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🚨 Mufti Muhammad Taqi Usmani's Fatwa on Cryptocurrency
According to a fatwa attributed to Mufti Muhammad Taqi Usmani, #cryptocurrency trading is not permissible (haram) under Islamic law.
Why was this fatwa issued?
According to the fatwa:
Cryptocurrency does not qualify as "Maal" (wealth/property) in Shariah.
It is described as entries in a digital ledger rather than actual property.
Since it is not considered "Maal," buying and selling it is regarded as impermissible.
Does this ruling apply only to Bitcoin?
No.
The fatwa states that the ruling applies to all forms of cryptocurrency, including:
Bitcoin (BTC)
Ethereum (ETH)
USDT (Stablecoins)
Crypto Tokens
Virtual Currencies
It further states that changing the name or terminology does not change the Islamic ruling.
The fatwa also mentions an example where a person purchased two books using a crypto token and USDT. According to the ruling, the transaction was not considered valid, the buyer did not become the owner of the books, and the books should be returned to the seller.
The fatwa states that cryptocurrency is known by different names, including virtual currency, tokens, and stablecoins. According to the ruling, all of these fall under the same category and are not considered "Maal," therefore their purchase and sale is not permissible.
#LABTokenDrops94% #btc
According to a fatwa attributed to Mufti Muhammad Taqi Usmani, #cryptocurrency trading is not permissible (haram) under Islamic law.
Why was this fatwa issued?
According to the fatwa:
Cryptocurrency does not qualify as "Maal" (wealth/property) in Shariah.
It is described as entries in a digital ledger rather than actual property.
Since it is not considered "Maal," buying and selling it is regarded as impermissible.
Does this ruling apply only to Bitcoin?
No.
The fatwa states that the ruling applies to all forms of cryptocurrency, including:
Bitcoin (BTC)
Ethereum (ETH)
USDT (Stablecoins)
Crypto Tokens
Virtual Currencies
It further states that changing the name or terminology does not change the Islamic ruling.
The fatwa also mentions an example where a person purchased two books using a crypto token and USDT. According to the ruling, the transaction was not considered valid, the buyer did not become the owner of the books, and the books should be returned to the seller.
The fatwa states that cryptocurrency is known by different names, including virtual currency, tokens, and stablecoins. According to the ruling, all of these fall under the same category and are not considered "Maal," therefore their purchase and sale is not permissible.
#LABTokenDrops94% #btc
MJVD_ARZ:
reason why illegal no clarification
What is liquidation in crypto? Margin calls, health factors, and how positions die
Crypto liquidation explained: exchange margin calls, DeFi health factors, keeper bots, liquidation bonuses, cascades, and how to keep positions alive.
#Learn #Cryptocurrency #Liquidation
Crypto liquidation explained: exchange margin calls, DeFi health factors, keeper bots, liquidation bonuses, cascades, and how to keep positions alive.
#Learn #Cryptocurrency #Liquidation
🚨 ON-CHAIN ALERT: Trump's $1.4 Billion Crypto Income Surpasses Real Estate Earnings
The latest financial report reveals that President Trump's cryptocurrency income has reached $1.4 billion, exceeding his earnings from real estate. This surge raises questions about the blurred lines between personal interests and public policy. Crypto income now dominates traditional revenue streams, with $1.4 billion surpassing the $290 million earned from his Mar-a-Lago club and golf courses.
The primary source of this income comes from licensing and token sales, particularly from the memecoin Trump Coin ($TRUMP ) and the DeFi platform World Liberty Financial ($WLFI ), with $635 million and $588 million in revenue, respectively. This shift in income streams sparks concerns about the sustainability of these earnings and the dependence on volatile crypto markets.
#halvingjobs #Cryptocurrency #Trump
The latest financial report reveals that President Trump's cryptocurrency income has reached $1.4 billion, exceeding his earnings from real estate. This surge raises questions about the blurred lines between personal interests and public policy. Crypto income now dominates traditional revenue streams, with $1.4 billion surpassing the $290 million earned from his Mar-a-Lago club and golf courses.
The primary source of this income comes from licensing and token sales, particularly from the memecoin Trump Coin ($TRUMP ) and the DeFi platform World Liberty Financial ($WLFI ), with $635 million and $588 million in revenue, respectively. This shift in income streams sparks concerns about the sustainability of these earnings and the dependence on volatile crypto markets.
#halvingjobs #Cryptocurrency #Trump
🚨 ON-CHAIN ALERT: Trump's $1.4 Billion Crypto Income Surpasses Real Estate Earnings
The latest financial report reveals that President Trump's cryptocurrency income has reached $1.4 billion, exceeding his real estate earnings. This significant surge raises questions about the blurred lines between personal interests and public policy. The crypto income, primarily from licensing and token sales, has become the main source of revenue, surpassing traditional businesses like Mar-a-Lago and golf courses.
The $1.4 billion figure, mostly from memecoin Trump Coin ($TRUMP ) and DeFi platform World Liberty Financial ($WLFI ), highlights the shift in wealth towards blockchain-based assets. However, this dependence on crypto markets has sparked concerns about the sustainability of these earnings and potential conflicts of interest.
#halvingjobs #Cryptocurrency #Trump
The latest financial report reveals that President Trump's cryptocurrency income has reached $1.4 billion, exceeding his real estate earnings. This significant surge raises questions about the blurred lines between personal interests and public policy. The crypto income, primarily from licensing and token sales, has become the main source of revenue, surpassing traditional businesses like Mar-a-Lago and golf courses.
The $1.4 billion figure, mostly from memecoin Trump Coin ($TRUMP ) and DeFi platform World Liberty Financial ($WLFI ), highlights the shift in wealth towards blockchain-based assets. However, this dependence on crypto markets has sparked concerns about the sustainability of these earnings and potential conflicts of interest.
#halvingjobs #Cryptocurrency #Trump
The $NEAR market is currently experiencing a period of intense consolidation, with prices stuck in a relatively narrow range 📊, suggesting a buildup of momentum. This range-bound action is marked by a notable lack of volatility, as traders wait for a breakout or a catalyst to push the price out of its current confines. The fact that $NEAR is trading near the middle of its 24-hour range indicates a state of equilibrium, where neither bulls nor bears have gained the upper hand. As traders navigate this environment, they should be monitoring the levels that mark the upper and lower bounds of this range, as a breach of either could spark a significant move. What are you watching on $NEAR right now?
Watching $NEAR vs this range.
Price alerts on NEAR/USDT beat guessing the tape.
#near #cryptocurrency #tradingrange
Watching $NEAR vs this range.
Price alerts on NEAR/USDT beat guessing the tape.
#near #cryptocurrency #tradingrange
One number in today's $NEAR data stands out, with the pair trading near the upper quarter of its 24-hour range, a level that has sparked interest among bulls and bears alike. This positioning within the range is critical, as it indicates that $NEAR has yet to establish a clear direction, instead choosing to consolidate within established levels. The 24-hour change, while not overly significant in terms of percentage, matters because it reflects the market's current hesitation to push the price outside of its current bounds. Traders should monitor the ability of $NEAR to hold near these upper range levels, as a failure to do so could signal further range-bound action. The real question now is whether $NEAR will manage to build enough momentum to break out of this consolidation, or if it will continue to trade sideways. What are you watching on $NEAR right now?
Watching $NEAR vs this range.
Tap $NEAR → open NEAR/USDT; mark the range edges.
#near
#cryptocurrency
#tradingrange
#breakoutwatch
Watching $NEAR vs this range.
Tap $NEAR → open NEAR/USDT; mark the range edges.
#near
#cryptocurrency
#tradingrange
#breakoutwatch
One number in today's $NEAR data stands out: the fact that its price is currently hovering near the midpoint of its 24-hour range. This level has been a crucial point of consolidation, with the price action showing a clear hesitation to break out of this established range. The 24-hour change is also notable, as it indicates a sense of uncertainty among traders, with neither bulls nor bears able to gain a clear upper hand.
As traders, we should be monitoring the ability of $NEAR to hold this midpoint level, as a breakdown or breakout from here could set the tone for the next move. The current position within the range suggests a state of equilibrium, but this can quickly shift if traders start to take a stronger stance. What are you watching on $NEAR right now?
Current read: $NEAR , spot tape.
I'm marking levels on NEAR/USDT and waiting for a clean trigger.
#near
#cryptocurrency
#tradingrange
#breakoutwatch
As traders, we should be monitoring the ability of $NEAR to hold this midpoint level, as a breakdown or breakout from here could set the tone for the next move. The current position within the range suggests a state of equilibrium, but this can quickly shift if traders start to take a stronger stance. What are you watching on $NEAR right now?
Current read: $NEAR , spot tape.
I'm marking levels on NEAR/USDT and waiting for a clean trigger.
#near
#cryptocurrency
#tradingrange
#breakoutwatch
One number on the $NEAR chart is starting to stand out - the consistent trading volume within its current range. This prolonged consolidation is a telltale sign that traders are waiting for a breakout, and the fact that $NEAR is currently sitting at the lower end of its 24-hour range means that every move from here could be crucial. The 24-hour change may not be showing a clear direction, but the fact that $NEAR is holding within this range is a sign of hidden strength.
Traders should be monitoring the upper and lower bounds of this range closely, as a breakout from either side could trigger a significant move. The current position within the range is a critical indicator of the market's sentiment, and a move outside of this range could be the catalyst for the next big price swing. What are you watching on $NEAR right now?
Watching $NEAR vs this range.
#near
#cryptocurrency
#tradingrange
#breakoutwatch
Traders should be monitoring the upper and lower bounds of this range closely, as a breakout from either side could trigger a significant move. The current position within the range is a critical indicator of the market's sentiment, and a move outside of this range could be the catalyst for the next big price swing. What are you watching on $NEAR right now?
Watching $NEAR vs this range.
#near
#cryptocurrency
#tradingrange
#breakoutwatch
The $NEAR chart is compressing into a tightening range, setting the stage for a potential breakout. With its current position hovering near the midpoint of its 24-hour range, traders are on high alert for a possible move. The fact that $NEAR has been consolidating within this range for an extended period suggests a buildup of momentum, which could be unleashed if the right catalyst emerges.
As traders watch for a potential breakout, they should be monitoring the levels that have been propping up the price action. A sustained move above or below these levels could be the spark that sets off a larger trend. What are you watching on $NEAR right now?
$NEAR — on my screen today.
Tap $NEAR to open NEAR/USDT and set alerts.
#near
#cryptocurrency
#tradingrange
#breakoutwatch
As traders watch for a potential breakout, they should be monitoring the levels that have been propping up the price action. A sustained move above or below these levels could be the spark that sets off a larger trend. What are you watching on $NEAR right now?
$NEAR — on my screen today.
Tap $NEAR to open NEAR/USDT and set alerts.
#near
#cryptocurrency
#tradingrange
#breakoutwatch
- Traders are on high alert as $NEAR tests the lower end of its current range, sparking debate about the next potential move.
- With the 24-hour change painting a picture of market hesitation, all eyes are on key levels to watch for a potential breakout or further consolidation.
The current position inside the 24-hour range means that traders are waiting for a decisive move to break the stalemate, making the next few hours crucial for $NEAR 's short-term trajectory.
Current read: $NEAR , spot tape.
#near #cryptocurrency #tradingrange
- With the 24-hour change painting a picture of market hesitation, all eyes are on key levels to watch for a potential breakout or further consolidation.
The current position inside the 24-hour range means that traders are waiting for a decisive move to break the stalemate, making the next few hours crucial for $NEAR 's short-term trajectory.
Current read: $NEAR , spot tape.
#near #cryptocurrency #tradingrange
What's the most critical level that $NEAR traders need to watch as the price continues to consolidate within its current range? The answer lies in the fact that the price is currently hovering near the middle of this range, with traders waiting for a breakout or a move towards either the upper or lower bounds. A key level to watch is the point at which the price has been bouncing, as a move above or below this level could spark a significant price movement.
Watching $NEAR vs this range.
If you're active: tap $NEAR , pull up NEAR/USDT, set alerts.
#near #cryptocurrency #tradingrange
Watching $NEAR vs this range.
If you're active: tap $NEAR , pull up NEAR/USDT, set alerts.
#near #cryptocurrency #tradingrange
One number in today's $NEAR data stands out - it's the proportion of the 24h range that's been reclaimed, and it's happening near a level where traders usually start paying attention 📈. The current position of $NEAR within its 24h range is revealing, as it's sitting near the higher end of its recent consolidation. This matters because it suggests that the 24h change is not just a bounce, but a sign of momentum building. What traders should monitor next is whether this momentum can push through the upper levels of the range, which would be a significant test of strength. Can $NEAR break out of this range, or will it get stuck in consolidation?
Watching $NEAR vs this range.
#near #cryptocurrency #tradingrange
Watching $NEAR vs this range.
#near #cryptocurrency #tradingrange
The $NEAR price is currently hovering around the midpoint of its 24-hour range, a level that has historically been a pivot point for further movement. This consolidation is occurring within a relatively narrow range, with traders waiting for a breakout or breakdown to dictate the next directional move. The fact that $NEAR is holding near this midpoint suggests that traders are uncertain about the next move, and are waiting for a catalyst to drive the price out of this range. What are you watching on $NEAR right now?
$NEAR — on my screen today.
Price alerts on NEAR/USDT beat guessing the tape.
#near
#cryptocurrency
#tradingrange
#breakoutwatch
$NEAR — on my screen today.
Price alerts on NEAR/USDT beat guessing the tape.
#near
#cryptocurrency
#tradingrange
#breakoutwatch
I'm going to be honest about where I stand right now.
The current price of BTC at $63823.99 is a crucial level to watch, as a break above $64692.83 could lead to a rally toward the June 15 peak of $67250.
If BTC can hold above $63823.99 and make a push toward $67250, I'd consider entering a long position with a stop-loss around $62926.01, and a take-profit target at $68000.
On the other hand, if we see a break below $62926.01, I'd be looking to short with a stop-loss at $63823.99 and a take-profit target at $60000.
I think the first scenario is more likely, given the current momentum and the fact that ETH is also looking strong at $1788.18.
Overall, I'm feeling cautiously bullish, and I think we could see a big move soon, especially if other altcoins like XRP and LINK continue to show strength.
#cryptocurrency #bitcoin #ethereum #trading
The current price of BTC at $63823.99 is a crucial level to watch, as a break above $64692.83 could lead to a rally toward the June 15 peak of $67250.
If BTC can hold above $63823.99 and make a push toward $67250, I'd consider entering a long position with a stop-loss around $62926.01, and a take-profit target at $68000.
On the other hand, if we see a break below $62926.01, I'd be looking to short with a stop-loss at $63823.99 and a take-profit target at $60000.
I think the first scenario is more likely, given the current momentum and the fact that ETH is also looking strong at $1788.18.
Overall, I'm feeling cautiously bullish, and I think we could see a big move soon, especially if other altcoins like XRP and LINK continue to show strength.
#cryptocurrency #bitcoin #ethereum #trading
The $NEAR price is stuck in a precarious zone, hovering near the midpoint of its 24-hour range, where a slight nudge could trigger a cascade of buy or sell orders. This consolidation has been marked by a notable decrease in volatility, with the price essentially trapped between two key levels. The current position inside this range suggests that traders are waiting for a clear breakout signal before making their next move.
As the range continues to compress, the risk of a significant breakout increases, and traders should be monitoring the volume and order flow closely for any signs of unusual activity. The fact that the price has been unable to break out of this range so far implies that there is a delicate balance between buyers and sellers, and any disruption to this balance could have significant implications for the price. What are you watching on $NEAR right now?
Watching $NEAR vs this range.
#near
#cryptocurrency
#tradingrange
#breakoutwatch
As the range continues to compress, the risk of a significant breakout increases, and traders should be monitoring the volume and order flow closely for any signs of unusual activity. The fact that the price has been unable to break out of this range so far implies that there is a delicate balance between buyers and sellers, and any disruption to this balance could have significant implications for the price. What are you watching on $NEAR right now?
Watching $NEAR vs this range.
#near
#cryptocurrency
#tradingrange
#breakoutwatch
The $NEAR price is currently testing a crucial level within its established range, with nearly half of the 24-hour volume already traded. This midpoint is often a gauge of the market's immediate sentiment, and the fact that it's holding so far suggests a balance between buyers and sellers. The 24-hour change, although relatively contained, still matters as it indicates the underlying tension between these two groups.
As traders, we should be monitoring the ability of $NEAR to hold or break through this level, as it may signal the next phase of price action. The current consolidation could be setting the stage for a potential breakout, but without a significant shift in volume or a clear direction, the risk of a range-bound movement remains. What are you watching on $NEAR right now?
Current read: $NEAR , spot tape.
I'm marking levels on NEAR/USDT and waiting for a clean trigger.
#near
#cryptocurrency
#tradingstrategy
#marketanalysis
As traders, we should be monitoring the ability of $NEAR to hold or break through this level, as it may signal the next phase of price action. The current consolidation could be setting the stage for a potential breakout, but without a significant shift in volume or a clear direction, the risk of a range-bound movement remains. What are you watching on $NEAR right now?
Current read: $NEAR , spot tape.
I'm marking levels on NEAR/USDT and waiting for a clean trigger.
#near
#cryptocurrency
#tradingstrategy
#marketanalysis
Traders are misjudging the $NEAR consolidation, focusing on the wrong end of the range. The current price action is actually hovering near the upper bound of its recent consolidation, where a significant amount of trading volume has been absorbed. This level has been tested multiple times, with the price struggling to break out, resulting in a slight increase in buy and sell orders.
The key takeaway here is that a breakout from this range could lead to a significant shift in market sentiment, and traders should be closely monitoring the trading volume and order flow for any signs of a potential breakout. With the price currently trading near a critical level, even a small spark could ignite a larger move. What are you watching on $NEAR right now?
Watching $NEAR vs this range.
Tap $NEAR → open NEAR/USDT; mark the range edges.
#near
#cryptocurrency
#tradingrange
#breakoutwatch
The key takeaway here is that a breakout from this range could lead to a significant shift in market sentiment, and traders should be closely monitoring the trading volume and order flow for any signs of a potential breakout. With the price currently trading near a critical level, even a small spark could ignite a larger move. What are you watching on $NEAR right now?
Watching $NEAR vs this range.
Tap $NEAR → open NEAR/USDT; mark the range edges.
#near
#cryptocurrency
#tradingrange
#breakoutwatch
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