Binance is the world’s leading cryptocurrency exchange, trusted by millions of users worldwide. It offers secure, fast, and user-friendly trading for Bitcoin, E
$BTC Indonesia’s fast-growing cryptocurrency sector could become a major driver of economic growth, potentially adding Rp260.36 trillion ($16.5 billion) to the national economy and creating up to 1.22 million new jobs.
Key Takeaways:
Indonesia’s crypto industry could add $16.5 billion to the economy and create 1.22 million jobs.
In 2024 alone, crypto activities contributed $4.4 billion to GDP and generated over 333,000 jobs.
The report urges stronger regulation, digital literacy, and tax reform to ensure sustainable growth.
According to a study by the University of Indonesia’s Institute for Economic and Social Research (LPEM FEB UI), crypto trading could boost the country’s GDP by 0.86% to 1.18% if trading profits are reinvested locally in productive sectors.
“The real economic impact will only be felt if crypto trading profits are used locally in productive ways,” said LPEM FEB UI researcher Prani Sastiono during the launch event in Jakarta.
TLDR PEPE saw a price drop over 24 hours, driven by bearish technicals and mixed money flow, implying volatility ahead. 1. Whale Activity: Significant whale accumulation suggests potential future buying interest in PEPE despite recent market conditions. 2. Technical Analysis: PEPE shows a dominant bearish trend with a 6.55% price drop over 24 hours, bearish EMA alignment, and negative MACD, though RSI rebounded from oversold. 3. Money Flow: While overall inflow was slightly positive, large holders registered a net outflow of $140,716.29, indicating selling pressure from major players. Positives 1. Whale Activity: A whale spent $4.97M USDT to acquire 600.88B PEPE, while another whale withdrew 657.8B PEPE ($4.44M) from an exchange, signaling significant accumulation. 2. Technical Signal: The 6period RSI has rebounded from an oversold level of 15.12 to 54.39, indicating a potential reversal of recent downward price momentum. 3. Momentum Shift: The MACD histogram has turned slightly positive (0.00000001), suggesting a potential weakening of bearish momentum and a possible shift in shortterm trend. Risks 1. Price Performance: PEPE's price decreased by approximately 6.55% over the past 24 hours, closing at $0.00000742 from $0.00000794, indicating a recent downward trend. 2. Trend Confirmation: The 7period EMA ($0.00000739) is below both the 25period EMA ($0.00000745) and 99period EMA ($0.00000767), confirming a prevailing bearish trend. 3. Funds Movement: Despite a small overall positive inflow, large holders showed a net outflow of $140,716.29, suggesting continued selling pressure from significant participants. Install Binance app to catch the latest PEPE insights at https://app.binance.com/en/mp/qr/VxLMsKu1?utmterm=PEPE&ref=1037059832&utmsource=Brm8cLnPPfw7BoYTCqg55k&utmmedium=spotinsight®isterChannel=tradinginsight #PEPE #PowellRemarks #BinanceHODLerENSO #BinanceHODLerYB #CryptoMarketAnalysis
$ETH Ethereum is showing signs of stabilization after a volatile week that sent its price below $3,800. The drop came after a series of massive liquidations that swept across the crypto market in a similar fashion to Bitcoin’s retest of the $112,000 support zone. Analysts now believe that Ethereum’s correction phase could be coming to an end as momentum indicators start to turn upwards. They say that a decisive recovery in Bitcoin could give the impetus for Ethereum to reclaim the $4,500 level within weeks.
The market is still cautious, but traders are much more bullish about the medium-term outlook of Ethereum. Technical analysis indicates that the sell pressure has been reduced, creating conditions for a rebound. Analysts highlight that Ethereum’s strong fundamentals and growing network activity continue to support the asset’s value. Meanwhile, investors looking for faster returns are rotating into new projects such as MAGACOIN FINANCE, which is gaining early traction as the market consolidates
It took eight years until Bitcoin hit $20,000 for the first time. But on October 10, the world’s biggest cryptocurrency dropped by $20,000 in a single day.
Friday’s crypto crash was nothing short of extraordinary. There’s little doubt that the pullback was partially triggered by Donald Trump imposing a new 100% tariff on Chinese goods — “over and above” any levy the country’s already paying.
Once again, the threat of an escalating trade war spooked markets, with the S&P 500 tumbling 2.7%. However, the impact across the crypto landscape was far more drastic, as the announcement coincided with low liquidity on Friday afternoons.
BTC flash-crashed to lows of $104,500 — diving to $102,000 on some exchanges. ETH’s decline was even more stomach-churning, with a peak-to-trough drop of 21% from $4,390 to $3,460.
#MarketPullback [10/11, 8:05 AM] +92 321 7530255: JUST IN: 🇺🇸 $1.65 trillion wiped out from US stock market today. [10/11, 8:05 AM] +92 321 7530255: JUST IN: 🇺🇸 President Trump considers pardoning Binance Founder CZ, Fox Business reports. [10/11, 8:06 AM] +92 321 7530255: TRUMP: US TO IMPOSE 100% TARIFF ON CHINA STARTING NOV 1
$BTC Institutional investors expect tokenized assets to take up a much larger role in global portfolios by the end of the decade, with private markets seen as the first to shift.
A State Street study published Thursday projects that by 2030, between 10% and 24% of institutional investments could be made through tokenized instruments.
Private equity and private fixed income are viewed as the most likely early candidates for tokenization. These markets have long struggled with illiquidity and high operational costs, making them prime targets for digital instruments designed to boost efficiency and unlock liquidity.
“The acceleration in adoption of emerging technologies is remarkable. Institutional investors are moving beyond experimentation, and digital assets are now a strategic lever for growth, efficiency, and innovation,” said Joerg Ambrosius, president of Investment Services at State Street.
The company will acquire Solana once it meets market capitalization and regulatory requirements, said Joseph Chee, who leads the SOL treasury strategy. In an interview with Hong Kong Economic Times, Chee noted that Hong Kong will be its second listing location.
“We will come here as soon as possible, perhaps within six months,” he said.
Joseph Chee acquired Helius, a healthcare tech company, transforming it into a DAT. Last month, the firm secured $500 million to build a Solana treasury focused on acquiring SOL. Chee founded Summer Capital and served as the head of investment banking, Asia at UBS. a very few DAT firms are accumulating Solana. Recently, Brera Holdings PLC announced a $300 million private placement to establish Solmate, a Solana-based DAT and crypto infrastructure company.
Despite ‘low’ market awareness for Solana, the crypto’s processing power has surpassed Ethereum, with over 1,500 transactions per second, says Junwei.
Besides, Helius Solana Company has partnered with the Solana Foundation to develop in-depth ecosystem-level collaboration in Asia.
The crypto market is down today, with the cryptocurrency market capitalization falling by 2.2%, now standing at $4.26 trillion. 10 of the top 100 coins have dropped over the past 24 hours. At the same time, the total crypto trading volume is at $240 billion, higher than what we’ve been seeing over the past few days.
TLDR:
The crypto market capitalization is down 2.2% on Wednesday morning (UTC);
90 of the top 100 coins are down, as are 9 of the top 10 coins;
BTC fell 1.8% to $121,788, and ETH is down 4.7% to $4,455;
’The corrective phase is likely behind us’;
’The broader context continues to favour a bullish fourth quarter’;
’The key question for investors is not whether to participate, but when risk begins to outweigh reward’;
US BTC spot ETFs saw $23.81 million in outflows, while ETH spot ETFs recorded $420.87 million in inflows;
S&P Global has launched its S&P Digital Markets 50 Index;
$BTC $P In the wake of the EU’s September sanctions, A7A5 experienced a sharp spike in trading activity. On September 26, just a week after the announcement, its market capitalization jumped 250% in a single day, from $140 million to over $491 million.
It now holds steady near $500 million, representing nearly half of the $1.2 billion non-USD stablecoin market. The euro-pegged EURC from Circle trails behind, with a market cap of around $255 million.
European officials say sanctions are aimed at applying pressure on those responsible for circumventing international rules.
According to the European Council, these tools are designed to influence behavior and support the EU’s foreign and security policy objectives.
Final approval of the proposed A7A5 sanctions requires unanimous support from all 27 EU member states. The proposal may still be modified or delayed before implementation.
$BTC As reported, Bitcoin surged to a new all-time high above $125,700 on Sunday morning, breaking past its previous record of $124,500 set in August, according to data from CoinMarketCap.
The milestone came as centralized exchanges report the lowest levels of Bitcoin reserves in six years, signaling a tightening supply backdrop amid growing investor demand.
The sharp recovery marks a strong start to October, often dubbed “Uptober” by traders, after Bitcoin slipped to $107,800 in early September.
Over the past week, the asset has climbed steadily, buoyed by renewed optimism and tightening exchange liquidity.
Notably, Bitcoin’s surge past $124,000 has driven Strategy Inc.’s BTC holdings to a record $77.4 billion, the company revealed Friday.
The firm, which began accumulating BTC in 2020 as a corporate treasury asset, has seen its holdings grow exponentially from an initial valuation of $2.1 billion to over 35 times that amount in just five years. #BTCBreaksATH #BTC #GoldHitsRecordHigh #NFPWatch #viralpost
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