FarooqZia
Open Trade
Frequent Trader
2.7 Years
Trader and Writer
111 Following
321 Followers
1.9K+ Liked
51 Shared
All
Quotes
Green candles 😂👍
$PROVE
and $TOWNS
hot listing is coming to #Binance
these are not yet listed but their are watching it
#Write2Earn
and $TOWNS
hot listing is coming to #Binance
these are not yet listed but their are watching it
#Write2Earn
👍
🕌 Is Cryptocurrency Halal or Haram in Islam?
✅ Arguments That Cryptocurrency Is Halal:
1. Digital Asset Classification:
Some scholars view cryptocurrencies like Bitcoin and Ethereum as digital assets or commodities, not as illegal currencies.
Since Islam allows trade in assets (like gold, silver, goods), crypto is treated like a modern form of property.
2. Ownership and Transparency:
Crypto operates on blockchain technology, which offers transparency and verifiability—aligned with Islamic ethics of honesty and justice in trade.
3. Decentralization and No Riba (Interest):
Unlike fiat currencies and traditional banks, cryptocurrencies do not inherently involve interest (riba).
The peer-to-peer model supports fair trade, a principle emphasized in Islam.
4. Use in Halal Projects:
Many Muslims are using crypto for halal investments, charity (zakat), and Islamic finance innovations, which support real-world Islamic objectives.
❌ Arguments That Cryptocurrency Is Haram:
1. Gharar (Uncertainty and Speculation):
Crypto markets are highly volatile, and speculative trading is often seen as gharar, which is prohibited in Islam.
Day trading, leverage, and meme coins can resemble gambling (maysir).
2. No Intrinsic Value:
Some scholars argue cryptocurrencies lack tangible backing, unlike gold or fiat currencies issued by states.
This raises concerns about validity as real money or asset.
3. Illegal Uses:
Crypto has been associated with money laundering, black market trade, and fraud, which are clearly haram.
4. Lack of Regulation:
Absence of centralized authority or legal framework in many regions makes crypto risky, especially from a Shariah governance perspective.
🧕 What Should a Muslim Do?
✔️ Guidelines for Halal Crypto Involvement:
Avoid speculative or pump-and-dump coins.
Don’t use leverage or margin (involves riba and risk).
Consider projects audited by Shariah advisory boards (like Islamic Coin, CAIZcoin, or Haqq Network).
📜 Fatwas & Opinions from Islamic Scholars
Mufti Taqi Usmani (Pakistan): Cautious or negative view on crypto due to speculative nature.
Mufti Faraz Adam (UK): Accepts crypto as halal under strict conditions, especially when used as a digital asset.
AAOIFI & Islamic Fiqh Council: No unified global ruling yet.
⚖️ Final Verdict: Depends on Usage and Intention
> Cryptocurrency can be halal or haram depending on:
The purpose of usage (investment vs. gambling)
The type of token (utility vs. meme coin)
The method of trading (ethical vs. exploitative)
Let me know what you're thinking 🤔
1. Digital Asset Classification:
Some scholars view cryptocurrencies like Bitcoin and Ethereum as digital assets or commodities, not as illegal currencies.
Since Islam allows trade in assets (like gold, silver, goods), crypto is treated like a modern form of property.
2. Ownership and Transparency:
Crypto operates on blockchain technology, which offers transparency and verifiability—aligned with Islamic ethics of honesty and justice in trade.
3. Decentralization and No Riba (Interest):
Unlike fiat currencies and traditional banks, cryptocurrencies do not inherently involve interest (riba).
The peer-to-peer model supports fair trade, a principle emphasized in Islam.
4. Use in Halal Projects:
Many Muslims are using crypto for halal investments, charity (zakat), and Islamic finance innovations, which support real-world Islamic objectives.
❌ Arguments That Cryptocurrency Is Haram:
1. Gharar (Uncertainty and Speculation):
Crypto markets are highly volatile, and speculative trading is often seen as gharar, which is prohibited in Islam.
Day trading, leverage, and meme coins can resemble gambling (maysir).
2. No Intrinsic Value:
Some scholars argue cryptocurrencies lack tangible backing, unlike gold or fiat currencies issued by states.
This raises concerns about validity as real money or asset.
3. Illegal Uses:
Crypto has been associated with money laundering, black market trade, and fraud, which are clearly haram.
4. Lack of Regulation:
Absence of centralized authority or legal framework in many regions makes crypto risky, especially from a Shariah governance perspective.
🧕 What Should a Muslim Do?
✔️ Guidelines for Halal Crypto Involvement:
Avoid speculative or pump-and-dump coins.
Don’t use leverage or margin (involves riba and risk).
Consider projects audited by Shariah advisory boards (like Islamic Coin, CAIZcoin, or Haqq Network).
📜 Fatwas & Opinions from Islamic Scholars
Mufti Taqi Usmani (Pakistan): Cautious or negative view on crypto due to speculative nature.
Mufti Faraz Adam (UK): Accepts crypto as halal under strict conditions, especially when used as a digital asset.
AAOIFI & Islamic Fiqh Council: No unified global ruling yet.
⚖️ Final Verdict: Depends on Usage and Intention
> Cryptocurrency can be halal or haram depending on:
The purpose of usage (investment vs. gambling)
The type of token (utility vs. meme coin)
The method of trading (ethical vs. exploitative)
Let me know what you're thinking 🤔
Follow me I'll follow back
🕌 Is Cryptocurrency Halal or Haram in Islam?
✅ Arguments That Cryptocurrency Is Halal:
1. Digital Asset Classification:
Some scholars view cryptocurrencies like Bitcoin and Ethereum as digital assets or commodities, not as illegal currencies.
Since Islam allows trade in assets (like gold, silver, goods), crypto is treated like a modern form of property.
2. Ownership and Transparency:
Crypto operates on blockchain technology, which offers transparency and verifiability—aligned with Islamic ethics of honesty and justice in trade.
3. Decentralization and No Riba (Interest):
Unlike fiat currencies and traditional banks, cryptocurrencies do not inherently involve interest (riba).
The peer-to-peer model supports fair trade, a principle emphasized in Islam.
4. Use in Halal Projects:
Many Muslims are using crypto for halal investments, charity (zakat), and Islamic finance innovations, which support real-world Islamic objectives.
❌ Arguments That Cryptocurrency Is Haram:
1. Gharar (Uncertainty and Speculation):
Crypto markets are highly volatile, and speculative trading is often seen as gharar, which is prohibited in Islam.
Day trading, leverage, and meme coins can resemble gambling (maysir).
2. No Intrinsic Value:
Some scholars argue cryptocurrencies lack tangible backing, unlike gold or fiat currencies issued by states.
This raises concerns about validity as real money or asset.
3. Illegal Uses:
Crypto has been associated with money laundering, black market trade, and fraud, which are clearly haram.
4. Lack of Regulation:
Absence of centralized authority or legal framework in many regions makes crypto risky, especially from a Shariah governance perspective.
🧕 What Should a Muslim Do?
✔️ Guidelines for Halal Crypto Involvement:
Avoid speculative or pump-and-dump coins.
Don’t use leverage or margin (involves riba and risk).
Consider projects audited by Shariah advisory boards (like Islamic Coin, CAIZcoin, or Haqq Network).
📜 Fatwas & Opinions from Islamic Scholars
Mufti Taqi Usmani (Pakistan): Cautious or negative view on crypto due to speculative nature.
Mufti Faraz Adam (UK): Accepts crypto as halal under strict conditions, especially when used as a digital asset.
AAOIFI & Islamic Fiqh Council: No unified global ruling yet.
⚖️ Final Verdict: Depends on Usage and Intention
> Cryptocurrency can be halal or haram depending on:
The purpose of usage (investment vs. gambling)
The type of token (utility vs. meme coin)
The method of trading (ethical vs. exploitative)
Let me know what you're thinking 🤔
1. Digital Asset Classification:
Some scholars view cryptocurrencies like Bitcoin and Ethereum as digital assets or commodities, not as illegal currencies.
Since Islam allows trade in assets (like gold, silver, goods), crypto is treated like a modern form of property.
2. Ownership and Transparency:
Crypto operates on blockchain technology, which offers transparency and verifiability—aligned with Islamic ethics of honesty and justice in trade.
3. Decentralization and No Riba (Interest):
Unlike fiat currencies and traditional banks, cryptocurrencies do not inherently involve interest (riba).
The peer-to-peer model supports fair trade, a principle emphasized in Islam.
4. Use in Halal Projects:
Many Muslims are using crypto for halal investments, charity (zakat), and Islamic finance innovations, which support real-world Islamic objectives.
❌ Arguments That Cryptocurrency Is Haram:
1. Gharar (Uncertainty and Speculation):
Crypto markets are highly volatile, and speculative trading is often seen as gharar, which is prohibited in Islam.
Day trading, leverage, and meme coins can resemble gambling (maysir).
2. No Intrinsic Value:
Some scholars argue cryptocurrencies lack tangible backing, unlike gold or fiat currencies issued by states.
This raises concerns about validity as real money or asset.
3. Illegal Uses:
Crypto has been associated with money laundering, black market trade, and fraud, which are clearly haram.
4. Lack of Regulation:
Absence of centralized authority or legal framework in many regions makes crypto risky, especially from a Shariah governance perspective.
🧕 What Should a Muslim Do?
✔️ Guidelines for Halal Crypto Involvement:
Avoid speculative or pump-and-dump coins.
Don’t use leverage or margin (involves riba and risk).
Consider projects audited by Shariah advisory boards (like Islamic Coin, CAIZcoin, or Haqq Network).
📜 Fatwas & Opinions from Islamic Scholars
Mufti Taqi Usmani (Pakistan): Cautious or negative view on crypto due to speculative nature.
Mufti Faraz Adam (UK): Accepts crypto as halal under strict conditions, especially when used as a digital asset.
AAOIFI & Islamic Fiqh Council: No unified global ruling yet.
⚖️ Final Verdict: Depends on Usage and Intention
> Cryptocurrency can be halal or haram depending on:
The purpose of usage (investment vs. gambling)
The type of token (utility vs. meme coin)
The method of trading (ethical vs. exploitative)
Let me know what you're thinking 🤔
This analysis is a highly comprehensive and technically grounded overview of the crypto market, highlighting the current positions and potential future directions of major coins like Bitcoin (BTC), XRP, Ethereum (ETH), and Solana (SOL). Let's break down the summary and key points:
🔻 Bitcoin: Is $100,000 at Risk?
Macro Trendline Breakout Failed:
The breakout above the trendline connecting the bull market highs of 2017 and 2021 could not be sustained.
Weak Momentum:
Both MACD and RSI are showing weakness.
Three consecutive red bars on daily charts indicate bearish control.
Key Support Level:
$11,965 is under threat.
If broken, the price could approach $100,000 (possibly triggering panic or a volatility event).
Bullish Reversal Condition:
The price must break above the $122,056 resistance to invalidate the bearish trend.
⚖️ XRP: Challenging the Correction, But Weak Momentum
Resistance:
Price is facing resistance at the 38.2% Fibonacci retracement level.
SMA Outlook:
The 5, 10, 50, 100, and 200-hour SMAs are all in bearish alignment.
Key Levels:
If the price closes above $3.00, the next target could be $3.33.
💧 Ethereum: Sharply Down
Recent 10% decline with a bearish candlestick.
Bearish crossover on the 5-day and 10-day SMAs.
Two red bars on the three-line break chart → indicates ongoing downtrend.
🌊 Solana: Long-Term Hope, Short-Term Pressure
Support at the 61.8% Fibonacci level.
A potential “Golden Cross” between the 50-day and 200-day SMAs is forming (a long-term bullish signal).
However, the short-term trend remains bearish for now.
🔮 Conclusion:
The crypto market appears to be heading toward a deep correction or major downturn.
BTC’s $100K level is both psychologically and technically significant — if the support fails, panic selling is likely.
Major altcoins like XRP, ETH, and SOL are also under pressure, with only a few long-term bullish indicators visible.
Investors must exercise caution, monitor technical signals, and maintain strong risk management strategies.
#Write2Earn #bitcoin
🔻 Bitcoin: Is $100,000 at Risk?
Macro Trendline Breakout Failed:
The breakout above the trendline connecting the bull market highs of 2017 and 2021 could not be sustained.
Weak Momentum:
Both MACD and RSI are showing weakness.
Three consecutive red bars on daily charts indicate bearish control.
Key Support Level:
$11,965 is under threat.
If broken, the price could approach $100,000 (possibly triggering panic or a volatility event).
Bullish Reversal Condition:
The price must break above the $122,056 resistance to invalidate the bearish trend.
⚖️ XRP: Challenging the Correction, But Weak Momentum
Resistance:
Price is facing resistance at the 38.2% Fibonacci retracement level.
SMA Outlook:
The 5, 10, 50, 100, and 200-hour SMAs are all in bearish alignment.
Key Levels:
If the price closes above $3.00, the next target could be $3.33.
💧 Ethereum: Sharply Down
Recent 10% decline with a bearish candlestick.
Bearish crossover on the 5-day and 10-day SMAs.
Two red bars on the three-line break chart → indicates ongoing downtrend.
🌊 Solana: Long-Term Hope, Short-Term Pressure
Support at the 61.8% Fibonacci level.
A potential “Golden Cross” between the 50-day and 200-day SMAs is forming (a long-term bullish signal).
However, the short-term trend remains bearish for now.
🔮 Conclusion:
The crypto market appears to be heading toward a deep correction or major downturn.
BTC’s $100K level is both psychologically and technically significant — if the support fails, panic selling is likely.
Major altcoins like XRP, ETH, and SOL are also under pressure, with only a few long-term bullish indicators visible.
Investors must exercise caution, monitor technical signals, and maintain strong risk management strategies.
#Write2Earn #bitcoin
A person, trusting only himself, bought ILV on the Binance exchange at a price of $12.40 on the night of August 3rd.
Lady Luck was smiling on him — but the person had no idea.
He was confused, distressed, and lonely, cursing his decision, wondering what unfortunate moment led him to make such a move.
He was hearing on the news that Bitcoin, which was around $114K, might drop significantly — possibly to $100K or even lower 🧐
His blood pressure kept dropping with this fear… who knows...
Anyway,
Caught in this dilemma, August 5th arrived in his life.
That morning, while waking up with the intention of doing something else, he saw ILV flying high — and was overwhelmed with joy.
He then decided to sell ILV at that point, thinking:
“If someone wants to stay with ILV until it reaches its all-time high of $2,800, that’s their choice — what can I say?”
This is how crypto can skyrocket in minutes, hours, or days — unexpectedly.
Tell us
was this person’s decision the right one or not?
#Write2Earn #Binance
Lady Luck was smiling on him — but the person had no idea.
He was confused, distressed, and lonely, cursing his decision, wondering what unfortunate moment led him to make such a move.
He was hearing on the news that Bitcoin, which was around $114K, might drop significantly — possibly to $100K or even lower 🧐
His blood pressure kept dropping with this fear… who knows...
Anyway,
Caught in this dilemma, August 5th arrived in his life.
That morning, while waking up with the intention of doing something else, he saw ILV flying high — and was overwhelmed with joy.
He then decided to sell ILV at that point, thinking:
“If someone wants to stay with ILV until it reaches its all-time high of $2,800, that’s their choice — what can I say?”
This is how crypto can skyrocket in minutes, hours, or days — unexpectedly.
Tell us
was this person’s decision the right one or not?
#Write2Earn #Binance
What Jerome Powell actually said
1. Crypto is becoming more mainstream
At recent congressional hearings, Powell remarked that “the industry is maturing,” and banks could engage with crypto clients if done in a “safe and sound manner.” Regulators have even withdrawn prior advisories that labeled token issuance inconsistent with banking practices .
2. Regulation should support innovation
According to Binance’s article (likely based on Jackson Hole commentary), Powell said “Digital assets… are here to stay. Regulation should support innovation, not kill it.” This aligns with a softer tone—yet he did not announce new policy initiatives or official Fed endorsements .
*Psychological shift: For many, hearing the Fed chair speak positively—even subtly—represents a major legitimacy signal after years of regulatory friction. - *Market context: Around the same time, Bitcoin and altcoins rose on renewed expectations of Fed rate cuts and ETF inflows, fueling bullish sentiment Ongoing regulatory moves (like the GENIUS Act, Clarity Act, crypto-friendly bank policies) add to optimism, and Powell’s remarks reinforce that trend tually “give crypto a boost”?
Not in the literal sense. There was no sweeping policy announcement or new Fed program supporting crypto. Instead, the so-called “boost” reflects:
AA tone shift toward acceptance, - *Withdrawn restrictions on banking crypto clients, - GGreater confidence in crypto's evolving institutional integration. SSo yes, it's notable—but largely more symbolic than concrete.
What it means for crypto markets now:
Driver Implication
*Interest rate outlook FFed policymakers remain data-dependent, with cuts tentatively expected later in 2025. More dovish signals could further support crypto valuations nter crypto services under more favourable guidance, increased liquidity and infrastructure growth may follow clarity**
Powell’s comments do not change the regulatory or monetary landscape overnight.
#Write2Earn #Write2Earn! $SOL
$BTC
$XRP
1. Crypto is becoming more mainstream
At recent congressional hearings, Powell remarked that “the industry is maturing,” and banks could engage with crypto clients if done in a “safe and sound manner.” Regulators have even withdrawn prior advisories that labeled token issuance inconsistent with banking practices .
2. Regulation should support innovation
According to Binance’s article (likely based on Jackson Hole commentary), Powell said “Digital assets… are here to stay. Regulation should support innovation, not kill it.” This aligns with a softer tone—yet he did not announce new policy initiatives or official Fed endorsements .
*Psychological shift: For many, hearing the Fed chair speak positively—even subtly—represents a major legitimacy signal after years of regulatory friction. - *Market context: Around the same time, Bitcoin and altcoins rose on renewed expectations of Fed rate cuts and ETF inflows, fueling bullish sentiment Ongoing regulatory moves (like the GENIUS Act, Clarity Act, crypto-friendly bank policies) add to optimism, and Powell’s remarks reinforce that trend tually “give crypto a boost”?
Not in the literal sense. There was no sweeping policy announcement or new Fed program supporting crypto. Instead, the so-called “boost” reflects:
AA tone shift toward acceptance, - *Withdrawn restrictions on banking crypto clients, - GGreater confidence in crypto's evolving institutional integration. SSo yes, it's notable—but largely more symbolic than concrete.
What it means for crypto markets now:
Driver Implication
*Interest rate outlook FFed policymakers remain data-dependent, with cuts tentatively expected later in 2025. More dovish signals could further support crypto valuations nter crypto services under more favourable guidance, increased liquidity and infrastructure growth may follow clarity**
Powell’s comments do not change the regulatory or monetary landscape overnight.
#Write2Earn #Write2Earn! $SOL
$BTC
$XRP
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Trending Topics
Notcoin
50.5M views
20,103 Discussing
$BONK OR $WIF ? - COMMUNITY STRENGHT DUEL 💪👊
TwitterScore, one of the most used tool by Investors, has revealed intriguing data concerning the Top Memecoins on Solana! SURPRISINGLY, despite both boasting identical market caps and WIF having fewer followers, its community only scored 80 points compared to BONK's 133. This could be attributed to the possible acquisition of fake followers (bots) and low quality engagement. That's a Red Flag on the Marketing Department 🚩
BONK, from the other hand, demonstrates a significantly more engaged community. Impressively, it scored a remarkable 133 pts. Communities with high scores are chosen by investors because have active participation, genuine interest in the project and often drive positive sentiment. That's imperative for a project's health and potential for long-term success! ✅
#SolanaMemeCoins #SolanaMemes #memecoin #BonkCommunity #SolanaCommunity $SOL
InnovAlain
44 Likes
44.4k views
BuiltonSolayer
1.5M views
4,958 Discussing
IPOWave
1.1M views
3,666 Discussing
