The crypto market has witnessed a bearish turnaround since mid-week as Bitcoin's price breaks below the $70,000 floor. The renewed selling pressure can be attributed to market uncertainty following the upcoming result of the U.S. election.
The crypto market faced a surge of selling pressure this week, unsettling investors as Bitcoin (BTC) dropped by 4% before rebounding to $71,000.
Markets have started to sell-off, and Bitcoin needs to hold $70,000 for the BTC and altcoin rally to continue.
Even though the day has started bearish, most of the coins are trying to seize the initiative, according to CoinStats.
BNB Chain's MVB Season 8 in Dubai brought together Web3 innovators with expert guidance and networking opportunities, culminating in a Demo Day for global exposure.
BNB Chain has successfully completed its 29th quarterly BNB token burn, eliminating over 1.77 million BNB valued at approximately $1.07 billion, according to BNB Chain.
The BNB Foundation removed over $1 billion worth of BNB from circulation after its latest quarterly token burn.
Despite the massive number of tokens destroyed so far, the BSC network still needs to burn more than 43 million BNB to reduce the token's market supply.
Binance has burned over 1.7 million BNB tokens as a part of its quarterly burning initiative. On Nov.
The BNB Foundation has announced the completion of the 29th quarterly BNB burning by the BNB chain, with over 1.7 billion BNB tokens automatically burned for a total value of about $1.07 billion.
This week, we examine Ripple, Binance Coin, Solana, Dogecoin, and Maker in greater detail. Ripple (XRP) The week started well for XRP, but the price action turned bearish on Wednesday, closing the week with a 3% loss.
BNB Chain announces voting for the BIA winner at Binance Blockchain Week Dubai, offering participants a chance to share $1,000 in BNB rewards.
Binance Coin (BNB) has recently demonstrated a notable surge, moving closer to the $600 mark as market sentiment shifts in a positive direction. Following a lengthy bearish phase, this rally signals a potential turning point for BNB, with eyes now set on a short-term price target of $634.
BNB Chain, in collaboration with Binance Labs and CMC Labs, hosts the Most Valuable Builder (MVB) program, which is designed to identify and select projects for potential investment by Binance Labs.
Discover how BNB token enhances decentralized finance (DeFi), centralized finance (CeFi), and payment finance (PayFi) ecosystems with its diverse applications in blockchain technology.
They're proud to announce that Matchain has been selected for BNB Chain's Most Valuable Builder (MVB) Program.
BNB Chain announces 35 Web3 projects for its Most Valuable Builder Season 8, offering resources and mentorship to early-stage blockchain innovators.
BNB price corrected gains from the $612 level. The price is now showing a few bearish signs while Bitcoin and Ethereum eye additional gains.
Bitcoin's shallow pullback shows buyers are not rushing to the exit and increases the likelihood of a rebound to new all-time highs. Will altcoins follow?
BNB Chain selected 35 projects for Season 8 of the MVB Accelerator Program.
The price of then native token of smart contract platform Solana, SOL, has been significantly outperforming most other digital assets over the past few weeks, to the point that it's nearly overcoming Binance's BNB to become the fourth-largest digital currency by market capitalization. According to available market data, Solana's current market capitalization stands at $84.
Bulls remain more powerful than bears, according to CoinMarketCap.
Today, bullish momentum for BNB is testing resistance at $600. Price analysis by Coinidol.com.
Binance Coin (BNB), one of the top cryptocurrencies, has seen significant price shifts in recent trading sessions, marked by both declines and attempts at recovery. The coin recently corrected from the $600 resistance zone, testing lower support levels before rebounding.
BNB trades at $598 with 164% year-to-date growth, sitting 20% below its June 2024 high of $720, while whale accumulation patterns and positive market conditions influence its price movement.
BNB's latest hike was accompanied by the market sentiment shifting bullish.
Discover how BNB Chronicle, built on BNB Greenfield, addresses data storage challenges on the BNB Chain by ensuring long-term data availability in a decentralized manner.
Binance Coin (BNB) price has experienced notable fluctuations this year, marking significant highs and facing subsequent corrections. Following its peak of $720 in June, BNB entered a downward phase, later transitioning into an ascending triangle pattern.
Bitcoin ETFs are recording solid buying, a sign that traders believe to be an indicator that BTC will break through the range highs.
Chainlink has launched its Data Streams on BNB Chain's Layer-2 solution, enhancing the capabilities of decentralized finance applications within the ecosystem. This integration provides developers with access to real-time, high-frequency market data, enabling them to build more efficient and responsive applications.
BNB's price corrected from $600 to a low of $565 before showing recovery attempts, currently facing resistance at $590 while maintaining support above $585.
BNB price corrected gains below the $580 level. The price is now recovering higher and facing hurdles near the $590 resistance zone.
The market sentiment returned to positive as Bitcoin (BTC) regained momentum, aiming for a breakout above $70,000. Breaching this level will inject a fresh bullish wave into the crypto market, with investors waiting in anticipation. Topping this list of new DeFi projects to watch out for is DTX Exchange (DTX), a novel exchange-based token.
The cryptocurrency market is abuzz with optimism as Binance Coin (BNB) demonstrates signs of a potential rally. After a recent dip, BNB's price has rebounded, supported by strong technical indicators and an increasing number of traders betting on a rise in value.
XRP may soon join that list if it can replicate the stunning performance of Binance Coin (BNB) from 2020 to 2021. As the market undergoes a bullish phase, XRP, once hindered by legal challenges, now stands poised for a potential rebound.
Binance Coin (BNB) has been gaining significant attention from traders and investors, with its price action showing signs of strength and optimism. As of the latest market update, BNB was trading at $609.51, marking a 1.94% increase over the last 24 hours.
BNB is gaining momentum, trading at $590.66, and approaching a critical resistance level.
Bulls aim to knock out Bitcoin's all-time high before the US elections wrap up. Will altcoins follow?
This week, we examine Ethereum, Ripple, Solana, Dogecoin, and Binance Coin in greater detail. Ethereum (ETH) Ethereum closed the week in red, and its price fell by 6%.
Binance Coin (BNB) may be on the verge of following a similar trend to Solana's (SOL) price despite having a larger market cap than the latter. This forecast is based on the signs displayed by several technical indicators.
Bitcoin's correction ignited selling in altcoins, which are slipping below critical support levels.
The ongoing selling pressure across the cryptocurrency market has shifted the sentiment to a downtrend. Amid this, Binance Coin (BNB) has begun to show bearish signals as it breaches a crucial support level of the ascending trendline and forms bearish price action on the daily time frame.
The BNB Hackathon in Bangkok, scheduled for November 9-10, 2024, will offer up to $230,000 in prizes. Participants can compete in various challenges to showcase blockchain innovations.
Latest updates on TRX, BNB, and ADA coins.
Binance Coin (BNB) has captured the spotlight as it hovers near significant resistance levels. Currently trading at $609.51, BNB has experienced a 1.94% increase in the past 24 hours.
Explore the latest additions to the BNB Chain, featuring innovative projects in DeFi, AI, gaming, and more, launched between September 23 and October 18, 2024.
Amid BNB price recovery in the past weeks, a potential for bullish breakout has emerged which could drive a possible rally to $700.
Bitcoin is finding support in the $66,500 to $65,000 zone and Bitcoin ETF inflows suggest traders are buying the dips. Will altcoins follow?