The post Binance and TRON Price Analysis, Everlodge’s New AI Tool to Discover Emerging Property Markets appeared first on Coinpedia Fintech News
TRON (TRX) saw a major milestone as it reached a 90% price upswing in the past year and has seen exponential growth in its ecosystem. As a result, many have begun seeing it as a diversification opportunity, especially after Binance (BNB) dipped in value following the departure of its Founder and CEO.  Everlodge (ELDG) is …

Binance and TRON Price Analysis, Everlodge’s New AI Tool to Discover Emerging Property Markets

The value of ORDI has increased significantly during the last week, more than tripling, following an astonishing climb. This noteworthy increase aligns with the upward trend of Bitcoin’s value, adding to the cryptocurrency’s recent surge in popularity. A remarkable occurrence was the overnight rise of ORDI to an unprecedented all-time high, which injected excitement into its recent performance. Based on the Ordinals protocol of Bitcoin, the token is by far the largest BRC-20 asset. It reached a new peak price of $49.05 today, according to CoinGecko data, after rising 16.3% over the previous day and an astounding 148% over the previous seven days. The fact that ORDI has increased by more than 500% during the past 30 days is similarly astounding. Related Reading: Solana TVL Balloons To Over $600 Million – What This Means For SOL Price ORDI Surges: Technicals Mirror Bitcoin’s Bull Market The market value of ORDI has increased by more than 380% in the past year. These performance gains have demonstrated a significant relationship with the characteristics of the Bitcoin market, raising the prospect that ORDI may follow Bitcoin’s lead during the bull market. Furthermore, one important technical indication is to support the optimistic viewpoint. The 4-hour chart’s Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) both show positive movements. ORDIUSD currently trading at $48.82 territory on the daily chart: TradingView.com Interestingly, the RSI reached 90.24, indicating an overbought state that can indicate a possible decline in price. On the other hand, the MACD’s bullish momentum suggests that there is still buyer interest and that the price will probably continue to rise. ORDI has had tremendous growth since its founding as a technical experiment on Bitcoin in early 2023. With a $903 million market capitalization, ORDI is the most valuable cryptocurrency by market valuation, ranking it 63rd overall and first within the BRC-20. Regarding social dominance, Santiment data indicates that ORDI has had an upward trend. ORDI Doubles In A Week Alongside Bitcoin’s 20-Month Highs ORDI’s recent surge, fueled by adoption from major exchanges like Binance and OKX, saw its largest increase in the past week, doubling in price. This coincided with Bitcoin reaching its highest point in 20 months, exceeding $42,000. Bitcoin’s 20% rise over the past month, currently at around $41,800, further emphasizes the synchronized momentum of both cryptocurrencies since ORDI’s launch. Source: Dune Analytics Thanks in part to increased activity on the Ordinals protocol, market analysts continue to have a positive outlook for ORDI. With a varied content library and over $46 million in total inscriptions as of writing, ORDI’s popularity inside the Bitcoin network has increased in tandem with the rise in transaction fees. It is a crucial component of the network. Related Reading: Ethereum Breaks Through $2,200 Ceiling, Investors Expect $3,000 This Week Source: Coincodex Meanwhile, Coincodex predicts a 104% increase to $55.74 during the course of the following year. ORDI would have reached a new all-time high following its most recent breakout, which coincided with price discovery. (This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from Freepik

ORDI Rockets To Unprecedented Peaks Alongside Bitcoin’s $42,000 Breakthrough

The world’s largest crypto exchange Binance on Wednesday said it is launching zero-fee trading for six FDUSD spot and margin pairs amid the ongoing crypto market rally. The crypto exchange plans to launch zero-fee trading initially for crypto — Ethereum (ETH), XRP, BNB, Solana (SOL), Dogecoin (DOGE), and Chainlink (LINK). Binance Announces Zero-Fee Trading For FDUSD 
The post Just-In: Binance Launches Zero-Fee Trading For XRP, ETH, SOL, DOGE, LINK, BNB appeared first on CoinGape.

Just-In: Binance Launches Zero-Fee Trading For XRP, ETH, SOL, DOGE, LINK, BNB

A recent update from the Internal Revenue Service (IRS) crime unit reveals that its investigation unit, which played a pivotal role in the investigation of Binance Holdings Ltd., is currently witnessing a notable uptick in cases related to cryptocurrency tax evasion. Jim Lee, the chief of the IRS’s criminal investigation division, shared this information during 
The post Crypto Tax Frauds on IRS Radar Amid Market Boom appeared first on CoinGape.

Crypto Tax Frauds on IRS Radar Amid Market Boom

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ AscendEX Listings: Myro (MYRO)   Binance Listings: Anchored Coins (AEUR   BitForex Listings: […]
The post Crypto Exchange Listing and Delisting Announcements: December 4, 2023 appeared first on Cryptonews.

Crypto Exchange Listing and Delisting Announcements: December 4, 2023

The costs of sending Bitcoin to a wallet like Ledger or an exchange like Binance depend on various factors, most importantly the level of congestion on the Bitcoin network. Find the answers to the most common questions users have about transferring crypto.

The Cost to Send Bitcoin to Another Wallet Like Ledger or Transfer Crypto to an Exchange Like Binance

Binance’s reputation has been a top concern for the exchange’s user base and cryptocurrency market. Although it has maintained its position as one of the most valued exchanges in the world, recent developments have stirred criticism amongst users. Despite the ongoing chaos, its newest CEO is laying down its long-term plans.  In an official announcement, […]

Binance New CEO Outlines Plans For The Exchange Amidst Ongoing Market Chaos

A new research report from Binance highlights that the NFT market experienced an upswing in November, marking a turnaround from its year-long downturn with a sales volume of $0.91 billion.

Binance Research: NFTs witnessed turnaround in November, reversing year long downward trend

As LUNC keeps drawing attention, traders are also watching new gaming altcoin, TG.Casino (TGC), which has raised over $3.3 million in presale

Terra Classic rally after Binance burns 3.9b LUNC, this altcoin could also soar

"Why is the crypto industry and its biggest exchange targeted with the largest fine in financial history?" Hodder Law Firm Founder Sasha Hodder asks.

Do you think Binance and CZ have been treated fairly by the U.S.?
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PEPE is among the best-performing crypto assets, rising around 20% in the past 24 hours.

Important Binance Update the Reason for PEPE’s 20% Increase Today

With Binance founder Changpeng "CZ" Zhao gone, the new CEO has big shoes to fill as he's tasked with cleaning up the reputation of the world's largest crypto exchange.

Richard Teng: Steering Binance in a New Era of Compliance


                        
                    
                                    Cointelegraph sat down with Trust Wallet CEO Eowyn Chen to talk about how Web3 can become a better experience for everyone. 
                    Bringing the global crypto and blockchain communities together in Istanbul, Turkey, the Binance Blockchain Week 2023 was a clear indicator that the Web3 ecosystem continues to grow regardless of price movements. Despite being a Binance event, the conference housed several key players from the crypto industry. Among them was Trust Wallet, a decentralized Web3 wallet provider acquired by Binance back in 2018. Since its acquisition, Trust Wallet has been widely seen as “the wallet arm of Binance.” This is why the Binance Blockchain Week visitors were caught off-guard when the crypto exchange announced its own Web3 wallet. Trust Wallet CEO Eowyn Chen — a former vice president at Binance — clarified that “Binance focuses on the centralized, while Trust Wallet works toward the decentralized ecosystem,” adding that Trust Wallet has a neutrality that can serve and partner with anyone in the crypto industry.“We think that keeping that independence and distance is the best way to keep the culture and the talents running for its own mission.”Trust Wallet was born in 2017 during the initial coin offering craze due to the need for an accessible mobile wallet, Chen said. Cointelegraph sat down with Trust Wallet CEO Eowyn Chen during Binance Blockchain Week Istanbul. Source: Cointelegraph“Recently, we became a sister company of Binance rather than operating under Binance because we can have a better playing field,” Chen explained. “Scammers provide better customer support”Compared to fixing the user experience, solving the security issues across Web3 is trickier, according to Chen. Read more

Trust the best strategy in crypto bear market — Trust Wallet CEO

The cryptocurrency trader and analyst that goes by the X username il Capo Of Crypto revealed in a post yesterday that he is bearish towards Binance Coin (BNB). According to the post, many indicators such as “PA, heatmaps, IO and fundings are similar to FTT or LUNA before the crash.” In a post last year, […]
The post BNB Continues to Rise While Analyst Shares His Bearish Outlook appeared first on Coin Edition.

BNB Continues to Rise While Analyst Shares His Bearish Outlook

In a strategic move to capitalize on the booming crypto market, Binance, the world’s leading cryptocurrency exchange, has announced the addition of new trading pairs, including the much-anticipated spot trading pair, LUNC/TRY. This revelation comes amid a remarkable surge in Terra Classic (LUNC) values, witnessing an impressive surge within the last 24 hours. So, let’s 
The post Binance Lists LUNC, IOTA, & Other Spot Trading Pairs As Terra Classic Price Rallies appeared first on CoinGape.

Binance Lists LUNC, IOTA, & Other Spot Trading Pairs As Terra Classic Price Rallies

Quick Take The digital asset market has just witnessed a significant financial reset as over $214 million was liquidated in just 24 hours, with $166 million pertaining to short positions. The major player in this shakeout is none other than Bitcoin, shouldering the brunt with $84 million. Simultaneously, Binance has found itself at the heart […]
The post Over $200 million liquidated in crypto market as shorts takes the hit appeared first on CryptoSlate.

Over $200 million liquidated in crypto market as shorts takes the hit

The post Crypto Analyst Michael van de Poppe Forecasts $3,500 for Ethereum, Novogratz Calls Binance Settlement a Net Positive appeared first on Coinpedia Fintech News
Just like Bitcoin, Ethereum has enjoyed positive price forecasts as the market looks bright. Michael van de Poppe, in a recent tweet, predicted a price increase to $3,500 for Ethereum.  Moreover, Mike Novogratz has enthusiastically expressed his belief that the Binance settlement will have a profoundly positive impact on the cryptocurrency market, fueling optimism and …

Crypto Analyst Michael van de Poppe Forecasts $3,500 for Ethereum, Novogratz Calls Binance Settlement a Net Positive

The Ripple (XRP) enthusiast that goes by the pseudonym JackTheRippler on X revealed in a post earlier today that XRP was close to surpassing Binance Coin (BNB) in terms of market cap. In the post, he included a snapshot, which showed that XRP’s valuation stood at $33.68 billion. This was just behind BNB with its […]
The post XRP Could Soon Overtake BNB in Ranking as Technicals Align appeared first on Coin Edition.

XRP Could Soon Overtake BNB in Ranking as Technicals Align

TLDR  Binance will end support for BUSD products on December 15, 2023, and withdrawals will be disabled on December 31. BNB has been gaining traction and is tipped to end the year above $240. NuggetRush appeals to enthusiasts due to its blend of P2E and memecoin, with its price expected to increase by 4,000%. Binance […]
The post Binance to Delist and End Support for BUSD in December; BNB Gathers Momentum Amid Low Sentiment; NuggetRush Becomes Meme Enthusiasts’ Favorite appeared first on Cryptonews.

Binance to Delist and End Support for BUSD in December; BNB Gathers Momentum Amid Low Sentiment; NuggetRush Becomes Meme Enthusiasts’ Favorite

Digital assets worth just over $343 million were stolen from digital asset platforms in November alone. Centralized exchanges accounted for 53.8% of the total losses, with decentralized exchange platforms accounting for the remainder. The 34 attacks on BNB Chain and Ethereum represented 83% of the total losses across targeted chains. Highest Monthly Loss to Date […]

Digital Assets Worth $343M Stolen From Crypto Exchange Platforms in November — Study

In a remarkable surge, Bitcoin’s price has soared past the $41,500 mark, fueled by a confluence of factors ranging from market anticipation of a Bitcoin spot ETF to broader financial trends. Here’s a detailed analysis of the key reasons behind this rally: #1 Spot Bitcoin ETF: The Anticipation Game The buzz around the approval of a spot Bitcoin ETF remains probably the most significant driver of the recent price surge. Although there hasn’t been a specific update, the market anticipation is palpable, with a FOMO effect kicking in. Last week, Bloomberg analyst James Seyffart suggested that a spot ETF is likely to be approved between January 8 and 10, causing the market to react. Renowned Bitcoin analyst Willy Woo mirrored the anticipation with this statement, “It’s very likely we are on the eve of a Bitcoin spot ETF. The first commodity ETF was SPDR Gold Trust. It provided a simple way for investors to access gold in their portfolio. When it launched gold went on to an 8 year rally with no single down year between 2005 – 2012.” #2 Gold’s Meteoric Rise And Its Correlation With BTC The unexpected rise of gold, surging by 3.5% in just 30 minutes to a new all-time high on a Sunday afternoon, may have also had repercussions for Bitcoin. This rapid ascent in gold’s value could signal more than just market fluctuations; it could reflect deeper economic shifts that have direct implications for Bitcoin. Related Reading: Over 80% Of Bitcoin Holders Now In Profit – Report Crypto Analyst @TheFlowHorse remarked, “Unless someone is getting carried out right now after shorting Gold, this is saying something important. Gold doesn’t just arbitrarily rip on a Sunday like this unless it means something.” Tom Crown, founder and CEO of Crown Analysis, added, “Something VERY BIG is coming tomorrow. Gold just BLASTED past all-time highs on a Sunday night. Someone knows something.” #3 Bitcoin Short Squeeze The liquidation of $65.15 million in Bitcoin short positions, according Coinglass data, has further propelled Bitcoin’s price. The short squeeze, combined with strong spot demand, has been a key factor. Crypto analyst Skew noted, “Another big short squeeze pushing price above $40K. Slight perp premium on Binance during the squeeze, indicating spot selling into the short squeeze.” #4 Whales And Institutional Buyers The current surge in Bitcoin’s price has been significantly influenced by whales and institutional buyers. Market analyst Skew pointed out their impact, stating, “Someone is still aggressively chasing price here. More importantly if said large market entity actually allows some bids to get filled or not. IF filled then expected for them to push the price higher. Clearly $40K is the price for institutional players.” Related Reading: Bitcoin’s Bullish Surge Ahead: Deribit Predicts Major Price Leap In Early 2024 Keith Alan, co-founder of Material Indicators, further emphasized the role of these large holders, tweeting, “Bitcoin Whales just blasted through $40k.” His statement underlines the significant influence whales have in driving up Bitcoin’s price. He added, “Locking in some profit here. $42k is a high probability, but definitely not guaranteed.” Additionally, GreeksLive, a trading tools provider, noted the broader market trend, stating, “Bitcoin broke through $41,000, Ethereum broke through $2,200… The giant whale once again showed a sense of smell before the market.” December saw a rise beyond expectations, bitcoin broke through $41,000, ethereum broke through $2,200, and continued to rise almost without retracement.The giant whale once again showed a sense of smell before the market, from last week to re-add positions in the block call,… https://t.co/EO6MddoNXX pic.twitter.com/ekD4LiLExs — Greeks.live (@GreeksLive) December 4, 2023 #5 Liquidity: The Underlying Force The surge in Bitcoin’s price is also significantly influenced by global liquidity conditions, a factor often overlooked but crucial in understanding BTC and cryptocurrency market dynamics. Zerohedge highlighted the scale of this influence in a post: “In November, central banks added $350BN in liquidity, the third-largest increase since March.” This massive injection of liquidity by central banks around the world plays a pivotal role in asset price movements, including cryptocurrencies like Bitcoin. David Marlin, CEO of Marlin Capital, pointed out the significance of this trend in financial conditions, “US Financial Conditions eased 90 bps in November, the largest monthly easing on record (dating back to 1982).” Adding to this narrative, cryptocurrency expert Charles Edwards commented on the historic nature of this easing, saying, “November saw the largest easing in over 40 years!” Such a significant easing of financial conditions suggests a highly conducive environment for investment in assets like Bitcoin, which are seen as hedges against inflation and currency devaluation. Arthur Hayes, founder of BitMEX, summed up the sentiment by stating, “Eye on the prize. RRP balances continue to fall and BTC continues to pump. Yachtzee!!!” At press time, BTC traded at $41,505. Featured image from Shutterstock, chart from TradingView.com