According to CryptoQuant’s latest data, Binance has reached a new milestone in its stablecoin reserves as it hit an all-time high of $31 billion recently. This marks a significant recovery and growth, as the reserves stood at just $7 billion in June 2023. Therefore, the latest figure reflects a nearly fivefold increase over six months. Such a surge typically indicates increased buying pressure which, in turn, suggests a strong investor confidence and activity in the market. As per the on-chain analytic platform’s data , current reserve levels, holding steady at around $30 billion, indicate continued market positioning by investors that would potentially support sustained demand and market strength. All Eyes on Bitcoin’s Next Stop This development coincides with Bitcoin’s potential breakout above $120,000, driven by strong market fundamentals and Binance’s increasing stablecoin reserves. Analysts believe that BTC, currently trading below $94,000 after a 13% correction from its $108,300 all-time high, could peak at $120,000 in January. Meanwhile, QCP Capital highlighted that Bitcoin’s spot market has faced notable challenges, with thinner liquidity creating gaps and any recent recovery attempts capped by persistent selling pressure. Momentum in the world’s largest crypto by market cap has waned significantly as the year ends, exacerbated by $1.8 billion in net outflows from spot ETFs since December 19 and a slowdown in MicroStrategy’s Bitcoin purchases. This weak price action mirrors broader market sentiment, as major indices like the S&P 500 and NASDAQ have experienced sharp declines amid heightened uncertainty around global trade heading into 2025. Despite the sluggish close, the asset manager said that Bitcoin remains a standout performer in 2024, up 120% and outpacing stocks and gold. Looking to Q1 2025, QCP anticipates institutional asset reallocation in January as a key catalyst for the crypto. With broader institutional adoption, including university endowment funds, Bitcoin’s dominance is expected to grow, stabilizing spot price movements and aligning volatility dynamics more closely with equities. Additionally, QCP predicted stronger demand for downside puts for hedging and increased covered call selling on topside gains. Bitcoin Holder Trend Even as Bitcoin faced pressure, Glassnode’s data revealed that Short-Term Holders (STHs) are still, on average, in a favorable position and hold an unrealized profit of over 7.9%. This suggests that many recent buyers entered the market below the current price levels, with their aggregate cost basis resting at $86,600. This price level is shaping up to be a key region of interest, as it may serve as both a psychological and technical indicator for local price momentum. Last week, CryptoQuant founder Ki Young Ju also shed light on a growing trend of Bitcoin whales accumulating the crypto through privacy transactions. Over the past two years, CoinJoin transactions have tripled annually, resulting in increased activity in anonymous transfers. The post Binance’s $31B Stablecoin Reserves Signal Strong Market Confidence Despite Bitcoin’s Lull appeared first on CryptoPotato .
Crypto Potato
You can visit the page to read the article.
Source: Crypto Potato
Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Looking for Smart Investments? These Are the 6 Best Cryptos to Buy Now for Profits in 2025
Are you trying to figure out which cryptocurrencies could make a difference in your investment journey this year? With so many choices, it’s no wonder investors are constantly on the lookout for options that balance reliability and strong growth potential. 2025 is shaping up to be a year of exciting opportunities for those who know where to look. The digital currency space has grown beyond just Bitcoin and Ethereum, offering a variety of innovative projects tailored to different needs. One standout is Qubetics ($TICS), a game-changer tackling real-life issues that other cryptocurrencies haven’t been able to resolve. Its applications in cross-border transactions and the way it connects different blockchains make it a unique option. With its presale already creating a buzz, let’s dive deeper into Qubetics and other strong contenders in this list. 1. Qubetics and Its Revolutionary Role in Cross-Border Transactions Qubetics has emerged as one of the most talked-about blockchain projects this year, and for good reason. As the world’s first Web3 aggregator, it unites leading blockchains into a single platform, simplifying transactions for individuals and businesses. For example, imagine a small e-commerce business in the US wanting to sell products internationally. Qubetics enables seamless cross-border transactions with minimal fees and faster processing times, saving both time and money for users. Its presale has reached the 15th stage, with over $8.5 million raised and more than 395 million $TICS tokens sold. The presale stages only last seven days each, and prices increase by 10% every Sunday at midnight. This mechanism ensures an upward momentum in token value, creating a unique incentive for early adopters. At its current price of $0.0414, Qubetics is attracting attention from over 13,000 token holders. Why this coin made it to this list: Qubetics is not just solving problems; it’s laying the groundwork for smoother, faster, and more inclusive financial transactions across borders. Its innovative model and rising presale numbers make it one of the best cryptos to buy now. 2. Avalanche Promises Faster and Cheaper Transactions Avalanche is another strong contender in 2025, known for its ability to support decentralised applications with unmatched scalability. The platform stands out for its subnets feature, allowing developers to create custom blockchain networks that can work together seamlessly. Avalanche’s focus on energy efficiency also gives it a modern appeal, especially as the world shifts toward greener solutions. Its fast transaction speeds and lower costs make it a popular choice for businesses and developers looking for practical blockchain solutions. Analysts are optimistic about Avalanche’s long-term growth as it continues to attract a variety of high-profile partnerships and development projects. Why this coin made it to this list: Avalanche’s commitment to efficiency and innovation puts it on the radar of investors seeking reliable platforms with room for expansion. 3. Polkadot Enables a Future of Interconnected Blockchains Polkadot is gaining traction for its unique approach to blockchain interoperability. Its multi-chain technology allows different blockchains to communicate and share data, creating an interconnected ecosystem that benefits developers and users alike. This innovation addresses one of the biggest challenges in the cryptocurrency space: the lack of seamless communication between networks. Polkadot’s parachain auctions and expanding ecosystem continue to generate excitement in the crypto community. With projects and applications thriving within its network, Polkadot positions itself as a long-term player with significant potential. Why this coin made it to this list: Polkadot’s groundbreaking technology and expanding influence make it a solid option for investors looking for the best cryptos to buy now. 4. Chainlink Bridges the Gap Between Blockchain and Real-World Data Chainlink is a leader in blockchain oracle technology, which connects smart contracts with real-world data and systems. This capability opens up endless possibilities for applications in finance, supply chain management, and beyond. For example, it can enable insurance companies to automate claims processing based on real-time weather data, reducing manual effort and errors. The continued growth of decentralised finance (DeFi) platforms heavily relies on Chainlink’s technology, making it a vital component of the blockchain ecosystem. Analysts predict steady growth for Chainlink as demand for reliable data integration increases. Why this coin made it to this list: Chainlink’s practical applications and indispensable role in DeFi make it one of the most promising cryptos in 2025. 5. Algorand’s Focus on Sustainability and Innovation Algorand is a blockchain project that has gained recognition for its focus on sustainability and innovation. It uses a proof-of-stake consensus mechanism that minimises energy usage, making it an eco-friendly choice. Algorand’s scalable and secure network supports a variety of applications, from DeFi to digital identity solutions. In 2025, Algorand has continued to expand its ecosystem with partnerships and projects that showcase its versatility. Its combination of speed, security, and sustainability appeals to investors looking for practical and future-proof blockchain solutions. Why this coin made it to this list: Algorand’s commitment to sustainability and its expanding ecosystem position it as a smart investment choice. 6. Stellar Simplifies Global Money Transfers Stellar is well-known for its focus on simplifying global money transfers, especially in underbanked regions. By providing a platform for fast and low-cost international transactions, Stellar has become a lifeline for businesses and individuals in need of affordable financial solutions. For instance, a small business owner in Asia can use Stellar’s platform to send and receive payments without incurring heavy fees from traditional banks. Stellar’s partnerships with major organisations and its continuous improvements to the platform strengthen its position in the crypto space. Analysts view Stellar as a strong choice for long-term investors due to its proven utility and growing adoption. Why this coin made it to this list: Stellar’s practical use cases and its focus on making financial services accessible make it a valuable addition to this list. The Takeaway on the Best Cryptos to Buy Now Cryptocurrencies offer a wide range of investment opportunities, but it’s essential to choose projects with strong fundamentals and clear use cases. Qubetics ($TICS) stands out for its innovative approach to cross-border transactions and its well-structured presale, which creates opportunities for early investors. Coins like Avalanche, Polkadot, Chainlink, Algorand, and Stellar also bring unique strengths to the table, catering to different needs in the blockchain ecosystem. If you’re serious about finding the best cryptos to buy now, these six options are worth exploring for their potential to deliver profits and reshape the financial landscape in 2025. For More Information: Qubetics: https://qubetics.com Telegram: https://t.me/qubetics Twitter: https://x.com/qubetics Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here . Crypto Potato
Tether Legal Chief Retires Amid Regulatory Uncertainty in Europe
Stuart Hoegner, the general counsel of Tether and Bitfinex, has stepped down from his role and will be succeeded by Michael Hilliard, who has worked closely with Hoegner for several years. In a statement shared with Cointelegraph on Jan. 2, Tether announced Hoegner’s retirement and confirmed Hilliard as the new general counsel. “Michael’s deep understanding of both companies’ operations, coupled with his strategic approach to legal and regulatory challenges, has been critical to advancing both Tether and Bitfinex’s mission,” the company stated. Uncertainty Around USDT Compliance in Europe The leadership change comes as Tether faces ambiguity regarding its compliance with the European Union’s Markets in Crypto-Assets (MiCA) regulations, which took effect on Dec. 30. The new rules have left stablecoin issuers, including Tether, in a gray area. “No regulators have explicitly stated that USDT isn’t compliant, but this does not mean that it is,” Juan Ignacio Ibañez, a member of the Technical Committee of the MiCA Crypto Alliance, told Cointelegraph. The European Securities and Markets Authority (ESMA) has not clarified whether USDT is considered a restricted stablecoin under MiCA. While Coinbase delisted USDT in mid-December to comply with MiCA, the stablecoin continues to trade widely in the EU as exchanges await further guidance. USDT Market Cap Declines USDT’s market cap dropped from $138.8 billion on Dec. 30, 2024, to a weekly low of $136.9 billion on Jan. 1, marking its steepest decline since the FTX collapse in November 2022. Despite this, USDT remains dominant in the stablecoin market, with a share exceeding 65% in the $210 billion sector. Additionally, on Dec. 30, Tether transferred nearly $780 million worth of Bitcoin into its corporate reserves, aligning with its commitment to allocate up to 15% of net profits toward Bitcoin purchases. Crypto Potato