$BTC $BTC I see why people lose so much money, I also enter | Albertine Hoben on Binance Square

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Albertine Hoben

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$BTC $BTC I see why people lose so much money, I also entered short when BTC was at 109k, I didn't expect such a quick drop, I closed at 103.8, I entered long at 103 with a stop loss at that price

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Albertine Hoben

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$BTC We are observing growth in BTC above 106 thousand. It seems to be positive, but after observing the market for a couple of days, I came to the conclusion that we are still expecting a decline. Now they are taking out shorts, of which there are quite a lot in the 106-108 thousand zone. Our purchase volumes are falling, which clearly shows the weakness of the buyer. We also see that a local downward trend has formed. Since the previous high was not updated last time. Based on all this, I will expect a fairly large decline in the 97 thousand region. Which would be quite logical to see. There is just the 0.23 Fibonacci level there From 76 thousand to 110 there was a non-rollback growth and gave more than 40%, and a correction of 10-13% looks quite natural.

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#VietnamCryptoPolicy Vietnam's cryptocurrency policy has indeed evolved, and here's an update on the current state of affairs: *Key Developments* - *Legal Status*: Cryptocurrencies are now recognized under Vietnam's new digital technology law, which was approved on June 14, 2025, and will take effect on January 1, 2026. This law categorizes digital assets into virtual assets and crypto assets, paving the way for broader digital innovation. - *Regulatory Framework*: The government is tasked with outlining specific business conditions, classifications, and oversight mechanisms for these asset types, including cybersecurity and Anti-Money Laundering (AML) safeguards aligned with international norms. - *Taxation*: While crypto holdings are currently untaxed, policymakers are considering taxing transactions related to digital assets, which could generate revenue through personal or corporate income tax. - *Central Bank Digital Currency (CBDC)*: Vietnam's State Bank has been exploring the possibility of introducing a CBDC, recognizing the potential of digital assets in the financial ecosystem.*Crypto Adoption in Vietnam* - *High Adoption Rates*: Vietnam ranks third in Chainalysis' global crypto adoption index, with approximately 17% of the population owning or using cryptocurrencies. - *Reasons for Adoption*: Vietnamese citizens use crypto to access banking services, invest, speculate, and transfer remittances. The lack of faith in the fiat currency, accessibility, and play-to-earn gaming (GameFi) are also significant factors driving adoption. *Crypto Activities*: Decentralized finance (DeFi) usage is high, with almost 90% of respondents engaging in DeFi activities, followed by GameFi, non-fungible tokens (NFTs), and SocialFi. *Government's Approach* *Increased Interest*: The government has become increasingly interested in studying crypto and is taking steps to regulate the sector, including introducing AML measures and know-your-customer (KYC) requirements. *Proposed Regulations*: The Planning and Development Institute has proposed a legal framework that includes tr

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#MetaplanetBTCPurchase Buying "land" on a meta planet with Bitcoin? It's a captivating concept merging the immersive potential of metaverse experiences with the decentralized power of crypto. Imagine owning a virtual plot in a digital realm, secured by the Bitcoin blockchain. This could unlock opportunities for virtual real estate development, hosting events, or simply owning a piece of the future digital frontier. However, before diving in, consider the nuances. Is the "meta planet" a well-established platform with a clear roadmap? What are the specific mechanisms for Bitcoin integration and ownership within this virtual world? Researching the project's credibility and understanding the terms of purchase are crucial. While the idea of Bitcoin-backed metaverse assets is exciting, exercise caution and ensure you're engaging with a reputable and transparent platform. This burgeoning intersection of metaverses and Bitcoin holds significant potential, but due diligence remains paramount for any potential "digital land" acquisition.

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#CardanoDebate Debate" typically revolves around several key aspects, both positive and negative, that characterize the Cardano blockchain and its native cryptocurrency, ADA. Here's a breakdown of the ongoing discussions and recent developments as of June 2025: Core Strengths Often Highlighted by Proponents: * Research-Driven and Peer-Reviewed: Cardano's development approach, led by IOG (Input Output Global), emphasizes rigorous academic research and peer review before implementing changes. This is seen as a strength for long-term stability and security. * Security and Decentralization: Cardano aims for a high degree of security through its Ouroboros proof-of-stake consensus mechanism and a robust decentralized network. Proponents often highlight its lack of major security breaches. * Long-Term Vision and Sustainability: Cardano is designed with a multi-stage roadmap (Byron, Shelley, Goguen, Basho, Voltaire) that focuses on long-term scalability, interoperability, and self-sustaining governance. The upcoming Voltaire phase, with on-chain governance and treasury funding, is a key part of this vision. * eUTXO Model: Its extended Unspent Transaction Output (eUTXO) model is touted for offering enhanced security and predictability for smart contracts compared to account-based models. * Haskell Programming Language: The use of Haskell, a functional programming language, is seen by some as contributing to the security and reliability of the code. Key Criticisms and Debates: * "Slow Progress" Narrative: This is perhaps the most persistent criticism. Critics argue that Cardano's deliberate, research-heavy development pace has led to it falling behind competitors in delivering key functionalities, particularly in the DeFi (Decentralized Finance) and dApp (decentralized application) space. While smart contracts are live, the ecosystem's growth has been slower than many expected. *

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#IsraelIranConflict 🚨 BREAKING: Iran Raises Symbolic Red Flag of Retribution at Jamkaran Mosque 🇮🇷 In a powerful and rarely seen gesture, Iran has raised the red flag of revenge atop the Jamkaran Mosque in Qom — a move deeply rooted in Shiite tradition and signifying a call for justice following a national tragedy. This symbolic act follows the killing of senior Hamas official Ismail Haniyeh in Tehran, which Iranian authorities have attributed to Israeli forces. Supreme Leader Ayatollah Ali Khamenei has issued a stern warning, pledging a harsh response, stating: > "After this bitter event that occurred within the borders of our country, it is our duty to exact revenge." The red flag, which reads "O ye avengers of Hussein", draws from the historic martyrdom of Imam Hussein, and is only raised during times of intense national grief and impending retribution. The last major instance occurred after the 2020 assassination of General Qassem Soleimani. --- 📊 Market Response Amid Heightened Tensions: Bitcoin (BTC): $104,841 — ▼ 2.08% Ethereum (ETH): $2,541 — ▼ 7.38% S&P 500 ETF (SPY): $603.75 — ▲ 0.36% Gold ETF (GLD): $312.20 — ▲ 1.23% Investors are closely watching developments, with digital assets showing volatility while traditional safe havens like gold gain ground amid geopolitical uncertainty. --- 🧠 Why It Matters: Iran’s display of the red flag is more than symbolic — it signals the possibility of military or cyber retaliation, potentially through proxy forces. Markets may remain volatile as investors weigh the risks of broader regional conflict. Stay informed. Stay ahead. #Binance #CryptoNews #Bitcoin #Geopolitics #MiddleEast #WriteToEarn #MarketUpdate #Iran #BTC #ETH

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