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#DigitalAssetBill subscribe to @moneyforfreewrose on YouTube Understanding the Digital Asset Bill The Digital Asset Bill is a proposed legislative framework aimed at regulating cryptocurrencies, stablecoins, NFTs, and other digital assets. Its goal is to provide legal clarity, enhance consumer protection, and support innovation in blockchain technology. The bill defines key terms such as “digital asset,” “virtual currency,” and “digital commodity.” It outlines which agencies—like the SEC or CFTC—have oversight, depending on whether a token is considered a security or a commodity. Consumer safeguards include mandatory disclosures for token issuers, anti-fraud measures, and compliance with anti-money laundering (AML) laws. The bill also calls for stablecoin issuers to maintain full reserves and undergo regular audits. For developers and startups, the bill aims to reduce regulatory uncertainty by creating clear rules for token offerings, decentralized finance (DeFi) platforms, and exchanges. It proposes a regulatory sandbox for testing new blockchain products under limited oversight. Critics argue the bill could stifle innovation with overly strict compliance requirements, while supporters believe it will legitimize the industry and attract more institutional investors. Overall, the Digital Asset Bill represents a major step toward integrating digital assets into the traditional financial system while attempting to balance innovation with security.
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$BTC BTC Coin Pair Overview – May 3, 2025 Bitcoin (BTC), the leading cryptocurrency, remains the dominant trading pair across global exchanges. As of today, BTC continues to serve as the base currency for a wide range of altcoin trading pairs including ETH/BTC, SOL/BTC, and ADA/BTC. These pairs allow traders to speculate on the performance of alt-coins relative to Bitcoin, rather than fiat currencies like USD or EUR. BTC’s market dominance is currently around 48%, reflecting continued investor confidence amid global macroeconomic uncertainty. The BTC/USDT pair is the most liquid, with billions in daily trading volume, followed by BTC/USD and BTC/ETH. BTC’s price today hovers near \$63,200, showing signs of consolidation after a brief rally earlier in the week. With volatility still present, many traders are watching key support and resistance levels for breakout opportunities. Long-term holders (HODLers) remain optimistic, bolstered by institutional interest and ongoing developments in Bitcoin ETFs. In BTC-based pairs, altcoin trends can sometimes move counter to BTC price action. When BTC is stable, altcoins tend to flourish; when BTC is highly volatile, altcoins often retrace. Overall, BTC pair trading remains a core strategy for both spot and margin traders, offering diversification and strategic positioning in the crypto market.
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#AirdropSafetyGuide subscribe to @moneyforfreewrose on youtube Crypto Airdrop Safety Guide Crypto airdrops can be a great way to earn free tokens, but they also attract scammers. Here’s how to stay safe while participating. 1. Verify the Source: Only join airdrops from official project websites or trusted social media accounts. Double-check URLs for typos and impersonation. 2. Never Share Private Keys: Airdrops never require your private keys or seed phrases. If asked, it's a scam—never share these. 3. Use a Separate Wallet: Create a new wallet just for airdrops to isolate risk from your main holdings. 4. Avoid Suspicious Apps or Downloads: Some fake airdrops trick you into installing malware. Stick to official app stores and browser extensions. 5. Don’t Pay to Receive: Legitimate airdrops are free. If someone asks for crypto or gas fees upfront, it’s likely fraudulent. 6. Watch for Phishing Links: Be cautious with DMs and emails promoting airdrops. Always verify links before clicking. 7. Use 2FA and Strong Passwords: Secure your exchange and wallet accounts with two-factor authentication. Stay informed, stay skeptical, and you can safely benefit from crypto airdrops.
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#AirdropStepByStep subscribe to @moneyforfreewrose A crypto airdrop is a marketing strategy where cryptocurrency projects distribute free tokens to users to promote awareness or reward loyalty. Here’s how it typically works: 1. Research: Start by finding legitimate airdrops. Check crypto news sites, airdrop aggregators, or official project channels like Twitter or Telegram. 2. Wallet Setup*: Create a compatible wallet (e.g., MetaMask or Trust Wallet) that supports the token’s blockchain (Ethereum, BNB Chain, etc.). 3. *Eligibility Check: Some airdrops are open (anyone can join), while others are exclusive based on past actions, like holding a certain token or using a platform. 4. Join the Airdrop: Follow the project’s instructions. This may involve signing up, joining a Telegram group, following social media pages, or completing tasks like retweets or referrals. 5. Submit Wallet Address: Provide your public wallet address (never your private key) so the tokens can be sent to you. 6. Wait for Distribution: Tokens are usually distributed after the campaign ends. Timelines vary—some are instant, others take weeks. 7. Claim or Hold: Once received, you can hold, trade, or sell the tokens on supported exchanges. Always be cautious—avoid scams by verifying sources and never sharing sensitive information.
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#AirdropFinderGuide Airdrop Finder Guide for Crypto subscribe to @moneyforfreewrose on youtube Crypto airdrops are promotional campaigns where blockchain projects distribute free tokens to users, often to build awareness or reward loyalty. To find legitimate airdrops, start by visiting reputable websites like AirdropAlert, CoinMarketCap Airdrops, or Earnifi. These platforms list ongoing and upcoming airdrops with details on eligibility and deadlines. Join crypto communities on Twitter, Telegram, and Discord, as many projects announce airdrops through their social channels. Always verify official links and watch out for scams—never share private keys or send funds to claim an airdrop. Common requirements include holding a specific token, signing up for a newsletter, completing simple social tasks (like retweeting or joining groups), or interacting with a testnet. Some airdrops also use snapshot dates to reward holders at a specific time, so staying informed is key. Use a separate wallet for airdrops to minimize risk and manage rewards. Tools like MetaMask and Trust Wallet are widely used. Track your earnings and verify token authenticity on blockchain explorers like Etherscan or BSCScan. Consistently participating in airdrops can yield valuable assets over time, especially from early-stage projects that grow in value. Stay informed, be cautious, and take advantage of this unique crypto opportunity.
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