THE CRYPTO WORLD 2
833 Posts
THE CRYPTO WORLD 2
binance square
Open Trade
3.3 Years
214 Following
3.5K+ Followers
3.4K+ Liked
Posts
Portfolio
All
Quotes
Videos
Bitcoin targets $125,000 as ETF inflows boost bullish momentum
Bitcoin exchange-traded fund (ETF) inflows and recovering market sentiment are fueling optimism for a continuation of the current bull run. Rally Targets Set Amid Institutional Demand At the latest check, Bitcoin traded at $79,310.83, recording a 24-hour increase of 1.10%. The total trading volume reached $48.11 billion, while market capitalization stood at $1.59 trillion, reflecting Bitcoin’s status as the leading cryptocurrency by value. Crypto analyst Wealthmanager observed that Bitcoin recently defended the $61,000 support
Bitcoin’s trading volume surging 82.98% to $109.11 billion. The open interest also climbed 1.52% to $55.59 billion, highlighting increased trader participation. | Metric | Previous | Current | Change | |---|---|---|---| | BTC trading volume | $59.63 billion | $109.11 billion | +82.98% | | Open interest | $54.77 billion | $55.59 billion | +1.52% | ETF Inflows Highlight Strong Institutional Interest Platform Wu Blockchain reported that spot Bitcoin ETFs recorded net inflows of $731 million on September 3, attributing much of this demand to heightened interest among institutional investors. BlackRock’s iShares Bitcoin Trust (IBIT) led the segment, drawing $454 million in net inflows, which reflected ongoing appetite for regulated Bitcoin products among large investors. Ethereum spot ETFs also attracted new capital. The total net inflow to Ethereum-based funds reached $141 million within the period. BlackRock’s ETHA ETF contributed the largest share, totaling $72.07 million in net investments.
Bitcoin exchange-traded fund (ETF) inflows and recovering market sentiment are fueling optimism for a continuation of the current bull run. Rally Targets Set Amid Institutional Demand At the latest check, Bitcoin traded at $79,310.83, recording a 24-hour increase of 1.10%. The total trading volume reached $48.11 billion, while market capitalization stood at $1.59 trillion, reflecting Bitcoin’s status as the leading cryptocurrency by value. Crypto analyst Wealthmanager observed that Bitcoin recently defended the $61,000 support
Bitcoin’s trading volume surging 82.98% to $109.11 billion. The open interest also climbed 1.52% to $55.59 billion, highlighting increased trader participation. | Metric | Previous | Current | Change | |---|---|---|---| | BTC trading volume | $59.63 billion | $109.11 billion | +82.98% | | Open interest | $54.77 billion | $55.59 billion | +1.52% | ETF Inflows Highlight Strong Institutional Interest Platform Wu Blockchain reported that spot Bitcoin ETFs recorded net inflows of $731 million on September 3, attributing much of this demand to heightened interest among institutional investors. BlackRock’s iShares Bitcoin Trust (IBIT) led the segment, drawing $454 million in net inflows, which reflected ongoing appetite for regulated Bitcoin products among large investors. Ethereum spot ETFs also attracted new capital. The total net inflow to Ethereum-based funds reached $141 million within the period. BlackRock’s ETHA ETF contributed the largest share, totaling $72.07 million in net investments.
21 Global Financial Firms Plan USD Stablecoin Launch in 2027
After years of stablecoins being primarily led by crypto-native companies, a group of major banks and financial institutions is preparing to bring stablecoins deeper into the traditional financial system. A group of 21 international financial institutions announced on September 1 that it plans to establish a new stablecoin enterprise in the second half of 2026, to issue a USD-pegged stablecoin in the first half of 2027. This plan places global banks in a market currently dominated by Tether and Circle, while testing the role of stablecoins in regulated payments and transaction settlement. Global Banks Prepare for a 2027 Stablecoin Launch A new company is expected to be established in the second half of 2026 to support the stablecoin’s issuance, marking a more concrete step by traditional finance after years of major banks primarily experimenting with tokenized deposits , blockchain settlement, or internal payment networks. The group of 21 participating institutions includes Bank of America, Capital One, Citi, Fidelity Investments, Goldman Sachs, PNC Financial Services, Scotiabank, TD Bank Group, Wells Fargo, WisdomTree, Banco Santander, BBVA, Commerzbank, Crédit Agricole, Deutsche Bank, Lloyds Banking Group, Rabobank, UBS, MUFG Bank, Sirius International Holding, and Standard Bank. The company has not yet announced its name, nor the token name, the blockchain to be used, the reserve structure, or the redemption terms. The press release noted that the establishment of the enterprise remains subject to necessary closing conditions. The First Token Will Track the Dollar The first planned product is a USD-pegged stablecoin scheduled to launch in the first half of 2027. Prioritizing the U.S. dollar reflects its overwhelming role in the stablecoin market, from liquidity and trading volume to its function as a pricing asset in the crypto market. The release stated that the initiative could expand to other G7
After years of stablecoins being primarily led by crypto-native companies, a group of major banks and financial institutions is preparing to bring stablecoins deeper into the traditional financial system. A group of 21 international financial institutions announced on September 1 that it plans to establish a new stablecoin enterprise in the second half of 2026, to issue a USD-pegged stablecoin in the first half of 2027. This plan places global banks in a market currently dominated by Tether and Circle, while testing the role of stablecoins in regulated payments and transaction settlement. Global Banks Prepare for a 2027 Stablecoin Launch A new company is expected to be established in the second half of 2026 to support the stablecoin’s issuance, marking a more concrete step by traditional finance after years of major banks primarily experimenting with tokenized deposits , blockchain settlement, or internal payment networks. The group of 21 participating institutions includes Bank of America, Capital One, Citi, Fidelity Investments, Goldman Sachs, PNC Financial Services, Scotiabank, TD Bank Group, Wells Fargo, WisdomTree, Banco Santander, BBVA, Commerzbank, Crédit Agricole, Deutsche Bank, Lloyds Banking Group, Rabobank, UBS, MUFG Bank, Sirius International Holding, and Standard Bank. The company has not yet announced its name, nor the token name, the blockchain to be used, the reserve structure, or the redemption terms. The press release noted that the establishment of the enterprise remains subject to necessary closing conditions. The First Token Will Track the Dollar The first planned product is a USD-pegged stablecoin scheduled to launch in the first half of 2027. Prioritizing the U.S. dollar reflects its overwhelming role in the stablecoin market, from liquidity and trading volume to its function as a pricing asset in the crypto market. The release stated that the initiative could expand to other G7
hello guys support me
LUNU 2027 jump 1$ Terra Classic price f
After a sudden dip that erased some of the gains that cryptocurrencies made over the previous months, the market is recovering, and one among those that are healing the quickest is Terra Classic (LUNC)
In light of the prevailing conditions, Finbold sought assistance from CoinCodex to leverage its AI-driven machine-learning algorithms for analyzing the anticipated price of LUNC by the end of the month
These algorithms assess dynamic market conditions and meticulously examine pertinent indicators to predict the probability of the cryptocurrency gaining value by the end of January
According to the algorithms, the projected price for LUNC is expected to increase to $0.000150 by January 31, reflecting a 14.50% rise from its present level of $0.000131 as of the time of writing
The lower timeframes of LUNC are currently indicating a sustained bullish trend, suggesting the potential for a significant upward movement in the near future. This trend may be signaling a potential tenfold increase from its current levels
Drawing insights from the previous breakout, there is a possibility of prices experiencing a further increase of over 1008%, reaching levels around $0.001553 and potentially surpassing them, as per crypto analyst Javon Marks X post on January 1
The cryptocurrency has successfully broken free from its previous downward trend and is currently in a consolidation phase, poised for its next developmental stage
Notably, the MACD indicator’s DIF (Difference) and DEA (Signal) lines have undergone further compression, suggesting an ongoing adjustment in trigger timing to align with the prevailing market conditions, per crypto market analyst Derek’s post on January 5
At the time of writing, LUNC was trading at $0.000131, reflecting a decline of 7.69% in the last 24 hours, contrary to losses of -8.63% over the preceding week and contrary to a decrease of -35.55% in the past 30 days
After a sudden dip that erased some of the gains that cryptocurrencies made over the previous months, the market is recovering, and one among those that are healing the quickest is Terra Classic (LUNC)
In light of the prevailing conditions, Finbold sought assistance from CoinCodex to leverage its AI-driven machine-learning algorithms for analyzing the anticipated price of LUNC by the end of the month
These algorithms assess dynamic market conditions and meticulously examine pertinent indicators to predict the probability of the cryptocurrency gaining value by the end of January
According to the algorithms, the projected price for LUNC is expected to increase to $0.000150 by January 31, reflecting a 14.50% rise from its present level of $0.000131 as of the time of writing
The lower timeframes of LUNC are currently indicating a sustained bullish trend, suggesting the potential for a significant upward movement in the near future. This trend may be signaling a potential tenfold increase from its current levels
Drawing insights from the previous breakout, there is a possibility of prices experiencing a further increase of over 1008%, reaching levels around $0.001553 and potentially surpassing them, as per crypto analyst Javon Marks X post on January 1
The cryptocurrency has successfully broken free from its previous downward trend and is currently in a consolidation phase, poised for its next developmental stage
Notably, the MACD indicator’s DIF (Difference) and DEA (Signal) lines have undergone further compression, suggesting an ongoing adjustment in trigger timing to align with the prevailing market conditions, per crypto market analyst Derek’s post on January 5
At the time of writing, LUNC was trading at $0.000131, reflecting a decline of 7.69% in the last 24 hours, contrary to losses of -8.63% over the preceding week and contrary to a decrease of -35.55% in the past 30 days
BTC
HMRC confirms it'll receive details on people who hold crypto within weeks
HMRC will receive data from January 2027, helping to identify cryptoasset gains and income that have not been declared.
HMRC has confirmed it will receive data on cryptoasset holders from next year. From January 2026, the UK be...
HMRC confirms it'll receive details on people who hold crypto within weeks
HMRC will receive data from January 2027, helping to identify cryptoasset gains and income that have not been declared.
HMRC has confirmed it will receive data on cryptoasset holders from next year. From January 2026, the UK be...
binance the number crypto currency exchange platform
Binance News
·
--
VeriSilicon Posts 91.37% Revenue Growth in H1, But Net Loss Widens to 612 Million Yuan
VeriSilicon reported first-half revenue of 1.864 billion yuan, up 91.37% year on year and a record for the period, but its net loss widened to 612 million yuan from 320 million yuan a year earlier, according to Jiemian News. The company said new orders signed from the start of the year through August 17 reached 15.142 billion yuan, and it expects adjusted EBITDA to turn positive in the second half and full-year adjusted net profit to turn positive next year.
The chip design and IP company said first-half revenue growth was driven mainly by mass-production services, which generated 1.163 billion yuan, up 185.29%, while design services brought in 350 million yuan, IP licensing fees 293 million yuan and IP royalty income 56 million yuan. Gross margin fell about 12 percentage points to 31.34% as the revenue mix changed. VeriSilicon also said first-half R&D spending rose 47.06% to 941 million yuan, while share-based payment expenses jumped to 133 million yuan. On August 9, it proposed a 2026 restricted-share incentive plan for up to 5.148 million shares, and on August 11 the Shanghai Stock Exchange issued a regulatory work letter on the plan.
The chip design and IP company said first-half revenue growth was driven mainly by mass-production services, which generated 1.163 billion yuan, up 185.29%, while design services brought in 350 million yuan, IP licensing fees 293 million yuan and IP royalty income 56 million yuan. Gross margin fell about 12 percentage points to 31.34% as the revenue mix changed. VeriSilicon also said first-half R&D spending rose 47.06% to 941 million yuan, while share-based payment expenses jumped to 133 million yuan. On August 9, it proposed a 2026 restricted-share incentive plan for up to 5.148 million shares, and on August 11 the Shanghai Stock Exchange issued a regulatory work letter on the plan.
BTC💪♥️🚀🚀🚀🚀
Strategy Makes $1.34B Bitcoin Buy, Adding Another 13,390 BTC
The $1.34 billion purchase was funded through sales of common stock and STRK preferred shares between May 5 and May 11
Fresh off the heels of last week's Strategy Conference, Strategy (MSTR) has resumed its bitcoin (BTC) accumulation, purchasing an additional 13,390 BTC. The company spent approximately $1.34 billion at an average price of $99,856 per bitcoin, according to a filing published on Monday
This latest acquisition brings Strategy’s total bitcoin holdings to 568,840 BTC, now worth over $59 billion based on the current bitcoin price of around $104,000. The average purchase price across the company’s entire stack has now adjusted to $69,287
The purchase was funded through two capital-raising mechanisms: an at-the-market (ATM) offering of its Class A common stock, and the issuance of shares from its Series STRK preferred stock. Between May 5 and May 11, the company raised $1.31 billion through the sale of common stock and issued 273,987 shares of the preferred stock series.
Shares of MSTR are trading 2% higher in pre-market hours.
Strategy Makes $1.34B Bitcoin Buy, Adding Another 13,390 BTC
The $1.34 billion purchase was funded through sales of common stock and STRK preferred shares between May 5 and May 11
Fresh off the heels of last week's Strategy Conference, Strategy (MSTR) has resumed its bitcoin (BTC) accumulation, purchasing an additional 13,390 BTC. The company spent approximately $1.34 billion at an average price of $99,856 per bitcoin, according to a filing published on Monday
This latest acquisition brings Strategy’s total bitcoin holdings to 568,840 BTC, now worth over $59 billion based on the current bitcoin price of around $104,000. The average purchase price across the company’s entire stack has now adjusted to $69,287
The purchase was funded through two capital-raising mechanisms: an at-the-market (ATM) offering of its Class A common stock, and the issuance of shares from its Series STRK preferred stock. Between May 5 and May 11, the company raised $1.31 billion through the sale of common stock and issued 273,987 shares of the preferred stock series.
Shares of MSTR are trading 2% higher in pre-market hours.
#TradingAnalysis101
How High Can Pi Network Price Go If Listed on Binance?
Pi Network (PI) price is experiencing a notable surge despite a broader crypto market decline. Over the past 24 hours, PI has risen 5%, defying the downturn. Market volatility has surrounded Pi Network, with wild price swings sparking debates about its future. Despite uncertainties, many investors remain confident in its potential.
Since its listing on multiple Pi exchanges on February 20, PI has shown high volatility. Investors are closely watching for a potential Binance listing, which could further impact its price. The anticipation of a major exchange listing continues to drive speculation, keeping PI in focus despite ongoing market fluctuations
If Listed On Binance, How High Can Pi Network Price Go?
Pi Network recently gained attention after Binance held a community vote from February 17 to February 27 for its potential listing. Verified users with at least $5 in assets participated via Binance Square. The vote ended with 86% of 294,955 voters supporting the listing. However, Binance stated that the results were “for reference,” leading to uncertainty within the community.
On March 8, Binance introduced a new co-governance mechanism for token listings and delistings. This system allows the community to provide input on future listings. Binance acknowledged receiving suggestions from users and announced updates to its listing process following evaluations. The Pi Network community remains optimistic about a potential listing under the new framework.
Currently, Pi Network is listed on major exchanges such as OKX, Bitget, MEXC, and Gate.io. However, tier-1 platforms like Binance, Coinbase, Upbit, Crypto.com, and Kraken have yet to add the token
Pi Network’s market capitalization stands at $9.85 billion, securing the 11th position in global rankings. Its price movement remains closely watched as speculation continues regarding a possible Binance listing. The exchange’s updated approach may influence the token’s future accessibility and valuation
How High Can Pi Network Price Go If Listed on Binance?
Pi Network (PI) price is experiencing a notable surge despite a broader crypto market decline. Over the past 24 hours, PI has risen 5%, defying the downturn. Market volatility has surrounded Pi Network, with wild price swings sparking debates about its future. Despite uncertainties, many investors remain confident in its potential.
Since its listing on multiple Pi exchanges on February 20, PI has shown high volatility. Investors are closely watching for a potential Binance listing, which could further impact its price. The anticipation of a major exchange listing continues to drive speculation, keeping PI in focus despite ongoing market fluctuations
If Listed On Binance, How High Can Pi Network Price Go?
Pi Network recently gained attention after Binance held a community vote from February 17 to February 27 for its potential listing. Verified users with at least $5 in assets participated via Binance Square. The vote ended with 86% of 294,955 voters supporting the listing. However, Binance stated that the results were “for reference,” leading to uncertainty within the community.
On March 8, Binance introduced a new co-governance mechanism for token listings and delistings. This system allows the community to provide input on future listings. Binance acknowledged receiving suggestions from users and announced updates to its listing process following evaluations. The Pi Network community remains optimistic about a potential listing under the new framework.
Currently, Pi Network is listed on major exchanges such as OKX, Bitget, MEXC, and Gate.io. However, tier-1 platforms like Binance, Coinbase, Upbit, Crypto.com, and Kraken have yet to add the token
Pi Network’s market capitalization stands at $9.85 billion, securing the 11th position in global rankings. Its price movement remains closely watched as speculation continues regarding a possible Binance listing. The exchange’s updated approach may influence the token’s future accessibility and valuation
120k$ +
Binance Square Official
·
--
Predict BTC Price & Win up to $300 USDC!
🚀 Bitcoin has rocketed past 109k, smashing ATHs! Where's it going next?
Drop your prediction for this week's $BTC closing price in the comments of this post 👇
🎁The top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now!
*Campaign Period: 2025-01-20 07:30 to 2025-01-26 20:00 (UTC)
‼️Ensure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry.
Terms and Conditions:
This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod. Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-26 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at 2025-01-26 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of same predictions by multiple users, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 14 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant. Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelinesor Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.
Drop your prediction for this week's $BTC closing price in the comments of this post 👇
🎁The top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now!
*Campaign Period: 2025-01-20 07:30 to 2025-01-26 20:00 (UTC)
‼️Ensure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry.
Terms and Conditions:
This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod. Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-26 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at 2025-01-26 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of same predictions by multiple users, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 14 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant. Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelinesor Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.
A very good one binance❤️🔥❤️🔥
Binance Square Official
·
--
Predict BTC Price & Win up to $300 USDC!
🚀 Bitcoin has rocketed past 109k, smashing ATHs! Where's it going next?
Drop your prediction for this week's $BTC closing price in the comments of this post 👇
🎁The top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now!
*Campaign Period: 2025-01-20 07:30 to 2025-01-26 20:00 (UTC)
‼️Ensure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry.
Terms and Conditions:
This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod. Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-26 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at 2025-01-26 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of same predictions by multiple users, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 14 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant. Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelinesor Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.
Drop your prediction for this week's $BTC closing price in the comments of this post 👇
🎁The top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now!
*Campaign Period: 2025-01-20 07:30 to 2025-01-26 20:00 (UTC)
‼️Ensure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry.
Terms and Conditions:
This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod. Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-26 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at 2025-01-26 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of same predictions by multiple users, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 14 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant. Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelinesor Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.
Bitcoin analysts warn of $95K ‘bear trap’ despite record $102K monthly close
Bitcoin may be headed to a “bear trap” below $95,000 despite staging its first monthly close above $100,000
Bitcoin
BTC
$98,300
fell below the $100,000 psychological mark on Feb. 2 for the first time since Jan. 27 Cointelegraph Markets Pro data shows
The decline comes amid inflation concerns after President Donald Trump imposed import tariffs on goods from China,Canada and Mexico
However the dip could be the start of a wider correction, potentially taking Bitcoin to $95,000, according to Ryan Lee chief analyst at Bitget Research
On the downside, the $95,000 range remains a critical support area. The interplay between labor market trends, Fed policy expectations, and market sentiment will be the main catalysts to monitor in the coming weeks,Lee told Cointelegraph
However, Bitcoin could see more upside in February if next week’s labor market data points to a sluggish economy,added the analyst
The US Bureau of Labor Statistics is set to publish its US labor market report on Feb. 7 Weakening labor market data may strengthen the case for a rate cut by the Federal Reserve, which creates a more supportive environment for Bitcoin according to Lee
Bitcoin secures record monthly close above $102,000
However, Bitcoin recorded its first monthly close above $100,000 in crypto history in January
Bitcoin closed the month above $102,412 which is over 6% higher than its previous record monthly close of 96,441 registered in November 2024
Some analysts believe that Bitcoin’s current correction may only be a bear trap, including popular crypto analyst Sensei, who shared the below chart in a Feb 2 X post
Despite the potential for a short-term correction, Bitcoin’s prospects remain bullish for the rest of 2025, especially after spot Bitcoin exchange-traded funds ETF surpassed a record $125 billion milestone just over a year after they first debuted for trading in the US on Jan. 11, 2024
Analyst predictions for the rest of the 2025 market cycle range from $160,000 to above $180,000
Bitcoin may be headed to a “bear trap” below $95,000 despite staging its first monthly close above $100,000
Bitcoin
BTC
$98,300
fell below the $100,000 psychological mark on Feb. 2 for the first time since Jan. 27 Cointelegraph Markets Pro data shows
The decline comes amid inflation concerns after President Donald Trump imposed import tariffs on goods from China,Canada and Mexico
However the dip could be the start of a wider correction, potentially taking Bitcoin to $95,000, according to Ryan Lee chief analyst at Bitget Research
On the downside, the $95,000 range remains a critical support area. The interplay between labor market trends, Fed policy expectations, and market sentiment will be the main catalysts to monitor in the coming weeks,Lee told Cointelegraph
However, Bitcoin could see more upside in February if next week’s labor market data points to a sluggish economy,added the analyst
The US Bureau of Labor Statistics is set to publish its US labor market report on Feb. 7 Weakening labor market data may strengthen the case for a rate cut by the Federal Reserve, which creates a more supportive environment for Bitcoin according to Lee
Bitcoin secures record monthly close above $102,000
However, Bitcoin recorded its first monthly close above $100,000 in crypto history in January
Bitcoin closed the month above $102,412 which is over 6% higher than its previous record monthly close of 96,441 registered in November 2024
Some analysts believe that Bitcoin’s current correction may only be a bear trap, including popular crypto analyst Sensei, who shared the below chart in a Feb 2 X post
Despite the potential for a short-term correction, Bitcoin’s prospects remain bullish for the rest of 2025, especially after spot Bitcoin exchange-traded funds ETF surpassed a record $125 billion milestone just over a year after they first debuted for trading in the US on Jan. 11, 2024
Analyst predictions for the rest of the 2025 market cycle range from $160,000 to above $180,000
Ethereum trader earns $16M as ETH price falls to $3K
A savvy cryptocurrency trader has made nearly $16 million by capitalizing on Ether’s price decline.
The trader generated $15.7 million worth of unrealized profit on a leveraged Ether
ETH
$3,057
short position, which involves “borrowing” the underlying cryptocurrency from a broker, selling it at the current price and then repurchasing it once the price falls — a strategy used by traders to bet on the price decline of an asset
The trader opened the 50x leveraged short position when ETH traded at $3,388, with a liquidation threshold of $4,645, Hypurrscan data shows
The trader earned an additional $2.3 million worth of funding fees on their leveraged position.
While leveraged trading can potentially increase returns, it can significantly amplify downside risks and lead to the loss of the initial investment
In January 2024, a pseudonymous trader lost over $161,000 worth of funds in a single trade after being liquidated on a leveraged position, illustrating the risks of leveraged trading.
A savvy cryptocurrency trader has made nearly $16 million by capitalizing on Ether’s price decline.
The trader generated $15.7 million worth of unrealized profit on a leveraged Ether
ETH
$3,057
short position, which involves “borrowing” the underlying cryptocurrency from a broker, selling it at the current price and then repurchasing it once the price falls — a strategy used by traders to bet on the price decline of an asset
The trader opened the 50x leveraged short position when ETH traded at $3,388, with a liquidation threshold of $4,645, Hypurrscan data shows
The trader earned an additional $2.3 million worth of funding fees on their leveraged position.
While leveraged trading can potentially increase returns, it can significantly amplify downside risks and lead to the loss of the initial investment
In January 2024, a pseudonymous trader lost over $161,000 worth of funds in a single trade after being liquidated on a leveraged position, illustrating the risks of leveraged trading.
Bitcoin tumbles will be ‘less abrupt’ after realized profit drops 76%
Bitcoin’s daily realized profit metric has fallen 76% since the initial hype about $100,000 Bitcoin began to wane, according to crypto analysts
Near-term Bitcoin price dips probably won’t be as deep as last week’s 10% plunge, as selling pressure has significantly eased since its first spike above six figures, according to one crypto analysis. Others remain skeptical
With such a decline in realized profit and sell-side pressure, we can expect future declines to be less abrupt than the one experienced last week,” Bitfinex analysts said in a Dec. 9 markets report
On Dec. 6, over 24 hours, Bitcoin (BTC) dropped almost 10% from $103,493 to under $93,000, just one day after surpassing the $100,000 price level for the first time on Dec. 5, according to CoinMarketCap data
Bitcoin is up 0.34% over the past seven days. Source: CoinMarketCap
Cointelegraph reported that the sudden price decline from $98,338 to $92,957 triggered over $303.5 million in liquidations of long positions within the hour, pushing total liquidations over the 24 hours to $404 million.
Bitcoin’s daily realized profit metric has fallen 76% since the initial hype about $100,000 Bitcoin began to wane, according to crypto analysts
Near-term Bitcoin price dips probably won’t be as deep as last week’s 10% plunge, as selling pressure has significantly eased since its first spike above six figures, according to one crypto analysis. Others remain skeptical
With such a decline in realized profit and sell-side pressure, we can expect future declines to be less abrupt than the one experienced last week,” Bitfinex analysts said in a Dec. 9 markets report
On Dec. 6, over 24 hours, Bitcoin (BTC) dropped almost 10% from $103,493 to under $93,000, just one day after surpassing the $100,000 price level for the first time on Dec. 5, according to CoinMarketCap data
Bitcoin is up 0.34% over the past seven days. Source: CoinMarketCap
Cointelegraph reported that the sudden price decline from $98,338 to $92,957 triggered over $303.5 million in liquidations of long positions within the hour, pushing total liquidations over the 24 hours to $404 million.
BITCOIN
Is Terra Luna Price Recovering in 2024
Volatility in the cryptocurrency market is the order of the day, and Terra Luna Classic (LUNA) has stood out as one of its most captivating narratives. After declining massively in 2022, Terra Luna is trying to make a comeback in 2024. Falling by 100% from its peak 2 years ago, to soaring in value by over 20% in the past month, LUNC price trajectory is worth investigating. This article explores the reasons for this possible comeback, analyzing technical analysis, market sentiment, and recent developments in the Terra ecosystem
Terra Luna, a project of Terraform Labs, has stood out in the crypto industry for its unique strategy with stablecoins. The main purpose of the platform was to transform digital payments through developing algorithmic stablecoins tied to various fiat currencies, supported by the LUNA token
However, in May 2022, Terra Luna encountered a major setback, when its stablecoin UST deviated from its target price. This led to LUNA collapsing drastically in value
This occurrence greatly damaged investor trust and prompted Terraform Labs to make a significant rebranding push to regain confidence in the network.
Market Performance of Terra Luna
In 2024, Terra Classic (LUNC) demonstrated a significant bounce back, being traded at $0.0001211 and holding a market capitalization of $701.54 million
In the previous week, LUNC price has experienced an 8% increase, maintaining a favorable pattern with a 24.55% growth in the last month and a 43.66% rise in the last year
Despite of LUNC trading 100% lower than its all time high of $119.18 it achieved two years ago, its recovery is fueled by growing market confidence and rejuvenated investor enthusiasm
Understanding price trends is essential and moving averages play a vital role in achieving this. The EMA and SMA for LUNC show a positive outlook
Although the 100-day SMA indicates a sell signal, shorter-term moving averages point to a buying trend, signaling a possible short-term uptrend.
Volatility in the cryptocurrency market is the order of the day, and Terra Luna Classic (LUNA) has stood out as one of its most captivating narratives. After declining massively in 2022, Terra Luna is trying to make a comeback in 2024. Falling by 100% from its peak 2 years ago, to soaring in value by over 20% in the past month, LUNC price trajectory is worth investigating. This article explores the reasons for this possible comeback, analyzing technical analysis, market sentiment, and recent developments in the Terra ecosystem
Terra Luna, a project of Terraform Labs, has stood out in the crypto industry for its unique strategy with stablecoins. The main purpose of the platform was to transform digital payments through developing algorithmic stablecoins tied to various fiat currencies, supported by the LUNA token
However, in May 2022, Terra Luna encountered a major setback, when its stablecoin UST deviated from its target price. This led to LUNA collapsing drastically in value
This occurrence greatly damaged investor trust and prompted Terraform Labs to make a significant rebranding push to regain confidence in the network.
Market Performance of Terra Luna
In 2024, Terra Classic (LUNC) demonstrated a significant bounce back, being traded at $0.0001211 and holding a market capitalization of $701.54 million
In the previous week, LUNC price has experienced an 8% increase, maintaining a favorable pattern with a 24.55% growth in the last month and a 43.66% rise in the last year
Despite of LUNC trading 100% lower than its all time high of $119.18 it achieved two years ago, its recovery is fueled by growing market confidence and rejuvenated investor enthusiasm
Understanding price trends is essential and moving averages play a vital role in achieving this. The EMA and SMA for LUNC show a positive outlook
Although the 100-day SMA indicates a sell signal, shorter-term moving averages point to a buying trend, signaling a possible short-term uptrend.
insists its virtual mempool is different, and is necessary for addressing Ethereum's large hidden costs.
"We're not going to try to take over Ethereum or something," said Linehan, "but there's no way that this becomes the base layer for the future of the global economy if it's wasting $400 million of its users' money every year on things that literally do nothing for them. That's pure waste
When a user tells a blockchain wallet to submit a transaction to a chain like Ethereum, they are typically sending that transaction to a public mempool – a waiting area for yet-to-be-confirmed transactions operated by a decentralized network of bots and traders. "Block builders" and "searchers" work together to assemble transactions into bundles, called blocks, which eventually get written to the blockchain's digital ledger
Builders and searchers scour the mempool for profitable trading opportunities and will sometimes re-order transactions or squeeze their own trades into blocks to extract an extra profit for themselves. This phenomenon, "maximal extractable value," can sometimes lead to higher costs, failed transactions and slow-downs for everyday blockchain users
Metamask will leverage some of these same operators – builders and searchers – to power its virtual mempool. Unlike on Ethereum's public mempool, the virtual mempool's builders and searchers will be financially penalized if they fail to execute transactions at the prices quoted by MetaMask to users
Linehan says "95%" of the builders and searchers that currently operate Ethereum have already opted into its virtual mempool program, which will begin rolling out in phases over the course of this week. A more limited version of the tech, "Smart Swaps," has already been available for several months
The size of MetaMask's virtual mempool network – combined with its transparent inner workings and novel incentive scheme – makes it wholly unique from conventional private mempools, said Linehan
In addition to ensuring better prices for users, Linehan says that the Smart Transactions feature will make it easier for
"We're not going to try to take over Ethereum or something," said Linehan, "but there's no way that this becomes the base layer for the future of the global economy if it's wasting $400 million of its users' money every year on things that literally do nothing for them. That's pure waste
When a user tells a blockchain wallet to submit a transaction to a chain like Ethereum, they are typically sending that transaction to a public mempool – a waiting area for yet-to-be-confirmed transactions operated by a decentralized network of bots and traders. "Block builders" and "searchers" work together to assemble transactions into bundles, called blocks, which eventually get written to the blockchain's digital ledger
Builders and searchers scour the mempool for profitable trading opportunities and will sometimes re-order transactions or squeeze their own trades into blocks to extract an extra profit for themselves. This phenomenon, "maximal extractable value," can sometimes lead to higher costs, failed transactions and slow-downs for everyday blockchain users
Metamask will leverage some of these same operators – builders and searchers – to power its virtual mempool. Unlike on Ethereum's public mempool, the virtual mempool's builders and searchers will be financially penalized if they fail to execute transactions at the prices quoted by MetaMask to users
Linehan says "95%" of the builders and searchers that currently operate Ethereum have already opted into its virtual mempool program, which will begin rolling out in phases over the course of this week. A more limited version of the tech, "Smart Swaps," has already been available for several months
The size of MetaMask's virtual mempool network – combined with its transparent inner workings and novel incentive scheme – makes it wholly unique from conventional private mempools, said Linehan
In addition to ensuring better prices for users, Linehan says that the Smart Transactions feature will make it easier for
Popular Crypto Wallet MetaMask Rolls Out 'Smart Transactions' to Combat Ethereum Front-Running
MetaMask, the most popular crypto wallet for Ethereum, is rolling out a new feature this week designed to help users avoid the consequences of maximal extractable value, or MEV
The optional new feature, called Smart Transactions, will allow users to submit transactions to a "virtual mempool" before they are officially cemented on-chain. According to Consensys, the company behind MetaMask, the virtual mempool will protect against certain kinds of MEV strategies, and it will run behind-the-scenes simulations of transactions to help users get lower fees
MEV is extra profit that blockchain operators can extract from users by previewing or re-ordering transactions before they are written to the network, sometimes likened to the unsavory practice of front-running orders in traditional financial markets. MEV has a major impact on how Ethereum operates – boosting prices for users, slowing down transaction speeds, and even causing transactions to fail under certain network conditions
There's $400 million every year that are being wasted on reverting transactions, stuck transactions, and just very obviously predatory MEV front-running and sandwich attacks," Jason Linehan, director of the Special Mechanisms Group division of Consensys, said in an interview
Everyone agrees it's a huge problem," said Linehan. "From a user experience perspective, the idea that you pay for a transaction that does nothing, that's, like, nonsensical."
MetaMask's solution – its virtual mempool – bears some resemblance to a private mempool, which has become an increasingly popular strategy for ensuring transaction privacy and protecting against MEV. It's the platform's first step in a much more ambitious roadmap, which CoinDesk reported on earlier this year, to radically shift how MetaMask routes transactions to Ethereum under the hood
Private mempool services can sometimes raise centralization concerns since they allow middlemen to touch transactions before they are published to Ethereum. Consensys
MetaMask, the most popular crypto wallet for Ethereum, is rolling out a new feature this week designed to help users avoid the consequences of maximal extractable value, or MEV
The optional new feature, called Smart Transactions, will allow users to submit transactions to a "virtual mempool" before they are officially cemented on-chain. According to Consensys, the company behind MetaMask, the virtual mempool will protect against certain kinds of MEV strategies, and it will run behind-the-scenes simulations of transactions to help users get lower fees
MEV is extra profit that blockchain operators can extract from users by previewing or re-ordering transactions before they are written to the network, sometimes likened to the unsavory practice of front-running orders in traditional financial markets. MEV has a major impact on how Ethereum operates – boosting prices for users, slowing down transaction speeds, and even causing transactions to fail under certain network conditions
There's $400 million every year that are being wasted on reverting transactions, stuck transactions, and just very obviously predatory MEV front-running and sandwich attacks," Jason Linehan, director of the Special Mechanisms Group division of Consensys, said in an interview
Everyone agrees it's a huge problem," said Linehan. "From a user experience perspective, the idea that you pay for a transaction that does nothing, that's, like, nonsensical."
MetaMask's solution – its virtual mempool – bears some resemblance to a private mempool, which has become an increasingly popular strategy for ensuring transaction privacy and protecting against MEV. It's the platform's first step in a much more ambitious roadmap, which CoinDesk reported on earlier this year, to radically shift how MetaMask routes transactions to Ethereum under the hood
Private mempool services can sometimes raise centralization concerns since they allow middlemen to touch transactions before they are published to Ethereum. Consensys
join for everyone🤑🤑🤑🤑
Binance Live
·
--
Join us on #Binance Live today for a Binance Clubhouse recap!
🗓️ April 23, 2024.
⏰ 12:00pm UTC
Catch up on AMAs with #Binance leaders, as well as presentations from our sponsors, and much more!
Set a reminder ⤵️
Binance Clubhouse at TOKEN2049
🗓️ April 23, 2024.
⏰ 12:00pm UTC
Catch up on AMAs with #Binance leaders, as well as presentations from our sponsors, and much more!
Set a reminder ⤵️
Binance Clubhouse at TOKEN2049
Bitcoin is Pricing in Two Fed Rate Cuts For 2024, Trader Says
Bitcoin remains above $70K as Asia begins its trading day
One trader told CoinDesk that its too early to tell if slowing GBTC outflows will be a positive sign for bitcoin's price
Bitcoin (BTC) looks to extend Wednesday's gain, trading near $70,800 while ether {{ETH}} changed hands above $3,500 as the market continues to digest a higher-than-expected U.S. CPI and slowing outflows from the Grayscale Bitcoin Trust (GBTC)
Bitcoin exhibited strength against a hawkish CPI report and strong inflation data seeing only a retracement back down to $67,000 following the fed minutes announcement," Semir Gabeljic, director of Capital Formation at Pythagoras Investments, said in an email note. "[Still] The drop of -2% from Monday's retest of $73,000 showcases risk assets, including BTC, pricing in two rate cuts instead of three for the remainder of 2024
Bettors on decentralized predictions platform Polymarket seem to be evenly split on the number of rate cuts by the end of 2024
Twenty-six percent of bettors have put money on there being one cut, while 28% believe there will be two cuts, and 21% bet on no cuts at all.
Meanwhile, Jun-Young Heo, a derivative trader at Singapore-based Presto, pointed out that the market recovered quickly after the higher-than-expected CPI announcement compared to gold or the S&P 500 index.
The implied volatility of options expiring on April 26th is still trading at a premium while recent historical volatility is still trending down, Heo noted.
Some market participants are noting that bitcoin prices are reacting favorably to slower than usual outflows from the Grayscale Bitcoin Trust (GBTC)
On-chain data shows that outflow from GBTC is at $18 million, which is the lowest since the launch of the U.S. bitcoin ETFs.
"But we need to see a few more dates to find out whether GBTC outflows are becoming negligible amount since it has a higher fee than any other ETFs," Heo added
Bitcoin remains above $70K as Asia begins its trading day
One trader told CoinDesk that its too early to tell if slowing GBTC outflows will be a positive sign for bitcoin's price
Bitcoin (BTC) looks to extend Wednesday's gain, trading near $70,800 while ether {{ETH}} changed hands above $3,500 as the market continues to digest a higher-than-expected U.S. CPI and slowing outflows from the Grayscale Bitcoin Trust (GBTC)
Bitcoin exhibited strength against a hawkish CPI report and strong inflation data seeing only a retracement back down to $67,000 following the fed minutes announcement," Semir Gabeljic, director of Capital Formation at Pythagoras Investments, said in an email note. "[Still] The drop of -2% from Monday's retest of $73,000 showcases risk assets, including BTC, pricing in two rate cuts instead of three for the remainder of 2024
Bettors on decentralized predictions platform Polymarket seem to be evenly split on the number of rate cuts by the end of 2024
Twenty-six percent of bettors have put money on there being one cut, while 28% believe there will be two cuts, and 21% bet on no cuts at all.
Meanwhile, Jun-Young Heo, a derivative trader at Singapore-based Presto, pointed out that the market recovered quickly after the higher-than-expected CPI announcement compared to gold or the S&P 500 index.
The implied volatility of options expiring on April 26th is still trading at a premium while recent historical volatility is still trending down, Heo noted.
Some market participants are noting that bitcoin prices are reacting favorably to slower than usual outflows from the Grayscale Bitcoin Trust (GBTC)
On-chain data shows that outflow from GBTC is at $18 million, which is the lowest since the launch of the U.S. bitcoin ETFs.
"But we need to see a few more dates to find out whether GBTC outflows are becoming negligible amount since it has a higher fee than any other ETFs," Heo added
Only USDT
MGQDYZK2
MGQDYZK2
Log in to explore more content