Author: Andrei Ionescu
Binance has announced the addition of five new trading pairs to its Spot trading platform, further expanding trading options for users. Starting February 18, 2025, at 08:00 (UTC), Binance will enable trading for the following pairs: Trading Bots Integration To enhance trading efficiency, Binance will also activate Trading Bots services for these newly listed pairs at the same time. These include Spot Algo Orders, allowing users to automate their trading strategies. The latest expansion reflects Binance’s commitment to offering more trading choices and optimizing the user experience in an increasingly dynamic crypto market.
Michael Saylor’s firm now holds 478,740 BTC after latest purchase MicroStrategy (MSTR) has resumed its aggressive Bitcoin accumulation, purchasing 7,633 BTC worth $742.4 million, according to Executive Chairman Michael Saylor. The latest acquisition brings the company’s total Bitcoin holdings to 478,740 BTC, reinforcing its status as the largest corporate holder of the cryptocurrency. Saylor announced the purchase on X (formerly Twitter), revealing an average purchase price of $97,255 per BTC, which increased MicroStrategy’s overall average acquisition cost to $65,033 per BTC. A Brief Pause Before Resumption The company had paused purchases in the week ending Feb. 2, likely due to…
A critical bitcoin (BTC) momentum indicator that previously signaled a breakout to $70,000 has now turned bearish, coinciding with escalating trade war rhetoric from former U.S. President Donald Trump. While the indicator’s shift isn’t an immediate cause for concern, macroeconomic factors could introduce market volatility in the coming weeks. MACD Turns Negative, but Bitcoin Holds Key Range The Moving Average Convergence Divergence (MACD) histogram, a widely used technical analysis tool for measuring trend strength and changes, has flipped negative on bitcoin’s weekly chart. The MACD is derived by subtracting BTC’s 26-week average price from its 12-week average, with a signal…
Semler Scientific (NASDAQ: SMLR) has significantly expanded its Bitcoin treasury, purchasing an additional 871 BTC for $88.5 million, the company announced on Monday. The acquisition was funded using proceeds from its January 2025 senior convertible notes offering, with an average purchase price of $101,616 per Bitcoin. This latest purchase brings Semler Scientific’s total Bitcoin holdings to 3,192 BTC, acquired at an aggregate cost of $280.4 million, with an average purchase price of $87,854 per Bitcoin. Impressive Bitcoin Yield of 152.2% According to the company’s press release, Semler Scientific’s Bitcoin yield stands at an impressive 152.2%. This yield reflects the percentage…
The stablecoin market has surged past $200 billion, marking a record high and signaling potential bullish momentum for the broader cryptocurrency sector, according to CryptoQuant. Stablecoins Fuel Crypto Liquidity Growth Stablecoins—digital assets pegged to traditional currencies like the U.S. dollar—serve as a crucial source of liquidity for crypto markets, enabling traders to move funds efficiently between different assets. Since early November, when Donald Trump won the U.S. election, the stablecoin market has grown by $37 billion, CryptoQuant reports. The firm suggests this liquidity expansion could trigger the next leg up for Bitcoin and other cryptocurrencies. “The next leg up for…
Binance has announced its support for the upcoming Arweave (AR) and MultiversX (EGLD) network upgrades and hard forks to ensure a seamless user experience. Arweave (AR) Network Upgrade & Hard Fork MultiversX (EGLD) Network Upgrade Important Notes for Users These network upgrades are expected to enhance the functionality and security of both blockchains, reinforcing Binance’s commitment to providing uninterrupted services.
Upbit, one of the most trusted global digital asset exchanges, has announced the listing of Virtuals Protocol (VIRTUAL) on its KRW, BTC, and USDT markets. Trading Schedule Trading Restrictions To ensure a stable trading environment, certain restrictions will be in place: Current Market Prices (as of Jan 31, 17:10 KST) AssetPrevious Closing PriceLatest PriceVIRTUAL (KRW)2,971 KRW2,984 KRWVIRTUAL (BTC)0.00001947 BTC0.00001987 BTCVIRTUAL (USDT)2.04 USDT2.07 USDT Deposit Guidelines About Virtuals Protocol (VIRTUAL) Virtuals Protocol is a blockchain project designed to create a shared ownership layer for AI agents in gaming and entertainment. Through tokenization, users can co-own AI agents they believe have potential,…
On January 30, TRON founder and HTX Global Advisory Board member Justin Sun announced on social media that TRON DAO has successfully frozen more than $26 million in funds through collaboration with law enforcement agencies. Sun emphasized that TRON’s transparent blockchain ecosystem does not facilitate money laundering, but rather makes it more difficult for illicit funds to remain hidden. “This proves that TRON’s transparency not only doesn’t aid money laundering but actually makes it harder for illegal funds to evade detection,” Sun stated. The move underscores TRON DAO’s commitment to regulatory compliance and its efforts to ensure a secure and…
Bitcoin (BTC) has the highest correlation with small-cap technology stocks, specifically those in the Russell 2000 tech sector, according to a new JPMorgan report. In an analysis led by Nikolaos Panigirtzoglou, JPMorgan analysts found that both Bitcoin and altcoins exhibit a strong correlation with small-cap tech stocks, though Bitcoin’s correlation is consistently higher. “The fact that crypto is more correlated with smaller rather than the largest tech stocks makes sense due to crypto’s reliance on venture capital (VC) funding and blockchain innovation, which is typically the focus of smaller tech firms rather than industry giants,” the analysts wrote. Crypto-Equity Market…
Avalanche’s December upgrade, Avalanche9000, has significantly lowered transaction costs, resulting in a 38% increase in daily activity on the network. Since the upgrade went live on Dec. 16, transaction fees—commonly known as gas fees—have dropped by an average of 75%, according to data from Flipside and Bitquery. The number of daily transactions has surged to an average of 354,691, reflecting greater network usage. A Major Cost-Cutting Overhaul Avalanche, a DeFi-focused proof-of-stake blockchain and the fifth-largest smart contract platform by market cap, operates a multichain structure: The upgrade included seven improvement proposals, with ACP-125 making one of the biggest impacts by…