Dogecoin’s (DOGE) massive rally to $0.45 propelled it to a market capitalization of over $54 billion to make it the fifth most valuable cryptocurrency by market cap. This lofty market cap comes as a surprise to many since the project has no active developers and is only a meme coin, thus the current rally brings back memories of the excesses seen during the ICO boom in … [Read more...] about BTC, ETH, BNB, XRP, DOGE, ADA, DOT, LTC, UNI, LINK
BNB
Crypto exchange Binance burns nearly $600 million worth of BNB
Crypto exchange Binance ‘burned’ over $594 million worth of its own BNB token today, in a move that marked the largest ever burn that the exchange did.But it wasn’t a case of Binance trying to pump its own coin (by decreasing supply) or setting money on fire. The ‘burn’ mechanism is an integral part of how BNB works, one that has contributed to the coin becoming the … [Read more...] about Crypto exchange Binance burns nearly $600 million worth of BNB
BTC, ETH, BNB, XRP, ADA, DOT, UNI, LTC, DOGE, LINK
Coinbase (COIN) listing on Nasdaq could eventually boost cryptocurrency adoption and attract droves of institutional investors. However, that is unlikely to happen immediately. In the first few days after the listing, volatility could be high as Wall Street tries to value Coinbase. This could also increase the volatility in cryptocurrencies. Sharp movements in the price of … [Read more...] about BTC, ETH, BNB, XRP, ADA, DOT, UNI, LTC, DOGE, LINK
Price analysis 4/12: BTC, ETH, BNB, XRP, ADA, DOT, UNI, LTC, LINK, XLM
Altcoins continue to press higher while Bitcoin bulls work on holding the $60,000 level as support. Source link … [Read more...] about Price analysis 4/12: BTC, ETH, BNB, XRP, ADA, DOT, UNI, LTC, LINK, XLM
BTC, ETH, BNB, XRP, ADA, DOT, UNI, LTC, LINK, THETA
According to CoinShares, the institutional inflow into crypto products hit $4.5 billion in Q1, which is 11% higher than the intake seen in Q4 2020. This shows that institutional interest is on the rise but the quarter-on-quarter growth has slowed down from the 240% recorded in Q4 2020. As Bitcoin price moves higher, more funds are needed to sustain the levels. Therefore, if … [Read more...] about BTC, ETH, BNB, XRP, ADA, DOT, UNI, LTC, LINK, THETA