Saturday , February 4 2023
Home / Tag Archives: bnbusd (page 4)

Tag Archives: bnbusd

Bloody Weekend Watch: BTC Fights for $40K, ETH Dumps Below $2.8K

The bears continue to put pressure on the crypto market as bitcoin dropped below $40,000 for the first time in two weeks. The altcoins are also deep in red once again, with Ethereum sliding beneath $2,800 and massive price drops from Solana, Avalanche, MATIC, and others. Bitcoin Struggles Around $40K It was just three days ago when the landscape around the largest cryptocurrency seemed significantly more bullish. The asset had recovered from its latest dips to $42,000 and...

Read More »

Weekend Watch: Axie Infinity (AXS) Explodes 17%, Bitcoin Maintains $41K

After surging above $41,000, bitcoin has maintained its momentum and has remained above that level. The altcoins, which marked significant gains yesterday, have stalled now. Axie Infinity is among the few exceptions after a massive double-digit surge. Bitcoin Maintains $41K It was just a few days ago when the largest cryptocurrency struggled to remain above $37,000 and dipped below that level on a few occasions. The bulls attempted to push it north, which resulted in trading...

Read More »

Crypto Markets Add $170 Billion in a Day as Bitcoin Explodes Above $41K (Weekend Watch)

After more than two weeks of trading below $40,000, bitcoin finally made a decisive move to reclaim that coveted level. The entire crypto market followed suit with massive daily price increases from Ethereum, Binance Coin, Cardano, Sollana, Polkadot, and many others. Bitcoin Surged $4K It was on January 20th and 21st when the primary cryptocurrency slumped below $40,000 for the first time in months. In the following few weeks, the asset failed to recover most of the losses...

Read More »

Market Watch: LINK and AXS Explode 10%, Bitcoin Maintains $38K

Bitcoin tried to take down $39,000 but was stopped and dropped to its current level of around $38,000. Most altcoins are slightly less fluctuating today, with Ethereum standing at $2,600. Chainlink and Axie Infinity are among the best performers. Bitcoin Stands Still at $38K It was just a few days ago when the primary cryptocurrency dropped two consecutive times to $35,500 after failing to overcome $36,000. However, the bulls stepped up at this point and pushed the asset...

Read More »

Weekend Watch: Crypto Recovery – Bitcoin Eyes $38K, SOL Spikes 8%

Bitcoin’s recovery attempts continue with the asset aiming to overcome $38,000. Most alternative coins have produced even more significant gains since yesterday. Ethereum is up by 7%, while Solana has jumped by 8%. Bitcoin Eyes $38K Ever since bitcoin failed to breach $39,000 on Wednesday, as the Federal Reserve said it will increase the interest rates in March, the asset was unable to display any notable gains. In fact, it dropped to $35,500 hours after the Fed meeting and...

Read More »

Market Watch: Cryptocurrencies See Double-Digit Drops After Wall Street’s Friday Bloodbath

The bears continue to have complete control over the cryptocurrency market with numerous double-digit price losses from almost all assets. This comes just hours after the US stock market dumped in value again. Bitcoin Dumps $8K in Two Days It’s safe to say that the primary cryptocurrency has seen better days. In fact, they weren’t all that long ago as the asset jumped to $43,500 on Thursday following a $1,500 price hike. However, the situation changed vigorously hours later....

Read More »

Over 1.6M BNB Removed In Binance’s First Quarterly Auto-Burn

Binance – the world’s largest crypto exchange – recently completed its 18th quarterly burn, marking its first quarterly auto-burn. The burn removed greater dollar-denominated value from the network than ever before. According to a blog post from Binance, the burn removed 1,684,387.11 BNB. At the time of writing, that’s $798,887,962 worth of tokens. 6296 of those tokens were ‘effectively’ burned through the Binance Pioneer Burn program, which counts BNB mistakenly sent to dead...

Read More »

Binance to Establish a Crypto Exchange in Thailand (Report)

The world’s leading digital asset platform – Binance – has reportedly collaborated with the Gulf Energy Development PCL – owned by the Thai billionaire Sarath Ratanavadi. The main goal is to set up a cryptocurrency exchange in the Southeast Asian state. Establishing a Crypto Platform in Thailand Thailand has recently positioned itself in the spotlight of the cryptocurrency industry as locals have started embracing the asset class. At the same time, numerous experts opined...

Read More »

Binance Coin Price Analysis: Following 4% Daily Surge, is $520 In Sight for BNB?

Key Support level: $417 Key Resistance level: $520, $692 (ATH) Since March 2021, BNB has formed a huge ascending triangle (colored in blue). A break above would signal that a new all-time high is in the cards. At the time of this post, BNB appears on a clear path to test the key resistance at $520 after a successful test of the support at $417. If BNB is successful in breaking above the key resistance, the price can rally towards the current all-time high at $692. Chart by...

Read More »

After Volatile Week BTC Reclaims $43K, Litecoin Spikes 8% (Market Watch)

After yesterday’s drop to sub-$42,000 levels, bitcoin bounced off and spiked to around $43,000. Most altcoins are slightly in the green as well on a daily scale, with BNB nearing $500 and more impressive gains from Litecoin and ATOM. Bitcoin Touches $43K The past several days seemed quite positive for the primary cryptocurrency. The asset had recovered from its dip below $40,000 on Monday and was increasing in value gradually. In just a few days, it added more than $4,000 of...

Read More »