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Tag Archives: BNBBTC

Bitcoin Sets New ATH Above $51K as Altcoins Bleed Against BTC (Market Watch)

Bitcoin has done it again and painted yet another all-time high, this time above the $51,000 price tag. Most altcoins have fallen against their leader, and BTC has managed to increase its market dominance to above 62%.Bitcoin’s Latest ATH At Above $51KThe past several days have been quite turbulent for the primary cryptocurrency but ultimately positive. Just on Monday, bitcoin was nearing the coveted $50,000, but a sharp retracement drove it down to a low of $46,000.However, the bulls took...

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Binance Smart Chain Unique Addresses Triple in a Week as Investors Seek Cheaper Ethereum Alternatives

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...

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Market Cap Loses $70 Billion as Bitcoin Gets Rejected at $50K (Market Watch)

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...

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Bitcoin Sets a New All-Time High, is $50K Finally Incoming? (Market Watch)

Bitcoin is reminding of itself. The cryptocurrency saw an impressive increase of more than $2,000 in the past 12 hours. This allowed it to set a new all-time high above $49,000. It also had the BTC dominance index increase as altcoins chart mild drops.Bitcoin Price Eyes $50KThe past few days saw Bitcoin’s price being rather indecisive as the cryptocurrency was unable to follow through on its break to $49,000 and tumbled over.Since February 12th, BTC was trading in a range between $46K and...

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Top 5 Crypto Picks Besides Bitcoin to Look for in the Coming Week

Altseason is booming. Data from the popular monitoring resource Coin Market Cap shows that the total capitalization of all alternative cryptocurrencies currently stands just shy of $600 billion. This has reduced Bitcoin’s market dominance to 60%.With this said, we’ve selected five altcoins to keep a close look at in the following week.Yearn Finance (YFI)YFI needs no introduction. It’s the governance token for the Yearn Finance ecosystem, and it’s one that definitely made history....

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Market Watch: Altcoins Skyrocket As Bitcoin Struggles Below $50K

It’s been mostly green on the cryptocurrency market over the past couple of days and this is especially true for the skyrocketing altcoins. The total market capitalization stands at around $1.45 trillion whereas bitcoin’s dominance has been reduced to 60.3%.Bitcoin Struggling Below $50,000Just yesterday, Bitcoin made another attempt to reach the coveted $50,000 mark but unfortunately, it was unable to do so. The cryptocurrency peaked at a high of exactly $49,000 on Bitstamp.At the time of...

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Crypto Price Analysis & Overview February 12th: Bitcoin, Ethereum, Ripple, Cardano, and Binance Coin

BitcoinBitcoin is up by a solid 28.2% this week as the coin set a new ATH today at $49,000. The cryptocurrency had penetrated above the previous consolidation pattern at the start of the month and started to push higher over the past week.On Monday, BTC surged from $38,800 to reach the resistance at $46,427 (1.618 Fib Extension – red). There, it established an ascending price channel. It took a couple of days for BTC to break that level.Today, Bitcoin climbed higher to set the new ATH at...

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Market Watch: Cardano (ADA) Targets $1 as Bitcoin Dominance Plunges Below 61%

Bitcoin’s dominance continues to suffer and has dropped beneath 61% once more as the asset has stalled around $45,000. In contrast, numerous altcoins have spiked, including a new 3-year high of Cardano as ADA has neared $1.Bitcoin Stagnates Around $45KThe primary cryptocurrency registered its largest green candle in history on Monday upon news that Elon Musk’s Tesla had purchased $1.5 billion in BTC. This development drove the cryptocurrency to a new all-time high at above $48,000.However,...

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Binance Coin Price Analysis: BNB Goes Parabolic With 150% Weekly Gains, What’s Next?

BNB/USD – Bulls Set Fresh ATH Near $150.Key Support Levels: $110, $105, $100.Key Resistance Levels: $130, $137.70, $148.37.Binance Coin has absolutely exploded this week after surging by a total of 149%. The coin was trading at just $50 a few days ago as it started to push higher to reach $80 on Monday.From there, it started to turn extremely parabolic as it broke past $100 yesterday and continued higher today to set a new ATH price at $148.37 (1.618 Fib Extension).This type of growth for a...

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Binance Latest IEO SafePal (SFP) Skyrockets 1800% Upon Listing

It appears that the IEO season is coming back as the newest project that saw its listing on the Binance Launchpad charted massive gains of about 1800% upon being launched.Binance IEO SafePal (SFP) Goes ParabolicInvestors in the latest Initial Exchange Offering (IEO) that took place on the Binance Launchpad platform saw handsome gains of up to 1800%.SafePal (SFP) saw its listing price at $0.10 and skyrocketed up to $1.9 in the first moments after its listing. While it can be argued that it’s...

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