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#ChristmasMarketAnalysis
What happened to the Christmas rally of Bitcoin?
Historically, Bitcoin has experienced significant price increases during several Christmas seasons.
The behavior of Bitcoin (BTC) in the past is often used to try to anticipate future behaviors.
This is why many investors, traders, and market analysts expected the digital currency created by Satoshi Nakamoto to have a bullish rally that would take it to new heights, precisely around this time.
The trader who identifies on the social network X as "Mister Crypto" wrote on December 11: "Bitcoin always goes parabolic around Christmas in halving years. This time will be no different."
Perhaps Bitcoin will surprise us tomorrow, but at least, up to the moment of writing this article, no Christmas rally is occurring. On the contrary, Bitcoin is closer to 90,000 dollars than to its all-time high of 108,000 dollars.
What happened to the Christmas rally of Bitcoin?
Historically, Bitcoin has experienced significant price increases during several Christmas seasons.
The behavior of Bitcoin (BTC) in the past is often used to try to anticipate future behaviors.
This is why many investors, traders, and market analysts expected the digital currency created by Satoshi Nakamoto to have a bullish rally that would take it to new heights, precisely around this time.
The trader who identifies on the social network X as "Mister Crypto" wrote on December 11: "Bitcoin always goes parabolic around Christmas in halving years. This time will be no different."
Perhaps Bitcoin will surprise us tomorrow, but at least, up to the moment of writing this article, no Christmas rally is occurring. On the contrary, Bitcoin is closer to 90,000 dollars than to its all-time high of 108,000 dollars.
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You have to wait after an hour the counting starts
For those knowledgeable about the topic, I have a question regarding the USUAL Launchpool. I saw a countdown and how many cryptocurrencies I was gaining, but here in #BIOCoin , everything is static and I don't see any increase.
For the critics of why I don't hold with BNB, it's because I am waiting for the drop to buy again.
#BioLaunchpool
For the critics of why I don't hold with BNB, it's because I am waiting for the drop to buy again.
#BioLaunchpool
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#BTCOutlook
Europe bids farewell to USDT and USDC takes over
Starting December 30, all exchanges in the European Union must remove USDT from their listings.
As of December 30, the European Union will fully implement the Regulation on Crypto-Asset Markets (MiCA Law), sidelining one of the most widely used stablecoins globally: USDT.
This change opens the door to USDC and EURC, issued by Circle, consolidating a new balance in the European cryptocurrency market.
With a market capitalization close to $163 billion, USDT, the world's largest stablecoin issued by Tether, has been a benchmark in the trading of crypto-assets.
However, compliance with the strict provisions of the MiCA Law has proven impossible for the issuance of this token. The regulation requires that all stablecoins listed on centralized exchanges be issued by entities that hold electronic money licenses and maintain at least two-thirds of their reserves in an independent bank.
Europe bids farewell to USDT and USDC takes over
Starting December 30, all exchanges in the European Union must remove USDT from their listings.
As of December 30, the European Union will fully implement the Regulation on Crypto-Asset Markets (MiCA Law), sidelining one of the most widely used stablecoins globally: USDT.
This change opens the door to USDC and EURC, issued by Circle, consolidating a new balance in the European cryptocurrency market.
With a market capitalization close to $163 billion, USDT, the world's largest stablecoin issued by Tether, has been a benchmark in the trading of crypto-assets.
However, compliance with the strict provisions of the MiCA Law has proven impossible for the issuance of this token. The regulation requires that all stablecoins listed on centralized exchanges be issued by entities that hold electronic money licenses and maintain at least two-thirds of their reserves in an independent bank.
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#BTCNextMove
One of the largest oil companies ventures into Bitcoin mining
Halliburton (HAL), one of the largest oilfield services companies in the world, announced on December 18, 2024, its partnership with 360 Energy, a company that transforms natural gas into an energy solution for various applications. Among them, Bitcoin (BTC) mining.
Halliburton, founded in 1919 and headquartered in Texas, United States, is responsible for providing services and products for the exploration, production, and processing of oil and gas.
On the other hand, 360 Energy, also located in Texas, is dedicated to capturing natural gas that would otherwise be wasted at natural gas extraction sites or oil fields. Part of that energy generation is used by 360 Energy to mine Bitcoin.
360 Energy employs a technology called "in-field computing" that converts this waste gas into energy to power modular data centers and support intensive computing operations, such as Bitcoin mining.
This technology performs computing processes directly at the location where the energy resource is found. Natural gas is a byproduct that cannot be easily transported due to the lack of infrastructure or because processing costs exceed its market value.
In these cases, the gas is flared or released into the environment, causing waste and greenhouse gas emissions.
Instead of wasting that gas, 360 Energy uses it to generate electricity on-site through portable generators and subsequently market it. That electricity powers data centers or specialized equipment, such as the hardware used by Bitcoin miners, ASICs (application-specific integrated circuits), to perform their computational tasks.
One of the largest oil companies ventures into Bitcoin mining
Halliburton (HAL), one of the largest oilfield services companies in the world, announced on December 18, 2024, its partnership with 360 Energy, a company that transforms natural gas into an energy solution for various applications. Among them, Bitcoin (BTC) mining.
Halliburton, founded in 1919 and headquartered in Texas, United States, is responsible for providing services and products for the exploration, production, and processing of oil and gas.
On the other hand, 360 Energy, also located in Texas, is dedicated to capturing natural gas that would otherwise be wasted at natural gas extraction sites or oil fields. Part of that energy generation is used by 360 Energy to mine Bitcoin.
360 Energy employs a technology called "in-field computing" that converts this waste gas into energy to power modular data centers and support intensive computing operations, such as Bitcoin mining.
This technology performs computing processes directly at the location where the energy resource is found. Natural gas is a byproduct that cannot be easily transported due to the lack of infrastructure or because processing costs exceed its market value.
In these cases, the gas is flared or released into the environment, causing waste and greenhouse gas emissions.
Instead of wasting that gas, 360 Energy uses it to generate electricity on-site through portable generators and subsequently market it. That electricity powers data centers or specialized equipment, such as the hardware used by Bitcoin miners, ASICs (application-specific integrated circuits), to perform their computational tasks.
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#MarketCorrectionBuyOrHODL
United States: Ohio, Pennsylvania, and Texas plan the creation of a Bitcoin State Reserve
Ohio State Representative Derek Merrin has introduced Bill 703, known as the Ohio Bitcoin Reserve Act, in an attempt to authorize the state treasurer to invest public funds in BTC.
Ohio State Representative Derek Merrin has introduced Bill 703, known as the Ohio Bitcoin Reserve Act, in an attempt to authorize the state treasurer to invest public funds in BTC.
The latest initiative is announced as part of Merrin's broader vision to leverage innovative financial solutions. The legislation provides the framework for Ohio to incorporate Bitcoin into its state treasury portfolio.
Merrin highlighted concerns about the current devaluation of the US dollar, positioning Bitcoin as a strategic reserve asset to preserve the value of state funds and complement the existing financial framework. Although the bill does not mandate the purchase of Bitcoin, it grants the State Treasurer the authority and flexibility to make such investments as part of asset allocation decisions.
United States: Ohio, Pennsylvania, and Texas plan the creation of a Bitcoin State Reserve
Ohio State Representative Derek Merrin has introduced Bill 703, known as the Ohio Bitcoin Reserve Act, in an attempt to authorize the state treasurer to invest public funds in BTC.
Ohio State Representative Derek Merrin has introduced Bill 703, known as the Ohio Bitcoin Reserve Act, in an attempt to authorize the state treasurer to invest public funds in BTC.
The latest initiative is announced as part of Merrin's broader vision to leverage innovative financial solutions. The legislation provides the framework for Ohio to incorporate Bitcoin into its state treasury portfolio.
Merrin highlighted concerns about the current devaluation of the US dollar, positioning Bitcoin as a strategic reserve asset to preserve the value of state funds and complement the existing financial framework. Although the bill does not mandate the purchase of Bitcoin, it grants the State Treasurer the authority and flexibility to make such investments as part of asset allocation decisions.
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Nice Binance
LIVE
Binance Square Official
--
Binance Square is pleased to introduce the launch of a new campaign on the Task Center on the Binance App. Users can complete simple tasks daily to unlock a share of $5,000 in USDC token rewards and earn Binance Points.
Activity Period: 2024-12-19 06:00 (UTC) to 2024-12-25 06:00 (UTC)
All eligible users can complete each of the following tasks once every day during the Activity Period.
Tasks:
1. Check in to Binance Square daily.*
2. Create a post with at least 100 characters using the limited-time hashtag (e.g., $BTC) OR selected trading pair.
3. For new Square users who have never posted on Square before the Activity Period, their first post will count as double (i.e., 2 participations).
Notes:
Limited-time hashtag and selected trading pair will be refreshed daily at 06:00 (UTC) and will run for 24 hours.
Completion of check-in AND creation of post (either with the hashtag OR the trading pair) counts as 1 participation. Users will need to complete both tasks within the 24-hour window for it to be counted as a valid entry.
Reward per Eligible Participant = Number of Tasks Completed / Total Number of Tasks Completed by All Participants * Reward Pool, capped at $10 per participant.
Terms & Conditions
This Activity may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the Activity Period in order for their entries to be counted as valid.
Users will receive a share of the reward pool and Binance Points upon completion of tasks and will be able to redeem their voucher and Points via Profile > Rewards Hub.
Token vouchers will be distributed within 21 working days after the campaign ends and expire 14 days after distribution. Points will expire on the last day of the same month a year later on a first-in, first-out basis.
Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards.
Activity Period: 2024-12-19 06:00 (UTC) to 2024-12-25 06:00 (UTC)
All eligible users can complete each of the following tasks once every day during the Activity Period.
Tasks:
1. Check in to Binance Square daily.*
2. Create a post with at least 100 characters using the limited-time hashtag (e.g., $BTC) OR selected trading pair.
3. For new Square users who have never posted on Square before the Activity Period, their first post will count as double (i.e., 2 participations).
Notes:
Limited-time hashtag and selected trading pair will be refreshed daily at 06:00 (UTC) and will run for 24 hours.
Completion of check-in AND creation of post (either with the hashtag OR the trading pair) counts as 1 participation. Users will need to complete both tasks within the 24-hour window for it to be counted as a valid entry.
Reward per Eligible Participant = Number of Tasks Completed / Total Number of Tasks Completed by All Participants * Reward Pool, capped at $10 per participant.
Terms & Conditions
This Activity may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the Activity Period in order for their entries to be counted as valid.
Users will receive a share of the reward pool and Binance Points upon completion of tasks and will be able to redeem their voucher and Points via Profile > Rewards Hub.
Token vouchers will be distributed within 21 working days after the campaign ends and expire 14 days after distribution. Points will expire on the last day of the same month a year later on a first-in, first-out basis.
Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards.
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#MarketNewHype
The explosive prediction of one of the top investors in Bitcoin: "It will soar to..."
This is one of the "whales" of the sector, who predicted that the star asset could approach $200,000.
As expectations grow around the price of Bitcoin and what could happen in December, one of the top investors in the crypto market assured that the asset could take off in the short term.
The volatility of Bitcoin is like fire. And some people flee from fire. But Henry Ford put fire in a carriage through an engine, created an entire industry, and gave wings to humanity," said Michael Saylor, the CEO of MicroStrategy, in dialogue with CNBC.
After reaching a new all-time high on Thursday, December 3 (at $103,900), the main cryptocurrency of the financial ecosystem fell below the $98,000 mark, although it is now positioned at $102,706.
The explosive prediction of one of the top investors in Bitcoin: "It will soar to..."
This is one of the "whales" of the sector, who predicted that the star asset could approach $200,000.
As expectations grow around the price of Bitcoin and what could happen in December, one of the top investors in the crypto market assured that the asset could take off in the short term.
The volatility of Bitcoin is like fire. And some people flee from fire. But Henry Ford put fire in a carriage through an engine, created an entire industry, and gave wings to humanity," said Michael Saylor, the CEO of MicroStrategy, in dialogue with CNBC.
After reaching a new all-time high on Thursday, December 3 (at $103,900), the main cryptocurrency of the financial ecosystem fell below the $98,000 mark, although it is now positioned at $102,706.
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#BitcoinKeyZone
What are crypto dollars or stablecoins in USD
Some stable cryptocurrencies are equivalent to 1 USD and allow for quick and easy transactions in dollars. USDT, USDC, DAI
There are thousands of cryptocurrencies. Each large network or project in the ecosystem has its own token. And those cryptocurrencies and tokens all have different prices. However, there are very important cases of cryptos designed to always be worth 1 USD: these are dollarized stablecoins, also called crypto dollars. And all the major ones in the ecosystem are available for trading on Ripio: USD Tether, USD Coin, Dai
What is a crypto dollar
Stablecoins are a variety of tokens whose price is linked to that of another asset. Some do this with gold, for instance, and therefore their price changes. In that sense, the “stable” aspect is the relationship with the asset: 1 token of PAX Gold, for example, will always be worth 1 ounce of gold, even though that ounce of gold changes its dollar value frequently.
But there are other cryptos that peg their parity to the US dollar, such as USD Tether (USDT), USD Coin (USDC), Dai (DAI), or Binance USD (BUSD), which ensure that one unit of theirs is worth and will always be worth 1 dollar. This makes them very important tools for trading, saving, buying crypto, trading predictably, or exploring blockchain developments.
What are crypto dollars used for
For general users, they allow for easy saving in dollars, the ability to make money transfers with a predictable conversion, and having a reference in traditional currency for the costs of navigating web3 or using dapps, for example.
For traders, they are a fundamental instrument as a pivot for transactions.
For holders, they are a safeguard tool during extended bear markets, and an instrument for programmed buying (for example, through DCA).
What are crypto dollars or stablecoins in USD
Some stable cryptocurrencies are equivalent to 1 USD and allow for quick and easy transactions in dollars. USDT, USDC, DAI
There are thousands of cryptocurrencies. Each large network or project in the ecosystem has its own token. And those cryptocurrencies and tokens all have different prices. However, there are very important cases of cryptos designed to always be worth 1 USD: these are dollarized stablecoins, also called crypto dollars. And all the major ones in the ecosystem are available for trading on Ripio: USD Tether, USD Coin, Dai
What is a crypto dollar
Stablecoins are a variety of tokens whose price is linked to that of another asset. Some do this with gold, for instance, and therefore their price changes. In that sense, the “stable” aspect is the relationship with the asset: 1 token of PAX Gold, for example, will always be worth 1 ounce of gold, even though that ounce of gold changes its dollar value frequently.
But there are other cryptos that peg their parity to the US dollar, such as USD Tether (USDT), USD Coin (USDC), Dai (DAI), or Binance USD (BUSD), which ensure that one unit of theirs is worth and will always be worth 1 dollar. This makes them very important tools for trading, saving, buying crypto, trading predictably, or exploring blockchain developments.
What are crypto dollars used for
For general users, they allow for easy saving in dollars, the ability to make money transfers with a predictable conversion, and having a reference in traditional currency for the costs of navigating web3 or using dapps, for example.
For traders, they are a fundamental instrument as a pivot for transactions.
For holders, they are a safeguard tool during extended bear markets, and an instrument for programmed buying (for example, through DCA).
See original
$BTC
A cryptocurrency is a digital asset that uses cryptographic encryption to ensure its ownership, secure the integrity of transactions, and control the creation of additional units, that is, to prevent someone from making copies as we would, for example, with a photo. These currencies do not exist physically: they are stored in a digital wallet.
Donald Trump's crypto company partners with a platform linked to Middle Eastern militants.
The partnership of a crypto company linked to Donald Trump with the Tron platform, accused of facilitating transactions for militant groups, raises ethical concerns and conflicts of interest.
The cryptocurrency company presented by the elected President of the United States, Donald Trump, and his new envoy to the Middle East, billionaire Steve Witkoff, has partnered with a crypto platform that, according to authorities and financial experts, is used by criminals and militant groups backed by Iran, such as Hamas and Hezbollah.
World Liberty Financial Inc., founded by the Witkoff family two months before the November U.S. elections, with Trump as the financial beneficiary, raised concerns about ethics and conflicts of interest, according to six specialists in government ethics in the U.S.
A cryptocurrency is a digital asset that uses cryptographic encryption to ensure its ownership, secure the integrity of transactions, and control the creation of additional units, that is, to prevent someone from making copies as we would, for example, with a photo. These currencies do not exist physically: they are stored in a digital wallet.
Donald Trump's crypto company partners with a platform linked to Middle Eastern militants.
The partnership of a crypto company linked to Donald Trump with the Tron platform, accused of facilitating transactions for militant groups, raises ethical concerns and conflicts of interest.
The cryptocurrency company presented by the elected President of the United States, Donald Trump, and his new envoy to the Middle East, billionaire Steve Witkoff, has partnered with a crypto platform that, according to authorities and financial experts, is used by criminals and militant groups backed by Iran, such as Hamas and Hezbollah.
World Liberty Financial Inc., founded by the Witkoff family two months before the November U.S. elections, with Trump as the financial beneficiary, raised concerns about ethics and conflicts of interest, according to six specialists in government ethics in the U.S.
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#BTCReclaims101K
The price of Bitcoin rebounds and is very close to a key mark: what experts project for 2025
After several days immersed in a bearish trend, the star asset regained ground and is now located very close to $101,000. What is happening with Ethereum.
In the second week of December, the price of Bitcoin resumed its upward path and returned to being above $100,000; that is, very close to the historical maximum ($103,900) reached on December 5.
In fact, the market projects that the price of the star cryptocurrency could reach new records starting in 2025, with extremely positive projections.
A key piece of information regarding the digital asset is that it is positioned very close to $101,000 - its resistance point - which increases the expectation for "a surprise" before the end of 2024.
The price of Bitcoin rebounds and is very close to a key mark: what experts project for 2025
After several days immersed in a bearish trend, the star asset regained ground and is now located very close to $101,000. What is happening with Ethereum.
In the second week of December, the price of Bitcoin resumed its upward path and returned to being above $100,000; that is, very close to the historical maximum ($103,900) reached on December 5.
In fact, the market projects that the price of the star cryptocurrency could reach new records starting in 2025, with extremely positive projections.
A key piece of information regarding the digital asset is that it is positioned very close to $101,000 - its resistance point - which increases the expectation for "a surprise" before the end of 2024.
See original
#2024WithBinance
The price of a Bitcoin surpassed 100,000 dollars for the first time on Wednesday, a milestone for a digital currency that was once considered a sideshow and a passing fad. What started as 'an experimental project by enthusiasts,' according to Finn Brunton, author of a 2019 book on the history of cryptocurrencies, has become 'a truly impressive feat.'
Those who bet on Bitcoin could well stand today in front of the crowd of skeptics to challenge them: 'Look at whom you mocked,' like a Uruguayan girl who went viral in 2007 after winning a cruise for two in a contest on the Buen día Uruguay program on Canal 4. When handed the microphone, the girl said the phrase as a retort to a schoolmate who had laughed at her.
In May 2010, Laszlo Hanyecz, one of the first cryptocurrency enthusiasts, used Bitcoin to buy two pizzas at Papa John's. He spent 10,000 Bitcoins on one pizza. He spent 10,000 Bitcoins, about 40 dollars of that time, on one of the first purchases made with the digital currency. It has turned out to be the most expensive pizza in history: 1 billion dollars.
Bitcoin is now possibly the most successful investment product of the last 20 years. The value of all circulating coins is 2 trillion dollars, more than the combined value of Mastercard, Walmart, and JPMorgan Chase.
The price of a Bitcoin surpassed 100,000 dollars for the first time on Wednesday, a milestone for a digital currency that was once considered a sideshow and a passing fad. What started as 'an experimental project by enthusiasts,' according to Finn Brunton, author of a 2019 book on the history of cryptocurrencies, has become 'a truly impressive feat.'
Those who bet on Bitcoin could well stand today in front of the crowd of skeptics to challenge them: 'Look at whom you mocked,' like a Uruguayan girl who went viral in 2007 after winning a cruise for two in a contest on the Buen día Uruguay program on Canal 4. When handed the microphone, the girl said the phrase as a retort to a schoolmate who had laughed at her.
In May 2010, Laszlo Hanyecz, one of the first cryptocurrency enthusiasts, used Bitcoin to buy two pizzas at Papa John's. He spent 10,000 Bitcoins on one pizza. He spent 10,000 Bitcoins, about 40 dollars of that time, on one of the first purchases made with the digital currency. It has turned out to be the most expensive pizza in history: 1 billion dollars.
Bitcoin is now possibly the most successful investment product of the last 20 years. The value of all circulating coins is 2 trillion dollars, more than the combined value of Mastercard, Walmart, and JPMorgan Chase.
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$BNB Shortly after Binance included its new altcoin project, The Protocol (THE), a cryptocurrency investor identified as SmartMoney made a notable move. According to data from Lookonchain, this investor spent 698 BNB to acquire a total of 416,897 THE coins. The current value of this investment exceeds one million dollars, showing a profit margin of exactly 143%.
Bold Move by the Investor
This transaction, which took place just 30 minutes after Binance listed the THE coin, created a big stir in the cryptocurrency community. The investor, paying approximately 429 thousand dollars for 698 BNB, drew attention for their quick decision-making skills. Following this move, the investor's portfolio reached one million dollars with a profit of 596 thousand dollars.
Bold Move by the Investor
This transaction, which took place just 30 minutes after Binance listed the THE coin, created a big stir in the cryptocurrency community. The investor, paying approximately 429 thousand dollars for 698 BNB, drew attention for their quick decision-making skills. Following this move, the investor's portfolio reached one million dollars with a profit of 596 thousand dollars.
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#MarketBuyOrHold?
Bitcoin today: the quote as of November 27
The cryptocurrency is quoted at US$96,571.09; this price shows a variation of 105% from the value of the last 24 hours
This price positions it 105% compared to its value 24 hours ago and 103% in comparison with the same day of the previous week.
The current dominance of the token (market capitalization) is US$1,910,964,348,712.
Bitcoin is the most important cryptocurrency (virtual currency) today. Increasingly accepted worldwide, it can be used to purchase products and services.
Each bitcoin is like a file that is stored in a "digital wallet," either on a mobile phone, a computer, or a tablet. People and businesses can make transfers of bitcoins or a portion of a bitcoin between different digital wallets.
Each of these transactions is recorded in a public list called blockchain. In this way, one can know the history of a bitcoin, in order to prevent thefts, fake copies, or to undo transactions.
There are three main ways to obtain a bitcoin. They can be purchased using real money (dollars, for example); goods and services can be sold and charged in bitcoin; and they can be "mined" (created as it is said in the cryptocurrency market jargon) on a computer.
Bitcoin today: the quote as of November 27
The cryptocurrency is quoted at US$96,571.09; this price shows a variation of 105% from the value of the last 24 hours
This price positions it 105% compared to its value 24 hours ago and 103% in comparison with the same day of the previous week.
The current dominance of the token (market capitalization) is US$1,910,964,348,712.
Bitcoin is the most important cryptocurrency (virtual currency) today. Increasingly accepted worldwide, it can be used to purchase products and services.
Each bitcoin is like a file that is stored in a "digital wallet," either on a mobile phone, a computer, or a tablet. People and businesses can make transfers of bitcoins or a portion of a bitcoin between different digital wallets.
Each of these transactions is recorded in a public list called blockchain. In this way, one can know the history of a bitcoin, in order to prevent thefts, fake copies, or to undo transactions.
There are three main ways to obtain a bitcoin. They can be purchased using real money (dollars, for example); goods and services can be sold and charged in bitcoin; and they can be "mined" (created as it is said in the cryptocurrency market jargon) on a computer.
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#BounceBit Task of #BinanceSquareFamily are 5 simple steps search in binance square raffle and get the chance to win bb.
1. have an account on binance
2. follow BounceBit on binance square
3. share a post
4. Traditional task
5. Publish
The truth is that the tasks are extremely simple this is the fifth raffle we have had previous ones like the Mantra pixels and we must not miss the opportunity to win cryptocurrencies practically for free.
Think that everything accumulated in the future can increase in value considerably, we have to do a quiet job and take advantage of every resource that the platform gives us to generate income, let's generate our own smart salary without risking our money let's use our heads and grow our portfolio. Good luck to everyone participating in this raffle.
1. have an account on binance
2. follow BounceBit on binance square
3. share a post
4. Traditional task
5. Publish
The truth is that the tasks are extremely simple this is the fifth raffle we have had previous ones like the Mantra pixels and we must not miss the opportunity to win cryptocurrencies practically for free.
Think that everything accumulated in the future can increase in value considerably, we have to do a quiet job and take advantage of every resource that the platform gives us to generate income, let's generate our own smart salary without risking our money let's use our heads and grow our portfolio. Good luck to everyone participating in this raffle.
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Holders of Lunc
In my opinion, with $LUNC ’s circulating supply sitting around 6 trillion, the upcoming burn of about 250 billion on October 31st probably won’t have a huge impact. This amount only covers around 3-4% of the total supply, which doesn’t seem enough to trigger a major price surge. While it's a move toward reducing the supply, I just don't think it's substantial enough to really "skyrocket" the token’s value.
What do you think?
Comment 👇
#LUNC #USTC #Terra #BinanceBurns
What do you think?
Comment 👇
#LUNC #USTC #Terra #BinanceBurns
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Are they late?
LIVE
Samina Khan
--
CARDANO HOLDERS ARE PANICKING!
Cardano has been struggling since March, and its price is getting close to its one-year low. On-chain indicators show that holders are panicking, which could trigger a selling pressure.
THE NUMBERS DON'T LIE
- Cardano's price has dropped 15% in the past 30 days.
- Its daily trading volume has increased by 5%.
- The number of daily active addresses in loss has skyrocketed from 1,680 to 11,960.
INVESTORS ARE OFFSETTING LOSSES
When investors see their assets dropping in value, they tend to panic and sell. This could lead to a selling pressure, making the price drop even further.
THE BEARISH MOMENTUM
The market-wide uncertainty ahead of the U.S. presidential elections isn't helping Cardano's case. With only 17% of holders in profit, it's a tough time for ADA investors.
THE UNLOCKING OF TOKENS
The unlocking of 18.53 million ADA tokens, worth $6.15 million, on October 27 didn't help either. This added to the bearish sentiment around the asset.
A GLIMMER OF HOPE?
Cardano's integration of BitcoinOS' Grail Bridge might allow Bitcoin holders to make transactions to other networks using the zero-knowledge mechanism. But will it be enough to turn the tide?
$ADA
THE NUMBERS DON'T LIE
- Cardano's price has dropped 15% in the past 30 days.
- Its daily trading volume has increased by 5%.
- The number of daily active addresses in loss has skyrocketed from 1,680 to 11,960.
INVESTORS ARE OFFSETTING LOSSES
When investors see their assets dropping in value, they tend to panic and sell. This could lead to a selling pressure, making the price drop even further.
THE BEARISH MOMENTUM
The market-wide uncertainty ahead of the U.S. presidential elections isn't helping Cardano's case. With only 17% of holders in profit, it's a tough time for ADA investors.
THE UNLOCKING OF TOKENS
The unlocking of 18.53 million ADA tokens, worth $6.15 million, on October 27 didn't help either. This added to the bearish sentiment around the asset.
A GLIMMER OF HOPE?
Cardano's integration of BitcoinOS' Grail Bridge might allow Bitcoin holders to make transactions to other networks using the zero-knowledge mechanism. But will it be enough to turn the tide?
$ADA
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Interesting proposal
Proposal # 12143 Terra Classic
$LUNC
This proposal seeks approval to implement the “reverse charge” mechanism on Terra Classic and replace the tax2gas approach. The reverse charge solution simplifies tax handling by automatically deducting the tax from the amount sent before it reaches the recipient’s wallet, eliminating the need for the sender to pay the tax as an additional fee. The system maintains full backward compatibility and gives developers an option to continue using sender-side taxation for fund transfers if they choose. The approach also solves the double taxation issue on contracts that is present in the current system.
This proposal seeks approval to implement the “reverse charge” mechanism on Terra Classic and replace the tax2gas approach. The reverse charge solution simplifies tax handling by automatically deducting the tax from the amount sent before it reaches the recipient’s wallet, eliminating the need for the sender to pay the tax as an additional fee. The system maintains full backward compatibility and gives developers an option to continue using sender-side taxation for fund transfers if they choose. The approach also solves the double taxation issue on contracts that is present in the current system.
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Important
Important Alert for MoonBiX Players: Don’t Ignore This Warning! 🚩
If you’re seeing a red warning message or have any suspicion about your account status, take action immediately. Don’t let days or weeks of gameplay be wasted. MoonBiX can be thrilling, but it’s essential to stay alert to avoid unexpected setbacks.
About the Red Message Warning:
- Accounts with this red message are ineligible for rankings.
- Unbinding your account won’t resolve this issue.
- The message suggests that “abnormal actions” were detected, which could lead to leaderboard removal.
A Personal Experience:
One player faced frustration after being removed from the leaderboard, despite never using bots or cheats. Their account was flagged for over 40 days with no response, leading them to start over with a new account due to prolonged uncertainty and lack of support.
Concerns:
- MoonBiX lets flagged accounts continue playing without warning that progress might not count.
- There’s no clear guidance on which “abnormal actions” trigger this flag.
- Creating a new account doesn’t guarantee this won’t happen again.
Advice for Players:
- Regularly check your account status.
- If you see the red message or feel something’s wrong, stop playing until you clarify the issue.
- Avoid spending time on a flagged account, as progress may not be recognized.
Current Update:
Unfortunately, there are no recent updates from MoonBiX on this issue. Players should keep an eye on official announcements for any changes. The most frustrating aspect? Even with a flagged account, MoonBiX allows continued gameplay, making it easy to think progress still matters—when it may not.
#TetherUnderInvestigation #USJoblessClaimsDip #BTC67KRebound #CryptoPreUSElection #BTCETFDemandSurge
About the Red Message Warning:
- Accounts with this red message are ineligible for rankings.
- Unbinding your account won’t resolve this issue.
- The message suggests that “abnormal actions” were detected, which could lead to leaderboard removal.
A Personal Experience:
One player faced frustration after being removed from the leaderboard, despite never using bots or cheats. Their account was flagged for over 40 days with no response, leading them to start over with a new account due to prolonged uncertainty and lack of support.
Concerns:
- MoonBiX lets flagged accounts continue playing without warning that progress might not count.
- There’s no clear guidance on which “abnormal actions” trigger this flag.
- Creating a new account doesn’t guarantee this won’t happen again.
Advice for Players:
- Regularly check your account status.
- If you see the red message or feel something’s wrong, stop playing until you clarify the issue.
- Avoid spending time on a flagged account, as progress may not be recognized.
Current Update:
Unfortunately, there are no recent updates from MoonBiX on this issue. Players should keep an eye on official announcements for any changes. The most frustrating aspect? Even with a flagged account, MoonBiX allows continued gameplay, making it easy to think progress still matters—when it may not.
#TetherUnderInvestigation #USJoblessClaimsDip #BTC67KRebound #CryptoPreUSElection #BTCETFDemandSurge
No cheating
LIVE
Anasta Maverick
--
🚨Important Update for MoonBiX Players
RED Message Notification🚨
Important Update for MoonBiX Players
RED Message Notification:
If you see a RED message in your account, it indicates ineligibility due to a lack of play records or leaderboard ranking. Simply unbinding your account will not resolve this issue.
Personal Experience:
After receiving the same red notification for over 40 days, I initially thought it was a minor issue. However, I later discovered a message on the official MoonBiX page stating that players performing abnormal actions would be removed from the leaderboard. Despite my clean gameplay record, I was removed from the rankings.
Current Situation:
While you can still accumulate points in the game, uncertainty surrounds what will happen to those points if your account is flagged with a RED message. It can feel like you are putting in effort without a clear purpose.
Decision to Start Fresh:
After 40 days of hard work and dedication, I have decided to abandon my compromised account and start anew. Continuing to play under these circumstances felt like a waste of effort.
Call to Action:
If your account is flagged as ineligible, MoonBiX should ideally prevent you from playing. However, the current system allows continued gameplay without clarity on the consequences. If you suspect your account may be compromised, take action now to avoid wasting your efforts. Stay vigilant, keep your account status in check, and don’t play under a RED flag.
RED Message Notification:
If you see a RED message in your account, it indicates ineligibility due to a lack of play records or leaderboard ranking. Simply unbinding your account will not resolve this issue.
Personal Experience:
After receiving the same red notification for over 40 days, I initially thought it was a minor issue. However, I later discovered a message on the official MoonBiX page stating that players performing abnormal actions would be removed from the leaderboard. Despite my clean gameplay record, I was removed from the rankings.
Current Situation:
While you can still accumulate points in the game, uncertainty surrounds what will happen to those points if your account is flagged with a RED message. It can feel like you are putting in effort without a clear purpose.
Decision to Start Fresh:
After 40 days of hard work and dedication, I have decided to abandon my compromised account and start anew. Continuing to play under these circumstances felt like a waste of effort.
Call to Action:
If your account is flagged as ineligible, MoonBiX should ideally prevent you from playing. However, the current system allows continued gameplay without clarity on the consequences. If you suspect your account may be compromised, take action now to avoid wasting your efforts. Stay vigilant, keep your account status in check, and don’t play under a RED flag.
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