Here is a detailed bullet-point post about what Imran Khan did for cryptocurrency users in Pakistan:
- **Formation of Taskforce on Cryptocurrency (2018)**: - Imran Khan's government established a taskforce to study and propose regulations for cryptocurrency in Pakistan. - This taskforce aimed to understand the potential benefits and risks associated with digital currencies.
- **Recommendations for Legalization (2020)**: - The taskforce recommended the legalization of cryptocurrency in Pa
Ben, a seasoned crypto investor and educator, remains optimistic about a significant rally, potentially peaking in 2025. Despite the current market dip, his forecasts have sparked interest and debate among crypto enthusiasts. Stay tuned for more insights and updates from the crypto world!
- **Breaking News: Harris vs. Trump Neck-and-Neck in Key States! 🗳️** - Kamala Harris and Donald Trump are in a dead heat in crucial battleground states. - The race is tied in Michigan and Pennsylvania. - Trump holds a slim 1-point lead in Wisconsin. 🌊💪 - Kamala Harris is surging ahead with a 6-point lead in Minnesota! 🌞🌈 - This election is shaping up to be a nail-biter, folks! 😬🍿
- **Realization**: Discover 700 Bitcoin unexpectedly in your wallet. - **Magnitude**: Equivalent to a substantial fortune in traditional currency. - **Ethical Dilemma**: - **Honesty**: Attempt to trace the origin and return it to the rightful owner. - **Retention**: Contemplate keeping the cryptocurrency for personal gain. - **Investment Choices**: - **Tangible Assets**: Consider buying a house for stability and security. - **Wealth Generation**: Leverage the windfall for greater wealth through trading and investment in cryptocurrency. - **Implications**: - **Ethical Compass**: Reflect on honesty and integrity. - **Financial Aspirations**: Balance immediate gains with long-term goals. - **Risk Appetite**: Weigh the volatility of crypto markets against potential rewards. - **Decision-Making**: Navigate unprecedented opportunities and moral decisions at the crossroads of fate.
**🛡️ Precautions to Avoid Forward Disputes in Pakistan's P2P Trading Scene 🛡️**
1. **Avoid Third-Party Payments**: Never accept payments from third parties, even if they provide a CNIC. ❌ 2. **Verify Identity**: If the name matches, request a video showing account statement history and both sides of their CNIC. 📸 3. **Check Recent Transactions**: Ask if they've received any payments in the last 3 days. 🕵️♂️ If they can't provide details, consider canceling the trade. 🚫 4. **Bank Responses**: Banks usually #respond to suspicious payments within 3-6 hours. ⏰ 5. **Safe Mode**: If they haven't received any payments recently, they're likely buying in a safer manner. ✅ 6. **Check MFBs and EMIs**: For Microfinance Banks and Electronic Money Institutes, request the last 10 days of account history. 📅 Disputes in these cases can arise days later. ⚠️
- **TOTAL3 is still downtrending:** Technically, the overall trend remains downward. - **Similarity to January:** Current price action mirrors the patterns seen earlier this year. - **Cooling off after uptrend:** After a significant upward move, prices are now consolidating. - **Shakeout observed:** There was a notable shakeout, shaking out weak hands. - **Recovery above support:** Prices have rebounded and are now holding above key support levels. - **Not fading this:** Despite the technical downtrend, the recovery and similarities to past patterns make this a bullish signal for me. - **Optimistic outlook:** I'm maintaining a positive stance and not fading the current price action.
# Altcoins to Avoid: Key Characteristics and Examples
## Three Main Types of Altcoins to Avoid:
# Altcoins to Avoid: Key Characteristics and Examples
## Three Main Types of Altcoins to Avoid:
### 1. Old and Overvalued Projects - **Characteristics:** - No technological innovation or upside potential. - Likely to decline in value compared to $ETH over time. - **Example:** - **Ripple (XRP)** - Designed for fast, cheap international money transfers. - An unnecessary fork of $BTC with an overly inflated valuation. - $ETH or $BTC are better alternatives.
**Bitcoin [BTC] Sets an Optimistic Tone Despite Correction Threat: What to Expect This Week?**
- **Weekly Performance:** - Bitcoin (BTC) increased by over 4%. - Ethereum (ETH) gained approximately 2%. - Current prices: BTC at $64k and ETH at $3.5k.
- **Market Sentiment:** - Positive shift in market sentiment for BTC and ETH. - Increase in the weighted sentiment index reflects bullish investor expectations. - Realization to Market Value (MVRV) ratio indicates potential bull rally.
- **Ethereum's Technical Analysis:** - Moving Average Convergence Divergence (MACD) index shows a bullish market advantage. - Relative Strength Index (RSI) and Money Flow Index (MFI) are nearing overbought zones. - Potential for increased selling pressure and price decline.
- **Bitcoin's Technical Analysis:** - Overall sentiment and MVRV ratio have increased. - RSI and MFI indicators are trending downward. - Suggests a potential market correction next week despite bullish sentiment.
- **Conclusion:** - BTC and ETH showed significant growth last week with positive investor sentiment. - Technical indicators suggest a possible price correction. - Investors should monitor market trends closely and make informed decisions in this dynamic financial environment.
- **Objective:** Increase market liquidity and improve users' trading experience. - **Effective Date:** 2024-07-25 06:30 (UTC). - **Impact:** Adjustments to tick size (minimum change in unit price) for certain USDⓈ-M Perpetual Futures Contracts. - **No Impact On:** USDⓈ-M Futures trading operations; existing orders will be matched with the original tick size. - **API Update:** Tick size via API will also change. API users can use `GET /fapi/v1/exchangeInfo` for the latest tick size details. Refer to the full API Changelog for further updates. - **Specific Adjustments:** - **HFTUSDT:** 0.0001 → 0.00001 - **ETHWUSDT:** 0.001 → 0.0001 - **KSMUSDT:** 0.01 → 0.001 - **BADGERUSDT:** 0.001 → 0.0001 - **MAVUSDT:** 0.0001 → 0.00001 - **MASKUSDT:** 0.001 → 0.0001 - **BNTUSDT:** 0.0001 → 0.00001 - **ZKUSDT:** 0.0001 → 0.00001 - **Action:** Refer to Trading Rules for more details and adjust trading strategies accordingly. - **Note:** The original English version of the announcement should be referenced for the most accurate information in case of discrepancies in translations.
- **US Government Action:** - Transferred 58.472 BTC worth $3.96 million. - Bitcoin moved to wallet “34tXj..HUXfd” and then to Coinbase Prime. - Holds 213.239K BTC valued at ~$14.43 billion. - Selloffs raising concerns among investors about potential price impacts.
- **Market Response:** - Bitcoin price surged over 1%, crossing $68,200. - Trading volume increased 84% to $43.79 billion. - BTC Futures Open Interest rose 2% in 24 hours, indicating strong market confidence.
- **Key Bullish Catalysts:** - **Donald Trump’s Speech at Bitcoin Conference 2024:** - Anticipated to boost market sentiment and possibly introduce Bitcoin as a strategic reserve. - **Spot Bitcoin ETF Inflows:** - Strong investor interest, reinforcing confidence in Bitcoin’s long-term value.
- **Investor Sentiment and Future Outlook:** - US government selloffs contribute to market anxiety, potentially reversing the bullish trend. - Positive factors like Trump's endorsement and robust ETF inflows may counterbalance the negative impact. - Investors advised to stay vigilant, monitoring selloff activities and positive developments.
- **Regulatory Framework**: - Imran Khan's administration might introduce clearer regulations for cryptocurrencies. - Potential boost in market confidence. - Attraction of investment in the crypto space.
- **Innovation and Adoption**: - Promotion of technological innovation. - Encouragement of blockchain and crypto technology adoption. - Creation of a more favorable environment for growth.
- **International Relations**: - Diplomatic efforts could open up cross-border opportunities for crypto transactions. - Enhanced global integration and liquidity.
🚨Alert Alert Alert Alert🚨 ⚠️Binance (P2P)⚠️ Scam In Pakistan⚠️
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Binance P2P disputes are on the rise in Pakistan, with three recent cases involving blocked accounts due to fraudulent activities. The common issue in these disputes was transactions occurring outside of Binance, resulting in fraud complaints and account blocks. To avoid similar complications, it's crucial to understand the root cause and take necessary precautions.