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Binance South Asia
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Follow Us and Win Your Share of $4,000 in BNB Token Vouchers!
We are thrilled to welcome South Asian users to Binance Square! To celebrate, we're giving away $4,000 in BNB token vouchers. Follow âBinance South Asiaâ account and share the announcement post to get your share of the prize pool!
Campaign Period: 2024-09-04 00:00 to 2024-09-18 23:59 (UTC)
How to Participate:
Follow: Follow the Binance South Asia account on Binance Square â https://www.binance.com/en/square/profile/binance_south_asia Share: Share this announcement post across your other social media platforms.
Eligibility:Â
This campaign is open exclusively to users who have completed KYC from South Asia (India, Sri Lanka and Bangladesh)
Rewards:
All eligible participants will share a $4,000 in BNB reward pool, with rewards capped at $1 per participant.
Follow Binance South Asia on Binance Square to stay updated on all our exciting campaigns and announcements!
Terms and Conditions:
The campaign is open only to users with KYC from South Asia (India, Sri Lanka and Bangladesh)Rewards are capped at $1 per participant.The BNB token voucher rewards will be distributed within 30 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this announcement and the original English version, the English version of this announcement shall prevail.Additional promotion terms and conditions can be accessed here.
Risk Warning: Digital asset prices can be volatile. The value of your investment can go down or up and you may not get back the amount invested. Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. You are solely responsible for your investment decisions, and Binance is not liable for any losses you may incur. Not financial advice. For more information, see our Terms of Use and Risk Warning.
Campaign Period: 2024-09-04 00:00 to 2024-09-18 23:59 (UTC)
How to Participate:
Follow: Follow the Binance South Asia account on Binance Square â https://www.binance.com/en/square/profile/binance_south_asia Share: Share this announcement post across your other social media platforms.
Eligibility:Â
This campaign is open exclusively to users who have completed KYC from South Asia (India, Sri Lanka and Bangladesh)
Rewards:
All eligible participants will share a $4,000 in BNB reward pool, with rewards capped at $1 per participant.
Follow Binance South Asia on Binance Square to stay updated on all our exciting campaigns and announcements!
Terms and Conditions:
The campaign is open only to users with KYC from South Asia (India, Sri Lanka and Bangladesh)Rewards are capped at $1 per participant.The BNB token voucher rewards will be distributed within 30 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this announcement and the original English version, the English version of this announcement shall prevail.Additional promotion terms and conditions can be accessed here.
Risk Warning: Digital asset prices can be volatile. The value of your investment can go down or up and you may not get back the amount invested. Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. You are solely responsible for your investment decisions, and Binance is not liable for any losses you may incur. Not financial advice. For more information, see our Terms of Use and Risk Warning.
$SUI SUI, a token backed by Mysten Labs, curated a tidal wave of speculations across the broader crypto market on Monday as the tokenâs on-chain data showcased a monumental achievement, surpassing Bitcoin in TVL. As per on-chain insights unveiled by a DeFi protocol tracking platform, Sui now ranks 13th among all the chains globally. This appears to have sparked immense market optimism for the decentralized blockchainâs native token, also mirrored by its price jump today.
Meanwhile, Bitcoinâs TVL post-approval appears to be on a gradual decline, coinciding with the recent dramatic drop in its price. In addition, the tokenâs TVL also notes a marginal fall, aligning with the tokenâs market plunge.#TradeNTell
Meanwhile, Bitcoinâs TVL post-approval appears to be on a gradual decline, coinciding with the recent dramatic drop in its price. In addition, the tokenâs TVL also notes a marginal fall, aligning with the tokenâs market plunge.#TradeNTell
$DOGE Dogecoin (DOGE) Price Goes Green as Elon Musk's X payments Nears Launch
The price of Dogecoin (DOGE) has experienced an unexpected surge, soaring by more than 14% within a mere 12 hours. The cryptocurrency, known for its meme-inspired roots, witnessed a rapid increase from $0.079 to $0.091, leaving the crypto community buzzing with speculation.
The driving force behind this explosive growth appears to be linked to the enigmatic figure of Elon Musk and his ambitious project, Xpayments. The renowned entrepreneur, recognized for his penchant for cryptocurrencies, particularly DOGE and Bitcoin (BTC), has been making waves with his plans to transform X into a super application, encompassing various services, including financial offerings.
Notably, X, formerly associated with Twitter, officially launched its Xpayments account, signaling a pivotal move into the financial sector. Musk's commitment to this venture is underscored by the acquisition of licenses for money operations in multiple U.S. states. Reports suggest that X is gearing up to introduce peer-to-peer payments, with Musk hinting at potential public availability by mid-2024.#TradeNTell
The price of Dogecoin (DOGE) has experienced an unexpected surge, soaring by more than 14% within a mere 12 hours. The cryptocurrency, known for its meme-inspired roots, witnessed a rapid increase from $0.079 to $0.091, leaving the crypto community buzzing with speculation.
The driving force behind this explosive growth appears to be linked to the enigmatic figure of Elon Musk and his ambitious project, Xpayments. The renowned entrepreneur, recognized for his penchant for cryptocurrencies, particularly DOGE and Bitcoin (BTC), has been making waves with his plans to transform X into a super application, encompassing various services, including financial offerings.
Notably, X, formerly associated with Twitter, officially launched its Xpayments account, signaling a pivotal move into the financial sector. Musk's commitment to this venture is underscored by the acquisition of licenses for money operations in multiple U.S. states. Reports suggest that X is gearing up to introduce peer-to-peer payments, with Musk hinting at potential public availability by mid-2024.#TradeNTell
$MANTA
Manta Network faced a distributed denial-of-service (DDoS) attack on January 19, 2022, one day after the listing of its MANTA token on major cryptocurrency exchanges. Despite the cyber attack, the network successfully maintained its operational integrity and safeguarded user assets.
The introduction of the MANTA token to exchanges initially caused a surge in prices. However, the tokenâs value took a dip, following a controversial move by the projectâs Korean business development representative. The representative sold two million MANTA coins, converting them into a significant amount of Ethereum (ETH).
Despite the price volatility and the attack, Manta Network boasts a market capitalization exceeding $533.99 million following the incident. The network is recognized for its high total value locked (TVL), underscoring its status as a key player in the blockchain scalability arena.#TradeNTell
Manta Network faced a distributed denial-of-service (DDoS) attack on January 19, 2022, one day after the listing of its MANTA token on major cryptocurrency exchanges. Despite the cyber attack, the network successfully maintained its operational integrity and safeguarded user assets.
The introduction of the MANTA token to exchanges initially caused a surge in prices. However, the tokenâs value took a dip, following a controversial move by the projectâs Korean business development representative. The representative sold two million MANTA coins, converting them into a significant amount of Ethereum (ETH).
Despite the price volatility and the attack, Manta Network boasts a market capitalization exceeding $533.99 million following the incident. The network is recognized for its high total value locked (TVL), underscoring its status as a key player in the blockchain scalability arena.#TradeNTell
$UMA UMA crypto price surged this week as the ecosystem continued to gain market share in the oracles industry. The token surged to a high of $3.8575, its highest point since August 2022 even as Bitcoin and other altcoins consolidated. It has surged by more than 100% from its lowest level this year, giving it a market cap of over $279 million.#TradeNTell
USDT stablecoin issuer Tether has been actively buying Bitcoins while adding a substantial amount of BTC during the bull run of Q4 2023. Stablecoin issuer Tether has further solidified its position in the cryptocurrency market by acquiring an additional $380 million worth of bitcoin in the closing moments of the last quarter. This move elevates Tetherâs total bitcoin holdings to an impressive 66,465 BTC, valued at approximately $2.8 billion.#TradeNTell
$XAI The XAI crypto price rallied over 80% after Binance listing and registered an all-time high of $0.786384. At press time, the crypto gained 6.85% in value and traded at $0.724314 on Monday. Whilst, XAIâs market capitalization stood at $200.72 million.
Apart from the recent gain, the 24-hour trade volume suggested an impressive figure of $165.24 million. Currently, the crypto has a circulating supply of 277.12 million, which is just 11.08% of the max supply. Hence, there is room for shorting, which could hype the XAI price unprecedentedly in the future.#TradeNTell
Apart from the recent gain, the 24-hour trade volume suggested an impressive figure of $165.24 million. Currently, the crypto has a circulating supply of 277.12 million, which is just 11.08% of the max supply. Hence, there is room for shorting, which could hype the XAI price unprecedentedly in the future.#TradeNTell
The benchmark Sensex and Nifty indices are likely to open flat on January 19 as trends in the GIFT Nifty indicate a muted start for the broader index with a gain of 7 points.
The equity benchmarks ended lower for the third straight day on January 18 despite a mid-session pull-back with bank and IT stocks coming under selling pressure amid weak global cues.At close, the Sensex was down 313.90 points or 0.44 percent to 71,186.86, and the Nifty was down 109.70 points or 0.51 percent to 21,462.30.
The pivot point calculator indicates that the Nifty is likely to take immediate support at 21,332, followed by 21,272, and 21,175 levels, while on the higher side, it may see an immediate resistance at 21,486, followed by 21,586 and 21,683 levels.#TradeNTell
The equity benchmarks ended lower for the third straight day on January 18 despite a mid-session pull-back with bank and IT stocks coming under selling pressure amid weak global cues.At close, the Sensex was down 313.90 points or 0.44 percent to 71,186.86, and the Nifty was down 109.70 points or 0.51 percent to 21,462.30.
The pivot point calculator indicates that the Nifty is likely to take immediate support at 21,332, followed by 21,272, and 21,175 levels, while on the higher side, it may see an immediate resistance at 21,486, followed by 21,586 and 21,683 levels.#TradeNTell
$BTC For the last few weeks, conventional wisdom has forecasted that the highly anticipated, likely imminent approval of a spot Bitcoin ETF in the United States would be a âsell the newsâ eventâor one that, despite its apparently positive impact on Bitcoin, would likely cause the cryptocurrencyâs price to fall in the immediate term as traders exited their BTC positions at the crest of ETF hype.
Now, conventional wisdom is changing its tune. #TradeNTell
Now, conventional wisdom is changing its tune. #TradeNTell
Bitcoin (BTC) Forms Rare Pattern, Analyst Predicts 5% Drop
There is an ongoing bearish drawdown in the market as the combined crypto market cap is yet to regain its pace after dropping as low as 2% overnight. Bitcoin (BTC), the industry's clear market leader, is dragging the current sell-offs to new heights, with its price at $27,650.23 atop a 0.92% slump.
The current is a testament to just how erratic the market can be. Despite the dominant bear action, the coin is looking at a mild recovery on the hourly chat. However, top market analyst Ali Charts is the possibility of another 5% drawdown in the price of Bitcoin.
His thesis is based on Bitcoin recording a breakdown from a symmetrical triangle on its two-hour chart. As shown in the shared chart, the analyst believes the premier digital currency might anticipate a 5% correction in the near term, potentially pushing the price to $26,200. This forecast is a bearish one that indicates the drawdown being experienced at the moment may continue eventually.
While Bitcoin is currently bearing its own brunt of the market onslaught, other altcoins are dropping much faster, helping to reinstate the dominance of the coin above the 50% benchmark.
Pushing Bitcoin sentiment
While the technical indicators are not generally optimistic, per the potential price surge of Bitcoin, the fundamentals surrounding the asset make a amid-to-long term bullish case for current HODLers.#bitcoin #BitcoinWorld
There is an ongoing bearish drawdown in the market as the combined crypto market cap is yet to regain its pace after dropping as low as 2% overnight. Bitcoin (BTC), the industry's clear market leader, is dragging the current sell-offs to new heights, with its price at $27,650.23 atop a 0.92% slump.
The current is a testament to just how erratic the market can be. Despite the dominant bear action, the coin is looking at a mild recovery on the hourly chat. However, top market analyst Ali Charts is the possibility of another 5% drawdown in the price of Bitcoin.
His thesis is based on Bitcoin recording a breakdown from a symmetrical triangle on its two-hour chart. As shown in the shared chart, the analyst believes the premier digital currency might anticipate a 5% correction in the near term, potentially pushing the price to $26,200. This forecast is a bearish one that indicates the drawdown being experienced at the moment may continue eventually.
While Bitcoin is currently bearing its own brunt of the market onslaught, other altcoins are dropping much faster, helping to reinstate the dominance of the coin above the 50% benchmark.
Pushing Bitcoin sentiment
While the technical indicators are not generally optimistic, per the potential price surge of Bitcoin, the fundamentals surrounding the asset make a amid-to-long term bullish case for current HODLers.#bitcoin #BitcoinWorld
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