Pi Network to Open Blockchain for Cross-Chain Transactions on July 15: Trials with mBridge and Chinese Digital Currency Underway
Pi Network, a rapidly growing blockchain network, is set to make a significant leap by opening its blockchain for cross-chain transactions on July 15. This information comes from Stellar, revealing that Pi Network is currently conducting a crucial test. This test involves transactions from the Pi blockchain to the mBridge blockchain using China's digital currency. #BinanceTurns7 #Megadrop
The future of the cryptocurrency market in Pakistan is showing significant potential as the government shifts toward regulating and integrating digital assets into the economy. Recently, the State Bank of Pakistan (SBP) proposed amendments to legalize cryptocurrencies and introduce a Central Bank Digital Currency (CBDC), including a digital rupee. These amendments would allow the SBP to oversee both physical and digital currencies and establish a framework for blockchain-based transactions. Pena
Pi Coin: Exploring the Revolutionary Cryptocurrency
Cryptocurrencies have captivated global attention over the past decade, with $BTC $ETH and a $BNB of altcoins reshaping the financial landscape. Among these emerging digital currencies is Pi Coin, a project that promises to make cryptocurrency mining more accessible and inclusive. Pi Network, the platform behind Pi Coin, is designed to empower everyday people to engage in the crypto ecosystem without the need for expensive equipment or advanced technical knowledge. What is Pi Coin? Pi Coin i
As of today, August 10, 2024, the cryptocurrency market is experiencing a bearish phase, largely driven by the significant crash in Bitcoin that occurred earlier this month. This crash was influenced by a combination of tightening monetary policies by central banks, macroeconomic pressures like rising inflation, and geopolitical tensions. These factors led to a widespread panic, causing a sharp decline not only in Bitcoin but also in other major cryptocurrencies like Ethereum and Solana. The bea
A new downturn is waiting for market India's GST notice to Binance can be explained by the following factors: 1. Investor Reaction: Regulatory actions often cause uncertainty among investors, leading to panic selling or hesitation in making new investments. This can result in sudden drops or fluctuations in cryptocurrency prices as market participants react to the news 2. Operational Disruptions: Binance, being a major player in the crypto market, might face operational challenges or disruption
Minimizing risk factors in the crypto market to avoid liquidation
Minimizing risk factors in the crypto market to avoid liquidation involves several strategies: Diversify Portfolio: Spread investments across different cryptocurrencies and other asset classes to mitigate the impact of any single asset's poor performance. Use Stop-Loss Orders: Set automatic sell orders at predetermined price levels to limit losses. Leverage Management: Use minimal leverage or avoid it entirely to reduce the risk of margin calls and liquidations. Regular Monitoring: Continuously
#BinanceTurns7 Come celebrate 7 years of Binance with us to unlock digital badges and win some exclusive 7YA swag!
Task 1: Share Your Binance Birthday Wishes to Unlock the Basic 7YA Digital Badge - Complete the setup of your Binance Square profile (e.g., username, profile, biography) and follow this account @Binance_Square_Official during the Activity Period.
- Comment on this Binance Square official post with your Binance birthday wishes, and ensure that your post includes the #BinanceTurns7 hashtag to unlock the basic 7YA digital badge.
Task 2: Post Your Favorite Binance Memories to Unlock the Upgraded 7YA Digital Badge & Binance 7YA Merch
- Users who successfully complete Task 1 may receive an upgraded version of the 7YA Digital Badge by sharing their fondest memories with Binance in a new Binance Square post that mentions the #BinanceTurns7 hashtag during the Activity Period.
- On top of that, the top seven participants with the highest total number of engagements (i.e., likes, shares, comments, quotes) for a qualified post in Task 2 during the Activity Period, will each receive one set of Binance 7YA merch.
Terms and conditions: - 7YA digital badges will appear next to the profiles of qualified participants within four working days after the promotion ends. - Winners of 7YA merch will be notified via a push notification under Creator Center > Square Assistant, within four weeks after the promotion ends. - Users should complete the required instructions within the timeframe stipulated in the push notification to successfully receive merch rewards. Please note that winners should provide a valid shipping address, and will be responsible for any taxes, if applicable. - No refunds or cash equivalent value of the rewards will be granted.
Activity Period: 2024-07-05 12:00 (UTC) to 2024-07-10 11:59 (UTC)
Notice: Significant Token Unlock Events in 9 Altcoins This Week!
This week, nine altcoin projects will see the release of tokens worth tens of millions of dollars. According to Token Unlocks data, over $48.62 million will be unlocked across these projects, including IO, GAL, and ENA, between July 1 and July 7.
# Key Unlock Events for IO and GAL
A notable event is the unlocking of 7.5 million IO tokens valued at $27.8 million. This release represents 7.88% of IO's circulating supply, a figure that demands attention. Historically, releasing more than 1% of a token's circulating supply can negatively impact its price. Consequently, the token unlocks for GAL and HTF this week are also critical to monitor.
# Scheduled UnlocksHere are the details of the altcoin token unlocks for the week:-
$IO .NET (IO): 7.5 million tokens valued at $27.8 million will be unlocked on July 1 at 16:00 ET, releasing 7.88% of the circulating supply.
-Pendle ($PENDLE ): 205,000 tokens worth $1.4 million will be unlocked starting July 3 at 03:00 GMT, releasing 0.16% of the circulating supply.
- MultiversX ($EGLD ): 24,000 tokens valued at $628,000 will be unlocked starting July 4 at 03:00 GMT, releasing 0.08% of the circulating supply.
- Euler (EUL): 57,000 tokens worth $235,000 will be unlocked on July 4 at 23:00 ET, releasing 0.44% of the circulating supply.
- Liquity (LQTY): 657,000 tokens valued at $782,000 will be unlocked on July 5 at 03:00 CET, releasing 0.72% of the circulating supply.
- Galxe (GAL):2.03 million tokens worth $7.48 million will be unlocked on July 5 at 03:00 UTC, releasing 2.6% of the circulating supply.
See! My analysis, market research and prediction on research base about $LISTA . Am I not accurate? $REI is experiencing bearish but the coming time is of $REI to bullish in next 48 hours #REI.....TODAY #BinanceTournament
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Crypto Master2
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Bearish
$LISTA is experiencing a downturn after this Friday and showing resistance on 0.66. My analysis and research suggests that it will bearish till the start of next. This predominantly bullish late hours on Monday or late. So hold your breath and wait for rising market demand. #GoodLuck #IntroToCopytrading #MarketIndicator #ListaMegadrop
Celebrating Pi2Day Ahead of Open Network: To New Beginnings!
Pi2Day 2024 marks a significant milestone for Pi Network—it's the last Pi2Day before we launch the Open Network! As outlined in the Open Network conditions in December 2023, our path to Open Network depends on the collective efforts of the entire Pi community, including the Core Team, community developers, and all Pioneers. Thanks to the incredible contributions and innovations of the community, we have made great progress and are right on track. Today’s Pi2Day celebration includes updates on ou
$LISTA is experiencing a downturn after this Friday and showing resistance on 0.66. My analysis and research suggests that it will bearish till the start of next. This predominantly bullish late hours on Monday or late. So hold your breath and wait for rising market demand. #GoodLuck #IntroToCopytrading #MarketIndicator #ListaMegadrop