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đŸ”„đŸ’„Binance founder Cz Binance statement: We are in a new phase Changpeng Zhao, the founder and former CEO of Binance, the world's largest cryptocurrency exchange, released a statement yesterday after being sentenced to 4 months in prison. Zhao, in his statement, thanked for the interest and support shown, saying that the crypto sector has now entered a new phase. The founder of #Binance used the following statements: I would like to thank everyone for the interest and support you have shown by writing a letter, through X or in any other way. They all mean a lot to me and make me strong. I will complete my sentence and finish this phase and focus on the next part of my life (education). I will remain a passive investor (and holder) in crypto. Our industry has entered a new phase. Compatibility is very important. The fact that Binance has been put under the lens during this entire process is a ray of hope. And the funds are SAFU (safe). Let's protect the users!” #BTC‬ #CZBinance #BNB

đŸ”„đŸ’„Binance founder Cz Binance statement: We are in a new phase

Changpeng Zhao, the founder and former CEO of Binance, the world's largest cryptocurrency exchange, released a statement yesterday after being sentenced to 4 months in prison.

Zhao, in his statement, thanked for the interest and support shown, saying that the crypto sector has now entered a new phase.

The founder of #Binance used the following statements:

I would like to thank everyone for the interest and support you have shown by writing a letter, through X or in any other way. They all mean a lot to me and make me strong. I will complete my sentence and finish this phase and focus on the next part of my life (education). I will remain a passive investor (and holder) in crypto. Our industry has entered a new phase. Compatibility is very important. The fact that Binance has been put under the lens during this entire process is a ray of hope. And the funds are SAFU (safe). Let's protect the users!”

#BTC‬ #CZBinance #BNB

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đŸ”„đŸ’„Shiba Inu Takes Center Stage With Dedicated Payment Page On Binance Pay payment service by Binance, has recently introduced a dedicated page to facilitate #ShibaInu (#SHIB ) payments. This new feature opens up a host of opportunities for SHIB holders, streamlining the process for businesses and individuals to transact with this increasingly popular token. Binance Pay Launches Dedicated Page For Shiba Inu The newly launched page is designed to simplify the acceptance of SHIB payments, according to a report by ‘The Shib Daily’. Hence, this demonstrates Binance Pay’s commitment to enhancing the utility of cryptocurrencies in everyday transactions. Binance Pay supports seamless payments with over 80 tokens, including SHIB. Moreover, it offers users a convenient and secure method to utilize their crypto assets. A standout feature of using SHIB through Binance Pay is the absence of gas fees, which have historically been a significant barrier to crypto spending. By eliminating these fees, Binance Pay has significantly boosted Shiba Inu’s transaction volume. This elevates it to one of the most popular tokens on the platform. This ‘fee-free’ environment encourages more frequent and varied transactions, making SHIB a more attractive option for both consumers and merchants. Beyond facilitating payments, Binance Pay extends its versatility with the Binance Marketplace, a hub where users can purchase a variety of products and services using Shiba Inu. The marketplace is particularly appealing due to its exclusive deals, discounts, and token rewards, providing added value to SHIB holders. This integration enhances the practical application of SHIB, transforming it from a speculative asset to a viable medium of exchange. Furthermore, Shiba Inu’s integration into Binance Pay underscores the platform’s broader strategy to expand the everyday utility of cryptocurrencies. Meanwhile, the SHIB price surged amid the broader market rally today. #binance #Memecoins
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đŸ˜±đŸŠˆđŸŠˆShiba Inu Whales Bought 4.35 Trillion SHIB Since March #ShibaInu sharks and whales addresses have accumulated over 4.35 trillion #SHIB since March, constantly increasing their balances. This is according to on-chain data obtained by the crypto behavior analytics resource Centiment. February Dec, in particular, addresses with between 100,000 and 1 million SHIB and cumulative balances of those with at least 1 billion tokens have increased rapidly since the beginning of the previous uptrend in late February. Recall that Shiba Inu began its meteoric rise after the meme money craze on February 26, when it saw its price rise to amazing heights. SHIB continued this rise until March 5 and regained the $ 0.000045, a 27-month high, with an impressive increase of 373%. Shiba Inu Sharks Have Been Accumulating Since June 2023 June 2023 The ongoing accumulation pattern of Shiba Inu sharks holding between 100,000 and 1 million SHIB was already underway when this uptrend started, as this group of addresses started collecting tokens from June 2023, when the SHIB dropped significantly to $0.00000543, the lowest level of the cycle These wallets came together to buy the Decadence and continued their purchases in the new year. Interestingly, the campaign gained momentum when SHIB registered a price increase in late February. As a result, these addresses have purchased 10.61 billion tokens since March 1 and currently hold a cumulative 115.31 billion SHIB. #Memecoins #binance
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đŸ˜±đŸŠˆđŸŠˆDogecoin: Whales' $130 million entry could lead to another rally Whale Investors Bought 820 Million DOGE in May 2024. At the time of writing, #DOGE has risen by over 0.15%, erasing last week's losses. While the retail campaign surrounding Gamestop has dominated the headlines of the crypto media, on-chain data shows that whale investors are imitating the #Dogecoin rally behind the scenes. The Centimeter graph below shows the cumulative balances held in whale wallets with a minimum balance of 1 million DOGE (~$150,000). This measurement mainly provides information about real-time fluctuations in the buying and selling trend of whale investors. As can be seen above, whales had a total of 57.06 billion DOGE in their possession as of May 1, 2024. On May 16, 2024, the assets of these whales had jumped to 57.9 billion DOGE. This means that crypto whales have achieved 822 million DOGE since the beginning of May 2024. Judging by current prices, whales has invested an additional $130 million, taking advantage of the bullish headwinds from Dogecoin's recent tie-ups with Tesla and Gamestop. The fact that whales make such large purchases during a rally usually intensifies the upward price movement for two main reasons. For one, the positive sentiment surrounding the whales' upward trend may encourage potential buyers who have been standing on the sidelines to join the fray. In addition, large volume purchases from these whales add a significant amount of liquidity to the markets and allow early profit Octobers to exit the market without dragging down Dogecoin prices. #Memecoins #binance
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đŸ˜±đŸ‡čđŸ‡· The draft law regarding the legalization of crypto assets in Turkey will be presented to the Parliament today. The crypto law is being submitted to the Turkish Grand National Assembly today The AKP will present its legislative proposal for the identification of #crypto assets to the Turkish Grand National Assembly today at 15.30. Treasury and Finance Minister Mehmet Simsek stated that crypto assets will be legally defined for the first time with this proposal. The AKP will present its law proposal on the identification of crypto assets to the Turkish Grand National Assembly today at 15.30. Treasury and Finance Minister Mehmet Simsek stated that crypto assets will be legally defined for the first time with this proposal. The AKP will submit its law proposal containing the legal definition of crypto assets to the Turkish Grand National Assembly Presidency. AKP Group Chairman Abdullah GĂŒler will announce the details about the "Proposed Law on Amendments to the Capital Markets Law" at a press conference to be held at the Turkish Grand National Assembly at 15.30. Treasury and Finance Minister Mehmet Simsek stated that crypto assets will be legally defined for the first time with the proposal to be presented today. This arrangement also includes the last condition required for #Turkey to exit the gray list. Crypto assets will be defined as "intangible assets that can be created and stored electronically using distributed ledger technology or similar technology, distributed over digital networks, and can express value or rights". The FATF, which oversees the compliance of countries in the fight against financial crimes, had placed Turkey on the gray list in 2021 because it was insufficient in the fight against money laundering and the financing of terrorism. Turkey is compatible with 39 out of 40 standards and this regulation aims to eliminate the last deficiency in the crypto field. #Binance #BTC
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đŸ˜±đŸ”„The person who bought and sold Meme Coins on the Solana network earned 200 thousand dollars in 5 minutes During the 2024 bull season, especially the trades made through meme coins issued on the Solana network were the subject of discussion, while an investor managed to earn 1238 SOLS worth 200 thousand dollars from a meme coin that he deposited only 9 SOLS. This person made 137 times earnings in 5 minutes. the Solana-meme coin craze, which started with BONK in November of 2023 and then reached another dimension with WIF, continues at the same pace while the market is falling and rising. 137 floors in 5 minutes! An investor trading on the Solana network, on the other hand, started the transaction by depositing only 9 SOL tokens (about $ 1470), which earned him a fortune, albeit a small one, in 5 minutes. This person received 28.5 million TOBI tokens with 9 SOL. After the TOBI price rose sharply, the investor who sold in 5 minutes sold all the tokens and increased 9 #SOL tokens to 1238 units. Recently, such gains have started to be seen frequently, especially on the Solana network, while it was noteworthy that many traders made purchases in seconds when the project team loaded liquidity. This was also the biggest indicator that insider information was received. Although there does not seem to be such a situation in the #TOBI token at the moment, many crypto investors agree that this trade is a clear manipulation
 #Memecoins #binance
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