Meme cryptocurrencies are often the target of schemes known as "pump and dump". In these cases, large groups of investors coordinate the purchase of a coin, artificially raising its value ("pump"). Once the price reaches a peak, the organizers sell their holdings en masse, causing the price to plummet ("dump"). This pattern is quite common among currencies with lower market capitalization and less liquidity. This type of manipulation generates extremely sudden up and down movements, leaving inexperienced investors vulnerable to large losses.
Here’s the latest crypto news for today, packed with emojis to make it more engaging! 🚀💹
Market Overview:
Bitcoin (BTC): 📈 After dipping to a two-month low of $90,957, Bitcoin has surged back up to $95,000! 🤑💪
Altcoins: 🌟 Ethereum (ETH), BNB, XRP, and others are shining bright with gains of 4%-10%! 💸🔥
Recent Developments:
Tether's Big Move: 🌎 Tether, the world’s largest stablecoin issuer, is relocating to El Salvador 🇸🇻 to leverage its crypto-friendly vibe! 💼✨
New Crypto Rules in Europe: 🇪🇺 Europe’s MiCA regulation has kicked in, tightening rules for crypto companies with stricter licensing and prudential requirements. 🛡️📜
Bullish Predictions: 📊 Analysts predict Bitcoin could hit $120,000 this month, thanks to massive stablecoin reserves on Binance! 💰🎯
🎉Waterfall crash #STRK completed target 4🎉 🤩Short-term and mid-term: short📉 $STRK 😍 Target 1: 0.401 ✅ Completed Target 2: 0.396 ✅ Completed Target 3: 0.391 ✅ Completed Target 4: 0.383 ✅ Completed 🔥Entered the market at 16:00 yesterday! It hit 0.38 at 10:00 pm and completed target 4! Obtained 459.72% (75X) profit and closed 80% and 20% to set BE! ! 🔥 (Register for free to see the strategy) BINANCE 28 rebate invitation code: FOHW9ZPT If you think it is helpful to you, please like and forward it! @加密航海家飞鱼
#OnChainLendingSurge According to PANews, the latest data from Token Terminal indicates that the total volume of active loans in the on-chain lending market has reached an all-time high, exceeding $20 billion. The previous record was set in December 2021.
#CryptoMarketDip Binance: 1. Cryptocurrency Trading: Buy and sell digital currencies like Bitcoin, Ethereum, BNP Coin, and more. 2. Invest in Digital Currencies: Buy digital currencies and hold them for a long time to make a profit. 3. Mining: Use computers to mine digital currencies. 4. Leverage Programs: Participate in leverage programs to earn rewards. 5. Automated Trading: Use bots to trade automatically. 6. Investing in ICO Projects: Invest in new digital currency projects. 7. Reward Programs: Participate in incentive and reward programs. 8. Margin Trading: Trade using leverage. 9. Sell Services: Sell services like consulting, analytics, etc. 10. Participate in Binance Launchpad Platform: Invest in new cryptocurrency projects. But it is important to remember that: - Trading involves risks. - It is necessary to study and understand well before investing. - There are no guarantees of earnings. - It is necessary to adhere to a clear strategy.
SAFU stands for Secure Asset Fund for Users, an insurance fund established by Binance in July 2018 in case of security breaches, hacks, or other unforeseen events. This fund demonstrates Binance’s commitment to user safety and its proactive approach to managing risks in the cryptocurrency space.
How Does SAFU Work?
1. Funding the SAFU: Binance allocates 10% of all trading fees earned on the platform to the SAFU fund. 2. Secure Storage: The assets in the SAFU are stored in cold wallets, ensuring they are not vulnerable to online attacks. 3. Usage: In the event of a security breach or financial loss affecting users, the SAFU fund is used to reimburse affected customers.
Significant Moments in SAFU’s History
1. 2019 Binance Hack: In May 2019, Binance suffered a security breach where hackers stole 7,000 BTC. The SAFU fund was used to fully compensate affected users without impacting their balances.
2. Reassurance for Users: Binance frequently emphasizes the SAFU fund to reassure users of its commitment to their protection.
Why is SAFU Important?
• Trust Building: Helps instill trust among users in a volatile and evolving cryptocurrency industry. • User Protection: Ensures that users are financially protected in cases of hacking or platform failures. • Industry Standard: Sets a benchmark for other exchanges to follow in terms of user asset safety.
Conclusion
The SAFU fund is a testament to Binance’s prioritization of user security and a reminder of the importance of insurance mechanisms in the crypto world. With SAFU, Binance continues to set industry standards for reliability and trustworthiness.
“Funds are SAFU!!!
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BTC Good evening, brothers. The last line of defense for the big cake bulls is 100600. It has been broken. I told the brothers in the live broadcast at night that once this position is broken, it will directly hit 98000. Isn't it here? The support for the callback below is 97000. The small-level rebound pressure at night is 99500 and 100600. Only when the four-hour closing line stabilizes at 100600, the market will have a chance to rise. Pay attention to the upper pressure of 101300. Only when it breaks through and stabilizes this pressure will the market continue to rise to 102773, and the breakthrough is looking at 106000. If the market cannot stabilize at 100600, don't blindly chase it! There is a possibility of a second bottom! ETH This wave of decline directly penetrated the 3420 support. It fell so hard that it directly broke through the daily support. If the rebound at night cannot reach 3500, this wave of rebound will be over, and the daily level will start to fall. Therefore, pay attention to the small-level rebound pressure positions of 3500 and 3570 at night. If the rebound does not reach these two pressure levels, the market will still be bearish. At least the daily line can stabilize at 3500 tomorrow, and the rebound will have a chance to continue to rise!
DOGECOIN (DOGEUSDT) struggles to get rid of its negative pressure - Analysis - 07-01-2025
The price of DOGECOIN (DOGEUSDT) advanced during its recent trades at the moment levels, amid the dominance of the short-term upward trend and its trades along the trend line, as the price tries to get rid of the negative pressure of the previous 50-day simple moving average, but in light of that, we notice the beginning of the emergence of negative signals in the relative strength indicators, after reaching areas of severe saturation with buying operations, which may hinder the rise of the currency price.
Therefore, we expect the currency price to rise during its upcoming trades, as long as it stabilizes above the $0.34000 level, targeting the pivotal resistance level of $0.48000.
The expected direction for the upcoming trades: Likely to rise $DOGE
Brother Jiu did nothing and was restricted for a few days. Sigh Continue to send red envelopes to everyone. Sorry for the long wait! Answer: Happy Laba Festival
~ The decline should not be a cause of panic. Just add more bullets if you have them. Don’t hesitate. Continue to increase your holdings in the artificial intelligence sector! Continue to send out red envelopes Answer: dry
Ripple (XRPUSD) Struggles to Recover – Analysis – 07-01-2025
The price of Ripple (XRPUSD) rose during its recent trading at the moment levels, amid the dominance of the main upward trend in the short term, with the continuation of positive pressure due to its trading above its simple moving average for the previous 50-day period, but in light of the above, we notice the beginning of the emergence of negative signals in the relative strength indicators, after reaching areas of severe saturation with buying operations, which may curb the upcoming price gains.
Therefore, we expect further rise in the price of the currency during its upcoming trading, as long as the support level of $1.99218 remains stable, targeting the pivotal resistance level of $2.90550.
The expected direction for the upcoming trading: Upward $XRP