Binance Coin (BNB) has emerged as one of the top gaining crypto assets in recent times. The coin that runs through the veins of cryptocurrency exchange giant Binance currently trades at roughly $15, according to CoinMarketCap crypto table.BNB’s Recent Price Action
The cryptocurrency market still seems under the bearish territory, especially since November 2018 when Bitcoin tumbled from mid $6,000 range to late $3,000 range. Currently, the premier cryptocurrency trades at $3,922.
U.S. cryptocurrency exchange Coinbase will open trading of four more cryptocurrencies for U.K.pound sterling (GBP) Friday, a blog post confirmed Wednesday, September 5.
Following a deal with UK bank Barclays to open access to the country’s Faster Payments network in March, residents will now be able to trade altcoins Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC) and Bitcoin Cash (BCH) for GBP, in addition to the existing Bitcoin (BTC).
“With support for UK domestic bank transfers in GBP via the Faster Payments Scheme, it is now significantly easier, faster and cheaper for UK customers to trade cryptocurrencies on the Coinbase platform,” the post [...]
The cryptocurrency segment had a relatively quiet weekend after an eventful and volatile week, with the major coins mostly holding on to their gains. The divergence between the largest currencies continued, with some of the leaders of the recent rally remaining strong, giving hope for bulls that the move could be more than just a counter-trend correction.
That said, the largest altcoins are weak, and with Ethereum and Ripple both struggling to gain momentum, the rally in the coins with smaller capitalization remains suspicious in the light of the broader technical setup. The long-term downtrend is still [...]
An overnight spike in Bitcoin made headlines in the cryptocurrency segment today, as the largest coin unexpectedly surged past the $6750 level. The coin is now back to pre-spike levels and BTC’s rally wasn’t enough to trigger a broad move in the other top coins, and that once again confirmed the strong selling pressure on altcoins. With most of the coins stuck in downtrends, bulls still face a huge mountain to climb before a trend change, and traders should still remain on the sidelines.
With still no signs of a developing bullish leadership, a test of last week’s lows seems likely in the case of most of [...]