📊🔍 Tomorrow is VERY KEY for Crypto.
You NEED to pay attention.
For those not familiar with USD data, I'll keep this simple.
Last week, crypto rallied due to the Consumer Price Index (CPI) inflation data coming in lower, suggesting that interest rates (the cost to borrow money and the reward for saving it) might decrease.
Tomorrow, the focus is on the FOMC minutes.
The KEY FOCUS for traders in the FOMC minutes will be the current CPI (Inflation) data trending lower (headline, Core, PEC) recently.
WHAT YOU NEED TO KNOW!
First, although VERY VERY unlikely, if the FED decides to cut interest rates in July, the crypto market will likely go parabolic (short to mid-term).
Realistically, what we want for crypto is strong sentiment towards a rate cut in September (this will help keep current crypto prices stable, short to mid-term).
The worst-case scenario, though EXTREMELY unlikely, is that an interest rate hike could still occur, which would significantly drive down crypto prices.
In my opinion, they will lean towards an interest rate cut in September. They might hint at this as their plan but NOT confirm anything.
DON’T enter short-term trades around this time; it could become very volatile in ANY direction.
I write and research all I post. If you found this helpful, please consider following. A like is always appreciated 😊

👍 Like | 💬 Comment | ↪️ Share🚀

🔥 Please follow @Coinaute Binance Square account ! 🚀🔥

- Website: coinaute.com
- Twitter: Coinaute EN
- Binance Square #coinaute

#CryptoWatchMay2024 #MemeWatch2024

Investing in cryptocurrencies can be risky, and it's important to understand those risks. Take the example of someone who invested $5000 in a cryptocurrency called $LUNC when it was doing well. They bought 41 LUNC tokens, feeling confident in its potential. However, within a month, $LUNC crashed from $119 to a tiny fraction of a cent. By May 13, 2022, their $5000 investment was worth less than $4. Some traders lost huge amounts of money in this crash, with losses ranging from $50,000 to over $100,000.
This crash isn't unique to $LUNC. Any cryptocurrency, including big names like $SOL and $ETH, can experience similar crashes if their development teams aren't careful or if there's a security breach. It's a reminder that crypto investing is risky, and not everyone will make a profit. It's essential to be cautious and stay informed about the projects you invest in. While there can be opportunities for profit, there's also the potential for significant losses.
We're not trying to spread fear, uncertainty, and doubt (FUD), but it's crucial to be aware of the risks involved in trading and investing in cryptocurrencies. Do well to share this post with others, and make sure to follow us for more updates.
#cryptosolutions #Binance #DeFi $BTC
Like | 💬 Comment | ↪️ Share🚀

🔥 Please follow @Coinaute e Binance Square account! 🚀🔥

- Website: coinaute.com
- Twitter: Coinaute EN

#CryptoWatchMay2024

As the US Presidential elections are rapidly approaching, cryptocurrencies come to the fore in this election process, unlike other elections. Presidential candidates Donald #Trump and Joe Biden make different statements about cryptocurrencies.
While #DonaldTrump declared full support for #Bitcoin (BTC) and cryptocurrencies, Joe Biden initially took an opposing stance on cryptocurrencies. However, Biden's attitude towards cryptocurrencies has started to change recently. Biden began reaching out to prominent figures in the crypto industry, seeking guidance on crypto policies.
According to some American sources, Biden's election team contacted many cryptocurrency experts, including some industry players previously criticized by Biden. It was stated that this move was part of Biden's search for guidance on the future of the crypto community and crypto policies.
According to the source, Biden's interest in the cryptocurrency world started about two weeks ago. It is stated that behind this changing attitude of #Biden lies his acceptance that cryptocurrencies are an important influencing factor in the presidential race.

🔥🚀 Rumors are circulating that Qatar's Sovereign Wealth Fund is considering a $500 billion investment in Bitcoin. If this were to be true, this would happen:

Since there are only 1,796,761 ($75.4 billion) Bitcoin left on the market to buy, if they really allocate $500,000,000,000 to buy Bitcoin, it will easily catapult the price up to $200,000.

$BTC C

👍 Like | 💬 Comment | ↪️ Share🚀

Please follow @Coinaute Binance 💥🚀
- Website: https//www.coinaute.com/en
- Twitter: Coinaute EN
- Binance Square #coinaute

🚩 Amidst the recent rise of celebrity Memecoins such as Iggy Azalea, Caitlyn Jenner and Davidos - let us remind you why they are probably sh*tcoins.
Celebrities have been launching scam coins since 2017, check out these 7 celebrity scums who robbed their fans of thousands of dollars

Here are 7 biggest celebrity rug pulls in history👇 :

1. Davido:

He shilled RapDoge in 2021 and dumped $300k on his followers.

Davido did the same with 6 other coins, including one he launched yesterday.

2. Adin Ross

In 2021's Crypto Bullrun, influencers revealed their true colors.

Adin got $186k for promoting a token on stream.

A bit later he admitted on stream it was a scam...

3. Lindsay Lohan

Back in 2021, she shilled several tokens, including DaughterDoge and MetaNetflix. Both rugged.

She also promoted Canine Cartel NFTs that, you guessed it, went to zero.

4. Floyd Mayweather

2017: Centra ICO
2021: EMAX coin
2022: Bored Bunny NFTs, Floyd NFT Mayweather, Floyd's World, Bored BAD Bunny (all went to zero lmao)

Fun fact: SEC sued him in 2018, he paid $614k in fines but continued promoting.

5. Shaquille O'Neal

If you are an OG in the space you definitely heard of Astrals on SOL.

Shaq co-founded Solana NFT collection “Astrals”.

But when FTX collapsed he abandoned the project. People were furious and in September 2023 he got sued.

6. Lil Uzi Vert.

During Solana summer back in 2021 Lil Uzi Vert decided to become the face of Eternal Beings collection.

He quickly deleted the post after the launch and the project eventually rugged.

7. Rich the Kid

He shilled and co-founded a collection that was named after him.

They raised around $2M and then vanished.

Honorable mentions:

Lana Roades with CryptoSis, 6ix9ine's Trollz NFTs, and the dynamic duo Logan and Jake Paul with CryptoZoo + StickDix (why would anyone buy this?)
❤️ Like | 💬 Comment | ↪️ Share 🚀
🔥 Please follow @Coinaute on #Binance Square! 🚀🔥
- Website: coinaute.com
- Twitter: Coinaute EN
- Binance Square #coinaute
#ScamRiskWarning #memecoin⁠⁠⁠⁠ #EarnFreeCrypto2024

🚨 Inflation data could be the key to Bitcoin’s next major price surge, according to a leading crypto analyst. 👀
Bitcoin’s price movements may seem random, but critical drivers like inflation are at the heart of its behavior, says Markus Thielen, head researcher at 10x Research. According to Thielen, Bitcoin will need to see a slowdown in U.S. inflation when the Consumer Price Index (CPI) results are released next month to consider surpassing its all-time highs from March.
“If inflation prints 3.3% or lower, Bitcoin should make a new all-time high,” Thielen stated in a May 29 report, ahead of the U.S. Bureau of Labor Statistics (BLS) releasing the CPI results on June 12. This would represent a slight decrease from the previous CPI result of 3.4% reported on May 15.
Thielen anticipates that, in the weeks leading up to the May CPI release, spot Bitcoin exchange-traded funds (ETF) inflows will “remain strong” in anticipation of favorable inflation data. However, if CPI results exceed expectations, momentum could weaken, as has been observed earlier this year.
Spot Bitcoin ETF Inflows and CPI Impact
Since May 13, spot Bitcoin ETF inflows tracked by Farside data have been positive daily, peaking on May 21 with $305.7 million in inflows. Thielen argues that Bitcoin’s price movements are not random but are influenced by critical drivers, with inflation being a primary factor.
Throughout this year, Bitcoin’s price has often declined following higher-than-expected CPI results. For instance, on April 10, when the CPI printed at 3.5%, just 0.1% higher than expected, Bitcoin’s price dropped 6.67% to $56,000 by April 30.
Historical CPI Influence on Bitcoin
Thielen highlighted that when spot Bitcoin ETFs launched on January 11, there were substantial inflows of $611 million on the first day. However, the rest of January’s inflows were disappointing, largely due to CPI results exceeding expectations. The CPI came in at 3.4%, higher than the expected 3.2% and the previous month’s 3.1%.
“It is no coincidence that Bitcoin was weak in January, stronger into March, but then consolidated for two months,” Thielen noted.
As the crypto market awaits the next CPI release on June 12, all eyes will be on whether inflation data meets or falls below the critical 3.3% mark, potentially paving the way for Bitcoin to achieve new heights.
❤️ Like | 💬 Comment | ↪️ Share 🚀
🔥 Please follow @Coinaute on #Binance Square! 🚀🔥
- Website: coinaute.com
- Twitter: Coinaute EN
- Binance Square #coinaute
$BTC #Bitcoin #btc70k #BTC

What’s The Best Way To Earn Free Crypto?
Earning free cryptocurrency has become increasingly appealing in 2024, by offering a way to diversify portfolios, learn about crypto, and generate passive income. Various ways to earn free crypto include:
AirdropsStakingCrypto faucetsLearn and earnP2E gamesReferral programsCrypto cashback and savings accountsMiningBug bountiesTestnets
With methods like crypto airdrops, staking crypto, and crypto cashback, enthusiasts can earn free cryptocurrency without significant investment. However, it’s essential to be aware of potential risks, including scams and market volatility.
By understanding these opportunities and challenges, individuals can safely explore how to get free crypto and potentially benefit from the evolving crypto landscape.
10 Ways To Earn Free Crypto
In 2024, there are numerous methods to earn free crypto, making it easier than ever to get involved in the cryptocurrency space. Here are ten effective ways to start earning today.
1. Airdrops
Crypto airdrops involve distributing free tokens to users, typically as part of a promotional campaign. Participants usually need to complete simple tasks like signing up for newsletters or following social media accounts of crypto projects.
Airdrops are an ideal way to earn free crypto for those who do not want to invest a significant chunk of their earnings in digital assets.
Examples Of Successful Airdrops In Crypto
Some of the successful airdrops of the cryptocurrency world include:
Uniswap (UNI) Airdrop
Date: September 2020Description: Uniswap, a decentralized exchange, airdropped 400 UNI tokens to users who had interacted with the platform before September 1, 2020. This airdrop rewarded early adopters and boosted community engagement, leading to significant trading volume and liquidity on the platform.
dYdX (DYDX) Airdrop
Date: August 2021Description: The decentralized exchange dYdX rewarded users with DYDX tokens based on their trading activity. This airdrop incentivized active traders and promoted the use of dYdX’s Layer 2 protocol, enhancing user experience and platform adoption.
1inch (1INCH) Airdrop
Date: December 2020Description: 1inch, a decentralized exchange aggregator, airdropped 1INCH tokens to users who had previously interacted with the platform. The airdrop helped decentralized governance efforts and encouraged more users to participate in the ecosystem.
Axie Infinity (AXS) Airdrop
Date: October 2021Description: Axie Infinity, a popular play-to-earn blockchain game, airdropped AXS tokens to early adopters and players who had engaged with the platform. This airdrop rewarded the community and bolstered the game’s economy, driving further engagement and growth.
The Sandbox (SAND) Airdrop
Date: February 2021Description: The Sandbox, a virtual world where players can build, own, and monetize gaming experiences, airdropped SAND tokens to LAND holders and early adopters. This airdrop promoted the development of the metaverse and incentivized user participation in the ecosystem.
How To Avoid Falling For Airdrop Scams
Here are some tips on avoiding airdrop scams in crypto:
Never share private keys: Legit airdrops will never ask for your private keys. Be aware if you are being asked for such sentimental information.Verify authenticity: Always cross-check the projects offering airdrops via their social media handles, community forums and also DYOR on the project’s team.Avoid impersonators: Watch out for fake accounts and impersonators on social media and communication platforms. Always interact with verified accounts and official groups.
2. Staking
Staking is the practice of keeping a specific quantity of cryptocurrency in a wallet to maintain a blockchain network’s security and functionality. Participants receive prizes in exchange, usually in the form of more cryptocurrency. Staking is frequently linked to consensus procedures like proof-of-stake (PoS).
Different Types Of Staking Options
PoS staking: Participants lock their coins in a wallet to support network operations such as validating transactions. In return, they earn additional cryptocurrency based on the amount staked and the duration of staking. Ethereum (after The Merge) and Cardano are examples of this type of staking.Delegated proof-of-stake staking: Coin holders vote for a small number of delegates who validate transactions and maintain the blockchain, and rewards are distributed to delegates, who then share a portion with their voters. EOS and TRON are examples of delegated PoS staking.Liquid staking: To continue earning staking rewards, stakers obtain tokenized representations of their staked assets, which they can use in DeFi protocols. Lido andRocket Pool are example protocols offering liquid staking. Users earn extra rewards from DeFi activities in addition to staking incentives.DeFi staking: To get rewards for actions like lending, liquidity provision, and yield farming, users lock their assets in DeFi platforms like Aave and Uniswap. In return, they receive governance tokens, trading fees, or interest.
Risks and rewards of staking
Rewards Of Staking
Passive income: Earn regular rewards in the form of additional cryptocurrency.Network participation: Contribute to network security and decentralization.Potential appreciation: Benefit from the potential increase in the value of the staked tokens.
Risks Of Staking
Lock-up periods: Funds are often locked for a set period, reducing liquidity.Slashing: Misbehavior or technical issues can result in loss of a portion of staked funds.Market volatility: The value of staked tokens can decrease due to market fluctuations.Platform risk: Centralized staking platforms may pose security or custodial risks.
3. Crypto Faucets
Crypto faucets are online services that give users free or minimal amounts of cryptocurrency in return for doing easy activities. These websites, which take their name from the idea of water faucets dripping water, “drip” little amounts of altcoins, or cryptocurrency such as Bitcoin (BTC), Ethereum (ETH), or other.
To get their rewards, users usually have to register, finish tasks like playing games, watching advertisements, or solving captchas. Crypto faucets serve as an entry to cryptocurrencies for novice users, enabling them to amass modest sums without making a full purchase.
Popular Crypto Faucet Websites
FreeBitco.in: This is one of the most reputable and established Bitcoin faucets. Users may earn Bitcoin there by taking part in lotteries, playing games, and rolling dice once per hour.Cointiply: This adaptable faucet gives users Bitcoin in exchange for playing games, finishing surveys, and viewing movies. For consistent users, it also provides a loyalty incentive.Faucet crypto: Numerous cryptocurrencies are available through this faucet. Users can easily withdraw their earnings through a variety of tasks, such as PTC advertisements, surveys, and shortlinks.
Pros And Cons Of Using Crypto Faucets
Crypto faucet use has a number of benefits and drawbacks. Positively, they give novices a simple, risk-free way to learn about digital assets without having to invest money and to buy tiny amounts of cryptocurrencies.
Additionally, they provide users with the chance to earn cryptocurrency through easy and entertaining activities. But because the rewards are usually so low — typically only a few cents worth of cryptocurrency per task — it takes a while to accrue substantial sums.
Furthermore, some faucets could ask for personal information or include invasive advertisements, which raises privacy concerns. Crypto faucets are still a well-liked entry point for new users looking to explore the world of cryptocurrency in spite of these disadvantages.
4. Learn And Earn
The following platforms provide incentives for learning about cryptocurrency:
Coinbase Earn: By completing learning activities and quizzes, users can earn a variety of cryptocurrencies on Coinbase Earn. In exchange for earning cryptocurrency rewards, users can learn about various digital assets.CoinMarketCap Earn: CoinMarketCap Earn provides informative articles regarding various cryptocurrencies and blockchain initiatives. By completing quizzes and viewing instructional films, users can earn cryptocurrency prizes.Gemini Earn: By taking part in several programs, Gemini Earn customers can earn interest on their cryptocurrency holdings. Users can learn about earning potential through staking and lending their digital assets, even though the platform isn’t solely educational.Kraken Learn: Provides instructional materials on trading, blockchain technology, and cryptocurrency. After finishing courses and quizzes, users can receive incentives.Binance Academy: Binance Academy offers an extensive library of educational materials regarding cryptocurrency and blockchain technology. Although it doesn’t provide incentives directly, users can learn things that may open up earning opportunities in the cryptocurrency market.
5. Play-To-Earn (P2E) Games
The idea of “play-to-earn” (P2E) gaming allows users to earn cryptocurrencies while engaging in video games. Because there is a chance to make significant money, its popularity is growing. But it does take a lot of time, and some games can require a one-time payment.
Popular P2E Games To Earn Free Crypto
Popular P2E games consist of:
Decentraland: A virtual reality marketplace where users can create, buy, and trade virtual property while earning cryptocurrency through a variety of in-app purchases.Axie Infinity: In Axie Infinity, players must gather, breed, and combat Axies to get AXS, the native token, and SLP, the smooth love potion that can be exchanged for other cryptocurrencies.Sandbox: The Sandbox is a virtual environment where users may design, possess, and profit from their game experiences and assets by engaging in activities like asset trading and game production with the platform’s native currency, SAND.
6. Referral Programs
Platform Offering lucrative Referral Bonuses In Crypto
Referral programs provide cryptocurrency payouts to users. These include:
Coinbase: Provides Bitcoin referral fees to both the referrer and the referee upon the referee’s completion of an eligible purchase or exchange.Binance: When the referee completes trades, Binance offers referral benefits in a variety of cryptocurrencies, including BNB, BTC, and more.BlockFi: When a referee puts a specific quantity of cryptocurrency into their BlockFi account, BlockFi offers referral benefits in Bitcoin for both parties.
These platforms encourage user growth and engagement by rewarding users in cryptocurrency for referring friends and completing particular tasks.
7. Crypto Cashback And Savings Accounts
Platforms such as crypto cashbacks provide incentives in cryptocurrencies for regular purchases. The site allows users to attach their credit or debit cards, records transactions, and rewards them with cryptocurrency rather than conventional cashback.
Gaining cryptocurrency via purchases is one advantage, as is the possibility of gradually acquiring priceless things. On the other hand, concerns include unclear regulations and platform security. Furthermore, interest rates on savings accounts for cryptocurrency can fluctuate depending on the state of the market.
Although these platforms provide a novel means of earning cryptocurrency, users should consider the dangers before using them, such as platform security and variable interest rates.
8. Mining
Various Methods To Mine Cryptocurrencies
Solo mining: Miners work independently to validate blocks on a blockchain, receiving full rewards but facing low probability due to high competition.Pool mining: Miners join pools to combine computational power, sharing rewards based on contributions, offering more consistent returns.Cloud mining: Miners rent computing power from remote data centers, avoiding hardware costs but facing potential scams and reduced profitability.
Hardware And Energy Requirements For Successful Mining
Successful mining often requires specialized hardware like ASICs for Bitcoin or GPUs for Ethereum. It is crucial to note that mining consumes substantial energy, impacting profitability and environmental concerns, particularly for proof-of-work cryptocurrencies.
9. Bug Bounties
Crypto projects need bug bounty programs to be secure, and the top platforms in this regard include HackerOne, Bugcrowd, and Synack. These sites support bug bounty programs for several cryptocurrency companies, such as Ripple and Coinbase, as well as exchanges like Gemini and Coinbase.
To participate, you must possess a strong cybersecurity skill set, including the ability to recognize vulnerabilities like SQL injection and cross-site scripting. Furthermore, it is essential to have a thorough understanding of smart contract security and blockchain technology.
Bug bounty hunters contribute to the continued robustness of the cryptocurrency ecosystem by identifying possible dangers and getting paid for their work.
10. Testnets
By taking part in testnets, where new protocols or decentralized apps (dApps) are tested before launch, users can receive incentives. Contributions from testnet users include functionality testing, problem reporting, and feedback.
The project team pays them in exchange by giving them testnet tokens or other incentives. Contributions determine the rewards, which can be tokens, access to premium services, or the chance to take part in token airdrops when the mainnet launches.
Participating in testnets gives users the chance to earn benefits and promote the creation of reliable and secure blockchain ecosystems, in addition to giving them early access to new projects.
Conclusion
In 2024, there are many ways to get free cryptocurrency, from bug bounties to airdrops. Certain techniques call for little financial outlay or technological know-how, while others call for resources and experience.
It’s critical to comprehend the hazards, which include platform security, market volatility, and frauds. Enthusiasts can successfully navigate the crypto landscape by carrying out in-depth research and selecting techniques that are in line with their personal objectives and risk tolerance.
Ultimately, obtaining free cryptocurrency requires patience, diligence, and thoughtful thought. Keep yourself updated, be alert, and take advantage of the variety of chances present in the always changing world of cryptocurrencies.
❤️ Like | 💬 Comment | ↪️ Share 🚀
🔥 Please follow @Coinaute on #Binance Square! 🚀🔥
- Website: coinaute.com
- Twitter: Coinaute EN
- Binance Square #coinaute
$STG $NOT #EarnFreeCrypto2024 #BinanceLaunchpool

Reading time: 3 minutes The cryptocurrency market is about to experience a new revolution with the upcoming launch of an Ethereum ETF. This event, highly anticipated by investors, could transform the financial landscape and strengthen the legitimacy of Ethereum as an investment asset. A major breakthrough for crypto ETFs Understanding ETFs and their importance An ETF, or Exchange […]

The article Imminent launch of an Ethereum ETF: A revolution for investors appeared first on Coinaute.

Reading time: 3 minutes Mastercard, a financial services giant, has just announced the launch of a new peer-to-peer (P2P) cryptocurrency payment service. This initiative marks a significant step in the adoption of cryptocurrencies by traditional financial institutions and could transform the way transactions are carried out globally. A new era for P2P payments […]

The article Mastercard launches peer-to-peer (P2P) crypto payment service appeared first on Coinaute.

Reading time: 2 minutes Dating apps have become a breeding ground for cryptocurrency scammers. In Canada, authorities are warning of an alarming increase in scams on these platforms. This article explores this worrying phenomenon, how it works, and what you can do to protect yourself. How do these scams work? The mechanisms […]

The article Cryptocurrency scams on dating apps in Canada: A growing scourge appeared first on Coinaute.