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Binance Coin (BNB) Closes on Its 200 DMA Curve of $466!


Binance Coin has finally been able to reach the top levels of its consolidative zone. At the current value of $436, BNB is worth close to USD 72 billion, with a total circulation supply of 165.1 million Binance Coin tokens. Still, the volume of transactions on BNB remains less than 2% of its total...

AUD/USD Might Pause the Bull Run as APAC Conditions Deteriorate


The momentum enjoyed by the AUD/USD pair is experiencing some downtime in the market. The commodity currency gained much from the demand created by the ongoing global conflict in the last few weeks. It helped the currency reach new points against the greenback in the market. However, the currency...

Bitcoin Tests USD 47K, Ethereum Reaches USD 3.3K, Altcoins Gain Momentum


  Bitcoin price started a fresh increase above the USD 45,500 resistance zone and even briefly surpassed the USD 47,000 level. It is currently (04:00 UTC) consolidating gains near USD 46,900 and eyeing an upside break above USD 47,500. Similarly, most major altcoins are gaining bullish momentum....

USD Slides Down While Japan’s Yen Takes the Hit


The Japanese Yen took a deep cut in the market on Friday, losing 0.61% against the United States dollar. It is believed that the hiking import costs and a downside in the interest rates have caused the JPY to take this blow. And what’s more, the greenback also took a hit as per the recent...

Bitcoin Tests USD 44K, Ethereum Extends Gains, SOL and AXS Rally


  Bitcoin price started a fresh increase above the USD 43,350 resistance zone and even traded above the USD 44,200 level. It is currently (04:16 UTC) consolidating gains above USD 43,900 and eyeing an upside break above USD 44,350. Similarly, most major altcoins are trading in a positive zone....

Bitcoin Inches Higher as Terra Starts Implementing Its USD 10B BTC Plan


  Following Terra’s announcement in February that it would partly back its stablecoin UST with bitcoin (BTC), the market has been waiting for clues that Terra is in fact following up on its promise and buying BTC. An indication that the stablecoin protocol is following through with its plan came...

Binance Labs Is Leading $8M Seed Funding Round for Tea


Binance Labs recently announced leading an 8 million dollar seed funding round for Tea, an emerging open-source software platform on the blockchain. The innovation incubator and venture capital behind Binance aim to promote open-source operations with the development. The role of open-source...

AlgoBlocks Raises Almost $1.6M in Seed and Private Funding


AlgoBlocks raised $1,940,000 in its strategic and private funding, thanks to the addition of investors Draper Dragon and Kyber Ventures. The company successfully helped achieve its strategic round goal of $391,000, and it raised $1.55 Million under its private funding. The total goal to reach...

Nexo Launches USD 150M Investment & Acquisition Fund Focused on Web3


  The crypto lending and borrowing platform Nexo (NEXO) has launched a new investment fund focused on the emerging Web3 industry. The fund will invest USD 150m in “early-stage retail and institutional projects” that are "synergetic" to Nexo’s core business, an announcement from the company said....

Cardano Stumbles Below $1; Can ADA Retake the Crown Levels?


When it comes to market leaders in the cryptocurrency space, Cardano is one of the names that made its presence known to the entire world in 2021. Since moving up above $1 levels, ADA has been periodically breaching its previous highs and presenting itself as a replacement for the decade-old...

Crypto Project Worldcoin to Raise USD 100M at USD 3B Valuation - Report


  Major crypto exchange Coinbase-backed startup Worldcoin is reportedly set to raise USD 100m through the sale of its tokens, valuing the total supply of the tokens at USD 3bn. The list of investors includes prominent VC firms like Andreessen Horowitz (a16z) and Khosla Ventures, The Information...

DeFiance Founder's USD 1.76M Loss is a Lesson For NFT Investors


  Founder of the cryptoasset fund DeFiance Capital, Arthur Cheong, has seen one of his hot wallets compromised, resulting in the loss of over 70 blue-chip non-fungible tokens (NFTs) worth over USD 1.76m. The incident is another stark reminder for all NFT investors to be extra careful - and less...

Bitcoin Tests USD 42K, Ethereum Reaches USD 3K, ALGO and ETC Accelerate


  After bitcoin started a downside correction below the USD 41,550 support, BTC remained stable above the USD 40,550 level. It is currently (04:06 UTC) rising above USD 42,200 and might attempt a fresh increase above the USD 42,500 resistance zone. Similarly, most major altcoins are showing...

Terra (LUNA) Takes a Leap Towards $100!


LUNA is the native cryptocurrency of the Terra blockchain ecosystem that aims to provide a solution to distantly functioning independent blockchain projects. Any product or technology truly reaches its pinnacle after being accepted by the users on a broader scale. To this day, there have been...

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