Recently, some friends have been discussing what coins should and should not be listed on Binance. I will try to explain: The cryptocurrency world is a free market. The liquidity and trading volume of CEX and CEX, CEX and DEX, and various trading platforms are a total pool. CEX is not a closed market. Even if Binance does not list these projects, these projects still exist. Trading volume and funds will also be diverted to the corners of the entire industry. In addition to the unlocking of VC-invested projects, Meme coins, chain-based local dogs, wool-pulling, and capital plates will all be diverted. After the ETF is approved, the traditional financial market will also divert funds that flow directly to the cryptocurrency world. Let's look at VC again. Some VCs are indeed the core reason for the inflated prices, but VCs generally raise funds from LPs for a 7-year lock-up period of 4+3 years, collecting management fees + dividends; VCs are generally unlocked one year after TGE (not all), so many VCs in the cryptocurrency circle are also going bankrupt, and some VCs' LP investments in the cryptocurrency circle may also return to zero; and project parties that have received large amounts of financing have more possibilities to cross the bubble cycle, but the fundamentals of the currency price and governance model are determined by the project party, and there is no standard answer. Therefore, before investing, everyone needs to do a more in-depth analysis of the project tokens, such as token application scenarios, release cycles, holding ratios, and initial circulation. There is no standard answer. The rise of Defi has brought more liquidity to the industry and increased freedom, which has increased the difficulty for CEX to try to formulate rules, but this is precisely the charm of the free market in the cryptocurrency circle. DYOR
BTC 5 Most Powerful people control crypto in world 1 Blackrock 2 Fedality 3 Grayscale 4 Microstrategy 5 Binance they sell on top and keep new Order below. those 5 user are playing with entire crypto world . right now 80% user in recovery BTC will reach to 52k then everyone will wait for recovery and those 5 user will be buyer below and profit book on top All are Drama now days in crypto nothing is Real all are Fake ..there is nothing Decaterlized
Don’t get into #crypto. It will ruin your life. Most people get into crypto thinking about: - Generational wealth - Fast money being made But here’s what they don’t tell you: - You’ll spend hours staring at charts, watching your portfolio go up. - You’ll literally lose sleep, excitedly waking up to check your phone to see how much profit you made. - You’ll live in constant regret of not starting earlier, as you make the most money ever. - Your old friends will come back after they see you win and beg you for signals. - You will always be embarrassed when someone asks you what you do for work, as you have no job. So unless you're ready for all this, Maybe stick to your 9-to-5.
Bitcoin has recently experienced a significant price surge, breaking past the $69,000 mark. This increase has positively impacted related stocks, with Coinbase and MicroStrategy seeing gains of around 17% each. Analysts from Swissblock suggest that Bitcoin could continue its upward trajectory, potentially targeting $73,000. This rally comes amidst a broader bullish sentiment in the crypto market, partly driven by increasing institutional interest and positive macroeconomic factors.
However, Bitcoin's dominance in the market has led to mixed outcomes for altcoins. While some altcoins like Ethereum (ETH), Helium (HNT), and Shiba Inu (SHIB) are showing potential for breakouts, the overall market still heavily favors Bitcoin. Ethereum, for instance, is in a bullish reversal pattern and might see significant gains if it breaks past its current resistance levels.
The regulatory landscape also plays a crucial role in shaping market dynamics. The U.S. Securities and Exchange Commission (SEC) is expected to make decisions on several Ethereum and Bitcoin ETF applications by the end of May. These decisions are highly anticipated and could have a substantial impact on market sentiment.
Additionally, broader economic events, such as the Federal Reserve's recent meeting and upcoming Consumer Price Index (CPI) reports, are influencing investor behavior. The outcomes of these events could either stabilize or add volatility to the crypto markets in the coming weeks.
Overall, the current trends suggest a cautiously optimistic outlook for Bitcoin and the broader cryptocurrency market as various economic, legal, and market factors continue to evolve. $BTC