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Yesterday, Binance Coin closed at around $200 a coin, and within another 24 hours, the exchange token is already trading at another $100 higher. The surge in price and corresponding FOMO has also caused the cryptocurrency token to climb the top ten assets by market cap, making it to the number three spot. Here’s why…
One after another, cryptocurrencies like Bitcoin and Ethereum have been breaking out and above their former all-time highs, causing a surge of FOMO and price discovery to follow. The latest coin to do so, is exchange token Binance Coin (BNB), which has now set a record for its largest monthly candle – dollar for dollar  –…
An ongoing bull run in the Binance market saw its native token BNB achieving another record high level on Tuesday. The BNB/USD exchange rate rose by up to 23.77 percent to touch $99 for the first time in history as euphoria about growing cryptocurrency adoption among corporates and institutional investors grew among retail traders. BNB,…
Binance Coin just set yet another new all-time high today, taking out resistance set back in 2019. With the resistance level now cleared and potentially flipped to support, what are the likely targets for the native exchange token? Binance Coin Breaks Out Alongside New User Surge Binance made its debut just ahead of the last…
Binance’s native token BNB was among the few gainers on Tuesday as the rest of the high-cap cryptocurrency assets corrected lower. Binance Coin trades inside a medium-term ascending parallel channel. Source: BNBUSD on TradingView.com Binance Coin trades inside a medium-term ascending parallel channel. Source: BNBUSD on TradingView.com The BNB/USD exchange rate climbed up to 13.47…
CREAM logged a sharp reversal rally on Wednesday as traders assessed its listing on Binance, the world’s leading cryptocurrency exchange by volume. The Malta-based trading platform will list CREAM/BNB and CREAM/BUSD trading pairs at 1300 UTC, per its announcement. That will enable users to effectively deposit and trade their CREAM tokens against Binance Coin and…
Both Bitcoin and Ethereum have stalled, but it seems that altcoins are once again popping off. A swath of digital assets in the top 100 have gained dozens of percent in the past 24 hours, with some managing to even double. One such digital asset outperforming the market leaders is BZRX, the native token of…
The decentralized finance buzz has finally started to cool off, but dip buyers are already over 90% net long on DeFi futures on crypto exchange Binance. This says the market is incredibly bullish on these assets, however, mob mentality often leads to irrational decisions based on emotions. It also could be extremely dangerous for the…
Binance first announced plans for a UK crypto trading platform in mid-June. The company has now confirmed an Autumn 2020 rollout.Source: binance.comThe UK platform will provide GBP and Euro on/off ramps via bank transfer through the UK’s Faster Payments service, as well as the equivalent function in Europe, the Single Euro Payments Area (SEPA) network.Payments…
Bitcoin has made an attempt at recovering the losses it incurred late last week. On Sunday, the cryptocurrency rallied as high as $9,200 as buyers stepped in and shorts were squeezed.Yet order book data indicates that BTC may have a tough time rallying any further.Related Reading: A Hacker Just Drained $500k in Ethereum & Altcoins…