See Contact Page No Monday - Sunday 12 AM - 11:59 PM
    Crypto Basset Hound Cryptocurrency & Blockchain NEWS Aggregator & Syndicate

    Crypto Price Analysis September-23: Ethereum, Ripple, Cardano, Solana, and Binance Coin

    2020

    Crypto Price Analysis September-23: Ethereum, Ripple, Cardano, Solana, and Binance Coin

    This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Binance Coin. Ethereum (ETH) Despite the bullish fundamentals of Ethereum’s merge, the price of the second largest cryptocurrency has continued its downtrend and registered a 10% loss in the past seven days. At the time of this post, ETH managed to find […]

    MORE ...

    Binance Coin Eyes $316, After Being Stuck At $276 In The Last Week

    accumulation

    Binance Coin Eyes $316, After Being Stuck At $276 In The Last Week

    crypto basset hound

    Binance Coin is looking to retest and push its limits to surpass the $300 mark to tap on liquidity. Binance Coin sets eyes on $316 BNB price currently trades at $278.40 Resistance spotted at $287 to $295 range Bitcoin has encountered intense selling pressure that triggered its dip to $19.5k and retesting the $20.4k zone for liquidity. Moreover, BTC has grappled to fix its clamp on the $20.8k zone seen a few weeks ago.  a couple of weeks ago. BNB outlook based on the price action is looking bearish as it lingered at the $276 level for the most part of last week.  Related Reading: Shiba Inu Burn Events Spark A Rally In Altcoin Over The Past Weeks Binance Coin Price Skyrockets 1.36% According to CoinMarketCap, BNB price has skyrocketed by 1.36% or trading at $278.40 as of this writing. BNB has formed a descending triangle pattern seen in the middle of August while it made some swirls of lower highs from the $315 zone. Similarly, BNB price has also formed a base tapping at the $270 to $275 range. A fall that dips below $271 and then retesting on the key resistance would most likely trigger BNB to plunge shooting towards $240. Chart: TradingView.com The $270 level has also maintained to be the support and resistance zone in July. The same zone has also been a fortress resisting the bearish tremors. Awesome Oscillator and RSI for BNB as presented on the 4-hour chart remains to be generally bearish. The momentum indicator also wasn’t able to hover above the 50 level while unable to surpass the 60 zone that hints at a bullish fervor. OBV has also plunged showing magnified selling pressure. More so, a bullish crossover was also present on the Stochastic RSI that indicates a slight bounce might happen to test the resistance level. Repetitive tests of a particular zone are seen to dampen the support area. In this case, the $275 zone has been tested time and again in the past couple of days with the potential to cave. BNB Shows Intensified Selling Volume Its bounce though might not be too significant with the $287 to $295 range acting as key resistance. Over the next couple of days, BNB might potentially hover towards $300 and $316 or $270 to $242. This will depend primarily on Bitcoin’s ability to protect its support zone spotted at the $19.6k-$19.8k levels. Intensified selling volume and bearish movement has been observed with Binance Coin in the past couple of days. There is an obvious weak accumulation at the demand zone hinting that any bounce or jump towards the $290 to $300 range might be short-lived. A Bitcoin move that surpasses the $21.5k zone plus Binance Coin flipping the $300 mark for support would be pivotal to change the fate of BNB from bearish to bullish. Related Reading: TRON Volume And Market Cap Down Despite Social Media Hype  BNB total market cap at $44.9 billion on the daily chart | Source: TradingView.com Featured image from TIME, chart from TradingView.com

    MORE ...

    NEW Binance Partnership! + GET READY For MAJOR Adoption & WHY Did THIS Have To Happen?!

    2021

    NEW Binance Partnership! + GET READY For MAJOR Adoption & WHY Did THIS Have To Happen?!

    Protect And Store Your Crypto With A Ledger Nano: https://www.ledger.com?r=8af3ed38d3b7 ——————————————- I Make Art Daily, Check It Out! https://opensea.io/collection/the-modern-artist-collection —————————————— Become A Patreon! https://www.patreon.com/TheModernInvestor ——————————————- MY SECOND CHANNEL: https://www.youtube.com/channel/UCH9HlTrjyLmLRS0iE1P4rrg —————————————– Check Out My NFTs – New Pieces Drop Daily! https://rarible.com/tmi —————————————— Open An Account With Binance! https://www.binance.com/?ref=22170588 ——————————————- ———————–
    Want To Send Me A Tip? Bitcoin Donations Address:
    1BYhrLpntMYW97sd8K6fquTcr5MYwPAe2y Ripple (XRP) Donation Address:
    rsoKR5VHJx84oMTYbS7tWg7g5aFebYirVi Ethereum:
    0x0e5f5CEFaA9A0713AB6D8F79E6679E22d86C21f6 DOGE Address:
    DJmfX6vZi6BE1iELwHf2icEMBGz8xKprRM ——————————————————————————–
    Follow Me On Facebook ! https://www.facebook.com/TheModernInvestor Follow Me On Twitter:
    https://twitter.com/ModernInvest ———————————————————————————-
    Very Special Thanks To My Patreon Supporters: Professor Wally From Gunbot University
    Janice W Chan
    The Letter E Matt Conley
    FudWiser
    UNM NU
    Have You Tried The Tapioca Richard Bonar
    Shopping. io Nigel Wyman Prit Tea
    Radion Barakov
    Mike Minardo
    TouchNJ
    Gerald Nelms CMoney
    Ray Runowski
    PoolingETH . com William A Swier
    Gary Opalka
    Michelle URL
    Marvin Calderon
    Norman Waterman
    Holdon Ihave2sneeze
    Digital Asset News
    Liam O’Cashidey
    Cory Stevens
    RTC 2021
    Forex Lens Inc
    Auspicious Agile & Blockchain
    Yet Another Nick
    Bitsource AML Solutions
    Chris Charles
    Roman Geber
    David Chosrova
    Stuart Niven
    Larry Gooch
    Tyler Winklevoss
    NBKrypto
    Steven Harper
    Ulf Fatman Josefsson Mohammad Tabbaa
    Brian Vaci
    Jeffrey
    Pete Mozar
    Cryptocurrency Logic
    Jonathan Robert Kraus
    Josh Gorcyca
    K9 Ytrup
    Crypto Jedi Truls Lee 3000
    O. Tom Chhuong
    Kaneko Tomonori
    Sir Thomas11_11 Mike McCarty
    Crypto And Beer Shipmate
    ZEN Lunacy
    VV
    Nicola Kenny
    Mr. Smith
    Joey The Happy Farmer
    Damien Walker —————————————– bitcoin,bitcoin news,bitcoin market,bitcoin market update,bitcoin holders,btc,btc news,btc price,bitcoin price,btc market,btc holders,crypto,crypto news,crypto holders,solana,chainlink,altcoin holders,altcoin news,apecoin,cardano,cardano holders,best crypto investments,cryptocurrency news,bitcoin july,stock market crash,crypto update,bitcoin investment,bitcoin forecast,ethereum,binance,binance news,new cryptocurrency,binance coin,nft,nft news

    MORE ...

    The BIGGEST Bull Run In History + This Is HUGE For Crypto & Ripple XRP NFTs Coming?

    2021

    The BIGGEST Bull Run In History + This Is HUGE For Crypto & Ripple XRP NFTs Coming?

    Protect And Store Your Crypto With A Ledger Nano: https://www.ledger.com?r=8af3ed38d3b7 ——————————————- I Make Art Daily, Check It Out! https://opensea.io/collection/the-modern-artist-collection —————————————— Become A Patreon! https://www.patreon.com/TheModernInvestor ——————————————- MY SECOND CHANNEL: https://www.youtube.com/channel/UCH9HlTrjyLmLRS0iE1P4rrg —————————————– Check Out My NFTs – New Pieces Drop Daily! https://rarible.com/tmi —————————————— Open An Account With Binance! https://www.binance.com/?ref=22170588 ——————————————- ———————–
    Want To Send Me A Tip? Bitcoin Donations Address:
    1BYhrLpntMYW97sd8K6fquTcr5MYwPAe2y Ripple (XRP) Donation Address:
    rsoKR5VHJx84oMTYbS7tWg7g5aFebYirVi Ethereum:
    0x0e5f5CEFaA9A0713AB6D8F79E6679E22d86C21f6 DOGE Address:
    DJmfX6vZi6BE1iELwHf2icEMBGz8xKprRM ——————————————————————————–
    Follow Me On Facebook ! https://www.facebook.com/TheModernInvestor Follow Me On Twitter:
    https://twitter.com/ModernInvest ———————————————————————————-
    Very Special Thanks To My Patreon Supporters: Professor Wally From Gunbot University
    Janice W Chan
    The Letter E Matt Conley
    FudWiser
    UNM NU
    Have You Tried The Tapioca Richard Bonar
    Shopping. io Nigel Wyman Prit Tea
    Radion Barakov
    Mike Minardo
    TouchNJ
    Gerald Nelms CMoney
    Ray Runowski
    PoolingETH . com William A Swier
    Gary Opalka
    Michelle URL
    Marvin Calderon
    Norman Waterman
    Holdon Ihave2sneeze
    Digital Asset News
    Liam O’Cashidey
    Cory Stevens
    RTC 2021
    Forex Lens Inc
    Auspicious Agile & Blockchain
    Yet Another Nick
    Bitsource AML Solutions
    Chris Charles
    Roman Geber
    David Chosrova
    Stuart Niven
    Larry Gooch
    Tyler Winklevoss
    NBKrypto
    Steven Harper
    Ulf Fatman Josefsson Mohammad Tabbaa
    Brian Vaci
    Jeffrey
    Pete Mozar
    Cryptocurrency Logic
    Jonathan Robert Kraus
    Josh Gorcyca
    K9 Ytrup
    Crypto Jedi Truls Lee 3000
    O. Tom Chhuong
    Kaneko Tomonori
    Sir Thomas11_11 Mike McCarty
    Crypto And Beer Shipmate
    ZEN Lunacy
    VV
    Nicola Kenny
    Mr. Smith
    Joey The Happy Farmer
    Damien Walker ————————————— Photo credit to:
    https://images.hindustantimes.com/tech/img/2021/12/08/960×540/f4b0c55a-5763-11ec-8b80-57aca72afec1_1638986948487_1638987008812.jpg —————————————– dogecoin,bitcoin,bitcoin news,bitcoin holders,bitcoin price,bitcoin bull run,bitcoin bull market,btc,btc news,btc holders,crypto,crypto holders,shiba inu,altcoin,altcoin holders,xrp,xrp holders,binance,binance news,crypto news,daily bitcoin news,solana,chainlink,cardano,cardano holders,bitcoin update,bitcoin july,ethereum,terra luna,ethereum news,ethereum update,nft,nft news,shiba inu holders,how high can bitcoin go,bitcoin 2023,binance coin

    MORE ...

    Fashion Firm Farfetch Worth More Than $3 Billion Set To Accept Crypto

    Accept Bitcoin

    Fashion Firm Farfetch Worth More Than $3 Billion Set To Accept Crypto

    According to a finance and business news source, Dow Jones Newswires, British-Portuguese online luxury fashion retail platform, Farfetch, has announced its approval of payments in cryptocurrency. This would be launched later in the year on the Farfetch marketplace. Crypto adoption continues to spread widely Merchants all over the world are now turning to digital currency

    The post Fashion Firm Farfetch Worth More Than $3 Billion Set To Accept Crypto appeared first on CoinGape.

    MORE ...

    Altcoin Aversion: Why Bitcoin And Stablecoin Dominance Is On The Rise

    Algorithmic Stablecoin

    Altcoin Aversion: Why Bitcoin And Stablecoin Dominance Is On The Rise

    crypto basset hound

    Bitcoin and the crypto market are back in the red. The first crypto by market cap records a 2% loss in the last 24-hours and could push other digital assets into critical support zones. Related Reading | Bitcoin Indicator Hits Historical Low Not Seen Since 2015 At the time of writing, Bitcoin is one of the best-performing assets in this ranking only surpassed by Binance Coin (BNB) and Ethereum (ETH), according to data from Coingecko. BTC’s price trades at $37,600 with a 7% loss over the past week. After a major outage to its network, Solana (SOL) records a 16% loss and stands as the worst-performing cryptocurrency by market cap. Terra’s native cryptocurrency LUNA closely follows with a 15.5%. These losses seem small when compared to other cryptocurrencies in the top 100 by market cap. Tokens that were higher in the ranking, like Shiba Inu (SHIB) and Avalanche (AVAX), now record as much as 20% losses in one week alone. According to a recent report from Arcane Research, smaller cryptocurrencies have been underperforming in the current market conditions. Investors seem to be fleeting to “safety” as the appetite for risk decreases pending a potential 50 basis point increase from the U.S. Federal Reserve (FED). While Bitcoin and larger cryptocurrencies have been showing a correlation with a 16% loss for April, Arcane Research’s small-cap index and mid-cap index are trending lower. The former record a 30% loss while the latter records a 29% loss over the same period. Conversely, Bitcoin’s dominance has been moving opposite to small coins. This metric stands at 42% with a high probability of extending as macro-conditions continue to prove unfavorable. Arcane Research noted: Stablecoins also see growing dominance. UST has entered the top 10, becoming the first algorithmic stablecoin to achieve this. We now have three stablecoins among the top 10, and 4 among the top 11, illustrating the current flight to safety tendencies in the market. What To Expect From Bitcoin In The Short Term? A separate report from FTX Access claims the market is pricing 50 bps hikes for the upcoming four FED meetings. This would place interest rates at around 2 or 2.5 bps for the end of 2022. Related Reading | Bitcoin Taker Buy-Sell Ratio Rebounds Back Into “Hold” Zone In that sense, FTX Access claims that unless there is a surprise from the financial institution, the market could see some relief: Powell’s tone will be interesting but without raising +75bps or increasing the pace of QT it’s a high bar for a hawkish surprise. Some of this is cause for optimism, but unfortunately sentiment is rock bottom.

    MORE ...