Its_Amrita
PROFESSIONAL CHEF AND BARTENDER
CRYPTO ENTHUSIAST
FREELANCER
TIP ME ANYTHING YOU LIKE!!
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How to earn $20 to $40 Daily on Binance without any investment
🌟 Earn $20–$BTC 40 Daily on Binance — With ZERO Investment
✨ Real Methods • Smart Income • No Risk • No Deposit
🔥 1. Binance Rewards Hub — Free Crypto Drops
No money needed.
Just complete tasks → collect free tokens → withdraw anytime.
✨ Earn: $5–$40/day
🎯 Tasks: Learn & Earn, Airdrops, Web3 missions, quiz rewards.
👑 2. Referral Power — Earn While You Sleep
Share your Binance link →
People trade →
You earn up to 50% commission every day.
✨ Earn: $20–$60/day
💡 Pro Tip: Post simple crypto tips or reels and drop your link.
⚡ 3. P2P Smart Flip (No Own Money Used)
Get a buyer → They send you cash → You buy and sell USDT for them →
Keep the profit.
✨ Earn: $15–$50/day
🔒 Safe Rule: Deal only with trusted people.
📊 4. Profit-Sharing Trading (You Use Their Funds)
You trade → They invest →
You take 20–40% of the daily profit.
✨ Earn: $10–$40/day
🎯 Great for people who trust your trading skills.
🎬 5. Create Crypto Content — Let the Crowd Pay You
Make reels, tips, or simple trading posts.
Binance pays you through:
Affiliate rewards
Creator bonuses
Daily traffic income
✨ Earn: $10–$100/day
🔥 No experience needed — just consistency.
💎 Bonus: Free NFT Mints → Instant Resale Profit
Mint NFTs from Binance Web3 tasks for free.
Sell them in the marketplace → instant cash.
✨ Earn: $5–$100 (depends on rarity)
💥 Zero Investment | Zero Risk | 100% Real Earning Paths
Build daily income with smart work, not money.
🎨 Want it even more stylish?
✓ 3D emojis?
✓ Gradient headings?
✓ Aesthetic layout for Facebook post?
✓ A TikTok script with hooks?
✓ A Canva-style caption?
Just tell me the platform and I’ll make it next-level stylish. 🔥💸
#US-EUTradeAgreement #USJobsData #BTCVolatility #CryptoIn401k #IPOWave
✨ Real Methods • Smart Income • No Risk • No Deposit
🔥 1. Binance Rewards Hub — Free Crypto Drops
No money needed.
Just complete tasks → collect free tokens → withdraw anytime.
✨ Earn: $5–$40/day
🎯 Tasks: Learn & Earn, Airdrops, Web3 missions, quiz rewards.
👑 2. Referral Power — Earn While You Sleep
Share your Binance link →
People trade →
You earn up to 50% commission every day.
✨ Earn: $20–$60/day
💡 Pro Tip: Post simple crypto tips or reels and drop your link.
⚡ 3. P2P Smart Flip (No Own Money Used)
Get a buyer → They send you cash → You buy and sell USDT for them →
Keep the profit.
✨ Earn: $15–$50/day
🔒 Safe Rule: Deal only with trusted people.
📊 4. Profit-Sharing Trading (You Use Their Funds)
You trade → They invest →
You take 20–40% of the daily profit.
✨ Earn: $10–$40/day
🎯 Great for people who trust your trading skills.
🎬 5. Create Crypto Content — Let the Crowd Pay You
Make reels, tips, or simple trading posts.
Binance pays you through:
Affiliate rewards
Creator bonuses
Daily traffic income
✨ Earn: $10–$100/day
🔥 No experience needed — just consistency.
💎 Bonus: Free NFT Mints → Instant Resale Profit
Mint NFTs from Binance Web3 tasks for free.
Sell them in the marketplace → instant cash.
✨ Earn: $5–$100 (depends on rarity)
💥 Zero Investment | Zero Risk | 100% Real Earning Paths
Build daily income with smart work, not money.
🎨 Want it even more stylish?
✓ 3D emojis?
✓ Gradient headings?
✓ Aesthetic layout for Facebook post?
✓ A TikTok script with hooks?
✓ A Canva-style caption?
Just tell me the platform and I’ll make it next-level stylish. 🔥💸
#US-EUTradeAgreement #USJobsData #BTCVolatility #CryptoIn401k #IPOWave
#EOSProject **Eos Project Overview**
The Eos project is a blockchain-based operating system that enables the creation of decentralized applications (dApps). *eos.io* is an open-source software that provides a scalable, high-performance, and secure platform for building blockchain-based solutions. Eos uses a Delegated Proof of Stake (DPoS) consensus algorithm and supports smart contracts, allowing developers to create complex applications with ease. The Eos project has gained popularity among developers and businesses looking to build decentralized solutions, including gaming, finance, and social media platforms. It's available on various platforms, including Windows, macOS, and Linux.
The Eos project is a blockchain-based operating system that enables the creation of decentralized applications (dApps). *eos.io* is an open-source software that provides a scalable, high-performance, and secure platform for building blockchain-based solutions. Eos uses a Delegated Proof of Stake (DPoS) consensus algorithm and supports smart contracts, allowing developers to create complex applications with ease. The Eos project has gained popularity among developers and businesses looking to build decentralized solutions, including gaming, finance, and social media platforms. It's available on various platforms, including Windows, macOS, and Linux.
Matrixport Report Suggests Bitcoin May Enter a Consolidation Phase
The first week of 2025 was a bearish one for bitcoin. The number one crypto dropped from $102,431 to $91,215, and despite the price rebound to the $95,000 level, the weekly candle is expected to close bearish.
According to Matrixport’s weekly report, global liquidity shifts and macroeconomic difficulties may cause bitcoin to enter a consolidation phase. In addition, the Federal Reserve’s hawkish policies may limit future growth despite steady ETF fund inflows.
The report highlights that Fed policies impact bitcoin’s price action more than ETF launches with liquidity trends often leading bitcoin‘s price movements by approximately 13 weeks.
Inflows into bitcoin ETFs have stalled after the December Federal Open Market Committee (FOMC) meeting, largely staying the same from their record-breaking high of $35.9 billion. The stagnation of capital inflows could be due to the Fed’s hawkish approach with investors awaiting more clarity on monetary policy.
Historical analysis of bitcoin’s performance shows that a dovish stance is more suited to a bitcoin rally than a hawkish stance. Earlier in 2024, bitcoin’s rally began when the Fed adopted a dovish tone in January. However, an indecision on rate cuts in March led to a six-month consolidation before a massive uptrend in Q4 when the Fed turned dovish again. Despite Trump’s pro-crypto agenda, the Fed’s hawkish stance may limit another significant rally.
The report ends with a suggestion that traders consider call and put options as a cost-effective way to protect bitcoin gains while maintaining exposure to potential market movements.
$BTC
According to Matrixport’s weekly report, global liquidity shifts and macroeconomic difficulties may cause bitcoin to enter a consolidation phase. In addition, the Federal Reserve’s hawkish policies may limit future growth despite steady ETF fund inflows.
The report highlights that Fed policies impact bitcoin’s price action more than ETF launches with liquidity trends often leading bitcoin‘s price movements by approximately 13 weeks.
Inflows into bitcoin ETFs have stalled after the December Federal Open Market Committee (FOMC) meeting, largely staying the same from their record-breaking high of $35.9 billion. The stagnation of capital inflows could be due to the Fed’s hawkish approach with investors awaiting more clarity on monetary policy.
Historical analysis of bitcoin’s performance shows that a dovish stance is more suited to a bitcoin rally than a hawkish stance. Earlier in 2024, bitcoin’s rally began when the Fed adopted a dovish tone in January. However, an indecision on rate cuts in March led to a six-month consolidation before a massive uptrend in Q4 when the Fed turned dovish again. Despite Trump’s pro-crypto agenda, the Fed’s hawkish stance may limit another significant rally.
The report ends with a suggestion that traders consider call and put options as a cost-effective way to protect bitcoin gains while maintaining exposure to potential market movements.
$BTC
What's Your opinion?
How the US Jobs Report Impacts the Cryptocurrency Market
The release of the US Non-Farm Payrolls (NFP) report, a closely watched indicator of the country's economic health, has a significant indirect impact on the cryptocurrency market, according to experts.
The NFP report, published on the first Friday of every month, reflects the number of jobs added or lost in the non-farm and non-government sectors of the United States. While the report does not directly affect cryptocurrencies, its influence is felt through various channels.
"A positive NFP report, showing strong job growth, can boost investor confidence and lead to increased investments in cryptocurrencies," said financial analyst, Emma Daniels. "This is because a healthy economy gives people more disposable income to allocate towards alternative assets like Bitcoin and other digital currencies."
Conversely, a weak NFP report, indicating a slowdown in the labor market, can negatively impact traditional markets, such as stocks and the US dollar. This, in turn, can influence the overall sentiment in the cryptocurrency space, potentially leading to a decline in prices.
"The NFP report provides a clear picture of the state of the US economy," explained crypto analyst, Liam Sharma. "Investors closely monitor this data to gauge the general market mood and make more informed decisions, whether they're trading in traditional or cryptocurrency markets."
By following the NFP report, investors can better understand the potential trends and make more strategic investments in the rapidly evolving cryptocurrency market.
#NFPCryptoImpact
The NFP report, published on the first Friday of every month, reflects the number of jobs added or lost in the non-farm and non-government sectors of the United States. While the report does not directly affect cryptocurrencies, its influence is felt through various channels.
"A positive NFP report, showing strong job growth, can boost investor confidence and lead to increased investments in cryptocurrencies," said financial analyst, Emma Daniels. "This is because a healthy economy gives people more disposable income to allocate towards alternative assets like Bitcoin and other digital currencies."
Conversely, a weak NFP report, indicating a slowdown in the labor market, can negatively impact traditional markets, such as stocks and the US dollar. This, in turn, can influence the overall sentiment in the cryptocurrency space, potentially leading to a decline in prices.
"The NFP report provides a clear picture of the state of the US economy," explained crypto analyst, Liam Sharma. "Investors closely monitor this data to gauge the general market mood and make more informed decisions, whether they're trading in traditional or cryptocurrency markets."
By following the NFP report, investors can better understand the potential trends and make more strategic investments in the rapidly evolving cryptocurrency market.
#NFPCryptoImpact
How the US Jobs Report Impacts the Cryptocurrency Market
The release of the US Non-Farm Payrolls (NFP) report, a closely watched indicator of the country's economic health, has a significant indirect impact on the cryptocurrency market, according to experts.
The NFP report, published on the first Friday of every month, reflects the number of jobs added or lost in the non-farm and non-government sectors of the United States. While the report does not directly affect cryptocurrencies, its influence is felt through various channels.
"A positive NFP report, showing strong job growth, can boost investor confidence and lead to increased investments in cryptocurrencies," said financial analyst, Emma Daniels. "This is because a healthy economy gives people more disposable income to allocate towards alternative assets like Bitcoin and other digital currencies."
Conversely, a weak NFP report, indicating a slowdown in the labor market, can negatively impact traditional markets, such as stocks and the US dollar. This, in turn, can influence the overall sentiment in the cryptocurrency space, potentially leading to a decline in prices.
"The NFP report provides a clear picture of the state of the US economy," explained crypto analyst, Liam Sharma. "Investors closely monitor this data to gauge the general market mood and make more informed decisions, whether they're trading in traditional or cryptocurrency markets."
By following the NFP report, investors can better understand the potential trends and make more strategic investments in the rapidly evolving cryptocurrency market.
#NFPCryptoImpact
The NFP report, published on the first Friday of every month, reflects the number of jobs added or lost in the non-farm and non-government sectors of the United States. While the report does not directly affect cryptocurrencies, its influence is felt through various channels.
"A positive NFP report, showing strong job growth, can boost investor confidence and lead to increased investments in cryptocurrencies," said financial analyst, Emma Daniels. "This is because a healthy economy gives people more disposable income to allocate towards alternative assets like Bitcoin and other digital currencies."
Conversely, a weak NFP report, indicating a slowdown in the labor market, can negatively impact traditional markets, such as stocks and the US dollar. This, in turn, can influence the overall sentiment in the cryptocurrency space, potentially leading to a decline in prices.
"The NFP report provides a clear picture of the state of the US economy," explained crypto analyst, Liam Sharma. "Investors closely monitor this data to gauge the general market mood and make more informed decisions, whether they're trading in traditional or cryptocurrency markets."
By following the NFP report, investors can better understand the potential trends and make more strategic investments in the rapidly evolving cryptocurrency market.
#NFPCryptoImpact
Have you ever borrowed any crypto?
On-Chain Lending Market Reaches Record Highs
The on-chain lending market has seen a significant surge, with the total active loans surpassing $20 billion, according to recent data from Token Terminal. This marks a new all-time high, surpassing the previous record set in December 2021.
This surge in on-chain lending can be attributed to several factors, including:
Increased adoption of DeFi: The growing popularity of decentralized finance (DeFi) has led to increased demand for on-chain lending platforms.Yield farming: The high yields offered by on-chain lending platforms have attracted yield farmers seeking to maximize their returns.Decentralized exchanges (DEXs): The rise of DEXs has made it easier for users to access on-chain lending platforms.
What is on-chain lending?
On-chain lending is a process of lending and borrowing cryptocurrencies on a blockchain network. This allows users to earn interest on their crypto assets or borrow funds for various purposes, such as trading or investing.
How does on-chain lending work?
On-chain lending platforms typically use smart contracts to facilitate lending and borrowing. Users can deposit their crypto assets into a lending pool, and borrowers can then borrow against these assets. Interest rates are determined algorithmically based on supply and demand.
What are the benefits of on-chain lending?
On-chain lending offers several benefits over traditional lending, including:
Decentralization: On-chain lending platforms are decentralized, which means that they are not subject to the same regulations as traditional banks.Transparency: All transactions on on-chain lending platforms are recorded on a public blockchain, which makes them transparent and auditable.Accessibility: On-chain lending platforms are accessible to anyone with an internet connection, regardless of their location or credit history.Efficiency: On-chain lending platforms are often more efficient than traditional banks, as they can process transactions more quickly and at a lower cost.
What are the risks of on-chain lending?
On-chain lending also carries some risks, including:
Smart contract risks: Smart contracts are still relatively new, and there is a risk that they may contain bugs or vulnerabilities that could be exploited by hackers.Market volatility: The cryptocurrency market is highly volatile, which means that the value of your crypto assets could fluctuate significantly, impacting your loan.Counterparty risk: There is a risk that the borrower may default on their loan, leaving you with a loss.
How can I get started with on-chain lending?
If you are interested in getting started with on-chain lending, there are a number of platforms that you can use. Some of the most popular platforms include Aave, Compound, and MakerDAO.
#OnChainLendingSurge
This surge in on-chain lending can be attributed to several factors, including:
Increased adoption of DeFi: The growing popularity of decentralized finance (DeFi) has led to increased demand for on-chain lending platforms.Yield farming: The high yields offered by on-chain lending platforms have attracted yield farmers seeking to maximize their returns.Decentralized exchanges (DEXs): The rise of DEXs has made it easier for users to access on-chain lending platforms.
What is on-chain lending?
On-chain lending is a process of lending and borrowing cryptocurrencies on a blockchain network. This allows users to earn interest on their crypto assets or borrow funds for various purposes, such as trading or investing.
How does on-chain lending work?
On-chain lending platforms typically use smart contracts to facilitate lending and borrowing. Users can deposit their crypto assets into a lending pool, and borrowers can then borrow against these assets. Interest rates are determined algorithmically based on supply and demand.
What are the benefits of on-chain lending?
On-chain lending offers several benefits over traditional lending, including:
Decentralization: On-chain lending platforms are decentralized, which means that they are not subject to the same regulations as traditional banks.Transparency: All transactions on on-chain lending platforms are recorded on a public blockchain, which makes them transparent and auditable.Accessibility: On-chain lending platforms are accessible to anyone with an internet connection, regardless of their location or credit history.Efficiency: On-chain lending platforms are often more efficient than traditional banks, as they can process transactions more quickly and at a lower cost.
What are the risks of on-chain lending?
On-chain lending also carries some risks, including:
Smart contract risks: Smart contracts are still relatively new, and there is a risk that they may contain bugs or vulnerabilities that could be exploited by hackers.Market volatility: The cryptocurrency market is highly volatile, which means that the value of your crypto assets could fluctuate significantly, impacting your loan.Counterparty risk: There is a risk that the borrower may default on their loan, leaving you with a loss.
How can I get started with on-chain lending?
If you are interested in getting started with on-chain lending, there are a number of platforms that you can use. Some of the most popular platforms include Aave, Compound, and MakerDAO.
#OnChainLendingSurge
On-Chain Lending Market Reaches Record Highs
The on-chain lending market has seen a significant surge, with the total active loans surpassing $20 billion, according to recent data from Token Terminal. This marks a new all-time high, surpassing the previous record set in December 2021.
This surge in on-chain lending can be attributed to several factors, including:
Increased adoption of DeFi: The growing popularity of decentralized finance (DeFi) has led to increased demand for on-chain lending platforms.Yield farming: The high yields offered by on-chain lending platforms have attracted yield farmers seeking to maximize their returns.Decentralized exchanges (DEXs): The rise of DEXs has made it easier for users to access on-chain lending platforms.
What is on-chain lending?
On-chain lending is a process of lending and borrowing cryptocurrencies on a blockchain network. This allows users to earn interest on their crypto assets or borrow funds for various purposes, such as trading or investing.
How does on-chain lending work?
On-chain lending platforms typically use smart contracts to facilitate lending and borrowing. Users can deposit their crypto assets into a lending pool, and borrowers can then borrow against these assets. Interest rates are determined algorithmically based on supply and demand.
What are the benefits of on-chain lending?
On-chain lending offers several benefits over traditional lending, including:
Decentralization: On-chain lending platforms are decentralized, which means that they are not subject to the same regulations as traditional banks.Transparency: All transactions on on-chain lending platforms are recorded on a public blockchain, which makes them transparent and auditable.Accessibility: On-chain lending platforms are accessible to anyone with an internet connection, regardless of their location or credit history.Efficiency: On-chain lending platforms are often more efficient than traditional banks, as they can process transactions more quickly and at a lower cost.
What are the risks of on-chain lending?
On-chain lending also carries some risks, including:
Smart contract risks: Smart contracts are still relatively new, and there is a risk that they may contain bugs or vulnerabilities that could be exploited by hackers.Market volatility: The cryptocurrency market is highly volatile, which means that the value of your crypto assets could fluctuate significantly, impacting your loan.Counterparty risk: There is a risk that the borrower may default on their loan, leaving you with a loss.
How can I get started with on-chain lending?
If you are interested in getting started with on-chain lending, there are a number of platforms that you can use. Some of the most popular platforms include Aave, Compound, and MakerDAO.
#OnChainLendingSurge
This surge in on-chain lending can be attributed to several factors, including:
Increased adoption of DeFi: The growing popularity of decentralized finance (DeFi) has led to increased demand for on-chain lending platforms.Yield farming: The high yields offered by on-chain lending platforms have attracted yield farmers seeking to maximize their returns.Decentralized exchanges (DEXs): The rise of DEXs has made it easier for users to access on-chain lending platforms.
What is on-chain lending?
On-chain lending is a process of lending and borrowing cryptocurrencies on a blockchain network. This allows users to earn interest on their crypto assets or borrow funds for various purposes, such as trading or investing.
How does on-chain lending work?
On-chain lending platforms typically use smart contracts to facilitate lending and borrowing. Users can deposit their crypto assets into a lending pool, and borrowers can then borrow against these assets. Interest rates are determined algorithmically based on supply and demand.
What are the benefits of on-chain lending?
On-chain lending offers several benefits over traditional lending, including:
Decentralization: On-chain lending platforms are decentralized, which means that they are not subject to the same regulations as traditional banks.Transparency: All transactions on on-chain lending platforms are recorded on a public blockchain, which makes them transparent and auditable.Accessibility: On-chain lending platforms are accessible to anyone with an internet connection, regardless of their location or credit history.Efficiency: On-chain lending platforms are often more efficient than traditional banks, as they can process transactions more quickly and at a lower cost.
What are the risks of on-chain lending?
On-chain lending also carries some risks, including:
Smart contract risks: Smart contracts are still relatively new, and there is a risk that they may contain bugs or vulnerabilities that could be exploited by hackers.Market volatility: The cryptocurrency market is highly volatile, which means that the value of your crypto assets could fluctuate significantly, impacting your loan.Counterparty risk: There is a risk that the borrower may default on their loan, leaving you with a loss.
How can I get started with on-chain lending?
If you are interested in getting started with on-chain lending, there are a number of platforms that you can use. Some of the most popular platforms include Aave, Compound, and MakerDAO.
#OnChainLendingSurge
BNB price start a breakout rally to surpass $800 and set new all-time high as Bitcoin crosses $100?
Altcoins are following a bullish trajectory, with the total crypto market cap (excluding Bitcoin and Ethereum) rising by 1.11% yesterday, reaching a valuation of $1.04 trillion. Among the top altcoins, Binance Coin surged 2.28% over the past 24 hours.
Notably, BNB has increased by 4.32% over the past seven days, cementing its position as the fifth largest cryptocurrency with a market cap of $105.24 billion.
With the short-term recovery poised for a breakout rally, bulls expect a significant upside for Binance Coin. Will this rally propel the price beyond the $800 mark?
BNB Coin Price Analysis
On the 4-hour chart, BNB’s price action reveals a strong resistance level slightly above the $730 mark. The supply zone extends between $728 and $731.
Currently, Binance Coin’s recovery, with a 2.90% surge last night, is challenging this resistance level. This crucial zone coincides with the 61.80% Fibonacci retracement level.
The bullish recovery in BNB highlights a potential inverted head and shoulders pattern, with the supply zone acting as the neckline. This pattern typically signals substantial upside potential.
As the recovery continues, the critical EMA lines on the 4-hour chart have turned bullish. Additionally, the RSI is nearing the overbought zone, signaling continued bullish momentum. Thus, technical indicators are providing a buy signal.
Binance Coin Price Targets
Currently, BNB is forming a morning star pattern at the 61.80% Fibonacci level as a potential retest. If the post-retest reversal gains momentum, the immediate resistance levels for Binance Coin are at $757 and $795.
If the bulls manage a breakout, the upside potential for Binance Coin extends to $840, which is very close to the Fibonacci price projection of $841 at the 1.272 level.
On the flip side, key support for Binance Coin remains at the 100 EMA line at $705.
$BNB
Notably, BNB has increased by 4.32% over the past seven days, cementing its position as the fifth largest cryptocurrency with a market cap of $105.24 billion.
With the short-term recovery poised for a breakout rally, bulls expect a significant upside for Binance Coin. Will this rally propel the price beyond the $800 mark?
BNB Coin Price Analysis
On the 4-hour chart, BNB’s price action reveals a strong resistance level slightly above the $730 mark. The supply zone extends between $728 and $731.
Currently, Binance Coin’s recovery, with a 2.90% surge last night, is challenging this resistance level. This crucial zone coincides with the 61.80% Fibonacci retracement level.
The bullish recovery in BNB highlights a potential inverted head and shoulders pattern, with the supply zone acting as the neckline. This pattern typically signals substantial upside potential.
As the recovery continues, the critical EMA lines on the 4-hour chart have turned bullish. Additionally, the RSI is nearing the overbought zone, signaling continued bullish momentum. Thus, technical indicators are providing a buy signal.
Binance Coin Price Targets
Currently, BNB is forming a morning star pattern at the 61.80% Fibonacci level as a potential retest. If the post-retest reversal gains momentum, the immediate resistance levels for Binance Coin are at $757 and $795.
If the bulls manage a breakout, the upside potential for Binance Coin extends to $840, which is very close to the Fibonacci price projection of $841 at the 1.272 level.
On the flip side, key support for Binance Coin remains at the 100 EMA line at $705.
$BNB
$BNB
In This Situation, What would you do?
In This Situation, What would you do?
let's start 2025 buying the dip 😁
Bitcoin (BTC) Dips After Hitting $102K: What’s Driving the Crypto Market Volatility?
Bitcoin (BTC) has once again become the center of attention as it experienced a significant dip, falling to the $96,000 range on Wednesday after briefly reaching a high of $102,000. This sharp fluctuation is part of the ongoing volatility in the cryptocurrency market, with other major altcoins such as Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) also taking hits.
As of now, the global crypto market cap stands at $3.35 trillion, showing a 24-hour dip of 6.25%. Let’s take a closer look at the reasons behind these movements and how the market is responding.
Bitcoin Price Today: A Roller Coaster Ride
Bitcoin’s price currently sits at $96,197.46, marking a 24-hour loss of 5.53%. Despite the dip, Bitcoin remains a dominant force in the market, with its price fluctuating between highs and lows. In India, BTC is priced at Rs 85.52 lakh.
Analysts have noted that Bitcoin’s recent high of $102,700 coincided with stronger-than-expected U.S. economic data, which led to a rise in U.S. Treasury yields and prompted a wave of profit-booking across the crypto and stock markets.
Ethereum (ETH) and Other Altcoins in the Red
Ethereum, the second-largest cryptocurrency by market capitalization, has also seen a downturn, with its price currently at $3,349.23. This represents an 8.83% loss in the past 24 hours. Ethereum’s price in India stands at Rs 3.16 lakh, showcasing a similar decline. Other popular altcoins, such as Solana (SOL) and Litecoin (LTC), are following suit, reflecting the overall bearish sentiment in the market.
Ripple (XRP) is priced at $2.32, down by 3.91%, while Solana (SOL) is trading at $197.24, down by 8.75%. The decline across multiple major cryptocurrencies demonstrates the current uncertainty in the crypto market.
Top Crypto Gainers and Losers
Despite the overall market decline, certain cryptocurrencies are defying the trend and seeing notable gains. Bitget Token (BGB) has emerged as one of the top gainers, rising by 2.50% in the last 24 hours. Other top gainers include Injective (INJ), which saw an 11.24% increase, and Filecoin (FIL), up by 10.17%.
On the other hand, Hyperliquid (HYPE) has suffered the biggest loss, with a 16.25% drop in the past day. Other notable losers include Celestia (TIA), Pudgy Penguins (PENGU), and dYdX (DYDX), each experiencing double-digit losses.
What Is Driving the Market’s Current Volatility?
Several factors have contributed to the current market fluctuations:
U.S. Economic Data and Interest Rates: Strong economic data from the U.S. has led to higher U.S. Treasury yields, diminishing hopes for aggressive rate cuts by the Federal Reserve. This has led to profit-taking across the markets, including in cryptocurrency.Profit-Booking by Investors: After Bitcoin briefly surpassed the $100,000 mark, many investors opted to lock in their profits, triggering a pullback in the market.Market Liquidations: The volatile nature of the crypto market has resulted in massive liquidations. More than $600 million worth of crypto positions were liquidated in a single day, showcasing the risks associated with over-leveraged positions in such an erratic market.
Analyst Opinions on the Market
Experts are providing mixed outlooks for Bitcoin and the crypto market. Mudrex co-founder Edul Patel suggests that Bitcoin is stabilizing around the $97,000 mark, with strong institutional interest, including purchases by MicroStrategy. Patel mentions that Bitcoin’s support is currently around $94,500, with resistance at $98,600.
Meanwhile, CoinSwitch’s Markets Desk notes that the recent market dip can be attributed to the stronger-than-expected U.S. economic data. Analysts at Pi42 believe that if Bitcoin fails to hold above the $94,500 support, it could experience further declines, with key support levels at $90,000 and $87,000.
Shivam Thakral, CEO of BuyUcoin, also echoes a similar sentiment, pointing to the impact of the U.S. economic data and the delays in rate cuts as key factors behind the market’s downturn. However, he remains optimistic about the long-term outlook for cryptocurrencies.
Market Outlook and Key Support Levels
As the market continues to experience turbulence, investors are closely watching Bitcoin’s price to see if it can hold above the $94,500 support level. If this level holds, there may be potential for a rebound. However, if Bitcoin falls below this threshold, it could signal further declines, with the next support zones at $90,000 and $87,000.
Ethereum and other altcoins are also experiencing similar price pressure, with the market as a whole facing significant volatility. Investors are advised to remain cautious, as sentiment can shift rapidly, especially in such a speculative environment.
As always, the cryptocurrency market remains unpredictable, and while the current downturn may seem discouraging, the long-term outlook for digital assets remains a topic of considerable debate and interest.
#CryptoMarketDip
As of now, the global crypto market cap stands at $3.35 trillion, showing a 24-hour dip of 6.25%. Let’s take a closer look at the reasons behind these movements and how the market is responding.
Bitcoin Price Today: A Roller Coaster Ride
Bitcoin’s price currently sits at $96,197.46, marking a 24-hour loss of 5.53%. Despite the dip, Bitcoin remains a dominant force in the market, with its price fluctuating between highs and lows. In India, BTC is priced at Rs 85.52 lakh.
Analysts have noted that Bitcoin’s recent high of $102,700 coincided with stronger-than-expected U.S. economic data, which led to a rise in U.S. Treasury yields and prompted a wave of profit-booking across the crypto and stock markets.
Ethereum (ETH) and Other Altcoins in the Red
Ethereum, the second-largest cryptocurrency by market capitalization, has also seen a downturn, with its price currently at $3,349.23. This represents an 8.83% loss in the past 24 hours. Ethereum’s price in India stands at Rs 3.16 lakh, showcasing a similar decline. Other popular altcoins, such as Solana (SOL) and Litecoin (LTC), are following suit, reflecting the overall bearish sentiment in the market.
Ripple (XRP) is priced at $2.32, down by 3.91%, while Solana (SOL) is trading at $197.24, down by 8.75%. The decline across multiple major cryptocurrencies demonstrates the current uncertainty in the crypto market.
Top Crypto Gainers and Losers
Despite the overall market decline, certain cryptocurrencies are defying the trend and seeing notable gains. Bitget Token (BGB) has emerged as one of the top gainers, rising by 2.50% in the last 24 hours. Other top gainers include Injective (INJ), which saw an 11.24% increase, and Filecoin (FIL), up by 10.17%.
On the other hand, Hyperliquid (HYPE) has suffered the biggest loss, with a 16.25% drop in the past day. Other notable losers include Celestia (TIA), Pudgy Penguins (PENGU), and dYdX (DYDX), each experiencing double-digit losses.
What Is Driving the Market’s Current Volatility?
Several factors have contributed to the current market fluctuations:
U.S. Economic Data and Interest Rates: Strong economic data from the U.S. has led to higher U.S. Treasury yields, diminishing hopes for aggressive rate cuts by the Federal Reserve. This has led to profit-taking across the markets, including in cryptocurrency.Profit-Booking by Investors: After Bitcoin briefly surpassed the $100,000 mark, many investors opted to lock in their profits, triggering a pullback in the market.Market Liquidations: The volatile nature of the crypto market has resulted in massive liquidations. More than $600 million worth of crypto positions were liquidated in a single day, showcasing the risks associated with over-leveraged positions in such an erratic market.
Analyst Opinions on the Market
Experts are providing mixed outlooks for Bitcoin and the crypto market. Mudrex co-founder Edul Patel suggests that Bitcoin is stabilizing around the $97,000 mark, with strong institutional interest, including purchases by MicroStrategy. Patel mentions that Bitcoin’s support is currently around $94,500, with resistance at $98,600.
Meanwhile, CoinSwitch’s Markets Desk notes that the recent market dip can be attributed to the stronger-than-expected U.S. economic data. Analysts at Pi42 believe that if Bitcoin fails to hold above the $94,500 support, it could experience further declines, with key support levels at $90,000 and $87,000.
Shivam Thakral, CEO of BuyUcoin, also echoes a similar sentiment, pointing to the impact of the U.S. economic data and the delays in rate cuts as key factors behind the market’s downturn. However, he remains optimistic about the long-term outlook for cryptocurrencies.
Market Outlook and Key Support Levels
As the market continues to experience turbulence, investors are closely watching Bitcoin’s price to see if it can hold above the $94,500 support level. If this level holds, there may be potential for a rebound. However, if Bitcoin falls below this threshold, it could signal further declines, with the next support zones at $90,000 and $87,000.
Ethereum and other altcoins are also experiencing similar price pressure, with the market as a whole facing significant volatility. Investors are advised to remain cautious, as sentiment can shift rapidly, especially in such a speculative environment.
As always, the cryptocurrency market remains unpredictable, and while the current downturn may seem discouraging, the long-term outlook for digital assets remains a topic of considerable debate and interest.
#CryptoMarketDip
Bitcoin (BTC) Dips After Hitting $102K: What’s Driving the Crypto Market Volatility?
Bitcoin (BTC) has once again become the center of attention as it experienced a significant dip, falling to the $96,000 range on Wednesday after briefly reaching a high of $102,000. This sharp fluctuation is part of the ongoing volatility in the cryptocurrency market, with other major altcoins such as Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) also taking hits.
As of now, the global crypto market cap stands at $3.35 trillion, showing a 24-hour dip of 6.25%. Let’s take a closer look at the reasons behind these movements and how the market is responding.
Bitcoin Price Today: A Roller Coaster Ride
Bitcoin’s price currently sits at $96,197.46, marking a 24-hour loss of 5.53%. Despite the dip, Bitcoin remains a dominant force in the market, with its price fluctuating between highs and lows. In India, BTC is priced at Rs 85.52 lakh.
Analysts have noted that Bitcoin’s recent high of $102,700 coincided with stronger-than-expected U.S. economic data, which led to a rise in U.S. Treasury yields and prompted a wave of profit-booking across the crypto and stock markets.
Ethereum (ETH) and Other Altcoins in the Red
Ethereum, the second-largest cryptocurrency by market capitalization, has also seen a downturn, with its price currently at $3,349.23. This represents an 8.83% loss in the past 24 hours. Ethereum’s price in India stands at Rs 3.16 lakh, showcasing a similar decline. Other popular altcoins, such as Solana (SOL) and Litecoin (LTC), are following suit, reflecting the overall bearish sentiment in the market.
Ripple (XRP) is priced at $2.32, down by 3.91%, while Solana (SOL) is trading at $197.24, down by 8.75%. The decline across multiple major cryptocurrencies demonstrates the current uncertainty in the crypto market.
Top Crypto Gainers and Losers
Despite the overall market decline, certain cryptocurrencies are defying the trend and seeing notable gains. Bitget Token (BGB) has emerged as one of the top gainers, rising by 2.50% in the last 24 hours. Other top gainers include Injective (INJ), which saw an 11.24% increase, and Filecoin (FIL), up by 10.17%.
On the other hand, Hyperliquid (HYPE) has suffered the biggest loss, with a 16.25% drop in the past day. Other notable losers include Celestia (TIA), Pudgy Penguins (PENGU), and dYdX (DYDX), each experiencing double-digit losses.
What Is Driving the Market’s Current Volatility?
Several factors have contributed to the current market fluctuations:
U.S. Economic Data and Interest Rates: Strong economic data from the U.S. has led to higher U.S. Treasury yields, diminishing hopes for aggressive rate cuts by the Federal Reserve. This has led to profit-taking across the markets, including in cryptocurrency.Profit-Booking by Investors: After Bitcoin briefly surpassed the $100,000 mark, many investors opted to lock in their profits, triggering a pullback in the market.Market Liquidations: The volatile nature of the crypto market has resulted in massive liquidations. More than $600 million worth of crypto positions were liquidated in a single day, showcasing the risks associated with over-leveraged positions in such an erratic market.
Analyst Opinions on the Market
Experts are providing mixed outlooks for Bitcoin and the crypto market. Mudrex co-founder Edul Patel suggests that Bitcoin is stabilizing around the $97,000 mark, with strong institutional interest, including purchases by MicroStrategy. Patel mentions that Bitcoin’s support is currently around $94,500, with resistance at $98,600.
Meanwhile, CoinSwitch’s Markets Desk notes that the recent market dip can be attributed to the stronger-than-expected U.S. economic data. Analysts at Pi42 believe that if Bitcoin fails to hold above the $94,500 support, it could experience further declines, with key support levels at $90,000 and $87,000.
Shivam Thakral, CEO of BuyUcoin, also echoes a similar sentiment, pointing to the impact of the U.S. economic data and the delays in rate cuts as key factors behind the market’s downturn. However, he remains optimistic about the long-term outlook for cryptocurrencies.
Market Outlook and Key Support Levels
As the market continues to experience turbulence, investors are closely watching Bitcoin’s price to see if it can hold above the $94,500 support level. If this level holds, there may be potential for a rebound. However, if Bitcoin falls below this threshold, it could signal further declines, with the next support zones at $90,000 and $87,000.
Ethereum and other altcoins are also experiencing similar price pressure, with the market as a whole facing significant volatility. Investors are advised to remain cautious, as sentiment can shift rapidly, especially in such a speculative environment.
As always, the cryptocurrency market remains unpredictable, and while the current downturn may seem discouraging, the long-term outlook for digital assets remains a topic of considerable debate and interest.
#CryptoMarketDip
As of now, the global crypto market cap stands at $3.35 trillion, showing a 24-hour dip of 6.25%. Let’s take a closer look at the reasons behind these movements and how the market is responding.
Bitcoin Price Today: A Roller Coaster Ride
Bitcoin’s price currently sits at $96,197.46, marking a 24-hour loss of 5.53%. Despite the dip, Bitcoin remains a dominant force in the market, with its price fluctuating between highs and lows. In India, BTC is priced at Rs 85.52 lakh.
Analysts have noted that Bitcoin’s recent high of $102,700 coincided with stronger-than-expected U.S. economic data, which led to a rise in U.S. Treasury yields and prompted a wave of profit-booking across the crypto and stock markets.
Ethereum (ETH) and Other Altcoins in the Red
Ethereum, the second-largest cryptocurrency by market capitalization, has also seen a downturn, with its price currently at $3,349.23. This represents an 8.83% loss in the past 24 hours. Ethereum’s price in India stands at Rs 3.16 lakh, showcasing a similar decline. Other popular altcoins, such as Solana (SOL) and Litecoin (LTC), are following suit, reflecting the overall bearish sentiment in the market.
Ripple (XRP) is priced at $2.32, down by 3.91%, while Solana (SOL) is trading at $197.24, down by 8.75%. The decline across multiple major cryptocurrencies demonstrates the current uncertainty in the crypto market.
Top Crypto Gainers and Losers
Despite the overall market decline, certain cryptocurrencies are defying the trend and seeing notable gains. Bitget Token (BGB) has emerged as one of the top gainers, rising by 2.50% in the last 24 hours. Other top gainers include Injective (INJ), which saw an 11.24% increase, and Filecoin (FIL), up by 10.17%.
On the other hand, Hyperliquid (HYPE) has suffered the biggest loss, with a 16.25% drop in the past day. Other notable losers include Celestia (TIA), Pudgy Penguins (PENGU), and dYdX (DYDX), each experiencing double-digit losses.
What Is Driving the Market’s Current Volatility?
Several factors have contributed to the current market fluctuations:
U.S. Economic Data and Interest Rates: Strong economic data from the U.S. has led to higher U.S. Treasury yields, diminishing hopes for aggressive rate cuts by the Federal Reserve. This has led to profit-taking across the markets, including in cryptocurrency.Profit-Booking by Investors: After Bitcoin briefly surpassed the $100,000 mark, many investors opted to lock in their profits, triggering a pullback in the market.Market Liquidations: The volatile nature of the crypto market has resulted in massive liquidations. More than $600 million worth of crypto positions were liquidated in a single day, showcasing the risks associated with over-leveraged positions in such an erratic market.
Analyst Opinions on the Market
Experts are providing mixed outlooks for Bitcoin and the crypto market. Mudrex co-founder Edul Patel suggests that Bitcoin is stabilizing around the $97,000 mark, with strong institutional interest, including purchases by MicroStrategy. Patel mentions that Bitcoin’s support is currently around $94,500, with resistance at $98,600.
Meanwhile, CoinSwitch’s Markets Desk notes that the recent market dip can be attributed to the stronger-than-expected U.S. economic data. Analysts at Pi42 believe that if Bitcoin fails to hold above the $94,500 support, it could experience further declines, with key support levels at $90,000 and $87,000.
Shivam Thakral, CEO of BuyUcoin, also echoes a similar sentiment, pointing to the impact of the U.S. economic data and the delays in rate cuts as key factors behind the market’s downturn. However, he remains optimistic about the long-term outlook for cryptocurrencies.
Market Outlook and Key Support Levels
As the market continues to experience turbulence, investors are closely watching Bitcoin’s price to see if it can hold above the $94,500 support level. If this level holds, there may be potential for a rebound. However, if Bitcoin falls below this threshold, it could signal further declines, with the next support zones at $90,000 and $87,000.
Ethereum and other altcoins are also experiencing similar price pressure, with the market as a whole facing significant volatility. Investors are advised to remain cautious, as sentiment can shift rapidly, especially in such a speculative environment.
As always, the cryptocurrency market remains unpredictable, and while the current downturn may seem discouraging, the long-term outlook for digital assets remains a topic of considerable debate and interest.
#CryptoMarketDip
MicroStrategy Buys Bitcoin Again, Stock Falls
MicroStrategy (MSTR) bought more bitcoin (BTCUSD) in the past week, making it eight weeks in a row that the company has acquired more of the digital currency.
The software company-turned-bitcoin buyer said in a filing with the Securities and Exchange Commission (SEC) Monday that it had spent around $209 million in cash to buy 2,138 bitcoin between Dec. 23 and Dec. 29 at an average price of $97,837. The company now holds 446,400 bitcoin.
Shares of MicroStrategy, which joined the Nasdaq 100 last week, were down more than 6% in recent trading as the price of bitcoin fell. The cryptocurrency was trading at around $92,500 recently, down from highs last week of around $99,000 and an all-time high of $108,000 set two weeks ago.
Purchases Part of MicroStrategy's '21/21' Strategy
The bitcoin purchases over the past week were funded through at-the-market (ATM) share sales as part of MicroStrategy’s previously-announced "21/21" strategy.
The 21/21 plan is the company's strategy of raising $42 billion of capital by selling new shares and fixed-income securities to buy more bitcoin.
MicroStrategy also reported a year-to-date "bitcoin yield" of 74.1% in Monday's filing. That metric measures the growth in how many bitcoins per share MicroStrategy owns.
$BTC
The software company-turned-bitcoin buyer said in a filing with the Securities and Exchange Commission (SEC) Monday that it had spent around $209 million in cash to buy 2,138 bitcoin between Dec. 23 and Dec. 29 at an average price of $97,837. The company now holds 446,400 bitcoin.
Shares of MicroStrategy, which joined the Nasdaq 100 last week, were down more than 6% in recent trading as the price of bitcoin fell. The cryptocurrency was trading at around $92,500 recently, down from highs last week of around $99,000 and an all-time high of $108,000 set two weeks ago.
Purchases Part of MicroStrategy's '21/21' Strategy
The bitcoin purchases over the past week were funded through at-the-market (ATM) share sales as part of MicroStrategy’s previously-announced "21/21" strategy.
The 21/21 plan is the company's strategy of raising $42 billion of capital by selling new shares and fixed-income securities to buy more bitcoin.
MicroStrategy also reported a year-to-date "bitcoin yield" of 74.1% in Monday's filing. That metric measures the growth in how many bitcoins per share MicroStrategy owns.
$BTC
Solv Protocol (SOLV) Megadrop Launches: Join with BNB Locked Products or Web3 Quests to Earn Rewards
Binance has announced Solv Protocol (SOLV) as the third project on its Binance Megadrop platform. Solv Protocol, a Bitcoin staking protocol focused on building a Bitcoin-centric financial ecosystem, offers users the opportunity to participate in the SOLV Megadrop starting from January 7, 2025, at 00:00 UTC. The Megadrop page is expected to be available on the Binance App approximately 12 hours before the event begins.
Following the Megadrop period, Binance will list Solv Protocol (SOLV) on January 17, 2025, at 10:00 UTC, introducing trading pairs including SOLV/USDT, SOLV/BNB, SOLV/FDUSD, and SOLV/TRY. The seed tag will be applied to SOLV at launch.
Key Dates and Participation Periods
SOLV Megadrop Period: January 7, 2025, 00:00 UTC – January 16, 2025, 23:59 UTCBNB Locked Products Snapshot Period: Participants can begin locking BNB prior to January 7, 2025, to maximize their Locked BNB Scores, with hourly snapshots of BNB subscriptions taken throughout the period. Further details are available in the FAQ.Web3 Quest Period: Users can complete designated Web3 Quests to boost their score.
Web3 Quest Details
Quest 1: Stake 0.0001 BTCB on Solv Protocol (available from January 17, 2025, at 06:00 UTC).https://docs.solv.finance/user-guide/deposit-btcb-in-binance-megadrop
Participants will receive Megadrop rewards in their Binance Spot Account.
SOLV Tokenomics
Token Name: Solv Protocol (SOLV)
Maximum Token Supply: 9,660,000,000 SOLV (subject to increase via network governance for Bitcoin Reserve Offering)
Genesis Token Supply: 8,400,000,000 SOLV (86.96% of max supply)
Megadrop Token Rewards: 588,000,000 SOLV (7.00% of genesis supply, 6.09% of max supply)
Initial Circulating Supply on Binance: 1,482,600,000 SOLV (17.65% of genesis supply, 15.35% of max supply)
Participation Requirements and Rewards Calculation
Participation in the SOLV Megadrop requires KYC verification in eligible jurisdictions. Each user has a hard cap of 4,704,000 SOLV.
Total Score Formula:
Total Score = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus
Locked BNB Score (based on hourly snapshots during the BNB Locked Products Snapshot Period) = (Average 120-day BNB Locked Amount * 130) + (Average 90-day BNB Locked Amount * 120) + (Average 60-day BNB Locked Amount * 110) + (Average 30-day BNB Locked Amount * 100) + (Average DeFi BNB Assets Amount * 30)The Web3 Quest Multiplier is 1.5, and the Web3 Quest Bonus is 500.
How to Participate
Log into a Binance account.Subscribe to BNB Locked Products or complete designated Web3 Quests via the Megadrop page on the Binance App.Ensure at least one active Binance Wallet is linked for quest completion.After completing the Web3 Quests, click the [Verify] button on the Megadrop project page before the Quest Period ends to claim the Web3 Quest Bonus and Multiplier.Megadrop rewards will be distributed based on the total score.
#BinanceMegadropSolv
Following the Megadrop period, Binance will list Solv Protocol (SOLV) on January 17, 2025, at 10:00 UTC, introducing trading pairs including SOLV/USDT, SOLV/BNB, SOLV/FDUSD, and SOLV/TRY. The seed tag will be applied to SOLV at launch.
Key Dates and Participation Periods
SOLV Megadrop Period: January 7, 2025, 00:00 UTC – January 16, 2025, 23:59 UTCBNB Locked Products Snapshot Period: Participants can begin locking BNB prior to January 7, 2025, to maximize their Locked BNB Scores, with hourly snapshots of BNB subscriptions taken throughout the period. Further details are available in the FAQ.Web3 Quest Period: Users can complete designated Web3 Quests to boost their score.
Web3 Quest Details
Quest 1: Stake 0.0001 BTCB on Solv Protocol (available from January 17, 2025, at 06:00 UTC).https://docs.solv.finance/user-guide/deposit-btcb-in-binance-megadrop
Participants will receive Megadrop rewards in their Binance Spot Account.
SOLV Tokenomics
Token Name: Solv Protocol (SOLV)
Maximum Token Supply: 9,660,000,000 SOLV (subject to increase via network governance for Bitcoin Reserve Offering)
Genesis Token Supply: 8,400,000,000 SOLV (86.96% of max supply)
Megadrop Token Rewards: 588,000,000 SOLV (7.00% of genesis supply, 6.09% of max supply)
Initial Circulating Supply on Binance: 1,482,600,000 SOLV (17.65% of genesis supply, 15.35% of max supply)
Participation Requirements and Rewards Calculation
Participation in the SOLV Megadrop requires KYC verification in eligible jurisdictions. Each user has a hard cap of 4,704,000 SOLV.
Total Score Formula:
Total Score = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus
Locked BNB Score (based on hourly snapshots during the BNB Locked Products Snapshot Period) = (Average 120-day BNB Locked Amount * 130) + (Average 90-day BNB Locked Amount * 120) + (Average 60-day BNB Locked Amount * 110) + (Average 30-day BNB Locked Amount * 100) + (Average DeFi BNB Assets Amount * 30)The Web3 Quest Multiplier is 1.5, and the Web3 Quest Bonus is 500.
How to Participate
Log into a Binance account.Subscribe to BNB Locked Products or complete designated Web3 Quests via the Megadrop page on the Binance App.Ensure at least one active Binance Wallet is linked for quest completion.After completing the Web3 Quests, click the [Verify] button on the Megadrop project page before the Quest Period ends to claim the Web3 Quest Bonus and Multiplier.Megadrop rewards will be distributed based on the total score.
#BinanceMegadropSolv
Bitcoin tops $100,000 again as Congress set to certify Trump victory
Bitcoin rose as much as 4.1% to $102,504 on Monday. As of Sunday it had posted a weekly gain of 5.66%, its largest since Nov. 24, according to data compiled by Bloomberg.
Bitcoin’s record-breaking run in 2024 ran out of steam in late December as investors looked to book profits. Optimism that a pro-crypto White House under Donald Trump will instigate a supportive regime in the US had earlier helped lift the token to an all-time high of $108,315.
The momentum shift comes after investors poured a net $908 million into a crop of US Bitcoin exchange-traded funds on Friday, the fifth biggest inflow for the group since their launch in Jan. 2024, according to data compiled by Bloomberg. Those funds posted a record net outflow of $680 million on Dec. 19.
“The ETF issuers almost all trade and custody with Coinbase so they tend to push the premium or discount based on demand for the ETF,” said Joe McCann, founder and chief executive officer of Miami-based crypto hedge fund Asymmetric.
Software company turned Bitcoin proxy, MicroStrategy Inc. has also been driving Bitcoin purchases. The Bitcoin treasury company bought $101 million of the cryptocurrency last week, marking its ninth week of consecutive purchases, according to a US Securities and Exchange filing on Monday. But this marks a large decline from the over $1 billion in purchases it made in weeks in November and December.
Similarly bullish for Bitcoin traders is the recovery of the Bitcoin Coinbase Premium, a metric that tracks the difference between the price of the token on Coinbase Global Inc., a leading US digital-assets exchange, and global crypto bourse Binance Holdings Ltd.
Bitcoin’s prospects in 2025 will hinge partly on to what extent Trump follows through on his crypto pledges, which include establishing a national stockpile of Bitcoin. Some are doubtful that the rally can be sustained. In a Jan. 6 MLIV Pulse survey that asked which winning investments of 2024 are most likely to turn into losers in 2025, 39% of respondents chose Bitcoin, giving it the largest share of the vote.
#BTC100KTrumpEffect $BTC
Bitcoin’s record-breaking run in 2024 ran out of steam in late December as investors looked to book profits. Optimism that a pro-crypto White House under Donald Trump will instigate a supportive regime in the US had earlier helped lift the token to an all-time high of $108,315.
The momentum shift comes after investors poured a net $908 million into a crop of US Bitcoin exchange-traded funds on Friday, the fifth biggest inflow for the group since their launch in Jan. 2024, according to data compiled by Bloomberg. Those funds posted a record net outflow of $680 million on Dec. 19.
“The ETF issuers almost all trade and custody with Coinbase so they tend to push the premium or discount based on demand for the ETF,” said Joe McCann, founder and chief executive officer of Miami-based crypto hedge fund Asymmetric.
Software company turned Bitcoin proxy, MicroStrategy Inc. has also been driving Bitcoin purchases. The Bitcoin treasury company bought $101 million of the cryptocurrency last week, marking its ninth week of consecutive purchases, according to a US Securities and Exchange filing on Monday. But this marks a large decline from the over $1 billion in purchases it made in weeks in November and December.
Similarly bullish for Bitcoin traders is the recovery of the Bitcoin Coinbase Premium, a metric that tracks the difference between the price of the token on Coinbase Global Inc., a leading US digital-assets exchange, and global crypto bourse Binance Holdings Ltd.
Bitcoin’s prospects in 2025 will hinge partly on to what extent Trump follows through on his crypto pledges, which include establishing a national stockpile of Bitcoin. Some are doubtful that the rally can be sustained. In a Jan. 6 MLIV Pulse survey that asked which winning investments of 2024 are most likely to turn into losers in 2025, 39% of respondents chose Bitcoin, giving it the largest share of the vote.
#BTC100KTrumpEffect $BTC
How One Hashtag Caused Bitcoin to Surge By Thousands of Dollars in Minutes
First, there was GameStop. A 2,700% rise in the space of a month. Okay.
Then, there was Dogecoin. Up 400% in 24 hours? Yeah, sure.
And now, we have Bitcoin. Elon Musk has sneakily slipped #bitcoin into his Twitter bio — and in the space of 30 minutes, BTC’s price leapt up by more than $3,000.
It’s official: the markets have gone insane.
Musk turned into a cryptic crossword after updating his bio, tweeting: “In retrospect, it was inevitable.”
The Tesla CEO has found it hard to conceal his anger over the battle that’s been going on between retail traders and the hedge funds shorting GameStop.
Musk’s endorsement has helped BTC pull away from $30,000, after spending several days on the brink of slipping into the $20,000s.
What remains to be seen is whether this sudden spike will endure, and whether this could renew interest among institutional investors who are widely seen as crucial in helping BTC retake all-time highs above $42,000.
All this volatility in the markets is enough to make your head spin.
#BitcoinHashRateSurge
$BTC
Then, there was Dogecoin. Up 400% in 24 hours? Yeah, sure.
And now, we have Bitcoin. Elon Musk has sneakily slipped #bitcoin into his Twitter bio — and in the space of 30 minutes, BTC’s price leapt up by more than $3,000.
It’s official: the markets have gone insane.
Musk turned into a cryptic crossword after updating his bio, tweeting: “In retrospect, it was inevitable.”
The Tesla CEO has found it hard to conceal his anger over the battle that’s been going on between retail traders and the hedge funds shorting GameStop.
Musk’s endorsement has helped BTC pull away from $30,000, after spending several days on the brink of slipping into the $20,000s.
What remains to be seen is whether this sudden spike will endure, and whether this could renew interest among institutional investors who are widely seen as crucial in helping BTC retake all-time highs above $42,000.
All this volatility in the markets is enough to make your head spin.
#BitcoinHashRateSurge
$BTC
Congratulations 🎉🎉🎉
Binance Hits 250M Users
➡️ #Binance has now reached 250 million registered users, a major leap from 200 million in June 2024
➡️ With 50 million new users added in just seven months, it is accelerating toward its 1 billion user target.
➡️ With 50 million new users added in just seven months, it is accelerating toward its 1 billion user target.
Binance Hits 250M Users
➡️ #Binance has now reached 250 million registered users, a major leap from 200 million in June 2024
➡️ With 50 million new users added in just seven months, it is accelerating toward its 1 billion user target.
➡️ With 50 million new users added in just seven months, it is accelerating toward its 1 billion user target.
The price of Meme coin skyrocketed by 900% after Elon Musk updated his profile to 'Kekius Maximus'.
Elon Musk, the CEO of Tesla and SpaceX, recently caused a stir online after changing his handle on X (formerly Twitter) to ‘Kekius Maximus.’ This unexpected move left his massive following of over 210 million users curious. Musk has yet to explain the reason behind the change, leading to a flurry of speculation.
The name, ‘Kekius Maximus,’ seems to blend internet culture with a nod to ancient history. The first part, ‘Kekius,’ is likely a play on ‘kek,’ an internet slang term used similarly to ‘lol’ (laugh out loud), popular in online gaming and certain internet communities. The second part, ‘Maximus,’ references the famous Roman general Maximus Decimus Meridius. .
Musk had also updated his profile picture, replacing it with an image of Pepe the Frog dressed as a Roman soldier, holding a video game joystick. Pepe, originally a harmless cartoon character, has been adopted by various internet subcultures and, at times, controversial groups. By pairing it with Roman attire and a joystick, Musk seems to be mixing gaming culture, historical references, and meme humour.
However, the most significant impact of Musk’s change came in the cryptocurrency world. A memecoin named ‘Kekius Maximus,’ saw its price skyrocket by over 900 percent. Before Musk’s update, the coin was trading for less than 20 cents. Within hours of the profile change, its value surged dramatically, drawing attention to the potential link between Musk’s online activities and the rise of memecoins.
While Musk has not commented on his involvement with the ‘Kekius Maximus’ coin, his past influence on cryptocurrency markets—especially with Dogecoin—makes it hard to ignore the connection. His social media presence has been known to drive major price fluctuations in digital currencies. This latest episode raises questions about the role of memes and online trends in shaping financial markets, as well as Musk’s influence on them.
$DOGE $PEPE
#BtcNewHolder
The name, ‘Kekius Maximus,’ seems to blend internet culture with a nod to ancient history. The first part, ‘Kekius,’ is likely a play on ‘kek,’ an internet slang term used similarly to ‘lol’ (laugh out loud), popular in online gaming and certain internet communities. The second part, ‘Maximus,’ references the famous Roman general Maximus Decimus Meridius. .
Musk had also updated his profile picture, replacing it with an image of Pepe the Frog dressed as a Roman soldier, holding a video game joystick. Pepe, originally a harmless cartoon character, has been adopted by various internet subcultures and, at times, controversial groups. By pairing it with Roman attire and a joystick, Musk seems to be mixing gaming culture, historical references, and meme humour.
However, the most significant impact of Musk’s change came in the cryptocurrency world. A memecoin named ‘Kekius Maximus,’ saw its price skyrocket by over 900 percent. Before Musk’s update, the coin was trading for less than 20 cents. Within hours of the profile change, its value surged dramatically, drawing attention to the potential link between Musk’s online activities and the rise of memecoins.
While Musk has not commented on his involvement with the ‘Kekius Maximus’ coin, his past influence on cryptocurrency markets—especially with Dogecoin—makes it hard to ignore the connection. His social media presence has been known to drive major price fluctuations in digital currencies. This latest episode raises questions about the role of memes and online trends in shaping financial markets, as well as Musk’s influence on them.
$DOGE $PEPE
#BtcNewHolder
#2024WithBinance
2024 has been transformative for Binance and the broader crypto ecosystem. Binance Blockchain Week 2024 in Dubai spotlighted Web3, AI integration, and global regulation. Industry leaders discussed the potential of decentralized AI to enhance blockchain applications while guarding against centralization risks. Regulatory talks stressed international cooperation for fair, transparent crypto laws.
Binance's co-founder Yi He shared a vision for mass crypto adoption, emphasizing ease of use and inclusivity. Dubai's strategic push to become a tech hub underscored emerging markets’ potential.
As a crypto enthusiast, these developments highlight a promising future where blockchain becomes an accessible and regulated global technology, balancing innovation and compliance. This year could redefine how the world interacts with digital assets.
#BURNGMT #WeAreAllSatoshi #CPIUpdateOctober
2024 has been transformative for Binance and the broader crypto ecosystem. Binance Blockchain Week 2024 in Dubai spotlighted Web3, AI integration, and global regulation. Industry leaders discussed the potential of decentralized AI to enhance blockchain applications while guarding against centralization risks. Regulatory talks stressed international cooperation for fair, transparent crypto laws.
Binance's co-founder Yi He shared a vision for mass crypto adoption, emphasizing ease of use and inclusivity. Dubai's strategic push to become a tech hub underscored emerging markets’ potential.
As a crypto enthusiast, these developments highlight a promising future where blockchain becomes an accessible and regulated global technology, balancing innovation and compliance. This year could redefine how the world interacts with digital assets.
#BURNGMT #WeAreAllSatoshi #CPIUpdateOctober
Top Cryptocurrencies that Jumped Over 50% in Last Few Hours
The crypto market continues to showcase remarkable activity, with several cryptocurrencies delivering substantial gains in the last few hours. Among the top performers are tokens such as Across Protocol (ACX), Bazaars (BZR), and Orca (ORCA), which have captured significant market attention due to their impressive price surges.
Across Protocol ($ACX )
Across Protocol (ACX) leads the list of top gainers, trading at $1.32, reflecting an impressive 122.27% increase in the last 24 hours. With a trading volume of $90,474,494, ACX has drawn considerable attention from investors, positioning itself as a standout performer in today’s market. The token’s recent price movement indicates heightened interest in its underlying protocol.
Bazaars (BZR)
Bazaars (BZR) has seen a significant price surge, currently trading at $23.19, marking a 118.55% rise over the past day. The token recorded a trading volume of $1,014,264, highlighting increased market activity and investor interest. BZR's price rally showcases its potential within the decentralized marketplace sector.
Orca ($ORCA )
Orca (ORCA) has emerged as one of the leading gainers, with its price reaching $6.92, an 81.53% increase over the last 24 hours. The token boasts a trading volume of $109,887,484, emphasizing strong market momentum. ORCA's focus on decentralized finance solutions continues to drive its popularity among investors.
ECOMI (OMI)
ECOMI (OMI) is trading at $0.0006885, reflecting a 47.36% gain in the past 24 hours. With a trading volume of $8,338,372, OMI has captured the attention of traders seeking opportunities in the digital collectible ecosystem. Its recent performance highlights the growing interest in NFT-related projects.
PlatON (LAT)
PlatON (LAT) is another notable performer, trading at $0.01835, with a 40.10% increase in the last 24 hours. The token’s trading volume of $18,083,762 underlines its steady rise in market activity. LAT's focus on privacy-preserving computation and scalability has resonated with blockchain enthusiasts.
Market Trends and Outlook
The exceptional performance of tokens like ACX, BZR, and ORCA reflects the dynamic nature of the cryptocurrency market. These altcoins are benefiting from strong community support, innovative applications, and increased trading volumes. Meanwhile, tokens such as OMI and LAT demonstrate the continued growth and diversification within the broader blockchain ecosystem.
As these cryptocurrencies surge, investors remain focused on market trends and opportunities that align with evolving technologies. The impressive price movements of these tokens underline the potential for significant growth within the crypto space, fueled by innovation and investor interest.
This period of high activity highlights the resilience of the cryptocurrency market, setting the stage for further developments as the year progresses.
#2024withBinance #WeAreAllSatoshi #CPIUpdateOctober #CryptoDailyInsight #CryptoNewss
Across Protocol ($ACX )
Across Protocol (ACX) leads the list of top gainers, trading at $1.32, reflecting an impressive 122.27% increase in the last 24 hours. With a trading volume of $90,474,494, ACX has drawn considerable attention from investors, positioning itself as a standout performer in today’s market. The token’s recent price movement indicates heightened interest in its underlying protocol.
Bazaars (BZR)
Bazaars (BZR) has seen a significant price surge, currently trading at $23.19, marking a 118.55% rise over the past day. The token recorded a trading volume of $1,014,264, highlighting increased market activity and investor interest. BZR's price rally showcases its potential within the decentralized marketplace sector.
Orca ($ORCA )
Orca (ORCA) has emerged as one of the leading gainers, with its price reaching $6.92, an 81.53% increase over the last 24 hours. The token boasts a trading volume of $109,887,484, emphasizing strong market momentum. ORCA's focus on decentralized finance solutions continues to drive its popularity among investors.
ECOMI (OMI)
ECOMI (OMI) is trading at $0.0006885, reflecting a 47.36% gain in the past 24 hours. With a trading volume of $8,338,372, OMI has captured the attention of traders seeking opportunities in the digital collectible ecosystem. Its recent performance highlights the growing interest in NFT-related projects.
PlatON (LAT)
PlatON (LAT) is another notable performer, trading at $0.01835, with a 40.10% increase in the last 24 hours. The token’s trading volume of $18,083,762 underlines its steady rise in market activity. LAT's focus on privacy-preserving computation and scalability has resonated with blockchain enthusiasts.
Market Trends and Outlook
The exceptional performance of tokens like ACX, BZR, and ORCA reflects the dynamic nature of the cryptocurrency market. These altcoins are benefiting from strong community support, innovative applications, and increased trading volumes. Meanwhile, tokens such as OMI and LAT demonstrate the continued growth and diversification within the broader blockchain ecosystem.
As these cryptocurrencies surge, investors remain focused on market trends and opportunities that align with evolving technologies. The impressive price movements of these tokens underline the potential for significant growth within the crypto space, fueled by innovation and investor interest.
This period of high activity highlights the resilience of the cryptocurrency market, setting the stage for further developments as the year progresses.
#2024withBinance #WeAreAllSatoshi #CPIUpdateOctober #CryptoDailyInsight #CryptoNewss
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