Asset manager Standard Chartered predicts that Binance’s ecosystem token, BNB, could more than double in price this year, according to an analyst report reviewed by Cointelegraph. The asset manager sees BNB’s price rising to approximately $1,275 per token by the end of 2025 and as high as $2,775 by the end of 2028, according to…
Key Takeaways: The Bitcoin Risk-Off signal dropped to 23.7, its lowest since March 2019, indicating low correction risk and a high likelihood of a bullish trend developing. Despite the recent decline in network activity, bullish macro indicators like the Macro Chain Index (MCI) suggest Bitcoin could soon rally above $100,000. On May 5, the Bitcoin…
TL;DR: Not sure if you’re in a bull or bear market? This guide breaks down how to spot the difference using price action, volume, sentiment and onchain data. Learn how to recognize market cycles, what signals to watch for and how to adjust your strategy for each phase so you can trade smarter. Crypto markets…
Key Takeaways: The Bitcoin Risk-Off signal dropped to 23.7, its lowest since March 2019, indicating low correction risk and a high likelihood of a bullish trend developing. Despite the recent decline in network activity, bullish macro indicators like the Macro Chain Index (MCI) suggest Bitcoin could soon rally above $100,000. On May 5, the Bitcoin…
For months, Cointelegraph took part in an investigation centered around a suspected North Korean operative that uncovered a cluster of threat actors attempting to score freelancing gigs in the cryptocurrency industry. The investigation was led by Heiner Garcia, a cyber threat intelligence expert at Telefónica and a blockchain security researcher. Garcia uncovered how North Korean…
Opinion by: Barna Kiss, CEO of Malda An idea recently floated by some prominent thinkers in the Ethereum space to reclaim value for the mainnet is the taxing of its Layer-2s. The future of Ethereum does not depend on policy but on enabling frictionless capital movement between the L2s in question. Tariffing rollups may appear…
Binance co-founder Changpeng “CZ” Zhao expects Bitcoin’s price to top at $500,000 to $1 million during this market cycle. During an interview with Rug Radio published on May 5, Zhao said that he expects Bitcoin to reach up to one million dollars during this market cycle. He also highlighted the role of Bitcoin spot exchange-traded…
Why finance veterans are still skeptical about blockchain Blockchain has been part of the finance conversation for over a decade now. Yet many professionals remain cautious. Many seasoned professionals in finance, wealth management and economics often question blockchain’s relevance, asking, How exactly is blockchain supposed to fit into what we already do? This question reflects…
Key takeaways: Ripple’s end-to-quarterly market report fuels uncertainty, impacting XRP price negatively. Low open interest in XRP futures signals weak trader confidence. XRP price technicals weaken with resistance at $2.27 and declining RSI. XRP (XRP) fell on May 6, down 3% in the last 24 hours to trade at $2.09, due to numerous factors. Its…
Key takeaways: Bitcoin’s Coinbase premium index turned negative for the first time in 15 days, indicating defensive short-term sentiment among US investors. Bitcoin CME futures gaps between support at $92,000-$92,500 and resistance at $96,400-$97,400 suggest a period of range-bound trading. Bitcoin’s Coinbase premium index, which measures the gap between BTC price at Coinbase Pro and…
