The $Ghibli token on Binance Smart Chain has seen a jaw-dropping 400% increase in the past hour. Its trading volume has exploded to an enormous $12 million, and its market cap is nearly $8 million. The crypto community and traders have clearly taken notice, as this price action has seen $Ghibli become a trending topic of conversation. Of course, this also raises the important questions: why is this happening, and what does it mean going forward? The answer to this dramatic rise is seemingly tied to a viral moment on social media involving the Binance platform and the swelling interest
The post $Ghibli Token on BNB Chain Soars 400% in One Hour: What’s Behind the Surge? appeared first on The Merkle News.
]]>This month started ugly for BNB as it washed away previous monthly gains. Surprisingly, it regained momentum as the crypto market calms and is now up 7% following a consistent surge from the recent low. Reestablishing support at the important $500 level during the last leg down, BNB bounced back and started to show strength daily. Increasing steadily since then, it closed last week’s trading briefly above $600 due to a mini pullback but is now looking highly bullish at $636. On the daily chart, the bulls appeared back, but how far they can sustain this momentum is yet to
The post BINANCE COIN PRICE ANALYSIS & PREDICTION (March 20) – BNB Recovers Above $600 With a Double-Bottom, Potential Buy? appeared first on The Merkle News.
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Four stablecoins have reduced their supplies this month, while the stablecoin token TrueUSD (TUSD) has seen its supply jump 110% higher over the last 30 days. TUSD resides natively on four different blockchains. The number of Ethereum-based TUSD rose 27%, while the number of Tron-based TUSD stablecoins increased by 218%. TUSD Supply Swells, Tron-Issued Stablecoins […]
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Steady ecosystem growth, institutional investment and a healthy derivatives market are strong signals that SOL will continue to be a top contender in 2022.
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During the last few months, cross-chain bridge technology has grown a great deal and users can now swap assets between a myriad of networks. Today, between eight different bridges there’s $7.6 billion total-value locked across these platforms. Cross-Chain Bridges There’s a decent quantity of cross-chain blockchain bridges these days and it has allowed users to […]
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For quite some time now cryptocurrency traders have been leveraging bitcoin-based assets tethered to alternative blockchains. Mid-May statistics show there’s more than 299,000 bitcoin, worth over $12.8 billion today, tied to wrapped or synthetic bitcoin projects hosted on Ethereum or the Binance Smart Chain. Layer 2 and Sidechain Competitors Command $251 Million in Bitcoin Value […]
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To date, Binance Coin has rallied 900%, which makes the token’s $64 billion market cap larger than Santander, the Bank of Montreal and UBS.
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The U.S. Securities and Exchange Commission (SEC) intends to award a fixed-price contract on a single source basis to Ciphertrace. The SEC is awarding the contract to the blockchain monitoring company as it plans focus on BNB coin, as well as other tokens on the Binance’s DEX. The BNB token has multiple forms of utility […]
The post US Regulator Zeroes in on Binance Chain as SEC Awards Monitoring Contract to Ciphertrace appeared first on Bitcoin News.
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Blockfyre’s co-founder believes a bull market will return, seeing Bitcoin price rise 1,400% to hit $150,000, and Ether and other solid altcoins making even more impressive gains.
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Binance has invested in Numbers, a blockchain-enabled data monetization startup
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