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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure With its price surging sharply to new all-time highs this year, BNB (The Binance native coin) is now one of the best-performing cryptocurrency assets in the ongoing bull market cycle. While the altcoin is currently holding strong above the $1,300 price mark, several key factors have been identified as likely responsible for the recent upward trend to new heights. What Pushed The price Of BNB To New Highs BNB keeps surpassing market expectations, breaking through barriers, and reaching new all-time highs as the cryptocurrency market is swept…
Wall Street giant Citi (C) initiated coverage of crypto exchange OSL (0863) with a buy/high risk rating and a target price of 21.80 Hong Kong Dollars ($2.80), or 22 times projected 2025 price-to-sales. Citi said OSL is well positioned as a regulated digital-asset trading and payments platform, with strong growth prospects tied to institutional crypto adoption and stablecoin-related products. The bank projects revenue growth of 80%, 60% and 36% in 2025, 2026 and 2027, driven by payment finance (PayFi) expansion and a broader regulated market footprint.The firm’s analysts highlighted OSL’s regulatory-first strategy, noting its more than 50 licenses across 10…
An attempted bitcoin BTC$120,809.51 rally back toward a record high was quickly snuffed out and reversed in morning U.S. action on Thursday.Trading just below $124,000 just ahead of the opening of the stock market, bitcoin pulled back to below $121,000 about ninety minutes later. The action happened alongside pullbacks in previously red-hot gold and silver markets.Gold has been making most of the headlines of late, but the action in silver may have been today’s driver. Up 50% from the April lows, the metal hit $50 per ounce for the first time ever on Thursday. That level, though, spurred some fast…
On Capitol Hill, Senator Cynthia Lummis wants to make Bitcoin “everyday money.”The Wyoming Republican is quietly drafting legislation that could do what years of evangelism never managed: make buying coffee with Bitcoin practical again.Her proposal, a de minimis tax exemption for small crypto transactions, would let Americans spend a few hundred dollars’ worth of BTC without triggering capital-gains paperwork.Lummis revealed on Oct. 9 that the exemption is part of a broader digital-asset tax framework she’s crafting. She urged constituents to press their representatives to back the measure.The subtle rule change could shift Bitcoin from an investment asset to everyday money.…
Crypto analyst PlanB has explained why the Bitcoin price may never drop below $100,000 again. This comes as market participants continue to speculate on whether the flagship crypto could fall below this psychological level if a full-blown bear market were to occur. Bitcoin Price Has Likely Turned $100,000 Into Support PlanB stated in an X post that he will not be surprised if the Bitcoin price does not drop below $100,000 again as the market witnesses the $100,000 resistance turn into $100,000 support. The analyst further noted that the September close was the fifth consecutive monthly close above that psychological…
Key takeaways:Bitcoin retained range-bound trading above $120,000 after an 8% leverage reset in futures.Spot demand and declining open interest point to renewed buyer confidence.The MVRV ratio signaled a potential 15% to 25% upside, targeting $140,000 to $150,000 by the end of Q4.Bitcoin (BTC) continued to range trade between $120,000 and $125,000 after a sharp, but orderly, deleveraging across futures markets, suggesting that $120,000 could emerge as a key demand zone for traders in the short term.According to market analyst Skew, Bitcoin’s recent rebound from the $120,000 level underscored buyer bids at that range. Spot market data from Binance indicated an…
ShapeShift, a decentralized non-custodial trading platform, is teaming up with Zcash to bring shielded transactions directly to its users. Summary Decentralized non-custodial exchange ShapeShift has integrated with Zcash to enhance network privacy for users. The integration will see users benefit from shielded transactions across Bitcoin, Ethereum and other blockchains. Zcash community has allocated a $50,000 grant to ShapeShift. ShapeShift’s integration with the privacy-focused blockchain network is a major move that sees the trading platform join a small group of exchanges tapping into shielded transactions for true on-chain privacy. More than that, integrating with Zcash means the community-led multichain decentralized exchange…
XPL drops 14% in 24h, returning to key support at $0.75 as RSI hits oversold and Open Interest stays above $1B. Plasma (XPL) has recorded a sharp decline after its recent rally. The token is now priced around $0.75, reflecting a 14% drop in the last 24 hours and 23% over the past week. The move follows a brief push that took the price as high as $1.07 in the past seven days. Price Back at Support Area Meanwhile, the price has returned to a support range between $0.74 and $0.78, where previous consolidation and a rising trendline converge.…
BNB, the native token of BNB Chain and widely used for transaction fee discounts on Binance, fell more than 2% in the last 24-hour period amid a trading volume spike and as BNB Chain memecoin trades unwind.The token dropped from $1,308 to a low of $1,255 earlier in the session, recovering to $1,270, where it’s currently trading. The selloff was met with high-volume buying near the $1,255-$1,280 range, signaling potential institutional accumulation at lower prices, according to CoinDesk Research’s technical analysis model.Despite a modest bounce, BNB struggled to reclaim key resistance near $1,320, leaving short-term bearish pressure intact.This turbulence came…
Key takeawaysA new wave of DEX wars has shifted from token incentives to a focus on speed, leverage and sustainable infrastructure.Hyperliquid continues to lead the market with over $300 billion in monthly volume, strong liquidity and rising institutional adoption.Aster’s growth is powered by airdrops, Binance-backed credibility and leverage that attract professional traders.Lighter is gaining momentum through its Ethereum layer-2 speed, zero-fee trading model and exclusive points-based yield farming system.Platforms like SushiSwap, PancakeSwap and Curve leveraged yield farming and governance token incentives to attract liquidity. This approach catalyzed rapid capital formation, bringing billions of dollars onchain within a short time.Those early…