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#2024WithBinance My 2024 year with Binance has been 'a lot of losing' but also it's making me grow as a trader since I've come to realize that not all losses are permanent and I can always grow back. I have also gained lots of insights and future ideas for my trading journey. It's not always about the wins but also about learning from the losses and coming up with different strategies and ideas to make a higher win ratio strategy which is gonna help alot. Though 'a lot of losing' has been my year as 2024 I don't consider it a loss. Ending the year with a positive mindset.
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#ETHOnTheRise Ethereum open interest has been achieving highs this past week. It peaked at $24.34 Billion on November 30, at the time of writing, which was also a new ATH for the cryptocurrency.This signaled growing demand for the cryptocurrency in the derivatives segment. This new open interest peak and surging demand from Ethereum ETFs reflect a fresh wave of demand for the cryptocurrency. ETH has been stuck in a bullish flag pattern for months and the eventual breakout is finally taking place. It just concluded the week with a bullish breakout, pushing above its descending resistance. However, traders should move cautiously as high open interest makes ETH susceptible to potential leveraged long liquidations.
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#BSCOnTheRise Launched by the cryptocurrency exchange Binance, BNB Smart Chain (BSC), previously Binance Smart Chain, is a blockchain network. It supports smart contracts and decentralized applications (DApps). BSC runs alongside the BNB Chain, previously Binance Chain. The first one supports smart contracts while the second one enables high transaction volume with 3 seconds block time. Both blockchains together form Binance Chain. It is a base layer, or Layer 1 (L1), which is part of the BNB Chain ecosystem of blockchains that is developed with the support of cryptocurrency exchange Binance. It is known for its fast transaction time and low transaction cost. BNB token is the fuel for BNB Smart Chain. Originally known as Binance Coin, BNB has been rebranded to “Build and Build." In addition to serving as BNB Smart Chain’s “gas" token, BNB also provides holders with on-chain governance rights. The live price of BNB is $ 639.38 per (BNB / USD) today with a current market cap of $ 92.08B USD. 24-hour trading volume is $ 2.33B USD. BNB to USD price is updated in real-time. BNB is +5.06% in the last 24 hours. It has a circulating supply of 144.01M.
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#AIAndGameFiBoom The integration of artificial intelligence (Al) into GameFi-short for "Game Finance" — is revolutionizing the gaming world by combining decentralized finance (DeFi) and gaming experiences. GameFi leverages blockchain technology to introduce a new gaming model where players can earn real-world value through in-game achievements and assets. As GameFi continues to evolve, Al is playing a crucial role in enhancing these experiences by optimizing in-game economies, personalizing gameplay, improving security, and creating more engaging environments. In this blog, we will explore how Al is transforming the GameFi space and shaping the future of gaming. GameFi merges gaming and blockchain, allowing players to trade, own, and earn digital assets such as NFTs (non-fungible tokens). This space has seen rapid growth, thanks to the potential of decentralized finance (DeFi) and blockchain technology to create new opportunities for gamers. However, as the sector grows, it faces several challenges, including scalability, security, user retention, and in-game economic stability. This is where Al comes into play. Al helps automate decision-making, enhances gameplay, and ensures the overall stability of decentralized ecosystems. As the GameFi ecosystem continues to grow and evolve, Al's role in enhancing these experiences becomes increasingly significant. From optimizing in-game economies and personalizing player experiences to securing platforms and automating smart contracts, Al is transforming the way we interact with GameFi environments. It enables more immersive, secure, and financially rewarding gaming experiences for players worldwide.
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#ThanksgivingBTCMoves Bitcoin Gets a Thanksgiving Spike. What’s Driving Crypto Holiday Trades. The largest cryptocurrency has been volatile ahead of the holidays, falling back following its march toward the key $100,000 level. The Bitcoin price spiked above $97,000 in the early hours of Thanksgiving as the world’s largest cryptocurrency looked to mount another charge toward the $100,000 milestone. U.S. markets may be closed Thursday as Americans enjoy the holiday, but crypto trading never stops. The digital asset was showing some of its trademark volatility as it jumped to $97,336 overnight from a 24-hour low of $92,900 late Wednesday afternoon. Bitcoin’s march toward the key six-figure level was halted once again, though, as it slipped back to $95,402 Thursday morning.
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