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P2P Cash Zone is temporarily suspended!!
Cash Zone is the latest trading area of Binance P2P. Users can choose from a range of ads to buy and sell cash, while also visiting the physical stores of cash traders to carry out direct transactions with fiat currency.
To make it clear for everyone, we are still trading through banking as usual in P2P. It's just that due to the upcoming tightening of legal regulations in various countries, cash transactions are being canceled. Don't panic!!
#P2PCashZone #binance
Cash Zone is the latest trading area of Binance P2P. Users can choose from a range of ads to buy and sell cash, while also visiting the physical stores of cash traders to carry out direct transactions with fiat currency.
To make it clear for everyone, we are still trading through banking as usual in P2P. It's just that due to the upcoming tightening of legal regulations in various countries, cash transactions are being canceled. Don't panic!!
#P2PCashZone #binance
A cryptocurrency, representing an intersection of blockchain and sports, has recently emerged as a source of excitement to crypto markets as major digital assets trade listless.
CHZ, the native token of the Chiliz blockchain (CHZ), which powers the largest sports fan token creator platform, Socios.com, has risen 25% in seven days, reaching a two-month high of over 15 cents. Prices hit a three-week high of 16 cents early today, according to data source Coingecko.
The double-digit price surge is the third largest among the top 100 cryptocurrencies by market value, including bitcoin and ether. (Notcoin and dogwifwhat are best performers).
Excitement about the upcoming 24-country Union of European Football Associations (UEFA) Euro, which will be held from June 14 to July 14, seems to have amplified CHZ’s valuations. Most fan tokens are procured on Socios.com utilizing CHZ. Thus, the cryptocurrency represents the degree of interaction between fans and their favorite sports teams.
A much bigger rally unfolded in the lead-up to the 2022 FIFA World Cup. The token doubled in value to nearly 30 cents through the summer of 2022, topping out a day before the global sporting event, which kicked off on November 20, 2022. Prices tanked nearly 40% in December that year.
In general, sports tokens are vulnerable to “buy the rumor, sell the news” tendencies, representing a pre-event period of optimism and price rallies and subsequent price declines, a recent study titled “Anticipatory Gains and Event-Driven Losses in Blockchain-Based Fan Tokens: Evidence from the FIFA World Cup,” published in Research in International Business and Finance, revealed.
Football events are known to boost consumption and economic activity in Europe. A 2019 paper found a relevant direct statistical link between the market value of regional football clubs in Europe and the economic performance of the respective regions.
The availability of fan tokens and blockchains like Chiliz has made it easier to price in and measure sporting events' financial and economic impact.#binance
CHZ, the native token of the Chiliz blockchain (CHZ), which powers the largest sports fan token creator platform, Socios.com, has risen 25% in seven days, reaching a two-month high of over 15 cents. Prices hit a three-week high of 16 cents early today, according to data source Coingecko.
The double-digit price surge is the third largest among the top 100 cryptocurrencies by market value, including bitcoin and ether. (Notcoin and dogwifwhat are best performers).
Excitement about the upcoming 24-country Union of European Football Associations (UEFA) Euro, which will be held from June 14 to July 14, seems to have amplified CHZ’s valuations. Most fan tokens are procured on Socios.com utilizing CHZ. Thus, the cryptocurrency represents the degree of interaction between fans and their favorite sports teams.
A much bigger rally unfolded in the lead-up to the 2022 FIFA World Cup. The token doubled in value to nearly 30 cents through the summer of 2022, topping out a day before the global sporting event, which kicked off on November 20, 2022. Prices tanked nearly 40% in December that year.
In general, sports tokens are vulnerable to “buy the rumor, sell the news” tendencies, representing a pre-event period of optimism and price rallies and subsequent price declines, a recent study titled “Anticipatory Gains and Event-Driven Losses in Blockchain-Based Fan Tokens: Evidence from the FIFA World Cup,” published in Research in International Business and Finance, revealed.
Football events are known to boost consumption and economic activity in Europe. A 2019 paper found a relevant direct statistical link between the market value of regional football clubs in Europe and the economic performance of the respective regions.
The availability of fan tokens and blockchains like Chiliz has made it easier to price in and measure sporting events' financial and economic impact.#binance
Bitcoin (BTC) Short Covering Soon As US CPI Numbers Could Surprise, Predicts Analyst
Bhushan Akolkar
The world’s largest cryptocurrency Bitcoin (BTC) came under pressure on Tuesday, May 14, dropping 1% and slipping under $62,000 amid concerns over the US macroeconomic data. As per CoinGlass data, more than $100 million in Bitcoin long positions liquidated over the past 24 hours.
Bitcoin Short Covering Soon?
HODL15Capital recently provided insights into recent Bitcoin on-chain activity, shedding light on potential market trends. As per the observations, holders of less than 1 BTC have continued selling, marking a consistent trend. However, a notable development emerged as the cohort holding 100 or more BTC recorded a net negative activity—a rarity in recent times.
All eyes are current on the release of the US CPI numbers scheduled to happen later today on Wednesday. Kyle Rodda, a senior market analyst at Capital.com said:
“Market sentiment hinges on tonight’s US CPI report. While promising, if it were to occur and represent a more than three-year low for core CPI, a greater downside surprise would be required to dispel fears about sticky and re-anchored inflation.”
But popular Bitcoin analyst Will Woo believes that it will not be long until global liquidity kicks in again by the end of the year.
Bitcoin analyst Willy Woo has identified a bullish pattern in global liquidity, likening it to an ascending triangle formation. He predicts an expected breakout from this pattern before October 2024, signaling potential bullish momentum for BTC. Woo’s analysis suggests that the period leading up to 2025 could be historic for Bitcoin
$BTC
Bhushan Akolkar
The world’s largest cryptocurrency Bitcoin (BTC) came under pressure on Tuesday, May 14, dropping 1% and slipping under $62,000 amid concerns over the US macroeconomic data. As per CoinGlass data, more than $100 million in Bitcoin long positions liquidated over the past 24 hours.
Bitcoin Short Covering Soon?
HODL15Capital recently provided insights into recent Bitcoin on-chain activity, shedding light on potential market trends. As per the observations, holders of less than 1 BTC have continued selling, marking a consistent trend. However, a notable development emerged as the cohort holding 100 or more BTC recorded a net negative activity—a rarity in recent times.
All eyes are current on the release of the US CPI numbers scheduled to happen later today on Wednesday. Kyle Rodda, a senior market analyst at Capital.com said:
“Market sentiment hinges on tonight’s US CPI report. While promising, if it were to occur and represent a more than three-year low for core CPI, a greater downside surprise would be required to dispel fears about sticky and re-anchored inflation.”
But popular Bitcoin analyst Will Woo believes that it will not be long until global liquidity kicks in again by the end of the year.
Bitcoin analyst Willy Woo has identified a bullish pattern in global liquidity, likening it to an ascending triangle formation. He predicts an expected breakout from this pattern before October 2024, signaling potential bullish momentum for BTC. Woo’s analysis suggests that the period leading up to 2025 could be historic for Bitcoin
$BTC
Bitcoin's triangular consolidation has ended with a bullish breakout, opening the door to $80,000, according to analysis by 10x Research.
The latest breakout comes on the back of a blowout U.S. jobs report.
Bitcoin (BTC), the leading cryptocurrency by market value, could soon rally to new record highs after breaking through a so-called triangle resistance, according to technical analysis by 10x Research.
Early Monday, BTC rose past $72,000, passing through a triangular consolidation pattern identified by a resistance line connecting March 15 and March 27 highs and a support line connecting March 20 and April 3 lows.
"If the breakout is bullish, which we suspect, bitcoin could climb above 80,000 during the next few weeks – if not earlier. Buying at $69,280 and setting a stop loss at $65,000 appears appropriate," Markus Thielen, founder of 10X Research, said in a note sent to clients early Monday.$BTC
The latest breakout comes on the back of a blowout U.S. jobs report.
Bitcoin (BTC), the leading cryptocurrency by market value, could soon rally to new record highs after breaking through a so-called triangle resistance, according to technical analysis by 10x Research.
Early Monday, BTC rose past $72,000, passing through a triangular consolidation pattern identified by a resistance line connecting March 15 and March 27 highs and a support line connecting March 20 and April 3 lows.
"If the breakout is bullish, which we suspect, bitcoin could climb above 80,000 during the next few weeks – if not earlier. Buying at $69,280 and setting a stop loss at $65,000 appears appropriate," Markus Thielen, founder of 10X Research, said in a note sent to clients early Monday.$BTC
Best Crypto to Buy Today
Internet Computer (ICP)
Up nearly 14% in 24 hours, Internet Computer (ICP) is one of the best-performing cryptos on Tuesday.
Last at $19.50, ICP recently broke convincingly to the north of a prior $10-16 multi-week range.
ICP is now up over 80% since its lows around $10.50 from five days ago. But ICP is still down over 94% down from its record peaks from 2021 around $350.
Its modest market cap of currently just over $10 billion suggests there is plenty of room for growth.
ICP may not hit its 2021 highs soon, but 10x gains are certainly in the cards. That means it could easily be the best crypto to buy today.
Aptos (APT)
Much hyped layer-1 blockchain protocol Aptos (APT) is approaching a retest of its highest-ever levels.
APT was last up 13% on Tuesday in the $18s, as per CoinMarketCap.
If it can break to the north of its all-time highs above $20, the sky becomes the limit. That, of course, assumes that Aptos experiences significant real-world adoption in the years ahead.
Aptos was developed by a team of well-connected ex-Facebook employees who were behind the social media platform’s failed Libra cryptocurrency.
Compared to its future potential, its $7.4 billion market cap and fully diluted cap of $20.3 billion could be undervalued.
Aptos could well be the best crypto to buy today.
Fetch.ai (FET)
The decentralized machine learning platform Fetch.ai (FET) has been pumping in recent days.
It was last up around 5% in the past 24 hours around $0.975, as per CoinMarketCap.
FET is closing in on a retest of its 2021 record highs in the $1.20 area, which could mean quick gains in the region of 20%.
But FET has a modest market cap of only around $800 million and a promising AI use case.
That suggests it could go a lot higher, perhaps posting gains in the region of 4-5x.
That makes Fetch.ai one of the best cryptos to buy today.$FET $$APT $ICP
#BinanceVietnamSquare
Internet Computer (ICP)
Up nearly 14% in 24 hours, Internet Computer (ICP) is one of the best-performing cryptos on Tuesday.
Last at $19.50, ICP recently broke convincingly to the north of a prior $10-16 multi-week range.
ICP is now up over 80% since its lows around $10.50 from five days ago. But ICP is still down over 94% down from its record peaks from 2021 around $350.
Its modest market cap of currently just over $10 billion suggests there is plenty of room for growth.
ICP may not hit its 2021 highs soon, but 10x gains are certainly in the cards. That means it could easily be the best crypto to buy today.
Aptos (APT)
Much hyped layer-1 blockchain protocol Aptos (APT) is approaching a retest of its highest-ever levels.
APT was last up 13% on Tuesday in the $18s, as per CoinMarketCap.
If it can break to the north of its all-time highs above $20, the sky becomes the limit. That, of course, assumes that Aptos experiences significant real-world adoption in the years ahead.
Aptos was developed by a team of well-connected ex-Facebook employees who were behind the social media platform’s failed Libra cryptocurrency.
Compared to its future potential, its $7.4 billion market cap and fully diluted cap of $20.3 billion could be undervalued.
Aptos could well be the best crypto to buy today.
Fetch.ai (FET)
The decentralized machine learning platform Fetch.ai (FET) has been pumping in recent days.
It was last up around 5% in the past 24 hours around $0.975, as per CoinMarketCap.
FET is closing in on a retest of its 2021 record highs in the $1.20 area, which could mean quick gains in the region of 20%.
But FET has a modest market cap of only around $800 million and a promising AI use case.
That suggests it could go a lot higher, perhaps posting gains in the region of 4-5x.
That makes Fetch.ai one of the best cryptos to buy today.$FET $$APT $ICP
#BinanceVietnamSquare
Bitcoin’s price took a sharp tumble, dropping over 8% to under $62,000, with CoinDesk noting that it was the largest single-day decline since November of 2022 when FTX faced bankruptcy. This recent pullback amounts to a 15% decline from last week’s record highs of over $73,500.
The news outlet speculated that there are multiple factors tied to Bitcoin’s recent slide, including significant outflows from spot ETFs, with a record net outflow of $326 million on Tuesday. Grayscale’s ETF also witnessed a record outflow of $643 million on Monday. Economist An analyst identified excessive leverage, Ethereum’s influence on market sentiment, negative BTC ETF inflows, and the overextension of Solana’s market as key factors behind the crash, emphasizing the importance of funding and market dynamics.
Will this surplus in Bitcoin supply back on the market allow institutions to refill their bags? $BTC
The news outlet speculated that there are multiple factors tied to Bitcoin’s recent slide, including significant outflows from spot ETFs, with a record net outflow of $326 million on Tuesday. Grayscale’s ETF also witnessed a record outflow of $643 million on Monday. Economist An analyst identified excessive leverage, Ethereum’s influence on market sentiment, negative BTC ETF inflows, and the overextension of Solana’s market as key factors behind the crash, emphasizing the importance of funding and market dynamics.
Will this surplus in Bitcoin supply back on the market allow institutions to refill their bags? $BTC
Decentraland (MANA) Airdrop Event
Decentraland (MANA) is a decentralized 3D virtual reality platform powered by the Ethereum blockchain where users can create virtual structures such as casinos, art galleries, concert halls and theme parks, and charge other players to visit them.
#hotTrends #metaverse #ToTheMoon $MANA $SAND
Decentraland (MANA) is a decentralized 3D virtual reality platform powered by the Ethereum blockchain where users can create virtual structures such as casinos, art galleries, concert halls and theme parks, and charge other players to visit them.
#hotTrends #metaverse #ToTheMoon $MANA $SAND
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