Tag: Top

Bitcoin Price Retreats From Highs – Is The Market Signaling A Short-Term Top?

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Bitcoin price struggled to surpass $126,200 and corrected gains. BTC is now consolidating near $122,000 and might aim for a recovery wave. Bitcoin started a downside correction below the $125,000 level. The price is trading below $124,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $123,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it trades below the $120,500 zone. Bitcoin Price Corrects Gains Bitcoin price extended gains…

Binance Coin Flips XRP and USDT, Enters Crypto’s Top 3

Key Notes BNB Chain reports a record 58 million monthly active addresses, with 24-hour fees exceeding $2.48 million. BNB Chain DEX volume has crossed $4.14 billion, with growth fueled by Aster’s TVL jump. BNB’s daily trading volumes rose 65% to $7.93 billion. Binance Coin ( BNB $1 286 24h volatility: 5.7% Market cap: $179.97 B Vol. 24h: $7.45 B ), the native cryptocurrency of the BNB Chain, has surged another 7%, hitting fresh all-time highs above the $1,300 level. With its market cap soaring to $183 billion, BNB has now…

A7A5 Becomes Top Non-Dollar Stablecoin Amid Sanctions

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A7A5, a Russian ruble-backed stablecoin issued in Kyrgyzstan, has become the world’s biggest non-US dollar stablecoin despite facing multiple sanctions. A7A5’s market capitalization stood at almost $500 million on Monday, about 43% of the total $1.2 billion market cap of non-US dollar stablecoins, according to data from CoinMarketCap and DefiLlama. “We have already proven that a national digital currency can be not only an alternative to the dollar but also a driver of global change,” A7A5 wrote on its Telegram channel on Saturday. The statement came as the project drew…

Top Global Crypto Exchange Binance Airdrops and Lists Native Asset of DeFi Lending Network

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The largest crypto exchange platform in the world by trading volume has rolled out support for the native asset of an enterprise-focused, on-chain lending network. Binance listed the decentralized finance (DeFi) project Morpho (MORPHO) via its HODLer Airdrops program, which rewards BNB holders with select tokens based on historical snapshots of their balances. Morpho bills itself as “the most trusted on-chain lending network,” noting it has more than $10 billion in deposits. “Businesses can connect to Morpho’s open infrastructure to power any lending or borrowing use case at scale, including…

Bitcoin Eyes New ATH Rally: Analyst Forecasts Mid-November Top

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As the market recovers, Bitcoin (BTC) is kicking off the weekend on a positive note by reclaiming another crucial support level. Some analysts suggest that the cryptocurrency is setting the stage for a new price discovery rally, which could start sooner than expected. Related Reading Bitcoin Eyes Third Price Discovery Uptrend On Friday, Bitcoin jumped nearly 3% to hit a two-month high of $123,894. The flagship crypto has seen a massive recovery from last week’s correction, surging 14% from the local lows. Earlier this week, BTC reclaimed the $115,000-$117,000 area,…

Top Analysts Predict Massive Bitcoin Price Rally This ‘Uptober’: Is $150,000 Within Reach?

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As the Bitcoin price approaches record highs, recently surpassing the $121,000 mark, analysts are increasingly optimistic about the cryptocurrency’s trajectory for October, often termed “Uptober.” According to the analysis team at The Bull Theory, there’s a possibility that the Bitcoin price could reach as much as $143,000, meaning a potential surge of nearly 20% for the rest of the month. Bitcoin Price Poised For October Rally Such projections may seem ambitious, but historical data supports the notion that October has consistently been one of Bitcoin’s strongest months. Over the past…

Bitcoin, DeFi Rally, Zcash Top Weekly Crypto Performance: Finance Redefined

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The digital asset market staged a significant recovery over the past week following the end-of-September slump. Investor interest began to return, driven by a newfound appetite for safe-haven assets due to the uncertainty caused by the US government’s first shutdown in six years. The growing demand for safe-haven assets may see Bitcoin (BTC) follow gold’s rally, potentially leading to a new all-time high of $150,000 before the end of the year, according to Capriole Investments founder Charles Edwards. Bitcoin recovered above the $120,000 mark on Thursday for the first time…

Ripple’s RLUSD Stablecoin Soars in Volume, Back in Top 100

Key Notes RLUSD’s trading volume is up, with a 75% increase over the past 24 hours. The coin is currently the 92nd largest cryptocurrency in terms of market capitalization. Bybit listed RLUSD recently amid a growing push toward tokenization. RLUSD, the stablecoin launched by blockchain payments firm Ripple Labs Inc., has recorded a significant increase in its 24-hour trading volume. According to CoinMarketCap, this metric climbed by about 75% and with a market capitalization of $789.54 million, positioned RLUSD among the top 100 cryptocurrencies. RLUSD Records Multiple Milestones Ripple’s RLUSD…