GASTAH
137 Following
13 Followers
0 Liked
0 Shared
Crypto Users Hit 18M — What’s Next?
With 18 million users now in the crypto space, adoption is growing fast! Here’s what could be next:
🔹 Mainstream Integration:
More companies, financial platforms, and even governments may start accepting crypto payments.
🔹 Bull Run Potential:
Increased demand from new users could fuel market growth.
🔹 Regulatory Clarity:
Governments are moving toward clearer regulations, which could bring in big institutional investors.
🔹 Technological Advances:
Layer 2 scaling (like zk-rollups) will make crypto faster, cheaper, and more accessible.
🔹 Social Impact Tokens:
Community-driven tokens are rising in popularity as people seek projects with purpose and impact.
On that note, I’m part of an exciting initiative called Zol Token — a crypto project rooted in Sudanese solidarity and community support. It aims to unite the Sudanese diaspora and raise awareness about how small contributions can drive real change, especially for communities impacted by war.
With crypto users growing every day, it’s a great time to focus on projects that combine profit with purpose. If you’re interested, I’d love to tell you more about Zol and how it’s making a difference.
What do you think is next for crypto? Drop your thoughts below! 💬
#CryptoUsersHit18M
With 18 million users now in the crypto space, adoption is growing fast! Here’s what could be next:
🔹 Mainstream Integration:
More companies, financial platforms, and even governments may start accepting crypto payments.
🔹 Bull Run Potential:
Increased demand from new users could fuel market growth.
🔹 Regulatory Clarity:
Governments are moving toward clearer regulations, which could bring in big institutional investors.
🔹 Technological Advances:
Layer 2 scaling (like zk-rollups) will make crypto faster, cheaper, and more accessible.
🔹 Social Impact Tokens:
Community-driven tokens are rising in popularity as people seek projects with purpose and impact.
On that note, I’m part of an exciting initiative called Zol Token — a crypto project rooted in Sudanese solidarity and community support. It aims to unite the Sudanese diaspora and raise awareness about how small contributions can drive real change, especially for communities impacted by war.
With crypto users growing every day, it’s a great time to focus on projects that combine profit with purpose. If you’re interested, I’d love to tell you more about Zol and how it’s making a difference.
What do you think is next for crypto? Drop your thoughts below! 💬
#CryptoUsersHit18M
Hello my #Squire friends 👋
I want to share some thoughts about #XRP based on recent data and include insights from multiple reliable sources like Cryptonews, TechBullion, and Binance itself 🙏
The price of XRP is closely tied to market trends, particularly #BTC movements. Currently XRP is trading within a stable range, with predictions for December 2024 estimating an average price of $2.50 to $2.56, showing modest daily increases.
This is attributed to positive sentiment surrounding Ripple’s legal victories and growing institutional adoption.
Bitcoin’s performance remains a significant factor in XRP’s trajectory. Bitcoin is expected to maintain high volatility, especially with its recent bullish momentum, which could push XRP prices higher if Bitcoin rallies. Historically, altcoins like XRP tend to follow Bitcoin’s lead during market upswings.
On #Binance, trading volumes for XRP have shown stability, reflecting confidence among traders. However, short-term fluctuations remain likely, driven by Bitcoin’s price movements and broader market conditions. XRP’s next resistance level is expected around $2.60, while support is likely at $2.48.
If Bitcoin experiences a significant drop, XRP may temporarily retreat but is likely to recover due to its utility in cross-border payments and partnerships with financial institutions. For trading on Binance, monitoring Bitcoin’s price and volume trends will be crucial for informed decision-making in the coming days.
#Share1BNBDaily
I want to share some thoughts about #XRP based on recent data and include insights from multiple reliable sources like Cryptonews, TechBullion, and Binance itself 🙏
The price of XRP is closely tied to market trends, particularly #BTC movements. Currently XRP is trading within a stable range, with predictions for December 2024 estimating an average price of $2.50 to $2.56, showing modest daily increases.
This is attributed to positive sentiment surrounding Ripple’s legal victories and growing institutional adoption.
Bitcoin’s performance remains a significant factor in XRP’s trajectory. Bitcoin is expected to maintain high volatility, especially with its recent bullish momentum, which could push XRP prices higher if Bitcoin rallies. Historically, altcoins like XRP tend to follow Bitcoin’s lead during market upswings.
On #Binance, trading volumes for XRP have shown stability, reflecting confidence among traders. However, short-term fluctuations remain likely, driven by Bitcoin’s price movements and broader market conditions. XRP’s next resistance level is expected around $2.60, while support is likely at $2.48.
If Bitcoin experiences a significant drop, XRP may temporarily retreat but is likely to recover due to its utility in cross-border payments and partnerships with financial institutions. For trading on Binance, monitoring Bitcoin’s price and volume trends will be crucial for informed decision-making in the coming days.
#Share1BNBDaily
📖💡💰🧠
Binance Academy
--
What Is an Order Book and How Does It Work?
Key Takeaways
Order books display the current buy and sell orders (bids and asks), showing the market's supply and demand dynamics for a given trading pair.
In highly liquid markets, order books are continuously updated, and when a trade is executed, the corresponding orders are promptly removed from the book. This makes the order book a dynamic tool for tracking market activity.
Order books can be useful in spotting potential support and resistance levels and analyzing market depth. However, because buy and sell walls can create false impressions of supply and demand, order books should be used alongside other tools for more accurate market analysis.
What Is an Order Book?
An order book is like a real-time list of all the current buy and sell orders for a particular asset, such as stocks, commodities, or cryptocurrencies. It provides a snapshot of what buyers are willing to pay (bids) and what sellers are asking for (asks), helping you see market demand and supply.
On the Binance App, the order book is located under your trading chart and looks like this:
On Binance Web, the order book is located on either the left or right side of your trading interface (left side for Spot and Margin; right side for Futures). It looks like this:
How Order Books Work
In high-liquidity markets, you will notice that order books are live and constantly being updated. As new buy or sell orders come in, they are added to the list. When a trade happens, the relevant orders are removed from the order book. Essentially, order books are where you see the open orders that represent ongoing negotiations between buyers and sellers.
If you're a buyer, your order will be added based on the maximum price you’re willing to pay. If you're a seller, it’s based on the minimum price you're willing to accept.
Key Components of an Order Book
Buy orders (bids): These show what buyers are ready to pay. Usually, they’re listed from the highest to the lowest bid price.
Sell orders (asks): These show what sellers want to get for their assets. They’re listed from the lowest to the highest ask price.
Price and quantity: For each order, the book shows how much the trader wants to buy or sell and at what price.
Spread: This is the gap between the highest bid and the lowest ask. A smaller spread means the market is more liquid.
Order matching: When a buy and sell order line up, the matching engine will execute the trade. In other words, if a buyer agrees to pay the seller’s asking price (or if a seller agrees to take a bid), the trade goes through.
Visualizing Order Books: Depth Charts
Many traders use depth charts, which are visual representations of the order book. On the chart, the x-axis shows price points, and the y-axis shows the volume of buy and sell orders at each price.
On Binance, you can find the depth chart at the top right corner of your chart interface. You can also use the Depth chart to check the current bid-ask spread of a particular market.
You’ll see two curves: one for bids (buy orders in green) and one for asks (sell orders in red). By analyzing these curves, traders can get a sense of where the market is more likely to move or spot "buy walls" or "sell walls" that might stop the price from moving past certain levels.
How Traders Use Order Books
Order books can provide interesting insights into market liquidity and trends. Some of the ways traders use order books include:
Spotting support and resistance: Large buy orders (buy wall) at a certain price might suggest strong support, while large sell orders (sell wall) may signal resistance at that price.
Liquidity analysis: Deep order books with lots of orders make it much easier to buy or sell without pushing the price up or down too much.
Market depth: Traders often look at how many orders are “waiting” at different prices to anticipate potential market moves. For example, if there are many buy orders around certain prices, there is a higher probability of those levels acting as support.
However, orders can be placed and removed easily. Buy walls and sell walls are sometimes used to create false impressions of supply and demand. So don’t rely too much on the order book. It can provide some insights, but it’s not foolproof.
Types of Orders in an Order Book
Market orders: These orders are executed immediately at the best available price. For example, if a buyer submits a market order, it will be matched with the lowest ask price in the order book.
Limit orders: A limit order allows traders to specify the price at which they are willing to buy or sell. This order will only execute if the market price reaches the trader's limit price, ensuring control over the execution price but with no guarantee that the trade will be executed.
Stop orders: These are conditional orders placed to buy or sell an asset once its price moves past a specified point, triggering a market or limit order. Stop orders are often used to minimize losses, making them very useful for risk management.
Closing Thoughts
In short, an order book is a useful tool for understanding supply and demand in financial markets. Whether you're trading stocks, commodities, or cryptocurrencies, knowing how to read an order book can help you make better trading decisions.
Still, orders can be quickly created and deleted. Remember that buy walls and sell walls are sometimes used to create false impressions of supply and demand. To reduce risks, it might be a good idea to combine your order book analysis with other technical indicators and tools.
Further Reading
Your Guide to Binance Spot Trading
Understanding Matching Engines in Trading
Bid-Ask Spread and Slippage Explained
Disclaimer: This content is presented to you on an “as is” basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial, legal or other professional advice, nor is it intended to recommend the purchase of any specific product or service. You should seek your own advice from appropriate professional advisors. Where the article is contributed by a third party contributor, please note that those views expressed belong to the third party contributor, and do not necessarily reflect those of Binance Academy. Please read our full disclaimer here for further details. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance Academy is not liable for any losses you may incur. This material should not be construed as financial, legal or other professional advice. For more information, see our Terms of Use and Risk Warning.
Order books display the current buy and sell orders (bids and asks), showing the market's supply and demand dynamics for a given trading pair.
In highly liquid markets, order books are continuously updated, and when a trade is executed, the corresponding orders are promptly removed from the book. This makes the order book a dynamic tool for tracking market activity.
Order books can be useful in spotting potential support and resistance levels and analyzing market depth. However, because buy and sell walls can create false impressions of supply and demand, order books should be used alongside other tools for more accurate market analysis.
What Is an Order Book?
An order book is like a real-time list of all the current buy and sell orders for a particular asset, such as stocks, commodities, or cryptocurrencies. It provides a snapshot of what buyers are willing to pay (bids) and what sellers are asking for (asks), helping you see market demand and supply.
On the Binance App, the order book is located under your trading chart and looks like this:
On Binance Web, the order book is located on either the left or right side of your trading interface (left side for Spot and Margin; right side for Futures). It looks like this:
How Order Books Work
In high-liquidity markets, you will notice that order books are live and constantly being updated. As new buy or sell orders come in, they are added to the list. When a trade happens, the relevant orders are removed from the order book. Essentially, order books are where you see the open orders that represent ongoing negotiations between buyers and sellers.
If you're a buyer, your order will be added based on the maximum price you’re willing to pay. If you're a seller, it’s based on the minimum price you're willing to accept.
Key Components of an Order Book
Buy orders (bids): These show what buyers are ready to pay. Usually, they’re listed from the highest to the lowest bid price.
Sell orders (asks): These show what sellers want to get for their assets. They’re listed from the lowest to the highest ask price.
Price and quantity: For each order, the book shows how much the trader wants to buy or sell and at what price.
Spread: This is the gap between the highest bid and the lowest ask. A smaller spread means the market is more liquid.
Order matching: When a buy and sell order line up, the matching engine will execute the trade. In other words, if a buyer agrees to pay the seller’s asking price (or if a seller agrees to take a bid), the trade goes through.
Visualizing Order Books: Depth Charts
Many traders use depth charts, which are visual representations of the order book. On the chart, the x-axis shows price points, and the y-axis shows the volume of buy and sell orders at each price.
On Binance, you can find the depth chart at the top right corner of your chart interface. You can also use the Depth chart to check the current bid-ask spread of a particular market.
You’ll see two curves: one for bids (buy orders in green) and one for asks (sell orders in red). By analyzing these curves, traders can get a sense of where the market is more likely to move or spot "buy walls" or "sell walls" that might stop the price from moving past certain levels.
How Traders Use Order Books
Order books can provide interesting insights into market liquidity and trends. Some of the ways traders use order books include:
Spotting support and resistance: Large buy orders (buy wall) at a certain price might suggest strong support, while large sell orders (sell wall) may signal resistance at that price.
Liquidity analysis: Deep order books with lots of orders make it much easier to buy or sell without pushing the price up or down too much.
Market depth: Traders often look at how many orders are “waiting” at different prices to anticipate potential market moves. For example, if there are many buy orders around certain prices, there is a higher probability of those levels acting as support.
However, orders can be placed and removed easily. Buy walls and sell walls are sometimes used to create false impressions of supply and demand. So don’t rely too much on the order book. It can provide some insights, but it’s not foolproof.
Types of Orders in an Order Book
Market orders: These orders are executed immediately at the best available price. For example, if a buyer submits a market order, it will be matched with the lowest ask price in the order book.
Limit orders: A limit order allows traders to specify the price at which they are willing to buy or sell. This order will only execute if the market price reaches the trader's limit price, ensuring control over the execution price but with no guarantee that the trade will be executed.
Stop orders: These are conditional orders placed to buy or sell an asset once its price moves past a specified point, triggering a market or limit order. Stop orders are often used to minimize losses, making them very useful for risk management.
Closing Thoughts
In short, an order book is a useful tool for understanding supply and demand in financial markets. Whether you're trading stocks, commodities, or cryptocurrencies, knowing how to read an order book can help you make better trading decisions.
Still, orders can be quickly created and deleted. Remember that buy walls and sell walls are sometimes used to create false impressions of supply and demand. To reduce risks, it might be a good idea to combine your order book analysis with other technical indicators and tools.
Further Reading
Your Guide to Binance Spot Trading
Understanding Matching Engines in Trading
Bid-Ask Spread and Slippage Explained
Disclaimer: This content is presented to you on an “as is” basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial, legal or other professional advice, nor is it intended to recommend the purchase of any specific product or service. You should seek your own advice from appropriate professional advisors. Where the article is contributed by a third party contributor, please note that those views expressed belong to the third party contributor, and do not necessarily reflect those of Binance Academy. Please read our full disclaimer here for further details. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance Academy is not liable for any losses you may incur. This material should not be construed as financial, legal or other professional advice. For more information, see our Terms of Use and Risk Warning.
💡📈📉💡💰💡💵💡🔭💡
BullishBanter
--
Becoming a crypto millionaire isn't just about selecting the right coins; it’s about cultivating the right mindset. Successful investors in the crypto space understand that patience and discipline are essential.
Click and Give your Last and Final VOTE today
They recognize that the market's volatility presents both risks and opportunities. Instead of succumbing to fear during market downturns, they view these periods as prime opportunities to accumulate assets at lower prices, knowing that sustained growth often follows periods of decline.
Managing emotions is another crucial factor. The fear of missing out (FOMO) and the fear of losing (FOL) can lead to impulsive decisions that jeopardize long-term success. Savvy crypto millionaires learn to distance themselves emotionally from market fluctuations, adhering to their strategy even when the market is turbulent. They resist the urge to chase every trend, focusing instead on projects with solid fundamentals and long-term growth potential.
Diversification is also a key psychological tactic. Rather than risking everything on a single asset, successful crypto investors distribute their investments across multiple assets. This strategy reduces risk and increases the likelihood of significant returns from at least one or more of their investments. They acknowledge that not every project will thrive, but the successful ones can generate exponential gains.
Ultimately, the mindset of a crypto millionaire involves an unending quest for knowledge. The most successful investors are constantly learning about market trends, technological innovations, and the broader economic environment. By staying informed, they position themselves to make smarter decisions and capitalize on opportunities that others might miss.
#DOGSONBINANCE #TelegramCEO #CryptoMarketMoves #BlackRockETHOptions #CryptoMarketMoves
Click and Give your Last and Final VOTE today
They recognize that the market's volatility presents both risks and opportunities. Instead of succumbing to fear during market downturns, they view these periods as prime opportunities to accumulate assets at lower prices, knowing that sustained growth often follows periods of decline.
Managing emotions is another crucial factor. The fear of missing out (FOMO) and the fear of losing (FOL) can lead to impulsive decisions that jeopardize long-term success. Savvy crypto millionaires learn to distance themselves emotionally from market fluctuations, adhering to their strategy even when the market is turbulent. They resist the urge to chase every trend, focusing instead on projects with solid fundamentals and long-term growth potential.
Diversification is also a key psychological tactic. Rather than risking everything on a single asset, successful crypto investors distribute their investments across multiple assets. This strategy reduces risk and increases the likelihood of significant returns from at least one or more of their investments. They acknowledge that not every project will thrive, but the successful ones can generate exponential gains.
Ultimately, the mindset of a crypto millionaire involves an unending quest for knowledge. The most successful investors are constantly learning about market trends, technological innovations, and the broader economic environment. By staying informed, they position themselves to make smarter decisions and capitalize on opportunities that others might miss.
#DOGSONBINANCE #TelegramCEO #CryptoMarketMoves #BlackRockETHOptions #CryptoMarketMoves
Kindly check the details 👇 🙏♥️🤞👌
BullishBanter
--
Bullish
It’s time to cast your Vote 🗳️🎁 , and this time, it’s extra special! .. You Can Claim Big by Red Pecket 🎁
Your vote isn’t just a vote—it’s a ticket to a unique reward!
Click here to VOTE & Follow
But here’s the catch: Only my loyal followers and Voters will unlock this exclusive gift!
If You not Follow and VOTE .. You will not Eligible to Claim it.
To qualify:
1. Vote now! Every vote counts and brings us closer to the top! 💝
2. Drop a comment to show your support.
3. Follow me, like this post, and share it with your friends to spread the word!
Let’s unite and make this happen together!
Don’t miss out on the rewards waiting just for you, my awesome supporters!
Click here to VOTE and Follow
(Hint: I Done Both)
#Write2Earn! #CryptoMarketMoves #BinanceBlockchainWeek #LowestCPI2021 #BullBanter
Your vote isn’t just a vote—it’s a ticket to a unique reward!
Click here to VOTE & Follow
But here’s the catch: Only my loyal followers and Voters will unlock this exclusive gift!
If You not Follow and VOTE .. You will not Eligible to Claim it.
To qualify:
1. Vote now! Every vote counts and brings us closer to the top! 💝
2. Drop a comment to show your support.
3. Follow me, like this post, and share it with your friends to spread the word!
Let’s unite and make this happen together!
Don’t miss out on the rewards waiting just for you, my awesome supporters!
Click here to VOTE and Follow
(Hint: I Done Both)
#Write2Earn! #CryptoMarketMoves #BinanceBlockchainWeek #LowestCPI2021 #BullBanter
🛌
Quoted content has been removed
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Trending Topics
AltcoinSeasonComing
72,227 views
2,684 Discussing
Bitcoin dominance rate (BTCD) has declined by almost 2% over the past week, a signal traders often interpret as the beginning of capital rotation into altcoins.
Top tokens like DOGE, XRP, ETH, and SOL are mimicking Bitcoin’s late April breakout pattern, suggesting that altcoin momentum may be building across the market.
💬 Is altcoin season coming soon? Which tokens are on your radar—and how will you be positioning for the shift?
👉 Create a post with the #AltcoinSeasonLoading or the $XRP cashtag, or share your trader’s profile and insights to earn Binance points!
(Press the “+” on the App homepage and click on Task Center)
Activity period: 2025-05-10 06:00 (UTC) to 2025-05-11 06:00 (UTC)
Points rewards are first-come, first-served, so be sure to claim your points daily!
Binance Square Official
60 Likes
17.5k views
AltcoinTrade
330,765 views
2,296 Discussing
AltcoinSeasonLoading
32,879 views
10,442 Discussing