Binance Launches Pioneering Crypto Exchange Solution for Wealth Managers
This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, Binance is excited to introduce Binance Wealth, the world’s first crypto exchange solution built to support wealth managers and their high-net-worth clients interested in expanding their investments into digital assets. Binance is the industry’s first digital asset exchange to introduce such a solution catered to wealth managers, further bridging the traditional and crypto markets and contributing to the growing institutional and private wealth adoption of digital assets. About Binance Wealth Binance Wealth provides wealth managers with an intuitive platform directly integrated within Binance, helping them oversee every step of their high-net-worth clients' crypto journey — from the KYC/KYB process to the advisory of their investments. Once successfully onboarded, end-clients have the flexibility to manage their investments by themselves or to allow their wealth manager to recommend investments, with an approval process ensuring every transaction is approved by the client. Benefits of Binance Wealth Exposure to the deepest crypto liquidity: Wealth managers and their end-clients benefit from the world’s largest and most trusted digital asset exchange to support their crypto investment journeyWorld-class crypto trading and yield products: Binance Wealth offers direct access to the industry’s leading spot and derivatives markets, as well as ETH staking. Unified investment dashboard: Wealth managers benefit from an intuitive platform to oversee all of their clients’ crypto investments in one place An experience akin to traditional finance: End-clients can entrust their wealth managers with their entire crypto investment journey and rest assured that they have the final say in every transaction. Getting Started With Binance Wealth Eligible wealth managers interested in gaining access to Binance Wealth can contact us via our contact form or directly via their Binance VIP representative. Thank you for your support! Binance Team 2024-10-29
PENDLE Price Surges, Analyst Projects $20 Target for Q4
The PENDLE price is up 12.5% today in what’s otherwise a pretty boring crypto market. This means the coin is now trading above $4.7.
This level represents a significant resistance point for PENDLE, having faced rejection twice before – once in July and again in September. The current price also marks PENDLE’s highest position since June.
Prominent crypto analyst Defi_Mochi, who commands a following of nearly 100,000 on X (formerly Twitter), shared insights on why PENDLE could reach $20 in Q4 – a potential 4x increase from current levels.
Why $PENDLE is heading for $20 this Q41/5 pic.twitter.com/UedsnCbosU
— Defi_Mochi (@defi_mochi) October 17, 2024
Growing Ecosystem and Market Position
PENDLE has established itself as a crucial liquidity provider across various crypto ecosystems. The platform has helped secure over $500 million in TVL (Total Value Locked) in the BTCfi ecosystem and facilitated more than $944 million in USDe through Ethena Labs alone. Its total TVL has reached an impressive $2.49 billion, enabling yield farming and fixed-yield opportunities.
With global liquidity on the rise and renewed interest in crypto markets, yield trading platforms are expected to gain momentum. PENDLE stands as the leading yield trading platform across crypto, having processed over $30 billion in cumulative yield trading volume.
Source: X/@defi_mochi
The upcoming Pendle V3 release is positioned to drive substantial growth in trading volume. Key features include yield trading markets across multiple chains and leveraged yield trading capabilities. The platform’s strategic partnerships are expected to further expand its TVL.
The analyst’s $20 price target factors in several metrics, including a Price to TVL ratio of 0.28 and a total staked to market cap percentage of 33%. The platform currently processes around $60 million in 24-hour trading volume. PENDLE’s presence on major exchanges like Upbit, Binance, and Bybit, along with partnerships with protocols like Sonic Labs, positions it to tap into significant liquidity pools.
Read also: Expert Predicts Uptrend for Kadena (KDA) and Dogecoin (DOGE) After Successful Retest: Key Levels Revealed
Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.Get all our future calls by joining our FREE Telegram group.
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The post PENDLE Price Surges, Analyst Projects $20 Target for Q4 appeared first on CaptainAltcoin.
This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, We are pleased to introduce the launch of a new Task Center on the Binance App, where users can earn points by completing simple tasks daily. Simply head to the Creator Center and click on the Check In icon. Activity Period: 2024-10-14 10:00 (UTC) to 2024-11-14 10:00 (UTC) How to Participate Note: Task Center is only available on the Binance App. Promotion A: Complete Daily Tasks to Earn Points All eligible users can complete each of the following tasks once every day during the Activity Period to earn the respective points on a first-come, first-served basis.
Note: For Task 1 under Promotion A, failure to check in consecutively will result in the streak ending and resetting back to day 1. An additional 3 points will be awarded to users who check in daily on the 7th consecutive day. Promotion B: New Square Users Exclusive - Complete Bonus Tasks to Earn More Points New Square users who have never completed the following tasks before the start of the Activity Period can participate in this Promotion. All points are awarded on a first-come, first-served basis.
Note: Each task can only be completed once. Terms & Conditions This Activity may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the Activity Period in order for the tasks to be completed. Users may qualify for rewards from all Promotions where applicable. The rewards for each Promotion are not mutually exclusive.Users will receive points upon completion of tasks and will be able to redeem their points via Profile > Rewards Hub. Points will expire on the last day of the same month a year later on a first-in, first-out basis.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to cancel a user’s eligibility in this activity if the account is involved in any behavior that breaches the Binance Square Community Management Guidelines or Binance Square Community Platform 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 to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.Binance reserves the right of final interpretation of this Activity.
CATIUSDT Trading Competition: Trade Perpetual Contracts and Grab Your Share of 20,000 USDT
Roll up your sleeves and get set for our CATIUSDT Trading Competition! Whether you're new to the trading scene or a seasoned trader, this event has something for everyone. Gear up for two distinct challenges designed to test your Derivatives trading skills and reward you with 20,000 USDT in prizes.
Event Period: Sep 20, 2024, 12PM (noon) UTC – Oct 4, 2024, 11:59PM UTC First things first — register for the event to be eligible for rewards!
Event 2: PnL Showdown — 14,000 USDT Prize Pool Enter the PnL Showdown and compete against fellow traders!
Challenge: Trade the CATIUSDT Perpetual Contract and accumulate a trading volume of at least $50,000. You'll be ranked based on your profit and loss (PnL).
Reward: The top 50 traders will share the 14,000 USDT prize pool:
$DODO is a decentralized exchange that makes it easy for users to buy, sell, and create digital assets. With its advanced technology, DODO ensures fair pricing and high liquidity for everyone involved. Why DODO Stands Out: - For Traders: Get the best prices with minimal price swings. - For Liquidity Providers: Reduce your risk of impermanent loss. - For Creators: Launch tokens without needing any technical skills. DODO and the Meme Coin Trend @DODO one-click token creation tool is a favorite for launching Meme coins, helping the sector grow and making it accessible for creators. Key Features of DODO: Easy Token Creation: Issue tokens with just one click - Self-Mining: Earn rewards by attracting liquidity. - Stable Prices: Enjoy more stable prices with the Pegged Pool feature. What’s Next for DODO? With upcoming developments like DODOchain and cross-chain trading, DODO is on track for major growth. Backed by strong investor support and a low market cap, DODO is ready to become a leader in decentralized finance. #DODOEmpowersMemeIssuance #BTCReboundsAfterFOMC #NeiroOnBinance #CATIonBinance
I analyzed 1000 Crypto ICOs. Here is What I Learned.
In this article, I share my insights from analyzing the price performance of hundreds of crypto projects at specific timestamps (days after public listing: 1, 10, 60, 365). The results are relevant both for investors in ICOs and for buyers of projects immediately after their public listing. Please note that this is not an academic study. Still, I believe the findings are of added value for crypto investors. And with that, let’s get started! The data I used for this analysis comes from https://coinmarketcap.com/ico-calendar/ended/. It consists of a total of 983 ICOs that took place between January and October. As you can see in the chart below, the majority of ICOs in this dataset happened in 2021 and 2022. This will become important when I interpret the data throughout this article.
The idea of PEPE reaching $1 sounds exciting, but let's look at the math. With 420.69 trillion PEPE coins in circulation, reaching $1 would mean a market value of $420.69 trillion! 🌍 That’s way more than the entire global economy.
Now, let’s compare PEPE with other big memecoins:
🔹 $DOGE 🐕 has a market cap of $0.15 trillion 🔹 $SHIB 🐶 is worth about $0.09 trillion 🔹 PEPE 🐸 currently has a market cap of $0.03 trillion
Altogether, memecoins have a total market cap of around $0.42 trillion 💰. So, PEPE reaching $1 is nearly impossible based on these numbers.
Instead, let’s focus on realistic goals 📈. PEPE can still grow, but aiming for smaller gains is a smarter move. This way, you can sell at the right time, while others might hold out for impossible dreams 🚀.
DODO: A Game Changer in Decentralized Finance
DODO X is a cutting-edge decentralized trading platform backed by top institutions like Binance Labs and Pantera Capital. It's designed to provide the best trading experience with a range of innovative features.
Key Features:
1. Multi-Function Platform: DODO offers liquidity pools, cross-chain trading, autonomous mining, and easy token creation, making it flexible for all kinds of users.
2. One-Click Coin Issuance & Meme Platform: DODO simplifies the coin issuance process, especially for Meme coins, which could attract developers and help grow the Web3 community.
3. Support for BTCFi & Meme Coins: DODO’s anchor pool, coin issuance, and self-mining features help support the growth of BTCFi assets and Meme coins, providing more flexibility and liquidity.
4. Growth Potential: With a low market cap but strong institutional backing, DODO has the potential to rise quickly in the decentralized finance space.
After the highly successful #Notcoin👀🔥 #AirdropBinance on Telegram, many similar projects have appeared, but not all of them are worth attention. So, I offer a list of projects that you definitely shouldn’t miss. I was prompted to compile this list by a post from an administrator of a crypto channel, where he shared that he spent 5 months on Hamster Kombat, ranked 153rd in the global ranking (among 250 million accounts!), and received only $100. A similar situation occurred with the Catizen
I analyzed 1000 Crypto ICOs. Here is What I Learned.
In this article, I share my insights from analyzing the price performance of hundreds of crypto projects at specific timestamps (days after public listing: 1, 10, 60, 365). The results are relevant both for investors in ICOs and for buyers of projects immediately after their public listing. Please note that this is not an academic study. Still, I believe the findings are of added value for crypto investors. And with that, let’s get started! The data I used for this analysis comes from https://co
No Sell-off Needed? Bitcoin Whales Buy Big While Old Holders Stay Put
The post No Sell-off Needed? Bitcoin Whales Buy Big While Old Holders Stay Put appeared first on Coinpedia Fintech News
Despite bearish market sentiment for Bitcoin (BTC), the world’s biggest cryptocurrency by market cap, it seems that this trend may not last for long. On September 17, 2024, the crypto analytic firm CryptoQuant shared a post on X (previously Twitter) indicating that new whales and Binance traders are actively capitalizing on the current market sentiment by significantly buying the dip.
Whales Buying the Bitcoin Dip
The post on X also noted that the old whales continue to hold their BTC. This market sentiment and current whale activity signal market stability and potential price growth in the coming days.
Source: CryptoQuant (X)
However, if we look at the recent whale transactions, it appears that whales are showing strong interest in buying Bitcoin. On September 16, 2024, First Digital Lab transferred nearly $80 million FDUSD to Binance, potentially to buy Bitcoin. If this happens, we may see a significant price rally.
2 hours ago, #First_Digital_Lab transferred 79.94M $FDUSD to #Binance.Last month, the same thing happened with 145.5M $FDUSD and $BTC increased 6.7% from $60k to $64k.Address:https://t.co/4lWVtdH05h pic.twitter.com/wMolLk6ceN
— The Data Nerd (@OnchainDataNerd) September 16, 2024
The last time the firm moved a significant $145.5 million FDUSD to Binance, the BTC price experienced a price jump of over 6.7% from $60,000 to $64,000.
Current Price Momentum
As of now, Bitcoin is trading near $57,800 and has experienced a price decline of over 3% in the last 24 hours. During the same period, its trading volume has skyrocketed by 125%, according to Coinmarketcap data. This rising trading volume signals higher participation from investors and traders amid the price decline.
Bitcoin Technical Analysis and Key Levels
According to expert technical analysis, BTC is at a crucial support level of $57,500 and is trading below the 200 Exponential Moving Average (EMA) on a daily time frame. The 200 EMA indicates whether an asset is in an uptrend or downtrend.
Source: Trading View
Based on the historical price momentum, if BTC closes its daily candle below the $57,000 level, there is a high possibility it could fall by another 5% to the $54,000 level in the coming days.
However, the BTC’s open interest has declined by 2%, indicating that traders are either liquidating their positions or hesitating to build new positions due to high volatility.
#BTC☀ Massive move... #MyHaters Where are you Gone...?? Massive $60k value hit.. Check my prediction .. $BTC 💯 Analysis prediction results .. $BTC /USDT is on FIRE! 🔥 Bitcoin ($BTC ) just blasted past the $60,000 mark, currently trading at $60,208.98, a staggering +3.60% surge! In the last 24 hours, BTC hit a high of $60,265.12, showing incredible strength with no signs of slowing down. After rebounding from a low of $57,493.30, Bitcoin's momentum is unstoppable, with volumes of over 24,724 BTC being traded! This breakout above $60K has traders buzzing—are we headed for new ATHs? Buckle up, because the next move could be massive! #NeiroOnBinance $BTC
Cryptocurrency investing offers new and exciting opportunities, but it’s also rife with scams and tech-savvy con artists. And since the crypto space remains largely unregulated, it’s often difficult to distinguish between genuine investment opportunities and scams. In just the first half of 2024, investment scams conned Canadians out of nearly $107 million—almost half of that ($51.6 million) via cryptocurrency scams, according to the Canadian Anti-Fraud Centre (CAFC). Crypto investments are the