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Binance Delisting Alert: 5 Trading Pairs to be Removed on Feb 17
one of the world’s largest cryptocurrency exchanges, is shaking up its trading platform once again. The exchange has announced the removal of five spot trading pairs as part of its regular market review. This change, set to take effect on February 17, 2025, at 6:00 a.m. UTC,
Trading Pairs Set for Removal
The following trading pairs will be delisted:
HMSTR/FDUSDSAGA/BTCILV/BTCLTO/BTCMDT/BTC
Binance Margin has confirmed that both cross-margin and isolated margin trading will be affected. Users will no longer be able to transfer assets related to these pairs into isolated margin accounts, whether manually or through auto-transfer.
Important Dates to Remember
February 12, 2025, at 6:00 a.m. UTC – Binance will suspend isolated margin borrowing for the affected pairs.
February 17, 2025, at 6:00 a.m. UTC – Binance will automatically close users’ positions, settle accounts, and cancel all pending orders related to the delisted pairs. After this, the pairs will be permanently removed from the platform.
Trading Pairs Set for Removal
The following trading pairs will be delisted:
HMSTR/FDUSDSAGA/BTCILV/BTCLTO/BTCMDT/BTC
Binance Margin has confirmed that both cross-margin and isolated margin trading will be affected. Users will no longer be able to transfer assets related to these pairs into isolated margin accounts, whether manually or through auto-transfer.
Important Dates to Remember
February 12, 2025, at 6:00 a.m. UTC – Binance will suspend isolated margin borrowing for the affected pairs.
February 17, 2025, at 6:00 a.m. UTC – Binance will automatically close users’ positions, settle accounts, and cancel all pending orders related to the delisted pairs. After this, the pairs will be permanently removed from the platform.
Hong Kong Now Accepts Bitcoin, Ethereum as Proof for Investment Visa
In what is a key development for both the country and the asset class, Hong Kong now officially recognizes both Bitcoin and Ethereum as part of its investment Visa program. Indeed, the introduction of its New Capital Investment Entrant Scheme will allow prospective applications to use the leading cryptocurrencies to prove their wealth.
The change is breaking new ground, as it is allowing the tokens to be verifiable as proof of assets for the required net worth of $3.8 million. Entering 2025, the asset class had skyrocketed in value, with BTC surging to well above a six-figure price for the first time ever late last year.
Hong Kong Investment Visa Now Recognizes Bitcoin & Ethereum as Proof of Wealth
The last several months have been monumental for the digital asset industry. Interestingly, that is less reflective in prices and more in perspective. The United States has completely shifted its stance on the asset class with the arrival of pro-crypto President Donald Trump. Indeed, his presence has led to the arrival of the nation’s first cryptocurrency stockpile.
That has now extended to other regions as the acceptance and adoption of the asset class increases. Specifically, the latest to orchestrate a shift is Hong Kong, which now officially recognizes Bitcoin and Ethereum as proof of wealth for its new investment visa program.
The change is breaking new ground, as it is allowing the tokens to be verifiable as proof of assets for the required net worth of $3.8 million. Entering 2025, the asset class had skyrocketed in value, with BTC surging to well above a six-figure price for the first time ever late last year.
Hong Kong Investment Visa Now Recognizes Bitcoin & Ethereum as Proof of Wealth
The last several months have been monumental for the digital asset industry. Interestingly, that is less reflective in prices and more in perspective. The United States has completely shifted its stance on the asset class with the arrival of pro-crypto President Donald Trump. Indeed, his presence has led to the arrival of the nation’s first cryptocurrency stockpile.
That has now extended to other regions as the acceptance and adoption of the asset class increases. Specifically, the latest to orchestrate a shift is Hong Kong, which now officially recognizes Bitcoin and Ethereum as proof of wealth for its new investment visa program.
Pakistan police officer remanded over USDT theft and kidnapping
A Pakistan Counter-Terrorism Department official has been remanded over his alleged role in stealing $340,000 worth of tether (USDT) from a kidnapped crypto trader.
Trader Mohammad Arsalan Malik claims he met various buyers after an individual called Hamid repeatedly asked to purchase dollars from him.
Malik said that two individuals asked for $30,000 and told him that somebody called Ashar would drop off his payment.
Pakistani media reports that the three waited for Ashar at a restaurant. He reportedly arrived at 1am, followed 40 minutes later by a police van with no number plate and a number of plain-clothed officers.
These officers allegedly proceeded to abduct Malik, take him to another location, and force him to transfer $340,000 in USDT from his Binance account.
According to the investigative officer at yesterday’s anti-terrorism court hearing, $220,000 had been recovered in the form of crypto, cash, a luxury car, and prize bonds.
Two Counter-Terrorism Department officials and Head Constable Ali Raza are among the nine suspects, eight of whom have been arrested. Raza is reportedly the prime suspect and was issued a seven-day remand by an anti-terrorism court judge yesterday.
Earlier this month, the inspector general of police said, “We do not spare anyone,” adding that authorities would take action against any policeman found guilty.
Last month, the CEO of crypto hardware wallet firm Ledger was kidnapped and a large crypto ransom was demanded. His abductors reportedlycut off his finger and sent a video of the mutilation to his company.
Trader Mohammad Arsalan Malik claims he met various buyers after an individual called Hamid repeatedly asked to purchase dollars from him.
Malik said that two individuals asked for $30,000 and told him that somebody called Ashar would drop off his payment.
Pakistani media reports that the three waited for Ashar at a restaurant. He reportedly arrived at 1am, followed 40 minutes later by a police van with no number plate and a number of plain-clothed officers.
These officers allegedly proceeded to abduct Malik, take him to another location, and force him to transfer $340,000 in USDT from his Binance account.
According to the investigative officer at yesterday’s anti-terrorism court hearing, $220,000 had been recovered in the form of crypto, cash, a luxury car, and prize bonds.
Two Counter-Terrorism Department officials and Head Constable Ali Raza are among the nine suspects, eight of whom have been arrested. Raza is reportedly the prime suspect and was issued a seven-day remand by an anti-terrorism court judge yesterday.
Earlier this month, the inspector general of police said, “We do not spare anyone,” adding that authorities would take action against any policeman found guilty.
Last month, the CEO of crypto hardware wallet firm Ledger was kidnapped and a large crypto ransom was demanded. His abductors reportedlycut off his finger and sent a video of the mutilation to his company.
🇺🇸 White House confirms USAID funded Politico with over $8,000,000 in US taxpayer dollars.
"The DOGE team is working on canceling those payments now."
"The DOGE team is working on canceling those payments now."
🇨🇳🇺🇸 China to impose 10-15% tariffs on US oil, agricultural equipment, coal, and LNG.
China, one of the United States largest trading partners and the second-largest economy in the world, has imposed a retaliatory tariff on the United States.
China Imposes Tariff On US
As per reports, the led Chinese Communist Party or CCP, China's ruling party, has imposed a flat 15 per cent tariff on Liquified Natural Gas (LNG) and coal from the United States.
This comes after the United States imposed tariffs of 10 per cent on imports from China.
These tariffs kick from today, Tuesday,
February 4.
China, one of the United States largest trading partners and the second-largest economy in the world, has imposed a retaliatory tariff on the United States.
China Imposes Tariff On US
As per reports, the led Chinese Communist Party or CCP, China's ruling party, has imposed a flat 15 per cent tariff on Liquified Natural Gas (LNG) and coal from the United States.
This comes after the United States imposed tariffs of 10 per cent on imports from China.
These tariffs kick from today, Tuesday,
February 4.
President Donald Trump’s meme coin $Trump has dropped 63 per cent in value in the past 10 days.
The coin is down from $14.9 billion as of January 20 to $5.5 billion on Thursday, wiping off around $9.4 billion in market cap, as per data from Coinmarketcap.com.
At the time of filing this report, $Trump was trading at $27.7 in comparison to $74 on Monday previous week.
Out of the 1 billion maximum supply of $Trump meme coin, 200 million coins are currently circulating in the market and are in public hands.
Importantly, the coin has been unable to see full recovery ever since it dropped following the launch of $Melania, the meme coin launched by Donald Trump’s wife and first lady Melania Trump on January 20. $Trump coin had plummeted to around $8 billion market cap on the launch day of the $Melania coin.
The $Melania coin, on the other hand, has also lost most of its value. From its peak $2.2 billion market cap on January 20, the coin was down by 82 per cent to $396 million, indicating speculation and hype driving the initial spike in price and value for both the coins without inherent utility.
Meanwhile, President Trump took measures after returning to the White House for the cryptocurrency landscape in the US. For instance, Trump signed an executive order on January 23 to create a cryptocurrency working group for proposing new digital asset regulations and exploring the creation of a national cryptocurrency stockpile.
The coin is down from $14.9 billion as of January 20 to $5.5 billion on Thursday, wiping off around $9.4 billion in market cap, as per data from Coinmarketcap.com.
At the time of filing this report, $Trump was trading at $27.7 in comparison to $74 on Monday previous week.
Out of the 1 billion maximum supply of $Trump meme coin, 200 million coins are currently circulating in the market and are in public hands.
Importantly, the coin has been unable to see full recovery ever since it dropped following the launch of $Melania, the meme coin launched by Donald Trump’s wife and first lady Melania Trump on January 20. $Trump coin had plummeted to around $8 billion market cap on the launch day of the $Melania coin.
The $Melania coin, on the other hand, has also lost most of its value. From its peak $2.2 billion market cap on January 20, the coin was down by 82 per cent to $396 million, indicating speculation and hype driving the initial spike in price and value for both the coins without inherent utility.
Meanwhile, President Trump took measures after returning to the White House for the cryptocurrency landscape in the US. For instance, Trump signed an executive order on January 23 to create a cryptocurrency working group for proposing new digital asset regulations and exploring the creation of a national cryptocurrency stockpile.
Ripple’s Upcoming 1 Billion XRP Unlock: Will It Impact the Price?
With Ripple performing significantly well on the charts recently, concerns have arisen over its upcoming 1 billion XRP unlock, which it does every single month to fund its operations.
On January 1st, the market will witness 2025’s first token unlock event. The XRP community is waiting on how the token’s price will react to these Billions worth of XRP unlocks.
Will Ripple’s Token Unlock Affect XRP Price?
Notably, Ripple has 55B XRP tokens locked in an escrow account, which is nearly 55% of the total XRP supply. It unlocks a 1B supply on the first of every month. The unlocks are made to provide liquidity to exchanges and partners, not for buying or selling, which prevents them from directly entering the market and affecting the price.
The December unlock, Ripple’s largest XRP sell-off, also did not impact the price, as it remained around $1.8 and even surged the following day due to many bullish factors, including the RLUSD stablecoin launch. On January 1, 2024, Ripple will unlock 1B XRP in three transactions, 200M XRP, 300M XRP, and 500M XRP, which is nearly 1.75% of the XRP’s total circulating supply.
Analysts Bullish Over XRP
A prominent onchain analyst, Ali Martinez recently took to X to share that whales bought another 60 million XRP in the last 48 hours. XRP is currently trading at $2.18, down over 4% in the past 24 hours. Another analyst, Egrag Crypto in his recent analysis has noted that with BTC Dominance decreasing and ETH Dominance rising steadily, XRP has the explosive potential to outperform both. Currently at 3.93% dominance (above Fib 0.382), and if XRP closes above Fib 0.5 (5.57%), then we could see a double-digit dominance ahead.
Analysts like Javon Marks are optimistic that XRP will outperform expectations. Recently, he highlighted that XRP lately demonstrated strength not seen since its 2017 rally, with potential for even more growth.
2025, Landmark Year for XRP?
Bitstamp, the world’s longest-running cryptocurrency exchange, has forecasted that 2025 could be a landmark year for XRP, which has sparked excitement in the XRP army and the wider crypto community.
Furthermore, the recent approval of RLUSD by the New York Department of Financial Services highlights the XRPL’s role in enterprise-level payments, tokenization of real-world assets, and DeFi. Ripple CEO Brad Garlinghouse has recently described RLUSD as the “gold standard for the enterprise sector,” underscoring its alignment with XRP’s ecosystem.
On January 1st, the market will witness 2025’s first token unlock event. The XRP community is waiting on how the token’s price will react to these Billions worth of XRP unlocks.
Will Ripple’s Token Unlock Affect XRP Price?
Notably, Ripple has 55B XRP tokens locked in an escrow account, which is nearly 55% of the total XRP supply. It unlocks a 1B supply on the first of every month. The unlocks are made to provide liquidity to exchanges and partners, not for buying or selling, which prevents them from directly entering the market and affecting the price.
The December unlock, Ripple’s largest XRP sell-off, also did not impact the price, as it remained around $1.8 and even surged the following day due to many bullish factors, including the RLUSD stablecoin launch. On January 1, 2024, Ripple will unlock 1B XRP in three transactions, 200M XRP, 300M XRP, and 500M XRP, which is nearly 1.75% of the XRP’s total circulating supply.
Analysts Bullish Over XRP
A prominent onchain analyst, Ali Martinez recently took to X to share that whales bought another 60 million XRP in the last 48 hours. XRP is currently trading at $2.18, down over 4% in the past 24 hours. Another analyst, Egrag Crypto in his recent analysis has noted that with BTC Dominance decreasing and ETH Dominance rising steadily, XRP has the explosive potential to outperform both. Currently at 3.93% dominance (above Fib 0.382), and if XRP closes above Fib 0.5 (5.57%), then we could see a double-digit dominance ahead.
Analysts like Javon Marks are optimistic that XRP will outperform expectations. Recently, he highlighted that XRP lately demonstrated strength not seen since its 2017 rally, with potential for even more growth.
2025, Landmark Year for XRP?
Bitstamp, the world’s longest-running cryptocurrency exchange, has forecasted that 2025 could be a landmark year for XRP, which has sparked excitement in the XRP army and the wider crypto community.
Furthermore, the recent approval of RLUSD by the New York Department of Financial Services highlights the XRPL’s role in enterprise-level payments, tokenization of real-world assets, and DeFi. Ripple CEO Brad Garlinghouse has recently described RLUSD as the “gold standard for the enterprise sector,” underscoring its alignment with XRP’s ecosystem.
PEPE Price Predictions
Our most recent Pepe Coin price forecast indicates that its value will increase by 9.06% and reach 0.0000142 by February 01, 2025.
Current Price
$ 0.00001454
Price Prediction
$ 0.00004908
(235.17%)
Fear & Greed Index
76 (Extreme Greed)
Sentiment
Bearish
Volatility
14.73%
Green Days
14/30 (47%)
50-Day SMA
$ 0.00001829
200-Day SMA
$ 0.00001339
14-Day RSI
39.13
According to our current Pepe Coin price prediction, the price of Pepe Coin is predicted to rise by 235.17% and reach $ 0.00004908 by March 2, 2025.
Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 76 (Extreme Greed).
Pepe Coin recorded 14/30 (47%) green days with 14.73% price volatility over the last 30 days.
February 2025: PEPE Prediction
Market forecasts for February suggest that Pepe Coin will growth by as much as 92.56%, establishing an average price of $ 0.00002799 for the month.
The anticipated price fluctuation ranges from $ 0.00001464 to $ 0.00005085. This trend may offer a potential return of 249.79% compared to the current price.
#Write2Earn! #PEPE
Our most recent Pepe Coin price forecast indicates that its value will increase by 9.06% and reach 0.0000142 by February 01, 2025.
Current Price
$ 0.00001454
Price Prediction
$ 0.00004908
(235.17%)
Fear & Greed Index
76 (Extreme Greed)
Sentiment
Bearish
Volatility
14.73%
Green Days
14/30 (47%)
50-Day SMA
$ 0.00001829
200-Day SMA
$ 0.00001339
14-Day RSI
39.13
According to our current Pepe Coin price prediction, the price of Pepe Coin is predicted to rise by 235.17% and reach $ 0.00004908 by March 2, 2025.
Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 76 (Extreme Greed).
Pepe Coin recorded 14/30 (47%) green days with 14.73% price volatility over the last 30 days.
February 2025: PEPE Prediction
Market forecasts for February suggest that Pepe Coin will growth by as much as 92.56%, establishing an average price of $ 0.00002799 for the month.
The anticipated price fluctuation ranges from $ 0.00001464 to $ 0.00005085. This trend may offer a potential return of 249.79% compared to the current price.
#Write2Earn! #PEPE
🐸 Can $PEPE Realistically Reach $1? Here's the Truth Behind the Hype! *
One bold analyst predicts that Pepe Coin could hit the $1 mark, but how realistic is this claim? Let's break it down:
" The Current Situation
Pepe Coin has recently faced a 30% decline from its
November high, mirroring setbacks across meme coins like Dogecoin and Floki.
Trading at $0.00001824, $PEPE has entered a technical bear market.
But there's still hope: A bullish rebound could be on the horizon.
📈 The $1 Prediction
Crypto analyst Comet, with over 81K followers, believes in $PEPE 's potential, claiming his 1M coins bought for $19 could make him a millionaire if $PEPE hits $1.
Let's do the math:
• Current price: $0.00001824
• Target price: $1
• Required surge: +5,482,352% /
If achieved, $PEPE 's market cap would balloon to an astronomical $416.6 trillion, eclipsing:
© The world GDP ($105.4 trillion).
[Combined market cap of all public companies globally.
If achieved, $PEPE 's market cap would balloon to an astronomical $416.6 trillion, eclipsing:
🌎 The world GDP ($105.4 trillion).
Combined market cap of all public companies globally.
Reality check: While possible in crypto's wild world, this leap is highly improbable.
📈 The Bullish Case for PEPE
A closer look at Pepe's technicals offers a silver lining:
• The coin is forming a falling wedge pattern, a classic bullish indicator.
• If the pattern confirms PEPE could break.
⭐️🌟What's Next for $PEPE ?
While $1 may be a distant dream PEPE could still stage a remarkable recovery in the next bull run.
Investors should stay vigilant, focus on realistic goals, and monitor key technical patterns.
🌟 Your Move:
Will you ride the wave of $PEPE 's potential rebound, or is this a meme coin you're sitting out on?
💬Share your thoughts below! 🤔
#Write2Earn #Memecoins🤑🤑
One bold analyst predicts that Pepe Coin could hit the $1 mark, but how realistic is this claim? Let's break it down:
" The Current Situation
Pepe Coin has recently faced a 30% decline from its
November high, mirroring setbacks across meme coins like Dogecoin and Floki.
Trading at $0.00001824, $PEPE has entered a technical bear market.
But there's still hope: A bullish rebound could be on the horizon.
📈 The $1 Prediction
Crypto analyst Comet, with over 81K followers, believes in $PEPE 's potential, claiming his 1M coins bought for $19 could make him a millionaire if $PEPE hits $1.
Let's do the math:
• Current price: $0.00001824
• Target price: $1
• Required surge: +5,482,352% /
If achieved, $PEPE 's market cap would balloon to an astronomical $416.6 trillion, eclipsing:
© The world GDP ($105.4 trillion).
[Combined market cap of all public companies globally.
If achieved, $PEPE 's market cap would balloon to an astronomical $416.6 trillion, eclipsing:
🌎 The world GDP ($105.4 trillion).
Combined market cap of all public companies globally.
Reality check: While possible in crypto's wild world, this leap is highly improbable.
📈 The Bullish Case for PEPE
A closer look at Pepe's technicals offers a silver lining:
• The coin is forming a falling wedge pattern, a classic bullish indicator.
• If the pattern confirms PEPE could break.
⭐️🌟What's Next for $PEPE ?
While $1 may be a distant dream PEPE could still stage a remarkable recovery in the next bull run.
Investors should stay vigilant, focus on realistic goals, and monitor key technical patterns.
🌟 Your Move:
Will you ride the wave of $PEPE 's potential rebound, or is this a meme coin you're sitting out on?
💬Share your thoughts below! 🤔
#Write2Earn #Memecoins🤑🤑
Crypto is totally stressful 😞😖
The good news for the Jupiter lovers.!
#Jupiter 💰 announces new community website jup.com
The website will subsequently release the latest project updates for the Jupiter community, ranging from DAO to research forums to the Jupiverse Projects ecosystem.
#BinanceAlphaAlert
#Jupiter 💰 announces new community website jup.com
The website will subsequently release the latest project updates for the Jupiter community, ranging from DAO to research forums to the Jupiverse Projects ecosystem.
#BinanceAlphaAlert
The Department of Governmental Efficiency D.O.G.E💰 has met with several public #blockchain companies to assess their technology.
The D.O.G.E is going to be more efficient department to make ẩn historic assess in the crypto world .
Good news for crypto
#USConsumerConfidence
The D.O.G.E is going to be more efficient department to make ẩn historic assess in the crypto world .
Good news for crypto
#USConsumerConfidence
In a groundbreaking move, Mukesh Ambani's Reliance Jio has officially stepped into the cryptocurrency arena through its partnership with Polygon Labs.
The company has introduced JioCoin, a blockchain-based reward token that promises to revolutionise digital transactions in India.
#TrumpCryptoSupport #USDT
#BinanceAlphaAlert #AnimecoinOnBinance۔
The company has introduced JioCoin, a blockchain-based reward token that promises to revolutionise digital transactions in India.
#TrumpCryptoSupport #USDT
#BinanceAlphaAlert #AnimecoinOnBinance۔
Trump coin game is over?
I tried to told you that when trump coin was newly launched that time trump coin up more than 10x in less than 10 hours.
But after the hype, trump coin facing huge rejection in every resistant. Trump coin dropped more 50% for the last 3 days. And dropping in every day.
#TrumpCryptoOrder
I tried to told you that when trump coin was newly launched that time trump coin up more than 10x in less than 10 hours.
But after the hype, trump coin facing huge rejection in every resistant. Trump coin dropped more 50% for the last 3 days. And dropping in every day.
#TrumpCryptoOrder
🚨 BREAKING: IvankaTrump🇺🇸I ssues a statement regarding a cryptocurrency fraudulently using her name.
She has confirmed that neither "IVANKA TRUMP" nor "$IVANKA" has her consent or approval, and her legal team is pursuing appropriate measures.
#TRUMPTokenWatch
She has confirmed that neither "IVANKA TRUMP" nor "$IVANKA" has her consent or approval, and her legal team is pursuing appropriate measures.
#TRUMPTokenWatch
Binance’s BNB Predicted To Breach $1000
The cryptocurrency market is facing another significant correction. The global crypto market cap has fallen 4.4% to $3.67 trillion. Bitcoin (BTC) is inching closer to falling below $102,000. Binance’s BNB token is also following the downtrend. BNB is down by 2.2% in the daily charts, 3.7% in the weekly charts, 2.2% in the 14-day charts, and 1.4% over the previous month. Despite the dip, BNB is up by 120.2% since January 2024.
Binance’s BNB may be struggling from low fund inflows due to the Fed’s hawkish monetary policy for 2025. The Fed has announced only two interest rate cuts this year instead of three. The lack of interest rate cuts could lead to market stagnation.
Binance’s BNB coin hit an all-time high of $788.84 on Dec. 4, 2024. The asset has fallen by 13.1% since its peak.
According to CoinCodex, BNB will continue to rally over the coming months. The platform anticipates the asset to overtake its previous peak in early February. CoinCodex further anticipates BNB to breach the $1000 mark and hit a new all-time high of $1070.80 on April 21, 2025. Hitting $1070.80 from current price levels will translate to a rally of about 54.4%.
Binance’s BNB may be struggling from low fund inflows due to the Fed’s hawkish monetary policy for 2025. The Fed has announced only two interest rate cuts this year instead of three. The lack of interest rate cuts could lead to market stagnation.
Binance’s BNB coin hit an all-time high of $788.84 on Dec. 4, 2024. The asset has fallen by 13.1% since its peak.
According to CoinCodex, BNB will continue to rally over the coming months. The platform anticipates the asset to overtake its previous peak in early February. CoinCodex further anticipates BNB to breach the $1000 mark and hit a new all-time high of $1070.80 on April 21, 2025. Hitting $1070.80 from current price levels will translate to a rally of about 54.4%.
XRP BREAKING NEWS! 🚨 BANK OF AMERICA DROPS A BOMBSHELL
Ripple is the catchall name for the cryptocurrency platform, the transactional protocol for which is actually XRP, in the same fashion as Ethereum is the name for the platform that facilitates trades in Ether.
Like other cryptocurrencies, Ripple is built atop the idea of a distributed ledger network which requires various parties to participate in validating transactions, rather than any singular centralized authority.
That facilitates transactions all over the world, and transfer fees are far cheaper than the likes of bitcoin.
Unlike other cryptocurrencies, XRP transfers are effectively immediate, requiring no typical confirmation time. Ripple was originally founded by a single company, Ripple Labs, and continues to be backed by it, rather than the larger network of developers that continue bitcoin’s development. It also doesn’t have a fluctuating amount of its currency in existence.
Where bitcoin has a continually growing pool with an eventual maximum, and Ethereum theoretically has no limit, Ripple was created with all of its 100 billion XRP tokens right out of the gate. That number is maintained with no mining and most of the tokens are owned and held by Ripple Labs itself — around 60 billion at the latest count.
Even at the recently reduced value of around half a dollar per XRP, that means Ripple Labs is currently sitting on around $20 billion worth of the cryptocurrency (note: Ripple’s price crashed hard recently, and may be worth far less than $60 billion by time you read this).
It holds 55 billion XRP in an escrow account, which allows it to sell up to a billion per month if it so chooses in order to fund new projects and acquisitions. Selling such an amount would likely have a drastic effect on the cryptocurrency’s value, and isn’t something Ripple Labs plans to do anytime soon.
In actuality, Ripple Labs is looking to leverage the technology behind XRP to allow for faster banking transactions around the world. While Bitcoin and other cryptocurrencies are built on the idea of separating financial transactions from the financial organizations of traditional currencies, Ripple is almost the opposite in every sense.
XRP by Ripple price can be found on this page alongside the market capitalization and additional stats.
#VeThorOnBinance
Like other cryptocurrencies, Ripple is built atop the idea of a distributed ledger network which requires various parties to participate in validating transactions, rather than any singular centralized authority.
That facilitates transactions all over the world, and transfer fees are far cheaper than the likes of bitcoin.
Unlike other cryptocurrencies, XRP transfers are effectively immediate, requiring no typical confirmation time. Ripple was originally founded by a single company, Ripple Labs, and continues to be backed by it, rather than the larger network of developers that continue bitcoin’s development. It also doesn’t have a fluctuating amount of its currency in existence.
Where bitcoin has a continually growing pool with an eventual maximum, and Ethereum theoretically has no limit, Ripple was created with all of its 100 billion XRP tokens right out of the gate. That number is maintained with no mining and most of the tokens are owned and held by Ripple Labs itself — around 60 billion at the latest count.
Even at the recently reduced value of around half a dollar per XRP, that means Ripple Labs is currently sitting on around $20 billion worth of the cryptocurrency (note: Ripple’s price crashed hard recently, and may be worth far less than $60 billion by time you read this).
It holds 55 billion XRP in an escrow account, which allows it to sell up to a billion per month if it so chooses in order to fund new projects and acquisitions. Selling such an amount would likely have a drastic effect on the cryptocurrency’s value, and isn’t something Ripple Labs plans to do anytime soon.
In actuality, Ripple Labs is looking to leverage the technology behind XRP to allow for faster banking transactions around the world. While Bitcoin and other cryptocurrencies are built on the idea of separating financial transactions from the financial organizations of traditional currencies, Ripple is almost the opposite in every sense.
XRP by Ripple price can be found on this page alongside the market capitalization and additional stats.
#VeThorOnBinance
Bank of America CEO Says Banking Industry Will Embrace Crypto
In what is certainly a monumental development for the asset class, Bank of America CEO Brian Moynihan has said that the banking industry would embrace crypto. Indeed, speaking to CNBC, the executive noted that the industry would only require regulators to permit banks to operate within the growing cryptocurrency market.
That appears closer than ever before. With Donald Trump officially inaugurated into office Monday, he brought with him a stark pro-crypto stance. Moreover, his appointment of Mark Uyeda as active chair is poised to redefine the US Securities and Exchange Commission (SEC). Specifically, overhauling its stance on cryptocurrencies.
Bank of America CEO says the banking industry will embrace cryptocurrency if regulators allow it.
#MarketPullback
In what is certainly a monumental development for the asset class, Bank of America CEO Brian Moynihan has said that the banking industry would embrace crypto. Indeed, speaking to CNBC, the executive noted that the industry would only require regulators to permit banks to operate within the growing cryptocurrency market.
That appears closer than ever before. With Donald Trump officially inaugurated into office Monday, he brought with him a stark pro-crypto stance. Moreover, his appointment of Mark Uyeda as active chair is poised to redefine the US Securities and Exchange Commission (SEC). Specifically, overhauling its stance on cryptocurrencies.
Bank of America CEO says the banking industry will embrace cryptocurrency if regulators allow it.
#MarketPullback
Btc
Binance Announcement
--
Binance Square: Share Binance Square Links to Unlock a Share of $10,000 Worth of Rewards!
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
To celebrate the upcoming Lunar New Year, Binance Square is pleased to announce the launch of another edition of Share to Win! Users can complete tasks and share Binance Square content links to unlock a share of $10,000 worth of rewards, and receive up to 27.5 USDC token voucher rewards each.
Activity Period: 2025-01-21 09:00 (UTC) to 2025-02-04 09:00 (UTC)
Promotion A: Share Binance Square Links to Unlock Crypto Red Packets
To participate in this Promotion, verified Binance users may login to their Binance accounts and share any Binance Square link(s) with their friends during the Activity Period.
Eligible users will unlock Crypto Red Packet(s) worth up to 0.5 USDC each for both themselves and their corresponding sendee upon clicking on the shared Binance Square link(s).
Rewards are limited, and will be distributed on a first-come, first-served basis.
Notes:
Each user may claim a maximum of one Crypto Red Packet reward per link sent during the Activity Period, and up to 50 Crypto Red Packets (i.e., a maximum of 25 USDC in Crypto Red Packet) from this Activity.
Users can unlock bigger rewards when they invite friends to register with Binance through the Binance Square content links and complete account verification.
Promotion B: New Users Exclusive - Sign Up With Binance & Complete Tasks to Earn Up to 27.5 USDC in Rewards
In addition, new users who sign up with Binance via the activity page may click on the [Go] button on the page and complete any of the following task(s) during the Activity Period, to get up to 27.5 USDC in token voucher rewards. Rewards are limited, and will be distributed on a first-come, first-served basis.
Task 1: Complete a trade of at least $20 equivalent on Binance Spot, Futures, Margin, Options or Convert to get a 2 USDC token voucher. This will be distributed within 21 working days after the Promotion ends.
Task 2: Click on and read at least 10 Square posts to unlock an extra Crypto Red Packet worth up to 0.5 USDC.
Terms & Conditions
This activity may not be available in your region. The rewards for both Promotions are distributed on a first come, first-served basis, with limited redemptions available.Users may qualify for rewards from both Promotions where applicable. The rewards for both Promotions are not mutually exclusive.There will be caps imposed on the amount of rewards available to eligible users per country/region.Users must be logged in to their verified Binance accounts whilst completing tasks during the Activity Period in order to qualify for any rewards from Promotion A and/or Promotion B.Promotion A:Users may only receive a maximum of one Crypto Red Packet reward from each unique sendee. Please note that users may redeem multiple Crypto Red Packet rewards from different unique sendees within the same day.Crypto Red Packets will be distributed to eligible users immediately upon meeting the necessary requirement(s). Users should redeem the Crypto Red Packets to their Funding Accounts via the Binance App before the Promotion ends. Please note that all unclaimed Crypto Red Packets will be forfeited after the Promotion ends.Promotion B:Only new users who register with Binance via this activity page will be eligible to participate in Promotion B. Task 1: Rewards will be distributed in the form of token vouchers to eligible users within 21 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Task 2: Rewards for Task 2 will be distributed in the form of Crypto Red Packets to eligible users immediately upon meeting the necessary requirement(s). Users should redeem the Crypto Red Packets to their Funding Accounts via the Binance App before the Activity ends. Please note that all unclaimed Crypto Red Packets will be forfeited after the Activity ends. Illegally bulk-registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.Binance reserves the right to cancel a user’s eligibility in this activity if the account is involved in any behavior that breaches the Binance Square Community Management Guidelines or Binance Square Community Platform 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.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
2025-01-21
Fellow Binancians,
To celebrate the upcoming Lunar New Year, Binance Square is pleased to announce the launch of another edition of Share to Win! Users can complete tasks and share Binance Square content links to unlock a share of $10,000 worth of rewards, and receive up to 27.5 USDC token voucher rewards each.
Activity Period: 2025-01-21 09:00 (UTC) to 2025-02-04 09:00 (UTC)
Promotion A: Share Binance Square Links to Unlock Crypto Red Packets
To participate in this Promotion, verified Binance users may login to their Binance accounts and share any Binance Square link(s) with their friends during the Activity Period.
Eligible users will unlock Crypto Red Packet(s) worth up to 0.5 USDC each for both themselves and their corresponding sendee upon clicking on the shared Binance Square link(s).
Rewards are limited, and will be distributed on a first-come, first-served basis.
Notes:
Each user may claim a maximum of one Crypto Red Packet reward per link sent during the Activity Period, and up to 50 Crypto Red Packets (i.e., a maximum of 25 USDC in Crypto Red Packet) from this Activity.
Users can unlock bigger rewards when they invite friends to register with Binance through the Binance Square content links and complete account verification.
Promotion B: New Users Exclusive - Sign Up With Binance & Complete Tasks to Earn Up to 27.5 USDC in Rewards
In addition, new users who sign up with Binance via the activity page may click on the [Go] button on the page and complete any of the following task(s) during the Activity Period, to get up to 27.5 USDC in token voucher rewards. Rewards are limited, and will be distributed on a first-come, first-served basis.
Task 1: Complete a trade of at least $20 equivalent on Binance Spot, Futures, Margin, Options or Convert to get a 2 USDC token voucher. This will be distributed within 21 working days after the Promotion ends.
Task 2: Click on and read at least 10 Square posts to unlock an extra Crypto Red Packet worth up to 0.5 USDC.
Terms & Conditions
This activity may not be available in your region. The rewards for both Promotions are distributed on a first come, first-served basis, with limited redemptions available.Users may qualify for rewards from both Promotions where applicable. The rewards for both Promotions are not mutually exclusive.There will be caps imposed on the amount of rewards available to eligible users per country/region.Users must be logged in to their verified Binance accounts whilst completing tasks during the Activity Period in order to qualify for any rewards from Promotion A and/or Promotion B.Promotion A:Users may only receive a maximum of one Crypto Red Packet reward from each unique sendee. Please note that users may redeem multiple Crypto Red Packet rewards from different unique sendees within the same day.Crypto Red Packets will be distributed to eligible users immediately upon meeting the necessary requirement(s). Users should redeem the Crypto Red Packets to their Funding Accounts via the Binance App before the Promotion ends. Please note that all unclaimed Crypto Red Packets will be forfeited after the Promotion ends.Promotion B:Only new users who register with Binance via this activity page will be eligible to participate in Promotion B. Task 1: Rewards will be distributed in the form of token vouchers to eligible users within 21 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Task 2: Rewards for Task 2 will be distributed in the form of Crypto Red Packets to eligible users immediately upon meeting the necessary requirement(s). Users should redeem the Crypto Red Packets to their Funding Accounts via the Binance App before the Activity ends. Please note that all unclaimed Crypto Red Packets will be forfeited after the Activity ends. Illegally bulk-registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.Binance reserves the right to cancel a user’s eligibility in this activity if the account is involved in any behavior that breaches the Binance Square Community Management Guidelines or Binance Square Community Platform 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.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
2025-01-21
Bitcoin slips, Trump token plunges over 20% as bullish crypto sentiment cools
KEY POINTS
1. "Official Trump," a token representing the new U.S. leader, plunged as much as 26% in 24 hours.
2. A meme token released Sunday by first lady Melania Trump also crashed.
3. Trump's inauguration Monday lacked any concrete policy announcements regarding crypto.
Bitcoin and other cryptocurrencies sank on Tuesday, as bullish investor sentiment surrounding cryptocurrencies cooled after President Donald Trump's inauguration.
"Official Trump," a token launched last week that represents the new U.S. leader, plunged as much as 26% in 24 hours, according to CoinGecko data. Meanwhile, a meme token released Sunday by first lady Melania Trump, roughly halved in price in a day.
#TRUMP
#TrumpNFT
#TrumpMarketInsights
KEY POINTS
1. "Official Trump," a token representing the new U.S. leader, plunged as much as 26% in 24 hours.
2. A meme token released Sunday by first lady Melania Trump also crashed.
3. Trump's inauguration Monday lacked any concrete policy announcements regarding crypto.
Bitcoin and other cryptocurrencies sank on Tuesday, as bullish investor sentiment surrounding cryptocurrencies cooled after President Donald Trump's inauguration.
"Official Trump," a token launched last week that represents the new U.S. leader, plunged as much as 26% in 24 hours, according to CoinGecko data. Meanwhile, a meme token released Sunday by first lady Melania Trump, roughly halved in price in a day.
#TRUMP
#TrumpNFT
#TrumpMarketInsights
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