🚀 Bitcoin has rocketed past 109k, smashing ATHs! Where's it going next? Drop your prediction for this week's $BTC closing price in the comments of this post 👇 🎁The top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now! *Campaign Period: 2025-01-20 07:30 to 2025-01-26 20:00 (UTC) ‼️Ensure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry. Terms and Conditions: This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod. Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-26 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at 2025-01-26 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of same predictions by multiple users, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 14 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant. Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelinesor Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.
JOB VACANCIES IN THE US LABOR MARKET: THE TREND CONTINUED ITS UPWARD REVERSE
The number of open job openings in the US in November increased by +259K to 8.098 million vs. 7.839 million and 7.372 million a month earlier. The figures were again significantly higher than preliminary estimates, which predicted growth to 7.730 million. The number of job openings describes the dynamics of supply and demand in the labor market, a key factor influencing wages and inflation. The survey collects information from approximately 16,400 non-farm businesses, including traders and manufacturers, as well as federal, state, and local government agencies in all 50 states and the District of Columbia.
Over the month, the number of vacancies increased in private business (+273K), finance and insurance (+105K), but decreased in IT (-89K)
The decline from the highs of winter 2022 (11.855 million) has stalled for a moment. Let us recall that in “pre-Covid times” the level of open positions on the market was approximately 7-7.5 million.
The statistics will further clarify the situation on Friday, Non-Farm Payrolls are expected at +154K, Private: +130K.
The average "breakeven" price for short-term BTC holders is in the range of $90,000 - $86,000 — data from CryptoQuant
"For a true market cleansing, so it can resume growth, it is preferable to bring the price below these levels, and even better - sharply much lower than these levels, in order to margin call all short-term holders well" — experts from Bogdanoff Market Research
🤯🤯 The decentralized lending market is breaking records
The decentralized lending market is breaking records: the total volume of active loans has exceeded $20 billion, surpassing the previous peak set in December 2021. Data from the Token Terminal platform, provided by PANews, indicates unprecedented growth in this sector.
Recently, while reading the news feed on Binance, I see many questions about how to properly select coins for investment. Having read many articles, I highlighted the main factors.
📌 Main: Before investing in cryptocurrency, it is important to choose the right coin and earning strategy. Both long-term and short-term investments can be risky due to the high volatility of the market.
In 3 months (altseason), the growth of XMR was +30% considering that the coin is ranked 50th by market capitalization. 😬 Patience, my friend, and wipe your tears.
Elchin Teymurov
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$XRP He has a capital of 138 million, but he is stagnant in his position. They hold your money and earn for themselves. All cryptocurrencies have risen, but this one is just stagnating. Most likely, it will not grow. And those who say that it will rise sharply are all lying.
Thoughts about #Kaspa : This cryptocurrency has shown the worst performance (alt season) over the last three months (a decline of 9%), lagging behind other altcoins.
Mining is extremely unprofitable due to the constant emergence of new, more powerful miners (hashrate 1.4 EH/s), which sharply increases the difficulty of mining. As a result, equipment that cost 3,000 $ six months ago is now selling for just $500.
It is possible that this year we will still see the price per coin in the range of $0.2-0.25.
What do you think about the growth or decline? #kaspacurrency
On Binance, you can earn additional income from your cryptocurrency by using "Flexible Savings" or "Staking". Initially, the earnings will be modest, but over time they will grow if you invest in different cryptocurrencies or lend them. It's important to remember: don't put all your eggs in one basket.