MtGoxJulyRepayments

In a significant development for the cryptocurrency market, the Mt. Gox trustee has announced that the distribution of Bitcoin (BTC) and Bitcoin Cash (BCH) repayments will commence in early July 2024.Key DetailsRepayment Initiation:- Timing: The repayments are set to begin in early July 2024.- Cryptocurrencies Involved: The distribution will cover both Bitcoin (BTC) and Bitcoin Cash (BCH).Background:- Mt. Gox: Once the largest cryptocurrency exchange, Mt. Gox collapsed in 2014 after losing 850,000 BTC. Since then, creditors have been awaiting repayment through a lengthy rehabilitation process.- Trustee's Announcement: Confirming repayment timing is a crucial step in finalizing the rehabilitation procedure and providing relief to affected creditors.Market Implications:- Potential Impact on BTC and BCH Prices: The release of a substantial amount of BTC and BCH into the market could lead to heightened volatility. Traders and investors will closely monitor price movements and market reactions as the repayment process unfolds.- Sentiment Shifts: The repayment news might influence market sentiment, possibly leading to increased trading activity around BTC and BCH.Related Quotes:- Market Experts: Analysts are divided on the immediate impact of these repayments. Some caution against potential short-term price dips due to sudden selling pressure, while others believe that the long-term integration of these assets back into circulation could stabilize the market.The commencement of BTC and BCH repayments by the Mt. Gox trustee marks a pivotal moment for the cryptocurrency community. As early July 2024 approaches, market participants should brace for possible volatility while also recognizing the broader implications of this long-anticipated distribution.

Doubling your investment in cryptocurrency involves taking on significant risk and requires careful planning and strategy. Here are some key steps and considerations:
1. Research and Education:
- Understand the basics of cryptocurrency, blockchain technology, and the market dynamics.
- Keep up with the latest news and trends in the crypto space.
2. Choose the Right Cryptocurrencies:
- Focus on established cryptocurrencies with a track record, like Bitcoin (BTC) and Ethereum (ETH), which have shown consistent growth.
- Consider investing in promising altcoins, but be aware of higher risks.
3. Diversify Your Portfolio:
- Spread your investments across multiple cryptocurrencies to reduce risk.
- Include a mix of high-risk, high-reward coins and more stable ones.
4. Technical and Fundamental Analysis:
- Use technical analysis to identify potential entry and exit points based on historical price patterns.
- Perform fundamental analysis to assess the long-term viability and potential of the cryptocurrency.
5. Timing the Market:
- Buy during dips and sell during peaks, but avoid trying to time the market perfectly.
- Consider dollar-cost averaging, which involves investing a fixed amount at regular intervals regardless of the price.
6. Risk Management:
- Only invest what you can afford to lose.
- Use stop-loss orders to limit potential losses.
- Be aware of the volatility and be prepared for significant price swings.
7. Stay Informed:
- Follow reputable sources and influencers in the crypto space.
- Join crypto communities and forums to exchange insights and stay updated.
8. Use Reputable Exchanges and Wallets:
- Choose well-known and secure cryptocurrency exchanges.
- Use hardware wallets or secure software wallets to store your assets safely.
9. Consider Staking and Yield Farming:
- Participate in staking or yield farming to earn passive income on your crypto holdings.
10. Be Patient and Disciplined:
- Have a clear investment plan and stick to it.
- Avoid making impulsive decisions based on market hype or fear.
While these steps can increase your chances of doubling your investment, it's important to understand that the cryptocurrency market is highly speculative and unpredictable. Always conduct thorough research and consider consulting with a financial advisor before making significant investment decisions.
#CryptoPCEWatch #MtGoxJulyRepayments #MicroStrategy #LayerZero

$NEAR

## What is NEAR Protocol?
NEAR Protocol is a blockchain platform that employs a public proof-of-stake and sharded architecture. Designed for high scalability and cost-efficiency, it provides an environment for developers to easily create decentralized applications (dApps). Unlike side chains or specialized blockchains, NEAR operates as a standalone Layer-1 protocol, supporting the Open Web platform independently.

### Key Features of NEAR Protocol

**System Design Problem Solving:**
NEAR Protocol is structured to address system design challenges, with a strong focus on developing scalable and efficient dApp platforms. Its organization is geared towards continuous protocol development and maintenance, ensuring longevity and relevance.

**Community-Driven Cloud Platform:**
The platform functions like a community-managed cloud service, leveraging a novel consensus algorithm and sharded architecture to achieve scalability and meet high-level design objectives.

### Core Technologies of NEAR

**Sharding:**
NEAR utilizes a sharding mechanism to distribute computational tasks across multiple parallel shards, enhancing scalability.

**Consensus Algorithm (Nightshade):**
The Nightshade algorithm achieves consensus across all nodes, ensuring security and efficiency.

**Staking and Game Theory:**
Stakers are selected through a secure random process, optimizing the distribution of resources and incentivizing good behavior among participants.

**Randomness:**
The use of an unpredictable random approach further secures the protocol.

### Design Principles

NEAR's technologies are developed with key principles in mind: user-friendliness, scalability, simplicity, and sustainable hierarchy. These principles ensure that the platform remains accessible, efficient, and long-lasting.

## Detailed Information About NEAR Coin

### Key Metrics

- **Ticker:** NEAR
- **Blockchain:** NEAR
- **Token Type:** Utility + Governance
- **Total Supply:** 1,760,437,537
- **Circulating Supply:** 1,002,491,129

### Token Allocation

NEAR tokens are distributed as follows:

- **Backers:** 17.6%
- **Community Grants and Programs:** 17%
- **Core Contributors:** 14.5%
- **Early Ecosystem:** 13.3%
- **Operation Grants:** 11.5%
- **Community Sale:** 10%
- **Foundation Endowment:** 10%
- **Small Backers:** 6.1%

### Token Release Schedule

**Backers:** Initial capital calls began in 2017, with a structured payment timeline.

**Community Grants & Programs:** Allocated to community-building activities, these tokens are issued over a 60-month period.

**Core Team:** Tokens are locked for four years, with full benefits realized after the first year post-launch.

**Early Ecosystem:** Lock-up periods of 6 to 12 months, with further details on unlocking schedules yet to be announced.

**Operation Grants:** Initial distributions occurred in late 2020 and early 2021.

**Community Sale:** Up to 100 million NEAR tokens are allocated through community sales, with 25 million unlocked initially and the remainder locked for 12 to 24 months.

**Vesting Schedule:** Over a five-year period, the NEAR project aims to fully unlock the total token supply.

### Benefits of Holding NEAR Coin

NEAR tokens serve multiple purposes:

- **Transaction Fees:** Used to pay for transaction processing and data storage.
- **Staking and Validation:** Holders can run validation nodes and stake tokens to earn rewards.
- **Governance:** Token holders can participate in the governance of the ecosystem.

### Wallets and Exchanges

**Storage Wallets:**
NEAR tokens can be stored on wallets like Metamask and Trust Wallet.

**Exchanges:**
NEAR is available for trading on platforms such as Binance, Hotbit, and MEXC.

For more detailed and updated information, you can visit the [NEAR Protocol website](https://near.org).
#NEAR #CryptoPCEWatch #MtGoxJulyRepayments #orocryptotrends

The post "Binance Extends Monitoring Tag to These 11 Tokens, Risk of Delisting Ahead?" first appeared on 36crypto.com News.
Binance, the largest #crypto exchange by trade volume, has begun the new month with an announcement of an extension of monitoring tags to 11 tokens. These affected tokens face the risk of delisting from the platform if certain guidelines are not met. This announcement has sent ripples through the crypto community as investors reshuffle their portfolios to avoid potential losses.
Binance noted that after an extensive review, it has decided to extend the monitoring tag to Convex Finance (CVX), Sun (SUN), PowerPool (CVP), and others while removing two tokens Enzyme (MLN) and Horizon (ZEN) from the monitoring tag list.
Binance Adds Monitoring Tag to Highly Volatile Assets
In an announcement dated July 1, crypto exchange giant, Binance revealed a total of 11 tokens that it will attach a monitoring tag to. These tokens include Balancer (BAL), Cortex (CTXC), PowerPool (CVP), Convex Finance (CVX), Dock (DOCK), Kava Lend (HARD), IRISnet (IRIS), MovieBloc (MBL), Polkastarter (POLS), Status (SNT), Sun (SUN).
Binance disclosed that the affected assets demonstrate higher volatility and risks compared to other listed tokens. It added that the tokens are closely watched with reviews and audits conducted regularly. Additionally, Binance warns that these tokens face the possibility of delisting from the platform having failed to meet its listing criteria.
Meanwhile, two tokens including Enzyme (MLN) and Horizon (ZEN) have been dropped from the monitoring tag list. The removal of these two tokens from the list underscores their stability after passing a reassessment.
Binance informed users that they will have to pass a quiz slated every 90 days on its Spot and Margin trading platforms before they can get access to the tokens with the tags. Moreover, #Binance stresses that the quizzes are strategic to make sure that users are aware of the risk involved before trading the assets. On the affected tokens' corresponding Spot and Margin trading pages, a warning banner will be placed to remind users of potential risks.
Possibility of Tag Removal
Binance informed that a periodic project review will be conducted by the exchange over time, to determine if each tagged token has met the laid down criteria and if the monitoring tag should be removed. Some criteria that are considered include, the commitment of the team to the project, trading volume and liquidity, stability and safety of the network, level of public communication, level and quality of development activity, and others.
Ultimately, Binance noted that other services relating to the mentioned tokens will still be available and will not be affected by the update. Investors are closely watching the price reaction of these assets, as announcements like these from major crypto exchanges tend to increase the volatility of the projects.
#MiCA #MtGoxJulyRepayments #US_Inflation_Easing_Alert