Binance expands lending options with USUAL token and stablecoin investment. As of Dec. 25, 2024, Binance announced that the Usual protocol (USUAL) token would be added as a new borrowable asset under its Pledged Loan program. The move hopes to…
Binance expands lending options with USUAL token and stablecoin investment. As of Dec. 25, 2024, Binance announced that the Usual protocol ( USUAL ) token would be added as a new borrowable asset under its Pledged Loan program. The move hopes to increase borrowing flexibility by enabling users to use assets from Binance Earn —Binance’s platform for earning rewards on crypto holdings—as collateral and benefit from real-time annualized returns. The inclusion of USUAL into Binance’s flexible lending portfolio is in line with the platform’s growing focus on stablecoin innovation. Recently, Binance Labs invested in the Usual protocol, a decentralized stablecoin issuer backed by real-world assets . This partnership strengthens Binance’s commitment to incorporating cutting-edge technologies and assets into its ecosystem, offering further opportunities for users. You might also like: Binance announces Fantom to Sonic token swap and rebranding timeline Known for its dynamic structure, the Pledged Loan feature—also referred to as the Demand Rate—enables users to manage loans with adaptable terms. Loan rates are updated every minute, ensuring both transparency and flexibility. With a minimum loan amount set at just one USDC equivalent, the service is accessible to a broad range of users. To properly comprehend the terms and risks involved, users are recommended to consult Binance’s official loan FAQs and guidelines . Borrowers are encouraged to proceed with caution and make informed decisions. You might also like: Binance Labs invests in Perena to boost Solana stablecoin adoption
Cryptocurrency analyst Timothy Peterson predicted a potential “Santa rally” for Bitcoin in a Twitter post, citing three key indicators. Peterson cited historical trends, market seasonality, and the performance of the US dollar as factors that point to a strong Bitcoin rally during the holiday season. Dollar’s Weakening Momentum: The analyst noted that the US Dollar Index (DXY) is approaching a recent high and there is an 85% chance it will reverse soon. Historically, a declining dollar has an inverse relationship with Bitcoin, as declining global demand for the USD often pushes investors toward alternatives like cryptocurrencies. “A weaker dollar is often associated with stronger Bitcoin performance,” Peterson said. Related News: Developers on Solana Revealed the Altcoins Developers Are Most Focused on - Here's the List Bitcoin Seasonal Resistance: The analyst said that Bitcoin has historically performed positively in the last week of December. Data shows that Bitcoin tends to perform well from December 25 to January 2, with exceptions being both rare and mild. Peterson also noted that since 2015, Bitcoin has gained in November 100% of the time, and has also gained in December. This trend could see Bitcoin perform an average of 10% in December, pushing its price to $106,000 by the end of the year. Historical Cycle Examples: Peterson drew parallels with the 2016 and 2020 bull market cycles, stating that Bitcoin’s current price trajectory closely mirrors those periods. He suggested that Bitcoin is poised for a significant upward move consistent with the “January effect,” where markets typically see renewed buying interest following year-end tax losses. *This is not investment advice. Continue Reading: Is a “New Year’s Rally” Coming for Bitcoin? Analyst Timothy Peterson Reveals
The post Bitcoin Almost Hits $100K Triggering a Christmas Rally: Will it Close the Yearly Trade Above the Range? appeared first on Coinpedia Fintech News Has Bitcoin bull run re-instigated? Will the BTC price rise and form a new ATH before the end of 2024? The market participants remained vigilant over the crypto markets, specifically the Bitcoin price rally, as they tend to look out for these answers. While the market volatility varied, the star token had failed to gain the required buying pressure. However, the latest rise suggests the bulls tried hard to reclaim the $100K spot but the bears, who seem to have capitulated to these levels, prevented the token from doing so. Now that the token displayed a Christmas rally, the year-end rise is expected to revive a strong rise, marking new highs. While the BTC price displayed uncertainty, the spot ETFs witnessed a massive sell-off. BlackRock sold over $188 million worth of BTC, which is one of their biggest sell-offs since the start.Besdies, the total sell-offs also marked the peak of over $338 million but the price recovered from $94,000 to $99,000. Regardless of this, BlackRock and Fidelity collectively hold over $50 billion in Bitcoin, which could keep up the bullish hopes over the rally. The BTC price in the short term suggests the price may be subject to a small pullback as the stochastic RSI has reached the oversold levels. Hence, the levels are about to drop and after a bullish crossover, the DMI levels are close to undergoing a bearish crossover. Therefore, the Bitcoin price is expected to undergo a small pullback and drop below $96,000 in the next couple of days. However, this pullback could be an opportunity to accumulate at the lower range. The crypto markets are heading towards the end of the year, which usually attracts a good buying volume. However, the volume over the platform remains lower, which suggests the bullish participation remains restrictive at the moment. Hence, a rise in the volume is expected to trigger the volatility, which is much required for a healthy bullish close for the year, probably above $100K.
Cardano (ADA) continues to struggle below the $1 threshold as investor sentiment remains weak, signaling potential challenges ahead for this altcoin. The price has been consolidating in a narrow range
A top crypto strategist thinks the digital asset market is in a position to witness a bullish continuation even as Bitcoin ( BTC ) trades below $100,000. Pseudonymous analyst The Flow Horse tells his 251,400 followers on the social media platform X that he believes the doors are open for Bitcoin and altcoins to spark surges. “The window of opportunity is between now and the second week of January for things to pop.” The analyst’s outlook stems from the idea that traders believe the incoming Donald Trump presidential administration will be incredibly bullish for crypto. Trump has signaled that under his administration, the US government’s anti-crypto agenda would end, and he has even suggested a Bitcoin treasury to help get the country’s finances in order. But the analyst highlights that his predicted window for crypto rallies will close just days before Trump’s inauguration. He argues that traders will likely be in for a rude awakening after Trump takes over the White House on January 20th, 2025 “The market had to some degree priced in a most fairytale scenario – one where the United States establishes a Bitcoin reserve and Lummis’s bill passes smoothly. However, as reality sets in, that optimistic positioning will likely fade, especially as it becomes clear that Trump will encounter significant resistance in pushing many of his initiatives through. This is a good thing.” The analyst also warns that he thinks crypto will print a local top around the time Trump officially begins his second term as US president. “Like I see no one open to the idea that we are very close (weeks to a quarter) to a nice top. Just people under the impression that because of Trump the markets have to go up.” Looking at the macro landscape, The Flow Horse says capital is still expensive compared to the 2020 cycle when the Fed was forced to drop interest rates close to zero due to the Covid-19 pandemic. “If you believe this cycle will surpass the previous one wildly, you should have a clear thesis explaining how it achieves this without the support of the robust credit markets that helped the prior.” At time of writing, Bitcoin is trading for $94,455. Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Featured Image: Shutterstock/wangmando/phanurak rubpol The post Top Analyst Now Sees Window of Opportunity for Bitcoin and Altcoins To Pop – But There’s a Catch appeared first on The Daily Hodl .
Ethereum ETFs outperformed Bitcoin ETFs on Christmas Eve
TRON has seen growth in stablecoin transfers, lending, and daily network transactions.
Remittix (RTX) has quickly sold over $380,000 tokens of its viral crypto presale in just 3 DAYS highlighting the surging interest in PayFi solutions. Meanwhile, Toncoin has attracted attention with positive recovery signs, and analysts are optimistic about Polkadot’s future price movements. This exciting momentum across major cryptocurrencies presents a prime opportunity for investors to engage with some of the most promising projects in the digital finance space today. Toncoin (TON) Holders Redirect Their Funds to Remittix Toncoin presents an exciting opportunity for savvy investors to buy low and position themselves for potential gains. Once celebrated as one of the year’s standout performers, Toncoin faced a dramatic decline following Pavel Durov’s arrest in August. However, the token shows early signs of a rebound, suggesting it could regain its footing. This has fueled optimism for Toncoin’s recovery. Even though the token’s value has fallen considerably, this downturn might be the time for investors to get in at a bargain price. Analysts think that Toncoin could be among the fastest cryptocurrencies to grow in 2025, making its low price an attractive entry point. Despite its promise, Toncoin faces challenges as investor sentiment has soured on platforms like CoinMarketCap. Over the past month, the token has shed 7.25% of its value. A closer look at the past week reveals an even steeper 21.52% decline. These numbers paint a grim picture, prompting many to reconsider their positions. Some investors, discouraged by Toncoin’s bearish trajectory, redirect their funds to promising prospects like Remittix. Polkadot (DOT) Teams Up With Velocity Labs to Establish Magic Ramp Polkadot has struggled this year; experts blame volatility for the poor price performance. However, the tide changed in the year’s final quarter, as DOT posted a 100% gain. A sharp correction then followed, cutting its value by over 30%. Despite this setback, Polkadot’s ecosystem remains alive and well-represented by the Polkadot Relay Chain, which processes 32 million monthly transactions. In a new development, Velocity Labs partnered with Harbors to provide “Magic Ramp,” a stablecoin payment method. This innovation links Polkadot’s blockchain to SEPA Instant payment rails, unlocking low-cost and efficient payment solutions. Magic Ramp allows seamless transactions between euros and USDC within 30 seconds, bridging traditional financial systems with Web3 technology. This collaboration also enables developers to connect the Polkadot Asset Hub to SEPA Instant payment rails in Europe. Remittix Focuses On Fiat & Crypto To Outperform Competitors Remittix (RTX) is a crypto protocol transforming global finance with its innovative PayFi protocol, offering seamless solutions for individuals and businesses. Unlike platforms like Stripe, Wise, or Coinbase, which focus solely on fiat or crypto, Remittix effortlessly bridges both worlds. This protocol allows users to convert over 50 cryptocurrencies into fiat currencies and send cash directly to any global bank account. This simplifies transactions, making them straightforward, efficient, and cost-effective. Remittix provides businesses with groundbreaking tools to streamline operations. The Remittix Pay API enables businesses to accept crypto payments while automatically settling them in fiat directly into designated bank accounts. Merchant accounts can also be established, giving businesses full control over cash-out preferences. Businesses have access to 30+ fiat currencies and over fifty cryptocurrency pairs, allowing for unprecedented flexibility and efficiency in managing their finances. The core of Remittix’s ecosystem is the $RTX token. $RTX holders have governance rights to shape its development and can stake their tokens to generate as much as 20% APY. To ensure trust and security, $RTX has undergone rigorous audits by SolidProof and BlockSAFU. The team has locked tokens and the liquidity pool for three years, showcasing their commitment to long-term stability and investor confidence. The $RTX token sells in its presale phase for $0.0156, causing considerable buzz in the crypto community with many believing the price will never reach these low levels again. Experts predict a 900% increase in presale and a 5,000% increase upon listing on centralized and decentralized platforms. Remittix isn’t simply enhancing payment systems—it is altering how individuals and companies send cash all over the globe. Discover the future of PayFi with Remittix by checking out their presale here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix The post Remittix Rapidly Sells Out Stage 1 Of Crypto Presale As Interest In PayFi Explodes; Toncoin News & Polkadot Price Prediction appeared first on TheCoinrise.com .
Victoria, Seychelles, December 25th, 2024, Chainwire Bitget , the leading cryptocurrency exchange and Web3 company, has announced the addition of HIVEUSDT perpetual futures to its trading platform. The contract, available from December 23, 2024, at 4:00 PM (UTC+8), offers up to 20x leverage and is compatible with advanced trading bots, providing users with flexible strategies for navigating the market. This latest addition reinforces Bitget’s commitment to expanding its suite of perpetual futures offerings, catering to both experienced traders and newcomers seeking diverse trading tools. HIVEUSDT Futures Details Launch Date : December 23, 2024, at 4:00 PM (UTC+8) Leverage : Up to 20x Settlement Asset : USDT Tick Size : 0.0001 Funding Fee Settlement : Every eight hours Availability : 24/7 The HIVEUSDT contract parameters, including leverage and maintenance margins, are subject to adjustments based on prevailing market risks. Futures Trading Ecosystem at Bitget Bitget offers a robust futures trading environment, accommodating a range of strategies through its diverse product lineup: USDT-M Futures : Unified account equity with multiple pairs settled in USDT. Coin-M Futures : Use the underlying cryptocurrency as collateral and settlement. USDC-M Futures : Trade with USDC for settlement and margin. By introducing advanced trading bot compatibility, Bitget enables users to automate and optimize their futures trading experience across its platform, whether on the official website or the Bitget app. Expanding Accessibility to HIVE Futures The launch of HIVEUSDT perpetual futures further aligns with Bitget’s strategy to expand its futures ecosystem, providing traders access to a wider range of market opportunities. With continuous updates and innovations, Bitget maintains its position as a top destination for futures trading in the cryptocurrency space. About Bitget Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price , Ethereum price , and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more. Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA , in EASTERN, SEA and LATAM market, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency. For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet For media inquiries, please contact: media@bitget.com Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use . Contact Public Relations Media Bitget media@bitget.com