Tag Archives: binance coin

This week we saw altcoins taking for the skies as Bitcoin was rangebound. This led to a plummeting BTC dominance that hit a 2-year low. Bitcoin was trading slightly below $60K this time last week, and everyone had their hopes up that it would conquer this coveted level. Unfortunately, last Saturday, the price started showing signs of weakness, and it declined all the way to $57K on Sunday. From there, Bitcoin started trading flat and made another unsuccessful attempt at $60K...

This week was undoubtedly bullish for the entire cryptocurrency market, which came inches away from $2 trillion. This happened as Bitcoin looks to reclaim $60K, Ethereum surged above $2,000, and BNB saw a brand new all-time high. In retrospect, it was up only for the entire market during the last seven days. Bitcoin started trading at around $54K and progressed slowly but steadily through the week. On Monday, the price skyrocketed to above $58K before another leg up Tuesday,...

TurtleDex, a decentralized Binance Smart Chain protocol, went through a rug pull. The protocol drained 9000 BNB, approximately $2.5 million. The owners immediately deleted TurtleDex’s telegram, the official website, and the Twitter page.A “rug pull” is a popular term in the DeFi space. In essence, the team behind the project pulls out the liquidity of the tokens being traded and makes off with the money, nowhere to be seen.A Sad day for TTDX HoldersJet Fuel Finance, a yield farming protocol...

The cryptocurrency market went through a correction today as the total capitalization saw about $90 billion wiped off in a matter of hours. This happened as Bitcoin lost around $5000 of its value while the majority of the altcoins followed through with sizeable losses on their own.The cryptocurrency market was due to a correction, according to many analysts, and it appears that one may have just taken place.Bitcoin lost around $5,000 of its value in a matter of hours, bringing the entire...

This week was very interesting in the cryptocurrency market. Many things happened. Bitcoin reached a new all-time high, but so did a lot of other cryptocurrencies.All of the top picks we wrote about last week performed very well amid the booming bull market, and today we take a look at the top 5 altcoins that are worth paying attention to in the next seven days. Let’s have a look.Ethereum (ETH)Ethereum saw a very nice increase in the past seven days. In fact, it managed to break the coveted...

Der Markt ist weiterhin im Aufwind. Erneut eilte Bitcoin in den letzten Tagen zu einem Allzeithoch – über 57.000 US-Dollar ist ein BTC jetzt schon wert. Doch der größte Gewinner dieser Woche ist eindeutig der Cryptocoin der Börse Binance, genannt: BNB. Bitcoin News: Binance Coin outperformt BitcoinIm Wochenvergleich konnte der Bitcoin ein Fünftel zulegen. Nachdem die Marke von 50.000 US-Dollar genommen wurde, kam es allein in den letzten 24 Stunden zu einem Plus von mehr als 8 Prozent.Von der...

This is one of the most monumental weeks in Bitcoin’s history. Today, February 19th, 2021, for the first time ever, the cryptocurrency’s market capitalization surpassed $1 trillion. That’s right! Bitcoin became a trillion-dollar asset!This became possible after a dynamic week of trading where BTC’s price surpassed $50K for the first time in history. Just today, it also charted a new all-time high of $54,924 on Bitstamp – inches away from $55K. Nevertheless, this marks a staggering growth in...

Binance Smart Chain continues to grow as it’s becoming more and more popular among the cryptocurrency community, especially those who are tempted to explore interesting DeFi capabilities on the network. Undoubtedly, the low fees and quicker transaction settlement compared to Ethereum’s blockchain are a strong incentive for a lot of users.BSC Daily Transactions Now 70% More Than Ethereum’sBinance Smart Chain sees an increased number of users getting attracted to it on a daily basis. This is...

Ethereum transaction fees continue to be rather expensive as the network works at a 98% capacity. This has apparently caused users to seek more efficient alternatives, and Binance Smart Chain (BSC) is becoming particularly popular.Binance Smart Chain Rising in PopularityTransaction fees on Ethereum are getting particularly high. Gas costs escalate as users flood the DeFi markets in search of high yields and the “next 100x gem on Uniswap.”This has led to the notion that DeFi is only profitable...

This Monday, in the EU morning trading session, the cryptocurrency market is going through a pullback. Bitcoin got rejected at $50K as it was unable to break this level, resulting in a drop that saw around $70 billion wiped off the total cryptocurrency market capitalization at the time of this writing.Bitcoin Price Fails at $50K.Hopes were high yesterday that the price for Bitcoin would finally break the coveted $50,000 mark. The cryptocurrency came very close to breaching it. It charted a...