Bitcoin is currently priced around $101,000 to $101,300. It's had a little dip recently, losing a bit of its value in the last day. Think of it as taking a small breath after a big run. It was higher recently, around $112,000, but has come down to $100000 level. What's making it move? People selling to take profits: After a big jump in price, some people sell their Bitcoin to take out their money. This pushes the price down a little. Where might it go next? Support: There's a "floor" around $100,000 to $100,800. If it hits that, it might bounce back up. If it falls below that, it could go lower for a bit. mostly to $97000-$95000. Resistance: There's a "ceiling" around $106,000 to $109,000. If it breaks above that, it could go up quite a bit. Long-term: Many people believe Bitcoin will keep growing over the years, reaching even higher prices because more people and businesses are using it. In short: Bitcoin is taking a small break after a good climb. It has strong support from big investors, but also reacts to news. Keep an eye on those key price levels to see where it heads next. #ALWAYSDYOR #Write2Earn #BTC $BTC
Tether's USDT stablecoin is facing delisting from several cryptocurrency platforms in Europe due to the European Union's Markets in Crypto-Assets (MiCA) regulations. These regulations, which began to take effect on June 30, 2024, require stablecoin issuers to obtain electronic money authorization in at least one EU member state. Full enforcement for crypto asset service providers is scheduled for December 30, 2024.
Coinbase has announced plans to delist USDT and other non-compliant stablecoins from its European platforms starting December 13, 2024. This decision aligns with MiCA's requirements, as Tether has not yet secured the necessary authorization to offer USDT within Europe. Coinbase will continue to support compliant stablecoins like USD Coin (USDC) and EURC.
Other exchanges, including Bitstamp and OKX, have already limited access to Tether's stablecoins in anticipation of MiCA's full implementation. These actions are expected to impact the liquidity of USDT in the European market, potentially affecting its price and usage. However, they also create opportunities for compliant stablecoins to expand their market share in the region.
Tether's CEO, Paolo Ardoino, has criticized the "rushed actions" of some exchanges and expressed confidence in Tether's ability to navigate the changing regulatory landscape. Tether is reportedly finalizing its long-term plans for the European market to ensure compliance with MiCA and continue its operations in the region.
In summary, USDT is facing delisting from several crypto platforms in Europe due to non-compliance with upcoming EU regulations. Tether is working to address these regulatory challenges to maintain its presence in the European market.
#BTCNextMove #BTC $BTC #Write2Earn Over the past six years, Bitcoin's price on Christmas Day has experienced significant fluctuations, reflecting the cryptocurrency's volatility and the broader market dynamics. Here's a year-by-year breakdown:
2018: Bitcoin faced a steep decline during December 2018, dropping to a yearly low of $3,200. The market correction followed the end of the previous bull cycle, with weak investor sentiment and broader market sell-offs defining this period.
2019: By December 2019, Bitcoin attempted to rebound, trading near $7,200. However, the price remained far below its 2017 peak, signaling that the market had yet to regain significant momentum.
2020: In December 2020, Bitcoin surged to around $29,000 during the holiday season. Growing institutional adoption and rising interest in cryptocurrencies supported the rally, reflecting increased confidence in digital assets.
2021: December 2021 saw Bitcoin drop to $50,000 after hitting an all-time high of $68,789 the previous month. Analysts attributed the decline to the Federal Reserve’s tightening monetary policy and profit-taking, leading to a shift in investor sentiment.
2022: December 2022 presented another challenging period for Bitcoin. Following the collapse of FTX, one of the largest cryptocurrency exchanges, Bitcoin dropped to $15,477 in November. By Christmas, it stabilized at $16,537, recording a 64% drop compared to 2021.
2023: In December 2023, Bitcoin regained momentum, starting the year at $16,537 and climbing to a high of $44,697. During the holiday season, it traded steadily between $42,000 and $44,000, with slower interest rate hikes by the Federal Reserve contributing to this recovery.
These fluctuations highlight Bitcoin's sensitivity to macroeconomic factors, regulatory developments, and market sentiment during the holiday season.
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Pixel (PIXEL) Pixels (PIXEL) is a cryptocurrency on the Ronin Network associated with a social web3 game. Here's a breakdown:
Function: PIXEL is the utility token used within the Pixels game. Players can use PIXEL for in-game activities like minting NFTs and participating in guilds. -Price and Market Cap (as of March 28, 2024): -Price: $0.755698 (USD) -Market Cap: $582.67M USD -Trading: Listed on Binance with trading pairs like PIXEL/USDT and PIXEL/BNB. -You can find a guide on buying PIXEL on Binance here: Here -Staking: Binance offers PIXEL staking rewards.
Don't forget to tune in Binance Live With Pixel Today the 28 March 2024.
From Pennies to Millions: The Man Who Told You to Buy Bitcoin (and You Probably Didn't Listen)
In the wild west of cryptocurrency, few stories capture the essence of "what could have been" quite like the tale of Davinci Jeremie. Back in May 2013, when Bitcoin was a mere glimmer in the eyes of early adopters, Jeremie, a Youtuber from Chile, did something extraordinary. He told his viewers to buy Bitcoin, then trading at a measly $1.
Imagine someone telling you to invest in an unknown digital currency worth pennies - wouldn't you raise an eyebrow? But Jeremie wasn't just another voice in the crowd. He saw potential in Bitcoin's revolutionary technology and believed in its future. His message was simple: "Buy now, even if it's just a small amount. It's only $1!"
While some might have heeded his call, the majority likely dismissed it as another internet fad. Fast forward to today, and the picture is vastly different. Bitcoin has soared to dizzying heights, with a single unit now worth tens of thousands of dollars. For those who took Jeremie's advice, their $1 investments have turned into life-changing sums.
Jeremie's story serves as a powerful reminder: fortune often favors the bold. While hindsight is always 20/20, it highlights the importance of recognizing potential and taking calculated risks in emerging technologies. It's not about blindly following every whim, but about understanding trends, conducting research, and making informed decisions.
Jeremie's legacy isn't just about individual wealth creation. He helped spread awareness about Bitcoin at a crucial stage, contributing to its wider adoption and mainstream recognition. His story serves as a beacon of inspiration, urging us to think outside the box and embrace the possibilities that lie ahead in the ever-evolving world of technology.
So, the next time you encounter a new idea that seems "out there," remember Davinci Jeremie and his $1 Bitcoin advice. You never know, it might just be the next big thing waiting to be discovered. #Write2Earn #DavinciJeremie #btc
The $250 Million Pizza: One Man's Bitcoin Bite and its Legacy On May 22nd, 2010, Laszlo Hanyecz made history, not by achieving some grand feat, but by ordering two Papa John's pizzas. The remarkable part? He paid for them with 10,000 Bitcoins, then worth around $40. Today, that amount of Bitcoin is valued at over $250 million!
This "Bitcoin Pizza Day" is more than just a quirky anecdote. It serves as a stark reminder of the cryptocurrency's volatile journey and its potential for immense value appreciation. Hanyecz, a programmer and early Bitcoin adopter, simply wanted to showcase the currency's real-world usability. Little did he know, his pizza purchase would become a legendary story in the crypto world.
While some might criticize Hanyecz for "wasting" such a valuable asset, it's important to remember the context. In 2010, Bitcoin was in its infancy, with its future uncertain. Who could have predicted its astronomical rise?
Instead of dwelling on what-ifs, we should celebrate Hanyecz's pioneering spirit. His pizza purchase not only demonstrated Bitcoin's potential but also fueled its early adoption, paving the way for its current success.
Today, stories like Hanyecz's remind us that the future of technology is often unpredictable. Embracing innovation and taking calculated risks, like Hanyecz did, can sometimes lead to groundbreaking results. The next "Bitcoin Pizza Day" might not involve pizzas, but it could very well involve some other seemingly ordinary purchase that sparks a revolution.
So, the next time you consider using a new technology, remember Laszlo Hanyecz and his $250 million pizza. You never know what small action might have a significant impact on the future. #Write2Earn #TrendingTopic #BTC #Pizza
ICE_ token airdrop distribution in OKX exchange has concluded, there are news of upcoming 3rd distribution so don't miss the chance for this airdrop.
Download the app from play store and start mining , maybe there's a chance of listing ICE in Binance in the future.
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What is Bitcoin Halving? and it's impact on cryptocurrencies?
A Bitcoin halving is a programmed event that occurs roughly every four years, where the block reward for miners mining new bitcoins is cut in half. This means that fewer new bitcoins are released into circulation, which can theoretically impact the price of Bitcoin and other cryptocurrencies.
•Here's a breakdown of the key points:
What happens during a halving?
-The block reward, which is currently 6.25 bitcoins, is reduced by 50%. -This happens roughly every 210,000 blocks mined, which translates to approximately every four years. -The total supply of Bitcoin is capped at 21 million, and halvings ensure this limit is reached gradually. *Potential effects on Bitcoin:
•Decreased supply: With fewer new coins entering circulation, the supply of Bitcoin becomes more scarce. Scarcity can theoretically drive up the price due to increased demand. •Increased mining difficulty: As fewer rewards are available, miners compete more intensely for them, leading to increased difficulty in mining new blocks. This can lead to higher transaction fees. •Psychological impact: Halvings are highly anticipated events in the crypto community and can generate excitement and optimism, potentially influencing investor behavior and price movements. #Write2Earn #BTChalfing #Btc #crypto
SAFU Your Crypto: A Guide to Spotting Scammers and Staying Safe in the Wild West of Blockchain (Part I) :
The vast, exciting frontier of cryptocurrency promises freedom, opportunity, and maybe even mooning profits. But amidst the gold rush, lurking in the shadows, are cunning coyotes waiting to fleece the unsuspecting. To navigate this landscape safely, savvy investors need to sharpen their senses and learn to differentiate the genuine pioneers from the deceitful swindlers.
Scammer Sightings: Unveiling the Red Flags
Scammers come in all shapes and sizes, but they often employ similar tactics. Keep an eye out for these red flags:
Excessive Promises: Be wary of guaranteed returns, too-good-to-be-true investment opportunities, or claims of getting rich quick. Remember, sustainable investments rarely promise overnight riches.
Urgency and Scarcity: Scammers leverage FOMO (fear of missing out) by creating a sense of urgency with limited-time offers or exclusive access. Take a step back and analyze the situation rationally before making any hasty decisions.
Fake Endorsements: Beware of fake celebrity endorsements or social media bots praising a project. Research the source of any positive reviews and don't rely solely on online hype.
Unrealistic Technologies: If a project boasts revolutionary technologies with vague explanations or impossible claims, approach it with caution. Do your research and understand the underlying technology before trusting the hype.
Pressured Communication: Scammers often try to isolate and pressure you into quick decisions. Be wary of aggressive communication or attempts to bypass normal payment channels. #Write2Earn #SAFU
The Rise of Play-to-Earn: Gamified Crypto with Real-World Rewards (Part I):
In the ever-evolving world of cryptocurrency, a new trend is capturing hearts and wallets: Play-to-Earn (P2E) gaming. Forget pixelated adventures with no tangible value; P2E throws open the doors to a virtual playground where gameplay translates to real-world earnings. But is it all fun and games, or are there hidden pitfalls lurking in the shadows?
Level Up, Earn Bucks:
P2E games incentivize players with cryptocurrency or NFTs (non-fungible tokens) for completing tasks, achieving objectives, and engaging with the in-game ecosystem. Imagine slaying monsters in a fantasy realm and earning tokens that you can later exchange for real-world currency. Sounds fantastical, right? But within the bustling P2E scene, this is becoming a reality for many.
Axie Infinity, a monster-battling game on the Ethereum blockchain, stands as a shining example. Players raise, breed, and battle Axies, adorable monster creatures represented as NFTs. These Axies can be immensely valuable, with some selling for millions of dollars. The game's native token, Axie Infinity Shards (AXS), also boasts impressive earning potential.
Beyond Fun and Games:
The appeal of P2E extends far beyond just earning a few bucks. P2E games offer innovative ownership models, where players truly own their in-game assets. This fosters a sense of community and investment, transforming players from passive consumers to active participants in the game's economy.
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My Binance Futures Grand Tournament journey began with a flurry of star-collecting tasks, eagerly anticipating the rewards that awaited me. The tournament's allure extended beyond mere prizes; it presented an opportunity to venture into the uncharted territory of copy trading, testing my risk management skills and expanding my trading horizons.
As I delved into the world of copy trading, I found myself mirroring the strategies of seasoned traders, observing their calculated moves and learning from their expertise. The process opened my eyes to the intricacies of risk management, emphasizing the importance of calculated decisions and strategic positioning in the volatile futures market.
The tournament proved to be a transformative experience, not only in terms of my trading skills but also in my understanding of the market's delicate balance between risk and reward. I emerged from the competition with a newfound confidence, a sharpened risk management toolkit, and an unwavering respect for the ever-evolving world of futures trading.
$BTC #BTC Bitcoin, the revolutionary digital currency, undergoes a unique event known as halving, which plays a crucial role in determining its value. Halving, as the name suggests, involves halving the block reward given to miners for verifying and processing transactions on the Bitcoin network. This event occurs approximately every four years and has a significant impact on Bitcoin's supply and demand dynamics, ultimately influencing its price.
The rationale behind Bitcoin halving lies in maintaining scarcity, a fundamental principle of economics that often drives value. By reducing the supply of newly minted bitcoins, halving helps to prevent oversaturation and maintain a balance between supply and demand. This scarcity, in turn, contributes to Bitcoin's perceived value as a store of value, similar to precious metals like gold.
The impact of Bitcoin halving on its price has been evident throughout its history. Each halving event has been followed by a period of increased demand and a subsequent rise in Bitcoin's price. This trend suggests that halving plays a significant role in shaping Bitcoin's long-term value trajectory.
The next Bitcoin halving is expected to occur in 2024, and anticipation is already building around its potential impact. While predicting the exact price response is challenging, many analysts believe that the reduced supply could lead to a significant increase in Bitcoin's value.
Bitcoin halving serves as a reminder of the underlying economic principles that govern its value. By maintaining scarcity and ensuring a controlled supply, Bitcoin's creators have implemented a mechanism that could contribute to its long-term success. As Bitcoin continues to evolve and gain wider adoption, halving is likely to remain a crucial event shaping its value and its position in the global financial landscape.
#BinanceTreats one of the most best costumes for Halloween for sure is #Scarecrow dress up, I like this character in movies as it is full of fear and ambiguity, I would dress up like this in Halloween cause it's the best for Halloween nights, I watched a lot of movies of this character and I still want to watch (; .