$BTC Bitcoin's price today is US$93,727.23, with a 24-hour trading volume of $60.58 B. BTC is +4.93% in the last 24 hours. It is currently -13.46% from its 7-day all-time high of $108,304.93, and 1.14% from its 7-day all-time low of $92,669.68. BTC has a circulating supply of 19.8 M BTC and a max supply of 21 M BTC.
#ReboundRally The crypto market has begun recovering from recent drawdowns last week.Recent price action points to a buy-side bias among active holiday traders who anticipate a crypto 'Santa rally.'Investors could be shifting attention toward altcoins this holiday season following increased inflows in Ethereum ETFs and altcoins' outperformance.
Bitcoin (BTC) and the overall cryptocurrency market rose by 5% on Tuesday as major assets are attempting to recover from the significant declines experienced last week. Altcoins have become the main focus of this market uptrend, suggesting that investor optimism may be driving the 'Santa rally.'
Xrp holders!! As I said you before xrp is currently facing a short correction but dont be afraid about this short pull back.
Because tommorrow two good things are going to happen for xrp.
The first one you know sec chairman is against xrp and sec has lewsuited xrp.But in 4th december Trump will change the sec chairman and he will choose a new sec chairman.
The second one is Ripple(The founder of xrp) will launche their first stable coin named RLUSD in december 4th means tommorrow.
For these two major events xrp will face a massive surge tommorrow
Bull Run or Bull Trap? Why Now Might Be the Perfect Time to Go ALTs
Just the other day, someone dropped a bombshell: "We're already in phase 4 of the current bull run." What?!!😲😲 Are we done already? Is this it? Are we not going to see a 10,000x rally 🚀🚀like some of the moonshot altcoins in the past? At first, I thought it was a bit premature to say we're in phase 4. I mean, Bitcoin's still trading below $100,000, and the overall market sentiment is still relatively bullish. But then I started digging deeper. As I checked CoinMarketCap, I saw that Bitcoin's dominance is sitting at 55.6%. That's a pretty significant chunk of the market capitalization. When Bitcoin takes up that much space, it can be tough for altcoins to breathe. And that's exactly what's happening - most altcoins are bearish today. But here's the thing: phase 4 of a bull run is typically characterized by a period of consolidation and distribution. It's like the market is taking a deep breath before the final push upwards. And if we're already in phase 4, that means we might be due for a period of altcoin rallies. The Crypto Fear and Greed Index is currently at 79, which tells me that the market sentiment is pretty neutral right now. It's not extremely bullish or bearish, just... meh. And when the sentiment is neutral, it can be hard for altcoins to gain any real traction. But the Altcoin Season Index is currently at 73, which tells me that altcoins are not performing as well as Bitcoin right now. It's like they're trying to get attention at the party, but Bitcoin's just too loud. So, are we done already? I don't think so. I think we're just taking a breather before the next leg up. And when that happens, altcoins might just rally in a big way. We might not see a 10,000x rally, but we could definitely see some significant gains. So, don't lose hope, fellow crypto enthusiasts. We're not done yet. The party's just getting started. #ThanksgivingBTCMoves #AIAndGameFiBoom #Write2Earn! #ETHETFsApproved #BitwiseFiles10ETFs
Bitcoin Market Update: Traders Question Whether There's a Breakout or Breakdown Looming
As of Oct. 24, 2024, bitcoin (BTC) is priced at $67,058.95, fluctuating within a 24-hour range of $66,669 to $68,268. With a market cap of $1.32 trillion and a daily trading volume hitting $44.03 billion, the digital currency appears to be in a consolidation phase, according to technical indicators. These indicators suggest that while things are steady for now, volatility could be just around the corner.
Bull Verdict: Despite recent short-term corrections, bitcoin’s price remains supported by s
Nigeria’s anti-corruption agency has dropped a money-laundering case against a top cryptocurrency executive to allow him to get medical treatment abroad. Tigran Gambaryan, a US citizen, was arrested on a business trip to Nigeria in February and later charged alongside his company Binance with laundering $35.4m (£28m) - which they denied. The 40-year-old was in charge of financial crime compliance at Binance, the world's largest crypto exchange that Nigeria blames for much of its recent economic
#Bitcoin is at $67,100, fluctuating near the key support level S1 after forming a cup-and-handle pattern. The Gaussian channel indicates a liquidity grab to break the resistance at $73,750 (ATH). #Crypto #cryptotrading #BTCSoarsTo68K
Bitcoin Flirts With $70,000 After $2.4 Billion Inflow Into ETFs
US spot-Bitcoin ETFs lured almost $2.4 billion of net inflows in the six days through Oct. 18, data compiled by Bloomberg show, partly on bets that US crypto rules will become friendlier after the Nov. 5. Bitcoin climbed nearly 10% in the seven days through Sunday, the original cryptocurrency’s best weekly performance in more than a month. ETF demand helped the token reach a record high of $73,798 in March. The rally cooled and Bitcoin last traded above $70,000 back in June.#UptoberBTC70K? #BTC
BITCOIN TO SOAR TO 100K Bitcoin could reach six figures sooner than expected, driven by surging institutional flows into exchange-traded funds (ETFs), economic instability, and the U.S. presidential election, according to the chief investment officer of asset management firm Bitwise. The executive highlights factors like growing GOP support for cryptocurrencies and inflation concerns pushing investors toward BTC. With regulatory clarity and supply constraints from the bitcoin halving, he predicts a rapid surge is imminent.$BTC #BTCSoarsTo68K $BTC $
Crypto exchange Binance has expanded its reach in West and Central Africa, integrating mobile money payments for cryptocurrency purchases in six countries. This move supports Binance’s goal to boost financial inclusion and make digital assets more accessible. By offering a secure, user-friendly entry into crypto, Binance aims to empower millions across Africa with greater access to the global digital economy. Users in Benin, Cameroon, Ivory Coast, the Democratic Republic of Congo, Togo, and Senegal can now purchase cryptocurrency directly through mobile money services via local partnerships. This move aligns with Binance’s efforts to expand financial inclusion and access to the digital economy across Africa. This expansion builds on Binance’s One Click Buy and Sell (OCBS) service, launched in Africa in August, allowing users in Ghana, Tanzania, Uganda, and Zambia to trade cryptocurrencies through mobile money accounts.
#MyFirstSquarePost New to Binance Square, thrilled to share and connect with everyone here!
Understanding crypto currency
Cryptocurrency is a digital or virtual form of currency that uses cryptography for security, making it difficult to counterfeit or manipulate. Unlike traditional currencies (like dollars or euros), cryptocurrencies are decentralized, meaning they operate on a technology called blockchain, which is a distributed ledger that records all transactions across a network of computers. This decentralization means that cryptocurrencies are not controlled by any central authority, like a government or bank.
Key features of cryptocurrencies include:
Decentralization: Most cryptocurrencies are not controlled by a central authority, making them more resistant to censorship and manipulation. Blockchain Technology: A blockchain is a secure, transparent ledger that records all transactions made with a cryptocurrency. It ensures that the same coin cannot be used more than once (double-spending). Security: Cryptocurrencies rely on cryptographic techniques for secure transactions and to control the creation of new units. Digital Nature: Cryptocurrencies exist only in digital form. There are no physical coins or bills. Some popular cryptocurrencies include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). Each of these has unique features and serves different purposes, from being a digital currency to providing platforms for smart contracts and decentralized applications.