The recent market downturn on August 5th led to panic among investors, causing a surge in trading activities on Binance. CEO Richard Teng disclosed that the exchange witnessed record inflows of $1.2 billion in the past 24 hours, according to DefiLlama’s CEX Transparency metrics. These numbers continued to rise, with Binance’s inflows surpassing $2 billion
Uniswap (UNI) has recently experienced a 13% rebound, pushing its price above the critical $5.6 level. This price movement has sparked optimism among investors and traders regarding the sustainability of the bullish momentum and the potential for further price increases. Current Price and Market Data UNI is currently trading at around $5.77 with a market
In the recent volatile crypto market, XRP experienced a significant price downturn, hitting $0.438 after a 20% decline in just 24 hours. Despite this sharp fall, XRP whales, large holders of the cryptocurrency, have been actively accumulating more tokens during this opportune moment. On-chain transaction data has shown a pattern of large transfers of XRP
Aayush Jindal is a distinguished figure in the world of financial markets, with a wealth of experience spanning over 15 years in Forex and cryptocurrency trading. His reputation as a trusted advisor and senior market expert has made him a go-to resource for investors worldwide seeking guidance in navigating the complexities of modern finance. From
Jan van Eck, the CEO of VanEck, has made headlines with his bold prediction that Bitcoin could skyrocket to $350,000 in the near future. His optimism is fueled by the rapid adoption rate of Bitcoin in the financial sector, comparing it to the adoption rate of gold. Despite the inherent volatility in the cryptocurrency market,
Aayush Jindal is a prominent figure in the world of financial markets, boasting over 15 years of experience in Forex and cryptocurrency trading. His expertise is widely recognized, with a track record of offering unparalleled technical analysis to investors globally. Aayush has established himself as a trusted advisor and senior market expert, guiding individuals through
Ethereum price has recently seen a recovery wave starting from the $1,910 zone. This recovery has led to ETH being up over 10% and consolidating near the $2,500 zone. The price started this recovery wave above the $2,250 and $2,400 levels, which is a positive sign for investors. However, it is important to note that
Bitcoin price recently started a recovery wave after crashing below $50,000. The cryptocurrency is now back above $55,000, facing several obstacles near the $58,000 zone. This recovery comes after Bitcoin dipped below key support levels like $52,500 and $55,000, prompting concerns among investors about the digital asset’s future trajectory. Although there was a break above
Bitcoin, the world’s leading cryptocurrency, has been experiencing a downward trend in price action recently. Despite this, analysts have identified key levels that could potentially impact future price movements. One such level is the $65,000 mark, which has attracted attention due to its significance in Bitcoin’s recent consolidation between $60,000 and $70,000. According to a
Bitcoin price has witnessed a significant decline in the past few days, breaking below key support levels. The price is currently trading below $55,000 and the 100 hourly Simple moving average, indicating a bearish trend in the market. This downward movement has raised concerns among investors and traders about the future direction of Bitcoin. Despite
