#BinanceMegadropSolv
MEGADROP SOLV GUIDE
Guidelines for participating in the Binance Megadrop Solv Protocol (SOLV)
⏰ Megadrop time: 07:00 on 07/01 - 06:59 on 16/01/2025 (Vietnam time)
⏰ Listing time: 17:00 on 17/01/2025
Solv Protocol is a Bitcoin staking protocol within the Babylon ecosystem. The project has recently been controversial, claiming to stake BTC in Babylon but the assets were transferred elsewhere. However, the Megadrop tasks are simple and require low capital, you may consider participating!
There are 2 ways to participate in the SOLV Megadrop:
1. Lock BNB
• Lock a certain amount of BNB at Simple Earn during the snapshot period to earn reward points.
• The larger the amount of BNB and the longer the lock time, the higher the reward points.
• Snapshot time: 07:00 on 07/01 - 06:59 on 16/01/2025 (Vietnam time).
2. Complete Web3 tasks
• Task: Stake 0.0001 BTCB on Solv Protocol.
⚠️ Important notes
• The Megadrop task page will be opened on the Binance app at 03:00 tomorrow morning.
• Locking BNB is not mandatory. If you do not lock BNB, you can still participate in the Megadrop, but your reward points will be lower and you will receive fewer tokens compared to those who lock BNB.
• Rewards: To be distributed at 13:00 on 17/01/2025 (4 hours before listing).
Please consider and good luck!

🎉

The time is still okay but I am breathing oxygen

You have faded away

Are these 3 okay, guys?
#FET #NEAR #ICP

#BitcoinHashRateSurge
I just looked through the cryptocurrency market today, and I have to say that the sentiment is quite fluctuating. The prices are like a roller coaster; when they go up, it's like a party, and when they go down, it's as sad as a rainy day without an umbrella. To be honest, this market is truly meant for those with strong hearts.
As for the cryptocurrency mining rate, it used to be much easier. Back then, just an average computer was enough to mine one Bitcoin. How about now? Even powerful computers might not guarantee success; you need a strong mining rig. In the near future, it will likely be even harder, as the supply becomes increasingly scarce.
Oh, and mining cryptocurrency is like the phrase 'digging for gold', but here it's machine mining, not human mining!

#MarketRebound Before the Christmas holiday, coins showed signs of recovery. Perhaps this is a gift from Santa Claus to coin-holders.
Those who have successfully caught the bottom can close a small amount to have money to play the holiday for fun.
At present, FOMO or using high leverage is probably not recommended.$ETH $DOT $DOGE

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#ChristmasMarketAnalysis
The Madness of the New Year 🤪
Good afternoon. Based on the current situation of the market, we see quite an interesting scenario, the market is in the red. Many people have not locked in their positions (including myself) and are currently facing losses (I bought at the end of 2021 and I'm still at a loss). I believe the current situation may be manipulated. My thoughts: The New Year is ahead 🎄 it makes sense for people to sell cryptocurrencies and withdraw money to buy gifts, holiday tables, etc. And for whales, this is an opportunity to buy at a discount and they are organizing this sale. To prevent us from relaxing too much and making too much money, the market has been pushed down. Those who bought in a euphoric state, reached their peak with their last funds, those who are in difficult circumstances and have no money outside of cryptocurrency for the New Year 🎅 will have to sell their cryptocurrencies (and I'm sure there are enough people like that as well). And this is the sale, some cannot bear the fear and also sell. In the future, when growth continues and we see new ATHs from those who sold, the feeling of FOMO will arise, this is the catalyst for new purchases.
I want to say right away that this is just my opinion. I am not a professional trader, not a millionaire (not yet 😁). I am a regular resident of Binance and a long-term HODLer.
X20 sending everyone best wishes for the New Year! 🎄🎊🎅🪅

#BTCOutlook Data provided indicates that a short position worth $91,500 has been liquidated on
Bitcoin ($BTC ) at a price of $96,714.80.
Here’s what it means:
1. Short position: The trader bets on the price of Bitcoin to decrease.
2. Liquidation: The price of Bitcoin rises to a level where the trader's margin
(collateral) is insufficient, and the exchange is forced to close the position to prevent further losses.
3. $BTC Price at liquidation: $96,714.80.
This implies that the price of Bitcoin has exceeded the level at which the short position could remain active, resulting in a loss for the trader who opened the position.
Note: This specific liquidation figure is high, indicating significant leverage or large capital involvement.
The mentioned BTC price appears unusually high compared to historical prices (as of 2024), which may indicate a typographical error or a specific market scenario (e.g., simulated trading or an error).
#BTCNextMove
#USUALAnalysis
#CorePCESignalsShift
#ElSalvadorBTCReserve
#USJoblessClaimsFall
$BTC

#BTCNextMove The U.S. Federal Reserve (Fed) announced that it does not want to build a reserve warehouse, causing bitcoin to unexpectedly plummet and drop more than $5,000, falling below $100,000.
According to data from CoinMarketCap, the price of bitcoin is declining after the Fed's decision. In the past 24 hours, the largest cryptocurrency in the world has decreased by more than $5,000 and has fallen below the important psychological threshold of $100,000. This reflects a strong sell-off trend from investors due to concerns about the Fed's policies.
The Fed has just decided to continue easing monetary policy. Accordingly, the U.S. reference interest rate has been reduced by 0.25 percentage points to 4.25-4.5%.
This information should have been beneficial for gold, stocks, and bitcoin; however, in his speech after the meeting, Fed Chairman Jerome Powell expressed a cautious view regarding monetary policy in 2025.
Specifically, Mr. Powell stated that the Fed would cut interest rates more slowly in 2025. This information triggered a strong sell-off across most global financial markets.
When responding to a question about the idea of the U.S. government planning to establish a strategic BTC reserve during President Donald Trump's term, the Fed chairman said that the agency is not allowed to own bitcoin according to the Federal Reserve Act. He also emphasized that they do not intend to amend the law to participate in building a digital currency reserve based on the above idea.
$BTC $BNB

#MarketCorrectionBuyOrHODL (Dan Tri) - The Federal Reserve (Fed) has decided to cut the federal funds rate by 0.25 percentage points to a range of 4.25-4.5%. The path for rate cuts in the coming year may be a "difficult puzzle" for the Fed Chair. The Fed has decided to continue easing monetary policy. Accordingly, the U.S. benchmark interest rate is reduced by 0.25 percentage points to 4.25-4.5%. The agency has reduced rates three consecutive times. The previous two reductions were by 0.5% and 0.25%, respectively. "Economic activity continues to grow steadily. The unemployment rate is low and inflation is rising moderately," the Federal Open Market Committee (FOMC) of the Fed commented in the announcement. They stated that they will carefully consider upcoming data regarding both the outlook and risks in making interest rate decisions. This raises doubts about the Fed halting rate cuts at the January 2025 meeting. Next year, Fed officials expect to only cut rates twice, each time by 25 basis points. They also raised their inflation forecast for the first year of President Donald Trump's term from 2.1% to 2.5%. This rate is higher than the Fed's target of 2%. Experts believe that inflation remains a concerning issue for policymakers in this meeting. Although it has significantly decreased from a 40-year high in mid-2022, inflation has remained around 2.5-3% for most of this year. Meanwhile, the Fed has set an inflation target of 2%. "Let's wait and see what the data shows. A 25 basis point adjustment usually does not determine the current situation. But I think it is time to signal to the markets and the public that they have not taken their eyes off the inflation ball," said Esther George.

#MarketCorrectionBuyOrHODL 🙂🙂

#MarketCorrectionBuyOrHODL 🙂🙂🙂

On the afternoon of December 18, the world's leading exchange Binance encountered a serious problem when it mistakenly posted a fake Telegram link containing information about 5 projects that were said to be on the list to be announced by the Binance Alpha feature today.
The information was immediately spread by KOLs and major news sites, creating a wave of buying, pushing the prices of the tokens on the list to skyrocket in just a few minutes. Notably, ELIZA, an AI Agents token on Solana, increased in value by more than 100% in just a few minutes.
Binance co-founder Yi He quickly denied the authenticity of this Telegram group, asserting that it was a fake group and had nothing to do with Binance. The statement caused the prices of these tokens to drop sharply, returning to near their original prices.
Binance China also spoke up to correct, affirming that the list of the first 5 tokens on Binance Alpha has not been announced yet, calling on users to be vigilant and not to believe any information before an official announcement from Binance. To avoid further confusion, Binance China also shared the official Telegram link of Binance Wallet Community.
Binance Alpha is a new feature integrated into Binance Wallet, introducing and providing early investment opportunities in early-stage crypto projects with potential for development in the Binance ecosystem.
At the time of writing, Binance has only "teased" 5 "mysterious" projects, including 3 projects on BNB Chain, 1 project on Solana and 1 project on Base. The list of the first 5 projects on Binance Alpha will be officially announced at 5:00 p.m. on December 18, 2024 (Vietnam time).$BNB

President Trump has announced plans to create a strategic bitcoin reserve for the country and aims to make the U.S. a powerhouse in digital currency. However, he has yet to provide detailed information on what will be done.
Experts also point out that this plan will face strong opposition from the Fed. There is skepticism among experts regarding the monetary authority's stance on digital assets.
Chairman Jerome Powell has stated that the Fed is focused solely on regulating and supervising banks. He also emphasized that the Fed will not directly regulate digital currency.
Previously, investors anticipated that this agency would lower interest rates by a similar margin, so they focused on the monetary policy announcement and the Fed's press conference for clues about future operational trends.
"Economic activity continues to grow steadily. The unemployment rate is low, and inflation is rising moderately," the Federal Open Market Committee (FOMC) of the Fed remarked in a statement. They indicated that they would carefully consider upcoming data, both regarding prospects and risks, to make interest rate decisions.
This raises doubts about the Fed stopping interest rate cuts at the January 2025 meeting. Next year, Fed officials expect to cut interest rates only twice, by 25 basis points each time. They also raised the inflation forecast for the first year of President Donald Trump's term from 2.1% to 2.5%. This rate is higher than the Fed's 2% target.$BTC

$BNB
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Cryptocurrency plummets as Fed does not want to hold Bitcoin
The Fed Chair stated that they do not want to build a Bitcoin reserve, causing the cryptocurrency to drop more than 6% below $100,000, with many smaller cryptocurrencies experiencing significant declines.
After about three days hovering around $105,000, having at one point set a record of over $108,268 per unit, last night Bitcoin (BTC) plunged nearly back to $104,000.

By around 9:15 AM, the $100,000 mark was broken, and Bitcoin fell to around $99,500 per unit. This is the lowest level in the past 7 days and represents a decrease of more than 6% compared to the same period the previous day.

Smaller market capitalization cryptocurrencies also saw significant price drops. Ether lost more than 6% in market value. XRP, Solana, Dogecoin, ADA, and LTC dropped nearly 10%.
The market fell as the Federal Reserve (Fed) signaled a slowdown in monetary easing next year after cutting interest rates by another 0.25% (or 25 basis points). Previously, investors had anticipated a similar rate cut, so they focused on the monetary policy statement and the Fed's press conference for clues about future policy direction.

"The economy is still growing steadily. The unemployment rate is low, and inflation is rising moderately," the Federal Open Market Committee (FOMC) of the Fed remarked in a statement. They indicated that they will carefully consider upcoming data, both in terms of outlook and risks, to make decisions on interest rates.$BTC