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Trader Queen92
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Article
💰 SHARE 400 BNB! Massive Trading Festival is LIVE 🚀💰 SHARE 400 BNB! Massive Trading Festival is LIVE 🚀 📅 Event: Spot Altcoin Trading Festival ⏰ Ends: June 10, 2026Binance has just launched a massive trading tournament! If you trade actively, you are eligible to share a huge 400 BNB prize pool! 🏆 Reward Structure: RankPrize (BNB) 1st 20 BNB 2nd 16 BNB 3rd 12 BNB...... All EligibleShare 80 BNB How to Join:Register on the activity page.Trade eligible Spot Altcoin pairs. Climb the leaderboard by volume!Don't miss out on free BNB just for trading what you usually trade! 👇Hit follow for more earning alerts! 💸 #BinanceTournament #bnb #cryptoearning #TradingFestival #TrendingTopic $BNB {spot}(BNBUSDT)

💰 SHARE 400 BNB! Massive Trading Festival is LIVE 🚀

💰 SHARE 400 BNB! Massive Trading Festival is LIVE 🚀
📅 Event: Spot Altcoin Trading Festival
⏰ Ends: June 10, 2026Binance has just launched a massive trading tournament!
If you trade actively, you are eligible to share a huge 400 BNB prize pool!
🏆 Reward Structure:
RankPrize (BNB)
1st 20 BNB
2nd 16 BNB
3rd 12 BNB......
All EligibleShare 80 BNB
How to Join:Register on the activity page.Trade eligible Spot Altcoin pairs.
Climb the leaderboard by volume!Don't miss out on free BNB just for trading what you usually trade!
👇Hit follow for more earning alerts! 💸
#BinanceTournament #bnb #cryptoearning #TradingFestival #TrendingTopic $BNB
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Bullish
💰 $310,000 USDC Prize Pool: 2 Ways to Earn on Binance RIGHT NOW! 💸 Binance just dropped two massive opportunities for June. You can participate today. 1️⃣ June Referral Tournament (Share 110,000 USDC) Status: LIVE 🟢Task: Invite friends to unlock tier-based rewards. Pool: 110k USDC up for grabs. 2️⃣ STRAX Trading Tournament (Share 200,000 USDC) Status: LIVE 🟢Activity: Trade STRAX pairs to climb the leaderboard. Reward: Share of 200,000 USDC in token vouchers. 🚀 Pro Tip: Combine these! Invite a friend and trade the tournament pairs to maximize your efficiency. Hit that Follow button so you never miss a reward pool! 🤝 #BinanceTournament #EarnCrypto #USDC #STRAX #StrategyBitcoinSaleBreaksNeverSellStance $STAR {future}(STARUSDT)
💰 $310,000 USDC Prize Pool: 2 Ways to Earn on Binance RIGHT NOW! 💸

Binance just dropped two massive opportunities for June. You can participate today.

1️⃣ June Referral Tournament (Share 110,000 USDC)
Status: LIVE
🟢Task: Invite friends to unlock tier-based rewards.
Pool: 110k USDC up for grabs.

2️⃣ STRAX Trading Tournament (Share 200,000 USDC)
Status: LIVE
🟢Activity: Trade STRAX pairs to climb the leaderboard.
Reward: Share of 200,000 USDC in token vouchers.

🚀 Pro Tip: Combine these! Invite a friend and trade the tournament pairs to maximize your efficiency.

Hit that Follow button so you never miss a reward pool! 🤝

#BinanceTournament #EarnCrypto #USDC #STRAX #StrategyBitcoinSaleBreaksNeverSellStance $STAR
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Bullish
🏆 $ALLO – TRADING TOURNAMENT SPECIAL SETUP 🏆 👉 Entry Range: 0.2450 – 0.2580 🎯 TP Targets: 0.2750 – 0.2980 – 0.3200 🛑 Stop Loss: 0.2300 ALLO is holding its support strong on the 4H frame after a massive rally! With the ongoing Binance Trading Tournament, volume is backing this structure up for another bullish wave! 🚀🔥 👇 Click the tagged $ALLO coin below to check live price and back your tournament trades! 👇 {future}(ALLOUSDT) #ALLO #BinanceTournament #CryptoSignals #Trading #TradeWithAli
🏆 $ALLO – TRADING TOURNAMENT SPECIAL SETUP 🏆

👉 Entry Range: 0.2450 – 0.2580
🎯 TP Targets: 0.2750 – 0.2980 – 0.3200
🛑 Stop Loss: 0.2300

ALLO is holding its support strong on the 4H frame after a massive rally! With the ongoing Binance Trading Tournament, volume is backing this structure up for another bullish wave! 🚀🔥

👇 Click the tagged $ALLO coin below to check live price and back your tournament trades! 👇

#ALLO #BinanceTournament #CryptoSignals #Trading #TradeWithAli
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Bullish
💰 Share 300 BNB! The MEME Trading Tournament is LIVE ⚔️ Are you good at trading Memecoins? 🐕 Prove it and win big! Binance just launched a massive MEME Trading Tournament. Campaign Highlights: Prize Pool: 300 BNB Token Vouchers! 🏆Dates: May 29, 2026 – June 5, 2026. How to Win: Trade eligible meme tokens on Spot to climb the leaderboard. Rank 1: Wins 15 BNB instantly! 🥇 Don't just trade for pennies—trade for the grand prize. The volatility is high, and the rewards are higher! 🚀👇 Follow me for daily tournament updates & strategy! #MemeCoin #TradingCompetition #BinanceTournament #AirdropAlert #BNB $BNB {spot}(BNBUSDT)
💰 Share 300 BNB! The MEME Trading Tournament is LIVE ⚔️

Are you good at trading Memecoins? 🐕 Prove it and win big! Binance just launched a massive MEME Trading Tournament.

Campaign Highlights:
Prize Pool: 300 BNB Token Vouchers!
🏆Dates: May 29, 2026 – June 5, 2026.

How to Win:
Trade eligible meme tokens on Spot to climb the leaderboard.
Rank 1: Wins 15 BNB instantly! 🥇

Don't just trade for pennies—trade for the grand prize. The volatility is high, and the rewards are higher! 🚀👇
Follow me for daily tournament updates & strategy!

#MemeCoin #TradingCompetition #BinanceTournament #AirdropAlert #BNB $BNB
📊 SUI vs APT STRUCTURAL VOLATILITY BREAKOUT: Move-ecosystem volume divergence analysis inside high-beta derivatives. 🥊📉 Intra-day liquidity distribution indicates an immediate open interest contraction. Cast your official vote in the poll widget to pick your asset before analyzing our institutional plan breakdowns! 1️⃣ 🔵 SUIUSDT Framework: The token maintains immediate consolidation boundaries directly above the primary institutional floor. 📌 PLAN A: A clean candle close above $1.08 triggers a rapid short-covering expansion toward target points at $1.14 and $1.22. 📌 PLAN B: If the aggregate delta breaks below the $0.98 key pivot, momentum deflates with a slide toward $0.92. 2️⃣ 🟢 APTUSDT Framework: The asset attempts to overcome the descending volume profile inside its localized matrix. 📌 PLAN A: Securing structural stability above the $0.99 resistance anchor opens a clear volume corridor toward $1.05 and $1.12. 📌 PLAN B: Failure to defend the $0.91 liquidation anchor dictates a rapid margin sweep down to $0.85. Invalidation of both tactical setups occurs upon an aggressive aggregate open interest flush exceeding twelve percent within a single H1 candle print. Select your preferred asset in the official community poll to track the momentum, and examine the live order book profiles via the interactive futures widgets integrated below! 🌐⚡️ #BinanceTournament #CryptoAnalysis #Write2Earn #Layer1 $SUI $APT {future}(APTUSDT) {future}(SUIUSDT)
📊 SUI vs APT STRUCTURAL VOLATILITY BREAKOUT: Move-ecosystem volume divergence analysis inside high-beta derivatives. 🥊📉
Intra-day liquidity distribution indicates an immediate open interest contraction. Cast your official vote in the poll widget to pick your asset before analyzing our institutional plan breakdowns!
1️⃣ 🔵 SUIUSDT Framework: The token maintains immediate consolidation boundaries directly above the primary institutional floor.
📌 PLAN A: A clean candle close above $1.08 triggers a rapid short-covering expansion toward target points at $1.14 and $1.22.
📌 PLAN B: If the aggregate delta breaks below the $0.98 key pivot, momentum deflates with a slide toward $0.92.
2️⃣ 🟢 APTUSDT Framework: The asset attempts to overcome the descending volume profile inside its localized matrix.
📌 PLAN A: Securing structural stability above the $0.99 resistance anchor opens a clear volume corridor toward $1.05 and $1.12.
📌 PLAN B: Failure to defend the $0.91 liquidation anchor dictates a rapid margin sweep down to $0.85.
Invalidation of both tactical setups occurs upon an aggressive aggregate open interest flush exceeding twelve percent within a single H1 candle print.
Select your preferred asset in the official community poll to track the momentum, and examine the live order book profiles via the interactive futures widgets integrated below! 🌐⚡️
#BinanceTournament #CryptoAnalysis #Write2Earn #Layer1 $SUI $APT
🔵 SUI Matrix
50%
🟢 APT Matrix
50%
90 votes • Voting closed
📊 SOL vs RENDER TECHNICAL CORRIDOR: CORE TRADING SCENARIOS BASED ON VOLATILITY EXPANSION! 📉📌 1️⃣ SOLUSDT (1H Timeframe): Current price action trades closely within the primary institutional accumulation block. 📌 PLAN A (Bullish): If the structural order flow secures a firm hourly close above $85.80, the immediate short-squeeze corridor opens toward target areas at $87.20 and $89.00. 📌 PLAN B (Bearish): If the programmatic volume breaks firmly below the $83.50 liquidation anchor, a localized margin-call cascade dictates an immediate trend deceleration toward the $81.00 key floor. Risk management requires a rigid execution strategy. 2️⃣ RENDERUSDT (1H Timeframe): Exhibiting tight programmatic volume compression inside the derivative matrix. 📌 PLAN A (Bullish): A clean candle acceleration above the $2.05 resistance anchor signals an organic breakout corridor toward the $2.15 and $2.30 target zones. 📌 PLAN B (Bearish): If the asset slips below the $1.85 key support block, automated liquidation algorithms will expand the downside boundaries straight into the $1.70 critical consolidation floor. Analyze the live depth flow via the Binance Futures Widgets attached below before adjusting your maximum risk limits! 🌐⚡️ #BinanceTournament #CryptoAnalysis #Write2Earn #Layer1 $SOL $RENDER {future}(RENDERUSDT) {future}(SOLUSDT)
📊 SOL vs RENDER TECHNICAL CORRIDOR: CORE TRADING SCENARIOS BASED ON VOLATILITY EXPANSION! 📉📌
1️⃣ SOLUSDT (1H Timeframe): Current price action trades closely within the primary institutional accumulation block.
📌 PLAN A (Bullish): If the structural order flow secures a firm hourly close above $85.80, the immediate short-squeeze corridor opens toward target areas at $87.20 and $89.00.
📌 PLAN B (Bearish): If the programmatic volume breaks firmly below the $83.50 liquidation anchor, a localized margin-call cascade dictates an immediate trend deceleration toward the $81.00 key floor. Risk management requires a rigid execution strategy.
2️⃣ RENDERUSDT (1H Timeframe): Exhibiting tight programmatic volume compression inside the derivative matrix.
📌 PLAN A (Bullish): A clean candle acceleration above the $2.05 resistance anchor signals an organic breakout corridor toward the $2.15 and $2.30 target zones.
📌 PLAN B (Bearish): If the asset slips below the $1.85 key support block, automated liquidation algorithms will expand the downside boundaries straight into the $1.70 critical consolidation floor.
Analyze the live depth flow via the Binance Futures Widgets attached below before adjusting your maximum risk limits! 🌐⚡️
#BinanceTournament #CryptoAnalysis #Write2Earn #Layer1 $SOL $RENDER
🚨 MECHANICAL VOLATILITY ALERT: MACRO LIQUIDATION SWEEP DETECTED BEFORE WEEKLY CANDLE CLOSE! 📊📉 The Sunday derivatives order flow is entering extreme programmatic compression. Automated market makers are systematically expanding the localized liquidity bounds to trigger cascading margin-call flushes across high-leverage retail positions before the weekly settlement block. 📊 MINIMIZE YOUR MAXIMUM EXPOSURE SECONDS AHEAD: 📌 MONITOR the live order book imbalances inside the futures widgets below! 📌 LIKE this urgent structural report to back your asset's volume metrics! 📌 FOLLOW @cryptonewsday99 to secure your elite premium analytics feed status! 1️⃣ BTC: Demonstrating massive institutional liquidity sweeps directly at the primary localized support levels, preparing for an aggressive programmatic squeeze. 2️⃣ ETH: Exhibiting tight volume compression within the core matrix. High-leverage short positions are crossing into critical risk corridors as heavy buy blocks defend key psychological floors. Cross-verify the live depth maps via the derivatives contracts below before adjusting your current leverage! 🌐🛰️ #BinanceTournament #CryptoAnalysis #Write2Earn #MarketUpdates $ETH $BTC {future}(BTCUSDT) {future}(ETHUSDT)
🚨 MECHANICAL VOLATILITY ALERT: MACRO LIQUIDATION SWEEP DETECTED BEFORE WEEKLY CANDLE CLOSE! 📊📉
The Sunday derivatives order flow is entering extreme programmatic compression. Automated market makers are systematically expanding the localized liquidity bounds to trigger cascading margin-call flushes across high-leverage retail positions before the weekly settlement block.
📊 MINIMIZE YOUR MAXIMUM EXPOSURE SECONDS AHEAD:
📌 MONITOR the live order book imbalances inside the futures widgets below!
📌 LIKE this urgent structural report to back your asset's volume metrics!
📌 FOLLOW @Darkness_Crypto to secure your elite premium analytics feed status!
1️⃣ BTC: Demonstrating massive institutional liquidity sweeps directly at the primary localized support levels, preparing for an aggressive programmatic squeeze.
2️⃣ ETH: Exhibiting tight volume compression within the core matrix. High-leverage short positions are crossing into critical risk corridors as heavy buy blocks defend key psychological floors.
Cross-verify the live depth maps via the derivatives contracts below before adjusting your current leverage! 🌐🛰️
#BinanceTournament #CryptoAnalysis #Write2Earn #MarketUpdates $ETH $BTC
🔥 THE ULTIMATE SUNDAY MEME WAR: PEPE vs FLOKI vs WIF! WHO IS THE REAL KING AND WHO IS GOING TO ZERO? 🚨⚠️ The derivatives order books are heating up, and it is time to stop the retail delusion. While over-leveraged communities argue about hype, institutional automated market makers are systematically preparing a massive cascading liquidation sweep. One of these high-leverage assets is built on empty promises and is entering a critical risk corridor — who survives the weekly candle close? 👇 PROVE THE CRYPTO ARMY POWER RIGHT NOW: 👉 VOTE in the official poll below to lock your target! 👉 LIKE this report to back your token's market volume! 👉 FOLLOW @cryptonewsday99 to join the whale analytics elite! 👉 COMMENT below with your target prices to crash the enemy camp! 1️⃣ PEPE: The structural matrix shows heavy retail front-running. Is the PEPE dominance over, or will the custody whales trigger an aggressive short squeeze corridor to trap the doubters? 2️⃣ FLOKI: Institutional buy blocks are firmly holding the localized support block. Are the Floki Vikings strong enough to absorb the selling pressure, or is this the final distribution phase? 3️⃣ WIF: Pure programmatic hyper-volatility. Algorithmic desks are manipulating depth metrics to force liquidation chaos. Is the hat staying on, or are you ready for a severe margin call flush out? Cast your ultimate vote in the poll below, trigger your strategy via the live futures links, and drop your aggressive targets in the comment stream! Let the war begin. 🌐🛰️ #BinanceTournament #CryptoAnalysis #Write2Earn #MemeCoins $1000PEPE $1000FLOKI $WIF {future}(WIFUSDT) {future}(1000FLOKIUSDT) {future}(1000PEPEUSDT)
🔥 THE ULTIMATE SUNDAY MEME WAR: PEPE vs FLOKI vs WIF! WHO IS THE REAL KING AND WHO IS GOING TO ZERO? 🚨⚠️
The derivatives order books are heating up, and it is time to stop the retail delusion. While over-leveraged communities argue about hype, institutional automated market makers are systematically preparing a massive cascading liquidation sweep. One of these high-leverage assets is built on empty promises and is entering a critical risk corridor — who survives the weekly candle close?
👇 PROVE THE CRYPTO ARMY POWER RIGHT NOW:
👉 VOTE in the official poll below to lock your target!
👉 LIKE this report to back your token's market volume!
👉 FOLLOW @Darkness_Crypto to join the whale analytics elite!
👉 COMMENT below with your target prices to crash the enemy camp!
1️⃣ PEPE: The structural matrix shows heavy retail front-running. Is the PEPE dominance over, or will the custody whales trigger an aggressive short squeeze corridor to trap the doubters?
2️⃣ FLOKI: Institutional buy blocks are firmly holding the localized support block. Are the Floki Vikings strong enough to absorb the selling pressure, or is this the final distribution phase?
3️⃣ WIF: Pure programmatic hyper-volatility. Algorithmic desks are manipulating depth metrics to force liquidation chaos. Is the hat staying on, or are you ready for a severe margin call flush out?
Cast your ultimate vote in the poll below, trigger your strategy via the live futures links, and drop your aggressive targets in the comment stream! Let the war begin. 🌐🛰️
#BinanceTournament #CryptoAnalysis #Write2Earn #MemeCoins $1000PEPE $1000FLOKI $WIF
1️⃣ PEPE
62%
2️⃣ FLOKI
16%
3️⃣ WIF
22%
81 votes • Voting closed
Article
WEEKEND LIQUIDATION REPORT: INSTITUTIONAL CRYPTO MATRIX ALIGNED!As the global Sunday derivatives session drives directly into the high-velocity macro volume blocks, high-timeframe order books across the primary cryptocurrency sector are exhibiting extreme programmatic margin compression. Institutional automated market makers are systematically sweeping localized liquidity structures to trigger cascading liquidations for over-leveraged retail positions before the weekly candle close. 📊 THE DERIVATIVES VOLATILITY ANALYSIS: 1️⃣ BTC: The absolute market leader is demonstrating severe volume tightening directly inside a restrictive accumulation zone. On-chain depth metrics confirm private custody wallets are systematically front-running retail market panic, locking heavy buy blocks beneath key psychological support lines to prepare for a high-velocity short squeeze corridor. 2️⃣ ETH: Derivatives order flow logs indicate a massive cluster of short liquidations building rapidly near localized macro resistance. Programmatic liquidity sweeps are targeting high-leverage positions to accelerate volatility expansion before the overnight Asian session open. 3️⃣ SOL: The asset continues to display aggressive institutional accumulation. Localized support corridors are firmly held by automated market desks, neutralizing immediate selling pressure and forcing retail participants into extreme margin-call zones. High-leverage market accounts (20x-100x) are entering critical risk territory. The systemic volatility matrix is fully set in the derivatives books below — cross-verify the depth data before opening your next position. #BinanceTournament #CryptoAnalysis #Write2Earn #Layer1 $BTC $ETH $SOL {future}(SOLUSDT) {future}(ETHUSDT) {future}(BTCUSDT)

WEEKEND LIQUIDATION REPORT: INSTITUTIONAL CRYPTO MATRIX ALIGNED!

As the global Sunday derivatives session drives directly into the high-velocity macro volume blocks, high-timeframe order books across the primary cryptocurrency sector are exhibiting extreme programmatic margin compression. Institutional automated market makers are systematically sweeping localized liquidity structures to trigger cascading liquidations for over-leveraged retail positions before the weekly candle close.
📊 THE DERIVATIVES VOLATILITY ANALYSIS:
1️⃣ BTC: The absolute market leader is demonstrating severe volume tightening directly inside a restrictive accumulation zone. On-chain depth metrics confirm private custody wallets are systematically front-running retail market panic, locking heavy buy blocks beneath key psychological support lines to prepare for a high-velocity short squeeze corridor.
2️⃣ ETH: Derivatives order flow logs indicate a massive cluster of short liquidations building rapidly near localized macro resistance. Programmatic liquidity sweeps are targeting high-leverage positions to accelerate volatility expansion before the overnight Asian session open.
3️⃣ SOL: The asset continues to display aggressive institutional accumulation. Localized support corridors are firmly held by automated market desks, neutralizing immediate selling pressure and forcing retail participants into extreme margin-call zones.
High-leverage market accounts (20x-100x) are entering critical risk territory. The systemic volatility matrix is fully set in the derivatives books below — cross-verify the depth data before opening your next position.
#BinanceTournament #CryptoAnalysis #Write2Earn #Layer1 $BTC $ETH $SOL
🚨 LIQUIDATION CORRIDOR ALERT: SYSTEMIC LAYER-1 WHALE SQUEEZE ALIGNED! ⚠️ ⚡️ As the evening derivatives session drives directly into the high-velocity weekend liquidity block, high-timeframe order books inside the primary Layer-1 sector are exhibiting severe margin compression. Programmatic market makers are aggressively manipulating localized support structures to trigger cascading liquidations for over-leveraged retail positions before the overnight session expansion. 📊 THE DERIVATIVES VOLATILITY MATRIX: The institutional order flow data indicates a massive cluster of short liquidations building rapidly near localized macro resistance lines. On-chain depth metrics confirm private custody wallets are systematically absorbing immediate selling pressure, preparing for a high-velocity short squeeze corridor across SOL and AVAX derivatives contracts. Heavy buy blocks are firmly locked directly beneath key psychological floors to front-run retail panic. High-leverage market accounts (20x-50x) are entering extreme margin-call zones. The volatility matrix is fully set in the derivatives books below. #BinanceTournament #CryptoAnalysis #whalealerts #Layer1 #Write2Earn $SOL $AVAX {future}(AVAXUSDT) {future}(SOLUSDT)
🚨 LIQUIDATION CORRIDOR ALERT: SYSTEMIC LAYER-1 WHALE SQUEEZE ALIGNED! ⚠️ ⚡️
As the evening derivatives session drives directly into the high-velocity weekend liquidity block, high-timeframe order books inside the primary Layer-1 sector are exhibiting severe margin compression. Programmatic market makers are aggressively manipulating localized support structures to trigger cascading liquidations for over-leveraged retail positions before the overnight session expansion.
📊 THE DERIVATIVES VOLATILITY MATRIX:
The institutional order flow data indicates a massive cluster of short liquidations building rapidly near localized macro resistance lines. On-chain depth metrics confirm private custody wallets are systematically absorbing immediate selling pressure, preparing for a high-velocity short squeeze corridor across SOL and AVAX derivatives contracts. Heavy buy blocks are firmly locked directly beneath key psychological floors to front-run retail panic.
High-leverage market accounts (20x-50x) are entering extreme margin-call zones. The volatility matrix is fully set in the derivatives books below.
#BinanceTournament #CryptoAnalysis #whalealerts #Layer1 #Write2Earn $SOL $AVAX
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🔥 The tournament on Binance is like the Olympics, but instead of running, we’re "flipping" charts. When the exchange announces an event (like now with GALA or other tokens), the order book turns into a battlefield. $GALA {spot}(GALAUSDT) ⚔️ But be careful! The main rule of the tournament: don’t wreck your deposit in the race for first place. $NOT {spot}(NOTUSDT) Even if you don’t become the champion by volume, your main reward should be a preserved and multiplied capital. $CHIP {spot}(CHIPUSDT) 🍌 P.S. Remember: a stop-loss isn’t a sign of weakness, it’s a sign of intelligence. #GALA #BinanceTournament #TradingHumor #RiskManagement #CryptoProfit
🔥 The tournament on Binance is like the Olympics, but instead of running, we’re "flipping" charts.

When the exchange announces an event (like now with GALA or other tokens), the order book turns into a battlefield.

$GALA

⚔️ But be careful!

The main rule of the tournament: don’t wreck your deposit in the race for first place.

$NOT
Even if you don’t become the champion by volume, your main reward should be a preserved and multiplied capital.

$CHIP
🍌 P.S. Remember: a stop-loss isn’t a sign of weakness, it’s a sign of intelligence.

#GALA #BinanceTournament #TradingHumor #RiskManagement #CryptoProfit
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Bullish
🚀 NEW BINANCE EVENT: Share 150,000 USDC! 🚀Binance just launched a massive GALA Trading Tournament! If you're trading anyway, why not get paid for it? Prize Pool: Up to 150,000 USDC in token vouchers. 💸How to Win: Trade selected GALA pairs to climb the leaderboard. Update: Binance also just updated the Copy Trading ROI calculation (May 8)—easier to spot the real pro traders now!🔥 Move Fast: Events like this are the easiest way to boost your portfolio with zero extra risk.👇 Follow me for Binance event updates! #GALA #BinanceTournament #CryptoTrading #Altcoins #BinanceNews $GALA $USDC {spot}(USDCUSDT)
🚀 NEW BINANCE EVENT: Share 150,000 USDC!
🚀Binance just launched a massive GALA Trading Tournament! If you're trading anyway, why not get paid for it?

Prize Pool: Up to 150,000 USDC in token vouchers.

💸How to Win: Trade selected GALA pairs to climb the leaderboard.

Update: Binance also just updated the Copy Trading ROI calculation (May 8)—easier to spot the real pro traders now!🔥
Move Fast: Events like this are the easiest way to boost your portfolio with zero extra risk.👇

Follow me for Binance event updates!

#GALA #BinanceTournament #CryptoTrading #Altcoins #BinanceNews $GALA $USDC
Invest in inexpensive coins. Focus on coins under $1 Offers to compensate for your losses Invest in inexpensive coins. Focus on sub-$1 coins such as $WIF , $PEPE and $SHIB , as they have higher growth potential compared to expensive coins such as $BTC, $SOL and $ETH. Single digit coins. If you're considering coins priced above $1, choose coins with single-digit prices to the left of the decimal and double-digit prices to the right, such as Wing, for significant upside potential.

Invest in inexpensive coins. Focus on coins under $1

Offers to compensate for your losses
Invest in inexpensive coins. Focus on sub-$1 coins such as $WIF
, $PEPE
and $SHIB
, as they have higher growth potential compared to expensive coins such as $BTC, $SOL and $ETH. Single digit coins. If you're considering coins priced above $1, choose coins with single-digit prices to the left of the decimal and double-digit prices to the right, such as Wing, for significant upside potential.
Article
Michael Saylor Says Bitcoin is “Destined to be the Apex ETF Asset”#BinanceTournament Bitcoin bull Michael Saylor has made a huge prediction that BTC is "destined to be the apex ETF asset" amid potential capital reallocation Michael Saylor, the founder and Chairman of Bitcoin-bullish business intelligence and software firm, MicroStrategy Inc has made some bold predictions about the top digital currency. Speaking at the Latin American Bitcoin & Blockchain Conference (LABITCONF), Michael Saylor said Bitcoin is destined to be the apex ETF asset. Michael Saylor Makes Bold Bitcoin Predictions It is common knowledge that Michael Saylor is one of the biggest proponents of Bitcoin today. Under his leadership, MicroStrategy has acquired as much as 174,530 Bitcoin units in line with its Treasury Reserve Allocation. At the conference, he said there is an endless economic war that is masked by the uneven distribution of Capital. Talking about his favorite term “economic fuel” which denotes capital, Saylor shows how the total global asset of $900 trillion is currently allocated. With Bitcoin only taking $500 billion, gold is worth $12 trillion, government bonds pegged at $300 trillion, and real estate at $330 trillion to mention a few. This unfavorable allocation to Bitcoin, he believes will change in due course once the world comes to understand the inherent value proposition of Bitcoin. With some of the largest asset managers in the world including BlackRock and Fidelity Investments now vying to launch Bitcoin spot Exchange Traded Fund (ETF) product, the potential flight to BTC is a matter of when not if. Judging by its growth and popularity, Michael Saylor projects that BTC is on track to become the “apex commodity, technology, property, money, and ETF asset” judging by its multilateral utility and evolutionary potential.  Though there are thousands of ETF products with many tracking crypto assets, Saylor is optimistic #BTCETF will become dominant in no distant time. Bitcoin to Disrupt Digital Market Investments When Satoshi Nakamoto invented Bitcoin, the primary value proposition was to serve as an alternative currency to move money. The coin’s uses over the years have changed and besides serving a role as a hedge against inflation, companies like MicroStrategy use it as a store of value in place of more established products like stocks and bonds. With #bitcoinetf approval in view, a new shift may be created as investors on Wall Street will find it easier and sensible in terms of regulatory allowance to gain exposure to Bitcoin. The likely shift from equities to Bitcoin #etf may bring such disruption to digital markets investing, a trend Michael Saylor is convinced will fuel the growth of the top coin over other traditional assets in the future.#Web3Wallet 🗣🗣Empower Our Mission: Tips For Dedicated Service. 🗣🗣 👉Users are encouraged to support the mission by offering generous tips.🗣 This empowers creators to work even harder, ensuring the continued delivery of top-notch investment advice. @wisegbevecryptonews9

Michael Saylor Says Bitcoin is “Destined to be the Apex ETF Asset”

#BinanceTournament Bitcoin bull Michael Saylor has made a huge prediction that BTC is "destined to be the apex ETF asset" amid potential capital reallocation
Michael Saylor, the founder and Chairman of Bitcoin-bullish business intelligence and software firm, MicroStrategy Inc has made some bold predictions about the top digital currency. Speaking at the Latin American Bitcoin & Blockchain Conference (LABITCONF), Michael Saylor said Bitcoin is destined to be the apex ETF asset.
Michael Saylor Makes Bold Bitcoin Predictions
It is common knowledge that Michael Saylor is one of the biggest proponents of Bitcoin today. Under his leadership, MicroStrategy has acquired as much as 174,530 Bitcoin units in line with its Treasury Reserve Allocation. At the conference, he said there is an endless economic war that is masked by the uneven distribution of Capital.
Talking about his favorite term “economic fuel” which denotes capital, Saylor shows how the total global asset of $900 trillion is currently allocated. With Bitcoin only taking $500 billion, gold is worth $12 trillion, government bonds pegged at $300 trillion, and real estate at $330 trillion to mention a few.
This unfavorable allocation to Bitcoin, he believes will change in due course once the world comes to understand the inherent value proposition of Bitcoin. With some of the largest asset managers in the world including BlackRock and Fidelity Investments now vying to launch Bitcoin spot Exchange Traded Fund (ETF) product, the potential flight to BTC is a matter of when not if.
Judging by its growth and popularity, Michael Saylor projects that BTC is on track to become the “apex commodity, technology, property, money, and ETF asset” judging by its multilateral utility and evolutionary potential.
Though there are thousands of ETF products with many tracking crypto assets, Saylor is optimistic #BTCETF will become dominant in no distant time.
Bitcoin to Disrupt Digital Market Investments
When Satoshi Nakamoto invented Bitcoin, the primary value proposition was to serve as an alternative currency to move money. The coin’s uses over the years have changed and besides serving a role as a hedge against inflation, companies like MicroStrategy use it as a store of value in place of more established products like stocks and bonds.
With #bitcoinetf approval in view, a new shift may be created as investors on Wall Street will find it easier and sensible in terms of regulatory allowance to gain exposure to Bitcoin. The likely shift from equities to Bitcoin #etf may bring such disruption to digital markets investing, a trend Michael Saylor is convinced will fuel the growth of the top coin over other traditional assets in the future.#Web3Wallet
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Ethereum ETF: SEC Kicks Off Clock for Fidelity#BinanceTournament The U.S. Securities and Exchange Commission (SEC) has officially acknowledged Fidelity Investments' filing for a spot Ethereum #exchange -traded fund (#etf ). This follows Fidelity's application on Nov. 17.  The filing kicks off a public comment period, during which interested parties can voice their views on the viability of such a product. The SEC is supposed to announce its decision after 240 days.    Fidelity's Ethereum gambit  Earlier this month Fidelity Investments filed for a spot Ethereum ETF, extending its crypto investment offerings beyond its earlier #bitcoinetf application.  The application stressed the importance of such a product for U.S. investors, suggesting that a regulated Ethereum ETF would provide safer investment options compared to the current alternatives.  This move gained further relevance against the backdrop of a recent court ruling questioning the SEC’s stance on rejecting spot crypto ETFs while allowing futures-based ETFs. High approval odds  Analysts James Seyffart and Eric Balchunas have expressed optimism about the approval odds for Ethereum ETFs, citing a recent surge in similar applications and the SEC's evolving approach to crypto-based financial products.  They estimate a 75% chance of Ethereum futures ETFs being approved, particularly in light of the SEC's prior approval of Bitcoin futures ETFs.  However, the market's response to existing Ethereum futures ETFs, which debuted in early October, was underwhelming. These ETFs recorded a total trading volume of around $1.7 million in their initial hours, a sharp contrast to the successful launch of the first futures-based Bitcoin ETFs. #BTC

Ethereum ETF: SEC Kicks Off Clock for Fidelity

#BinanceTournament The U.S. Securities and Exchange Commission (SEC) has officially acknowledged Fidelity Investments' filing for a spot Ethereum #exchange -traded fund (#etf ). This follows Fidelity's application on Nov. 17.
The filing kicks off a public comment period, during which interested parties can voice their views on the viability of such a product. The SEC is supposed to announce its decision after 240 days.
Fidelity's Ethereum gambit
Earlier this month Fidelity Investments filed for a spot Ethereum ETF, extending its crypto investment offerings beyond its earlier #bitcoinetf application.
The application stressed the importance of such a product for U.S. investors, suggesting that a regulated Ethereum ETF would provide safer investment options compared to the current alternatives.
This move gained further relevance against the backdrop of a recent court ruling questioning the SEC’s stance on rejecting spot crypto ETFs while allowing futures-based ETFs.
High approval odds
Analysts James Seyffart and Eric Balchunas have expressed optimism about the approval odds for Ethereum ETFs, citing a recent surge in similar applications and the SEC's evolving approach to crypto-based financial products.
They estimate a 75% chance of Ethereum futures ETFs being approved, particularly in light of the SEC's prior approval of Bitcoin futures ETFs.
However, the market's response to existing Ethereum futures ETFs, which debuted in early October, was underwhelming. These ETFs recorded a total trading volume of around $1.7 million in their initial hours, a sharp contrast to the successful launch of the first futures-based Bitcoin ETFs. #BTC
Article
ALGO Coin Price Prediction 2023: Can Algorand Rise Up To $1 Mark?#FDUSD 1 The Algorand coin’s price increased by 2.50% over the last week.2 The price of ALGO coin is trading at $0.11425 and the 52-week range is $0.09853 – $0.29788. Algorand (ALGO) has a fully diluted valuation (FDV) of $1,141,164,983. This is a hypothetical market cap, assuming all 10 Billion ALGO tokens are circulating today. This is according to the crypto data and information website Coingecko. However, the actual FDV may take years to reach, depending on how the ALGO tokens are distributed over time. As per Coinmarketcap, Algorand crypto plummeted by 2.97% in market value and by 32.49% in trading volume in the last 24 hours. Its market value is $890,404,530 and its trading volume is $54,697,594. There are 7,810,458,410 ALGO in circulation. Algorand coin’s (ALGO) open interest is $37.06 Million. As per Coinglass, another crypto analysis website, it fell by 3.57% in the previous session. The long versus short ratio for 24 hours is 0.9361. The total number of short positions added in the last 24 hours is $4.58 K against longs of $66.48 K. ALGO Coin Price Technical Analysis in the 1-Day Timeframe ALGO coin price showed a downward trend for the past three months, decreasing by 32.34% during this period. At the time of publication, the ALGO Coin price is trading at $0.11425, and the price took support at the $0.09852 level and broke the trendline resistance. Therefore, if the ALGO Coin price sustains the current level and rises, then it might hit the nearest resistance levels of $0.12237 and $0.13978. However, the ALGO coin price could continue to move downwards and reach an all-time low at $0.09853. If it fails to maintain the current level. Source: ALGO/USD.1D.BITSTAMP by TradingView At the time of publishing, the ALGO coin price (BITSTAMP: ALGO) is trading below the 50, 100, and 200-day EMAs (exponential moving averages), which are rejecting the ALGO Coin price trend. However, 20-day EMA is supporting the trend if more buying volume adds up then the price might conquer rejecting EMA’s by making higher highs and lows. Hence, ALGO Coin price prediction estimates the prices to move upwards, indicating a bullish outlook over the daily time frame chart for its price. Source: ALGO/USD.1D.BITSTAMP by TradingView The MACD line at 0.00136 and the signal line at 0.00227 is below the zero line and both lines crossed each other a bullish crossover is observed in the MACD oscillator, suggesting bullish signals. The current value of the RSI is 52.81 points and the 14-day SMA is below the median line at 44.06 points, which indicates an upward direction and bullish sentiments in the market for the ALGO coin. Conclusion ALGO coin price prediction highlights the bullish sentiments and perspectives of investors and traders regarding the ALGO coin in the daily time frame. Algorand price action highlights a bullish view at the time of publishing. Moreover, the technical parameters of the Algorand price suggest the continuation of the uptrend over the daily time frame chart. Major trustworthy indicators MACD, RSI, and EMA, provide positive signals regarding the $ALGO crypto prices. Technical Levels Support levels: The nearest support levels are all-time low at $0.09853.Resistance levels: The nearest resistance levels are $0.12237 and $0.13978. Disclaimer In this article, the views and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in #crypto assets comes with a risk of financial loss.#crypto2023 #MultiChain #BinanceTournament

ALGO Coin Price Prediction 2023: Can Algorand Rise Up To $1 Mark?

#FDUSD 1 The Algorand coin’s price increased by 2.50% over the last week.2 The price of ALGO coin is trading at $0.11425 and the 52-week range is $0.09853 – $0.29788.
Algorand (ALGO) has a fully diluted valuation (FDV) of $1,141,164,983. This is a hypothetical market cap, assuming all 10 Billion ALGO tokens are circulating today. This is according to the crypto data and information website Coingecko. However, the actual FDV may take years to reach, depending on how the ALGO tokens are distributed over time.
As per Coinmarketcap, Algorand crypto plummeted by 2.97% in market value and by 32.49% in trading volume in the last 24 hours. Its market value is $890,404,530 and its trading volume is $54,697,594. There are 7,810,458,410 ALGO in circulation.
Algorand coin’s (ALGO) open interest is $37.06 Million. As per Coinglass, another crypto analysis website, it fell by 3.57% in the previous session. The long versus short ratio for 24 hours is 0.9361. The total number of short positions added in the last 24 hours is $4.58 K against longs of $66.48 K.
ALGO Coin Price Technical Analysis in the 1-Day Timeframe
ALGO coin price showed a downward trend for the past three months, decreasing by 32.34% during this period. At the time of publication, the ALGO Coin price is trading at $0.11425, and the price took support at the $0.09852 level and broke the trendline resistance.
Therefore, if the ALGO Coin price sustains the current level and rises, then it might hit the nearest resistance levels of $0.12237 and $0.13978.
However, the ALGO coin price could continue to move downwards and reach an all-time low at $0.09853. If it fails to maintain the current level.
Source: ALGO/USD.1D.BITSTAMP by TradingView
At the time of publishing, the ALGO coin price (BITSTAMP: ALGO) is trading below the 50, 100, and 200-day EMAs (exponential moving averages), which are rejecting the ALGO Coin price trend.
However, 20-day EMA is supporting the trend if more buying volume adds up then the price might conquer rejecting EMA’s by making higher highs and lows.
Hence, ALGO Coin price prediction estimates the prices to move upwards, indicating a bullish outlook over the daily time frame chart for its price.
Source: ALGO/USD.1D.BITSTAMP by TradingView
The MACD line at 0.00136 and the signal line at 0.00227 is below the zero line and both lines crossed each other a bullish crossover is observed in the MACD oscillator, suggesting bullish signals. The current value of the RSI is 52.81 points and the 14-day SMA is below the median line at 44.06 points, which indicates an upward direction and bullish sentiments in the market for the ALGO coin.
Conclusion
ALGO coin price prediction highlights the bullish sentiments and perspectives of investors and traders regarding the ALGO coin in the daily time frame. Algorand price action highlights a bullish view at the time of publishing. Moreover, the technical parameters of the Algorand price suggest the continuation of the uptrend over the daily time frame chart. Major trustworthy indicators MACD, RSI, and EMA, provide positive signals regarding the $ALGO crypto prices.
Technical Levels
Support levels: The nearest support levels are all-time low at $0.09853.Resistance levels: The nearest resistance levels are $0.12237 and $0.13978.
Disclaimer
In this article, the views and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in #crypto assets comes with a risk of financial loss.#crypto2023 #MultiChain #BinanceTournament
Article
XRP Poised For Bullish Breakout: Inverted Hammer Formation Signals Rise Above $0.8 Resistance#BTC After the initial excitement surrounding Ripple Lab’s partial legal victory against the US Securities and Exchange Commission (SEC) subsided, XRP experienced a decline that led it to test its 4-month support line at $0.4240.  However, the cryptocurrency has demonstrated resilience by reclaiming its important psychological level of $0.50 and reentering its previous consolidation or accumulation zone. This renewed stability has sparked optimism among bullish investors, indicating a potential rebound for XRP. Presently, XRP is trading at $0.5295 with a 24-hour trade volume of $1,419,623,015.56. This reflects a 1.89% increase in price over the last 24 hours and a 1.60% increase over the past 7 days.  These gains and a promising chart formation suggest that XRP may be poised for further growth in the days and months ahead. Potential XRP Breakout As 2-Month Candle Nears Conclusion Crypto analyst Egrag Crypto, known for insightful market analysis, recently took to the social media platform X (formerly Twitter) to highlight an intriguing development in the XRP market.  As the two-month candle for XRP draws to a close, it displays the potential formation of an inverted hammer pattern. For further context, the inverted hammer is a technical analysis candlestick pattern that typically appears at the end of a downtrend. It is characterized by a small body at the candle’s upper end, with a long upper shadow and little to no lower shadow. The inverted hammer pattern suggests a potential reversal in price direction. It indicates that buyers have stepped in after a period of selling pressure, causing the price to bounce back from its lows.  As seen in Egrag’s chart above, throughout 426 days, XRP has demonstrated remarkable resilience, maintaining its market structure and solidifying its foundation amidst market fluctuations. On this note, Egrag further claimed: The chart unequivocally illustrates this trend, consistent with my earlier analyses wherein I underlined the significance of the 0.80c mark as a pivotal macro resistance level. Establishing this price range as a foundation marks a highly bullish macro stance.  Notably, per the information compiled by the analyst, this consolidation around the mentioned price range indicates a highly bullish macro stance for XRP Egrag Crypto predicts a scenario where the upcoming candle could propel $XRP towards the $2.3 range. However, this achievement would merely serve as a stepping stone within a larger macro range of $3.3 to $5.5, signaling a seamless continuation of XRP’s upward trajectory. Egrag Crypto’s symbolic reference to Valhalla beyond the $5.5 threshold reflects the analyst’s belief in the substantial potential for XRP’s future growth. While these words evoke a sense of grandeur, they emphasize the possibility of #XRP reaching unprecedented heights in the market. Amidst growing anticipation within the #crypto community, all eyes are on the impending conclusion of the two-month candle, which holds the key to a potential breakout indicated by the inverted hammer formation.  This pivotal moment raises questions about whether the #cryptocurrency and the broader market are on the cusp of another upward trend, supported by favorable macro conditions, or if they will face a test of lower resistance levels again. Featured image from iStock, chart from TradingView.com#BinanceTournament

XRP Poised For Bullish Breakout: Inverted Hammer Formation Signals Rise Above $0.8 Resistance

#BTC After the initial excitement surrounding Ripple Lab’s partial legal victory against the US Securities and Exchange Commission (SEC) subsided, XRP experienced a decline that led it to test its 4-month support line at $0.4240.
However, the cryptocurrency has demonstrated resilience by reclaiming its important psychological level of $0.50 and reentering its previous consolidation or accumulation zone. This renewed stability has sparked optimism among bullish investors, indicating a potential rebound for XRP.
Presently, XRP is trading at $0.5295 with a 24-hour trade volume of $1,419,623,015.56. This reflects a 1.89% increase in price over the last 24 hours and a 1.60% increase over the past 7 days.
These gains and a promising chart formation suggest that XRP may be poised for further growth in the days and months ahead.
Potential XRP Breakout As 2-Month Candle Nears Conclusion
Crypto analyst Egrag Crypto, known for insightful market analysis, recently took to the social media platform X (formerly Twitter) to highlight an intriguing development in the XRP market.
As the two-month candle for XRP draws to a close, it displays the potential formation of an inverted hammer pattern.
For further context, the inverted hammer is a technical analysis candlestick pattern that typically appears at the end of a downtrend. It is characterized by a small body at the candle’s upper end, with a long upper shadow and little to no lower shadow.
The inverted hammer pattern suggests a potential reversal in price direction. It indicates that buyers have stepped in after a period of selling pressure, causing the price to bounce back from its lows.
As seen in Egrag’s chart above, throughout 426 days, XRP has demonstrated remarkable resilience, maintaining its market structure and solidifying its foundation amidst market fluctuations. On this note, Egrag further claimed:
The chart unequivocally illustrates this trend, consistent with my earlier analyses wherein I underlined the significance of the 0.80c mark as a pivotal macro resistance level. Establishing this price range as a foundation marks a highly bullish macro stance.
Notably, per the information compiled by the analyst, this consolidation around the mentioned price range indicates a highly bullish macro stance for XRP
Egrag Crypto predicts a scenario where the upcoming candle could propel $XRP towards the $2.3 range. However, this achievement would merely serve as a stepping stone within a larger macro range of $3.3 to $5.5, signaling a seamless continuation of XRP’s upward trajectory.
Egrag Crypto’s symbolic reference to Valhalla beyond the $5.5 threshold reflects the analyst’s belief in the substantial potential for XRP’s future growth. While these words evoke a sense of grandeur, they emphasize the possibility of #XRP reaching unprecedented heights in the market.
Amidst growing anticipation within the #crypto community, all eyes are on the impending conclusion of the two-month candle, which holds the key to a potential breakout indicated by the inverted hammer formation.
This pivotal moment raises questions about whether the #cryptocurrency and the broader market are on the cusp of another upward trend, supported by favorable macro conditions, or if they will face a test of lower resistance levels again.
Featured image from iStock, chart from TradingView.com#BinanceTournament
Article
Ripple vs. SEC: Trial Dates And Next Deadlines You Need to Know#BinanceTournament In the continuing legal saga between Ripple Labs, its top executives, and the U.S. Securities and Exchange Commission (SEC), U.S. District Court Judge Analisa Torres has made critical announcements concerning the upcoming trial dates and associated deadlines. In an August 9 filing in the U.S. District Court for the Southern District of New York, Judge Torres indicated intentions to move forward with a jury trial for Ripple, including CEO Brad Garlinghouse and co-founder Chris Larsen. The anticipated trial commencement was targeted between April 1 and June 30, 2024. However, with blackout dates submitted from both sides, a slight delay pushes the earliest start date to April 20, 2024. Upcoming Deadlines For Ripple Vs. SEC Just in time, Ripple Labs, Garlinghouse, Larsen and the SEC have now filed their applications, which were due by yesterday, August 23. Yesterday, the counsel for Brad Garlinghouse and Chris Larsen have informed Judge Torres the dates they will not be available for trial in the second quarter of 2024. Both are unavailable from April 1-14. On the flip side, Ripple Labs’ legal representatives filed a letter that the firm is “available for trial anytime in the second quarter of 2024.” The SEC relayed its unavailability for the dates April 15-19, May 1-7, and May 27-31. This means that the trial will start with a little delay, at the earliest on April 20. Earlier in the case, Judge Torres delivered a partial summary judgment. This significant ruling discerned that Ripple’s institutional sales of XRP were found to constitute an unregistered securities offering, yet their programmatic sales did not fall under this definition. The upcoming trial will be instrumental in determining the legal culpability of Ripple’s top brass, both accused of aiding and abetting securities laws violations concerning the XRP token. Notably, Ripple Labs has been spared of aiding and abetting charges. Furthermore, key trial deadlines have been enumerated recently: By December 4, 2023, all parties have to “submit any motions in limine. Oppositions to any motions in limine shall be submitted by December 18, 2023.” The same date, December 4, mandates the submission of “all required pretrial filings, including their proposed joint pretrial order, requests to charge, verdict form, and voir dire questions.” Both parties are also expected to “deliver to the court one copy of each documentary exhibit sought to be admitted” by December 4. On another pivotal front, the SEC recently filed its Motion to Certify Interlocutory Appeal on August 18. Judge Torres, having considered submissions from both parties, has green-lighted the SEC’s appeal motion. However, the current filings refrain from explicating the rationale behind this decision. Responding to the ongoing proceedings, Ripple CEO Brad Garlinghouse remarked on Twitter, “Reminder – the request for appeal (even if granted) doesn’t change the fact that XRP is not a security. That’s not up for debate / trial. But the SEC continues to claim that Chris and I acted recklessly in believing that $XRP is not a security. That’s utter nonsense.” At press time, the #XRP price was at $0.53.#crypto2023 #Worldcoin

Ripple vs. SEC: Trial Dates And Next Deadlines You Need to Know

#BinanceTournament In the continuing legal saga between Ripple Labs, its top executives, and the U.S. Securities and Exchange Commission (SEC), U.S. District Court Judge Analisa Torres has made critical announcements concerning the upcoming trial dates and associated deadlines.
In an August 9 filing in the U.S. District Court for the Southern District of New York, Judge Torres indicated intentions to move forward with a jury trial for Ripple, including CEO Brad Garlinghouse and co-founder Chris Larsen. The anticipated trial commencement was targeted between April 1 and June 30, 2024. However, with blackout dates submitted from both sides, a slight delay pushes the earliest start date to April 20, 2024.
Upcoming Deadlines For Ripple Vs. SEC
Just in time, Ripple Labs, Garlinghouse, Larsen and the SEC have now filed their applications, which were due by yesterday, August 23. Yesterday, the counsel for Brad Garlinghouse and Chris Larsen have informed Judge Torres the dates they will not be available for trial in the second quarter of 2024. Both are unavailable from April 1-14.
On the flip side, Ripple Labs’ legal representatives filed a letter that the firm is “available for trial anytime in the second quarter of 2024.” The SEC relayed its unavailability for the dates April 15-19, May 1-7, and May 27-31. This means that the trial will start with a little delay, at the earliest on April 20.
Earlier in the case, Judge Torres delivered a partial summary judgment. This significant ruling discerned that Ripple’s institutional sales of XRP were found to constitute an unregistered securities offering, yet their programmatic sales did not fall under this definition.
The upcoming trial will be instrumental in determining the legal culpability of Ripple’s top brass, both accused of aiding and abetting securities laws violations concerning the XRP token. Notably, Ripple Labs has been spared of aiding and abetting charges.
Furthermore, key trial deadlines have been enumerated recently: By December 4, 2023, all parties have to “submit any motions in limine. Oppositions to any motions in limine shall be submitted by December 18, 2023.”
The same date, December 4, mandates the submission of “all required pretrial filings, including their proposed joint pretrial order, requests to charge, verdict form, and voir dire questions.” Both parties are also expected to “deliver to the court one copy of each documentary exhibit sought to be admitted” by December 4.
On another pivotal front, the SEC recently filed its Motion to Certify Interlocutory Appeal on August 18. Judge Torres, having considered submissions from both parties, has green-lighted the SEC’s appeal motion. However, the current filings refrain from explicating the rationale behind this decision.
Responding to the ongoing proceedings, Ripple CEO Brad Garlinghouse remarked on Twitter, “Reminder – the request for appeal (even if granted) doesn’t change the fact that XRP is not a security. That’s not up for debate / trial. But the SEC continues to claim that Chris and I acted recklessly in believing that $XRP is not a security. That’s utter nonsense.”
At press time, the #XRP price was at $0.53.#crypto2023 #Worldcoin
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