Bitcoin is showing signs of recovery as it tests a crucial technical formation that has the potential to change the perception of its recent bearish trends. The market leader may be on the verge of invalidating the death cross, a bearish signal that occurs when the 50-day moving average crosses below the 200-day moving average following weeks of consolidation and erratic trading.
BNB has shown significant market resilience similar to Bitcoin in the recent past catalyzed by rising demand. Bullish sentiment has been building up for the BNB price in the last three months, but it could be delayed if the support level at $520 is breached.
Binance Coin (BNB) could be on the verge of a major price movement as attention turns to its upcoming debut on Kraken, one of the longest-running cryptocurrency exchanges. Traders have begun preparing for what some call a possible shift in BNB's trading landscape.
The BNB Foundation has reached its 31st quarterly token burn, taking 1,579,207 tokens out of circulation. This colossal decrease, valued at about $916 million at today's prices, reaffirms the project's long-standing dedication to reduce its overall supply.
$600 is a crucial overhead hurdle for bulls to cross, else short sellers can drag BNB down to $520.
Trump's WLFI chose BNB chain as the main avenue for issuing its USD1 tokens, which now holds 90% of its supply.
Potential hackers may be opting for Pepe after a week of strong performance, scooping up 611 billion tokens—a testament to a potential reversal. The post 5 Mysterious Wallets Just Snapped Up 611 Billion PEPE – Is a Pump Coming? appeared first on Cryptonews.
Binance Coin (BNB) is facing a rejection at the moving average lines after failing to break above them.
PEPE coin shows signs of a potential breakout with retail accumulation increasing, technical patterns forming, and a possible 796% rally by 2025.
BNB Chain burned $916 million worth of tokens in its quarterly burn event, but the price barely moved despite the reduced supply.
According to Dune Analytics, as of mid-April, more than 113 million USD1 tokens have been issued. Nearly 90% of that supply lives on the BNB Chain.
BNB price is recovering from the $575 support zone. The price is now consolidating gains and might face hurdles near $585 and $600.
PEPE coin is seeing renewed momentum, gaining over 2.37% in the past 24 hours and stirring bullish sentiment across the meme coin community. Could PEPE revisit its December 2024 high
PEPE sees renewed demand as technical and on-chain signals hint at a possible breakout.
PEPE's price action has been relatively quiet in the past few weeks. The meme coin has been quietly going through a continued wave of selloffs amidst the volatility in the wider crypto market.
Bitcoin (BTC) has risen above $85,000, signaling that the bulls are trying to form a higher low at $83,000. The short-term price action remains susceptible to news related to the US tariffs and the ongoing trade war with China.Gold has been a clear winner during the current bout of macroeconomic uncertainty.
TL;DR Binance has completed its 31st quarterly BNB burn, permanently removing 1.57 million tokens worth $916 million from circulation. This move is part of BNB Chain's long-term deflationary strategy to reduce total supply to 100 million BNB. Despite the massive burn, BNB's price dropped by 0.37%, sparking mixed reactions from the crypto community.
Binance Chain has just completed its 31st quarterly token burn operation, permanently removing 1.58 million BNB from circulation, equivalent to 914 million dollars. This strategy could well propel the price of the world's fifth largest cryptocurrency in the coming weeks.
PEPE is up by double-digits in the past week.
Binance Coin price has formed a symmetrical triangle pattern as its staked amount rises, and after the network executed its quarterly token burn. Binance Coin (BNB) was trading at $582, a few points above its lowest level this month.
Binance Chain has completed its 31st quarterly BNB token burn, removing $916 million worth of coins permanently from circulation. This move has sparked speculations of a possible BNB price rally, with analysts and traders remaining enthusiastic.
Binance co-founder Changpeng Zhao (CZ) announced a major deflationary milestone, confirming the completion of BNB Chain's 31st quarterly token burn.
Less than 40 million BNB is left to be burned now.
BNB Chain's auto-burn program adjusts according to block production and price movements. The Chain finalized its 31st quarterly burn today, removing BNB worth over $916 million from circulation. The move underscores the network's dedication to shrinking BNB's total supply to 100 million through its auto-burn approach. The latest incineration has removed over 1.
Layer-1 blockchain protocol BNB Chain has completed its 31st quarterly burn for Binance Coin (BNB). As revealed on its official X handle, the protocol burned 1,579,208 BNB.
The Pepe (PEPE) price has been subdued so far since the start of the week, but could be gearing ups or a major move as pressure builds. The post Is PEPE About to Explode 100%? Here's What the Charts Just Revealed appeared first on Cryptonews.
PEPE coin price could be on the cusp of a strong bullish breakout as it slowly forms a rare chart pattern on the daily chart. One top crypto analyst has predicted that his base case is that it could double in the next few weeks.
Following the breakout of the descending trendline, PEPE's price is poised for a 20% upside move.
The altcoin space is buzzing as Bitcoin teases a break past the $85K resistance, trading at $85,939. Frog-themed PEPE flashed bullish signs after consolidation, hinting at an October-style rally that saw it gaining over 100%.
Binance plans a brief pause for BNB Smart Chain transactions as it performs scheduled wallet maintenance.
Even while stock markets are mired in uncertainty, AI tokens continue to mount a rebound. Behind the scenes, the crypto AI sector is exploding after fresh announcements from OpenAI and NVIDIA.
Binance users will not be able to make deposits and withdrawals on the BNB Smart Chain as it will be suspended temporarily while the platform carries out wallet maintenance.
For PEPE, as with other memecoins, hype may be a double-edged sword.
Yet another hack story shook investors' faith in Defi. The DeFi world is once again in the spotlight after a newly launched perpetual trading platform, KiloEx, backed by YZi Labs (previously known as Binance Labs), fell victim to a multi-chain exploit that drained approximately $7 million.
PEPE has staged a sharp rebound from a major support level, causing bullish speculation about a potential 100% rally. The crypto token is currently showing signs of renewed upward momentum after holding above the $0.00000567 support zone that has previously acted as a price floor on the daily candlestick timeframe chart.
While global economies remain very uncertain going forward, the crypto market is beginning to coil up, and the U.S. stock market allowing, we could see a substantial surge into the Summer. Solana (SOL), Binance Coin (BNB), and Sui (SUI) are well placed to lead this resurgence.
Meme coins remained under pressure this month as market participants watched the ongoing trade war between the US and China. Bitcoin price was trading at $84,000 on Monday, while the market cap of all coins remained at $2.7 trillion.
Is a profit-taking dip looming just beneath the surface?
BNB Chain addresses rumors, clarifies cooperation, emphasizes official channels.
BNB Chain stands out as a powerful blockchain network designed to support decentralized applications (dApps) while ensuring transactions remain fast, secure, and cost-efficient. With its impressive scalability, adaptability, and strong community-driven development, it has cemented its place as a key player in the blockchain ecosystem.
The BNB price has drifted upwards in the past few days as the crypto market has remained in a tight range, with Bitcoin hovering above $84,000. BNB was trading at $592 on Sunday, up by about 18% from the lowest level this year.
BNB is above the $540 support but below the moving average lines in a trading range.
Explore the latest updates on BNB Chain's ecosystem, including key metrics, new projects, and significant events held in early April 2025.
BNB Chain completed the Lorentz hard fork today to improve the network's efficiency. Mainnet upgrades are scheduled for later this month, while the Maxwell upgrade takes place in June.
Bitcoin (BTC) is showing strength as buyers have pushed the price above $82,500, but higher levels are likely to attract solid selling from the bears. CryptoQuant analysts said in a recent market report that Bitcoin could face resistance around $84,000, but if the level is surpassed, the next stop may be $96,000.Although trade tensions between the United States and China have flared up, institutional crypto investment firm Bitwise remains bullish on Bitcoin.
TL;DR Speed Surge: BNB Chain's testnets now boast dramatically lower block times—0.5 seconds on opBNB and 1.5 seconds on BSC—courtesy of the Lorentz Fork upgrade. Optimized Efficiency: The upgrade enhances network responsiveness, ensuring a smoother and faster transaction experience for both developers and users, particularly benefiting time-sensitive DeFi apps.
Frog-themed meme coin PEPE has confirmed a death cross on its four-hour chart, a bearish technical indicator triggered when the 50-period simple moving average (SMA) crosses below the 200-period SMA. This development signals potential downside momentum, especially as PEPE continues to trade beneath key moving averages on both the four-hour and daily charts.
BNB has reclaimed the $580 level following the successful testnet completion of a key network upgrade, injecting fresh optimism into the BNB ecosystem and the broader Binance Smart Chain (BSC) community.