Binance Labs has announced its investment in BIO Protocol, a pioneering project that seeks to revolutionize the financing and commercialization of early-stage scientific research through blockchain technology. This marks Binance Labs' first foray into the Decentralized Science (DeSci) sector, highlighting the lab’s commitment to supporting groundbreaking advancements in technology that promise real-world impact.BIO Protocol operates as an innovative platform that enables scientists, patients, and investors worldwide to fund, develop, and co-own medical advancements through a network of Biotech Decentralized Autonomous Organizations (BioDAOs). The platform addresses key funding gaps in scientific research, with a particular focus on rare diseases, longevity research, and other emerging health challenges. With seven existing BioDAOs exploring diverse areas—from cryopreservation to mental health treatments—the platform’s next projects will tackle Long COVID, rare diseases, and quantum biology, expanding the community-driven reach of scientific research."BIO Protocol represents a significant step forward in DeSci by merging biotechnology and DeFi," said Andy Chang, Investment Director at Binance Labs. "Our commitment is to drive real, long-term impact by investing in projects that build meaningful technology. Supporting BIO Protocol aligns with our mission to foster innovation that can truly shape the future and unlock scientific breakthroughs across the globe."

Are you looking to earn $164 a day on Binance? While it's an ambitious goal, with the right approach, discipline, and strategy, it’s absolutely possible. In this thrilling guide, we’ll break down how beginners can aim for consistent profits in crypto trading by utilizing smart strategies, market analysis, and Binance's powerful features. Let’s dive in!
Step 1: Master the Basics – The Foundation of Trading Success
Before you can earn $164 a day, you need to build a solid foundation. Understanding the fundamentals of trading is key to making informed decisions.
1. Learn the Trading Lingo:
Market Orders: Buy/sell instantly at the current market price.
Limit Orders: Buy/sell at a specific price, helping you control entry/exit points.
Stop-Loss Orders: Automatically sell at a predetermined price to cut losses.
Take-Profit Orders: Automatically sell when a certain profit target is reached.
2. Know Your Indicators and Tools:
RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) help identify market trends and reversals.
Candlestick Patterns are essential for pinpointing entry/exit signals.
Fundamental Analysis involves evaluating a coin's project and news to assess its potential.
3. Set Realistic Goals:
Earning $164 a day equates to about $5,000 a month. To achieve this, you’ll need to trade consistently and manage your risk well. While it’s doable, it depends heavily on your starting capital and strategy.
Step 2: Choose the Right Trading Strategy
The key to earning $164 per day lies in selecting the right trading strategy. Each method has its advantages and risks.
1. Scalping:
Scalping is about making small but frequent profits by exploiting minor price fluctuations. For instance, a 0.5%-1% gain per trade can add up with enough trades.
This strategy demands a large trading capital and a high win rate to make significant daily profits. Leveraging trades (2x–5x) can amplify your profits—but also your risks.
2. Swing Trading:
Swing trading involves holding positions over a few days or weeks to profit from larger price movements. This strategy requires you to identify key support and resistance levels.
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