It was quite a turbulent time on the stock market. I transferred some coins to some other projects. I believe that better times will come in the world of cryptocurrencies.
EOS is a Layer 1 blockchain designed to address scalability issues first-and second-generation blockchains face. As the longest-running blockchain after Bitcoin and Ethereum in the industry, it has been used by developers to build blockchain applications and ecosystem
The US Non-Farm Payrolls Report, commonly known as NFP, is a monthly report that reflects the number of jobs added or lost in the non-farm and non-government sectors in the United States. This report is one of the most prominent indicators of the health of the US economy and is usually released on the first Friday of each month.
Importance of NFP Report and its Impact on Traditional Markets
As the Bitcoin btc-1.73%Bitcoin ecosystem keeps facing unresolved scalability challenges, startups keep searching for a solution that would open doors for billions worth of dollars in liquidity from the decentralized finance space.
Surge, a Bitcoin-centric protocol developed to unlock the BTCfi economy.
In the last 24 hours, the cryptocurrency market has witnessed a damaging drop of 7.9%. Almost all the major cryptos have suffered the impact of the overall crypto market decline. Importantly, yesterday, the altcoin market sharply declined from $1.49T to $1.38T. The latest crypto trend bearish turn is seen as a consequence of the US market downfall and the strengthening of the US dollar against major currencies. Yesterday, the S&P 500 index slipped from around $5,993.96 to $5,909.02
Binance is excited to announce the 3rd project on Binance Megadrop - Solv Protocol (SOLV), a Bitcoin staking protocol, building a Bitcoin-centric financial ecosystem. Users can start participating in the SOLV Megadrop from 2025-01-07 00:00:00 (UTC). The SOLV Megadrop page is estimated to be available on the Binance App in 12 hours.
The Bitcoin hash rate has recently surged to an all-time high, reaching 808 exahash per second (EH/s) on New Year's Eve ¹. This significant milestone indicates a substantial increase in the network's computational power and reflects the growing competition among miners.
Market Rebound is a term used to describe the recovery of cryptocurrency prices after a period of significant decline or fall. In the highly volatile cryptocurrency market, this rebound can happen quickly and create opportunities for profit, but it also carries significant risk, especially for beginners.
With the new year approaching, where do you think Bitcoin will go 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: 2024-12-30 07:00 to 2025-01-05 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 2025-01-05 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at 2025-01-05 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 identical predictions, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 7 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 Guidelines or 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.
The Bitwise Bitcoin Standard Corporations ETF will prioritize the value of a company's Bitcoin holdings when assigning weight to each stock. However, to ensure diversification, no individual stock will make up more than 25% of the ETF's total weight.
The blockchain and crypto landscape is preparing for significant shifts in 2025. As Bitcoin’s influence grows globally and decentralised finance (DeFi) matures, experts offer insights into the emerging trends, challenges, and innovations that will drive the next wave of digital assets and blockchain technology in 2025.
This holiday season, the crypto world delivered some incredible gifts! From Bitcoin smashing past 100K to Ethereum crossing 4K, and even meme coins defying all odds—what’s your pick for the ultimate Christmas crypto miracle?
Recent data indicates that Bitcoin (BTC) has hit new local highs, reaching approximately $98,020 following an influx of purchasing activity from “large spot buyers.” This marked an increase of over 3% on the day and has prompted renewed discussions within the community regarding the potential for a “Santa rally”—a term commonly associated with stock market gains during the holiday season.
Binance Labs Invests in Usual to Transform Stablecoins with Community-Centric Innovation
Binance Labs has announced its investment in Usual, a decentralized stablecoin issuer backed by real-world assets (RWAs), to drive innovation and redefine the stablecoin landscape. Through its $USUAL token, Usual empowers its community by redistributing value and ownership, fostering a decentralized and equitable financial model.Key Highlights:Revolutionary Stablecoin Model:Usual introduces a stablecoin collateralized by RWAs, blending the security of real assets with the liquidity and composability of DeFi.This model mitigates banking risks and creates opportunities for shared rewards, governance, and value redistribution.Community-First Approach:Traditional stablecoin issuers often centralize liquidity; Usual disrupts this model by allocating 90% of $USUAL tokens to users, ensuring value circulates within its ecosystem.$USUAL, the governance token, ties its intrinsic value to the protocol’s revenue model, providing sustainable benefits to its holders.Support from Binance Labs:Binance Labs, known for supporting transformative blockchain projects, co-led Usual’s Series A funding round.This partnership will accelerate Usual's mission to push the boundaries of stablecoins, emphasizing inclusivity and community empowerment.Shared Vision for Stablecoin Evolution:Alex Odagiu, Investment Director at Binance Labs, stated:“Stablecoins are pivotal in onboarding new crypto users, and Usual’s approach sets a benchmark for innovation. We’re excited to back Usual’s mission to reshape stablecoins and expand the ecosystem.”Pierre Person, CEO at Usual Labs, remarked:“Binance Labs’ commitment to transformative projects aligns perfectly with Usual’s vision. Together, we’ll ensure the stablecoin market remains innovative and community-driven.”
Ethereum (ETH-USD) led gains in the cryptocurrency market on Thursday, surging over 6%, while bitcoin (BTC-USD) saw a modest increase of 1.5%. The global cryptocurrency market capitalisation rose by 2%, reaching $1.34tn (£1.06tn), according to CoinGecko data.
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🗞️ In The News Bitcoin price makes new ATH above $108,000 before dropping below $95,000.Markets drop amid Federal Reserve interest rate cut and revised 2025 inflation outlook.Trump appoints former college football player Bo Hines to head the crypto council.Google to require FCA registration for crypto ads targeting the UK.Tether takes a $775M stake in video-sharing platform Rumble.Interpol issues 'Red Notice' for Hex founder Richard Heart.
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