I entered two Short (Sell) positions on the pairs BTCUSDT and SOLUSDT with the aim of benefiting from price declines:
1. BTCUSDT Position:
Type of Position: Short
Leverage: 10x
Entry Price: 101,870.6 USDT
Current Price: 102,327.7 USDT
Current Loss: -1.78 USDT (-4.48%)
Capital Used: 40 USDT
Liquidation Price: 111,569.1 USDT
The position is currently losing because the price has risen above the entry price.
2. SOLUSDT Position:
Type of Position: Short
Leverage: 20x
Entry Price: 171.1709 USDT
Current Price: 171.8534 USDT
Current Loss: -0.80 USDT (-7.97%)
Capital Used: 10 USDT
Liquidation Price: 178.8354 USDT
The loss is due to a slight rise in price above the entry price.
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The goal of both positions is to achieve profits if the market reverses and prices drop, while adhering to risk management and monitoring liquidation levels. #CryptoComeback #BTCBackto100K #Binance $BTC $SOL $BNB #CryptoBuzz
Details of the "circulating supply" of SHIBA INU (SHIB token) on the SHIB/USDT pair, taken from Binance. Here are some key points from the image:
There is a list of wallets holding large amounts of SHIB.
The addresses on the right side represent non-circulating wallets, meaning they are not typically used for trading and may belong to the project team or smart contract vaults.
There is a box labeled "Burning" that indicates the wallets to which the tokens have been sent for burning (i.e., permanently removed from circulation):
Wallet 0x0000...dead contains approximately 47 trillion SHIB.
Wallet 0xdead...942069 contains approximately 410 trillion SHIB.
This indicates that a large amount of SHIB has been burned, reducing the overall supply to increase scarcity and value. #BinanceAlphaAlert #AirdropFinderGuide
$TON Brothers, I have a bot ton application with 223 ton. Can I convert them to dollars? I want to. They said I have to make a deposit of 10 ton in order to withdraw. Is this true?
Don't mislead people and laugh at them, and if you don't know if the currency is going up or down, don't tell people to buy and tell them that the currency is going up or advise them to buy
This currency is going down and the evidence for this is that in September 2022 its price was 0.00064800 and now its price is 0.00016231 $LUNC
Why is buying now in the cryptocurrency market an unwise move?
In the world of cryptocurrencies, making the right financial decisions requires in-depth study and careful analysis of the market. When cryptocurrencies are at their peak prices, an important question arises: is buying at this stage a smart move? The answer is often “no,” and here are the reasons that support this position. 1. The summit is not an opportunity, but a risk.
Blum is a digital token associated with the Blum platform, a decentralized exchange that aims to provide a seamless trading experience that combines centralized and decentralized platforms. The platform allows users to trade a variety of tokens across multiple chains, with a focus on simplicity and security.
Regarding the Blum Airdrop, a specific date has not yet been announced for the airdrop. To stay informed and get updates on the airdrop date, it is recommended to follow the project’s official social media channels, such as their Twitter and Telegram accounts.
To increase your chances of getting free tokens during the airdrop, you can participate in the following activities:
1. Sign up for Blum’s Telegram bot: Access the Blum bot on Telegram and start interacting with it.
2. Participate in the “Blum Drop” game: After registering, you can play the “Blum Drop” game within the bot to earn points that can be exchanged for Blum tokens.
3. Complete social tasks: Participate in available social tasks, such as following official accounts on social media, to help increase your points.
4. Invite Friends: Use referral links to invite your friends, which will allow you to earn extra points when they sign up. $TRX #MarketDownturn #TRX
Cryptocurrency burning is a mechanism used by cryptocurrency projects to reduce the circulating supply of tokens, potentially increasing their scarcity and therefore their potential value. This process is typically done by sending a number of tokens to a burn address, which is an inaccessible digital wallet.
The most notable cryptocurrencies currently experiencing active burns are:
Shiba Inu (SHIB): This coin has seen a significant increase in its burn rate, rising by 320% in 24 hours, resulting in over 10.31 million tokens being burned in a single day.
Dogecoin (DOGE): Periodic burns are carried out to reduce the circulating supply of the coin.
Solana (SOL): Regular burns are carried out as part of its inflation mechanism.
Ethereum (ETH): After the EIP-1559 update, a portion of the transaction fees are burned, reducing the circulating supply of Ethereum.
It is worth noting that burn operations are not common for all cryptocurrencies, and vary from one project to another based on their strategies and goals.
In the world of trading and cryptocurrencies, opportunities and risks are increasing dramatically, making the need for clear strategies and sound foundations vital to success. Whether you are a beginner investor or an experienced trader, following the tips below can help you make wiser decisions and avoid common mistakes.
To date, there has been no official announcement from the Moroccan authorities allowing the trading of cryptocurrencies. In 2017, the Moroccan authorities banned the use of cryptocurrencies, warning of the risks associated with them.
Most recently, in November 2024, the Governor of Bank Al-Maghrib, Abdellatif Jouahri, announced that the central bank is in the process of adopting a draft law to regulate crypto-assets, after preparing it with the participation of all stakeholders.
BounceBit (BB) is a cryptocurrency that acts as a functional token to support decentralized auctions, token exchanges, and digital asset management on the Bounce platform. It allows users to participate in transparent and efficient auctions without the need for intermediaries, especially for NFTs and other tokens.
BB is currently listed on several major exchanges, including Binance, and has a market cap of around $164 million with a total supply of 2.1 billion tokens. It has gained attention in the decentralized finance (DeFi) sector, where it combines traditional and decentralized financial features to enhance Bitcoin-based financial solutions. BB has recently shown positive performance, outperforming the general cryptocurrency market in the short term.
⚪️🟡Official BounceBit x Square Campaign Announcement! It’s simple—complete below tasks and earn $10,000 in rewards! Earn $BB coins by: 1. Following our account 2. Sharing this pinned post 3. Participating in eligible trading activities listed here: Official Campaign Post 4. Create a post with a minimum of 100 characters using the hashtag #BounceBit
BTTC, or BitTorrent Chain Token, is the native cryptocurrency of the BitTorrent Chain platform, a decentralized blockchain ecosystem. BTTC aims to enhance file sharing services and expand the reach of decentralized applications (dApps) on the BitTorrent network.
Basic information about BTTC:
1. What is BTTC?
BTTC is a cryptocurrency integrated with the BitTorrent network, which speeds up and organizes data exchange and rewards in a peer-to-peer (P2P) environment.
In 2013, the price of Bitcoin experienced a significant rise and significant volatility. The year began at a price of around $13 per Bitcoin, but as media and investment interest in the digital currency increased, its value began to rise dramatically.
By April 2013, the price of Bitcoin reached around $266, but soon dropped sharply to less than $100. After that, the price continued to rise again gradually until the end of the year, reaching a then-historical high in November 2013, exceeding $1,000 for the first time.
2013 was the beginning of intense global interest in Bitcoin and led to increased recognition of it as a digital currency with high investment potential.
The price of Bitcoin first reached $1 in February 2011.
At that time, Bitcoin was still in a very early stage of its development, and the market size was very limited compared to today. At the beginning of 2011, the price of Bitcoin ranged between $0.30 and $1, and the currency saw significant jumps in value during that year.
The price of Bitcoin reached $1 during the period when more people and investors began to learn about the digital currency and trade it. $BTC $ETH $BNB #MarketDownturn
When Bitcoin first appeared in 2009, its price was almost zero dollars, because there was no official market for buying or selling Bitcoin at the time.
Bitcoin was initially mined by its founder Satoshi Nakamoto and was distributed for free or in exchange for certain services. In the first known commercial transaction using Bitcoin, in 2010, a pizza was purchased for 10,000 Bitcoin. At that time, the price of Bitcoin was close to 0.003 cents only.
In other words, Bitcoin was in its early days as an experimental currency that did not have a fixed market value until it was more widely traded later.