Binance Market Update: Top Stories January 1 , 2025
According to CoinMarketCap data, the global crypto market cap is $3.25T, a 0.91% decrease over the last day.Bitcoin (BTC) traded between $92,888 and $96,250 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $93,149, down by 0.88%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include TROY, PENGU, and ACT, up by 11%, 10%, and 7%, respectively.Top stories of the day:X Platform to Launch Payment Feature X Money in 2025Syria Proposes Bitcoin Adoption to Combat Inflation and Stabilize EconomySwiss National Bank Bitcoin Proposal Gains Momentum: A Step Towards Sovereign Financial ResilienceYuxing Technology Acquires Bitcoin Worth $6.3 MillionCryptocurrency Fear and Greed Index Indicates Continued Market GreedCoinShares Predicts Bitcoin Price Swing: $150K or $80K by 2025, Long-Term Potential at $250KSan Francisco Fed's Daly: Cryptocurrencies Are a Unique Asset Class, Not Comparable to GoldIRS Introduces Temporary Relief for CeFi Exchange UsersCash Influx Into Federal Reserve's Reverse Repo Tool Hits High LevelsJordan Approves Blockchain Policy to Enhance Government ServicesMarket movers:ETH: $3322.06 (-1.94%)XRP: $2.097 (+1.30%)BNB: $701.81 (-0.40%)SOL: $188.54 (-2.34%)DOGE: $0.31294 (-1.51%)ADA: $0.8423 (-2.05%)TRX: $0.2534 (-0.59%)AVAX: $35.14 (-2.77%)TON: $5.416 (-2.75%)LINK: $19.83 (-4.16%)
Syria Proposes Bitcoin Adoption to Combat Inflation and Stabilize Economy
According to Odaily, the Syrian Center for Economic Research has proposed a plan urging the transitional government to adopt Bitcoin and other digital assets as a strategy to combat inflation, stabilize the economy, and attract global investment. The proposal includes a regulatory framework to legalize the use of Bitcoin in trading, mining, and financial transactions. A significant aspect of the plan is to leverage Syria's untapped energy resources for Bitcoin mining. Entrepreneurs will be permitted to engage in Bitcoin mining under supervision. The government aims to prevent monopolies and ensure that the environmental and social impacts of mining are controlled.
X Platform to Launch Payment Feature X Money in 2025
According to Odaily, X Platform CEO Linda Yaccarino announced on the X platform that by 2025, X will connect users in unprecedented ways, including features like X TV, X Money, and Grok. This statement confirms that the payment feature, X Money, is set to launch this year.
After a strong bullish rally, the trend has decisively shifted to bearish as ENA/USDT breaks into a well-defined descending channel. This setup offers an excellent opportunity for short-term traders to capitalize on the downside momentum.
📉 Trade Signal: • Entry: Near 0.9635 • Stop Loss: 1.0000 (above the upper trendline) • Take Profit: • First Target: 0.9000 • Second Target: 0.7850
💡 Why Short? • A clear breakdown below 0.9800 confirms bearish control. • Consistent lower highs and lows reinforce the downward trajectory. • Strong risk-to-reward ratio of 1:3 for the first target.
⚡ Strategy: Lock in partial profits at 0.9000 and adjust stop losses to breakeven for risk-free trading. If momentum sustains, ride the trend toward the 0.7850 level.
Don’t miss this opportunity to trade with the trend! Stay disciplined and monitor price action for any trendline breakouts.
📈 $CREAM USDT: Bull Run in Progress Current Price: $16.48 (+0.55%) The market shows signs of recovery after a sharp dip, confirming bullish momentum. This is a great opportunity to plan your entry strategically.
The price is consolidating after an upward breakout, and buying pressure is building up. The recovery signals strong potential for short-term gains.
Trade Tips 1. Secure partial profits at Target 1. 2. Trail your stop loss to protect gains as the price moves toward Target 2. 3. Monitor volume and momentum closely for sustained bullish confirmation.
📈 $CREAM USDT: Bull Run in Progress Current Price: $16.48 (+0.55%) The market shows signs of recovery after a sharp dip, confirming bullish momentum. This is a great opportunity to plan your entry strategically.
The price is consolidating after an upward breakout, and buying pressure is building up. The recovery signals strong potential for short-term gains.
Trade Tips 1. Secure partial profits at Target 1. 2. Trail your stop loss to protect gains as the price moves toward Target 2. 3. Monitor volume and momentum closely for sustained bullish confirmation.
Dear followers, thank you so much for your incredible support to your (professor) I mean Me! I work tirelessly day and night, but your encouraging comments and support truly motivate me and keep me going. I wouldn’t be here without you, and for that, I’m deeply grateful!
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Thank you for always listening and supporting me. Take care of yourselves, and let’s keep growing together!
Dear followers, thank you so much for your incredible support to your (professor) I mean Me! I work tirelessly day and night, but your encouraging comments and support truly motivate me and keep me going. I wouldn’t be here without you, and for that, I’m deeply grateful!
Today is extra special as it’s my birthday, and your support makes it even more meaningful. I have one small request: follow my Binance Square predictions to maximize your profits! My community is already benefiting from these signals, so don’t miss out. With a 90% success rate, you’ll see how much you can earn daily by following my updates.
Thank you for always listening and supporting me. Take care of yourselves, and let’s keep growing together!
how much time please define the signals because I make trade but I lose to follow your signals please define the time and stationery
Professor Mike
--
Bullish
$XRP USDT Analysis 📈💯
Current Price: $2.5962 • Long Entry: $2.58–$2.60 (on pullback near trendline support). • Target: $2.70, followed by $2.80 (upper channel resistance). • Stop Loss: $2.48 (below trendline).
Market Outlook: The price is respecting the ascending channel. If it holds the trendline, bullish momentum will continue toward the targets. A break below the trendline may shift sentiment bearish.
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