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Tag Archives: BNBBTC

Market Watch: Altcoins On Fire As Bitcoin Dominance Taps Yearly Lows

Following the wild weekend ride in the cryptocurrency market, the situation appears less volatile now, at least among most large-cap assets. Bitcoin has returned to $11,200, while Ethereum hovers above $380. Some lower-cap altcoins, however, are displaying high fluctuations again.A Breath Of Stability For BitcoinThe weekend was nothing short than volatile for the primary cryptocurrency. On Saturday, Bitcoin went on a bull run and marked a new yearly high of above $11,700. Although it retraced...

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Weekend Ride: Bitcoin Plunged $1500 In Minutes, After Recording Fresh 2020 High

The cryptocurrency market went through a Sunday morning roller-coster with some intense moves charted. Bitcoin marked a new yearly high of above $12,000 before tanking in a matter of minutes to $10,490 (on Binance). Similar developments followed most altcoins, but the market appears to have calmed now.Bitcoin’s New 2020 Top And DropAugust doesn’t look anything like July for the primary cryptocurrency so far. While July began with slow and dull price movements, Bitcoin has taken August for a...

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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...

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CryptoPotato’s Fund Records Monthly 22% Increase: Here’s What Changed

CryptoPotato’s cryptocurrency fund (the Crypto Fund) launched nearly a year ago continues to attract new investors and its performance has increased sharply during 2020 and especially in the past month. The growth comes after a significant change in its asset allocation with the purchase of Augur’s native token – REP. CryptoPotato’s Crypto Fund History During the summer of 2019, CryptoPotato launched an innovative fund that invests in several digital assets. Before going live, readers had...

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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...

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Binance Will Use Syscoin (SYS) Bridge for BUSD Stablecoin

The Syscoin Foundation announced that the Syscoin Ethereum Bridge would be used and explored by the stablecoin of the world’s largest exchange, Binance (BUSD).Per the agreement, BUSD will be available on Syscoin’s network. The stablecoin, issued by Binance and Paxos, pegged 1:1 with the US Dollar, is approved and regulated by the New York State Department of Financial Services (NYDFS).Syscoin’s Network to Feature BUSDAccording to a press release shared with CryptoPotato, the stablecoin issued...

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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...

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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...

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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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Europeans Can Apply for Binance’s Crypto Debit Card in August

After revealing its plans to enter the cryptocurrency debit card segment last week, Binance has officially debuted its Binance Card for users based in the United Kingdom and European countries, the blockchain behemoth told CryptoPotato on Tuesday.According to the release, the debit card allows holders to make crypto payments at more than 60 million merchants across 200 regions globally. Users will also be able to convert their crypto assets to fiat with ease.At launch, the Binance card will...

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