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In an analysis posted on Tradingview, cryptocurrency analyst Tradingshot presents a view where bitcoin might cross the $330,000 threshold. Utilizing a blend of historical pattern disruptions and the Theory of Diminishing Returns (TODR), the market analyst posits that the upcoming cycle may break from the traditional pattern of lesser yields.

Bitcoin’s Journey Towards a Possible $330,000 Peak According to Latest Tradingview Analysis

A Tradingview contributor, followed by over 71,000 enthusiasts, shared insights in a piece titled “Bitcoin What Is Next Narrative It Will Break?” According to this analysis by Tradingshot, if BTC maintains its current path, it’s on track to significantly deviate from its usual growth pattern, potentially heralding a groundbreaking phase for its price progression. Tradingshot explains that bitcoin (BTC) has recently overturned its cycle of narrative disruption, establishing new benchmarks in its market performance.
Commencing with a dip below its former all-time high (ATH) in June 2022, followed by surpassing the 1-week moving average (MA) and undergoing its inaugural 1-week death cross and golden cross, BTC has continually surpassed expectations. Importantly, Tradingshot highlighted that BTC achieved a new ATH beyond $69,000 before the 2024 halving event, indicating strong momentum that might propel it toward the $330,000 mark.
Tradingshot’s Tradingview idea chart for the analysis called “Bitcoin What Is Next Narrative It Will Break?”
Challenging the Theory of Diminishing Returns (TODR), which suggests that each bitcoin bull cycle generates lesser returns than its predecessor, the historic profits from earlier cycles, decreasing from +53,1681% to a more recent +2,051%, are now at a pivotal juncture. If BTC’s path can indeed defy this theory, it wouldn’t just symbolize extraordinary growth but also signify a pivotal shift in how bitcoin is perceived and valued as an asset class.

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Binance Web3 Wallet Airdrop: $90,000 in DODO Up for Grabs!

2024-03-05 04:15

DODO/BTC

0.00000387

+2.11%

This is a general announcement. Products and services referred to here may not be available in your region.

Activity Period: 2024-03-05 00:00 (UTC) to 2024-03-18 23:59 (UTC)

How to Participate:

Click the [Join Now] button on the activity page.

Complete the following missions using Binance Web3 Wallet* during the Activity Period to qualify for an equal share of the respective prize pools:

Mission Details (Tutorial)

Prize Pool

Use the Binance Web3 Wallet in-wallet swap function to purchase at least 50 DODO tokens on BNB Smart Chain

$9,000 in DODO tokens

Reach a minimum cumulative trading volume of $100 equivalent on any eligible trading pair(s)* on DODOX, excluding any cross-chain transaction(s)

$18,000 in DODO tokens

Reach a minimum cumulative trading volume of $500 equivalent on any eligible trading pair(s)* on DODOX, excluding any cross-chain transaction(s)

$18,000 in DODO tokens

Reach a minimum cumulative trading volume of $2,000 equivalent on any eligible trading pair(s)* on DODOX, excluding any cross-chain transaction(s)

$18,000 in DODO tokens

Reach a minimum cumulative trading volume of $5,000 equivalent on any eligible trading pair(s)* on DODOX, excluding any cross-chain transaction(s)

$27,000 in DODO tokens

* Note: 

List of eligible trading pairs on DODOX: BNB/USDT, DODO/USDT, ETH/USDC, WETH/USDC. 

Please note that only selected networks are supported on Binance Web3 Wallet. To ensure continued access to tokens, users should refer to the list of supported networks on Binance Web3 Wallet via [Wallets] > [Web3] > [More] > [Networks] before performing any on-chain transactions. More networks will be supported soon.

External wallets imported to Binance Web3 Wallet will not count toward the above mission requirements. Only backed-up wallets that are created in Binance Web3 Wallet may participate in the aforementioned missions. 

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The next Bitcoin halving is expected to take place in April 2024. It is difficult to predict the exact date as it depends on the block height. Since halving happens every 210,000 blocks, the next Bitcoin halving is expected to occur in April 2024 when the block height reaches 840,000.

BTC

$68,319.14

Halving Horizons

Binance marks the 2024 Bitcoin Halving with a crypto adventure featuring $500,000 in rewards. Embark on a series of activities designed to enrich your journey — from knowledge-enhancing challenges to competitive trading tournaments — and unlock rewards along the way!

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New Cryptocurrency Listing

Binance Options RFQ Will Launch XRPUSDT Options

Binance Options RFQ Will Launch XRPUSDT Options

2024-03-08 13:25



XRP/USDT

0.6294

+0.51%

This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
To expand the list of trading choices offered on Binance Options RFQ and enhance users’ trading experience, Binance will launch XRPUSDT Options on Binance Options RFQ on 2024-03-11 at 08:00 (UTC).  
Please note: 

XRPUSDT Options are European-style options contracts.

Please refer to Binance Options Contract Specifications for more details. 

There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.

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On a bullish streak, Bitcoin, may double in price to $138,000 soon, predicts Pomp Investments founder Anthony Pompliano. 
Breaking its previous all-time high of $69,000, Bitcoin briefly hit $69,210, now trading around $67,423. Pompliano notes historical trends, stating that after previous record highs, Bitcoin doubled in 18 days or less.

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On a bullish streak, Bitcoin, may double in price to $138,000 soon, predicts Pomp Investments founder Anthony Pompliano. 
Breaking its previous all-time high of $69,000, Bitcoin briefly hit $69,210, now trading around $67,423. Pompliano notes historical trends, stating that after previous record highs, Bitcoin doubled in 18 days or less.
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On Thursday, XRP advanced by 2.60%. After gaining 3.34% on Wednesday, XRP closed the session at $0.6280.
XRP tracked the broader market into positive territory. On Thursday, the total crypto market cap increased by 1.63% to $2,466 billion. Bets on an H1 2024 Fed rate cut fueled demand for riskier assets. The Nasdaq Composite Index rallied 1.51%, with gold (XAU/USD) continuing to climb higher.
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Good day Fellow Binicians.

Play the $1 game on Binance and stand a chance to win 500USDT.

Invite friends and sent red packet to friends to stand a chance to win a share in USDT.
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Fellow Binancians,
Effective from 2024-03-14 12:30 (UTC), Binance will merge the existing VIP Investor Programs for Simple Earn Locked Products and Dual Investment into one unified VIP Investor Program, and upgrade the program to include subscription amounts from Simple Earn Flexible Products and ETH Staking. 
This upgrade makes it more convenient for users holding assets in multiple Earn products to qualify for any of the VIP 1-4 levels and unlock more rewards as a Binance VIP. Users who meet the 30-day average earn subscription amount and daily average BNB holding requirements specified below will be automatically upgraded to the corresponding VIP tier between 01:00 (UTC) to 06:00 (UTC) of the following day, if the program qualifies them for a higher VIP level than their current standing. 
Upgraded VIP Investor Program Requirements:

VIP Level

30-Day Average Earn Subscription Amount (USDT Equivalent)

Minimum Daily Average BNB Balance

1

300,000

25

2

1,000,000

100

3

3,000,000

250

4

8,000,000

500

How Your 30-Day Average Earn Subscription Amount Is Calculated:

30-day average earn subscription amount = Sum of daily earn subscription amount in the past 30 days / 30 (days). 

Daily earn subscription amount = Sum of users’ total subscription amounts in Simple Earn Flexible and Locked Products, Dual Investment, and ETH Staking.

A snapshot of users’ 30-day average earn subscription amount and daily average BNB holdings is taken daily at 23:59:59 (UTC) using the real-time USDT exchange rate. 

Please note that Binance will consider WBETH holdings in the Earn wallet as users’ subscription amount in ETH Staking, and assets that are directly subscribed into Launchpads and/or Launchpools will not count toward the calculation of users’ 30-day average earn subscription amount.

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Fellow Binancians,
Binance is thrilled to introduce Futures NEXT, an all-new platform which allows users to earn rewards for accurately forecasting upcoming token listings on USDⓈ-M Futures without incurring any costs or risks. 
How Does Futures NEXT Work

Users may acquire "Picks" for 1 USDT each at the NEXT Pool, which can be used to predict upcoming listings on the Binance USDⓈ-M futures market. Each user may allocate up to 100 "Picks" for every potential listing. 

For every successful prediction, users will be eligible to receive USDT Futures Bonus Vouchers or USDT Trading Fee Rebate Vouchers based on the number of "Picks" they allocated for the prediction previously. A rewards multiplier will also be applied to the value of the voucher rewards that users will receive.

Users may also nominate new potential listings for the Futures NEXT platform with a Nomination Seed that is worth 2,000 USDT. Approved nominations will transform the Nomination Seed into "Picks", thereby broadening the scope of predictions.

As users can always withdraw their "Picks" and convert them back to USDT after a Lock-in Period, Futures NEXT is a risk-free platform for users to engage with the community, share their market insights, and earn rewards.

How to Get Started with Futures NEXT

Login to your Binance Futures account. If you don’t have a Binance Futures account yet, please sign up here. 

Proceed to make predictions at Futures NEXT by acquiring "Picks" or nominating a new token at the NEXT pool.

Get USDT Futures Bonus Voucher or USDT Trading Fee Rebate Voucher rewards for every successful prediction you make!

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