Trading

Binance Coin likely to outperform competitors as Wrapped Beacon ETH gets warm welcome

Share: Binance has shifted its focus with the launch of its Ether-Wrapped Beacon ETH token in a pool on Curve Finance. The pool ranks eighth among liquid staking derivatives, amassing $129.9 million in total value since its release in late April. Binance Coin, the native token of Binance, could outperform competitors with its...

Binance Coin Recovers But Faces Its First Challenge At $316

Binance Coin (BNB) price is moving sideways but has now entered the bearish trend zone. Binance Coin price long term forecast: bearish The cryptocurrency fell to a low of $299 before rebounding. The $300 support, which was held since March...

XRP Rises 6% Following Latest SEC-Ripple Development, BTC Slips Below $27K (Market Watch)

After failing to continue upwards and getting stopped at $27,500, bitcoin has retraced once again and slipped below $27,000. The altcoins are also slightly in the red today, with ETH close to breaking below $1,800 and BNB down to $310. XRP is the only exception with a notable price jump. Bitcoin Down Below $27K Last week’s volatility culminated with a price drop for bitcoin to a two-month low of $25,800 on Friday. That came...

AVAX price should tank further as Avalanche price action heads toward $13

Share: Avalanche price is heading lower again as the US trading session gets underway on Wednesday. AVAX has bears building pressure on $14.56 in a bearish triangle setup. Another 10% drop is at hand once bears advance beyond the current triangle’s base. Avalanche (AVAX) price is continuing its decline at a slow grind as a ...

Cardano Is In A Range, But Risks Further Decline To $0.32

Cardano (ADA) is sliding below the moving average lines at the moment. Cardano price long-term forecasts: bearish Since the recent downward impulse on May 8, the cryptocurrency asset has been in a range where it is above the current suppor...

Binance-WazirX exchanges’ relationship clarified after long row; implications for WRX token price

Share: New reports indicate Binance exchange controls WazirX exchange's WRX token and conducted the IEO for it. The giant exchange also manages and controls the wallets holding locked and released WRX tokens. Despite a five-quarter delay, the CZ-led firm is also responsible for conducting the quarterly burn of WRX tokens. Th...

LDO Jumps Another 4% Following V2 Launch, BTC Maintains $27K (Market Watch)

Bitcoin jumped above $27,500 yesterday but was once again stopped before having the chance to challenge $28,000. Most altcoins are also slightly in the red, with LDO, LTC, and TRX being among the few exceptions. BTC Still North of $27K Last week’s enhanced volatility, propelled by the US CPI announcements on Wednesday, resulted in a massive price drop for bitcoin, which culminated on Friday. That’s when the asset plummeted ...

Polygon Approaches Bearish Fatigue Above $0.82 Mark

The price of Polygon (MATIC) has fallen since May 11 and entered the oversold zone of the market. The cryptocurrency's value fell to a low of $0.82 before rising back above that level. Polygon price long-term forecast: bearish At the time o...

Binance Coin price could crash 25% if BNB bulls rescue plan fails

Share: Binance Coin price action over the last three months has led to a rising wedge formation, forecasting a 25% crash. If BNB flips the $300 psychological level into a resistance barrier, it will likely kickstart a nosedive.  On the other hand, if buyers push BNB above $356, it could catalyze a move to $445. Binance Coin...

ETH’s “smartest holders” could be hinting at a 25% crash in Ethereum price

Share: Ethereum price is expected to fall to $1,400, unless the $1,850 price level is flipped into support. Ethereum large wallet holders have exhibited some selling while some whales have been acquiring this sold supply. This stability of the network was also questioned this week after ETH faced finality issues for nearly ha...
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