Binance has launched a 12% annualized interest subsidy for USDC savings for up to 30 days, and then launched an event to reduce the borrowing interest for USDC by 4%. So the arbitrage opportunity has emerged: let's start circulating loans 😀 My approach is: 1. Do not borrow USDT, only borrow USDC to take advantage of the interest differential. 2. In the second round, use the savings USDC as collateral to borrow BTC (with the lowest interest). 3. Then use the borrowed BTC as collateral to borrow USDC. In the end, as shown in the picture: the borrowing interest creates a negative annualized return (positive yield). Also, currently, the USDC to USDT exchange rate is declining, so minimize exchange rate risk.
Join us at #BinanceTurns8 to participate in the #BinanceTurns8 celebration event and share a total of up to 888,888 USD in BNB! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_K1F6P
#CryptoMeteorShower Thank you for being with us, growing together for eight years: #BinanceTurns8 Binance's 8th Anniversary Celebration · Enjoy 2,888,888 USD in crypto meteor shower rewards! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_K1F6P
#trx justinsun attended the White House dinner, plus the positive factors stacking up from the stablecoin bill, the swing high point can reduce positions. Historical reference: elon musk's event at the weekend night that pushed doge coin up, which reversed and dropped on that day. #GENIUS稳定币法案
The recent trading volume of $OM has started to increase, seemingly due to algorithmic trading. It is estimated that the upward momentum mode will be activated again. #加密市场反弹
$BTC fell all the way down after falling below the 100,000 round number today, accelerated after falling below 97,000, and stopped falling until 92232. This is also the support position where buying orders are piled up around 92,000 as mentioned in the previous article. And quickly rebounded to more than 96,000. Next, I hope to use the market to replace the decline and hold on until January.
After three dips following the earlier high of 104,000 at #BTC重返10万 $BTC , the retracement was limited, and two days later, sell orders were engulfed (of course, some were) short positions being closed. We can observe a key point: the borrowing rate of funds has significantly decreased, and the interest rate for USDT's spot lending has rapidly declined, indicating one thing: leverage utilization has decreased, the vehicle is lighter, which is a good thing. Currently, the psychological support is between 97,000 and 100,000, with previous buy orders accumulating support around 920,000, so not much capital is needed to lift the index. Let's wait and see if there will be a Christmas gift market.
🎄Christmas Gift🎁 $EIGEN for $ALT Pledger's Christmas Donation🎁
AltLayer
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🔊 Delighted & humbled to share that @eigenfoundation has offered AltLayer a grant of 1M EIGEN tokens in recognition of our past & ongoing contributions to the flourishing @eigenlayer ecosystem.
The Christmas gift market has arrived early! $BTC Key points: 1. Last week, leveraged positions were cleaned out, creating pressure vacuum. 2. The Federal Reserve confirmed interest rate cuts in December. 3. The exchange's BTC stock level is insufficient. 4. Whales are going long on futures to seize short-term opportunities. 5. Nasdaq 100 incorporates MicroStrategy.
Now we can start the fixed selling plan: sell slowly for peace of mind and safety. #加密市场狂欢 #纳斯达克100指数宣布纳入微策略
富貴B人
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Bullish
After three dips following the earlier high of 104,000 at #BTC重返10万 $BTC , the retracement was limited, and two days later, sell orders were engulfed (of course, some were) short positions being closed. We can observe a key point: the borrowing rate of funds has significantly decreased, and the interest rate for USDT's spot lending has rapidly declined, indicating one thing: leverage utilization has decreased, the vehicle is lighter, which is a good thing. Currently, the psychological support is between 97,000 and 100,000, with previous buy orders accumulating support around 920,000, so not much capital is needed to lift the index. Let's wait and see if there will be a Christmas gift market.
Binance Launchpool is finally launching new projects at the end of the year! This issue's project is the $vana personal data resale. To be honest, I don't have high hopes for this track.
From the demand side, I can't think of any personal data that AI developers wouldn't buy from him; from the supply side, most data in the crypto space is transparent, especially on-chain data that can be mined. If there really is private data, like health data or GPT conversations, top-tier individuals' data would not be sold cheaply, and the low-quality fake data created by common profit-seekers is of no use.
This issue's approach: stake 2 ETH with 6000U, buy $BNB BNB to participate, and aim for a quick profit, then run away after getting the gains.
Binance Announcement
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Binance Launchpool Launches 62nd Project, Use BNB and FDUSD to Earn Vana (VANA)
Important Notice: Binance will be the first platform to list this token, trading will open at 18:00 (UTC+8) on December 16, 2024. Any claims of selling this token before the specified timeline are false advertising. Please do your own research to ensure the safety of your funds! Dear Users: Binance Launchpool has now launched the 62nd project - Vana (VANA), a native EVM-compatible L1 blockchain for users holding data. Users can deposit BNB and FDUSD into the VANA reward pool on the Launchpool website after 08:00 (UTC+8) on December 14, 2024 to obtain VANA. The VANA activity lasts for a total of 2 days. The website is expected to update within approximately twelve hours of this announcement, before the event opens.
After three dips following the earlier high of 104,000 at #BTC重返10万 $BTC , the retracement was limited, and two days later, sell orders were engulfed (of course, some were) short positions being closed. We can observe a key point: the borrowing rate of funds has significantly decreased, and the interest rate for USDT's spot lending has rapidly declined, indicating one thing: leverage utilization has decreased, the vehicle is lighter, which is a good thing. Currently, the psychological support is between 97,000 and 100,000, with previous buy orders accumulating support around 920,000, so not much capital is needed to lift the index. Let's wait and see if there will be a Christmas gift market.
$THE vs liveTHE Decoupling and Coupling Dynamic Game
Everyone loves discounted products, especially now during the Thanksgiving crazy sales. Right now, there's an opportunity to buy at a 46% discount from the original price, would you buy it?
liveTHE is the warp version of $THE staked veTHE (liquid), you can stake it, exchange it, and it will automatically appreciate in value.
Arbitrage Opportunity: liveTHE is trading below the price of $THE . (After THE was listed on Binance, it quickly surged nearly 4 times, allowing those who originally staked veTHE to exchange for liveTHE and sell for arbitrage.)
This means: Each liveTHE token represents more THE than its current market value. (At a discount)
Will it be pegged?: The protocol uses all fees collected from veTHE holders to repurchase liveTHE (weekly), until its value is restored to be equivalent to THE. When the peg is corrected, 1 liveTHE equals 1 THE.
Passive Income: Staking liveTHE allows you to earn a portion of the platform's income.
How to do it: Purchase liveTHE at a discounted price on THENA or other DEXs. Staking liveTHE on Abacus can earn you additional rewards!
There are many short-term opportunities to disclose information. The big guys told me to buy it and hold it until Durov comes out. Buy Low Sale High, the timings are all public. #Telegram创始人被捕 $TON
PANews
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Memeland team: Treasury funds have been used to purchase $1 million worth of TON to support Durov
PANews reported on August 26 that the Memeland team announced on Twitter that it had used $1 million of the team’s treasury funds to buy TON on the open market and would hold it until Durov was released. According to previous news, DWF Labs founder Zhu Su and others had used similar methods to support Durov.
Three-in-one $FET $OCEAN $AGIX > $ASI The three AI blockchain protocols merged to become bigger and stronger It would be even more popular if the depin concept could be integrated
#TIA Before, the volume shrunk and fell in shock (Figure 1). Without volume support, it was difficult for the price to rise. The day before yesterday and yesterday (Figure 2), I did a 2nd test on the 4-hour line, and the trading volume also surged. I added some spot stocks at 9 yuan. I use the DCA average cost method for my trading: divided positions, never full positions, and the ratio is 433 or 532.
#ena Every bull market needs a stablecoin system supported by a Ponzi flywheel. The last one is the algorithmic stablecoin $USTC . Behind it is $LUNA , which flies up to the sky with the left foot and the right foot. And this bull market is a hedging stablecoin $ENA , and behind it is the support of #Eth , which is pledged with interest and deflation. The stability of this bull market will be proven at the end. The invention of the perpetual contract was hailed as a major innovation. It only cost capital, and there was no need to adjust positions upon expiration to reduce capital wear and tear. So should ENA be bought? To me it's an interest discount.
#slerf $SOL The meme on the chain is dancing wildly, the most ridiculous slerf. At the opening, 50,000 sol and the coins to be airdropped were all burned... The sickle bandits and whales poured money into it like crazy...
Tonight, an exchange is going to list the currency. The old trick is: after the listing, the contract is doubled and the funding rate and price drop are doubled. However, because the market capital accumulation period is too short, less than 24 hours, it will be troublesome for family members who want to open short orders. " Do it after 3-5 days. If you rush too fast, you will be swallowed up by the mad dog wave of funds.
I myself want to wait for Binance to stop running wild, so these days I go long $SOL , which is stable.