BNB Financial News

Dogecoin, Shiba Inu, and Polkadot surged up to 11%. However, a few of the top crypto tokens such as Avalanche, Chainlink, Polygon, Solana, and XRP were the laggards. Meanwhile, the global cryptocurrency market cap surged 1.5% to around $2.38 trillion in the last 24 hours.

The world's largest cryptocurrency was last up 8.5% at $62,135, its highest since November 2021, while Ethereum rose 5.35% to $3,436, having hit another two-year high. Meanwhile, the global cryptocurrency market cap surged 8.9% to nearly $2.3 trillion in the last 24 hours.

Dogecoin, Solana, BNB, Avalanche, Toncoin, XRP and Tron soared up to 6.40%. Bitcoin reclaimed the $57,000 level for the first time since late 2021 in today's early trade, supported by investor demand through exchange-traded funds as well as further purchases by MicroStrategy Inc. The digital asset added as much as 4.4% to reach $57,039 before paring some of the jump to trade at $56,473 as of 10:22 am Tuesday in Singapore, Bloomberg reported.

crypto tokens were trading mix on Monday. While Bitcoin fell 0.24% in the last 24 hours and traded at $51,513.69 around 12 pm India time, other major cryptos such as Ethereum, Solana, BNB, Avalanche, Toncoin and Tron soared up to 2%. The other laggards in the pack were XRP, Cardano, and Dogecoin, which were down by up to 1.5%. Bitcoin is experiencing consolidation over the last few weeks and has been trading in the range of $50,000-$53000 after rallying by nearly 36% since the start of 2024, Shivam Thakral, CEO of BuyUcoin said, adding that Bitcoin has failed to breach the $53,000 resistance. In his view, a breakout above this level should push the price up to $60,000 in the near future.

BNB. The global cryptocurrency market cap surged 0.47% to around $1.97 trillion in the last 24 hours. At 12:50 p.m., Bitcoin was trading 0.3% higher at $51,825, and Ethereum was up 1.3% at $2,974. Meanwhile, BNB jumped 7.4%.

Binance’s BNB token has flipped Solana to become the fourth largest cryptocurrency by market capitalization, according to data by CoinGecko.

Crypto exchange tokens have shown resilience, rebounding from the lows caused by the FTX scandal and reaching new highs amid the ongoing bullish market.

Binance’s native BNB coin has just hit $359, reaching its highest level since November 5, 2022, when the token traded at $353, according to data by CoinGecko.

cryptocurrency markets were trading marginally lower in Monday's trade after Bitcoin hit the 48,000 mark over the weekend. The global cryptocurrency market cap fell 0.8% to around $1.8 trillion in the last 24 hours. At 11:50 a.m., Bitcoin was trading 0.14% lower at $48,128, while Ethereum was down 1.15% at $2,498.

cryptocurrency markets were traded marginally higher in Wednesday's trade, led by Bitcoin, Ethereum, Tron, and BNB. The global cryptocurrency market cap surged 0.67% to around $1.65 trillion in the last 24 hours. At 11:26 a.m., Bitcoin was trading 0.65% higher at $43,016, while Ethereum was up 2.34% at $2,365. Other altcoin such as BNB, Solana, Dogecoin, Tron, Polkadot, Polygon, and Litecoin rose up to 3%. While XRP, Cardano, Chainlink, Toncoin, Shiba Inu, and Internet Computer declined.

Dogecoin plunged about 2.4%, whereas Ethereum and BNB also dropped.

Cryptocurrency markets were trading lower on Wednesday, dragged by Bitcoin, Ethereum, and BNB.

Cryptocurrency markets were trading in the red on Tuesday after Bitcoin, the world's largest crypto token, fell below $40,000 for the first time since the launch of 11 spot Bitcoin exchange-traded fund (ETF) on January 11.

Cryptocurrency markets were trading lower in Monday's trade, dragged by Bitcoin, Ethereum, Solana, and Dogecoin. The global cryptocurrency market cap declined by 1.6% to around $1.62 trillion in the last 24 hours.

A security report published today revealed losses incurred on BNB Smart Chain in 2023 reached over $161 million, compared to $1.1 billion in the previous year.

Bitcoin, Ethereum, Solana, Cardano and Tron were trading in the red, while BNB, XRP, Dogecoin, Chainlink, and Toncoin were in the green. «The Bitcoin traders liquidating their positions as they were not able to meet the margin requirements as the Bitcoin process went up and then retreated in a short span after Bitcoin ETF listings. The market is expected to remain volatile in the coming weeks owing to the macroeconomic conditions,» said Shivam Thakral, CEO of BuyUcoin. At 12:19 p.m., Bitcoin (BTC) was trading 0.6% lower at $42,667, while Ethereum (ETH) was down 1.6% at $2,513. Whereas, altcoins, such as Toncoin and BNB, surged 13.2% and 4.5%, respectively. «BTC price experienced unexpected lows after the approval of the spot ETF, but the bullish performance of altcoins may signal an early reversal. The anticipation surrounding spot Bitcoin exchange-traded funds generated significant excitement, yet the failure to lead to a sharp upward movement may have prompted traders to take profits. This resulted in a sharp pullback to $41,500,» said ZebPay Trade Desk.

BNB, XRP, Dogecoin, Cardano, Avalanche, Toncoin and Tron soared up to 15%. Crypto markets rallied in anticipation of imminent approvals by the US SEC regarding spot bitcoin exchange-traded funds (ETFs). Crypto markets surged over 6% overnight reacting to the US SEC Chairman’s tweet about crypto investing, Vikram Subburaj, CEO, of Giottus Crypto Platform said, attributing the development to the uptick in major cryptos. Bitcoin briefly breached $47,000 for the first time since April 2022 and is looking set for a push towards $50,000 if spot ETF approvals come in this week, he opined. In his view, BTC dominance has increased to 54.5% indicating strong performance of the top crypto asset lately. Any euphoric rally from here could lead to a correction later, he warned investors as he advised them to remain cautious of the market volatility over the next 7 days. The crypto market's total market capitalisation has crossed the $1.8 trillion mark according to Coinswitch data which said that the crypto fear and greed index remains highly positive, jumping by 6 points as compared to Monday.

BitPay, the world’s leading Bitcoin and cryptocurrency payment service, has unveiled an enhanced payment experience for its crypto customers, which is set to roll out this week.

BNB surges 11.16% to move past Solana (SOL) in market capitalization, sparking several sentiments from traders and igniting a new altcoin push.

Major crypto tokens were trading mixed with the bias slightly tilting towards the gainers in Friday’s trade. Bitcoin, Ethereum, Solana, BNB, XRP, Dogecoin, Cardano, Avalanche, Toncoin and Tron were trading in the green around 10:30 am. In a major development, Coinbase Global secured registration with the French markets regulator, a Reuters report said, quoting CNBC. France's AMF watchdog gave Coinbase a virtual asset service provider approval, which is effectively a green light for the company to operate digital currency services in France, according to the report. Bitcoin crossed the $44,000 mark following crucial discussions on Bitcoin ETFs between BlackRock, Nasdaq and the US Securities and Exchange Commission (SEC).

The price of Solana (SOL) gained as much as 17.15% within the last 24 hours in a massive rally to become the fourth largest crypto in terms of market cap.