Cryptocurrencies Price Prediction: Bitcoin, Binance Coin & Cardano — Asian Wrap 26 May
|Bitcoin price struggles to breach $27,000 as miners sell 1,000 BTC worth $27 million
The concerns regarding Bitcoin price recovery are spreading in the crypto market. Beyond impacting the price of other cryptocurrencies, the bearishness is also reaching miners. The worries surrounding the US debt ceiling are being felt but not reflected in the stock market.
BNB price readies for a breakout as Binance exchange makes foray into NFT lending space
Binance exchange has made its foray into the non-fungible token (NFT) lending space after launching a new feature on its platform on May 25. Based on the announcement, the feature allows users to leverage NFTs as collateral in securing loans.
Cardano price might observe a 10% rally as ADA whale volumes hit a 12-month high
Cardano price, since mid-April, has been on a downtrend, just as Bitcoin, Ethereum and many other cryptocurrencies have been. Thus most of the altcoin's recovery is dependent on broader market cues. However, ADA might have an additional factor in play in the form of its whales.
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