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…
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DTX Exchange Becomes Top Crypto Pick In May 2024, Turning Heads of Render and BNB Investors Amid Price Slump
The post DTX Exchange Becomes Top Crypto Pick In May 2024, Turning Heads of Render and BNB Investors Amid Price Slump appeared first on Coinpedia Fintech News As the market shows signs of struggle in turbulent waters in May, investors are eyeing newer and promising platforms that offer quick growth opportunities. Notably, DTX Exchange has emerged as a promising altcoin in the crypto market, attracting attention from Render and Binance coin investors, especially given the recent price dips in these…
1 year ago
BNB Chain Unveils Its Q1 Report: 55.8% Decrease in Value Loss; opBNB Crosses 20 Million Users; BSC TVL Jumps 70.8%
[PRESS RELEASE – Dubai, UAE, May 2nd, 2024] NB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain, today shared its report on the performance of BNB Chain in Q1 2024. It highlights the key growth metrics and updates for BNB Chain’s Layer 1 (L1) BNB Smart Chain (BSC), its L2 opBNB, the decentralized storage solution BNB Greenfield, and security measures. In Q1 2024, the average Daily Active Users (DAU) on BSC increased by 27.3% Quarter-on-Quarter…
1 year ago
Raboo (RABT) Poised for 100x Surge as ETH, BNB Whales Invest: Crypto Market Buzz
Despite their relevance in the market, things have not been going well for Ethereum and BNB recently. This is why their investors have turned their interest to Raboo. Investing in up-and-coming promising projects like Raboo and its presale could be the best move for profit-oriented crypto whales. Keep reading to discover what is so special about Raboo and its presale: Ethereum Loses Investor Enthusiasm Due to Crypto Market Volatility and New Ecosystem Proposal Ethereum investors are growing more anxious as…
1 year ago
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BNBIntroducing ALPHA V0.X — A New Era of Derivatives on BNB Chain
[PRESS RELEASE – Helsinki, Finland, April 27th, 2024] THENA is thrilled to announce the latest update to ALPHA, THENA’s intent-based decentralized derivatives exchange, now powered by both IntentX, Orbs, and SYMMIO. The new version is now live on BNB Smart Chain, and soon opBNB, BNB’s high-performance optimistic layer 2 solution. This upgrade marks a significant leap forward, streamlining the user trading experience with intuitive, informative, and customizable features. THENA team is also now officially ending the beta phase with the…
1 year ago
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BNBBNB Smart Chain Shines In Q1: Triple-Digit Surges In Key Metrics
The Binance Smart Chain (BNB Chain), developed by the world’s largest cryptocurrency exchange by trading volume, Binance, experienced significant growth and performance in the first quarter (Q1) of 2024. As highlighted in a recent report by Messari, Binance Smart Chain has surged in market cap, revenue, average daily active addresses, decentralized finance (DeFi), total value locked (TVL), and average daily decentralized exchange (DEX) volume. BNB Outperforms Bitcoin In Q1 2024 During Q1 2024, BNB Smart Chain demonstrated notable market cap…
1 year ago
BNB Chain to Enable Native Staking on BNB Smart Chain (BSC) following Beacon Chain Sunset
Dubai, UAE, April 25th, 2024, Chainwire All validators will migrate from Beacon Chain to BSC, enabling high-APY native staking on BSC and MEV-based benefits BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain, today announced the addition of native liquid staking (LSDFi) on BNB Smart Chain (BSC) as a result of the BNB Beacon Chain sunset. Enabling high-APY native staking on BSC in addition to enhanced MEV rewards, liquid staking on BNB Chain will allow…
1 year ago
BNB Chain Expands DAU Incentive Program; Offering Up To $200K, Pledges USD $1.85 Million In Ecosystem Incentives
Dubai, UAE, April 24th, 2024, Chainwire BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain, today announced the launch of the next phase of its DAU (Daily Active Users) Incentive Program for projects building on BNB Chain. The program will continue to offer rewards of up to $200,000 USD in BNB tokens to top-performing projects building on the DeFi hub, BNB Smart Chain (BSC). This phase will also now be open to projects building on…
1 year ago
BNB Price Reclaims $600 and Bulls Could Now Aim For New 2024 High
BNB price is attempting a fresh increase from the $550 zone. The price cleared the $600 resistance and might extend its increase above $630. BNB price started a fresh increase after it cleared the $550 resistance zone. The price is now trading above $580 and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support at $592 on the 4-hour chart of the BNB/USD pair (data source from Binance). The pair could gain…
1 year ago
An Unnamed Solana (SOL) Investor’s Kelexo (KLXO) Presale Investment Spurs Speculation Amid Binance Coin (BNB) Steady $600 Mark
DeFi, according to experts, is the way of the future. With the much-anticipated bitcoin halving quickly approaching, investing in decentralized ventures today could yield a sizable ROI in the future. For this reason, even in the early stages of Kelexo (KLXO ) presales, seasoned traders, more specifically, traders from the Binance Coin (BNB) and Solana (SOL) communities, have been monitoring the platform. Solana (SOL) Price Movement, Market Behaviour and Correlation to Kelexo (KLXO) The price of Solana (SOL) has fluctuated…
1 year ago