Category: BNBBTC

Binance Burns Almost $640 Million Worth of BNB Tokens

Binance recently completed its 17th token burn. Over 1 million BNB were removed from circulation, comparable to previous burns. However, due to increased token value, this is the highest value burn of BNB to date. Binance announced the recent burn on their site earlier today – the 17th burn since the first in October 2017. […]

Continue Reading

After $3K Weekend Correction: Bitcoin Targets ATH Amid Anticipated Futures ETF (Market Watch)

After $3K Weekend Correction: Bitcoin Targets ATH Amid Anticipated Futures ETF (Market Watch)

After the massive price drops below $59,000, bitcoin went on a roll again and added nearly $4,000 of value in hours. Most altcoins have stood behind once more, leading to another increase of BTC’s dominance. BTC Eyes New ATH? The weekend started on a high note following the reports that the first-ever Bitcoin futures ETF […]

Continue Reading

Bitcoin Consolidates Amid $60K: Fantom (FTM) Spikes 13% (Market Watch)

Bitcoin Consolidates Amid $60K: Fantom (FTM) Spikes 13% (Market Watch)

Following several days of impressive price surges and consecutive multi-month highs, bitcoin has calmed slightly but still stands above $60,000. Most altcoins are also untypically stagnant, with the exception of Fantom, which has surged by 13% in a day. BTC Remains Above $60K The primary cryptocurrency had dipped below $54,000 just four days ago before […]

Continue Reading

Bitcoin Tapped $63K Amid Latest ETF Developments: BTC Dominance at 3-Month High

Bitcoin Tapped $63K Amid Latest ETF Developments: BTC Dominance at 3-Month High

The latest developments in the US claiming that a Bitcoin ETF might be just around the corner pushed the cryptocurrency to $63,000 hours ago. Most altcoins have failed to follow their leader north, and the BTC dominance reached a near three-month high. Bitcoin Came $2K Away from ATH On October 13th – just three days […]

Continue Reading

Crypto Market Cap Gained $90B: Bitcoin Taps $60K, SOL up 8% (Market Watch)

Crypto Market Cap Gained $90B: Bitcoin Taps $60K, SOL up 8% (Market Watch)

Bitcoin skyrocketed by roughly $3,000 in hours following positive reports coming from the US and touched $60,000 for the first time since April. Some altcoins have also joined the ride, with ETH exceeding $3,800 and Solana spiking by more than 8%. BTC and $60K Met Again Just two days ago, bitcoin had retraced hard and […]

Continue Reading

CAKE Price Analysis: Pancake Swap (CAKE) All Set for A Breakout to Upside

The Pancake Swap DEX on the Binance Smart Chain recently announced the execution of its scheduled token burn via its Twitter handle on 12 October. Its scheduled CAKE burn function results in a token burn of more than 7million CAKE tokens valued at around 132 million USD. The recent Pancake DEX token burn, though significant […]

Continue Reading

Binance Coin Price Analysis: BNB Bulls Take Control and Reclaim $460, What’s Next?

Binance Coin Price Analysis: BNB Bulls Take Control and Reclaim $460, What’s Next?

Key Support level: $460 Key Resistance level: $526; $690 Binance Coin (BNB) has rallied 22% in the past four days on the news that Binance, the largest crypto exchange in the world, will invest $1 billion into the Binance Smart Chain (BSC) ecosystem. Following the news, BNB has successfully broken above the key technical resistance […]

Continue Reading

Binance (BNB) Price Analysis: On-chain Data Shows Rise In Demand for the BNB Coin, Will BNB Outperform BTC?

Why Is Binance Coin (BNB) Price Surging? Among many reasons recent 1 billion USD fund for project development of DApps on the Binance Smart Chain [BSC] is one major catalyst fueling the BNB price.  The crypto data tracking service, Santiment spotted an increase in demand for BNB on wallets with BNB whales acquiring roughly 412K […]

Continue Reading

Fantom (FTM) Price Analysis: Old Resistance Turns Support with a Double Bottom Pattern on 4 Hr Chart

As the crypto market makes a steady recovery from the recent correction in total market cap, Fantom sees a meteoric surge in its DeFi and NFT marketplace adoption and moving from eight to fourth-largest blockchain by DeFi TVL-Total Value Locked. Both Fantom’s FTM token and Yearn Finance YFI have recorded good gains following the expansion […]

Continue Reading

Market Watch: Bitcoin Drops $3,000 as Binance Restricts Access of Chinese Users

Market Watch: Bitcoin Drops $3,000 as Binance Restricts Access of Chinese Users

Following several consecutive days of price gains, bitcoin dropped by more than $3,000 today amid more negative news in relation to China. Interestingly, the situation is somewhat different among some altcoins – Binance Coin has surged by 15% in a day to a new multi-week high above $460. Bitcoin Dumps $3K in a Day The […]

Continue Reading