Zx_traders

In Binance, a portfolio#Portfolio refers to the collection of all the assets (cryptocurrencies#Cryptocurrencies: and other tokens) that a user holds in their Binance#Binance account. It gives an overview of:

Total balance: The total value of all

your assets combined, usually shown in a base currency like USD or BTC.

Asset breakdown: A list of each coin/

token you own, the quantity, and its current market value.

Performance: Some versions show

profit/loss over time or historical performance of your investments.

Wallets involved: It includes funds

held in different wallets such as Spot#Spot , Margin, Futures#FutureTarding , Earn, etc.

Why Was the MEME Act Proposed?

Some meme coins are used in scams. People can lose a lot of money if they invest in coins that crash or disappear. The MEME Act #MEMEAct wants to stop fraud and give investors better information before they buy.

How Might This Affect Binance?

Binance is one of the biggest crypto exchanges#CryptoExchange in the world. If the MEME Act#MEMEAct becomes law:

Binance may need to be more careful about which meme coins it lists.

It could face new rules or reporting requirements in the U.S.

It might remove some high-risk tokens to follow the law.

What Does the MEME Act#MEMEAct Do?

The MEME Act aims to:

Protect small investors from scams or risky tokens.

Make crypto exchanges like Binance more responsible for listing new coins.

Require more transparency about who creates and promotes these meme coins.

The MEME Act is a new proposed law in the United States. The full name is the Market Efficiency and Market Entry (MEME) Act. It is designed to make cryptocurrency markets safer and more transparent, especially for smaller investors who trade meme coins and tokens on platforms like Binance.

What Are Meme Coin#meme_coin ?

Meme coins are cryptocurrencies that often start as jokes or online trends (like Dogecoin or Shiba Inu). However, they can gain popularity and value quickly. Many of these coins are traded on major crypto exchanges like Binance.

Financial Impact on Investors

While the Trump$TRUMP family and affiliated entities have profited significantly from the $TRUMP coin, many investors have not fared as well. Approximately 764,000 wallets#wallets that purchased the token#Token have lost money on their investment. Critics argue that the coin's structure and promotion resemble a "pump and dump" scheme, raising concerns about market manipulation and investor protection.

#BTCPrediction Bitcoin (BTC): Nearing $100,000

Bitcoin's price has surged to approximately $96,995, approaching the significant $100,000 mark. This increase is driven by investor optimism ahead of the U.S. Federal Reserve's interest rate decision and easing geopolitical tensions. (FingerLakes 1, The Economic time )

Bitcoin (BTC)$BTC : Nearing $100,000

Bitcoin's$BTC price has surged to approximately $96,995, approaching the significant $100,000 mark. This increase is driven by investor optimism ahead of the U.S. Federal Reserve's interest rate decision and easing geopolitical tensions. (FingerLakes 1, The Economic Times)

BTC is now at $97000

BTC is now at $97000, up 0.47% in the past 1H, up 2.76% in the last 24H.

SFP$SFP is now at $0.521

SFP$SFP is now at $0.521, up 2.72% in the past hour, down 0.89% in the last 24 hours.

The U.S. Federal Reserve's Federal Open Market Committee (FOMC)#FOMCMeeting is currently holding its two-day policy meeting on May 6-7, 2025. Markets widely anticipate that the Fed will maintain its benchmark interest rate at the current range of 4.25% to 4.50%, a level held steady since December 2024. (Binance) (0

While no rate change is expected, traders are closely monitoring Fed Chair Jerome Powell's statements for any indications of future monetary policy shifts. A dovish tone could signal potential rate cuts later in the year, potentially boosting risk assets like cryptocurrencies#Cryptocurrencies: . Conversely, a hawkish stance might lead to market pullbacks.()

SFP$SFP is now at $0.509

SFP$SFP is now at $0.509, down 3.05% in the past hour, down 0.68% in the last 24 hours

Bitcoin (BTC)$BTC is trading around $94,183, showing a slight decline of 0.45% over the past 24 hours. Ethereum (ETH)$ETH is priced at approximately $1,796.74, down 1.7%. Altcoins$ALT like XRP and Cardano (ADA) have also seen declines, with XRP at $2.10 and ADA at $0.6581.


(CryptoRank)

The overall market sentiment remains cautious ahead of the U.S. Federal Reserve's upcoming policy announcement. Investors are awaiting signals on interest rate decisions, which could influence risk appetite in the crypto sector. (The Economic Times)