Quick summary: Binance Coin (BNB) has corrected to the $28 level after a local peak of $33.38 The pullback happened immediately CZ tweeted about the new peak value Bella Protocol (BEL) trading commences today Binance has canceled the listing of BTT/USDT perpetual contract The exchange has listed SWRV, LTCUP, LTCDOWN...
Quick take: Binance Coin is experiencing a resurgence in the crypto markets. The bullishness of BNB comes days before the Binance Live Conference celebrating the exchange’s 3yr anniversary. The team at Binance has also hinted at a BNB coin burn in the near future. Additionally, the Binance Card is in...
In brief: After breaking $12k and $400, Bitcoin and Ethereum fell hard to $10,500 and $325. Crypto traders were caught off guard with over $1 Billion in liquidations. The volatility might just prove that we are in a crypto-wide bull market. The month of August opened on a high note...
BTC recorded its highest daily active address count on 2 August. The recent increase in network activity, surge in loss-making transactions, and growing negative sentiment are all indicators of a short-term price rally for Bitcoin. The number of daily active addresses that trade Bitcoin [BTC] has surged in August, reaching...
Cardano sharks and whales have continued to buy the token despite the fall in its price. Traders continue to sell heavily in intraday trading sessions. Following significant coin distribution between February 2021 and May 2022, Cardano [ADA] investors that hold over 100,000 ADA coins have again begun accumulating the crypto...
In summary: Timothy Peterson of Cane Island Alternative Advisors has postulated that ChainLink (LINK) can go as high as $32 by the end of 2020. However, he warns that such a move by LINK would not be sustainable. Furthermore, buying at such levels could result in investors of LINK losing...
In summary: The team at Coinmarketcap has continued to add new features on the site since the acquisition by Binance. The latest is a DeFi ranking that has ChainLink ranked first in DeFi projects. The team at Weiss Ratings is of a similar opinion that LINK will lie at the...
In summary: Coinmarketcap continues to evolve and now has a headlines section for crypto news updates. Binance CEO, Changpeng Zhao, made the announcement on Twitter via a poll asking if crypto news was a good idea on Coinmarketcap. The new headlines section highlights top news in the crypto-verse. Headlines on...
CoinMarketCap has partnered with Hello Labs to launch Killer Whales, a crypto reality show inspired by Shark Tank. The show will see Web3 entrepreneurs pitching their projects to crypto industry experts.
The stablecoins that makeup Curve’s 3pool have seen increased outflows since the hack. The demand for CRV continues to fall, putting downward pressure on price. In the aftermath of Curve’s reentrancy exploit of July 30, 3pool, one of the decentralized exchange’s (DEX) prominent liquidity pools, continue to experience capital flight,...
In brief: Filecoin (FIL) has set a new all-time high of $222.69 -Binance rate Filecoin is now ranked 9th on Coinmarketcap after edging out Litecoin Filecoin is in overbought territory and a retracement to $200 or lower look plausible However, institutional interest through Grayscale could send it higher Yesterday, Grayscale...
In summary: Coinmarketcap has followed through on its promise to rank Bitcoin derivatives markets on a separate page. Huobi, Binance and Bitmex are in the top 3 positions respectively. ByBit and OKEx come in fourth and fifth. The 24-hour volume of the Bitcoin derivatives markets indicate that leveraged trading is...
