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Week #27: Cryptocurrencies with Recent Developments to Watch This Week

This week’s market pulse centers on emerging Layer‑1 innovation, leveraged staking instruments, and novel protocol integrations. As ecosystems mature and narratives evolve, these four assets are capturing investor interest. Aptos (APT): Expansion Through Developer Grants & Partnerships Aptos is trading at $4.89, up 2.32% in the past 24 hours and surging 23% over the week. Core to this performance has been Aptos’s latest round of developer grant programs and strategic partnerships aimed at bolstering Move‑based smart contract activity. The team also highlights exploration into AI integrations, leveraging the same on‑chain protocol targeting Web3‑AI convergence. Daily on‑chain metrics show rising transaction volumes and active wallet counts. Sustained capital inflows and developer momentum may keep APT consolidating its role as a powerful Layer‑1 contender. Near Protocol (NEAR): AU & Chain-Abstraction Drive Usage NEAR is currently priced at $2.20, gaining 1.84% in 24 hours and up
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Should You Trust a Vault or Buy a Lifejacket? Exploring Decentralized Insurance vs. Centralized Exchange Security

What’s the better safety net in crypto: leaving your assets on a reputable exchange or relying on a decentralized insurance protocol? Is it wiser to park your funds in a high-tech vault or carry your own parachute just in case things go sideways? With new innovations like Resolv redefining what insurance looks like on-chain, it’s time to ask: how should traders really protect themselves? What Is Decentralized Crypto Insurance? Decentralized insurance, like what Resolv offers, is basically DeFi’s answer to “What if something goes wrong?” Instead of relying on a centralized provider, protocols like Resolv let users pool funds into on-chain coverage markets. These markets compensate members in the event of hacks, smart contract failures, or exchange insolvencies, all based on rules enforced by code and governed by a DAO. Resolv currently stands out by being claimless and automated. You don’t have to plead your case in a web form or wait weeks to get a response. If an insured event happens
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Will Bitcoin Finally Eclipse $110K Resistance? A High-Stakes Race with Institutional Might

Have you ever wondered what’s really holding Bitcoin back from blasting through the $110,000 ceiling, or what could send it soaring past it? Picture this: massive whales in a tug‑of‑war with skeptical shorts, global markets watching, and BingX at the ready with tools and insights to help you ride the wave. Don’t forget Saylor Mondays with his DCA. There’s a lot to cover, so let’s dive in. Stalled at the Gate? Bitcoin has flirted with the $110,000 level for days, but each advance has been rebuffed despite surging volume and upbeat technical indicators. On the bullish side, technical signals, including bullish pin‑bar patterns and rising 100‑hour moving averages, point upward. Yet each time Bitcoin tries to crest $110K, it retreats to the $106K~$108K zone. It’s a suspense play worth watching and trading. Amid this, institutional demand remains strong. Companies like MicroStrategy have quietly added hundreds of BTC, tightening supply. ETF inflows now exceed billions sinc
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EIP-5792 Explained: The Ethereum Upgrade That Could Make Wallets Actually Easy to Use

Ever tried using a crypto wallet and felt like you needed a PhD in blockchain to send a simple transaction? Welcome to Ethereum in its current form. But what if that painful, multi-click, gas-estimating chaos could be replaced by something smoother, safer, and more intuitive? Enter EIP-5792, Ethereum’s attempt to give wallets a serious UX glow-up. Let’s break it down without any coding knowledge. Why It Matters EIP-5792 stands for Ethereum Improvement Proposal 5792, but don’t let the name scare you. It’s basically a set of new standards that make Ethereum wallets way more user-friendly. Right now, most wallets can only do one thing at a time: send a transaction. Everything else, like viewing a gas fee, simulating an action, or canceling a pending transaction, is awkward, clunky, or even impossible. EIP-5792 changes that by introducing a Wallet Function Call API, which allows apps to “ask” wallets to simulate, preview, and even batch complex actions before anything gets executed. Think
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Stablecoins Are Transforming Online Payments for UAE Traders and Businesses

The UAE, a global leader in fintech innovation, is witnessing a surge in crypto adoption not just among retail users but also businesses and institutions. As the nation pursues its Dubai Cashless Strategy and D33 Economic Agenda, Stablecoins are emerging as a key aggregator for online payments, offering stability, speed, and low costs. The UAE has the highest percentage of crypto ownership among internet users, with 27.18% of its online population holding cryptocurrency, according to a research study by Triple A and GWI. With high adoption, traders, expatriates, and businesses are increasingly turning to stablecoins for remittances, e-commerce, and everyday transactions. Stablecoins, cryptocurrencies pegged to assets such as the US dollar or gold, offer a stable alternative to volatile tokens like Bitcoin or Ethereum. In the UAE, where 88% of the population drives significant remittance flows and businesses seek efficient cross-border payments, stablecoins address key pain points: high
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Week #26: Cryptocurrencies with Recent Developments to Watch This Week

This week’s market trends reflect surging on-chain activity, protocol upgrades, and sharp performance among select assets. On-chain metrics and ecosystem health remain front and center, guiding investor interest and sentiment. Below are the highlights from four notable digital assets.   Avalanche (AVAX): On‑Chain Boom with 1M+ Daily Transactions Avalanche trades at $16.89, up 2.22% in the last 24 hours but down 13.5% week‑to‑date. The network recently hit a milestone of over 1 million daily transactions, driven largely by a minting frenzy around ERC-404 tokens . This surge marks a record-setting moment for on-chain activity, reinforcing Avalanche’s scaling narrative. Network upgrades like Avalanche9000 have slashed fees by over 90%, further fueling activity. This robust engagement demonstrates Avalanche’s modular infrastructure and capacity for mass user interaction. Sustaining this activity could attract more developers and reimagine AVAX’s valuation narrative.   Aave (AAVE)
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Deep vs. Shallow Liquidity: What Traders Need to Know About Centralized & Decentralized Exchange Health

Is your trade getting filled or getting frustrated? Ever tried to buy or sell quickly, only to watch the price slip away like a wet bar of soap? That’s not just bad timing, that’s a liquidity issue. Understanding liquidity depth, and how it differs across centralized (CEX) and decentralized exchanges (DEX), is crucial if you want your trades to work for you instead of against you. So how deep is too shallow and where should you dive in? What Is Liquidity and Why Depth Matters Liquidity refers to how easily assets can be bought or sold without significantly affecting their price. “Deep” liquidity means there’s a large volume of buy and sell orders across a wide price range. In contrast, “shallow” liquidity can lead to painful slippage where executing even a modest trade moves the market unfavorably. Think of it like this: deep liquidity is a pool you can cannonball into, while shallow liquidity means you might crack your tailbone. For traders, depth isn’t a luxury, it’s a necessity. It
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Solana ETFs Are Coming: What S-1 Filings Really Mean for SOL’s Future Price Surge

What happens when Wall Street’s suits start taking crypto seriously? Is Solana about to go from meme-friendly marvel to institutional investor darling? As multiple S-1 filings for a Solana spot ETF hit the SEC’s desk, the stage is set for a potentially explosive shift in the altcoin landscape. But will SOL moon… or merely orbit? Let’s find out more. S-1 Filings Signal TradFi’s Entry Into Solana In recent days, several high-profile financial institutions submitted S-1 filings to the U.S. Securities and Exchange Commission (SEC) for Solana-based spot ETFs. These filings are formal registration documents required by the SEC before any new security, like an exchange-traded fund, can be offered to the public. Translation: Wall Street just sent a friend request to Solana. VanEck and 21Shares are among the first to move forward with Solana ETF applications, making headlines as they seek regulatory approval to bring SOL directly into traditional brokerage portfolios. The move mirrors t
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Is Saudi Arabia Changing Its Stance on the Cryptocurrency Market?

Saudi Arabia’s relationship with cryptocurrencies has historically been cautious. The Saudi Central Bank (SAMA) and the Capital Market Authority (CMA) have been the primary regulatory bodies overseeing digital assets in the Kingdom. Initially hesitant, the government has been gradually warming up to blockchain technology while maintaining strict oversight. The appointment of Mohsen AlZahrani as SAMA’s Virtual Assets and CBDC lead in July 2024 signals a potential shift. Al Zahrani, a fintech Veteran with nearly two decades at SAMA, previously led the SADAD payments system, SAMA’s Innovation Center, and blockchain projects, including the UAE-Saudi Project Aber for Cross-border CBDC payments. His role suggests Saudi Arabia is exploring a regulated framework for virtual assets, potentially including cryptocurrencies. Sources indicate that SAMA and the Capital Market Authority (CMA) are engaging with global crypto firms to draft formal regulations, spurred by the UAE&#8217
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Week #25: Cryptocurrencies with Recent Developments to Watch This Week

The market tone this week continues to reflect cautious optimism, with momentum driven by protocol developments, institutional engagements, and ecosystem upgrades. Traders and investors alike are watching liquidity flows and upgrade timelines closely as these catalysts unfold. Below are the highlights from four digital assets gaining attention. Aave (AAVE): DeFi Lending Protocol Sees Resurgence Aave is trading at $287.06, rising 5.55% in the past 24 hours and about 13% over the week. The protocol is currently undergoing a pivotal governance overhaul through the Aave V3 migration, aimed at streamlining on-chain decision-making while boosting gas efficiency. In addition, its native decentralized stablecoin, GHO, has drawn renewed attention with recent protocol discussions around broader integrations and risk mitigation strategies. This dual momentum in both lending infrastructure and native asset expansion is positioning Aave for deeper DeFi relevance. Analysts see potential upside if th
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Circle’s NYSE Debut: What Its $1 Billion IPO Signals About Stablecoin Mainstreaming

Curious why a stablecoin company just pulled off a crypto version of Oprah’s “You get a car!” moment? On June 5, Circle, the issuer of the US dollar–pegged USDC, burst onto the NYSE, sparking both excitement and questions, and now everyone wants in. What does it mean when a crypto-native outfit raises over $1 billion, more than doubles in value on Day One, and lands amid a wave of regulatory reform? If stablecoins are evolving from niche players to critical infrastructure, where does that leave traditional finance and your next trade on BingX? What Just Happened with the Big Debut? Circle priced its shares at around $106 at the time of this article’s publication, it raised an upsized $1.05 billion, and then soared spectacularly—opening at $69, closing around $83 on debut day while hitting highs above $135 on Monday June 9. All this marks the largest crypto IPO and highlights investors’ hunger for stablecoin exposure. With USDC’s market cap north of $60 billion and fresh complian
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Anchoring Trust: How the STABLE Act Could Redefine the Future of Stablecoins in a Volatile Market

Can a regulatory proposal transform the entire stablecoin ecosystem? Or is it just another storm in the already turbulent skies of digital finance? The STABLE Act isn’t just a footnote in the ongoing debate around crypto oversight. It might be the spark that redraws the lines between innovation and regulation. As stablecoins like USDC, Tether, and PayPal USD jostle for dominance, the real question is: what happens when governments finally tighten the leash? A Bold Step or Bureaucratic Buzzkill? The most recent draft of the STABLE Act, officially reintroduced this May, seeks to bring stablecoin issuers under the oversight of federal banking laws. The proposal mandates that any company issuing a stablecoin must be a federally insured depository institution. That’s not just a little paperwork. It could shut the door on countless DeFi-backed stablecoin projects, turning a permissionless system into a permission-required one. This legislation arrives at a time when stablecoins are not just
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