Binance Market Update (2024-01-13)

Miraculous Trading Triumph: $900 to $3.47M in Five Days

A trader turned $900 into $3.47 million in five days by trading Solana's meme token ANALOS, achieving a profit over 3,800 times their initial investment.

Netflix Director Bets $4M Show Budget on Dogecoin, Rakes in $27M

Netflix director Carl Erik Rinsch diverts $4 million from Conquest series budget to invest in Dogecoin, yielding a $27 million windfall, prompting a $14 million dispute with Netflix.

MATIC Propels Over $0.75, Is $1 Possible?

MATIC, the native cryptocurrency of Polygon, has recently gained traction, showing a 50% increase in price surge in the last 20 days, amid the optimistic trend circling the cryptocurrency market due to the recently finished Uptober rally.

Bitcoin Surges Over $35,000 with $114 Million Shorts Liquidated

Bitcoin saw a double rally today, pushing its price beyond $35,000 after an earlier surge past $31,000 on Monday morning, marking the highest point of the cryptocurrency in 2023.

Bitcoin’s Tug of War: $26,700 Resistance vs. $26,000 Support

Ethereum Traders Lose $115 Million As ETH Recovers Above $1,600

Ethereum had entered a period of reversal after hitting $2,000 following the announcement of the date for the Merge.

Ethereum Price Rebounds to $1,500 After Peaking at $1,600

Weaker Dollar Pushes Bitcoin to $307,000, Analysts See 60% Dominance

Changes in the macro environment have reduced the pressure on risky assets, and there are also views that predict that the market will surrender Bitcoin at a price of $14,000, giving Bitcoin shorts "anesthetic hope."

Watch below! Analysts Eye Bitcoin Price at $40,000 After Drop to $45,700

The price of BTC fell to an intraday low of $45,672. Analysts said that a classic technical analysis pattern and on-chain data point to a strong fall back to $40,000.

Ava Labs raises $350M at $5.25B valuation: Report

The raise comes as total value locked on the Avalanche blockchain remains steady at around $14.6 billion.