Binance, one of the leading names in the cryptocurrency exchange landscape, has set its sights on a novel venture that merges blockchain technology with the ever-expanding gaming sector. This new initiative, dubbed “Moonbix,” is a play-to-earn (P2E) game that will be launched on Telegram’s Mini App platform. This strategic move highlights Binance’s commitment to adapting
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The cryptocurrency landscape is fraught with speculation, and recent allegations concerning Coinbase and its handling of Bitcoin in relation to the BlackRock fund have ignited fervent discussions across social media channels. The claims assert that Coinbase is not genuinely utilizing BlackRock’s funds to procure Bitcoin but rather engages in issuing letters of debt, a situation
In a bold move to reshape the European cryptocurrency landscape, the Swiss stock exchange SIX is preparing to unveil a new crypto trading platform aimed primarily at institutional investors. The initiative comes at a time when the legitimacy of digital assets is becoming increasingly recognized, positioning SIX not just as another trader but as a
In the ever-evolving landscape of cryptocurrency, market sentiment can dramatically influence trading decisions and the overall health of digital assets. Recent analysis from crypto expert Ali Martinez has unveiled a prevailing bearish sentiment among top traders on Binance, which could spell trouble for Bitcoin’s price trajectory. Martinez noted that over 51% of these traders are
Telegram CEO Pavel Durov has recently been released from prison but placed under judicial supervision with strict conditions. These conditions include a hefty bond of €5 million and a ban on leaving the French territory. Additionally, Durov is required to report to the police station twice a week as part of his bond obligations. Criminal
Crypto analyst Benjamin Cowen recently shared his insights on the significance of the death cross indicator reappearing on Bitcoin’s chart. This indicator has brought the $62,000 price level into focus, indicating that Bitcoin’s price stability may be at risk. In a video posted on his YouTube channel, Cowen emphasized the importance of Bitcoin maintaining its
In a recent revelation, Binance CEO Richard Teng shared that the exchange experienced record inflows and one of its highest trading volumes this year. Teng reported a net inflow of $1.2 billion in the past 24 hours, based on DefiLlama’s CEX Transparency metrics. According to data from DeFillama, Binance’s inflows had reached over $2 billion
Bitcoin (BTC), the world’s largest cryptocurrency, is currently under the spotlight as a crypto analyst predicts that it is on track to reach an unprecedented $263,000. The analyst, known as ‘Trader Tardigrade,’ has identified a key technical pattern in Bitcoin’s current price chart – the “Cup with Handle” chart pattern. This unique technical indicator typically
Ethereum has witnessed a significant downturn in its price recently, starting from the $3,500 resistance level. The downtrend has led to a drop of over 8%, with further potential for a decline towards the $3,120 support zone. This article will delve into the various factors contributing to this price movement and analyze the potential future
Ethereum price has recently faced challenges in continuing its upward momentum, failing to break above the $3,500 resistance zone. After correcting gains, ETH is currently consolidating in a range above the $3,400 level. The price is now trading below $3,480 and the 100-hourly Simple Moving Average. A key declining channel is forming with resistance at