LIVEOroCryptoTrends
@Orocryptonc
@OroCryptoTrends is deliver real-time Crypto News,stay informed about technologies,coin trends,market analysis,web3 and blockchain news from OroCryptoTrends.
A seguir
Seguidores
Gostaram
Partilharam
PINNED
"Beware: Scammers Targeting Investors with False Promises of High Profits"
It seems like you've encountered a common scam tactic where scammers pose as legitimate sellers, promising enticing profits through investments or transactions involving cryptocurrencies like USDT. Here's a breakdown of the scenario:
1. **Initial Contact:** Scammers often reach out through various channels like SMS, social media. They present themselves as potential partners or sellers offering lucrative investment opportunities.
2. **Building Trust:** To gain your trust, they may mention similarities between your country and theirs, emphasizing a shared interest in making profits. They might also claim to offer USDT at a discounted price, making it seem like a great deal.
3. **Proposed Transaction:** The scammer suggests using platforms like Binance's P2P escrow service to facilitate the transaction. They explain the process, which involves them creating an order, you sending payment, and then them releasing the USDT once they confirm payment.
4. **Payment:** After you agree to the transaction, you send the payment as instructed, believing that the USDT will be released to you shortly afterward.
5. **Non-Delivery:** However, after you've sent the payment, the scammer does not release the USDT as promised. They may come up with excuses or simply disappear, leaving you without the cryptocurrency you paid for.
6. **Account Blocking:** In some cases, victims find that their bank accounts are flagged or blocked due to suspicions of fraudulent activity. This can cause additional stress and inconvenience.
To avoid falling victim to such scams, it's crucial to exercise caution and skepticism when dealing with unfamiliar individuals or offers, especially those promising unrealistically high profits. Always verify the legitimacy of the seller or investment opportunity through independent research, and never send money or sensitive information to unknown parties without proper verification. #ScamRiskWarning
It seems like you've encountered a common scam tactic where scammers pose as legitimate sellers, promising enticing profits through investments or transactions involving cryptocurrencies like USDT. Here's a breakdown of the scenario:
1. **Initial Contact:** Scammers often reach out through various channels like SMS, social media. They present themselves as potential partners or sellers offering lucrative investment opportunities.
2. **Building Trust:** To gain your trust, they may mention similarities between your country and theirs, emphasizing a shared interest in making profits. They might also claim to offer USDT at a discounted price, making it seem like a great deal.
3. **Proposed Transaction:** The scammer suggests using platforms like Binance's P2P escrow service to facilitate the transaction. They explain the process, which involves them creating an order, you sending payment, and then them releasing the USDT once they confirm payment.
4. **Payment:** After you agree to the transaction, you send the payment as instructed, believing that the USDT will be released to you shortly afterward.
5. **Non-Delivery:** However, after you've sent the payment, the scammer does not release the USDT as promised. They may come up with excuses or simply disappear, leaving you without the cryptocurrency you paid for.
6. **Account Blocking:** In some cases, victims find that their bank accounts are flagged or blocked due to suspicions of fraudulent activity. This can cause additional stress and inconvenience.
To avoid falling victim to such scams, it's crucial to exercise caution and skepticism when dealing with unfamiliar individuals or offers, especially those promising unrealistically high profits. Always verify the legitimacy of the seller or investment opportunity through independent research, and never send money or sensitive information to unknown parties without proper verification. #ScamRiskWarning
PINNED
#BOME **BOOK OF MEME (BOME) Price Prediction for April 30, 2024**
**Price Prediction for April 30, 2024:**
Looking ahead to April 30, 2024, the forecast suggests a potential increase of around 29.94%, with BOOK OF MEME reaching $ 0.014803. Current indicators show a neutral sentiment alongside a Fear & Greed Index at 72 (Greed). Over the past 30 days, BOOK OF MEME experienced 15 green days out of 30, indicating a 50% success rate. While volatility stands at 19.80%, it's essential to note that investing always carries risks.
**Long-Term Forecast for 2025–2030:**
The projected yearly low for 2025 is $ 0.011393, with a high of $ 0.053470. This suggests a potential gain of up to 369.42% compared to today's price. Remember, investment decisions should be made carefully, and seeking professional advice is always recommended.
**Disclaimer:**
This information is not intended as investment advice. It is provided for general informational purposes only. Any investment decisions should be made after thorough research and consultation with financial professionals. The predictions presented here are based on historical data and market trends and may not accurately reflect future performance. Always invest responsibly and consider the inherent risks involved.
**Price Prediction for April 30, 2024:**
Looking ahead to April 30, 2024, the forecast suggests a potential increase of around 29.94%, with BOOK OF MEME reaching $ 0.014803. Current indicators show a neutral sentiment alongside a Fear & Greed Index at 72 (Greed). Over the past 30 days, BOOK OF MEME experienced 15 green days out of 30, indicating a 50% success rate. While volatility stands at 19.80%, it's essential to note that investing always carries risks.
**Long-Term Forecast for 2025–2030:**
The projected yearly low for 2025 is $ 0.011393, with a high of $ 0.053470. This suggests a potential gain of up to 369.42% compared to today's price. Remember, investment decisions should be made carefully, and seeking professional advice is always recommended.
**Disclaimer:**
This information is not intended as investment advice. It is provided for general informational purposes only. Any investment decisions should be made after thorough research and consultation with financial professionals. The predictions presented here are based on historical data and market trends and may not accurately reflect future performance. Always invest responsibly and consider the inherent risks involved.
$BTC Exciting news! Bitcoin recently reached a record-breaking milestone with over 926,000 transactions processed in a single day, driven by growing interest in Runes. Runes protocol, a token standard for creating fungible tokens on the Bitcoin network, aims to provide users with a more streamlined approach to token issuance. #Bitcoin #Runes $BTC 🚀
Bitcoin Whales and Long-Term Holders Realize Profits Amidst Bull Run
#BTC Bitcoin whales and long-term holders are taking advantage of the recent surge in Bitcoin's price to cash in on their profits. According to reports from CryptoPotato, analysts have noticed a rise in the movement of funds to centralized exchanges, with a significant portion of these funds originating from Bitcoin whales. One anonymous analyst, Phi Deltalytics, highlighted this trend in a recent CryptoQuant Quicktake.
Another analyst named Woominkyu pointed out that the unrealized profits of long-term Bitcoin holders have notably increased, especially as Bitcoin's value soared past $60,000. Despite this, these long-term holders have yet to sell off their holdings. Woominkyu emphasized the potential impact on the market if these profits were to be realized, cautioning about potential market dynamics.
Shortly after Woominkyu's analysis, Phi Deltalytics reported a significant uptick in Bitcoin exchange inflows, primarily attributed to whale activity. This increase suggests that whales may be capitalizing on the ongoing bull run to take profits. However, Phi Deltalytics also cautioned about the potential for false signals in such metrics and advised careful interpretation of market trends.
Not only are Bitcoin whales cashing out, but long-term holders are also capitalizing on the price surge. Woominkyu highlighted that the Spent Output Profit Ratio (SOPR) of long-term holders has surpassed that of short-term holders, indicating increased profit realization among long-term investors. He further explained that while the SOPR of long-term holders typically decreases over time, occasional upticks precede price spikes, indicating profit-taking behavior.
Investors are being urged to exercise caution amid the high SOPR, which could signal potential price corrections and increased volatility. Bitcoin's price is currently consolidating between $60,000 and $70,000, with the possibility of a significant decline if it fails to break through the $70,000 mark. As of the latest update, Bitcoin was trading at $64,100, with minimal fluctuations over the past 24 hours.
#bitcoin #orocryptonc #Megadrop #BinanceLaunchpool $BTC $ETH $BNB
Another analyst named Woominkyu pointed out that the unrealized profits of long-term Bitcoin holders have notably increased, especially as Bitcoin's value soared past $60,000. Despite this, these long-term holders have yet to sell off their holdings. Woominkyu emphasized the potential impact on the market if these profits were to be realized, cautioning about potential market dynamics.
Shortly after Woominkyu's analysis, Phi Deltalytics reported a significant uptick in Bitcoin exchange inflows, primarily attributed to whale activity. This increase suggests that whales may be capitalizing on the ongoing bull run to take profits. However, Phi Deltalytics also cautioned about the potential for false signals in such metrics and advised careful interpretation of market trends.
Not only are Bitcoin whales cashing out, but long-term holders are also capitalizing on the price surge. Woominkyu highlighted that the Spent Output Profit Ratio (SOPR) of long-term holders has surpassed that of short-term holders, indicating increased profit realization among long-term investors. He further explained that while the SOPR of long-term holders typically decreases over time, occasional upticks precede price spikes, indicating profit-taking behavior.
Investors are being urged to exercise caution amid the high SOPR, which could signal potential price corrections and increased volatility. Bitcoin's price is currently consolidating between $60,000 and $70,000, with the possibility of a significant decline if it fails to break through the $70,000 mark. As of the latest update, Bitcoin was trading at $64,100, with minimal fluctuations over the past 24 hours.
#bitcoin #orocryptonc #Megadrop #BinanceLaunchpool $BTC $ETH $BNB
$BTC The market hasn't changed much since yesterday.
Bitcoin experienced a dip because of some fundamental news.
Right now, the price is testing a resistance zone and seems stuck in between. Don't anticipate too much action this week or weekend.
But next week, brace yourself for some intense moves as there's likely to be significant news causing volatility.
Remember:this content is not for financial advice ,investing in cryptocurrencies carries risks, so always do your own research and consider your financial situation before making any decisions.
Bitcoin experienced a dip because of some fundamental news.
Right now, the price is testing a resistance zone and seems stuck in between. Don't anticipate too much action this week or weekend.
But next week, brace yourself for some intense moves as there's likely to be significant news causing volatility.
Remember:this content is not for financial advice ,investing in cryptocurrencies carries risks, so always do your own research and consider your financial situation before making any decisions.
Personal Encounters with Crypto Scams
Here are some details and suggestions regarding crypto scams:#ScamRiskWarning
1. Phishing Scams: I've encountered emails pretending to be from legitimate exchanges asking for login credentials or personal information.
2. Fake ICOs: I've seen numerous projects promising huge returns but turned out to be scams, taking investors' money and disappearing.
3. Ponzi Schemes: I've come across schemes where early investors are paid returns from the investments of newer investors, creating a cycle until it collapses.
4. Impersonation Scams: I've witnessed scammers pretending to be influential figures on social media, promising giveaways or investments if you send them cryptocurrency.
Scam Patterns:
1. Urgency: Scammers often create a sense of urgency, pressuring victims to act quickly without thorough consideration.
2. Too Good to Be True: They promise high returns with little to no risk, preying on people's greed and desire for quick wealth.
3. False Authority: They impersonate reputable individuals or companies to gain trust and legitimacy.
4. Lack of Transparency: Scammers avoid providing clear information about their operations or the risks involved.
Preventing Future Scams:
1. Research: Always research thoroughly before investing in any project or platform. Look for reviews, feedback, and independent assessments.
2. Verify: Double-check the legitimacy of any communication or offer you receive, especially if it involves sharing personal information or sending money.
3. Stay Informed: Keep yourself updated on common scam tactics and warning signs to recognize potential threats.
4. Use Trusted Platforms: Stick to well-known and reputable cryptocurrency exchanges and wallets to minimize the risk of falling victim to scams.
Expectations from Binance:
1. Enhanced Security Measures: I expect Binance to continuously improve its security protocols to prevent scams and protect its users.
2. Educational Resources: Binance should provide educational materials and resources to help users identify and avoid scams.
3. Responsive Support: Binance should have a responsive customer support system to address users' concerns and reports of potential scams promptly.
4. Transparency: I expect Binance to be transparent about any security incidents or scam-related issues, providing timely updates and solutions to affected users.
#orocryptotrends #BinanceRiskteam
1. Phishing Scams: I've encountered emails pretending to be from legitimate exchanges asking for login credentials or personal information.
2. Fake ICOs: I've seen numerous projects promising huge returns but turned out to be scams, taking investors' money and disappearing.
3. Ponzi Schemes: I've come across schemes where early investors are paid returns from the investments of newer investors, creating a cycle until it collapses.
4. Impersonation Scams: I've witnessed scammers pretending to be influential figures on social media, promising giveaways or investments if you send them cryptocurrency.
Scam Patterns:
1. Urgency: Scammers often create a sense of urgency, pressuring victims to act quickly without thorough consideration.
2. Too Good to Be True: They promise high returns with little to no risk, preying on people's greed and desire for quick wealth.
3. False Authority: They impersonate reputable individuals or companies to gain trust and legitimacy.
4. Lack of Transparency: Scammers avoid providing clear information about their operations or the risks involved.
Preventing Future Scams:
1. Research: Always research thoroughly before investing in any project or platform. Look for reviews, feedback, and independent assessments.
2. Verify: Double-check the legitimacy of any communication or offer you receive, especially if it involves sharing personal information or sending money.
3. Stay Informed: Keep yourself updated on common scam tactics and warning signs to recognize potential threats.
4. Use Trusted Platforms: Stick to well-known and reputable cryptocurrency exchanges and wallets to minimize the risk of falling victim to scams.
Expectations from Binance:
1. Enhanced Security Measures: I expect Binance to continuously improve its security protocols to prevent scams and protect its users.
2. Educational Resources: Binance should provide educational materials and resources to help users identify and avoid scams.
3. Responsive Support: Binance should have a responsive customer support system to address users' concerns and reports of potential scams promptly.
4. Transparency: I expect Binance to be transparent about any security incidents or scam-related issues, providing timely updates and solutions to affected users.
#orocryptotrends #BinanceRiskteam
LIVE
Binance Square Official
--
Join #ScamRiskWarning campaign and win up to $500 FDUSD!
Join the #ScamRiskWarning campaign! 🚀 Win up to 500 FDUSD by sharing your crypto scam experiences along with anti-scam suggestions for @Binance Risk Sniper to enhance Binance's risk measures. Let's bolster crypto safety together!
Campaign Period: 2024-04-26 00:00 to 2024-05-01 23:59 (UTC)
To Participate:
Use #ScamRiskWarning when sharing your crypto scam experiences along with anti-scam suggestions for the Binance Risk team on Binance Square. The post should be at least 100 characters long.
Your Post Can Feature:
Your experience with cryptocurrency scams;Detailed recount of scam patterns, such as: investment->rebate->request to invest more->request to security deposit->scam, etc. Add as much detail as possible about your experience;Your suggestions for anti-scam prevention;Your expectations from Binance in tackling scams.
Guidelines:
Make certain your content is original, filled with insightful information, and based on real incidents. Posts with high engagement lacking original content may be disqualified.
Winner Selection:
Four posts generating the most interaction will each be rewarded with 125 FDUSD.
For more information on scams refer to Binance Blog.
Stay updated with @Binance Risk Sniper on Binance Square.
Terms and Conditions:
This campaign may not be available in your region.Submissions will be evaluated by a panel from the Binance Square team, based on topic relevance, formatting, research quality, factual sourcing, and originality. Content must also align with Campaign Rules.Winners of the week will be notified before next Friday via a push notification under Creator Center > Square Assistant. The FDUSD token vouchers will be distributed within 30 working days after the activity ends. Entries by Media & Project partners will not be considered for this campaign.The FDUSD token voucher rewards will be distributed within 21 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this announcement and the original English version, the English version of this announcement shall prevail.Additional promotion terms and conditions can be accessed here.
Campaign Period: 2024-04-26 00:00 to 2024-05-01 23:59 (UTC)
To Participate:
Use #ScamRiskWarning when sharing your crypto scam experiences along with anti-scam suggestions for the Binance Risk team on Binance Square. The post should be at least 100 characters long.
Your Post Can Feature:
Your experience with cryptocurrency scams;Detailed recount of scam patterns, such as: investment->rebate->request to invest more->request to security deposit->scam, etc. Add as much detail as possible about your experience;Your suggestions for anti-scam prevention;Your expectations from Binance in tackling scams.
Guidelines:
Make certain your content is original, filled with insightful information, and based on real incidents. Posts with high engagement lacking original content may be disqualified.
Winner Selection:
Four posts generating the most interaction will each be rewarded with 125 FDUSD.
For more information on scams refer to Binance Blog.
Stay updated with @Binance Risk Sniper on Binance Square.
Terms and Conditions:
This campaign may not be available in your region.Submissions will be evaluated by a panel from the Binance Square team, based on topic relevance, formatting, research quality, factual sourcing, and originality. Content must also align with Campaign Rules.Winners of the week will be notified before next Friday via a push notification under Creator Center > Square Assistant. The FDUSD token vouchers will be distributed within 30 working days after the activity ends. Entries by Media & Project partners will not be considered for this campaign.The FDUSD token voucher rewards will be distributed within 21 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this announcement and the original English version, the English version of this announcement shall prevail.Additional promotion terms and conditions can be accessed here.
Exciting News: Entangle Cross-Chain DeFi Protocol Launches Mainnet!
According Foresight News,Entangle, the exciting cross-chain DeFi protocol, has just hit a major milestone by launching its mainnet!
This is big news as it means Entangle is now ready to roll out its innovative products and solutions across different blockchain networks. With this launch, Entangle aims to create a seamless, high-yield network that works smoothly across all chains. This is an exciting step forward for Entangle, marking a new phase in its journey towards making DeFi more accessible and efficient for everyone.
#Megadrop #BullorBear #Token2049 #BTC #Metaverse
This is big news as it means Entangle is now ready to roll out its innovative products and solutions across different blockchain networks. With this launch, Entangle aims to create a seamless, high-yield network that works smoothly across all chains. This is an exciting step forward for Entangle, marking a new phase in its journey towards making DeFi more accessible and efficient for everyone.
#Megadrop #BullorBear #Token2049 #BTC #Metaverse
#BTC **BlackRock's iShares Bitcoin Trust (IBIT)** has achieved a remarkable feat by swiftly ascending to become one of the top five exchange-traded funds (ETFs) of **2024** based on inflows, just **17 days** after its launch. According to data from **Bloomberg Intelligence**, IBIT has attracted a substantial **$3.2 billion** in year-to-date inflows¹[1] ²[2]. This significant inflow demonstrates the growing interest and investment in cryptocurrency-related funds, particularly those managed by established financial institutions like BlackRock.
It's worth noting that while new funds have seen impressive achievements, overall investment into all of the new spot bitcoin ETFs has slowed in recent days. However, BlackRock's IBIT and Fidelity's Wise Origin Bitcoin Fund (FBTC) remain the only two funds that have continuously seen positive flows since going on the market¹[1]. The crypto market continues to evolve, and these inflows highlight the increasing acceptance of digital assets in traditional financial markets.
Disclaimer: The information provided here is for educational and informational purposes only. It does not constitute financial advice, and you should always consult with a qualified financial professional before making any investment decisions. Investing in cryptocurrencies and related funds carries inherent risks, and past performance is not indicative of future results. Please conduct your own research and due diligence before investing.#Megadrop #BinanceLaunchpool #bitcoinhalving #BullorBear $BTC $ETH
It's worth noting that while new funds have seen impressive achievements, overall investment into all of the new spot bitcoin ETFs has slowed in recent days. However, BlackRock's IBIT and Fidelity's Wise Origin Bitcoin Fund (FBTC) remain the only two funds that have continuously seen positive flows since going on the market¹[1]. The crypto market continues to evolve, and these inflows highlight the increasing acceptance of digital assets in traditional financial markets.
Disclaimer: The information provided here is for educational and informational purposes only. It does not constitute financial advice, and you should always consult with a qualified financial professional before making any investment decisions. Investing in cryptocurrencies and related funds carries inherent risks, and past performance is not indicative of future results. Please conduct your own research and due diligence before investing.#Megadrop #BinanceLaunchpool #bitcoinhalving #BullorBear $BTC $ETH
Understanding Airdrop Scams and How to Avoid Them
Introduction
Airdrops are a popular way for cryptocurrency projects to give away tokens to attract users and investors. However, alongside the rise of legitimate airdrops, there has been an increase in airdrop scams. These scams aim to deceive users with promises of free tokens, ultimately aiming to steal their cryptocurrency holdings. Let's explore what airdrop scams entail and how you can protect yourself.
What Are Airdrop Scams?
Airdrop scams involve fraudulent schemes that offer fake giveaways of tokens or coins. Scammers exploit people's desire for free tokens by tricking them into providing sensitive information or connecting their wallets to malicious websites.
How Airdrop Scams Work
Scammers use various tactics to carry out airdrop scams:
1. Fake Promotions: Scammers create fake airdrop promotions and spread them through social media, emails, and messaging platforms. They lure users with promises of free tokens, but instead steal their information or crypto assets.
2. Impersonation: Scammers impersonate reputable exchanges or influencers to gain credibility and trick victims into participating in fraudulent airdrops.
3. Unsolicited Assets: Scammers may send unsolicited cryptocurrency or NFTs to users' wallets, promoting malicious websites. Victims risk losing funds if they interact with these assets.
Identifying Airdrop Scams
Here are some warning signs to watch out for:
1. Unrealistic Promises: Be cautious of airdrops promising huge rewards without any effort or investment.2. Suspicious Requests: Avoid airdrops that ask for sensitive information like private keys or personal details.
3. Lack of Transparency: Scrutinize airdrop projects lacking clear documentation or reputable team members.
4. Phishing Attempts: Stay vigilant against fake websites, emails, or social media accounts impersonating legitimate projects or influencers.
How to Avoid Airdrop Scams
1. Use Burner Wallets: Consider using burner wallets for riskier transactions to limit potential losses.
2. Research Thoroughly: Before participating in any airdrop, research the project, team, and objectives. Verify the legitimacy of the airdrop through official sources.
3. Protect Personal Information: Never disclose sensitive information to unknown parties, as legitimate airdrops do not require it.
4. Verify Authenticity: Double-check the authenticity of airdrop announcements and promotions through official channels.Taking Action
If you encounter a suspected scam, report it to relevant authorities and take steps to secure your assets immediately.
Conclusion
Airdrop scams are a significant threat, but with awareness and caution, you can protect yourself from falling victim. Stay informed, be cautious of red flags, and trust reputable sources to navigate the cryptocurrency landscape safely. Remember, protecting your assets is crucial in the crypto world.---
I hope this version is more user-friendly and helpful! Let me know if you need any further assistance.
Source: Binance Academy
#Megadrop #Alartfraudscammer #ororcryptotrends $BTC $BNB
Airdrops are a popular way for cryptocurrency projects to give away tokens to attract users and investors. However, alongside the rise of legitimate airdrops, there has been an increase in airdrop scams. These scams aim to deceive users with promises of free tokens, ultimately aiming to steal their cryptocurrency holdings. Let's explore what airdrop scams entail and how you can protect yourself.
What Are Airdrop Scams?
Airdrop scams involve fraudulent schemes that offer fake giveaways of tokens or coins. Scammers exploit people's desire for free tokens by tricking them into providing sensitive information or connecting their wallets to malicious websites.
How Airdrop Scams Work
Scammers use various tactics to carry out airdrop scams:
1. Fake Promotions: Scammers create fake airdrop promotions and spread them through social media, emails, and messaging platforms. They lure users with promises of free tokens, but instead steal their information or crypto assets.
2. Impersonation: Scammers impersonate reputable exchanges or influencers to gain credibility and trick victims into participating in fraudulent airdrops.
3. Unsolicited Assets: Scammers may send unsolicited cryptocurrency or NFTs to users' wallets, promoting malicious websites. Victims risk losing funds if they interact with these assets.
Identifying Airdrop Scams
Here are some warning signs to watch out for:
1. Unrealistic Promises: Be cautious of airdrops promising huge rewards without any effort or investment.2. Suspicious Requests: Avoid airdrops that ask for sensitive information like private keys or personal details.
3. Lack of Transparency: Scrutinize airdrop projects lacking clear documentation or reputable team members.
4. Phishing Attempts: Stay vigilant against fake websites, emails, or social media accounts impersonating legitimate projects or influencers.
How to Avoid Airdrop Scams
1. Use Burner Wallets: Consider using burner wallets for riskier transactions to limit potential losses.
2. Research Thoroughly: Before participating in any airdrop, research the project, team, and objectives. Verify the legitimacy of the airdrop through official sources.
3. Protect Personal Information: Never disclose sensitive information to unknown parties, as legitimate airdrops do not require it.
4. Verify Authenticity: Double-check the authenticity of airdrop announcements and promotions through official channels.Taking Action
If you encounter a suspected scam, report it to relevant authorities and take steps to secure your assets immediately.
Conclusion
Airdrop scams are a significant threat, but with awareness and caution, you can protect yourself from falling victim. Stay informed, be cautious of red flags, and trust reputable sources to navigate the cryptocurrency landscape safely. Remember, protecting your assets is crucial in the crypto world.---
I hope this version is more user-friendly and helpful! Let me know if you need any further assistance.
Source: Binance Academy
#Megadrop #Alartfraudscammer #ororcryptotrends $BTC $BNB
$BTC Bitcoin (BTC) Surpasses $65,000 with a 1.54% Increase in 24 Hours
On April 25, 2024, at 21:16 PM (UTC), Bitcoin achieved a significant milestone by crossing the $65,000 benchmark. According to Binance Market Data, it is currently trading at $65,162.49 USDT, reflecting a 1.54% increase within the past 24 hours. The cryptocurrency market continues to be dynamic, and Bitcoin’s performance remains closely watched by investors and enthusiasts alike. 🚀💰
Disclaimer: The following information is based on market data available at the specified time and is subject to change. Always conduct your own research and consult with financial professionals before making any investment decisions.#BTC #Memecoins #bitcoinhalving #BinanceLaunchpool #Megadrop $BTC $ETH
On April 25, 2024, at 21:16 PM (UTC), Bitcoin achieved a significant milestone by crossing the $65,000 benchmark. According to Binance Market Data, it is currently trading at $65,162.49 USDT, reflecting a 1.54% increase within the past 24 hours. The cryptocurrency market continues to be dynamic, and Bitcoin’s performance remains closely watched by investors and enthusiasts alike. 🚀💰
Disclaimer: The following information is based on market data available at the specified time and is subject to change. Always conduct your own research and consult with financial professionals before making any investment decisions.#BTC #Memecoins #bitcoinhalving #BinanceLaunchpool #Megadrop $BTC $ETH
XRP Millionaire Addresses Reach New High Amid Price Surge
XRP has hit a milestone with over 2,000 addresses holding at least a million tokens, setting a new record.
This surge aligns with a price boom, nearly doubling within a month, reminiscent of a similar spike in June 2023 when XRP's status was clarified in a legal case.
Meanwhile, the SEC has decided to postpone its verdict on a proposed Ethereum ETF by Franklin Templeton, allowing more time for evaluation. Despite earlier approvals for Bitcoin ETFs, the outlook for Ethereum ETFs remains uncertain.
April 23, 2011, marked a crucial moment in Bitcoin's journey, as Satoshi Nakamoto, its creator, conveyed his final message on the ecosystem.
Nakamoto's departure from the project continues to spark speculation, with theories ranging from external pressures to strategic shifts in Bitcoin's direction.
Disclaimer: The following content is a summary of recent developments in the cryptocurrency space. The information provided is for informational purposes only and should not be considered financial or investment advice. Always conduct thorough research and consult with a professional financial advisor before making any investment decisions.
Source:U.Today
#SEC #BTC #orocryptotrends #ETH
This surge aligns with a price boom, nearly doubling within a month, reminiscent of a similar spike in June 2023 when XRP's status was clarified in a legal case.
Meanwhile, the SEC has decided to postpone its verdict on a proposed Ethereum ETF by Franklin Templeton, allowing more time for evaluation. Despite earlier approvals for Bitcoin ETFs, the outlook for Ethereum ETFs remains uncertain.
April 23, 2011, marked a crucial moment in Bitcoin's journey, as Satoshi Nakamoto, its creator, conveyed his final message on the ecosystem.
Nakamoto's departure from the project continues to spark speculation, with theories ranging from external pressures to strategic shifts in Bitcoin's direction.
Disclaimer: The following content is a summary of recent developments in the cryptocurrency space. The information provided is for informational purposes only and should not be considered financial or investment advice. Always conduct thorough research and consult with a professional financial advisor before making any investment decisions.
Source:U.Today
#SEC #BTC #orocryptotrends #ETH
Bitcoin Price Update: BTC Hits $64,165 Amid Market Fluctuations and ETF Inflows
Bitcoin's price is on the move, currently at $64,165, showing a slight increase. Let's dive into what's happening and what it could mean for the future.
In recent days, Bitcoin has shown some strength, trading within a range with $67,687 as resistance and $63,654 as support. This suggests some potential ups and downs in the near term.
Something interesting happened with Bitcoin ETFs – they saw an inflow of $59.7 million, signaling a shift in market sentiment. This comes after a period of outflows, indicating renewed interest in Bitcoin investment.
There's also a change in how Bitcoin Improvement Proposals (BIPs) are managed. Now, there are five editors instead of one, aiming to speed up the review process and involve more voices in Bitcoin's development.
Looking at the technical side, indicators like the Relative Strength Index (RSI) and the 50-day Exponential Moving Average (EMA) suggest a mixed outlook. The RSI indicates potential for a rebound, while the EMA shows a slightly bearish trend.
Despite challenges, Bitcoin seems resilient, especially with a potential support zone around $63,650. The overall sentiment is cautiously optimistic, but staying above $63,000 is crucial for maintaining bullish momentum.
So, while there may be fluctuations, Bitcoin's future looks promising, especially with growing interest and improvements in its ecosystem.
Disclaimer: The following analysis is for informational purposes only and should not be considered financial advice. Investing in cryptocurrencies, like Bitcoin, carries inherent risks, and individuals should conduct thorough research or consult with a financial advisor before making any investment decisions.
#Token2049 #BinanceLaunchpool #BullorBear #BinanceLaunchpool #orocryptotrends
$BTC $ETH $BNB
In recent days, Bitcoin has shown some strength, trading within a range with $67,687 as resistance and $63,654 as support. This suggests some potential ups and downs in the near term.
Something interesting happened with Bitcoin ETFs – they saw an inflow of $59.7 million, signaling a shift in market sentiment. This comes after a period of outflows, indicating renewed interest in Bitcoin investment.
There's also a change in how Bitcoin Improvement Proposals (BIPs) are managed. Now, there are five editors instead of one, aiming to speed up the review process and involve more voices in Bitcoin's development.
Looking at the technical side, indicators like the Relative Strength Index (RSI) and the 50-day Exponential Moving Average (EMA) suggest a mixed outlook. The RSI indicates potential for a rebound, while the EMA shows a slightly bearish trend.
Despite challenges, Bitcoin seems resilient, especially with a potential support zone around $63,650. The overall sentiment is cautiously optimistic, but staying above $63,000 is crucial for maintaining bullish momentum.
So, while there may be fluctuations, Bitcoin's future looks promising, especially with growing interest and improvements in its ecosystem.
Disclaimer: The following analysis is for informational purposes only and should not be considered financial advice. Investing in cryptocurrencies, like Bitcoin, carries inherent risks, and individuals should conduct thorough research or consult with a financial advisor before making any investment decisions.
#Token2049 #BinanceLaunchpool #BullorBear #BinanceLaunchpool #orocryptotrends
$BTC $ETH $BNB
LIVEBinance Square Official
--
Tip $10 to get 1 BTC? That's a scam alert!⚠️
Recently, some users have claimed they’ll give something in return when users transfer a certain amount. To promote further education about scams, how to identify and prevent fraud, and protect your wealth, we have launched the Anti-Fraud Challenge. Answer the three questions below correctly and stand a chance of winning rewards.
Question 1: Is "pay now, profit later" scheme highly risky?
Question 2: Is "follow or tip first" a reasonable request?
Question 3: Does Binance Square support any requests for transfers?
For more information, please refer to the Binance Square Community Management Guidelines . #AntiFraudChallenge
Recently, some users have claimed they’ll give something in return when users transfer a certain amount. To promote further education about scams, how to identify and prevent fraud, and protect your wealth, we have launched the Anti-Fraud Challenge. Answer the three questions below correctly and stand a chance of winning rewards.
Question 1: Is "pay now, profit later" scheme highly risky?
Question 2: Is "follow or tip first" a reasonable request?
Question 3: Does Binance Square support any requests for transfers?
For more information, please refer to the Binance Square Community Management Guidelines . #AntiFraudChallenge
#Dogwifhat
Dogwifhat (WIF) Surges 30% to Reach $3.56: Hits 12-Day High
Dogwifhat (WIF), a meme cryptocurrency running on the Solana blockchain, recently experienced an impressive surge in its price, climbing by 30% and hitting a high of $3.56, its highest in 12 days.
This surge has pushed Dogwifhat's market cap past $3.5 billion, solidifying its position in the cryptocurrency market. Notably, Dogwifhat now ranks 33rd among the largest cryptocurrencies by market cap, surpassing well-known projects like Stellar (XLM), Cosmos (ATOM), and CRO, the CryptoCom exchange's native token.
This remarkable growth can be attributed to various factors, including the enduring appeal of Dogwifhat's mascot and its cultural significance.
The dynamic nature of the crypto market has also played a role. This combination has not only captured the interest of crypto enthusiasts but has also drawn attention from major players in the financial industry. Evidence of Dogwifhat's increasing prominence can be seen in its adoption by notable entities like the Franklin Templeton fund and coverage by mainstream financial media outlets like Bloomberg.
Moreover, Dogwifhat's cultural influence is evident in its recognition on Wall Street, where the iconic bull statue has been adorned with the famous knitted hat.
This demonstrates the widespread recognition and impact of Dogwifhat in both the cryptocurrency and broader financial spheres.#Megadrop #BinanceLaunchpool #bitcoinhalving #BullorBear
Dogwifhat (WIF) Surges 30% to Reach $3.56: Hits 12-Day High
Dogwifhat (WIF), a meme cryptocurrency running on the Solana blockchain, recently experienced an impressive surge in its price, climbing by 30% and hitting a high of $3.56, its highest in 12 days.
This surge has pushed Dogwifhat's market cap past $3.5 billion, solidifying its position in the cryptocurrency market. Notably, Dogwifhat now ranks 33rd among the largest cryptocurrencies by market cap, surpassing well-known projects like Stellar (XLM), Cosmos (ATOM), and CRO, the CryptoCom exchange's native token.
This remarkable growth can be attributed to various factors, including the enduring appeal of Dogwifhat's mascot and its cultural significance.
The dynamic nature of the crypto market has also played a role. This combination has not only captured the interest of crypto enthusiasts but has also drawn attention from major players in the financial industry. Evidence of Dogwifhat's increasing prominence can be seen in its adoption by notable entities like the Franklin Templeton fund and coverage by mainstream financial media outlets like Bloomberg.
Moreover, Dogwifhat's cultural influence is evident in its recognition on Wall Street, where the iconic bull statue has been adorned with the famous knitted hat.
This demonstrates the widespread recognition and impact of Dogwifhat in both the cryptocurrency and broader financial spheres.#Megadrop #BinanceLaunchpool #bitcoinhalving #BullorBear
Runes Make Up 68% of All Bitcoin Transactions Since Launch Trending Runes
Runes, a novel token standard on the Bitcoin network, has surged to prominence, accounting for a significant 68% of all Bitcoin transactions since its launch following the halving event on April 20.
With over 2.38 million Runes transactions processed, it's evident that there's considerable interest in this new protocol. Runes saw its peak activity on April 23, with over 750,000 transactions, although this number decreased to 312,000 the following day.
Initially, much of the demand stemmed from memecoin and nonfungible token enthusiasts, drawn by the allure of inscribing "rare satoshis" through the Runes protocol. Consequently, Runes transactions contributed to nearly 70% of miner fees on the halving day, fluctuating between 33% and 69% since then. Yet, opinions vary on whether Runes will offer a sustainable revenue stream for Bitcoin miners, with some noting a disparity between the number of Rune transactions and miner fees earned. Developed by Casey Rodarmor, the creator of Ordinals, Runes is touted as a more efficient alternative to the BRC-20 token standard for token creation on the Bitcoin network.
However, there are concerns about the amount of block space occupied by Runes transactions in recent days, with critics like Nikita Zhavoronkov suggesting that Bitcoin has deviated from its original vision as a peer-to-peer electronic cash system.
Disclaimer: this content is not for financial advice but DYOR for investment
#BinanceLaunchpool $BTC #bitcoinhalving #Token2049 #Memecoins #BTC
Runes, a novel token standard on the Bitcoin network, has surged to prominence, accounting for a significant 68% of all Bitcoin transactions since its launch following the halving event on April 20.
With over 2.38 million Runes transactions processed, it's evident that there's considerable interest in this new protocol. Runes saw its peak activity on April 23, with over 750,000 transactions, although this number decreased to 312,000 the following day.
Initially, much of the demand stemmed from memecoin and nonfungible token enthusiasts, drawn by the allure of inscribing "rare satoshis" through the Runes protocol. Consequently, Runes transactions contributed to nearly 70% of miner fees on the halving day, fluctuating between 33% and 69% since then. Yet, opinions vary on whether Runes will offer a sustainable revenue stream for Bitcoin miners, with some noting a disparity between the number of Rune transactions and miner fees earned. Developed by Casey Rodarmor, the creator of Ordinals, Runes is touted as a more efficient alternative to the BRC-20 token standard for token creation on the Bitcoin network.
However, there are concerns about the amount of block space occupied by Runes transactions in recent days, with critics like Nikita Zhavoronkov suggesting that Bitcoin has deviated from its original vision as a peer-to-peer electronic cash system.
Disclaimer: this content is not for financial advice but DYOR for investment
#BinanceLaunchpool $BTC #bitcoinhalving #Token2049 #Memecoins #BTC
Why Is MEMEAI Trending Today?
### Unraveling MEMEAI: A Dive into Its Recent Surge in Popularity
**Introduction:**
In the ever-evolving landscape of cryptocurrencies, meme coins have carved out a unique niche, fueled by the viral power of social media and celebrity endorsements. Among these, MEMEAI has emerged as a notable contender, experiencing a recent surge in popularity within the crypto market.
#### MEMEAI Price Analysis:
**The Initial Hurdles:**
Despite an ambitious vision from its development team, MEMEAI struggled to gain traction during its initial launch phase.
**The Surprising Surge:**
In a turn of events, MEMEAI experienced a dramatic surge in March, catapulting its value to an all-time high of $0.03688 within a mere three days.
**Current Status:**
However, the coin witnessed a significant decline thereafter, with its value plummeting by 85% from its peak. Yet, recent developments hint at a potential resurgence, with a 16% surge in price observed within just 24 hours.
#### Reasons Behind MEMEAI's Ascension:
**1. Riding the Greed Wave:**
As the crypto market enters a phase of heightened greed, signaled by a fear and greed index score of 64, MEMEAI rides the wave of investor enthusiasm.
**2. Exchange Listings:**
The recent listing of MEMEAI on prominent exchanges, including MEXC, marks a pivotal moment, underscoring heightened demand for the token within the crypto ecosystem.
**3. Meme Coin Mania:**
Against the backdrop of an anticipated bull run, meme coins like MEMEAI are poised to seize the spotlight, buoyed by a fusion of viral appeal and AI technology.
#### Conclusion:
**A Beacon of Hope:**
Despite its brief tenure in the crypto sphere, MEMEAI has captured investor optimism, with hopes pinned on a potential surge to $0.001 by month-end.
**Disclaimer:** This analysis is for informational purposes only and should not be construed as financial advice. Cryptocurrency investments carry inherent risks, and investors should conduct thorough research before making any decisions.
Intriguingly, MEMEAI's journey serves as a testament to the unpredictable yet captivating nature of the crypto market, where memes meet innovation in a whirlwind of digital fervor.#Memecoins #orocryptotrends #BTC #BinanceLaunchpool #ETH
**Introduction:**
In the ever-evolving landscape of cryptocurrencies, meme coins have carved out a unique niche, fueled by the viral power of social media and celebrity endorsements. Among these, MEMEAI has emerged as a notable contender, experiencing a recent surge in popularity within the crypto market.
#### MEMEAI Price Analysis:
**The Initial Hurdles:**
Despite an ambitious vision from its development team, MEMEAI struggled to gain traction during its initial launch phase.
**The Surprising Surge:**
In a turn of events, MEMEAI experienced a dramatic surge in March, catapulting its value to an all-time high of $0.03688 within a mere three days.
**Current Status:**
However, the coin witnessed a significant decline thereafter, with its value plummeting by 85% from its peak. Yet, recent developments hint at a potential resurgence, with a 16% surge in price observed within just 24 hours.
#### Reasons Behind MEMEAI's Ascension:
**1. Riding the Greed Wave:**
As the crypto market enters a phase of heightened greed, signaled by a fear and greed index score of 64, MEMEAI rides the wave of investor enthusiasm.
**2. Exchange Listings:**
The recent listing of MEMEAI on prominent exchanges, including MEXC, marks a pivotal moment, underscoring heightened demand for the token within the crypto ecosystem.
**3. Meme Coin Mania:**
Against the backdrop of an anticipated bull run, meme coins like MEMEAI are poised to seize the spotlight, buoyed by a fusion of viral appeal and AI technology.
#### Conclusion:
**A Beacon of Hope:**
Despite its brief tenure in the crypto sphere, MEMEAI has captured investor optimism, with hopes pinned on a potential surge to $0.001 by month-end.
**Disclaimer:** This analysis is for informational purposes only and should not be construed as financial advice. Cryptocurrency investments carry inherent risks, and investors should conduct thorough research before making any decisions.
Intriguingly, MEMEAI's journey serves as a testament to the unpredictable yet captivating nature of the crypto market, where memes meet innovation in a whirlwind of digital fervor.#Memecoins #orocryptotrends #BTC #BinanceLaunchpool #ETH
**Get Ahead with Bitcoin: Insights for Potential Price Movement Below $66K**
*Navigating Bitcoin's Path with Whale Signals*
Curious about Bitcoin's next move? Let's dive into some recent signals from the whales.
**A Dip in Trend Scores**
Bitcoin's trend score has taken a bit of a dip below zero lately. While it's been holding on around $66,000, there's a hint of uncertainty in the air.
**Whale Watch: Redistribution in Action**
Some big Bitcoin whales are dialing back their holdings, which might sound alarming at first. But don't hit the panic button just yet—other whales are actually scooping up BTC instead.
**Small Players Make Big Moves**
While the big whales play their game, smaller addresses are jumping in to buy up any dips. It's like a mini-market within the big picture, showing that not all whales are on the same page.
**Growing the Bitcoin Family**
Despite the ups and downs, more people are joining the Bitcoin club. Over a million new holders have jumped in since April, showing that the interest in Bitcoin is still going strong.
**Where's Bitcoin Headed?**
Right now, Bitcoin is trying to hang on to that $66,000 level, with some ups and downs along the way. The Relative Strength Index (RSI) suggests a bit of a shaky trend, but nothing too drastic.
*Disclaimer: Just a friendly heads-up—this info is for your knowledge, not financial advice. Always do your own research before diving into the crypto world!*
#BTC #ETH #orocryptotrends $BTC
*Navigating Bitcoin's Path with Whale Signals*
Curious about Bitcoin's next move? Let's dive into some recent signals from the whales.
**A Dip in Trend Scores**
Bitcoin's trend score has taken a bit of a dip below zero lately. While it's been holding on around $66,000, there's a hint of uncertainty in the air.
**Whale Watch: Redistribution in Action**
Some big Bitcoin whales are dialing back their holdings, which might sound alarming at first. But don't hit the panic button just yet—other whales are actually scooping up BTC instead.
**Small Players Make Big Moves**
While the big whales play their game, smaller addresses are jumping in to buy up any dips. It's like a mini-market within the big picture, showing that not all whales are on the same page.
**Growing the Bitcoin Family**
Despite the ups and downs, more people are joining the Bitcoin club. Over a million new holders have jumped in since April, showing that the interest in Bitcoin is still going strong.
**Where's Bitcoin Headed?**
Right now, Bitcoin is trying to hang on to that $66,000 level, with some ups and downs along the way. The Relative Strength Index (RSI) suggests a bit of a shaky trend, but nothing too drastic.
*Disclaimer: Just a friendly heads-up—this info is for your knowledge, not financial advice. Always do your own research before diving into the crypto world!*
#BTC #ETH #orocryptotrends $BTC
# Bitcoin's Inflation-Adjusted All-Time High: A Closer Look
## Introduction
Renowned trader Peter Brandt has recently sparked a debate by asserting that Bitcoin hasn't reached a new all-time high (ATH) in the past three years. While this statement might seem counterintuitive given Bitcoin's recent peak price of $73,750.07 on March 14, Brandt's argument revolves around adjusting for inflation. Let's delve into the details and explore why this perspective matters.
## Adjusted for Inflation: The Real Picture
When measuring inflation, Bitcoin's price needs to be considered in relation to consumers' purchasing power. According to the U.S. inflation calculator, the cost of a single BTC today (currently around $67,000) would need to hit $78,905.45 to claim the same value as Bitcoin in 2021, the year it last saw a record high¹[1]. In other words, despite its notable rally in recent months, Bitcoin is still technically worth less than it was at its previous ATH in November 2021.
## Historical Context
Let's rewind and explore Bitcoin's journey:
1. 2009: In the very early days of Bitcoin, there were no exchanges like the ones we have today. However, the BitcoinTalk forum witnessed the first recorded price at which Bitcoin exchanged hands: $0.00099 per BTC²[4].
2. 2010: Bitcoin's price never topped $1 in 2010. Its highest price for the year was just $0.39. Interestingly, this was also the year when two pizzas were famously purchased for 10,000 BTC! BitcoinTalk forum member laszlo made the deal, offering 10,000 bitcoins for a couple of pizzas²[4].
3. 2011: Bitcoin's adoption gained momentum. The Electronic Frontier Foundation (EFF) briefly accepted Bitcoin donations. On February 9th, 2011, BTC reached a value of $1.00 for the first time ever. Later that year, it hit $10 and then $30 on Mt. Gox²[4].
## Bitcoin's Resilience
Despite not keeping up with inflation (at least since the last ATH), Bitcoin's journey has been remarkable. Consider this: a Bitcoin in someone's wallet today would have been worth $48,395.13 in 2008, when it was first launched and had no market value at all. Bitcoin has come a long way since then, hitting parity with the U.S. dollar in February 2011 and gaining ever since.
## The Bigger Picture
While Bitcoin's inflation-adjusted ATH might not have been surpassed recently, it's essential to recognize its resilience and growth. The current rally, fueled by the successful launch of spot market Bitcoin exchange-traded funds (ETFs) and other factors, has solidified the idea that crypto is here to stay. Bitcoin's backers continue to grow, and its value proposition as a store of value remains strong.
Moreover, Bitcoin has reached fresh ATHs outside the U.S., considering the rate of currency depreciation relative to the dollar. As central banks around the world increase their buying pressure, Bitcoin's appeal as digital gold remains intact¹[1].
In conclusion, while the numbers may vary when adjusted for inflation, Bitcoin's impact on the financial landscape is undeniable. Whether it continues to climb or not, the crypto revolution is far from over.
Disclosure: This content is provided by a third party. OroCryptoTrends does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
Source: coindesk
#BinanceLaunchpool #bitcoinhalving #btc
Renowned trader Peter Brandt has recently sparked a debate by asserting that Bitcoin hasn't reached a new all-time high (ATH) in the past three years. While this statement might seem counterintuitive given Bitcoin's recent peak price of $73,750.07 on March 14, Brandt's argument revolves around adjusting for inflation. Let's delve into the details and explore why this perspective matters.
## Adjusted for Inflation: The Real Picture
When measuring inflation, Bitcoin's price needs to be considered in relation to consumers' purchasing power. According to the U.S. inflation calculator, the cost of a single BTC today (currently around $67,000) would need to hit $78,905.45 to claim the same value as Bitcoin in 2021, the year it last saw a record high¹[1]. In other words, despite its notable rally in recent months, Bitcoin is still technically worth less than it was at its previous ATH in November 2021.
## Historical Context
Let's rewind and explore Bitcoin's journey:
1. 2009: In the very early days of Bitcoin, there were no exchanges like the ones we have today. However, the BitcoinTalk forum witnessed the first recorded price at which Bitcoin exchanged hands: $0.00099 per BTC²[4].
2. 2010: Bitcoin's price never topped $1 in 2010. Its highest price for the year was just $0.39. Interestingly, this was also the year when two pizzas were famously purchased for 10,000 BTC! BitcoinTalk forum member laszlo made the deal, offering 10,000 bitcoins for a couple of pizzas²[4].
3. 2011: Bitcoin's adoption gained momentum. The Electronic Frontier Foundation (EFF) briefly accepted Bitcoin donations. On February 9th, 2011, BTC reached a value of $1.00 for the first time ever. Later that year, it hit $10 and then $30 on Mt. Gox²[4].
## Bitcoin's Resilience
Despite not keeping up with inflation (at least since the last ATH), Bitcoin's journey has been remarkable. Consider this: a Bitcoin in someone's wallet today would have been worth $48,395.13 in 2008, when it was first launched and had no market value at all. Bitcoin has come a long way since then, hitting parity with the U.S. dollar in February 2011 and gaining ever since.
## The Bigger Picture
While Bitcoin's inflation-adjusted ATH might not have been surpassed recently, it's essential to recognize its resilience and growth. The current rally, fueled by the successful launch of spot market Bitcoin exchange-traded funds (ETFs) and other factors, has solidified the idea that crypto is here to stay. Bitcoin's backers continue to grow, and its value proposition as a store of value remains strong.
Moreover, Bitcoin has reached fresh ATHs outside the U.S., considering the rate of currency depreciation relative to the dollar. As central banks around the world increase their buying pressure, Bitcoin's appeal as digital gold remains intact¹[1].
In conclusion, while the numbers may vary when adjusted for inflation, Bitcoin's impact on the financial landscape is undeniable. Whether it continues to climb or not, the crypto revolution is far from over.
Disclosure: This content is provided by a third party. OroCryptoTrends does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
Source: coindesk
#BinanceLaunchpool #bitcoinhalving #btc
DeeStream (DST): Revolutionizing the Streaming Industry
DeeStream, the world's first decentralized streaming platform, is making waves in the web3 space. As investors navigate the recent crypto market fluctuations, DeeStream has emerged as a promising investment opportunity. Here's why it's catching the attention of crypto enthusiasts and major players:
1. Unique Approach to Streaming:
- DeeStream aims to disrupt the streaming industry by connecting content creators directly with their audience. Leveraging blockchain technology, it introduces transparency, instant payouts, community governance, and low fees.
- Unlike traditional platforms like Twitch and YouTube, DeeStream offers censorship-resistant content sharing and fosters open conversations.
2. Dogecoin and Tron Interest:
- Dogecoin (DOGE) and Tron (TRX) holders are taking notice of DeeStream. Both communities recognize the potential for massive returns and are buying into the project.
- Dogecoin, known for its meme status, has seen bullish trends but faces uncertainty. Tron, with its loyal community, is also exploring DeeStream as an alternative.
3. Market Opportunity:
- The live-streaming industry is currently valued at $160.55 billion and projected to reach $247 billion by 2027.
- DeeStream's first-mover advantage positions it well to capitalize on this booming market.
4. Presale Details:
- DeeStream is in stage two of its presale.
- Investors can buy DST tokens at a discounted price of $0.06, which is expected to be the lowest.
- Early adopters have the opportunity to shape the platform through voting rights and early access to testing.
5. Web3-Powered Revolution:
- DeeStream's decentralized model empowers both streamers and fans.
- As live-streamed content gains popularity, DeeStream's innovative approach sets it apart.
In summary, DeeStream's disruptive potential and unique features make it an exciting investment opportunity. Whether you're a Dogecoin enthusiast or a Tron supporter, keep an eye on this streaming sensation as it reshapes the industry¹[7] ²[8] ³[9] ⁴[10]. 🚀
To learn more about this project, visit the DeeStream presale website.
Disclosure: This content is provided by a third party. OroCryptoTrends does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
Source: crypto news
#Megadrop #Token2049 #BinanceLaunchpool #bitcoinhalving
1. Unique Approach to Streaming:
- DeeStream aims to disrupt the streaming industry by connecting content creators directly with their audience. Leveraging blockchain technology, it introduces transparency, instant payouts, community governance, and low fees.
- Unlike traditional platforms like Twitch and YouTube, DeeStream offers censorship-resistant content sharing and fosters open conversations.
2. Dogecoin and Tron Interest:
- Dogecoin (DOGE) and Tron (TRX) holders are taking notice of DeeStream. Both communities recognize the potential for massive returns and are buying into the project.
- Dogecoin, known for its meme status, has seen bullish trends but faces uncertainty. Tron, with its loyal community, is also exploring DeeStream as an alternative.
3. Market Opportunity:
- The live-streaming industry is currently valued at $160.55 billion and projected to reach $247 billion by 2027.
- DeeStream's first-mover advantage positions it well to capitalize on this booming market.
4. Presale Details:
- DeeStream is in stage two of its presale.
- Investors can buy DST tokens at a discounted price of $0.06, which is expected to be the lowest.
- Early adopters have the opportunity to shape the platform through voting rights and early access to testing.
5. Web3-Powered Revolution:
- DeeStream's decentralized model empowers both streamers and fans.
- As live-streamed content gains popularity, DeeStream's innovative approach sets it apart.
In summary, DeeStream's disruptive potential and unique features make it an exciting investment opportunity. Whether you're a Dogecoin enthusiast or a Tron supporter, keep an eye on this streaming sensation as it reshapes the industry¹[7] ²[8] ³[9] ⁴[10]. 🚀
To learn more about this project, visit the DeeStream presale website.
Disclosure: This content is provided by a third party. OroCryptoTrends does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
Source: crypto news
#Megadrop #Token2049 #BinanceLaunchpool #bitcoinhalving