The second quarter of the year witnessed a mixed performance by the Binance Smart Chain (BSC). While the native token, BNB, remained largely flat with a 5% decrease quarter-over-quarter (QoQ), the chain experienced fluctuations in key metrics. According to a recent report by Messari, the chain’s revenue, which represents the total fees collected by the
Analysis
BNB has recently shown a significant bullish momentum, with a positive candlestick crossing the 100-day Simple Moving Average (SMA) in the 4-hour timeframe. This uptrend has been a result of multiple rejections at the $572 level, which have paved the way for the bulls to take control and push the price towards the $605 resistance
The Ethereum price has recently corrected gains and dipped below the $3,300 level. This correction began after failing to break through the $3,400 resistance zone. Currently, ETH is consolidating and facing hurdles near the $3,300 resistance level. The price is trading below $3,330 and the 100-hourly Simple Moving Average, indicating a short-term bearish trend. A
Aayush Jindal is a prominent figure in the financial markets, with a wealth of experience spanning over 15 years in Forex and cryptocurrency trading. Known for his exceptional technical analysis skills, Aayush has established himself as a trusted advisor and senior market expert for investors worldwide. From a young age, Aayush showed a natural talent
Scott Matherson, a well-known crypto writer at NewsBTC, has made a significant impact on the crypto industry with his insightful articles. His ability to break down complex topics in a clear and engaging manner has helped readers understand the intricate world of cryptocurrency. With experience in industries such as banking and investment, Scott brings a
Bitcoin (BTC) is currently facing a significant bearish trend as technical indicators point towards a potential decline in its price. The cryptocurrency market is closely monitoring the movement of BTC as it approaches the $63,316 support level, signaling a possible further drop in value. This article will delve into the current price movements of Bitcoin
Aayush Jindal is a name synonymous with success in the world of financial markets. With over 15 years of experience in Forex and cryptocurrency trading, Aayush has established himself as a trusted advisor and senior market expert to investors worldwide. His journey to success began at a young age when he demonstrated a natural talent
Ethereum price has been struggling to break the $3,400 zone and has undergone a correction in recent trading sessions. At the moment, ETH is holding steady near $3,280 and may attempt another push higher in the near future. Upon further analysis, it is evident that Ethereum started a downside correction from the $3,400 resistance level.
Bitcoin price recently faced a downside correction after struggling to break above the $70,000 resistance level. The digital currency started trading below $68,500 and the 100 hourly Simple Moving Average. This correction has raised concerns among traders and investors regarding the future price movement of Bitcoin. One of the key factors contributing to the downside
Growing up in Edo State, Nigeria, surrounded by my supportive family, I have always been inspired by my siblings and parents who have been my pillars of strength throughout my life. Their unwavering support and guidance have molded me into the person I am today. Three years ago, I was introduced to the world of