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Search Results for: Cryptocurrency

Binance (BNB) Price Hovers Around $540, Exhibiting Weak Price Action

Binance Coin finds itself at a critical juncture as the cryptocurrency market grapples with ongoing turbulence. Despite the broader market uncertainty, BNB has demonstrated resilience, maintaining its position near the pivotal $543 level. This stability, however, comes with a caveat of weak price action, leaving investors and analysts pondering the

August 13, 2024 2 mins read

Ripple Price Recovers Recent Losses but XRP Struggles to Rally Further

XRP finds itself at a critical juncture as it grapples with conflicting market forces and shifting investor sentiment. While the digital asset has managed to recoup recent losses incurred during the broader cryptocurrency market downturn, its struggle to build sustained upward momentum has raised concerns among market participants. This tenuous

August 13, 2024 2 mins read

Binance Reopens in India After Fulfilling $2.25M Penalty and Registration

All users in India may now access the URL on the Binance website, since it has been completely restored. Several severe measures were implemented once the exchange encountered regulatory problems in India. But the exchange is now starting to make waves in India’s market, thanks to a slew of fine

August 13, 2024 2 mins read

Toncoin (TON) Outpaces BTC, XRP, and DOGE—What’s Next for This Rising Star

Toncoin, the native coin of The Open Network (TON) and the Telegram ecosystem, is performing better than several of its counterparts. The coin has outshone Bitcoin (BTC), Ripple-associated XRP and Dogecoin (DOGE). Amidst this development, Pawfury (PAW) is emerging as a presale project that’s capturing the attention of savvy investors.

August 13, 2024 3 mins read

US Court Partly Revives Lawsuit Against Binance US Over HEX Token

A class-action lawsuit against Binance US, has been revived by an appeals court in the US. The lawsuit, which had been partly reinstated after being dismissed earlier, claims that the price of the HEX token was manipulated. A class action lawsuit against Binance US was largely reversed by the United

August 13, 2024 2 mins read

Can Solana (SOL) Turn the Tide and Break Out This Week?

Solana (SOL), the fifth-largest cryptocurrency by market cap, has extended its recent downward trend, failing to break out of the $150 zone. As bears are overpowering the feud, SOL dropped down to a brief bearish zone at $146.  Notably, in the last 24 hours, after a 2.30% drop, SOL managed

August 13, 2024 2 mins read

Japanese Firm Metaplanet Continues Buying Spree With ¥500M Worth of BTC

Metaplanet, a prominent player in the cryptocurrency space, has made headlines once again. On the official X page, @Metaplanet Inc. has shared the details of new Bitcoin purchases. The Japanese Public Company has acquired an additional ¥500 million worth of Bitcoins. This is after it announced its intention to acquire

August 13, 2024 2 mins read

Kelp DAO Unveils Gain Vaults: Simplifying L2 Airdrop Access and Rewards

The ‘Kelp Gain Vaults‘ Program is being launched by the liquid restaking platform, Kelp DAO. As the first initiative to provide access to several Layer 2 airdrops in a single, diversified approach, the program increases the earning potential of airdrops and benefits for restakers and users. With just one click, users of

August 13, 2024 2 mins read

Ethereum Price Struggles to Surpass $2.6K Amid Whale Selloffs

Leading altcoin Ethereum has witnessed several whale movements in the past 24 hours. While the token’s price has consolidated at the $2.6K level, particular community members were observed selling ETH tokens. Meanwhile, the overall cryptocurrency market has shown positive momentum with Bitcoin and other altcoins showing modest price increases.  Notably,

August 13, 2024 2 mins read

Ethereum ETPs Dominate as Institutional Investors Make a Comeback

After the market crash on August 5, institutional investors poured capital back into cryptocurrency funds, and Ethereum exchange-traded products were their first pick. For the week ending August 11, crypto asset investment products saw inflows totaling $176 million, according to the Digital Asset Funds Weekly Report issued on August 12

August 13, 2024 1 min read
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