Crypto News Center

BNB Bulls Eye Recovery After $1 Billion Quarterly Burn Shrinks Supply

On November 1, BNB Chain announced the completion of its 29th quarterly burn, effectively decreasing the cryptocurrency’s total supply. Following this event, Binance Coin (BNB) bulls are eager to capitalize on the reduced supply to drive the token’s price upward. But will they succeed? This analysis looks at the possibility by employing some on-chain and technical indicators. Token Burn Drives Change in Binance Coin Sentiment In a recent blog post,...

What is the Bitcoin power law?

Can we predict Bitcoin's development and trajectory through time like we do in physics? The Bitcoin power law could hold the answers. Key Takeaways The Bitcoin power law is criticized for overfitting data and lacking predictive reliability. Proponents argue the power law applies broadly across Bitcoin's metrics, suggesting potential for future growth predictions. Crypto is a shifting and complex space. As it matures, analysts and enthusiasts are constantly seeking ways...

Ethereum ETF: Exploring New Opportunities Amidst Price Surge in the Cryptocurrency Market

The recent price surge of Ethereum, coupled with the potential approval of Ethereum Exchange-Traded Funds, offers renewed optimism and investment opportunities in the cryptocurrency market. Market Volatility and Investor Uncertainty in Cryptocurrencies The cryptocurrency market has long been characterized by high volatility, leaving investors grappling with uncertainty. Amidst this environment, Ethereum, the second-largest cryptocurrency by market capitalization, has been trading within a limited range, raising questions about its growth potential....