#binance nft claim

[banglajobnews]

Details of Claim

Definition of Claim: A claim is a categorical that your right to one thing that belongs to you wise your medical records or the deed to your home. Ever your claims dependents and deductions on their taxes. You would claim you’ll be able to juggle chainsaws with any quiet claim, you have to get to travel to prove it. Definitions of Claim with Example: Claim suggests that to require or assert…

[surajraput9]

As you guys heard, the largest crypto exchange platform Binance got a claim. It's a significant advancement in the market, as it has had many adverse effects on crypto assets. Why did Binance get sued? Why Changpeng Zhao also known as CZ was targeted by CFTC? What are the allegations? Will Binance have to shut down? What effects it had on the market? What happened to Bitcoin? All of these questions need to be answered. We will shortly dive into them.

You are on the Crypto Analyticss, where you can get the latest updates on all things Crypto, NFTs, and Blockchain-related. Stay in for a fun and informative experience.

Without further delay, let us just dive in...

Original Post: Check Here

Why Did Binance Get Sued?

CFTC, which is U.S. Commodity Futures Trading Commission, made some serious allegations against Binance CEO and founder CZ for operating what the CFTC alleged was an illegal exchange. The headlines on the 27th of March raid, CFTC issues Binance and CZ over willful evasion of U.S. laws. By willful evasion, the CFTC signaled over the unregistered crypto derivatives products used by Binance which led U.S customers to evade compliance controls through the use of VPN.

Full Article: Click Here

[nerdforcrypto]

Luxury Items Get a Crypto Makeover Thanks to Ripple Partnership

Keep Up With Crypto with #CryptoShorts - Cut through the fluff and noise, get your crypto news in concise Key Bullet Points #cryptonews #nft #ether #altcoin #web3 #crypto #bitcoin #blockchain #cryptocurrency #polygon #binance #metaverse #defi #fintech

– Payment company Ripple announced a partnership with Lunu to enable crypto payments across luxury brand retailers.– The partnership will allow users to use Ripples Liquidity Hub to pay for in-store and online store items, a press release claims.– Lunu is a crypto payment provider which enables merchants to accept numerous cryptocurrencies as payment methods.– Founded in 2018, Lunu offers its…

[ultragamerz]

2024 The Wild World of Meme Coins: A Look at 12 Popular Tokens

New Post has been published on https://www.ultragamerz.com/2024-the-wild-world-of-meme-coins-a-look-at-12-popular-tokens/

2024 The Wild World of Meme Coins: A Look at 12 Popular Tokens

The Wild World of Meme Coins: A Look at 12 Popular Tokens

$DOGE $FLOKI $SLERF $DUKO $MFER $PENG $BOME $CANDLE $TROLL $MUMU $Hege $Mong

The cryptocurrency market can be a serious business, but there’s also a lighter side fueled by internet humor and virality. Enter meme coins – cryptocurrencies inspired by internet memes and online jokes. While they may lack the perceived utility of other crypto projects, meme coins can experience explosive growth thanks to community hype and social media trends. Let’s take a deep dive into 12 of the most popular meme coins, exploring their origins, functionalities, and potential:

<blockquote class=”twitter-tweet”><p lang=”en” dir=”ltr”>Which one will you Buy during this dip?<a href=”https://twitter.com/search?q=%24DOGE&src=ctag&ref_src=twsrc%5Etfw”>$DOGE</a><a href=”https://twitter.com/search?q=%24FLOKI&src=ctag&ref_src=twsrc%5Etfw”>$FLOKI</a><a href=”https://twitter.com/search?q=%24SLERF&src=ctag&ref_src=twsrc%5Etfw”>$SLERF</a><a href=”https://twitter.com/search?q=%24DUKO&src=ctag&ref_src=twsrc%5Etfw”>$DUKO</a><a href=”https://twitter.com/search?q=%24MFER&src=ctag&ref_src=twsrc%5Etfw”>$MFER</a><a href=”https://twitter.com/search?q=%24PENG&src=ctag&ref_src=twsrc%5Etfw”>$PENG</a><a href=”https://twitter.com/search?q=%24BOME&src=ctag&ref_src=twsrc%5Etfw”>$BOME</a><a href=”https://twitter.com/search?q=%24CANDLE&src=ctag&ref_src=twsrc%5Etfw”>$CANDLE</a><a href=”https://twitter.com/search?q=%24TROLL&src=ctag&ref_src=twsrc%5Etfw”>$TROLL</a><a href=”https://twitter.com/search?q=%24MUMU&src=ctag&ref_src=twsrc%5Etfw”>$MUMU</a></p>— Elon Musk (Parody) (@ElonMuskPDA) <a href=”https://twitter.com/ElonMuskPDA/status/1783102815017308291?ref_src=twsrc%5Etfw”>April 24, 2024</a></blockquote> <script async src=”https://platform.twitter.com/widgets.js” charset=”utf-8″></script>

1. Dogecoin (DOGE) – The OG Doggo Coin (https://dogecoin.com/) Dogecoin, the granddaddy of meme coins, features the iconic Shiba Inu dog from the “Doge” meme. Launched in 2013 as a joke by Billy Markus and Jackson Palmer, Dogecoin gained mainstream popularity with tweets from Elon Musk and garnered a passionate community known as the “Doge Army.” DOGE has limited functionality beyond being a medium of exchange, but its cultural significance and strong community backing have fueled its success.

2. Floki Inu (FLOKI) – Taking Over for Doge? (https://floki.com/) Capitalizing on the Shiba Inu theme, Floki Inu claims to be the “son of Doge” and has gained traction with its association with Elon Musk’s dog of the same name. FLOKI aims to be more than just a meme coin, offering features like an NFT marketplace, a play-to-earn game, and a charitable arm. However, its long-term success hinges on the execution of its development roadmap and maintaining community interest.

3. Slurp ($SLERF) – All About the Memes (https://blockworks.co/) Slurp embraces the meme culture with a constantly evolving mascot, often featuring internet-famous characters and references. The project prioritizes fun and community engagement, hosting regular contests and giveaways. SLERF has limited real-world use cases beyond being a community token, but its focus on fun and lightheartedness could attract users seeking a more light-hearted crypto experience.

4. Ducky Inu (DUKO) – Quacking its Way into Crypto (https://www.duckychannel.com.tw/) DUKO features a cute duck character and aims to provide a fun and easy entry point for new crypto users. The project offers a decentralized exchange (DEX) and a staking platform within the Binance Smart Chain ecosystem. However, DUKO faces stiff competition from established DEX platforms, and its long-term success relies on attracting and retaining a loyal user base.

5. Mothership (MFER) – Bringing the Memes to DeFi (https://coinmarketcap.com/currencies/mothership/) MFER takes a different approach, utilizing the “Mfers” meme within a Decentralized Finance (DeFi) ecosystem. The MFER token grants access to a platform offering various DeFi features like staking, governance, and potential future NFT integration. While the project holds promise for DeFi enthusiasts, its success hinges on attracting users who value both the meme aspect and the DeFi functionalities.

6. Penguin Finance (PENG) – Waddling into the Market (https://coinmarketcap.com/currencies/penguincoin-old/) PENG features a penguin mascot and focuses on building a decentralized exchange (DEX) within the Binance Smart Chain ecosystem. Unlike some meme coins with limited functionality, PENG offers a real-world use case for users seeking alternative trading platforms. However, the success of PENG relies heavily on the overall adoption and liquidity of its DEX platform.

7. Bombshell (BOME) – Making a Big Bang (https://www.wsj.com/articles/bitcoin-blockchain-hacking-arrests-93a4cb29)

BOME utilizes a sexy anime character as its mascot and aims to create a fun and engaging community around its token. The project has plans for an NFT marketplace, a play-to-earn game, and its own anime series. However, BOME faces criticism for its reliance on a potentially exclusionary mascot and the ambitiousness of its development roadmap.

8. Candle (CANDLE) – Burning Bright in the Memeverse (https://www.candlestick.io/)

CANDLE features a simple candle chart as its logo and focuses on building a sustainable meme coin through a deflationary token model. A portion of every transaction is burned, reducing the total supply of CANDLE tokens over time, which some believe can increase its value. However, the effectiveness of this model in a volatile market like meme coins remains to be seen.

9. TrollCoin (TROLL) – Feeding the Online Antics (https://www.coinbase.com/price/trollcoin)

TROLL uses the “trolling” meme as its inspiration and aims to create a fun and engaging community for internet pranksters. The project has limited real-world use cases beyond being a community token, but its focus on humor and lightheartedness could resonate with users seeking a more playful crypto experience.

10. Mumu the Bull (MUMU) – A Bovine Take on Meme Coins

Mumu the Bull (MUMU) takes a unique approach to the meme coin space by featuring a bullish character instead of the more common dog theme. Inspired by the “Mumu the Bull” meme, popular within the crypto community as a symbol of bullish market sentiment, MUMU aims to capitalize on this positive association.

The project has plans for a decentralized exchange (DEX) and a yield-generating mechanism for MUMU holders. However, the long-term success of Mumu the Bull hinges on the execution of its development roadmap and attracting users who see value in its specific meme and its functionalities.

11. Hege Coin (HEGE) – Inspired by a Controversial Figure (https://coinmarketcap.com/dexscan/solana/CJcu7ciRHBHu4BDnpLgAUm1A6iSp9RuhJMG36rjjrxnd/)

HEGE is a more controversial meme coin, inspired by a historical figure. While the inspiration can be a source of community engagement, it can also raise ethical concerns and potentially limit its mainstream appeal. It’s crucial to conduct thorough research on the project’s background and community before investing in HEGE.

12. MongCoin (MONG) – Bringing Memes to the Real World (https://coinmarketcap.com/currencies/mongcoin/)

MONG aims to bridge the gap between the meme coin world and real-world applications, focusing on charity and social good. The project partners with various charities and donates a portion of its transaction fees to support them. MONG offers a unique approach within the meme coin space, potentially attracting investors seeking to combine meme culture with social impact.

Important Note: Meme coins are inherently risky investments due to their high volatility and lack of underlying utility. Always conduct thorough research before investing in any cryptocurrency, and consider your risk tolerance. The information provided here is for informational purposes only and should not be considered financial advice.

[moodyviking]

What Is Baby doge?

 Its main function as a meme coin is to raise awareness of animal welfare and pet adoption. With over 2.5 million followers across all of the social media outlets it looks like it is working.

    Once the coin hit the main stream they built multiple apps and tools such as a swap and aggregator, chess game, NFT collections, partnered with payment and wallet apps, farming as a service, Baby Doge Card, exclusive merch discounts for holders, all while donating over $1 million to animal adoption. So the coin is proving its worth out there in the meme market.

    There are a few places you can buy the coin but for me the best place for free baby doge is to go to this free baby doge faucet. They payout 1,250,000 Baby doge per claim and you can claim up to 20 times a day.

    Baby doge started on the Binance Smart Chain (BSC) but has also moved over to the Ethereum (ETH) network. There has been a total supply of 420,000,000,000,000,000 coins minted and of those 50% of them have been burned.

    Another really cool option Baby doge has is that it gives anyone that has baby doge in there wallet "it has to be on the BNB smart chain" free baby doge every day. So free Baby doge for doing nothing. 

    The community receives a 5% fee for every transaction. So every time someone uses baby doge you get a small percentage deposited into your wallet. It is actually a 10% fee for every transaction but the other 5% goes to powering the project and they burn a few.

Overall I really like the coin and hope it hits the roof this coming year like I think all coins will. 2024 is the season of crypto.

[ladookhotnikov]

Cristiano Ronaldo was demanded a billion

Cristiano Ronaldo suffered from cooperation with crypto exchange Binance. We all (at least the majority of the world’s population) love football, and when one of the best players of all time and nations speaks about something, we listen to it carefully and, of course, feel trust.

This trust is completely irrational. We know, for example, that Cristiano Ronaldo is extremely successful in football, and his opinion of football is, at least, noteworthy. But why did we choose to trust a football star when he advertises NFT from Binance?

It’s called "selling face". The image of a star multiplies confidence in advertising, although in most cases the star does not even know what he advertises.

I can understand, and I think it is normal for a "star" to advertise understandable products like shampoos, beverages, cars, fashion clothes. Fine! People have built a reputation and now it is monetized. However, reputation should not be abused!

I believe that if a "star" advertises a financial product that contains even a minimal share of risk, it is an abuse. Moreover, it is risky even for the star - a serious scandal with the advertised product can destroy the reputation earned by years.

That’s what happened to Ronaldo. I don’t know and I don’t want to know how much he made working with Binance, but he’s already got a billion dollar claim on his Binance NFT promotion.

Ronaldo’s situation is very bad. To admit that he advertised something he didn’t understand is to make himself look bad.

To agree to the charges is to incur financial losses.

The moral is simple: to do what you really know.

Superficial attitude to your business leads to losses.

[jobaaj]

BREAKING NEWS: Christiano Ronaldo is in trouble! He has been sued for $1 billion!! Why? For promoting Binance! In November 2022, Binance announced the launch of Ronaldo’s first-ever NFT collection which was part of a multi-year marketing deal with the footballer. Ronaldo issued a statement wherein he hyped the NFTs and called them a game-changer. The cheapest NFT in the collection was priced at $77 a piece and today, exactly one year later, the NFTs are worth only $1!! As such, a class action lawsuit has been filed in the US, claiming that the promotion of NFTs by Ronaldo was “deceptive and unlawful”! The plaintiffs claim that Ronaldo’s endorsement led to a 500% increase in searches while leading people to use Binance to invest in “unregistered securities”!!! Moreover, the suit claimed that Binance’s fraud managed to reach such heights due to the sale of such securities that were willingly endorsed by celebrities like Ronaldo!! Was the footballer wrong for doing an ad? Should he be held accountable for it?? Follow Jobaaj Stories Page on LinkedIn (the Media arm of Jobaaj Group) for more.

[cointahmin]

Bugün, birçok altcoin projesi için kıymetli gelişmeler dikkat çekiyor. İşte bugün olacakların bir listesi…Bu altcoin projeleri için bugün kritikCoinbase, BarnBridge (BOND), DerivaDAO (DDX), Jupiter (JUP), Multichain (MULTI), Ooki (OOKI), ve Voyager VGX’i bugün delist ediyor.Gatei.io, QANplatform’u (QANX) USDT çifti ile bugün listeliyor.DSRUN, PvP dönem 2’yi bugün sonlandırıyor.BitMart, TriasLab’i (TRIAS) USDT çifti ile TSİ 17:00’de listeliyor.BitKub, Moonriver’ı (MOVR) bugün listeliyor.Bitget Token (BGB), Snowball lansmanını bugün gerçekleştiriyor.Polygon (MATIC), ZKEVM mainnet beta lansmanını gerçekleştirecek.Stacks (STX), Q3 Townhall’ı bugün gerçekleştiriyor.EsLBR, airdrop’unu bugün gerçekleştirecek.Altcoin ThunderCore (TT) bugün hard fork gerçekleştirecek.SuperRare (RARE), RarePass airdrop artist olarak Carlos Marcialt’i sundu.Humans.ai (HEART), BrainBrain isimli soru yanıt aktifliğini bugün gerçekleştirecek.Chia (XCH), bugün soru yanıt aktifliği gerçekleştirecek.Nordic Blockchain konferansı, 6-7 Eylül tarihleri ortasında gerçekleşecek.GTR Asia 2023 aktifliği bugün son buluyor.Biswap (BSW), Twitter üzerinden soru yanıt aktifliğini OpenLeverage ile yapıyor.VVS, CorgiAI IGO’su üzerinde “claim” tokenı olarak sunuluyor.Echelon Prime (PRIME), Sink dağıtımını bugün gerçekleştiriyor.OmniFlix Network (FLIX) FlixTalk #84’ü gerçekleştirecek.Altcoin NEAR, BOS Builder sürecini başlatıyor.Reserve Rights (RSR), RToken Lab hakkında soru karşılık aktifliği gerçekleştirecek.Decimal (DEL), Twitter Spaces üzerinden soru yanıt aktifliği gerçekleştirecek.Zignaly (ZIG), Alpha KBW buluşmasını gerçekleştirecek.SNX, Synthetix Perps ayrıntılarını bugün açıklayacak.ISS World Asia konferansı bugün ikinci gününde.6 Eylül’de NFT borç verme mutabakatı ParaSpace’in ParaX’e kullanıcı geçişini açacağını duyurdu.cointahmin.com olarak da bildirdiğimiz üzere Binance; AUDIO/BUSD, BAT/BUSD, BSW/BUSD, CITY/ BUSD, CVX/BUSD, FORTH/BUSD, JUV/BUSD, MOB/BUSD OGN/BUSD, OMG/BUSD, PLA/BUSD, POLS/BUSD, REI /BUSD, RSR/BUSD, SCRT/BUSD, TVK/BUSD, ADA/BIDR, MATIC/BIDR, UTK/BUSD, ZIL/BIDR çiftlerini 8 Eylül’de delist edeceğini bugün açıkladı.Altcoin ve Bitcoin borsası Binance, DOGE/FDUSD, SOL/FDUSD, TOMO/TRY, UNFI/TRY, XRP/FDUSD çiftlerini yarın listeleyeceğini bugünkü açıklaması ile duyurdu.ZK-RaaS ağı Opside, Alpha Incentive Testnet aktifliğinin bu sabah resmen başlatıldığını ve 31 Aralık 2023 tarihinde sona ermesinin beklendiğini resmen açıkladı.Starknet yakın vakitte ana ağda V0.12.2 sürümünü dağıttığını duyurduLayerZero artık Zora Network ana ağında yayında ve kullanıcılar hatıra NFT LayerZero Zorb’u fiyatsız olarak mint edebiliyorlar.NFT ticaret piyasası ve aggregator AlienSwap, Space Voyage puan airdrop’larını başlattı.HBAR Vakfı, blockchain medikal şirketi HealthReady’nin Hedera ana ağında başlatıldığını belirten bir evrak yayınladı.Circle, Base üzerinde mahallî USDC’yi başlattığını duyurdu.Polygon zkEVM mainnet Beta sürümü 6 Eylül saat 19:00’da güncellenecek,Alchemy Hisse, ödeme hizmetini Polygon zkEVM’ye yerleştirdiğini ve zkEVM ekosistemini destekleyen birinci fiat-kripto para giriş sağlayıcılarından biri olduğunu resmen duyurdu.Güney Koreli kripto para ticaret platformu Bithumb, KRW piyasası ticaret çiftlerini destekleyen Delysium token AGI’yi resmen başlattı.Blockchain teknolojisine odaklanan bir hayır kurumu olan Anoma Vakfı, Namada’nın kurucu ortaklarından Awa Sun Yin’in 6 Eylül’de Seul’de düzenlenen Kore Blockchain Haftası’nda Namada ana ağına ait planlarını kamuoyuna açıkladı.

[metamoonshots]

Superdao, a platform based to assist with the event of decentralized autonomous organizations (DAO), mentioned it could shut down operations attributable to unprofitable returns and would refund buyers. The platform raised over $10 million in 2022 and supported greater than 2,000 DAO launches. Superdao to Exit Market Superdao CEO Yury Lifshits introduced plans to wind down operations, stating that offering specialised crypto infrastructure will not be a worthwhile undertaking as a result of the cryptocurrency business is just too small. “It grew to become clear that the crypto business itself turns into a lot smaller than its preliminary ambition (”the brand new web”) and specialised instruments for crypto firms are unlikely to provide venture-scale outcomes.” The platform, which launched in 2021, raised $1 million in the identical yr in a pre-seed spherical and one other $10.5 million in January 2022 in a seed spherical led by SignalFire to construct an all-in-one DAO platform to allow tasks to begin a DAO with ease. Whereas the corporate supported over 2,000 tasks, most of them, nonetheless, have been short-lived, resulting in the underlying platform turning into an unsustainable enterprise. Having didn't carve a distinct segment in DAO infrastructure companies, Superdao pivoted to a pockets aggregation software, which Lifshits claimed was utilized by main crypto companies. Regardless of the adoption of its pockets aggregation software, the string of eventful collapses which have occurred within the crypto business, together with the continued winter, has triggered the corporate to not make income on its specialised crypto companies. Based on Lifshits, the corporate will refund buyers, stating that “each the crew and the capital can create larger outcomes elsewhere.” “Whereas we concluded that specialised crypto infra could also be unable to provide enterprise returns, we nonetheless consider within the optimistic affect of the crypto business and the businesses who serve end-users.” In the meantime, related firms like Aragon in August introduced the launch of the modular Aragon OSx protocol and its app on Coinbase’s Ethereum layer-2 resolution, Base, for customers to launch their DAOs. Crypto Bear Market Casualties Proceed to Pile Superdao grew to become the newest crypto agency to close down amid the extended cryptocurrency bear market, which has continued to have an effect on enterprise operations throughout all sectors of the business. As beforehand reported by CryptoPotato, decentralized finance platform Yield Protocol introduced that it could stop operations, citing low demand and regulatory hurdles. RECUR, a non-fungible token (NFT) platform, will even close down because of the bear market. SPECIAL OFFER (Sponsored) Binance Free $100 (Unique): Use this link to register and obtain $100 free and 10% off charges on Binance Futures first month (terms).PrimeXBT Particular Supply: Use this link to register & enter CRYPTOPOTATO50 code to obtain as much as $7,000 in your deposits.

[ailtrahq]

Welcome to the latest edition of Cointelegraph’s Nifty Newsletter. Keep reading to stay up-to-date with the latest stories on nonfungible tokens. Every Wednesday, the Nifty Newsletter informs and inspires you to dig deeper into the latest NFT trends and insights.In this week’s newsletter, read about how an art gallery in Dubai plans to educate artists about nonfungible tokens (NFT) and Web3, and why NFT marketplace OpenSea said it’s unaware of any involvement of a former executive in a $60 million rug pull. Check out what happened with the Astrology-themed NFT series Lucky Star and, in other news, find out what a Chinese government-owned newspaper plans to do with its own NFT platform.First look: Art gallery in Dubai to educate artists on NFTs, Web3The forthcoming art gallery 37xDubai, which plans to debut in October, aims to educate artists and collectors on NFTs and the broader Web3 ecosystem through its physical presence. Gallery founder Danilo Carlucci said it plans to hold educational workshops in the gallery space after its launch. Additionally, the gallery intends to use NFTs based on its “Tree of Life” art installation for its membership token. Continue readingOpenSea “unaware” of any involvement of former exec in $60 million rug pullNFT platform OpenSea says it is unaware of evidence that could point to the involvement of former head of ventures, Kevin Pawlak, being tied to the infamous AnubisDAO rug pull in 2021 after new accusations sprung up on social media. An anonymous X (formerly Twitter) account called NFT Ethics tagged the platform, asking it to speak to the accusations. They claimed Pawlak is linked to the pseudonymous identity “0xSisyphus” and was involved in “various dubious business dealings.“Continue readingAstrology NFT project Lucky Star Currency rugged for over $1 million — CertiKThe astrology-themed NFT project Lucky Star Currency (LSC) has been caught in the middle of trying to pull off an exit scam for more than $1 million, according to a report from the blockchain security firm CertiK.The account of the deployer of the project utilized the “withdrawToken” function on both the NFTMerge and AdwardCenter contracts. This removed over $1 million worth of LSC tokens from the account, after which they were exchanged for the Binance USD (BUSD) stablecoin and sent to another account.Continue readingChinese government-owned newspaper to launch NFT platformChina Daily, an English-language newspaper under the ownership of the Publicity Department of the Chinese Communist Party, has plans to create its own metaverse and NFT platform. The publication is awarding 2.813 million Chinese yuan ($390,000) to a third-party contractor to design the NFT platform, which can either be Chinese or foreign. It also said that the digital collectibles sold on the platform could be bridged to others, such as OpenSea and LooksRare.Continue readingCHECK OUT COINTELEGRAPH’S PODCAST

[surajraput9]

Here’s Why CFTC Is Suing Binance And Changpeng Zhao (CZ)

As you guys heard, the largest crypto exchange platform Binance got a claim. It's a significant advancement in the market, as it has had many adverse effects on crypto assets. Why did Binance get sued? Why Changpeng Zhao also known as CZ was targeted by CFTC? What are the allegations? Will Binance have to shut down? What effects it had on the market? What happened to Bitcoin? All of these questions need to be answered. We will shortly dive into them.

You are on the Crypto Analyticss, where you can get the latest updates on all things Crypto, NFTs, and Blockchain-related. Stay in for a fun and informative experience.

Without further delay, let us just dive in...

Original Post: Check Here

Why Did Binance Get Sued?

CFTC, which is U.S. Commodity Futures Trading Commission, made some serious allegations against Binance CEO and founder CZ for operating what the CFTC alleged was an illegal exchange. The headlines on the 27th of March raid, CFTC issues Binance and CZ over willful evasion of U.S. laws. By willful evasion, the CFTC signaled over the unregistered crypto derivatives products used by Binance which led U.S customers to evade compliance controls through the use of VPN.

Full Article: Click Here

[coinnewz]

Bitcoin price is ‘stuck’ at $30K, Here are 3 reasons why

Bitcoin (BTC) has spent almost a month at or near $30,000, but this is no coincidence, new analysis claims. In one of its Quicktake market updates on July 17, on-chain analytics platform CryptoQuant highlighted three key factors keeping BTC price action in the same place. Bitcoin speculators in the driving seat Bitcoin has rebuffed any attempt at a breakout for weeks on end, making casual one-year highs but always falling lower afterward. For CryptoQuant contributor Axel Adler, this has roots — among other things — in speculative trading. Short-term holders (STHs), he notes, have divested themselves of their holdings since April, leading to increased selling pressure above $30,000. “This group is actively selling off their Bitcoin reserves, exerting significant pressure on the market,” he wrote. “This indicates that short-term investors are actively liquidating their assets, thereby locking in their profits.” CryptoQuant defines STHs as entities hodling coins for six months or less. Bitcoin STH supply annotated chart. Source: CryptoQuant Other recent data from on-chain analytics firm Glassnode led analysts to the conclusion that the STH cost basis — recently around $26,400 — is likewise keeping BTC price action afloat in times of more pronounced downside pressure. Miner selling preempts Bitcoin halving Bitcoin miners are also on the radar this quarter as higher BTC prices spark an uptick in sales. For Adler, selling BTC holdings to cover expenses ahead of the block subsidy halving in 2024 marks another factor influencing price performance today. “Miners are actively selling their Bitcoin reserves,” he summarized. “This is not a random occurrence; we have seen peak sales over the last year. This is connected to the upcoming halving event when the reward for mining Bitcoin decreases by half. Miners require liquidity to invest in new equipment to stay competitive.” Bitcoin miner exchange inflow realized price annotated chart. Source: CryptoQuant As Cointelegraph reported, mining pool Poolin recently contributed extensive exchange inflows, sending large tranches of BTC to Binance. This has since become a topic of speculation amid rumors over the pool’s financial buoyancy. Real BTC price volatility absent Bitcoin volatility remains among its lowest in terms of historical context. Related: BTC traders brace for $30K loss — 5 things to know in Bitcoin this week CryptoQuant reveals a net slowdown in trading activity since April, as those taking profit hope for a more substantial breakout to come. Data from TradingView shows the Bitcoin historical volatility index at 14.77 as of July 18 — far below even its 2023 peak. Bitcoin historical volatility index chart. Source: TradingView “All these factors together form the current picture of the Bitcoin market, where the price appears to be ‘stuck’ in a narrow range,” Adler concluded. “However, as always with cryptocurrencies, changes can occur very quickly, so investors and traders should closely monitor on-chain metrics to stay informed about market changes.” Collect this article as an NFT to preserve this moment in history and show your support for independent journalism in the crypto space. Magazine: Experts want to give AI human ‘souls’ so they don’t kill us all This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. Source link Read the full article

[qocsuing]

8 Best Upcoming Binance Listings To Invest In 2023

8 Best Upcoming Binance Listings To Invest In 2023

1. AiDoge - New AI-Based Meme-Generation Platform Currently in Presale, $5m Raised AiDoge is a brand new crypto project that combines two of the hottest trends in the market - memes and artificial intelligence. It allows users to create unique and engaging memes with AI-powered tools. Users provide text prompts, and the tool will generate memes within seconds.To get more news about BINANCE, you can visit wikifx.com official website.

Simply put, AiDoge has created an AI-centric ecosystem and token with multiple utilities. This makes this project well-positioned to grow in the global meme industry. The project began selling $AI tokens via its presale in late April 2023 - not so surprisingly, AiDoge has already raised over $4.3 million in just two weeks since it launched. 2. $SPONGE - Red Hot New Meme Coin Outperfoming Pepe Since Launch $SPONGE is a brand new meme coin that can claim to be the hottest token in the whole crypto world since it launched in early May.

The $SPONGE token has rapidly grown to see gains of more than 1,300% in less than a week, with 24-hour trading volume topping $100 million. 3. yPredict - AI and Machine Learning Ecosystem Built for Traders and Data Scientists yPredict seeks to unlock the power of AI for trading analysis and this new platform is designed to analyze market data, and generate predictions for cryptocurrencies. This way, yPredict allows users to make informed decisions on their crypto trading positions.

What makes yPredict unique is its prediction marketplace. yPredict is the first to allow AI data scientists to sell their prediction models. The models will be offered on a subscription basis, enabling AI developers to generate passive income. Crucially, these data models will be verified by yPredict's DAO. 4. Ecoterra - Innovative Recycle-to-Earn App With Attractive Rewards Ecoterra is a newly launched presale project focusing on sustainability that encourages users to take eco-friendly steps by rewarding them with cryptocurrencies. To facilitate this, the project has developed a new digital token, ECOTERRA.

One of the most attractive features of Ecoterra is its recycle-to-earn mechanism. The project has a network of reverse vending machines for recycling items like plastic, aluminium, and clothing. Before depositing items, users can scan the items via the Ecoterra app and receive rewards in ECOTERRA tokens. 5. Deelance - Blockchain-Based Ecosystem for the Gig Economy There is increasing demand for freelancing jobs globally and Deelance is building a revolutionary platform to capitalize on this sector. The platform will make it easy for freelancers to connect with clients. Crucially, the platform will integrate Web3 elements, including NFTs and a metaverse.

For instance, Deelance allows freelancers to sell their work as NFTs. This facilitates easy transfer of ownership. Similarly, the platform will handle payments via smart contracts, ensuring transparency and eliminating unnecessary disputes. Deelance will also develop a metaverse where users can rent office spaces and interact virtually. 6. Launchpad XYZ - One-Stop-Shop for Web3 Products and Investment Tools Launchpad XYZ is another new crypto project that fosters innovation and collaboration in the Web3 space. The project is building a full-fledged portal for Web3 enthusiasts. It also offers easy access to Web3 services and products, such as NFTs, DeFi tokens, and metaverses.

Launchpad XYZ comes with an assortment of features. This includes a Web3 wallet, an NFT finder, pre-launch crypto games, and a metaverse library. The platform will even allow users to mint fractionalized assets and utility tokens. Furthermore, Launchpad XYZ has also designed a unique 'Launchpad XYZ Quotient' to rank Web3 projects by risk-reward scores. 7. Tamadoge - Play-to-Earn Gaming Arcade Featuring Doge-Inspired NFTs Tamadoge was founded in mid-2022 and aims to dominate the play-to-earn gaming space. The project has built a blockchain-backed ecosystem focused on virtual pets. Players will have their own unique pet with varying traits, randomly generated as an NFT. This means that players own their virtual pets.

What’s more, players will see their pets grow by feeding and caring for them. This will also increase the pet’s traits, such as strength and speed. Players will earn the project’s native token, TAMA, by defeating other pets in virtual battles.

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Coinbase Takes Action Presses SEC For Yes Or No Answer On Crypto Rules

Coinbase Takes Action, Presses SEC For Yes Or No Answer On Crypto Rules https://bitcoinist.com/coinbase-presses-sec-for-yes-or-no-answer-on-rules/ Coinbase, one of the largest cryptocurrency exchanges in the world, has taken another step to seek regulatory clarity from the US Securities and Exchange Commission (SEC). In a move that highlights the increasing tension between the crypto industry and regulators, Coinbase has filed a narrow action in federal court to compel the SEC to respond to its pending rulemaking petition. Coinbase Demands SEC Response The petition in question asks the SEC to provide overdue guidance for the crypto industry, which has been grappling with a lack of clear regulations for years. Related Reading: Popular TV Host Tears Down Crypto: “It’s Still A Casino” Coinbase, along with other industry players, has been pushing for regulatory clarity to ensure the long-term viability and growth of the crypto market. Today, we filed a narrow action in the U.S. Circuit Court to compel the SEC to respond “yes or no” to a rulemaking petition we filed with them last July asking them to provide regulatory guidance for the crypto industry. 1/4 https://t.co/rlsS1DIFfl — paulgrewal.eth (@iampaulgrewal) April 25, 2023 In a recent blog post, Coinbase emphasized the importance of regulatory clarity for the industry. Its Chief Legal Officer Paul Grewal claimed “Clear, sensible regulation is necessary for the long-term health and growth of the crypto industry. We believe it’s time for the SEC to provide the guidance the industry has been seeking for years.” The petition, which was submitted by Coinbase in July 2022, requested that the SEC use its formal rulemaking process to provide guidance for the crypto industry. However, to date, the SEC has not responded, leaving the industry in a state of uncertainty. Coinbase believes that the SEC has already made up its mind to deny the petition but has not formally shared its decision with the public. According to the announcement, Coinbase’s filing in federal court seeks to compel the SEC to provide a simple yes or no response to the rulemaking petition. The Administrative Procedure Act requires the SEC to respond to such petitions within a reasonable time. If the answer is no, Coinbase would be allowed to challenge that decision in court and explain why rulemaking is required. Paul Grewal has highlighted the crucial need for a clear rule book in the US. The SEC’s regulatory crackdown on the crypto industry has caused a lack of clarity, which has resulted in delayed innovation, adoption, and growth in the country. Paul Grewal further said that “At Coinbase, we believe crypto and blockchain technology has the ability to increase economic freedom and opportunity around the world. That’s why we’re working hard to help update the financial system by building trusted products that expand the utility and adoption of crypto.” Coinbase Fights On Multiple Fronts Coinbase, in its ongoing efforts to seek regulatory clarity, recently announced via a tweet that it has introduced two ways for the crypto community to express its support for sensible cryptocurrency policies. The first way is to mint a “Stand With Crypto” commemorative NFT. This NFT features a blue shield, representing the collective stand to protect and promote the potential of crypto. The second way to show support is to add a shield emoji, which symbolizes the industry’s commitment to protecting and promoting the potential of crypto. Related Reading: TrueUSD Market Cap Surge 120% In 4 Months After Binance’s Backing In addition to the Stand With Crypto campaign, Coinbase launched #Crypto435 in Q1 2023, a campaign to grow the crypto advocacy community and share tools and resources. The campaign aims to empower the community to make their voices heard and advocate for sensible crypto policy. Featured image from Unsplash, chart from TradingView.com via Bitcoinist.com https://bitcoinist.com April 25, 2023 at 02:00PM

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