Price Analysis
Bitcoin remains strong above its recent breakout level, but several major altcoins will be under pressure until BTC reveals its next move.
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Binance Coin News
Binance Сoin (BNB) is a cryptocurrency designed by the eponymous cryptocurrency exchange. Based on the ERC-20 standard, Binance Coin was established with the Ethereum technologies. The Binance Coin market cap is one of the largest on the market and the largest among the ERC-based tokens with over 1,3 billion dollars at the time of writing this article. BNB was developed to become a trading tool on the Binance cryptocurrency exchange. BNB-based transactions are subsidized by the exchange making the coin more attractive to use within it. Due to the large trading volume of Binance and its effective strategy on the new asset, Binance Coin was fast to become a major part of the industry. BNB price is supported by the large number of businesses accepting the coin as a form of payment.
- Market Analysis
BNB price gets a boost as Binance launches a $1 billion blockchain fund.
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The announcement stated that the program is the largest ever announced in the crypto space.
7407 - Price Analysis
Analysts say Bitcoin has started its journey toward a new all-time high and the sideways action from altcoins suggests traders are shifting funds into BTC.
31511 - Price Analysis
Bitcoin and select altcoins are facing selling at higher levels, indicating that short-term traders may be booking profits after the recent rally.
50103 - Price Analysis
Bitcoin has surged above the overhead resistance and that has pulled several altcoins higher.
33035 - Price Analysis
Bitcoin bulls have set their sights on $50,000 and this renewed push is also boosting large and small-cap altcoin prices.
36135 - Price Analysis
Historical data suggests that October is a good month for Bitcoin bulls, and the push above $47,600 on Oct.1 could be a signal of what's to come for BTC and altcoins.
37634 - Price Analysis
A week-long pattern of daily lower highs suggests bulls will be unable to flip $43,000 to support and this could weigh on the fledgling recovery seen across many altcoins.
30529 - Price Analysis
Bitcoin and most major altcoins have recovered from last week’s sell-off, but they are still facing selling at higher levels, suggesting that the market could remain range-bound for a few days.
31346 - Market Analysis
In the last 24 hours, the DEX sector has logged a combined profit of over 60%, while their centralized counterparts have grown by just 0.77%.
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Bitcoin and altcoins made a sharp downside move to their recent lows after news that China banned crypto trading surfaced.
34481 - Price Analysis
Positive news about China’s Evergrande meltdown and the Fed’s intent to continue its current monetary policy catalyzed a strong recovery in the price of Bitcoin and altcoins.
27769 - Price Analysis
Bitcoin and most major altcoins have dropped to their critical support levels, which is likely to attract strong buying from the bulls.
30090 - Price Analysis
Bitcoin is sustaining above its immediate support, but several altcoins are showing signs of profit-booking.
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