This is a general announcement. Products and services referred to here may not be available in your region.
Binance Lite Referral is launching an exclusive New Year activity to kick off your 2024. Refer friends to join us through your Lite Referral Time-Limited Activity Link/ID, and every completed task will net you and your referred friends New Year Gift Boxes worth up to 500 USDT in token voucher each. A total prize pool of 100,000 USDT is up for grabs. Start referring today to win your share!
Start Referring Friends Today!
Promotion Period: 2023-12-28 07:00 (UTC) to 2024-01-17 23:59 (UTC)
Activity A: Invite Friends to Binance and Unlock New Year Gift Box Together!
How to Participate:
Step 1: Share the Lite Referral Time-Limited Activity Link/ID with a friend who has not registered with Binance yet.Step 2: When the new referrals complete the following tasks, both the referrer and the referred friend will be eligible for receiving a Gift Box from each task.Reach cumulative deposits of more than $50 equivalent via Cash Deposit, Buy with Credit/Debit Card, P2P Trading or Cryptocurrency Deposit; Complete cumulative trades of more than $200 equivalent on any Spot or Convert trading pairs. Step 3: Open the Gift Box to unlock up to 500 USDT in token voucher.
Notes:
Referrals should complete the deposit task first to unlock the trading task. Otherwise, neither referrers nor referrals will be eligible to receive any rewards from the trading task.Each eligible user can get up to 20 Gift Boxes in total, i.e., ten from deposit tasks and ten from trading tasks.Each Gift Box contains a token voucher worth up to 500 USDT in BTC, ETH, USDT, or BNB.The 100 USDT trading fee rebate voucher rewards are not applicable to referral via the Lite Referral Time-Limited Activity Link/ID. To earn the 100 USDT Trading Fee Rebate Voucher from the Regular Lite Mode, the referrer may click [Back to Regular Lite Mode] on the activity landing page to generate a Lite Referral Link/ID and invite friends.
Activity B: Share and Grab Up to 1 BNB in Reward
How to Participate:
Step 1: During the Promotion Period, visit the Lite Referral 2024 New Year Activity page and click on [Pooled Reward] > [Share] to share the activity on your social media.Step 2: When your friends engage with your share by either clicking on your referral link or scanning the QR code, you will have the opportunity to share a 10,000 USDT equivalent token voucher prize pool.
Rewards Structure:
Eligible participants who complete the tasks specified above will be ranked by the number of Gift Boxes they collect from Activity A. The top 5,000 participants will qualify for a share of the 10,000 USDT equivalent token voucher prize pool. Where two or more users have the same number of Gift Boxes collected, the user who completes the collection at an earlier time will receive a higher ranking.The top three users will each receive a 1 BNB token voucher. The subsequent 4,997 eligible participants will equally share the remaining rewards pool.
The Binance UIDs of the top three participants will be announced on the Lite Referral 2024 New Year Activity page within three days after the activity ends.
For more information, please refer to the FAQ.
Terms & Conditions:
Users in restricted regions are disqualified from participating in the Binance Referral Program as referrers or referred users.Each new user can only be referred to Binance via one referral mode. If a new user registers for a Binance account via the Lite Referral ID/Link, the referrer will not be eligible for any commission-based rewards from the Standard Referral Mode.The 100 USDT trading fee rebate voucher rewards does not apply to either the referrer or the referral via the Lite Referral Time-Limited Activity Link/ID. Users may switch to Regular Lite Referral Mode and refer friends to be eligible for the rewards. Both the referrer and the referral must complete account verification within seven days after the promotion ends at the latest for any party to receive any rewards from this promotion.Sub-accounts cannot be used to participate in this Promotion. Spot trades or Convert trades that are completed with a sub-account will not count toward the trading task requirement. In addition, deposits made via a sub-account, third-party payment method or account transfer will not count toward the deposit task requirement. Binance will use the real-time fiat currency to USD foreign exchange rates for calculating the USD value of deposits via fiat channels, as well as the price of the USDT trading pair at trading time to calculate the value of the cryptocurrency deposit and/or cryptocurrency trade completed during the Promotion Period. If there is no USDT pair for a specific cryptocurrency, it will be converted to another token or coin with a USDT pair to determine its value. The value of all rewards are calculated based on the corresponding token’s closing price at 2023-12-17 23:59 (UTC). Please note that the actual value of the reward received is subject to change due to market fluctuation.Rewards are limited and distributed on a first-come, first-served basis. Users will not be able to participate in this promotion once all rewards are distributed. The reward of Promotion A:Each Gift Box contains a fixed amount between 0.2 USDT to 500 USDT token voucher depending on the user’s historical activity with Binance.Users must open the Gift Box within seven days after the promotion ends at the latest. Thereafter, token voucher rewards will be distributed within 48 hours.The reward of Promotion B: The rewards for Activity B will be unlocked and distributed within 72 hours after the promotion ends. Users will be able to check the list of winners via [View List] below the Pooled Reward tab seven days after the activity ends.Users will be able to log in and redeem their token voucher rewards via Profile > Rewards Hub. The validity period for the token voucher is set at 14 days from the day of distribution. Users should redeem the token vouchers before the expiry date. Thereafter, the token vouchers will become invalid. Learn how to redeem a voucher.Binance reserves the right to disqualify and revoke rewards for participants who engage in dishonest or abusive activities during the promotion, including but not limited to registering from the same IP or device, bulk-account registrations to farm additional bonuses and any other activity in connection with unlawful, fraudulent, or harmful purposes.At Binance's sole discretion, user participation will be considered without effect and users will automatically be excluded, disqualified and prevented from accumulating benefits, in cases where it is identified: Any violations of Binance's Terms of Use and its Compliance Policies, as well as attempted or proven fraud, human and/or through the use of technology; Manipulation of results or failure to fulfill the requirements and provisions set forth in these Terms and Conditions; Completion, by the user, of incorrect, outdated, mistaken information or filled with untrue information, and may also be liable for the crime of ideological or documental falsehood; Registrations and participations for which any technological means have been used or there are indications of their use, whether electronic, computerized, digital, robotic, repetitive, automatic, mechanical and/or analogous, with the intention of automatic and/or repetitive reproduction of registrations, identical or not, which will also result in the nullity of all registrations and participations made by the user who has used one of the aforementioned means or for one of the aforementioned purposes, even if not all registrations or participations have resulted from the use of such means and/or were carried out with such purpose.Additional promotion terms and conditions can be accessed here.All participants must strictly abide by the Binance Terms of Use.Binance reserves the right of final interpretation of this promotion.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Thank you for your support!
Binance Team
2023-12-28

According to CryptoPotato, as investors shift their focus to artificial intelligence (AI) amid declining crypto market prices and rising global interest rates, AI is expected to take center stage in the future. Nansen's latest projection predicts that AI agents will dominate the blockchain in 2024, contributing to a more secure and streamlined ecosystem.

Nansen's forecast for 2024 envisions a pivotal moment in technology where artificial intelligence takes center stage in shaping future possibilities. Despite the uncertainty surrounding the complete integration of AI and blockchain, promising use cases are beginning to surface. AI agents, with their capability to handle transactions, securely hold assets, and facilitate value exchange on behalf of users, are emerging as key elements. The foresight suggests a future where AI agents evolve into a primary category of users within the blockchain landscape.

The report also highlighted the importance of verification and risk management through cryptography in distinguishing between human and AI interactions within the blockchain. While AI facilitates specific applications in blockchain, cryptographic methods for identification verification play a vital role. Blockchains offer mechanisms to authenticate agents via various methods such as – cryptographic proof via digital signatures, IPFS & Merkle Trees, and zkML (zero-knowledge machine learning). However, certain limitations persist.

Nansen stated that incentivizing AI models through token-based rewards is essential for enabling their autonomous functionality. By offering tokens as incentives, AI agents/models can be rewarded for achieving desired performance. In the crypto market, tokens associated with AI projects, such as Bittensor (TAO) and Autonolas (OLAS), along with others linked to AI, are likely to continue gaining traction. The performance of AI project tokens, even in bearish market conditions starting from early 2023, indicates significant belief and momentum in the early stages of AI and blockchain. Established tokens like FET and AGIX are prominent in the higher-cap AI coin category. While the current focus is on expanding the infrastructure of AI, Nansen said there is an anticipated shift towards prioritizing consumer-oriented applications that leverage the existing technological framework. The challenge extends beyond infrastructure to identifying the intended beneficiaries and end-users of these applications.

The post The Best Time to Buy Altcoins is Now – Analyst Michael van de Poppe Predicts Q1 2024 Crypto Boom appeared first on Coinpedia Fintech News

Following his widely circulated insights on Bitcoin, cryptocurrency strategist Michael van de Poppe has shared another significant post on social media platform X. This time, he turns his focus to altcoins, arguing that now is an opportune moment to invest.

The best time to buy #Altcoins is now.The reasoning is relatively simple and the past weeks have provided evidence on this. Altcoins have been suffering for 2023, and mostly 2022, but are quickly rallying upwards. What's next? Did the bull start? Let's analyze it all. … pic.twitter.com/oJKpQ1hwNX

— Michaël van de Poppe (@CryptoMichNL) December 21, 2023

Analyzing the Altcoin Market

Van de Poppe’s analysis is grounded in the recent performance of altcoins, which have shown signs of recovery after a slump from 2022 to 2023. He highlights several key developments contributing to the momentum in the altcoin market:

Injective’s Token Surge: A notable 28% increase in the past 24 hours has sparked anticipation of a broader altcoin rally.

Solana’s Saga Phone and BONK Meme Token: The success of these products has fueled interest and sales, contributing to market excitement.

AI and Blockchain Integration: The evolving synergy between artificial intelligence and blockchain technology adds a new dimension to the market.

Celestia’s Performance and Competitors: The surge in Celestia (TIA) prices and the movements of its competitors are significant indicators.

However, Van de Poppe asserts that these factors are secondary compared to Ethereum’s influence, stating, “Most of the markets are waiting for Ethereum to take over.”

Forecasting the Altcoin Bull Run

Van de Poppe predicts the commencement of the altcoin bull run by the first quarter of 2024. He cites several reasons for this anticipated surge:

Pre-Halving Opportunities: Altcoins tend to be undervalued before halving events, presenting lucrative investment opportunities.

Spot ETF Dynamics: The approval of the Bitcoin Spot ETF is expected to reduce volatility and divert funds to other cryptocurrencies, especially Ethereum.

Ethereum’s ETF Prospects: Ethereum’s potential Spot ETF approval could further bolster the market.

Seasonal Trends and Year-End Rebalancing: Historical data and investment patterns suggest that the start of the year is often favorable for altcoin investments.

Investment Strategy and Conclusion

In conclusion, Michael van de Poppe advises investors to exercise caution while acknowledging the current momentum in specific projects. He recommends focusing on altcoins with high upside potential and lower risks, emphasizing the importance of buying during dips rather than chasing momentary trends. This approach aligns with his broader perspective on the cryptocurrency market, suggesting a strategic and measured investment methodology.