âĄïž @BinanceLabs makes an investment in 4 top-performing projects from the MVB
Binance Labs has invested in 4 top-performing projects from the recent season of @BNBCHAINâs Most Valuable Builder program. Among the selected projects are @Aggregata_xyz, @Opinionlabsxyz, @Sidekick_Labs, and @Vooi_io. Earlier in March, Binance Labs introduced 13 projects selected to join the 7th season of MVB. Participants of the MVB accelerator program received personalized mentorship from experts at #BNBChain $BNB, CMC Labs, and Binance Labs, as well as access to the BNB Chain Launch-as-a-Service package.
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$SOL Price Forecast: A Cautious Outlook
At the time of writing, Solana's price is trading around $142, hovering above the $137 support level. The short-term recovery of SOL from $130 to $162 earlier this month has nearly fizzled out. The cryptocurrency is likely to consolidate below $156, as it has in the past.
Should the $137 support level be breached, the altcoin could eventually drop to $126, which serves as a crucial support level. A rebound from this point would reinforce the broader range between $186 and $126.
However, the outlook could shift if a gradual recovery allows Solana to reclai the $156 support level. While SOL might not fully recover from the 30% decline since July, it could still rally to $169,potentially invalidating the bearish outlook. $SOL
{spot}(SOLUSDT)
$BTC
{future}(BTCUSDT)
đđ My Binance Army, I Need Your Support! đ
I'm thrilled to be ranked 61st on the leaderboard, but this is just the beginning! With your unwavering support, Iâm aiming for the top 10! Every interaction, every bit of engagement brings us closer to that goal. Letâs show the Binance community what weâre capable of! đȘ Whether itâs a like, a comment, or a share, your support makes all the difference. Together, we can rise through the ranks and make a mark that everyone will remember. Letâs make this journey unforgettableâone step at a time, one rank at a time. I believe in us, and I know we can achieve this milestone. Letâs do this, Binance fam! .And Buddy if you don't vote me today ([Click here and vote međ€đ€đłïž](https://app.binance.com/uni-qr/cpro/raiaftab6869?l=en&r=938254818&uc=app_square_share_link&us=copylink)
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đNEUTRAL: $ROSE (1W)
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Analysis:
Roseusdt has bounced back from its all-time high (ATH) and landed in a robust demand zone packed with dynamic liquidity. This strong foundation is signaling a bullish reversal, backed by a bullish flag pattern. We might be on the brink of a new impulsive wave cycle.
Price Targets:
If this bullish reversal gains momentum, the initial targets to look out for are $0.11563, $0.18484, and $0.25217. For those eyeing mid-term gains, keep an eye on $0.28945 as a significant resistance level.
$ROSE #DYOR
{spot}(ROSEUSDT)
Kamala Harris's Tax Proposals Rock the Crypto Market.
Vice President's Backing of Capital Gains and Unrealized Gains Taxes Sparks Alarm.
The crypto community is in turmoil after Vice President Kamala Harris announced her support for President Biden's FY2025 budget, which proposes a staggering 45% capital gains tax on long-term U.S. investments. But thatâs not allâsheâs also considering an additional 25% tax on unrealized gains, further fueling concerns.
Crypto Market in Turmoil:
The news has triggered a sharp decline in Bitcoin ($BTC) and altcoins, with investors scrambling to gauge the potential impact. The crypto market is now bracing for what could be a significant setback, with several key concerns emerging:
Business Exodus: Stricter tax regulations could push crypto businesses to leave the U.S., resulting in a brain drain and a loss of innovation.
2. Investor Confidence: Higher taxes may undermine investor confidence, leading to decreased investment and slower adoption of cryptocurrencies.
3. Market Volatility: The increased regulatory uncertainty could cause market fluctuations, making it harder for investors to navigate the landscape.
Crypto Community Pushes Back:
In response, the crypto community is calling on policymakers to rethink these proposals, highlighting several risks:
1. Overregulation: Excessive taxation could stifle innovation and slow the growth of the crypto industry.
2. Competitiveness: The U.S. could fall behind other nations with more crypto-friendly regulations, losing its edge in the global market.
3. Economic Impact: Higher taxes could reduce economic activity, affecting not just the crypto sector but the broader economy as well.
Stay Informed and Engaged:
As this situation evolves, it's vital to stay informed and join the conversation. Share your thoughts:
1. How do you think these tax proposals will affect the crypto market?
2. What steps can be taken to lessen the potential negative impact?
3. How can policymakers strike a balance between regulation and fostering innovation?
#MtGoxRepayments #MtGoxRepayments
Puell Multiple is currently around 0.75, a value typically viewed as a buying range. This metric, which measures the ratio of daily coin issuance to its 365-day moving average, suggests a potential bullish trend. Concurrently, Bitcoin is forming a flag pattern on the technical chart, a formation often indicative of a continuation of the prevailing trend. The alignment of the Puell Multiple with the flag pattern strengthens the hypothesis of an impending bullish movement for Bitcoin. Market participants may find this confluence of indicators encouraging for future price appreciation.
đđđ #CBDCDebate : Freedom vs. Control, Experts Weigh In
#Rippleđ° CTO David Schwartz recently faced significant backlash on X for his support of Central Bank Digital Currencies (CBDCs), sparking a heated debate on free speech and the implications of CBDCs.
Critics of CBDCs argue that these digital currencies undermine the concept of individual freedom. In response, Schwartz clarified that he wasn't advocating for anyone to be forced into using CBDCs, emphasizing the importance of individual choice.
The discussion originated from a controversy involving Brazilian Supreme Federal Court Minister Alexandre de Moraes, who threatened Xâs legal representative in Brazil with arrest if the platform didnât comply with government censorship orders. Xâs Global Government Affairs team subsequently announced that the platform would be shutting down its operations in Brazil due to these threats.
Elon Musk weighed in on the situation, posting on X about the importance of protecting free speech in America.
The conversation eventually shifted to CBDCs and their impact on freedom, with Schwartz entering the discussion. Crypto enthusiast Jim Pickrell criticized Schwartzâs support for CBDCs, arguing that it contradicted the idea of freedom. He also pointed to Schwartzâs past work with the National Security Agency (NSA) to bolster his critique.
#Schwartz countered by stressing that no one is being forced to adopt CBDCs, and that his support is based on their potential benefits. He added, âIf you donât like CBDCs, donât use them.â
The debate over CBDCs remains a divisive issue, with strong opinions on both sides. While Schwartz continues to advocate for their potential, figures like Edward Snowden, another former NSA employee, have criticized CBDCs as a âperversion of #cryptocurrency. â
Source - coinedition.com
#BinanceSquareTalks
I closed all my trades a few hours ago. I booked a 5% gain on TRX, 3% on INJ, and 2% on BTC. The setup still looks good, but I'm not happy with Bitcoinâs current performance.
If Bitcoin drops further, it could ruin my bullish outlook, so I decided to avoid the risk while BTC is uncertain.
TRX hit 8%, BTC reached 5%, and INJ went up to 7%, but I didnât sell at the peak. The charts were so clear ready for a breakout, but at least I locked in some profits. The market has been pretty tough lately and still wants chop. Either way will decide when BTC will leave this range above or down.
I also booked a 3% gain on WIF.
#MyCryptoFamily
I hope everyone is doing well! I want to extend a heartfelt thank you to all of you for your incredible support. Yesterday, i got 50 votes, and today it climbed to 143, i need more votes to be in top 70.
Need your support.
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Letâs keep this momentum going, and with your continued support, weâll be in the TOP 10 soon. Don't forget to claim your Red Packet and give a single click to show your support. Together, weâre unstoppable!
#MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #CryptoMarketMoves