Binance Sees First Net Positive Bitcoin Buying Volume in Six Months
Bitcoin’s recent rally shows signs of slowing down after a nearly 10% weekly gain, with the cryptocurrency stabilizing near $94,686 following a brief surge above $95,000. This pause comes as traders evaluate whether the recovery can maintain its momentum. Market analysts are closely monitoring spot activity and on-chain metrics for insights. A significant development is that Binance has recorded its first net positive Bitcoin buying volume in six months, signaling a potential shift in market sentiment. This milestone suggests increased buying pressure, which could support further price appreciation if sustained. The cryptocurrency market remains dynamic, with investors keenly watching for signs of continued bullish activity.
Bitcoin Buying Volume on Binance Overtakes Selling for First Time in 6 Months
Bitcoin’s rally shows signs of fatigue after a nearly 10% weekly gain, with the cryptocurrency hovering NEAR $94,686 following a brief push above $95,000. The pause comes as traders digest recent gains and assess whether the recovery can sustain momentum.
Market analysts are scrutinizing spot activity and on-chain metrics for clues. A notable development: Binance recorded its first net positive BTC buying volume in half a year—a potential inflection point for market sentiment.
The cryptocurrency’s resilience post-correction suggests underlying strength, but confirmation of renewed bullish momentum awaits clearer signals from exchange flows and institutional participation.
Trump-Backed WLFI Token Raises $1B Amid Skepticism Over Utility
World Liberty Financial’s WLFI token has surged into the DeFi spotlight with $1 billion reportedly raised, backed by high-profile endorsements from crypto figures like Justin Sun and DWF Labs. Despite the buzz, the token remains non-tradable, fueling questions about its utility and political undertones.
The project, linked to former President Donald Trump, is preparing to launch its own cryptocurrency following talks with Binance founder Changpeng Zhao. This move further blurs the lines between politics, media, and digital assets, drawing both excitement and scrutiny from the crypto community.
BNB Chain Accelerates with Lorentz Upgrade, Outpacing Ethereum’s Fusaka
BNB Chain has solidified its position as a high-performance blockchain network with the completion of its Lorentz hard fork. The upgrade reduces BSC block times to 1.5 seconds and OpBNB to a blistering 0.5 seconds—making it one of the fastest Layer-2 solutions in the ecosystem.
The improvements target transaction confirmation speeds, decentralized application responsiveness, and overall user experience. "Welcome everyone to experience a faster and smoother BNB Chain," the network announced, building on momentum from its earlier Pascal hard fork.
While BNB Chain pushes forward with scalability, Ethereum’s Fusaka upgrade faces developer discord. The contrast highlights the intensifying race for blockchain throughput supremacy, with Solana’s 0.4-second blocks remaining the benchmark for speed.
Cdari Partners with Codex Field to Enhance Web3 E-Commerce Accessibility
Cdari, a Web3 e-commerce platform operating on Binance Smart Chain, has forged a strategic alliance with Codex Field, a no-code AI platform aimed at accelerating Web3 adoption. The collaboration seeks to simplify decentralized application (DApp) accessibility for mainstream users.
Codex Field tackles the critical issue of code ownership in decentralized systems, offering cost-efficient solutions for decentralized code management. The partnership aligns with Cdari’s mission to merge e-commerce with blockchain technology, leveraging MatchChain’s AI-powered Layer 2 infrastructure on BNB Chain.
Binance US Listing Propels Virtuals Protocol (VIRTUAL) to 30% Surge
Virtuals Protocol (VIRTUAL) rallied sharply after Binance US announced its inclusion on the platform, briefly topping $1.50 before settling at $1.45—a 15% daily gain. The token’s market cap approached $1 billion, ranking it 94th among cryptocurrencies.
While major assets stagnated, VIRTUAL’s outlier performance highlights the impact of exchange support on low-cap altcoins. Analysts project further upside, citing $2-$5 price targets.
Tether USDT Reserves Surge on Binance Amid Market Recovery Speculation
USDT reserves on Binance have shown a notable rebound, climbing from a midweek low of 25.93 billion to over 26.13 billion. This uptick in stablecoin liquidity often serves as a precursor to renewed buying pressure across major cryptocurrencies.
Historical patterns suggest stablecoin inflows typically precede rallies in BTC, ETH, and altcoins. The current accumulation signals growing trader interest despite recent cautious price action, potentially marking the early stages of a broader market recovery.
Binance’s USDT reserve growth mirrors past cycles where stablecoin movements accurately predicted capital rotation into risk assets. Market participants are watching whether this liquidity will translate into upward momentum across crypto markets.