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BNB Drops As Binance Burns Almost USD 600M Worth of Coins


Source: a screenshot, Instagram/binance Binance coin (BNB) is the worst-performing major cryptoasset today as Binance said it has completed its 15th quarterly BNB token burn, destroying BNB 1,099,888 (USD 5.8bn). At 09:19 UTC, BNB trades at USD 523 and is down by 4% in an hour and a day, trimming...

Ethereum Breaks USD 2,500, DOGE Doubles while Bitcoin Consolidates


Bitcoin price corrected lower from the USD 64,900 zone. BTC broke the USD 63,000 support, but it is holding gains above the USD 62,000 level. It is currently (04:00 UTC) showing positive signs and it might start a fresh rally above USD 64,000. Besides, most major altcoins are trading in a bullish...

Coinbase Exchange Debuts on Nasdaq With USD 76 Billion Valuation


Coinbase Global Inc. was listed yesterday on Nasdaq. Coinbase is the largest cryptocurrency exchange in the United States. It was founded in 2012 and is a fully regulated and licensed cryptocurrency exchange supporting all U.S. states except for Hawaii. Initially, the exchange only allowed Bitcoin...

Over USD 620M XRP Positions Liquidated While Ripple CTO Educates Investors


David Schwartz. Source: A video screenshot, Youtube/UNCHAIN Convention Over the past two days, more than USD 620m worth of XRP traders' overleveraged positions were liquidated, as XRP fans became too optimistic about the recent rally, while David Schwartz, Chief Technology Officer of Ripple...

Goldman Sachs Wants To Go Digital + More News


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Banking news US-based investment giant Goldman Sachs plans to build a digital bank but, at the moment, it is not focused on providing a crypto...

3/4 of Polled S Korean Bankers See Bitcoin At USD 90K Before End of 2021


A survey of South Korean bankers has found that almost three-quarters of them say that bitcoin (BTC) will hit the KRW 100m mark (just under USD 90,000) before the year is out, while some in the industry think that in the long-term it could replace gold – and even the US dollar. Chosun Ilbo,...

XRP Surging Towards USD 2, Bitcoin and Ethereum Extend Rally


Bitcoin price started a strong increase above the USD 62,000 level. BTC even broke the USD 63,500 level and it traded to a new all-time high. It is currently (04:00 UTC) showing positive signs and it could soon continue higher above USD 64,000. Similarly, most major altcoins are gaining bullish...

Bitcoin Hits New ATH Above USD 62K, Liquidating Millions In Shorts


The most popular cryptocurrency, bitcoin (BTC) has started discovering its new all-time highs (ATHs), moving above USD 62,000 for the first time in its history and liquidating almost USD 200m in short trading positions in one hour. A the time of writing (08:25 UTC), BTC is trading at around...

Bitcoin and Ethereum Bulls Hesitate, BNB Extends Rally Above USD 600


Bitcoin price is still trading below the USD 60,800 and USD 61,000 resistance levels. BTC is currently (12:00 UTC) flirting with the USD 60,000 level and if there is a downside correction, the USD 59,200 and USD 59,000 levels might provide support. Besides, most major altcoins are showing positive...

Bitcoin Hovers Around USD 60K, BNB Rallies Above USD 560


Bitcoin price seems to be stuck below the USD 60,800 and USD 61,000 levels. BTC is currently (04:30 UTC) trading above USD 60,000, but it is facing a few hurdles. A successful close above USD 61,000 is must to start a steady increase in the coming sessions. Besides, most major altcoins are trading...

Bitcoin Spikes Above USD 61K, Ethereum Hits New ATH


The crypto market started this weekend in green, with the most popular cryptocurrency, bitcoin (BTC), jumping above USD 61,000 for the first time in almost a month, while the dominant smart contract platform, ethereum (ETH), reached its new all-time high (ATH) against USD. At 07:12 UTC, BTC trades...

Christie's to Sell 9 CryptoPunks, While USD 6.3M is Placed on 16 Punks


CryptoPunks. Source: A screenshot, christies.com Major auction house Christie's will hold a non-fungible token (NFT) CryptoPunks sale, while an unknown collector (possibly in making) placed millions of dollars in bids for sixteen Punks. Per Christie's announcement, they'll be selling nine digital...

Bitcoin and Ethereum Show Positive Signs, XRP Reclaims USD 1


Bitcoin price remained stable above USD 55,500 and started a steady increase. After a couple of attempts, the bulls were able to push the price above the USD 57,200 resistance. As a result, BTC gained traction and it is currently (04:30 UTC) trading above USD 58,000. Similarly, most major altcoins...

New Bitcoin Mining Giant Emerging in US With USD 651M Deal


US-based listed Bitcoin (BTC) mining company Riot Blockchain said it's buying Whinstone, the owner and operator of North America’s leading Bitcoin hosting facility, from Northern Data for USD 651m. The company said it has already signed a definitive agreement and expects to close the transaction...

USD 3 Trillion Corporation State Street Goes Crypto


US-based financial giant State Street aims to enter the crypto trading market in the middle of this year. State Street's trading platform Currenex, that was reportedly put for sale last year, partnered with London-based Puremarkets Ltd (Pure Digital) in order to develop a wholesale, multi-custodial...

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