Binance Coin

Crypto markets are in the red after a 7-week rally. Major cryptos dropped with Bitcoin on Tuesday, down from record highs just a week ago. Bitcoin was down 7.3% in the last 24 hours. At one point, the largest crypto briefly dipped below $60,000, going as low as $58,702. It later rebounded, trading at around $60,550. At the same time, the largest smart contract crypto Ethereum dropped 9.2% to $4,287. Binance Coin dropped to $583, 9% down in the same period. Solana…

According to Coinmarketcap, there are over 11 thousand crypto assets. Although the number of crypto assets is increasing rapidly, very few are getting mainstream adoption, and others fail. According to a statistic, as of 2019, over 1000 crypto coins had failed. Generally, one factor that contributes to the failure or success of an asset is the level of popularity. The more popular the asset, the higher the investor's chance to consider it and vice versa are also true. Therefore, the…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $1,525 trillion. Bitcoin is trading more or less at the same price as last week after a 0.38% devaluation. Ethereum is down by almost 13% in the past seven days. XRP has dropped by more than 10% over the week. Binance Coin, Polkadot, and Cardano have recorded disappointing losses throughout the week. The DeFi…

Bitcoin (BTC) suffered a significant dip in its price, dropping by more than 11% overnight. This dip took the market by storm, with over $1.6 billion liquidated in exchanges within 12 hours.  Bitcoin (BTC) Price Drops Sharply after ATH Bitcoin has been enjoying steady gains in the past two weeks after a reasonably stable end to January. Buoyed by solid fundamentals, the leading coin's price surged past the $50k on February 16 to herald a new bull run.  Since then, BTC's price…

Binance native token BNB price reaches new heights and has just dethroned Tether to become the 3rd biggest cryptocurrency based on market cap. This surge in price is thanks to the rise of Binance Smart Chain (BSC) and other protocols of its ecosystem, such as PancakeSwap.  Binance Coin (BNB) Breaks All-time High Binance ecosystem utility token Binance Coin (BNB) has experienced a massive increase in price in recent weeks. In today's early hours, BNB set a new all-time high of…

The crypto market is in the bullish zone led by the two largest cryptocurrencies, Bitcoin and Ethereum. The leading cryptocurrencies have hit new all-time highs in the last 24 hours, and this has caused a ripple effect in the market.  Bitcoin And Ethereum Hit All-time Highs Bitcoin has continued to make rapid gains in recent weeks, buoyed by recent institutional adoption. In the past two weeks, the leading cryptocurrency has made 30% gains from $38k and recently crossed the $50k…

Anyone hanging around the crypto space in 2023 will recall the meteoric rise of all crypto assets, BTC and ETH, especially, which peaked at $69,000 and $4,500, respectively. The entire bull run was by the BTC halving, ETH's rampant innovation, and, most importantly, the DeFi and NFT craze. Since then, the crypto market has been in a 1-year-long recovery phase, with thousands of projects leaving the scene and even more coming up. Since the bull run, one of the leading…

The consolidation of Binance Coin (BNB) has been within a narrow trading range. Within the previous two months, most of its price action has been between the $15 support level and the $18 barrier. Regarding the technical outlook of the cryptocurrency asset, the current stagnation phase is due to the Bollinger bands squeezing its 1-day chart. Such squeezes suggest times of low volatility, generally succeeded by wild price movements. The possibility of having a robust breakout increases with a longer…