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'Bitcoin Growing Stronger Michael Saylor Stuns With BTC Statement
In a poetic tweet, Strategy Chairman Michael Saylor compared Bitcoin to an "Orange Dwarf," drawing the crypto community's attention. Saylor put it this way: "Bitcoin is an Orange Dwarf—the brightest object in the financial system—growing stronger, hotter, and denser as it attracts capital."
The analogy sparked considerable interest, with Saylor likening Bitcoin's steady and relentless growth to that of an orange dwarf star. Orange dwarfs, known for their longevity and rising intensity over time, represent stability and strength, similar to Bitcoin's position in the financial system. In another tweet, Saylor compares Bitcoin to a digital energy network.

Saylor's declaration hints at Bitcoin's unique position in the financial ecosystem — constantly growing stronger and more influential as capital flows into the network.

MicroStrategy has championed this course since August 2020, when it first started to buy Bitcoin, and now owns 499,096 BTC, making it the largest corporate holder of Bitcoin globally. Under Saylor's auspices, the former software company has become the largest issuer of convertible bonds in recent years, raising about $9 billion.

On Friday, BMAX, a convertible-bond exchange-traded fund focusing on companies with Bitcoin on their balance sheets, such as Saylor's newly rebranded Strategy, was launched. Bitwise recently introduced a fund that tracks an index of corporations that hold Bitcoin as a corporate treasury asset — Strategy accounts for about a quarter of it.

Bitcoin eyes volatility with Fed meeting ahead
At press time, BTC was down 1.14% in the last 24 hours to $83,263 as investors weighed macroeconomic risks and the upcoming Fed meeting this week.

The Fed will convene on Wednesday to offer investors an update on inflation. The Fed's upcoming FOMC meeting is scheduled for March 18-19, and market observers are interested in how Fed Chair Powell addresses trade policy, fiscal policy changes and, most importantly, its quantitative tightening (QT) program, which is expected to be paused or stopped.

While recent economic data has been more encouraging, investors expect the Federal Reserve, which strives for a 2% inflation rate, to remain on hold when it closes its two-day meeting on Wednesday. Traders are pricing in 0.75 percentage points of interest rate cuts by the end of the year, starting in June.
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SaleemAmeer
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Expert Says Holding Just 1,000 XRP Could Be the Best Financial Decision of Your Lifetime
XRP community figure Edo Farina recently suggested that holding a few XRP tokens could lead to financial freedom.

In a post on X, Farina argued that holding just 1,000 XRP tokens might be one of the best financial decisions one could make in their lifetime.

“Holding just 1,000 XRP might be the best financial decision of your lifetime,” he wrote. As of now, XRP is trading at $2.33 per token, giving those holding 1,000 XRP a total value of $2,400. However, Farina’s message carries a deeper meaning.

Why Holding 1,000 XRP Is Seen as Crucial for Financial Freedom
Farina suggests that crypto investors holding 1,000 XRP or more are in a better position to achieve financial success as the price of XRP increases.

For example, if XRP reaches $100 per token, 1,000 tokens would be worth $100,000. This amount could serve as a substantial sum for retirement for some, especially when compared to someone holding just 100 XRP tokens.

In several posts, Farina has emphasized the need for XRP holders to avoid holding fewer than 1,000 XRP tokens in their portfolios. Just last week, he tweeted that those holding fewer than 1,000 XRP should focus on increasing their income streams in order to consolidate their holdings to the 1,000-token mark, which he views as a minimum requirement.

Notably, Farina is known as one of the most ambitious XRP enthusiasts. He has been vocal about his belief that XRP could someday reach a price of $10,000 per token. He has provided arguments for why he believes this price is inevitable in the future.

In this scenario, wallets holding 1,000 XRP could potentially be worth $10 million—an amount sufficient for many people to retire. While this is speculative, it forms part of the reasoning behind Farina’s continued push for holders to keep at least 1,000 XRP tokens.

Don’t Sell XRP Too Early, Even at $20
Given this outlook, Farina has warned that selling XRP at $10 or $20 could lead to financial regrets. He compares such actions to selling Bitcoin at $500 years ago and missing out on the wealth that could have been accrued from Bitcoin’s current price, which is above $90,000.

However, other market commentators disagree with this proposition. Some view the $10,000 price target as overly optimistic, while others believe that $20 per XRP would be a reasonable point to take profits.
$XRP
#xrp
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coo
SaleemAmeer
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Binance Founder Changpeng
Zhao (CZ) Made Symbolic
Purchases of Two Memecoins
Today

Former Binance CEO Changpeng Zhao (CZ), who still has a lot of influence in the cryptocurrency world, made a symbolic purchase of two altcoins, according to onchain data.

According to Lookonchain data, CZ purchased one BNB each of two memecoins, Mubarak and Test (TST), via a decentralized exchange (DEX).

CZ has been posting a lot of posts recently promoting the development of memecoins on the Binance Smart Chain (BSC) network, and the recent purchases are likely made with this in mind. The memecoin called Mubarak was recently launched and has climbed to a significant level of $66 million in market value. The token’s price has increased by 69% in the last 24 hours.

The Binance founder has recently become particularly interested in decentralized cryptocurrency exchanges. CZ, who admits that his knowledge on the subject is low, makes his purchases through the Four platform on the BSC network.

With these purchases, many users are sending their own tokens and especially memecoins to CZ's emerging cryptocurrency wallet addresses for free. The Binance founder announced that he would burn or donate these tokens.

*This is not investment advice.

#ChangpengZhao
#BinanceCEO
#Binance
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Cool 😎
SaleemAmeer
--
Binance Founder Changpeng
Zhao (CZ) Made Symbolic
Purchases of Two Memecoins
Today

Former Binance CEO Changpeng Zhao (CZ), who still has a lot of influence in the cryptocurrency world, made a symbolic purchase of two altcoins, according to onchain data.

According to Lookonchain data, CZ purchased one BNB each of two memecoins, Mubarak and Test (TST), via a decentralized exchange (DEX).

CZ has been posting a lot of posts recently promoting the development of memecoins on the Binance Smart Chain (BSC) network, and the recent purchases are likely made with this in mind. The memecoin called Mubarak was recently launched and has climbed to a significant level of $66 million in market value. The token’s price has increased by 69% in the last 24 hours.

The Binance founder has recently become particularly interested in decentralized cryptocurrency exchanges. CZ, who admits that his knowledge on the subject is low, makes his purchases through the Four platform on the BSC network.

With these purchases, many users are sending their own tokens and especially memecoins to CZ's emerging cryptocurrency wallet addresses for free. The Binance founder announced that he would burn or donate these tokens.

*This is not investment advice.

#ChangpengZhao
#BinanceCEO
#Binance
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Averse massage
SaleemAmeer
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SlowMist Uncovers Sneaky Linkedln Phishing Scam Draining Crypto Wallets
A new phishing scam, disguised as a LinkedIn job offer, is rapidly targeting blockchain engineers. This phishing scam is unmasked by SlowMist, a firm for blockchain security and threat intelligence. The latest case is witnessed by Bruno Skvorc from his official X account. This case underscores the threat lying behind a legitimate recruitment message.

The attackers disguised themselves in the form of blockchain-based gaming, that is, the Socifi game, and staking platform. They have lured victims, offering them high-paying job opportunities. The recruiting process seemed professional, turning sinister after the scammer provided a malicious code, a Bitbucket repository.

SlowMist Recognizes Malware in Phishing Scam
The SlowMist researchers have closely examined the code and searched encoded malware in the provided server. This malware was constructed in a way to rob sensitive and important user data. After running the unsuspecting developer’s code, it appeared to connect with malicious command-and-control (C2) servers. It contains some hidden scripts, aiming to steal sensitive details from the system and SSH keys.

These scripts are also designed in the way to extract the stored credentials in macOS keychains extension data from the browser. Interestingly, the malware was designed to bypass security observing tools such as Little Snitch. Through this, the attackers remained undetected while robbing sensitive and valuable crypto assets.

SlowMist to Provide Guidelines to Stay Secure from Recruitment Scams
SlowMist provides significant advice to both individuals and enterprises for lowering the threats. The platform gives a useful piece of advice to stay cautious while getting job offers, having downloaded external code.

With the help of official channels, the users should verify the recruiters. They should further examine shared repositories before going ahead, staying away from executing scripts without investigation. On the other hand, companies must execute phishing simulations while observing code repositories.

The firms should also leverage advanced security solutions, restraining credential theft and financial losses. With the continuous LinkedIn phishing schemes growing rapidly, SlowMist advises users to stay vigilant to protect their sensitive data from cybercriminals. The platform recommended the community protect their sensitive data from hackers leveraging advanced safety tools.
#scamriskwarning
#crypto
#CryptoWallet
Amazing
Amazing
SaleemAmeer
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Bank of Russia to Allow Select
Investors to Trade Crypto

Russia’s central bank, along with the directive of the nation’s president, Vladimir Putin, has submitted proposals to the government to allow a limited group of local investors to buy and sell cryptocurrencies.

According to the announcement, the initiative could first be in a three-year experimental regime.

The banking institution’s idea is to enable crypto trading for only those Russian investors who have at least 100 million rubles (or $1.1 million) in securities and deposits or whose annual income in the previous year exceeded 50 million rubles (approximately $570,000).

The proposal allows entities categorized as qualified investors under current legislation to participate in the experiment.

The Bank of Russia also aims to establish certain regulatory requirements for financial organizations willing to adopt cryptocurrency.

The introduction of this regime could increase market transparency, offer more opportunities for experienced investors who are open to taking on higher risks, and establish clear standards.

In the past, Russia’s central bank has repeatedly warned that cryptocurrencies are not issued or guaranteed by any jurisdiction and are notorious for their enhanced volatility. As such, investors should be aware that entering the ecosystem might result in crucial losses.

The banking institution still does not recognize the asset class as a means of payment. That said, it proposed banning transactions between residents involving cryptocurrencies outside the experimental regime and enforcing penalties for violating this rule.

On the other hand, multiple reports have emerged since Russia’s ‘special military operation’ against Ukraine that started over three years ago that local firms, as well as the government, are using crypto to bypass Western sanctions.

#RussiaCrypto
#CryptoNewss
#crypto
really
really
SaleemAmeer
--
Bank of Russia to Allow Select
Investors to Trade Crypto

Russia’s central bank, along with the directive of the nation’s president, Vladimir Putin, has submitted proposals to the government to allow a limited group of local investors to buy and sell cryptocurrencies.

According to the announcement, the initiative could first be in a three-year experimental regime.

The banking institution’s idea is to enable crypto trading for only those Russian investors who have at least 100 million rubles (or $1.1 million) in securities and deposits or whose annual income in the previous year exceeded 50 million rubles (approximately $570,000).

The proposal allows entities categorized as qualified investors under current legislation to participate in the experiment.

The Bank of Russia also aims to establish certain regulatory requirements for financial organizations willing to adopt cryptocurrency.

The introduction of this regime could increase market transparency, offer more opportunities for experienced investors who are open to taking on higher risks, and establish clear standards.

In the past, Russia’s central bank has repeatedly warned that cryptocurrencies are not issued or guaranteed by any jurisdiction and are notorious for their enhanced volatility. As such, investors should be aware that entering the ecosystem might result in crucial losses.

The banking institution still does not recognize the asset class as a means of payment. That said, it proposed banning transactions between residents involving cryptocurrencies outside the experimental regime and enforcing penalties for violating this rule.

On the other hand, multiple reports have emerged since Russia’s ‘special military operation’ against Ukraine that started over three years ago that local firms, as well as the government, are using crypto to bypass Western sanctions.

#RussiaCrypto
#CryptoNewss
#crypto
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