Binance Coin surged by an impressive 55% this week to a fresh 14-month high, surpassing $32.50.Against Bitcoin, BNB also created a fresh 14-month high as it reached over the 0.003 BTC mark.The latest price increase allowed Binance Coin to escalate back into the top-7 cryptocurrencies by market cap.BNB/USD – Bulls Set Fresh 2020 Highs At $32.57Key Support Levels: $28.38, $27.17, $25.75.Key Resistance Levels: $30, $32.57, $34.37.At the beginning of September, the drop in the price of Bitcoin...
Read More »Who Is Behind BurgerSwap? Already $400 Million BNB Staked in 1 Day Via Binance Smart Chain
As the DeFi space continues to boom, developers have come up with yet another iteration of a Uniswap-like automated market maker. Zeroing down on the meme-based food token craze, the platform is called BurgerSwap. BUIDL it, and they come. I do not know who built this one, but it’s already live on #BSC.BurgerSwap https://t.co/hsFQCZ8bcq— CZ Binance (@cz_binance) September 12, 2020BurgerSwap, unlike SushiSwap or other alternatives, is based on the Binance Smart Chain. It’s an implementation of...
Read More »Bitcoin Reclaims $10,500, YFI Reached a Record Price of 4.2 BTC (Sunday’s Market Watch)
Bitcoin has taken another swing at the previous 2020 high of $10,500 and currently trades above it. Ethereum nears $400, while the top 10 tokens see a few rotations, including Polkadot and Binance Coin.DeFi tokens are booming again with Yearn.Finance marking a new all-time high of about $44,000.Bitcoin Progresses SteadilyThe primary cryptocurrency traded in a tight range between $10,280 and $10,360 yesterday. However, the bulls decided to act and increased Bitcoin’s price firstly to $10,480...
Read More »Bitcoin Struggles At $10,400: Binance Coin (BNB) Spikes To 7-Month High (Sat’s Market Watch)
Bitcoin continues to trade in the five-digit territory and even spiked towards $10,400. Binance Coin (BNB) is among the best performing tokens today, while most other larger-cap alts are marking minor gains.Bitcoin Struggles At $10,400After the unsuccessful attempt to overcome $10,500, Bitcoin dived yesterday and bottomed at about $10,200. However, the bulls interfered at that point and didn’t allow any further declines.In the following hours, BTC fluctuated in a tight range between $10,250...
Read More »Is The Correction Over? Bitcoin Struggles To Maintain The $10,000
Bitcoin has reduced its high volatility as of late and remains above $10,000. The rest of the market shows recovery signs, including Chainlink, which is back in the top 5, and SushiSwap’s triple-digit price surge has returned SUSHI in the top 100.Bitcoin Stays Above $10KAfter a few consecutive days of massive price fluctuations, in which BTC lost $2,000 of its value, the past 24 hours were relatively calm. Bitcoin bounced off $10,000 again but since then pumped to the intraday high of...
Read More »Bitcoin Challenges $11K As Altcoins Seek Recovery
After several days of gains, Bitcoin has stalled a bit around the $11,000 mark. Simultaneously, most large-cap altcoins have managed to increase their value against both the US dollar and BTC.Bitcoin At $11,000The past several days were nothing short than impressive for the primary cryptocurrency. Its $2,000 price surge came somewhat surprisingly for some, but BTC reclaimed successfully, firstly $10,000, then the significant $10,500 resistance.Bitcoin also attempted to conquer $11,000 on a...
Read More »BNB Skyrockets To $20 As CZ Hints On A Binance DeFi IEO
Bitcoin maintains its position above the $9,500 level, while some altcoins mark impressive gains. Rumors from Binance CEO CZ about an upcoming DeFi involvement send BNB upwards.At the same time, the US stock market indexes decrease in value a bit while gold broke above the coveted level of $1,900 per ounce.Gains In The Crypto MarketAfter yesterday’s sudden loss of over $4 billion for the entire cryptocurrency market cap, today’s situation appears reversed. Bitcoin’s $9,500 support line...
Read More »Bitcoin Dominance Records 5-Month Low: BTC Begins Another Week In Place
Altcoins continue gaining traction, while Bitcoin remains calm. This decreases BTC’s dominance over the cryptocurrency market down to 62%, which is the lowest point in five months.Altcoin Market Rises To The OccasionThe past 24 hours come as another example that the altcoin market is fluctuating massively lately. This is especially evident among lower-cap alternative coins. Today’s leader is Terra (LUNA), with a surge of nearly 40% towards $0.37.Band Protocol is next after going up by 32% and...
Read More »5 Promising Cryptocurrencies Besides Bitcoin That Can Break Their All-Time High In 2020
While Bitcoin remains relatively calm in its comfort price territory, lots of alternative coins have been fluctuating significantly. Decentralized finance (DeFi) and some prominent developments from several projects initiated serious price increases for various altcoins, and given the decrease in Bitcoin’s dominance, a new altcoin season booms.Chainlink (LINK) continues to impress with its performance, marking new all-time high records one after the other. With that in mind, let’s have a look...
Read More »Market Watch: Binance Coin Surging Following BNB Burn and IEO Rumors, Bitcoin Celebrates In Place
The weekend turns out to be a rather boring one again for Bitcoin’s price as the asset continues hovering at about $9,150.However, the fluctuations within the altcoin market attract attention, with numerous double-digit gainers, led by Binance’s most recent acquisition – Swipe.Twitter Hack And BitcoinAfter the blatant Twitter hack earlier this week, the situation around the social media giant continues to unfold daily. The FBI initiated an extensive investigation, and now recent reports...
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