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Binance News
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Solana (SOL) Surges Amid Bitcoin ETF Approvals in Hong Kong and Successful Network Congestion Fix
According to Cointelegraph: Solana's (SOL) price has seen an uptick today, backed by multiple favourable factors: the Hong Kong regulator's approval of spot Bitcoin and Ether ETFs and an effective fix to Solana's network congestion issues.
SOL/USD vs. TOTAL crypto market's year-to-date performance chart. Source: TradingView
After one of the most bearish weeks in the crypto market since June 2023, triggered by geopolitical tensions in the Middle East, Solana and the rest of the crypto market are witnessing a robust recovery.
Source: X
Intriguingly, SOL's price surged to an impressive $156 on April 15, marking an increase of around 8% within 24 hours and a substantial rise of 31.35% from its low of about $120 merely two days ago.
Source: X
Some major catalysts behind this upward momentum include the Hong Kong regulator's approval for the launch of Bitcoin and Ether ETFs, as well as bullish sentiment around the forthcoming Bitcoin Halving in April.
Solana daily transactional volume. Source: Defi Llama
The spot Bitcoin ETF approval in the U.S. has already resulted in a 30.5% boost to the altcoin market since January 11. This could herald the entry of more institutional investors and pave the way for ETF approvals for other cryptocurrencies, such as Solana.
On the technical side, the Solana network successfully launched an update aimed at addressing network congestion issues that led to a 75% transaction failure rate in March. The update is the first in a series of planned enhancements that have been favourably received by the market.
Solana memecoins' hourly, daily, and weekly performances. Source: CoinGecko
Looking from a technical analysis perspective, Solana's price trajectory suggests a continued recovery trend, targeting the 50-day exponential moving average (50-day EMA) at around $160.75. If SOL breaks above its 50-day EMA, market sentiment indicates it could ascend toward its 1.618 Fibonacci retracement level, potentially reaching around $255 by June.
SOL/USD daily price chart. Source: TradingView
SOL/USD vs. TOTAL crypto market's year-to-date performance chart. Source: TradingView
After one of the most bearish weeks in the crypto market since June 2023, triggered by geopolitical tensions in the Middle East, Solana and the rest of the crypto market are witnessing a robust recovery.
Source: X
Intriguingly, SOL's price surged to an impressive $156 on April 15, marking an increase of around 8% within 24 hours and a substantial rise of 31.35% from its low of about $120 merely two days ago.
Source: X
Some major catalysts behind this upward momentum include the Hong Kong regulator's approval for the launch of Bitcoin and Ether ETFs, as well as bullish sentiment around the forthcoming Bitcoin Halving in April.
Solana daily transactional volume. Source: Defi Llama
The spot Bitcoin ETF approval in the U.S. has already resulted in a 30.5% boost to the altcoin market since January 11. This could herald the entry of more institutional investors and pave the way for ETF approvals for other cryptocurrencies, such as Solana.
On the technical side, the Solana network successfully launched an update aimed at addressing network congestion issues that led to a 75% transaction failure rate in March. The update is the first in a series of planned enhancements that have been favourably received by the market.
Solana memecoins' hourly, daily, and weekly performances. Source: CoinGecko
Looking from a technical analysis perspective, Solana's price trajectory suggests a continued recovery trend, targeting the 50-day exponential moving average (50-day EMA) at around $160.75. If SOL breaks above its 50-day EMA, market sentiment indicates it could ascend toward its 1.618 Fibonacci retracement level, potentially reaching around $255 by June.
SOL/USD daily price chart. Source: TradingView
BnB
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Mbeyaconscious
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🚀 Dive into the future with Binance's AEVO (AEVO) Launchpool 48! 🚀
🕰️ Set your clocks for a thrilling farming adventure lasting 5 days, starting from 07:00 March 8, 2024, to 6:59 March 12, 2024 (Vietnam Time). Get ready to stake your BNB & FDUSD for incredible rewards!
📈 Mark your calendars for the grand listing event at 17:00 March 13, 2024 (Vietnam Time), where AEVO will shine on the trading platform.
⚒️ Stake your claim with BNB & FDUSD and unlock the potential of AEVO tokens.
🔔 Aevo Launchpool is packed with excitement! With 45,000,000 AEVO up for grabs (that's 4.5% of the total token supply), this is your chance to be a part of something extraordinary.
💼 Discover Aevo's groundbreaking features as a derivative Layer 2 project, built on the OP Stack toolkit. With a lineage tracing back to the acclaimed Ribbon Finance project, Aevo is poised to revolutionize the market.
🌟 Aevo's user-friendly interface makes trading a breeze, offering a wide array of products including Perp, Option, and OTC, with a focus on emerging coins. Plus, enjoy advanced trading utilities such as order placement and SL/TP display directly on the chart.
🌙 Backed by heavyweights like Paradigm, DragonFly, and Coinbase Ventures, Aevo has already secured over 8.8 million USD in funding, solidifying its position as a rising star in the crypto space.
🌺 Stake your AEVO tokens to unlock sAEVO, granting you governance rights and a share of Aevo's revenue. And that's not all – in the future, sAEVO can even be used to pay transaction fees, further enhancing its utility.
Don't miss out on this groundbreaking opportunity with AEVO's Launchpool 48 on Binance – the future of trading awaits! 🌌
❤️ If you find this information helpful, consider supporting me through the Binance Tipping feature. Your generosity helps me provide quality content. 🙏🏿
Follow | Like ❤️ | Quote 🔄 | Comment
#Aevo #HalvingHorizons #WIF
🕰️ Set your clocks for a thrilling farming adventure lasting 5 days, starting from 07:00 March 8, 2024, to 6:59 March 12, 2024 (Vietnam Time). Get ready to stake your BNB & FDUSD for incredible rewards!
📈 Mark your calendars for the grand listing event at 17:00 March 13, 2024 (Vietnam Time), where AEVO will shine on the trading platform.
⚒️ Stake your claim with BNB & FDUSD and unlock the potential of AEVO tokens.
🔔 Aevo Launchpool is packed with excitement! With 45,000,000 AEVO up for grabs (that's 4.5% of the total token supply), this is your chance to be a part of something extraordinary.
💼 Discover Aevo's groundbreaking features as a derivative Layer 2 project, built on the OP Stack toolkit. With a lineage tracing back to the acclaimed Ribbon Finance project, Aevo is poised to revolutionize the market.
🌟 Aevo's user-friendly interface makes trading a breeze, offering a wide array of products including Perp, Option, and OTC, with a focus on emerging coins. Plus, enjoy advanced trading utilities such as order placement and SL/TP display directly on the chart.
🌙 Backed by heavyweights like Paradigm, DragonFly, and Coinbase Ventures, Aevo has already secured over 8.8 million USD in funding, solidifying its position as a rising star in the crypto space.
🌺 Stake your AEVO tokens to unlock sAEVO, granting you governance rights and a share of Aevo's revenue. And that's not all – in the future, sAEVO can even be used to pay transaction fees, further enhancing its utility.
Don't miss out on this groundbreaking opportunity with AEVO's Launchpool 48 on Binance – the future of trading awaits! 🌌
❤️ If you find this information helpful, consider supporting me through the Binance Tipping feature. Your generosity helps me provide quality content. 🙏🏿
Follow | Like ❤️ | Quote 🔄 | Comment
#Aevo #HalvingHorizons #WIF
I love binance
Binance is recognized for its user-friendly interface, extensive range of cryptocurrencies, and innovative features like staking and futures trading.$BNB #Write2Earn #BTC $SOL
Binance is recognized for its user-friendly interface, extensive range of cryptocurrencies, and innovative features like staking and futures trading.$BNB #Write2Earn #BTC $SOL
$BTC A new multi-week high was formed near $52,493 and the price is now consolidating gains. It is holding gains above the 23.6% Fib retracement level of the recent wave from the $48,240 swing low to the $52,493 high. There are also two bullish trend lines forming with support at $51,450 and $49,200 on the hourly chart of the BTC/USD pair.$#Write2Earn $BTC $BNB
#Write2Earn However, Look on Chain, an effective cryptocurrency analysis platform, has issued an important warning that may be valid if the BTC price exceeds $ 50,000.
According to the alert published by the analytics platform, data provided by Into The Block reported that as many as 375,000 cryptocurrency addresses purchased 119,480 BTC, worth approximately $6 billion, at $BTC 50,227 #bnb $BTC $ETH
According to the alert published by the analytics platform, data provided by Into The Block reported that as many as 375,000 cryptocurrency addresses purchased 119,480 BTC, worth approximately $6 billion, at $BTC 50,227 #bnb $BTC $ETH
My opinion is that $BTC will cross 50k
So don’t open any short positions
this is not the right time to open any position
"First, let BTC come in one direction and unfollow those who told you to open a short position. Don't waste your money like this."
Otherwise this isn’t financial advice do your own research.
So don’t open any short positions
this is not the right time to open any position
"First, let BTC come in one direction and unfollow those who told you to open a short position. Don't waste your money like this."
Otherwise this isn’t financial advice do your own research.
HTX
LIVETheNewsCrypto
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ARK21 Shares Spot Bitcoin ETF ‘ARKB’ Hits $1B AUM Milestone
ARK 21Shares is the third U.S. spot Bitcoin ETF to reach $1 billion in AUM.
A total of $1 billion in AUM were attained by BlackRock’s IBIT in only four days of trading.
At long last, the spot Bitcoin ETF that ARK Invest and 21Shares launched has entered the ranks of products with $1 billion in AUM. More than $1 billion worth of Bitcoin was recorded in 21Shares’ ARKB, its joint spot Bitcoin ETF with ARK Invest, as of February 9, according to an announcement made on twitter.
A rising tide of confidence and interest in digital assets, according to the asset manager, is responsible for the number. A screenshot was uploaded to the post on twitter that provided some facts regarding the ARKB market forecast.
A total of about 21,455 units, or around $1,021,886,846 at today’s market price, of Bitcoin were bought by the duo. The average trading volume for the ARK 21Shares spot Bitcoin ETF over the last five days is $81,777,474, and the average spread is close to 0.035%.
BlackRock Dominating
Moreover, according to James Seyffart, a senior ETF analyst at Bloomberg, ARK 21Shares is the third U.S. spot Bitcoin ETF to reach $1 billion in assets under management (AUM).
A total of $1 billion in AUM were attained by BlackRock’s IBIT in only four days of trading, in contrast to ARKB, which recently surpassed this milestone. Among the Bitcoin ETFs approved by the SEC, IBIT was the first to reach the milestone.
It is thought that BlackRock’s reduced sponsor fee and reputation before becoming a Bitcoin ETF Issuer contribute to the substantial amount of inflows that the company has received so far.
Highlighted Crypto News Today:
Robert Kiyosaki Warns of U.S. Financial Peril, Advocates Bitcoin
A total of $1 billion in AUM were attained by BlackRock’s IBIT in only four days of trading.
At long last, the spot Bitcoin ETF that ARK Invest and 21Shares launched has entered the ranks of products with $1 billion in AUM. More than $1 billion worth of Bitcoin was recorded in 21Shares’ ARKB, its joint spot Bitcoin ETF with ARK Invest, as of February 9, according to an announcement made on twitter.
A rising tide of confidence and interest in digital assets, according to the asset manager, is responsible for the number. A screenshot was uploaded to the post on twitter that provided some facts regarding the ARKB market forecast.
A total of about 21,455 units, or around $1,021,886,846 at today’s market price, of Bitcoin were bought by the duo. The average trading volume for the ARK 21Shares spot Bitcoin ETF over the last five days is $81,777,474, and the average spread is close to 0.035%.
BlackRock Dominating
Moreover, according to James Seyffart, a senior ETF analyst at Bloomberg, ARK 21Shares is the third U.S. spot Bitcoin ETF to reach $1 billion in assets under management (AUM).
A total of $1 billion in AUM were attained by BlackRock’s IBIT in only four days of trading, in contrast to ARKB, which recently surpassed this milestone. Among the Bitcoin ETFs approved by the SEC, IBIT was the first to reach the milestone.
It is thought that BlackRock’s reduced sponsor fee and reputation before becoming a Bitcoin ETF Issuer contribute to the substantial amount of inflows that the company has received so far.
Highlighted Crypto News Today:
Robert Kiyosaki Warns of U.S. Financial Peril, Advocates Bitcoin
India
LIVECrypto Man MAB
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BIG CRYPTO SCAM IN INDIA 🤷
True Story:
Indian businessman met a woman via a matrimonial website.
The man instantly fell in love with her.
Women: Babu, prove your love to me 😍
Man: Shona, anything for you!💋
Women: Invest in a crypto scheme that promises a monthly return.
Man: Invested 1.2 crore in a fraud ponzi scheme.
If you come across any such fraudulent schemes in the market, you can report them to the RBI.
#Write2Earn
True Story:
Indian businessman met a woman via a matrimonial website.
The man instantly fell in love with her.
Women: Babu, prove your love to me 😍
Man: Shona, anything for you!💋
Women: Invest in a crypto scheme that promises a monthly return.
Man: Invested 1.2 crore in a fraud ponzi scheme.
If you come across any such fraudulent schemes in the market, you can report them to the RBI.
#Write2Earn
New listing
LIVEMastering Crypto
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Upcoming Tokens Invested by Binance 🔥
🚀Binance recently listed $AI, $XAI, $MANTA, and $ALT tokens in GameFi and Infrastructure on the BNB Chain.
✔️Here are upcoming tokens invested by Binance Labs:
Get USDT Here
1. LayerZero | #Infrastructure
- Omnichain protocol facilitating seamless blockchain interactions.
- Funding: $293.9M
- Backers: Binance Labs, A16z, Paypal Ventures, The Spartan Group, OKX Ventures, Samsung NEXT.
2. Kinza Finance | #DeFi
- Decentralized lending protocol on BNB Chain with a focus on security.
- Funding: Not available
- Backer: Binance Labs.
3. ZkPass | Infrastructure
- Provides TransGate for selective authentication and data privacy in web3.
- Funding: $2.5M
- Backers: Binance Labs, Sequoia China, OKX Ventures, and others.
4. Polyhedra | Infrastructure
- Web3 infrastructure platform emphasizing security and scalability.
- Funding: $25M
- Backers: Binance Labs, Polychain Capital, Animoca Brands.
5. GOMBLE Game | GameFi
- Focuses on traditional games on the blockchain for core gaming experience.
- Funding: Not available
- Backers: Binance Labs, Animoca Brands, SPARTAN, Polygon Ventures.
6. KiloEx | DeFi
- DEX Futures platform on BNB Chain offering seamless trading.
- Funding: Not available
- Backer: Binance Labs.
🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.
#TradeNTell #Write2Earn #AmanSaiCommUNITY
🚀Binance recently listed $AI, $XAI, $MANTA, and $ALT tokens in GameFi and Infrastructure on the BNB Chain.
✔️Here are upcoming tokens invested by Binance Labs:
Get USDT Here
1. LayerZero | #Infrastructure
- Omnichain protocol facilitating seamless blockchain interactions.
- Funding: $293.9M
- Backers: Binance Labs, A16z, Paypal Ventures, The Spartan Group, OKX Ventures, Samsung NEXT.
2. Kinza Finance | #DeFi
- Decentralized lending protocol on BNB Chain with a focus on security.
- Funding: Not available
- Backer: Binance Labs.
3. ZkPass | Infrastructure
- Provides TransGate for selective authentication and data privacy in web3.
- Funding: $2.5M
- Backers: Binance Labs, Sequoia China, OKX Ventures, and others.
4. Polyhedra | Infrastructure
- Web3 infrastructure platform emphasizing security and scalability.
- Funding: $25M
- Backers: Binance Labs, Polychain Capital, Animoca Brands.
5. GOMBLE Game | GameFi
- Focuses on traditional games on the blockchain for core gaming experience.
- Funding: Not available
- Backers: Binance Labs, Animoca Brands, SPARTAN, Polygon Ventures.
6. KiloEx | DeFi
- DEX Futures platform on BNB Chain offering seamless trading.
- Funding: Not available
- Backer: Binance Labs.
🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.
#TradeNTell #Write2Earn #AmanSaiCommUNITY
ETF
LIVEMoon5labs
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Em Alta
🔥🔥Breaking News🟢🟢
#BITCOIN ETF TRADING VOLUME CLIMBS PAST 💲2.3 BILLION📈
#etf #BTC #ETH #SpaceCatch
#BITCOIN ETF TRADING VOLUME CLIMBS PAST 💲2.3 BILLION📈
#etf #BTC #ETH #SpaceCatch