📈 Stablecoins surged in 2024, with $USDC growing 73% and $2 | CoinRank en Binance Square

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📈 Stablecoins surged in 2024, with $USDC growing 73% and $27.1T in transactions settled.
#stablecoin  #USDC 

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🌟Breaking 100K Users! #CoinRank North America Presents - Share $5,000 Grand Prize Pool #Giveaway 🥇$1,000 Grand Prize (1 winner) 🥈$500 Each (3 winners) 🥉$100 Each (5 winners) ⭐️$2 Welcome Bonus (First 1,000 new subscribers) 📝To Enter: Follow @CoinRank_io Like & Retweet Share your CoinRank experience in comments Complete registration at https://coinrank.io ⏰December 20-31, 2024 ⚠️ Winners will be selected through random drawing and will receive a reward claim email after the event ends. The list of winners will also be announced on X. #CoinRank #Web3 #Airdrop

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📊 Since selling 100 $ETH on Dec 17, $ETH has dropped ~17%. Over the past year, the Ethereum Foundation sold 4,466 $ETH ($12.6M), with 15 of 32 trades made at market peaks.

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📊 Top 5 Most Popular Cryptocurrencies of the Day (December 20) 🔤 $MOVE – Market Value: $1.8B (+11.50%) 🧠 $ZEREBRO – Market Value: $336.32M (+23.88%) 🌏 $ZEN – Market Value: $291.55M (+20.46%) 📁 $STRAX – Market Value: $157.97M (+33.25%) 🐧 $BABYPENGU – Market Value: $6.45M (+3880.04%) #MOVE #ZEREBRO #ZEN #STRAX #BABYPENGU

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💥 QCP Capital: Overly Bullish Positioning Behind Market Crash The hawkish #FOMC triggered a sharp selloff in risk assets: - Nasdaq fell 3.56%, S&P 500 dropped 2.95%, and $BTC declined 6.13%. - $BTC hit a low of $98,800 during the Asia session, with altcoins losing over 10%. - The market saw $258.6M in long liquidations. 👉 While the #Fed ’s expected 25bps cut wasn’t the issue, the panic was driven by a revised dot plot, now projecting 2 rate cuts in 2025, below the market's expectation of 3. 👉 QCP points to the root cause being overly bullish market positioning, leaving risk assets vulnerable after a one-sided rally post-election.

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🐳 Lookonchain: A whale deposited 49,910 $ETH ($170M) into #Binance and withdrew $137.8M worth of stablecoins from #Binance in the past 8 hours.

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