Category: Binance Coin

Exchange tokens benefit as centralized exchanges battle with DeFi platforms

Exchange tokens benefit as centralized exchanges battle with DeFi platforms

Fresh institutional and retail investor inflows into the cryptocurrency market have led to bull market conditions for many top tokens from blue-chips like Bitcoin (BTC) and Ether (ETH) to more recently established DeFi projects like AAVE and Synthetix (SNX). Exchange tokens are another easily overlooked sub-sector of the market but they have been performing exceptionally […]

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Exchange tokens BNB, HT, FTT and OKB are on fire in February — Here’s why

Exchange tokens BNB, HT, FTT and OKB are on fire in February — Here’s why

Bitcoin’s (BTC) current bull run continues to attract institutional investors who are finally realizing its long-term potential. The latest to take the Bitcoin plunge is BlackRock Financial Management, which has “started to dabble a bit” in crypto investments, according to the investment giant’s chief investment officer Rick Rieder. In another positive, investment advisory The Motley […]

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Price analysis 1/22: BTC, ETH, DOT, XRP, ADA, LTC, LINK, BCH, BNB, XLM

Price analysis 1/22: BTC, ETH, DOT, XRP, ADA, LTC, LINK, BCH, BNB, XLM

Aggressive profit-booking sent Bitcoin (BTC) spiraling below $29,000 on  Jan. 21 but was this a sign that institutional investors dumped their positions? This is one of the main questions bothering traders because large institutional inflows primarily led the run-up to $42,000. Cointelegraph contributor Marcel Pechman analyzed derivatives data from various exchanges, which showed professional traders […]

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