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with God money will be made than history! amen
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We've just topped up our reward pool 🎉 Last 7 days to unlock up to 100 USDT in rewards!
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Share any Square content links with your friend and each of you can unlock a USDT reward of up to 2 USDT each time.
Unlock BIGGER rewards when you share it with a friend new to Binance! New users can also complete extra tasks to unlock extra rewards.
Share to Win up to 100 USDT now!
Stablecoin Dominance Hits Lowest Since December 2021 Despite Record Monthly Supply.
Even though December had the greatest monthly supply addition since February 2022, the overall market cap domination of stablecoins dropped to 8.07%, marking the lowest market share since December 2021.
A CCData research report showed that in November, the overall market capitalization of stablecoins increased by 3.43% to $128 billion.
As of December 18, the asset class had already surpassed $129 billion, suggesting that the upward tendency would continue.
USDT Market Cap For the First Time Exceeds $90 Billion
December marked the first time that USDT's market capitalization exceeded $90.8 billion.
This accomplishment represents an all-time high for the stablecoin and the first time that a stablecoin has ever crossed the $90 billion market value threshold.
Additionally, this marks the fourth month in a row with an increase in market value of the most popular stablecoin.
At 70.2%, USDT has the greatest market share among the top 10 stablecoins since January 2021.
According to CCData researchers, the trading volume for USDT pairings on centralized exchanges hit $662 billion in November, the highest level since March 2023.
First Digital USD proved to be the most notable stablecoin for the month of December (FDUSD). As of December 18th, the market value of FDUSD increased by 92.6% to $1.63 billion, setting a new milestone for the stablecoin.
After USDT, USDC, Dai, and TrueUSD, this stablecoin has taken the place of BinanceUSD (BUSD) as the fifth-largest stablecoin for the first time.
Binance Removes BUSD Support
Binance declared this month that it will no longer support its stablecoin. The market capitalization of BUSD had decreased for 13 months running, reaching $1.47 billion in December.
Once accounting for around 36.4% of Binance's trading volume, the stablecoin has been steadily phased out in favor of TrueUSD and First Digital USD when the US SEC filed it with a Wells Notice in February. #BAKE #BTC #sol #COQ #BONK
Even though December had the greatest monthly supply addition since February 2022, the overall market cap domination of stablecoins dropped to 8.07%, marking the lowest market share since December 2021.
A CCData research report showed that in November, the overall market capitalization of stablecoins increased by 3.43% to $128 billion.
As of December 18, the asset class had already surpassed $129 billion, suggesting that the upward tendency would continue.
USDT Market Cap For the First Time Exceeds $90 Billion
December marked the first time that USDT's market capitalization exceeded $90.8 billion.
This accomplishment represents an all-time high for the stablecoin and the first time that a stablecoin has ever crossed the $90 billion market value threshold.
Additionally, this marks the fourth month in a row with an increase in market value of the most popular stablecoin.
At 70.2%, USDT has the greatest market share among the top 10 stablecoins since January 2021.
According to CCData researchers, the trading volume for USDT pairings on centralized exchanges hit $662 billion in November, the highest level since March 2023.
First Digital USD proved to be the most notable stablecoin for the month of December (FDUSD). As of December 18th, the market value of FDUSD increased by 92.6% to $1.63 billion, setting a new milestone for the stablecoin.
After USDT, USDC, Dai, and TrueUSD, this stablecoin has taken the place of BinanceUSD (BUSD) as the fifth-largest stablecoin for the first time.
Binance Removes BUSD Support
Binance declared this month that it will no longer support its stablecoin. The market capitalization of BUSD had decreased for 13 months running, reaching $1.47 billion in December.
Once accounting for around 36.4% of Binance's trading volume, the stablecoin has been steadily phased out in favor of TrueUSD and First Digital USD when the US SEC filed it with a Wells Notice in February. #BAKE #BTC #sol #COQ #BONK
BREAKING‼️ Hashdex drops new Bitcoin ETF commercial!
Competition is gonna be 🔥#BTC #ETH #INJ #BONK #BinanceWish
Competition is gonna be 🔥#BTC #ETH #INJ #BONK #BinanceWish
User-Friendly Interface: Even novices may easily navigate Binance's user-friendly interface. In order to give all customers a complete trading experience, the platform also provides advanced trading options for those with more experience.
In summary, Binance is the greatest cryptocurrency exchange because of its large selection of cryptocurrencies, excellent liquidity, affordable fees, robust security, and intuitive user interface. It is the best option for both novice and seasoned traders because of these features. With unmatched advantages for its consumers, Binance continues to dominate the cryptocurrency sector as it continues to grow in popularity.
#BTC #BinanceWish #ACE #ETH #BONK
In summary, Binance is the greatest cryptocurrency exchange because of its large selection of cryptocurrencies, excellent liquidity, affordable fees, robust security, and intuitive user interface. It is the best option for both novice and seasoned traders because of these features. With unmatched advantages for its consumers, Binance continues to dominate the cryptocurrency sector as it continues to grow in popularity.
#BTC #BinanceWish #ACE #ETH #BONK
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koinmilyoner
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Bullish
💵The Best Way to Make $100 Every Day with Binance💵
🔶Day Trading: If you want to make money from short-term price changes in coins, you can try day trading them. But to do this, you need to know a lot about market trends, technical analysis, and chart patterns. Setting stop-loss orders is also important to limit the amount of money that could be lost.
🔶When you use swing trading, you hold on to your positions for days or weeks at a time to try to catch bigger price changes. Once more, you need to know a lot about market study.
🔶Holding: Some people buy cryptocurrencies with the hope that their value will rise over time and keep them for a long time. This has less to do, but it may be less dangerous and stressful.
🔶Staking and Yield Farming: If you stake or yield farm certain cryptocurrencies, you can make money overnight. But this comes with risks, so you should carefully study the assets and sites in question.
🔶Arbitrage: In this strategy, you buy a coin on one exchange where the price is lower and sell it on another exchange where the price is higher. It's hard and might need to be done quickly.
🔶Leveraged Trading: Be careful when you use leveraged trading because it makes both wins and loses bigger. It is suggested for sellers with a lot of knowledge.
#BinanceWish #BinanceTournament
🔶Day Trading: If you want to make money from short-term price changes in coins, you can try day trading them. But to do this, you need to know a lot about market trends, technical analysis, and chart patterns. Setting stop-loss orders is also important to limit the amount of money that could be lost.
🔶When you use swing trading, you hold on to your positions for days or weeks at a time to try to catch bigger price changes. Once more, you need to know a lot about market study.
🔶Holding: Some people buy cryptocurrencies with the hope that their value will rise over time and keep them for a long time. This has less to do, but it may be less dangerous and stressful.
🔶Staking and Yield Farming: If you stake or yield farm certain cryptocurrencies, you can make money overnight. But this comes with risks, so you should carefully study the assets and sites in question.
🔶Arbitrage: In this strategy, you buy a coin on one exchange where the price is lower and sell it on another exchange where the price is higher. It's hard and might need to be done quickly.
🔶Leveraged Trading: Be careful when you use leveraged trading because it makes both wins and loses bigger. It is suggested for sellers with a lot of knowledge.
#BinanceWish #BinanceTournament
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NotPriceSurge
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12 Posts
$OM
🌟 OM/USDT: Technical Analysis at $3.6574 🌟
OM is trading at $3.6574, setting the stage for a potential breakout or retracement as it approaches crucial levels. Here’s what traders need to know:
📉 Support Levels:
$3.6000: Immediate support, where buyers are likely to defend the uptrend.
$3.5000: A stronger support zone, providing a safety net if the price dips further.
📈 Resistance Levels:
$3.7500: The first major resistance; a breakout here could ignite bullish momentum.
$4.0000: A psychological and technical resistance zone, marking a key target for the bulls.
🎯 Trading Strategy:
Bullish Scenario: Look for a breakout above $3.7500 with strong volume as confirmation, aiming for $4.0000 or higher.
Bearish Scenario: If the price fails to clear $3.7500, a pullback toward $3.6000 or $3.5000 could offer shorting opportunities.
OM is at a decisive point, with the next move likely to define its short-term trend. Keep an eye on volume and candlestick patterns to validate entries. Will OM climb higher or retrace to build strength? Stay vigilant and trade smart! 🚀
#NotPriceSurge #BTCKeyZone #GameFiOnTheRise #ETHPriceSurge #Write2Earn!
Crypto Master 786
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BTCKeyZone
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13 Posts
GameFiOnTheRise
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13 Posts
