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
BINANCE to Burn SHIB! Can it reach $0.00002065?
The post BINANCE to Burn SHIB! Can it reach $0.00002065? appeared first on Coinpedia Fintech News Shiba Inu, along with other meme coins like Doge, Pepe, and DOGwifhat, has experienced a significant price rise in the past 24 hours. The enthusiasm of the Shiba Army and the activity on the charts suggest that Shiba Inu might be gearing up for a price rally. Shiba Army’s Request to Binance Recently, Binance CEO Richard Tend tweeted about US listed Bitcoin ETFs. In…
11 months ago
Crypto Crackdown in Nigeria: Binance Accused of Tax Evasion!
The post Crypto Crackdown in Nigeria: Binance Accused of Tax Evasion! appeared first on Coinpedia Fintech News In a landmark move, a Nigerian court will begin proceedings against Binance on October 11 for alleged tax evasion, as reported by Reuters. The cryptocurrency giant faces four counts, including failing to register with Nigeria’s Federal Inland Revenue Service for tax purposes. More on this below! Binance Pleads Not Guilty At a hearing before Judge Emeka Nwite on Friday, Binance representative Ayodele Omotilewa…
11 months ago
BNB Drops After Whale Moves $103 Million: What’s Next for Binance Coin?
Binance native coin BNB has suffered similar bearish sentiment as Bitcoin in the past few months after reaching a new all-time high. An anticipated altseason in the near future triggered by the final approval of spot Ether ETFs and a reversal in BTC dominance will send BNB price to its parabolic phase. Amid the heightened crypto volatility fueled by institutional investors, Binance Coin (BNB) has registered a notable spike in whale activity. According to on-chain data provided by BscScan, a…
11 months ago
Binance Coin (BNB) and Dogecoin (DOGE) Drop as Governments Sell Seized Tokens, While Clandeno (CLD) Gains Traction; ICO Live
Crypto Market Feels Government Chill While Clandeno (CLD) Heats Up with Live ICO The cryptocurrency market is experiencing a wave of uncertainty as government actions cast a shadow over some major coins. Leading cryptocurrencies Binance Coin (BNB) and Dogecoin (DOGE) are facing price declines, potentially triggered by news that governments are selling off seized tokens. This cautious atmosphere, however, is not deterring all investors. Clandeno (CLD), a project building a decentralized e-commerce platform, is witnessing a surge in interest as…
11 months ago
Top Crypto Stories: Bitcoin’s Resilience, Binance Coin Whale Moves, and Furrever Token Launching Soon!
The post Top Crypto Stories: Bitcoin’s Resilience, Binance Coin Whale Moves, and Furrever Token Launching Soon! appeared first on Coinpedia Fintech News Today in the cryptocurrency market, three key players are in the spotlight: Bitcoin, Binance Coin, and the new Furrever Token. Bitcoin remains robust at $58,000 amid market fluctuations and anticipation of U.S. inflation updates. Binance Coin is experiencing volatility due to significant movements by large investors, prompting caution among traders. Meanwhile, Furrever Token is generating buzz with its…
11 months ago
Large ETHFI Deposit to Binance Sparks Questions on Token’s Dynamics
The post Large ETHFI Deposit to Binance Sparks Questions on Token’s Dynamics appeared first on Coinpedia Fintech News In an intriguing move, a wallet likely associated with Ether.fi has deposited 800k ETHFI tokens, valued at approximately $1.87 million, into Binance just an hour ago. This same wallet had earlier received a substantial 10 million ETHFI tokens from the Ether.fi team three months prior. The exact vesting category of these tokens remains uncertain, raising questions about whether they originated from the…
11 months ago
Binance Bought A Whooping 41,000 BTC During The Dip: Did They Save The Bitcoin Market?
Bitcoin is moving sideways at press time, absorbing the wave of selling over the last week. Even though there are some optimists, the candlestick arrangement in the daily chart points to weakness. This preview, at least from a technical angle, remains as long as prices trend below the round number of $60,000 and the liquidation level at around $66,000. Binance Bought The Bitcoin Dip Amid the recovery, one analyst, pointing to interesting on-chain data, observed that when prices fell last…
11 months ago
Binance Marks Its Seventh Anniversary with 10% Bitcoin Holdings Growth
Binance continues to defend its heft as the largest crypto trading platform by trading volume metrics globally. As the exchange turns seven, reports indicate that its Bitcoin (BTC) holdings continue to grow. Centralized exchanges such as Binance and Coinbase facilitate the buying, selling, and trading of cryptocurrencies, acting as intermediaries between buyers and sellers. Binance’s Bitcoin Exchange Reserve Soars 10% CryptoQuant founder and CEO Ki Young Ju reports that Binance Exchange’s Bitcoin holdings have increased by 10% since early 2024.…
11 months ago
Crypto Whales Buy The Dip As $22 Million In XRP Flows Out Of Binance
XRP is starting to recover after bouncing off $0.405 on July 5, suggesting the early stages of a rebound may be brewing. The crypto market has been volatile lately, and XRP hasn’t been spared. The crypto’s price took a dip recently, dropping below $0.40 for the first time in over a year. It is interesting to note that on-chain data suggests that some whales may be accumulating in anticipation of a major comeback, which may even be responsible for the…
11 months ago