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Binance Announces 75X Futures: That Altcoin Price Fluctuated Sharply! The leading crypto Bitcoin turned south after heading north. Amid these developments, Binance announced that it will add a new token to its list in the futures market. The token price witnessed sharp price fluctuations due to this development. The market is still struggling to find a clear direction. Despite this uncertainty in the market, market players continue on their way. Major cryptocurrency exchange Binance announced that BinanceEarn, Buy Crypto with One Click, Instant Exchange, Leveraged Tokens, BinanceLaunchpool and Binance Futures will list Bio Protocol (BIO). Binance will launch BIO's 1-75x leveraged reverse perpetual contract on January 3, 2025 at 15:15 Turkish time. In this context, the exchange made the following announcement: Dear Binance users, Binance is excited to announce that $BIO Protocol (BIO) will be added to Binance Simple Earn, “Buy Crypto”, Binance Convert, Binance Margin, Binance Auto-Invest, and Binance Futures on the relevant dates and times listed below. Following this development, BIO reached $ 1,477 at the listing price. However, the token later lost altitude. At the time of writing, the token was trading at $ 0.66. Thus, it saw a decrease of approximately 17% compared to its initial price. Meanwhile, the trading volume of the token was also flat. Therefore, it reflected that traders and investors do not have serious interest in the token for now. BIO Flexible Products will be listed on Simple Earn on 03.01.2025 at 13:00 CET. It will also be available for subscription. It will be available to users starting from 06.01.2025 and 13:00 GMT. Users can buy BIO using any of the payment options supported on Binance Auto Deposit. Users can buy $BIO with #VISA , #MasterCard , #GooglePay , #ApplePay . Or they will have access within an hour of BIO being listed on BinanceSpot. Thus, they can buy and sell BIO with their wallet balances on the “Buy Crypto” page.
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Binance Announces Suspension: This Altcoin Price Crashed! #Binance suspended BSC deposits due to security concerns. The price of that altcoin saw a sharp decline after this. However, Binance’s decisions, such as delisting WRX, have a significant impact on market dynamics. Citing a possible security issue, Binance announced that TROY-BEP20 deposits on Smart Chain (BSC) have been suspended. The exchange stated that the decision was made to protect users as concerns arose regarding the collateral verification of the token contract. The suspension significantly affected market sentiment, effective from January 2. In the process, it caused a sharp drop in the altcoin price of over 40%. The major exchange announced in its announcement that it will no longer support the token on the #BSC network until the issue is resolved. The exchange is actively working with the TROY project team to verify the collateral attached to the minted tokens. However, Binance also noted that the project team did not provide sufficient explanation and left the situation unresolved. The exchange also noted that deposits could be reopened if the token is deemed safe. However, it did not provide a specific timeline. Ethereum-based deposits and withdrawals for $TROY remain functional. Therefore, the suspension only affects BSC. Despite this, the incident has raised concerns about TROY’s overall stability. Investors and market participants have criticized the #TROY project team’s lack of transparency, further eroding confidence in the token’s reliability and long-term prospects. TROY was trading at $0.004533 at the time of writing. This marked a sharp 25% drop in the past 42 hours. The token’s daily low and high were $0.00357 and $0.00813, respectively. Its market cap is $41 million and its trading volume is $522 million. The altcoin’s price decline indicates increasing selling pressure and reflects increasing investor panic.
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#Bitcoin 3 Ocak: 2015: $281 2016: $430 2017: $1.043 2018: $15.201 2019: $3.838 2020: $7.315 2021: $33.048 2022: $46.525 2023: $16.682 2024: $42.857 2025: $97.065 Mutlu yıllar, 💸Bitcoin! 🚀 Solv, bu mirası devam ettirmek için burada. #Bitcoin #SolvBTC
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🧙♂️ BlackRock's spot #Bitcoin ETF (IBIT) had the third highest cash inflow among all ETFs in 2024. $BTC $ETH $BNB #BIOOnBinance #BinanceAlphaAlert #Binance250Million
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Binance Alpha Announces 11th Party: These 3 Altcoins Are Listed! Binance continues to update its lists. In addition, the exchange is expanding its options for its different platforms. In a recent development, Binance's new platform Binance Alpha announced its 11th party projects. In this context, the exchange announced Flock.io (FLOCK), Eliza (ELIZA), and #Metaverse (METAV) respectively. Binance is expected to suspend Dash (DASH) token deposits and withdrawals on the Dash network at 14:00 on January 7, 2025, to support its network upgrade and hard fork. The project team will perform the network upgrade and hard fork at block height 2,201,472 (expected on January 7, 2025). In an official announcement made by #Binance P2P, the crypto exchange announced that it has expanded its support for new trading pairs in certain fiat regions in Africa. Specifically, trading for DOGE, $PEPE , and SHIB tokens is now active against select African fiat currencies. These include ETB, GHS, KES, RWF, TZS, UGX, XAF, XOF, and ZAR. The platform’s massive user base uses various local payment methods in its P2P section. Thus, they are ready to trade these trading pairs directly. Overall, the improved trading offerings pave the way for more money to flow into the top meme coins as they increase their global market visibility. Meanwhile, positive or expanded offerings from leading crypto exchanges like Binance often boost investor sentiment. However, some analysts predict that the market is preparing for a potential rally. In line with Binance’s announcement, $DOGE gained 1% today. Thus, it traded at $0.3382. The coin’s 24-hour low and high were $0.3351 and $0.3442, respectively. Notably, the weekly chart for the token highlighted gains of 7%. Simultaneously, the $SHIB price witnessed gains of 2.5% on the day. The token was trading at $0.00002278 at the time of writing. The 24-hour low and high of the cryptocurrency were $0.00002215 and $0.00002294 respectively.
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