A correction may have begun on the market, according to CoinStats.
Binance Coin (BNB) has experienced significant upward momentum throughout November, gaining 22% and riding the broader cryptocurrency rally. However, this week saw a slight pullback as BNB dropped 7%, touching the crucial $606 support level.
BNB price recoiled to $622 on Friday, November 15 as the recent bull run faded. It has dropped by over 6% from its highest level this week, bringing its market cap to $89 billion.
BNB maintains stability above $620 support level while forming a bullish trend line, with multiple technical indicators suggesting potential upward movement pending a break above key resistance levels.
BNB's bullish breakout may spark optimism as analysts have a key target in mind.
BNB price struggled to clear the $665 resistance zone. The price is consolidating and might aim for a fresh increase above the $635 level.
BNB Chain introduces BC Fusion, merging BNB Beacon Chain and BNB Smart Chain. Explore how bnbburn.info continues to track BNB burns and its impact on circulating supply.
Avalanche (AVAX) has been on a phenomenal upward trend as overall market optimism has buoyed it. Recently, the token surpassed crucial resistance levels fueled by recent Federal Reserve rate cuts and Donald Trump's election victory.
Achieving its previous ATH would push DOGE's market cap to around $108 billion, surpassing SOL and BNB's current valuations.
BNB maintains $600 support, setting up for a 19% push to new highs.
BlackRock announced on Wednesday that it is expanding its tokenized liquidity fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), to operate on multiple blockchain platforms.
Binance announces a zero-fee trading promotion for ADA/JPY, DOGE/JPY, and XRP/JPY pairs, starting November 15, 2024. The initiative aims to enhance trading activity with Japanese yen pairs.
BlackRock has expanded its BlackRock USD Institutional Digital Liquidity Fund (BUIDL) to five additional blockchains—Aptos, Arbitrum, Avalanche, Optimism, and Polygon—enhancing access to tokenized real-world assets and integrating with decentralized finance ecosystems. The post BlackRock's BUIDL Expands to Aptos, Arbitrum, Avalanche, Optimism and Polygon appeared first on Cryptonews.
Asset management titan BlackRock is announcing the expansion of its proprietary BUIDL, the company's on-chain money market fund, across five new blockchains.
The tokenized money market fund will launch on nearly half a dozen new blockchain networks.
Bitcoin is showing no signs of stopping its advance toward $100,000, and several altcoins look poised to follow.
BNB Chain invites participation in voting for the BIA winner at DevCon in Bangkok, offering a $1,000 BNB reward. Join the live session and cast your vote to influence blockchain innovation.
BNB price remained in a tight range on November 13 even as Bitcoin made a strong bullish breakout to a new all-time high. Binance Coin was trading at $635.35, a few points below this week's high of $666.60 as some analysts predicted that it was on the verge of a multi-year breakout, potentially to $2,000.
The BNB Hackathon in Bangkok concluded with innovative blockchain solutions, awarding top projects like opMatch and BNB Defi Aggregator. A prize pool of $230,000 was shared among participants.
BlackRock is expanding its tokenized fund — BUIDL — to multiple blockchains.
BUIDL currently leads the tokenized government securities market with $517 million in assets under management.
BlackRocks BUIDL fund now spans Aptos, Arbitrum, Avalanche, Optimism, and Polygon, enhancing access for digital asset investors. The post BlackRock expands BUIDL fund access across Aptos, Arbitrum, Avalanche, Optimism, and Polygon appeared first on Crypto Briefing.
American multinational investment company BlackRock Inc has broadened the supported platforms for the BUIDL product. Per the latest update, the product has now expanded to different layer-1 and 2 networks to boost its overall diversity.
BNB Chain is set to host a series of engaging events at DevCon 2024 in Bangkok, including hackathons, incubation programs, and community activities, fostering innovation in the Web3 space.
BNB Chain's Most Valuable Builder (MVB) program partners with Google Cloud, enhancing support for Web3 projects with substantial cloud credits to boost decentralized application development.
Google Cloud has partnered with BNB Chain to help new Web3 projects thrive. The MVB Program is focused on helping up to 40 projects build dApps” on the BNB Chain.
AVAX price is down 12% in the last 24 hours after liquidity began flowing out of large caps and into mid-caps, causing projects like PNUT and DOGE to soar double-digit percentages. Nevertheless, market observers are still bullish on Avalanche, calling $130 the base.
Selecting the right crypto investment could be transformative, and coins like Shiba Inu (SHIB), Binance Coin (BNB), and Rollblock (RLBK) promise different upside potential. While BNB and Shiba Inu are the favorites of investors searching for explosive growth and stability, $RLBK has shown huge potential for massive returns.
On Tuesday, two blockchain development firms announced new partnerships with Google Cloud: BNB Chain and ZetaChain. BNB Chain received $10 million for its MVB Program, and Google Cloud will validate ZetaChain's mainnet and testnet.
Binance Coin (BNB) has been on a strong recovery path, with its price currently trading around $650. This marks a significant rebound after BNB found support at its 100-day Simple Moving Average (SMA).
The cryptocurrency market has entered a long-anticipated bull run, or in other words, prices are rising across the market. Bitcoin rewrote history again, crossing $89,000, and many other assets like Solana have leapfrogged major competitors.
Demand is surging for tokenized RWAs offering low-risk yield from Treasury bills.
BNBChain secures a $10 investment in cloud service credits to support its MVB projects.
Google Cloud will support the BNB Chain ecosystem by investing in the blockchain network's accelerator program. BNB Chain announced Nov.
The crypto market has achieved the $3 Trillion mark as the Bitcoin price approaches the $90,000 mark. Following this, top altcoins such as Avalanche have gained a significant uptrend in their valuation over the past few days.
With the integration of Avalanche, Orderly now supports seven blockchains, enhancing its footprint in the DeFi space.
As the 5th biggest cryptocurrency in the market, BNB price is currently trading at $650, with a market cap of $93.69 billion. As it enters closer to the $100 billion market cap, the Binance coin has increased by 4.44% in 24 hours.
Avalanche (AVAX) price has experienced a notable upswing recently, gaining momentum amid the broader crypto market's bullish trend. The cryptocurrency climbed past a key resistance level as the market reacted positively to recent events, including Donald Trump's election victory and the Federal Reserve's rate cuts.
Avalanche price rose and crossed an important resistance level as cryptocurrencies jumped following Donald Trump's election victory and Federal Reserve cuts. The AVAX token jumped to a high of $35.55, its hghestc swing since June 7. It has popped by 105% from its lowest level in August.
Payments protocol Aeon says it has launched cryptocurrency payments on the BNB chain. The company announced Monday (Nov. 11) that it has brought a streamlined QR code payment system to BNB with Terminus to expand crypto payment accessibility in Southeast Asia.
Avalanche (AVAX) has been on a strong upward trajectory, already surging 40% in recent weeks, and analysts believe the cryptocurrency may have room for even more growth. The digital asset is showing promising signs of continued bullish momentum, with technical indicators suggesting that AVAX could rally by as much as 35% in the near future.
Bitcoin picked up momentum and soared above $84,500, pulling several altcoins higher.
Binance Coin (BNB), the native cryptocurrency of the Binance exchange, has gained significant attention in the market due to its impressive growth and its role in the DeFi ecosystem. As the cryptocurrency market rebounds, BNB's price is expected to follow an upward trajectory, with some analysts predicting that it could reach new all-time highs by 2024.
The price of Avalanche (AVAX) is rebounding as it breaks above moving average lines.
Delta Protocol was exploited on Avalanche and Arbitrum, losing an estimated $4.8M, sent to five known addresses and to other DeFi pools.
Orderly Network, a cloud-based liquidity infrastructure platform, has announced its expansion onto Avalanche (AVAX), a platform powering decentralized applications (dApps) and custom blockchain networks, as reported to Finbold on Monday, November 11.
BNB price rose for three consecutive days, and analysts are upbeat that Binance Coin could retest the year-to-date high of $725 after breaking a five-month consolidation. The token was trading at $628 on November 11, its highest level since June 10, and 57% above its September lows.
The DeFi liquidity protocol has already paused operations on Arbitrum and Avalanche blockchains as the team investigates the vulnerability.