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#Binance! #BinanceBlockchainWeek
New Listings on Binance Show AST Leading the Way with 2,247% Gain
AST is leading the way with a staggering 2,247% price jump, reflecting strong demand for AI tokens. DeFi and cross-chain projects like CoW Swap and Orca are attracting strong investor interest. Kaia Network is seeing the smallest gains, highlighting the mixed performance of EVM tokens.
New listings on Binance Spot have seen impressive price gains, especially for tokens that have not previously traded on centralized or decentralized exchanges. Binance data shows significant price jumps for several tokens on the day of their listing. These trends highlight growing investor interest in new projects, especially those tied to popular ecosystems like Solana, Binance Smart Chain, and Superchain.
New Listings on Binance Show AST Leading the Way with 2,247% Gain
AST is leading the way with a staggering 2,247% price jump, reflecting strong demand for AI tokens. DeFi and cross-chain projects like CoW Swap and Orca are attracting strong investor interest. Kaia Network is seeing the smallest gains, highlighting the mixed performance of EVM tokens.
New listings on Binance Spot have seen impressive price gains, especially for tokens that have not previously traded on centralized or decentralized exchanges. Binance data shows significant price jumps for several tokens on the day of their listing. These trends highlight growing investor interest in new projects, especially those tied to popular ecosystems like Solana, Binance Smart Chain, and Superchain.
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#Xrp🔥🔥 $XRP $XRP
The price of XRP reached $2.5872 and then fell to $2.4498, demonstrating strong market uncertainty.
A whale purchase of 130 million XRP tokens on Binance within an hour caused significant price fluctuations in the market. The transaction led to the price of XRP reaching a 24-hour high of $2.5872 but soon fell to $2.4498. This accumulation occurred for the second time in just a few hours, raising speculations among analysts and traders about the intentions behind these movements.
The volatility of XRP was accompanied by a sharp increase in trading volume, reaching 614.47 million XRP during this period. Binance data also reported a 24-hour low for XRP at $2.3333, reflecting a rapid correction following the whale activity. Despite the purchase causing upward momentum, selling pressure soon pushed prices down, creating uncertain prospects for the asset.
The price of XRP reached $2.5872 and then fell to $2.4498, demonstrating strong market uncertainty.
A whale purchase of 130 million XRP tokens on Binance within an hour caused significant price fluctuations in the market. The transaction led to the price of XRP reaching a 24-hour high of $2.5872 but soon fell to $2.4498. This accumulation occurred for the second time in just a few hours, raising speculations among analysts and traders about the intentions behind these movements.
The volatility of XRP was accompanied by a sharp increase in trading volume, reaching 614.47 million XRP during this period. Binance data also reported a 24-hour low for XRP at $2.3333, reflecting a rapid correction following the whale activity. Despite the purchase causing upward momentum, selling pressure soon pushed prices down, creating uncertain prospects for the asset.
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#ETH🔥🔥🔥🔥 #ETH🔥🔥🔥
Santiment: the share of Ethereum on whale accounts has reached a new all-time high
Santiment published a note on Ethereum.
Experts noted that the share of supply controlled by whales has reached an all-time high.
The 104 largest holders hold Ethereum worth $335 billion.
The share of so-called sharks and shrimp has reached lows.
The 104 whales, whose wallet balances are from 100,000 ETH (about $400 million), control 57.35% of the asset's supply. This is a new all-time high, according to the Santiment experts' report.
According to their note, these wallets control 83.81 million ETH — $335.2 billion at the current exchange rate. Meanwhile, the shares of the so-called sharks (from 100 ETH to 100,000) and shrimp (up to 100 ETH) have reached new lows.
These accounts account for 33.46% and 9.19% respectively. In the first case, this is an all-time low, in the second — since January 2021. In this trend, Santiment experts see a 'bullish' signal.
Notably, whales continue to accumulate coins against the backdrop of rising yield supply of the asset. Since the beginning of November 2024, this figure has increased from 49.11 million ETH to 71.4 million ETH as of December 16, according to Glassnode.
Santiment: the share of Ethereum on whale accounts has reached a new all-time high
Santiment published a note on Ethereum.
Experts noted that the share of supply controlled by whales has reached an all-time high.
The 104 largest holders hold Ethereum worth $335 billion.
The share of so-called sharks and shrimp has reached lows.
The 104 whales, whose wallet balances are from 100,000 ETH (about $400 million), control 57.35% of the asset's supply. This is a new all-time high, according to the Santiment experts' report.
According to their note, these wallets control 83.81 million ETH — $335.2 billion at the current exchange rate. Meanwhile, the shares of the so-called sharks (from 100 ETH to 100,000) and shrimp (up to 100 ETH) have reached new lows.
These accounts account for 33.46% and 9.19% respectively. In the first case, this is an all-time low, in the second — since January 2021. In this trend, Santiment experts see a 'bullish' signal.
Notably, whales continue to accumulate coins against the backdrop of rising yield supply of the asset. Since the beginning of November 2024, this figure has increased from 49.11 million ETH to 71.4 million ETH as of December 16, according to Glassnode.
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The Financial Accounting Standards Board of the United States has introduced rules for the fair value assessment of crypto assets
According to the new rules, companies will assess crypto assets at fair value and update current data in financial reports for each reporting period. The introduction of the standard erases the distinctions between the accounting for financial instruments in the traditional market and the crypto economy, according to FASB.
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#BinanceBlockchainWeek #ATOMUSDT
The coin $ATOM has risen by 10% in the last few hours and is likely to reach $10 in the coming days
The coin $ATOM has risen by 10% in the last few hours and is likely to reach $10 in the coming days
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#SUI/USDT
" As of today, the cryptocurrency pair SUI/USDT has reached its peak at 2.1303 and has reversed from the touch (OB), as a result, according to technical analysis, the price will drop to 1.9960. Upon breaking the price level of 1.8700, a decline in price to 1.6000 is expected.
Entry price for a short position is 2.0845 "
As mentioned earlier, the price of SUI has fallen below 1.9960 and is in a consolidation zone. Will there be a price increase due to the rise in market capitalization as mentioned last week, or will the price fall again to 1.6000?
" As of today, the cryptocurrency pair SUI/USDT has reached its peak at 2.1303 and has reversed from the touch (OB), as a result, according to technical analysis, the price will drop to 1.9960. Upon breaking the price level of 1.8700, a decline in price to 1.6000 is expected.
Entry price for a short position is 2.0845 "
As mentioned earlier, the price of SUI has fallen below 1.9960 and is in a consolidation zone. Will there be a price increase due to the rise in market capitalization as mentioned last week, or will the price fall again to 1.6000?
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#SUI/USDT
As of today, the cryptocurrency pair SUI/USDT has reached its peak at 2.1303 and reversed from the touch (OB). According to technical analysis, the price will drop to 1.9960, and if the price level of 1.6000 is broken, a decline to 1.8700 is expected.
Entry price for a short position 2.0845
As of today, the cryptocurrency pair SUI/USDT has reached its peak at 2.1303 and reversed from the touch (OB). According to technical analysis, the price will drop to 1.9960, and if the price level of 1.6000 is broken, a decline to 1.8700 is expected.
Entry price for a short position 2.0845