GG
Binance Coin (BNB) Price Caught in Crucial Area Amid Liquidity Rush
Like many altcoins, Binance Coin (BNB) did not escape Monday’s market bloodbath as the price nearly slid below $400. Two days later, the altcoin’s value has increased and is close to retesting the psychological $500 region. However, as the coin attempts to reach this landmark, it finds itself at a critical juncture that could either confirm or nullify the prediction. Crucial Test Ahead for Binance Coin According to the liquidation heatmap, a high concentration of liquidity is located at $520.65, and another one is at $463.23. In simple terms, the heatmap spots price levels where large-scale liquidations may occur. As...
SEC withdraws claims that ADA, MATIC, and SOL are securities in its Binance lawsuit
Los Angeles, United States, July 30th, 2024, Chainwire DSCVR, the largest web3 social media and community-building platform, announces the launch of Canvas, a groundbreaking framework that enables developers to effortlessly build and integrate custom applications directly into DSCVR’s social feeds. With just a few tweaks any web application can be made into a Canvas application. Combined with DSCVR’s API, Canvas provides an easy-to-build framework to launch and distribute embedded apps on the DSCVR platform. Canvas apps can have rich interfaces previously unseen in Web3 social that extend beyond the existing frame standards of buttons and textboxes to support games, interactive...
Ethereum (ETH) Price Shows Signs of Recovery: Analysts Eye Potential 100% Rally
TLDR Ethereum’s price has started a recovery wave, rising above $2,350 after dropping to a low of $1,910. Technical indicators suggest ETH could climb higher if it clears the $2,680 resistance zone. Ethereum’s rebound shows similarities to a pattern from October 2023 that preceded a 178% price rally. On-chain metrics like the MVRV Z-Score and STH-NUPL indicate ETH may have hit a bottom. Some analysts predict ETH could potentially rally 100% or more before the end of the year if historical patterns repeat. Ethereum, the second-largest cryptocurrency by market capitalization, is showing signs of a robust recovery after experiencing a...
