BNB price is currently showing signs of a fresh increase from the $515 zone, indicating a potential bullish momentum if it manages to clear the $572 resistance level. The recent support near $515 has prompted a recovery wave similar to what Ethereum and Bitcoin have experienced in recent times. This signals a positive movement in
The cryptocurrency market has been experiencing significant fluctuations, with Bitcoin’s price surging by 1.7% in the past 24 hours to hover above the $62,000 mark. However, cautionary warnings from CryptoQuant, a reputable crypto analytics platform, suggest that Bitcoin could face a substantial downturn to $52,000 if specific key levels are breached. CryptoQuant’s analysis points to
The US SEC recently filed an amended complaint in its case against Justin Sun and other defendants, alleging that Sun’s frequent visits to the United States should establish the jurisdiction necessary to proceed with legal action. According to the regulator, Sun spent a significant amount of time in the US between 2017 and 2019, conducting
The recent introduction of the Lummis-Gillibrand Payment Stablecoin Act has sparked criticism from industry experts within the crypto community. Former Blockchain Association member Jake Chervinsky labeled the bill as “deeply flawed” and raised concerns about its potential impact on the ecosystem. Chervinsky argued that the proposed ban on algorithmic stablecoins could stifle innovation and only
Bitcoin Cash (BCH) has recently faced a significant decrease in enthusiasm among investors, with its price plummeting by 20% over the last seven days. As of the latest update, BCH is trading at $484, following a similar downward trend to the overall cryptocurrency market, particularly Bitcoin. The leading cryptocurrency fell by 9% in the past
Binance recently completed the conversion of its Secure Asset Fund for Users (SAFU) into Circle’s USD Coin (USDC) stablecoin. This move was confirmed in an official statement on April 18, marking a significant shift for the cryptocurrency exchange. By transferring 100% of SAFU’s assets to USDC, Binance aims to enhance reliability and stability by using
The launch of Omni Network’s OMNI token on April 17 marked a significant milestone for the Layer-1 testnet blockchain, which aims to enhance Ethereum rollup interoperability. The airdrop of 3 million OMNI tokens, constituting 3% of the total token supply, attracted considerable attention from early test network users, developers, and community participants. However, the fraudulent
After retesting the $12.00 support zone, Chainlink’s LINK price is now looking to recover and move above the $13.50 and $15.00 resistance levels. However, the price is currently showing bearish signs below the $15.00 resistance against the US dollar. It is trading below the $14.20 level and the 100 simple moving average (4 hours). Additionally,
Ethena, a stablecoin with a market cap of over $2.3 billion, burst onto the scene in late February and has quickly risen to become one of the fastest-growing stablecoins in history. One of its main attractions is its ability to generate yield for holders, a feature that sets it apart from leading stablecoins that keep
Ali Martinez, a well-known cryptocurrency expert and trader, has made a bold prediction for Bitcoin, suggesting that the digital asset could reach a price of $86,000 in the near future. Martinez’s analysis focuses on key support and resistance levels that will dictate the future price trend of Bitcoin. According to the expert, Bitcoin has been