Tag: Binance

Binance Data Reveals Surprising Bitcoin Trading Patterns—Here’s What Traders Are Doing

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

Traders holding onto Bitcoin despite market panic: Binance

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Crypto markets declined in March due to concerns over the ongoing trade war and monetary policy. Still, traders have not given up on Bitcoin, according to a new report from Binance. Bitcoin (BTC) reserve, monetary policy, and fears over the trade war are stirring the markets, according to Binance. On April 4, Binance published a report on the state of the crypto market last month, delineating key trends. The overall crypto market declined by 4.4% in March. The primary drivers of this volatility were tariff tensions, with U.S. President Donald…

Bitcoin DeFi surge may boost BTC demand and adoption — Binance

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The value locked in Bitcoin-based decentralized finance (BTCFi) has surged by more than 2,700% over the past year, potentially transforming Bitcoin from a passive store of value into a productive, yield-bearing asset, according to new research from Binance. BTCFi is a new technological paradigm that aims to bring decentralized finance capabilities to Bitcoin’s base layer. It is one of the fastest-growing crypto sectors, reaching a total value locked (TVL) of over $8.6 billion. The growing value of BTCFi, “along with potential interest rate cuts, may reinforce positive sentiment for Bitcoin…

Binance co-founder Changpeng Zhao to advise Kyrgyzstan on blockchain tech

Former Binance CEO Changpeng “CZ” Zhao will begin advising the Kyrgyz Republic on blockchain and crypto-related regulation and tech after signing a memorandum of understanding with the country’s foreign investment agency. “I officially and unofficially advise a few governments on their crypto regulatory frameworks and blockchain solutions for gov efficiency, expanding blockchain to more than trading,” the crypto entrepreneur said in an April 3 X post, adding that he finds this work “extremely meaningful.” His comments came in response to an earlier X post from Kyrgyzstan President Sadyr Zhaparov announcing…

Whale Deposits $37M SOL to Binance, Solana Loses Crucial Support

Key Notes Solana’s market cap has fallen to $59.48 billion following the 7.5% price drop. A whale’s massive 312,000 SOL deposit to Binance led to selling pressure. The cryptocurrency has lost its critical $124 support level, which it tested six times in the past year. Solana SOL $114.7 24h volatility: 8.9% Market cap: $58.78 B Vol. 24h: $7.94 B has plunged 7.5% in the past 24 hours to trade at around $116 at the time of writing. The cryptocurrency has lost its key $124 support level, a price it has…

Binance Skips Pi Network Listing Again amid Heavy Token Sell-offs

Key Notes Pi Network remains absent for the second consecutive round of Binance’s Vote to List program. The 12 selected tokens will undergo a review based on community votes, trading demand, and compliance. PI has dropped 6.5% in 24 hours, but showed signs of a potential bullish reversal. Binance has once again overlooked Pi Network in its latest round of “Vote to List” initiative. The program, which allows Binance users to vote for cryptocurrencies to be listed on the platform, has selected 12 tokens this time, spanning various utility-driven sectors.…

Binance Altcoin Crash: A Trading Bot Mishap or Market Manipulation?

Key Notes ACT token crashed a whopping 80% in the past 24 hours alongside other coins on Binance. Traders blamed trading firm Wintermute for causing this slump on altcoins on Binance. Binance said that three VIPs sold a combined $514,000 worth of ACT tokens, causing the crash. Leading crypto exchange Binance came under the crosshairs of the digital asset community when a sudden and drastic price crash hit multiple tokens. Investors were left scrambling as coins like ACT, DEXE, and DF plunged, with ACT dropping almost 57% on April 1st…

Several Altcoins Crash Up To 50% On Binance, What’s Going On?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. On Tuesday morning, several altcoins nosedived up to 50% on global crypto exchange Binance, sparking confusion among investors. Several community members shared theories for the incident, speculating that recent…

Is Binance Losing Its Grip? Bitcoin Flows Reveal Key Market Shifts

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

XRP investors eye Panshibi as Binance, Coinbase approval rumors gain momentum

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP price speculations surge as Panshibi launches amid Binance, Coinbase rumors, sparking SHIBI’s growth outlook. While the government and banks have not changed their intentions on its use case, speculations continue to grow around developments affecting the XRP price prediction. Meanwhile, Panshibi’s launch has sparked interest, with reports suggesting possible listings on major exchanges like Binance and Coinbase. If confirmed, this could influence investor sentiment and market positioning. As…