Author Archives: Newsbtc

Flashbots Wants To Raise $50 Million, But Investors Must Pitch

Flashbots is seeking to raise $50 million with a $1 billion pre-money valuation, according to The Block, citing sources aware of the deal. Pitch To Flashbots For A Chance to Invest As they look to crowdfund, it has been revealed that Flashbots is doing a “reverse pitching” where interested investors have to pitch, not the other way[Read more…]

GMX Generates More Fees than BNB Smart Chain and Bitcoin

GMX, the perpetual trading decentralized exchange (DEX) allowing up to 50X leverage, now generates more trading fees than the BNB Smart Chain (BSC) and Bitcoin. GMX Is The Third Most Active Platform According to statistics, GMX’s 1-day fee on January 19 was around $589,000, while BSC and Bitcoin on-chain fees, over the same period, stood at $524,232[Read more…]

XRP Bulls Aim For $1 As Crypto Advances With 12% Weekly Pump

XRP is currently at $0.3899 which is the result of recent positive external developments. According to CoinGecko, the native token of Ripple moved upwards by 12% in the weekly and the bi-weekly time frame.  Positive news brewed up in the US Securities and Exchanges Commission (SEC) vs. Ripple lawsuit that started back in December 2020. Just last month,[Read more…]

Binance Coin (BNB) Forms Bearish Pattern, But Fundamentals Look Strong

In the wake of FTX’s collapse, many eyes focused on the now undisputed largest cryptocurrency exchange in the world, Binance. Due to an opaque proof of reserves, the withdrawal of accounting firm Mazars, and a bank run on the exchange, the Binance Coin (BNB) suffered a temporary loss of trust and excessive price losses. Slowly and[Read more…]

FTX’s FTT Token Spikes 43%, A Revival In The Works?

Amid a bull run, mini or not, literally, anything can pump in the crypto market, even a token such as FTX’s FTT Token. After the tragic fall of the exchange, everything about the exchange crashed, including its reputation. However, after a while, it seems as though a piece of the exchange is trying to stage a[Read more…]

BNB Price Gearing For Another Lift-Off to $300: Rally Isn’t Over Yet

BNB price (Binance coin) found support near $240 against the US Dollar. BNB rallied above $260 and might aim more upsides towards the $300 level. Binance Coin Price Climbs Higher This past week, BNB price formed a support base above the $240 level. There was a strong recovery wave started above the $250 resistance zone.[Read more…]

Binance Acquisition Moves See BNB Riding A Wave of Enthusiasm

Crypto exchange Binance and its CEO Changpeng Zhao are making headlines once again as news of the company’s acquisition moves hit the industry. According to recent news, Binance acquired a 41% stake on Korean crypto exchange Gopax. The deal was originally scheduled to be revealed last year, and it involved Binance buying the stock holding from[Read more…]

BTC, ETH, DOGE, and ADA Are Undervalued, Report Indicates

Despite the increase in market capitalization, which shows investors might be returning, big large caps are still deemed undervalued. In a tweet posted today by blockchain intelligence firm Santiment citing the MVRV Z-score, Binance coin (BNB) is the only overvalued crypto amongst tokens with a large market cap. Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Cardano (ADA), Dogecoin (DOGE), Polygon (MATIC),[Read more…]

Binance Coin Buying Volume Up – Will This Push BNB Up To $275 Level?

Binance Coin (BNB) had an opportunity for a price rally last week after its parent company finally completed the scheduled token burn for the third quarter of the year. BNB price slightly corrected after going up by almost 4% following the latest burning of Binance tokens Binance established $260 as its support level The altcoin[Read more…]

3 Bullish Chart Patterns That Will Help You Become A Better Trader

Trading crypto in the bear market is one of the most difficult times for most traders, including advanced traders, but as the saying goes, the bear market produces the best traders, and millionaires are born. Trading without the proper skills and implementing your strategy (Bullish chart patterns) is akin to exposing yourself to risk, which[Read more…]