EOS is the native digital currency of the EOS.IO project, which helps developers build decentralized applications.
The EOS project was introduced in 2017 by two developers, B. Bloomer and D. Larimer. In the summer of the same year, a pre-sale of coins was held, which brought in an impressive $4.1 billion in profits.
EOS uses an innovative consensus algorithm, Delegated Proof of Stake (DPoS), which provides high performance and scalability of the network. This algorithm also allows users to vote for delegates who verify transactions on the blockchain and receive rewards for their activities.
Donald Trump Appointed Executive Director of the 'Crypto Council'
The newly elected President of the United States, Donald Trump, announced the appointment of 29-year-old Bo Hines as the Executive Director of the Presidential Advisory Council on Digital Assets (the so-called 'Crypto Council').
Trump stated that Hines will work alongside 'Crypto Czar' David Sachs to drive innovation and growth in the digital asset space, while providing industry leaders with the resources needed for success.
The largest meme coin by market capitalization, Dogecoin, turns 11 years old
On December 6, 2024, the meme coin Dogecoin (DOGE) turned 11 years old. Its current price is around $0.43, and over the last month, the asset's price has increased by more than 115%.
Dogecoin was created on December 6, 2013, by programmers Billy Markus and Jackson Palmer. They developed the meme coin as a joke payment system, mocking the wild speculative frenzy surrounding cryptocurrencies at that time.
Although the original idea was purely humorous, the asset gained popularity and support from celebrities such as Elon Musk. The symbol of DOGE became a photograph of a Shiba Inu dog named Kabosu, who passed away on May 24, 2024.
Currently, the market capitalization of the token exceeds $63 billion, making it the largest by this measure among meme coins and ranking seventh among all cryptocurrencies.
More than 213,000 crypto traders lost about $670 million as a result of position liquidations
On the night of December 5, 2024, the price of Bitcoin soared above the $104,000 mark. Over the course of 24 hours, the asset grew by 5.4%. Subsequently, the rate of the first cryptocurrency fell to about $102,000. Against this background, the volume of liquidations on the crypto market exceeded the $670 million mark in 24 hours.
Over the past 24 hours, 213,903 traders' positions were liquidated. About $370 million in losses came from long positions, and more than $303 million from short positions. Bitcoin and Ethereum predominate in terms of assets - positions worth about $177 million and $90 million were liquidated in pairs with these cryptocurrencies, respectively.
The largest amounts of liquidations were on the Binance and Bybit cryptocurrency exchanges - about $267 million and $162 million, respectively. The largest liquidation of $8.91 million was recorded on Bybit in the BTC/USD trading pair. #Btc
The Return of Tron and the BNB Record. What Happened to Leading Cryptocurrencies
The price of the cryptocurrency Tron (TRX) exceeded the historical maximum set almost seven years ago and reached $0.43 by the morning of December 4. The previous TRX record was recorded on January 5, 2018, at $0.3, after which the coin traded below this level for years and did not surpass it even at the peak of market cycles.
The coin rose by 71% in a day and returned to the top ten largest digital assets by market capitalization.
A new maximum was also shown by the BNB token (BNB) from Binance. On the night of December 3 to 4, it first reached a price of $771. Over the course of a day, the price of BNB increased by 17.5%. Over the month, the native token of the leading cryptocurrency exchange rose by 36%, and since the beginning of the year – by 143%.
The day before, Binance founder Changpeng Zhao hinted at the beginning of the "altcoin season." However, analysts warn that the upcoming "alt season" may not meet market expectations due to insufficient liquidity. #BNB #TRX
BounceBit is a Bitcoin staking protocol. The blockchain network combines decentralized financing mechanisms (DeFi) and centralized yield financing mechanisms (CeFi), allowing investors to earn income in a variety of ways.
BounceBit BB is a type of digital cryptocurrency that enables the creation of a modern asset through transactions between independent mining nodes and other technologies.
⚪️🟡Official BounceBit x Square Campaign Announcement! It’s simple—complete below tasks and earn $10,000 in rewards! Earn $BB coins by: 1. Following our account 2. Sharing this pinned post 3. Participating in eligible trading activities listed here: Official Campaign Post 4. Create a post with a minimum of 100 characters using the hashtag #BounceBit
BNB USDT is a cryptocurrency trading pair that represents the value of Binance Coin (BNB) in the form of Tether (USDT), a stablecoin pegged to the US dollar. In other words, it shows how much Tether it takes to buy one unit of Binance Coin. The BNB/USDT price can be more stable compared to other cryptocurrency pairs because Tether’s value is pegged to the US dollar. People trade BNB/USDT to take advantage of Tether’s stability while still participating in the cryptocurrency market and taking advantage of the price movement potential of Binance Coin.
Satoshi Nakamoto's Flying Circus Top 10 Cringemakers of the Past 10 Years:
- Hey hey hey… Carlos Matos and BitConnect, convicted of a Ponzi scheme;
- Zero! In 2018, Dan Peña was very aggressive in his claims that Bitcoin would go to zero;
- "Faketoshi" Craig Wright, who claimed to be the inventor of Bitcoin;
- Bitcoin Jesus. Roger Ver, who bought the first BTC in 2011 but failed to convince others of the legitimacy of Bitcoin Cash.
Other notable mentions include (Bitcoin Miami 2021) an unknown Dogecoin fan, Ben Armstrong (BitBoy), (Choose rich) Nick O'Neil (NFT Nick), Vitalik Buterin rapping about Ethereum 2.0, and Sam Bankman-Fried (SBF) and Caroline Ellison, who are known for their controversial comments.
American woman sues Google for losing $5 million through crypto app
Florida resident Maria Vaca has filed a lawsuit against Google demanding compensation for more than $5 million lost through a fraudulent crypto app from the Google Play store. This is reported by The Block.
From February to July 2023, the woman invested about $4.6 million in digital assets through the Yobit Pro program. When the app showed a balance of $7 million, Vaca tried to withdraw the funds.
In response, she received a message about the need to deposit $500,000 in “taxes”. After paying the amount, she was asked for another $2 million.
When Vaca refused to transfer the additional ransom, she received “[…] messages in the messenger from unknown cybercriminals”.
According to the American, she downloaded the app because she was sure that Google prevents dubious offers for users.
The complaint notes that approximately 12,760 Android users have allegedly installed Yobit Pro via Google Play, and at least five have encountered a similar situation. #G-TeamNews #G-Team
The one who finds a way to peg USTC stablecoins to $1 will be given $250,000
Representatives of the crypto community have announced a $250,000 reward for solving the problem associated with pegging the price of the former TerraClassicUSD (USTC) stablecoin to $1.
The price of Terra USD (UST), later renamed TerraClassicUSD, collapsed in May 2022 as a result of the collapse of the Terra ecosystem. After the initial collapse, the price of the asset increased several times and reached $0.016, but is more than 98% lower than the figure recorded before the dump.
$USDC Members of the Terra Luna Classic crypto community decided to seriously take on the restoration of the ecosystem and invited everyone to try their hand at a bounty campaign aimed at finding a way to peg the value of USTC to $1. The person who comes up with an effective method will receive a $250,000 reward. #G-TeamNews @G-Team
There was a competition for feed authors with a prize from Binance: Post interesting content on Binance Square by following our list of hot topics from March 11 to March 25 and get a share of the FDUSD 1,000 prize pool and exclusive bonuses to boost your traffic! All authors who complete all 6 topics (with 6 eligible publications) will receive a portion of the $1,000 FDUSD prize fund.
We completed everything and received a reward 🎉 Thanks Binance for the contests🔥
Hey crypto enthusiasts! Have you heard about the latest activity happening on Binance Square? If not, you're in for a treat! Binance Square is rolling out a fantastic opportunity for all verified Binance users to earn some serious rewards.
📅 Activity Period: April 8th, 2024, 09:00 (UTC) - April 15th, 2024, 09:00 (UTC)
Here's a breakdown of what you can expect:
Activity 1: Share to Win
- Share any Binance Square link with your friends during the activity period.
- Get verified new referrals to sign up with Binance via your link and unlock Crypto Red Packets worth up to 0.5 USDT each for both you and your referral.
- Earn up to 5 USDT in Crypto Red Packets by referring friends! The more, the merrier!
- Remember, quality referrals lead to bigger rewards, so ensure your friends sign up and complete account verification for maximum benefits.
Activity 2: New Users Exclusive!
- New users signing up with Binance via the activity page can earn rewards up to 5.5 USDT! - Simply click into ten unique Binance Square links while logged in or complete a trade of at least $100 equivalent on various trading options.
- Rewards are limited and distributed on a first-come, first-served basis, so act fast to secure your share!
Terms & Conditions:
- Activities may not be available in all regions.
- Rewards are subject to caps per country/region.
- Users must be logged in to their verified Binance accounts to qualify for rewards.
- Additional terms and conditions apply, so be sure to check them out before participating.
Don't miss out on this incredible opportunity to earn rewards while engaging with the vibrant Binance community!
Get started today and unlock your share of over $35,000 worth of rewards! 💰💎
Robert Kiyosaki: “Bitcoin is on fire - expect $300,000 per coin”
The American investor, entrepreneur, author of the book “Rich Dad, Poor Dad” said that Bitcoin will rise in price to $300,000 by the end of the year. Now you can’t hesitate, you need to invest in Bitcoin, says Robert Kiyosaki. Even a small amount, at least $500. The entrepreneur assures that the first cryptocurrency is the best protection against hyperinflation that has hit world markets. #G-TeamNews #G-Team #BTC/USDT.
SAGA Game is a Web3 Layer1 Protocol designed for developers of projects such as games, entertainment, and financial platforms.
$SAGA offers developers low cost and highly configurable support.
#SAGALAUNCHPOOL
It also provides developers with ease in creating application-specific blockchains, becoming the top choice for game developers and aiming to provide a layer 1 foundation tailored to developers' needs.
In its rounds, $SAGA has raised $13.5 million in investment and is supported by notable names such as Samsung NEXT, Placeholder, GSR, and Polygon Studios.
MY PRICE ESTIMATE ! 🔥
What is the price of the $SAGA token for the upcoming listing?
SAGA has an initial circulating supply of 90 million, representing approximately 9% of the total supply of 1 billion.
SAGA may fluctuate between $5 and $7, and its market cap may range from $380m to $540m compared to other Launchpools.
Especially for those who hold stable coins or cash with no immediate short-term plans, these are great opportunities to add without taking additional risks beyond their current amount. If you hold $BNB in your spot wallet, you can start earning simply by staking it through the Launchpool page.
For projects that have never been listed on any exchange before and will be listed for the first time on Binance, Launchpool events are organized where we participate by locking $BNB or $FDUSD, as mentioned above.
Launchpool Pool Details:
▪︎ Maximum Supply: 1,000,000 SAGA ▪︎ Launchpool Rewards: 45,000,000 SAGA (4.5% of Max Supply) ▪︎ Initial Circulating Supply: 90,000,000 SAGA (9% of Max Supply) ▪︎ A total of 36,000,000 SAGA airdropped from the BNB pool ▪︎ A total of 9,000,000 SAGA airdropped from the FDUSD pool ▪︎ Farming Period: Will run from 05.04.2024 03:00 to 09.04.2024 02:59.
According to a recent statement from the Dubai Financial Services Authority (DFSA), Toncoin TON has received official recognition from the local government. #G-Team #G-TeamNews #GariMan