Saudi Arabia to Accept Digital Currency and Multiple Currencies for Oil Sales…
In a groundbreaking move set to transform the global energy market, Saudi Arabia has announced plans to accept digital currency for its oil sales. This unprecedented decision marks a significant shift from the traditional reliance on the US dollar and is expected to have far-reaching implications for the global economy. The Kingdom's adoption of digital currency aims to modernize its financial system, enhance transaction efficiency, and attract a broader range of international buyers.
In addition to this revolutionary step, Saudi Arabia will now sell oil in multiple currencies, including the Chinese RMB, Euros, Yen, and Yuan, instead of exclusively in US dollars. Experts believe this strategic pivot could accelerate the adoption of digital currencies worldwide and reshape financial dynamics within the oil industry. By embracing this innovative approach and diversifying its currency options, Saudi Arabia is positioning itself at the forefront of the digital economy, potentially setting a new standard for international trade. This development underscores the Kingdom's commitment to economic diversification and technological advancement as part of its Vision 2030 initiative.
Bitcoin is projected to reach $100,000, and Ethereum is expected to hit $10,000.
Altcoins are anticipated to double in value within a day, and meme coins are poised to achieve billion-dollar market caps. All of this is predicted to occur in the next few months.
Prepare for what could be the biggest bull market in cryptocurrency history.
Spend less, save money, and invest as much as you can…..$BTC $ETH $SOL
#moonbix Binance Moonbix offers a fun and simple way to earn crypto while playing a space adventure game. Available on Telegram, Moonbix allows players to pilot spaceships and collect valuable items with a claw tool, competing for top scores in 45-second rounds. Points earned from these rounds can translate into real-world crypto rewards, including potential airdrops of the $MBIX token.
Democratic U.S. presidential candidate Kamala Harris is focusing on cryptocurrency as part of her "opportunity economy" agenda. During an Oct. 14 speech to Black entrepreneurs in Erie, Pennsylvania, she plans to discuss supporting Black-owned businesses, cryptocurrency regulation, and federal marijuana legalization. Harris aims to appeal to Black male voters by promoting policies that help them build wealth, including protecting cryptocurrency ownership. Her stance on crypto has evolved, with some seeing her as a pro-crypto candidate willing to work on bipartisan regulations for digital assets. #BinanceSquareFamily #kamalaharis #bitcoin☀️ #Write2Earn!
In a bold move that could reshape both his political and financial future, Donald Trump has launched World Liberty Financial (WLFI), a groundbreaking cryptocurrency project that has garnered widespread attention. The WLFI token, now available for live sale on its website, promises to empower individuals with a decentralized financial ecosystem outside of traditional banking systems. Designed to put financial control back into the hands of the people, this initiative could become a massive game-changer.
As anticipation grows, many speculate that the token might have a significant impact on Trump's campaign, with some viewing it as a potential electoral boost, while others caution that it could invite legal scrutiny. The structure of the WLFI token allocates 20% to the Trump family and founding team, which has raised eyebrows among critics, including notable figures in the crypto space like Anthony Scaramucci. Despite these concerns, the project’s advisors, including crypto experts, are confident that it will be a huge success DECRYPT The live sale can be accessed at WLFI official site, where investors and enthusiasts can learn more about the token’s roadmap, team, and vision. Whether this becomes a major political and financial turning point remains to be seen, but one thing is certain—World Liberty Financial is aiming to make a big splash in both the DeFi and political arenas.
Bitcoin’s Path to a Potential $150,000 All-Time High📈 Bitcoin's price trajectory is capturing attention as veteran trader Peter Brandt suggests it could follow a "perfect script" leading to a peak of $150,000 in this market cycle. This bullish outlook emerges despite recent market volatility and mixed investor sentiment regarding sustainability.
Key Factors at Play 🔑
Several elements could influence Bitcoin’s ascent:
Institutional Interest: Growing adoption by institutional investors is driving demand, bolstering Bitcoin's credibility as a viable asset class . Market Resilience: Recent price corrections are viewed as healthy, potentially setting the stage for a stronger rally
Economic Conditions: With rising inflation and currency instability, many investors are looking to Bitcoin as a hedge, further increasing its appeal . While skepticism remains, the combination of bullish patterns, institutional backing, and economic factors could pave the way for Bitcoin to achieve significant highs in the near future. For more insights, check out the full articles on Cointelegraph and other crypto news platforms.
Taiwan Set to Launch Bitcoin Custody Services in 2025.
Taiwan is making strides toward embracing digital assets by planning to roll out Bitcoin custody services through local banks starting in 2025. The Financial Supervisory Commission (FSC) will start accepting applications from financial institutions in the first quarter of next year, signaling a move towards a more regulated and secure digital asset framework. This initiative aims to create a safer environment for investors, mitigate risks, and encourage institutional participation in Taiwan's evolving crypto market.
With this move, Taiwan is positioning itself alongside other financial hubs like Hong Kong and Singapore, which have been proactive in integrating crypto regulations. By allowing banks to offer secure custody solutions, Taiwan aims to boost investor confidence, attract fintech innovation, and establish itself as a regional leader in the digital asset space. The pilot program is expected to serve as a foundation for broader crypto regulations and investment options in the coming years.#bitcoin☀️
Is Peter Todd Really Satoshi Nakamoto? HBO’s Latest Documentary Raises Eyebrows 👀
The mystery of who created Bitcoin has taken another twist. HBO’s latest documentary has thrown Peter Todd—a respected Bitcoin Core developer—into the spotlight as a potential candidate for the elusive Satoshi Nakamoto. Todd has been deeply involved in the Bitcoin community, making key contributions to the protocol’s development, but he’s always denied being Satoshi. So, why does HBO think otherwise? The documentary points to Todd’s technical expertise and influence during Bitcoin’s early days a
Pi Coin’s Potential: Why Early Investors Are Betting Big Before Its Official Launch.
Pi Coin has been attracting significant attention lately due to a few large-scale investments and promising forecasts. Only three major investors have put in a massive $15.1 billion, signaling strong confidence in the coin’s potential. This amount is just the start, as many more investors are prepared to jump in once Pi is officially listed. Out of its total supply of 100 billion coins, only 7 to 9 billion will initially be available in the market, which is expected to influence its price dynamics significantly. Current projections suggest that Pi Coin will start trading at $3 or more, with the potential to surge 5x to 7x after launch. Research from CoinMarketCap even suggests that Pi could hit $24 within the first week of its mainnet release. This explains why some investors are willing to buy Pi at a high price before its official listing—they are confident in its future growth. These early adopters, or "bulls," are betting on its success and willing to take the risk for potentially high rewards. With strong investment backing and a limited supply, Pi Coin is shaping up to be one of the most closely watched projects in the crypto space. #PiNetworkMainnet
Global markets are on high alert as geopolitical tensions between Iran and Israel escalate, sending shockwaves through the financial landscape. This uncertainty has disrupted investor confidence and led to a dip in Bitcoin, which has seen a 7-day trading range between $60,047 and $66,304. The flagship cryptocurrency, often viewed as a risky asset, is experiencing heightened volatility as traders navigate the uncertain environment.
Reflecting this shift in sentiment, the Crypto Fear & Greed Index has fallen sharply from a "Greed" level of 64 just a week ago to "Fear" at 41. The index, which measures market psychology, highlights the growing anxiety among investors as they brace for potential spillover effects from the conflict. With market participants turning cautious, the broader crypto market is showing signs of weakness, raising concerns about further instability if tensions continue to escalate.
When Bitcoin was created in 2009, the world wondered: Who is Satoshi Nakamoto? They searched high and low, hoping to uncover the mind behind this revolutionary currency. But the truth is, Satoshi was never just one person.
Satoshi was the shared vision of many: a coder in Tokyo, a cryptographer in Switzerland, a mathematician in Russia, and a poet in Brazil. They came together online, united by a dream—to build a currency free from control, one that could empower people around the world.
Instead of seeking fame, they chose to hide behind a name: *Satoshi Nakamoto*. With time, the original creators vanished, but Satoshi’s spirit spread. Every developer who built on the code, every activist who fought for decentralization, and every believer in a better financial system carried the torch.
Today, when people say, “We are all Satoshi,” they speak the truth. Satoshi isn’t a person—it’s a movement, a shared idea that lives on in everyone who believes in freedom and change.
And so, Satoshi Nakamoto is not missing. Satoshi is everywhere. #WeAreAllSatoshi
Altcoins Set to Benefit from Donald Trump's Pro-Crypto Policies…
Donald Trump's new pro-crypto policy could signal a big market opportunity. With the 2024 bull market underway, some cryptocurrencies might see significant growth. This article highlights which coins could benefit the most from these changes. Get ahead of the competition and discover the best picks before they rise.
NEAR Protocol Price Review: Potential for Growth NEAR Protocol ($NEAR ) is currently trading between $5.92 and $7.48, with resistance at $8.38 and support at $5.25. While the price is down 17.04% over the past week and 10.65% over the past month, it has increased 165.15% over the past six months. The RSI is neutral at 50.68, and the Stochastic is high at 89.88. NEAR is in a correction phase but shows potential for future growth.
Hedera ($HBAR ) Price Trends and Forecasts Hedera (HBAR) is currently trading between $0.08 and $0.10. The price has declined by 14.33% in the last week and 18.93% in the last month, but it has increased by 5.74% over the past six months. The RSI is at 53.68 and the Stochastic is high at 89.62, indicating mixed signals. The nearest resistance is at $0.12 and support at $0.07. The price may stabilize before making any major moves.
Sorry for All Newcomers Hoping to Profit from the Promised Bull Run
In the world of cryptocurrency, the promise of imminent bull runs has become a recurring narrative, enticing new investors with visions of substantial gains. However, many of these hopefuls have found themselves ensnared in a web of unmet expectations and declining market values. Since April, the crypto community has been awash with predictions of surging prices, yet the overall market has largely contracted since March, with some assets witnessing significant declines dating back to last year.
The crypto market, often lauded for its potential to democratize finance, has instead revealed a darker side characterized by fraud and injustice. The structure of this volatile market seems to disproportionately benefit the wealthy and those who wield significant control over the coins. These insiders reap profits at the expense of ordinary investors, many of whom have staked their life savings in the hopes of securing a comfortable retirement. Despite persistent bull run rhetoric since May, the reality has been a steady backward slide, leaving countless individuals disillusioned and financially wounded. The situation underscores a critical need for greater transparency and regulation to protect the interests of all market participants, not just the elite few.
Cryptocurrency market crashes can occur due to a variety of factors, often intertwined and occurring simultaneously. Key reasons include: 📉📉📉
Regulatory Actions: Government regulations or bans on cryptocurrency can create uncertainty and fear, leading to sell-offs. For instance, China's crackdown on cryptocurrency mining and trading significantly impacted the market.
Market Sentiment: Negative news, such as high-profile hacks, fraud, or major sell-offs by large holders (whales), can lead to panic selling. Media coverage can amplify these effects.
Technological Issues: Security breaches, such as exchange hacks or vulnerabilities in blockchain protocols, can undermine confidence in the market.
Macro-Economic Factors: Broader economic events, such as changes in interest rates, inflation, or a global financial crisis, can influence investor behavior, as cryptocurrencies are often viewed as high-risk assets.
Market Manipulation: The relatively unregulated nature of the crypto market can make it susceptible to manipulation, such as pump-and-dump schemes, which can cause rapid price changes.
Speculative Bubbles: Rapid price increases driven by speculation rather than fundamentals can lead to bubbles. When these bubbles burst, significant price corrections occur.
Historical crashes include:
2013-2014: Bitcoin dropped from around $1,150 to below $200 following the Mt. Gox exchange hack and subsequent bankruptcy.
2017-2018: Bitcoin peaked near $20,000 in December 2017, then fell to around $3,200 by December 2018, driven by regulatory concerns and speculative excesses.
May 2021: A combination of factors, including Tesla suspending Bitcoin payments and China's renewed crackdown, caused Bitcoin to drop from around $60,000 to below $30,000.
👉Understanding these factors can help anticipate potential market volatility, though predicting exact timings and impacts remains challenging.
What is Flux? 📈📈📈 Flux is a decentralized computational network designed to support the creation, management, and monetization of scalable and interoperable applications. It's designed to be the backbone of the Web 3.0 revolution, providing infrastructure for decentralized cloud computing.
🟦Key Features of Flux Token Decentralized Cloud Infrastructure: Flux provides a decentralized alternative to traditional cloud services, enabling developers to deploy applications without relying on centralized servers. This increases security and reduces the risk of censorship.
🔴Interoperability: Flux is designed to work seamlessly with various blockchain networks, enhancing the flexibility and utility of decentralized applications (dApps).
🔴Scalability: The Flux network can handle a high volume of transactions and computational tasks, making it suitable for large-scale applications.
🔴Ecosystem Support: Flux supports a wide range of dApps, from finance and gaming to social media and more, fostering a diverse and vibrant ecosystem.
🟦Benefits of Investing in Flux Token Growth Potential: As the demand for decentralized cloud services grows, the value of Flux tokens is likely to increase.
🔴Staking Rewards: Flux holders can stake their tokens to earn rewards, incentivizing long-term holding and participation in network governance.
🔴Utility in the Ecosystem: Flux tokens are used to pay for services within the Flux ecosystem, such as deploying applications and accessing computational resources.
☑️Conclusion Flux Token is at the forefront of decentralized cloud computing, offering a robust and scalable infrastructure for the Web 3.0 era. Its potential for growth, coupled with staking rewards and broad utility, makes it an attractive investment opportunity for those interested in the evolving landscape of decentralized finance and cloud services. $FLUX
-Cryptocurrency offers a promising investment opportunity, even for those with a modest budget. Here’s how to start investing wisely.
Start Small -Allocate a small portion of your pocket money to minimize risk while gaining market experience. Small investments today could grow significantly over time.
Choose a Trustworthy Exchange -Select a reliable platform like Binance for its security and user-friendly interface, ensuring the safety of your funds and access to various cryptocurrencies.
Focus on Top 100 Coins -Invest in cryptocurrencies within the top 100 by market capitalization, such as Bitcoin (BTC) and Ethereum (ETH) and top Alt coins. These coins typically have higher liquidity and market adoption.
Research Thoroughly -Investigate each cryptocurrency’s whitepaper, use case, team, and technology before investing. Thorough research helps in making informed decisions.
Avoid Pump and Dump Schemes -Stay away from schemes that artificially inflate prices. Approach investing with a long-term perspective and avoid treating it as a get-rich-quick endeavor.
Stay Informed -Keep up with the latest news, market trends, and regulatory changes. Being well-informed helps you identify new opportunities and make better investment choices.
Binance has announced the addition of IO.NET (IO), a decentralized AI computing and cloud platform, to its Launchpool. Starting on June 7, 2024, users can stake their BNB and FDUSD tokens to earn IO tokens over four days. This gives users a chance to participate in the growth of this new and innovative project.
After the farming period ends, IO tokens will be listed on Binance on June 11, 2024. Trading pairs will include IO/BTC, IO/USDT, IO/BNB, IO/FDUSD, and IO/TRY. Notably, IO will be the first token to receive a seed label on the platform, highlighting its importance.
Key details include a total initial supply of 500 million IO tokens, with a maximum supply of 800 million. Users can earn rewards by staking their BNB and FDUSD tokens, with 17 million IO tokens available for BNB stakers and 3 million for FDUSD stakers. The smart contract for IO.NET runs on the Solana blockchain, and KYC is required to participate. This launchpool event offers a great opportunity for users to get involved and earn rewards. #Binance55thProject(IO)
Crypto peer-to-peer (P2P) transactions are becoming popular because they are easy to use and convenient. However, it's important to be aware of the potential risks involved. Scammers can take advantage of P2P transfers by using tricks to manipulate transactions or impersonate trustworthy platforms. Common scams include fake proof of payment, SMS scams, chargebacks, man-in-the-middle attacks, triangle scams, and imposters pretending to be from well-known crypto platforms. To protect yourself, always verify payment receipts directly in your bank account or crypto wallet, avoid third-party payments, communicate only within the P2P platform, and be cautious of offers that seem too good to be true.
To stay safe from these scams, never share personal information or complete transactions outside the P2P platform's official chat. Double-check the details of your counterparties, ensure payments are made using their specified methods, and be wary of any unusual requests. By following these simple precautions and staying vigilant, you can enjoy the benefits of P2P crypto transactions while minimizing the risk of falling victim to fraud.
AEVO's Growth Potential with Binance's Investment 📈📈📈
Binance's investment in AEVO is a strong positive signal, likely to boost the coin's visibility and credibility. Here are key reasons why AEVO might see an upward trend:
Enhanced Credibility: Binance’s backing increases trust and attracts more investors. Increased Liquidity: Listing on Binance boosts trading volume and liquidity, stabilizing price movements.
Market Confidence: Binance’s involvement instills confidence and can create FOMO (Fear of Missing Out) among investors.
Strategic Opportunities: Potential for new partnerships and integrations within the Binance ecosystem.
Development Boost: Additional resources for development and innovation.
Some Low market cap cryptocurrencies with high potential in upcoming Bullrun.📈📈📈
1. Polygon (MATIC) Market Cap: Approximately $8-10 billion Potential: Polygon is a layer-2 scaling solution for Ethereum, providing faster and cheaper transactions. With increasing DeFi activity, Polygon's utility and adoption could surge.
2. Audius (AUDIO) Market Cap: Approximately $500-800 million Potential: Audius is a decentralized music streaming protocol. With growing interest in decentralized content platforms, Audius could see significant adoption among artists and listeners.
3. Celer Network (CELR) Market Cap: Approximately $100-200 million Potential: Celer Network offers layer-2 scaling solutions for various blockchains. Its focus on gaming and DeFi could attract more users and developers.
4. Rarible (RARI) Market Cap: Approximately $50-100 million Potential: Rarible is a decentralized NFT marketplace. As NFTs continue to gain popularity, Rarible could benefit from increased trading volume and new users.
5. Fetch.ai (FET) Market Cap: Approximately $1.8 -2 Billion Potential: Fetch.ai is building a decentralized machine learning network. Its applications in smart cities, supply chains, and autonomous agents could drive significant adoption.
6. Elrond (EGLD) Market Cap: Approximately $4-6 billion Potential: Elrond is a high-performance blockchain focused on scalability and speed. Its unique sharding architecture and growing ecosystem could lead to substantial growth.
7. Chromia (CHR) Market Cap: Approximately $100-200 million Potential: Chromia is a relational blockchain platform for decentralized applications. Its focus on usability and integration with traditional databases could attract many developers.
8. RAMP (RAMP) Market Cap: Approximately $50-100 million Potential: RAMP allows users to unlock liquid capital from staked assets. As more users look to maximize their DeFi yields, RAMP could see increased demand.