MedMine Crypto

Brainers What  Brainers Mean? History and Evolution of the Brainers Project and Purpose and Utility of the Brainers ProjectWhat  Brainers Mean?The term "Brainers" combines the word "Brain" with the acronym "ERS", standing for "Everyone Rebuilds Social". This innovative concept marks the beginning of a new era for the Brainers project, designed with the ambition to reshape the social media landscape.History and Evolution of the Brainers ProjectInitiated in 2021, the Brainers project was developed in secrecy until its official launch in February 2024. During the preparatory phase leading up to the launch, Brainers Social benefited from the valuable contribution of over 50 testers, who were consistently engaged in optimizing and improving the platform.Purpose and Utility of the Brainers ProjectThe primary goal of the Brainers project is to provide users with the unique opportunity to generate income through simply socializing. This initiative not only proposes an alternative source of income for participants but also seeks to fundamentally transform public perceptions of social networks. By promoting an interactive and productive community, Brainers aims to redefine the norms and values governing the social digital space. Addressing Concerns: Will User Tokens Depreciate the Value?A common concern arises regarding the impact of rewarding users with tokens for their activity: might this not drive the price down? Brainers has a strategic approach to this issue. We utilize multiple providers for user monetization, but what does this actually entail?Consider the analogy of using another social network where you encounter ads. This is similar to how Brainers operates. However, what sets us apart is our method of revenue sharing with users through a governance token named BRAINERS. Here’s how it works: if a user generates $2 for the Brainers platform through ad views or clicks, user receive a 50 % of that in earnings, say 1$Now, should a user decide to sell this dollar on an exchange, it poses no harm to the Brainers token. This is because the Brainers system has a $1 backup, generated by the user, ready to buy back the token. This mechanism not only mitigates potential depreciation but also contributes to an increase in trading volume.By implementing this innovative revenue-sharing model, Brainers ensures a balanced ecosystem where user engagement directly contributes to the platform's sustainability and growth, without negatively impacting the token's market value. Ensuring Quality Engagement: A Key to Sustainable MonetizationAt Brainers, we prioritize meaningful engagement and genuine interaction within our platform. It's crucial to highlight that merely accumulating clicks on ads without genuine interest or engaging in rapid, repetitive clicking does not enhance monetization. In fact, such behaviors do not align with our vision of authentic user participation.Monetization on Brainers is calculated based on genuine activity, underscoring the importance of quality engagement over quantity. This approach ensures that the ecosystem we are building remains valuable for both users and advertisers alike. Engaging in non-genuine activities such as uninterested clicks or multiple rapid clicks can lead to account suspension.We strongly advise our users to interact with the content that truly resonates with them. This not only contributes to a more enriching user experience but also supports the integrity and sustainability of the Brainers platform. Our system is designed to reward authentic engagement, reinforcing our commitment to creating a meaningful social media environment.By fostering an atmosphere of genuine interaction, Brainers continues to thrive as a platform where users can earn through meaningful participation, without compromising the quality and relevance of engagement. Beyond Socializing: The Diverse Utilities of Brainers Token and Social NetworkThe Brainers ecosystem extends well beyond mere social activity. A key component of our platform is the Brainers Academy, an educational system designed to enrich our users' knowledge and skills. Additionally, we're proud to introduce the Brainers Launchpad, a pioneering space where crypto projects can conduct fundraising activities, including private sales and public sales.Our vision for the Brainers Launchpad is ambitious: we aim to become the world's largest launchpad grounded in a social network. This unique foundation allows our users not only to socialize but also to invest their Brainers earnings into promising crypto projects, bridging the gap between social media engagement and cryptocurrency investment.We acknowledge the challenges of starting a launchpad, especially in its initial phases. It's crucial to first build a strong community and establish a stellar reputation, goals we diligently work towards every day since Brainers' inception. Activating the launchpad at a later stage is a strategic decision, ensuring that we have the solid foundation and community support necessary for its success.At Brainers, we are committed to expanding the utilities of our token and network, constantly striving to enhance the value we offer to our users. Through initiatives like Brainers Academy and the Brainers Launchpad, we aim to empower our community, offering more than just a social platform but a comprehensive ecosystem where education, investment, and social engagement converge.Brainers Token Utilities :Direct Participation in the Digital Economy- Brainers token holders are active participants in an ecosystem that values and rewards online engagement, paving the way for a new era of participatory digital economy.Innovative Buyback Mechanism- The Brainers token buyback strategy contributes to price stabilization and continuous value growth, providing token holders with enhanced financial security and long-term appreciation potential.Demand Stimulation through Real Utility- By offering real utility within the Brainers ecosystem, the token becomes essential for transactions, rewards, and other functions, which stimulates demand and, consequently, the value of the token.Exclusive Benefits for Holders- Access to special rewards, bonuses, and opportunities within the Brainers platform is reserved exclusively for token holders, thus providing added value and solid reasons for acquisition and retention.Participatory Financing and Crowdfunding- The Brainers token grants access to exclusive participatory financing platforms, where holders can invest in innovative startups and projects supported by the Brainers community. This offers a unique opportunity to support and benefit from the success of emerging initiatives in the ecosystem.Exclusive Marketplace- A dedicated marketplace where Brainers token holders can buy, sell, or trade goods and services using the token. This can include digital items, virtual collectibles, access to exclusive content, or community-specific services. The marketplace provides tangible utility and increases internal demand for the token.Brainers has a unique algorithm that rewards users for their activity.Social Media Engagement RewardsEarn Crypto while SocializingAdvanced Crypto Earning MechanismSelf support Token100 % TransparentNo InvestmentWhat are the objectives of Brainers Token?The objectives of the Brainers Token are to incentivize user engagement, facilitate transactions, enable governance participation, and drive ecosystem growth.What is the best features and services we deliver?Our platform stands out with its captivating social rewards, ironclad security, empowering governance, diverse services, and relentless innovation.Why should I buy Brainers Token?Long-term value growth potentialAccess to Brainers platform benefitsContribution to Brainers community developmentInvestment portfolio diversificationSupport for an innovative and captivating projectBrainers 1000x ?In the crypto world, there are no guaranteed promises of quick riches. At Brainers, we do not make promises of extraordinary profits or exponential growth of our token value. We present our system and its functionality, but every investor should understand that there are risks involved and results may vary. Our goal at Brainers is to bring the benefits of our platform to as wide a global audience as possible and to strive to increase the value of our token, but every investment is at your own risk and success is not guaranteed.Brainers Official Team : https://docs.brainers.network/#teamBrainers Company : https://www.listafirme.ro/brainers-srl-49485421/Brainers Contract Address : https://etherscan.io/token/0x5044d567f7b30891639d982a05726a6bfe8bae6a?a=0x3170444aaefdbc05c11616c0212b07dfa351185f#codeBrainers Docs : https://docs.brainers.network/Brainers Social App : https://play.google.com/store/apps/details?id=com.brainers.brainersToken FAQ : https://token.brainers.network/Brainers Official Group : https://t.me/Brainers_OfficialBrainers Twitter : https://twitter.com/BrainersNet

Analysts at Bernstein Private Wealth Manager think the shaking banking system in the United States could benefit bitcoin adoption and potentially increase the price of the asset.

The experts went further, advising people to invest in BTC, which could soon enter a new bull run due to the shaking condition of traditional finance.

Weak Banks Could Pump BTC up

Analysts Gautam Chhugani and Manas Agrawal believe the banking crisis in America could worsen in the future and suggested bitcoin might emerge as a savior. In their view, the numerous bank collapses could push investors away from traditional finance, triggering a mainstream adoption and a new bull run for BTC.

“The safe haven signal will lead to a new crypto cycle, pushing digital wallets as on-chain savings accounts. The gap between Treasury rates and bank deposit rates will continue to hollow out banks, with weak balance sheets leading to another round of mass migration to money markets.” 

Recall that the US authorities shut down Silvergate Capital, Signature Bank, and Silicon Valley Bank (SVB) in March after they disclosed severe liquidity difficulties. 

The concern of a potential contagion in the sector intensified recently after First Republic Bank (one of the top 20 largest financial institutions in the US with over $200 billion of assets under management) saw its shares crashing to record lows. The 55% drop (on a weekly basis) occurred shortly after the entity revealed its disappointing Q1 earnings report.

Bernstein’s analysts also expect the Federal Reserve to launch another money-printing campaign in an attempt to solve the banking problems. They urged investors to purchase bitcoin as this could re-establish the asset’s legacy as digital gold.

“To rescue the ship, the Fed will have to resort to dollar debasement and monetary printing again, bringing back the role of Bitcoin as digital gold.”

BTC’s Rise Amid the Turbulence

Despite the initial shocking moments, the price of the primary cryptocurrency has indeed spiked substantially during the recent banking calamity. It soared to $28,500 a few days after the collapse of SVB and continued its increase in the following month. 

The asset seems inclined to perform well on occasions when traditional finance experience significant issues. After all, it was created during the last massive monetary crisis (in 2008) caused by banks, many of which failed and had to be revived again.

The post Bitcoin Could Prosper Amid the US Banking Crisis, Financial Advisor Bernstein Urges appeared first on CryptoPotato.

On Thursday, the Hong Kong regulator announced the upcoming guidelines for crypto licensing in the region. The region has been a rising area of interest for crypto firms in recent times. 

Speaking at an event, Julia Leung, CEO of Hong Kong’s Securities and Futures Commission (SFC), confirmed that the agency will release guidance on the crypto licensing framework in May.

According to Leung, the consultation process for the regulatory framework for crypto entities in the city is ongoing. She added that there have been more than 150 responses so far. The regulator said the new regulatory framework will become effective by June 1. 

This upcoming regulatory framework would mandate all crypto platforms to register with the authorities of the city. With the law, licensed exchanges can offer cryptocurrency trading of major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) to retail traders with the measures that should be implemented to provide a range of “robust investor protection measures.” 

The regulator’s proposed regime for virtual asset trading platforms includes robust measures to protect investors, following the ‘same business, same risks, same rules’ principle. 

When the regulator first introduced the regime in February, Leung highlighted the reason behind it to be turmoil in the cryptocurrency ecosystem and the collapse of industry players like FTX with investor protection as a priority.

Additionally, the guidelines include conditions like the safe custody of assets, Know Your Customer (KYC), conflicts of interest, cybersecurity, accounting and auditing, risk management, Anti-Money Laundering/counter-financing of terrorism (AML/CFT), and prevention of market misconduct. 

Meanwhile, this is part of Hong Kong’s effort to become a financial hub for cryptocurrency in Asia. Two exchanges namely Hashkey and OSL already offer crypto trading services under the supervision of the Hong Kong SFC. More exchanges are expected to follow the trail, mainly because the city’s banking sector also offers support for crypto firms. 

Experts have counted on the proposed regulatory guidelines as a positive step toward the industry. The guidelines will add more clarity and subsequently provide more scope for investors’ safety which would invite more participation. Additionally, it will help in increasing vigilance and ensure safety. 

While Hong Kong is rising as one of the financial hubs, it is important to note that the region needs to maintain a balance between safety and innovation. Recently, the region has also been reporting increasing cases of crimes involving cryptocurrencies which is sufficient to understand the need for comprehensive regulation. 

The post Hong Kong to release Crypto licensing rules by May; will come into effect by June appeared first on Todayq News.

The first operation with a cryptocurrency, and it was bitcoin, was made on January 21, 2009

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The creator of bitcoin, the world's first cryptocurrency, remains a mystery. It is believed that this is someone Satoshi Nakamoto

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20% of existing bitcoins are stored in wallets whose owners do not have access to them

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The creator of bitcoin, the world's first cryptocurrency, remains a mystery. It is believed that this is someone Satoshi Nakamoto

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Currently, there are more than 3,000 crypto ATMs in the world, the main share of which is in America, Canada and Europe.

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In some countries, there are CRIMINAL penalties for the use of cryptocurrencies.

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Only a third of the mined coins are actively involved in circulation. The rest are inactive

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For the first time, 2 pizzas were bought for cryptocurrency. This was done by someone Laszlo Heinitz in 2010, who paid 10,000 bitcoins for food

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More than half of the mined cryptocurrencies are owned by about 1000 people

Binance P2P is a peer-to-peer trading platform that allows users to buy and sell cryptocurrencies with other users directly. While it offers a convenient way to trade digital assets, it's important to be aware of potential scams and to take measures to protect yourself. Here are some tips on how to avoid scams in Binance P2P and stay safe.

Verify the seller's reputation Before you start trading on Binance P2P, it's important to check the seller's reputation. You can do this by looking at their trade history and feedback rating. If the seller has a high feedback rating and a long trade history, it's more likely that they are a legitimate seller. If the seller has a low feedback rating or a short trade history, it's important to proceed with caution.

Avoid trades with unknown or unverified sellers When trading on Binance P2P, it's best to only trade with verified and known sellers. Avoid trading with unknown or unverified sellers, as they may be scammers. Always check the seller's verification status before engaging in any trade.

Check the transaction details Before making any transaction, it's important to check the details carefully. Ensure that the seller's account details match the account details provided by Binance P2P. Also, make sure that the amount, price, and payment method are correct. If any of the details are incorrect or unclear, don't proceed with the trade.

Use Binance's escrow service Binance P2P offers an escrow service, which can help protect you from fraud. When you use the escrow service, the seller's cryptocurrency is held in a secure account until the payment is confirmed. Once the payment is confirmed, the cryptocurrency is released to the buyer. This helps to ensure that both parties fulfill their obligations.

Use strong passwords and two-factor authentication To protect your Binance P2P account from unauthorized access, use strong passwords and enable two-factor authentication (2FA). This will make it more difficult for scammers to gain access to your account and steal your funds.

Be cautious of offers that are too good to be true If an offer seems too good to be true, it probably is. Be cautious of offers that are significantly below market price or offers that promise huge returns in a short amount of time. These offers are often made by scammers to lure in unsuspecting victims.

In conclusion, by following these tips, you can reduce the risk of scams in Binance P2P and stay safe while trading cryptocurrencies. Always be vigilant and cautious, and don't hesitate to report any suspicious activity to Binance's customer support team.

#Binance

#ETH

#BTC

In a recent interview with Fox Business, Dogecoin Foundation Board member Marshall Hyner said that DOGE could eventually be among the top 3 cryptos. Moreover, referring to the assets “memetic power,” Hyner laid out fairly comprehensive reasoning for his proclamation.

Conversely, the market is still led primarily by the undeterred power of both Bitcoin (BTC) and Ethereum (ETH). Yet, there is a world in which time could prove Hyner correct. Subsequently, we take a look at Hyner’s statements, and what could set the stage for Dogecoin’s eventual place among the top 3 cryptos. 

Dogecoin and its “Memetic Power”

The rising prevalence of meme coins has been an undeniable facet of the digital asset industry. Yet, there are always those who suggest these assets bear a fairly small ceiling and immense risk. Conversely, Dogecoin Foundation board member Marshall Hynes believes otherwise, as he laid out why DOGE could eventually be a top 3 crypto in due time.

Hyner stated, “I think it’s going to become one of the top three someday because the thing is, there is this memetic power, and it can’t be stopped, and at the top of all the crypto memes is Kobasu and Dogecoin.”

Additionally, he spoke on regulatory clarity and how that could benefit the original meme coin. Specifically, because the asset cannot be classified as a security, similar to Bitcoin. “As per the Securities Exchange Act, a security is classified as an asset that is a financial asset that has future expectations of gains and has a centralized entity like Howie. None of these factors exist in DOGE,” Hyner stated. 

Ultimately, the point is an immensely valid one. Specifically due to the overwhelming lack of regulatory clarity in the US, and the ongoing turmoil facing the US Securities and Exchange Commission (SEC). 

Could DOGE Prevail?

Ultimately, only time will tell where the DOGE coin ends up, and the most assured expert predictions are rather untrustworthy. Nevertheless, Dogecion does present a fairly strong case for the eventual prevalence of DOGE as a top 3 crypto.

The asset is likely free from the security claims made by the SEC, claims that have undoubtedly hurt other assets in the industry. Moreover, although the price is immensely volatile, DOGE always maintains the Elon Musk effect.

Musk, the self-professed Dogefather, has a long history with the asset. Subsequently, his integration of it into his various endeavors will always leave room to skyrocket. Alternatively, entities like Mark Cuban have been quick to integrate the meme coin. Ultimately, this leads to the prognosis that, although a spot in the top 3 is never a certainty, it is not completely impossible.

GMT overcomes bearish pressure, and eyes resistance at the $0.35 level.

Growing bullishness and positive sentiment have overall boosted GMT’s performance.

Traders must monitor key resistance levels amidst overbought conditions

In the previous 24 hours, STEPN (GMT) bulls have been steadfast, rebuffing bear efforts to lower the price and propelling it from $0.3215 to $0.3371, where resistance remained firm. The bullish trend remained strong as of press time, generating a 2.76% advance to $0.3332.

If positive momentum breaks above the $0.3371 barrier level, the asset might rise, perhaps hitting the next resistance level at $0.35. If the resistance level persists, a consolidation or a retreat toward the support level at $0.32 may occur.

During the upturn, GMT’s market capitalization increased by 2.93% to $245,899,239, but 24-hour trading volume decreased by 27.39% to $35,736,726. This movement implies that traders’ interest in GMT is growing despite a drop in trading volume, indicating a positive feeling toward the asset.

GMT/USD 24-hour price chart (source: CoinMarketCap)

On the GMT 4-hour price chart, the upper and lower Bollinger bands are touching at $0.33981130 and $0.31631432, respectively. This movement indicates that GMT bullishness is growing, as the price is heading towards the upper band and away from the lower band, signaling a probable upswing in soon.

The Relative Strength Index rating of 53.96 indicates that bullish power remains in the market. Its upward movement implies that buyers are still active, and the market is expected to continue its upward trend in the near future.

If this RSI level rises over the “70” level, it may imply that the market has become overbought and that a correction or reversal is approaching.

GMT/USD chart (source: TradingView)

The stochastic RSI shows a value of 68.39, indicating that the market is approaching overbought territory, perhaps resulting in a short-term decline in the GMT market.

If bulls keep pushing the market higher, traders should monitor essential resistance levels and consider taking gains or putting in stop-loss orders to mitigate risk.

The Chaikin Money Flow score of 0.24 indicates that substantial purchasing pressure supports bullishness in GMT. This positive trend indicates that investors are eager to acquire GMT at higher prices, suggesting a possible upward trend in the GMT price.

GMT/USD chart (source: TradingView)

In conclusion, GMT’s bullish trend remains strong as traders show growing interest in the asset despite a drop in trading volume. Traders should monitor essential resistance levels as the market approaches overbought territory.

Disclaimer: The views, opinions, and information shared in this price prediction are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be liable for direct or indirect damage or loss.

The post GMT Bulls Stand Firm, Trader’s Eyes Set on $0.35 Resistance appeared first on Coin Edition.