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.
Bitcoin (BTC) and the crypto market registered a sharp decline as speculation cooled after a week of significant gains. BTC has registered an increase of over 30% since the US election, thanks to President-elect Donald Trump's pro-crypto stance.
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.
Sui Network (SUI) has recently demonstrated impressive growth in its decentralized exchange (DEX) trading volume, surpassing Aptos (APT) by a significant margin. SUI's trading volume reached $28 billion, three times that of Aptos, which recorded $9.4 billion.
BNB's bullish breakout may spark optimism as analysts have a key target in mind.
Aptos (APT) recently hit a 7-month high before facing a near-term downturn.
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.
Yesterday, the world's largest asset manager, Blackrock, disclosed that it had expanded its tokenized money fund to other blockchains, including Move-programmed Apots (APT). This development sparked speculation that the Aptos token price could gain from it.
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.
SUI and APT surged, but SUI may outpace APT in gains because of strong market metrics.
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.
Bitwise Asset Management has introduced a pioneering exchange-traded product (ETP) focused on staking the Aptos (APT) token, marking a significant move in the crypto investment space.
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.
Bitwise Asset Management introduced the world's first Aptos staking exchange-traded product (ETP) on Switzerland's SIX Exchange.
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.
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).
Aptos (APT) price has been experiencing a strong rally, surging 47% in the past seven days. The recent momentum has been supported by positive indicators, such as bullish EMA lines and favorable Ichimoku signals, which point to continued buying interest.
Crypto asset manager Bitwise has announced the launch of an Aptos (APT) Staking exchange-traded product (ETP) (APTB) on the SIX Swiss Exchange. According to the press release, the ETP will represent the world's first Aptos Staking ETP, aiming to enable both institutional and retail investors to engage with the Aptos smart contract platform.
Aptos (APT) is currently riding a powerful bull wave, with the token seeing an impressive 82% rally in recent weeks. As it challenges key technical resistance levels, Aptos is now poised for a potential breakout that could send its price soaring, with some analysts predicting a massive upside of up to 190%.
Bitwise Asset Management announced it will launch the Aptos Staking ETP on the SIX Swiss Exchange, marking the first exchange-traded product (ETP) for Aptos staking. Aptos Staking ETP Set to List on SIX Swiss Exchange Bitwise's Aptos Staking ETP, scheduled for listing on Nov.
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.
U.S. asset management firm Bitwise has announced plans to launch an Aptos Staking Exchange-Traded Product on the SIX Swiss exchange. The product will offer staking access to both institutions and retail investors and offer staking rewards of about 4.7% net of fees.
It adds to Bitwise's roster of European staking ETPs. Staking is still prohibited in ETPs listed in the United States.
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.
Bitwise Aptos Staking ETP will be listed on the SIX Swiss Exchange on November 19, 2024.
Aptos price rose sharply on Tuesday amid a major announcement from asset management firm Bitwise. The price of Aptos (APT), which had jumped to above $11.00 as the broader crypto market mirrored Bitcoin's (BTC) explosive run, shot to highs of $13.84 on Nov. 12.
Bitwise Asset Management, a prominent digital asset investment firm, has announced the launch of the world's first Aptos Staking ETP (exchange-traded product).
Aptos Price (APT), a Layer 1 Proof-of-Stake (PoS) blockchain, is gaining momentum, reflecting a strong bullish trend. Since the U.S. elections, The token has surged alongside other cryptocurrencies, standing out as one of the top-performing tokens in recent days.