BNB is trading at $607.36, showing a 0.73% gain and maintaining support above its 50-day moving average of $603.61. The next key resistance is the 200-day moving average at $618.83, which traders are watching closely for a potential bullish breakout. Trading volume has cooled since early August, indicating the recent price rise lacks strong buying momentum, but open interest in BNB derivatives is nearing $1 billion, suggesting high trader positioning that could lead to sharp price moves. Additionally, Binance Wallet launched an AI-powered bStock trading challenge with rewards up to 100,000 USDC, potentially increasing ecosystem engagement.
XRP traded just below $1, slipping 0.4% on Aug 18, despite a 280% surge in large whale transactions and rising derivatives activity on Binance. The price remains under pressure, failing to sustain a rebound above the key $1 level, which now acts as r...
Bitcoin climbed back above $64,000 after a dip below $63,000, yet the broader crypto market remains mixed with XRP and BNB falling and Bitcoin dominance rising to 58.8%. Spot Bitcoin ETFs experienced significant outflows last week, signaling reduced ...
Bitcoin climbed to around $64,262, up 1.2% in 24 hours, staying within its $60,000-$66,000 range amid mixed market moves. Venice Token led top 100 gainers with a 12.5% rise, while some altcoins like Worldcoin and Filecoin fell sharply. Bitcoin's mome...
Bitcoin climbed above $64,000, marking the only major cryptocurrency with a notable daily gain while others slipped or stayed flat. Publicly listed bitcoin miners have reduced their computing power by 21% over three quarters to shift capacity towards...
Binance Coin (BNB) saw a significant 75% increase in daily trading volume, driven by whale activity withdrawing over 20,000 BNB worth $12.1 million. Despite this surge, BNB's price momentum slowed near the $617 resistance, with technical indicators s...
