RICKY ROY

🇷🇺 Russia's finance minister confirms they’re using Bitcoin 💰 for trade with other countries.

In a significant development, Russia's Finance Minister, Anton Siluanov, has confirmed that the country is utilizing Bitcoin and other cryptocurrencies for trade with other nations. This move comes amidst escalating economic sanctions imposed by Western countries in the wake of Russia's ongoing conflict with Ukraine. By adopting Bitcoin as a means of financial transaction, Russia seeks to circumvent the restrictions on traditional banking systems and maintain its international trade relations. The minister emphasized that the use of cryptocurrencies is part of a broader strategy to diversify Russia's financial tools and reduce dependency on the U.S. dollar and the Euro. This shift not only highlights the growing role of digital currencies in global trade but also underscores the resilience and adaptability of Russia's economic policies in the face of international pressure. However, the long-term implications of this strategy remain to be seen, as the volatility and regulatory challenges associated with cryptocurrencies could pose risks to Russia's economic stability.

#XmasCryptoMiracles #BTCNextMove #Write2Earn #RussiaCrypto #CryptoPaymentsFuture

HOW BULLRUN OF CRYPTO IS MAKING PEOPLE BILLIONAIRE ?

#BTC #ETH #bnb
The recent bull run in the cryptocurrency market has transformed numerous individuals from modest means into billionaires almost overnight. This financial phenomenon is primarily driven by the exponential rise in the value of cryptocurrencies like Bitcoin, Ethereum, and a plethora of altcoins. For instance, Bitcoin, often referred to as digital gold, saw its price skyrocket from a few thousand dollars to over $100000 at its peak. Early investors who bought in during the lower price points have seen their investments multiply manifold. Moreover, the narrative around cryptocurrency has shifted; what was once considered a high-risk, speculative asset has now gained acceptance among institutions, thereby fueling more investment and further driving up prices. This surge has not only minted new billionaires but also spotlighted the potential of blockchain technology in wealth creation, showcasing how digital currencies can lead to unprecedented wealth accumulation in a very short period.

#CryptoHistoricMoment #Share1BNBDaily

Top 3 favourite crypto of Elon Musk 🤑

Elon Musk's top crypto holdings include:1.
Dogecoin (DOGE) 🐕: His favorite cryptocurrency, which he uses for Tesla merchandise and may accept for vehicles.2. Bitcoin (BTC) 💰: Tesla holds around $778 million worth of BTC, making it a BTC whale.3. Ethereum (ETH) 💻: Musk publicly admitted to owning ETH, which led to a 12% price increase.Note: The exact amount of ETH held by Musk is unknown. 🤔🔥🔥🔥 HOW DIN IS REVOLUTIONIZING THE BINANCE WEB3 WALLET AIRDROP CAMPAIGNThe introduction of Decentralized Identifiers (DIN) is transforming the Binance Web3 Wallet Airdrop Campaign, redefining how users engage with blockchain technologies. DIN offers a unique solution to identity verification, enabling secure, private, and seamless participation in airdrop campaigns without the need for centralized intermediaries. By integrating DIN into the Binance Web3 Wallet, the airdrop process becomes more efficient and inclusive. Users can create verifiable credentials linked to their wallets, streamlining eligibility checks and ensuring fair distribution of rewards. This eliminates the challenges of fraudulent claims, which have long plagued airdrop campaigns, fostering trust and transparency. DIN also enhances user privacy, a core tenet of Web3.Unlike traditional systems that rely on personal data submission, DIN leverages decentralized identity protocols, ensuring that users retain control over their information. This shift empowers participants while aligning with the Web3 ethos of self-sovereignty. Furthermore, the incorporation of DIN encourages greater user adoption of Binance's ecosystem. Simplified onboarding and verification processes attract both seasoned crypto enthusiasts and newcomers, fostering community growth. .

#GODINDataForAI #Binanceweb3Airdrop
#DIN @DIN Data Intelligence Network
#BTC100K!
#CryptoHistoricMoment

India Crypto Regulations: New Rules for Binance Transactions!
by Ricky roy,+919749203604(calling)

India Crypto Regulations: India has new rules for cryptocurrency transactions on Binance. Users must give more information when they put money in or take it out. These rules are to keep people safe and stop illegal activities. The article talks about the new rules, what they mean for Binance users, and how India is regulating cryptocurrency. Watch until last line. The New Rules: India Crypto RegulationsIndia Crypto Regulations: Prior to the implementation of the new regulations, Binance users in India could withdraw cryptocurrencies simply by verifying their One-Time Password (OTP). However, the FIU now wants users to give more information when they put money into or take it out of their cryptocurrency accounts. These new things they need include.Sender Information: For deposits exceeding a specified limit, users must disclose the sender’s name, company/organization, Permanent Account Number (PAN), and Aadhaar number. If the cryptocurrency is coming from a personal wallet, its details must also be provided.Recipient Information: When sending crypto, users must specify whether the recipient is a private wallet, a person, or an exchange. They must also provide the recipient’s name and Aadhaar or PAN information.These rules are to make cryptocurrency safer in India. They help stop illegal activities and tax evasion. By asking users for information about who is sending and receiving the money, the government can see where the money is going and find any problems.Implications for Binance Users: India Crypto RegulationsThe new rules have important effects on Binance users in India. Users might need to collect and keep extra documents, like PAN and Aadhaar numbers. This could make the cryptocurrency transaction process more complicated. The need for more documentation may also discourage some users from using Binance or other cryptocurrency platforms.

#indianewcryptolaw #BinanceSquareFamily #CryptoNewsCommunity #cryptonewsindia

UAE Approves AED Stablecoin for Digital Transactions

-RICKY ROY ,+919749203604 (calling)

The United Arab Emirates (UAE) has given AED Stablecoin LLC preliminary clearance to launch AE Coin, a Dirham-pegged stablecoin controlled by the UAE Central Bank. This is a crucial step in the UAE's path to use blockchain technology to improve its financial environment. AE Coin is ready to change regional payments and transactions by delivering a safe, efficient, and reliable currency for both companies and consumers.

Table of Contents
01
A New Era of Blockchain Payments in the UAE
02
AE Coin: Simplifying Cash Flow for Businesses
03
Expanding Decentralized Finance Opportunities
04
The Future of AE Coin: Widespread Adoption
A New Era of Blockchain Payments in the UAE
The certification of AE Coin is consistent with the UAE's overall objective of incorporating new technologies into its financial services. By adopting this Dirham-pegged cryptocurrency, the UAE hopes to provide a stable digital currency that improves transactional efficiency and promotes financial inclusion. AE Coin aims to bridge the gap between conventional fiat money and the expanding blockchain ecosystem, benefitting both companies and consumers.

As a UAE Central Bank-regulated stablecoin, AE Coin ensures that each issued token is completely backed by the Dirham, providing a safe digital alternative for transactions. This discovery opens the path for seamless blockchain payments in the UAE, with quick transfers and lower costs than traditional banking systems.

AE Coin: Simplifying Cash Flow for Businesses
Businesses around the UAE may use AE Coin to improve cash flow management. Companies that enable rapid payments across AE Coin wallets may avoid the delays and hefty transaction charges that are often connected with conventional payment systems. This technology is anticipated to streamline financial procedures for firms, notably in e-commerce and retail.

Stay informed on the latest developments in blockchain and digital currencies!

#UAE #cryptocurrency #BTCSurges67K #defi #aedstablecoin

🛑 P2P Scams: Risе of P2P Trading Scams in India 🇮🇳 in binance and wazir x

-Ricky roy , entrepreneur
+919150532967
INDIA

The rise in P2P trading has led to a surge in fraudulent activities, particularly scams involving personal and financial data misuse or promises of high profits. In July, a notable incident in Ujjain, India, involved individuals apprehended for a P2P scam related to the Binance platform, using fake accounts and documents to exploit users for a fee of 1,500 Indian rupees ($18).

P2P scammers often use fraudulent crypto-focused Telegram channels to lure users with promises of returns or airdrops, tricking them into sharing sensitive banking information. They then create P2P accounts on platforms like Binance and WazirX to execute scams, targeting sellers and disappearing with cryptocurrency after completing transactions.

Victims often report to the police, leading to frozen bank accounts linked to scams, affecting unsuspecting traders on P2P platforms. In one case, a seller faced police intervention and threats due to a $40 transaction on WazirX, despite completing a P2P transaction. Resolving these issues involves complex processes and limited access to funds, causing significant challenges and fear among victims of P2P scams.

CONCLUSION -ALWAYS DEAL WITH TRUSTED DEALER

#BTC‬ #ScamRiskWarning #P2PScamAwareness #P2PScams #P2PScamPrevention

Why was the Crypto Market Down on 30 April 2024? $140 Million Liquidated in the Past 4 Hours

-Ricky roy ,india
+919150532967
Entrepreneur cum international promoter

Cryptocurrency enthusiasts find themselves on a rollercoaster ride as the crypto market takes a tumble over the past day, leaving traders scratching their heads in confusion. Despite a surge in positive sentiments surrounding cryptocurrencies in recent months, the Bitcoin price has stumbled in its attempt to maintain its bullish stride, stumbling at the significant $74k threshold.

The latest market data paints a somber picture, with Ethereum (ETH) witnessing a plunge of over 5 percent on Tuesday, dipping to a low of approximately $2,962. To weather the storm of volatility, more investors are shifting their focus from the unpredictable altcoin market to the relatively stable realms of both stablecoins and the Bitcoin market.

This shift is reflected in Bitcoin’s dominance, which surged by 1 percent to around 55.16 percent on Tuesday.

Liquidations Mount as Volatility Peaks
As the crypto landscape becomes increasingly volatile, the fallout is palpable, with over $100 million worth of long traders liquidated in the past four hours alone, adding to the staggering tally of nearly $300 million wiped out in the past 24 hours.

The tumult in the crypto sphere is poised to intensify in the days ahead, with all eyes on high-impact events, notably the impending release of crucial data by the United States Federal Reserve concerning interest rates and the Federal Open Market Committee (FOMC) on Wednesday.

Additionally, the looming sentencing of former Binance CEO CZ threatens to further roil the already turbulent waters of the market.

Is There Hope Still?
The cryptocurrency market is already in a macro bull cycle following the recent Bitcoin halving and the approval of spot BTC ETFs in Hong Kong and the United States. As a result, a possible crypto rebound could send Bitcoin price to a new all-time high (ATH) anytime in the coming months

BITCOIN HALVING 2024: HOW MEGA CRYPTO EVENT IMPACTED BTC PRICES, INVESTORS

-Ricky roy ,india
+919150532967

The halving coincided with a surge in transaction fees as many users competed for limited space. Bitcoin users collectively spent 37.7 BTC in fees, equivalent to over $2.4 million at current prices, to secure transactions within this block.



Bitcoin has completed its fourth halving. This historic moment, which occurred on April 19, 2024, saw the block reward for Bitcoin miners reduced by half, from 6.25 BTC to 3.125 BTC.
 Ryan Lee, Chief Analyst at Bitget Research, commented on the event, “Less than 48 hours since the BTC halving, we’re witnessing a pivotal moment in the cryptocurrency market. This event, which is designed to regulate the supply of Bitcoin, has historically spurred intense market speculation and volatility. Historically, each halving has paved the way for a bull market in the subsequent 6-12 months.”Surge in Transaction Fees and Market Corrections The halving coincided with a surge in transaction fees as many users competed for limited space. Bitcoin users collectively spent 37.7 BTC in fees, equivalent to over $2.4 million at current prices, to secure transactions within this block. The halving block saw a record-high 37.6 BTC fee (worth more than $2.4 million) attached to it. Lee added, “Recent market corrections have brought challenges, causing some investors to incur losses. Despite this Bitcoin price momentum, there are significant opportunities ahead. The investment logic remains sound, with a short-term focus on BTC ETF fund flows, a medium-term outlook on stablecoin market value, and a long-term consideration of the Federal Reserve’s Monetary Policy.”Impact on Bitcoin Miners and Market The immediate impact of the halving is felt primarily by Bitcoin miners, who see their block rewards cut in half. This affects their profitability and could lead to changes in the cryptocurrency mining industry. As the rate at which new bitcoins enter circulation is reduced by 50 per cent, the asset becomes increasingly rare.