Crypto Newz Daily (2024)

11/09/2023

Over the course of Ripple’s legal battle with the United States Securities and Exchange Commission (SEC), John Deaton has grown to become one of the most prominent voices in support of the crypto firm. The result of this was a list containing 75,000 potential intervenors, all of which hold XRP. Up until now, the regional composition of this 75,000-holder list has been unknown. But Deaton has finally revealed which countries are leading the pack as ‘potential intervenors.’ The United States Leads The 75,000 XRP Holder List In a tweet shared on the X (formerly Twitter) platform, Deaton revealed to his more than 292,000 followers that the United States made up the majority of the 75,000 XRP holder list. The tweet highlighted that US holders currently make up 53% of the list, making it the leading region. Related Reading: Crypto Analyst Presents Bull Case For XRP Price To Hit $130, Here’s When Going forward, the pro-XRP lawyer points to the United Kingdom as having the second-largest holder base on the list. This is then followed by Australia, which the lawyer excitedly reveals has moved up to the third position as of the last time he checked the holder list. However, Deaton explained that Australia’s lead over Canada in the fourth place only comes down to a difference of around 11 holders. The lawyer’s tweet comes in response to an announcement from the Wave of Innovation official X handle that Deaton would be the keynote speaker of an upcoming event. The event totaled “XRP Gold Coast” would run from March 22-24 in 2024, and Deaton was picked as the keynote speaker due to his “significant contributions to the XRP community through his legal work and advocacy efforts.” Deaton went on to highlight his pleasure of being the keynote speaker at this event by pointing out Australia’s growing dominance on the 75,000 XRP holder list. “I could not say no, nor pass on the opportunity to meet many of them,” he tweeted. I checked the 75K Holder list. Australia 🇦🇺 has moved to the #3 spot. About 53% of the 75K Holders are from the United States 🇺🇸 The United Kingdom 🇬🇧 comes in at #2. After that, Australia 🇦🇺 has a very small lead (ie like 11 people) over Canada 🇨🇦, as the 3rd most… https://t.co/HYfaNOioju — John E Deaton () September 10, 2023 Token price loses $0.5 support & #124; Source: XRPUSD on Tradingview.com Representing The Interest Of Investors John Deaton’s rise to fame, especially among crypto investors, first came when the lawyer began advocating for XRP holders. While Ripple Labs battled the SEC in the courtrooms, Deaton was the attorney of choice for XRP investors who wanted to make their voices heard in the case. Support for Ripple had grown rapidly as many referred to the regulator’s actions as an overreach. Meanwhile, the number of XRP investors throwing their hats in the ring grew to over 75,000 on Deaton’s list. Related Reading: Can Ripple Control The XRP Price? Crypto Analysts Weigh In According to the attorney, being on this ’75K List’ meant that XRP investors could potentially be able to seek reimbursement if the price of XRP were to suffer as a result of the regulator’s actions. The legal battle that began in 2020 is currently still ongoing with the SEC filing an interlocutory appeal in response to Judge Analisa Torres’s ruling back in July. So whether or not there will be any reimbursement for XRP holders impacted by the regulator’s actions remains to be seen. Featured image from Bitcoinist, chart from Tradingview.com

The regional composition of the 75,000 XRP list has been unknown, but Deaton has finally revealed which countries are leading the pack.

11/09/2023

Optimism (OP) has been at the forefront of the blockchain industry with its incentive program, which recently led to the protocol& #8217;s cumulative trading volume exceeding an impressive $3.8 billion. Analyst Ryan Holloway has shed light on the remarkable impact of Optimism& #8217;s incentive program. The availability of OP trading rewards and incentives on various platforms, including Polynomial, played a pivotal role in this surge in usage metrics. Related Reading: Shiba Inu Tallies 77% Accumulation By Major Investors – Good For SHIB Price? The incentivization strategy employed by Optimism has proven wildly successful, resulting in an astounding 23-fold increase in trading volume for the protocol. This achievement, however, comes with a caveat, as it raises questions about the composition of this newfound trading activity. Just dropped an analysis with on the impact of & #8216;s OP incentive program that ultimately led to the protocol& #8217;s cumulative trading volume surpassing $3.8B 🧵 👇 pic.twitter.com/UahucTcVJ0 — Ryan Holloway () September 9, 2023 Rise In Trading Volume Masks Optimism’s Growth In Daily Traders While the surge in trading volume is undoubtedly impressive, a deep analysis reveals a more nuanced picture. The growth in daily traders has been relatively modest, suggesting the possibility of a significant rise in power users or, in a less favorable scenario, potential wash trading activities. But what exactly is wash trading? Wash trading involves artificially inflating trading volumes by executing simultaneous buy and sell orders for the same asset, giving the illusion of increased demand and activity. This practice is illegal in traditional financial markets and is viewed negatively in the cryptocurrency space due to its potential to mislead investors. Optimism market cap currently at $1 billion. Chart: TradingView.com Optimism Faces DeFi Sector Headwinds Optimism has faced its fair share of challenges in gaining a foothold in the competitive DeFi sector. Recent reports indicate a notable decrease in total value locked and decentralized exchange volumes on the network in recent weeks. This decline in activity is reflected in the network& #8217;s financials, with revenue plummeting by 37.5% in the last month, accompanied by an overall activity decrease of 19.7% over the same period. Despite these setbacks, Optimism& #8217;s native token, OP, currently holds a price of $1.26 according to CoinGecko, with a 0.9% gain in the last 24 hours. However, it has seen a 6.2% decline over the past week. Related Reading: Massive PEPE Token Dump: Whale Unloads 762 Billion At Loss As Price Wobbles Sustainability And Challenges In Optimism& #8217;s Post-Incentive Era The sustainability of Polynomial& #8217;s retention rates after the conclusion of the incentive program will be a crucial factor in determining its long-term impact on Optimism. As the network navigates the challenges posed by wash trading concerns and its struggles to establish a firm presence in DeFi, the cryptocurrency community will be closely watching for signs of resilience and adaptability. While Optimism& #8217;s incentive program has undeniably driven an astonishing surge in trading volume, the sustainability of this growth and the resolution of its challenges will determine the protocol& #8217;s long-term success in the highly competitive world of cryptocurrency. (This site& #8217;s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from Insperity

Optimism (OP) has been at the forefront of the blockchain industry with its incentive program, which recently led to the protocol's cumulative trading

11/09/2023

Ethereum price failed to settle above $1,650 and trimmed gains against the US Dollar. ETH is now trading in a bearish zone and could decline heavily. Ethereum peaked near $1,670 and started a fresh decline. The price is trading below $1,650 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance near $1,620 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bearish momentum if there is a close below $1,600 and $1,580. Ethereum Price Turns Red Ethereum’s price attempted a fresh increase above the $1,620 pivot level. ETH even broke the $1,650 resistance but the bears were active near the $1,670 level. As a result, the price failed to continue higher and started a fresh decline below $1,650, like Bitcoin. There was a downside break below the $1,620 level and the 100-hourly Simple Moving Average. The price even retested the $1,600 support zone. A low is formed near $1,600 and the price is now consolidating losses. Ether is now trading below $1,650 and the 100-hourly Simple Moving Average. Besides, there is a key bearish trend line forming with resistance near $1,620 on the hourly chart of ETH/USD. The trend line is close to the 23.6% Fib retracement level of the downward move from the $1,669 swing high to the $1,600 low. On the upside, the price might face resistance near the $1,620 level and the trend line. The next resistance is near the $1,635 level or the 50% Fib retracement level of the downward move from the $1,669 swing high to the $1,600 low. Source: ETHUSD on TradingView.com The first major resistance is near $1,650, above which the price could rise toward the $1,670 level. The next major hurdle is near the $1,700 level. A close above the $1,700 level might send Ethereum further higher toward $1,750. Downside Break in ETH? If Ethereum fails to clear the $1,620 resistance, it could start another decline. Initial support on the downside is near the $1,600 level. The first key support is close to $1,580. The next key support is $1,540. A downside break below $1,540 might start a major decline toward $1,450. If there is a downside break below $1,450, the price could test the $1,320 support level. Technical Indicators Hourly MACD – The MACD for ETH/USD is slowly gaining momentum in the bearish zone. Hourly RSI & #8211; The RSI for ETH/USD is now below the 50 level. Major Support Level – $1,600 Major Resistance Level – $1,650

Ethereum price failed to settle above $1,650 and trimmed gains against the US Dollar. ETH is now trading in a bearish zone and could decline heavily.

10/09/2023

In a recent series of tweets, Vetle Lunde, Senior Analyst at K33 Research, delved deep into the potential ramifications of the US Bitcoin (BTC) spot ETFs. Lunde& #8217;s analysis suggests that the broader market might be significantly underestimating the transformative power of these financial instruments. Lunde& #8217;s assertion is rooted in five core reasons. He began with a bold proclamation: & #8220;The market is wrong & #8211; and dramatically underestimates the impact of US BTC ETFs (and ETH futures-based ETFs).& #8221; Why The Market Is Wrong On Bitcoin Firstly, Lunde believes that the current climate is ripe for the approval of US spot ETFs, suggesting that the odds have never been more favorable. As NewsBTC reported, Bloomberg experts Eric Balchunas and James Seyffart recently raised their Bitcoin spot ETF approval odds following the Grayscale judgment to 75% this year, 95% by the end of 2024. Related Reading: Bitcoin Analysis: Why 2024 Will Be The Highest Returning Year This Cycle Secondly, Lunde pointed out that BTC price has retraced to pre-BlackRock announcement levels. The third reason revolves around the potential competition and the simultaneous launches of multiple US spot ETFs. Lunde anticipates that these, if approved, could lead to robust inflows, potentially surpassing the initial trading days of both BITO and Purpose. For context, he highlighted that Purpose saw inflows of 11,141 BTC, and in its wake, subsequent ETF launches in Canada resulted in a whopping 58,000 BTC worth of inflows within a mere four months. Given the vastness of the US market compared to Canada, the inflow potential is considerably higher. Related Reading: Bitcoin Drop Before Halving Expected, Will It Get Worse In September? The fourth reason Lunde presented is based on historical data from the past four years. He emphasized a noticeable correlation between strong BTC investment vehicle inflows and appreciating BTC prices. This relationship becomes even more pronounced during periods of extreme inflows, which have historically contributed to significant market uplifts. The last crucial point for Lunde is that on August 17 the market got rid of from excess leverage, as NewsBTC reported. By The Numbers In conclusion, the research firm posits that US BTC spot ETFs could see at least 30,000 BTC worth of inflows in their first 10 days. Over a span of four months, the combined inflows into BTC investment vehicles could range between 70,000 to 100,000 BTC, driven by US spot ETFs and growing inflows to ETPs in other countries. Based on these flow assumptions and data from the past four years, Lunde suggests a potential 66% BTC rally, targeting a price of $42,000. However, he also cautioned that this projection is based on a & #8220;naïve assumption& #8221; and doesn& #8217;t account for other market-moving events. At press time, BTC traded at $25,865. Featured image from iStock, chart from TradingView.com

In a recent series of tweets, Vetle Lunde delved deep into the potential ramifications of the US Bitcoin spot ETFs.

10/09/2023

Shiba Inu (SHIB) seems to have hit a rough patch in recent times, as its price struggles to gain traction in the volatile crypto market. Investors who witnessed a major rally between mid-June and mid-August are now grappling with the harsh reality that these gains have been almost entirely wiped out. As we enter the final quarter of the year, Shiba Inu& #8217;s price has exhibited a rather lackluster performance. The token has teetered dangerously close to its July/August lows, casting a shadow of doubt over the optimism that once surrounded it. In fact, a recent price analysis indicates that SHIB has given up over 70% of its gains achieved during its summer surge. Related Reading: XLM Surges With 10% Rally – Can The Recovery Hold Its Ground? Currently, SHIB is trading at $0.00000762, as reported by CoinGecko. Over the last 24 hours, it has experienced a modest 0.3% decline, while the seven-day chart shows also shows an insignificant loss of 2.8%. These figures underscore the prevailing bearish sentiment that has engulfed the Shiba Inu token since mid-August, with the Relative Strength Index (RSI) remaining below the crucial 50-neutral level. SHIB weekend price action. Source: Coingecko Shiba Inu Large Holders Up Amidst the challenging period of price volatility that Shiba Inu (SHIB) has been experiencing, there has been a noteworthy development that has captured the attention of market observers within the Shiba Inu network. According to data sourced from IntoTheBlock, a prominent analytics platform, there has been a notable surge in the concentration of SHIB tokens held by large investors. This shift in ownership dynamics is indeed a significant development in the Shiba Inu ecosystem and may hold the potential to influence the trajectory of the token& #8217;s price. Source: IntoTheBlock Related Reading: XRP Bottom Support Holds Strong: A Healthy Sign For The Crypto’s Price? The data presented in the chart below clearly illustrates this compelling trend, with a striking 77% increase in the number of holders of this meme coin. This surge in the number of holders represents a noteworthy uptick in the distribution of SHIB tokens among a broader spectrum of participants in the market. Such an increase in the holder base suggests a growing interest and participation in the Shiba Inu project, which in turn could serve as a catalyst for renewed optimism and potential price appreciation. SHIB market cap currently at $4.49 billion on the weekly chart: TradingView.com SHIB Outlook Meanwhile, as the fate of Shiba Inu remains uncertain in the short term, the increased attention from whales adds an element of intrigue to the story. As the crypto community watches with bated breath, the question remains: Are the whales positioning themselves for a resurgence of SHIB, or is there more to this story than meets the eye? (This site& #8217;s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from Zipmex

Shiba Inu (SHIB) seems to have hit a rough patch in recent times, as its price struggles to gain traction in the volatile crypto market. Investors who

10/09/2023

PEPE, the meme coin that has garnered a cult following in the cryptocurrency world, made headlines once again as an anonymous whale, rumored to go by the name & #8220;Alleged Mattfurie,& #8221; executed a huge transaction. According to a new PEPE price update, this enigmatic figure exchanged a staggering 726 billion PEPE tokens for approximately 345.7 Ethereum (ETH). What& #8217;s more, the acquired ETH swiftly found its way to the Coinbase exchange, adding intrigue to an already sensational move. As of the latest data from CoinGecko, PEPE is currently valued at $0.00000078, with a 24-hour slump of 2.8% and a marginal seven-day loss of 0.1%. However, the impact of this whale behavior is sending ripples through the meme coin& #8217;s market dynamics. PEPE& #8217;s price saw a brief 3.48% rise on September 7th, but it quickly dropped back to $0.0000007857. This likely indicates that a significant PEPE holder sold their 762 billion tokens at a loss. Related Reading: Shiba Inu Tallies 77% Accumulation By Major Investors – Good For SHIB Price? PEPE Price Conundrum: Caught In A Triangle PEPE& #8217;s journey in the world of cryptocurrencies has been nothing short of remarkable. It has not only become a symbol of internet culture but also a fascinating experiment in the world of decentralized finance. PEPEUSDT trading at $0.00000078 on the weekend chart: TradingView.com While the PEPE token continues to capture the imagination of traders, its price appears to be tightly ensnared within a converging triangular pattern. A separate report suggests that as long as this pattern remains intact, the coin& #8217;s price may persist in moving laterally over the coming days. This predicament leaves traders in a precarious position. For traders with a bearish outlook on PEPE, the recent whale transaction may present an enticing opportunity. Some are considering the possibility of short-selling the coin, anticipating a potential breakdown. If this bearish sentiment takes hold, the report notes that PEPE& #8217;s price could tumble by as much as 10%, potentially retesting the psychological support level at $0.0000007. Insights And Speculation Abound The sudden influx of PEPE coins into the market has raised several questions about its potential impact. The cryptocurrency market, known for its unpredictability, continues to offer intrigue and speculation, with events like Alleged Mattfurie& #8217;s massive PEPE token exchange sparking intense discussions. PEPE seven-day price action. Source: Coingecko Related Reading: XRP Bottom Support Holds Strong: A Healthy Sign For The Crypto’s Price? While some view it as a simple profit-taking move, others see it as a signal of larger market shifts. The meme coin space, in particular, thrives on such dramatic twists, and PEPE enthusiasts remain divided on the implications of this whale& #8217;s actions. In the world of cryptocurrency, where every move is scrutinized and analyzed, the PEPE whale& #8217;s exchange of 726 billion tokens for Ethereum serves as a reminder of the volatility and excitement that come with these digital assets. As PEPE continues to occupy a unique niche in the crypto landscape, observers and traders alike eagerly await the next chapter in this ever-evolving story. (This site& #8217;s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from The Currency Analytics

PEPE, the meme coin that has garnered a cult following in the cryptocurrency world, made headlines once again as an anonymous whale, rumored to go by the

10/09/2023

The price of Ethereum seems to be back under the influence of the current market sentiment despite enjoying a relatively positive week. On Wednesday, September 6, Ark Invest filed for the first Ethereum spot exchange-traded fund (ETF) in the United States. This ETF application had a tame impact on the price of Ether, with the cryptocurrency only climbing to $1,650 the following day. Moreover, the token has almost fully reversed the minor gains from the significant development. Ethereum Price Registers 0.1% Rise Last Week & #8211; Here’s Why Ethereum currently changes hands at about $1,628, according to data from CoinGecko. A negligible 0.1% price increase in the last seven days underscores the struggling market performance of the second-largest cryptocurrency. A spot ETH exchange-traded fund is an investment vehicle that tracks the price of Ethereum on the spot market, allowing investors to buy and sell the crypto asset via a brokerage account. A product of this kind is expected to boost interest and investment in the Ether token. Related Reading: Ethereum Price is Showing Early Signs of Fresh Rally But $1,670 is the Key Nevertheless, the price of ETH has remained relatively unmoved this week despite the optimistic news. A recent report by blockchain analytics firm IntoTheBlock has provided insight into why the news barely impacted the price of Ethereum. & #8216;Supply & Demand Balance& #8217; According to the data analytics platform, the current supply and demand balance is one of the primary reasons why the ETH price continues to move sideways. “Large holdings are concentrated close to ETH’s current price, consolidating prices in a tight range,” IntoTheBlock said. Source: IntoTheBlock IntoTheBlock data shows that a total of 5.1 million ETH was acquired below the $1,600 mark to create support, while a total of 6.5 million ETH was purchased at a price above this level to establish resistance. The blockchain analytics firm concluded that traders agree to transact within a narrow range with a large concentration of ETH positions. & #8216;Automated Buying, Discretionary Selling& #8217; Additionally, IntoTheBlock believes that while bullish traders seemed to have bought the news, “discretionary sellers& #8221; overtook the narrative not too long after. “A key factor behind the discretionary selling is likely to be FTX’s upcoming liquidation of reportedly $3B in crypto holdings,” the report read. While FTX has yet to disclose when it intends to execute these liquidations, it is likely that recent activity on the exchange’s wallets alarmed the market. Related Reading: Polygon Foundation Refutes Claims Of Dumping MATIC On Binance – Here’s What Happened This sentiment also seems to be reflected in the performance of SOL after global payment giant VISA disclosed that it will use the Solana network for payment settlements. While the value of SOL jumped by more than 5% to trade above $20 immediately after the announcement, the cryptocurrency is back trading beneath $19.5. With the Ethereum and Solana tokens constituting a significant portion of FTX’s holdings, it is likely that the slow market performance of these assets is driven by traders being cautious because of the impending liquidation. ETH price continues to move sideways on the daily timeframe & #124; Source: ETHUSDT chart on TradingView Featured image from Unsplash, chart from TradingView

The price of Ethereum seems to be back under the influence of the current market sentiment despite enjoying a relatively positive week.

09/09/2023

As the general crypto market experiences a slight gain in total market cap, Stellar (XLM) stands out with a substantial amount of price increase over the last week. According to data from CoinMarketCap, the XRP competitor is up by 17.61%, outperforming every other top 100 cryptocurrency in the past seven days. Related Reading: Stellar Tough Spot: Will XLM Prices See A Dip Amid Mid-Range Struggles? XLM To Reach $1? With XLM currently hovering around the $0.13 price zone, there are speculations on the next movement. Interestingly, a crypto analyst with the name EGRAG CRYPTO on X (formerly Twitter) predicts that XLM could rise to $1 if certain conditions are met. According to the analyst’s post on September 8, this bullish prediction is formed on a potential crossover between two technical indicators, namely the 200-day Moving Average (MA)and the 21-day Exponential Moving Average (EMA). To explain, the MA indicator reflects the average price data over a specific period of time, e.g., 200 days. It is constantly updated and can be used to identify trade areas and recognize market trends. On the other hand, The EMA performs a similar function but with a focus on more recent price points. Due to its method of calculation, the EMA reacts to price changes faster than the MA. Based on EGRAG CRYPTO’s prediction, if there is an upward crossover of the 21 EMA and 200 MA on XLM’s weekly chart, there is a possibility the token could experience a 500% price surge in the coming months, surpassing the dollar mark to trade at $1.10. This prediction is mainly based on historical price data, as XLM witnessed a similar massive price gain when this crossover occurred between 2020 and 2021. However, it is worth stating that all predictions are speculations without guarantees and should not be relied on as investment advice. Related Reading: Stellar Breaks Free: Unleashes New Open-Source Disbursement Platform Another Partnership For Stellar? In other news, the Stellar community appears to be expecting a massive positive update in the next few days. On September 2, Stellar Development Foundation shared with its crypto community that “Something cool is dropping in 10 days”. This announcement was well received, with the XLM token rising by 10% in the next 24 hours. Interestingly, some enthusiasts predict Stellar could announce a new partnership in the coming week. The blockchain network has already collaborated with companies such as American remittance firm MoneyGram and Circle, the company behind the USDC stablecoin. In fact, Stellar announced a minority investment in MoneyGram earlier in August. For now, it remains unknown what this new development could be. However, there is the possibility it could elicit some effect on XLM’s price trajectory. At the time of writing, XLM is trading at $0.132, having gone up by $0.132 in the last day. In tandem, the token’s daily trading volume has gained by 21.33% and is valued at $119.14 million. XLM trading at $0.1308 on the hourly chart & #124; Source: XLMUSDT chart on Tradingview.com Featured image from Stellar, chart from Tradingview.

Stellar (XLM) stands out with a substantial amount of price increase over the last week according to data from CoinMarketCap.

09/09/2023

Binance Coin (BNB) has experienced a notable setback, retracing from its overhead resistance for the third time in just two months. This downward trajectory has formed a falling wedge pattern, a technical indicator characterized by declining peaks and troughs confined within two converging trend lines. As of the latest data from CoinGecko, BNB is currently trading at $214.94, with a 24-hour decline of 0.9% and a modest seven-day gain of 0.6%. On August 31, the BNB price dipped below the critical $220 local support level, signaling the possibility of further bearish movement. Related Reading: Shiba Inu Tallies 77% Accumulation By Major Investors – Good For SHIB Price? However, amidst the prevailing market uncertainty, BNB& #8217;s price has turned sideways, leaving both buyers and sellers in a state of indecision. BNB weekly price action. Source: Coingecko The falling wedge pattern, often referred to as an ending diagonal pattern, can be seen as a potential signal of exhaustion within a prevailing bearish phase, hinting at a potential trend reversal. If the recent breach below $220 fails to sustain, it could open the door for buyers to challenge the overhead resistance. Binance Coin Potential For Turnaround Price analysis suggests that a successful breakout from this falling wedge pattern would signify a bullish turnaround for BNB. This could potentially propel the coin& #8217;s price to target levels of $234, and if momentum continues to favor buyers, it may even reach heights of $247 or even $263. In a parallel development, PancakeSwap (CAKE) has achieved a significant milestone in the cryptocurrency ecosystem. According to a post by glebk.eth, PancakeSwap& #8217;s monthly revenue has surpassed that of BNB Chain over the last 30 days. . surpassed in terms of monthly revenue Data source: $CAKE $BNB pic.twitter.com/Vp1bHg8o6N — glebk.eth () September 7, 2023 PancakeSwap operates on BNB Chain due to its lower transaction costs, which allow users to swap tokens with significantly reduced fees compared to Ethereum (ETH). Token Terminal data reveals that, as of September 6, PancakeSwap generated fees totaling $96,237, indicating a substantial increase in user transactions compared to the previous day. In contrast, BNB Chain& #8217;s 30-day revenue stood at $931,700 on September 7. PancakeSwap& #8217;s revenue during the same period, however, exceeded expectations, reaching $970,800. BNB market cap currently at $33 billion on the weekend chart: TradingView.com Implications For The Crypto Market These developments in the crypto market highlight the ongoing battle between various blockchain platforms and decentralized exchanges. BNB& #8217;s struggle with overhead resistance underscores the challenges faced by cryptocurrencies in maintaining upward momentum amid market volatility. Related Reading: XLM Surges With 10% Rally – Can The Recovery Hold Its Ground? As the crypto landscape continues to evolve, investors and enthusiasts will closely monitor these trends to assess the potential impact on the broader market and the long-term viability of different blockchain ecosystems. (This site& #8217;s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from Fortune

Binance Coin (BNB) has experienced a notable setback, retracing from its overhead resistance for the third time in just two months. This downward

Crypto Newz Daily

11/09/2023

11/09/2023

11/09/2023

10/09/2023

10/09/2023

10/09/2023

10/09/2023

09/09/2023

09/09/2023

Address

Website

Alerts

Shortcuts

Share