🧧Binance Smart Chain🧧 🔥 Binance Smart Chain (BSC) just h | Peekay59 on Binance Square

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🧧Binance Smart Chain🧧 🔥
Binance Smart Chain (BSC) just hit a new high with $13.309 billion in daily trading volume, crushing Ethereum ($1.74 billion) and Solana ($2.32 billion). BSC's on 🔥, making waves in DeFi !
#BinanceSmartChain 
$BNB 
$BTC 

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👉China’s Webus International eyes $300M raise for XRP strategic reserve 👈 Webus International, a Nasdaq-listed AI-powered mobility company, plans to raise up to $300 million through non-equity financing to create a strategic $XRP reserve. This reserve will support the company's cross-border payments infrastructure, aiming to provide seamless, borderless experiences for international travelers. The $300 million financing will be allocated to three key initiatives: (1) Establishing an XRP Reserve: Enable instant, low-cost cross-border settlements; (2) Blockchain Infrastructure Development: Develop comprehensive blockchain infrastructure, including wallets and Web3 loyalty tokens; and (3) Global Expansion Acceleration: Accelerate global expansion initiatives. #Binance $XRP $BNB

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To become a good trader, it is essential to know about the various types of trades and accordingly to plan the strategies #TradingTypes101 . Let's break some insights on various types of trading strategies. *Spot Trading* involves buying and selling for immediate delivery. More leverage or margin is required for this type of trade. So potential gains or losses becomes limited. It's suitable, mainly for long term investments. *Margin Trading* -requires the trader to borrow funds to buy more assets. Risk of potential gains or losses due to liquidations are involved in this trade if crucial risk management is not done properly. *Future Trading* -involves buying or selling contracts that obligate the buyer to purchase an underlying asset at a predetermined price on a particular date. It allows the trader to open a large position on a relatively small capital by taking the advantages of leverages provided. However, it's fraught with the risk of potential loss if higher leverage are availed by the trader in a volatile market.

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#PancakeSwap $CAKE became the biggest gainer today, with a 24-hour jump of nearly 11 percent. #BİNANCE $BNB $CAKE

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🧧#PiNetwork token #Pi continued to decline despite positive ecosystem developments🧧 On May 14, the Pi Network announced for creation of a venture fund, that will invest $100 million in ecosystem startups. According to the Foundation, the goal is to accelerate real-world use cases on the chain and boost long-term value. Yet, despite this positive developments, on May 16, Friday, the token was down by 0.63% to $0.9062, marking a 44% decline from its recent high of $1.62 on 14 May. The upward trend appeared on 14 May was, obviously, a result of hype on the announcement, but that didn’t last long due high selling pressure among the #Pioneers . It seems, until its listing on #Binance , the volatility in the price of #Pi will continue. $BNB $PEPE

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