Crypto news

Binance Smart Chain is currently the fastest growing blockchain network in the decentralized space that emerged as a savior for the Defi ecosystem and ERC-20 token traders amid significantly high transaction costs on the Ethereum network. As a result, a majority of the ERC-20 traders have been using BSC to mitigate the transaction cost, and several Defi projects both new and old have added BSC cross-chain support to ensure seamless transactions. Amid the growing...

Binance’s native crypto asset has been on a roll in 2021, resulting in breaking into uncharted territory quite regularly. With the latest record coming a few hours ago above $650, the asset’s total market cap went into a nine-digit territory.  After the start of the ongoing crypto bull run in October last year, Binance Coin seemed somewhat trailing behind. While bitcoin and other digital assets were surging with double-digits monthly and reached new records by the end of...

ETH/USD – Bulls Explode Past $3000 To Set New ATHs At $3200 Key Support Levels: $3075, $3000, $2825.Key Resistance Levels: $3225, $3325, $3400. Ethereum saw an impressive 7.5% price hike today, breaking past $3000 and reaching as high as $3200. The coin is now up by a total of 36% over the week after surging above a symmetrical triangle pattern last week. From the breakout, ether continued to set new ATH prices each day until hitting resistance at $2800 last Thursday. This...

The popular cryptocurrency wallet MetaMask warned its customers of a new phishing bot that attempts to get their seed phrases. According to the team, the fraud tries to lead users to a so-called ”instant support” portal where they are prompted to enter information into a Google Docs form. The New Scam MetaMask – a project focused on Ethereum-based tools and infrastructure – tweeted today (May, 3rd) revealing a new fraud that attempts to harm users of the platform. The...

Stellar lumen price started a fresh increase above the $0.5000 resistance zone against the US Dollar. XLM price is now trading well above $0.5000 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.4950 on the 4-hours chart (data feed via Kraken). The pair is likely to accelerate higher above the $0.5750 and $0.6000 resistance levels. Stellar lumen price is gaining pace above $0.5000 against the US...

The Binance Smart Chain powered DEX has surged in popularity in recent months as DeFi newbies flock to the platform to avoid paying heavy gas fees on Ethereum. Figures from on-chain data providers indicate that the record figures for BSC and PancakeSwap have indeed surpassed that of the Ethereum network, despite its record price high of $3,100 today. PancakeSwap’s analytics dashboard does not appear to be updating TVL and volume figures, but its daily transaction count is...

Ripple price started a steady increase above the $1.20 resistance zone against the US dollar. The price is now trading well above $1.50 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $1.20 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start a major increase if there is a clear break above $1.65 and $1.70. Ripple price is gaining pace above the $1.50 level against...

The second-largest cryptocurrency by market cap continues with its impressive 2021 performance by registering yet another record. This time, ETH skyrocketed to another rounded-number milestone of $3,000. Ethereum entered the new year at $760 after an impressive surge throughout 2020, in which, its lowest price was approximately $90 at mid-March, following the COVID19 financial crash. The high demand for the ETH token, together with the ongoing crypto bull run, eventually led...

Bitcoin has come quite far over the past year. So far, in fact, that many people say they would not mind getting paid in it. Some, such as Elon Musk – the South African entrepreneur behind billion-dollar companies such as SpaceX and Tesla – have stated that they want their salaries paid in BTC, but some are now taking steps to make sure that this happens. One of those figures is Sean Culkin of the Kansas City Chiefs. Sean Culkin Wants a BTC-Based Salary In a recent...

WisdomTree Investments, a NY-based fund manager, has launched a physically-backed Ethereum ETP on two European stock exchanges through its local subsidiaries. This becomes the organization’s second crypto-related ETP released in the past month, after an exchange-traded product following the performance of Bitcoin. WisdomTree’s ETH ETP Live in Europe Headquartered in New York, WisdomTree Investments is an exchange-traded fund and exchange-traded product sponsor, and an asset...