Examining how long BNB will hold on to $505-level

BNB was rangebound, for now. A move beneath the range was favored, but a breakdown was not yet confirmed. Since March 19th, Binance Coin (BNB) has remained within a set price range. This range spanned from approximately $505 to $630. At the current trend, BNB was poised to test those lower limits again. In the … Read more

Grayscale adds 32K Litecoin amidst the dip: Time to go long?

Grayscale has bought the dip and added 32K LTC coins to its Trust.  Litecoin has enjoyed explosive growth as the preferred crypto pay option.  In simpler terms, the value of cryptocurrencies, especially alternative coins, has dropped by around 30-40%, creating significant markdowns. For instance, Litecoin [LTC], which was previously worth over $112.8, is now trading … Read more

Magic Eden passed Blur as leading NFT marketplace in March: CoinGecko

In March, Magic Eden, an online marketplace specializing in non-fungible tokens (NFTs) on the Solana blockchain, achieved its highest monthly sales volume. This figure exceeded that of the current industry frontrunner, Blur. The NFT trading volume on CoinGecko surged by 194.4% in March, reaching a total of $756.5 million. In contrast, Blur experienced only a … Read more

Solana: Why it’s not a good time to be a long trader

SOL’s Futures Open Interest has dropped to its lowest level in two months. Key technical indicators suggest that the coin’s price decline may continue. The open interest for Solana’s [SOL] futures contracts has dropped to its lowest point in the past two months, as reported by Coinglass, due to the overall market decline. The term … Read more

Bitcoin spot ETFs’ ‘Zero flow’ days – All you need to know

Bitcoin spot ETF sees zero netflow. GBTC holdings continue to decline. Since the successful authorization and debut of the Bitcoin [BTC] spot ETF, Grayscale’s Bitcoin assets have seen a decrease in value. For the first time since its inception, many platforms have reported no new investments following the ETF’s launch. Grayscale’s Bitcoin holdings halves A … Read more

Mango Markets exploiter trial heads to jury

After hearing the evidence presented during the trial, the jury is now considering their verdict on accusations against Avraham “Avi” Eisenberg for market manipulation and fraud linked to an $110 million scheme involving the Mango Markets decentralized exchange. In the United States District Court for the Southern District of New York on April 17, Judge … Read more