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BeyOglu - The Analyst
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check my profile you might catch something.
if i share such things it will count as violation
Mechanical_Trader
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$BNB hits USD 1,000. The chain no one talks about is doing a lot better than you would think. In July 2017, Binance launched BNB as an ERC-20 (ETH) token. The ICO price was $0.10. Now it has hit $1,000 for the first time. In 2019, Binance launched BNB (then known as Binance Chain and later Binance Smart Chain). It was effectively a modified Ethereum clone. So, BNB migrated to the Binance Chain. I recall vividly how the cryptocurrency world was divided between Ethereum and BNB. Ethereum was decentralised (then PoW), BNB was not. But the latter was cheaper and faster. Yes, there were other chains, but most new projects were built on one of these two. Today, Solana is considered the main competitor to Ethereum, and other L1s and L2s get a lot more attention than BNB. Yet, the price hit $1,000. Why? I think this is due to two things. 1️⃣ BNB is actually doing well. If you look at the metrics, it has been rather successful at attracting new users and projects. It is usually not the projects that we talk most about, but the ecosystem is thriving. 2️⃣ Institutional and corporate interest in BNB is starting to appear. Around 50 DATs have reportedly expressed interest in gaining exposure to BNB. Some, like CEA Industries, Nano Labs, and Windtree Therapeutics, have already disclosed long-term holdings. So, where do I see this going from here? I think BNB will do well. Yes, it is not decentralised, and I still perceive it as a corporate chain (although Binance have worked hard to brand it as a community-driven chain). But then again, most L2s are not any better. #BNBATH
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Do you know why everyone is writing about OpenLedger ($OPEN ) on Binance Square these days? 🤔 @OpenLedger is gaining traction fast because: 1️⃣ DeFi Innovation – $OPEN is building tools that make decentralized finance easier and more efficient. 2️⃣ Transparency & Security – Strong focus on open-source and trustless systems, which appeals to serious investors. 3️⃣ Market Buzz – Increasing mentions on Binance Square and community forums show growing interest and momentum. With attention building up, $$OPEN ould be one of the most talked-about projects this season. 🚀 #OpenLedger
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#FTX Set to Repay $1.6B to Creditors, Raising Hopes for Crypto Market Upside. FTX will distribute $1.6B to creditors by September 30, 2025, with liquidity concerns impacting market sentiment despite price fluctuations. FTX’s third distribution to creditors, scheduled for September 30, 2025, marks a key moment in the bankruptcy process. With $1.6 billion to be paid out, the move has sparked speculation about its potential to influence the broader cryptocurrency market.
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Grayscale’s ADA & XRP ETF Sees $22M Trading Volume on Debut
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#Bitcoin Update. Bitcoin is still in upward trend, $BTC is getting pullback from the the trend line. At time time of writing this bitcoin is trading at 115800 trying to break above 116k$. Weekly close above 116500$ would be consider as bullish close.
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