BNB price recoiled to $622 on Friday, November 15 as the recent bull run faded. It has dropped by over 6% from its highest level this week, bringing its market cap to $89 billion. This retreat mirrored the performance of other popular cryptocurrencies like Bitcoin and Ether. Still, analysts are optimistic that the Binance Coin price has more room to run, as bulls target $1,000. BNB Price Could Rebound As
A closely followed crypto analyst believes that one red-hot Solana (SOL)-based memecoin still has more upside potential. Pseudonymous analyst Altcoin Sherpa tells his 228,800 followers on the social media platform X that Goatseus Maximus (GOAT) may soon break out of the upper bound of a trading range. “GOAT got flipped by Act I:The AI Prophecy (ACT) briefly but still feel like it has greater upside in the longer term. Consolidation
Billionaire entrepreneur Elon Musk has intensified his battle against OpenAI and Microsoft by filing a revised lawsuit on November 14. The legal move accuses the tech giants of monopolistic practices in the generative AI sector. Musk’s company, xAI, and Shivon Zilis, a Neuralink executive and former OpenAI board member, are among the plaintiffs challenging the alleged anticompetitive collaboration. Elon Musk Revises Lawsuit Against OpenAI & Microsoft The amended lawsuit filed
A widely followed crypto analyst believes one decentralized finance (DeFi) altcoin is gearing up for a massive breakout. Pseudonymous crypto trader Credible Crypto tells his 434,600 followers on the social media platform X that the DeFi protocol Curve Finance/Bitcoin pair (CRV/BTC) is showing bullish divergence on the two-week chart. A bullish divergence, which suggests price will start to increase, occurs when the price of assets records lower lows while indicators,
Upbit, the leading South Korean crypto exchange, is under investigation for KYC violations during its license renewal process. The Financial Intelligence Unit (FIU) discovered over 500,000 cases of improper customer verification. The violations have raised concerns about money laundering risks. The exchange’s ability to renew its license is now in jeopardy. Authorities are closely examining the full extent of the issue and its potential impact on the exchange future. Major
An analyst is leaning bullish on Bitcoin (BTC) amid the flagship crypto asset’s rally to a new all-time high of around $93,500. The analyst pseudonymously known as Rekt Capital tells his 95,400 YouTube subscribers that Bitcoin has finally broken into the “parabolic phase of the cycle.” “So we’re going to see multiple weeks of upside… before we see the first sort of correction.” According to the pseudonymous analyst and trader,
Bitcoin Crash: The BTC price has been on the investors’ radar lately, especially as the crypto has noted a retreat today. This dip comes as the crypto has recently touched its ATH crossing the $93,000 mark this week. Now, as investors seek clarity on the potential factors that might have triggered the recent pullback, we explore some of the top reasons behind the BTC slump. Bitcoin Price Crash: Why Is
Galaxy Digital CEO Mike Novogratz is forecasting the potential price trajectory of Bitcoin (BTC) if the incoming administration of President-elect Donald Trump adopts the crypto king as a strategic reserve asset. In a Bloomberg interview, Novogratz says that Bitcoin could skyrocket by over 400% from the current level if the US builds a strategic BTC reserve as the Wyoming Republican Senator Cynthia Lummis promised soon after Trump won the presidential
The global crypto markets have toppled $3 trillion in the aftermath of the Trump US Presidential win. According to data from crypto data aggregator CoinGecko, crypto’s total market cap now rests at $3.076 trillion, down 5% in the last 24 hours from a market cap of $3.184 trillion. Bitcoin (BTC) has led the way, up 17.3% from a week ago, currently trading for $89,207. According to a recent Reuters report,
A widely followed crypto analyst says that one Ethereum (ETH) layer-2 scaling solution appears to be a cusp of a rally that would see it print gains of over 200%. In a new strategy session, crypto trader Michaël van de Poppe tells his 736,000 followers on the social media platform X that Polygon (POL) rival Optimism (OP) could hit a new all-time high (ATH) by the start of next year
