1. Is the cryptocurrency world going to end? Recently, many posts in the industry that are pessimistic about blockchain are very popular. Many people outside the industry are asking me if the blockchain scam is over? People in the industry are asking if the industry has no future? What stage of the cycle are we in? Compared with good news, bad news is more likely to make headlines, and bad news is also more likely to get more traffic and attention. What is more worthy of ridicule than people in the cryptocurrency circle pessimistic about the cryptocurrency circle? These behaviors and emotions are constantly contagious, engulfing traffic and intensifying. Even some OG retirements have been magnified as evidence that "the cryptocurrency circle is over." Some industry-firm idealists also reveal anxiety and confusion in their chats with me.
Test Your BTC Intuition and Win Up To $5,000 USDC in Rewards!
Think you can predict the BTC market? Put your intuition to the test and grab your share of the $5,000 USDC reward pool! Join our daily “Bullish vs Bearish” voting campaign and connect with the crypto community by sharing your market sentiment. Campaign Period: 2024-08-08 00:00 to 2024-08-14 23:59 (UTC)
How To Participate: Vote on $BTC Direction and Share Insights: Option 1: Visit the BTC trading page and vote whether the day will be bullish or bearish. Share your insights and reasoning behind your vote in an accompanying post.
Option 2: Create a post through the “+” posting button on Binance Square, adding the $BTC cointag, and vote bullish or bearish in the content editor.
Winning Criteria: Bullish Votes Win: If the BTC price at the end of the day (daily close price) is higher than the price at the beginning of the day (open price).Bearish Votes Win: If the BTC price at the end of the day (daily close price) is lower than the price at the beginning of the day (open price). Eligibility: Only the first prediction per day will be considered if a user makes more than one prediction.Voting and posts made between 21:00-24:00 UTC will not be counted as eligible entries.
Reward Structure: Daily Challenge Participate in our daily task! Users who post and vote in the correct direction will be eligible to share a $500 USDC prize pool each day. Join every day and predict correctly to win! *Individual cap: $2 USDC per participant per day. Extra Rewards: Make correct predictions for several days and earn additional rewards!
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 the votes to count. Each day runs from 00:00 (UTC) to 23:59 (UTC). Rewards will be distributed in the form of token vouchers to eligible users within 21 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 cancel a user’s eligibility in this activity if the account is involved in any behavior that breaches the Binance Square Community Management Guidelines or Binance Square Community Platform 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 to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.Binance reserves the right of final interpretation of this Activity.Additional promotion terms and conditions can be accessed here.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
As predicted 6-7 hours ago, the market has dropped today. All my predictions have been accurate, and all hot and newly listed coins are in a negative trend.
All predictions were accurate, showing a consistent negative trend across both hot and new listings. Stay informed and cautious in these volatile market conditions.
Jack was scrolling through a Telegram channel one day when he met Tom. Tom seemed friendly and knowledgeable, and he told Jack about an amazing investment opportunity. According to Tom, this investment promised a daily return of 30%. All Jack had to do was send cryptocurrency to a specific address, and the profits would be returned to his bank account.
Intrigued by the prospect of quick profits, Jack decided to give it a try. He made two small investments and, to his surprise, received some profit, though it wasn't the promised 30%. Encouraged by this initial success, Jack decided to invest a larger amount of money.
However, things took a turn for the worse. After sending the larger investment, the scammers began to come up with excuses for not returning his money. They mentioned security fees, taxes, and other reasons, and kept asking Jack to invest more. It was then that Jack realized he had been scammed.
Jack's experience serves as a cautionary tale in the crypto industry. Protecting your funds is far more important than chasing quick profits. The first step in safeguarding your money is to be wary of trusting strangers, especially when it comes to investments that seem too good to be true.
Binance; USDT and Toncoin Join Forces – What’s Next?
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Binance has integrated Tether (USDT) with the Toncoin network. Despite this update, the price of TON has dropped in the charts. Binance has announced that Tether (USDT) is now integrated on the Toncoin (TON) network. This means users can deposit and withdraw USDT directly on the Telegram-associated blockchain, which is known for its fast transaction speeds and low fees.
This integration marks a strategic victory for both Binance and Toncoin. Binance enhances its multi-chain capabilities by integrating the world’s leading stablecoin, USDT.
USDT’s stability and extensive liquidity, backed by its status as the largest stablecoin by market capitalization, add significant value to the TON network. Users can now benefit from TON’s advantages while enjoying seamless transactions and the asset management features of USDT.
Moreover, Binance’s initiative aligns with its commitment to nurturing a diverse blockchain ecosystem. By integrating TON, Binance empowers users with a broader array of options for managing their digital assets.
To ensure a smooth transition, Binance has provided dedicated deposit addresses and smart contract details for USDT on TON.
Ripple's Lawsuit With US SEC Nears Critical Pretrial Conference
According to CryptoPotato, Ripple's ongoing lawsuit with the United States Securities and Exchange Commission (SEC) is nearing a crucial pretrial conference on April 16, which could hint at a possible settlement. Analysts suggest that a positive outcome for Ripple could lead to a significant price rally for its native token, XRP, similar to the positive responses to previous partial court victories in 2023.
The legal dispute between Ripple and the SEC, which began in December 2020, is approaching its final stages, with a grand trial scheduled for April 23. The SEC accused Ripple of illegally raising over $1.3 billion through unregistered securities offerings by selling XRP tokens. As the crypto community awaits the trial next week, a key development set to occur on April 16 is also noteworthy. Ripple and the SEC will have a Final Pretrial Conference before Judge Netburn. This is a court hearing where the prosecution and defense discuss whether the lawsuit should proceed to trial or be resolved through a mutual agreement.
Analysts supporting XRP have emphasized the significance of this event, suggesting it could lead to a settlement between Ripple and the SEC. A user named JackTheRippler even suggested the case 'could end tomorrow.'
The price of XRP, Ripple's native token, was among the most impacted cryptocurrencies during the recent market crash, falling by 15% on a weekly scale. However, as of April 15, XRP is recovering, surpassing the $0.50 mark once again. Some believe that the price could rally significantly if Ripple decisively wins against the SEC. It's worth noting that XRP responded positively to each of the three partial court victories that Ripple secured in 2023.