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Khan_Amin
@Khan04
I’m a Binance user and academy member And will be the future Trader soon 😎
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Binance Market Update (2024-05-31)
The global cryptocurrency market cap now stands at $2.57T, down by -1.42% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $67,460 and $69,500 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $67,923, up by 0.51%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include BEAMX, JASMY, and ORDI, up by 36%, 20%, and 17%, respectively.

Top stories of the day:

KPMG Foresees Coexistence of Multiple Digital Currencies in Financial Market over Next Decade

CryptoQuant CEO: Bitcoin's Market Atmosphere Mirrors Mid-2020, $1 Billion Daily Additions to New Whale Wallets

Global Cryptocurrency Ownership Expected To Reach 562 Million By 2024

US Bitcoin Spot ETF Sees Net Inflow of $48.8 Million

Expectations for Fed Rate Cut Increase Amid Weak GDP Data; April's PCE Inflation Index Eyed

Spot Ethereum ETF Likely To Launch In The US By June 

QCP Capital: BTC Successfully Holds $67,100 Level; Launch of ETH Spot ETF May Offer Benefits 

SEC Calls for Amended S-1 Form from Potential Spot Ethereum ETF Issuers 

JPMorgan Chase: Ethereum Spot ETF Might Garner $3B in Inflows in 2021, Doubling if Staking is Permitted 

Grayscale Follows BlackRock's Lead, Files Amended S-3 Registration Statement

Market movers:

ETH: $3735.3 (+0.29%)

BNB: $592 (+0.25%)

SOL: $166.49 (+0.85%)

XRP: $0.5189 (+0.31%)

DOGE: $0.15885 (+0.39%)

ADA: $0.4474 (-0.31%)

SHIB: $0.00002571 (-1.19%)

AVAX: $35.91 (+0.03%)

WBTC: $67873.57 (+0.45%)

LINK: $17.85 (-2.03%)

Top gainers on Binance:

BEAMX/USDT (+36%)

JASMY/USDT (+20%)

ORDI/USDT (+17%)
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Participate in #EarnFreeCrypto2024 and win up to 500 FDUSD! Dive into our #EarnFreeCrypto2024 campaign to seize a chance to win up to 500 FDUSD! 💰 Post an informative article on Binance Square, outlining your top 6 strategies for earning free cryptocurrency in 2024. Dive into techniques like airdrops, particularly highlighting Binance's Megadrop, tools like Binance
Participate in #EarnFreeCrypto2024 and win up to 500 FDUSD!
Dive into our #EarnFreeCrypto2024 campaign to seize a chance to win up to 500 FDUSD! 💰 Post an informative article on Binance Square, outlining your top 6 strategies for earning free cryptocurrency in 2024. Dive into techniques like airdrops, particularly highlighting Binance's Megadrop, tools like Binance
The US Giant Company Listed on Nasdaq Announced That It Purchased a Large Amount of Bitcoin! American health technology company Semler Scientific announced that it purchased 581 #Bitcoins for a total of $40 million. According to Prnewswire, the company also stated that it started accepting Bitcoin as a reserve asset. Eric Semler, president of Semler Scientific, said in a statement: “Our adoption of #Bitcoin as a reserve asset and our purchase of #BTC underscores our belief that Bitcoin is a reliable store of value and an attractive investment. Bitcoin is now a major asset class with a market capitalization of more than $1 trillion. We believe it has unique properties as a scarce and finite asset that can serve as a reasonable inflation hedge and safe haven amid global instability. In addition, features such as digital and architectural durability make #Bitcoin preferable to gold, which has a market value of approximately 10 times. Given the difference in value between gold and Bitcoin, we believe #Bitcoin has the potential to generate huge returns as it becomes increasingly accepted as digital gold. We are also empowered by the growing global acceptance and 'institutionalisation' of Bitcoin; This is reflected in the latest SEC approval of 11 Bitcoin exchange-traded funds in January 2024.” #BTC
The US Giant Company Listed on Nasdaq Announced That It Purchased a Large Amount of Bitcoin!

American health technology company Semler Scientific announced that it purchased 581 #Bitcoins for a total of $40 million. According to Prnewswire, the company also stated that it started accepting Bitcoin as a reserve asset.

Eric Semler, president of Semler Scientific, said in a statement:
“Our adoption of #Bitcoin as a reserve asset and our purchase of #BTC underscores our belief that Bitcoin is a reliable store of value and an attractive investment.

Bitcoin is now a major asset class with a market capitalization of more than $1 trillion. We believe it has unique properties as a scarce and finite asset that can serve as a reasonable inflation hedge and safe haven amid global instability.

In addition, features such as digital and architectural durability make #Bitcoin preferable to gold, which has a market value of approximately 10 times.

Given the difference in value between gold and Bitcoin, we believe #Bitcoin has the potential to generate huge returns as it becomes increasingly accepted as digital gold.

We are also empowered by the growing global acceptance and 'institutionalisation' of Bitcoin; This is reflected in the latest SEC approval of 11 Bitcoin exchange-traded funds in January 2024.”
#BTC
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