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A New Listing Announcement Came From Bitcoin Exchange Binance! Here Are the Details
Binance has announced that Initia (INIT) will be integrated into a wide range of services, including Binance Simple Earn, Buy Crypto, Binance Convert, Margin, and Futures platforms, further increasing the token’s accessibility and utility within its ecosystem. Binance Expands Initia (INIT) Support Across Multiple Platforms Key Launch Details: Binance Simple Earn INIT Flexible Products will be released on April 24th at 15:00. Users will be able to subscribe and earn rewards by holding INIT on Flexible Earnings products. Buy Crypto INIT can be purchased using Visa, MasterCard, Google Pay, Apple Pay and Revolut. Users can also buy and sell INIT using their Binance account balance via the “Buy Crypto” page. Access to Buy Crypto services for INIT will be available within one hour of Spot listing. Binance Convert INIT can be traded against BTC, USDT and other major tokens with zero conversion fees. This service will also be launched within an hour of INIT's Spot listing. Margin and Futures INIT will be added as a new borrowable asset to both the Cross and Isolated Margin platforms. INIT/USDT and INIT/USDC margin trading pairs will be available starting at 15:20 on April 24. This multi-platform launch marks a significant step in Initia’s integration into the Binance ecosystem, offering users a wide range of trading, investing and borrowing options tied to the INIT token. *This is not investment advice. Continue Reading: A New Listing Announcement Came From Bitcoin Exchange Binance! Here Are the Details

BitcoinSistemi 2025-04-24 15:03
Ethereum bulls push toward $2K: THIS is key for a sustained rally
A scant $1,860 sell-wall and whales hoarding suggest that, if ETH holds $1.8K, it could sprint past $2K.

AMB Crypto 2025-04-24 15:00
USDT supply on Tron crosses 70B: will it boost TRX price?
While Bitcoin eyes the $100,000 psychological mark , the Tron Network attained a significant milestone. The latest data shows more than 70 billion USDT now circulates TRX’s blockchain. Lookonchain @lookonchain · Follow Tether has minted 11B $USDT on #Tron since January 29.Currently, $USDT on #Tron has exceeded $70B! tronscan.org/#/token20/TR7N… 5:17 AM · Apr 24, 2025 214 Reply Copy link Read 19 replies That marks a crucial moment for Tether and Tron, cementing the latter as a go-to platform for cheap and fast stablecoin transactions. While the crypto community celebrated the breakthrough, it has ignited speculation: can the surged USDT supply bolster TRX’s price performance? Tron’s growth as Tether’s favorite network Tron has materialized as a silent killer in the stablecoin rivalry. While it still lags Ethereum in USDT supply, the TRX blockchain remains among the liveliest platforms for stablecoins. As Ethereum battles inefficiencies like costly services and congestion, Justin Sun’s project gained popularity due to high throughput and cheap transaction fees. The landmark follows the latest 1 billion token mint on Tron, which pushed Tether’s total 2025 mints to over 11 billion assets. Crypto Crib @Crypto_Crib_ · Follow Tether just minted another $1B USDT on Tron. 👀 11:38 AM · Apr 21, 2025 62 Reply Copy link Read 17 replies Over 70 billion USDT is now active on the TRX network, signaling a shift in user preference as the crypto market matures. Tron’s founder, Justin Sun, has consistently emphasized Tron’s importance for financial inclusivity and cross-border transactions. He recently highlighted the project’s increased adoption globally. The massive Tether supply reinforces Sun’s vision and confirms the soaring adoption. Potential impact on TRX The question remains. How will the impressive stablecoin growth affect Tron’s native token TRX? While USDT might not directly impact the alt’s value, its enormous presence may affect TRX in multiple ways. First and foremost, the network will experience heightened on-chain activity. Blockchain activity will surge as more individuals interact with USDT, possibly fueling demand for TRX. Remember, users will utilize the native coin to settle gas fees. Also, massive stablecoin supply could propel trading volumes on centralized and decentralized exchanges, enhancing TRX’s accessibility and liquidity. Last but not least, these milestones often grab institutional and retail attention. Many might venture into the network to capitalize on its growth potential. Such ecosystem developments will potentially cement TRX as a top asset in the cryptocurrency industry. TRX price outlook The native token trades at $0.243 after relatively muted movements that left it 0.50% down on its weekly chart. Chart by Coinmarketcap The declined trading volumes signal weakness, positioning TRX for short-term corrections before possible upswings. Broad-based sentiments will determine its direction in the upcoming sessions. Cryptocurrencies display resilience as Bitcoin holds above $92K. A decisive candle closing above $90K will trigger significant rallies towards the $100K psychological mark. Meanwhile, analyst Michael van de Poppe predicts a slight retracement before extended gains for BTC. Michaël van de Poppe @CryptoMichNL · Follow The $87K breakout for #Bitcoin was crucial.A 9% move occurred since then, up more than $7,000. It’s back in the range. It would be very organic to have a slight pullback before the next move occurs.Gold has peaked, risk-on appetite comes in and liquidity goes up.Good 7:16 PM · Apr 23, 2025 319 Reply Copy link Read 37 replies TRX will likely leverage its growing popularity for explosive gains upon broad-based bull runs. The post USDT supply on Tron crosses 70B: will it boost TRX price? appeared first on Invezz

Invezz 2025-04-24 14:57
KDA eyes 100% surge as Binance confirms support for Kadena’s April 30 hard fork
As Bitcoin holds above $90,000 , Kadena (KDA) displays a bullish outlook ahead of a massive protocol upgrade. With Binance endorsing support for the blockchain’s April 30 hard fork, attention has shifted to a potential falling wedge breakout on the 12-hour price chart. CoinNess Global @CoinnessGL · Follow Binance to temporarily suspend token deposits and withdrawals on Kadena networkCrypto exchange @binance has announced on its official website that it will temporarily suspend deposits and withdrawals on the Kadena (KDA) network starting April 29 at UTC to support its scheduled 8:36 am · 24 Apr 2025 1 Reply Copy link Read more on Twitter Will the optimism surrounding the protocol upgrade confirm Kadena’s breakout and fuel the explosive rally? Binance support boosts investor confidence The leading exchange has announced that it will back Kadena’s upcoming hard fork. Binance will suspend withdrawals and deposits temporarily on April 29 to ensure a smooth transition. The announcement highlighted: Starting at approximately 2025-04029 23:00 (UTC), Binance will suspend the deposits and withdrawals of tokens on the Kadena (KDA) network to support its network upgrade and hard fork to ensure the best user experience. Support from a top exchange sends a crucial message to the community. It confirms that the network upgrade is well-coordinated, significant, and worth investor attention. Binance’s involvement guarantees users smooth post-fork operations, boosting confidence. Also, it magnified Kadena’s visibility in the trading world, possibly attracting speculators searching for bullish setups. Furthermore, the hard fork will introduce various advancements to improve network scalability and efficiency. That matches Kadena’s long-term vision of powering high-throughput dApps. KDA price outlook: bullish structure suggests imminent breakout Kadena’s native coin exhibits a bullish momentum ahead of the upcoming upgrade. It trades at $0.5211 after gaining more than 5% in the past 24 hours. Chart by CoinMarketCap The over 30% price increase in the past week has cemented KDA’s bullish structure. Notably, the altcoin has breached a descending wedge pattern on the 12-hour price chart. The breakout happened above $0.45, propelling KDA above the psychological mark of $0.50. Furthermore, it has reclaimed its near-term MAs while recording higher lows, signaling trend reversals. Bulls are likely targeting the next resistance at $0.60, beyond which KDA might accelerate toward $0.75. Continued bullishness above this mark would open the doors to $1.10, an approximately 110% increase from current prices. Source – Whales Crypto Trading on X Kadena’s technical analysis suggests impending explosive moves. Optimism during the hard fork will possibly confirm the bullish structure and support the projected rally. Prevailing broad-market sentiments support Kadena’s outlook. Cryptocurrencies eye continued rallies as Bitcoin holds above the $90,000 psychological mark, trading at $92,400. Flipping the yearly open into a solid support barrier could trigger a decisive move past $95,000. Ali @ali_charts · Follow #Bitcoin $BTC is testing the yearly open at $93,548! 5:32 am · 23 Apr 2025 300 Reply Copy link Read 20 replies That might propel BTC to new ATHs in the upcoming sessions, sparking solid rallies in the altcoin market. Such narratives would support Kadena’s potential rally toward the $1.10 target. The post KDA eyes 100% surge as Binance confirms support for Kadena’s April 30 hard fork appeared first on Invezz

Invezz 2025-04-24 14:51
Crypto price wrap: Bitcoin, Ethereum, XRP pare gains
The crypto market saw a mixed performance on April 24, 2025, as major cryptocurrencies pulled back from recent highs amid profit-taking and market consolidation. Crypto market’s total capitalization shed 1.5% to $2.89 trillion, while the Asian session saw volume dip 24% to just over $105 billion. Bitcoin, Ethereum and XRP all pared gains as Official Trump, Onyxcoin and Polygon rose to lead the top 100 by market cap in terms of 24-hour performance. Investors remain cautious, although whale activity and on-chain data signal both accumulation and potential volatility ahead. Bitcoin, Ethereum, and XRP price movements Bitcoin (BTC) pared gains after a recent rally, trading at approximately $92,630. BTC price was down 1% in the past 24 hours, according to market data. This pullback follows a strong upward trend, as highlighted here. CryptoQuant analysts say there’s significant accumulation by Bitcoin whales. BTC price on CoinMarketCap Ethereum (ETH) also saw a decline, shedding 3% to hover around $1,748. It reflects broader market sentiment that also had XRP , drop more than 5% to $2.15. This is despite earlier gains driven by positive sentiment around the US-based cryptocurrencies. Whales accumulate Chainlink Chainlink (LINK) is seeing notable activity from large holders. According to Lookonchain, Chainlink whales have accumulated over 2.5 million LINK tokens in the past week, worth approximately $35 million. This accumulation trend mirrors broader whale behavior in the market, as seen with Bitcoin, and could signal confidence in Chainlink’s role in the DeFi and oracle sectors. LINK traded at $14.38, up 3.8% in the past 24 hours. Top gainers and losers OFFICIAL TRUMP (TRUMP) led top gainers with +32% after skyrocketing on Wednesday. TRUMP hovered near $12.26. Other top performers in the past 24 hours were Onyxcoin (XCN) and POL (prev. MATIC) (POL) with +10.5% and 8% respectively. On the other hand, top losers on the day include DeXe (DEXE), which is down 15% to around $13. Profit taking is also what has impacted Immutable (IMX), which was down 12% to $0.5636. Bonk (BONK) and Jito (JTO) also traded lower, down 9.7% and 8% respectively. Analysts weigh in Analysts are offering varied perspectives on the market’s next moves. CryptoQuant’s post on X pointed out a surge in Bitcoin exchange inflows, with over 50,000 BTC deposited in a single day. Such moves are often a precursor to heightened volatility or profit-taking. Another CryptoQuant update highlighted a spike in Ethereum network activity, with transaction volumes reaching a three-month high. Given recent action, it suggests a potential bullish momentum for ETH. glassnode @glassnode · Follow $ETH Cost Basis Distribution shows the next major supply overhead near the current price – at $1,895.50, where 1.64M $ETH is concentrated. Most holders at this level were last active in Nov 2024, buying into the rally and pushing their cost basis higher. 9:00 pm · 23 Apr 2025 160 Reply Copy link Read 10 replies Meanwhile, QCP Group’s analysis commented on the launch of Twenty One Capital by Tether and SoftBank. “Bitcoin has surged to $93.5K, breaking past key resistance, while gold has fallen 6%. Institutions are no longer experimenting—they’re committing capital. 21 Capital is poised to become the new standard for crypto conviction in public markets,” the analysts noted. A look at the crypto market suggests bulls remain largely in charge. However, broader market dynamics, including tariffs and inflation may be key catalysts to watch. The post Crypto price wrap: Bitcoin, Ethereum, XRP pare gains appeared first on Invezz

Invezz 2025-04-24 14:49
Worldcoin’s $1 target in limbo as bears curtail bull run
After a magnificent bull run over the past seven days that pushed the Worldcoin (WLD) price to a monthly high of $0.9829, the AI token has entered into consolidation. This pause follows an impressive 25% surge as AI tokens bounced back , hinting at a potential shift in the token’s trajectory. While its AI token peers, the likes of Bittensor (TAO), Griffain (GRIFFAIN), and Zerebro (ZEREBRO) are still bullish according to Coinmarketcap data , investors are questioning the chances of World’s Worldcoin (WLD) token to hit $1 any time soon. What are the chances of Worldcoin (WLD) hitting $1? The 14-day Relative Strength Index (RSI) currently sits at 59.10, suggesting there’s still room for upward movement before hitting overbought territory. However, the bullish momentum that fueled this rally has noticeably weakened, casting doubt on its sustainability. Crypto_jobs anticipates an 80-day downtrend channel breakout, a technical pattern that could signal a trend reversal for WLD. 🧙 Crypto_Jobs🧙‍♂️ TA & FA 🎯 @CryptoJobs3 · Follow $WLD – ARE YOU READY TO SEE IT HAPPEN 🚀Prices is already up +25% since I shared this medium term insight ✅💰As mentionned, Im anticipating a 80 day’s downtrend channel breakout! 💣 It’s usually a Bullish structure, wich may lead to a trend reversal.Such a breakout wich 7:57 PM · Apr 23, 2025 25 Reply Copy link Read 26 replies If this breakout materialises, Crypto_jobs project a staggering +70% price pump, potentially driving WLD to the coveted $1 mark. Such a move could ignite Fear of Missing Out (FOMO) among traders, amplifying buying pressure in the short term. However, as highlighted by Crypto_jobs, for the bullish momentum to hold, WLD has to overcome the resistance around the $0.87 and the key support levels at $0.780 and $0.730 that must hold firm. A failure to defend these supports could undo the gains, paving the way for deeper declines. And while on it, recent price action reveals troubling signs, as WLD struggles to maintain its upward thrust amid creeping bearish pressure. Also, on the hourly and 4-hour charts, the token has been carving out lower highs and lower lows, a classic hallmark of bearish sentiment. This persistent downtrend contrasts sharply with the recent rally, underscoring the market’s indecision. Compounding the challenge, the On-Balance Volume (OBV) indicator on the daily chart shows a slow bleed, reflecting steady selling pressure beneath the surface. Worldcoin (WLD) price chart by TradingView Market sentiment also remains a mixed bag, with some traders buzzing about a potential rally fueled by renewed interest. Others, however, adopt a wait-and-see approach, wary of regulatory hurdles and adoption risks tied to World’s ambitious vision. While the project’s innovative identity-verification system promises long-term value, it’s a double-edged sword that introduces uncertainty. External forces, like volatility in Bitcoin or broader crypto markets, could also sway WLD’s fate in unpredictable ways. Despite the bullish glimmers, the token’s inability to sustain momentum keeps the $1 target tantalizingly out of reach. A confirmed breakout above the descending channel and $0.80 resistance is non-negotiable for restoring confidence in the bull run. Until that happens, traders are left navigating a tightrope between opportunity and caution. For now, the focus remains on those crucial support levels at $0.780 and $0.730, which could dictate the next move. The post Worldcoin’s $1 target in limbo as bears curtail bull run appeared first on Invezz

Invezz 2025-04-24 14:39

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