God said: ﴿And Allah has permitted trade and forbidden usury﴾ If the holding in #Earn guarantees a fixed return just for depositing money without real trading or sharing in profit and loss, many scholars consider it a form of usury, even if it's called 'Earn' or 'returns'. Some platforms sometimes use: Crypto lending, Or investment and liquidity, Or various products with differing Sharia-compliant details. But generally: A fixed guaranteed return on deposit is closest to usury according to the majority of scholars. And spot trading is fundamentally lighter than contracts and interest if the person avoids usury, leverage, and interest. If your goal is halal and comfort, steer clear of any option that has: 'A guaranteed interest', Or 'fixed APR' just for holding your money. God said: ﴿And Allah has permitted trade and forbidden usury﴾ Quran #EarnFreeCrypto2024
Bitcoin is about to go through its first supercycle: from $16,000 to $250,000+.
The cycle began Nov 2022 at the $16,000 bear market low.
The first peak was $126,000 and the mid-cycle low was $60,000.
The next cycle peak will land in the second half of 2027 to the first half of 2028, and I would be surprised to see anything less than $250,000 at the supercycle top.
Bitcoin is about to break through its first super cycle: from $16,000 to $250,000 or more.
The cycle began in November 2022 at the bear market low of $16,000.
The first peak was $126,000, and the mid-cycle low hit $60,000.
The next cycle peak is set for the second half of 2027 to the first half of 2028, and I'd be shocked to see anything less than $250,000 at the top of the super cycle.
Joint guidance issued by the SEC and CFTC provides a classification for crypto assets and clarifies that many digital assets are not securities, including $BTC, $ETH, $XRP, $SOL, $ADA, and $XLM.
An important step towards regulatory clarity in the United States. 🇺🇸 ✅
#Claim your share of 210,000 2Z and 170,000 XPL exclusive free distribution for the MENA region https://www.binance.com/activity/trading-competition/menaexcairdrop?ref=20879151
⚡️ The liquidity of #Bitcoin is still dominated by Binance.
Despite the maturity of the market infrastructure, Binance still leads the order book with about 30 million dollars (at a range of 1% of the average price), while Coinbase has between 16 to 20 million dollars approximately.
#Claim your share of 210,000 2Z and 170,000 XPL exclusive free distribution for the Middle East and North Africa (MENA) https://www.binance.com/activity/trading-competition/menaexcairdrop?ref=20879151
#Claim your share of 210,000 2Z and 170,000 XPL exclusive free distribution for the Middle East and North Africa (MENA) https://www.binance.com/activity/trading-competition/menaexcairdrop?ref=20879151
#Claim your share of 210,000 2Z and 170,000 XPL exclusive free distribution for the Middle East and North Africa (MENA) https://www.binance.com/activity/trading-competition/menaexcairdrop?ref=20879151
📉The MACD indicator has made a bullish crossover on the weekly chart for #Bitcoin!
The MACD indicator measures momentum and price direction by comparing two moving averages of Bitcoin's price.
How is it read? - Bullish crossover → Bullish signal 📈 - Bearish crossover → Bearish signal 📉 - Larger bars → Stronger momentum. - It tells you when a trend begins, not when it ends.
Indicator accuracy: - Good for identifying the beginning of major trends. - Stronger on the weekly timeframe. - However, it is not always accurate as it is a lagging indicator (it comes after the movement has started).
Its limitations: - Gives false signals in a volatile market. - The crossover may occur after a significant rise has already happened. - It does not determine the strength or duration of the rise... it is considered a relatively strong positive signal, but should never be relied upon alone.