Hello, Binance Square! This is my first post here and I wish to write plenty provided the time that I invest is well compensated and the the post that I write is also appreciated (only if found valuable!!!)
So, I will follow two simple criterion for creating a new post: 1. The tip on the most recent post is atleast USDT 0.05 cumulative (it is very nominal!!!) 2. I will ask readers to suggest me the coin that they want me to write a post on.
What will the posts majorly contain? No price predictions. I'm not here to do that. I believe each individual is intelligent enough to handle own finances. And there is plenty of clutter here anyway with price predictions. But, I will explain the foundation of that particular coin. What part of the problem is solved by each coin? I believe there are many investors who are buying and selling coins without even knowing what those coins actually are. This is what my posts would try to explain.
So, if you wish to read my next post then please help to satisfy above mentioned two criterion. Tip and suggest the coin.
Happy Reading, Happy Learning, Happy Investing and HAPPY NEW YEAR 2024!!!
I asked AI what happened in cryptocurrency world today on 17 Feb 2025. And here is what I learnt: 1. Argentina’s President Faces Impeachment: President Javier Milei is facing impeachment after promoting a little-known cryptocurrency, $LIBRE, which surged in value before crashing (Source: https://www.financialexpress.com/world-news/argentinas-president-milei-faces-impeachment-after-promoting-controversial-cryptocurrency/3751339/ ). The incident has led to an investigation by the Anti-Corruption Office. 2. Binance Community Consultation: Binance announced a community consultation on listing Pi Network, generating excitement among cryptocurrency enthusiasts (Source: https://www.fool.com/terms/t/to-the-moon/ ). 3. Ethereum Price Decline: Ethereum (ETH) slid under $2,600, with analysts predicting a potential rebound. (Source: https://coinatory.com/cryptocurrency-news/ ). 4. Tether Invests in Self-Custody Wallet: Tether has invested in Zengo, a self-custody wallet, to speed up stablecoin adoption. (Source: https://coinatory.com/cryptocurrency-news/ ). 5. SEC and Binance Legal Case Pause: The SEC and Binance have requested a 60-day pause in their ongoing legal case amid regulatory review. (Source: https://coinatory.com/cryptocurrency-news/ ). 6. Thailand-China Joint Operation: A joint operation between Thailand and China seized $2.5 million USDT from Chinese scammers. (Source: https://coinatory.com/cryptocurrency-news/ ). 7. Gemini Moves into EU Perpetuals Space: Gemini has received an in-principal approval to enter the EU perpetuals space. (Source: https://coinatory.com/cryptocurrency-news/ ). 8. Solana DEX Volume Surge: Solana's decentralized exchange (DEX) volume has surged towards $60 billion, extending its winning streak over Ethereum. (Source: https://coinatory.com/cryptocurrency-news/ ).
What happened in Cryptocurrency world on 17 Feb 2025?
I asked AI what happened in cryptocurrency world today on 17 Feb 2025. And here is what I learnt: 1. Argentina’s President Faces Impeachment: President Javier Milei is facing impeachment after promoting a little-known cryptocurrency, $LIBRE, which surged in value before crashing (Source: https://www.financialexpress.com/world-news/argentinas-president-milei-faces-impeachment-after-promoting-controversial-cryptocurrency/3751339/ ). The incident has led to an investigation by the Anti-Corruption Office. 2. Binance Community Consultation: Binance announced a community consultation on listing Pi Network, generating excitement among cryptocurrency enthusiasts (Source: https://www.fool.com/terms/t/to-the-moon/ ). 3. Ethereum Price Decline: Ethereum (ETH) slid under $2,600, with analysts predicting a potential rebound. (Source: https://coinatory.com/cryptocurrency-news/ ). 4. Tether Invests in Self-Custody Wallet: Tether has invested in Zengo, a self-custody wallet, to speed up stablecoin adoption. (Source: https://coinatory.com/cryptocurrency-news/ ). 5. SEC and Binance Legal Case Pause: The SEC and Binance have requested a 60-day pause in their ongoing legal case amid regulatory review. (Source: https://coinatory.com/cryptocurrency-news/ ). 6. Thailand-China Joint Operation: A joint operation between Thailand and China seized $2.5 million USDT from Chinese scammers. (Source: https://coinatory.com/cryptocurrency-news/ ). 7. Gemini Moves into EU Perpetuals Space: Gemini has received an in-principal approval to enter the EU perpetuals space. (Source: https://coinatory.com/cryptocurrency-news/ ). 8. Solana DEX Volume Surge: Solana's decentralized exchange (DEX) volume has surged towards $60 billion, extending its winning streak over Ethereum. (Source: https://coinatory.com/cryptocurrency-news/ ). 9. SEC Critique on Crypto Regulation: A court has critiqued the SEC’s approach to crypto regulation, with Gemini’s Chief Legal Officer commenting on the matter. (Source: https://coinatory.com/cryptocurrency-news/ ). 10. Bitcoin Shows Local Bottom Signals: Analysts suggest that Bitcoin is showing local bottom signals as miners enter capitulation phase. (Source: https://coinatory.com/cryptocurrency-news/ ). What do you think about these?
Have you heard about Pi? It is a new crypto in making. Pi is a new digital currency developed by Stanford PhDs, with over 55 million members worldwide. To claim your Pi, follow this link https://minepi.com/ShekharShares and use my username (ShekharShares) as your invitation code. Once done with registration, you will have to transition to the mainnet. You can contact me if you need help in doing this. #Pi
Solve this crypto puzzle There is a token that was at USDT 3.18 on 25-Jan and went up to USDT 5.98 on 30-Jan. If someone would have bought on 25th Jan at lower level and sold on 30th Jan at higher level then that someone would have made 88% Which crypto token is this? Note: This is NOT an investment advise. Please do your own research (DYOR) before investing your own money. #crypto #puzzle #USDT #cryptocurreny
Solve this crypto puzzle There is a token that was at USDT 3.18 on 25-Jan and went up to USDT 5.98 on 30-Jan. If someone would have bought on 25th Jan at lower level and sold on 30th Jan at higher level then that someone would have made 88% Which crypto token is this? Note: This is NOT an investment advise. Please do your own research (DYOR) before investing your own money. #crypto #puzzle #USDT #cryptocurreny
Yesterday (9 Dec 2024), the crypto market experienced a significant crash due to a combination of factors:
Bitcoin’s Price Drop: Bitcoin, which had recently reached an all-time high of $103,900, fell sharply to around $94,000. This drop triggered a broader sell-off across the market.
Massive Liquidations: Over $1.7 billion in leveraged positions were liquidated, adding to the downward pressure.
Market Sentiment: The inability of Bitcoin to maintain its price above the $100,000 mark created a psychological barrier, leading to increased selling pressure.
Strategic Sales: Significant sales by major holders, including the government of Bhutan and Justin Sun, further fueled the market’s decline.
Security Concerns: The hacking of the official Cardano Foundation account added to the climate of distrust and uncertainty.
These factors combined to create a volatile environment, leading to a widespread crash in cryptocurrency prices.
Binance Square will share commission with Content Creators
Hello Folks, have you read this update from Binance that "Write to Earn" can be activated in your profile in simple steps. All you need is to have a Binance Square profile and an avatar. Then all you have to do is to register and post content about your favourite coin like #BTC or #ETH or any other coin that you like. This inspires me to start my writing spree on Binance Square. I wanted to write about coins, their inception and the problem that they are built to solve. But, I stopped after posting just two posts because that was consuming time and there was nothing to earn there earlier. But now I am thinking of starting again. Just got some motivation. It looks like Binance Square will share commission with the content creators like me. You may like to add your thoughts in comments or share this update further for the benefit of the community. All the best.
My first post (pinned on profile) received 7 likes and 66 views on Day 1 and now I have 6 awesome followers. Though my both set criterion are not yet achieved. What are two set criterion? 0.05 USDT cumulative tip and suggestions on next coin in comments So please tip & suggest next coin.
But day 1 performance caused a ripple so I choose ripple to start with. I will write 3 posts on Ripple (XRP). FIRST POST, this one, will just scratch the surface and give very basic information on the coin. SECOND POST will discuss the solution that is served by XRP. THIRD POST will have argumentative comparison between XRP and BTC.
And all this needs effort, so send in your tips to keep me motivated on the task.
So here is Ripple Post-1/3
Name of the coin: Ripple
Label of the coin: XRP
Issue date: 2 Feb 2013
Official webpage: https://xrpl.org/ (XRP Ledger)
Total supply of the coin that will ever exist: 100 B XRP*
Total supply of the coin in circulation: 54.21 B XRP*
All time high: $3.8419 (4 Jan 2018)*
All time low: $0.002802350092679 (07 July 2014)*
Current (when this post is getting composed)XRP / USDT: 0.5683*
(* Data from Binance)
(All time high) / (All time low) ratio: 1,370.95647
Which means $1 worth of XRP on 07 July 2014 would have the total worth of $1,370.95647 on 4 Jan 2018. This matters since (All time low) was before (All time high)
Current / (All time low) ratio: 202.794077
Assuming 1 USDT = $1, $1 worth of XRP on 07 July 2014 would have the total worth of $202.794077 at present (7 Jan 2023).
Current / (All time high) ratio: 0.1479216
Again assuming 1 USDT = $1, $1 worth of XRP on 4 Jan 2018 would have the total worth of $0.1479216 at present (7 Jan 2023).
So entry time matters.
We have established the basics on XRP in this post. Stay tuned for SECOND POST to discuss the solution served by XRP. And again, help me satisfy the 2 set criterion. Tip and Suggest!!!
Happy Reading, Happy Learning and Happy Investing... Good day ahead... This is ShakesWriteCoins signing off for now :))))