⏺ Binance attracted $21.7 billion in deposits in 2024
Cryptocurrency exchange Binance reported a record influx of deposits totaling $21.7 billion for the year 2024. This figure is 36% higher than the combined volume of deposits placed on the 10 largest exchanges, highlighting its leadership in the market.
Dogecoin has shown an impressive growth of 400%, while XRP has increased by 295%. TRON also made it to the top three leaders with a growth of 200%. Altcoins continue to demonstrate high potential, attracting the attention of investors amid market optimism. $BTC $XRP
Fresh news from the world of cryptocurrencies on December 13, 2024:
1. BNB regains positions The cryptocurrency Binance Coin (BNB) has once again entered the top 3 by market capitalization, showing a growth of 15% over the day. This confirms its importance for users and investors, despite recent market fluctuations.
2. MicroStrategy continues to purchase bitcoins The company has acquired an additional 1045 BTC worth $29.3 million, strengthening its position as the largest corporate holder of bitcoins. The total volume of its BTC assets now exceeds 160,000 coins.
1. Nigeria Legalizes Cryptocurrency The Nigerian government has announced plans to formally regulate cryptocurrency to facilitate investor access and stimulate economic growth.
2. Binance Web3 Wallet Update Binance has released a new version of its Web3 wallet, which supports multi-currency transactions and NFT integration. This is a step towards popularizing cryptocurrencies among new users.
3. Crypto Reserve Storage Solution Casa platform has introduced Praetorian, a tool for secure storage of crypto assets, designed for government needs and strategic reserves.
4. MOVE Token Growth The new MOVE token has sharply increased in capitalization to $2.2 billion after its release on Binance, confirming the high interest in DeFi projects. #Move
The cryptocurrency market continues to evolve, demonstrating innovation and growing interest among users and investors. $BTC $ETH
⏺️ Google introduced the quantum chip Willow: blockchains may face new threats 🚨. With the development of quantum technologies, the protection of blockchains will require a shift to quantum-resistant algorithms 🔐. $BTC $ETH #GoogleWillow
According to Santiment, whales continue to actively buy XRP during dips. This may indicate long-term confidence of large investors in the cryptocurrency. $XRP #santiment
1. Development of DeFi on Bitcoin The Babylon protocol has received significant investments, promoting decentralized finance (DeFi) based on Bitcoin. This direction promises new opportunities for users and miners. $BTC
2. Scaling Blockchains Layer two solutions, such as Optimism and Arbitrum, are actively improving the throughput of blockchains and reducing fees, which is important for user growth.
3. The Surge of XRP from Ripple XRP has become the third largest cryptocurrency, surpassing USDT, with a price increase of 370% in a month, strengthening Ripple's position in the industry.
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The cryptocurrency market in 2024 continues its rapid development, demonstrating growth in innovation and new solutions for the global community.