#BinanceTurns8 Binance was founded in July 2017, which means | Engr Ansari on Binance Square

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#BinanceTurns8 Binance was founded in July 2017, which means #BinanceTurns8 in July 2025.In fact, the celebration for Binance's eighth anniversary is already underway! Reports indicate that a multi-phase event commemorating the exchange's eighth anniversary is running from July 1 through July 15, 2025, with various interactive activities and rewards.

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#BinanceTurns8 That's a great look ahead! While #BinanceTurns8 will be a massive milestone in 2025, we're getting ready to celebrate #BinanceTurns7 in July 2024! Binance was founded on July 14, 2017. July 2024: Binance celebrates its 7th anniversary. July 2025: Binance will celebrate its 8th anniversary. What to Expect for #BinanceTurns7 (July 2024) Based on past celebrations, the Binance community can likely look forward to a month full of activities and rewards, such as: Trading Competitions: Special tournaments with large prize pools in BNB, USDT, and other popular tokens. Giveaways & Airdrops: Opportunities to win exclusive merchandise, NFTs, and crypto rewards by completing simple tasks. Zero-Fee Trading: Promotions offering zero-fee trading on specific pairs (often BTC or major altcoins). Community Events: Online AMAs (Ask Me Anything) with the leadership team, including CEO Richard Teng, and virtual celebrations. A Look Back: Binance will likely share infographics and articles highlighting their major achievements, growth metrics, and milestones from the past year. A Look Forward: Announcements about their future roadmap, new products, and vision for the year ahead. Reflecting on the Journey As Binance approaches its 7th and eventually 8th year, it's incredible to see its evolution: From a startup crypto-to-crypto exchange to the world's largest digital asset ecosystem. Navigating immense regulatory challenges and demonstrating resilience. Expanding beyond the exchange with BNB Chain, Trust Wallet, CoinMarketCap, and various Web3 initiatives. A major leadership transition from founder CZ to the current CEO, Richard Teng. So, let's get ready for #BinanceTurns7 first! Here's to another year of building the future of finance. 🚀

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$BTC As of July 8, 2025, Bitcoin (BTC) is trading around $107,000 to $108,000 USD. It has been consolidating in this range, having recently rebounded from dips below $100,000. Here's a quick summary of recent news and sentiment: * Price Movement: Bitcoin is largely holding steady, with some short-term volatility. Analysts are watching for a decisive breakout above $110,000-$112,000, which could lead to $125,000 or even $230,000 according to some "cup and handle" pattern analyses. Failure to break out might see a retest of the $100,000 mark. * Market Sentiment: Investor confidence appears strong, with positive institutional demand and whale accumulation. Derivatives activity suggests underlying bullish pressure. * Institutional Adoption: BlackRock's iShares Bitcoin ETF has surpassed 700,000 Bitcoin holdings, making up 55% of total Bitcoin held across all US spot Bitcoin ETFs. There are also new developments like a hybrid Bitcoin/gold ETF launching in Brazil and Robinhood making tokenized US stocks available in the EU. The SEC is also acknowledging a proposed Bitcoin and Ethereum combined ETF from Trump's Truth Social. * Mining Activity: Bitcoin miners like BitFuFu and CleanSpark have reported strong production months, indicating continued expansion of mining fleets and hashrate. * Whale Activity: A significant event saw an investor move 80,000 Bitcoin ($8 billion worth) from a dormant wallet after 14 years. * Macroeconomic Factors: The upcoming July 9 US tariff decision is being watched closely by investors. Expectations of US Fed rate cuts are driving long-term bullish sentiment, while geopolitical risks remain a concern. * Altcoins: Bitcoin dominance is currently hovering around 64.6%, and some analysts suggest a major altcoin rally could follow Bitcoin's recent surge if certain patterns complete.

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$BNB BNB (Binance Coin) is the native cryptocurrency of the Binance ecosystem, which includes the BNB Chain (BNB Beacon Chain and BNB Smart Chain). Launched in 2017, BNB has evolved from a simple utility token for trading fee discounts on the Binance exchange to a versatile asset with numerous uses. Key aspects of BNB include: * Utility: It's used for discounted trading fees on Binance, transaction fees on the BNB Chain, participation in new token sales on Binance Launchpad, and a wide array of Decentralized Finance (DeFi) activities like liquidity provision, lending collateral, and staking for governance and passive income on BNB Smart Chain. It's also accepted for various payments, including travel and online services. * Deflationary Mechanism: Binance employs a robust token burn mechanism to reduce BNB's total supply from an initial 200 million to an eventual 100 million. This includes both quarterly burns (where Binance uses a portion of its profits to buy back and destroy BNB) and real-time burns (BEP-95), which incinerate a portion of transaction gas fees on the BNB Smart Chain. These burns aim to increase the scarcity and, theoretically, the value of BNB over time. * Market Position: BNB consistently ranks among the top cryptocurrencies by market capitalization, reflecting its significance and widespread adoption within the crypto space. Its value and ecosystem are subject to ongoing developments and market trends.

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#DayTradingStrategy Day trading is a high-risk, high-reward activity focused on profiting from short-term price movements within a single trading day. Success hinges on a well-defined strategy, strict risk management, and continuous learning. Key components of any day trading strategy include: * Knowledge and Research: Understanding market fundamentals and technical analysis. * Capital Management: Only trading with disposable income and limiting risk per trade (e.g., 1-2% of capital). * Time Commitment: Requires constant market monitoring. * Liquidity, Volatility, and Volume: Focusing on assets that allow for quick entry/exit, offer profit potential, and indicate high trader interest. Common day trading strategies include: * Scalping: Aiming for small, frequent profits from rapid price changes. * Trend Trading: Following the prevailing market direction. * Momentum Trading: Capitalizing on strong price movements driven by news or volume. * Breakout Trading: Entering trades when prices breach key support or resistance levels. * Mean Reversion: Betting on prices returning to their historical average. * News Trading: Reacting to economic news and announcements. * Range Trading: Buying at support and selling at resistance within a defined price channel. Important technical indicators used in day trading include Moving Averages, MACD, RSI, Stochastic Oscillator, OBV, and VWAP, all of which help identify patterns and predict price movements. Risk management is paramount: This involves setting max risk levels, appropriate position sizing, using stop-loss orders to limit losses, and take-profit points to secure gains. Backtesting strategies with historical data is crucial for evaluation and refinement before risking real capital, though past performance doesn't guarantee future results. Day trading demands discipline and is best approached with a demo account for practice before committing real funds.

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#TrumpTariffs Here’s the latest on #TrumpTariffs, a sweeping new wave of U.S. import duties implemented under former President Trump’s second term: --- 📌 What’s happening now Tariff Blitz on 14 Countries: As of July 1, letters were sent to 14 nations—including Japan, South Korea, Malaysia, Thailand, and Laos—threatening tariffs of 25–40% on all imports starting August 1 if no deal is reached . Universal & Sector-Specific Tariffs: Since April, a 10% “reciprocal” tariff has applied to most imports, with additional duties (e.g. 25% on autos, 50% on steel/aluminum) enacted under emergency authority . Legal Challenges: A federal trade court ruled in late May that the "Liberation Day" tariffs exceeded executive authority and are permanently blocked—however, other tariffs under trade law (Sections 232/301) remain in effect . --- 🧩 Why it matters Inflation & Consumer Impact: CFO surveys and analysts warn of rising prices and lower revenue, with average U.S. families projected to pay ~$3,800 more annually, significantly burdening middle- and lower-income households . Manufacturing & Auto Sector Struggle: The ISM manufacturing index remains in contraction (49.0%), hit by tariff uncertainty . Particularly, automakers face 25% duties leading to potential consumer price hikes of $2,000–10,000 per vehicle and slower sales . Broad Business Disruption: JPMorgan estimates tariffs could collectively cost U.S. firms $82 billion, forcing stockpiling, layoffs, and reduced margins . Companies like Apple, Amazon, GM, Ford, and Stellantis report disrupted operations, shifts in sourcing, and scaling back of forecasts . Revenue & Economic Growth: Although tariff receipts have already surpassed $100 billion and could hit $156 billion in 2025, economists warn of slowed GDP growth, delayed investments, and elevated recession risk from market volatility . --- 🛣️ What Comes Next Date Event Aug 1 deadline Tariffs are scheduled to take

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