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Bitcoin and Ether look poised to hit new highs soon. Which altcoins could follow? Key points: Bitcoin bulls are chasing after BTC’s $123,218 all-time high as buying pressure surges. Ether has played catch-up to Bitcoin and is close to making a new all-time high. Read more If you liked the article, do not forget to…
Bitcoin is trying to start a recovery from $112,000, but bears may pose a substantial challenge at $117,000 and then at $120,000. Key points: Bitcoin is trying to take support near $112,000, but higher levels are likely to attract selling by the bears. The deep pullback in several altcoins suggests the next leg of the…
Binance founder Changpeng Zhao’s investment firm is backing the creation of a company that will buy and hold BNB with plans to go public in the US. Binance co-founder Changpeng Zhao’s family office, YZi Labs, is set to back a new treasury firm that will offer investors exposure to BNB with aims of going public…
Binance Pay and Lyzi team up to bring crypto payments to over 80 businesses across the French Riviera, spanning Cannes, Nice, Antibes and Monaco. Binance Pay has partnered with French fintech Lyzi to enable over 80 businesses across the French Riviera to embrace cryptocurrency payments, according to a Wednesday press release. The rollout, spanning cities…
BNB Smart Chain’s Maxwell hard fork has three main proposals geared toward boosting scalability, validator sync and overall network efficiency. BNB Smart Chain’s Maxwell upgrade appears to have gone live, with average block times falling to 0.8 seconds, down from 1.5 on Monday. The Maxwell hard fork was set to cut block times in half,…
Chinese blockchain firm Nano Labs announced a $500 million convertible notes deal to fund a major BNB acquisition, aiming to hold up to 10% of its circulating supply. Chinese blockchain infrastructure firm Nano Labs has announced a convertible notes purchase agreement for $500 million to fund its BNB token treasury. In a Tuesday announcement, the…
Bitcoin price pushed through a critical overhead resistance level, possibly opening the door to new all-time highs. Key points: Bitcoin opened the week with strength as bulls target new highs in BTC and altcoins. Many major altcoins are stuck in a range, but HYPE is showing signs of strength. Read more If you liked the…
Bitcoin is witnessing a tough battle between the bulls and the bears at $105,000, but several altcoins are showing strength with potential breakout setups. Key points: Bitcoin remains at risk of falling to $100,000, but the long-term picture remains intact. Focus shifts to select altcoins, which are on track to rise above their respective overhead…
Bitcoin is witnessing a tough battle near the $105,000 level, but the downside looks limited. Key points: Bitcoin risks a deeper correction to $100,000, but a positive sign is that Strategy and Mataplanet continue to accumulate. Ether and select altcoins are trying to bounce off their strong support levels, signaling buying on dips. Read more…
Bitcoin’s drop below $104,000 puts the asset into a consolidation phase where even lower lows could be tested. Key points: Bitcoin’s bullish momentum has weakened, raising the chance of a correction to $100,000. Altcoins are likely to follow Bitcoin price and consolidate near their most immediate support levels. Read more If you liked the article,…