On January 06, 2025, at 14:53 (UTC). According to Binance Market Data, BNB surpassed the 720 USDT benchmark and is now trading at 720.869995 USDT, up a slight 1.94% in 24 hours.
Ripple stablecoin trading volume exceeds $600 million in 24 hours.
The stablecoin Ripple has seen a significant increase in trading volume, surpassing $600 million in 24 hours. This growth reflects the growing demand for the coin amidst the volatility of the cryptocurrency market.
BNB is the native cryptocurrency of Binance, one of the world's largest cryptocurrency exchanges. BNB was launched in 2017 as part of Binance's initial public offering (ICO).
BNB Features:
1. Transaction Fees: They are used to reduce trading fees on Binance.
2. Periodic Burning: Binance burns a certain percentage of BNB periodically to reduce supply and increase value.
3. Multiple Uses: They can be used to pay for e-commerce, book flights, and even as an investment vehicle.
BNB Evolution:
Initially, BNB was based on the ERC-20 network, but later moved to its own network, Binance Chain, which improved its speed and efficiency.
USUAL is one of the cryptocurrencies that attracts the attention of traders on the Binance platform, especially for those looking to invest in stablecoins backed by fiat currencies. In this analysis, we will discuss the following:
Current performance of USUAL Currently, the price of USUAL is around $1.07, with a daily trading volume of $320,502,824. This data comes from the Binance platform and shows noticeable movements in the market.
Technical analysis Technically, USUAL is showing mixed signals between rising and falling, which means that the coin is fluctuating within a certain range between $1.038 and $1.2.
Some indicators also indicate that there is volatility in the price action, which means that traders should be prepared for any sudden change in the trend.
Purpose: BTTC is a token associated with the BitTorrent project, a decentralized file sharing network. It aims to enhance file sharing speed and incentivize users with cryptocurrency rewards.
Usage: BTTC is used to pay network fees and incentivize within the BitTorrent ecosystem, including services such as decentralized storage.
Technology: It is based on blockchain technology and is compatible with networks such as TRON and Ethereum.
At the end of 2024, cryptocurrencies witnessed significant and exciting developments.
Among the most prominent news:
1. Increased interest in cryptocurrencies: Interest in cryptocurrencies continued to rise, with an increase in the number of investors and users.
2. Diversity in cryptocurrencies: Many new cryptocurrencies have emerged, diversifying the market and increasing options for investors.
3. Regulation and government policies: Many countries have implemented new policies to regulate and control cryptocurrencies, which has greatly affected the market.
4. Technology and innovation: Companies have continued to develop new technologies and innovations in the field of cryptocurrencies, which has contributed to improving security, speed and cost.
DeXe$DEXE is a core component of the DeXe Network project.
Which aims to reshape asset management and trading through decentralized finance (DeFi) technologies. The platform provides an innovative social trading solution, where users can automatically and securely copy expert strategies, enhancing investment efficiency.
Hours after US President-elect Donald Trump announced his desire to buy the Danish island of Greenland, the European country's government announced an increase in defense spending on the island.
Danish Defense Minister Troels Lund Poulsen revealed that the spending package will be equivalent to at least $1.5 billion.
On choosing this specific timing to reveal the defense spending package for the island, Poulsen said it was "an irony of fate."
#BtcNewHolder Bitcoin (BTC) is the first decentralized digital currency, launched in 2009.
The value of Bitcoin has seen significant fluctuations since its launch, rising from less than $1 in its early days to over $108,000 in December 2024.
The value of Bitcoin is influenced by multiple factors, including supply and demand, market sentiment, regulatory developments, and institutional adoption. For example, the halving event scheduled for 2024 is expected to reduce the rate of new Bitcoin production, which could impact its price.
As for future projections, some analysts suggest that the average price of Bitcoin could rise to around $132,000 in 2025, with fluctuations between $125,000 and $155,000.
By 2030, the average price could reach $180,000, with estimates of a peak price of around $674,000.
However, it should be noted that the cryptocurrency market is highly volatile, and future forecasts depend on many changing factors.
#MarketRebound Stopping support for deposits and withdrawals of the $USDC coin via the Tron network (trc20) means that USDC users will not be able to use it on Binance, meaning that the holder of the USDC coin on Binance can use the Ethereum network, which is very expensive (try it yourself) or the BSC network, which is also expensive compared to the Tron network.
Binance announced the launch of the “BIO Protocol” project
and its digital currency “BIO” on its “Binance Launchpool” subscription platform. The project aims to regulate liquidity in the field of decentralized science (DeSci).
Users can obtain BIO by locking BNB and FDUSD starting from December 24, 2024 until January 3, 2025.
The currency will be listed for trading on the spot market on January 3, 2025.
European authorities have announced the entry into force of the MiCA (Markets in Crypto-Assets) regulations, which aim to regulate the trading of crypto assets on the continent. These regulations require that stablecoins in circulation be issued by companies licensed as electronic money providers.
Due to Tether (USDT) not complying with these requirements, several cryptocurrency exchanges have decided to ban trading in this currency within Europe as of December 30, 2024. The decision has sparked widespread controversy, as USDT is considered one of the most widely used stablecoins in the world.