Weekly Market Highlights - DEX Trading Volume Hits All-Time High
31 January 2025Macro/TradFiThe Federal Reserve announced that it will maintain the target range for the federal funds rate at 4.25% to 4.50%, consistent with expectations and the previous value.The European Central Bank has cut the deposit facility rate by 0.25% to 2.75%. This marks the fourth consecutive meeting where interest rates have been cut by 0.25%.The Czech National Bank (CNB) has approved a proposal to consider investing in new asset classes, including Bitcoin, as part of its international reserve management strategy.Nasdaq has filed for a rule change proposal to the SEC to permit in-kind creation and redemption for BlackRock's iShares Bitcoin Trust, allowing investors to exchange ETF shares for Bitcoin directly.Cboe has submitted a 19b-4 filing to permit in-kind creations and redemptions for both ARK’s 21Shares Bitcoin ETF and 21Shares Core Ethereum ETF.Elon Musk has started discussions about implementing blockchain technology at the newly established Department of Government Efficiency.Bitwise has submitted an S-1 registration to the SEC for a Dogecoin ETF.CryptoL1/L2:Abstract, a new Ethereum Layer 2 solution developed by Igloo Inc., the parent company of Pudgy Penguins, is now live on the mainnet.TON has unveiled its roadmap for the first half of 2025, which includes the launch of a payment network Layer 2, BTC Teleport cross-chain support, and others.Sei Foundation has launched a US$65M venture fund which focuses on the field of decentralized science.An informal vote among Ethereum supporters reveals strong support for Danny Ryan as the next leader of the Ethereum Foundation.DeFi:DEX trading volume reached an all-time high of over US$438B in January, with the DEX-to-CEX ratio at 20.4%.DEX aggregator Jupiter has announced plans to build a multi-blockchain network, Jupnet. Jupiter’s founder also announced that they will start using 50% of fees to repurchase tokens from the market.Restaking protocol Symbiotic has launched on Ethereum mainnet.NFT:OpenSea has introduced the OS2 platform, which includes a revamped user interface and a new experience points (XP) system. The OS2 platform is currently in private beta.Others:Tokenization platform Securitize has partnered with Wormhole as its primary interoperability solution. Apollo Global Management and Securitize have partnered to offer onchain investment opportunities, starting with tokenized access to the Apollo Diversified Credit Fund.Phantom Wallet has integrated the Sui blockchain, providing its 15 million users with access to the Move-based network.Latest Binance Research Publications Check out our latest publications:From Challenges to Opportunities: How DeSci Reimagines ScienceFull-Year 2024 & Themes for 2025Monthly Market Insights - January 2025That’s a wrap!Binance ResearchAbout Binance Research: Binance Research is the research arm of Binance, the world's leading cryptocurrency exchange. The team is committed to delivering objective, independent, and comprehensive analysis and aims to be the thought leader in the crypto space. Our analysts publish insightful thought pieces regularly on topics related but not limited to, the crypto ecosystem, blockchain technologies, and the latest market themes.General Disclosure: This material is prepared by Binance Research and is not intended to be relied upon as a forecast or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities, cryptocurrencies or to adopt any investment strategy. The use of terminology and the views expressed are intended to promote understanding and the responsible development of the sector and should not be interpreted as definitive legal views or those of Binance. The opinions expressed are as of the date shown above and are the opinions of the writer, they may change as subsequent conditions vary. 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hey guys bome boom signal 😲🤩😱 BOME/USDT SHORT entry MARKET Cost leverage 20X TAKE Benefit TARGET'S 1)0.009150 2)0.009000 3)0.008800 4)0.008500 5)0.008300 6)0.008000 SL: As indicated by the wallet
Here is my plan to push #pepe to 1$. Again following my previous some people were telling me that it is IMPOSSIBLE for pepe to reach 1$ because if the total supply and all. Which I completely disagree with. To be realistic the crypto market is highly manipulated by giant whales and the makers of the coin if they want to burn or not. So you could do analysis all day and if a whale joins you can throw your analysis out the window. So my plan is that I will create an Instagram account that will constantly upload a new post everyday promoting to buy $PEPE and I will pay for ads so it reaches more people. The bot will upload a reel everyday so its always active. Some people will say why the effort? and I will respond with why not? If you are passionate about something you will do whatever it takes for you to reach your goal. I am 100% in belief that if more people join to buy pepe and it gains more popularity and if we are lucky and the pepe team burn more coins we will make it to 1$. I bought $PEPE when it was 0.00000104 and so far I have been making 700%+ Am I a fortune teller? did I make some intensive analysis? Absolutely not! This is really all about luck and getting in at the right time.
If you had invested $100 in Dogecoin when Elon Musk first tweeted about the crypto on April 2, 2019, when it was trading at $0.002552, you would have acquired 39,185 DOGE. Today, with Dogecoin priced at $0.08420, your initial $100 investment would be valued at $3,299.38, yielding a hypothetical return of 3,199.4%. Similarly, if you had invested $100 on July 17, 2020, when Dogecoin reached its highest price of $0.003084 after Musk's tweet, you would have obtained approximately 32,425 DOGE. With the current Dogecoin price at $0.08420, your $100 investment would now be worth $2,730.19, resulting in a hypothetical return of 2,630.2%. During Dogecoin's all-time high in May 2021, reaching $0.7376, those $100 investments based on Musk's tweets would have been valued at $28,902.86 and $23,916.68, respectively. Remember to like, follow, and tip for more updates! #TrendingTopic #EOS #Aevo #pepe #BTC $DOGE $BTC
SHIB Lead Shytoshi Kusama Doesn't Care If Bitcoin Hits $70,000, Here's Why. The mysterious lead of Shiba Inu known to the SHIB community under the alias Shytoshi Kusama has been unusually active on Twitter/X today. He has posted numerous bullish and optimistic tweets about Shiba Inu, saying that the team needs a new strategy and promising a big announcement coming next week. Full of enthusiasm, Kusama even tweeted that he and the SHIB army do not care if the world's flagship cryptocurrency, Bitcoin, is going to soar to $70,000. Bitcoin to $70,000? We actually don't care: Shytoshi Kusama. As Bitcoin has broken above the $65,000 level, social media personality with 2.2 million followers Andre Tate pointed out to the SHIB lead on X (Twitter) that it may go as high as $70,000. He jokingly added that he will then call everyone on Crypto Twitter "losers." Kusama quoted his tweet, stating, "We actually don't care.” Within the past 24 hours, Bitcoin has printed an impressive 6.24% uptick, reaching a new high. At the time of this writing, BTC is exchanging hands in the $65,300 zone. Crypto YouTuber Lark Davis has asked the Bitcoin community if they believe BTC may hit a new all-time high today. The previous historic peak was noticed close to the $69,000 mark in November 2021. Still, despite his tweet, Kusama later retweeted a chart posted by Bitgrow Lab founder about the approaching Bitcoin halving in April and the expected BTC price jump. Shytoshi Kusama made several major announcements. In the meantime, Kusama has published several tweets in which he made important announcements for the SHIB community. In one of them, Kusama stated that SHIB has come very close to Dogecoin in terms of market capitalization value – SHIB now holds the 11th spot, while DOGE sits in the 9th position on CoinMarketCap. He tweeted: "We must pause to assemble a strategy to overtake a large market cap though we have a stronger army.” Earlier today, Kusama stated on X that Shiba Inu remains a "Dogecoin killer" coin. #TrendingTopic #SHIB
177 Million SHIB Gone in Flames as Shiba Inu Recovers After 40% Drop. According to the data shared by the blockchain tracking platform Shibburn, since last morning the Shiba Inu community has managed to dispose of over 177 million SHIB meme coins. It happened while the second major meme- inspired cryptocurrency SHIB collapsed by 40% and then staged a substantial recovery earlier today. Meanwhile, in the wake of recent SHIB price trajectories, whale activity has increased drastically as trillions of SHIB have been moved by large holders. 177 million SHIB burned. Shibburn spreads the word about a significant amount of meme coins transferred to unspendable blockchain wallets within the past 24 hours. Overall, an impressive 177,011,055 million SHIB was sent to the "virtual furnace." More than half of this amount was destroyed in a single transaction when 100,500,000 SHIB was sent to a dead-end wallet. The second-largest transfer in this chain of burns contained 39,535,388 SHIB with the third-biggest one carrying 10,000,000 SHIB. Those were three consecutive burns but conducted by three different wallets. These burn transactions have pushed the total daily burn rate of SHIB to 55.74% so far. On the previous day, March 5, a slightly smaller amount of SHIB meme coins was transferred to dead blockchain wallets 129,984,286 Shiba Inu. Overall, within the past week, the SHIB army did a good job of moving 464,815,936 SHIB meme coins to dead wallets with the weekly burn rate rising by almost 60%. Close to 2 trillion SHIB on the move. As reported by the popular tracking platform Whale Alert, which traces down large cryptocurrency transfer and shared details of them on Twitter/X, over the past 24 hours three overwhelming transactions in SHIB have been made.
🚀🐶 Dogwifhat (WIF) becomes the first major meme coin to cross the $2 price mark, surging 48% in the past 24 hours! With a $2 billion capitalization, it's outperforming other meme coins like myro (MYRO) and mog coin (MOG). What's driving the surge? A listing on Binance likely played a big role, with $219 million in WIF trades within its first day. Plus, anticipation of future exchange listings and popularity among retail audiences are contributing factors. Meme coins are gaining attention as investors bet on the growth of their underlying networks. What do you think about the future of meme coins? Share your thoughts in the comments! 📈💬
Warning: Potential Bearish Trend Ahead for PEPE! 📈💥 Despite Pepe (PEPE) experiencing a significant surge in both daily and weekly performances, caution is advised as a potential crash looms on the horizon. This week, PEPE faces the possibility of a long squeeze, which could result in a sharp price decline. The recent price surge has attracted both early investors and traders in the derivatives market, increasing PEPE's open interest to over $510.35 million, representing 16.4% of its $3.11 billion market cap. With PEPE's 24-hour derivatives volume rising to $6.70 billion, an 81% increase, and a 41% daily price jump to $0.00000755, the liquidation heatmap indicates a looming crash. Traders who have taken long positions may face liquidation if PEPE's price falls below certain levels, potentially triggering a series of sell-offs and an 85% crash to $0.000001. While it's common for meme coins like PEPE to experience such drops after periods of excitement, the coin's future hinges on the influx of money in the coming days. Cryptocurrency traders and meme coin speculators are advised to remain vigilant and aware of these potential risks. 🚨📉 #TrendingTopic #theoriginals #faixibutt
$WIF 💥💥💥 Ready for invest 💥💥💥 🚨🚨⚠️⚠️Warning About WIF⚠️⚠️🚨🚨 Must Know BEFORE BUYING WIF READ 1.Don't panic: Avoid buying a new asset just because you're scared of missing out. Stay calm and wait. 2.Wait for the right time: All cryptocurrencies experience price drops. Be patient and buy when the price is lower. 3.If you buy in a rush, which is not a good idea, sell as soon as you make some money, no matter how small or big the profit is. 4.Don't chase rising prices: There will be more chances to invest in the future, so don't worry if you think you're late. 5.Invest wisely: Only spend money that you can afford to lose. This way, you'll be safe even if the market changes. keep these simple tips in mind to make smart choices and reduce risks. #DOGE #SHIB #TrendingTopic #PEPE #Launchpool
$SHIB PEOPLE small to big traders listen very carefully and realy listen very carefully. After exploring the blockchain we discovered that a whale an anonymous whale is implementing the wyoming curve..if you don't know what is a wyoming curve I advise to read about it..the price of shiba is being manipulated by a big whale stealthy the price will go down for a short while than it will dramatically increase and there is a + 60% chance shib will lose a zero in 3 days the whale started by buying small quantities of shib regularly 📌📌📌Read My pinned feed post about free usdt reward below 👇 Once this whale stabilized the price.he slowly started to buy SHIB in larger quantities. This will slowly pushed up the price in a very stealthy way. most traders who don’t have any idea of what’s happening jumped on the bandwagon. Contributing to the whale’s grand scheme. once this whale exhausted his capital of 1.8 million bucks.( sim of deferagged transactione) The price of shiba went considerably high today. This whale reversed its original strategy. now it was the time where it makes big bucks. he started to place sell orders for small quantities. this did not push the price down but it also did not let it go up either. After he got the price on the downtrend lime what happened today when shiba reversed . the whale started placing bigger quantities of shiba. he is so skilled he even shorted SHIBA on a downtrend. The price plummeted after the whale exhausts his entire supply of shiba The whale reversed his technique the price of shiba will go up now because the devil decided to so my advise for you all don't he greedy and put all your money even though the upcoming new price will make million