BNB Jumps To Third-Largest Cryptocurrency By Market Cap – February 19

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $52,834

Bitcoin price is hitting new all-time highs once again to kick off Friday, knocking on the door of the $53,000 level.

Top-20 altcoins are holding steady, as Ethereum rises 3%, Polkadot gains 4% and Binance Coin continues its monster rally with further 35% gain.

Top Stories for February 19, 2021 πŸ”₯

πŸ‘‰ BNB Jumps To Third-Largest Cryptocurrency By Market Cap

Binance’s exchange token, BNB, has jumped to the number-three spot in the largest cryptocurrencies ranked by market cap, now measuring at $34.4 billion.

The coin is also the native token of the Binance Smart Chain, which also has been soaring in popularity while Ethereum suffers crippling transaction fees.

BNB traded at a market price of as high as $276 on some exchanges overnight, as it surpassed Tether in terms of market cap.

πŸ‘‰ Coinbase Valued At $77B At Secondary Market Prices

Cryptocurrency exchange Coinbase is valued at $77 billion, according to secondary market prices on the Nasdaq Private Market.

The stock is currently trading at $303 per share, placing it at a total valuation that is even higher than that of the New York Stock Exchange’s parent company, Intercontinental Exchange Inc.

πŸ‘‰ Nvidia Announces New “CMP” Ethereum Mining Chips

Nvidia has announced that it will be releasing a new type of chip called Cryptocurrency Mining Processors, or simply “CMPs”.

The cards, which go on sale in March, are designed specifically to mine Ether (ETH). The coin has risen more than 160% in value so far this year.