Ethereum price leads altcoins in recovery following July’s first massive selloff. Binance Coin bulls are eager to send the price above $300 as technical levels flip bullish. The crypto market has started changing red after 48 hours of bearish dominance. Key support levels have been put to the great test, with Bitcoin holding above $29,000.
Binance the world’s largest crypto exchange by trading volume burnt another batch of its native token BNB under its 16th quarterly burn event. The crypto exchange burnt 1,296,728 BNB worth $393 million. The 16th quarterly burn event saw a decline of 33% in the value of the tokens being burnt from the last quarter. The
Stellar price begins the ultimate journey to recovery, breaking away from its peers. BNB price stays in the green for two days in a row as $400 beckons. The cryptocurrency market is generally dealing with a gust of bearish waves. However, as the week comes to an end, the intensity of the downward force appears
Binance Coin price recovery meets key barriers above $300, delaying the upswing toward $360. Polkadot price is back on the drawing board at $13 whole recovery stalls under $14.5. Cryptocurrencies across the board are nursing mid-week losses, led by Bitcoin, Ethereum, and Ripple. Bitcoin holds above $32,000 after revisiting support at $31,600, while Ethereum is
Binance Coin crawls back in the green, accruing nearly 2% in gains. BNB awaits an 18% boost following the formation of an ascending triangle pattern. Binance Coin trades around $305 at the time of writing, following a minor bullish push on the second day of this week’s trading. The uptrend follows lock-step trading action across
Bithumb, one of the largest exchanges in South Korea is reportedly going to list the native token of rival exchange Binance called Binance Coin (BNB) in a rare occurrence since exchanges often don’t list rival firm’s native token. The news was reported by Techflow and the official clipping shows BNB will be paired against BTC.
Binance Exchange’s native token Binance Coin (BNB) recorded another ATH yesterday of $412.26 after spending most of March in consolidation. BNB’s rise this bull season has nothing sort of phenomenal rising from under $50 towards the end of February to a new ATH above $400. The phenomenal rise of BNB was mainly aided by the
Cryptocurrencies have reached a combined market cap of $2 trillion this bull season making them a viable investment vehicle even in the traditional markets. The rising adoption of cryptocurrencies has skyrocketed the demand for crypto service providers especially the likes of top crypto exchanges such as Coinbase, Binance, and Huobi. With rising demand for these
Binance Smart Chain (BSC), the native blockchain of Binance Exchange has recorded several on-chain ATH against Ethereum amid surging popularity. BSC has become the go-to choice for ERC-20 traders as well as Defi traders as the growing gas fee of the Ethereum network has made it a cheaper alternative. The recent rise in popularity has
Pancake Swap, Cream Finance, and few other Defi protocols listed on Binance Smart Chain (BSC) have reportedly experienced a DNS breach from a third-party. Binance CEO Changpeng Zhao has asked traders to stay away from these breached Defi protocols until the risk is mitigated. A number of DeFi projects are under DNS hijack attack. Pancake,
Binance and Huobi crypto exchanges contribute 2/3 of the Bitcoin futures market volume despite US authorities restricting their services in the country. Although these exchanges do not offer their Futures market in the US, the traders in the country by-pass trade restrictions in order to carry out high-leverage trade on these exchanges. Binance is
Binance crypto exchange is reportedly under investigation by the US regulatory authorities from CFTC over the trading activities of the US customers. Early reports suggest that the authorities are trying to investigate whether the world’s largest crypto exchange allowed US traders to trade leverages. The CFTC is investigating whether crypto exchange Binance allowed Americans to
Binance Coin (BNB), the native token of the Binance ecosystem and Binance Smart Chain (BSC) has risen above $300 again recording a new 15-day high of $315. The utility token started rising towards the end of January from just under $50 and rose to a new all-time high of $342, before entering into a consolidation
Meerkat Finance, a Binance Smart Chain project has allegedly rug pulled 13.96 million BUSD and 73,635 BNB with a combined total of nearly $32 million, making it the biggest fraud on Binance Smart Chain. The project claimed their system was hacked earlier, but currently the main website cannot be accessed, making many believe that they
Ethereum price has soared to a new all-time high of $1,950, however, the mounting gas fee on the network has made many defi protocols barely usable. Defi ecosystem that works on top of the Ethereum network is one it the biggest success story from crypto last year and it has continued its boom in 2021
It might be a slow week of the cryptocurrencies, but the same cannot be said for the world’s leading crypto exchange, Binance. In the latest development, the Malta-based platform announced the official launching of the Panama Project. Binance’s official blog post stated, “Binance is officially launching the Panama project, which aims to help Binance Smart Chain and Binance Chain