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Speedy Medic
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#MarketRebound After last weekend’s sharp crypto crash, institutions moved decisively to buy the dip and expand their holdings. BitMine Technologies, the world’s largest corporate Ethereum treasury, announced a purchase of 202,037 ETH, raising its reserves to an impressive 3,032,188 ETH—over 2.5% of the total ETH supply—valued at more than $3 billion. Including its broader financial assets and moonshot investments, BitMine’s corporate treasury is now worth $13.4 billion. Meanwhile, Strategy, the largest corporate Bitcoin holder, took advantage of the downturn by acquiring 220 BTC for $27.2 million, bringing its total BTC holdings to 640,250. This institutional buying exemplifies how digital asset managers and major investors seized the chance to accumulate assets at a discount. The crash saw Bitcoin’s price plunge by $20,000 within a single day, and Ethereum suffered a 21% drop, unsettling retail investors but motivating whales and big players to quietly accumulate diverse altcoins. Large investors showed particular interest in assets like Chainlink, Uniswap, and Dogecoin. LINK whales holding over 100,000 tokens ramped up their positions by 22.45%, pushing their total holdings to 4.16 million LINK. Uniswap wallets accumulated 0.66 million UNI, adding roughly $4 million, as the DEX processed record daily volumes of $9 billion. The most aggressive move came in Dogecoin: wallets holding over a billion DOGE added 0.82 billion tokens, translating to around $156 million in new acquisitions. While retail sentiment remains shaken following the dramatic sell-off, institutional players are leveraging volatility to strengthen portfolios and position for the next upswing in the crypto market. $ETH $LINK
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#BNB BNB recently reached a new all-time high above $1,300, a milestone seen by CEA Industries CEO David Namdar as confirmation of the token’s credibility, not a one-off event. 🚀 Namdar called BNB the most overlooked blue-chip asset in the market, attributing its surge to fundamentals that have long been underestimated. The market is waking up to BNB’s scale, utility, and trustworthiness, as highlighted by the increasing throughput of the BNB Chain, its rising user activity, and escalating interest in DeFi and blockchain gaming.💥 Currently, the BNB Smart Chain holds a total value locked (TVL) of $8.66 billion, making it the third-largest blockchain in this respect. It recently reported 2.52 million active users and over 20.7 million daily transactions, demonstrating that Namdar’s thesis “size + utility” truly pays off. He points out that both macroeconomic flows—like renewed liquidity and ETF inflows—and the inner strength of BNB’s ecosystem are driving growth, with decentralized trading and the breadth of applications (opBNB, PancakeSwap volumes) boosting confidence.💎 #Binance itself has expanded as a global network, strengthening trust through infrastructure, wallets, payments, and Web3 apps, which is further reinforced by regulatory licenses and partnerships in Europe, the Middle East, and Asia. The acquisition by PayPay of a significant stake in Binance Japan highlights the exchange’s growing footprint. CEA Industries, listed under the ticker BNC on Nasdaq, now holds the world’s largest BNB treasury among corporations, with 480,000 BNB tokens and $663 million in total assets.💰 BNB also became the third-largest crypto asset by market cap, recently surpassing XRP. The surge in meme coin trading on the BNB Chain—referred to as “BNB Meme Season” by Binance founder Changpeng Zhao—has attracted over 100,000 on-chain traders, with around 70% seeing profits, including remarkable gains for top traders. $BNB
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#XRP XRP has rebounded strongly after the recent crypto market crash, rising over 7% in the past 24 hours to around $2.55. 🔥 Despite the volatility, its one-year trend remains firmly bullish with a more than 350% increase. The SOPR metric, which tracks whether investors are selling at profit or loss, has dropped to 0.95—suggesting sellers may be exhausted and a reversal could be near. 🗿 Historically, such low levels preceded a 35% rally, potentially pushing XRP towards the $3.10–$3.35 range. However, long-term holders have slowed accumulation, which might delay momentum. Technically, XRP is consolidating in a symmetrical triangle; a breakout above $2.72 could trigger renewed buying and propel the price upward.🚀 #Buy #Bullish $XRP
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#Shutdown #ETF The U.S. government is now entering its third week of shutdown, leaving up to 16 crypto-related ETFs waiting for approval as operations across federal agencies, including the SEC, remain at minimal capacity. The shutdown began on October 1 after Republicans and Democrats failed to reach an agreement on government funding, resulting in a halt to most government functions and the freezing of regulatory action. The SEC had been expected to decide on at least sixteen pending crypto ETF applications in early October, alongside twenty-one new filings submitted within the first eight days of the month, all now delayed due to the shutdown. There’s still no clear timeline for resolution as negotiations remain stalled. Republicans are pushing for substantial spending cuts to reduce the ballooning national debt, now exceeding $37.8 trillion, roughly $111,000 per U.S. citizen, while also increasing border security funding. Democrats oppose cuts to healthcare programs and are advocating for extensions to tax credits that help lower insurance costs. With the Senate and House not scheduled to meet before Tuesday, the situation shows no signs of ending soon. The stalemate can only be resolved once Congress passes legislation or a continuing resolution to temporarily fund the government, which President Donald Trump would then need to sign to reopen federal offices. This marks the eleventh government shutdown in U.S. history and the first since the record 35-day closure from December 2018 to January 2019. Market analysts are already anticipating broader implications for the crypto industry. Nate Geraci, president of NovaDius Wealth Management, suggested that once the shutdown ends, the “floodgates for spot crypto ETFs” could open, potentially unleashing a wave of approvals. Bitfinex analysts previously forecasted that these ETFs could trigger a new altcoin season, as they would create easier access to diversified crypto investments with lower risk exposure—an outcome that could inject fresh momentum into the markets. $BTC
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#Scam #PhishingAlert Fellow Binancians! I received my first binance phishing mail today. Always check the sending party! 🚨 And activate Phishing protection mechanism💪🏽 I relocated the mail to the other spaim mails of all the princes in the world😁 $LAYER
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