Crypto News
Binance’s 2024 Year-End Report Reveals $100 Trillion Milestone
The world’s largest cryptocurrency exchange displayed its dominance across several key metrics including cumulative historical trading volume and number of registered users. Cryptocurrency Behemoth Touts Mind-Bending Trading Volume Binance, the largest cryptocurrency exchange in the world by way of trading volume published its year-end report on Wednesday, revealing a staggering $100 trillion in cumulative historicalSource link
QCP Capital: Bitcoin Slump Sets Stage for Potential Bullish Rally Near Trump’s Inauguration
Bitcoin plummeted beneath the $95,000 threshold following unexpectedly vigorous U.S. employment data, fostering a pervasive risk-averse mood across markets, QCP Capital observed. Risk-Off Wave Hits Bitcoin — QCP Capital Reports Job Data Sparking Market Turmoil Bitcoin (BTC) saw a precipitous descent, dipping below $95,000, in the wake of surprisingly resilient U.S. job figures, as perSource link
XRP Market Update: Short Sellers Capitalize on Bearish Trends Below $2.30
XRP is trading at $2.19 to $2.25 over the last hour, with a 24-hour trading volume of $7.85 billion, a market cap of $127 billion, and an intraday price range of $2.21 to $2.35, reflecting notable bearish trends across all major timeframes. XRP XRP’s daily chart demonstrates a prevailing downtrend, with consistent lower highs andSource link
Sol Strategies Invests $25 Million CAD in Solana Ecosystem
A credit facility worth $25 million CAD has been obtained by Sol Strategies to purchase Solana tokens. Sol Strategies Goes Big on Solana Sol Strategies Inc., a Canadian holding company that invests in the Solana ecosystem announced that it has received a $25 million CAD unsecured, revolving demand credit facility to be used exclusively forSource link
Bitcoin Technical Analysis: Bulls Face an Uphill Battle as Resistance Looms at $98,000
Bitcoin is trading at $94,790 to $95,277 over the two hours with a market cap of $1.88 trillion, 24-hour volume of $67.64 billion, and a 24-hour intraday range between $94,511 and $98,202. Bitcoin Bitcoin‘s hourly chart indicates a recent steep decline from $102,017, with support forming near $94,500, suggesting a period of potential accumulation. ResistanceSource link