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Why Ethereum Price Didn’t Surge Despite ETF Launch

Ethereum’s price trajectory faced unexpected stagnation despite the anticipation surrounding Ethereum ETFs. Shibarium is nearing a significant milestone but SHIB’s price continues to decline. Binance announces plans to delist several The post Why Ethereum Price Didn’t Surge Despite ETF Launch appeared first on COINOTAG NEWS .

Crypto AI Token RENDER Soars 15.6% After Rebrand, Can It Hit $10?

Today, the Render Network finalized its RENDER crypto AI token migration and upgrade. Following the highly anticipated rebrand, the AI token saw a positive price action, surging over 15% on the last day. Investors and market watchers expressed optimism about the rebranded token and consider it could hit $10 soon. Related Reading: Ethereum Targets Recovery: Can It Mirror Bitcoin’s Performance? From RNDR To RENDER Last year, the Render Network Foundation changed from Ethereum (ETH), where it was initially launched, to Solana (SOL). The move followed a community vote that passed two major upgrades for the Network. According to the announcement, the Solana switch was “proposed for faster transactions, cheaper fees, and the project’s needs to achieve more ambitious goals with more on-chain data and transactions.” The community also voted to rebrand the token from RNDR to RENDER, which would conclude in 2024. This month, the foundation informed users that many crypto exchanges, including Binance, Kraken, OKX, Crypto.com, and KuCoin, would automatically swap the RNDR tokens for the rebranded token on a 1:1 ratio. On Monday, the RNDR delisting from crypto exchanges began ahead of the scheduled migration on July 26. Exchanges halted most operations with the token, negatively impacting its performance over the week. Moreover, Whales seemingly contributed to the impact of the token’s price. Online reports revealed that some major holders sold their RNDR following the news, dragging the price from above the $7 support level to below the $6.5 price range. The token continued to plunge in the following days, dropping below the $6 mark, a 17% drop in four days. Nonetheless, the highly anticipated migration and listing of the new RENDER token seems to have kickstarted a price recovery. AI Token Skyrockets 17% Following Binance Listing The newly rebranded crypto AI token surged over 17% today after being listed by crypto exchange Binance. On Friday, the exchange announced that RENDER had been added to Binance Simple Earn, Buy Crypto, and Binance Convert. Additionally, it revealed that the Binance Margin and Futures options would be available today for the AI token. Meanwhile, the Auto-Invest option will be added on Monday, July 29. On that date, Kraken, the crypto exchange, will also list the RENDER and delist the RNDR. Investors and market watchers expressed their optimism over the rebrand and Binance listing. An X user claimed that, as the project begins this new era, “the RENDER token with this fresh chart of around $6.5 lows has potential to reach unimaginable heights.” Crypto analyst Coinboss considers that the token could “do a flipperino” if it has a clean break out above the $7 resistance level. A successful retest of the target could potentially lead the token to reclaim the $11 mark, further fueling a surge above RNDR’s all-time high (ATH) of $13.53. Another pseudonym crypto analyst believes RENDER could reach $10 soon, stating, “Thanks for the fud. See you above $10.” Some users also consider that investors will regret not getting the “greatest buying opportunity.” Related Reading: Solana’s Celebrity Tokens Down 94%, MOTHER Community Defends The Memecoin In the last 24 hours, the crypto AI token has seen a remarkable 140% surge in market activity, with $83.1 million daily trading volume. As of this writing, RENDER is trading at $6.89, a 15.6% rise in the past day. Featured Image from Unsplash.com, Chart from TradingView.com

Solana (SOL) Flips BNB, Becoming 4th Biggest Cryptocurrency

Binance Founder CZ’s Prison Stay Extended: Latest Updates and Implications

Changpeng Zhao, the founder of Binance, faces delays in his prison release. New developments indicate changes to his anticipated release date. A statement from Protos suggests a month-long extension of The post Binance Founder CZ’s Prison Stay Extended: Latest Updates and Implications appeared first on COINOTAG NEWS .

Price analysis 7/26: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

Bitcoin’s recovery from the $63,500 level is encouraging, but higher levels may face solid resistance from the bears.

BNB Price Targets $720 Breakout Amid Bullish Wedge Formation and Rumor Corrections

Binance founder Changpeng Zhao (CZ) is confirmed to remain in prison, contrary to recent speculation. BNB price shows a bullish trend, reflecting a significant market recovery. The trading volume of The post BNB Price Targets $720 Breakout Amid Bullish Wedge Formation and Rumor Corrections appeared first on COINOTAG NEWS .

Will BNB Price Rise Ahead of Changpeng Zhao’s September Release?

Amid the early week sell-off, the BNB price recorded a notable pullback from $605 to $553, registering a loss of 8.6%. However, the correction was short-lived as the broader market witnessed a rebound and rumors that Binance’s former CEO Changpeng Zhao will be released from Jail next month. The demand surged around the $555 level The post Will BNB Price Rise Ahead of Changpeng Zhao’s September Release? appeared first on CoinGape .

Solana to lead smart chains with SOL rising; RBLK may surpass both soon

The Layer 2 battle heats up as Solana nears flipping BNB, while crypto casino Rollblock rises rapidly, gearing for an epic rally. #partnercontent

Binance Coin (BNB) Trade Volume Rockets 6,000% Amid SEC Probe Conclusion and CZ’s Anticipated Return

The massive surge in trade volume for Binance Coin (BNB) since June, amounting to a nearly 6,000% increase, has garnered significant attention in the crypto community. This impressive rise aligns The post Binance Coin (BNB) Trade Volume Rockets 6,000% Amid SEC Probe Conclusion and CZ’s Anticipated Return appeared first on COINOTAG NEWS .

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