Important News Alert:
Saudi Arabia has decided to stop using the US dollar for selling oil. Instead of only accepting dollars, they will now accept other currencies like the Chinese RMB, Euros, Yen, and Yuan for oil transactions. This change marks a significant shift in their long-standing agreement with the United States.
altcoins binanc
#alcoinsseason #BTCFOMCWatch #ETHETFsApproved

Here's a simplified version of the message:

For Bitcoin to possibly start a full uptrend next month, it needs to finish this month below $42,409.76. Similarly, if the six-month chart also ends below this mark this month, it could indicate a complete six-month upward trend. However, if Bitcoin doesn't close below $42,409.76, there's a strong chance it could face a significant decline over the next six months. The expected level is around $37,500. Remember to do your own research (DYOR).
#BTC #ETHETFsApproved $BNB

Here's a simplified version:

I have a classmate who five years ago earned over 10 million yuan. Instead of buying a house or investing in stocks, he deposited all the money in a bank, living off the interest each year. Although this is a safe approach, it may struggle to keep up with inflation. Even with a 3% annual return, he only earns 300,000 yuan in interest annually. I suggested he consider investing some of the money in stocks or funds for higher returns, but he felt unsure due to lack of experience and fear of losing money. He prefers to stick with his safe but low-growth strategy. I think diversifying investments could potentially grow his wealth more effectively in the long run, but it's ultimately his choice whether to explore new opportunities or stay conservative.

Certainly! Here's a simplified version:

The market sometimes goes through sudden price increases and then sharp decreases. This happens mainly because of large traders known as "whales." Here's why it happens:

1. **Market Manipulation**
- **Pump Phase:** Whales buy a lot of cryptocurrency at once, which drives up the price.
- **Create Hype:** They spread positive news to get smaller traders to buy, pushing the price higher.

- **Dump Phase:** Once the price is high enough, whales sell their holdings at these higher prices.
- **Taking Profits:** Selling in large amounts causes the price to drop quickly.

2. **Market Sentiment and Psychology**
- **Fear of Missing Out (FOMO):** When prices rise fast, smaller traders buy out of fear of missing out, pushing prices higher.
- **Panic Selling:** When prices drop, these traders sell quickly, making prices fall even more.

3. **Liquidity Hunting**
- Whales look for places with lots of traders and big orders.
- They quickly move prices to make traders with stop-loss orders sell at a loss or buy back at a higher price.

By understanding these tactics, traders can protect themselves better in the unpredictable cryptocurrency markets.
#TrashinQAİ
#Write2Earn!

Join our #Binance200M celebration! Attend local events and share your photos or videos on social media with the hashtag #Binance200M. The most creative posts could win 20 BNB token vouchers each. Winners will be announced on Binance's official social media accounts. Remember to follow the terms and conditions.

Big Market update 🚨:
All Traders are you ready for FED rate of USA
🇨🇦 Bank of Canada recently cut rates.
🇪🇺 European Central Bank recently cut rates.
🇺🇸 Will the Federal Reserve cut rates today? 👀

Leave a comment without a like ❤️ for a chance to win 100 BSW! Hurry, you have 24 hours⏰. The more comments, the more chances to win #crypto.

Reminder: The 'Write to Earn' campaign is still happening! 🔥🔥🔥 Whether you're new or have already joined, share your content on Binance Square and earn up to 30% commission in cryptocurrency on your readers' trading fees. Sign up here🔗

Binance recently launched the $IO token a few hours ago. It seems like it gained over 50 times its value, which is more than 5000%. But actually, it has dropped by over 20%. The increase was over time, while the decrease happened all at once. So, it will take about a day for the correct daily ratio to show up. If you found this helpful, follow for clear analysis and updates.
#TopCoinsJune2024 #IOprediction

Bitcoin dropped by 1.16% very quickly, making people panic and sell their Bitcoin. This sudden drop happened because some bad economic news came out in the US. The news showed that more people are out of work than expected, and there might be big losses in US banks. This made investors worried about the economy, so they sold their Bitcoin fast. Bitcoin's value went down to $68,718.89, causing a lot of trading activity as people tried to sell quickly. Bitcoin is the biggest cryptocurrency and lost some of its value, which reflects how shaky the overall market is. This event reminds us that cryptocurrencies can change a lot, especially when there's bad news about the economy. Despite the drop, Bitcoin is still a major player in the market. This shows how important it is to keep up with the news, especially when dealing with cryptocurrencies. The information comes from CoinMarketCap, but it's important to remember it's just for reference and might not be completely accurate.
#TopCoins2025 $BTC

US President Joe Biden just said no to a decision made by Congress about a rule called SAB 121 from the SEC. This rule says that financial institutions holding cryptocurrencies for customers need to keep track of these assets on their own balance sheets. Some people don't like this rule because they think it makes it hard for financial institutions to work with crypto companies. President Biden says he wants to protect consumers and investors, so he doesn't support any decisions that could harm them. He thinks the decision made by Congress would limit the SEC's ability to make rules and solve future problems. He wants to work with Congress to make new laws for the digital asset market to protect consumers and investors. Senator Ron Wyden, who is also from Biden's party, is worried about this rule and talked about it at a conference. He thinks it treats crypto differently from other assets in the financial world.
$BTC $ETH $BNB

Saudi Arabia decided to stop using only the US dollar for selling oil, which was the rule for more than 50 years. Now they want to use other currencies like the Euro, Yen, and Yuan, as well as cryptocurrencies. They're doing this to rely less on the US dollar. Saudi Arabia is also part of a project led by China called Project mBridge, which is about using digital currencies between countries. This could make more countries use different currencies instead of just the US dollar. This change might make Bitcoin and other cryptocurrencies more popular because they are not controlled by any one country and there is only a limited amount of them. Some experts think that if the petrodollar deal ends, the US might print more dollars, which could make prices go up, so people might want to invest in Bitcoin instead. This change in the US-Saudi petrodollar agreement, which started in 1972, is a big deal. It means that more countries might start using different currencies for trading, which could affect the world's financial markets. The Bank for International Settlements (BIS) says that Saudi Arabia is actively taking part in Project mBridge and trying to work with more countries economically.

Tomorrow at 12:00 UTC or 5:30 pm IST, Binance will add IONET (IO) to its list. This project has seen big improvements lately and is a major part of Web3. If you want to get IO tokens, follow these steps:
1. Go to the launchpad page.
2. Find IO and click on it.
3. Stake either BNB or FDUSD in any pool to earn IO.
IONET is a platform for AI computing and cloud services. It combines GPU resources to give machine learning access to lots of computing power at a lower cost than usual.
Investors have put $30 million into the project, with big names like Delphi Digital and Animoca Brands among them.
I think IO will be worth over $400 million when it's listed, with each token starting at least at $4. Remember, this is just my opinion, not financial advice.

If the coin's price goes way up, take out all your money and switch it to USDT. Wait for about a week. The market will likely drop a lot. Then, buy back in.

To celebrate reaching 200 million users, Binance is giving away 200 BNB! Here's how you can participate:

1. Visit the special page.
2. Click "Do it" next to a task.
3. Complete tasks during the event to earn chances.
4. Click "GO" to see what you've won.

You can earn more chances by:
- Referring a friend who signs up, does KYC, and deposits at least 50 USDT.
- Trading at least 500 USDT in any trading pairs.
- Trading at least 100 USDT in BNB pairs.
- Buying at least 100 USDT worth of crypto through Binance P2P.
- Depositing at least 100 USDT.

Remember:
- Each task can be done once per person, except referrals.
- Rewards will be sent to your Spot wallet.
- The 20 BNB Pool rewards will be shared among winners.
- The maximum reward from the Pool is 10 USDT.
- Don't share your Binance info.
- Appeals for issues must be submitted before June 22nd.
- Sub-accounts won't count separately.
- Binance may disqualify certain trades.
- Binance can change the rules at any time.

Join the celebration and win some BNB!

Crypto whales are scammers. They manipulate the market, causing people to lose money in minutes. It's a serious scam, and it's making me lose trust in cryptocurrency.

Big news! Mastercard has introduced something called "Crypto Credential." It lets people send cryptocurrency to anyone using just their username, instead of a complicated wallet address. Mastercard has 1.5 billion debit cards out there, so this could be really good for cryptocurrency. 🚀
#BinanceLunce #btc73k #MicroStrateg

Sure, here's a simplified version:

**C2C Deposits and Withdrawals: Beginner's Guide**

**Deposits:**
1. **Depositing Funds:** Most C2C platforms require funds to be in your account for at least 7 days before making a purchase. If your funds are fresh, consider using WeChat or Taobao instead of a bank card.
2. **Choosing a Merchant:** Look for the shield logo; shield merchants offer more protection. If your card gets frozen during a withdrawal, shield merchants might compensate you partially.

**Withdrawals:**
1. **Adding Payment Method:** You can add WeChat, Taobao, or a bank card. Shield merchants might compensate you, but they have high entry thresholds and their prices can fluctuate.
2. **Choosing a Merchant:** Don't just go for the highest bidder. Some may offer high prices but could be involved in questionable activities. Look for merchants with longer settlement times and more transactions.
3. **Using Large Merchants for Big Withdrawals:** If you're withdrawing a large sum, consider using large merchants on C2C platforms. For smaller amounts, it's safer to use WeChat or Taobao.
4. **Bank Card Withdrawals:** If using a bank card, ensure the merchant pays with their real name. Don't trust payments from friends or relatives.
5. **Filtering and Sorting:** When withdrawing funds, use filters like success rate or order volume to find reliable merchants.

Remember, it's essential to understand these basics before diving into C2C transactions.
#BNB

Sure, here's a simplified version:

1. Mina Protocol (MINA)
Investment: $300
Current Price: $0.84 per token
Quantity: About 357 MINA tokens
Why: Mina Protocol is a lightweight blockchain, making it fast and accessible. It aims to make blockchain easier for everyone to use.

2. Portal (PORTAL)
Investment: $300
Current Price: $0.96 per token
Quantity: About 312 PORTAL tokens
Why: Portal connects games across different blockchains, creating a gaming ecosystem.

3. VANAR (VANRY)
Investment: $400
Current Price: $0.22 per token
Quantity: About 1,818 VANRY tokens
Why: Vanar is a blockchain designed for real-world use. It's focused on bringing more users to web3 with products like Virtua Metaverse and the VGN games network.

This portfolio offers exposure to different parts of the cryptocurrency market, from blockchain solutions to gaming, with potential for good returns. Remember to do your research and only invest money you can afford to lose.
#PORTALL #TopCoinsJune2024

Sure, here's a simplified version:

1. Binance's cryptocurrency, BNB, hit a record high of $720.
2. Donald Trump referred to himself as a "crypto president" at a tech event in San Francisco.
3. Binance now has over 200 million active users.
4. Australia's first Bitcoin ETF, which holds Bitcoin directly, has started trading.
5. Thailand approved its first Bitcoin ETF.
6. Robinhood bought Bitstamp for $200 million.
7. Standard Chartered Bank predicts that if Donald Trump wins the election, Bitcoin could reach $150,000.
8. Robinhood plans to acquire Bitstamp.
9. VanEck, a $90 billion asset manager, believes Ethereum could reach $22,000 by 2030.
10. The SEC Chair, Gary Gensler, commented that crypto exchanges are doing things not allowed in traditional exchanges.
11. Robinhood's CEO, Vlad Tenev, thinks crypto will reshape the financial system.
12. Ripple's CEO, Brad Garlinghouse, expects XRP ETFs to launch in 2025.
#BNB $Bitcoin