🚀 Bitcoin has rocketed past 109k, smashing ATHs! Where's it going next? Drop your prediction for this week's $BTC closing price in the comments of this post 👇 🎁The top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now! *Campaign Period: 2025-01-20 07:30 to 2025-01-26 20:00 (UTC) ‼️Ensure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry. Terms and Conditions: This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod. Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-26 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at 2025-01-26 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of same predictions by multiple users, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 14 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant. Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelinesor Terms and Conditions.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 activity, 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.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.
Edo Farina: Why owning 1,000 XRP could help you achieve financial freedom
$XRP XRP is still a widely discussed cryptocurrency, especially after its impressive growth in November. Finally, the time seems to have come for this digital currency to prove itself after years of disappointment due to the lawsuit against the U.S. Securities and Exchange Commission (SEC). Edo Farina, CEO of Alpha Lions Academy, predicts that many more sights await XRP investors. He even claims that every cryptocurrency investor should own at least 1,000 XRP.
How do XRP whales buying the dip affect the price?
The article provides a fairly detailed analysis of the current situation of Ripple ($XRP ) focusing on on-chain factors, whale behavior, and technical indicators. Here is a summary and key assessment: 1. Whales are accumulating strongly • Large wallets (1 million - 100 million XRP) are accumulating more, indicating a “buy the dip” strategy during a price decline. • This is a positive signal as large investors often have a long-term outlook, betting on XRP's recovery potential.
#BTCOutlook : $BTC (Bitcoin) Before the New Volatility Threshold
Bitcoin is undergoing a highly volatile phase, with strong selling pressure pushing the price down to significant lows. After reaching a record peak, BTC has entered a deep correction phase, leading investors to question: Is this a buying opportunity or a warning signal?
Factors to watch: • Important support level: 48,000 USD is seen as a critical point if the price continues to fall. • Liquidity and market sentiment: Large liquidations are adding further pressure on BTC's price. • Technical signals: RSI and trend indicators will help determine the likelihood of recovery or further decline.
Investment strategy: • Long-term: Bitcoin still plays a role as a store of value, suitable for patient investors. • Short-term: Closely monitor resistance and support levels to take advantage of trading opportunities.
Be cautious but don't miss the potential of Bitcoin in this market cycle!
#MarketPullback : The Volatile Market – Opportunity or Challenge?
The financial market has just gone through a sharp decline, causing many investors to worry. Whether it is stocks, cryptocurrencies, or commodities, this adjustment has raised the question: is this a buying opportunity or a sign of greater volatility to come?
Reasons for the pullback 1. Profit-taking after strong growth: The market often goes through a correction phase when prices rise too quickly. 2. Risk-averse sentiment: Global economic uncertainties, rising interest rates, or political volatility can all be causes. 3. Natural market trend: No asset can rise forever. Pullbacks are an essential part of the market cycle.
Investment opportunities
Many investors see #MarketPullback as a great opportunity to buy quality assets at lower prices. However, carefully analyzing the fundamentals and long-term trends of the market remains very important.
Potential risks
Pullbacks can be an early sign of a more severe decline. Therefore, risk management strategies are essential.
Advice for investors • Stay calm and do not panic: The market always has short-term fluctuations. • Evaluate your portfolio: Adjust according to your long-term strategy. • Wait for clearer signals: Do not rush to “catch the bottom” if you are not sure.
A market decline is an important psychological test for investors. Consider this an opportunity to learn, reassess, and make more informed decisions. So everyone should be cautious.
Cryptocurrency Market Plunges, $BTC Bitcoin Loses Record High
Bitcoin has just experienced a sharp 7% drop, down to $97,020, just two days after peaking above $108,000. The $48,000 support level is seen as a key point if BTC continues to correct deeply.
The decline has triggered a wave of sell-offs across the market, shaking investor confidence. Similar situations occurred in 2013, 2017 and 2021, when Bitcoin prices reversed sharply after a period of optimistic growth.
$ETH (Ethereum), $XRP and Dogecoin Under Pressure Ethereum fell 12% to $3,422, XRP fell 11% to $2.22, while Dogecoin plunged nearly 20% to $0.31. Solana also fell 12% to $191, reflecting widespread investor uncertainty and profit-taking.
Liquidation Pressure Mounts Data from CoinGlass shows that $1.17 billion was liquidated in the past 24 hours, with $241 million of that being Bitcoin alone. The overall crypto market is down 9%, according to CoinGecko.
Bitcoin is currently trading around $96,790, down 4.40% over the past few days. The coming days will be a key test to determine the next direction of this volatile market.
The information is for reference only, have a nice weekend everyone!
Bitcoin (BTC) is attracting attention as the cryptocurrency market continues to experience significant volatility. After weeks of accumulation, BTC's price is facing a crucial resistance area near $30,000. Analysts predict a major breakout is imminent, supported by increased trading volume and positive technical indicators like RSI. Will BTC break through and move towards $35,000, or will it correct to accumulate more momentum? Everyone is watching Bitcoin's next move. What do you think #BTCnextmove will be?$BTC
Crypto Analyst: XRP Investors are Becoming 'Incredibly Rich'
XRP is attracting strong attention after the price surged nearly 500% in the past few weeks. Despite a significant correction after reaching a peak of $2.90 on December 3, analyst Steph (also known by the nickname Steph is Crypto on X) believes this is just the beginning. He predicts that the price of XRP could reach $5, which is double its current value. Bollinger Bands signal significant volatility
Solana $SOL is currently trading at around $195.25, down 9.61% from the previous day.
In the past 24 hours, the price of $SOL SOL fluctuated from a low of $187.91 to a high of $211.94. The market capitalization of Solana is currently around $93.51 billion USD, with a trading volume in the past 24 hours of $1.5 billion USD.  Recently, Bitwise Asset Management launched the Solana Staking ETP product in the European market, indicating increasing interest in Solana within the investment community.  However, Solana has also experienced some technical incidents, including a blockchain network interruption on June 1.  Overall, Solana continues to be one of the fastest-growing blockchains, attracting attention from both investors and projects in the cryptocurrency field.#Write2Win #SOL🔥🔥🔥🔥
The best meme coin for 2025? Here are the top 5 for next year
The cryptocurrency market continues to witness a boom as Bitcoin reaches an all-time high, surpassing 108,000 USD. Along with this, a series of famous altcoins like Ethereum ($ETH), XRP, and Solana ($SOL) record double-digit growth in just a few days. However, in the cryptocurrency frenzy, no currency can compare to meme coins – a unique phenomenon of this year.
The cryptocurrency market is currently experiencing significant volatility. Below is the situation of some leading cryptocurrencies:
Bitcoin has surpassed the $100,000 mark on December 17, 2024, reaching a record high of over $107,000 thanks to expectations for strategic reserves.
Ethereum is currently priced at approximately $3,456.81, down 10.25% from the previous day.
BNB is trading at $661.50, down 7.48% in the past 24 hours.
XRP (XRP) is priced at $2.24, down 10.04% from the previous session.
Cardano (ADA) is currently at $0.8767, down 15.94% in the day.
The global cryptocurrency market has nearly doubled this year, reaching a record of $3.8 trillion.
The number of cryptocurrency millionaires worldwide has increased by 95% compared to 2023, with 172,300 individuals holding $1 million or more in cryptocurrency.
However, the market still faces significant volatility and high risk. Investors should closely monitor developments and carefully consider before making investment decisions.
FED asserts that they cannot own Bitcoin due to legal regulations
FED: Bitcoin $BTC cannot become an official reserve asset Fed Chairman Jerome Powell asserted that the Federal Reserve cannot own Bitcoin due to strict legal regulations, despite the volatility of the cryptocurrency market. Bitcoin is not on the Fed's balance sheet In a recent press conference, Mr. Powell stated that the law only allows the Fed to hold safe assets such as US government bonds. He emphasized:
Global financial markets tremble after cautious signals from the Fed
After a 2-day meeting, the Fed cut interest rates for the third consecutive time, lowering it by 25 basis points to 4.25-4.5% per year, equivalent to the level in December 2022. However, the Fed sent cautious signals by adjusting its forecast for rate cuts and raising the long-term neutral interest rate to 3%.
Impact on financial markets: 1. U.S. stocks plummet: • The Dow Jones index fell by 1,123 points, marking the first series of 10 consecutive declines since 1974. • The S&P 500 decreased nearly 3%, and the Nasdaq Composite dropped 3.6%. 2. Gold prices sharply decline: • From $2,650/ounce down to $2,580/ounce before recovering to $2,610/ounce. 3. Bitcoin loses value: • From $106,000/BTC down to $100,000/BTC. 4. The USD strengthens significantly: • The DXY index increased from 107 points to over 108 points.
Causes of fluctuations: • Expectations for rapid rate cuts quickly faded as the Fed projected only 2 rate cuts in 2025 and maintained caution in the coming period. • The Fed focuses on controlling inflation, which remains above the 2% target.
Political context: • Financial markets are also affected by uncertainty regarding the policies of elected President Donald Trump, with the Fed stating it will closely monitor developments.
Conclusion: The decisions and forecasts from the Fed, along with the political situation in the U.S., have caused significant fluctuations in global markets, requiring investors to exercise caution before upcoming developments.
Binance has just launched a new feature called Binance Alpha, providing information about outstanding projects that may be listed in the future. This is considered a smart strategy by Binance, helping investors easily track potential projects without feeling overwhelmed by the increasing amount of information. Accordingly, on December 18, Binance Alpha announced a list of 10 potential projects, opening up early access to projects in the cryptocurrency ecosystem. Specifically, the 10 announced projects include: KOMA, Cheems, APX, ai16z, AIXBT, FartCoin, CKP, GEAR, SD, SYRUP Binance Alpha operates as a “pre-listing token selection filter” and is thoroughly selected based on the expertise and analytical capabilities of Binance. Tokens appearing on this platform are projects that demonstrate high community interest, have strong growth potential, and align with the developing cryptocurrency market trends. Although there is no guarantee, some standout tokens on Binance Alpha may be considered for official listing on Binance Exchange in the future. Users need to update the Binance app to the latest version (2.93.0 or higher) to access Binance Alpha. Additionally, this feature is only available on mobile devices when users access Binance's Web3 wallet. To access the Binance Alpha page, users simply need to go to: Binance Wallet → Markets → Alpha.
Shiba Inu (SHIB) and the Dream of Reaching 1 Dollar: Is It Possible?
The 1 dollar mark has always been an important target for many cryptocurrencies, including Shiba Inu (SHIB). However, to reach this price, SHIB will need an extraordinary growth.
Current Situation of $SHIB • Current Price: 0.00002592 USD • Decreased 6.14% in the past week and 5% in the past 24 hours. • SHIB has increased 166% this year but is still 70% lower than its all-time high (0.00008845 USD). • To reach 1 dollar, $SHIB would have to increase by 3,857,276.12% from the current price.
Future Predictions
According to data from Telegaon: • 2050: • Expected Average Price: 0.89 USD • Highest Price: 1.06 USD (if the market booms). • Lowest Price: 0.62 USD (if the market declines).
Although it may take up to 25 years to reach the 1 dollar mark, it remains a significant challenge that requires SHIB to maintain steady growth and long-term support from the community.
Conclusion
The price of 1 dollar for $SHIB is a big ambition and could become a reality by 2050, but investors need to be patient and willing to accept long-term risks.
Ripple Launches Stablecoin RLUSD on Uphold, Bringing Benefits to the Community $XRP
On December 18, Uphold – the leading Web3 finance platform – officially supported RLUSD, Ripple’s USD-pegged stablecoin. Approved by the NYDFS and backed 1:1 with USD, RLUSD promises to enhance digital payments and corporate finance.
Starting in January 2025, RLUSD will join Uphold’s Rewards Center program, offering 5% rewards to holders, along with access to exclusive information and new tokens. In particular, users who complete in-app tasks will receive benefits earlier.
Uphold CEO Simon McLoughlin affirmed:
“RLUSD is an important step forward for digital payments. We are proud to be an early partner with Ripple on this project.”
Uphold, which currently serves over 140 countries, is committed to transparency and security of customer assets with data updates every 30 seconds. This is a great opportunity for the XRP community to leverage RLUSD in the Uphold ecosystem. #Xrp🔥🔥 #XRP’