This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance Pay is launching a red packet giveaway to celebrate the Lunar New Year, where users from qualified countries and regions can invite friends to claim red packets, while also receiving an additional red packet themselves.
In addition, eligible users will be ranked according to the number of friends they have invited. The top 10 users on the invitation ranking will be rewarded with an additional $50 worth of crypto each!
Promotion Period: Now to 2025-02-28 23:59 (UTC)
How to Claim Your Free Red Packet via Binance Pay:
Step 1: Login to the latest version of the Binance App. Step 2: Tap the [Pay] icon in the top-right corner of the homescreen.Step 3: Select [Red Packet Giveaway] and tap the [Claim] button to receive the free red packet. To win additional rewards, tap on [Share to win] to send red packets to other users.
Claim your free red packet now!
Notes:
From now to 2025-01-31 (UTC), users will receive the token reward in ACT; From 2025-02-01 (UTC) to 2025-02-28 (UTC), the token reward received will switch to CGPT.Each red packet consists of up to $300 worth of rewards in supported virtual assets. Users will first receive rewards in ACT or CGPT, according to the period indicated above. However, in the event that the user has reached the reward limit for ACT or CGPT, this user may receive the reward in other supported virtual assets. Binance reserves the right to cancel any previously announced successful rewards, if it determines in its sole and absolute discretion that such Eligible User has breached these Campaign Terms such as using cheats, mods, hacks, etc.
Terms & Conditions:
For all Binance Pay Users: All Binance Account holders ("Pay Users") who visit the Binance Pay Campaign landing page (or such other landing page as may be specified by us from time to time), log in to their account and click the “Claim” button, will be eligible to receive one free red packet ("Pay Red Packet"). Each red packet consists of up to $300 worth of rewards in supported virtual assets. These Pay Red Packets are limited, and will be distributed on a first-come, first-served basis.Extra Red Packets for successful invitations ("Invitation Red Packet"): If a Binance Pay User invites another User to sign up and successfully complete the KYC for a Binance Account ("Invited User"), and that Invited User thereafter also participates successfully in this Campaign ("Successful invitation"), then both the Binance Pay User and the Invited User will each receive an Invitation Red Packet. Each red packet consists of up to $300 worth of rewards in supported virtual assets. These Invitation Red Packets are also limited, and will be distributed on a first-come, first-served basis.Eligible Users can share the Campaign activity link or poster with their friends through social media. Invitation Red Packets will only be distributed if there are “Successful Invitations”. Eligible Users can check the status of invites that they have sent in "Reward Details". Each Invited User can only be invited once during the Promotion Period. The successful user entitled to a red packet shall be the one who provided the link through which the user clicked and successfully received a Pay Red Packet.Users are strictly prohibited from:Using cheats, mods, hacks, or third-party software to alter the Binance Pay Red Packet Campaign results;Employing software to mine data, intercept, or collect information related to the Campaign;Selling, buying, trading user accounts, or impersonating others in connection with user accounts, including any similar or circumvention actions.If Binance suspects or determines any fraudulent, suspicious, or unauthorized activity (“Fraud Action”), Binance may:Suspend or terminate your Binance Account;Disqualify you from the Campaign and revoke all related points, entitlements, and rewards.Binance reserves the sole discretion to amend or vary these terms at any time without prior notice, including canceling, extending, terminating, or suspending the Campaign, modifying eligibility criteria, winner selection, or timing.Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software. For more information, see our Terms of Use, Risk Warning and Red Packet Giveaway Campaign T&C.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
2025-01-23

As markets reel from a sharp selloff in tech stocks due to a new AI player in the space, many investors are turning their attention to the cryptocurrency market. Searching for the best crypto to buy now has become a key priority for traders hoping to hedge their portfolios or capitalize on emerging trends. 

In this article, we’ll explore the ongoing turbulence in the stock market, analyze how cryptocurrencies have reacted, and spotlight three coins that stand out as the best crypto to invest amidst the chaos.

Table of Contents

Tech Stocks Selloff: What’s Happening?

Crypto Market Resilience: A Glimmer of Hope

Top 3 Cryptos to Watch

Conclusion

Tech Stocks Selloff: What’s Happening?

The recent downturn in tech stocks has sent shockwaves through the broader financial markets. Key players in the artificial intelligence (AI) space, which fueled much of 2023 and 2024’s market optimism, have taken significant hits. A prominent example is the 11% drop in DeepSeek Technologies, a leading AI company, following a re-evaluation of growth potential in the sector (Investing.com). Similarly, giants like NVIDIA and Microsoft saw declines of 16% and 6%, respectively, last week as investor sentiment soured.

This tech selloff isn’t isolated; concerns about overvaluation and waning demand are rippling across the market. While the Nasdaq Composite dropped 5% in a single week, broader indices like the S&P 500 and Dow Jones also shed 3% and 2%, respectively. This downward pressure has left investors scrambling for safer or more lucrative alternatives – and cryptocurrencies look like a better option to offset the bleeding.

Crypto Market Resilience: A Glimmer of Hope

While the stock market turmoil has dragged down tech giants, cryptocurrencies have shown surprising resilience. Although Bitcoin (BTC) briefly dipped below $99,000 during the selloff, it quickly recovered to hover near $100,000. Ethereum (ETH) and XRP also faced minor pullbacks but regained strength faster than many expected.

Why the divergence? Speculation is that institutional investors and crypto whales are quietly accumulating in anticipation of a continuation of the 2025 bull run. Many believe cryptocurrencies are decoupling from traditional financial markets, supported by their growing use cases and increasing acceptance. Amidst this backdrop, identifying the top altcoins to buy becomes crucial for those looking to ride the wave.

Below, we highlight three cryptos poised for significant growth: The Rise of Memes ($RISE), Ethereum (ETH), and XRP.

Top 3 Best Crypto To Buy Now

1. The Rise of Memes ($RISE)

One of the most exciting new entrants to the market, The Rise of Memes ($RISE), has captured the attention of retail and institutional investors alike. Riding the growing popularity of meme-based coins, $RISE has emerged as a top contender for exponential growth. With its focus on community-driven innovation, $RISE isn’t just another meme token; it integrates utility by offering an engaging mobile game focused on bringing the crypto community together.

Price predictions suggest $RISE has 100x growth potential, driven by its limited supply, active developer team, and viral marketing campaigns. If you’re searching for the next big crypto, $RISE could be your answer.

2. Ethereum (ETH)

Ethereum, the second-largest cryptocurrency by market capitalization, remains a cornerstone of the blockchain ecosystem. Known for its smart contract capabilities, Ethereum powers a vast majority of decentralized applications (dApps) and non-fungible tokens (NFTs).

As Ethereum transitioned to its more efficient proof-of-stake model, its long-term outlook remains incredibly bullish. There is a probability that Ethereum could see 2x growth, climbing to $6,000 during the next bull run. With its unmatched developer community and growing institutional adoption, ETH remains one of the best cryptos to invest for both beginners and seasoned traders.

3. XRP

XRP, the native token of the Ripple network, has been making headlines due to its pivotal role in cross-border payments. Ripple’s recent legal victory against the SEC has also revitalized investor confidence in XRP’s future. With major banks and payment providers integrating Ripple’s blockchain solutions and obtaining a money-transmitter license in certain U.S. states, XRP has positioned itself as a critical player in global finance.

This bull run XRP could potentially experience 5x growth as adoption of its technology accelerates, particularly in regions like Asia and the Middle East. For those eyeing the top altcoins to buy, XRP is undoubtedly a strong contender.

Summary

The recent tech stock selloff has underscored the importance of diversification and adaptability for investors. While traditional markets may face prolonged turbulence, cryptocurrencies are proving to be a resilient and promising alternative. For those seeking the best crypto to buy now, $RISE, Ethereum, and XRP offer unique opportunities for growth.

Whether you’re a seasoned investor or a crypto newcomer, these three assets deserve a spot on your watchlist. From $RISE’s explosive potential to Ethereum’s foundational role in the blockchain ecosystem and XRP’s transformative cross-border capabilities, the future of these cryptocurrencies looks brighter than ever. Make your move now and position yourself for success in the evolving financial landscape.

The post Did Donald Trump Buy $48 Million Ethereum? The Mystery Behind the Mega Purchase appeared first on Coinpedia Fintech News

While the White House is making its last-minute arrangements to welcome Donald Trump, ventures and persons linked to the Trump family have made some sensational moves in the cryptocurrency market. The latest is the massive Ethereum purchase done by World Liberty Financial.

Interesting, hinting at more exciting developments, Eric Trump states: “Wait until you see what they do tomorrow.” Definitely, the Trump family’s engagements have created extreme excitement in the market. The element of curiosity has been lifted to its peak.

What’s next? Let’s examine the scenario a bit deeper. Ready? Dive in!

Trump’s WLF’s $48 Million Ethereum Purchase 

On January 19, World Liberty Financial, a DeFi venture linked to US President-elect Donald Trump, acquired as much as 14,403 ETH at an average price per coin of $3,300. This indicates that the DeFi project invested at least $48 million to materise the deal. Data shows that, with the recent purchase, the total ETH holdings of WLF has surged to around 28,612 ETH. Considering that, at the time of writing, the price of Ethereum stands at $3,357, the value of the total ETH holdings of WLT is at least $96,050,484.

Analysts, like Min Jung, opine that WLF operates more like a fund than a traditional DeFi protocol. 

WLF Token Sales and Asset Growth 

Reports suggest that WLF has sold at least 20% of its total token supply. Highlighting that the WLF team is preparing to utilise the growing demand for the asset, reports also reveal that it is set to open an additional block of 5% of the supply. 

According to reports, the value of the total holdings of WLF has sharply surged from around $187 million to over $235 million. 

Trump Family’s Growing Crypto Influence 

In the last weekend, at least two sensational meme coin launches were made by the Trump family. 

$TRUMP, launched on January 18, has seen a growth of 837.15% so far. Its price now stands at $60.61. At one point on January 19, it touched a peak of $72.62.  

$MELANIA, introduced a day after the launch of $TRUMP, has witnessed a surge of 42.80%. Its price now remains at $13.06. At one point on January 20, it reached a peak of $12.95. In the last 24 hours alone, the meme coin has experienced a rise of 75.8%. 

Eric Trump, the son of Donald Trump, expresses extreme happiness about the way his family has created a buzz in the cryptocurrency market. Meanwhile, he also hints at more sensational developments. 

WLT’s Controversial Actions & Market Concerns 

Recently, WLT’s action to move $60 million in assets triggered serious speculations. Later, the WLT team, dismissing all the speculations that emerged related to the action, defended it as “routine treasury management”.   

In conclusion, World Liberty Financial’s strategic Ethereum acquisition, coupled with the Trump family’s meme coin ventures, underscores the intersection of crypto and politics. As the story unfolds, these developments are poised to reshape perceptions of blockchain’s potential.