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🔥🔥🔥 #BNB🔥 Chain: opBNB Sets New Record for Daily Transactions with 3.37 Million Txs at 40 TPS 🔥🔥🔥 BNB Chain's opBNB platform has set a new all-time high for daily transactions, processing 3.37 million transactions in a single day at an impressive 40 transactions per second (TPS). This achievement highlights the growing popularity and scalability of BNB Chain, which is now one of the busiest blockchains in the world. BNB Chain is a high-performance blockchain ecosystem that supports a wide range of decentralized applications (DApps) and use cases. opBNB is a key part of this ecosystem, providing a fast, secure, and low-cost solution for DApp developers. The growth of #opbnb is being fueled by a number of factors, including: - The increasing popularity of BNB Chain's BEP-16 standard, which is a more efficient and scalable alternative to the Ethereum Virtual Machine (EVM). - The growth of the GameFi sector, which is generating a significant amount of traffic on BNB Chain.The launch of new #dApps on BNB Chain, such as PancakeSwap and ApeSwap. - As opBNB continues to grow, it is expected to play an increasingly important role in the BNB Chain ecosystem. The platform is well-positioned to support the growth of DApps and the wider adoption of BNB Chain. Here are some of the key takeaways from this news: - opBNB is a fast, secure, and low-cost solution for DApp developers. - opBNB is playing an increasingly important role in the BNB Chain ecosystem. - The growth of opBNB is being fueled by a number of factors, including the increasing popularity of BEP-16, the growth of GameFi, and the launch of new DApps. Overall, this is a positive development for BNB Chain and the wider cryptocurrency industry. It shows that BNB Chain is a scalable and popular blockchain with a bright future. #CryptoNews🔒📰🚫 #BinanceSquare $BNB

🔥🔥🔥 #BNB🔥 Chain: opBNB Sets New Record for Daily Transactions with 3.37 Million Txs at 40 TPS 🔥🔥🔥

BNB Chain's opBNB platform has set a new all-time high for daily transactions, processing 3.37 million transactions in a single day at an impressive 40 transactions per second (TPS).

This achievement highlights the growing popularity and scalability of BNB Chain, which is now one of the busiest blockchains in the world. BNB Chain is a high-performance blockchain ecosystem that supports a wide range of decentralized applications (DApps) and use cases. opBNB is a key part of this ecosystem, providing a fast, secure, and low-cost solution for DApp developers.

The growth of #opbnb is being fueled by a number of factors, including:

- The increasing popularity of BNB Chain's BEP-16 standard, which is a more efficient and scalable alternative to the Ethereum Virtual Machine (EVM).

- The growth of the GameFi sector, which is generating a significant amount of traffic on BNB Chain.The launch of new #dApps on BNB Chain, such as PancakeSwap and ApeSwap.

- As opBNB continues to grow, it is expected to play an increasingly important role in the BNB Chain ecosystem. The platform is well-positioned to support the growth of DApps and the wider adoption of BNB Chain.

Here are some of the key takeaways from this news:

- opBNB is a fast, secure, and low-cost solution for DApp developers.

- opBNB is playing an increasingly important role in the BNB Chain ecosystem.

- The growth of opBNB is being fueled by a number of factors, including the increasing popularity of BEP-16, the growth of GameFi, and the launch of new DApps.

Overall, this is a positive development for BNB Chain and the wider cryptocurrency industry. It shows that BNB Chain is a scalable and popular blockchain with a bright future.

#CryptoNews🔒📰🚫 #BinanceSquare $BNB

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🔥🔥🔥 #Ethereum Price May Have Another Chance For A #bullish Streak: Here’s How Ethereum's price is displaying encouraging signals above the $3,550 mark, with a crucial hurdle at $3,680 to sustain its upward trajectory. The latest Ethereum movement saw a resurgence above the $3,550 resistance zone, signaling renewed momentum for the cryptocurrency. Bulls managed to elevate the price beyond $3,580, echoing a similar trend observed in Bitcoin. As ETH surged, it surpassed the $3,650 resistance, reaching a peak at $3,680 before experiencing a minor pullback. Despite a brief dip below $3,600, the price held above the 23.6% Fibonacci retracement level of the recent upward swing from the $3,302 low to the $3,680 high. Presently, Ethereum is trading above $3,580, supported by the 100-hourly Simple Moving Average. Notably, a significant bullish trend line has formed with support at $3,590 on the hourly ETH/USD chart. On the upside, immediate resistance looms near the $3,640 level, followed by a major hurdle at $3,680. Beyond this level, the next key resistance awaits at $3,720, potentially paving the way for a bullish surge towards $3,800. Further upward momentum could propel Ethereum towards $3,880, with a successful breach likely leading to a test of the $4,000 mark. In the event of a downturn, initial support is expected around the $3,590 level and the aforementioned trend line. Subsequently, the $3,550 zone serves as a pivotal support area, followed by the $3,500 mark or the 50% Fibonacci retracement level of the recent uptrend. A decisive drop below $3,500 might trigger a deeper correction towards $3,390, with further losses potentially targeting the $3,250 level. Technical Indicators: The hourly MACD for ETH/USD indicates a waning bullish momentum. The hourly RSI for ETH/USD is currently positioned above the 50 level, signaling a favorable stance. - Major Support Level: $3,590 - Major Resistance Level: $3,680 Source - newsbtc.com #CryptoNews🔒📰🚫 #BinanceSquareTalks #cryptocurrency $ETH
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#CME Senior Executive Reveals 22 #altcoins That Could Have #spotETF in the Future – Here’s the List Giovanni Vicioso, head of crypto at CME Group, recently discussed the impact of Bitcoin ETFs on the crypto industry. According to Vicioso, these ETFs have not only provided legitimacy to the industry within the purview of Wall Street but have also compelled major distribution networks and marketing firms to advocate for Bitcoin among their clientele. Vicioso elaborated that the role of investment advisors has evolved to include educating their clients on the significance of Bitcoin, with the introduction of Bitcoin ETFs easing this process significantly. Post-ETF launch, client discussions on Bitcoin have shifted from foundational queries to exploring its practical applications. Conversations now encompass Ethereum alongside Bitcoin, exploring its smart contracts, DeFi, and tokenization potentials. Vicioso underlined Bitcoin and Ethereum's significance, highlighting CME's reference rates and real-time indices for various cryptocurrencies like Uniswap and Solana as the SEC evaluates Ethereum spot ETFs in May. These selected cryptocurrencies, chosen by CME for their potential utility, are speculated to be strong contenders for future ETFs: 1. Aave (AAVE) 2. Algorand (ALGO) 3. Avalanche (AVAX) 4. Axie Infinity (AXS) 5. Bitcoin Cash (BCH) 6. Cardano (ADA) 7. Chainlink (LINK) 8. Chiliz (CHZ) 9. Cosmos(ATOM) 10. Curve (CRV) 11. Decentraland (MANA) 12. Ether (ETH) 13. Ether Euro (ETH) 14. Filecoin (FIL) 15. Litecoin (LTC) 16. Polkadot (DOT) 17. Polygon (MATIC) 18. Solana (LEFT) 19. Stellar Lumens (XLM) 20. Synthetix (SNX) 21. Tezos (XTZ) 22. Uniswap (UNI) Vicioso warned that launching more futures or ETFs for cryptocurrencies depends on clearer regulations defining them as commodities or securities. (Note: This is not investment advice.) Source - en.bitcoinsistemi.com #CryptoNews🔒📰🚫 #cryptocurrency
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#BNB‬ Price Could Resume Upside Unless The Bulls Fail At $610 BNB price is showing signs of a fresh uptick from the $500 region, with potential for #bullish momentum upon surpassing key resistance levels at $588 and $610. The recent trajectory for BNB saw a rebound from the $500 support area, following a correction from its peak at $645. Initiating a new climb akin to #Ethereum and Bitcoin, BNB breached resistance levels at $520 and $550. Bulls further propelled the price above the 50% Fibonacci retracement level of the downward swing from $645 to $498. Currently, BNB is trading above $575, supported by the 100 simple moving average over a 4-hour period. On the 4-hour chart of the BNB/USD pair, a significant bullish trend line is emerging, offering support around $580. Immediate resistance is noted near $588, closely aligning with the 61.8% Fibonacci retracement level of the aforementioned downward move. The subsequent hurdle lies at $610. A decisive breakthrough above this level could pave the way for further upward movement. Should BNB successfully breach $610, it may target the $645 resistance, potentially opening avenues for a larger surge towards $680. Continued bullish momentum might even propel BNB towards the $700 mark in the near future. However, failure to surpass the $610 resistance could trigger a renewed downturn. Initial support is anticipated around $580, reinforced by the trend line. Subsequently, the $560 level presents a crucial support zone, with $540 marking the main support level. A breach below $540 might escalate selling pressure, leading to a downturn towards the $500 support. Further losses could extend the decline towards $450. Technical Indicators: The 4-hour MACD for BNB/USD indicates an acceleration in bullish momentum. The 4-hour RSI for BNB/USD is currently positioned above the 50 level, suggesting a favorable outlook. - Major Support Levels: $580, $560, $540 - Major Resistance Levels: $598, $610, $640 Source - newsbtc.com #CryptoNews🔒📰🚫 #BinanceSquareTalks
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🔥🔥🔥 #Bitcoinprice Consolidates Above $70K As Bulls Prepare For More Gains Bitcoin's price is consolidating its gains above the crucial $70,000 resistance zone, indicating the potential for further #bullish momentum if it manages to surpass the $71,500 resistance level in the near future. After moving into a positive zone above $66,500, Bitcoin continued its upward trajectory, breaching key resistance levels at $69,500 and $70,000. The price eventually tested the $71,500 resistance zone, establishing a new weekly high near $71,557 before entering a phase of consolidation. Although there was a minor pullback below the 23.6% Fibonacci retracement level of the recent upward swing from the $66,811 swing low to the $71,557 high, Bitcoin remained well-supported above the $69,000 level. Presently, Bitcoin is trading comfortably above $70,000 and the 100 hourly Simple Moving Average, further reinforcing its positive sentiment. Additionally, a significant bullish trend line is taking shape, with support around $68,500 on the hourly chart of the BTC/USD pair. This trend line coincides closely with the 61.8% Fibonacci retracement level of the aforementioned upward move. In terms of resistance, the immediate hurdle lies near the $70,800 level, followed by the crucial $71,500 resistance zone. A clear breakthrough above this zone could pave the way for further upside potential, with potential targets including $72,500 and $73,500. If Bitcoin struggles to surpass the $71,500 resistance, a downside correction is possible. Initial support levels are at $70,000, $69,000, and $68,500, with a breach below triggering further declines towards $67,000 and $66,000. Analyzing the technical indicators, the hourly MACD for BTC/USD is showing signs of losing momentum in the bullish zone, while the hourly RSI is currently above the 50 level, indicating a positive sentiment among traders. - Key Support Levels: $68,500, $67,000 - Key Resistance Levels: $70,500, $71,500, $73,500 Source - newsbtc.com #CryptoNews🔒📰🚫 #BinanceSquareBTC #cryptocurrency $BTC
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