BNB price (Binance coin) is recovering above $240 against the US Dollar. The price might gain bullish momentum if it clears $250 and $255. Binance coin price is attempting a recovery wave above $232 against the US Dollar. The price is now trading below $240 and the 100 simple moving average (4 hours). There was […]
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Ethereum price is gaining pace above $1,920 against the US Dollar. ETH could gain bullish momentum and might soon clear the $2,000 resistance. Ethereum is attempting a fresh increase above the $1,920 zone. The price is trading above $1,900 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line […]
Bitcoin price is moving higher above the $30,500 resistance. BTC is showing positive signs and might aim for a new high above the $31,400 level. Bitcoin is trimming all its losses and trading above the $30,500 resistance zone. The price is trading above $30,500 and the 100 hourly Simple moving average. There is a key […]
Conflux (CFX) has had a positive run so far in 2023, placing itself amongst the best-performing altcoins in the first half of the year. However, the “Chinese Ethereum” has been trading in the red in the past few days. According to data from CoinGecko, CFX lost nearly 16% of its value in the past week. […]
Compound (COMP), the governance token of the Compound protocol, has experienced a remarkable surge in value over the past week, positioning itself as one of the top gainers in the cryptocurrency market. The token’s price has risen by an impressive 33% within a span of just seven days. Whale Activity Behind Price Increase The recent […]
In a recent community call, the team behind the Ethereum Name Service (ENS) revealed plans to adopt a Layer-2 platform in light of increasing gas fees on the mainnet. In response to this planned move, ENS prices climbed roughly 10%, floating higher with increasing trading volumes, evident in the daily chart. The Ethereum Name Service ENS […]
It appears that the co-founder of Ethereum, Vitalik Buterin, doesn’t trust the security of infrastructure allowing ETH staking. Consequently, in a recent interview, Buterin stated that he would only stake a limited amount of coins to ensure the network is distributed and remain robust against malicious agents who might try to take over the platform, […]
In a recent tweet, Changpeng “CZ” Zhao, the CEO of Binance, drew attention to the dynamic nature of Bitcoin’s price and its increasing practicality. The tweet was timely, aligning with Bitcoin’s ascent above $31,450, marking its highest value since June 2022. This surge was primarily attributed to the US Securities and Exchange Commission’s endorsement of […]
Bitcoin Cash (BCH) has experienced a remarkable upswing, with its value soaring by 55% in the past week. This surge can be attributed to two key factors: BlackRock’s recent application for a Bitcoin spot ETF with the United States Securities and Exchange Commission and the launch of EDX Markets. BlackRock’s move to seek SEC approval […]
Polygon (MATIC) has recently made a significant announcement, unveiling the architecture of its highly anticipated Polygon 2.0. The community has been eagerly awaiting this update, hoping it will address various scalability issues and bring further improvements to the network. Despite the excitement surrounding Polygon’s future plans, the token, MATIC, seems to be experiencing a period […]
Stellar (XLM), the decentralized blockchain platform aiming to revolutionize the world of cross-border transactions and digital asset transfers, has emerged as one of the most promising cryptocurrencies in today’s market. With its recent surge, Stellar has garnered significant attention and is rapidly becoming one of the biggest gainers of the day. As Bitcoin’s price continues […]
Bitcoin had been trending over $31,000 for the better part of Friday after reclaiming this support level from the bears. However, this did not last long as the digital asset saw a flash crash that sent its price spiraling toward the $29,000 level. SEC Says ETF Filings Are Inadequate On Friday, the Wall Street Journal […]
Compound (COMP) has recently surged with a staggering 113% rise in just two weeks, and the reason behind the rally has been the talk of the crypto community. DeFi Ignas, a decentralized finance (DeFi) researcher, has analyzed the recent developments surrounding Compound and provided insights into the potential factors contributing to the surge. Compound Takes […]
The recent surge in Litecoin (LTC) price propelled it to reach a significant psychological level of $100. This upward movement has provided a bullish boost and allowed the altcoin to register gains in recent trading sessions. However, despite this bullishness, the price of LTC remains within bearish territory, indicating ongoing downward pressure. Reclaiming the $100 […]
The US Securities and Exchange Commission (SEC) has reportedly told exchanges Nasdaq and Cboe that recent filings for spot Bitcoin (BTC) exchange-traded funds (ETFs) from asset managers including BlackRock and Fidelity were not “clear and comprehensive” enough. Bitcoin ETFs In Jeopardy? The SEC has rejected several Bitcoin ETF filings in recent years due to concerns […]
The United States Securities and Exchange Commission (SEC) has raised concerns about the recent filings for spot Bitcoin exchange-traded funds (ETFs), stating that they are insufficient. This comes after asset management giants BlackRock and Fidelity submitted their applications to launch spot Bitcoin ETFs. The Wall Street Journal reported that the SEC shared its perspective on […]
Institutional trade volume on the OKX Liquid Marketplace has surpassed $3 billion, the second-largest crypto exchange by trading volume announced on Friday. The Liquid Marketplace is an on-demand liquidity network for professional and institutional traders. This platform allows traders to send requests for quotes (RFQs) to market makers for large digital asset transactions. OKX Liquid […]
Ethereum Classic (ETC) is currently experiencing a rise in its market price, gaining 13.99% in the last 24 hours, according to data from CoinMarketCap. Following the ETC’s dip in the last two days, it appears the bulls have retaken control of the market, pushing the coin to trade above the $20 mark for the first […]
Institutional investors are paying more attention to cryptocurrencies and digital assets. According to a recent survey report by Binance Research and Binance VIP & Institutional, 88% of institutional users have a long-term, optimistic outlook on crypto for the next decade. The crypto market is known for its high volatility, but the majority of big-money players […]
Litecoin has observed a sharp increase of around 18% during the past day as the much-anticipated halving is just over a month away now. Litecoin Outperforms Market With A Strong 18% Surge Like most of the wider cryptocurrency market, LTC had enjoyed a sharp rally a week or so back, which had taken its price […]