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sumeettalwalkar
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please can someone explain this to me better how does this function and how to participate please thanks 🙏
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Binance has introduced Space and Time (SXT) as its 69th Launchpool project, offering users an opportunity to earn SXT tokens by staking BNB, USDC, or FDUSD. 🚀 What is Space and Time (SXT)? Space and Time is a decentralized data platform that integrates zero-knowledge (ZK) proofs to provide verifiable data services for Web3 applications, smart contracts, and enterprises. Supported by Microsoft, it enables smart contracts to execute SQL queries on both on-chain and off-chain data with cryptographic assurance. The platform features tools like the AI-powered Studio for natural language queries and supports integrations with chains such as Ethereum, Bitcoin, Polygon, zkSync, and Avalanche. 💰 SXT Launchpool Details Farming Period: May 6, 2025, 00:00 UTC to May 7, 2025, 23:59 UTC Total Rewards: 125,000,000 SXT (2.5% of total supply) Supported Pools: BNB: 85% of rewards (106,250,000 SXT) USDC: 10% of rewards (12,500,000 SXT) FDUSD: 5% of rewards (6,250,000 SXT) Hourly Reward Caps per User: BNB Pool: 221,354 SXT USDC Pool: 26,040 SXT FDUSD Pool: 13,020 SXT Initial Circulating Supply: 1.4 billion SXT (28% of total supply) Smart Contract Addresses: Ethereum: 0xE6Bfd33F52d82Ccb5b37E16D3dD81f9FFDAbB195 Base: 0xA2c22252cDc8b7cDdEe1B0b2E242818509fCf7b8 📅 Key Dates Farming Ends: May 7, 2025, 23:59 UTC Spot Trading Begins: May 8, 2025, 13:00 UTC Trading Pairs: SXT/USDT, SXT/USDC, SXT/BNB, SXT/FDUSD, SXT/TRY ✅ How to Participate 1. Ensure your Binance account is verified (KYC completed). 2. Hold BNB, USDC, or FDUSD in your Binance wallet. 3. Navigate to the Binance Launchpool section. 4. Select the SXT pool corresponding to your token and stake your assets. 5. Monitor your rewards, which are distributed hourly, and will appear in your Spot Wallet. #SXTLaunchpool #BinanceLaunchpool #CryptoStaking #CryptoAirdrop #EarnCrypto
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📈 Market Snapshot Bitcoin (BTC): Holding steady around $94,256, with strong ETF inflows and a stable futures premium. Ethereum (ETH): Trading at $1,798, experiencing a slight dip amid zero inflows into BlackRock’s Ethereum ETF. Solana (SOL): Priced at $144.13, showing minor fluctuations. Cardano (ADA): At $0.6589, with a modest decline. XRP: Trading at $2.09, down slightly from previous levels. 📰 Top Headlines Bitcoin's Resilience: Despite market selloffs, Bitcoin gained 13% in April, outperforming stocks, though it hasn't fully decoupled from traditional markets. Altcoins on the Move: DeFi tokens like Hyperliquid's HYPE surged 70% in the past week, indicating a shift towards fundamentals among traders. Regulatory Watch: Rep. Maxine Waters plans to block a crypto market structure bill hearing, citing concerns over President Trump's increasing crypto ties. New Token Launch: A South African miner introduced "Trump Coin," an Ethereum-based token aiming to blend political themes with blockchain functionality. Global Initiatives: Binance collaborates with the Kyrgyz Republic to launch a cryptocurrency initiative, marking a significant step in the region's crypto landscape. 🔮 Market Outlook Analyst Predictions: Cryptorphic forecasts Bitcoin could reach $156,000 by May 27, 2025, citing historical post-halving trends. ETF Momentum: Bitcoin ETFs continue to see inflows for the third consecutive week, with market dominance nearing 64%. #bitcoin #Ethereum #altcoins #CryptoNews #MarketUpdate
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The U.S. Congress is currently deliberating two significant bills aimed at establishing a federal regulatory framework for stablecoins: 1. The STABLE Act (H.R. 2392): Introduced in the House, this bill seeks to regulate the issuance and trading of dollar-backed stablecoins. It mandates that only permitted payment stablecoin issuers can issue such digital assets in the U.S., with strict requirements on reserve backing and regulatory oversight. 2. The GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins Act): Passed by the Senate Banking Committee with bipartisan support, this act aims to create a comprehensive regulatory regime for stablecoin issuers, including requirements for 100% reserve backing with U.S. dollars and short-term treasuries. Despite initial bipartisan backing, the GENIUS Act has encountered obstacles. Recently, nine Senate Democrats withdrew their support, expressing concerns over insufficient provisions addressing money laundering and financial system risks. Additionally, ethical questions have arisen due to former President Trump's reported $2 billion deal involving stablecoins issued by a Trump-affiliated firm, further complicating the bill's progression. Senate Majority Leader John Thune has initiated steps to expedite a vote on the GENIUS Act, aiming to limit delays and advance the legislation swiftly. However, the recent Democratic opposition and internal party divisions, highlighted by Senator Chuck Schumer's call for caution and further revisions, suggest that the bill's future remains uncertain. The outcome of these legislative efforts will significantly influence the regulatory landscape for stablecoins in the U.S., impacting both domestic and international digital asset markets.
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📊 Market Snapshot Bitcoin (BTC) is trading at $94,674, experiencing a slight dip of 1.47% today. Ethereum (ETH) stands at $1,814, down by 1.78%. Solana (SOL) remains resilient at $147, showing a modest gain of 0.4%. XRP is priced at $2.18, with a minor decrease of 1.36%. 🔥 Weekly Top Performers Sui (SUI): Achieved a remarkable 73% gain this week, fueled by the introduction of the Grayscale SUI Trust and integrations with platforms like xPortal/xMoney. Cardano (ADA): Surged over 90% on the weekly chart, trading above $0.63, with bullish forecasts predicting a potential rise to $8–$10 by the end of the current bull cycle. Avalanche (AVAX): Rebounded strongly, now trading above $50, more than doubling from its $20 lows, driven by new partnerships and technological upgrades. 📈 Market Trends The "Buy in May and Stay" strategy is gaining traction among traders, suggesting a bullish outlook for the month. Analysts predict Bitcoin could reach $120,000 in Q2 2025, supported by increasing institutional interest and favorable macroeconomic factors. 🏛️ Regulatory Developments President Trump signed an executive order establishing a Strategic Bitcoin Reserve, positioning the U.S. as a leader in digital asset holdings. #CryptoMarket #altcoinseason #BitcoinUpdate #EthereumNews #CryptoRegulation
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Top crypto news (April 25, 2025): Bitcoin 🚀 hits $93K, fueled by whale buys & ETF inflows. Ethereum sees a 10% spike in wallet activity & ETF growth. Solana trades strong at $151, showing bullish signs. Fed drops crypto banking restrictions—institutions may jump in. CME to launch XRP futures; MicroStrategy buys more BTC. Justin Sun becomes top $TRUMP token holder. #bitcoin #Ethereum #crypto #altcoins #InstitutionalAdoption
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