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,...
Read More »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...
Read More »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...
Read More »DOGE Stays Strong As Leading Altcoins Crash Against Bitcoin Following Tesla’s BTC Purchase
Bitcoin’s price exploded to new highs following Tesla’s allocation of $1.5 billion in the cryptocurrency. BTC’s dominance also increased by about 1.5% as most altcoins crashed against their leader.Bitcoin Paints A New ATH And Expands DominanceNews broke out earlier today that the electric vehicle giant Tesla had purchased a total of $1.5 billion in bitcoin. The price of the asset reacted with a sharp price increase, in which BTC added about $6,000 of value in merely minutes.This resulted in...
Read More »Bitcoin Reached 2% From ATH As Cardano (ADA) Now 4th Biggest Cryptocurrency
After another increase that took BTC to $41,000, the cryptocurrency has retraced beneath the coveted $40,000 level. The crypto market cap reached ATH above $1.2t but has retraced as most altcoins have also corrected slightly. Cardano is the main exception, with a massive 20% surge to a new 3-year high.Bitcoin Touched $41K But RetracedThe primary cryptocurrency was gradually increasing in value since Monday’s dip until it broke above $37,000 a few days back. However, the bulls pulled it...
Read More »Bitcoin Price Eyes $40K While BNB Tops $70 For the First Time (Market Watch)
After losing a substantial share of its market dominance lately, bitcoin has recovered some of the losses by nearing $40,000. This comes even after some altcoins have gained value, including yet another record for Binance Coin above $70.BTC Eyes $40K, Recovers Some Lost DominanceDespite gaining a few thousand dollars since Monday’s dip to $32,000 to about $37,000, bitcoin remained in the shadows while some alternative coins took the main stage. Consequently, they reduced BTC’s dominance over...
Read More »Binance Coin (BNB) Tops $60 For A New ATH, While CZ Says ‘It’s Just The Beginning’
Binance Coin, the native token of the world’s leading crypto exchange Binance, has been surging in the past several days to new all-time high records. Despite jumping above $60 earlier today, company CEO Changpeng Zhao urged people to stay calm as this is “just the beginning.”BNB’s Painted A New ATHWhile bitcoin and some altcoins, such as ETH, DOT, and LINK, took center stage during the recent bull run, Binance Coin seemed rather neglected. Although BNB had also increased in value since early...
Read More »Bitcoin Tapped $38,000 as Market Cap Recorded ATH at 1.150 Trillion (Market Watch)
The total crypto market cap has surged to a new all-time high of $1.150 trillion as bitcoin topped $38,000 before retracing back below it. Most alternative coins also marked substantial gains, including fresh all-time highs for Ethereum and Polkadot.Bitcoin Touched $38KAfter the calm weekend in which BTC retraced to about $32,000, the primary cryptocurrency started to gradually increase its value. This led to yesterday’s break out from the consolidation triangle and an intraday high of...
Read More »Binance Pay Beta Launched: Will It Turn Into The Crypto PayPal?
The world’s leading cryptocurrency exchange by trading volume, Binance, has launched a beta version of a contactless and borderless crypto payments product by the name of Binance Pay. The exchange will enable its users to send and receive crypto payments worldwide, similarly to PayPal.The Crypto PayPal?Presented earlier today by the company’s CEO, Changpeng Zhao, Binance will launch its latest product – the Binance Pay. Currently, in a beta stage.“Binance Pay is a basket product that we plan...
Read More »IDEX Launches on Binance Smart Chain (BSC): Aims To Lower The Transaction Fees
By employing its recently-launched multi-chain solution for exporting data to new blockchains, the decentralized exchange IDEX has launched a Binance Smart Chain trading infrastructure. As a result, the platform will onboard new assets and reduce trade settlement costs sharply.IDEX Joins Binance Smart ChainLaunched last year, the Binance Smart Chain (BSC) blockchain works in parallel with Binance Chain to support smart contracts functionality. The latest integration to BSC comes on behalf of...
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