š Trader & Ciclista š„ Appassionato di crypto e ciclismo, porto la stessa disciplina e strategia dagli allenmti su strada al mercato ššæ DYOR & Ride the trend
U.S. Senate to Vote on Overturning IRS Rule Affecting DeFi
According to Foresight News, as reported by CoinDesk, sources familiar with Senate plans have revealed that the U.S. Senate is set to vote this week on overturning a regulation by the Internal Revenue Service (IRS). This rule is considered a significant threat to the decentralized finance (DeFi) sector by the cryptocurrency industry.
I also tried it, placing a purchase order at 0.8001, but I immediately reconverted it to 1.15 and resold it at 1.275 after 20 minutes. Unfortunately, it was predictable that the starting price would not be 0.8. No scam.
mazharmalik676
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Binance team Upon $RED Red coin launched you have done cheating and unethical work. if market starts from 0.800 then can u tell me that how my filled order of 0.800 was not executed @Binance Customer Support
RED/USDT: Analysis and Strategies After a +61% Boom in 24 Hours
The cryptocurrency
(RedStone) is having a fire day on Binance, with a spike of +61.37% in the last 24 hours. The hype is sky-high, but what can we expect in the coming hours? Is it still a good time to enter or is it better to take profit? Let's see the key data and the best strategies to ride this volatility. š Key data of RED/USDT ⢠Current price: 1.2910 USDT ⢠24h change: +61.37% š ⢠24h high: 1.4609 USDT ⢠24h low: 0.8000 USDT ⢠Volume traded: 34.79M RED
Analyzing the cryptocurrency #ERN (Ethernity), it is noted how the announcement that the trading pair will be suspended on March 10, 2025, due to rebranding to #EPIC has resulted in significant volatility. The #rebranding of a cryptocurrency means that the project will undergo a change in name, identity, and potentially also in technology or token economics. In this case, ERN (Ethernity) will be renamed to EPIC on March 10, 2025, and the trading pair ERN/USDT will be suspended on Binance.
USDC (USD Coin) is a stablecoin, which is a cryptocurrency that is pegged to a stable fiat currency, in this case the US dollar. This means that 1 USDC should always be worth approximately 1 dollar. Here are the main features of the #USDC: Stability of Value: The primary goal of USDC is to provide stability in the volatile world of cryptocurrencies. This stability makes it useful for transactions, payments, and as a store of value. Transparency: USDC is issued by Centre, a consortium founded by Circle and Coinbase. Centre regularly publishes reports that show the dollar supply backing USDC in circulation, ensuring greater transparency.
š Recent trend - Current price: 1.477 USDT, down 8.60% in the last 24 hours. - High in 24h: 1.665 USDT - Low in 24h: 1.474 USDT The price is in sharp decline, reaching new daily lows.
š Trend and key levels - Overall trend: Negative in the short and long term (-75.36% in one year, -73.53% in 90 days). - Support: The price is close to a possible support level at 1.474-1.477 USDT. If this level holds, a rebound could occur. - Resistance: The first upward obstacle is around 1.52-1.55 USDT, where the price has been rejected multiple times.
š Volume and market sentiment Order book: 53.18% of orders are buy, while 46.82% are sell. There is a slight prevalence of demand. High volumes, indicating that the market is active.
šļø Technical indicators - MACD and RSI: Likely oversold, so a rebound is possible. - Bollinger Bands: The price is near the bottom, suggesting a possible upward reaction.
Is it worth buying now? š¤ If you want to take the risk: You could buy now with a stop-loss below 1.47 USDT and a target towards 1.52-1.55 USDT. āļø If you want confirmation: Better to wait for a strong green candle or a reversal signal before entering. ā If you are cautious: Avoid entering immediately, given the strong bearish trend.
#BuyTheDip Today I decided to purchase $RUNE . It seems there is a cyclical rise and fall in the price. Let me know if you are following me in the purchase, but also why you won't! #ProfitPotential
EURI, or Eurite, is a stablecoin pegged to the euro at a ratio of 1:1. This means that its value is designed to remain stable and match the value of the euro.
How does EURI work?
EURI is backed by an equivalent amount of euros held in a secure escrow account. This collateral mechanism aims to provide stability to the value of EURI and protect it from excessive fluctuations.
Is EURI safe?
The safety of EURI depends on several factors:
Collateralization: The fact that EURI is backed by euros in a secure escrow account is a security feature. However, it is important to ensure that the reserve account is operated in a transparent and secure manner. Regulation: The entry into force of the Markets in Crypto-Assets Regulation in the European Union adds an additional level of control and regulation for stablecoins, including EURI. This should help improve the safety and transparency of stablecoins. Issuer Reliability: It is essential to evaluate the reliability and reputation of the entity issuing EURI.
Bottom line:
EURI, like other stablecoins, presents both opportunities and risks. Its peg to the euro and regulatory compliance are positive elements, but it is essential to do your research and carefully evaluate all aspects before using this stablecoin.
So, what do you think? Do you invest in Euri? And especially in earn with Euri?
Interesting post! Thanks šŖšæ Also note the zero commissions from Binance for EUR transactions!
Phyliss Henneman aka thekid007
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#EURI
EURI, or Eurite, is a stablecoin pegged to the euro at a ratio of 1:1. This means that its value is designed to remain stable and match the value of the euro.
How does EURI work?
EURI is backed by an equivalent amount of euros held in a secure escrow account. This collateral mechanism aims to provide stability to the value of EURI and protect it from excessive fluctuations.
Is EURI safe?
The safety of EURI depends on several factors:
Collateralization: The fact that EURI is backed by euros in a secure escrow account is a security feature. However, it is important to ensure that the reserve account is operated in a transparent and secure manner. Regulation: The entry into force of the Markets in Crypto-Assets Regulation in the European Union adds an additional level of control and regulation for stablecoins, including EURI. This should help improve the safety and transparency of stablecoins. Issuer Reliability: It is essential to evaluate the reliability and reputation of the entity issuing EURI.
Bottom line:
EURI, like other stablecoins, presents both opportunities and risks. Its peg to the euro and regulatory compliance are positive elements, but it is essential to do your research and carefully evaluate all aspects before using this stablecoin.
So, what do you think? Do you invest in Euri? And especially in earn with Euri?
Studying the trend of these days of #ETH/USDT , the idea is to buy today and resell in a few months, waiting for the stock to bounce back to 4k. Wouldn't earning 50% on the investment be a good reason to wait? $ETH