đ 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 đ đThe 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) âźď¸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.
$PNUT /USDT Plummets Is Recovery on the Horizon? PNUT 0.5148 -20.99% $PNUT /USDT is trading at $0.5345, down by 15.80% in the last 24 hours, reflecting significant selling pressure. After reaching a 24-hour low of $0.5254, the price is consolidating within a narrow range, indicating a potential pause in bearish momentum. Market Overview: Current Price: $0.5345 24h High/Low: $0.6818 / $0.5254 Trend: Bearish consolidation Key Levels to Watch: Support Levels: 1. $0.5254: Immediate support that could stabilize prices. 2. $0.5000: Psychological level and critical support to prevent further sell-off. Resistance Levels: 1. $0.5520: First resistance level to regain bullish traction. 2. $0.5860: Major resistance that needs to be cleared for a sustained recovery. Trading Strategies: Bullish Setup: Entry Point: Above $0.5520 for confirmation of a recovery. Targets: $0.5700 $0.5860 Stop-Loss: Below $0.5254 to limit losses. Bearish Setup: Entry Point: Below $0.5254 for continuation of the downtrend. Targets: $0.5000 $0.4800 Stop-Loss: Above $0.5520 to manage risk. Technical Insights: RSI (49.78): Neutral, indicating a lack of strong momentum. Wm%R (-54.49): Indicates the asset is moving toward oversold levels. MACD: Slight bullish divergence suggests a potential short-term rebound. Traders should watch for a breakout above $0.5520 or a breakdown below $0.5254 to determine the next directional move. Risk management is essential in this volatile market condition, especially with the ongoing bearish sentiment $PNUT
#bitcoin Bitcoin Mining Showed Strong Growth in 2024 Despite Halving: Report Bitcoin mining reached significant milestones in 2024, according to the latest industry update from H.C. Wainwright analysts Mike Colonnese and Dylan Scales. Bitcoin (BTC) surged 121% year-over-year, closing the year at $93,390 and outpacing all other asset classes. Key drivers behind the rally included the launch of U.S. spot Bitcoin ETFs, accelerating institutional adoption, and the re-election of pro-Bitcoin President Donald Trump, according to an analyst note shared with crypto.news. The Bitcoin networkâs hash rate hit 796 EH/s by year-end, marking a 59% increase from 2023. This growth was primarily fueled by public miners, who more than doubled their operating capacity to 235.8 EH/s. Public miners now account for 30% of the total network hash rate, up from 22% in the previous year. Despite the capacity growth, Bitcoinâs April halving event reduced block rewards, resulting in a 32% drop in BTC production among public miners. Public miners collectively produced 48,333 BTC in 2024, compared to 71,447 BTC in 2023. However, BTC reserves on public minersâ balance sheets rose by 128%, reaching 89,599 BTC by the end of the year. You might also like: Telegram-linked TON eyeing U.S. expansion Improved hash rate and mining capacity In December alone, public miners increased their operating hash rate by 8.6%, producing 3,929 BTC, a 6.6% increase from November. Transaction fees, which make up a smaller portion of miner revenue, fell 8.5% month-over-month and accounted for just 2.7% of total block rewards. Weekly trends ending January 12, 2025, revealed challenges. Bitcoin fell 4.1% to $94,759 following the U.S. Department of Justiceâs approval to sell seized Silk Road BTC. Mining stocks dropped 7.7%, and the network hash rate dipped 4.4% to 777 EH/s. The update highlights the resilience of Bitcoin miners amid rising network difficulty and market pressures, setting the stage for another dynamic year in 2025. $BTC
#BTC #BOME BTC And BOME will crush the market it will bump for sure btc will go upto 120k and bome to 0.01 so hold the coins guys you will gain some goods $BTC Bitcoin (BTC) is the first and most well-known cryptocurrency, created in 2009 by an anonymous person or group using the pseudonym Satoshi Nakamoto. It operates on a decentralized network using blockchain technology, which ensures secure and transparent transactions without the need for intermediaries like banks.
Key Features of Bitcoin:
1. Decentralization: Bitcoin is not controlled by any government, central authority, or organization.
2. Limited Supply: Only 21 million BTC will ever exist, making it a deflationary asset.
3. Blockchain Technology: Transactions are verified and recorded on a public ledger, ensuring transparency.
4. Security: It uses cryptographic techniques to secure transactions and prevent fraud.
5. Peer-to-Peer: Transactions occur directly between users without intermediaries.
Current Role of Bitcoin:
1. Store of Value: Often referred to as "digital gold," Bitcoin is used as a hedge against inflation.
2. Medium of Exchange: While adoption is growing, its use for everyday transactions is still limited due to volatility.
3. Investment Asset: Many see Bitcoin as a speculative investment with high potential returns but also significant risks.
Factors Influencing Bitcoinâs Price:
1. Market Sentiment: News, regulations, and macroeconomic factors play a big role.
2. Demand and Adoption: Institutional investments and mainstream adoption drive its price.
3. Scarcity: The limited supply influences its value, especially during halving events.
4. Correlation with Traditional Markets: While initially uncorrelated, Bitcoin sometimes reacts to global financial trends.
Let me know if you'd like specific insights into Bitcoin's current market performance or its potential future!
#NFPCryptoImpact The Non-Farm Payroll (NFP) report, released monthly by the U.S. Bureau of Labor Statistics, provides critical insights into employment trends, influencing financial markets globally. In the cryptocurrency sector, the NFP report can significantly impact investor sentiment and market volatility.
Market Volatility
Positive NFP data, indicating job growth, often boosts investor confidence, leading to increased investments in riskier assets, including cryptocurrencies. Conversely, disappointing NFP figures can prompt a shift towards safer assets, potentially causing cryptocurrency prices to decline.
Correlation with Traditional Markets
Cryptocurrencies have shown varying degrees of correlation with traditional financial markets. Strong NFP numbers can lead to stock market rallies, which may spill over into the crypto market. However, this correlation is not always consistent, and other factors can influence crypto prices.
Investor Behavior
Traders and investors closely monitor the NFP report to inform their strategies. Anticipation of the report can lead to increased trading volumes and heightened volatility in the crypto market, as participants adjust their positions based on expected outcomes.
Global Implications
While the NFP report focuses on U.S. employment, its implications are global. As the U.S. economy influences worldwide financial conditions, significant changes in the NFP can affect global markets, including cryptocurrencies.
Conclusion
The NFP report is a key economic indicator that can influence cryptocurrency markets through its impact on investor
The market is dropping because the US government is selling 69,000 Bitcoin (worth $6.5 billion) that they took from Silk Road. This decision seems political. The new government, starting in two weeks, didn't want to sell it.
ARE YOU WORRIED ABOUT US GOVERNMENT BTC DUMP?  A FEW HOURS AGO, IT WAS REPORTED THAT THE US GOVERNMENT WILL SELL $6.5 BILLION WORTH OF BTC.  HERE'S WHY IT'S A FAR-FETCHED FUD đ  1) BITCOIN MARKET IS WAY BIGGER  IN 2024 ALONE, $379B OF NEW CAPITAL ENTERED INTO BTC  $6.5B SELLING COULD BE EASILY ABSORBED WITHIN A FEW DAYS  2) MARKET HAS PRICED IN  AFTER THIS NEWS CAME OUT, BTC DROPPED $700, AND SINCE THEN IT HAS STABILIZED  IT SEEMS LIKE BIG ENTITIES ALREADY HAD THIS INFORMATION IN ADVANCE, AND THE DUMP FROM $102K TO $95K WAS TO PRICE IN THIS FUD.  3) SELLING WILL BE VIA OTC  UNLIKE THE GERMAN GOVERNMENT, WHO SOLD THEIR BTC ON EXCHANGES, IT'S HIGHLY LIKELY THAT $6.5B WORTH OF BTC SALES WILL BE VIA OTC  IN A NUTSHELL, I THINK THAT PEOPLE ARE OVERESTIMATING THE IMPACT OF THIS SALE.  AS USUAL, RETAIL WILL PANIC SELL ONLY TO BUY HIGHER IN THE COMING MONTHS.
#OnChainLendingSurge The on-chain lending market has recently experienced a significant surge, with active loans surpassing $20 billionâa level not seen since the peak of 2021. This growth is largely attributed to increased institutional participation, as more entities explore digital asset-backed loans amid tighter monetary policies and heightened competition for dollar funding.
Platforms like Aave have been at the forefront of this expansion, offering diverse lending pools across multiple blockchain networks. The rise in on-chain leverage indicates a more mature market, with protocols spreading to various chains and incorporating a broader range of collateral types, including stablecoins and tokenized real-world assets.
However, this growth is not without risks. The increased leverage has led to significant liquidations during market downturns. For instance, in August 2024, Ethereum's on-chain lending markets experienced liquidations exceeding $436 million, marking the second-largest monthly liquidation event in history.
Overall, the surge in on-chain lending underscores the evolving dynamics of decentralized finance (DeFi
#CryptoMarketDip Bitcoin is a decentralized digital currency that operates without the need for a central authority or intermediary, using blockchain technology to enable secure, transparent, and tamper-proof transactions. Created in 2009 by an anonymous entity known as Satoshi Nakamoto, Bitcoin allows peer-to-peer transfers of value through a distributed ledger system. Transactions are verified by network nodes through cryptography and recorded on the blockchain, a public ledger. Bitcoin is often seen as a store of value and a
How to Earn $5 Daily on Binance Without Any Initial Investment
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$BTC #free $USDC 2 USDC free by just giving some of your points. yeah you can get these coins by just completing 2 simple task and earn free usdc. 1st: you can get points by solving daily WOFD in binance and you will get share of binance points. (must complete 5 WOFD to get eligible for the prize) 2nd: you can points by just completing daily check in and completing tasks $BNB