Category: Binance Coin

Price analysis 4/30: BTC, ETH, BNB, XRP, ADA, DOGE, DOT, UNI, LTC, BCH

April 30, 2021

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The recent weakness in Bitcoin (BTC) price did not see any panic selling by investors, suggesting the sentiment in the crypto sector remains bullish. After Ether’s (ETH) strong run in the past few days, Bitcoin played catch up today as it reclaimed the $55,000 level. This suggests investors continue to accumulate on dips. Gaming-focused venture […]

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Bitcoin falls below $58K as Bloomberg eyes $80K BTC price in Q2

April 6, 2021

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Bitcoin (BTC) reversed recent gains to lose 1.5% on April 6 as bulls were kept frustrated with no sign of an attack on all-time highs  BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview Bitcoin will “likely” squash $60,000 resistance Cointelegraph Markets Pro and TradingView showed local lows of $57,340 hitting during Tuesday after another failed attempt […]

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Price analysis 3/26: BTC, ETH, BNB, ADA, DOT, XRP, UNI, THETA, LTC, LINK

March 26, 2021

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Glassnode data shows Bitcoin (BTC) exchange reserves on Coinbase have dropped by about $8 billion. This indicates that institutional investors are locking away their purchases in cold storage for the long term instead of booking profits.  HODLing by institutions is a huge positive as it will continue to reduce Bitcoin’s available supply, which may boost […]

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Price analysis 3/19: BTC, ETH, BNB, ADA, DOT, XRP, UNI, LTC, LINK, BCH

March 19, 2021

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A report by Deutsche Bank Research said that Bitcoin (BTC) has become “too important to ignore” and may attract regulation by the end of 2021. Deutsche Bank analysts expect Bitcoin to reach a turning point in about “two or three years” when it will be clear whether Bitcoin will evolve into an asset class or […]

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Swiss crypto ETP issuer passes $1B assets under management

February 22, 2021

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Swiss crypto ETP issuer 21Shares has increased its managed crypto ETP assets from $500 million to $1 billion in less than two weeks. 10466 Total views 24 Total shares 21Shares, a Switzerland-based provider of cryptocurrency exchange-traded products, or ETPs, has recorded a 100% growth in assets under management over the past two weeks. The company […]

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Exchange tokens benefit as centralized exchanges battle with DeFi platforms

February 21, 2021

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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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$56.3K Bitcoin price and $1T market cap signal BTC is here to stay

February 19, 2021

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Bitcoin price hit a new high at $56,368, cementing its status as one of the most valuable assets on the planet. 31845 Total views 256 Total shares As Bitcoin (BTC) price pushed above $55,300 in the morning trading session, its market cap surpassed $1 trillion for the first time on Feb. 19. The breakout continued […]

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

February 19, 2021

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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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Binance Coin hits all-time highs as BNB surpasses Bitcoin Cash by market cap

February 4, 2021

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Bitcoin Cash is now in danger of being ejected from the top 10 cryptocurrencies by market cap. 5864 Total views 21 Total shares Binance Coin (BNB), the in-house token of cryptocurrency exchange Binance, saw its price hit a new all-time high this week, passing Bitcoin Cash (BCH) by market capitalization. BNB/USD 1-week candle chart (Binance). […]

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

January 22, 2021

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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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