Everyone's screaming "Altseason!" because Binance's stablecoin reserves hit $31 billion. Ok, agreed – that might be the spark that ignites the altcoin bonfire. Let’s not kid ourselves, are we not seeing the forest for the trees? I think so. Here’s why this surge is more than a classic pump and...
Johannesburg. The air here is electric with the energy of hustlers, dreamers, and survivors. I hear it in Amahle’s voice, an enterprising young woman I met at a township market. She sells exquisite pieces of beaded jewelry, large and colorful creations that celebrate the gorgeous hues of nature found in...
The crypto sphere is abuzz with speculation, fueled by a significant event: Binance, one of the world's leading cryptocurrency exchanges, has witnessed a massive influx of stablecoins, reaching a staggering $31 billion. This massive pump has ignited discussions surrounding an upcoming altseason. Historically, during this period, alternative cryptocurrencies – or...
Meet Aissata, a single mom living in Dakar, Senegal. She scrupulously puts away each franc, hoping to start a small enterprise and provide for her children’s future beyond the harsh realities of today. Her constituency is cut off from traditional banking, weighed down by exorbitant fees and red tape. All...
CryptoQuant data paints a clear picture: Binance isn't just a big player in the altcoin market, it's the dominant one. We’re speaking on the order of billions of dollars that would dwarf competitors such as Coinbase. At the height of the Nov-Dec 2024 altcoin rally, Binance processed as many as...
Currently, Binance has complete control over the crypto market. It tops altcoin and USDT transactions. Binance’s recent data indicates they processed a world-shattering 59,000 altcoin transactions just last week. In parallel, the platform was processing 384,000 USDT transactions in that period. With over 42,000 altcoin addresses sending altcoins to its...
Binance has without a doubt made a name for itself as the 800-pound gorilla of the cryptocurrency exchange world. With many traders around the world focusing intently on its impact, particularly in terms of altcoin inflows. Miles O’Connor, with his incisive analysis and disruptive writing style, explores the reasons behind...
The whispers are turning into shouts. Ethereum's Layer 2s (L2s) are bleeding ETH. Optimism, Arbitrum, Base – they’re all experiencing huge net outflows. We were all so scared of a “vampire attack” on mainnet. Now the tables have turned, and L2s are the ones who look anemic. What changed? And...
Ethereum has been showing clear bullish strength in the last days, breaking above its realized price at $1,900. This level is important since it indicates that we have surpassed the average purchase price of all Ethereum coins in circulation. Because of low transaction activity, long-term holders have been reaping the...
Ethereum's recent surge to $2,600, fueled by the Petra upgrade and the sweet relief of long-term holders finally seeing green, feels fantastic, doesn't it? And lurking beneath the surface of all this good news — this new bull run — is a very frightening trend. We should be watching Binance’s...
