Hi, I’m Asad Farooqi, a crypto enthusiast and content creator, bringing you the latest insights on Binance trading, market trends, and investment strategies.
Advice for prematures NEVER close chat until transaction completed. Please note until and unless if you feel confident that the sender completes his transaction.
Cryptocurrency Criminals Increasingly Evade Detection Across Blockchains
According to PANews, cryptocurrency criminals are employing more sophisticated methods to evade detection by transferring assets across multiple blockchain ecosystems. Data from blockchain analysis firm Elliptic reveals that 20% of complex cross-chain investigations now involve more than ten different blockchains. Additionally, one-third of these investigations involve four or more blockchains, while 27% involve more than five.
Jackson Hull, Elliptic's Chief Technology Officer, noted a significant rise in cross-chain criminal activities over the past five years, attributed to reduced costs and increased options for cross-chain switching. While some individuals transfer assets across crypto ecosystems for non-criminal purposes, Hull emphasized that hackers and criminals frequently use this method to launder money and obscure their tracks.
Elliptic has recently expanded its coverage to support 50 blockchains, enabling investigators using Elliptic software to easily track funds transferred across any supported blockchain. The software also supports tracking through over 300 cross-chain bridges. Hull added that Elliptic can incorporate a new blockchain into its coverage within just three weeks.
SMS scammers impersonating Binance have found an even more deceptive way to trick victims
The Australian Federal Police (AFP) have alerted over 130 individuals about a sophisticated crypto scam where fraudsters spoof Binance's sender ID to send fake security alerts. Victims are tricked into transferring funds to a "trust wallet" controlled by scammers. The scam appears legitimate as fake messages merge with real Binance texts, often containing fake verification codes and fraudulent support numbers. Once funds are transferred, they are quickly moved, making recovery nearly impossible.
Mubarak's Price Plunges Over 37% After Binance Listing.
$MUBARAK Mubarak (MUBARAK) saw a sharp decline of 37.21% in price following Binance's announcement of its community listing vote results. Despite securing a win, the meme coin failed to experience the price surge typically seen by other winners.
At the time of writing, Mubarak is trading at $0.09644, with a 24-hour trading volume of $300.39 million. The token's market capitalization stands at $96.44 million, with 1 billion tokens in circulation.
⭐⭐⭐Trading for free on Binance is challenging because the platform charges fees for transactions. However, you can significantly reduce or eliminate fees using the following methods:
1. Use BNB for Trading Fee Discounts
-Binance provides a 25% discount on trading fees when you pay with Binance Coin (BNB). -Enable this by going to Settings > Use BNB for Fees (make sure you have BNB in your account).
2. Zero-Fee Trading Pairs
-Binance offers zero-fee trading pairs on selected cryptocurrencies (like BTC/TUSD, ETH/BUSD). -Check the latest list on Binance’s “Zero Trading Fee” promotions page.
3. VIP Level Discounts
-High-volume traders (VIPs) get reduced fees. -If you trade large amounts (starting at 1 million USD/month), you can qualify for lower fees or rebates.
4. Referral & Cashback Programs
-Invite friends using your referral link to earn commission kickbacks. -Some promotions offer cashback rewards that help offset fees.
5. Use Futures BUSD Trading
-Binance sometimes offers zero maker fees on BUSD pairs in futures trading. -Look for Binance promotions that waive trading fees.
6. Trade on Binance DEX (Decentralized Exchange)
-Binance’s DEX has lower trading fees compared to the main platform. -However, you need to use BNB for gas fees.
7. Look for Fee-Free Promotions
-Binance occasionally runs events where fees are waived for specific markets. -Stay updated on Binance’s announcement page.
While it’s tough to trade completely free, using BNB, trading in zero-fee pairs, and taking advantage of promotions can help reduce or eliminate fees. #free #FreeBNB
Trump’s announcement of reciprocal tariffs signals an escalation in trade policies, but the surprise element—their potentially mild rates—raises interesting strategic questions. Here’s a breakdown of the possible effects:
1. Cooling Global Trade Tensions?
If the tariffs are set at low or moderate levels, they may act more as a negotiating tool rather than a full-fledged trade war move.
Countries facing these tariffs might view them as manageable and choose diplomacy over retaliation.
This could encourage renegotiations of trade deals on more favorable terms for the U.S. while avoiding economic shockwaves.
2. Sparking New Trade Conflicts?
Even if the tariffs are mild, the act of imposing them could provoke reactions from key trading partners like the EU, China, or Canada.
Some nations might retaliate with their own tariffs or regulatory barriers, leading to a cycle of protectionism.
Investors and businesses might see this as an unpredictable trade environment, leading to market volatility.
3. Domestic and Political Impact:
Tariffs can serve as a strong message for domestic industries, especially manufacturing and agriculture, by positioning Trump as a defender of American businesses.
However, if trading partners respond with countermeasures, industries relying on exports might suffer.
The move aligns with Trump’s “America First” agenda but could have mixed economic consequences.
4. Market Reactions:
If tariffs are lower than expected, markets might see this as a de-escalation signal, leading to stability.
However, if investors fear an eventual escalation, stocks in affected sectors (such as industrials or exporters) could face volatility.
Currency markets might also react, depending on how major economies respond.
FINAL TAKEAWAY: Trump’s "friendly retaliation" approach could be a calculated risk. If executed carefully, it might pressure trading partners into fairer deals while avoiding a full-blown trade war. However, any form of tariff—no matter how mild—carries the risk of retaliation & unintended consequences. $TRUMP
#TrumpTariffs Trump’s announcement of reciprocal tariffs signals an escalation in trade policies, but the surprise element—their potentially mild rates—raises interesting strategic questions. Here’s a breakdown of the possible effects:
1. Cooling Global Trade Tensions?
If the tariffs are set at low or moderate levels, they may act more as a negotiating tool rather than a full-fledged trade war move.
Countries facing these tariffs might view them as manageable and choose diplomacy over retaliation.
This could encourage renegotiations of trade deals on more favorable terms for the U.S. while avoiding economic shockwaves.
2. Sparking New Trade Conflicts?
Even if the tariffs are mild, the act of imposing them could provoke reactions from key trading partners like the EU, China, or Canada.
Some nations might retaliate with their own tariffs or regulatory barriers, leading to a cycle of protectionism.
Investors and businesses might see this as an unpredictable trade environment, leading to market volatility.
3. Domestic and Political Impact:
Tariffs can serve as a strong message for domestic industries, especially manufacturing and agriculture, by positioning Trump as a defender of American businesses.
However, if trading partners respond with countermeasures, industries relying on exports (like farmers or tech companies) might suffer.
The move aligns with Trump’s “America First” agenda but could have mixed economic consequences.
4. Market Reactions:
If tariffs are lower than expected, markets might see this as a de-escalation signal, leading to stability.
However, if investors fear an eventual escalation, stocks in affected sectors (such as industrials or exporters) could face volatility.
Currency markets might also react, depending on how major economies respond.
Final Takeaway: Trump’s "friendly retaliation" approach could be a calculated risk. If executed carefully, it might pressure trading partners into fairer deals while avoiding a full-blown trade war. However, any form of tariff—no matter how mild $TRUMP $BTC
GameStop Bitcoin Reserve: A Bold Leap into Crypto or Just Speculation?
The idea of GameStop accumulating Bitcoin as a reserve asset has sparked curiosity within both the gaming and crypto communities. If true, this move could align GameStop with major corporations like Tesla and MicroStrategy, which have added Bitcoin to their balance sheets as a hedge against inflation and traditional market volatility. By holding Bitcoin, GameStop may be looking to diversify its assets, protect against fiat devaluation, or even integrate cryptocurrency into its business model.
One potential motivation for this decision could be GameStop’s efforts to position itself as a forward-thinking company embracing digital transformation. The company has already ventured into blockchain through its NFT marketplace, and holding Bitcoin could further solidify its role in the evolving digital economy. There’s also speculation that GameStop may introduce Bitcoin payments for games, consoles, and other accessories, catering to a tech-savvy and crypto-friendly audience. Additionally, aligning with Bitcoin could reinforce GameStop’s appeal to retail investors, many of whom have supported the company’s meme-stock surge.
However, adopting Bitcoin as a reserve asset is not without risks. Regulatory uncertainty remains a key challenge, as companies holding crypto often face tax implications and potential scrutiny from financial authorities. Bitcoin’s price volatility could also impact GameStop’s financial stability, especially given the company’s history of stock fluctuations. The biggest question is whether Bitcoin will simply be held on GameStop’s balance sheet or actively integrated into its ecosystem, offering tangible benefits to customers and investors alike.
Regardless of whether this move turns out to be a calculated strategy or just another speculative buzz, the concept of a GameStop Bitcoin Reserve underscores the growing intersection between gaming and cryptocurrency.
This situation is a reminder that personal behavior can impact professional credibility if you're involved in crypto trading here are some key takeaways: 1️⃣ Don't Rely Too Much on Influencers 2️⃣ Avoid Emotional Reactions in Crypto 3️⃣ Build Credibility & Reputation Over Time.
Binance News
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Crypto Influencer Ben Armstrong Arrested After Restaurant Altercation
According to Odaily, well-known cryptocurrency influencer Ben Armstrong, also known as BitBoy, was arrested by police following a confrontation with staff at a Popeyes restaurant. Video footage from the scene shows Armstrong visibly agitated and in a standoff with employees. The exact cause of the altercation has yet to be disclosed by authorities. As a key opinion leader with millions of followers, this incident has sparked widespread discussion within the crypto community.
🟢 Low-Risk & Easy Earning Tricks (Best for Beginners)
1️⃣ Binance Earn (Passive Income)
Use Simple Earn (Flexible/Locked Staking) to earn interest on crypto. Best Coins for Staking: USDT, BNB, ETH, ADA Earnings: 3-12% APY
2️⃣ Binance Referral Program (Free USDT Bonus!)
Refer friends & earn up to 40% commission on their trading fees. Trick: Share your referral link on Twitter, Telegram, YouTube. Earnings: $100+ per month (if many sign-ups).
3️⃣ Binance P2P Arbitrage (Zero Fee Trading!)
Buy USDT at a low price in Binance P2P & sell at a higher price. Example: Buy USDT in PKR, INR, or NGN at a lower rate, then sell in another currency for profit. Trick: Look for price differences in different payment methods.
Driving Mainstream Adoption: Musk’s outspoken support for Bitcoin, Dogecoin, and other cryptocurrencies has played a crucial role in bringing digital assets into mainstream financial discussions. Tesla’s 2021 investment in Bitcoin, for instance, bolstered confidence among institutional investors, further legitimizing crypto as an asset class.
Advancing Crypto Payments: Musk has suggested integrating cryptocurrency transactions into platforms like X (formerly Twitter), which could expand real-world applications for digital currencies and accelerate their adoption in everyday financial transactions.
Stable coins, a category of cryptocurrencies tied to stable assets like the U.S. dollar, have witnessed a surge in adoption. Unlike traditional cryptocurrencies, which can experience extreme price fluctuations, stable coins maintain a consistent value, making them ideal for everyday transactions, remittances, and cross-border payments. Their reliability provides users with a secure and efficient way to store and transfer value without the volatility associated with other digital assets. Additionally, businesses and financial institutions are increasingly integrating stable coins into payment systems, further driving their role in the expansion of the broader cryptocurrency market.
The concept of tokenizing real-world assets, including real estate, artwork, and commodities, is gaining significant momentum. By converting these assets into digital tokens on blockchain networks, investors can participate in fractional ownership, enhancing liquidity and accessibility. This advancement not only democratizes investment opportunities but also streamlines transactions, reducing barriers to entry for a broader audience. As a result, tokenization is transforming traditional asset markets, making them more efficient, transparent, and inclusive.
Regulatory Changes and Growing Institutional Interest
The U.S. Securities and Exchange Commission (SEC) has recently dismissed its lawsuit against Coinbase and ended its probe into Robinhood's crypto operations, indicating a move toward more transparent regulatory guidelines. This newfound clarity is anticipated to encourage greater institutional participation in the cryptocurrency market. $BTC
Binance Alpha Trade (or Binance Alpha 2.0) is a new feature that allows user to trade decentralised (DEX) tokens directly on Binance, without needing an external wallet like MetaMask or Trust Wallet. This means you can access early-stage crypto projects and on-chain tokens with the same ease as trading regular Binance-listed coins.
How It Works:
1. No External Wallet Needed - Use your Binance Spot, Funding, or Binance Pay balance to trade.
2. Access Early-Stage Tokens - Discover new crypto projects before they get listed on major exchanges.
3. Seamless Trading Experience - Buy and sell DEX tokens just like you would with any other Binance assest.