🧑💻 Who Am I & Why You Should Follow Me for Daily Crypto Insights
Hey Binance Square fam! I’m @ctyptoSheikh_01 , a full-time crypto enthusiast and content creator with a passion for simplifying blockchain, Web3, and trading knowledge for everyone — whether you're a complete beginner or a seasoned investor.
🔍 Why Crypto? I started my journey in the crypto space not just to invest, but to understand the future of finance. Over the years, I’ve explored everything from spot trading to NFTs, DeFi, Layer 2s, and more.
📚 What You’ll Get By Following Me Here’s what I post consistently:
Bitcoin is trading at $BTC 104.6K, down 3% today. Drop caused by Israel-Iran conflict & $3B options expiry. Support near $103K, resistance at $110K. Volatility expected. Stay alert. #Bitcoin #CryptoNews #BTC
Right now, 1 $DOGE is priced at $0.1857. Its all-time low was $0.00008547, and the all-time high was $0.73756.
The max supply is infinite ♾️, and the current total supply is 149.58 billion coins — which means more $DOGE can still be created.
Today’s market cap is around $27.72 billion. So realistically, $DOGE can still do a 10x, maybe even 100x in the most optimistic case — but not more than that.
Let’s not forget, Elon Musk’s favorite coin is DOGE, which adds to the hype and potential.
Make your own decisions wisely — this is not financial advice, just sharing my perspective!
Eid Mubarak to the Crypto Community! 🌙✨ As we celebrate this day of joy, reflection, and unity, may your portfolios shine as bright as the Eid moon. Crypto never sleeps — but today, we pause to share peace, gratitude, and growth with our global blockchain family.
Whether you're holding, trading, or just learning — may this Eid bring prosperity and clarity to your journey. 🌍💛
🇺🇸💰 Trump Fires Shots at Elon Musk’s Government Deals! 🚨 “Why are we giving so much money to Elon?” – Trump questions the billions funneled into subsidies and contracts for Musk’s companies. He claims cutting these deals could save America billions and ease the national budget. A bold take that’s sure to spark debate across tech and political circles! 🔥 Is this a smart financial move or a shot at innovation? 👀 Let us know your take! #TrumpvsElonmusk $TRUMP
🟠 BREAKING: Trump vs. Elon Musk Sends Shockwaves Through Crypto Markets ⚡️
The crypto market is on edge as a fresh wave of volatility sweeps across $BTC , $ETH , and major altcoins. The trigger? A high-profile clash between Donald Trump and Elon Musk.
📉 Market Recap:
briefly $BTC fell below $100,500, with over $300M in long positions liquidated in 24 hours.
Ethereum dropped over 6%, and the overall crypto market saw nearly $1B in liquidations.
Investors are scrambling as sentiment flips bearish across major exchanges.
🗳️ Trump’s Crypto Move: Trump Media has filed for a “Truth Social Bitcoin ETF”, aiming to list it on NYSE Arca. The fund would hold actual BTC, signaling a strong pivot into digital assets from the Trump camp.
📉 However, DJT (Trump Media stock) dropped 8% after the filing, while Bitcoin prices slid in response to the rising political tension.
🚀 Elon Musk Responds: Elon criticized Trump’s broader policies, particularly regarding clean energy and crypto regulation. His reaction added more heat to the fire, spooking the markets even further.
🔍 What’s Next? With both figures now deeply involved in the crypto narrative, markets could remain volatile. This power play between two of the world’s most influential figures is far from over.
The total crypto market cap dropped to $3.26T on June 5, the lowest since May 8! 💣 Bitcoin plunged $5K to $101K before slightly recovering to $102.8K. Over 228K traders liquidated, losing nearly $1B — most from $BTC longs! 😨
And the reason? A fiery Trump vs Musk feud! Musk slammed Trump’s tariffs, warned of a recession, trashed the “One Big Beautiful Bill,” and even hinted at Epstein connections! 😳 Trump fired back, calling the bill “one of the greatest,” while SpaceX threatened to halt Dragon missions over contract disputes.
📉 Analysts say further consolidation could follow unless sentiment worsens. Is this the end of the bull run? 🧐 $BTC
I opened a long position on TNSRUSDT at 0.1271 using $15,000 margin and 30x leverage, with a total size of 3.54M TNSR. The price moved up to 0.1297, giving me a $9,177 profit (+61.18% ROI).
✅ Strong support at entry ✅ Bullish volume confirmation ✅ Liquidation well below support (0.1017)
Key Lesson: Leverage can multiply gains—but only with proper risk management and a solid entry.
💡 Always know your liquidation price and trade with a plan! $TNSR
The crypto market faced high volatility today, with major coins like Bitcoin, Ethereum, and Ripple showing significant drops. Here's a quick summary of what's driving the market today:
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📉 Market Snapshot:
$BTC Bitcoin (BTC): 🔻 $101,928 (-3.1%)
$ETH Ethereum (ETH): 🔻 $2,489 (-3.73%)
$XRP Ripple (XRP): 🔻 $2.13 (-3.34%)
💰 Total market cap dropped by $180B
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🧨 Key Reasons for the Dip:
1. Elon Musk vs Donald Trump – A heated public clash between the two sparked panic in the market.
2. $595M Liquidated – Massive liquidations shook up major positions.
3. Rising Uncertainty & FUD – Traders are pulling back amid fear and unpredictability.
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🟢 Positive Highlights:
Circle IPO takes off! – Closed at $82 on NYSE, up 167% on day one.
$MUBARAKAH Coin up 92% – Eid hype fuels rapid growth in this festive token.
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🇵🇰 Crypto Moves in Pakistan:
Pakistan officially launched the Pakistan Crypto Council, appointing Bilal Bin Saqib as Special Assistant on Blockchain & Crypto. Big step toward crypto regulation in the country.
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🎯 Are you holding or selling today? Share your thoughts in the comments
🟣 Ethereum Sets New All-Time High in Weekly Active Addresses! 🚀
$ETH continues to prove it's more than just a blockchain—it's the beating heart of the entire Web3 ecosystem! ❤️🔥
📊 According to data from unfolded, the number of weekly active addresses on Ethereum has crossed 17 million, setting a new record for the network! That’s a solid 16.95% increase compared to the previous week. 🔥
This massive rise shows that not only developers but users, dApps, and DeFi protocols are actively building and interacting across the Ethereum ecosystem. 🌐💪
🔍 What Does This Mean?
User adoption is growing ✅
On-chain activity is rising ✅
Real-world utility of Ethereum is strengthening ✅
All these are bullish signals for Ethereum’s long-term future—especially for smart investors keeping an eye on network fundamentals. 📈🚀
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💬 What’s your take on this spike in Ethereum activity? Do you think it’ll reflect in ETH’s price action too? Let’s talk in the comments 👇
$RVN price has significantly increased recently, especially after being listed on the South Korean exchange Upbit. The listing sparked a major price surge and a sharp rise in trading volume.
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🧠 What to Include in Your Binance Square Article:
Headline idea: “Ravencoin (RVN) Surges Over 60% After Upbit Listing – What’s Next?”
Key talking points:
Reason behind the surge (Upbit listing).
How RVN’s fundamentals and use-case support long-term potential.
The role of community-driven projects like Ravencoin.
Quick historical background on RVN (launched in 2018 to facilitate tokenized asset transfers).
Master Crypto Trading Fundamentals and Unlock Binance Points!
Successful trading starts with strong fundamentals. In this latest installment of our Deep-Dive series, we break down 10 essential concepts every crypto trader should understand. Whether you’re new to trading or looking to reinforce your knowledge, this series is your opportunity to enhance your trading knowledge, contribute to the community and earn Binance Points along the way!
How To Participate: 1. Check Binance Square Official daily at 08:00 (UTC) for discussion prompts on the topic of the day. 2. Create a post on Binance Square sharing your insights, experiences or tips related to that topic. 3. Ensure that your post contains at least 100 characters and includes only one topic hashtag.
Activity Period: 2025-05-29 08:00:00 (UTC) to 2025-06-12 08:00:00 (UTC)
The 10 topics are: · #TradingTypes101: Explore the differences between Spot, Margin and Futures trading. · #CEXvsDEX101: Compare Centralized and Decentralized Exchanges. · #OrderTypes101: Break down the different order types in crypto trading – Market, Limit, Stop-Loss and Take-Profit Orders. · #Liquidity101: Discuss the role of liquidity in crypto trading and its impact on trade execution. · #TradingPairs101: Break down how trading pairs work, and share how you choose the right pairs for your trading strategy. · #CryptoSecurity101: Compare hot and cold wallets, discuss your personal security setup and share best practices for staying SAFU. · #CryptoFees101: Discuss the different fee types in crypto and how you optimize your trades to reduce costs. · #TradingMistakes101: Reflect on your experiences, what you learned, and share advice you’d give to new traders. · #CryptoCharts101: Explore candlestick patterns and chart basics. Share how chart reading has helped your entries or exits. · #TradingTools101: Discuss indicators like RSI, MACD and moving averages.
🔍 What is Bitcoin Halving?
A Simple Guide to One of Bitcoin’s Most Important Events
Every four years (or every 210,000 blocks), the Bitcoin network undergoes a crucial event called Bitcoin Halving. But what does that really mean — and why does it matter?
Let’s break it down 👇
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💡 What Is Bitcoin Halving?
Bitcoin halving is when the reward for mining new Bitcoin blocks is cut in half. This means miners receive 50% fewer BTC for verifying transactions and adding blocks to the blockchain.
🟢 Example:
In 2009, miners earned 50 BTC per block.
After the 1st halving (2012): 25 BTC
After the 2nd halving (2016): 12.5 BTC
After the 3rd halving (2020): 6.25 BTC
After the 4th halving (2024): 3.125 BTC
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🧠 Why Does It Happen?
Bitcoin was designed with a limited supply of 21 million coins. Halving controls the rate at which new coins are created — this makes Bitcoin scarce like gold.
This process: ✅ Reduces inflation ✅ Increases scarcity ✅ Supports long-term value growth
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📈 How Does It Affect the Market?
Historically, Bitcoin halving has triggered major bull runs:
2012 Halving: BTC rose from ~$12 to $1,000+
2016 Halving: BTC surged from ~$600 to nearly $20,000
2020 Halving: BTC jumped from ~$9,000 to $69,000 (ATH in 2021)
🚨 But remember: past performance ≠ future results. Market conditions, adoption, and macroeconomics also play big roles.
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🛠️ Impact on Miners
Miners earn less BTC after each halving, so:
Only the most efficient miners survive
Energy usage and mining equipment become even more important
Smaller miners may shut down if not profitable
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🌍 Why Should You Care?
If you're a:
Trader: Halving can mean price volatility and new opportunities
Investor: It reinforces Bitcoin’s deflationary nature
Newbie: Understanding halving gives you a better grasp of Bitcoin’s economics
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🔮 Final Thoughts
Bitcoin halving is built into the code — it’s automatic, predictable, and powerful. It’s one of the key reasons why Bitcoin is often called "digital gold."
Next halving? Already happened in April 2024. Next one? Expected around 2028 — are you ready?
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📌 Follow for more crypto explainers and Binance Square insights. 💬 Got questions? Drop them in the comments!