SOL and BNB showed positive signs hinting at the correction completion. Further confirmation is needed as the prices now reached key resistance levels.
Gary Gensler's resignation next week could bode well for tokens that have been previously targeted by U.S regulators.
Explore the BNB Testnet Faucet, a crucial tool for developers to test applications and smart contracts in a risk-free environment before mainnet deployment.
The latest price analysis by Coinidol.com report, the price of Binance Coin (BNB) has fallen below the moving average lines, reaching a low of $659 on January 13.
BNB faces growing bearish pressure as technical and market indicators point to potential correction.
Bitcoin's fall below $90,000 is a negative sign, but the bulls are expected to vigorously defend the $85,000 level.
The market seems unlikely to make a reversal, according to CoinStats.
Derivatives data and price action revealed key market dynamics and trader positioning shifts.
Bitcoin's bounce above $94,000 suggests that the bulls remain buyers on dips, increasing the possibility of a retest of $100,000.
Binance Coin, the fifth-largest cryptocurrency by market capitalization, has largely avoided the ongoing crypto crash and is hovering near its all-time high.
Solana price today remains under pressure as bulls attempt to buy the dip following a 30% crash from its December highs. While BNB has also dropped, its performance has been less severe than SOL and other top altcoins.
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) Ethereum tried to move above $3,600 this week but was quickly stopped by sellers who came in force to push the asset back to the key support at $3,200.
BNB's short-term price targets depends on a few key factors.
BNB is attempting to breach the $741 resistance level, which stands as a critical barrier to reaching its all-time high (ATH) of $793.
Bhutan's Gelephu Mindfulness City experiments with Bitcoin, Ether, and BNB in its reserves.
Binance Coin (BNB) has found itself in a precarious position recently, hovering around $696.40 after experiencing a significant 4.58% decline over the past two days. This downturn comes despite BNB's relatively strong performance earlier, highlighting potential underlying weaknesses in its price action.
Gelephu Mindfulness City, Bhutan's Special Administration Region, has revealed plans to include Bitcoin (BTC), Ethereum (ETH), and BNB in its strategic reserves.
BNB shows signs of recovery as price stabilizes above $675 support, with technical indicators suggesting potential upward movement toward $710 and $725 resistance levels.
A special administrative region in Bhutan announced on Wednesday that it will hold Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and BNB Coin (CRYPTO: BNB) as part of its strategic reserve. What happened: Gelephu Mindfulness City, situated in the south-central part of the Himalayan nation, said in a statement that they opted for cryptocurrencies with large capitalizations to ensure ease of trading and to avoid liquidity risks.
BNB price is consolidating above the $675 support zone. The price is consolidating and might aim for a fresh increase above the $700 resistance.
The latest price analysis by Coinidol.com report, the price of Binance Coin (BNB) is holding above the 21-day SMA support and below the $745 resistance level.
Bitcoin's sell-off shows no signs of forming a bottom, which is destroying traders' appetite for altcoins.
Bhutan's Gelephu Mindfulness City pioneers adoption of digital asset strategic reserves. The city plans to set up an advisory panel on digital assets for GMC.
Bhutan is already heavily invested in bitcoin through its hydroelectric-powered mining operations, holding 12,211 BTC ($1.2 billion).
Gelephu Mindfulness City (GMC), a Special Administrative Region (SAR) in Bhutan, has incorporated digital assets like Bitcoin (BTC), Ether (ETH), and Binance Coin (BNB) into its strategic reserves.
Bhutan's Gelephu Mindfulness City (GMC) has unveiled plans to include Bitcoin, Ethereum, and BNB in its strategic reserve assets, according to a Jan. 8 statement. This decision marks a significant milestone as GMC becomes one of the first Special Administrative Regions (SARs) to incorporate digital assets into its reserves.
Bhutan's Gelephu Mindfulness City has become one of the first jurisdictions to officially include digital assets in its reserves. The post Bhutan's ‘Mindfulness City' Includes BNB, BTC, ETH in its Strategic Reserves appeared first on Cryptonews.
Bhutan plans to include Bitcoin (BTC), Ethereum (ETH), and BNB in its strategic reserves. Bhutan's mining is expected to create three to five bitcoins each day.
Changpeng Zhao, widely known to the community simply as CZ, a co-founder and former CEO of the world's largest cryptocurrency exchange Binance, has made an announcement that BNB has reached a whole new level of adoption.
Bhutan's newest region is adding Bitcoin, Ethereum, and Binance Coin to its reserves as part of its new economic strategy.
Bhutan's Gelephu Mindfulness City (GMC) on Wednesday announced its decision to broaden its crypto adoption plan. Bhutan's new special administration region will hold Bitcoin (BTC), Ethereum (ETH), Binance's BNB, and other digital assets in the city's strategic reserves.
Latest updates on BNB, TIA, and ONDO coins.
The crypto industry maintains its upbeat bias, with Bitcoin stuck above $101,000, and the crypto fear and greed index moving to the green zone. Binance Coin has also done well, with its price remaining above $700.
The Binance coin (BNB) maintained a steady uptrend this week, remaining above the important resistance level at $700. It has been one of the best-performing cryptocurrencies as it moved from less than $2 a few years ago to $730 today. Here are the four main reasons why the BNB price will rise to $1,000 soon.
Sustained buying by institutional investors pushed Bitcoin above $100,000, opening the doors for a retest of the all-time high.
Most of the coins keep trading in the green zone, according to CoinMarketCap.
The Solv Protocol (SOLV) Megadrop will run from January 7, 2025, at 00:00 UTC, to January 16, 2025, at 23:59 UTC.
Strong bullish sentiment drives BNB toward $722 resistance, with traders anticipating a breakout.
Binance Coin (BNB) has been one of the most talked-about cryptocurrencies in recent years, thanks to its association with the world's largest cryptocurrency exchange, Binance. In 2024, BNB reached an all-time high (ATH) of $793.35, marking significant growth.
Solana's price surges past $216, driven by $55M in large transactions and ETF speculation. Analysts forecast potential highs of $400 in 2025. The post Solana Flips Binance Coin in Market Cap: Where Can the Price Go appeared first on Cryptonews.
Solana's bullish momentum could challenge XRP's market position. Will SOL secure a stronger foothold?
Bitcoin price looks on track to reclaim the $100,000 level. Are altcoins set to follow?
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) Ethereum's rally was cut short in December when sellers quickly returned as soon as the price moved above $4,000.
Explore the latest projects on BNB Chain, featuring innovations in gaming, DeFi, AI, and Web3. Discover new platforms like Ballies, Coinfair, and Gameland.
Most of the coins have returned to the green zone today, according to CoinStats.
The latest price analysis by Coinidol.com report, Binance Coin (BNB) price has rallied above the 21-day SMA support, although the bears are contesting the price above this level.
Bitcoin is holding above $90,000, signaling the possibility of a move back toward $100,000 in the next few days.