Timothy Morano 18 Sep 2024 12:12 Binance Futures will be launching KDAUSDT perpetual contracts with up to 75x leverage on September 18, 2024, improving trading options. Binance Futures will expand its trading options by launching the KDAUSDT Perpetual Contract, which offers up to 75x leverage, according to a company announcement. The new contract will be available starting September 18, 2024 at 13:30 (UTC).Details of KDAUSDT perpetual contractThe KDAUSDT Perpetual Contract has a maximum funding rate of +2.00% / -2.00% at launch. The funding fee is settled every 4 hours. Binance noted that the specifications,…
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AI-centric Bitcoin Bitcoin +1.51% According to Bernstein Research and Brokerage analysts, miners such as Core Scientific, IREN, and Terawulf have outperformed their “pure-play” competitors in terms of stock price, thanks to their strong conviction in their data center theories, even amidst Bitcoin price volatility.Gautam Chhugani, Mahika Sapra, and Sanskar Chindalia wrote in a note to clients on Monday that AI-driven miners have outperformed due to increased investor confidence in their business model diversification, better valuation multiples, more predictable revenue streams, and greater flexibility in navigating the often volatile Bitcoin market.Analysts said that while the hashrate growth of AI-focused operators may…
A cryptocurrency project that gained traction last year for its iris scanning technology is moving into a new blockchain. According to a new blog post from Sam Altman’s WorldCoin (WLD), the identity-centric project is switching to Solana (SOL) via the Wormhole interoperability platform. “Wormhole Foundation co-founder Robinson Burkey said: “Introducing World ID to Solana is a huge step forward for identity verification. By integrating World ID with Wormhole Queries, developers can now easily build applications that prioritize real users across chains, improving trust in the decentralized ecosystem.” World ID is a decentralized identity protocol for Worldcoin, which aims to create…
Key Points Binance’s Moonbix game leaked before its official launch. The company is working to address user issues caused by the leak and will announce a release date soon. Share this article Binance Customer Support has confirmed that the company will soon be launching a new Play-to-Earn (P2E) game called “Moonbix” available on the Telegram mini app.The statement follows recent rumors that Binance is launching a space-themed game, where players will pilot a spaceship using a claw-shaped controller to collect items like yellow stones and gifts scattered across the galaxy.Several X (formerly Twitter) accounts have posted screenshots of the game,…
Wang Long Chai September 18, 2024 10:21 Binance is launching a new customized Dual Investment for users holding 300,000 USDT or more, offering an additional 10% APR during the promotion period. Binance Earn has announced the launch of a new Bespoke Dual Investment product for users with an equivalent balance exceeding 300,000 USDT. According to Binance, this innovative product allows participants to set their preferred target price and date when buying or selling large amounts of cryptocurrencies, thereby earning additional rewards regardless of market direction. highlights 1. Custom: Users can customize their investments by…
Bitcoin (BTC) is expected to recover to $64,000 “very quickly” as the U.S. Federal Reserve cuts interest rates.Capriole Investments, a quantitative Bitcoin and digital asset fund, said in its latest monthly update report released on September 17 that BTC price action is at a critical crossroads.Capriole Founder: ‘I Wouldn’t Be Surprised’ by BTC Price at $64,000Capriole Investments founder Charles Edwards expects Bitcoin to benefit exponentially in Q4 due to macroeconomic changes. Q4 will be the best quarter for the market. BTC/USD, which was barely moving last month, is now expected to resume its classic bullish move if the Fed cuts…
BNB could rise 10% to $600 in the coming days. The BNB long/short ratio currently stands at 1.031, indicating that traders are expecting a bullish market sentiment. On September 17, Binance Coin (BNB), the world’s fourth-largest cryptocurrency, successfully retested the $530 breakout level and is now poised for an upside momentum. While major cryptocurrencies struggle to gain momentum, BNB experienced a price surge of over 3.5%, suggesting the possibility of an upcoming rally. BNB Price Momentum According to data from Tradingview, at the time of writing, BNB was trading near $545 and had experienced a price surge of over 3.5%…
Technology • September 18, 2024 3:14 AM EDT Posted 1 minute earlier ~ in Updated: September 18, 2024 4:04 AM EDT Google’s cloud division has launched a new blockchain remote procedure call (RPC) service to support Web3 development.At launch, Google Cloud’s “Blockchain RPC” service will support the Ethereum mainnet and test network, with plans to expand support for additional blockchain networks over the next year. It will compete with existing RPC providers such as Infura, Alchemy, QuickNode, Ankr, and RPC, allowing developers to interact with the network without having to run a full node.This RPC solution allows developers to access…
Terryl Dickey Sep 18, 2024 07:09 Chainalysis’ 2024 report shows how institutions in South Korea and Hong Kong are leading the way in cryptocurrency adoption in East Asia. A recent report from Chainalysis shows that there is a significant surge in cryptocurrency adoption in East Asia, driven primarily by institutional investors in regions like South Korea and Hong Kong. Crypto Economy in East Asia East Asia is the sixth largest crypto economy globally, accounting for 8.9% of the global value generated between July 2023 and June 2024. During this period, the region received over…
The crypto influencer has yet to publicly respond to accusations that he used bots to manipulate social media metrics and influence, shortly after winning the “Best Content Creator” award at a crypto event.The investigator, known as “ZachXBT,” accused an influencer on X called “Professor Crypto” of using “thousands of bots” to “trickle down people into thinking he had influence.”He also suggested the move could violate a U.S. Federal Trade Commission rule that “prohibits the sale or purchase of fake measures of social media influence, such as followers or views generated by bots or hacked accounts.”The Crypto professor has yet to…