BNB breaks through the $700 mark
Binance BNB/USDT is currently trading at $700.80, with a 24-hour increase of 2.94%. Please pay attention to market fluctuations.
LINE's Mini Dapp Platform Dapp Portal has now fully partnered with OKX Web3 Wallet. Users can use OKX Web3 Wallet to connect to LINE's Mini Dapps included in the Dapp Portal and participate in various on chain interactions, including gaming, NFT trading, asset management, and more. Meanwhile, LINE's Mini Dapp also supports non LINE users to experience it through the web version, which can be used by users worldwide. Users can view over 20 LINE Mini Dapps, covering categories such as gaming, social media, and content, through EcoHub on the OKX Web3 wallet. These apps include the fitness app Superz, football game Captain Tsubasa RIVALS, as well as Bombie and Cattea developed by Pluto Studio. It is reported that LINE is an instant messaging application and one of the popular chat tools used in Japan, Taiwan, South Korea, and Thailand. OKX Web3 Wallet is an industry-leading one-stop Web3 portal that now supports over 120 popular public chains, App、 Unified plugins, web pages, and Telegram.
Binance BTC is currently priced at $104967.00, with a 2.57% increase in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 1 hour was 10.2 million US dollars, with multiple main liquidation orders and BTC liquidation of 6.17 million US dollars (60.50%). The data is for reference only.
Odaily Planet Daily News: Matrixport released today's chart stating that recently, the funding rate for perpetual contracts has significantly fallen, forming a sharp contrast to the high level in November last year (when the funding rate was at an excessively high level). From a historical perspective, such high levels often indicate a short-term peak in the market, followed by time for correction. Usually, this correction phase is accompanied by a decrease in funding rates and the liquidation of high leverage long positions. The same applies to this situation. As of mid January, funding rates have dropped to single digit levels, which are typically associated with the continuation of bull markets. Recently, funding rates have once again rebounded to double-digit levels, indicating a resurgence in speculative activity. This upward trend is a positive signal, reflecting the increased confidence of traders and their willingness to pay higher funding rates to increase leverage investment, which may drive the next stage of the bull market.
TRUMP memecoin riches have spurred billions of dollars for the newly sworn-in U.S. President Donald Trump, an amount he termed as “peanuts” compared to corporate bigwigs in his first address of the token since launch."I don't know much about it other than when I launched it. I heard it was successful,” Trump said in a press conference on Tuesday when asked by a reporter. “Where is it today? Several billion?“That's peanuts for these guys,” he added, referring to the networth of other businessmen in the room that included SoftBank's Masayoshi Son, OpenAI's Sam Altman and Oracle's Larry Ellison.BREAKING: @realDonaldTrump LEARNS THAT HE MADE SEVERAL BILLION DOLLARS WITH THE MEMECOIN HE LAUNCHED - SAYS THAT IT’S PEANUTS pic.twitter.com/ZaQAMvVLlBJanuary 21, 2025Token prices zoomed 25% in the past 24 hours, beating gains in bitcoin (BTC) and other majors, to reverse losses from earlier in the week. It sits at an $8 billion market capitalization as of Wednesday morning, up nearly 900% since going live.Trump also unveiled a $500 billion joint venture termed Stargate at the event, which aims to build data centers in Texas and would invest in AI infrastructure.Meanwhile, some see TRUMP as a bet on the Republican’s popularity and policies in his term, with ripple effects on how it may shape up Web3 and memecoin markets.“Longer term, TRUMP coin could act as a barometer for public sentiment towards Trump’s presidency,” Yat Siu, co-founder and executive chairman of Animoca Brands told CoinDesk in a message. “Culture memes and tokens are essentially a highly variable public polymarket of culture and zeitgeist, and we’ve seen this play out accordingly.”“(However) If the initiative is perceived as a cash grab without further engagement, we may well see a crypto chill for meme tokens, potentially draining attention and liquidity out of the meme space. How the TRUMP token is handled is likely to have a ripple effect on trust and reputation for the entire crypto and Web3 industry,” Siu added.