Felix Pinkston October 16, 2024 10:40 Binance has improved its spot and margin services by introducing the BNSOL/USDT trading pair and a trading bot. This update aims to improve user experience and expand trading options. Binance, a leading cryptocurrency exchange, announced the addition of a new trading pair, BNSOL/USDT, to its platform. According to Binance, trading for this pair will begin at 08:00 (UTC) on October 17, 2024. This move is part of Binance’s ongoing efforts to expand trading selection and improve user experience in the spot market. Introduction to trading bots In addition…
Author: Crypto Flexs
Read More
join us telegram A channel to stay up to date on breaking news coverage Bitcoin has achieved a major milestone in the cryptocurrency market, with its market capitalization surpassing its closest competitor, Ethereum, by more than $1 trillion. As of this report, Bitcoin is trading at $68,366, with a total market capitalization of approximately $1.35 trillion. On the other hand, the price of Ethereum is $2,647, giving it a market capitalization of approximately $318.68 billion. This means that Bitcoin is now ahead of Ethereum at $1.03 trillion, more than four times Ethereum’s market cap. According to James Check, principal analyst…
Yorg Healer October 16, 2024 11:02 Binance will support the rebranding from KLAY to KAIA starting October 28, 2024 with significant changes to the trading pairs and token list. Binance, a leading cryptocurrency exchange, announced that it supports rebranding the KLAY token to KAIA, as officially announced on its website. This transition includes several changes to trading pairs, deposits, and withdrawals, and is scheduled to take effect on October 28, 2024. KLAY trading pair delisting At 03:00 UTC on October 28, 2024, Binance will delist all existing KLAY spot trading pairs, including KLAY/BTC and…
A widely respected cryptocurrency strategist believes one little-known Ethereum (ETH) challenger will hit his massive price target this cycle. Pseudonym trader Rager tells his 199,100 followers on social media platform X that he is bullish on layer 1 protocol Fantom (FTM). Rager shares a chart that suggests FTM will hit its target price of $3.31 around April. “Are you late to the market? People who say that aren’t looking at FTM charts. And yes, I think that’s a real goal for the next six months.” Source: Rager/X As of this writing, FTM is trading at $0.71, which represents a potential…
Cardano price started a new decline below the $0.3565 area. ADA is consolidating above $0.3420 and may attempt a recovery. ADA price began a decline below the $0.3520 support level. The price is trading below $0.3500 and the 100-hour simple moving average. On the hourly chart of the ADA/USD pair (data source from Kraken), a breakout occurred above the main bearish trendline with resistance at $0.3460. A recovery could be attempted once it breaks out of the $0.3520 resistance area. Cardano price consolidates losses After testing $0.3700 resistance, Cardano struggled to hold higher levels. ADA, unlike Bitcoin and Ethereum, formed…
Bitcoin has been rising steadily since crossing $60,000 and is currently approaching the $70,000 level, a price it has not reached for several months. As market sentiment heats up, investors are wondering whether Bitcoin has the power to hit new all-time highs or whether it will struggle to break through key resistance levels.healthy emotionsThe Fear Greed Index is a useful tool for understanding market sentiment and how traders view Bitcoin’s trajectory. Currently, the index is at a “greed” level of around 70. While this has historically been seen as a positive sign, it is still quite far from the extreme…
Felix Pinkston October 16, 2024 11:42 Explore the latest trends in the cryptocurrency market, including Bitcoin ETFs, Ethereum staking, and stablecoins, highlighted in Q4 reports from Glassnode and Coinbase. The latest Q4 ‘Crypto Market Guide’ from Glassnode and Coinbase Institutional reveals important trends shaping the cryptocurrency landscape. The report highlights the growing institutional participation in Bitcoin ETFs, the significant increase in Ethereum staking, and the pivotal role of stablecoins in driving market activity. Institutional interest in Bitcoin ETF The report highlights a notable surge in institutional interest in Bitcoin, particularly through spot ETFs. During…
The fear and greed index was 73, indicating increased market optimism. Despite rising greed, the overall cryptocurrency market cap remains strong at $2.23 trillion. The fear and greed index was 73 at the time of reporting, indicating that the market was in a state of greed. This optimism suggested that many investors were confident about further price increases. Concerns are also raised about potential market overheating. Market potential overheating AMBCrypto’s analysis of Glassnode’s Crypto Fear and Greed Index highlights a reading of 73, indicating that the market is moving deeper into greed territory. This heightened greed can often be a…
Wang Long Chai October 16, 2024 12:02 According to Tether.io, Tether’s USDT adoption will reach over 330 million on-chain wallets by the third quarter of 2024, demonstrating its global reach as a digital asset. Tether’s USDT stablecoin has seen significant growth, marking an important milestone in cryptocurrency adoption. According to Tether.io, by the end of the third quarter of 2024, over 330 million on-chain wallets and accounts had received USDT. These numbers reflect the U.S. population. User Adoption Milestones USDT’s user base has expanded rapidly, with each quarter surpassing the previous in terms of…
The Pump.fun team, a popular memecoin distribution platform on the Solana (SOL) network, recently announced its upcoming token launch and a newly upgraded trading terminal called “Pump Advance” at the X Spaces event on October 19th.The Pump team did not provide a specific timeline for future token launches. However, additional information has been provided about the recently unveiled Pump Advanced platform.According to the announcement, Pump Advance features mini-charts, data on top holders, and social indicators to help traders sift through the millions of memecoins currently competing for attention. The team also announced a 0% first month fee and improved login…