Hello everyone ❗ I’m excited to share a detailed look at the $SOL /USDT trading chart on Binance ❓ The 1D chart is showing some interesting movements for Solana, and I want to congratulate all the SOL traders and holders out there for staying strong through this action ❗
Right now, the price of $SOL /USDT is at 116.20, down by 2.85, which is a 2.39% dip on the daily chart ❓ Even with this small drop, the overall trend still looks great ❗ Over the past 24 hours, SOL hit a high of 121.00 and a low of 102.31, showing some volatility but also a solid recovery from that low point ❓ The 24-hour trading volume is fantastic, with 8.63 million SOL traded, equating to 973.60 million USDT ❗ That’s a great sign of strong market interest and liquidity ❓
Taking a closer look at the candlestick chart, we can see a mix of green and red candles over the past few days, reflecting a battle between buyers and sellers ❗ Around April 13th, there was a sharp dip to that 102.31 low, but the price bounced back quickly, which is a great show of strength ❓ The current price of 116.20 is holding above the 110.00 support level, which is a positive sign for those hoping for more upward movement ❗ The volume bars at the bottom, paired with the Simple Moving Average, indicate that buying interest has been increasing after the dip—another great signal for the bulls ❓
Congratulations to everyone who’s been part of Solana’s journey ❗ This chart highlights its resilience and growing presence in the crypto world ❓ If this momentum keeps up, we might see SOL testing higher levels soon ❗ What are your thoughts on this price action ❓ Are you feeling optimistic or cautious ❓ Let’s hear your opinions #TariffsPause #BinanceHODLerBABY #STAYSAFU
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Binance Reveals Token LDUSDT Bearing Rewards
Launched by leading cryptocurrency exchange Binance Futures, a derivatives trading platform, new reward-bearing margin asset LDUSDT is about to be introduced.
Press statement claims LDUSDT is not a stablecoin. The exchange customers might utilize this crypto asset as Futures trading margin. This lets customers also get Simple Earn Real-Time APR benefits concurrently.
Through flexible or limited savings products, Simple Earn—Binance's program—allows consumers to increase the assets they already own on the exchange.
Moreover, consumers of this newest asset may exchange their Tether (USDT) Simple Earn Flexible Product Assets for LDUSDT. They then may make use of the new asset as USDⓈ-M Futures trading margin. USDⓈ-margined contracts are linear futures listed and paid in USDT or USDC as the team defines it.
LDUSDT may also be used in Multi- Asset Mode as USDⓈ-M Futures trading margin.
Users who opt to switch and hold LDUSDT will still be eligible for Real-Time APR benefits from Simple Earn Flexible Products. An estimate of the benefits customers would get over a certain, chosen period is known as annual percentage rate (APR).
"LDUSDT will be soon accessible on the Binance Website and App," the press release states.
#LDUSDT #BinanceAlphaAlert #BinanceFutures $BNB
U.S. Inflation Slows Sharply – CPI Falls to 2.4%
The latest U.S. Consumer Price Index (CPI) year-over-year report shows a bigger-than-expected drop in inflation, sparking fresh discussions on potential Federal Reserve rate cuts.
🔍 Here’s the breakdown:
Actual CPI: 2.4%
Forecast: 2.5%
Previous: 2.8%
This marks a significant decline from the previous reading of 2.8% and also falls short of analysts' expectations at 2.5%.
💡 What Does This Mean?
Cooling Inflation: A CPI of 2.4% indicates that inflation is easing faster than forecasted. This could be seen as a positive sign for consumers, as it reflects slower price increases across goods and services.
Federal Reserve Watch: With inflation retreating, pressure may ease on the Federal Reserve, opening the door for discussions around future interest rate cuts. Investors will be watching the next FOMC meeting closely.
Market Reaction: Typically, a lower-than-expected CPI can boost:
📈 Equity markets (due to expectations of looser monetary policy)
📉 The U.S. dollar (as lower rates can weaken the currency)
🪙 Crypto assets (as investors turn toward alternative stores of value)
#CPI&JoblessClaimsWatch #MarketRebound #CryptoManMab
📉 The #ETH/BTC ratio has fallen to a five-year low of 0.018. The last time the ratio fell to this level was in December 2019, when $ETH collapsed to $125 and BTC was trading around $7,000. cointelegraph
🔍 A whale holding 10,000 #ETH for the last 900 days sold all his ETH and missed out on a peak profit of $27.6 million, earning only $2.75 million. cointelegraph
Another whale accumulating 2,225 ETH in 2022 moved 500 ETH ($708.7k) to Kraken after two years of inactivity, a loss of $166k.
🔥Buy and Trade$BTC
{future}(BTCUSDT)
$ETH
{future}(ETHUSDT)
⬇️
🔥 @wisegbevecryptonews9 ▪️🐋 #BinanceVoteToDelist
🚀 Crypto enthusiasts, rejoice! March inflation data shows a drop, sparking optimism for a more dovish Federal Reserve. The Consumer Price Index fell, aligning with the Fed's 2% target. Core CPI also dipped below 3% for the first time in years.
- Trump's tariff pause on most countries has boosted Bitcoin, Ethereum, and XRP prices. BTC hit $82,000, ETH surged to $1,600, and XRP reached $2.
- Falling inflation might push the Fed to cut interest rates, potentially igniting another crypto bull run.
What do you think? Share your thoughts in the comments! 📈
🚀 Exciting times for the UK's financial sector! Nikhil Rathi is back for another five years as CEO of the FCA, ready to shake things up, especially in crypto! 🌟
Under Rathi's leadership, the FCA has already registered 51 crypto firms, including giants like Coinbase and BlackRock. His mission? Make the UK the best place for business by cutting outdated regulations while keeping consumers safe.
Stay tuned for the FCA's new crypto regime, set to launch by 2026, with fresh insights on stablecoins, staking, and more! What are your thoughts on these upcoming changes? Share below!
🚀 Big news from the UK! Nikhil Rathi has been re-appointed as CEO of the Financial Conduct Authority (FCA) for another five years. This marks a significant step for the FCA's crypto journey.
- Rathi's leadership has seen 51 crypto firms, including giants like Coinbase and BlackRock, registered under money laundering rules.
- The FCA aims to establish a new crypto regime by 2026, focusing on stablecoins, trading platforms, and more.
What do you think of the FCA's approach? Share your thoughts in the comments!