#Bitcoin and Digital Currencies
Having navigated the crypto space for nearly a decade, experiencing both gains and losses, trying ICOs, meme coins, and mining, and enduring three bull and bear cycles, I’ve realized that there’s only one truly stable way to profit. It’s a simple, universally understood principle: buy in the bear market, sell in the bull market. That’s it.
The bull and bear cycles are clear and predictable: bull markets typically last 6 months to 1 year, while bear markets persist for 1-2 years, making a full cycle 3-4 years. By following this pattern, you can achieve over 50% returns in each bull market, easily outperforming financial products, stocks, and mutual funds. This isn’t speculation; it’s a market rule.
The practical strategy involves five steps:
1. Only accumulate during bear markets
Be patient and focus on the bottom range of the bear market (characterized by Bitcoin being ignored and the crypto space being eerily quiet). This phase may last over a year but is the golden period for accumulating assets. Don’t aim to buy at the absolute bottom; dollar-cost averaging is safer.
2. Focus on mainstream coins
- **BTC, ETH**: The eternal core of the crypto space. Buy in the bear market, sell in the bull market. A 50%+ gain is the baseline, making them the top choice for large capital.
- **Exchange tokens**: Such as BNB, deeply tied to exchanges and highly resilient.
- **Strong public chains**: Such as SOL, AVAX, with solid technology and strong upward momentum in bull markets.
- **Infrastructure tokens**: Such as MATIC, with widespread ecosystem applications and clear long-term value.
- **Beware of consensus coins**: Such as Dogecoin and SHIB, which lack substantial applications and rely solely on hype. Use only a tiny portion of your portfolio for entertainment purposes, and never go all-in.
**Iron Rule**: Altcoins are essentially "tools for cutting retail investors." Coins that skyrocket in one bull market may go to zero in the next. Betting on altcoins without insider information is equivalent to gambling.
3. Take profits decisively during the mid-bull market
- **Early stage**: BTC leads the rally, ETH follows, mainstream coins rise steadily, and a few altcoins show unusual movements.
- **Mid-stage**: BTC and ETH climb steadily, mainstream coins explode, and altcoins start to follow.
- **Late stage**: BTC begins to drop, ETH may have a final surge, and altcoins experience frenzied gains (multiples or even hundreds of times).
- **End stage**: BTC crashes by thousands of points, briefly rebounds, and then plunges again, marking the end of the bull market. At this point, you must cut losses and avoid wishful thinking, or your principal will be wiped out.
4. Resist gambling tendencies in bull markets
In the mid-to-late bull market, the wild gains of altcoins can be tempting, but chasing them is like playing with fire:
- Altcoins may have flashy narratives and rapid gains but lack fundamental support. They will inevitably lose 50% or go to zero in the bear market.
- If you must scratch the itch, use no more than 10% of your funds for small bets, and even if you win, don’t increase your position. A single mistake with a large position can erase all your gains.
5. Protect your principal above all else
If you’re caught in a losing position, cut your losses decisively to protect your principal. Exiting before a bear market crash may result in a maximum loss of 50%; holding on to the end could mean losing everything.
After cashing out in the bull market, patiently wait for the next bear market bottom. Don’t buy in the middle of the cycle, and never chase altcoins with your profits.
Finally, a word of advice:
The crypto space never lacks opportunities; what’s lacking is the rationality to restrain greed. Follow the market cycles and don’t be swayed by short-term fluctuations. Accumulate in bear markets, sell in bull markets, protect your principal, and avoid gambling tendencies. Only then can you survive in this brutal market.
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CoinDesk
Bitcoin BTC hovered above $105,000 on Tuesday, marking a steady climb after a sell-off over the weekend and Monday resulted in nearly $1 billion in liquidations, rattling traders.
Ether ETH led gains among majors at 4.5%, coming as the blockchain’s Foundation restructured staffing to focus on protocol developments in a competitive and crowded network landscape — bumping bullish sentiment for the world’s second-largest token.
Dogecoin DOGE followed with a 3% rise, with Solana’s SOL SOL, Cardano’s ADA ADA, XRP XRP, and BNB Chain’s BNB BNB adding as much as 2.5%. The broad-based CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market cap, rose 2%.
After weeks of gains, bitcoin’s latest price action has traders closely watching for signs of a potential cooling-off period. Caution is emerging among some as technical signals hint that the rally may be losing momentum.
“Bitcoin hovering around the $105,000 range is circumstantial natural cooling after a strong rally, with elevated trading volumes followed by sustained interest, now hints at fatigue,” said Ryan Lee, Chief Analyst at Bitget Research, said in a Tuesday update shared with CoinDesk.
“BTC could consolidate between $103,000 and $108,000, with $100,000 acting as psychological support. If that level fails, downside targets near $97,000–$93,000 may be tested,” Lee said.
Lee added that on-chain data shows continued whale accumulation, typically a bullish sign that any correction could offer an entry point.
For ETH, Lee noted that repeated rejections and long upper wicks around the $2,800 level indicate hesitation. “Overall strength remains intact, but momentum is capped unless ETH decisively breaks above $2,810,” he said.
The bigger picture for BTC remains solid on a macro basis.
“On a YTD basis, BTC remains a strong outperformer on a macro basis and vs equity, though there are short-term signs that we might be up for more challenging times ahead, with OGs and natives continuing to be better sellers and profit takers against mainstream buying,” said Augustine Fan, Head of Insights at SignalPlus, told CoinDesk in a Tuesday message.
Geopolitical risks continue to weigh on sentiment. Fresh tariff headlines and a tense trade backdrop between the U.S. and China have traders bracing for more volatility, with key policy deadlines in early July on the radar, Singapore-based QCP Capital said in a market broadcast late Monday.
For now, bitcoin is proving its mettle and holding on to the “top of the pecking order,” the firm ended.
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财经悟空
BNB and ENS long positions are all profitable. For those seeking stability, you can divide your entry funds into three portions when entering the market. This way, your position management is well-controlled, and it can also lower your average holding price. Truly stable!
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EricF
I am explored @hemi_xyz again, and my mind is blown.
They're bringing REAL Bitcoin to DeFi, no wrapping, no bridges, no custodians needed.
Think about it: native BTC working directly with smart contracts. Not some synthetic copy.
The actual thing. The secret sauce?
Their Hemi Virtual Machine runs a full Bitcoin node inside an EVM. Devs can use Solidity to build with actual Bitcoin.
Pix🔎
Wait… Bitcoin can do what now?
> Full Bitcoin node
> Inside an EVM
> Smart contracts that *see* Bitcoin state
> React to real BTC transactions
> Move assets across chains with no middlemen
> And secure it all… by anchoring to *Bitcoin itself*
All in one protocol.
It’s called Hemi.
While everyone’s fighting over wrapped BTC and broken bridges…
They just quietly did the impossible.
You get the programmability of Ethereum.
The security of Bitcoin.
In one modular Layer 2.
Here’s the kicker:
> hVM = Ethereum VM + Bitcoin node
> PoP = Proof-of-Proof → txs reach Bitcoin finality in 90 mins
> Tunnels = BTC<>ETH asset transfer, no trust required
> TVL hit $1B+ in 38 days
> Backed by Binance Labs
> Built by Jeff Garzik (ex Bitcoin Core dev) + Max Sanchez (inventor of PoP)
It’s literally a Bitcoin-aware EVM with superpowers.
BTC DeFi now actually possible.
Cross-chain lending, MEV, escrows, on-chain triggers.
All native. All composable.
Hemi doesn’t just connect Bitcoin and Ethereum.
It fuses them.
Love working with teams that innovate this much
Keep an eye on this one (personally farming points rn) ()
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CoinDesk
Binance Coin (BNB) is holding steady above the $650 mark despite rising volatility in global markets sparked by escalating global trade tensions. The cryptocurrency briefly touched $664 before pulling back, but heavy trading volume suggests solid support at $650, according to CoinDesk Research's technical analysis data model.
The broader market has been rattled by President Trump's latest round of tariffs, which have added fresh uncertainty to global trade. Major crypto assets, including BNB, have not been immune to the resulting price swings.
Still, BNB has shown notable resilience, helped by rapid growth in the BNB Smart Chain ecosystem.
Daily transaction counts on BNB Smart Chain have climbed to 14 million, and decentralized exchange (DEX) volume is up 50% over the past month.
In total, BNB Chain-based DEXs have processed more than $150 billion in trading volume over the last 30 days, outperforming competitors like Ethereum and Solana.
This surge in on-chain activity points to a growing user base and stronger fundamentals, even as macroeconomic stress continues to weigh on investor sentiment.
For traders navigating the current environment, BNB’s relative strength stands out, supported not just by market momentum, but by deeper ecosystem engagement.
Technical Analysis Highlights
BNB continued to show strength over the weekend but is now displaying signs of short-term fatigue after failing to break resistance at $664.
A clear uptrend began around 14:00 on June 1, when BNB surged past $650, backed by above-average volume of 45,756 units. The momentum pushed prices toward the $662–$664 zone by 01:00 on June 2, where the rally stalled amid heavy selling pressure.
In the hours that followed, BNB entered a tight consolidation range between $658.05 and $659.60. Around 07:17, the token briefly spiked to the upper end of that range before pulling back.
Volume peaked at 07:18 and again at 07:51, during both a rejection and a short-lived rally, signaling active but indecisive market behavior.
Since that peak, BNB’s price has carved out a descending channel marked by lower highs, a classic pattern that suggests short-term bearish sentiment.
Still, the $658.00 to $658.20 zone has emerged as a reliable support base, absorbing selling pressure and providing a possible launchpad for the next move.
While the broader outlook for BNB remains tied to the strength of its ecosystem, near-term traders are watching this channel closely. A breakout above recent highs could invalidate the bearish pattern, while a drop below support might confirm it.
The current price of BNB is $665.40. Over the last 24 hours, BNB has increased by +1.56%. It currently has a circulating supply of 145,887,576 BNB and a maximum supply of 200,000,000 BNB, giving it a fully diluted market cap of $97.09B. At present, the BNB coin holds the 0 position in market cap rankings. The BNB/USD price is updated in real-time.
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates ("OKX") are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.
As the Ethereum network witnessed a substantial increase in user activity and the adoption of decentralized applications (DApps), the need for scalability became a prominent issue for the first Layer-1 smart contract blockchain. To tackle this challenge, various Layer-2 scaling solutions were introduced to mitigate scalability concerns.
Among these scaling solutions, the Build 'N Build (BNB) Chain has emerged as a competitive player by offering asset-bridging capabilities across different chains. This has provided the BNB Chain with a distinct advantage over established platforms like Ethereum, enabling it to address the scalability limitations and cater to the growing demands of the DApp ecosystem.
What Is the BNB Chain?
The BNB Chain, established in February 2022, is a comprehensive modular system that combines the advancements of the Binance Chain (BC) and the Binance Smart Chain (BSC). The introduction of the BNB Smart Chain (BSC) was a response to certain limitations observed in the BC to complement its functionality.
While the BC was primarily designed to cater to decentralized exchanges (DEX) and focused on achieving high transaction throughput and delivering an enhanced user experience, it lacked smart contract functionality. Instead of incorporating additional functionality into the BC, which could have impacted network efficiency, the Binance community developed the BSC as a separate entity to address these concerns and provide the desired smart contract functionality.
After the merger of both chains, the BC assumed the role of a dedicated layer for governance, encompassing voting and staking functionalities. On the other hand, the BSC was specifically designed to execute Ethereum Virtual Machine (EVM) consensus and support Ethereum-compatible applications, including MetaMask. This strategic implementation allows for seamless integration with smart contracts on the BSC
The BNB Team
The BNB team is led by Changpeng Zhao "CZ," the founder of Binance, who introduced the BNB token and established the BNB Chain in 2017. Another key member of the team is He Yi, the co-founder and chief marketing officer. Before joining Binance, Yi served as Vice President at Yixia Technology, a leading mobile video tech company.
BNB: The utility token of the BNB Chain
BNB, the native utility token of the BNB Chain, plays a pivotal role within the BSC ecosystem. As the governance token, BNB enables holders to actively participate in shaping the development and future of the ecosystem. Additionally, BNB is essential for developers seeking to participate in token sales conducted on the Binance Launchpad.
BNB tokenomics
The BNB token operates under specific tokenomics. It has a maximum capped supply of 200,000,000 tokens, and a deflationary burning mechanism is in place to gradually reduce the supply to 100,000,000 coins. Currently, the total supply of BNB is 157,900,174, with 157,886,280 tokens currently in circulation.
BNB use cases
In recent years, the use cases of BNB have expanded significantly, offering a range of functionalities. These include participating in governance proposals through voting, staking to contribute to the network's security, utilizing BNB as collateral for loans on decentralized finance (DeFi) platforms, and covering transaction fees within the Binance ecosystem. Furthermore, BNB is accepted as a form of payment for credit card transactions at select merchants who support it.
BNB distribution
BNB was introduced in July 2017, initially distributing 200,000,000 coins according to the following allocation:
Fifty percent of the supply was issued through an initial coin offering (ICO) held in 2017.
Forty percent of the supply was reserved for the foundation team.
Ten percent of the supply was distributed to angel investors.
Expanding the utility of the BNB Chain
The BNB community is dedicated to enhancing the BNB Chain by integrating side chains and implementing zk-rollups. These advancements aim to provide customized blockchain solutions and improve scalability, enabling efficient and high-performance operations. With these developments, there is optimism for a resurgence in interest and value for BNB, potentially approaching or surpassing its previous peak of $690.
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 18K new posts about BNB, driven by 7K contributors, and total online engagement reached 8.6M social interactions. The sentiment score for BNB currently stands at 80%. Compared to all cryptocurrencies, post volume for BNB currently ranks at 509. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of BNB.
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BNB FAQ
Is the Binance Smart Chain dependent on the Binance Chain?
No, the Binance Smart Chain (BSC) operates independently as a separate blockchain and is not dependent on the Binance Chain (BC). While they exist within the Binance ecosystem, the BSC is designed to maintain its technical and business capabilities, ensuring its continued operation even if the BC ceases its activities.
Is BNB part of Binance?
While Binance initially created BNB, it has evolved into more than just a part of the Binance platform. The BNB Chain has become an independent decentralized network with its own ecosystem and use cases, extending beyond its association with the Binance cryptocurrency exchange.
What is the BNB price prediction?
While it’s challenging to predict the exact future price of BNB, you can combine various methods like technical analysis, market trends, and historical data to make informed decisions.
How much is 1 BNB worth today?
Currently, one BNB is worth $665.40. For answers and insight into BNB's price action, you're in the right place. Explore the latest BNB charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as BNB, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as BNB have been created as well.
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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