BNB recovered above $970 over the last 24-hour period after briefly falling to $953 during a volatile stretch that saw the token lose as much as 2.3% before it started recovering. The move comes amid mounting selling pressure driven by both technical breakdowns according to CoinDesk Research’s technical analysis data model. The initial drop, which…
The co-CEO of cryptocurrency exchange Kraken criticized the U.K.’s rules on promoting crypto, saying that warnings companies are required to place on their websites hinder retail investors and expose them to potential losses, the Financial Times reported on Wednesday. “In the U.K. today, if you go to any crypto website, including Kraken’s, you see the…
The crypto market continued to consolidate on Wednesday with crypto majors bitcoin BTC$103,360.58 and ether ETH$3,545.97 losing less than 1% while privacy tokens such as decred DCR$33.00, up 22%, DASH and XMR extended their market outperformance. The overall crypto market cap is down by 0.6% in the past 24 hours to $3.51 trillion, although it…
