Markets

TL;DR Binance added two new cryptocurrencies to its platform, causing a substantial price rally for the affected ones. However, those were listed with seed tags, meaning users should be increasingly cautious when entering the ecosystem. The Price Boost Binance announced the listing of the altcoins Cow Protocol (COW) and Cetus Protocol (CETUS). The newly introduced trading pairs include COW/USDT and CETUS/USDT, and clients can now start depositing. Withdrawals will be...

Following former president Trump’s 2024 election victory, the cryptocurrency market has experienced a surge in optimism and buying interest. Ethereum was no exception, with its price spiking by 10% at one point, reaching the critical resistance level of $2.5K. A sustained break above this threshold could further fuel bullish momentum. Technical Analysis By Shayan The Daily Chart On the daily chart, Ethereum saw heightened buying activity near the $2.3K support, which...

[PRESS RELEASE – Georgetown, Saint Vincent & The Grenadines, November 5th, 2024] The Infinaeon is project designed with the vision of fundamentally changing how Ethereum scaling is approached. According to the team and the community, the tokenomics behind Infinaeon are designed to prevent oversupply from resulting in negative long-term price action, and now its presale is live. In addition to this, Infinaeon offers a range of tools and features that may interest traders...

Elon Musk gave Dogecoin (DOGE) another shoutout on Joe Rogan yesterday, rocketing the coin’s price. DOGE is up 9% in the past day, showing how just a mention can initiate a buying spree. Meanwhile, crypto analysts are also hyped about Pepe Unchained (PEPU) – with one even predicting it could pump after its presale ends. Musk’s “DOGE” Comment Accidentally Triggers 9% Price Rally Dogecoin’s latest price spike proves once again that when Elon Musk speaks, the market listens....

[PRESS RELEASE – NY, United States of America, November 5th, 2024] Leading DeFi Market Maker Seeks New Clients Amidst Technological Advancements Xinteria, a pioneering decentralized finance (DeFi) company specializing in market making, announces that it has surpassed $1 billion in trading volume. This significant milestone demonstrates Xinteria’s role in shaping the DeFi landscape and its commitment to innovation in financial markets. Building on this achievement, Xinteria...

TL;DR Analysts foresee a potential XRP rally, envisioning a surge to $0.90 if the asset clears crucial resistance points, despite recent underperformance. The US presidential election results could fuel enhanced volatility for the entire crypto market and Ripple’s native token particularly. ‘Bearish Outlook or a Strong Bullish Trend?’ Despite its slight resurgence in the past 24 hours, Ripple’s XRP remains one of the poorest performers (from crypto’s top 10 list) on a...

Binance co-founder Yi He has spoken to recent speculation about listing fees on the platform, assuring the community that it operates with transparent policies. The address came in response to allegations by Moonrock Capital CEO Simon Dedic of costly listing fees on Binance. Binance Accused of Charging Exorbitant Fees for Crypto Listing On October 31, Dedic took to X with a claim that Binance demanded 15% of a project’s token supply for a listing. He used the example of an...

Bitcoin (BTC) could be gearing up for a historic $100,000 pump, and, according to crypto analysts, the upcoming U.S. presidential election may yet play a key role. According to experts, the cryptocurrency may achieve this price milestone regardless of who wins. However, they suggest a Trump victory could serve as a short-term catalyst, boosting its momentum much faster. Election’s Influence on Bitcoin Price Action The market watchers have noted that on previous occasions,...

TL;DR Binance’s support for certain tokens drives price surges, as seen with recent additions. Delistings from the platform often lead to significant drops for affected tokens. The Binance Effect Most leading cryptocurrencies have recorded little to no price volatility in the past 24 hours, seemingly preparing for action after the final results of the US presidential elections (set for November 5). However, some assets still charted substantial gains amid the overall...

Meme coins aren’t just speculative assets. They have slowly started representing a symbolic rebellion against established financial norms, aligning with the demographic and ideological shifts shaping modern markets, as highlighted by Binance Research’s latest report. Since 2022, the collective market cap of meme coins, measured as a share of Total 3 (the crypto market excluding BTC, ETH, and stablecoins), has nearly tripled from 4% to 11%, driven in part by a sense of...