Earlier today, Bitcoin (BTC) slipped below $115,000 for the first time since August 6, raising concerns that the cryptocurrency’s bullish momentum may be fading. Against this backdrop, the Binance Buying Power Ratio suggests that demand for BTC could be weakening, potentially setting the stage for a deeper price correction. Binance Buying Power Ratio Raises Alarms According to a CryptoQuant Quicktake post by contributor Crazzyblockk, the Binance Buying Power Ratio serves as a reliable indicator of overall market health. The analyst explained that the current reading points to a possible downturn…
Tag: Binance
OpenEden and Binance Wallet Launch Six-Week, 20 Million EDEN Token Airdrop
Key Notes OpenEden’s airdrop allocates 2% of total supply through a three-phase program requiring 61+ Binance Alpha Points. The real-world asset tokenization company founded in 2022 specializes in tokenized US Treasury Bills partnerships. Eden Network’s dormant EDEN token surged 251% from confusion despite being completely separate from OpenEden’s project. OpenEden and Binance Wallet have launched a six-week airdrop campaign for the EDEN token. The program allocates 20,000,000 EDEN tokens, equivalent to 2% of the token’s total supply, to Binance Wallet users who complete specific tasks. The campaign starts on August…
PLUME Network Token Debuts on Binance Following 150M Token Airdrop: Price Surge 36%
Key Notes Binance opened PLUME trading on August 18, 2025, against pairs like USDT and BNB, following a 150 million-token airdrop. Plume is an EVM-compatible blockchain focused on real-world assets, with over 200 projects building on it and $366 million in TVL. PLUME’s price action was marked by strong volatility, with an aggressive surge a few hours before listing, followed by a crash as soon as trading started. Binance has added PLUME, the token from Plume Network, to its spot trading platform. The exchange kicked off trading on August 18,…
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Krypto: Ethereum übertrifft Bitcoin! JETZT Gewinne Sichern?!
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USELESS Coin Proves Useful—Jumps 55% After Binance Listing
According to reports, USELESS coin surged 52% in a single day after becoming the first memecoin from LetsBONKfun to land on Binance. Related Reading The price climbed from $0.19 to $0.33 during the initial burst, data from Coingecko shows, and many traders sold into that move overnight. Social interest rose alongside the price: 30-day growth was 42%, which translated to nearly 9,700 new followers, data from Messari shows. Exchange Listings Fuel Hype Reports have disclosed that other platforms moved quickly. Kraken listed the token amid the buzz, and Coinbase added…
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Binance Bitcoin Reserves Surge To 579,000 BTC
Bitcoin (BTC) created a fresh all-time high (ATH) yesterday, touching $124,474 on Binance before stabilizing around $118,000 at the time of writing. Meanwhile, BTC reserves on Binance have surged significantly, raising concerns about a potential price correction. Bitcoin Reserves Spike On Binance: Time To Worry? According to a CryptoQuant Quicktake post by contributor Arab Chain, Binance’s Bitcoin reserves have seen a sharp increase in recent months. The exchange holds the largest BTC reserves, supported by its high liquidity and the largest trading volume in the market. Related Reading From the…