🚀 Bitcoin has rocketed past 109k, smashing ATHs! Where's it going next? Drop your prediction for this week's $BTC closing price in the comments of this post 👇 🎁The top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now! *Campaign Period: 2025-01-20 07:30 to 2025-01-26 20:00 (UTC) ‼️Ensure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry. Terms and Conditions: This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod. Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-26 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at 2025-01-26 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of same predictions by multiple users, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 14 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant. Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelinesor Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.
#Share1BNBDaily An ETF (Exchange-Traded Fund) is a type of investment fund that holds a collection of assets, such as stocks, bonds, commodities, or other securities, and is traded on a stock exchange, similar to individual stocks. ETFs offer investors a way to diversify their portfolio by investing in a broad range of assets without having to buy each one individually.
Key features of ETFs include:
1. Liquidity: ETFs can be bought and sold throughout the trading day at market prices, just like stocks.
2. Diversification: ETFs allow investors to gain exposure to a variety of assets within a single investment, reducing risk.
3. Lower Costs: ETFs generally have lower management fees compared to mutual funds.
4. Transparency: Many ETFs disclose their holdings regularly, allowing investors to know exactly what they own.
ETFs come in various types, including equity ETFs (focused on stocks), bond ETFs (focused on bonds), sector ETFs (focused on specific sectors of the economy), and commodity ETFs (focused on commodities like gold or oil).
GMT DAO refers to a decentralized autonomous organization (DAO) associated with GMT, the governance token of the Green Metaverse Token (GMT) project, which is focused on building a decentralized ecosystem for metaverse and blockchain-based activities. The GMT DAO aims to enable decentralized decision-making, governance, and community-driven management within the Green Metaverse ecosystem.
Here’s a breakdown of GMT DAO and its key components:
1. The Green Metaverse Token (GMT)
The Green Metaverse Token is a utility token used in the Green Metaverse, a project designed to combine sustainability efforts with the world of virtual environments. The GMT project connects blockchain, decentralized finance (DeFi), and sustainability, helping users take part in eco-friendly and socially responsible activities while participating in virtual economies.
The GMT token plays a pivotal role within this ecosystem, serving as the primary medium for transactions, rewards, and governance. It’s a deflationary token, meaning that over time, a portion of the token supply may be burned or removed from circulation.
2. Governance Through the GMT DAO
The GMT DAO is designed to be the governance body of the Green Metaverse project, where holders of GMT tokens can participate in important decisions related to the ecosystem’s development. The DAO model is decentralized, meaning that decision-making is distributed across the community, rather than controlled by a central authority.
Through the GMT DAO, token holders can:
Vote on Proposals: Community members can submit proposals for changes, new initiatives, or updates within the Green Metaverse ecosystem. Token holders vote on these proposals, and the ones that receive enough support are implemented.
Control Key Decisions: From project upgrades and tokenomics to community incentives and partnerships, the GMT DAO puts power in the hands of its members, ensuring that the ecosystem evolves according to the collective will of its users.
Bitcoin has experienced one of its worst sell-offs in its history, plummeting in price by nearly 20 per cent over the last 24 hours to take it to its lowest level in six months. Several other leading cryptocurrencies have suffered even worse downfalls, with eight of the top 10 most valuable tokens falling by more than 20 per cent since Sunday. The losses have totaled more than $300 billion for the combined crypto market, leading to fears among investors that the bull market that began in November 2022 may be coming to an end. The crypto market downturn can be pinpointed to broader economic turmoil, which has seen massive losses for stock markets across Europe and Asia on Monday. When traditional financial markets begin to tumble, the crypto market typically mimics the downward movement as investors look to offload risky and volatile assets. “Risk assets nosedived during the Asian trading session on Monday as a weaker US jobs report and higher unemployment rate from Friday, and a rising Japanese yen following the Bank of Japan’s recent interest rate hike, caused investors to flee risk assets,” said Simon Peters, a crypto analyst at the online trading platform eToro, who said that technical indicators may suggest bitcoin has bottomed out ahead of a potential recovery.
“It is possible we could see a rebound from here over the coming days, as to how high the price will rebound we have to wait and see,” he added.The most recent slide began when weak jobs figures in the US last week prompted concerns that the world’s largest economy was slowing down. It led to a record-breaking drop of 12.5 per cent for Japan’s Nikkei 225 on Monday, while the FTSE 100 and Euronext 100 also fell by between two to three per cent.
In Donald Trump's Own Words – a Partial Transcript of His Bitcoin 2024 Speech Trending (The following excerpts from former President Donald Trump's speech – aided by AI transcription – focus on portions of his remarks in Nashville, Tenn., in which he addressed crypto and the industry directly.) Donald Trump: Our country is blessed to have the extraordinary talent, energy and genius represented in this room. It really is great genius. Not all of you, but most of you, many of you, this is the kind of spirit that built America. This is the spirit that's going to help us make America great again. That's what we're doing. I stand before you today filled with respect and admiration for what the Bitcoin community has achieved. It's incredible, actually, I sort of say to my sons, it's like incredible, because they do so much about– it is so they're so aware of it, much more so than people that are a little bit older. But I say this is the steel industry of 100 years ago, really is. I think you're just in your infancy. I can see it happen. In just 15 years, Bitcoin has gone from merely an idea posted anonymously on an internet message board to being the ninth most valuable asset anywhere in the world. Can you believe that? Is that right? That's a big deal. Think of that. It's already bigger than Exxon Mobil. Soon it will be surpassing the entire market cap of silver. It's not bad about gold. How about gold? Let's go gold. … One day it probably will overtake gold, but based on the way it's going now, it could very well be a possibility. There's never been anything like it, and I don't think you've ever seen anything like it, and most people have no idea what the hell it is. You know that, right? So what happens when they figure it out? That's going to really be something? Bitcoin is not just a marvel of technology, as you know, it's a miracle of cooperation and human achievement and a lot of relationships that are formed. They just did a meeting, a roundtable, with a lot of the leaders, and it's amazing. There's a great camaraderie. It's really interesting.