⚠️ Binance's next token write is done!!!
▪️ Binance exchange yesterday, October 16, 2023, burned 2.1 million BNB worth approximately $450 million. this burning; This follows the events of the BNB token burn.
👈 What is the effect of token burning mechanism?
BNB token burning helps reduce the circulating supply of this token and can lead to a long-term price increase by reducing supply and increasing demand.
#binance
October 18, 2023
@cryptoboxtobox
▪️ Binance exchange yesterday, October 16, 2023, burned 2.1 million BNB worth approximately $450 million. this burning; This follows the events of the BNB token burn.
👈 What is the effect of token burning mechanism?
BNB token burning helps reduce the circulating supply of this token and can lead to a long-term price increase by reducing supply and increasing demand.
#binance
October 18, 2023
@cryptoboxtobox
❤2
⏳ The picture above is the third deadline for the SEC organization to approve various Bitcoin ETFs.
@cryptoboxtobox
@cryptoboxtobox
⚫️Everscale token price (Everscale); The Layer 1 blockchain project was reduced by 20% due to the theft of a large number of its tokens.
@cryptoboxtobox
@cryptoboxtobox
📊 Market Overview:
BTC : $28203
ETH : $1570.53
BNB : $211.52
⚡ Dominance :
BTC : 49.10 %
ETH : 16.86 %
Stables : 9.72 %
📈 Market Cap :
Total : 1.12T
DeFi : 41.55B
24hr Vol : 40.2B
@cryptoboxtobox
BTC : $28203
ETH : $1570.53
BNB : $211.52
⚡ Dominance :
BTC : 49.10 %
ETH : 16.86 %
Stables : 9.72 %
📈 Market Cap :
Total : 1.12T
DeFi : 41.55B
24hr Vol : 40.2B
@cryptoboxtobox
🚀 Galaxy Digital CEO Novogratz Says SEC Will Approve #Bitcoin ETF this year in 2023.
🚨🚨 QCP Capital reports that they anticipate no #SEC approvals for #ETF or conversions in the current year.
@cryptoboxtobox
🚨🚨 QCP Capital reports that they anticipate no #SEC approvals for #ETF or conversions in the current year.
@cryptoboxtobox
🇬🇧 UK tops crypto activity in Central, Northern and Western Europe: Chainalysis
The U.K. has topped CNWE’s biggest crypto economies list and ranked third in the world in terms of transaction volumes after the United States and India. 👀
According to Chainalysis, the U.K. received an estimated $252.1 billion in cryptocurrency transactions in the past year. 💸 Other big crypto economies in the CNWE included 🇩🇪 Germany and 🇪🇸 Spain, which received around $120 billion and $110 billion in crypto transactions over the past year, respectively.
@cryptoboxtobox
The U.K. has topped CNWE’s biggest crypto economies list and ranked third in the world in terms of transaction volumes after the United States and India. 👀
According to Chainalysis, the U.K. received an estimated $252.1 billion in cryptocurrency transactions in the past year. 💸 Other big crypto economies in the CNWE included 🇩🇪 Germany and 🇪🇸 Spain, which received around $120 billion and $110 billion in crypto transactions over the past year, respectively.
@cryptoboxtobox
🇺🇸 US Senator Elizabeth Warren sends a letter to the White House claiming crypto is a national security threat being used to fund terrorism.
@cryptoboxtobox
@cryptoboxtobox
💰Elon Musk & Mark Cuban filed joint amicus briefs at the Supreme Court calling for an overhaul of the SEC's proceedings.
@cryptoboxtobox
@cryptoboxtobox
❤1
📊 An overview of the market on 10/19/2023
💰 28,340.69 dollars
(1.2% in the last 24 hours)
🌐ETH $1553.35
(1.24% in the last 24 hours)
📉 3 digital currencies with the biggest drop
CFX 7%
tone 6%
flow 5%
📈 3 digital currencies with the biggest increase
BSV 5%
Leo 4%
MINA 3%
Fear and Greed Index 52
Entering the fear zone increases by 2 units compared to yesterday
@cryptoboxtobox
💰 28,340.69 dollars
(1.2% in the last 24 hours)
🌐ETH $1553.35
(1.24% in the last 24 hours)
📉 3 digital currencies with the biggest drop
CFX 7%
tone 6%
flow 5%
📈 3 digital currencies with the biggest increase
BSV 5%
Leo 4%
MINA 3%
Fear and Greed Index 52
Entering the fear zone increases by 2 units compared to yesterday
@cryptoboxtobox
The decision to approve Bitcoin cash ETFs will be postponed to the new year?!
October 19, 2023
🇺🇸US Securities and Exchange Commission Chairman Gensler has indicated in his recent statement that the commission is still reviewing applications for spot bitcoin ETFs and negotiating with companies that have applied for these ETFs.
💬 In this way, it seems that with these talks and the comments of analysts, the approval of ETFs will be postponed to the new year, the next deadline date when the Securities and Exchange Commission must decide on the companies
#ETF
@cryptoboxtobox
October 19, 2023
🇺🇸US Securities and Exchange Commission Chairman Gensler has indicated in his recent statement that the commission is still reviewing applications for spot bitcoin ETFs and negotiating with companies that have applied for these ETFs.
💬 In this way, it seems that with these talks and the comments of analysts, the approval of ETFs will be postponed to the new year, the next deadline date when the Securities and Exchange Commission must decide on the companies
#ETF
@cryptoboxtobox
😮 Another resignation from the position of Binance managers
💢 Binance exchange, which is the largest crypto exchange in the world, witnessed the departure of its tenth executive director since the beginning of 2023.
This time, the manager of the French branch of Binance has resigned from his position
@cryptoboxtobox
💢 Binance exchange, which is the largest crypto exchange in the world, witnessed the departure of its tenth executive director since the beginning of 2023.
This time, the manager of the French branch of Binance has resigned from his position
@cryptoboxtobox
⚠️ Coinbase Launches Permanent Futures Trading for Non-US Traders!!!
Coinbase is expanding its services to non-Americans. A perpetual futures contract is a type of futures contract that remains open until it closes. These contracts allow traders to profit from fluctuations in the price of digital currencies.
▪️ Coinbase exchange offers permanent Bitcoin and Ethereum futures for non-US customers with 5X leverage. This means Che Garan can open bigger positions using 5 times his capital. Leverage can increase potentially expensive profits, but it can also increase them.
▪️ Regulatory review from Bermuda allows Coinbase to offer permanent futures trading to non-Americans. Bermuda is relatively cryptocurrency-friendly.
October 19, 2023
#Coinbase
@cryptoboxtobox
Coinbase is expanding its services to non-Americans. A perpetual futures contract is a type of futures contract that remains open until it closes. These contracts allow traders to profit from fluctuations in the price of digital currencies.
▪️ Coinbase exchange offers permanent Bitcoin and Ethereum futures for non-US customers with 5X leverage. This means Che Garan can open bigger positions using 5 times his capital. Leverage can increase potentially expensive profits, but it can also increase them.
▪️ Regulatory review from Bermuda allows Coinbase to offer permanent futures trading to non-Americans. Bermuda is relatively cryptocurrency-friendly.
October 19, 2023
#Coinbase
@cryptoboxtobox
⚠️ Important: Mr. Powell's statement about the US economic outlook:
October 19, 2023
The policy committee is proceeding with caution.
▪️ The current level of interest rate is very high.
▪️ More evidence that the labor market is not adjusting, or that the economy is growing too much, could force us to contract further.
A significant tightening in financial conditions with higher bond yields could have implications for policy, we are aware. (referring to the possibility of not needing further contraction due to the high level of long-term bonds)
▪️ The lower inflation figures in summer were very welcome, but the September figures are not welcome.
A significant amount of contraction could still be on the way for the economy.
▪️ The economy has performed better than expected and one of the reasons is the recent retail sales figures.
▪️ Geopolitical risks are very high and make the economic outlook uncertain.
@cryptoboxtobox
October 19, 2023
The policy committee is proceeding with caution.
▪️ The current level of interest rate is very high.
▪️ More evidence that the labor market is not adjusting, or that the economy is growing too much, could force us to contract further.
A significant tightening in financial conditions with higher bond yields could have implications for policy, we are aware. (referring to the possibility of not needing further contraction due to the high level of long-term bonds)
▪️ The lower inflation figures in summer were very welcome, but the September figures are not welcome.
A significant amount of contraction could still be on the way for the economy.
▪️ The economy has performed better than expected and one of the reasons is the recent retail sales figures.
▪️ Geopolitical risks are very high and make the economic outlook uncertain.
@cryptoboxtobox