Markets

Binance, the world’s leading crypto exchange by trading volume, appears to have spun off its venture capital and incubation arm, Binance Labs, as indicated on the latter’s website. This move occurred earlier this year, marking a significant development during CEO Richard Teng’s four-month tenure. Binance Labs Distances From Binance Binance Labs’s website now clearly states that it operates independently and is not a part of the Binance Group, nor is it involved in any of the...

Paul Grewal, the Chief Legal Officer at Coinbase, has come forward to criticize a letter written by two U.S. senators urging the Securities and Exchange Commission (SEC) to impose stricter regulations on Bitcoin exchange-traded funds and refrain from approving any further cryptocurrency ETF applications. In a March 15 X thread, he challenges the assertions of senators Jack Reed and Laphonza Butler and defends the necessity of expanding the ETF market to include assets beyond...

A further $500 million was brought to the capital markets with the introduction of the Bitcoin ETF, and more is expected as the overall market is recovering. It is anticipated that increased interest in the larger cryptocurrency market will bring more participants into the ecosystem during this bull cycle. Statistics that support the claim  include the fact that, during Bitcoin’s price spike to above $73,000, 1500 Bitcoin wallets have turned into millionaire...

Crypto enthusiasts and savvy investors are often drawn to its appeal with tremendous price growth. And when some meme coin comes, it attracts the entire industry with drastic hype. Similarly, BEFE, the meme coin king has captivated every eye in the industry while touting a projected 5000% price growth as per analysts. Although, practically it would be a possible phenomenon, many speculate whether it is theoretically possible. Is BEFE potential for price growth?...

TL;DR Analysts forecast a significant price increase for Shiba Inu, attributing it to its strong recent performance and a potential breakout above key resistance levels. Interest in SHIB is growing, as indicated by rising Google searches and advancements in its ecosystem, like the Shibarium layer-2 solution. 150% Price Surge on the Horizon? Shiba Inu’s price has been experiencing a downfall in the past few days, resonating with the broader correction reigning in the entire...

Ripple’s price has failed to keep its upward momentum and is currently on a decline. Still, there are several support levels that might push the price higher again. Technical Analysis By TradingRage The USDT Paired Chart Against USDT, the price has recently made a run at the $0.7 resistance level. Yet, it has been rejected decisively and is currently testing the $0.6 support level once again. In case this level fails to hold, the 200-day moving average located around the...

Bitcoin’s price has finally corrected after weeks of aggressive rallying. It dropped by around 10% recently, leaving market participants wondering whether a deeper crash should be expected. Technical Analysis By TradingRage The Daily Chart Looking at the daily chart, the price has been rallying over the last few months, consistently making higher highs and lows. Yet, the $75K resistance level rejected Bitcoin lower, and the market is currently dropping below the $68K support...

As the fourth Bitcoin halving approaches and is about a month away, the primary cryptocurrency’s price experienced something it hadn’t done before – to chart a new all-time high before that significant event. In fact, that happened last week but only intensified during the past several days. The weekend went as it typically does, in a quiet manner, as the asset had calmed at around $69,000. This Monday, though, mimicked the previous one in terms of daily gains, and BTC...

TL;DR Analysts remain optimistic about XRP’s recovery from its current dip, predicting significant price increases and emphasizing the critical role of the bulls in the near term. The outcome of Ripple’s lawsuit with the SEC is seen as a key factor that could drive XRP’s price to new highs, with some forecasts suggesting a rally towards $5.85. Ripple’s XRP is among the numerous cryptocurrencies whose prices nosedived during the most recent market correction. Currently, the...

CoinspeakerSolana’s SOL Breaks Market Cap Records amid Bullish Rally Solana market cap reaching an all-time high could increase bulls confidence on their way to breaking past the previous price ATH that was set more than two years ago. Solana’s SOL Breaks Market Cap Records amid Bullish Rally