According to data from CoinGecko, Bitcoin was under pressure once more on Thursday morning, as the leading crypto sank to a low of four weeks at $22,408 briefly. But, it had climbed back up once more at the time of writing to a value of $22,715, still below the $23,000 mark. Price action This latest…
Global Crypto Economy Shrinkage Up To $1.5 Trillion About a year ago now, the crypto economy could easily be evaluated at a whooping value of $2.334 Trillion. However, from 20th December 2021 till 20th December 2022, the economy lost roughly $1.5 Trillion. Today, the global crypto economy is resting at a value which is less…
FTX Infection Paves Way for Criticism against Binance After FTX was forced to face bankruptcy proceedings, Binance has been overwhelmed with a number of uncertainties, doubts, and unnecessary speculation. Peculiarities are stemming out of FTX’s downfall which subsequently paved way for rumors that Binance also is under investigation by US regulators. Reuters’ 12th December publication…
In the past couple of days, the trading prices of two tokens issued by the BNB Chain seem to be performing well. Their performance is somewhat better than the rest of the major cryptocurrencies. Nowadays, it is only a matter of luck for any cryptocurrency to experience a boost in its value. Even the likes…
Binance Coin (BNB) has displayed disappointing antics since early September, worrying market players. Nevertheless, a report showed the exchange crypto attained some lucrative performance in some crucial areas. BNBburn revealed that the coins burned in Q3 exceeded the Q2 record. While publishing this post, Binance Coins burned in the 3rd quarter were 2,040,503.56 $BNB, compared…
Ripple’s XRP and Cosmos’ ATOM are among the few assets with substantial upticks within the last 24 hours. Ethereum continues to dip after the awaited Merge. Bitcoin recorded further declines, moving beneath the south-after $20K. That saw the crypto hitting a week low around the $19K vicinity. Also, Ethereum remained down after the Ether 2.0-…
In June 2022, the market cap gap between USDC and USDT was only about $10B. It seemed as if USDC was closing the gap and overtaking USDT, its biggest rival. The two most popular stablecoins began the year with a market cap gap of nearly $36B. However, a recent shift of events has seen Tether’s(USDT)…
The rate at which hackers target the decentralized ecosystem is rising daily. After a recent rug pull, the market value of a famous play-to-earn blockchain platform, the GameFi initiative, dropped by 99%. Similarly, another DeFi network lost millions to the recent attack on its platform. Moreover, the blockchain security and analytic firm PeckShield Alert posted…
At the time of writing, the trading price of Binance Coin (BNB) is worth $383.41 per BNB and the bears are currently controlling its trend. The data from CoinMarketCap shows that Binance Coin has experienced a 3.54% dip in its value in the past 24-hours. Due to the dip, the trading price of Binance Coin…
Binance Coin (BNB) is currently sitting at a unit price of $449.0 per BNB and the bears are trying really hard to lower its value. On the other hand, the bulls are not only fighting against the bears but they are also trying to increase the price of Binance Coin with strong buying sentiments. Past…
In the past 24-hours, Binance Coin (BNB) has observed a 0.26% uplift in its value, bringing its unit price up to $428.4 per BNB. At the moment, the overall trend for Binance Coin appears to be neutral, meaning it could lead to any corner. The overall performance scale for Binance Coin is neutral, which means…
As of now, the bulls are trying their hard to keep the price of Binance Coin (BNB) over the 50-day EMA. As of now, the 50-day EMA for Binance Coin is at $402.1 per BNB. At the moment, the investors are fighting against the resistance of the bears to push BNB’s price even higher. The…
Binance wants to serve its customers from the United Kingdom and for doing so it has decided that it has to completely overhaul its existing UK platform for making it a fully licensed and regulated crypto trading platform in the UK. The world’s largest international crypto trading company, Binance has eventually decided that it needs…
After Tuesday’s mixed sessions, Bitcoin requires a move past $51,500 to expose levels past $53,000. In this Bitcoin’s technical analysis, we will evaluate price actions from yesterday and today, Fibonacci’s, pivot levels, resistance, and support. Moreover, we will explore the global market moves and any vital market drivers. Bitcoin’s Yesterday Price Moves Bitcoin (BTC/USD) surged…
