Monthly Archives: May 2024

BlockDAG Raises $26.9M: Emerging Competitor to Dogecoin and Binance Coin with Innovative Features and Enhanced Dashboard

Dogecoin’s Momentum: Riding the Wave of Whale Activity Originally conceived as a meme, Dogecoin has evolved into a significant player in the crypto sphere. Recent on-chain activity reveals a notable surge driven by whale activity. Large holders’ netflow for DOGE surged to 386 million, indicating significant accumulation by major stakeholders. This surge suggests a bullish[Read more…]

Sharp Recovery: Binance Coin Bounces Back from Support Levels

The Recent Rally and Binance Coin’s Recovery The recent rally in the market caused Binance Coin (BNB) to sharply recover from the support line of its symmetrical triangle pattern. This model forms when a token’s price reaches various highs and lows. It indicates that the token’s price is squeezed between buyers pushing prices up to[Read more…]

BNB Rally Faces Major Hurdles After 200% Surge

BNB Faces Major Resistance After 200% Surge BNB, the native cryptocurrency of the BSC network, has been a standout performer in the altcoin scene since the bull market began. The price has skyrocketed from around $200 to over $600 in the past year, achieving gains of over 200%. However, it appears that this impressive run[Read more…]

BlockDAG Launches New Dashboard, Raises $26.9M in Presale, Surpasses BNB Chain and XRP in Value

BNB Chain Introduces New Airdrop Alliance Phase BNB Chain has launched the second chapter of its Airdrop Alliance, offering unique rewards and quests. This new phase presents fresh opportunities from BNB Chain’s prominent partners. As part of “BNB Chain Fusion,” the network aims to migrate the functionalities of the BNB Beacon Chain to the BNB[Read more…]

Binance Innovates ‘Countermeasure’ to Combat Poisoning Scams Following $68M Breach

Binance Develops Solution Against Address Poisoning Scams Binance’s security experts have developed an “antidote” to combat the increasing instances of address poisoning scams, which deceive investors into sending funds to fraudulent addresses. The security team at the world’s largest cryptocurrency exchange created an algorithm capable of detecting millions of poisoned crypto addresses. According to a[Read more…]

Top Picks for June: Binance Coin (BNB), Rollblock (RBLK), and Cosmos (ATOM)

Binance Coin (BNB) Binance Coin (BNB) has recently seen a major price uptrend following the ecosystem incentives seen across the BNB Chain, which can result in higher demand for the crypto. While both of these have displayed bullish performance, all eyes are also on Rollblock (RBLK), as its presale has already sold over 23.2 million[Read more…]

$26M Presale Frenzy: BNB Investors Rush to BlockDAG After London Piccadilly Circus Show Amid Bitcoin Cash Price Surge

BlockDAG Captures Attention at Piccadilly Circus with $26M Presale Success BlockDAG’s vibrant exhibition at Piccadilly Circus in London has captured the attention of many, marking a significant achievement with its presale hitting $25.6 million. Following notable events in Tokyo at Shibuya Crossing and Las Vegas, the recent London showcase highlights the coin’s growing appeal and[Read more…]

BNB Price Surges 3% Following Binance’s Recent Spot Trading Update

Binance Coin (BNB) Price Surge Binance Coin (BNB) experienced a 3% price surge following Binance’s announcement of tick size adjustments aimed at enhancing market liquidity and trading experience. The adjustments are scheduled for May 23, 2024, and will refine the precision of price changes without impacting ongoing spot trading activities. BNB’s current live price is[Read more…]

Navigating Market Uncertainty: Can Bitbot Provide a Path to Improved Recovery Amid Bearish Pressures on BNB Price?

BNB Struggles Below $600: Facing Bearish Pressure and Uncertainties BNB is encountering significant challenges as it remains below the $600 mark, grappling with bearish pressures and uncertainties, particularly following the Alex Protocol Bridge incident. BNB’s attempts to breach resistance levels at $575 and $585 have been unsuccessful, leaving the token in a precarious position. The[Read more…]

Signs Point to a Potential Short Squeeze for BNB and TON

BNB and TON Signal Upward Movement Recent market indicators point to a potential short squeeze for certain altcoins, especially BNB Chain (BNB) and Toncoin (TON). A short squeeze occurs when the price of a heavily shorted asset rises sharply, forcing short sellers to close their positions, further driving up the price. Therefore, potential short squeeze[Read more…]