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Kasonso-Cryptography
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PI NETWORK FROM TRUSTED PROJECT TO HATED IF WILL GO AGAINST ITS PROMISE, READ HERE REASON BEHIND:
If Pi Network gets listed on a cryptocurrency exchange, it would go against its promise. Pi Network is considered a utility token, not a liquid asset. Those who participated in barter trades using GCV value might feel devastated because they sold their goods for a fixed price. Pi Network’s whitepaper emphasizes its utility-based nature, not liquidity.
#Openmainnet #PiNetworkMainnet
If Pi Network gets listed on a cryptocurrency exchange, it would go against its promise. Pi Network is considered a utility token, not a liquid asset. Those who participated in barter trades using GCV value might feel devastated because they sold their goods for a fixed price. Pi Network’s whitepaper emphasizes its utility-based nature, not liquidity.
#Openmainnet #PiNetworkMainnet
Kasonso-Cryptography
--
PI NETWORK 😳😳
Oh my gosh, this is way too much! Haha! In this project, I’m actually 50/50. I don’t want to believe it 100% because, at this rate, people are making money way too easily. 😂😂 I was just mining casually, without any high expectations like this. This is actually like a dream come true!
#PiNetworkMainnet
Oh my gosh, this is way too much! Haha! In this project, I’m actually 50/50. I don’t want to believe it 100% because, at this rate, people are making money way too easily. 😂😂 I was just mining casually, without any high expectations like this. This is actually like a dream come true!
#PiNetworkMainnet
LarkDavis
--
This guy was mining 1 Bitcoin every day on his $800 PC in 2011
Back then, each Bitcoin was worth an average of $15
Back then, each Bitcoin was worth an average of $15
#pi news related to binance exchange 💱 listing ?
BINANCE & Pi NETWORK
∆Why Binance Should List Pi Coin?
As the cryptocurrency landscape continues to evolve, Binance has consistently demonstrated its commitment to innovation and community-driven projects. One project that embodies these values is Pi Coin, a digital currency created by Stanford Ph.D.s with a vision to make cryptocurrency accessible to everyone.
*Decentralized and Community-Driven*
Pi Coin's decentralized nature, combined with its mobile-first approach, has attracted a massive global community. With over 20 million engaged users, Pi Coin has demonstrated its potential for widespread adoption. Binance, as a leader in the cryptocurrency space, has a unique opportunity to support this grassroots movement.
*Unique Consensus Algorithm*
Pi Coin's novel consensus algorithm, called the "Stellar Consensus Protocol," provides a secure, decentralized, and energy-efficient way to validate transactions. This innovative approach aligns with Binance's focus on cutting-edge technology and sustainability.
*Growing Ecosystem*
The Pi Coin ecosystem is rapidly expanding, with a growing network of developers, merchants, and users. By listing Pi Coin, Binance can tap into this vibrant ecosystem and provide its users with access to a promising new asset.
*Community Support*
The Pi Coin community is eager to see their favorite cryptocurrency listed on Binance. A listing would not only validate the project's potential but also provide a significant boost to the community's morale and enthusiasm.
In conclusion, listing Pi Coin on Binance would be a strategic move that aligns with the exchange's values of innovation, community-driven projects, and cutting-edge technology. We believe that Pi Coin has the potential to make a significant impact in the cryptocurrency space, and we look forward to seeing it listed on Binance soon.
#pinetworknews #pinetworkupdates
∆Why Binance Should List Pi Coin?
As the cryptocurrency landscape continues to evolve, Binance has consistently demonstrated its commitment to innovation and community-driven projects. One project that embodies these values is Pi Coin, a digital currency created by Stanford Ph.D.s with a vision to make cryptocurrency accessible to everyone.
*Decentralized and Community-Driven*
Pi Coin's decentralized nature, combined with its mobile-first approach, has attracted a massive global community. With over 20 million engaged users, Pi Coin has demonstrated its potential for widespread adoption. Binance, as a leader in the cryptocurrency space, has a unique opportunity to support this grassroots movement.
*Unique Consensus Algorithm*
Pi Coin's novel consensus algorithm, called the "Stellar Consensus Protocol," provides a secure, decentralized, and energy-efficient way to validate transactions. This innovative approach aligns with Binance's focus on cutting-edge technology and sustainability.
*Growing Ecosystem*
The Pi Coin ecosystem is rapidly expanding, with a growing network of developers, merchants, and users. By listing Pi Coin, Binance can tap into this vibrant ecosystem and provide its users with access to a promising new asset.
*Community Support*
The Pi Coin community is eager to see their favorite cryptocurrency listed on Binance. A listing would not only validate the project's potential but also provide a significant boost to the community's morale and enthusiasm.
In conclusion, listing Pi Coin on Binance would be a strategic move that aligns with the exchange's values of innovation, community-driven projects, and cutting-edge technology. We believe that Pi Coin has the potential to make a significant impact in the cryptocurrency space, and we look forward to seeing it listed on Binance soon.
#pinetworknews #pinetworkupdates
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#Halving will be started after few hours.
What will happen once halving is started.
Halving is just an event which needs to happen for the good of crypto.
1: Mega drop is expected in market in next 72 hours.
2: People will start hating crypto.
3: people will stop talking about crypro after some some time.
4: After 4 to 6 months market will start to rise again.
$BTC $BNB $ETH
#Megadrop
#Token2049
#bitcoinhalving
#Memecoins
What will happen once halving is started.
Halving is just an event which needs to happen for the good of crypto.
1: Mega drop is expected in market in next 72 hours.
2: People will start hating crypto.
3: people will stop talking about crypro after some some time.
4: After 4 to 6 months market will start to rise again.
$BTC $BNB $ETH
#Megadrop
#Token2049
#bitcoinhalving
#Memecoins
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Tokenized trading project Neutral and DLT Finance, a German brokerage firm, have built a blockchain-backed exchange for carbon credits – financial instruments that represent forests and renewable energy products that businesses can use to offset their carbon footprint.
The tokenized real-world asset (RWA) project isn’t the first to bet that blockchain can improve the multibillion-dollar carbon credit market. However, it is the first to secure regulatory approval – specifically from Germany’s financial regulator BaFin – to operate the exchange.
“We didn’t see anyone building the market infrastructure that would allow for traditional traders to interact with these assets,” Neutral CEO Farouq Ghandour said in an interview. He said his company is the “tech provider,” and DLT Finance provides “the regulatory backbone.”
The product removes the blockchain from the end-user experience. Basically, the 10 commodity trading houses and brokers that Ghandour said are being onboarded won’t need to think about tokenizing this or decentralizing that – and they certainly won’t need a MetaMask wallet.
Instead, the exchange will aim to be just like any other buttoned-up platform for commodities swaps, Ghandour said, with much better liquidity for large-scale trades than one might find on decentralized exchanges (DEX).
“There’s a lot of reluctance to work with DEXs," Ghandour said, explaining why the crypto world’s existing blockchain-based carbon markets haven’t really caught on – and how his might. He said it’s very important for financial institutions to have a regulated counterparty.
The tokenized real-world asset (RWA) project isn’t the first to bet that blockchain can improve the multibillion-dollar carbon credit market. However, it is the first to secure regulatory approval – specifically from Germany’s financial regulator BaFin – to operate the exchange.
“We didn’t see anyone building the market infrastructure that would allow for traditional traders to interact with these assets,” Neutral CEO Farouq Ghandour said in an interview. He said his company is the “tech provider,” and DLT Finance provides “the regulatory backbone.”
The product removes the blockchain from the end-user experience. Basically, the 10 commodity trading houses and brokers that Ghandour said are being onboarded won’t need to think about tokenizing this or decentralizing that – and they certainly won’t need a MetaMask wallet.
Instead, the exchange will aim to be just like any other buttoned-up platform for commodities swaps, Ghandour said, with much better liquidity for large-scale trades than one might find on decentralized exchanges (DEX).
“There’s a lot of reluctance to work with DEXs," Ghandour said, explaining why the crypto world’s existing blockchain-based carbon markets haven’t really caught on – and how his might. He said it’s very important for financial institutions to have a regulated counterparty.
Solana-based goose-themed meme coin Honk debuted on January 13, starting a rivalry with Solana meme coin Bonk. Honk meme coin project states it has only one goal to flip Bonk in market cap and price. HONK is inspired by the viral video game “Untitled Goose Game.”
Can Honk Flip Bonk?
The recent growth of the Solana ecosystem was backed substantially by meme coins Bonk, Dogwifhat, Myro, and others. Honk tries to flip Solana’s top Bonk meme coin, which currently has a $613 million market cap.
Bonk has a huge following and holders after the recent airdrop, which even caused Solana Mobile Saga smartphone to go sold out as people rushed to buy the smartphone to get free BONK airdrops.
Meanwhile, Honk has a market cap of just $11.44 million and a max token supply of 1 billion. Interestingly, Honk has a unique tokenomics structure, featuring a 0% tax on transactions, making it a user-friendly and attractive investment.
Honk said the Instagram advertising campaign for the meme crypto was a massive success, pushing it into the trending sections for both CoinMarketCap and Solana.
Where Can You Buy HONK?
HONK meme cryptocurrency is available to purchase on crypto exchanges including Raydium, Orca, Poloniex, Jupiter, LBank. The listings have caused a prompt buying of HONK as the meme coin project plans to conduct surprise airdrops in the few months.
MEXC has announced the listing of HONK, becoming the third centralized exchange to list HONK. MEXC will list the meme coin in HONK/USDT trading pair. Users can start trading on February 7 at 04:00 UTC.
Honk asserts there will be many more listings coming in the future as the community continues to expand and demand for it continues to rise.
HONK Price Rally While BONK Fades
HONK price rallied over 800% after debut last month, but gave some gains. The price is still trading above 400% and trading at $0.01236. It hit a high of $0.02472 from the all-time low price of $0.002431.
Can Honk Flip Bonk?
The recent growth of the Solana ecosystem was backed substantially by meme coins Bonk, Dogwifhat, Myro, and others. Honk tries to flip Solana’s top Bonk meme coin, which currently has a $613 million market cap.
Bonk has a huge following and holders after the recent airdrop, which even caused Solana Mobile Saga smartphone to go sold out as people rushed to buy the smartphone to get free BONK airdrops.
Meanwhile, Honk has a market cap of just $11.44 million and a max token supply of 1 billion. Interestingly, Honk has a unique tokenomics structure, featuring a 0% tax on transactions, making it a user-friendly and attractive investment.
Honk said the Instagram advertising campaign for the meme crypto was a massive success, pushing it into the trending sections for both CoinMarketCap and Solana.
Where Can You Buy HONK?
HONK meme cryptocurrency is available to purchase on crypto exchanges including Raydium, Orca, Poloniex, Jupiter, LBank. The listings have caused a prompt buying of HONK as the meme coin project plans to conduct surprise airdrops in the few months.
MEXC has announced the listing of HONK, becoming the third centralized exchange to list HONK. MEXC will list the meme coin in HONK/USDT trading pair. Users can start trading on February 7 at 04:00 UTC.
Honk asserts there will be many more listings coming in the future as the community continues to expand and demand for it continues to rise.
HONK Price Rally While BONK Fades
HONK price rallied over 800% after debut last month, but gave some gains. The price is still trading above 400% and trading at $0.01236. It hit a high of $0.02472 from the all-time low price of $0.002431.
According to Martin Folb, a cryptocurrency influencer who goes by as MartyParty on X (formerly Twitter), the managers of the FTX estate need to provide more clarity on their handling of the bankruptcy process. Folb believes more funds are circulating within the FTX system than the current managers are paying to affected victims.
So if @FTX_Official current management and bankcrupcy people are paying creditors $18 a $SOL but they sold it for $50-100 where does the difference go? Where is that money? I think its billions of dollars?👀
The lawyers are making $40m a day in fees. Are they paying themselves…
— MartyParty (@martypartymusic) February 5, 2024
In a recent post on X, Folb noted that FTX’s current managers and bankruptcy handlers are paying creditors $18 per SOL. However, they sold their SOL tokens for between $50 and $100. Folb thinks that the volume of SOL tokens sold by FTX reflects an inflow of several billion dollars. Hence, he asked what was happening to the difference.
Folb questions the earnings of the lawyers handling the FTX bankruptcy case. According to the influencer, FTX lawyers pay themselves $40 million daily in fees, an amount he considers outrageous and unacceptable.
Folb highlighted a March 2023 report by The Kobeissi Letter, an X account that comments on the global capital markets. The report noted that FTX lawyers charged $38 million for legal fees in the month of January 2023, rather less than $40 million per day claimed by Folb. It also highlighted that the amount was split across over 200 lawyers working on the FTX case.
The Kobeissi Letter extended its report beyond FTX, noting that outrageous legal fees are not peculiar to FTX. The report listed other notable crypto-related fines and lawsuits in 2023 alone, including Coinbase, Binance, Silvergate, Terraform, and many more.
So if @FTX_Official current management and bankcrupcy people are paying creditors $18 a $SOL but they sold it for $50-100 where does the difference go? Where is that money? I think its billions of dollars?👀
The lawyers are making $40m a day in fees. Are they paying themselves…
— MartyParty (@martypartymusic) February 5, 2024
In a recent post on X, Folb noted that FTX’s current managers and bankruptcy handlers are paying creditors $18 per SOL. However, they sold their SOL tokens for between $50 and $100. Folb thinks that the volume of SOL tokens sold by FTX reflects an inflow of several billion dollars. Hence, he asked what was happening to the difference.
Folb questions the earnings of the lawyers handling the FTX bankruptcy case. According to the influencer, FTX lawyers pay themselves $40 million daily in fees, an amount he considers outrageous and unacceptable.
Folb highlighted a March 2023 report by The Kobeissi Letter, an X account that comments on the global capital markets. The report noted that FTX lawyers charged $38 million for legal fees in the month of January 2023, rather less than $40 million per day claimed by Folb. It also highlighted that the amount was split across over 200 lawyers working on the FTX case.
The Kobeissi Letter extended its report beyond FTX, noting that outrageous legal fees are not peculiar to FTX. The report listed other notable crypto-related fines and lawsuits in 2023 alone, including Coinbase, Binance, Silvergate, Terraform, and many more.
$BTC Binance will pay users of the crypto platform from $10,000 to $5 million for information that allows them to identify corrupt employees. Binance co-founder Yi He announced that the exchange is revising its token listing procedures and creating a reward pool for reporting reliable information about corrupt personnel.
On social network X, she said that the exchange administration is extremely concerned about rumors in the crypto community about the corruption of some of the company’s employees. In particular, we are talking about the discussion related to the recent collapse in the price of Ronin (RON) tokens after listing on Binance. The token of the gaming blockchain project of the same name grew in price by more than 30% a week before the announcement, and an hour after Binance announced the listing, it collapsed by more than 26%.
Some members of the crypto community cited the leak of proprietary information inside Binance as the reason for the sharp drop in RON. In their conclusions, they refer to the opinion of Coinbase director Conor GROGAN, who stated that two weeks before the listing, several crypto wallets were actively buying Ronin tokens. Grogan suggested that the wallets may be linked to members of the Binance listing team.
Image: #Binance #btc
On social network X, she said that the exchange administration is extremely concerned about rumors in the crypto community about the corruption of some of the company’s employees. In particular, we are talking about the discussion related to the recent collapse in the price of Ronin (RON) tokens after listing on Binance. The token of the gaming blockchain project of the same name grew in price by more than 30% a week before the announcement, and an hour after Binance announced the listing, it collapsed by more than 26%.
Some members of the crypto community cited the leak of proprietary information inside Binance as the reason for the sharp drop in RON. In their conclusions, they refer to the opinion of Coinbase director Conor GROGAN, who stated that two weeks before the listing, several crypto wallets were actively buying Ronin tokens. Grogan suggested that the wallets may be linked to members of the Binance listing team.
Image: #Binance #btc
$BTC 1. Bitcoin has been trading relatively stable around $43,000 levels.
2. Bitcoin options data indicates the potential for upcoming price volatility.
3. A significant block trade in the Bitcoin options space has caught analysts' attention.
4. The trade involved purchasing February Strangles and selling April-wide Strangles, with a notional value of $260 million.
5. The investor behind the trade anticipates a substantial market movement of 10% or more in February, with uncertainty about its direction.
6. Analysis shows a shift from a short volatility to a long volatility stance.
7. Traders are cautioned about short volatility positions due to the potential 10% swing based on the block trade.
8. BTC's major term option implied volatilities have dropped below 40%, making the market conducive for cost-effective buying.
9. The cryptocurrency interest rate market is seeing increasing leverage levels, with opportunities for individuals to re-enter the lending market.
10. Bitcoin witnessed $703 million in net inflows last week, driven by growing demand for Bitcoin ETFs, and is increasingly seen as a trusted store of value asset compared to gold.
2. Bitcoin options data indicates the potential for upcoming price volatility.
3. A significant block trade in the Bitcoin options space has caught analysts' attention.
4. The trade involved purchasing February Strangles and selling April-wide Strangles, with a notional value of $260 million.
5. The investor behind the trade anticipates a substantial market movement of 10% or more in February, with uncertainty about its direction.
6. Analysis shows a shift from a short volatility to a long volatility stance.
7. Traders are cautioned about short volatility positions due to the potential 10% swing based on the block trade.
8. BTC's major term option implied volatilities have dropped below 40%, making the market conducive for cost-effective buying.
9. The cryptocurrency interest rate market is seeing increasing leverage levels, with opportunities for individuals to re-enter the lending market.
10. Bitcoin witnessed $703 million in net inflows last week, driven by growing demand for Bitcoin ETFs, and is increasingly seen as a trusted store of value asset compared to gold.
The bid-ask spreads on major U.S. exchanges like Coinbase and Kraken have tightened post-spot ETF approvals, indicating enhanced market liquidity and depth, according to analysts at Kaiko.
1. Post-approval, bid-ask spreads for Bitcoin (BTC) have significantly decreased, reflecting improved market liquidity and deeper trading activity.
2. Kraken experienced the highest volatility in spreads during January, reaching a peak of 10 basis points on Jan. 20.
3. Spreads on Bitstamp and Coinbase peaked between Jan. 8 and Jan. 13 at 6.7 and 1.7 basis points respectively, before dropping below 1 basis point recently.
4. The trend extends beyond U.S. markets and Bitcoin, as the average bid-ask spread for the most liquid BTC and Ethereum (ETH) trading pairs has also declined across various crypto exchanges.
5. Coinbase and Kraken witnessed the strongest decline in spreads, while Binance and OKX saw a less pronounced drop.
6. The approval of spot exchange-traded funds (ETFs) is expected to fuel competition among exchanges, with Coinbase already announcing fee waivers for large traders to further reduce spreads.
7. The U.S. Securities and Exchange Commission (SEC) greenlit all spot Bitcoin ETF applications, despite Chairman Gary Gensler's critical stance on cryptocurrencies.
8. Gensler reiterated that the SEC "did not approve or endorse Bitcoin," despite approving spot ETFs.
9. The tightening of bid-ask spreads signals a positive impact on market liquidity and trading efficiency post-ETF approvals.
10. Analysts anticipate increased competition among exchanges and further innovations in trading practices as a result of the ETF approvals.
$BTC $ETH
1. Post-approval, bid-ask spreads for Bitcoin (BTC) have significantly decreased, reflecting improved market liquidity and deeper trading activity.
2. Kraken experienced the highest volatility in spreads during January, reaching a peak of 10 basis points on Jan. 20.
3. Spreads on Bitstamp and Coinbase peaked between Jan. 8 and Jan. 13 at 6.7 and 1.7 basis points respectively, before dropping below 1 basis point recently.
4. The trend extends beyond U.S. markets and Bitcoin, as the average bid-ask spread for the most liquid BTC and Ethereum (ETH) trading pairs has also declined across various crypto exchanges.
5. Coinbase and Kraken witnessed the strongest decline in spreads, while Binance and OKX saw a less pronounced drop.
6. The approval of spot exchange-traded funds (ETFs) is expected to fuel competition among exchanges, with Coinbase already announcing fee waivers for large traders to further reduce spreads.
7. The U.S. Securities and Exchange Commission (SEC) greenlit all spot Bitcoin ETF applications, despite Chairman Gary Gensler's critical stance on cryptocurrencies.
8. Gensler reiterated that the SEC "did not approve or endorse Bitcoin," despite approving spot ETFs.
9. The tightening of bid-ask spreads signals a positive impact on market liquidity and trading efficiency post-ETF approvals.
10. Analysts anticipate increased competition among exchanges and further innovations in trading practices as a result of the ETF approvals.
$BTC $ETH
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