Thai SEC floats allowing crypto products in mutual, private funds
Thailand’s Securities and Exchange Commission is proposing to allow mutual and private funds to invest in crypto products, addressing growing interest from institutional investors. An Oct. 9 proposal from the finance regulator said that funds should be allowed to invest more in crypto exchange-traded funds (ETFs) traded and listed on United States stock exchanges. The proposal would allow securities companies and asset management firms to offer crypto-related products to large investors. “Invest
We Are All Satoshi: What It Means and Why It Matters for the Future of Crypto
In the ever-evolving world of cryptocurrency, one phrase that resonates deeply within the community is "We Are All Satoshi." This phrase celebrates the decentralized, community-driven ethos behind Bitcoin and cryptocurrencies as a whole. But what does it really mean, and why should you care? The Origins of "We Are All Satoshi" Satoshi Nakamoto, the pseudonymous creator of Bitcoin, vanished from public view in 2011, leaving behind a revolutionary technology without a single leader. The phrase “We
PancakeSwap Burns 8.6 Million CAKE Tokens: Price Surge Alert! 🔥 Hey crypto enthusiasts! Exciting news: PancakeSwap has just burned 8.6 million CAKE tokens (around $10 million)! This move is aimed at reducing the token supply and boosting CAKE’s value. 🎯 With this massive burn, the token price has seen a nice surge, and the community is buzzing with excitement! 🎉 Thinking of stacking some CAKE? Now might be the perfect time! 😏
Stars of 2024: Trending Altcoins and Why Are They Trending?
The crypto world is an ever-changing ecosystem. New projects emerge every day, some altcoins stand out and attract the attention of investors. So which altcoins are trending and why are they attracting attention? Here are the notable altcoins of 2024 and the reasons that make them popular! 1. Solana (SOL): Lightning Fast Trading Solana challenges rivals like Ethereum with its low transaction fees and incredible speed. It has become a favorite of investors thanks to its high transaction volume, integration with DeFi (decentralized finance) projects and NFT markets. The combination of speed, scalability and low cost are among the most important factors that make Solana a trend in 2024.
MicroStrategy’s 18,300 Bitcoin Purchase: Why Are Institutional Investors So Important?
In the cryptocurrency world, attention has once again turned to MicroStrategy’s massive Bitcoin purchase on September 13. The company bought 18,300 Bitcoins on that date, bringing its portfolio to a massive 152,800 Bitcoins. So why is this move so important for crypto markets? Who Is MicroStrategy and Why Is It Buying Bitcoin? MicroStrategy, in addition to being a company that produces software and business intelligence solutions, has been prominent in recent years with its Bitcoin accumulation strategy. The company's CEO, Michael Saylor, advocates the view that Bitcoin is digital gold and aims to protect against inflation by investing the majority of the company's reserve assets in Bitcoin.
Binance MoonBix is an innovative rewards and loyalty program offered by Binance and designed to attract crypto users. MoonBix stands out as an app that allows users to earn rewards by completing various tasks. Airdrops, rewards, and more can be easily obtained with this app. You can enter Moonbix via Telegram. What are the Advantages of Binance MoonBix? Completing Tasks and Earning Rewards: Binance MoonBix allows users to complete daily tasks. Tasks can include trading, watching educational content, or investing in specific crypto assets. Completing tasks earns rewards and points.
The Impact of Fed Interest Rate Decisions on Cryptocurrency Markets: What Investors Need to Know
One of the important economic indicators that cryptocurrency investors pay close attention to is the interest rate decisions of the US Federal Reserve (Fed). So, how do Fed interest rate decisions affect cryptocurrencies? The answer to this question can guide your investment decisions in the crypto world. What Happens If the Fed Increases Interest Rates? When the Fed raises interest rates, it increases borrowing costs in the market. This can reduce investors’ interest in risky assets. Since cryptocurrencies are generally considered riskier investments, demand for these assets may decrease during interest rate hikes. The main reasons for this are:
Here are the main ways Binance users can earn passive income through various methods: 1. Binance Earn Binance Earn is a platform that allows users to earn interest using their crypto assets. It offers a variety of investment options: Flexible Savings: Think of your crypto assets as a savings account that you can withdraw whenever you want. Binance offers flexible savings and daily interest rates. Fixed Savings: You lock your crypto assets for a set period of time and are rewarded with higher interest rates. However, assets cannot be withdrawn until maturity.
Crypto airdrops refer to the free distribution of a specific cryptocurrency among users. In the Binance ecosystem, such airdrops allow users to discover new projects while also offering various benefits. Airdrops are usually targeted to users who meet certain conditions or to loyal Binance users.
Airdrop Types and Examples on Binance 1. Standart Airdrop: In this type of airdrop, eligible users receive tokens without any action. For example, Binance occasionally airdrops random tokens to its users. A good example is the free distribution of Bitcoin Diamond (BCD) tokens to Binance users in 2022.
Binance provides extensive support for GameFi projects that bring together the blockchain and gaming worlds. One of the prominent projects is Catizen, a game powered by Binance Labs that reaches millions of users with a “tap-to-earn” model. However, Binance’s support for GameFi projects is not limited to these. Here are other notable projects in the Binance ecosystem:
StarSharks: This game, which runs on Binance Smart Chain (BSC), lets players battle NFT-based sea creatures. Players can earn income by trading their in-game assets.
Binance Pay is a digital payment system offered by Binance. In short, it allows users to easily pay with cryptocurrencies.
1. What is Binance Pay? Binance Pay is a tool that lets you pay anyone or business in the world with cryptocurrency. Think of a digital payment method like a debit card or PayPal, but using cryptocurrencies.
2. How Does It Work? If you have a Binance account, you can send payments to someone else using your cryptocurrencies there. This person can be anywhere in the world. Similarly, you can receive payments from others in cryptocurrency. In other words, sending and receiving money is done through this system.
WBETH (Wrapped Beacon ETH) can be an option for investors looking for direct exposure to Ethereum (ETH) as an investment vehicle on the Binance platform. WBETH is a derivative product based on Binance's#ETH2.0 staking service. In other words, by buying #WBETH, you can benefit from the increase in the#ETHprice and earn staking rewards on the Ethereum network.$
1. Staking Rewards: When you hold WBETH on Binance, you can benefit from Ethereum staking rewards. These rewards are derived from the staking process of the ETH network.
2. Liquidity: webth has high liquidity on Binance. Compared to other cryptocurrencies, it is easy to trade.
3. ETH Price Increase: The increase in the price of Ethereum will directly reflect on the value of WBETH, which can be attractive for long-term investors.
4. Circulation Availability: Unlike eth stakers, you do not have to lock your webth tokens. You can use them in circulation to make other transactions and investments.
Risks:
1. Price Fluctuations:#ETHand its derivatives are subject to the general volatility of the crypto market. The value of will also fluctuate depending on the price of #ETH.
In order to earn interest on Binance, the amount you deposit, interest rate and term are taken into account. While daily earnings may be small in flexible accounts, high returns can be achieved over a longer period in fixed term accounts and staking options.
Example:
When you invest 10,000 BUSD and open an account with a fixed interest rate of 10% per year, you will earn 1,000 BUSD interest annually.
Guide to Earning Dollar Interest on Binance (2024)
In the crypto world, you can earn income not only by trading but also by earning interest. Binance is one of the largest crypto exchanges that offers its users the opportunity to earn interest in dollars. So, how to earn dollar interest on Binance?
1. Binance Savings (Binance Savings Account) Binance Savings is a platform that allows users to earn interest by depositing their stablecoins (BUSD, USDT). You can deposit your money with flexible or fixed options and start earning interest daily.