Crypto News
BNB Swings 4% in 24 Hours, Testing $800 Resistance
BNB has been seeing turbulence over the last 24-hour period, enduring a 4% swing over the period between the $793 to $827 range, before settling just above the $800 level.The token initially moved to a peak of $827 as the rally started, with more than 146,000 tokens traded in a single hour before sellers stepped in to reserve these gains.Trading remained choppy since, with short-lived recoveries failing to break resistance levels near $800 decisively. Despite the volatility, BNB treasury purchases haven’t wavered, with CEA Industries becoming the largest corporate holder of the cryptocurrency after a $160 million purchase.The move pushed BNB’s market capitalization to nearly $112 billion, cementing its position as the fifth-largest cryptocurrency by market capitalization.While the price swings...
ETH BREAKS THROUGH $4K, BTC NEARS ATH, PUNKS NOW $240K
Bitcoin nears ATH, ETH hits highs since 2021. ETH leads majors, 71% odds it hits $5k in 2025. BlackRock has no plans for XRP or SOL ETF. Harvard bought $117m BTC ETF. Bo Hines to step down and move to private sector. WLFI plans $1.5b fundraising for crypto vehicle. China asks brokers to stop promoting stablecoins. Coinbase intros DEX trading on app. Rumble to acquire Northern Data with Tether backing. LayerZero proposes $110m Stargate buyout. CrediX team vanishes after $4.5m exploit. Top miner CleanSpark faces $185m tariffs. MiCAR-compliant crypto fundraising live in Europe. USDe hits $10bn TVL, ENA leads alts. HYPE nears ATH again, continues to dominates fees. CEA Industries buys $160m BNB.Source link
Bitpanda Margin Trading: A Smarter Way to Trade Crypto With 10x Leverage
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Vitalik Buterin Is a Billionaire Again as ETH Flips Palantir
Ethereum co-founder Vitalik Buterin is a billionaire, following ETH's 20% weekly rise which saw it pass several traditional companies.Source link
Coinbase Is Becoming a Major Ethereum-Focused Player, Bernstein Says
As Ethereum continues to power an expanding ecosystem, crypto exchange Coinbase (COIN) stands out as one of the leading public companies aligned with the blockchain, Wall Street broker Bernstein said in a research report Monday.The network's native token ether (ETH) has rallied 80% since June 5, the report noted, catalyzed by Circle’s (CRCL) listing and the market’s realization that most stablecoins are minted on the Ethereum network.Coinbase operates one of the largest Layer 2 chains on Ethereum, Base, which processes more than 9 million transactions daily, encompassing stablecoins, trading, financial applications, and consumer-facing services, analysts led by Gautam Chhugani wrote.While Base has no native token, transaction gas fees are settled in ether, positioning Coinbase to earn sequencer fees in ETH....