BingX Crypto & Financial News
Blockchain activity shows mixed signals, according to a Glassnode report. The number of active addresses has declined slightly, while transfer volumes adjusted for organizational activity have surged beyond historical limits, indicating increased capital movement.β¦
According to a Glassnode report, profitability indicators for Bitcoin are steadily improving, with a growing percentage of supply returning to profit and unrealized losses diminishing. The pressure to sell at a loss has reduced significantly, signaling a gradual enhancement in holder sentiment. Bitcoin is transitioning from a correction phase into a cautious consolidation stage. Despite rising participation rates and increased institutional inflows, underlying demand on the blockchain remains subdued, leaving the market susceptible to volatility and the potential for profit-taking as it seeks stabilization.
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BingX Crypto & Financial News
Blockchain activity shows mixed signals, according to a Glassnode report. The number of active addresses has declined slightly, while transfer volumes adjusted for organizational activity have surged beyond historical limits, indicating increased capital movement.β¦
According to a Glassnode report, profitability indicators for Bitcoin are steadily improving. An increasing share of the supply is in profit, unrealized losses are declining, and the pressure to sell at a loss has diminished, suggesting a gradual enhancement in holder sentiment. Bitcoin is transitioning from a correction phase into a cautious consolidation period. Despite rising participation rates and institutional inflows, underlying blockchain demand remains subdued, leaving the market susceptible to volatility and potential profit-taking as it seeks stability.
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U.S. government may seize Venezuela's Bitcoin and cryptocurrency holdings, CNBC reports.
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LIT Lighter begins redemption process using fees earned from the protocol.
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Summary for today and upcoming events for tomorrow β https://t.me/bingx1/2147483647
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BingX Crypto & Financial News
The Senate has postponed consideration of the cryptocurrency market structure legislation until 2024. coindesk #regulation
TD Cowen reports that cryptocurrency market legislation may be delayed until 2027, with implementation expected to begin in 2029. theblock.com #regulation
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Whale and Institutional Transactions:
Bitmine has staked an additional 186,336 ETH, valued at approximately $604.5 million, bringing its total staked ETH to 779,488, worth around $2.51 billion.
Three new wallets have withdrawn 752 BTC, valued at about $70.3 million, from Binance and OKX.
Bitmine has staked an additional 186,336 ETH, valued at approximately $604.5 million, bringing its total staked ETH to 779,488, worth around $2.51 billion.
Three new wallets have withdrawn 752 BTC, valued at about $70.3 million, from Binance and OKX.
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BingX Crypto & Financial News
From December 29 to January 2, net inflows into spot Bitcoin ETFs totaled approximately $497.05 million, while inflows into spot Ether ETFs reached around $643.97 million.
Yesterday, spot Bitcoin ETFs saw total net inflows of approximately $697.3 million, while spot Ethereum ETFs experienced net inflows of around $168 million.
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BingX Crypto & Financial News
From December 29 to January 2, net inflows into spot Bitcoin ETFs totaled approximately $497.05 million, while inflows into spot Ether ETFs reached around $643.97 million.
Bitcoin spot ETFs saw approximately $697.3 million in net inflows yesterday, while Ethereum spot ETFs experienced net inflows of about $168 million.
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BingX Crypto & Financial News
The Bitcoin fear and greed index stands at 28, signaling a state of fear in the market.
The Bitcoin fear and greed index stands at 44, signaling a state of fear in the market.
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A trader turned a $321 investment into $2.18 million over 11 days, realizing a return of approximately 6,800-fold. During this period, the trader acquired 45.58 million units of token #114514. The token is now valued at $2.18 million.
Since yesterday, #114514 has ranked among the top assets favored by institutional investors on the Solana blockchain. It first appeared in this category at 10:22 Moscow time, and its value has surged by roughly 1,300%.
Since yesterday, #114514 has ranked among the top assets favored by institutional investors on the Solana blockchain. It first appeared in this category at 10:22 Moscow time, and its value has surged by roughly 1,300%.
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A trader turned an initial investment of $321 into $2.18 million over 11 days, reflecting a return of approximately 6,800 times the original amount. During this period, the trader allocated $321 to acquire 45.58 million units of #114514, currently valued at $2.18 million.
Since yesterday, #114514 has consistently ranked among the top assets in Smart Money purchases on Solana, entering this category at 10:22 Moscow time. Since then, its value has surged roughly 1,300%.
Since yesterday, #114514 has consistently ranked among the top assets in Smart Money purchases on Solana, entering this category at 10:22 Moscow time. Since then, its value has surged roughly 1,300%.
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Upbit Launches ZK Trading Support for KRW, BTC, and USDT Markets
Upbit has announced the introduction of trading support for ZK tokens across KRW, BTC, and USDT markets. The update enables traders to access ZK trading pairs on the platform. The current BTCUSDT price stands at 93,398.4.
For more details, visit the official notice here: upbit.
Upbit has announced the introduction of trading support for ZK tokens across KRW, BTC, and USDT markets. The update enables traders to access ZK trading pairs on the platform. The current BTCUSDT price stands at 93,398.4.
For more details, visit the official notice here: upbit.
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China imposes export controls on dual-use technology to Japan amid ongoing trade tensions.
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BTC is currently trading below the average price of coins last moved 6-12 months ago. Historically, when prices dip below this threshold, the overall trend tends to turn bearish, suggesting increased risk of further declines. A rise above this level, approximately $100,000, could signal a shift in market dynamics, often indicating a move toward a bullish trend.
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π #BTC C.Q.: BTC is currently trading below the average price of coins last moved 6-12 months ago. Historically, when the price drops below this threshold, a bearish trend has often followed, suggesting increased risk of further decline. A move above this level, approximately $100,000, could signal a structural shift in the market, potentially indicating a bullish reversal.
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BingX Crypto & Financial News
Ethereum reaches new daily transaction high of 2.2 million, with average fees dropping to $0.17, the lowest since May 2022 peak of over $200. Meanwhile, the staking withdrawal queue declined below the staking queue for the first time in six months, and ETHβ¦
ETH staking withdrawal queue drops to zero; pending withdrawals decline from peak of 2.67 million ETH in mid-September. The wait time has shortened to minutes. Concurrently, new staking interest rises to 1.3 million ETH, the highest since mid-November, indicating increased participation from large holders.
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BingX Crypto & Financial News
Ethereum reaches new daily transaction high of 2.2 million, with average fees dropping to $0.17, the lowest since May 2022 peak of over $200. Meanwhile, the staking withdrawal queue declined below the staking queue for the first time in six months, and ETHβ¦
The queue for withdrawing ETH from staking has fallen to zero, a significant decline from the peak of 2.67 million ETH observed in mid-September. Current wait times are now measured in minutes. Concurrently, the amount of ETH seeking to be staked has increased to 1.3 million, reaching its highest level since mid-November, indicating growing interest among large holders to stake their ETH.
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The TON Foundation has partnered with OpenPayd to build a global infrastructure for managing fiat currencies. More details are available at The Fintech Times.
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