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56% single-day gain, but the funding rate quietly surged to 0.045%——what does that mean?
Many people saw $4 nearly rally 60% and rushed to chase, but the long/short position ratio shows 58% of traders are going long,
and crowding is already not low. More importantly, after consecutive bullish hourly candles, volume started to shrink from the 4th candle,
which suggests fewer people are chasing the move, and profit-taking is gradually coming out.
In a move like this, I usually wouldn’t chase longs directly. Instead, I’d wait for a pullback to the 0.023-0.024 range before considering it.
If funding keeps rising while price moves sideways, the probability of a short-term pullback will increase.
$4 #资金费率预警 #58% position crowding
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Many people saw $4 nearly rally 60% and rushed to chase, but the long/short position ratio shows 58% of traders are going long,
and crowding is already not low. More importantly, after consecutive bullish hourly candles, volume started to shrink from the 4th candle,
which suggests fewer people are chasing the move, and profit-taking is gradually coming out.
In a move like this, I usually wouldn’t chase longs directly. Instead, I’d wait for a pullback to the 0.023-0.024 range before considering it.
If funding keeps rising while price moves sideways, the probability of a short-term pullback will increase.
$4 #资金费率预警 #58% position crowding
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Behind the 60% increase, the funding rate has already risen to 0.058% — longs are starting to pay a premium.
The trend over the past 8 hours is very clear: price has been pushed from 0.0227 all the way to 0.0284, with trading volume piling up to 149 million U. Longs account for 58%, which is not yet extremely crowded, but the funding rate is a reminder: the cost of chasing higher prices is getting more expensive.
In this kind of market, the key is whether volume can keep following through. If volume shrinks, the pullback will come faster.
$4 #资金费率 #58% long
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The trend over the past 8 hours is very clear: price has been pushed from 0.0227 all the way to 0.0284, with trading volume piling up to 149 million U. Longs account for 58%, which is not yet extremely crowded, but the funding rate is a reminder: the cost of chasing higher prices is getting more expensive.
In this kind of market, the key is whether volume can keep following through. If volume shrinks, the pullback will come faster.
$4 #资金费率 #58% long
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Behind the 86% surge, shorts actually increased their positions.
USELESS Today it hit $0.28, with volume reaching 721 million U. It looks like the bulls are strong, but the position data shows: 58% are shorting, and only 42% are going long.
What does that mean? Most people think it has risen too much and will pull back. But the hourly chart has already seen three consecutive bullish candles, and buying pressure is still ongoing.
This kind of disagreement usually leads to one of two outcomes: either the shorts get squeezed and the price keeps flying; or the bulls run out of steam and quickly give back the gains. My inclination is to first watch whether $0.2879 can break through the prior high.
$USELESS #轧空预警 #58% Short
USELESS Today it hit $0.28, with volume reaching 721 million U. It looks like the bulls are strong, but the position data shows: 58% are shorting, and only 42% are going long.
What does that mean? Most people think it has risen too much and will pull back. But the hourly chart has already seen three consecutive bullish candles, and buying pressure is still ongoing.
This kind of disagreement usually leads to one of two outcomes: either the shorts get squeezed and the price keeps flying; or the bulls run out of steam and quickly give back the gains. My inclination is to first watch whether $0.2879 can break through the prior high.
$USELESS #轧空预警 #58% Short
Behind the 62% surge, the bulls are starting to breathe hard.
Today, BULLA surged to $0.034 with trading volume nearing 200 million, looking strong. But over the past 8 hours, the price has continued to weaken, dropping significantly from the high of $0.0445.
More importantly, the funding rate has risen to 0.062%, with 58% of traders going long. This crowded long positioning—if the price continues to pull back—may trigger a chain of liquidations.
After a big rally, don’t rush to chase. Wait until the direction is truly clear.
$BULLA #资金费率预警 #58% Long positions
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Today, BULLA surged to $0.034 with trading volume nearing 200 million, looking strong. But over the past 8 hours, the price has continued to weaken, dropping significantly from the high of $0.0445.
More importantly, the funding rate has risen to 0.062%, with 58% of traders going long. This crowded long positioning—if the price continues to pull back—may trigger a chain of liquidations.
After a big rally, don’t rush to chase. Wait until the direction is truly clear.
$BULLA #资金费率预警 #58% Long positions
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A 57% surge in price, yet 58% of people are still short.
The name “USELESS” is anything but “useless” today. In the past 24 hours, it’s climbed by nearly 60%. Trading volume has surged to $386 million, but what’s interesting is this: the long/short ratio shows that 58% of positions remain short.
The hourly chart has seen three consecutive green candles, and the price is stabilizing around 0.192. In this setup, shorts either cut losses and exit, or they get squeezed further.
Historically, this kind of structure—“prices rising but shorts are crowded”—often means the move isn’t over yet.
Of course, the coin is named USELESS, so big volatility is to be expected. The key is whether the previous high at 0.206 can be broken.
$USELESS #空头挤压 #58% shorting ratio
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The name “USELESS” is anything but “useless” today. In the past 24 hours, it’s climbed by nearly 60%. Trading volume has surged to $386 million, but what’s interesting is this: the long/short ratio shows that 58% of positions remain short.
The hourly chart has seen three consecutive green candles, and the price is stabilizing around 0.192. In this setup, shorts either cut losses and exit, or they get squeezed further.
Historically, this kind of structure—“prices rising but shorts are crowded”—often means the move isn’t over yet.
Of course, the coin is named USELESS, so big volatility is to be expected. The key is whether the previous high at 0.206 can be broken.
$USELESS #空头挤压 #58% shorting ratio
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A 58% surge, but the shorts are still stubbornly holding on—USELESS, this price action is kind of interesting.
Over the past 3 hourly K-lines, they’ve all closed green in a row, with trading volume hitting $364 million,
while the long/short ratio shows that 57% of people are still shorting.
The price has climbed from 0.118 to 0.189,
peaked around 0.206 before dipping slightly, but the buying pressure clearly hasn’t dispersed.
This kind of situation—"rising fast, but there are more short positions"—could mean either it’s the shorts’ final struggle before getting buried,
or that savvy capital is using the rally to distribute shares.
The funding rate is only 0.005,
suggesting longs haven’t gone berserk adding leverage yet, and the move may not be over.
I lean toward watching support around 0.19 a bit more.
If it holds, a push to 0.22 in the next wave isn’t out of the question.
$USELESS #山寨币异动 #58%涨幅
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Over the past 3 hourly K-lines, they’ve all closed green in a row, with trading volume hitting $364 million,
while the long/short ratio shows that 57% of people are still shorting.
The price has climbed from 0.118 to 0.189,
peaked around 0.206 before dipping slightly, but the buying pressure clearly hasn’t dispersed.
This kind of situation—"rising fast, but there are more short positions"—could mean either it’s the shorts’ final struggle before getting buried,
or that savvy capital is using the rally to distribute shares.
The funding rate is only 0.005,
suggesting longs haven’t gone berserk adding leverage yet, and the move may not be over.
I lean toward watching support around 0.19 a bit more.
If it holds, a push to 0.22 in the next wave isn’t out of the question.
$USELESS #山寨币异动 #58%涨幅
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Behind the 58% surge, the funding rate has already spiked to 0.095%—a crowded long signal with an annualized return above 30%.
Today, MARSCOIN’s trading volume has surged to $227 million, with consecutive bullish closes on the hourly chart—looking strong at first glance. But if you look closely at the long-vs-short ratio, it’s 51% to 49%, meaning there’s actually no one-sided dominance.
The issue is this: such a high funding rate means longs are effectively paying shorts every hour. Once the price goes sideways or pulls back slightly, leveraged long positions may be forced to liquidate, which can actually accelerate the decline.
I’ve seen similar scenarios on USELESS and BULLA as well—after the funding rate goes through the roof, it’s often followed by violent fluctuations.
At this level, chasing longs isn’t great value. Either wait for the funding rate to drop, or wait for a clear pullback-and-stabilization signal.
$MARSCOIN #资金费率预警 #58%
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Today, MARSCOIN’s trading volume has surged to $227 million, with consecutive bullish closes on the hourly chart—looking strong at first glance. But if you look closely at the long-vs-short ratio, it’s 51% to 49%, meaning there’s actually no one-sided dominance.
The issue is this: such a high funding rate means longs are effectively paying shorts every hour. Once the price goes sideways or pulls back slightly, leveraged long positions may be forced to liquidate, which can actually accelerate the decline.
I’ve seen similar scenarios on USELESS and BULLA as well—after the funding rate goes through the roof, it’s often followed by violent fluctuations.
At this level, chasing longs isn’t great value. Either wait for the funding rate to drop, or wait for a clear pullback-and-stabilization signal.
$MARSCOIN #资金费率预警 #58%
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Behind the 33% surge in price, are there actually more short sellers?
HEMI’s movement over these 8 hours is quite interesting. The price was pulled from 0.014 up to 0.02, with trading volume surging to $134 million, but in open positions, 58% are shorts.
This is a typical long-squeeze scenario—when price rises more, shorts become even less willing, and the result is they keep getting educated. The funding rate is only 0.005%, which suggests it’s not in an overheated stage yet.
The key is whether the high at 0.0208 can be broken. If it holds above that level, the squeeze may continue; if it falls below 0.019, be careful of a pullback.
$HEMI #逼空行情 #58% short positions
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HEMI’s movement over these 8 hours is quite interesting. The price was pulled from 0.014 up to 0.02, with trading volume surging to $134 million, but in open positions, 58% are shorts.
This is a typical long-squeeze scenario—when price rises more, shorts become even less willing, and the result is they keep getting educated. The funding rate is only 0.005%, which suggests it’s not in an overheated stage yet.
The key is whether the high at 0.0208 can be broken. If it holds above that level, the squeeze may continue; if it falls below 0.019, be careful of a pullback.
$HEMI #逼空行情 #58% short positions
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Rising from 0.0117 to 0.0209—58%, in less than 24 hours.
$4 Today it printed a very aggressive candlestick. From the low to the high, the increase was 58%, and the trading volume exceeded $220 million—at this scale, it’s quite large among small-cap coins.
Now the price has pulled back to around 0.0186, about 11% down from the peak, suggesting that a lot of people above are cutting positions into the strength.
What’s interesting is the funding rate: 0.113%, which is on the high side. This means longs are still continuously paying the shorts. Long sentiment remains dominant in the market—longs vs shorts is 59:41, and longs are indeed more.
But a high funding rate is also a risk: if the price stops rising, the ongoing payment pressure can gradually wear down the longs, making it easier for a mild pullback to shake out the market.
Three consecutive hourly green candles—the short-term trend is still relatively stable. However, the trading volume is steadily shrinking. The volume on the first candle was 130 million, and it has dropped to the smallest candle among the most recent total of 156 million. As volume fades, momentum weakens.
This type of move usually has two possible follow-ups: one is sideways consolidation to digest the move while waiting for new buyers to enter; the other is a rejection pullback to test the prior support zone.
What you can do now is observe whether the volume can recover.
$4 #58% surge #funding rate is too high
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$4 Today it printed a very aggressive candlestick. From the low to the high, the increase was 58%, and the trading volume exceeded $220 million—at this scale, it’s quite large among small-cap coins.
Now the price has pulled back to around 0.0186, about 11% down from the peak, suggesting that a lot of people above are cutting positions into the strength.
What’s interesting is the funding rate: 0.113%, which is on the high side. This means longs are still continuously paying the shorts. Long sentiment remains dominant in the market—longs vs shorts is 59:41, and longs are indeed more.
But a high funding rate is also a risk: if the price stops rising, the ongoing payment pressure can gradually wear down the longs, making it easier for a mild pullback to shake out the market.
Three consecutive hourly green candles—the short-term trend is still relatively stable. However, the trading volume is steadily shrinking. The volume on the first candle was 130 million, and it has dropped to the smallest candle among the most recent total of 156 million. As volume fades, momentum weakens.
This type of move usually has two possible follow-ups: one is sideways consolidation to digest the move while waiting for new buyers to enter; the other is a rejection pullback to test the prior support zone.
What you can do now is observe whether the volume can recover.
$4 #58% surge #funding rate is too high
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Ethena ($ENA ) Gains Momentum in the DeFi Space
Ethena ($ENA ) is trending as it captures attention in the DeFi sector. With a 24h volume of $355M and a 2.73% price increase, $ENA is showing strong liquidity and community interest. Traders should note the coin's growing ecosystem and recent developments that are driving its momentum. The coin’s stable market cap rank at #58 indicates a solid foundation. Keep an eye on $ENA for potential DeFi innovations. ⚡
Follow for more crypto setups.
#HahaProfit #Ethena
Ethena ($ENA ) is trending as it captures attention in the DeFi sector. With a 24h volume of $355M and a 2.73% price increase, $ENA is showing strong liquidity and community interest. Traders should note the coin's growing ecosystem and recent developments that are driving its momentum. The coin’s stable market cap rank at #58 indicates a solid foundation. Keep an eye on $ENA for potential DeFi innovations. ⚡
Follow for more crypto setups.
#HahaProfit #Ethena
ENA SURGES THROUGH KEY ORDER BLOCK 🚀📈
A near‑instant breakout from the $0.09832 support zone catapulted $ENA 39% higher in 24 hours, shattering the $0.12134 mid‑range and testing the $0.14486 high. The surge ripped through a tight 4‑hour order block at $0.12400, flipping a former supply pocket into fresh buying pressure 😎
Volume exploded to $718.6 M, a clear sign that institutional‑grade liquidity is flooding the market while retail interest spikes after the CoinGecko rank jump to #58. Momentum indicators turned sharply bullish, and the price now hovers just below the $0.14414 resistance, suggesting the next leg could stretch toward the high‑water mark 🚀
On‑chain data show a net inflow surge, confirming macro‑level accumulation is recharging $ENA ’s order flow. With the breach of the $0.12400 block, the structure now points to a higher‑high test, but a pullback to the $0.12134 zone could act as a springboard for another push 📈
Levels to monitor:
Watching support around $0.09832
Structure suggests resistance near $0.14414
Mid range area: $0.12134
DYOR
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#ENA #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare
A near‑instant breakout from the $0.09832 support zone catapulted $ENA 39% higher in 24 hours, shattering the $0.12134 mid‑range and testing the $0.14486 high. The surge ripped through a tight 4‑hour order block at $0.12400, flipping a former supply pocket into fresh buying pressure 😎
Volume exploded to $718.6 M, a clear sign that institutional‑grade liquidity is flooding the market while retail interest spikes after the CoinGecko rank jump to #58. Momentum indicators turned sharply bullish, and the price now hovers just below the $0.14414 resistance, suggesting the next leg could stretch toward the high‑water mark 🚀
On‑chain data show a net inflow surge, confirming macro‑level accumulation is recharging $ENA ’s order flow. With the breach of the $0.12400 block, the structure now points to a higher‑high test, but a pullback to the $0.12134 zone could act as a springboard for another push 📈
Levels to monitor:
Watching support around $0.09832
Structure suggests resistance near $0.14414
Mid range area: $0.12134
DYOR
Follow for Updates
#ENA #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare
🦈 $BTC MINER JUST STACKED MORE — 699.68 BTC IN THE TREASURY AND COUNTING 💰
📊 Hyperscale Data, a publicly listed miner, just added another 7.68 BTC to its corporate stack, pushing total holdings to 699.68 BTC and securing the #58 spot on the Bitcoin 100 leaderboard. 📥 This isn't retail noise — it's an on-record, board-approved decision to keep stacking through every dip.
💡 When public companies steadily accumulate rather than dump to cover costs, the message is unmistakable: the cost basis they're building today outweighs any short-term price optics. 🔍 Every addition tightens the floating supply that institutions keep quietly absorbing. 🌊
💬 Is your strategy as patient as a miner's treasury team? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #BTC #Bitcoin #Accumulation #InstitutionalFlow #Crypto
💎 🦈
📊 Hyperscale Data, a publicly listed miner, just added another 7.68 BTC to its corporate stack, pushing total holdings to 699.68 BTC and securing the #58 spot on the Bitcoin 100 leaderboard. 📥 This isn't retail noise — it's an on-record, board-approved decision to keep stacking through every dip.
💡 When public companies steadily accumulate rather than dump to cover costs, the message is unmistakable: the cost basis they're building today outweighs any short-term price optics. 🔍 Every addition tightens the floating supply that institutions keep quietly absorbing. 🌊
💬 Is your strategy as patient as a miner's treasury team? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #BTC #Bitcoin #Accumulation #InstitutionalFlow #Crypto
💎 🦈
↓1.11% in 24 hours - that’s the hook.
$SOL is trading near $76.32, with a 24-hour low of $75.58 and a high of $77.84, but the price is still down slightly.
What’s strange is how the 7-day gain of 3.7% contrasts with the 1.8% drop over 30 days.
It’s not a full reversal - just a shift in pace.
The market isn’t rallying, but it’s not fleeing either. Someone’s holding, or buying in the dip.
The fear index is still in the panic zone at 30, down just one point from yesterday.
But over the past seven days, it’s climbed 20 points - a sign of rising anxiety, not calm.
Yet SOL is moving against that backdrop. That’s the real divergence: a coin trending upward in a market that’s still bleeding.
—
Not financial advice. DYOR.
📌 Fear & Greed · #58 · #FearAndGreed #CryptoSighted $SOL
$SOL is trading near $76.32, with a 24-hour low of $75.58 and a high of $77.84, but the price is still down slightly.
What’s strange is how the 7-day gain of 3.7% contrasts with the 1.8% drop over 30 days.
It’s not a full reversal - just a shift in pace.
The market isn’t rallying, but it’s not fleeing either. Someone’s holding, or buying in the dip.
The fear index is still in the panic zone at 30, down just one point from yesterday.
But over the past seven days, it’s climbed 20 points - a sign of rising anxiety, not calm.
Yet SOL is moving against that backdrop. That’s the real divergence: a coin trending upward in a market that’s still bleeding.
—
Not financial advice. DYOR.
📌 Fear & Greed · #58 · #FearAndGreed #CryptoSighted $SOL
AAVE SEES MASSIVE 16.63% GAIN IN 24 HOURS 🚀💸
The $AAVE price is experiencing a strong upward momentum, driven by a significant increase in buying volume, with $42.56M in 24-hour volume, indicating a strong bullish sentiment in the market 📈. This upward momentum is driven by a significant increase in protocol TVL and liquidity provider optimization, leading to a surge in smart contract pools and cross-chain yield 🚀.
The $AAVE coin has managed to break through the mid range zone at $78.3100, suggesting a potential structural breakout in the $AAVE market structure 💰. As $AAVE continues to trend on CoinGecko, with a rank of #58, it is likely that the coin will continue to see increased buying pressure, potentially driving the price towards the resistance zone at $84.7839 📊.
DYOR
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#AAVE #DEFI #CryptoTrending #BinanceSquare
The $AAVE price is experiencing a strong upward momentum, driven by a significant increase in buying volume, with $42.56M in 24-hour volume, indicating a strong bullish sentiment in the market 📈. This upward momentum is driven by a significant increase in protocol TVL and liquidity provider optimization, leading to a surge in smart contract pools and cross-chain yield 🚀.
The $AAVE coin has managed to break through the mid range zone at $78.3100, suggesting a potential structural breakout in the $AAVE market structure 💰. As $AAVE continues to trend on CoinGecko, with a rank of #58, it is likely that the coin will continue to see increased buying pressure, potentially driving the price towards the resistance zone at $84.7839 📊.
DYOR
Follow for Updates
#AAVE #DEFI #CryptoTrending #BinanceSquare
$MMT $AVAAI
Radar Cá Voi #58
$MMT has entered the monitoring area.
A +17.74% increase makes the feed harder to swipe past.
The whales aren’t loud, but this part is anything but boring.
This section is watchable, but touching it with your hands feels a bit dangerous.
After reading, you’ll lean toward:
I. Seeing an opportunity
II. Seeing risks
III. Feeling sleepy
If you like short market drama, follow along.
Radar Cá Voi #58
$MMT has entered the monitoring area.
A +17.74% increase makes the feed harder to swipe past.
The whales aren’t loud, but this part is anything but boring.
This section is watchable, but touching it with your hands feels a bit dangerous.
After reading, you’ll lean toward:
I. Seeing an opportunity
II. Seeing risks
III. Feeling sleepy
If you like short market drama, follow along.
Down 53% from ATH—$MORPHO is now at $1.94. This number itself is the strongest psychological anchor: holders watch the “cut-in-half” level and feel that selling again would mean cutting at the lows; onlookers focus on the fact that it was “cut in half from the high,” with all attention on the rebound space. But the real signal in the market is volatility, not a rally. Over the past 30 days, it bounced a little from $1.91 to $2.24, then slipped back to where it started. Trading volume also fell steadily from the massive volume candle on July 26 ($71M) down to now at under $10M. A daily trading volume of $9.56M ranks a certain way on market-cap ordering for #58 , and liquidity is clearly waiting for something.
Right now, capital isn’t ignoring $MORPHO —it’s waiting for a catalyst that can break the range. Either it comes from an alpha on ecosystem data, or from broader market liquidity migrating in. If you’re standing at the $1.9 level, the most direct dilemma is: whether to take on a position at this spot that’s neither a clear bottom nor a confirmed breakout. Waiting for confirmation might mean the price has already bounced above $2.2. Taking it early means bearing the risk of choppy trading, but it could also grind between $1.85 and $1.9 until you get impatient.
The risk that’s easiest to overlook is that the $1.94 “cut-in-half” anchor itself can make people think, “Cheap is safe.” But with trading volume continuing to decline, it’s not impossible for this level to drop another layer downward. Your question now is whether to wait for a volume-expansion signal to act, or whether you’re willing to use time to lower your cost?
Right now, capital isn’t ignoring $MORPHO —it’s waiting for a catalyst that can break the range. Either it comes from an alpha on ecosystem data, or from broader market liquidity migrating in. If you’re standing at the $1.9 level, the most direct dilemma is: whether to take on a position at this spot that’s neither a clear bottom nor a confirmed breakout. Waiting for confirmation might mean the price has already bounced above $2.2. Taking it early means bearing the risk of choppy trading, but it could also grind between $1.85 and $1.9 until you get impatient.
The risk that’s easiest to overlook is that the $1.94 “cut-in-half” anchor itself can make people think, “Cheap is safe.” But with trading volume continuing to decline, it’s not impossible for this level to drop another layer downward. Your question now is whether to wait for a volume-expansion signal to act, or whether you’re willing to use time to lower your cost?
What if $BNB 's new move - accepting 10 new tokenized securities as collateral assets - is more than just a step forward? Could it be the spark that finally connects DeFi with traditional finance on a meaningful scale?
Layer 2 scaling becomes even more critical in this context. If DeFi is to handle tokenized securities at scale, it needs infrastructure that can support high volume and fast transaction speeds. Traditional Layer 1 blockchains like Ethereum face limitations in this regard, making Layer 2 solutions a natural fit.
What’s your take? Is this the beginning of a major shift, or just a small step forward?
—
For educational purposes only. Not financial advice.
📌 Crypto 101 · #58 · #CryptoEducation #CryptoSighted
Layer 2 scaling becomes even more critical in this context. If DeFi is to handle tokenized securities at scale, it needs infrastructure that can support high volume and fast transaction speeds. Traditional Layer 1 blockchains like Ethereum face limitations in this regard, making Layer 2 solutions a natural fit.
What’s your take? Is this the beginning of a major shift, or just a small step forward?
—
For educational purposes only. Not financial advice.
📌 Crypto 101 · #58 · #CryptoEducation #CryptoSighted
#58 WHAT IS BINANCE COIN (BNB)?
Binance Coin is the cryptocurrency issued by the Binance exchange and trades with the BNB symbol.
Understanding Binance Coin (BNB)
The Binance blockchain is built using Ethereum and uses BNB as its native token. It was launched during an initial coin offering (ICO) in July 2017 and has a strict maximum of 200 million BNB tokens.
The ICO offered 10%, or 20 million, BNB tokens to angel investors, 40%, or 80 million, tokens to the founding team, and the remaining 50%, or 100 million, to the various participants.
In May 2024, Binance Exchange was the second largest (as verified by Coinmarketcap) cryptocurrency exchange in the world, with a daily trading volume of $11.8 billion.
Binance Coin (BNB) had a 24-hour trading volume of $1.45 billion.
- Binance Coin is the cryptocurrency issued by the Binance exchange and trades with the BNB symbol.
- Every quarter, Binance uses one-fifth of its profits to repurchase and permanently destroy (or "burn") BNB held in its treasury.
- Binance was created as a utility token for discounted trading fees in 2017, but its uses have expanded to numerous applications, including payments for transaction fees (on the Binance Chain), travel bookings, entertainment, online services, and financial services.
- At the time of writing, Binance Coin (BNB) had a market cap of more than $87 billion, ranking behind only Bitcoin, Ethereum, and USD Tether.
(credit to Investopedia)
#AltcoinSeasonComing
#AltcoinTrade
#CryptoComeback
#StripeStablecoinAccounts
$BNB
$BTC
$XRP
Binance Coin is the cryptocurrency issued by the Binance exchange and trades with the BNB symbol.
Understanding Binance Coin (BNB)
The Binance blockchain is built using Ethereum and uses BNB as its native token. It was launched during an initial coin offering (ICO) in July 2017 and has a strict maximum of 200 million BNB tokens.
The ICO offered 10%, or 20 million, BNB tokens to angel investors, 40%, or 80 million, tokens to the founding team, and the remaining 50%, or 100 million, to the various participants.
In May 2024, Binance Exchange was the second largest (as verified by Coinmarketcap) cryptocurrency exchange in the world, with a daily trading volume of $11.8 billion.
Binance Coin (BNB) had a 24-hour trading volume of $1.45 billion.
- Binance Coin is the cryptocurrency issued by the Binance exchange and trades with the BNB symbol.
- Every quarter, Binance uses one-fifth of its profits to repurchase and permanently destroy (or "burn") BNB held in its treasury.
- Binance was created as a utility token for discounted trading fees in 2017, but its uses have expanded to numerous applications, including payments for transaction fees (on the Binance Chain), travel bookings, entertainment, online services, and financial services.
- At the time of writing, Binance Coin (BNB) had a market cap of more than $87 billion, ranking behind only Bitcoin, Ethereum, and USD Tether.
(credit to Investopedia)
#AltcoinSeasonComing
#AltcoinTrade
#CryptoComeback
#StripeStablecoinAccounts
$BNB
$BTC
$XRP
"State of crypto" - CoinDesk
That quote alone says more than most reports. The industry is moving fast, but regulation is lagging.
Take the GENIUS Act. US agencies missed their deadline for final stablecoin rules, and Tether’s USDT is now in a 2-year countdown to lose its spot on U.S. platforms.
That’s not just a regulatory gap - it’s a ticking clock on stability.
—
Not financial advice. DYOR.
📌 News Take · #58 · #CryptoNews #CryptoSighted
That quote alone says more than most reports. The industry is moving fast, but regulation is lagging.
Take the GENIUS Act. US agencies missed their deadline for final stablecoin rules, and Tether’s USDT is now in a 2-year countdown to lose its spot on U.S. platforms.
That’s not just a regulatory gap - it’s a ticking clock on stability.
—
Not financial advice. DYOR.
📌 News Take · #58 · #CryptoNews #CryptoSighted
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