Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Binance
Investor Alert: Binance Coin (BNB), Toncoin (TON) and DigiHorse (DIGI) Reach Crucial Turning Point For Over 100% Rally
In the spirit of ‘uptober’, these three coins have been identified as potential game-changers for all crypto investors - Binance Coin (BNB), Toncoin (TON), & DigiHorse (DIGI). BNB climbed up in the last 30 days by 16% and over 1% in one day. Similarly, Toncoin (TON) whales’ transactions have increased by 124% significantly influencing its trading volume. With another round closing soon, DigiHorse continues to gain traction among investors. This may be due to analysts' prediction of the coin becoming…
8 months ago
Binance Coin ($BNB), Fantom ($FTM), THORChain ($RUNE) – good time to buy?
When/if Bitcoin ($BTC) makes its next upside move, some of the more fundamentally sound altcoins have the potential to outperform. Binance Coin ($BNB), Fantom ($FTM) and THORChain ($RUNE) are among them. Is now a good time to buy? Bullish price action for $BNB Source: TradingView The $BNB price action is looking quite bullish thus far. A series of higher highs and higher lows has taken the price from $472 to the current $572. The price has just bounced from the…
8 months ago
72% Of ETHUSDT Traders On Binance Go Long – Is This The Buy Signal You Need?
In a recent trading activity on the crypto exchange Binance, 72% of ETHUSDT traders have taken long positions. This interesting sentiment is revealed through the trading analytics platform CoinGlass. This surge in long position is more notable as it comes after a week of Ethereum trending downwards. The strong tilt toward long positions suggests that most traders are confident Ethereum’s price will rebound in the coming week. On the other hand, 27.97% of Binance traders are still holding short positions…
8 months ago
5 Cryptos to Watch for Major Returns: Binance, Ethereum, Cardano, Ripple, and BlockDAG in Focus
Investing in the right cryptocurrency ahead of the next bull market could be your ticket to life-altering gains. While talk of 1000x returns may sound bold, some projects are already showing signs of delivering those sky-high profits as the market prepares for another surge, potentially in late 2024 or early 2025. So, what are the top cryptos to watch that could capitalize on this next big wave? Let’s dive into the five projects with serious potential for massive returns. 1.…
8 months ago
Top 5 Cryptos with High Potential: How Binance, Ethereum, Cardano, Ripple, and BlockDAG Stack Up
Choosing the right cryptocurrency ahead of the next anticipated bull run could result in significant returns. While gains in the range of 1000x may seem optimistic, several projects are showing signs of strong potential as the market gears up for a possible surge by late 2024 or early 2025. The key question remains: which projects are best positioned to benefit from this upcoming momentum? Let’s explore five promising cryptocurrencies with potential for notable returns. 1. BlockDAG: Pioneering Blockchain with DAG…
8 months ago
Binance Market Dominance Plunges: A Deep Dive Into The 36% Share Drop
According to a recent report by Bloomberg, Binance, the world’s largest cryptocurrency exchange by trading volume, is facing significant challenges as its market share continues to decline. In September, Binance’s share of trading volume in the roughly $2 trillion digital asset market fell to 36.6%, down sharply from 42.7% at the start of the year and the lowest level in four years, according to data from CCData. Binance Spot And Derivatives Trading Hits Four-Year Lows The drop in market share…
8 months ago
Binance May Soon Delist These 5 Altcoins: Everything You Need to Know
Binance, the world’s largest crypto exchange, has flagged five altcoins for potential delisting. This decision comes as the exchange added Bluzelle (BLZ), CLV (CLV), SelfKey (KEY), Prosper (PROS), and VITE (VITE) to its Monitoring Tag list, indicating increased scrutiny due to heightened volatility and risks. Altcoins Crash Due to Risks of Binance Delisting The Monitoring Tag is Binance’s method of singling out tokens that might not meet its stringent listing criteria anymore. The review criteria are thorough, assessing factors from…
8 months ago
Is This VC Cashing Out? Moves UNI, COMP, AAVE, And SNT Tokens To Binance
Fenbushi Capital, a blockchain-centric venture capital (VC), appears to be cashing out after moving four tokens, including Aave (AAVE) and Compound (COMP), to Binance. The VC is moving these tokens to the exchange, possibly to sell and lock in their profits or cut losses when market participants expect prices to tick higher. Fenbushi Capital Cashing Out? Sends AAVE, UNI, SNT, and COMP Tokens To Binance After the series of lower lows after crypto prices peaked, mainly in Q1 2024, the…
8 months ago
BlackRock Bitcoin Stash Nears 370,000 BTC, Closes In on Binance
BlackRock remains steady with its Bitcoin accumulation appetite, growing its portfolio to 363,626 BTC as of Friday, September 27. The asset manager has been bullish on crypto for nearly a decade and does not show signs of stopping. As it grows its Bitcoin holdings, BlackRock is solidifying its place among the most dominant institutional players in the crypto playing field. BlackRock Grows Bitcoin Portfolio With 1,434 BTC Purchase The asset manager bought 1,434 BTC valued at $94.3 million on Friday, bringing…
8 months ago