The crypto is showing signs of a gradual recovery after a long bearish cycle. Two tokens, Ethereum and Binance Coin, are preparing to take advantage of this positive trend to reach new highs.
Meanwhile, a user-friendly trading platform, Intel Markets, caught the attention of the crypto community. Analysts say Intel Markets has what it takes to transform the global crypto trading market valued at $36.5 billion.
Whales Move 300K Ethereum (ETH) To Coinbase
Whale Alert has reported a large transaction of 300,000 ETH to Coinbase. Two addresses were used for the transfer with each sending 150,000 ETH. Presently, the reason for the transfer is unknown.
While it could be a sell attempt, it could also be whales just shuffling their wallets. In the meantime, the Ethereum price is l on an uptrend. It has little gains on the weekly and biweekly levels. The coin’s market cap has also increased and is currently fluctuating between $250 billion and $425 billion.
SatoshiFlipper predicts the value of the Ethereum coin could rise to $4k in the coming weeks. Another analyst, CryptoChimpanz, told his followers a “God candle” is loading. He posted a chart on his X account, which showed the Ethereum price USD rising to its current all-time high.
Binance Labs Invest in Four Crypto Startups
The investment arm of Binance, Binance Labs, has just invested in four crypto startups. The startups are the winners of the platform’s just concluded Most Valuable Builder (MVB) Accelerator program. The four winners are Aggregate, Opinion Labs, SideKick, and Vooi.
In other news, Binance Coin BNB has been on a rally after it bottomed out at $400 on August 5. The cryptocurrency turned the 50-day moving average into support and has remained above it in the past weeks. Also, the Relative Strength Index (RSI) of Binance Coin crypto is above the 50 mark.
These two signs show the token is bullish. It also supports the chances of more gains in the coming weeks. Market analysts say Binance Coin price must cross the resistance level at $603.63 to continue its uptrend. In the meantime, the coin’s market cap is oscillating between $60 and $90 billion.
Intel Markets Building the Next Millionaire Traders
Intel Markets (INTL) is taking a different approach to trading by building a community of traders who will become the next millionaires. The project will provide them with the best trading tools in the market, which will allow them to monitor price movements in real-time and from anywhere in the world.
Some of these tools include advanced chart software, customizable indicators, and an AI trading bot. Also, Intel Markets is not like other trading platforms. It is very accessible. Anyone can access Intel Markets on a mobile device or on a computer. The platform is also very secure.
Cyberscope has evaluated its smart contracts to ensure there are no bugs or errors. Meanwhile, Intel has launched a private seed round for its native coin, INTL. The token is priced at $0.009 and has many use cases in the Intel Markets ecosystem. Analysts have predicted a surge to $0.11 before the year ends.
Why Intel Markets Can Rival Binance Coin and Ethereum
Intel Markets is a user-based trading project. It is user-friendly and easy to navigate. This makes it a good platform for new traders. It also has advanced trading tools for experts.
Discover More About Intel Markets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
The post Ethereum and Binance Coin Preparing To Soar, New User-Friendly Trading Platform Arises appeared first on Blockonomi.
