Key points: Bitcoin risks falling to $110,530, where the buyers are expected to step in. Bitcoin is approaching a solid support, and a strong rebound off it could see buyers return to ETH, BNB, LINK and MNT. Bitcoin (BTC) is gradually pulling lower, indicating profit booking by short-term traders. Bitfinex analysts said in a report on Monday that BTC could …
Read More »
Key Takeaways A $1,000 price target for BNB could be conservative, according to CryptoQuant analyst Joao Wedson. AMBCrypto agrees, and the exchange token is projected to reach $1,187 in the coming weeks. Binance Coin [BNB] reached a new all-time high of $850 on the 28th of July. Over the past five weeks, the Binance exchange token has rallied 35%. Even …
Read More »
Key takeaways BNB chain burnt 1.59 million tokens and has removed over 30% of the supply since 2022. But is it enough to push the BNB price to $800? BNB chain has burned 1,595,599.78 Binance [BNB] tokens worth $1 billion as part of its quarterly disinflation program. Per the network, this was the 32nd burn, and over 60.7 million tokens …
Read More »