Binance cryptocurrency exchange has achieved a historic milestone by surpassing $100 trillion in combined spot and derivatives trading volume. This accomplishment reaffirmed its dominance and prompted speculation on the potential uptick in Binance Coin (BNB). As the central figure in the trading arena, the exchange’s trading volume signifies intensified interest in digital assets trading. Binance…
Charles Hoskinson has said that the Cardano network will become “larger” than Bitcoin and Ethereum and provided a timeline for when this will happen. This came as the Cardano founder also made a case for why his network has an edge over other layer-1 networks, especially with the Voltaire era, which has ushered in decentralized…
Recently, Bitwise CIO Matt Hougan expressed optimism about Bitcoin. He said the cryptocurrency was due for a significant rally that would drive the token price well into six-figure territory due to several factors. Comments reflected a broader optimism over digital assets after institutional investors continued to show confidence in Bitcoin’s potential. Therefore, the pace of…
Forex signals are generated based on the analysis of market background, patterns, as well as indicators such as RSI, MACD, or the Fibonacci retracement. A more general signal should contain an entry-level (where to get in—buy/sell), an exit level (where to get out—to close the position), and a stop loss level (to minimize loss if…
Cardano price was up more than 2% today, amid a positive sentiment hovering in the broader crypto market. Besides, the recent rally and optimistic outlook from the top market experts have also sparked optimism over a potential rally of ADA to $1. However, it’s worth noting that crypto has witnessed volatile trading lately, which has…
Fears about the ECB Bitcoin ban have swelled since a controversial report’s release. Analyst Tuur Demeester warns that the report’s negative portrayal of Bitcoin could justify harsh ECB Bitcoin regulation, including potential bans. The recent European Central Bank paper, “Distributional Consequences of Bitcoin,” has undoubtedly created controversy among most cryptocurrency advocates. Demeester thinks this is…
The crypto market participants are anticipating the impact of Ripple’s RLUSD stablecoin launch on XRP price. Some speculate that this could push XRP to $2, others suggest $1 is a reasonable target. Let’s explore how high XRP price might go post Ripple’s stablecoin goes live. Can XRP Price Hit $2 Post Ripple’s RLUSD Launch Ripple’s…
The US Spot Bitcoin ETF has recorded a record influx of over $2 billion this week, catching the eyes of investors. Notably, this surge in the Wall Street players’ interest also appears to have boosted the broader market sentiment, as evidenced by the recent jump of BTC price to nearly $69K. Besides, a renowned analyst…
An autonomous AI bot named Truth Terminal has reportedly become the first AI to reach millionaire status, following a substantial surge in its cryptocurrency holdings. The bot, which was initially funded with a $50,000 grant from venture capitalist Marc Andreessen, has significantly increased its portfolio through strategic investments in meme tokens, including Fartcoin and the…
The U.S. Securities and Exchange Commission (SEC) has granted accelerated approval for the listing and trading of options tied to spot Bitcoin exchange-traded funds (ETFs) on the New York Stock Exchange (NYSE) and the Cboe Exchange. This decision follows a significant rise in interest in Bitcoin ETFs and offers traders an alternative way to gain…