ارزدیجیتال

برچسب: Hits

  • BNB Price Hits $600 As BNB Chain Dominates USDT Transactions


    Binance BNB Chain is calmly commanding attention. In the last month, it has emerged as the top pick for users using USDT (Tether), the world’s most trending stablecoin. With around 12 billion active wallets, at present, BNB Chain has outpaced other major competitors like Ethereum and TRON. 

    So, why are so many users choosing BNB Chain? Let’s take a look.

    BNB Chain Achieves 12M Active USDT Addresses

    According to recent reports from CryptoRank, around 31.1 million wallets used USDT on different blockchain networks in the past 30 days. 

    Among all of these, BNB Chain took the lead with almost 12 million active addresses, surpassing every other network. This indicates that most of the users are selecting BNB Chain for their daily exchanges. It is very fast, features low charges, and is simple to use; it perfectly meets user expectations when transmitting and collecting stablecoins like USDT. 

    TRON took second place with 11.2 million active addresses, which remains a significant number. TRON has consistently been a favoured option for stablecoin exchange. Polygon followed with 2.6 million active addresses, and Ethereum came next with 1.8 million.

    Even though Ethereum used to be the most popular network, its high fees and slow transactions are making users look for cheaper and faster alternatives. Solana and Arbitrum had less than 1 million active addresses each, meaning they are growing, but still not as popular as the top networks.

    BNB Token Burn Scheduled for This Quarter

    As BNB Chain sees more USDT activity, it has also finished its 31st token burn. In this burn, 1.57 million BNB tokens, worth around $916 million, were taken out of circulation.

    This burn is clearly part of BNB’s strategy to gradually reduce its total supply and enhance the token’s worth. At present, the total supply of BNB is approximately 139.3 million, with above 40 million tokens remaining to be burned.

    BNB Price Predictions: What’s Ahead

    After observing the BNB price, at present it is trading at $604, indicating a slight 2% gain as big investors keep buying, even when the market goes up and down. 

    Although the price is staying the same, at present, the overall market trend for BNB seems neutral. The RSI (Relative Strength Index) is at 48.57, meaning the token is not indicating clear signals of rising or falling yet.

    On the other hand, if the RSI (Relative Strength Index) reaches over 50, it could be a clear signal that buyers are steadily gaining dominance, and BNB may be set for a more significant move.

    Read also:- Lazarus Group’s $1B Crypto Trail Tracked by Bybit

    Disclaimer: We at Bitcoinik.com present you with the latest information in the crypto market. However, this information should not be regarded as financial advice, and viewers should consult their financial advisors before investing.

    Header ad



    Source link

  • Crypto Market Hits $2.70 Trillion: What’s Fueling the Growth?

    Crypto Market Hits $2.70 Trillion: What’s Fueling the Growth?


    Crypto Market Hits $2.70 Trillion: What’s Fueling the Growth?

    The cryptocurrency market has skyrocketed to $2.70 trillion, driven by surging institutional interest, groundbreaking blockchain innovation, and shifting global economic conditions. This isn’t just another speculative bubble—crypto is cementing its place in the financial mainstream. What was once dismissed as a niche, volatile asset class is now being embraced by some of the world’s largest financial institutions and tech giants. The adoption curve is accelerating, and digital assets are becoming an integral part of investment portfolios, global transactions, and financial infrastructure.

    Next-gen blockchain tech is scaling fast

    The crypto world is solving its biggest issue: scalability. Ethereum’s rollups (Optimism, Arbitrum) and Bitcoin’s Lightning Network are making transactions faster and cheaper. Solana, Avalanche, and Cardano are gaining traction with high-speed, low-cost alternatives. Businesses are seeing real utility now, and that’s fueling adoption. Privacy-focused solutions like anonymous crypto wallet providers are also gaining popularity, allowing users to secure their assets while maintaining financial confidentiality. These advancements are essential for bringing blockchain technology into mainstream finance, gaming, and decentralized applications (dApps).

    Institutional money is pouring in

    Big money is flooding the crypto space. Asset management giants like BlackRock and Fidelity are integrating Bitcoin into portfolios, while the approval of Bitcoin ETFs has unlocked billions in capital. Banks and hedge funds that once dismissed crypto are now backing it, legitimizing digital assets and drawing in even more investors. The involvement of financial heavyweights lends credibility to the industry, further reinforcing crypto’s position as a legitimate asset class.

    Bitcoin’s supply shock approaches

    Bitcoin’s halving in 2024 slashed mining rewards from 6.25 BTC to 3.125 BTC. Historically, supply cuts drive prices up as demand intensifies. Investors are already positioning for the inevitable price surge, accelerating market momentum. The predictable nature of halving events makes Bitcoin unique in financial markets, attracting long-term investors who see it as a scarce digital asset similar to gold.

    DeFi and NFTs keep building

    Decentralized finance (DeFi) is disrupting traditional banking, with billions locked into protocols like Uniswap, Aave, and MakerDAO. Investors can lend, borrow, and trade without intermediaries, providing financial inclusion for millions worldwide. At the same time, the NFT space, while volatile, remains a major force in digital ownership and gaming, keeping blockchain innovation alive and relevant. The rise of Web3 gaming, metaverse projects, and tokenized assets is reshaping how we perceive ownership and online economies.

    Stablecoins and crypto payments are going mainstream

    Stablecoins like USDT, USDC, and DAI are bridging the gap between traditional and crypto finance. Their stability makes them ideal for payments, remittances, and DeFi applications. Companies like PayPal, Tesla, and Visa are embracing crypto transactions, making digital assets part of everyday commerce. Cross-border payments are becoming faster and cheaper with stablecoin adoption, reducing dependency on expensive and slow traditional banking systems.

    Inflation and economic uncertainty are driving adoption

    As inflation devalues traditional currencies, Bitcoin is emerging as digital gold. Countries facing financial crises, like Argentina and Turkey, are witnessing a surge in crypto adoption. The decentralized nature of digital assets is attracting investors looking for safe havens beyond government-controlled financial systems. Additionally, developing nations with unstable banking infrastructures are turning to crypto as an alternative means of storing wealth and transacting across borders.

    Regulations are providing clarity, not fear

    The days of crypto being a regulatory gray area are fading. Governments worldwide are crafting policies that protect investors while encouraging innovation. Structured regulations in the U.S., UK, and UAE are reducing uncertainty, bringing confidence to institutional and retail investors alike. Countries that embrace clear regulations are seeing a surge in blockchain startups, job creation, and innovation hubs.

    Social media and influencers are fueling momentum

    Crypto is a movement as much as a market. Tweets from Elon Musk, insights from Michael Saylor, and discussions on Reddit and TikTok shape sentiment and drive investment. The viral nature of crypto ensures that trends spread quickly, amplifying both adoption and market cycles. Meme coins like Dogecoin and Shiba Inu continue to thrive due to strong community backing, proving that social media can turn speculative assets into major market players.

    Retail investors are more engaged than ever

    With user-friendly platforms like Binance, Coinbase, and Kraken, anyone can trade crypto. Mobile apps and automated investment strategies like dollar-cost averaging make market entry simple, fueling broader participation. The gamification of investing, along with the rise of decentralized exchanges (DEXs), is giving users greater control over their assets without relying on traditional financial institutions.

    The road ahead

    The crypto bull run is gaining steam, but risks remain. Regulation, technological evolution, and macroeconomic forces will shape the future. Yet, one fact is undeniable: crypto is no longer an experiment. It’s a global financial revolution, and the market’s relentless growth suggests the best is yet to come. As blockchain continues to disrupt industries ranging from finance to healthcare, supply chains, and entertainment, the long-term potential of digital assets is immense. The journey to mass adoption is still unfolding, and those who understand its transformative power stand to benefit the most.



    Source link

  • Ethereum Sinks & DOT Hits 5-Year Low, But BlockDAG Rallies Toward TGE with A Thriving Beta Testnet—Offers $60K in Rewards!

    Ethereum Sinks & DOT Hits 5-Year Low, But BlockDAG Rallies Toward TGE with A Thriving Beta Testnet—Offers $60K in Rewards!


    ​Ethereum has been struggling to keep up lately, with recent Ethereum news highlighting a drop below $1,500 and signals of deeper weakness in both demand and network activity. A similar trend is playing out in the Polkadot (DOT) price, which just hit a five-year low after losing key support levels.

    But while these established names face headwinds, BlockDAG (BDAG) is heading in the opposite direction. Its beta testnet is officially live, and to kick things off, the team is offering $60,000 in rewards to 30 users—based on mining activity, wallet use, and coin balances.

    Add to that the return of its Chest Boost bonus system, where each purchase unlocks higher multipliers, and it’s easy to see why the presale has already topped $214 million ahead of the upcoming Token Generation Event.

    Ethereum News: Value Under Pressure from ETF Outflows

    Recent Ethereum news is drawing attention as ETH slips below the $1,500 mark, weighed down by weak ETF demand, bearish on-chain metrics, and fading network activity.

    Analysts point to Ethereum trading beneath its realised price—a sign of potential capitulation among holders. Investment flows into spot Ethereum ETFs have also reversed, with over $90 million withdrawn in recent weeks. 

    At the same time, key metrics like open interest in futures and user activity on the network continue to decline. According to recent Ethereum news, some projections now place a possible price bottom near $1,000 if current conditions persist.

    Polkadot Value Hits 5-Year Low: Is Short-Term Rebound Next?

    The Polkadot (DOT) price reached a five-year low of $3.25 on April 9, dipping below its long-standing $3.70 support zone. This decline confirms a breakdown from both horizontal and ascending support levels, with technical indicators—like a falling RSI and negative MACD—signaling ongoing bearish pressure.

    However, the daily chart shows a potential for a short-term recovery. A completed five-wave pattern and bullish divergence in the MACD suggest that a rebound could follow. If a breakout occurs, analysts project the Polkadot price might climb toward the $6.50–$7.50 range before any longer-term trend resumes.

    BlockDAG Offers $60K & 5X Rewards as TGE Countdown Begins

    BlockDAG’s Beta Testnet launch is pulling serious weight thanks to a $60,000 incentive campaign that rewards real network activity ahead of its official debut. The setup is simple but smart: $2,000 in BDAG will go to each of the top 10 miners, the 10 most active wallets, and the 10 wallets holding the highest testnet balances.

    This structure gives participants a reason to dig in and interact with mining, staking, and wallet functions—all while pressure-testing the system before the Token Generation Event. It’s a hands-on way to validate the network under real-use conditions.

    At the same time, BlockDAG has brought back its popular Chest Boosts system. It kicks off with an automatic 5X reward on the first purchase. These rewards escalate with each purchase, unlocking up to four increasingly rewarding chests. Every new purchase brings a bigger multiplier, turning early support into a kind of progression game. This reward style has caught fire, creating stronger momentum across the community and helping drive the project’s already fast-growing presale totals.

    The BDAG coin presale stats tell the story: over $214 million raised, 19.2 billion coins sold, and a value increase of 2,380% from $0.001 to $0.0248 by batch 27. With the TGE approaching, these entry prices are nearing their final stretch.

    Analysts now rank BlockDAG among the crypto coins to watch, citing its active community, strong development roadmap, and potential for substantial returns up to 30,000X ROI. As the project shifts closer to public listing, the opportunity to buy BDAG at this low presale price will soon become part of its early history.

    Final Takeaway

    Ethereum’s outlook remains cautious, with recent Ethereum news pointing to lingering weakness unless key metrics reverse course. The Polkadot price may find short-term relief, but long-term recovery hinges on breaking past resistance.

    Meanwhile, BlockDAG is in an entirely different lane. Its beta testnet is live, $60K in rewards are flowing, and the presale is surging past $214 million. With prices already up 2,380% and the chest bonuses active—for a limited time—there’s a clear sense that this early phase won’t last much longer.

    As the Token Generation Event draws closer, BlockDAG is quickly becoming one of the best crypto coins to watch. However, once the presale ends, current entry points will disappear for good.

    Presale: https://purchase.blockdag.network

    Website: https://blockdag.network

    Telegram: https://t.me/blockDAGnetworkOfficial

    Discord: https://discord.gg/Q7BxghMVyu ​

    Disclaimer: The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets. Past returns do not always guarantee future profits.



    Source link