04kTraders
3 Following
2 Followers
2 Liked
0 Shared
Our Every is Flying $OG
Binance Market Update: Crypto Market Trends | May 12, 2025
According to CoinMarketCap data, the global cryptocurrency market cap now stands at $3.35T, up by 0.12% over the last day.
Bitcoin (BTC) traded between $103,570 and $105,819 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $104,518, up by 0.20%.
Most major cryptocurrencies by market cap are trading higher. Market outperformers include WIF, ACT, and CATI, up by 47%, 39%, and 37%, respectively.
Top stories of the day:
Digital Asset Fund Flows: Bitcoin Leads $882M Weekly Inflows as US ETFs Hit $62.9B Record
PlanB Predicts Bitcoin RSI Surge, Suggests 40% Monthly Gains Could Push BTC to $400K
Markets Now Expect Fed to Cut Rates by 56 Basis Points by December
Ethereum Surpasses Alibaba in Global Asset Rankings With $304B Market Cap
Binance CEO Richard Teng: Institutional Adoption Will Solidify Bitcoin’s Role as Digital Gold
Bitcoin Eyes $110K Record as U.S.–China Trade Deal and CPI Outlook Fuel Bullish Momentum
Current Funding Rates Indicate Neutral Market Sentiment
Uniswap Protocol Surpasses $3 Trillion in Total Trading Volume
Upcoming Economic Events and Data Releases Next Week
Market movers:
ETH: $2569.9 (+2.18%)
XRP: $2.4297 (+2.48%)
BNB: $669.36 (+1.67%)
SOL: $176.78 (+1.38%)
DOGE: $0.25051 (+7.06%)
ADA: $0.8318 (+4.03%)
TRX: $0.269 (+2.59%)
TRUMP: $14.26 (+3.56%)
WBTC: $104465.1 (+0.25%)
SUI: $4.2032 (+5.52%)
According to CoinMarketCap data, the global cryptocurrency market cap now stands at $3.35T, up by 0.12% over the last day.
Bitcoin (BTC) traded between $103,570 and $105,819 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $104,518, up by 0.20%.
Most major cryptocurrencies by market cap are trading higher. Market outperformers include WIF, ACT, and CATI, up by 47%, 39%, and 37%, respectively.
Top stories of the day:
Digital Asset Fund Flows: Bitcoin Leads $882M Weekly Inflows as US ETFs Hit $62.9B Record
PlanB Predicts Bitcoin RSI Surge, Suggests 40% Monthly Gains Could Push BTC to $400K
Markets Now Expect Fed to Cut Rates by 56 Basis Points by December
Ethereum Surpasses Alibaba in Global Asset Rankings With $304B Market Cap
Binance CEO Richard Teng: Institutional Adoption Will Solidify Bitcoin’s Role as Digital Gold
Bitcoin Eyes $110K Record as U.S.–China Trade Deal and CPI Outlook Fuel Bullish Momentum
Current Funding Rates Indicate Neutral Market Sentiment
Uniswap Protocol Surpasses $3 Trillion in Total Trading Volume
Upcoming Economic Events and Data Releases Next Week
Market movers:
ETH: $2569.9 (+2.18%)
XRP: $2.4297 (+2.48%)
BNB: $669.36 (+1.67%)
SOL: $176.78 (+1.38%)
DOGE: $0.25051 (+7.06%)
ADA: $0.8318 (+4.03%)
TRX: $0.269 (+2.59%)
TRUMP: $14.26 (+3.56%)
WBTC: $104465.1 (+0.25%)
SUI: $4.2032 (+5.52%)
Binance Launchpool Unveils Space and Time (SXT): Stake BNB, FDUSD, and USDC to Earn Rewards
Binance is thrilled to introduce Space and Time (SXT), the 69th project on Binance Launchpool. SXT is a cutting-edge blockchain platform, backed by Microsoft, that leverages zero-knowledge (ZK) proofs to deliver secure and verifiable data solutions.
This exciting opportunity allows users to participate in a 2-day farming event to earn SXT tokens by locking BNB, FDUSD, and USDC.
Key Dates and Trading Details
Farming Period: Starts May 6, 2025, 00:00 (UTC) and ends May 7, 2025, 23:59 (UTC).
Listing Date: SXT will be listed on Binance at May 8, 2025, 13:00 (UTC).
Trading Pairs: SXT/USDT, SXT/USDC, SXT/BNB, SXT/FDUSD, SXT/TRY.
Launchpool Overview
Stake your BNB, FDUSD, or USDC to farm 125,000,000 SXT tokens, representing 2.5% of the total token supply. The farming event is designed to reward participants across three pools with the following allocations:
BNB Pool: 106,250,000 SXT (85% of rewards)
FDUSD Pool: 6,250,000 SXT (5% of rewards)
USDC Pool: 12,500,000 SXT (10% of rewards)
Binance is thrilled to introduce Space and Time (SXT), the 69th project on Binance Launchpool. SXT is a cutting-edge blockchain platform, backed by Microsoft, that leverages zero-knowledge (ZK) proofs to deliver secure and verifiable data solutions.
This exciting opportunity allows users to participate in a 2-day farming event to earn SXT tokens by locking BNB, FDUSD, and USDC.
Key Dates and Trading Details
Farming Period: Starts May 6, 2025, 00:00 (UTC) and ends May 7, 2025, 23:59 (UTC).
Listing Date: SXT will be listed on Binance at May 8, 2025, 13:00 (UTC).
Trading Pairs: SXT/USDT, SXT/USDC, SXT/BNB, SXT/FDUSD, SXT/TRY.
Launchpool Overview
Stake your BNB, FDUSD, or USDC to farm 125,000,000 SXT tokens, representing 2.5% of the total token supply. The farming event is designed to reward participants across three pools with the following allocations:
BNB Pool: 106,250,000 SXT (85% of rewards)
FDUSD Pool: 6,250,000 SXT (5% of rewards)
USDC Pool: 12,500,000 SXT (10% of rewards)
According to BlockBeats, recent data from Coinglass indicates that Bitcoin's volatility has decreased for two consecutive days, currently standing at 2.02%. This level of volatility has returned to what was observed at the end of February this year.
High volatility in Bitcoin is often associated with speculative trading and retail investors' fear of missing out (FOMO). A decline in volatility may suggest a reduction in short-term speculative activity, leading the market into a consolidation or 'calm' phase. Additionally, Bitcoin's price fluctuations are frequently linked to macroeconomic events such as inflation expectations, interest rate changes, or geopolitical risks. When these external factors stabilize, Bitcoin's volatility tends to decrease accordingly
High volatility in Bitcoin is often associated with speculative trading and retail investors' fear of missing out (FOMO). A decline in volatility may suggest a reduction in short-term speculative activity, leading the market into a consolidation or 'calm' phase. Additionally, Bitcoin's price fluctuations are frequently linked to macroeconomic events such as inflation expectations, interest rate changes, or geopolitical risks. When these external factors stabilize, Bitcoin's volatility tends to decrease accordingly
According to BlockBeats, data from Coinglass indicates that if Bitcoin surpasses $105,000, the cumulative short liquidation intensity on major centralized exchanges (CEX) will reach $1.152 billion. Conversely, if Bitcoin falls below $102,000, the cumulative long liquidation intensity on these exchanges will amount to $1.106 billion.
BlockBeats notes that the liquidation chart does not display the exact number of contracts pending liquidation or their precise value. Instead, the chart's bars represent the relative importance of each liquidation cluster compared to nearby clusters, indicating intensity.
Therefore, the chart illustrates the potential impact on the market when the asset price reaches certain levels. A higher "liquidation bar" suggests a more intense reaction due to liquidity waves when the price hits those points.
BlockBeats notes that the liquidation chart does not display the exact number of contracts pending liquidation or their precise value. Instead, the chart's bars represent the relative importance of each liquidation cluster compared to nearby clusters, indicating intensity.
Therefore, the chart illustrates the potential impact on the market when the asset price reaches certain levels. A higher "liquidation bar" suggests a more intense reaction due to liquidity waves when the price hits those points.
Login to explore more contents