CRYPTOCURRENCY Archives - Page 348 of 350

April 21, 2021

Binance Smart Chain Records Daily Transaction Boom, as Binance Coin Resumes Bull Run

Binance Smart Chain (BSC) and associated decentralized exchanges (DEX) have recorded, possibly, the most growth in the decentralized finance (DeFi) industry this year. With the price of gas fees soaring across blockchain platforms, most newcomers and small-scale investors have been trooping into th...

#Binance Coin #BNB #BSC #CRYPTOCURRENCY #NEWS

April 20, 2021

Federal Reserve Bank President: Bitcoin is a Store of Value

President of the Federal Reserve Bank of Dallas Robert Kaplan made some positive comments about Bitcoin (BTC) and central bank digital currencies (CBDCs) at the Texas A&M Bitcoin Conference 2021 hosted by Mays Business School on Friday. Firstly, Kaplan distinguished between what he understood a...

#BITCOIN #BTC #CBDC #CRYPTOCURRENCY #NEWS

April 19, 2021

Binance Records Largest Dollar Value Quarterly BNB Burn; $600 million

Last week, Binance released a blog post that it had burned about 1.1 million Binance Coin (BNB) tokens, valued at roughly $600 million, in its most recent quarterly burning event. The event brought the total supply of existing BNB to 169 million from 170 million. Coin burning is a process Binance e...

#Binance Coin #BNB #CRYPTOCURRENCY #NEWS

April 18, 2021

Bitcoin Sheds $10k, as Cryptocurrency Market Bleeds

The cryptocurrency industry has come under severe selling pressure, as the cryptocurrency market cap plunged by over $200 billion (10.4%) to $2.03 trillion in a few hours. Reports show that a selloff in Bitcoin (BTC) was responsible for the broader market plunge. The benchmark cryptocurrency fell b...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS

April 16, 2021

Dogecoin Sees 24-Hour 100% Spike, as Retail Traders and Celebrities Pile On

In an overnight bull run, Dogecoin (DOGE) has recorded a 104% increase over the past 24 hours and has posted a fresh record high at $0.3. The recent value increase has bumped the meme-cryptocurrency to the number eight position (based on crypto market cap), making it more valuable than business gia...

#CRYPTOCURRENCY #DOGE #DOGECOIN #NEWS

April 15, 2021

Bitcoin Sheds 5 Percent Following Coinbase IPO

Crypto investors got a shocker from Wednesday’s market price action, following the listing of Coinbase (NASDAQ: COIN) on the Nasdaq. Bitcoin (BTC) suffered a 5% intraday decline, likely because capital moved out of Bitcoin and into COIN or the classic sell the news event played out. BTC bulls...

#BITCOIN #BTC #COINBASE #CRYPTOCURRENCY #NEWS

April 14, 2021

Ethereum Clears New Record High Ahead of Berlin Upgrade

The second-largest cryptocurrency, Ethereum (ETH), has hit a new all-time high today at $2,402, with its market cap exceeding $270 billion. This jump has placed the cryptocurrency above some of the world’s largest companies, including Intel Corporation. Meanwhile, the ETH rally comes just a couple ...

#CRYPTOCURRENCY #ETH #Ethereum #NEWS

April 13, 2021

On-Chain Analysis Shows Massive Bullish Prospects for Bitcoin, as Demand Spikes

As Bitcoin (BTC) breaks a new all-time high, on-chain data suggests there’s a healthy prospect for more bullish moves for the benchmark cryptocurrency. The bullish sentiment gets backing from some fundamental factors, including that institutional investors are still stacking up on BTC long-ti...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS

April 12, 2021

Binance Coin Surges, Ahead of Its 15th Token-Burning Event

It has been an unprecedented week for Binance Coin (BNB), as BNB investors win big. At press time, the third-largest cryptocurrency is trading up by 10% on the day and has broken a new record at $586. Binance Coin has gained more than 70% over the past seven days. Today’s rally brings the cryptocur...

#Binance Coin #BNB #CRYPTOCURRENCY #NEWS