#bnbeth

Senate Banking Committee to Host Hearing on Stablecoins Regulation

Amid growing scrutiny on stablecoins, regulators have become determined to carve out guidelines distinguishing stablecoins legislation from that of other cryptos. In the latest update, the US Senate Banking Committee has declared the timeline for upcoming hearing on Stablecoins regulation, dated December 14, 2021, i.e., coming Tuesday. The hearing is titled – “Stablecoins: How do they work, how…

Defi Hack: BXH Protocol Becomes Latest Defi Victim on BSC, Loses $130 Million

The list of Defi protocols getting hacked continues to grow especially on Binance Smart Chain (BSC) as another decentralized transaction protocol BXH informed earlier today about the hack. The official twitter hadle of the protocol revealed that the attack was limited to BSC and assets on Ethereum, OEC and HECO were safe. We are sorry to announce that BXH was attacked on #BinanceChain. Other…

CAKE Price Analysis: Pancake Swap (CAKE) All Set for A Breakout to Upside

The Pancake Swap DEX on the Binance Smart Chain recently announced the execution of its scheduled token burn via its Twitter handle on 12 October. Its scheduled CAKE burn function results in a token burn of more than 7million CAKE tokens valued at around 132 million USD. The recent Pancake DEX token burn, though significant for CAKE HODLERs fell 21 million USD short of the August burn, which was…

FTX (FTT) Price Analysis: Here’s Why FTT Token Price May Go Parabolic in Next Few Months

Centralized and Decentralized Exchange tokens such as Binance BNB, Uniswap UNI, and Sushiswap SUSHI dominate the asset category. However, many traders and investors have been longing to know if the FTT token of the FTX exchange can create an upset in the crypto derivatives exchange category. Although the BNB and UNI token set the pace for market cap, the FTT token as a fast, up-and-coming crypto…

FTT Price Analysis: FTX Token Price Soars by 20% Last Week, Is FTT the Next BNB?

FTT price has risen over 20% the last week FTT Price has formed an ascending channel over the last week FTT price s being held up by the 50MA Is FTX the Next BNB? FTX Token (FTT) is the backbone of the FTX ecosystem. FTX exchange has been rapidly growing over the last year along with its native token, FTT. FTT has experienced an immense amount of gains throughout the year as prices continue to…

Breaking: US SEC is Reportedly Investigating Uniswap Labs

The US Securities and Exchange Commission (SEC) is reportedly investigating Uniswap Labs, the company behind the popular Decentralized Exchange (DEX) protocol Uniswap. As per a report in the Wall Street Journal, people familiar with the matter revealed that the SEC is looking into user history and how the platform is being used by investors. The investigation is currently in the very early stage,…

CAKE Price Consolidates Within Ascending Channel, Eyes Breakout to $28

CAKE price has risen 27% over the last week CAKE Price has been stuck within an ascending channel 50MA has held as support for a month CAKE Eyeing Breakout to $28? Pancakeswap (CAKE) price has been in a strong uptrend for nearly a month. The rest of the cryptocurrency market has been going berserk as many coins have been surpassing their all time highs. CAKE price has been working its way up to…

DOGE Forms Bull Pennant After 80% Push, Will Bears Allow $0.36?

DOGE price has fallen nearly -10% the past week DOGE Price has formed a bull pennant 70MA has acted as support for nearly a month Will Bears Allow $0.36? Dogecoin (DOGE) has been overall silent over the last month as many coins have went parabolic. The meme hype has surely died down over the last few months and so have the many Doge Coin influencers. Many are questioning why DOGE is not back…