#funding rate binance

[monicascot]

Weekly Overview | US Powel says more rate rises to come | US Data hints at a slowdown

Today, we will discuss the latest market trends and important developments that can impact your investments. We've seen some concerning signs of a global economic slowdown, including the weakening Purchasing Managers' Index (PMI) in the US. The upcoming central bank meetings in Portugal will provide insights into their plans to address these challenges.

[cryptoolivia]

What is USDT (Tether)? Is it a scam? (A must-read for beginners)

If you're new to cryptocurrency, you've likely heard of "USDT" or "Tether." In the news, phrases like "USDT scam" or "Tether money laundering" frequently appear, causing many newcomers to doubt the legitimacy of USDT. So, what exactly is USDT, and is it a scam? This article will explain what USDT is, its uses, and how to avoid potential scams involving it.

What is USDT (Tether)?

USDT, short for Tether, is a cryptocurrency issued by Tether Limited. Similar to other cryptocurrencies like Bitcoin or Ethereum, USDT is a virtual currency. What sets USDT apart is its 1:1 peg to the US dollar, making it a "stablecoin." In other words, 1 USDT typically equals 1 USD (with slight fluctuations). USDT is designed to function as a digital version of the dollar and is commonly used as a stable store of value in cryptocurrency trading.

Launched in 2014 under the name Realcoin, later rebranded as Tether, USDT's goal was to offer a digital asset backed by traditional currencies (primarily the US dollar), helping cryptocurrency users avoid the extreme volatility of other digital currencies. Tether operates by claiming that for every 1 USDT issued, the company holds an equivalent value in USD or other assets in reserve, thus maintaining its stable value.

Why is USDT often linked to scams?

USDT itself is not a scam; it is a legitimate cryptocurrency. The reason we often hear about "USDT scams" is that fraudsters prefer to use USDT's stability and widespread use in their schemes.

Because 1 USDT is roughly equal to 1 USD and is widely accepted across major crypto exchanges, scammers frequently use fake platforms or fraudulent investment opportunities to trick victims into buying or transferring USDT. Since USDT can be quickly converted into fiat currency or other cryptocurrencies, it's a preferred tool for scammers. However, this doesn't make USDT a scam in and of itself.

How do scammers use USDT to commit fraud?

Common methods include:

Fake exchanges: Scammers create fake cryptocurrency exchanges to steal users' personal information and funds. They may lure you into buying USDT, but you soon realize that the USDT is either fake or nonexistent.

Impersonating customer service or friends: Through social media or phishing, scammers impersonate customer service representatives or friends, tricking you into buying USDT and transferring it to them under the guise of investment or transaction needs. In reality, your funds vanish.

Phishing websites: Fraudsters create fake websites, appearing identical to official platforms, to trick users into entering their wallet private keys or passwords, enabling them to steal USDT.

How to avoid USDT-related scams?

Use trusted exchanges: Always purchase USDT through reputable cryptocurrency exchanges (such as Binance, OKX, Bitget, gate·io, bybit). These platforms are highly regulated and more secure.

Be wary of false investment opportunities: Any promise of "high returns with zero risk" should be viewed skeptically. The crypto market is highly volatile, and promises of quick profits often signal scams.

Avoid clicking on suspicious links: If you receive unfamiliar links, especially those encouraging you to buy USDT or make transactions, exercise caution to avoid phishing traps.

Does USDT always maintain a 1:1 peg to the USD?

While USDT is intended to maintain a 1:1 peg with the US dollar, slight fluctuations may occur during periods of market stress or loss of confidence in Tether's reserves. However, most of the time, USDT remains stable at around 1 USD.

For other currencies like TWD or HKD, the USDT exchange rate is influenced by market demand. In domestic markets, USDT prices may slightly differ from the direct USD exchange rate, depending on supply and demand dynamics.

Where can you buy USDT?

Through regulated cryptocurrency exchanges: The safest way to purchase USDT is through reputable global exchanges, which support various payment methods, including bank transfers and credit cards.

OTC (Over-the-Counter) dealers: In certain regions like Hong Kong, you can buy USDT at physical stores. However, exercise caution as not all stores are regulated, and scams do exist.

Avoid private transactions: Refrain from purchasing USDT through unofficial channels or individual sellers, especially those involving cash deals, as these carry high risks of fraud or theft.

Common Questions (FAQ)

How is USDT different from other cryptocurrencies? USDT is a stablecoin, meaning its value is relatively stable (around 1 USD), while other cryptocurrencies like Bitcoin or Ethereum are highly volatile. USDT is typically used as a store of value in crypto trading, while Bitcoin, for example, is more suitable for investment.

Is USDT safe? USDT itself is safe, but due to its popularity, scammers often use it in fraudulent schemes. Always use trusted platforms to purchase USDT and remain vigilant.

Why does USDT sometimes "de-peg"? USDT can experience minor fluctuations when market confidence in Tether's reserves wanes or in times of market stress. However, these instances are usually temporary.

Is USDT a good investment for beginners? USDT is not typically seen as an investment but rather as a stable store of value. It's more like a "digital dollar" in the crypto market, ideal for transferring value rather than speculating.

Conclusion

USDT is not a scam; it's a widely used stablecoin, designed to maintain a 1:1 value with the US dollar. However, due to its popularity, it is often used by scammers as a tool for fraud. To avoid being scammed, always purchase USDT through official channels and be cautious of investment offers. Remember, all investments carry risks, and caution is key to protecting your assets.

Through this article, I hope you now have a clearer understanding of USDT and how to avoid scams involving it. If you have further questions, feel free to reach out.

[rauthschild]

💸Bitcoin nears $100k: Exploring its market value and growing dominance

As the Bitcoin price topped $99,000 on November 22, setting a new all-time high, we look at how many bitcoins exist, their share in the global currency supply and what drives up their value.

🪙At $99k per coin, Bitcoin's market cap is approaching $2 trillion – a significant figure but still a small portion of the estimated global currency supply of over $150 trillion. This total includes fiat currencies – like dollars, euros and yen – central bank reserves, and near-money assets like savings deposits and money market funds.

🪙Bitcoin’s share remains small but growing, driven by its use as a store of value and a hedge against inflation.

🪙Its price is influenced by factors like supply and demand, market trends, adoption rates, macroeconomic conditions and regulatory changes. Limited supply and rising demand drive it higher.

🪙Bitcoin, the world's biggest cryptocurrency has a 56% market share among the top ten cryptocurrencies.

Where is Bitcoin heading?

🪙Prices on Coinbase, the largest US crypto exchange, are outstripping the Tether (USDT) stablecoin pair on exchanges Binance and Bybit.

🪙Bitcoin has more than doubled in value from this year’s low of $38,505. It soared by about 45% after Donald Trump's election victory on Nov. 5.

🪙Investors foresee favorable crypto regulation under Trump, as he pledged to make the US the "crypto capital of the planet" and build a “national bitcoin stockpile.”

🪙The crypto got a boost after the US Securities and Exchange Commission approved the first 11 Bitcoin spot ETFs in January, allowing trading on traditional market exchanges rather than cryptocurrency exchanges.

🪙Over $4 billion has flooded into US-listed bitcoin exchange-traded funds since the election.

🪙Reports that Trump Media is in talks to buy crypto trading firm Bakkt also fueled the surge.

🪙The US government is one of the world’s biggest holders of bitcoin, with reportedly over 210,000 units worth around $14 billion seized by fraud officers.

What is Bitcoin, and how much of it exists?

Bitcoin is a decentralized digital currency created in 2009 by the shadowy figure known as ‘Satoshi Nakamoto’. It is traded peer-to-peer, enabling payments without banks. ‘Miners’ use powerful computers earn bitcoins by processing the crypto’s ‘blockchain’ accounting.

🪙There are now around 19.8 million bitcoins in circulation.

🪙The US holds the most bitcoins, driven by institutional adoption and mining. Other key holders include China and Germany.

🪙The total supply of bitcoin was permanently capped at 21 million BTC by its creator.

🪙Once Bitcoin reaches its supply limit, no new coins will be issued. Miners will earn transaction fees instead.

🪙Bitcoin is expected to reach that limit around the year 2140.

[mannawealthmanagement]

Want to Become a Yield Farmer? A 6-Step Process to Target a Return on Crypto Investments

Yield farming is one of the hottest trends in the cryptocurrency world. It offers an opportunity to earn passive income by leveraging decentralized finance (DeFi) protocols. Essentially, yield farming involves lending, staking, or providing liquidity to DeFi platforms in exchange for rewards. However, while the potential for lucrative returns is real, the risks are equally significant.

If you’re interested in becoming a yield farmer and targeting a return on your crypto investments, here’s a step-by-step process to help you get started:

1. Understand the Basics of Yield Farming

Before diving in, it’s crucial to grasp the fundamentals of how yield farming works. At its core, yield farming involves:

Providing liquidity to decentralized exchanges or lending platforms.

Earning rewards in the form of interest, tokens, or fees.

Compounding returns by reinvesting earnings.

Start by researching popular DeFi protocols like Uniswap, Aave, or Curve Finance. Learn about the specific assets, liquidity pools, and risk-reward ratios of different platforms. This foundational knowledge will help you make informed decisions.

2. Choose the Right Platform

The DeFi space is vast, with countless platforms offering various yield farming opportunities. To narrow your choices, consider the following factors:

Reputation and security: Opt for platforms with a track record of transparency and minimal security breaches.

Supported assets: Ensure the platform supports cryptocurrencies you already own or plan to invest in.

APY (Annual Percentage Yield): Compare potential returns across platforms, but beware of platforms offering excessively high rates, as they may carry additional risks.

Popular platforms include:

Uniswap for decentralized trading and liquidity provision.

Aave for lending and borrowing.

PancakeSwap for yield farming on the Binance Smart Chain.

3. Assess and Mitigate Risks

Yield farming isn’t without its risks. To protect your investment, you need to identify and mitigate potential pitfalls:

Impermanent Loss: This occurs when the value of assets in a liquidity pool diverges, leading to losses compared to simply holding the assets.

Smart Contract Vulnerabilities: DeFi protocols rely on complex smart contracts that can be hacked or exploited.

Market Volatility: Crypto markets are highly volatile, and sudden price swings can impact your returns.

Consider diversifying your investments across multiple platforms and pools to spread risk. Additionally, allocate only a portion of your portfolio to yield farming, keeping a reserve for emergencies.

4. Fund Your Wallet and Start Farming

Once you’ve selected a platform and assessed its risks, it’s time to start farming. Follow these steps:

Set up a crypto wallet: Use a secure, non-custodial wallet like MetaMask or Trust Wallet.

Fund your wallet: Purchase the necessary cryptocurrencies (e.g., ETH, USDT, or DAI) on a trusted exchange and transfer them to your wallet.

Deposit assets: Navigate to your chosen DeFi platform, select a pool or protocol, and deposit your assets.

Stake or provide liquidity: Follow the platform’s instructions to stake tokens or add liquidity to a pool.

Many platforms offer tutorials and user-friendly interfaces to guide beginners through the process.

5. Monitor Your Investments Regularly

Yield farming is not a “set it and forget it” strategy. Regular monitoring is essential to maximize returns and minimize losses. Keep an eye on:

Rewards: Track the tokens or interest earned from your investments.

APY fluctuations: Yields can change over time based on market conditions and liquidity levels.

Market prices: Stay updated on the value of your staked assets.

Rebalance your portfolio as needed, and consider withdrawing or reallocating funds if risks increase or returns diminish.

6. Plan for Taxes and Fees

Yield farming returns are subject to taxation in many jurisdictions. Familiarize yourself with your country’s tax laws regarding cryptocurrency earnings. Key points to consider:

Taxable events: Selling, swapping, or earning rewards may trigger tax obligations.

Record-keeping: Maintain detailed records of transactions, including dates, amounts, and values.

Platform fees: Account for gas fees or transaction costs, especially on networks like Ethereum, where fees can be high.

Using tax software tailored to cryptocurrencies can simplify this process and help you stay compliant.

Conclusion

Becoming a yield farmer can be a rewarding way to grow your crypto portfolio, but it requires careful planning, research, and risk management. By following this 6-step process, you can navigate the complexities of yield farming and target consistent returns on your investments.

Remember, the DeFi landscape is dynamic, with new opportunities emerging regularly. Stay informed, adapt your strategy, and never invest more than you’re willing to lose. With patience and diligence, you can make the most of this exciting frontier in finance.

[head-post]

Bitcoin price hits record high

Bitcoin exchange rate for the first time exceeded the mark of $97 thousand, once again updating the maximum and at the moment approaching $98 thousand. Prices on the largest US crypto exchange Coinbase outpaced the growth of pairs with the stablecoin USDT on the largest exchanges of the crypto market – Binance and Bybit, which probably indicates the dominance of demand for cryptocurrency from North American traders.

As of 9:00 a.m., bitcoin is trading at $97,083. with a capitalisation of about $2 trillion and holds 61.6% in the capitalisation of the entire crypto market. At its peak, the rate was as high as $97,931 on Coinbase and $97,852 on Binance when paired with USDT.

Bitcoin has been growing almost relentlessly since Donald Trump won the US presidential election. North America accounts for more than 22% of global crypto market activity – accounting for more than $1.3 trillion in value. A significant portion of this activity is in the US, where bitcoin-based exchange-traded funds (ETFs) emerged in early 2024, enabling the cryptocurrency to be legally traded as shares. This triggered an influx of capital into the market and has been one of the catalysts behind the rise in the bitcoin price this year.

Donald Trump is surrounding himself with more crypto-industry-loyal candidates for key positions in the administration after winning the election, and his advisers are consulting with crypto businesses about possible changes in public policy. Under Trump, US authorities are expected to take a softer stance on cryptocurrencies.

Trump recently had a phone conversation with Coinbase exchange head Brian Armstrong. According to Fortune’s source, they also discussed candidates for key positions and, in particular, for the position of chairman of the US Securities and Exchange Commission (SEC). This is the main US exchange regulator, which under current chairman Gary Gensler has repeatedly sued and fined millions of dollars to representatives of the US crypto business, among them the biggest players. Over the summer, Trump promised to replace Gensler in case of victory.

A positive news agenda has formed around bitcoin and the crypto market in general. The possibility of creating government reserves in bitcoin is being discussed at the highest levels, the world’s largest asset management company BlackRock is highlighting bitcoin over traditional assets, and major companies continue to purchase billions of dollars worth of bitcoins. At the same time, there has been record trading in exchange traded bitcoin funds for the ETF market.

Bitcoin has already more than doubled in value since the beginning of 2024. Many of the largest cryptocurrencies still have negative returns since the beginning of the year, despite the overall growth in crypto market capitalisation.

Read more HERE

[coinmapai]

How to buy MRS coins

The steps to buy MRS coins are as follows:

Choose a suitable trading platform

Currently, there are many digital currency trading platforms on the market that support MRS coin transactions, such as Binance, Huobi, ODEX, Bithumb Global, CoinEx, etc. When choosing a trading platform, the following factors should be considered:

Security: The trading platform should have good security measures to effectively prevent hacker attacks and capital losses. Transaction fees: Understand and compare the transaction fees of different platforms, and choose a platform with reasonable and transparent fees. Liquidity: The trading platform should have an active MRS coin trading market to ensure the smooth progress of transactions. Reputation and user reviews: Understand the reputation and service quality of the platform by checking user reviews and ratings of professional institutions.

Register and verify the account

Register on the selected trading platform, fill in personal information as required by the platform, and conduct identity verification. Identity verification usually requires the provision of valid identity documents, such as ID cards, passports, etc. After successful verification, you will obtain a unique trading platform account for subsequent MRS coin transactions.

Recharge funds

Choose a recharge method you are familiar with on the trading platform, such as bank transfer, credit card payment or third-party payment platform. Enter the recharge amount and complete the recharge operation according to the guide provided by the platform. After the recharge is successful, your funds will be transferred to the trading platform account for the purchase of MRS coins.

Purchase MRS coins

Find the trading pairs of MRS coins on the trading platform, such as MRS/USDT, MRS/BTC, etc. Place an order to purchase MRS coins based on the current market price or the limit price you set. The trading platform will automatically complete the transaction based on your order and market conditions. After the transaction is successful, you will see the corresponding MRS coin balance in the trading platform account.

Manage your digital currency assets

After purchasing MRS coins, you can choose to store them in the asset management center of the trading platform or transfer them to a personal wallet for management. Please be sure to protect your digital currency private key and password to avoid loss or leakage.

Please note that digital currency transactions are risky and the price fluctuates greatly. Before trading, please be sure to understand the relevant risks and make decisions carefully. At the same time, it is also recommended that you pay attention to the latest developments and market conditions of the digital currency market so as to adjust your trading strategy in a timely manner.

How to buy MRS

[diemtin24hhomnay]

Bitcoin vượt ngưỡng 99.000 USD: Cột mốc lịch sử của thị trường tiền mã hóa

Bitcoin lần đầu chạm mốc 99.000 USD trong lịch sử

Vào ngày 22/11, giá bitcoin đã đạt cột mốc mới khi vượt ngưỡng 99.000 USD lần đầu tiên trong lịch sử, một dấu mốc quan trọng phản ánh sức hút mạnh mẽ của đồng tiền mã hóa lớn nhất thế giới. Theo dữ liệu từ CoinDesk, vào lúc 2h15 (giờ Việt Nam), giá bitcoin đạt đỉnh 99.028 USD/BTC, trước khi điều chỉnh nhẹ xuống 98.614 USD vào khoảng 6h sáng cùng ngày. Mức giá này tương ứng với mức tăng 4,68% so với 24 giờ trước đó và nâng tổng mức tăng trưởng trong năm 2024 của bitcoin lên con số ấn tượng 123%.

Không chỉ bitcoin, các đồng tiền mã hóa khác cũng ghi nhận diễn biến t��ch cực. Ethereum (ETH) tăng mạnh 9,62%, Solana (SOL) tăng 7,84%, trong khi Binance Coin (BNB) nhích thêm 1,6%. Những động lực chính thúc đẩy sự tăng trưởng này bao gồm kỳ vọng về nhiệm kỳ tổng thống thứ hai của ông Donald Trump, điều mà các nhà đầu tư dự đoán sẽ mở ra một giai đoạn mới thuận lợi cho thị trường tiền mã hóa.

Dữ liệu từ CryptoQuant chỉ ra rằng đà tăng của bitcoin trong ngày 21/11 được hỗ trợ bởi sự gia tăng của chi phí tài trợ (funding rate) và số lượng hợp đồng mở (open interest) trên thị trường tương lai. Trong khi đó, chênh lệch giá (premium) trên thị trường giao ngay lại giảm, cho thấy sự ổn định trong giao dịch. Đặc biệt, làn sóng thanh lý các hợp đồng bán khống (short) cũng đóng vai trò không nhỏ. Theo CoinGlass, tổng cộng 252 triệu USD hợp đồng short đã bị thanh lý trong 24 giờ qua.

Triển vọng và kỳ vọng tiếp theo của bitcoin

Theo ông Rob Ginsberg, nhà phân tích tại Wolfe Research, bitcoin đang ở trong một giai đoạn đặc biệt quan trọng. Sau thời gian điều chỉnh dài trước đó, bước nhảy vọt lần này có thể đánh dấu sự tiếp tục của đà tăng hoặc sẽ sớm dẫn đến một đợt điều chỉnh mới. Ông dự đoán rằng cột mốc tâm lý 100.000 USD là một bài kiểm tra quan trọng, có thể đạt được trong những tuần tới hoặc thậm chí sớm hơn.

Ngoài yếu tố tâm lý, thị trường cũng đang phản ánh kỳ vọng về các thay đổi chính sách và môi trường kinh tế trong nhiệm kỳ thứ hai của ông Donald Trump. Sự thay đổi về vai trò quốc tế của đồng USD, cùng khả năng lạm phát gia tăng, được xem là những yếu tố thúc đẩy tích cực cho giá bitcoin. Đặc biệt, giới đầu tư kỳ vọng vào các khung pháp lý mới hỗ trợ tiền mã hóa, tạo điều kiện thuận lợi hơn cho giao dịch và đầu tư trong lĩnh vực này.

Những diễn biến gần đây của bitcoin không chỉ thu hút nhà đầu tư tổ chức mà còn khuyến khích sự tham gia ngày càng lớn của các nhà đầu tư cá nhân. Sức hấp dẫn của thị trường hiện nay đến từ sự kết hợp giữa tiềm năng sinh lời cao và vai trò như một tài sản phòng ngừa rủi ro trong bối cảnh bất ổn kinh tế toàn cầu.

Trong thời gian tới, bitcoin được kỳ vọng sẽ tiếp tục duy trì đà tăng, với một số nhà phân tích cho rằng ngưỡng 100.000 USD không còn là điều bất khả thi. Tuy nhiên, như mọi tài sản đầu tư, biến động mạnh vẫn luôn là đặc điểm cố hữu, đòi hỏi sự thận trọng từ nhà đầu tư khi tham gia thị trường tiền mã hóa.

[coineagle]

Cryptocurrency Surges with $2.19B Inflows Amid Election Week: Unpacking the Shift

Key Points

Cryptocurrency investment inflows reached $2.19 billion last week, with year-to-date net inflows totaling $33.5 billion.

Bitcoin’s dominance was reinforced with inflows of $1.48 billion amid a record price of $93,477.

The recent U.S. election has had a significant impact on the cryptocurrency market, resulting in a boost in investor activity.

Impressive Inflows in Crypto Investment

Last week, global crypto investment products experienced a remarkable inflow of $2.19 billion. This pushed the year-to-date (YTD) net inflows to an extraordinary $33.5 billion. Concurrently, Bitcoin surged to a record-breaking $93,477, driving the total assets under management (AUM) for crypto funds to an estimated $138 billion.

James Butterfill, Head of Research at CoinShares, commented on the surge, attributing it to a mix of relaxed monetary policy and the Republican party’s recent U.S. election victory.

Bitcoin and Ethereum Lead the Charge

Despite significant profit-taking and outflows after Bitcoin’s new all-time high, Bitcoin-focused investment products still attracted $1.48 billion in inflows. Ethereum products also performed well, bringing in $646 million.

On the other hand, products associated with multiple cryptocurrencies experienced $19.4 million in outflows. Binance’s BNB products also saw $400,000 in outflows.

Following the September interest rate cuts, total inflows have reached $11.7 billion. This increase is attributed to the effects of relaxed monetary policies and the Republican Party’s recent U.S. election victory.

Bitcoin ETF Dominance Continues

Bitcoin maintained its market dominance, drawing $1.48 billion in inflows. This was largely due to the strong performance of U.S.-based spot ETFs. BlackRock’s IBIT and Fidelity’s FBTC contributed with $2.1 billion and $4 million in inflows respectively.

Bitcoin’s rally beyond $90,000 also spurred bearish sentiment, leading to $49 million in investments in short Bitcoin products.

Ethereum secured $646 million in inflows, which is attributed to election outcomes and anticipation around the Beam Chain upgrade. Other altcoins like Solana, Ripple, and Cardano also saw steady interest, indicating a continued diversification of investor portfolios.

[startrade1]

Online Trading: Revolutionizing Investment in the Digital Era

Introduction

Online trading has transformed the financial landscape, empowering individuals to invest in global markets from the comfort of their homes. With just an internet connection and a trading account, anyone can participate in the buying and selling of stocks, Forex, cryptocurrencies, and more.

What is Online Trading?

Online trading refers to the electronic buying and selling of financial instruments through digital platforms. Unlike traditional trading, which requires physical brokers, online trading platforms offer direct market access, ensuring speed, transparency, and cost-effectiveness.

Popular Markets for Online Trading

Stocks: Trade shares of publicly listed companies like Apple, Tesla, and Amazon.

Forex (Foreign Exchange): Buy and sell currency pairs, such as EUR/USD or GBP/JPY, to profit from exchange rate fluctuations.

Cryptocurrencies: Invest in digital currencies like Bitcoin, Ethereum, and Litecoin.

Commodities: Trade precious metals like gold and silver or energy resources like oil and gas.

Indices: Bet on the performance of entire markets, such as the S&P 500 or NASDAQ.

Benefits of Online Trading

Convenience: Trade anytime, anywhere, on your computer or smartphone.

Low Costs: Online brokers typically charge lower fees than traditional brokers.

Real-Time Data: Access to live market updates and advanced charting tools helps in making informed decisions.

Diverse Opportunities: From Forex to cryptocurrencies, online trading provides access to multiple markets.

How to Start Online Trading

Choose a Broker: Select a reliable online platform like eToro, TD Ameritrade, or Binance.

Open an Account: Register and verify your identity with the chosen broker.

Fund Your Account: Deposit funds using methods like bank transfers, credit cards, or e-wallets.

Learn and Practice: Use demo accounts to practice before investing real money.

Start Trading: Execute your trades based on research and analysis.

Risks of Online Trading

Market Volatility: Prices can change rapidly, leading to potential losses.

Leverage Risks: While leverage can amplify profits, it can also magnify losses.

Cybersecurity Concerns: Always use platforms with strong encryption to safeguard your funds.

Emotional Trading: Decisions driven by greed or fear can lead to financial setbacks.

Tips for Successful Online Trading

Educate Yourself: Learn about the markets you wish to trade in.

Set Goals: Define your trading objectives and risk tolerance.

Use Stop-Loss Orders: Limit potential losses by setting predetermined exit points.

Diversify: Spread your investments across different assets to reduce risk.

Conclusion

Online trading offers unparalleled opportunities for financial growth in today’s digital age. While it’s accessible and potentially profitable, success requires discipline, education, and a strategic approach. Whether you’re a beginner or an experienced investor, online trading can help you achieve your financial goals with the right mindset and tools.

[freemalaysianews]

Dark Banker And Owner Of FCA-Regulated Payment Institution Extradited Over Money-Laundering Charges

A UK Court ruled that the Italian national Caio Marchesani, director and owner of FCA-regulated Trans-Fast Remittance Ltd, must be extradited to Belgium over allegations of laundering significant sums via cryptocurrency for criminal syndicates. Bloomberg reports suggest that Marchesani facilitated major crypto transactions for a renowned criminal group, a scale seldom witnessed by European legal authorities.

The Caio Marchesani Case

Caio Marchesani, owner of Trans-Fast Remittance through Optima FX Ltd, is believed to have managed large cash transactions for Sergio Roberto De Carvalho, a Brazilian previously identified by Interpol as a top global fugitive until his 2022 capture. De Carvalho, or “Major Carvalho,” was on Interpol’s radar for drug trafficking, money laundering, document fraud, and homicide, with strong links to organized crime.

Prosecutors also accuse Marchesani of overseeing crypto accounts for Flor Bressers, known as the “finger cutter.” Arrested at Heathrow Airport in May, Marchesani is being held without bail. He must be extradited to Belgium to face criminal charges, a London judge ruled early on 19 Sept 2023.

The Belgian Investigations

The case against Marchesani is rooted in a broader probe initiated three years ago when the Dutch government confiscated over 12 tonnes of cocaine, valued at over €260 million, in Rotterdam. This investigation linked significant cocaine consignments to De Carvalho and Bressers. Marchesani’s involvement was later discovered through encrypted messages.

The prosecution alleges Marchesani acted as a “dark banker,” managing funds for criminal entities. A trial involving 30 defendants, including Bressers, began in Belgium but was swiftly postponed.

The exact amount laundered remains unspecified but is believed to be in the “hundreds of millions of euros.” Marchesani is accused of converting large cash amounts into Bitcoin for De Carvalho and Bressers.

Binance Involvement

Marchesani allegedly used Binance for his money laundering activities. The investigator identified at least 14 Binance accounts to launder money from his clients’ illicit activities.

The pandemic reportedly spurred the use of cryptocurrency for fund transfers, with Marchesani allegedly leveraging crypto to bypass these hurdles, utilizing multiple Binance accounts and imposing high transfer rates. In June, Belgium’s FSMA directed Binance to cease all operations in the nation due to legal breaches. Binance reportedly offered “operational assistance” for the investigation.

[monicascot]

First Trade | Gold Trade Focus: Major Trend Line Broken! Is the Inflation Trade Still On?

“First Trade” by ETO Markets is live🔥 If you’re not trading now, you definitely should start. 📢 If you have any questions on how to trade DM me the word TRADE to start a conversation.

[cryptoolivia]

What is Bitcoin? A Beginner's Guide to Bitcoin

When it comes to cryptocurrency, Bitcoin (BTC) is what most people think of first. However, many beginners don’t fully understand how Bitcoin works or how to invest in it. So, what exactly is Bitcoin? What is its history? And how should you invest in Bitcoin? This article will address these questions to help you better understand how to participate in Bitcoin investing. What is Bitcoin? Bitcoin (BTC) is a form of virtual currency, also known as cryptocurrency. It was introduced in 2008 by a mysterious person or group under the name "Satoshi Nakamoto." While we still don’t know Satoshi Nakamoto's true identity, Bitcoin has become a popular global investment asset. Bitcoin relies on blockchain technology, a distributed ledger that is immutable and ensures transparency and security in transactions. Why is Bitcoin so important? The primary reason Bitcoin has gained attention so quickly is its decentralized nature. Unlike traditional currencies, Bitcoin isn’t controlled by any government or financial institution. This means that in any country, the government cannot directly interfere with Bitcoin transactions. Additionally, Bitcoin’s anonymity makes it a valuable tool for those seeking to protect their privacy. Key Advantages of Bitcoin • Decentralization: Bitcoin isn’t controlled by any central authority or government, offering users greater financial freedom. • Anonymity: Although Bitcoin transaction records are public on the blockchain, transaction addresses aren’t directly linked to the owner's identity, protecting privacy. • Global Reach: Bitcoin can be circulated globally without the need for exchange rates or transaction restrictions. • Security: Bitcoin uses advanced encryption techniques to ensure the security of transactions and prevent asset theft. Risks of Investing in Bitcoin While Bitcoin has many advantages, there are also some risks that cannot be ignored. Due to its price volatility, investors may experience significant gains or losses in a short period. Additionally, since Bitcoin is decentralized and not government-regulated, if it’s hacked or you lose your private key, the funds cannot be recovered. Common questions: • Why is Bitcoin worth investing in despite its price fluctuations? • If I lose my Bitcoin wallet, can I recover it? • What are the risks associated with Bitcoin's anonymity? Bitcoin’s Use Cases Beyond being an investment tool, Bitcoin has many real-world applications. On platforms like Paxful and Noones, users can exchange Bitcoin for various gift cards (such as Amazon, iTunes, Steam, etc.) and points, making it a flexible asset tool. Bitcoin can also be used for cross-border payments, particularly in restricted countries or regions where it bypasses traditional financial systems, enabling quick and convenient transactions. Other use cases include: • Online shopping: An increasing number of merchants accept Bitcoin as a payment method, allowing users to make purchases using cryptocurrency. • Travel and accommodation: Some websites like Travala allow users to book flights, hotels, and travel packages using Bitcoin. • Charity donations: Some charitable organizations have started accepting Bitcoin donations, leveraging its decentralization and low transaction fees. • Peer-to-peer payments: Bitcoin facilitates fast peer-to-peer fund transfers, making it especially useful for international remittances.

Three Basic Ways to Invest in Bitcoin

Buy and store on an exchange This is the simplest investment method. You can buy Bitcoin through exchanges like Binance, OKX, or Bitget and store it in your exchange account. While this method is easy to operate, the security of the exchange is a risk factor. If an exchange is hacked or goes bankrupt, your assets could be lost.

Use a cold wallet to store Bitcoin Cold wallets are a more secure storage method. Users can transfer Bitcoin to an offline wallet they control, avoiding the risks of exchange hacks or collapses. However, if the private key is lost, the assets cannot be recovered, so users must take full responsibility for their wallets.

Contract trading Contract trading allows users to speculate on Bitcoin price movements without owning the actual asset. By leveraging positions, contract trading can amplify profits and losses. This approach carries high risk and is more suited to experienced investors. Advanced Strategies: Bitcoin Derivatives and Mining As the Bitcoin market matures, financial products like options, dual-currency savings, and liquidity mining are becoming increasingly popular. Additionally, traditional mining—contributing computing power to secure the network in exchange for Bitcoin rewards—remains an important source of income for some investors. Though mining has a high entry threshold, it is still a valuable way for participants to earn Bitcoin. Conclusion There are many ways to invest in Bitcoin. For beginners, the simplest approach is to buy and hold Bitcoin on an exchange. As you gain more market knowledge, you can explore cold wallet storage or contract trading. More advanced strategies, like Bitcoin derivatives and mining, require higher technical expertise and capital. Common questions: • What can Bitcoin be used to buy? • What are the advantages of using Bitcoin for payments? • Which Bitcoin trading platform is the most secure?

[cryptogirl2024]

XRP’s price has surged, trading above $0.8137 with a 15.63% gain in 24 hours and a 47.88% weekly rise. This rally follows a breakout past $0.740 after a consolidation above $0.620, outperforming Bitcoin and Ethereum amid heightened market activity.

Bybit Leads XRP Open Interest XRP’s open interest (OI) stands at 1.68 billion XRP ($1.37 billion). Bybit dominates with 35.58% of OI ($485.85 million), despite a 0.37% drop in 24-hour volume. Its funding rate is high at 0.1794, signaling a premium on long positions.

Binance and Bitget Follow Binance holds 31.55% of OI ($430.87 million), with trading volumes rising 2.25% in 24 hours and 26.21% over the week. Bitget accounts for 18.53% of OI ($252.99 million), with the highest funding rate among the top three.

Liquidation Risks Long liquidations near $0.728 total $97.18 million, while short liquidations intensify above $0.813, highlighting bullish momentum but potential volatility.

[blockinsider]

Bitcoin Miners Deposit $4B Amid BTC Price Teasing $90,000 Mark

Key Points

Bitcoin miners have moved 45,000 BTC to exchanges as Bitcoin’s price reaches a new high above $90,000.

Large transfers to exchanges may indicate potential selling activity or operational moves by the miners.

Bitcoin miners have transferred a significant amount of 45,000 BTC to exchanges over the course of three days starting from November 12. This movement coincided with Bitcoin’s price reaching an all-time high of over $90,000.

According to data from CryptoQuant, the miners moved a total of 24,138 BTC on November 12. This marked the first significant movement from this group and the second-largest daily outflow from miners this year.

Continued Movement and Market Reaction

As Bitcoin’s price soared past $93,000 the following day, an additional 15,840 BTC was moved to exchanges by the miners. This trend persisted on November 14, with another 5,500 BTC being transferred. Hence, over these three days, Bitcoin miners moved a cumulative total of 45,000 BTC to exchanges.

Large transfers to exchanges are often perceived as a sign that miners may be planning to sell, potentially capitalizing on the recent price surge. Interestingly, this surge in transfers was accompanied by a slight correction in Bitcoin’s price, which temporarily fell below $90,000 and is now trading around $87,000.

However, such outflows don’t always signify selling activity. Miners sometimes move Bitcoin to external addresses for operational reasons, and in some cases, these transactions may simply involve internal wallet reorganizations.

Other Contributing Factors

Aside from the Bitcoin miner sell-off, other factors are also contributing to a BTC price sell-off. For instance, the current US inflation data shows a spike that could potentially halt future Federal Reserve rate cuts. This could also delay the future BTC rally.

In addition to Bitcoin miners, whale deposits to crypto exchanges have also increased.  A whale recently deposited 1,920 BTC, valued at approximately $169 million, to Binance according to Lookonchain data. Over the past three days, the same whale has deposited a total of 4,060 BTC, worth around $361 million, to the exchange.

Ali Martinez noted in a recent post that $5.42 billion in Bitcoin profits were realized as the price surged. This increase also brought the sell-side risk ratio to 0.524%, signaling caution for investors. Additionally, the Bitcoin RSI also shows that the asset is currently in the overbought conditions.

Furthermore, the spot Bitcoin ETFs registered an astonishing $400 million outflows on Thursday, November 14. This occurred after days of strong inflows into the investment products following the Donald Trump victory on November 5. While BlackRock’s Bitcoin ETF (IBIT) has seen an influx of $126.5 million, other funds like Fidelity’s FBTC and Ark Invest’s ARKB have experienced $100 million outflows each.