VANA’s unique focus on decentralizing user-owned data positions it as a standout project in the blockchain ecosystem. Its initial circulating supply will be 30,084,000 VANA, representing 25.07% of the token’s maximum supply. This calculated release strategy aims to balance demand and supply, aiming to enable price stability during its initial trading phase.
Market enthusiasm for VANA stems from the announcement of Binance Launchpool and its structured approach to the launch. Reports and research tools that will be made available during the pre-sale are intended to educate investors and increase transparency.
Binance’s launch of VANA not only highlights the platform’s commitment to blockchain innovation, but also provides investors with new opportunities for diversification. As the trading date approaches, all eyes will be on VANA’s performance and its potential to disrupt the user-data-centric blockchain industry.
Meanwhile, the USUAL token also saw a strong rally after the same platform added it as the 61st project on its platform last month. Given this, the market is anticipating a similar move from VANA following its listing on the leading cryptocurrency exchange.
US President-elect Donald Trump is considering issuing an executive order to create a Strategic Bitcoin Reserve (SBR). The information came from Dennis Porter, founder of the Satoshi Act Fund, via X/Twitter. According to Porter’s statement, published on December 15, the plan involves using the US Treasury’s Exchange Stabilization Fund (ESF), which holds more than US$$ 200 billion in assets. This fund, traditionally reserved to stabilize financial markets in times of crisis, has played important roles during events such as the 2008 financial crisis and the COVID-19 pandemic. Porter stated that Trump will use the ESF to acquire Bitcoin, seeking to stabilize the dollar and strengthen the US’s strategic position in the global economy. Furthermore, he stressed the urgency of taking action before other nations take the lead in accumulating the digital asset.
Should Trump fail to move forward with the executive order, Porter indicated that his group intends to push for state legislation to push for the creation of strategic Bitcoin reserves at the local level.
Binance launches new cryptocurrency and says that returns “will never be less than zero”
The new token can be held or traded on the broker’s futures platform
Binance announced this Tuesday (26) the launch of the BFUSD token, which will be traded on margin on the broker’s futures platform starting at 11 am on Wednesday (27). Interestingly, the broker promises that the asset’s annual percentage yield (APY) “will never fall below zero”.
Although BFUSD resembles a stablecoin due to its ticker format — stablecoins usually end with the acronym USD, in reference to the dollar — it is a common cryptocurrency that will offer passive income to users who hold or trade it on Binance’s futures platform.
USD-margined futures are futures contracts on Binance that use stablecoins such as USDC or USDT as collateral and settlement currency, offering a stable trading experience by mitigating the volatility associated with using cryptocurrencies as collateral.
According to a Binance spokesperson explaining to The Block, recent historical data has shown that the base APY for BFUSD ranged from around 12% to over 35% during the period from November 20 to 25. Additionally, he noted, the boosted APY would have ranged from around 15% to over 47% during that period.
YouTube's Main Competitor Creates Strategic Reserve with Bitcoin
Rumble, currently YouTube's main competitor, announced this Tuesday (26) the decision to create a strategic reserve of Bitcoin (BTC).
The platform, known for its liberal approach to censorship, will allocate up to US$$ 20 million of its surplus cash to the purchase of cryptocurrency. The measure aims to consolidate the company's position in the market and accelerate its expansion, taking advantage of the benefits of Bitcoin as a store of value.
The decision comes shortly after BTC recorded a strong bullish rally that took the cryptocurrency from a level of US$$ 66 thousand, to a peak of US$$ 99.500, although a recent correction returned the asset to US$$ 92 thousand.
Chris Pavlovski, CEO of Rumble, highlighted the importance of this decision. According to him, the adoption of Bitcoin reflects the company's strategic vision at a time of growing institutional acceptance of the cryptocurrency.
“We believe that the world is still in the early stages of adopting Bitcoin, an asset that is consolidating itself as a hedge against inflation and an excellent addition to our treasury,” said Pavlovski.
PEPE memecoin could surge 60% as whales make strategic moves
Pepe (PEPE) memecoin has been attracting renewed attention thanks to rising whale interest and a technical pattern that suggests a strong uptrend.
With significant market movement, the memecoin is positioning itself as one of the most promising bets for investors looking for short-term upside opportunities.
A notable move recorded by transaction tracker TheDataNerd revealed that a whale acquired 309.6 billion PEPE tokens. The mega investor paid US$$ 6.42 million directly on the KuCoin exchange. This strategic purchase occurred at a time when the asset broke out of a bullish flag and pole technical pattern.
This behavior indicates confidence on the part of large investors in the growth potential of PEPE. Historically, whales avoid acquiring tokens near all-time high levels. However, the increasing transaction volume suggests renewed optimism regarding the memecoin.
Preço do Bitcoin hoje 22/11/2024: BTC chega a US$ 99.200 e aumenta expectativa de alta acima de US$ 100 mil
Os touros reagiram positivamente à renúncia de Gary Gensler, atual presidente da SEC, e com isso o preço do BTC subiu mais de 5%, tocando o nível de US$ 99.200, faltando menos de 1% para romper com US$ 100 mil.
Bitcoin price today 11/20/2024: BTC surpasses all-time high, reaches US$$ 94 thousand in search of the long-awaited US$$ 100 thousand
The bulls managed to register a new all-time high for BTC, taking the asset to US$$ 94 thousand, reaching another step in the fight for the long-awaited breakout of the US$$ 100 thousand level.
Em plano audacioso, EUA planejam comprar 1 milhão de Bitcoins e adotar criptomoeda como principal reserva de valor, substituindo dólar e revolucionando o sistema financeiro de todos os países aliados $BTC
link 👇 https://clickpetroleoegas.com.br/eua-planejam-adotar-bitcoin-como-principal-reserva-de-valor-substituindo-dolar-e-revolucionando-o-sistema-financeiro/?utm_source=-&utm_medium=Bot%C3%A3o+de+Compartilhamento+Flutuante&utm_campaign=Bot%C3%A3o+Flutuante