The Funding Rate, a key indicator of sentiment in the derivatives market, has recently experienced a notable spike for Binance Coin (BNB), suggesting a potential shift in market dynamics. As a reflection of traders’ positions, the Funding Rate for BNB jumped to 0.013% on July 3, raising questions about the
In a pivotal legal showdown, the largest cryptocurrency exchange Binance faced a mixed outcome in a recent court ruling against the U.S. Securities and Exchange Commission (SEC). Judge Amy Berman Jackson decided to proceed with several claims from the SEC, including allegations related to Binance’s staking program. And initial coin
Binance Coin (BNB), the native token of the world’s largest crypto exchange, soared to a record high of $720 on June 6th. However, within a week, its value tumbled to $616, leading to a 7.13% decline over the past 24 hours. Moreover, BNB’s market capitalization surged to over $109 billion
In contrast to the broader market trend, Binance Coin (BNB) has showcased a notable bullish jump, gaining approximately 7% over the past day. Moreover, the token has added an impressive 11.3% over the past seven days, signaling a growing interest among investors in the Binance ecosystem. Binance Coin Price on
Over the weekend, Bitcoin stayed relatively quiet without much movement, but Monday saw a surge as it surpassed $69,000 for the first time this month. Altcoins followed suit, experiencing minor gains alongside BTC. Ethereum rose by 1% to reclaim the $3,800 level. Among the larger-cap altcoins, Binance Coin (BNB) stood
The MetaDragon, a decentralized NFT game platform, has been a victim of a hack resulting in the theft of 321.5 $BNB worth $192K. According to Peckshield, a blockchain security firm, the stolen assets have been transferred to TornadoCash, a privacy-focused mixer. #PeckShieldAlert @MetaDragonDao exploiter -labeled address has already sent 321.5
The global cryptocurrency market surged to unprecedented heights, led by Bitcoin’s significant rally to surpass the $72,200 mark. Riding on this wave of resurgence, altcoins also experienced a remarkable uptrend, notably Binance’s BNB token, which displayed a strong recovery with a succession of bullish candles in its daily chart. This
Solana (SOL) has made significant strides in the cryptocurrency market, surging over 7% in the past 24 hours. With a market cap of $61.24 billion, Solana has overtaken XRP to secure the 5th position on CoinMarketCap, showcasing its growing influence in the digital currency market. Solana is signaling a continued
Despite significant selling pressure over the global crypto market, Binance’s native token BNB has emerged as a standout performer, exhibiting a notable 7.50% surge over the last 24 hours accompanied by a 90% increase in trading volumes to exceed $2.62 billion. At the time of writing, Binance Coin (BNB) is
In a non-stop rally, Solana (SOL) has displayed a significant 17% surge in the last 24 hours, edging closer to the $100 mark. The cryptocurrency’s market value has soared to an impressive $42.3 billion, overtaking Binance Coin (BNB) at $41.1 billion and securing its position as the fourth-largest cryptocurrency by
