Category: Cryptocurrency News

The proceeds will be used to pay off $500 million in existing debt and to purchase more Bitcoin. MicroStrategy currently holds 244,800 BTC. 

BOB (Build on Bitcoin), a hybrid layer two (L2) solution integrating Bitcoin and Ethereum, has launched BOB Stake, a new one-click bitcoin staking product. The platform allows users to stake bitcoin (BTC) and utilize Liquid Staking Tokens (LSTs) across decentralized finance (defi) applications. BOB Introduces One-Click Bitcoin Staking Portal and SDK According to the announcement […]

Binance is offering an exclusive opportunity for new users to earn a $100 trading fee rebate voucher just by signing up using our special referral code VA05III2 and making a deposit of $50 or more within 14 days. Click hereto register now and claim your reward! Our Binance referral code “VA05III2” is automatically applied, making it easier than ever to start trading with lower costs. Why Use Our Binance Referral Code VA05III2 There are several compelling reasons to sign up using a good Binance referral code: 1. $100 Trading Fee Rebate Voucher By registering via our referral link and completing a deposit of $50 or more within 14 days, new users receive a $100 equivalent trading fee rebate voucher. This voucher can be applied to offset your trading fees, allowing you to trade more with less cost. The rebate is valid for 14 days after activation, providing flexibility to plan your trades. 2. Low and Transparent Trading Fees Binance is known for its highly competitive fee structure. Users who choose to pay fees with Binance Coin (BNB) receive further discounts, enhancing their savings. This cost-effectiveness makes Binance a preferred platform for traders looking to maximize their profits. 3. Access to a Diverse Range of Products Binance offers a comprehensive suite of trading products and services. From traditional Spot Trading to more sophisticated options like Margin Trading, Futures, Staking, and Liquidity Farming, there is something for everyone. The platform supports over 350 cryptocurrencies, including top assets like Bitcoin (BTC), Ethereum (ETH), and a wide range of altcoins, enabling users to diversify their portfolios and explore various market opportunities. 4. Advanced Trading Tools and Features: Binance provides an array of advanced trading tools, including real-time charting, technical indicators like moving averages and exponential moving averages, and multiple order types (stop orders, limit orders, and trailing stops). These tools empower traders to execute informed trades, manage risk, and capitalize on market movements. Benefit Description $100 Trading Fee Rebate Voucher By registering via our referral link and completing a deposit of $50 or more within 14 days, new users receive a $100 equivalent trading fee rebate voucher. Low and Transparent Trading Fees Binance is known for its highly competitive fee structure, which includes a 0% fee for Bitcoin trades and very low fees for other transactions. Access to a Diverse Range of Products Binance offers a comprehensive suite of trading products and services, including Spot Trading, Margin Trading, Futures, Staking, and Liquidity Farming. Advanced Trading Tools and Features Binance provides an array of advanced trading tools, including real-time charting, technical indicators, and multiple order types. How To Register and Get the Rewards From the Binance Referral Code Registering on Binance and qualifying for rewards is simple and straightforward. Follow these steps to get started: Click the Referral Link: Start by clicking on our exclusive referral link: Sign up on Binance. The referral code VA05III2 will be automatically applied, ensuring you qualify for the rewards. Complete Your Registration: Create your Binance account by providing your email or phone number, and set a secure password. Complete the Identity Verification (KYC) process to unlock all features on the platform. This step is essential for ensuring a secure trading environment and meeting regulatory standards. Make a Qualifying Deposit: Deposit $50 or more using one of the eligible channels — cash deposit, buying crypto with a debit/credit card, P2P trading, or direct crypto deposits. This deposit must be completed within 14 days of registration to qualify for the $100 trading fee rebate voucher. Keep in mind that deposits made via third-party payment methods or internal transfers from other Binance accounts are not eligible for the rebate. Receive Your Rewards: Once your friend completes the deposit task, both of you will receive a $100 trading fee rebate voucher within 48 hours. The voucher will be available in your Rewards Hub and must be redeemed within 7 days. Once activated, it will be valid for 14 days to offset Spot trading fees. How to Maximize Your Earnings on Binance To make the most of your Binance experience and maximize your potential earnings, consider the following strategies: Opt for the Referral Pro Mode: If you plan to invite multiple friends or have a large audience, choose the Referral Pro Mode. This mode allows you to earn a percentage of the trading fees paid by your referred users across different markets (Spot, Margin, and Futures). The more your referrals trade, the more you earn, creating a continuous income stream. Additionally, with a higher daily BNB balance, you can increase your commission rate, further boosting your earnings. Utilize Binance’s Diverse Product Suite: Binance offers numerous opportunities to grow your assets, including staking, liquidity farming, savings, and auto-invest plans. For instance, you can participate in Liquidity Farming to earn transaction fees and BNB rewards, or use the Auto-Invest feature to automate crypto investments and earn passive income. Exploring these options helps you diversify your investment strategies and maximize returns. Take Advantage of Promotions and Discounts: Binance frequently runs promotions that offer additional savings or rewards. For example, using Binance Coin (BNB) for trading fees grants you discounts, and participating in referral programs or seasonal events can lead to extra bonuses. Stay updated with Binance’s promotional offers to capitalize on these opportunities. Leverage Advanced Trading Tools: Use Binance’s advanced trading tools and features, like real-time charting and multiple order types, to execute trades more effectively. This approach allows you to make informed decisions, limit risks, and optimize your trading strategies. FAQ on Our Binance Referral Code What is a Binance referral code or ID? A Binance referral code or ID is a unique identifier that you can use to invite others to sign up for a Binance account. When someone registers using your referral code, both you and the person you referred can receive rewards, which may include discounts on trading fees or other bonuses, depending on Binance’s current referral program. The referral code is typically a string of letters and numbers, like VA05III2 ,  that you can share with friends, family, or followers. If the person signs up and uses the platform, you’ll receive a percentage of their trading fees as a reward, and they might also get a discount on their fees. These codes are part of Binance’s strategy to grow its user base by incentivizing existing users to bring new people onto the platform, making it a win-win case for everybody. When will I receive my $100 trading fee rebate voucher? Once your referred friend completes a cumulative deposit of over $50 within 14 days of registration, both of you will receive a $100 trading fee rebate voucher within 48 hours. Remember, your friend must complete the deposit task through eligible channels (cash deposit, credit/debit card, P2P trading, or direct crypto deposit). You will need to redeem the voucher within 7 days from the Rewards Hub, and it will be valid for 14 days after activation. Why haven’t I received my Binance Referral reward yet? There could be a few reasons why you haven’t received your reward: The reward distribution is still in progress; it can take up to 48 hours after the deposit task is completed. The deposit was made using a third-party payment method or internal transfer, which are not eligible. The deposit was not completed within the 14-day window after registration or did not exceed $50. The referred friend failed to pass Binance’s risk assessment checks. Binance reserves the right to revoke rewards if dishonest or abusive activities are detected. How can I use the Binance Referral Trading Fee Rebate Voucher? After receiving the voucher, go to the Rewards Hub to redeem it within 7 days. The voucher is valid for 14 days once activated and can be used to offset trading fees for Spot trading. This allows you to reduce the cost of your trades, maximizing your profits while trading on Binance. What is Binance, and why is it so popular? Binance is one of the largest and most trusted cryptocurrency exchanges in the world, founded in 2017. It offers a platform for buying, selling, and trading a wide variety of cryptocurrencies, including Bitcoin, Ethereum, and numerous altcoins. Binance is known for its low trading fees, a vast range of supported digital assets, advanced trading tools, strong security measures, and its commitment to continuous innovation in the crypto space. These features have made it a popular choice among both new and experienced traders. What types of cryptocurrencies can I trade on Binance? Binance supports over 350 different cryptocurrencies, including major assets like Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), and a wide variety of altcoins and stablecoins. The platform also regularly lists new tokens, providing users with access to a diverse range of digital assets for trading and investment. Does Binance offer ways to earn passive income? Yes, Binance offers several ways to earn passive income: Staking: Stake your crypto assets to earn rewards over time. Savings: Use Binance’s flexible or fixed-term savings products to earn interest on your idle assets. Liquidity Farming: Provide liquidity to Binance’s pools and earn transaction fees and rewards. Dual Investment: Earn high yields with structured products that offer exposure to multiple assets.

Dogecoin (DOGE) is currently trading at $0.102, but the popular meme-based cryptocurrency appears to be positioning itself for a potential move to the upside. Over the past five months, Dogecoin has largely traded in a downtrend with the formation of lower highs and lower lows. This consistent downward pressure has led to the development of a classic price pattern known as a falling wedge. According to a technical analyst who has been closely tracking Dogecoin’s movements, the daily chart suggests that the falling wedge is nearing its conclusion, and a bullish breakout is now in sight. If Dogecoin successfully breaks out of this wedge, the analyst projects a price target of $0.20. Dogecoin Falling Wedge Breaking Bullish A falling wedge is a narrowing price channel that typically signals a reversal from bearish to bullish momentum. The key feature of this pattern is that it shows a gradual reduction in the downward price movement as buyers start to step in, causing price consolidation. In the case of Dogecoin, this pattern was highlighted by a technical analyst known pseudonymously as Crypto Yapper on social media platform X.  Related Reading: Analyst Sounds Warning For Bullish Investors, Says Solana Will Crash 42% To $80 According to the DOGE/USDT chart on the 1D candlestick, DOGE has largely been on a downtrend since it peaked at its yearly high of $0.22 in March. At one point, DOGE fell by 63% from $0.22 to a low of $0.08 on August 5. Following this low point in early August, Dogecoin has managed to stage a modest recovery, rising by approximately 25% to its current level. However, DOGE has yet to break above the upper resistance trendline of the falling wedge pattern. $DOGE almost Breaking Out ! This Falling Wedge on the #DOGE daily chart is close to breaking Bullish The break out target for #Dogecoin will be $0.20 pic.twitter.com/MoAQe1Xo6r — Crypto Yapper (@CryptoYapper) September 14, 2024 Since bouncing off $0.088 on September 6, DOGE has traveled upwards to retest the upper trendline of the falling wedge at around $0.108. As noted by Crypto Yapper, a successful break to the upside would see DOGE doubling its current value and reaching $0.20. While this price target might seem modest at first glance, especially considering that Dogecoin had already surpassed $0.20 earlier in the year, it represents the cryptocurrency’s recovery from its prolonged downtrend. This, in turn, could lead to a total change into bullish sentiment, with DOGE eventually breaking above $0.22. Related Reading: Analyst Says Bitcoin Will Reach $68,000 By End Of September, $90,000 In December Echoing the falling wedge pattern analysis is another DOGE trader (CryptoHotep). According to him, DOGE at $0.10 is a gift. His post featured a similar DOGE/USD price chart featuring the falling wedge pattern from $0.22, albeit with the upper trendline only. This comment was made regarding a forecasted breakout above the upper trendline. Although there wasn’t a projected price target, his comment showed this is probably the best time to buy DOGE before the projected breakout.  Featured image created with Dall.E, chart from Tradingview.com

Fantom price flashes a classic bullish trading pattern which could extend its month-long double-digit rally.

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I have been advised to narrow my crypto collection. However, with 14 coins in my crypto portfolio, the performance is good enough for me. I do add more capital to these coins when the markets experience significant corrections, usually 2-3 times a year. Crypto feels like angel investing to me; you need to have many…
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The large private companies will work with seven central banks on improving structural inefficiencies in international transfers.

Qatar Financial Center (QFC) has launched its Digital Assets Lab, selecting 24 participants to develop innovative digital solutions using distributed ledger technology. Key partners include Google Cloud, Masraf Al Rayan, The Hashgraph Association, and R3. Lab Participants to Lead Digital Transformation In a move signaling Qatar’s embrace of digital assets, the QFC, the region’s leading […]