Yes, it's a good idea to deposit at least small amount, like $1, into your Binance account for several reasons: $BNB 1. *Account verification*: Depositing funds helps verify your account, ensuring you're the legitimate owner. 3. *Familiarity with the platform*: Depositing a small amount helps you get comfortable with Binance's interface and processes. 4. *Test transactions*: A small deposit allows you to test transaction processes, like depositing and withdrawing. 5. *Prevents account dormancy*: Some exchanges, including Binance, might consider accounts with zero balances 6. *Enables staking or earning*: With a balance, you might be eligible for staking or earning interest on your assets. 7. *Enhances security*: Having a small balance can
I know that it's almost impossible to Compare, but current vibes remind me of November 2020! Same story when everyone got bullish at resistance and leveraged longs caused a sell off. Hopefully the fractal works #BinanceTournament
Bitcoin halving is an event that occurs approximately every four years, where the reward for mining new blocks is reduced by half. This reduction in supply can lead to increased demand, which can drive up the price of Bitcoin.
Historically, Bitcoin halving events have had a significant impact on the price:
1. *2012 Halving*: Price increased from $10 to $1,000 (10,000% increase) 2. *2016 Halving*: Price increased from $650 to $19,666 (2,927% increase) 3. *2020 Halving*: Price increased from $8,000 to $64,804 (709% increase)
However, it's essential to note that other factors, such as global economic conditions, regulatory changes, and investor sentiment, also influence Bitcoin's price. The halving is just one of many factors that can impact the price.
Additionally, the impact of halving on price may decrease over time as the market becomes more mature and the supply reduction becomes less significant.
Keep in mind that past performance is not a guarantee of future results, and investing in cryptocurrencies carries risks. Always do your own research and consider multiple factors before making investment decisions. #bullrun2024📈📈 #BullRunAhead
$BTC When most people are going long, you should go short. When most people think it will break new highs, you should be prepared to break new lows. #Bitcoin_Coneference_2024
"Donald Trump ""Former U.S. President Donald Trump received his first physical Bitcoin in July 2024. This event was marked by significant media attention due to Trump's previously critical stance on cryptocurrencies. The Bitcoin was given to him by the CEO of a major cryptocurrency exchange during a high-profile event. The physical Bitcoin, known as a Casascius coin, represents one whole Bitcoin on the blockchain. This gesture was seen as symbolic, highlighting the growing acceptance and recognition of cryptocurrencies by mainstream figures. Trump's reception of the Bitcoin was met with a mix of enthusiasm and skepticism from the public and financial analysts alike. #ETH_ETFs_Trading_Today #Bitcoin_Coneference_2024 #ETH_ETFs_Approval_Predictions
"Urgent Bitcoin Warning: Prepare for a Potential Plummet! Attention all $BTC investors and traders, be aware of the risks! Contrary to some optimistic predictions of BTC reaching $73k or $70k, I firmly believe that BTC is likely to experience a significant drop below $55k, $50k, and even $47k this week. Don't be caught off guard! It's stilla good time to reevaluate your position, exit the market, or adjust your strategy to minimize potential losses. Stay alert and make informed decisions to safeguard your investments. Share this warning with your fellow traders and investors to help them protect their assets. #BTC☀ #shabana #SOFR_Spike#Write2Earn!
$BTC Vs Donald Duck's Conference: Bearish! As we discussed in our last Bitcoin update, the daily closing below resistance has resulted in a downward trend. Today, we see the market continuing to decline, with altcoins following suit. However, there's no need to panic. The market is expected to trade within the range we've previously indicated, i.e., $64K - $68K.
In the top 10 crypto projects ranked by market cap, only 3 projects have a hard capped max supply. $BTC - Bitcoin - 21 million. $XRP - Ripple - 100 billion. $ADA - Cardano - 45 billion. I think a hard-capped supply in cryptocurrency has some clear benefits because it really leverages basic supply and demand principles, them same principles we've seen play out with Bitcoin over the last 15 years. With a very limited and predictable supply, scarcity is naturally created, which drives up the value as demand increases. This helps preserve value over time and makes it a reliable store of value. (something a global operating currency should consist of right?)
Cardano has a hard capped max supply of just 45 billion. It's only a matter of time before basic supply and demand concepts play out again, and investors are attracted to an asset with inherent rarity due to fixed supply and increased demand. $ADA #Market_Update #BinanceTurns7
Attention!! There will be a big crash!! The real breakthrough is in a moment, Stop for so long, is it to let you get on board? More strategies for buying at the bottom and selling at the top, leave 666 Take you #Market_Update
A few days ago, the world richest man, Elon Musk added laser to his picture and this sparked rumors of the bull market and then today he changed his profile picture back to what it was before and this was during the time we were experiencing some solid bears on$BTC Also, we discovered Tesla has not sold any Bitcoin and still holds $BTC WOrth over $650M Stay Tuned #bitcoin☀️ #marketCrush
Boycott Cryptocurrencies! Bitcoin Could Threaten National Stability!" Hillary Clinton has raised significant concerns, suggesting that Bitcoin may undermine national stability. She warns that the rise of this digital currency could potentially destabilize not only the global hegemony of the US dollar but also pose a broader risk to national stability.
Clinton's concerns revolve around the idea that Bitcoin might disrupt national stability. She believes its growing influence could challenge the US dollar's position as the world's reserve currency and impact the global financial system.
She also highlighted the potential global ramifications, noting that Bitcoin's effects might start in smaller countries and gradually extend to larger nations.
What are your thoughts on Hillary Clinton's comments? Could Bitcoin really become a threat to national stability?
We can observe an interesting trend in #bitcoin☀️ cycles. - In 2013, the end of the bullrun came 9 months after reaching its previous ATH. - In 2017, it took 10 months for the cycle to reach its end. - In 2021, the end of the bullrun came 11 months after exceeding its previous ATH. By extrapolating this trend and adding an additional month for the current cycle, we could anticipate the end of this bullrun around March 2025. This estimate is based on the assumption that each Bitcoin cycle lasts a month longer than the previous one after reaching its ATH.
$BTC İs trying to break through the $68,000-$70,000 resistance range. If it succeeds, it could lead to a massive rally to $80,000. However, before that, $BTC might drop to $63,000 to gather more momentum.
The current price action is bullish, with higher lows and higher highs. A breakout above the resistance range would be a strong bullish signal, driving the price higher.
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