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Vignesh k

Seasoned Crypto Content Writer, Editor and Journalist who entered the cryptocurrency industry out of sheer passion and love for writing.

Posts by Vignesh k

BNB Crosses $500, All-Time High in March?

BNB Rises 5% in 24 Hours: Can Binance Coin Hit $600?

Binance Coin (BNB) finds itself at a critical juncture as it approaches the coveted $600 price mark, a level unseen for several months. The cryptocurrency’s recent surge in demand has ignited optimism among holders, suggesting that this milestone could be within reach sooner than anticipated. However, a curious divergence has

September 19, 2024 2 mins read
Binance (BNB) Price Hovers Around $540, Exhibiting Weak Price Action

BNB Repeatedly Fails to Flip $575-$619 Resistance Into Support: What’s Next?

Binance Coin (BNB) finds itself at a critical juncture as it grapples with a formidable resistance block between $575 and $619. This price range has consistently thwarted BNB’s attempts to establish a firm foothold above it, with only one successful breach to date. The persistent nature of this resistance zone

September 18, 2024 2 mins read
Cardano Price Sees Brief Rebound Amid Ongoing Bearish Pressure

Cardano’s Large Transaction Volume Drops, Signaling Reduced Whale Activity

Cardano (ADA) finds itself at a critical juncture as recent on-chain data suggests a shift in market dynamics, potentially dampening its short-term outlook. Just two days ago, the cryptocurrency appeared poised for a rally towards $0.40, but this bullish scenario has dimmed following a noticeable retreat by crypto whales. The

September 18, 2024 2 mins read
Chainlink (LINK) Price Surges: Eyeing $20 Target Amid Bullish Revival

Chainlink and Fireblocks Forge Alliance to Revolutionize Stablecoin Issuance

Chainlink Labs and Fireblocks have announced a partnership aimed at transforming the landscape of stablecoin issuance and management for financial institutions. This strategic alliance promises to deliver a comprehensive, secure, and compliant technology solution that will empower banks and other traditional financial entities to seamlessly enter the world of digital

September 17, 2024 1 min read
: Cardano Price Surge to Two-Month High Amid Mixed Sentiment

Cardano Leios Upgrade: Analyzing Market Reaction and Price Dynamics

Cardano founder Charles Hoskinson has stirred the cryptocurrency community with a bold assertion regarding the network’s forthcoming Leios upgrade. Hoskinson contends that this enhancement will catapult Cardano’s transaction speed beyond that of its rival, Solana. However, despite the founder’s optimistic outlook, ADA’s market performance has remained subdued, with the token

September 17, 2024 2 mins read
Binance (BNB) Price Hovers Around $540, Exhibiting Weak Price Action

BNB Price Consolidates, But This Indicator Shows Bullish Divergence

Binance Coin (BNB) finds itself in a state of market indecision, with recent price action characterized by sideways movement as neither bulls nor bears muster sufficient momentum to dictate a clear directional trend. Despite this apparent stagnation, emerging technical indicators suggest the formation of a bullish divergence, prompting a segment

September 16, 2024 2 mins read
Ripple's XRP Jumps 10% After Grayscale Unveils XRP Trust Fund

Ripple (XRP) Rallies Since September 6, Approaching $0.60 Resistance

XRP has experienced a notable price surge since September 6, propelling the altcoin towards a formidable resistance level at $0.60. However, as demand for the digital asset begins to wane, there are indications that XRP may struggle to breach this crucial threshold, potentially repeating historical patterns of resistance. On-chain metrics

September 16, 2024 2 mins read
Solana Whale Unstakes 106,213 SOL: Major Dump Incoming?

Solana Whale Unstakes 106,213 SOL: Major Dump Incoming?

A prominent Solana whale unstaked a substantial amount of SOL tokens and transferred them to Binance. This move, likely motivated by profit-taking intentions, comes amidst intensifying volatility in the Solana market and growing bearish sentiment surrounding the altcoin. On-chain analyst Lookonchain reported early Friday that a Solana whale had unstaked

September 13, 2024 2 mins read
Ripple (XRP) Surges, Creating a Bullish Engulfing Candle With 5% Gain

Ripple (XRP) Surges, Creating a Bullish Engulfing Candle With 5% Gain

Ripple’s XRP has experienced a notable resurgence, with a sudden surge in price creating a bullish engulfing candle and improving market sentiment overnight. This positive momentum comes on the heels of a major announcement from Grayscale, potentially setting the stage for a breakout rally. XRP’s daily chart reveals a recovery

September 13, 2024 1 min read
Binance (BNB) Price Hovers Around $540, Exhibiting Weak Price Action

Binance Coin (BNB) Breaks Above 20-Day EMA Resistance: but Faces Weakening Buying Pressure

Binance Coin (BNB) finds itself at a critical juncture following a recent breakthrough above a significant resistance level formed by its 20-day exponential moving average (EMA). Despite this apparent bullish move, underlying indicators suggest that the cryptocurrency may struggle to maintain its upward momentum, potentially leading to a retracement of

September 12, 2024 2 mins read