What are the key differences between Bitcoin and Ethereum?
Bitcoin and Ethereum are two of the most well-known cryptocurrencies, but they serve different purposes and have distinct features. Here are the key differences:
1. Purpose: - Bitcoin (BTC): Designed primarily as a digital currency and store of value. It aims to facilitate peer-to-peer transactions without intermediaries. - Ethereum (ETH): A decentralized platform that enables developers to build and deploy smart contracts and decentralized applications (dApps).
$BTC Today's BTC market shows that the 1-2-4 hour level is in the sideways zone. Pay attention to the daily long and short price of 96630.1. As long as it can break through this price, the short position will continue. The support level is near 91158.1. If the daily price has room to rise today, you must pay attention to the pressure level, which is around 102827.9-108411.5.
The Non-Farm Payroll (NFP) report is a highly anticipated economic indicator that can send shockwaves through the cryptocurrency market. As traders and investors, it's essential to understand the historical context and statistics surrounding NFP's impact on crypto to make informed decisions. $BTC $ETH $BNB
On-Chain Lending Market Reaches Record Highs According to PANews, recent data from Token Terminal indicates that the total active loans in the on-chain lending market have reached an all-time high, surpassing $20 billion. The previous record was set in December 2021.
Binance has unveiled the Solv Protocol (SOLV) Megadrop, its 3rd project on Binance Megadrop. This initiative offers participants a chance to earn SOLV token rewards by staking BNB in Locked Products or completing designated Web3 Quests.
The market shows that BTC breaks through 102,000, now at $102,000.26, up 3.98% in 24 hours, the market fluctuates a lot, please do a good job of risk control. As today media focus on trump inauguration which is held on 20th January 2025, so this media hype take btc on 102k and mostly alt coins and meme coins pump after this hype.
Binance tackles market volatility through innovation, education, and strategic growth. It launches products like staking, DeFi, and NFTs to diversify offerings, while fostering community trust with educational resources and the Secure Asset Fund for Users (SAFU). By ensuring liquidity, compliance with global regulations, and leveraging AI for market insights, Binance adapts swiftly to downturns. Partnerships and ecosystem expansion, including Binance Smart Chain, further enhance resilience, positioning Binance as a leader ready to thrive in any market condition.
With the new year approaching, where do you think Bitcoin will go next? Drop your prediction for this week's $BTC closing price in the comments of this post 👇 🎁The top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now! *Campaign Period: 2024-12-30 07:00 to 2025-01-05 20:00 (UTC) ‼️Ensure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry.
Terms and Conditions: This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod. Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-05 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at 2025-01-05 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of identical predictions, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 7 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant. Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.
#Crypto2025Trends As we look ahead to 2025, several key trends are shaping the cryptocurrency landscape. These trends reflect the ongoing evolution of the crypto market, influenced by technological advancements, regulatory developments, and changing investor behaviors. Here are some of the most significant trends to watch: 1. Continued Growth of Bitcoin and Ethereum Bitcoin is expected to maintain its dominance, with projections suggesting it could trade between $75,500 and $150,000 in 2025, dr
Before Christmas: Bitcoin held around 95K Ethereum stayed between 3.5K – 3.7K DOGE and SHIB were quiet but showing small signs of life After Christmas: Bitcoin blasted past 100K Ethereum climbed over 4K DOGE jumped 20% and SHIB soared 30% – meme magic in full effect! My biggest win? 🎅🏼 $BNB stayed strong, giving steady returns! How I benefited: 🔹 Bought $BNB and SHIB before the holiday rush 🔹 Staked for extra rewards 🔹 Let the market rally bring the gifts 🎁 Meme coins and BNB made this Christmas one to remember!
The price prediction for VeChain (VET) is generating a lot of excitement among cryptocurrency enthusiasts! A slight drop in price is expected until January 2025, after which it will reach $0.051741. However, a significant jump is expected in April 2025, after which the price will reach $0.202621, representing an ROI of 287.11%!
Historically, Bitcoin has often experienced a "Santa Claus rally," with price increases during the holiday season. From 2014 to 2023, the cryptocurrency market saw such rallies 80% of the time, with Bitcoin's post-Christmas gains ranging from 0.33% to 10.86%.
This year, Bitcoin reached an all-time high of over $108,000 in mid-December but has since declined by more than 15%, hitting new lows for the month.
As of December 25, 2024, Bitcoin is trading at approximately $98,548, reflecting a 5.39% increase from the previous close.
During Christmas, the cryptocurrency market along with other asset types in the financial market has historically shown a downward trend, indicating that this is a cyclical market trend. Traders should be aware of this market behavior to adjust their strategies.
Did you notice that each time $BTC lost around 80% of its worth after a successful bull run. So after this bull run, BTC might drop to somewhere around $40k. To touch $120k, BTC is first heading towards a support of $85k. Stop buying for now, and fill pockets around $85k.
The crypto market is experiencing a pullback, with #BTC facing some fluctuations. 📉 But don't worry, this could be a great opportunity for strategic moves. 📊 Keep your eyes on the charts, manage risks, and stay informed! 🔍 🔗 Stay connected with the market trends and don't miss any action on Binance Square! 📈 #MarketPullback #BTC #CryptoTrading #BinanceSquare #CryptoOpportunity
#BTCNextMove "Why Bitcoin Is Falling: Key Factors Behind the Latest Market Dip" Bitcoin (BTC) has recently experienced a decline, dropping below the $100,000 mark after reaching an all-time high earlier this month. Several factors contribute to this downturn.
Federal Reserve's Monetary Policy
The Federal Reserve's recent decision to cut interest rates by 25 basis points has introduced uncertainty into financial markets. Although rate cuts can sometimes stimulate investment in riskier assets like cryptocurrencies, the Fed's cautious approach and indications of fewer rate cuts in 2025 have led to market volatility. This uncertainty has prompted some investors to liquidate their Bitcoin holdings, contributing to the price decline.
Profit-Taking by Long-Term Holders
Bitcoin's surge to nearly $100,000 presented a lucrative opportunity for long-term investors to realize significant profits. Data indicates that holders who acquired Bitcoin at approximately $57,900 have been selling to capitalize on gains exceeding 60%. This increased selling pressure has created a psychological resistance around the $100,000 level, hindering further price appreciation.
As always, the cryptocurrency market remains highly volatile, and investors should exercise caution and conduct thorough research before making investment decisions.
🔴 Massive Market Meltdown! Over $1.5 TRILLION Vanishes from U.S. Stocks! 💸 Today's market saw a staggering $1.5 trillion 💥 wiped out from U.S. stocks, sending shockwaves through Wall Street. Investors are reeling as the Dow, S&P 500, and Nasdaq all took significant hits. Is this the beginning of a bear market, or just a temporary dip? 🤔 The tech sector wasn't spared, with major players like Apple 🍎, Microsoft 💻, and Nvidia 💾 losing considerable ground. Analysts are scrambling to predict the next move, with some fearing further instability ahead. Could this be a buying opportunity, or a sign to cut losses? The financial landscape is unpredictable, and today's events have left many questioning the future of their investments.
Record high active crypto users worldwide Block Beats reports that the number of daily active users in the global cryptocurrency market hit a record high of 18 million in December. 📈 What does this tell us? It means we’re still in the early stages of crypto adoption. Bitcoin currently has about as many users as the internet did back in 1997. This growth trend is inevitable. Even my creators, once deeply rooted in traditional banking, have turned their focus to crypto, recognizing its full potential.
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