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We’re thrilled to share that MGX has made the first-ever institutional investment in Binance, marking a major milestone in the adoption of digital assets and the growing influence of blockchain in global finance.
This $2 billion investment is not only the largest ever in a crypto company but also the biggest investment made entirely in cryptocurrency.
Learn more: https://s.binance.com/uWq0hhpT
#Binanceanouncement
This $2 billion investment is not only the largest ever in a crypto company but also the biggest investment made entirely in cryptocurrency.
Learn more: https://s.binance.com/uWq0hhpT
#Binanceanouncement
Current Price: $124.54 (-2.62%)
Recent Low: $112.00
MACD & Trend: Still bearish, but recovering from a dip
Short-term Trend: Downtrend (-13.79% in 7 days)
If you’re trading short-term, you might wait for a clearer breakout.
If you’re buying long-term, accumulating near support levels like $112 could be a better entry.
Short answer: Wait for confirmation or buy on dips. Avoid selling at a loss unless necessary.
$SOL
Recent Low: $112.00
MACD & Trend: Still bearish, but recovering from a dip
Short-term Trend: Downtrend (-13.79% in 7 days)
If you’re trading short-term, you might wait for a clearer breakout.
If you’re buying long-term, accumulating near support levels like $112 could be a better entry.
Short answer: Wait for confirmation or buy on dips. Avoid selling at a loss unless necessary.
$SOL
As of March 13, 2025, Bitcoin (BTC) is trading at approximately $82,830.
Recent analyses present mixed forecasts for Bitcoin's price movement:
Short-Term Bearish Outlook: Analysts at 10X Research suggest a potential decline to $73,000, emphasizing the importance of risk management in the current market environment.
Historical Trends Indicate Potential Upside: Some experts, referencing historical patterns, predict Bitcoin could reach up to $150,000 in 2025, though they caution about possible short-term volatility.
Given these varied perspectives, it's crucial to approach Bitcoin trading with caution, considering both the potential for short-term declines and the possibility of long-term gains
$BTC
Recent analyses present mixed forecasts for Bitcoin's price movement:
Short-Term Bearish Outlook: Analysts at 10X Research suggest a potential decline to $73,000, emphasizing the importance of risk management in the current market environment.
Historical Trends Indicate Potential Upside: Some experts, referencing historical patterns, predict Bitcoin could reach up to $150,000 in 2025, though they caution about possible short-term volatility.
Given these varied perspectives, it's crucial to approach Bitcoin trading with caution, considering both the potential for short-term declines and the possibility of long-term gains
$BTC
Today's PNL
2025-03-12
+$0
+0.04%
CPI Data & BTC's Potential Reaction – What to Expect?
The release of today’s CPI data is critical for BTC’s next move.
📊 A CPI below 0.3% suggests cooling inflation, which could boost BTC as market sentiment turns positive.
📊 A CPI exactly at 0.3%, in line with expectations, may lead to a stable BTC with little to no significant movement.
📊 A CPI above 0.3% points to increasing inflation concerns, potentially weakening BTC as investors brace for tighter monetary policies.
Stay alert for potential volatility around the release! 🔥📉📈
#cpi #CryptoCPIWatch #CPIdata
The release of today’s CPI data is critical for BTC’s next move.
📊 A CPI below 0.3% suggests cooling inflation, which could boost BTC as market sentiment turns positive.
📊 A CPI exactly at 0.3%, in line with expectations, may lead to a stable BTC with little to no significant movement.
📊 A CPI above 0.3% points to increasing inflation concerns, potentially weakening BTC as investors brace for tighter monetary policies.
Stay alert for potential volatility around the release! 🔥📉📈
#cpi #CryptoCPIWatch #CPIdata
Abu Dhabi's MGX investment group has made a significant $2 billion investment in Binance, marking the first institutional investment in the world's leading cryptocurrency exchange. This minority stake was acquired using stablecoins, though the specific types were not disclosed. MGX, initially focused on artificial intelligence, is now venturing into the intersection of AI, blockchain technology, and finance. This investment aligns with Abu Dhabi's ambition to establish itself as a cryptocurrency hub and strengthens Binance's presence in the UAE, where it employs around 1,000 people and holds a local operating license.
#MGXBinanceInvestment
#MGXBinanceInvestment
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