Yoyokabeer
Open Trade
High-Frequency Trader
2.6 Years
224 Following
30 Followers
42 Liked
4 Shared
Posts
Quotes
PINNED
#BTCBackto100K The $BTC Bitcoin market is ablaze, with the cryptocurrency surging to $102,741.21 and boasting a 4.83% gain. The 24-hour high of $104,145.76 has brought the $105,000 resistance level within reach, a zone where many short positions were previously liquidated. Predicting the top is impossible, but market behavior can provide valuable insights. A pullback at this level could be an opportunity to exit long positions and prepare for potential short entries. After such a strong rise, a retracement is likely, and bears are likely regrouping to counterattack. Bulls must remain vigilant, avoiding greed-driven decisions. The market's volatility demands caution, and traders should be prepared for sudden swings
PINNED
#CryptoComeback Agar XRP breakout ke liye tayyar hai, to yeh kuch cheezen dekhi ja sakti hain:
1. Volume spike – Kya XRP ka trading volume achanak se bada hai?
2. Technical breakout – Kya XRP kisi resistance level ko tod raha hai (jaise $0.60 ya $0.75)?
📈 XRP Price Update (May 8, 2025)
Aaj XRP ki price $2.22 USD hai, jo ke 4.23% ka intraday izafa hai. Price range $2.11 se $2.22 ke darmiyan rahi, jo ke bullish momentum ka ishara hai.
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🏦 FED Ka Faisla: Rates Barqarar, Magar Tensions Barh Rahi Hain
May 7, 2025 ko, Federal Reserve ne apni policy interest rate ko 4.25%–4.50% par barqarar rakha — ye teesri martaba hai jab rates mein koi tabdeeli nahi ki gayi. Ye faisla President Trump ke naye tariffs ke baad ki economic uncertainty ke madde nazar liya gaya.
FED Chair Jerome Powell ne $BTC stagflation — yani mehngai ke sath sath economic slowdown — ke khatrey ka izhar kiya. Is waqt inflation 2.4% par hai, jabke GDP Q1 mein 0.3% se contract hui hai.
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1. Volume spike – Kya XRP ka trading volume achanak se bada hai?
2. Technical breakout – Kya XRP kisi resistance level ko tod raha hai (jaise $0.60 ya $0.75)?
📈 XRP Price Update (May 8, 2025)
Aaj XRP ki price $2.22 USD hai, jo ke 4.23% ka intraday izafa hai. Price range $2.11 se $2.22 ke darmiyan rahi, jo ke bullish momentum ka ishara hai.
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🏦 FED Ka Faisla: Rates Barqarar, Magar Tensions Barh Rahi Hain
May 7, 2025 ko, Federal Reserve ne apni policy interest rate ko 4.25%–4.50% par barqarar rakha — ye teesri martaba hai jab rates mein koi tabdeeli nahi ki gayi. Ye faisla President Trump ke naye tariffs ke baad ki economic uncertainty ke madde nazar liya gaya.
FED Chair Jerome Powell ne $BTC stagflation — yani mehngai ke sath sath economic slowdown — ke khatrey ka izhar kiya. Is waqt inflation 2.4% par hai, jabke GDP Q1 mein 0.3% se contract hui hai.
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$ADA ADA Here's a post with the coin pair $ADA :
"Market watch: $ADA looking promising against major pairs! What's your analysis of its current trend? Share your insights! $ADA "
"Market watch: $ADA looking promising against major pairs! What's your analysis of its current trend? Share your insights! $ADA "
#CardanoDebate Solana (SOL) is often praised for its blazing-fast transaction speeds and low fees, making it a strong competitor in the smart contract space. Unlike Cardano’s more academic and methodical approach, Solana focuses on speed and scalability, which has attracted many developers and projects to its ecosystem. However, critics argue that Solana sacrifices decentralization for performance, given its network outages and fewer validators. Still, its growing popularity in NFTs and DeFi shows strong potential. Comparing Solana to Cardano sparks interesting debate—speed versus security, innovation versus research. Both aim to lead Web3, but with very different philosophies and paths to success.$SOL
#IsraelIranConflict Market updates and Fear
After Israel attacked Iran, market took a major hit and crashed. Israel defense minister also said that strikes will continue for few more days which can impact market more but if we look into technicals. Market is showing other picture.
How? Lest discuss
Prior to this attack market was over bought and needed a correction to cool down its strength and form a swing low which is currently formed and strength is also cooled down.
Current market conditions on technicals are in favor of relief as strength dropped to its lowest range, bollinger band volatility reached maximum and price action id also extended.
So on technicals market is good to buy 📈
Here is my plan, i have already opened a ETH future position from 2510 which is a swing DCA setup.
So traders can also consider current market price for swing DCA setup with 10% of there capital.
We will plan DCA on this setup as market move.
For spot holding, SOL is at its base price 142 which can be considered to buy SOL in spot.
After Israel attacked Iran, market took a major hit and crashed. Israel defense minister also said that strikes will continue for few more days which can impact market more but if we look into technicals. Market is showing other picture.
How? Lest discuss
Prior to this attack market was over bought and needed a correction to cool down its strength and form a swing low which is currently formed and strength is also cooled down.
Current market conditions on technicals are in favor of relief as strength dropped to its lowest range, bollinger band volatility reached maximum and price action id also extended.
So on technicals market is good to buy 📈
Here is my plan, i have already opened a ETH future position from 2510 which is a swing DCA setup.
So traders can also consider current market price for swing DCA setup with 10% of there capital.
We will plan DCA on this setup as market move.
For spot holding, SOL is at its base price 142 which can be considered to buy SOL in spot.
$BTC Ten Questions about Perpetual Contract Leverage: Is 100 Times Really the Optimal Solution?
In the cryptocurrency market, perpetual contracts are popular for their 'never expiring' feature. But how should one choose between 1 to 125 times leverage? This directly relates to the safety of the principal!
1. Perpetual Contracts: Coexisting Gains and Risks
Perpetual contracts are futures with no expiration date, allowing for unlimited positions. High leverage can magnify profits but also hides the risk of liquidation - behind the tempting profits of 100 times leverage is often the trap of total loss.
2. Three Major Cognitive Biases: Have You Fallen for Them?
Bias 1: The Higher the Leverage, the More You Earn
With 100 times leverage, a 1% fluctuation in Bitcoin equals a 100% gain or loss in your account; while 1 times leverage only fluctuates by 1%. High leverage may seem to offer huge profits, but the risk increases exponentially; a single day's 5% fluctuation can wipe out 100 times leverage instantly.
Bias 2: Low Leverage Must Lose Fees
Some people complain about the high margin of 1 times leverage and slow profits, but it can withstand larger fluctuations and avoid short-term liquidation. In the long run, frequent liquidations are the root of losses, not fees.
In the cryptocurrency market, perpetual contracts are popular for their 'never expiring' feature. But how should one choose between 1 to 125 times leverage? This directly relates to the safety of the principal!
1. Perpetual Contracts: Coexisting Gains and Risks
Perpetual contracts are futures with no expiration date, allowing for unlimited positions. High leverage can magnify profits but also hides the risk of liquidation - behind the tempting profits of 100 times leverage is often the trap of total loss.
2. Three Major Cognitive Biases: Have You Fallen for Them?
Bias 1: The Higher the Leverage, the More You Earn
With 100 times leverage, a 1% fluctuation in Bitcoin equals a 100% gain or loss in your account; while 1 times leverage only fluctuates by 1%. High leverage may seem to offer huge profits, but the risk increases exponentially; a single day's 5% fluctuation can wipe out 100 times leverage instantly.
Bias 2: Low Leverage Must Lose Fees
Some people complain about the high margin of 1 times leverage and slow profits, but it can withstand larger fluctuations and avoid short-term liquidation. In the long run, frequent liquidations are the root of losses, not fees.
#TrumpTariffs BREAKING 🚨
The threat Trump just made to Nike is a $7 BILLION tariff.
He offered them a choice: Shift production to America or pay the cost.
When they were silent, Trump had to do what he needed to do.
Here's how Trump just crumbled a $96 B empire
And then what’s going to happen? #TrumpTariffs
The threat Trump just made to Nike is a $7 BILLION tariff.
He offered them a choice: Shift production to America or pay the cost.
When they were silent, Trump had to do what he needed to do.
Here's how Trump just crumbled a $96 B empire
And then what’s going to happen? #TrumpTariffs
$ETH Trend Analysis
The overall trend of Ether is relatively clear, having gone through a month of broad consolidation. It is currently attempting to move away from the center, but the momentum has begun to weaken. From the perspective of the Chen theory, the strength of this upward movement is insufficient, and a pullback to the center for oscillation is expected. We will continue to view it from an oscillation perspective, which still presents a state of tug-of-war between bulls and bears.
Currently, Bitcoin, US stocks, and the ETH/BTC exchange rate are all at high levels. If the E sentinel withdraws support, there will be significant downward space here. Assuming a reversal occurs here, the most favorable path for the bears is shown in the chart, first dropping to 2400, then bouncing back to 2500, and subsequently heading straight for 2000.
Returning to the short term, we are at a high point on the 4-hour level, so we will switch to the 30m level to choose an entry point. If a small degree top structure can form, such as an M-top, and the box breaks down with no recovery, then entering with the trend has more controllable risks.
The overall trend of Ether is relatively clear, having gone through a month of broad consolidation. It is currently attempting to move away from the center, but the momentum has begun to weaken. From the perspective of the Chen theory, the strength of this upward movement is insufficient, and a pullback to the center for oscillation is expected. We will continue to view it from an oscillation perspective, which still presents a state of tug-of-war between bulls and bears.
Currently, Bitcoin, US stocks, and the ETH/BTC exchange rate are all at high levels. If the E sentinel withdraws support, there will be significant downward space here. Assuming a reversal occurs here, the most favorable path for the bears is shown in the chart, first dropping to 2400, then bouncing back to 2500, and subsequently heading straight for 2000.
Returning to the short term, we are at a high point on the 4-hour level, so we will switch to the 30m level to choose an entry point. If a small degree top structure can form, such as an M-top, and the box breaks down with no recovery, then entering with the trend has more controllable risks.
#CryptoRoundTableRemarks The true value of any crypto is what people are willing to pay for it in the market — not what is written on paper."
Until the PI Network is fully launched on major exchanges,
$314k is just a psychological value.
But remember —
Stranger things have happened in crypto before.
🤯 Why are people still holding PI?
They believe in future scarcity.
They are betting on a Supply Shock.
Many people can't sell yet because trading is not active globally.
💬 CryptoAsmit's opinion:
"If the price of $PI reaches $100, the early miners could become millionaires overnight."
But if it stays at $1 or less,
it will just become another lesson —
The lesson of "Hope vs. Reality."
📌 **This is not financial advice — just a reminder of reality:
"Keep hope separate from reality!"
🚀 What should you do now?
✅ Keep an eye on official announcements from the PI Network.
✅ Be cautious of scams claiming $314k.
✅ Wait for official exchange listings.
✅ Don’t sell your dream — but also don’t buy into others' deception.
💥 What do you think?
Will $PI ever reach $314,159?
Write your wildest price prediction below 👇
and tag a friend who is mining PI, without knowing what will happen next!
Until the PI Network is fully launched on major exchanges,
$314k is just a psychological value.
But remember —
Stranger things have happened in crypto before.
🤯 Why are people still holding PI?
They believe in future scarcity.
They are betting on a Supply Shock.
Many people can't sell yet because trading is not active globally.
💬 CryptoAsmit's opinion:
"If the price of $PI reaches $100, the early miners could become millionaires overnight."
But if it stays at $1 or less,
it will just become another lesson —
The lesson of "Hope vs. Reality."
📌 **This is not financial advice — just a reminder of reality:
"Keep hope separate from reality!"
🚀 What should you do now?
✅ Keep an eye on official announcements from the PI Network.
✅ Be cautious of scams claiming $314k.
✅ Wait for official exchange listings.
✅ Don’t sell your dream — but also don’t buy into others' deception.
💥 What do you think?
Will $PI ever reach $314,159?
Write your wildest price prediction below 👇
and tag a friend who is mining PI, without knowing what will happen next!
#NasdaqETFUpdate The Nasdaq 100 index tracks the 100 largest stocks listed on the Nasdaq stock exchange. The selected companies are mainly from sectors such as hardware and software, telecommunications, retail and biotechnology – including all the major US technology companies. In contrast, companies from the energy, finance and real estate sectors are not included in the Nasdaq 100 at all.
In the USA, the popular QQQ ETF, which tracks the Nasdaq 100, has been available since 1999. It is managed by Invesco. The European counterpart of this ETF uses the ticker symbol eQQQ. In contrast to the US market, however, there are several ETF providers in Europe that track the Nasdaq 100 – so it is worth comparing.
In the USA, the popular QQQ ETF, which tracks the Nasdaq 100, has been available since 1999. It is managed by Invesco. The European counterpart of this ETF uses the ticker symbol eQQQ. In contrast to the US market, however, there are several ETF providers in Europe that track the Nasdaq 100 – so it is worth comparing.
#MarketRebound #MarketRebound
BTC has surged past $109K, ETH is trading above $2.7K, and BNB is up more than 4% from this week's low — signaling a strong rebound across major tokens.
💬 How are you positioning in this market? Do you see this as the start of a sustained move, or just a temporary spike?
#NasdaqETFUpdate
Nasdaq has proposed expanding its crypto benchmark index to include $XRP, $SOL, $ADA, and $XLM — potentially allowing the Hashdex ETF to gain broader exposure. The SEC deadline is expected on Nov 2, 2025.
💬 Could this increase altcoin visibility and access for traditional investors? How does this impact your portfolio strategy?
👉 Create a post using #MarketRebound , #NasdaqETFUpdate , the $ETH cashtag, or share your trader’s profile to earn Binance points. Alternatively, share your trades and earn 5 points! (Tap the “+” on the App homepage and click on Task Center)
Activity period: 2025-06-10 06:00 (UTC) to 2025-06-11 06:00 (UTC)
Point rewards are first-come, first-served, so be sure to claim your points daily!
BTC has surged past $109K, ETH is trading above $2.7K, and BNB is up more than 4% from this week's low — signaling a strong rebound across major tokens.
💬 How are you positioning in this market? Do you see this as the start of a sustained move, or just a temporary spike?
#NasdaqETFUpdate
Nasdaq has proposed expanding its crypto benchmark index to include $XRP, $SOL, $ADA, and $XLM — potentially allowing the Hashdex ETF to gain broader exposure. The SEC deadline is expected on Nov 2, 2025.
💬 Could this increase altcoin visibility and access for traditional investors? How does this impact your portfolio strategy?
👉 Create a post using #MarketRebound , #NasdaqETFUpdate , the $ETH cashtag, or share your trader’s profile to earn Binance points. Alternatively, share your trades and earn 5 points! (Tap the “+” on the App homepage and click on Task Center)
Activity period: 2025-06-10 06:00 (UTC) to 2025-06-11 06:00 (UTC)
Point rewards are first-come, first-served, so be sure to claim your points daily!
#TradingTools101 Master Crypto Trading Fundamentals and Unlock Binance Points!
Successful trading starts with strong fundamentals. In this latest installment of our Deep-Dive series, we break down 10 essential concepts every crypto trader should understand. Whether you’re new to trading or looking to reinforce your knowledge, this series is your opportunity to enhance your trading knowledge, contribute to the community and earn Binance Points along the way!
How To Participate:
1. Check Binance Square Official daily at 08:00 (UTC) for discussion prompts on the topic of the day.
2. Create a post on Binance Square sharing your insights, experiences or tips related to that topic.
3. Ensure that your post contains at least 100 characters and includes only one topic hashtag.
Activity Period: 2025-05-29 08:00:00 (UTC) to 2025-06-12 08:00:00 (UTC)
The 10 topics are:
· #TradingTypes101: Explore the differences between Spot, Margin and Futures trading.
· #CEXvsDEX101: Compare Centralized and Decentralized Exchanges.
· #OrderTypes101: Break down the different order types in crypto trading – Market, Limit, Stop-Loss and Take-Profit Orders.
· #Liquidity101: Discuss the role of liquidity in crypto trading and its impact on trade execution.
· #TradingPairs101: Break down how trading pairs work, and share how you choose the right pairs for your trading strategy.
· #CryptoSecurity101: Compare hot and cold wallets, discuss your personal security setup and share best practices for staying SAFU.
· #CryptoFees101: Discuss the different fee types in crypto and how you optimize your trades to reduce costs.
· #TradingMistakes101: Reflect on your experiences, what you learned, and share advice you’d give to new traders.
· #CryptoCharts101: Explore candlestick patterns and chart basics. Share how chart reading has helped your entries or exits.
· #TradingTools101: Discuss indicators like RSI, MACD and moving averages.
Successful trading starts with strong fundamentals. In this latest installment of our Deep-Dive series, we break down 10 essential concepts every crypto trader should understand. Whether you’re new to trading or looking to reinforce your knowledge, this series is your opportunity to enhance your trading knowledge, contribute to the community and earn Binance Points along the way!
How To Participate:
1. Check Binance Square Official daily at 08:00 (UTC) for discussion prompts on the topic of the day.
2. Create a post on Binance Square sharing your insights, experiences or tips related to that topic.
3. Ensure that your post contains at least 100 characters and includes only one topic hashtag.
Activity Period: 2025-05-29 08:00:00 (UTC) to 2025-06-12 08:00:00 (UTC)
The 10 topics are:
· #TradingTypes101: Explore the differences between Spot, Margin and Futures trading.
· #CEXvsDEX101: Compare Centralized and Decentralized Exchanges.
· #OrderTypes101: Break down the different order types in crypto trading – Market, Limit, Stop-Loss and Take-Profit Orders.
· #Liquidity101: Discuss the role of liquidity in crypto trading and its impact on trade execution.
· #TradingPairs101: Break down how trading pairs work, and share how you choose the right pairs for your trading strategy.
· #CryptoSecurity101: Compare hot and cold wallets, discuss your personal security setup and share best practices for staying SAFU.
· #CryptoFees101: Discuss the different fee types in crypto and how you optimize your trades to reduce costs.
· #TradingMistakes101: Reflect on your experiences, what you learned, and share advice you’d give to new traders.
· #CryptoCharts101: Explore candlestick patterns and chart basics. Share how chart reading has helped your entries or exits.
· #TradingTools101: Discuss indicators like RSI, MACD and moving averages.
#USChinaTradeTalks #USChinaTradeTalks
🌍 Major Trade Talks Kick Off in London – Markets on Alert! 📉📈
Big names are at the table:
🇺🇸 U.S. Treasury Sec. Scott Bessent, Commerce Sec. Howard Lutnick, and Trade Rep. Jamieson Greer
🇨🇳 Facing off with China’s Vice Premier He Lifeng
After fentanyl control & trade barrier talks in Geneva last month, June 9 marks a critical next step toward a sustainable U.S.-China trade framework 🔄
🧠 Smart money’s watching – Treasury yields dipped ahead of the meeting.
Crypto markets? Quiet before the storm. ⚠️
With talks set to rotate between nations, this could be the start of a new economic rhythm—and crypto won't sit it out.
Binance fam, stay alert. Global policy winds are shifting. Smart bags. Strong hands
🌍 Major Trade Talks Kick Off in London – Markets on Alert! 📉📈
Big names are at the table:
🇺🇸 U.S. Treasury Sec. Scott Bessent, Commerce Sec. Howard Lutnick, and Trade Rep. Jamieson Greer
🇨🇳 Facing off with China’s Vice Premier He Lifeng
After fentanyl control & trade barrier talks in Geneva last month, June 9 marks a critical next step toward a sustainable U.S.-China trade framework 🔄
🧠 Smart money’s watching – Treasury yields dipped ahead of the meeting.
Crypto markets? Quiet before the storm. ⚠️
With talks set to rotate between nations, this could be the start of a new economic rhythm—and crypto won't sit it out.
Binance fam, stay alert. Global policy winds are shifting. Smart bags. Strong hands
$BTC During this wave of rising prices, I was the first on the internet to clearly capture the market changes and advise everyone to buy at the bottom! At this moment, I have taken profits on half!
Yesterday at 6 PM, I immediately posted to inform my brothers to buy at the bottom, and the core logic of my judgment is that '10 billion U has been issued at this moment'.
1. In the then uncertain market conditions, I understood that issuing 10 billion U was not a matter of good news, but directly pushing the market up!
2. But please also note that issuing U is not the only standard for market judgment; I made my judgment in conjunction with the current macro environment. In the future, at some point at the peak of the bull market, there may be an issuance of 20 billion U, so remember to comprehensively judge in conjunction with the market!
3. I posted the information as soon as I received it, then publicly informed my brothers. At this moment, my action is to take profits on half and set a stop-loss to sleep peacefully.
There are two reasons:
(1) The US and China are having talks in London, and it is expected that Trump will post a favorable tweet.
(2) The riots in the US are very severe and are starting to tear apart, with the two parties attacking each other; although it seems calm at the moment, the capital market can react at any time.
㊗️ Brothers, may you all make a fortune
Yesterday at 6 PM, I immediately posted to inform my brothers to buy at the bottom, and the core logic of my judgment is that '10 billion U has been issued at this moment'.
1. In the then uncertain market conditions, I understood that issuing 10 billion U was not a matter of good news, but directly pushing the market up!
2. But please also note that issuing U is not the only standard for market judgment; I made my judgment in conjunction with the current macro environment. In the future, at some point at the peak of the bull market, there may be an issuance of 20 billion U, so remember to comprehensively judge in conjunction with the market!
3. I posted the information as soon as I received it, then publicly informed my brothers. At this moment, my action is to take profits on half and set a stop-loss to sleep peacefully.
There are two reasons:
(1) The US and China are having talks in London, and it is expected that Trump will post a favorable tweet.
(2) The riots in the US are very severe and are starting to tear apart, with the two parties attacking each other; although it seems calm at the moment, the capital market can react at any time.
㊗️ Brothers, may you all make a fortune
#CryptoCharts101 Master Crypto Trading Fundamentals and Unlock Binance Points!
Successful trading starts with strong fundamentals. In this latest installment of our Deep-Dive series, we break down 10 essential concepts every crypto trader should understand. Whether you’re new to trading or looking to reinforce your knowledge, this series is your opportunity to enhance your trading knowledge, contribute to the community and earn Binance Points along the way!
How To Participate:
1. Check Binance Square Official daily at 08:00 (UTC) for discussion prompts on the topic of the day.
2. Create a post on Binance Square sharing your insights, experiences or tips related to that topic.
3. Ensure that your post contains at least 100 characters and includes only one topic hashtag.
Successful trading starts with strong fundamentals. In this latest installment of our Deep-Dive series, we break down 10 essential concepts every crypto trader should understand. Whether you’re new to trading or looking to reinforce your knowledge, this series is your opportunity to enhance your trading knowledge, contribute to the community and earn Binance Points along the way!
How To Participate:
1. Check Binance Square Official daily at 08:00 (UTC) for discussion prompts on the topic of the day.
2. Create a post on Binance Square sharing your insights, experiences or tips related to that topic.
3. Ensure that your post contains at least 100 characters and includes only one topic hashtag.
#TradingMistakes101 Master Crypto Trading Fundamentals and Unlock Binance Points!
Successful trading starts with strong fundamentals. In this latest installment of our Deep-Dive series, we break down 10 essential concepts every crypto trader should understand. Whether you’re new to trading or looking to reinforce your knowledge, this series is your opportunity to enhance your trading knowledge, contribute to the community and earn Binance Points along the way!
How To Participate:
1. Check Binance Square Official daily at 08:00 (UTC) for discussion prompts on the topic of the day.
2. Create a post on Binance Square sharing your insights, experiences or tips related to that topic.
3. Ensure that your post contains at least 100 characters and includes only one topic hashtag.
Successful trading starts with strong fundamentals. In this latest installment of our Deep-Dive series, we break down 10 essential concepts every crypto trader should understand. Whether you’re new to trading or looking to reinforce your knowledge, this series is your opportunity to enhance your trading knowledge, contribute to the community and earn Binance Points along the way!
How To Participate:
1. Check Binance Square Official daily at 08:00 (UTC) for discussion prompts on the topic of the day.
2. Create a post on Binance Square sharing your insights, experiences or tips related to that topic.
3. Ensure that your post contains at least 100 characters and includes only one topic hashtag.
$BTC Learn & Earn from Binance is a free program that allows you to learn the basics of cryptocurrencies and earn rewards in cryptocurrencies by successfully completing short lessons and quizzes.
In short:
* Log in to your verified Binance account.
* Go to "Learn & Earn".
* Watch the videos/read the lessons.
* Answer the quiz questions.
* Get your free cryptocurrency reward!
Rewards are limited and are given on a first-come, first-served basis.
In short:
* Log in to your verified Binance account.
* Go to "Learn & Earn".
* Watch the videos/read the lessons.
* Answer the quiz questions.
* Get your free cryptocurrency reward!
Rewards are limited and are given on a first-come, first-served basis.
#SouthKoreaCryptoPolicy South Korea's crypto policy is focused on establishing a comprehensive regulatory framework for digital assets. Here are the key aspects
# Regulatory Framework
- The Financial Services Commission (FSC) is the primary regulatory body responsible for formulating policies and supervising Virtual Asset Service Providers (VASPs).
- The Korea Financial Intelligence Unit (KoFIU) receives Suspicious Transaction Reports (STRs) from financial institutions and analyzes them.
# Regulatory Framework
- The Financial Services Commission (FSC) is the primary regulatory body responsible for formulating policies and supervising Virtual Asset Service Providers (VASPs).
- The Korea Financial Intelligence Unit (KoFIU) receives Suspicious Transaction Reports (STRs) from financial institutions and analyzes them.
See original
$USDC The future of USDC looks promising, as Circle, the issuer of the stablecoin, recently debuted on the New York Stock Exchange (NYSE) 1. Circle's IPO increased to $1.05 billion, with an offering of 34 million shares at $31 each 2.
A strong signal for the future of cryptocurrencies is the interest from BlackRock, which intends to acquire around 10% of the shares offered during the IPO 3.
This demonstrates a growing
approach between traditional finance and digital assets
A strong signal for the future of cryptocurrencies is the interest from BlackRock, which intends to acquire around 10% of the shares offered during the IPO 3.
This demonstrates a growing
approach between traditional finance and digital assets
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