things that have been difficult for the past two months have suddenly gone so smoothly. Everything is worth it. #ETHETFS #altcoins #BTC $ETH
$ETH Arbitrum (ARB) Price Moves: What’s Next? Arbitrum (ARB) has seen a mix of ups and downs. In the past week, ARB grew by 18.31% but it actually fell slightly by 2.80% over the last month. Over six months, the coin managed an increase of 11.97%. ARB now trades between $0.91 and $1.06. It’s above the 10-day average price of $1.16, but still lower than the 100-day average of $1.09. The RSI is near 58, suggesting moderate movement, while a high stochastic value points to possible overbuying. With strong momentum signs from the MACD, ARB could be ready for more action. Watch for a push towards resistance at $1.14, but if it falls, it might find support at $0.84. #ARB🔥🔥🔥
#pizzaday Bitcoin Pizza Day: Fourteen years ago today Laszlo Hanyecz paid 10,000 Bitcoin for a pizza, marking the first commercial transaction made using the cryptocurrency. And with it, Bitcoin Pizza Day was born.
The Florida-based programmer, aged 28 at the time, posted a pizza order in a Bitcoin Talk Forum on May 22, 2010. He wanted a pizza delivery “where I don’t have to order or prepare it myself, kind of like ordering a ‘breakfast platter’ at a hotel or something, they just bring you something to eat and you’re happy!”
Pizza Set the Stage for Bitcoin Revolution
Hanyecz offered 10,000 bitcoin (BTC) to the person who would bring him the pizzas. “I’ll pay 10,000 bitcoins for a couple of pizzas … like maybe 2 large ones so I have some leftover for the next day. I like having leftover pizza to nibble on later,” he said. “You can make the pizza yourself and bring it to my house or order it for me from a delivery place, but what I’m aiming for is getting food delivered in exchange for bitcoins…” Jeremy Sturdivant, a California student who was 19 at the time, took up the offer and brought Hanyecz two large pizzas from Papa John’s for 10,000 Bitcoin. The deal, which has since been mythologized as Bitcoin Pizza Day, has earned notoriety over time because 10,000 BTC, worth about $41 at the time, is now worth $700 million at existing prices. More importantly, Pizza Day marked the first time Bitcoin, first mined by its pseudonymous founder Satoshi Nakamoto on January 3, 2009, was ever used in a commercial transaction. The transaction spawned an industry that is now valued at $2.7 trillion. 11 years ago today, a very hungry programmer, Laszlo Hanyecz, paid 10,000 bitcoin for two Papa John's pies, marking the very first bitcoin pizza transaction, ever. Considering today’s bitcoin value, that trade is worth roughly $613 million. Happy #pizzaday $BTC
Binance MegaDrop introduces Lista (#LISTA ) as its second project, offering users early access to this liquid staking and decentralized stablecoin protocol. 100 million LISTA tokens will be distributed to eligible participants through BNB locking or completing Web3 Quests.
Users can join by logging into their Binance accounts, enrolling in $BNB Locked Products, and completing designated Web3 Quests to earn scores for fair reward distribution. #Lista #ListaDao #CryptoNewsCommunity #BinanceSquareFamily $BTC
$BTC $ETH $BNB 🛑🛑🛑 Urgent update breaking news 🔴🏛️ 🇺🇸 The US House of Representatives passes a bill to ban the Federal Reserve from creating a central bank digital currency (CBDC). 🛑🛑🛑 Any news or information issued by me is not advice, so do not forget to use DYOR
Verify Payment: Ensure the payment has been received in your account and confirmed by your bank before releasing any cryptocurrency. 🏦 Use Binance Escrow Service: Utilize Binance's escrow service to guarantee that both parties fulfill their obligations. 🛡️ Check User Ratings and Feedback: Review the ratings and feedback of the person you are trading with to assess their reliability. 🌟 Secure Your Account: Enable two-factor authentication (2FA) and other security measures to protect your Binance account. 🔒 Communicate Within the Platform: Keep all communications within Binance's P2P platform to maintain an official record in case of disputes. 🗨️ Be Cautious of Phishing Attempts: Always check URLs and ensure you are logging into the official Binance website. Avoid clicking on suspicious links. 🚨 Reporting Scams If you encounter any suspicious activity or fall victim to a scam, report it to Binance support immediately. Providing detailed information and evidence can help Binance take action against the scammer and possibly recover your funds. Staying informed and cautious is key to avoiding scams on any P2P trading platform. #P2PScamWarning #BTC☀ $BTC $ETH $BNB