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Tag Archives: bnbusd

Is The Correction Over? Bitcoin Struggles To Maintain The $10,000

Bitcoin has reduced its high volatility as of late and remains above $10,000. The rest of the market shows recovery signs, including Chainlink, which is back in the top 5, and SushiSwap’s triple-digit price surge has returned SUSHI in the top 100.Bitcoin Stays Above $10KAfter a few consecutive days of massive price fluctuations, in which BTC lost $2,000 of its value, the past 24 hours were relatively calm. Bitcoin bounced off $10,000 again but since then pumped to the intraday high of...

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CZ’s Explanation of Binance Listing SUSHI: With Innovation Comes Risk

The events of the past days shook the DeFi space in a way that no other project did this year. The lead developer of the project dumped all of his token on the market, crashing SUSHI’s price by over 50%.After that, he transferred the control over the protocol to FTX’s CEO and the price bounced by almost 200%. It’s no doubt that these kinds of swings are likely to be only possible in the crypto field.However, the community also took it upon itself to largely criticize Binance for listing...

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Bitcoin Price Defends $10,000 as Market Cap Regains $10 Billion

After a few days of declines, Bitcoin has regained some value and is hovering around $10,500. Most altcoins are also recovering, with the total market gap increasing by $10 billion from yesterday’s bottom.Bitcoin Bounces Off $10KThe bears dominated the cryptocurrency field in the past few days. Bitcoin dipped below $10,000 on two occasions just days after exceeding $12,000. Since the second drop, though, BTC has displayed signs of recovery and is currently trading around $10,500.From a...

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Bitcoin Crashing $1500 In 48-Hours: $40 Billion Evaporated From The Total Market Cap

It appears that the cryptocurrency market hasn’t stopped plummeting in value. After losing over $20 billion worth of the total market cap in a day, the situation just worsened. Bitcoin further plunged to below $11,000, Ethereum dumped to $400, and the rest of the altcoins follow along.Bitcoin Plummets Below $11KIt’s safe to say that the cryptocurrency market has seen better days as the blood bath that started yesterday has just intensified: Bitcoin was trading at $11,400 after recovering some...

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Binance Futures Open Interest Crossed $1 Billion In August

Binance’s monthly trading report for August was just released. Data from the report points to striking growth trends in the world’s largest cryptocurrency exchange.However, the key takeaway that stood out was open interest touching the $1 billion mark for the first time since the launch of Binance’s crypto futures trading platform.Crypto Futures Open Interest Tops $1 Billion On BinanceAs per the August trading report, Binance’s crypto futures platform recorded an all-time high open-interest...

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CZ Binance About Today’s Crash: Bitcoin is Not Dead

After starting the month of September around the $12k mark, Bitcoin experienced a sharp correction today that crashed it to lows of nearly $1,160 in a matter of hours, erasing the gains of almost five days.Admittedly, a nervousness during the correction was to be expected as several traders adapted their strategies to this sharp move. Still, things got worse when two of the most popular crypto exchanges started to lag.Binance and Coinbase lagging during the crashAt 4 am PDT, Coinbase...

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Bitcoin Reclaims $11.5K, ETH Above $400: The Sushi Farming Tokens Skyrocket (Market Watch)

Following a few days of adverse price movements, most of the cryptocurrency market is recovering and is in the green today. Bitcoin is up to $11,500, Ethereum is trading above $400 for the first time since Tuesday. Even more impressive gains are evident from the lower-cap alts.Bitcoin Back Above $11,500The primary cryptocurrency saw its fair share of price dumps in the past few days. BTC even experienced quite volatile developments following an announcement from the US Federal Reserve...

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Bitcoin Defends $11,100 While Large-Cap Altcoins Struggle (Market Watch)

Despite Bitcoin’s tumultuous performance following an announcement of the US Federal Reserve regarding its new approach to average inflation targeting, the cryptocurrency has managed to stabilize around $11,400 where it’s currently trading at.Elsewhere, Chainlink and Polkadot are both in red but LINK has returned to the top 5 coins by market cap.Bitcoin Spikes And DropsAs CryptoPotato reported yesterday, the US Federal Reserve announced new plans to target inflation averaging 2% over time....

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Market Watch: Polkadot (DOT) Enters Top 7 After 80% Explosion, Bitcoin’s Bottom In?

The cryptocurrency market has lost $20 billion from its market capitalization, as the majority of cryptos in the red over the past 24 hours. Bitcoin’s current weekly low is at $11,100, while Ethereum reached the target of $370 as predicted by CryptoPotato.The giant blockchain, Polkadot, is trading around $5.40 after the DOT token was added to major exchanges earlier this week at a price of $3. DOT is recording a fantastic ROI of more than 80% over the past four days of trading. Polkadot is...

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Altcoins Bleeding Out As Bitcoin Heads Lower (Market Watch)

Most of the cryptocurrency market is in red today. Bitcoin tanked to $11,400 briefly, but large-cap alts are losing more substantial chunks of value, thus helping BTC to reclaim some ground in terms of market domination.Bitcoin Drops FurtherBTC looked promising yesterday as the asset headed for another face-off with its well-known nemesis at $12,000. It hovered just beneath it for a while, but the bears took control and didn’t allow even to touch that psychological level.In the next few...

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