BNB pumped before open campus (EDU) token sale announcement Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied BNB’s prices soared amid Binance’s launch announcement for open campus (EDU) as its 31st project on their Binance launchpad. Binance plans on using the launchpad subscription format for the open campus token sale. The announcement behind BNB’s surge The BNB token […]
Total crypto market cap reaches 10-month-high amid bull run The digital currency industry lost almost $100 billion from its total market capitalization in mid-March. Reportedly, some crypto firms were highly exposed to some high-profile US banks collapse. However, the market started to show bullish signs in just a few days, according to data provided by CoinMarketCap (CMC). Consequently, the total crypto market cap surpassed […]
Smart Contract Token Market Soars to $332 Billion; Defi Value Reaches High Not Seen Since FTX Collapse The smart contract token economy rose 5.6% against the U.S. dollar on Thursday, reaching $332 billion. Additionally, the value locked in decentralized finance (defi) increased to nearly $50 billion, a record high not seen since the collapse of FTX. Smart Contract Economy and Defi TVL Bounces Back On Thursday, Feb. 2, 2023, the top smart […]
BTC, ETH, DOGE, and ADA Are Undervalued, Report Indicates Despite the increase in market capitalization, which shows investors might be returning, big large caps are still deemed undervalued. In a tweet posted today by blockchain intelligence firm Santiment citing the MVRV Z-score, Binance coin (BNB) is the only overvalued crypto amongst tokens with a large market cap. Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Cardano […]
Binance burns 2 million BNB worth $621m Binance has burned over 2 million BNB, valued at $621 million, in its 22nd quarterly auto-burn exercise. The latest burn transaction includes 7,181 BNB from the platform’s Pioneer Burn Program, and brings the exchange a step closer to reaching its goal of removing 100 million BNB from circulation. BNB current circulating supply sits at 157.9 […]
Binance Coin (BNB) Forms Bearish Pattern, But Fundamentals Look Strong In the wake of FTX’s collapse, many eyes focused on the now undisputed largest cryptocurrency exchange in the world, Binance. Due to an opaque proof of reserves, the withdrawal of accounting firm Mazars, and a bank run on the exchange, the Binance Coin (BNB) suffered a temporary loss of trust and excessive price losses. Slowly […]
BNB Price Gearing For Another Lift-Off to $300: Rally Isn’t Over Yet BNB price (Binance coin) found support near $240 against the US Dollar. BNB rallied above $260 and might aim more upsides towards the $300 level. Binance coin price started a recovery wave from the $240 support against the US Dollar. The price is now trading above $265 and the 100 simple moving average (4-hours). There […]
Smart Contract Platform Tokens See Double-Digit Gains, Boosting Defi TVL Above $40 Billion Decentralized finance (defi) and smart contract platform tokens rallied on Monday morning (ET) and the total value locked in defi jumped above the $40 billion zone for the first time since mid-December 2022. The top smart contract platform coins by market capitalization increased 7.1% on January 9, 2023, and most have seen double-digit gains over […]
New Year Brings Strong NFT Sales, Up 26% in First Week of 2023 With Top 5 Blockchains Seeing Double-Digit Increases The first week of 2023 saw an upswing in non-fungible token (NFT) sales as seven-day volume increased 26.01% compared to the previous week, totaling approximately $208.99 million in NFT sales. Additionally, the top five NFT-issuing blockchains saw increases over the last week. Bored Ape NFT Collection Leads the Way with $19 Million in Sales, 52.82% […]
BUSD Sees $5 Billion Reduction in Supply in 24 Days, Relationship With Turkish Lira Continues According to statistics, the stablecoin BUSD saw a significant drop in its supply over the past 30 days, shedding roughly 23.8% from Dec. 5, 2022, to Jan. 6, 2023. Since Dec. 13, 2022, BUSD’s supply has been reduced by more than $5 billion, going from $21.84 billion to its current level of $16.77 billion. Stablecoin […]
Binance Acquisition Moves See BNB Riding A Wave of Enthusiasm Crypto exchange Binance and its CEO Changpeng Zhao are making headlines once again as news of the company’s acquisition moves hit the industry. According to recent news, Binance acquired a 41% stake on Korean crypto exchange Gopax. The deal was originally scheduled to be revealed last year, and it involved Binance buying the stock holding […]
‘Ethereum Killers’ Managed to ‘Kill’ Themselves in 2022 Rather Than Beat the Smart Contract Economy’s Heavyweight Champ At the end of 2021, a myriad of people thought a handful of smart contract platform tokens, often referred to as ‘Ethereum killers,’ would flip the second-largest crypto asset in terms of market capitalization in 2022. As 2022 comes to an end, statistics show that none of the so-called ‘Ethereum killers’ have surpassed the leading […]
Binance coin deposits enabled at CryptoGames: Play dice and roulette! CryptoGames casino has added Binance Coin (BNB) to its list of supported currencies, allowing players to use BNB to make deposits and play their favorite games. BNB is a popular cryptocurrency developed by Binance, one of the world’s leading exchanges. It is increasingly being accepted by merchants and traded on various exchanges. The addition of BNB […]
BTC, ETH, ADA, BNB Ranked the Most Watched Crypto Assets in 2022 Today’s top ten crypto assets make up a large portion of the crypto economy’s current $797.95 billion value on Dec. 29, 2022, and many of them are some of the most popular digital currencies today. While coin market capitalization aggregation sites allow patrons to add their favorite coins to a watchlist, between coingecko.com and coinmarketcap.com, […]
Bitcoin targets $16.7K amid fear BNB may 'drag whole crypto market down' Bitcoin (BTC) looked set to ditch $17,000 after the Dec. 16 Wall Street open as United States equities continued to fall. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst: $240BNB "has nothing but air below it" Data from Cointelegraph Markets Pro and TradingView tracked new intraday lows of $16,743 for BTC/USD on Bitstamp. The pair […]
Binance Coin Facing Massive Sell Pressure? Mithril Team Wants 200,000 BNB Back In an announcement today, Binance declared that based on recent reviews, it has decided to delist the Mithril (MITH), Tribe (TRIBE), Augur (REP) and Bitcoin Standard Hashrate Token (BTCST) tokens on December 22, 09:00 (UTC) and cease trading on all trading pairs. As stated in a blog post about the matter, Binance periodically reviews the […]
NFT Sales This Week Jumped 27% Higher, Cryptopunks Rise Above Bored Apes On Dec. 14, 2022, statistics show that non-fungible token (NFT) sales jumped 27.72% higher than NFT sales recorded last week. The Bored Ape Yacht Club (BAYC) NFT collection captured the most sales this week but on Wednesday afternoon, the floor value tied to Cryptopunks once again jumped above the floor value associated with the BAYC […]
Amid Speculation and Rumors Surrounding Binance, Exchange Token BNB Suffers Losses From the Alleged FUD
This Week’s NFT Sales Slid 5% Lower Than Last Week, Ethereum NFT Sales Accounted for 76.8% of the Volume On Monday, Dec. 5, 2022, market data shows that non-fungible token (NFT) sales dropped 5.23% lower than last week’s sales despite a 15.16% increase in NFT buyers. Out of the $112.70 million in NFT sales volume over the last week, Ethereum-based NFTs accounted for $86.59 million or 76.8% of the $112 million in sales volume. […]
BNB Chain-Based Defi Protocol Ankr Suffers Major Exploit Decentralized Web3 infrastructure provider Ankr has become the latest victim of a hacking attack targeting the defi space. The perpetrators who hit the platform were able to mint and steal a massive amount of tokens in a multimillion-dollar exploit. Defi Protocol Ankr Hit by Unlimited Mint Bug Exploit Worth Millions Ankr, a decentralized finance (defi) […]
BNB Leads Gains Among Top Cryptos: Will Binance Coin Continue To Roar? BNB is currently trading at $300.082 with a 24-hour trading volume of $1,059,515,334. Despite the general market slump, the coin has been one of the top performers. It currently ranks at the number four position on CoinMarketCap. The coin has a 24-hour low of 289.76 and a 24-hour high of $304.82. The price change in […]