Tag Archives: bnbusd

After a few days of sideways trading, bitcoin initiated an impressive leg up and even neared $60,000. Despite failing to overcome it, the asset has recovered some of its recently lost market dominance. At the same time, DOGE has slumped after Musk’s SNL appearance, while ETH and ADA went for new all-time high records. Bitcoin Neared $60K As reported just two days ago, the bears had control over the primary cryptocurrency and had pushed the price down to around $55,000....

After falling to $55,000 yesterday, bitcoin recovered more than $3,000 of value and tapped $58,000. Most alternative coins are somewhat stagnant on a 24-hour scale, except Dogecoin. The meme coin charted a new all-time high hours ago and is close to overcoming BNB as the third-largest digital asset. Bitcoin Heads for $58K The primary cryptocurrency has been somewhat struggling in the past few days, as previously reported. It attempted to break above $58,000 on multiple...

The Dogecoin mania continues to expand rapidly as recent research outlined the growth of Twitter engagements. The meme coin trails only to bitcoin and is well ahead of Ethereum, Cardano, Ripple, and Binance Coin. DOGE Second Only to Bitcoin Apart from NFTs, 2021 has been the year of Dogecoin so far. The meme coin has seen mass adoption from celebrities, companies, and, eventually, retail investors, and its value has skyrocketed. To be more precise, the Shiba Inu-inspired...

Members of the popular WallStreetBets Reddit forum were suspected of a presumable cryptocurrency fraud that could have caused losses of no less than $2 million. By creating a designated Telegram group, they duped investors by guaranteeing remarkable returns through capitalizing on the recent crypto market rally. The Core of the Hoax Per a report by Bloomberg, alleged members of the WallStreetBets Reddit Forum used the Telegram messaging service to execute a blatant scam. A...

Binance’s native crypto asset has been on a roll in 2021, resulting in breaking into uncharted territory quite regularly. With the latest record coming a few hours ago above $650, the asset’s total market cap went into a nine-digit territory.  After the start of the ongoing crypto bull run in October last year, Binance Coin seemed somewhat trailing behind. While bitcoin and other digital assets were surging with double-digits monthly and reached new records by the end of...

After reaching a new two-week high of over $58,500, bitcoin has retraced slightly and currently trades around $57,000. Most altcoins have also marked minor losses on a 24-hour scale. Ethereum is among the few exceptions as ETH is closing down to $3,000. Bitcoin Stalls Around $57K As CryptoPotato reported yesterday, the primary cryptocurrency finally produced more decisive moves upwards. After trading in a range of around $54,000, bitcoin initiated an impressive leg up that...

Following several days of consolidation around and beneath $55,000, bitcoin finally made a move and jumped above $58,000. Despite new records for Ethereum and Binance Coin, BTC actually managed to reclaim some of its recently lost market dominance. Bitcoin Adds $6K in Two Days While the altcoin market was producing impressive price pumps lately, bitcoin seemed stalled at best. The primary cryptocurrency had recovered from its April slumps that drove it below $50,000 but had...

The crypto market recovered this week, but bitcoin seems unable to catch up with the momentum that alts are currently getting. This is perfectly visible in the below chart, showing that large-cap altcoins outperformed it, dollar-wise, substantially. Bitcoin Bitcoin saw a small 5.4% price hike over the past seven days as it currently sits around $54,300. It found support at $47,000 (.5 Fib) on Sunday and rebounded from there to close the daily candle around $49,000. On...

Following another drop to $52,500, bitcoin reacted positively and regained $2,000 of value in the following hours. However, the asset continues to be outperformed by most alternative coins, and its dominance is down to 48%. Ethereum reached yet another ATH yesterday, while BNB spiked well above $600. ETH’s Latest ATH; XRP Surged 15% Most alternative coins have been on a roll lately, with Ethereum leading the pack. After dipping below $2,000 a few weeks back, the...

BNB/USD – Bulls Eye Triangle Breakout Key Support Levels: $180, $157, $150.Key Resistance Levels: $200, $218, $240. BNB is performing well this week as it climbs back into the $600 resistance today. The cryptocurrency had been at this level last week but failed to close a daily candle above it. As a result, BNB headed lower until finding support at $477 (.382 Fib & 20-days MA) over the weekend. It rebounded from the 20-days MA on Monday and started to climb higher to...