FTX Token, BNB and Solana soar after Binance CEO inks potential deal to acqui...
SOL and FTX Token saw a sharp rebound after headlines that Binance would acquire FTX due to liquidity issues, but will the upside last? FTX Token (FTT) and Solana’s SOL (SOL) endured a tough weekend of trading that saw altcoins take double-digit losses in the 15%–30% range, but the tide turned as news broke that Binance could be in the process of acquiring FTX.On Nov. 8, FTX CEO Sam Bankman-Fried first took to Twitter to announce a liquidity-sharing partnership with Binance. Changpeng “CZ” Zhao, CEO of Binance, agreed to step in and provide liquidity to what was beginning to look like a....
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After Binance and FTX engaged in a word war on social media – and eventually making amends (well, sort of; Binance said today it’s buying FTX) – Solana got dumped violently. Solana’s native token, SOL, is trading in the red across all time frames, as reported by CoinGecko, lending credence to the bearish claims. When asked what a Binance deal for FTX meant for Solana, Ran Neuner of CNBC Crypto Trader and founder of Crypto Banter referred to SOL’s pricing issues. In a tweet, he said: “Solana [is] getting killed.” He claims that the market has only....
On Wednesday, the firm Blockchain.com announced it inked a deal with the NFL’s Dallas Cowboys as the team’s “exclusive digital asset partner.” The deal will bring Blockchain.com a great deal of exposure in terms of television, signage, and radio and the digital currency company will also have its own club space inside AT&T Stadium in Arlington, Texas.
Blockchain.com Becomes the ‘Exclusive Digital Asset Partner’ for the Dallas Cowboys
Blockchain.com is joining a large swathe of digital asset companies targeting sports as the firm that was....
While the crypto market faced a pullback, BNB coin has added substantial gain in the last 7 days. The native token of the world’s largest crypto exchange registered over 20% profit, joining the top gainers for the week besides Dogecoin. The token has also enjoyed a 24-hour trading volume uptick. Specifically, over $1.1 million worth of BNB tokens have changed hands in the last day, representing a 9.45% increase. As of writing, BNB trades at $349, a 4.74% gain on the day. Related Reading: XRP Price Spikes 10% and Could Extend Rally To $0.55 or Higher There’s no major catalyst for the BNB....
What a year it has been for FUN Token. From being acquired by a Bitcoin casino with 41 million users to making a brief but powerful foray into the Top 100, FUN Token has done it all in 2021. And it’s only April. Seeing the rising demand for the token, Binance has announced the FUN […]
During the first week of September, the Wormhole Network’s ethereum solana bridge was introduced to the Solana community and the following week, developers released a bi-directional connection for blockchain non-fungible token (NFT) collectibles. On Monday, the Wormhole dev team revealed it has added Binance Smart Chain support to the token and NFT bridge platform.
Wormhole Now Connects Solana to Binance Smart Chain
The crypto asset solana (SOL) has propelled its way to the top seventh position, in terms of market valuation, among 10,000+ digital assets in existence.....