USDT dominance (USDT.D) is a metric that measures the percentage of the total cryptocurrency market cap that is held in Tether (USDT). It's a key indicator of market sentiment and potential price movements.Ā Here's what USDT dominance can indicate: Investors moving fundsA decline in USDT dominance may indicate that investors are moving funds out of stablecoins and into other cryptocurrencies. This could indicate a bullish sentiment for other cryptocurrencies.Ā Investors moving into USDTIf USDT.D breaks above the horizontal supply zone and the 200MA resistance, it could signal a more cautious market sentiment. Investors might be moving into USDT as a safe haven.Ā Potential for further price increasesA significant buying pressure could indicate that there is potential for further price increases.Ā USDT is a stablecoin, which is a blockchain-based currency that is pegged to the value of a fiat currency. USDT's issuer claims that USDT is backed by bank reserves and loans.
USDT dominance (USDT.D) is a metric that measures the percentage of the total cryptocurrency market cap that is held in Tether (USDT). It's a key indicator of market sentiment and potential price movements.Ā Here's what USDT dominance can indicate: Investors moving fundsA decline in USDT dominance may indicate that investors are moving funds out of stablecoins and into other cryptocurrencies. This could indicate a bullish sentiment for other cryptocurrencies.Ā Investors moving into USDTIf USDT.D
USDT dominance (USDT.D) is a metric that measures the percentage of the total cryptocurrency market cap that is held in Tether (USDT).Ā It's a key indicator of market sentiment and potential price movements.Ā
Here's what USDT dominance can indicate:
Investors moving funds
A decline in USDT dominance may indicate that investors are moving funds out of stablecoins and into other cryptocurrencies.Ā This could indicate a bullish sentiment for other cryptocurrencies.Ā
Investors moving into USDT If USDT.D breaks above the horizontal supply zone and the 200MA resistance, it could signal a more cautious market sentiment. Investors might be moving into USDT as a safe haven. Potential for further price increases A significant buying pressure could indicate that there is potential for further price increases. USDT is a stablecoin, which is a blockchain-based currency that is pegged to the value of a fiat currency. USDT's issuer claims that USDT is backed by bank reserves and loans.
Attention, Dogecoin traders! The next 24 hours could be crucial for $DOGE, and if youāre holding or looking to trade, youāll want to pay close attention to the latest technical indicators. Here's the breakdown of what's happening on the DOGE/USDT chart, and how you can strategically navigate the next 24-hour window. Key Technical Indicators: The State of $DOGE Right Now 1. Moving Averages (MA): The Trend Is Your Friend (For Now) MA(7) is currently above both MA(25) and MA(99), signaling an overa
10.10 Flash Sale SEA Edition: Complete a Purchase on Binance P2P & Get Up to 30% Cashback!
This is a general announcement. Products and services referred to here may not be available in your region. Reminder: Click the [Register Now] button on the activity page to be eligible for the rewards Fellow Binancians, Binance P2P is extending a new 10.10 Crypto Flash Sale for all takers in selected Southeast Asian markets, where eligible users can earn up to 30% cashback on their first qualified purchase at Binance P2P during the Promotion Period. Promotion Period: 2023-10-10 00:00 (UTC) to 2023-10-10 23:59 (UTC) The first 600 eligible users who click the āRegister Nowā button on the activity page and complete one purchase of at least $50 equivalent for any cryptocurrency onBinance P2P during the Promotion Period, will qualify to receive up to 30% cashback on the qualified purchase, as per the table below. Reward Structure: Rankings Based on the Timing When the Eligible Purchase Is CompletedCashback Rate on Qualified Purchases Maximum Cashback Reward per User (in Token Voucher)1st - 50th Places30%15 USDT51st - 200th Places20%10 USDT201st - 600th Places10%5 USDT Join the 10.10 Crypto Flash Sale Now! Guides & Related Materials: Introduction to P2P TradingHow to Buy Cryptocurrency on Binance P2P (App/Web)How to Sell Cryptocurrency on Binance P2P (App/Web) Terms & Conditions: The Promotion is only applicable to takers from selectedSoutheast Asian markets who have received an email, inmail or app push notification to participate in this promotion.Taker: When you place an order on Binance P2P that trades immediately before going on the order book, you are a taker. These trades are ātakingā volume off the order book, and are therefore taker trades.Only takers who complete account verification and click [Register Now] on the activity page during the Promotion Period will be eligible to join this Promotion.The Binance Terms and Conditions for Prize Promotions apply to this Promotion.Rewards Distribution:Binance will use the closing price of the local currency to USD foreign exchange rate on 2023-10-10 at 23:59:59 (UTC) for the calculation of cashback rewards.Eligible users will receive cashback rewards in the form of a USDT token voucher.USDT token voucher rewards will be distributed within four weeks after the end of the Promotion Period. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub.The validity period for the token voucher is set at 14 days from the day of distribution. Learn how to redeem a voucher.Binance reserves the right to disqualify any participants who, in its reasonable opinion, are acting fraudulently or not in accordance with any applicable terms and conditions.Binance reserves the right to disqualify trades that are deemed to be wash trades or illegally bulk account registrations, as well as trades that display attributes of self-dealing or market manipulation.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this Promotion, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all Participants shall be bound by these amendments.Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail. Thanks for your support! Binance Team 2023-10-05
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