Exciting news for $FLOKI holders: A major airdrop is on the way! The Floki Inu team, known for their meme coin on both BNB and Ethereum, has announced an upcoming airdrop of Simon's Cat token ($CAT) for $FLOKI holders on Binance. A substantial 10% of the total $CAT supply is allocated for those who held $FLOKI on Binance as of the snapshot on August 29th at 23:59 UTC.

What does this mean for $FLOKI holders? Based on my calculations, if you owned $FLOKI at the time of the snapshot, you might receive around 0.5 $CAT for every $FLOKI you hold. However, this estimate could change, as airdrops to market makers and other non-user wallets are excluded, potentially adjusting the ratio to around 0.6 $CAT per $FLOKI.

The exact distribution details will be confirmed by Binance in 2-3 weeks. Stay tuned for updates, and if you found this information useful, don’t forget to like and follow!
#BinanceTurns7 #BullBanter #CPI_BTC_Watch #TelegramCEO #LowestCPI2021

Share your thoughts on any coin pair with the hashtag #BecomeCreator for a chance to win a portion of $5,000 in BNB token vouchers. This is your chance to become a Binance Square creator!

Also, show your support for your favorite creators by voting daily in the Binance Square Creator Awards. By voting, you can unlock a share of $10,000 in trading fee rebate vouchers.

Find out more about the Binance Square Creator Awards 2024 promotions and start participating today!
#BinanceSquareFamily

Binance’s dedication to enhancing security through significant investment in resources, talent, and effort is unmatched. If you’re wondering, "Why Binance?" this commitment to prioritizing user safety and industry integrity is a key reason.
#BinanceSquareFamily

In the first seven months of 2024, Binance prevented potential user losses amounting to $2.4 billion. This achievement was made possible through a combined strategy of AI and manual reviews, enabling rapid detection of suspicious transactions and swift protective measures for users.
#AirdropBinance #CryptoMarketMoves

🧐💰🇮🇳 Looking to convert Bitcoin or other cryptocurrencies into cash in India? You can definitely do so! Here’s what you need to keep in mind:

- **Tax Considerations:** Be prepared for a 30% tax on gains and a 1% Tax Deducted at Source (TDS) when converting crypto to INR.
- **Processing Time:** Withdrawals can take several days, depending on the platform and method used.
- **Fees:** Watch out for any withdrawal fees imposed by exchanges or other platforms.
- **Market Volatility:** Cryptocurrency prices can fluctuate rapidly, so the amount of cash you receive may vary.
- **Security:** Ensure you use reputable and secure platforms for your transactions.

🚀 Ready to cash out? Keep these factors in mind for a smoother process!

Your support helps us continue providing valuable investment advice. ❤
#MarketDownturn #BinanceTurns7 #Write2Earn! #BTC☀

Bitcoin and other cryptocurrencies were not mentioned during the Trump-Musk interview on X Space. At one point, bettors had predicted there was a greater than 60 percent chance that Trump would discuss digital assets.
#DonaldTrumpCoin #bitcoin☀️

Bitcoin has seen a sudden surge, potentially setting up a trap. This move to the $62,300 mark might lead to a reversal, possibly dropping back to $59,500. With the RSI overbought and funding rates now positive, it suggests traders using high leverage could be getting trapped. Stay cautious and watch for potential market shifts.
#MarketDownturn #BinanceTurns7 #BTC☀ #Write2Earn!

**Big Interview Buzz: What Happened with Trump and Musk? 🤔**

The crypto community was abuzz as Donald Trump appeared for an interview with Elon Musk on X (formerly Twitter). With over a million listeners, many expected a discussion about cryptocurrency. However, the conversation skipped crypto entirely, focusing instead on politics and social issues. The interview was also marred by a massive DDoS attack on the platform, frustrating many listeners.

Sometimes, even the most anticipated events can take unexpected turns. Were you hoping for a crypto discussion? Share your thoughts! 💬

#CryptoBuzz #Write2Earn! #ElonAndTrump #BinanceUpdates #CryptoCommunity

Attention Binance Square Community,

We're thrilled to announce an upcoming Live Audio Session on the topic: "The Role of AI in Crypto Trading."

📅 Date: August 14, 2024
🕙 Time: 10:00 UTC - 11:00 UTC
📍 Platform: Binance Square Official

Join us to discover how AI is reshaping crypto trading. Gain insights, participate in discussions with experts, and have a chance to win $100 in giveaways!

Make sure to follow our account to receive a reminder about this event. Stay tuned for more details tomorrow.

Don't miss out—join us to expand your crypto knowledge!
#BinanceSquareFamily

Posting pornographic, sexually graphic images, or explicit content intended for sexual gratification is not allowed and may lead to content removal or account suspension. For further details, refer to the Binance Square Community Management Guidelines. Disclaimer: This may include third-party opinions, is not financial advice, and may feature sponsored content. See terms and conditions.

Bitcoin briefly touched $60K but was pushed back down to $59K by bearish pressure. As predicted, a pullback to $57K seems likely. This week’s news could either impact the market significantly or just cause some liquidity shifts. #CryptoMarketMoves #WBTCUnderScrutiny #MarketDownturn #SahmRule #BlackRockETHOptions

Binance has announced it will delist six cryptocurrencies from its platform, effective August 26, 2024, at 06:00 (UTC). The affected assets are PowerPool (CVP), Ellipsis (EPX), ForTube (FOR), Loom Network (LOOM), Reef (REEF), and VGX Token (VGX).

The trading pairs for these tokens will also be removed, including CVP/USDT, EPX/USDT, FOR/BTC, FOR/USDT, LOOM/BTC, LOOM/TRY, LOOM/USDT, REEF/TRY, REEF/USDT, and VGX/USDT. Deposits for these tokens will be suspended starting August 27, 2024, at 03:00 (UTC), and withdrawals will cease on November 26, 2024, at 03:00 (UTC). Binance has also stated that any remaining balances not withdrawn by November 27, 2024, will be converted to USDT.
#CryptoMarketMoves #BTC☀

Binance, the world's leading cryptocurrency exchange by trading volume, announced today that it has delisted six altcoins, including PowerPool's CVP. The delisting decision, effective from August 26, 2024, caused a significant drop in the value of these assets.

In response, the PowerPool team issued a statement expressing their surprise at the decision, noting that Binance had not provided specific reasons for delisting CVP. They emphasized their commitment to maintaining communication with Binance's post-listing team and detailed their efforts to meet all requested updates and reports. Despite their attempts to address any concerns and arrange a meeting with Binance, their efforts were met with delays and lack of response.
#BinanceSquareFamily

#BTC Breaking... Big Opportunity for Investors**Dear members,As anticipated in my previous update, Bitcoin ($BTC) is expected to decline in the coming hours. Should the price drop below the $57,800 support level, consider going short. The initial target is $55,318.37, followed by $51,882.71. Set your stop loss at $59,800.02 to minimize potential losses. If Bitcoin continues to fall, sellers could see substantial gains. Enter the trade if Bitcoin breaches the support level.**
#BTC☀ #bitcoin☀️ #CryptoMarketMoves

🇺🇸 Tonight at 03:00 Turkish time, Donald Trump and Elon Musk will host a live broadcast on X. 🗣️Donald Trump: "We’re set to have the most outstanding interview of the past hundred years with Elon Musk."
#DonaldJTrump

**Upcoming Bullish Surge: Top 3 Altcoins to Watch**

📅 **Buy Signal Alert:** 12:00 AM UTC, August 12, 2024

1️⃣ **Potential Gains:** One of the altcoins on this list could see a price increase of 10% to over 30% within the next 48 hours. Previous recommendations have delivered over 15% gains in just 48 hours. These coins are also featured in my VIP signal list, highlighting the top performers.

2️⃣ **Algorithm-Based Selection:** An AI-driven algorithm has identified these coins based on significant whale investments on Binance over the last 24 hours. Coins ranked from 1 to 5, marked in yellow, are projected to rise by at least 10% to 40% in the next 48 hours.

3️⃣ **Pattern Analysis:** We first identify harmonic patterns in these coins.

4️⃣ **Investment Trends:** We then examine which coins have seen major whale investments and high trading volumes on Binance.

5️⃣ **Optimal Entry Points:** Support and resistance levels are analyzed to determine the best entry points.

6️⃣ **Timely Results:** My signals typically show results within 48 hours. Review the previous day’s list for additional profit opportunities. Detailed information is available for those seeking returns of 10% to 40% within 24 hours.

7️⃣ **Investment Strategy:** For those planning to invest, consider taking a long position based on this list and your own research.

👉 **Get Free Signals:** Discover the Top 3 bullish altcoins likely to rise in the next 48 hours. [Click here for details]

#MarketDownturn

**How to Mine 1 Bitcoin in 2024**

Bitcoin mining is likened to extracting natural resources because there’s a limited supply—only 21 million Bitcoins can ever exist, with over 19 million already mined. As more miners enter the network, mining difficulty rises. While you could mine 200 Bitcoins with a personal computer back in 2009, using a standard 2024 computer, it would take about 91,324 years to mine just one Bitcoin. This challenge has led to the development of ASIC miners, which are specialized, high-powered machines designed for Bitcoin mining.

Currently, you would need around 9,090 ASIC miners and about 10 minutes to mine one Bitcoin block, but mining a full Bitcoin alone would still take months.

So, can you mine 1 Bitcoin by yourself? It’s highly inefficient due to the network’s increased difficulty. Even with powerful ASIC miners, mining a block solo is unlikely. Instead, joining a mining pool, where multiple miners combine their computational power, increases the odds of earning a share of the block reward more consistently. This approach provides smaller, more frequent payouts rather than waiting a long time to mine an entire block alone.
#Bitcoin❗ #EarnFreeCrypto2024

Looking to capitalize on market fluctuations? Consider buying and holding USDT. Here’s why it could be a smart move:

1. **Market Downturn:** In a falling crypto market, many investors turn to USDT, preparing for bearish conditions.
2. **Rising Demand:** This increased demand can push up the price of USDT.
3. **Liquidation Effects:** After a market dump, USDT’s value may drop due to liquidation and other factors.
4. **US Dollar Strength:** As USDT is pegged to the US Dollar, its value often rises when the dollar strengthens.

By holding USDT through these phases, you can potentially benefit from the increased demand and subsequent price rises. It’s a strategic way to navigate market volatility.
#BTC☀ #USDT。

The Binance post highlights two bearish scenarios for Bitcoin. First, Warren Buffett's strategy of cashing out before a major market crash, as he did in 2020, suggests he might be preparing for a downturn again. Second, a potential death cross on the daily time frame is approaching, which could indicate a bearish trend. If Bitcoin fails to reclaim $63,000 soon and geopolitical tensions such as the Israel-Iran conflict escalate, Bitcoin might drop to $40,000 or even lower. This is the author's initial bearish analysis, emphasizing that market conditions can change unpredictably.
#$ETH #$ALT

The crypto market has experienced a notable correction ahead of the expected bull run. This steep decline is partly attributed to regulatory missteps by the US Federal Reserve, which many view as a significant negative influence. Additionally, ongoing debates about interest rate changes have created market unease. While rate cuts are typically viewed positively, the recent reductions have been criticized as inadequate, and future, more significant cuts might signal a recession, increasing negative sentiment.

Geopolitical tensions in the Middle East, Bitcoin compensation issues, and political uncertainties surrounding figures like Trump have further impacted the market. Historically, every bull market has followed a major downturn. Examining past crashes, including those on 94, 5.19, 3.12, and the recent 8.05 event, reveals a pattern where each bull market follows a substantial correction. This recent decline could very well signal the start of the next major bull run in cryptocurrency, representing a crucial moment for investors.
#MarketDownturn #BTCMarketPanic #Write2Earn! #BinanceTurns7