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Binance Coin (BNB) Price Prediction for June 14 Are there any prerequisites for bounce back of #binancecoin (BNB)? According to CoinStats, the market might not have found a reversal zone yet. #BNB/USDT The price of Binance Coin (BNB) has declined by 0.57% over the last 24 hours. On the hourly chart, the rate of BNB is in the middle of the local channel. At the moment, one should pay attention to the vital zone of $600.  If buyers can hold the price above it, there is a chance to see a resistance breakout tomorrow. Image by TradingView On the bigger time frame, the rate of the native #exchange coin has once again bounced off the support of $595.8. If the daily bar closes far from it, the upward move may continue to the $620-$640 zone. From the midterm point of view, one should pay attention to the bar's closure in terms of the last candle low. If it happens below $600, the correction is likely to continue to the $550 area within the next few days. BNB is trading at $603.4 at press time. #AirdropGuide #BTC {future}(BNBUSDT)
Binance Coin (BNB) Price Prediction for June 14

Are there any prerequisites for bounce back of #binancecoin (BNB)?

According to CoinStats, the market might not have found a reversal zone yet.

#BNB/USDT

The price of Binance Coin (BNB) has declined by 0.57% over the last 24 hours.

On the hourly chart, the rate of BNB is in the middle of the local channel. At the moment, one should pay attention to the vital zone of $600. 

If buyers can hold the price above it, there is a chance to see a resistance breakout tomorrow.

Image by TradingView

On the bigger time frame, the rate of the native #exchange coin has once again bounced off the support of $595.8. If the daily bar closes far from it, the upward move may continue to the $620-$640 zone.

From the midterm point of view, one should pay attention to the bar's closure in terms of the last candle low. If it happens below $600, the correction is likely to continue to the $550 area within the next few days.

BNB is trading at $603.4 at press time.
#AirdropGuide #BTC
🆕 Gemini has reached a peace agreement with the New York Attorney General's office #GeminiExchange has agreed to pay Gemini Earn investors $50 million worth of digital assets as part of a peace agreement with the New York Attorney General's office. Earlier, prosecutors said the exchange misled thousands of investors, including New Yorkers. Gemini was also banned from offering any cryptocurrency lending products in the state. #gemini Earn has suspended withdrawals in 2022 amid the bankruptcy of credit services provider Genesis. A few weeks ago, the #exchange announced that it would be able to return all their assets in kind to users. #AirdropGuide #BTC
🆕 Gemini has reached a peace agreement with the New York Attorney General's office

#GeminiExchange has agreed to pay Gemini Earn investors $50 million worth of digital assets as part of a peace agreement with the New York Attorney General's office.

Earlier, prosecutors said the exchange misled thousands of investors, including New Yorkers.

Gemini was also banned from offering any cryptocurrency lending products in the state.

#gemini Earn has suspended withdrawals in 2022 amid the bankruptcy of credit services provider Genesis.

A few weeks ago, the #exchange announced that it would be able to return all their assets in kind to users.
#AirdropGuide #BTC
🈚️ And so, the first asset that interests me is as a potential gem for X profits 💎 , the coin became ALEA (not to be confused with a similar coin ticker) 🆙 Technically , over the course of 125 days , the price has formed a very strong support in the range of $2.265-2.887 from which it is currently trying to turn #upward again 📈 Good purchases by the market, they are now active in the order book, which tells me that the buyer is interested and further interested in buying this coin, maintaining the potential to hold the current support block 🟢 In case of success and breakdown of the local #DownTrend , ➡️ the first resistance will be the range of $4.380-4.795, where our first fixation target is located with a value of $4.688 💴 Further, it will be much easier, since there will be an exit and fixation of the price behind the primary resistance block,↗️ and there the price will already head towards the first main resistance in the POI range , the value of which is $6.458 -7.943 ⭐️ Second purpose of fixation? is at $7.408 , and the main medium-term growth target is near the round mark of $10 - here I plan to completely fix the position 💸 You can buy the ALEA token on the Uniswap DEX #exchange - here ➡️ I consider the current range favorable for selection. But, I’ll immediately inform you that the option of additional purchases in the range of $1.245 - 1.515 will also be carried out⬅️ In my opinion and the current assessment of my analytics, the asset is technically ready to begin a new wave of growth and has excellent potential for moving into an UP trend ✌ Let me remind you that there will be many such projects . Together we will buy back coins that have excellent chances of good growth and excellent profits.💎 Make a purchase no more than 1-2% of the deposit, taking into account the limit purchases below . First, we buy for a small percentage of the deposit and then, as I already said, we will acquire the asset on an increasing basis 💲 🟢 #AirdropGuide #BTC
🈚️ And so, the first asset that interests me is as a potential gem for X profits 💎 , the coin became ALEA (not to be confused with a similar coin ticker)

🆙 Technically , over the course of 125 days , the price has formed a very strong support in the range of $2.265-2.887 from which it is currently trying to turn #upward again 📈 Good purchases by the market, they are now active in the order book, which tells me that the buyer is interested and further interested in buying this coin, maintaining the potential to hold the current support block 🟢

In case of success and breakdown of the local #DownTrend , ➡️ the first resistance will be the range of $4.380-4.795, where our first fixation target is located with a value of $4.688 💴 Further, it will be much easier, since there will be an exit and fixation of the price behind the primary resistance block,↗️ and there the price will already head towards the first main resistance in the POI range , the value of which is $6.458 -7.943 ⭐️ Second purpose of fixation? is at $7.408 , and the main medium-term growth target is near the round mark of $10 - here I plan to completely fix the position 💸

You can buy the ALEA token on the Uniswap DEX #exchange - here

➡️ I consider the current range favorable for selection. But, I’ll immediately inform you that the option of additional purchases in the range of $1.245 - 1.515 will also be carried out⬅️ In my opinion and the current assessment of my analytics, the asset is technically ready to begin a new wave of growth and has excellent potential for moving into an UP trend ✌

Let me remind you that there will be many such projects . Together we will buy back coins that have excellent chances of good growth and excellent profits.💎 Make a purchase no more than 1-2% of the deposit, taking into account the limit purchases below . First, we buy for a small percentage of the deposit and then, as I already said, we will acquire the asset on an increasing basis 💲

🟢 #AirdropGuide #BTC
What is DeFi and How Does it Work?Decentralized Finance (DeFi) is a rapidly growing sector within the cryptocurrency industry that aims to recreate traditional financial systems and services using #BlockchainTechnology . Unlike conventional financial systems that rely on centralized institutions like banks, DeFi operates without intermediaries, leveraging smart contracts on blockchain networks, primarily Ethereum. Key Concepts of DeFi 1. Decentralization:    - No Central Authority: DeFi platforms are decentralized, meaning they operate without a central governing body. This is made possible by using blockchain technology and smart contracts.    - Trustless System: Users can interact directly with the DeFi protocols without needing to trust a central entity, reducing counterparty risk. 2. Smart Contracts:    - Automated Agreements: Smart contracts are self-executing contracts with the terms of the agreement directly written into code. They automatically execute transactions when predefined conditions are met.    - Transparency and Security: Smart contracts operate on blockchain networks, ensuring transparency, immutability, and security. 3. Interoperability:    - Cross-Platform Functionality: Many DeFi protocols are designed to be interoperable, allowing different platforms and applications to interact and integrate with each other seamlessly.    - Composable Ecosystem: DeFi projects can build on top of each other, creating a layered and composable financial system. Major Components of DeFi 1. Decentralized Exchanges (#DEXs ):    - Trading Without Intermediaries: DEXs allow users to trade cryptocurrencies directly with each other without relying on a centralized #exchange . Examples include Uniswap, SushiSwap, and PancakeSwap.    - Liquidity Pools: Users provide liquidity to the exchange by depositing their tokens into liquidity pools, earning fees in return. 2. Lending and Borrowing Platforms:    - Peer-to-Peer Lending: DeFi platforms like Aave, Compound, and Maker enable users to lend their crypto assets to others and earn interest, or borrow assets by providing collateral.    - Collateralized Loans: Borrowers must over-collateralize their loans to ensure the lender's security, reducing the risk of default. 3. Stablecoins:    - Price-Stable Cryptocurrencies: #Stablecoins are cryptocurrencies pegged to a stable asset like the US dollar, providing a stable store of value and medium of exchange. Examples include DAI, USDC, and Tether (USDT).    - Algorithmic and Collateralized: Some stablecoins are algorithmically controlled, while others are backed by collateral. 4. Yield Farming and Staking:    - Earning Rewards: Yield farming involves lending or staking crypto assets in DeFi protocols to earn returns, often in the form of additional tokens.    - Incentivizing Participation: DeFi platforms incentivize users to provide liquidity or participate in the network by offering rewards. 5. Insurance:    - Risk Management: DeFi insurance platforms like Nexus Mutual offer coverage for smart contract failures, hacks, and other risks associated with DeFi activities.    - Decentralized Insurance Pools: Users can contribute to insurance pools and receive compensation in case of a claim. #AirdropGuide

What is DeFi and How Does it Work?

Decentralized Finance (DeFi) is a rapidly growing sector within the cryptocurrency industry that aims to recreate traditional financial systems and services using #BlockchainTechnology . Unlike conventional financial systems that rely on centralized institutions like banks, DeFi operates without intermediaries, leveraging smart contracts on blockchain networks, primarily Ethereum.
Key Concepts of DeFi
1. Decentralization:
   - No Central Authority: DeFi platforms are decentralized, meaning they operate without a central governing body. This is made possible by using blockchain technology and smart contracts.
   - Trustless System: Users can interact directly with the DeFi protocols without needing to trust a central entity, reducing counterparty risk.
2. Smart Contracts:
   - Automated Agreements: Smart contracts are self-executing contracts with the terms of the agreement directly written into code. They automatically execute transactions when predefined conditions are met.
   - Transparency and Security: Smart contracts operate on blockchain networks, ensuring transparency, immutability, and security.
3. Interoperability:
   - Cross-Platform Functionality: Many DeFi protocols are designed to be interoperable, allowing different platforms and applications to interact and integrate with each other seamlessly.
   - Composable Ecosystem: DeFi projects can build on top of each other, creating a layered and composable financial system.
Major Components of DeFi
1. Decentralized Exchanges (#DEXs ):
   - Trading Without Intermediaries: DEXs allow users to trade cryptocurrencies directly with each other without relying on a centralized #exchange . Examples include Uniswap, SushiSwap, and PancakeSwap.
   - Liquidity Pools: Users provide liquidity to the exchange by depositing their tokens into liquidity pools, earning fees in return.
2. Lending and Borrowing Platforms:
   - Peer-to-Peer Lending: DeFi platforms like Aave, Compound, and Maker enable users to lend their crypto assets to others and earn interest, or borrow assets by providing collateral.
   - Collateralized Loans: Borrowers must over-collateralize their loans to ensure the lender's security, reducing the risk of default.
3. Stablecoins:
   - Price-Stable Cryptocurrencies: #Stablecoins are cryptocurrencies pegged to a stable asset like the US dollar, providing a stable store of value and medium of exchange. Examples include DAI, USDC, and Tether (USDT).
   - Algorithmic and Collateralized: Some stablecoins are algorithmically controlled, while others are backed by collateral.
4. Yield Farming and Staking:
   - Earning Rewards: Yield farming involves lending or staking crypto assets in DeFi protocols to earn returns, often in the form of additional tokens.
   - Incentivizing Participation: DeFi platforms incentivize users to provide liquidity or participate in the network by offering rewards.
5. Insurance:
   - Risk Management: DeFi insurance platforms like Nexus Mutual offer coverage for smart contract failures, hacks, and other risks associated with DeFi activities.
   - Decentralized Insurance Pools: Users can contribute to insurance pools and receive compensation in case of a claim.
#AirdropGuide
Binance Expands Support for LUNC, USTC, LUNA, SHIB Among Other Crypto Crypto exchange Binance TH, a joint venture between Binance and Gulf Energy, on Saturday announced listing of new trading pairs and existing tokens on new networks. Binance’s Thailand arm to list trending crypto including #TerraClassic (LUNC), USTC, Terra (LUNA), Shiba Inu ($SHIB {spot}(SHIBUSDT) ), Celestia (TIA), Wormhole (W), Bittensor (TAO), and others. Binance TH Announces New Crypto #listing Binance Gulf’s Thailand-based crypto exchange Binance TH said it will add trading pairs on June 11, as per an official announcement on June 8. The crypto #exchange added 10 new cryptocurrencies for trading amid push increase users on the new exchange. Binance TH will list LUNA/USDT, LUNC/USDT, USTC/USDT, TIA/USDT, AR/USDT, TAO/USDT, W/USDT, TRB/USDT, JTO/USDT, and TNSR/USDT pairs. Terra Luna Classic community sees the move another commitment by Binance to $LUNC {spot}(LUNCUSDT) , USTC, and LUNA tokens amid demand from domestic users. In addition, crypto exchange will also list existing tokens on new networks for trading. Binance TH will list $ETH {spot}(ETHUSDT) on Base, Arbitrum, and Optimism; USDT on Arbitrum, Optimism, and Avax C-chain; WAVES and SHIB on BSC. Users can start trading above-mentioned crypto at 2:00 PM local time on June 11, 2024. Interestingly, it comes a day before settlement between the U.S. Securities and Exchange Commission (SEC) and Terraform Labs. #BTCFOMCWatch #BTC
Binance Expands Support for LUNC, USTC, LUNA, SHIB Among Other Crypto

Crypto exchange Binance TH, a joint venture between Binance and Gulf Energy, on Saturday announced listing of new trading pairs and existing tokens on new networks. Binance’s Thailand arm to list trending crypto including #TerraClassic (LUNC), USTC, Terra (LUNA), Shiba Inu ($SHIB
), Celestia (TIA), Wormhole (W), Bittensor (TAO), and others.

Binance TH Announces New Crypto #listing
Binance Gulf’s Thailand-based crypto exchange Binance TH said it will add trading pairs on June 11, as per an official announcement on June 8. The crypto #exchange added 10 new cryptocurrencies for trading amid push increase users on the new exchange.

Binance TH will list LUNA/USDT, LUNC/USDT, USTC/USDT, TIA/USDT, AR/USDT, TAO/USDT, W/USDT, TRB/USDT, JTO/USDT, and TNSR/USDT pairs. Terra Luna Classic community sees the move another commitment by Binance to $LUNC
, USTC, and LUNA tokens amid demand from domestic users.

In addition, crypto exchange will also list existing tokens on new networks for trading. Binance TH will list $ETH
on Base, Arbitrum, and Optimism; USDT on Arbitrum, Optimism, and Avax C-chain; WAVES and SHIB on BSC.

Users can start trading above-mentioned crypto at 2:00 PM local time on June 11, 2024. Interestingly, it comes a day before settlement between the U.S. Securities and Exchange Commission (SEC) and Terraform Labs.
#BTCFOMCWatch #BTC
🟥 YouTube Flooded with Over 35 Deepfake Videos of Elon Musk & Fake SpaceX Crypto Giveaways During S📣 On June 6, a cybersecurity report revealed that over 35 #YouTube channels live-streamed a deepfake video of Elon Musk, promising to double crypto deposits. The scammers targeted space enthusiasts eager to watch the SpaceX starship rocket launch. #cybersecurity experts from Avast Threat Labs revealed on X that scammers hijacked over 35 YouTube pages. ⤵️ Investigators found that one of the dubious YouTube channels that mimicked the live-streamed SpaceX launch had 2.9 million subscribers but lacked a verification check mark. This was in contrast with the real #SpaceX YouTube channel, which boasts 6.65 million subscribers and a verified check mark. ‼️ These fake SpaceX livestreams featured wide-angle shots of Musk speaking at an outdoor event, with some of the footage blurred to make them seem authentic. However, the AI-generated Elon Musk voice sounded convincing with phrases like “You have a chance to see your crypto propel exponentially as our rocket propels toward the stars” were said. 🟠 Mimicked vocal patterns of Musk, such as stutters, pauses, and words like “Umm” were also used at human-like intervals. 📌 The video went on to explain the benefits of investing in Bitcoin and the potential profits available to savvy investors. Thereafter, the deepfake video directed viewers to scan a QR code and send cryptocurrencies to an address controlled by the thieves. The QR code remained on the screen for the entirety of the livestream. ➡️ This is not the first time Elon Musk will be targeted by bad actors who use his image to scam unsuspecting crypto users. In October 2023, an Elon Musk crypto scam deepfake promised 30% returns on deposits as users were encouraged to invest in the BitVex trading platform. ➡️ Also, on May 13, 2024, the Hong Kong Securities and Futures Commission issued a warning against a crypto #exchange using Elon Musk’s deepfake to promote him as the lead developer. Quantum AI allegedly used Musk’s deepfake videos of Musk to deceive people into believing he is the brain behind the platform. #BTCFOMCWatch

🟥 YouTube Flooded with Over 35 Deepfake Videos of Elon Musk & Fake SpaceX Crypto Giveaways During S

📣 On June 6, a cybersecurity report revealed that over 35 #YouTube channels live-streamed a deepfake video of Elon Musk, promising to double crypto deposits. The scammers targeted space enthusiasts eager to watch the SpaceX starship rocket launch. #cybersecurity experts from Avast Threat Labs revealed on X that scammers hijacked over 35 YouTube pages.
⤵️ Investigators found that one of the dubious YouTube channels that mimicked the live-streamed SpaceX launch had 2.9 million subscribers but lacked a verification check mark. This was in contrast with the real #SpaceX YouTube channel, which boasts 6.65 million subscribers and a verified check mark.
‼️ These fake SpaceX livestreams featured wide-angle shots of Musk speaking at an outdoor event, with some of the footage blurred to make them seem authentic. However, the AI-generated Elon Musk voice sounded convincing with phrases like “You have a chance to see your crypto propel exponentially as our rocket propels toward the stars” were said.
🟠 Mimicked vocal patterns of Musk, such as stutters, pauses, and words like “Umm” were also used at human-like intervals.
📌 The video went on to explain the benefits of investing in Bitcoin and the potential profits available to savvy investors. Thereafter, the deepfake video directed viewers to scan a QR code and send cryptocurrencies to an address controlled by the thieves. The QR code remained on the screen for the entirety of the livestream.
➡️ This is not the first time Elon Musk will be targeted by bad actors who use his image to scam unsuspecting crypto users. In October 2023, an Elon Musk crypto scam deepfake promised 30% returns on deposits as users were encouraged to invest in the BitVex trading platform.
➡️ Also, on May 13, 2024, the Hong Kong Securities and Futures Commission issued a warning against a crypto #exchange using Elon Musk’s deepfake to promote him as the lead developer. Quantum AI allegedly used Musk’s deepfake videos of Musk to deceive people into believing he is the brain behind the platform.
#BTCFOMCWatch
📢 UK Crypto Exchange Halts Trading After $22M Security Breach🇬🇧 Lykke, a UK-based crypto exchange, has shut down trading on June 6 due to “unauthorised access” to its platform. The closure follows a hack that resulted in $22 M in suspicious outflows. 🦊 #Metamask developer Taylor Monahan confirmed that the stolen funds included half in #bitcoin and the rest in $ETH {spot}(ETHUSDT) , $LTC {spot}(LTCUSDT) , and $BCH {spot}(BCHUSDT) . 👀 The website now displays a message indicating maintenance due to security issues. Lykke is the second #exchange hacked recently, following a $320 M theft from #DMMBitcoin on May 31. #IOprediction
📢 UK Crypto Exchange Halts Trading After $22M Security Breach🇬🇧 Lykke, a UK-based crypto exchange, has shut down trading on June 6 due to “unauthorised access” to its platform.
The closure follows a hack that resulted in $22 M in suspicious outflows.
🦊 #Metamask developer Taylor Monahan confirmed that the stolen funds included half in #bitcoin and the rest in $ETH
, $LTC
, and $BCH
.
👀 The website now displays a message indicating maintenance due to security issues.
Lykke is the second #exchange hacked recently, following a $320 M theft from #DMMBitcoin on May 31.
#IOprediction
Uniswap Acquires Crypto: The Game 🦄 #Uniswap’s , the decentralized #exchange developer, has purchased the hit reality-style crypto game "Crypto: The Game" (CTG) just before the new season kicks off. 🏝 "Crypto: The Game" is a Web3 survival game launched in January 2024, inspired by shows like Survivor and Squid Game. 800 players compete over ten days, facing elimination through challenges and votes until only one winner remains to claim the prize pool. Registration requires purchasing tickets for around 0.1 $ETH {spot}(ETHUSDT) . ▪️First season winner from Japan took home $150,000. ▪️ Second season finalist donated his prize of 71.8 ETH (~$210,000) to Tornado Cash developers. ▪️ NFT tickets for the spring season sold out in 15 minutes, with some reselled at a 40% premium. CTG founders Dylan Abruscato, Tyler Kagle, and Brian Lee will continue developing the game as Uniswap Labs employees. #IOprediction #BTC #bitcoin
Uniswap Acquires Crypto: The Game

🦄 #Uniswap’s , the decentralized #exchange developer, has purchased the hit reality-style crypto game "Crypto: The Game" (CTG) just before the new season kicks off.

🏝 "Crypto: The Game" is a Web3 survival game launched in January 2024, inspired by shows like Survivor and Squid Game. 800 players compete over ten days, facing elimination through challenges and votes until only one winner remains to claim the prize pool. Registration requires purchasing tickets for around 0.1 $ETH
.

▪️First season winner from Japan took home $150,000.

▪️ Second season finalist donated his prize of 71.8 ETH (~$210,000) to Tornado Cash developers.

▪️ NFT tickets for the spring season sold out in 15 minutes, with some reselled at a 40% premium.

CTG founders Dylan Abruscato, Tyler Kagle, and Brian Lee will continue developing the game as Uniswap Labs employees.
#IOprediction #BTC #bitcoin
🌖 Market Reactions and Token Performance The strategic decisions made by the community have impacted the performance of $LUNA {spot}(LUNAUSDT) in the market. After these votes, Terra Luna’s native token experienced a price drop of 1.68%, trading at $0.0001168. Also, the 24-hour trading volume rose by 10%. This increase indicates that the market has a favorable perception of the community’s actions, especially given that they are supporting development projects. This news comes when Binance, the world’s largest cryptocurrency #exchange , recently stood by the #TerraClassic community. On May 1st, 2024, Binance completed the 22nd $LUNC {spot}(LUNCUSDT) burn, where a massive 1. 35 billion tokens were removed from circulation. This move takes Binance’s total burned tokens to over 60 billion, which translates to nearly 52% of all LUNC burned by the entire Terra Classic community. The exchange’s commitment to transparency shines through its detailed burn process. Binance identifies the specific burn address where the 1.35 billion tokens were sent. #BTC #IOprediction #Binance200M
🌖 Market Reactions and Token Performance

The strategic decisions made by the community have impacted the performance of $LUNA
in the market. After these votes, Terra Luna’s native token experienced a price drop of 1.68%, trading at $0.0001168. Also, the 24-hour trading volume rose by 10%. This increase indicates that the market has a favorable perception of the community’s actions, especially given that they are supporting development projects.

This news comes when Binance, the world’s largest cryptocurrency #exchange , recently stood by the #TerraClassic community. On May 1st, 2024, Binance completed the 22nd $LUNC
burn, where a massive 1. 35 billion tokens were removed from circulation. This move takes Binance’s total burned tokens to over 60 billion, which translates to nearly 52% of all LUNC burned by the entire Terra Classic community. The exchange’s commitment to transparency shines through its detailed burn process. Binance identifies the specific burn address where the 1.35 billion tokens were sent.
#BTC #IOprediction #Binance200M
Hey #Binance Square fam! 🙌#BTC #exchange on binance It all started with a deep dive into the crypto market, analyzing trends, and keeping my ear to the ground for any whispers of the next big thing. 🔍 And let me tell you, when I caught wind of a promising new project, I didn't hesitate to jump in with both feet! 🏃‍♂️
Hey #Binance Square fam! 🙌#BTC #exchange on binance It all started with a deep dive into the crypto market, analyzing trends, and keeping my ear to the ground for any whispers of the next big thing. 🔍 And let me tell you, when I caught wind of a promising new project, I didn't hesitate to jump in with both feet! 🏃‍♂️
I am shocked to see price increase only on Shit coins or coins that none is watching so becomes easy for Binance to boost them as trading volume is so low , manipulation upwards favors the exchange and whales All major coins are just being manipulated downwards to get liquidity and then wasting a week before moving up so traders get out of their trades . What a strategy but shameful as usual. Good Luck #binance #scam #trade #manipulation #exchange
I am shocked to see price increase only on Shit coins or coins that none is watching so becomes easy for Binance to boost them as trading volume is so low , manipulation upwards favors the exchange and whales

All major coins are just being manipulated downwards to get liquidity and then wasting a week before moving up so traders get out of their trades .

What a strategy but shameful as usual.

Good Luck #binance #scam #trade #manipulation #exchange
What Are Crypto Exchanges And How Do They Work? The size of the cryptocurrency market is now worth more than one trillion, witnessing a craze for digital currencies and decentralized finance. Every now and then hundreds and thousands of virtual currencies are cropping up. The curious segment of crypto investors thus need to know more about a proper platform which allows them to trade swiftly in various digital assets. Just like traditional stock and commodities exchanges, cryptocurrency exchanges are also kinds of platforms that facilitate its participants to trade in different kinds of cryptocurrencies. Especially after the fallout of leading crypto exchanges of the world, FTX and now the Binance-SEC saga, there is a high level of curiosity to understand more about these exchanges. To help, Forbes Advisor India has prepared a detailed guide on cryptocurrency exchanges, how they function, their types, pros and cons and most importantly listed all the red flags to watch out that a cryptocurrency exchange might possess for a potential customer. #exchange #WorkFromHome
What Are Crypto Exchanges And How Do They Work?
The size of the cryptocurrency market is now worth more than one trillion, witnessing a craze for digital currencies and decentralized finance. Every now and then hundreds and thousands of virtual currencies are cropping up. The curious segment of crypto investors thus need to know more about a proper platform which allows them to trade swiftly in various digital assets.

Just like traditional stock and commodities exchanges, cryptocurrency exchanges are also kinds of platforms that facilitate its participants to trade in different kinds of cryptocurrencies.
Especially after the fallout of leading crypto exchanges of the world, FTX and now the Binance-SEC saga, there is a high level of curiosity to understand more about these exchanges.

To help, Forbes Advisor India has prepared a detailed guide on cryptocurrency exchanges, how they function, their types, pros and cons and most importantly listed all the red flags to watch out that a cryptocurrency exchange might possess for a potential customer.
#exchange
#WorkFromHome
Bloomberg: #Kraken Prepares for IPO According to #Bloomberg , Kraken has begun negotiations for a pre-IPO round to raise $100 million.💰 🔍 The #exchange is also seeking a well-known company to join its board of directors and help it successfully conduct the IPO next year. #TopCoinsJune2024 #BTC
Bloomberg: #Kraken Prepares for IPO

According to #Bloomberg , Kraken has begun negotiations for a pre-IPO round to raise $100 million.💰

🔍 The #exchange is also seeking a well-known company to join its board of directors and help it successfully conduct the IPO next year.
#TopCoinsJune2024 #BTC
Technical failure at the NYSE 👀 An unexpected technical failure occurred on the #NYSE , which led to a sharp drop in the shares of some companies. In particular, shares of Berkshire Hathaway fell by 99.9%. 📉 This was due to a malfunction in the application processing system, which led to the incorrect determination of share prices. 🤷 Trading was temporarily suspended for some #stocks while the #exchange investigated the cause of the outage. Experts believe that this may be due to changes in the software or insufficient scalability of the system. And they say crypto trading is unreliable... 🤔 #BnbAth #StartInvestingInCrypto
Technical failure at the NYSE

👀 An unexpected technical failure occurred on the #NYSE , which led to a sharp drop in the shares of some companies. In particular, shares of Berkshire Hathaway fell by 99.9%. 📉 This was due to a malfunction in the application processing system, which led to the incorrect determination of share prices.

🤷 Trading was temporarily suspended for some #stocks while the #exchange investigated the cause of the outage. Experts believe that this may be due to changes in the software or insufficient scalability of the system.

And they say crypto trading is unreliable... 🤔
#BnbAth #StartInvestingInCrypto
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