Binance’s BNB token is facing a correction. The daily charts show that the asset was down 0.6% and 5.8% over the previous week. Despite the correction, the token has maintained some gains in the other time frames. The fifth-largest cryptocurrency by market cap is up 2.5% in the 14-day charts, 3.8% in the monthly charts,…
November 20, 2024 at 12:30 PM GST updated: November 19, 2024 at 04:07 PM 3 mins read Press Release The cryptocurrency market has recently seen increased activity, particularly with Cardano (ADA) and Binance Coin (BNB). This surge is driven by key updates that have drawn the attention of traders and investors. Also, FXGuys ($FXG), an…
Despite all the legal hurdles that Binance, the cryptocurrency exchange, underwent, its native cryptocurrency performed quite well. Binance Coin (BNB) hit an all-time high of $720.67 in June 2024, when most assets were barely pocketing gains. This surprised many, considering the regulatory hurdles that the coin’s parent firm was undergoing. Now that the entire market…
The recent Binance burn event and the upcoming one are expected to reduce token supply, potentially boosting LUNC’s price, with analysts predicting a 480% rally toward $0.000593. Governance improvements, including increased transparency and community-driven efforts, have heightened optimism for LUNC’s potential, with a price target of $0.0005 in sight. After Binance burned 1 billion LUNC…
November 15, 2024 at 06:23 AM GST updated: November 14, 2024 at 01:00 PM 2 mins read News Taking everything into consideration, Ethereum, Binance Coin, and Solana are clear favorites for investment, each of them possesses its utility and potential to capture the markets in the year 2024. Cardano’s talent for sustainability and Ripple’s exceptional…
Binance Coin (BNB) has been trying to maintain itself over the $600 mark despite the challenges it continues to face. Binance, the firm behind BNB, has been drowning in lawsuits. While the industry was celebrating Changpeng Zhao’s release from prison, FTX hit the exchange with yet another lawsuit. This article talks about how Binance Coin…
November 13, 2024 at 05:00 PM GST updated: November 13, 2024 at 12:50 PM 4 mins read Press Release The blockchain space is crowded with platforms each pushing unique strategies for growth and engaging their communities. BNB Chain has seen a resurgence in its NFT market, though its overall revenue has decreased, and Ripple continues…
Binance Chain secures $10M in Google Cloud credits to boost its MVB Program, supporting AI, DeFi, and NFT projects. With over 4,000 dApps, Binance Chain continues to grow as a hub for decentralized innovation, leveraging Google Cloud for operational scaling. In a very strategic move, Binance Chain has gained $10 million in cloud service credits…
November 12, 2024 at 09:30 AM GST updated: November 11, 2024 at 07:45 PM 5 mins read Press Release In the fast-paced world of cryptocurrency, projects like Qubetics, Filecoin, and Binance Coin are reshaping the landscape with groundbreaking innovations and impressive return potential. Qubetics introduces a game-changing decentralised VPN (dVPN), Filecoin unlocks massive upside with…
In the latest twist of crypto market action, solana (SOL) has waltzed past binance coin (BNB) this week, securing its place as the fourth largest digital asset by market cap. Solana Surges Ahead Currently, solana boasts a market cap of $97.68 billion, capturing 3.66% of the $2.67 trillion crypto economy. As of Nov. 10, SOL…
The open interest of Binance skyrocketed, reaching a new high of $8.3 billion. This figure represented a substantial 35% of the total global futures positions, pegged at $23.3 billion. Such a spike not only highlighted Binance’s significant share but also indicated potential volatility and upcoming market movements. An increase above 3% in open interest within…
November 7, 2024 at 05:00 PM GST updated: November 7, 2024 at 02:56 PM 4 mins read Press Release In the dynamic cryptocurrency market, Aave (AAVE), Arbitrum (ARB), and BlockDAG each present compelling developments that draw the interest of the crypto community. Aave shows promising signs of a surge to $220 thanks to bullish trends,…
Este artículo también está disponible en español. In the past 24 hours, the price of Binance Coin (BNB) increased by 5%, which is indicative of a consistent upward motion. BNB, which just broke the vaunted $600 barrier, is attracting the market’s focus due to indications of bullish momentum. Related Reading BNB breaks the $600 level…
The cryptocurrency industry witnessed a notable makeover following election night. The entire market was painted green. The Bitcoin (BTC) led rally propelled several assets to new highs. Amidst this, Binance Coin (BNB) was seen lagging. The real question is whether the asset will record a new high or stay below the $600 mark. Also Read:…
Solana (SOL) has achieved a major milestone by overtaking Binance Coin (BNB) to become the fourth-largest cryptocurrency by market capitalization. SOL’s performance comes amid a broader market rally that has pushed the global crypto market cap to $2.46 trillion. This was a 7.3% increase across the cryptocurrency market at press time. Solana Price Inches close to…
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits…
Solana (SOL) has flipped Binance Coin (BNB) in market cap, claiming the fourth spot in the rankings. Bitcoin’s all-time high of $75,011 has driven a bullish trend around the crypto market. The global crypto market turned bullish in Asian trading hours as Bitcoin (BTC) hit a new all-time high of around $75,011.06, which the cryptocurrency…
published: November 5, 2024 at 06:23 AM GST updated: November 3, 2024 at 05:37 PM November 5, 2024 at 06:23 AM GST updated: November 3, 2024 at 05:37 PM 2 mins read News As a foundational digital asset, Bitcoin’s stability bolsters confidence across related digital assets, indirectly supporting NFT market growth. Ethereum has a strong…
November 4, 2024 at 12:30 PM GST updated: November 4, 2024 at 12:24 PM 3 mins read Press Release The cryptocurrency landscape is rapidly evolving, marked by significant price movements and technological advancements. This dynamic market offers several cryptocurrencies that stand out as attractive investments. Solana is making strides with extensive ecosystem growth, BNB continues…
November 2, 2024 at 04:00 PM GST updated: November 2, 2024 at 02:33 PM 4 mins read Press Release The cryptocurrency sector is notoriously dynamic and unpredictable. Currently, the Ripple (XRP) valuation and Binance coin (BNB) price predictions are evidence of this, as they grapple with crucial support levels and potentially face rapid declines. Amid…
On Friday, November 1, the BNB Foundation announced the successful completion of the 29th quarterly burn by the BNB Chain. This latest event of the routine token burn reiterates the project’s commitment to a deflationary approach in order to ensure growth. A total of 1,772,712.363 BNB tokens (worth approximately $1.07 billion) were automatically burned in…
The BNB Foundation has just concluded its 29th quarterly token burn where more than 1.7 million BNB was burned, equating to $1.07 billion, likely impacting the BNB price. This event, scheduled for November 1, 2024, is another step toward decreasing the number of BNB in circulation. This would increase its scarcity and, as a result,…
BNB Foundation completes 29th quarterly burn, removing 1.77 million BNB from circulation. CZ reveals new Giggle Academy for global digital education at Binance Blockchain Week. The BNB Foundation just announced the successful completion of its 29th quarterly BNB burn, which is a significant milestone in the token’s supply reduction strategy. With an automated destruction of…
BNB Chain’s MVB Season 8 narrows 500 applicants to 35 finalists across DeFi, Infrastructure, and Application sectors Selected projects will undergo four-week training before potential Binance Labs investment Program highlights growing focus on AI, meme coins, RWA, and Telegram applications The BNB Chain ecosystem continues its expansion through the Most Valuable Builder (MVB) program, a…
The US elections are almost around the corner, aggressively impacting the crypto market momentum. The market is currently trending in green, with Bitcoin claiming a new price peak of $70K. As the current US elections are playing a key role in impacting significant crypto developments, a certain amount of market volatility is expected, which can…
October 29, 2024 at 09:20 AM GST updated: October 28, 2024 at 07:57 PM 2 mins read News BNB recently bounced off key support, indicating potential for further gains. PEPE remains strong with a 20% increase this month and impressive year-to-date performance. AVAX trades steadily, eyeing resistance at $31.64 for potential growth opportunities. The crypto…
October 28, 2024 at 09:00 PM GST updated: October 28, 2024 at 03:54 PM 4 mins read Press Release The crypto scene is alive with action as BNB, Bitcoin, and BlockDAG all make significant strides, paving the way for potential large profits. BNB is stirring excitement with its upcoming big event that will allow zero-fee…
October 25, 2024 at 10:45 PM GST updated: October 25, 2024 at 06:45 PM 4 mins read Press Release As the cryptocurrency market evolves, a few under-the-radar tokens are showing signs of skyrocketing growth. Analysts have identified four digital assets that could potentially offer returns of up to 5,000%. This article delves into these promising…
Binance, the leading cryptocurrency exchange globally, has exciting news for meme coin enthusiasts. On October 24, 2024, they will introduce a futures contract for the popular meme coin, Goatseus Maximus (GOAT). This new GOATUSDT perpetual contract will allow traders to leverage their positions by up to 75 times, making it an enticing option for those…
BNB trading at $592, up 87% YTD but 18% below all-time high. Technical indicators show formation of bullish ascending triangle. Price targets: potential rise to $730, or drop to $564 if $602 resistance holds. Binance Coin (BNB) appears poised to mirror Solana’s impressive price action, despite its larger market capitalization. Technical indicators suggest BNB could…
The cryptocurrency market is evergreen in terms of delivering profits. In essence, the market is always brimming with new coins, the ones that are busy striking a balance with the original coins, which play a monumental role in setting the tone and pace of the cryptocurrency market. Here are three coins that mix old and…
The cryptocurrency industry is prepping for Halloween. Binance, the world’s largest cryptocurrency exchange, has had a spooky year, with several issues with law enforcement worldwide. Amidst this, the exchange’s native cryptocurrency, Binance Coin (BNB), has had a fairly decent year. Throughout the past 12 months, BNB has increased by 156.71%. About five months ago, the…
October 23, 2024 at 09:20 AM GST updated: October 22, 2024 at 08:30 PM 2 mins read News Billy Markus trades BabyNeiro tokens for BNB, sparking investment speculation. Markus’s trading history influences market predictions and trader decisions regarding BNB. BNB shows volatility, with potential bullish trends emerging from recent technical analysis. Billy Markus, also known…
Billy Markus, the founder of Dogecoin, also known as Shibetoshi Nakamoto, is in the headlines after stating that he sold all his BabyNeiro tokens in exchange for BNB, Binance’s native token. Markus, who famously sold all his Dogecoins to buy a car for $10,000 in 2015, which is now worth over $90m, remains a frequent…
October 20, 2024 at 08:00 PM GST updated: October 20, 2024 at 03:54 PM 4 mins read Press Release In the world of cryptos, it’s not uncommon to witness multiple tokens flourishing at once. Recently, Binance Coin (BNB), Bitcoin Cash (BCH), and BlockDAG (BDAG) have been in the spotlight due to their noteworthy achievements. BNB…
October 18, 2024 at 09:45 PM GST updated: October 18, 2024 at 08:37 PM 5 mins read Press Release Imagine transforming a modest sum into a life-changing fortune within a few years. Certain cryptocurrencies are showing signs of explosive growth that could make this possible. This article delves into digital assets poised for significant gains…
October 18, 2024 at 06:30 PM GST updated: October 18, 2024 at 05:30 PM 5 mins read Press Release Experts are highlighting a group of altcoins that might surpass Bitcoin’s rise in the near future. They claim that an investment of $1,200 today could grow into $1.8 million by 2025. As these digital currencies gain…
BNB price nears $600 resistance, forming ascending triangle pattern. Technical indicators suggest potential bullish breakout. Price targets: $658-$711 short-term, $863 long-term if bullish trend continues. Binance Coin (BNB) is showing signs of potentially breaching the important $600 level. This level has served as a formidable resistance for months, effectively capping BNB’s bullish momentum. The current…
The BNB Chain protocol has updated its community on upcoming plans to improve network efficiency. The announcement comes ahead of scheduled network upgrades and serves as a reminder to platform users. This concerns the final sunset plan of the BNB Beacon Chain. BNB Beacon Chain Migration: Impact on Users According to the blog post, the…
BNB has faced a significant rejection at a critical resistance level, raising concerns among traders about a potential price correction. After an impressive rally, the momentum has faltered, leaving the cryptocurrency at a crossroads. This key level has proven to be a formidable barrier, indicating that selling pressure may be increasing as bears step in….
On Wednesday, Binance Coin (BNB) is trading around the $589 mark and is looking to breach the $600 level. The cryptocurrency has surged more than 175% in a year, making investors double their money quickly. It has steadily maintained its momentum in the indices by sustainably scaling up in the charts in 2024. After breaching…
Bitcoin climbed to $64,300 following China’s new economic stimulus measures. Other cryptocurrencies, like Ethereum and Solana, also saw gains. Bitcoin has risen to a seven-day high, reaching $64,300, following China’s announcement of new economic stimulus measures over the weekend. The cryptocurrency traded up by 2.5% due to positive sentiments from investors due to China’s plans…
Scroll, an Ethereum Layer-2 network, recently found itself in hot water after it distributed its SCR governance tokens via Binance Launchpool. This move sparked frustration among users who felt that Scroll was prioritizing a centralized exchange over its own community. In response to the backlash, co-founder Ye Zhang explained that the decision was part of…
October 14, 2024 at 02:45 AM GST updated: October 13, 2024 at 07:46 PM 3 mins read News Turtle Club’s Phantom Liquidity Layer democratizes liquidity access, providing fair and transparent solutions for DeFi protocols and liquidity providers. The platform realigns incentives, ensuring sustainable liquidity and reducing the reliance on large LPs and venture capitalists. Turtle…
The success of BNB has propelled it to the position of fourth biggest cryptocurrency. Investors are starting to wonder whether BNB’s recent outperformance will be sustainable. After momentarily challenging the $555 support level, BNB, the native token of BNB Chain, gained 4.1% from October 10th to October 11th, indicating resilience. Despite a drop in the…
October 13, 2024 at 04:15 AM GST updated: October 12, 2024 at 05:14 PM 2 mins read News Avalanche’s sub-second transaction speeds and scalable subnets drive innovation for DeFi, gaming, and enterprise applications. Binance’s BNB token powers the platform’s wide range of services, from transaction fees to DeFi and NFTs. Filecoin’s decentralized storage system transforms…
BNB repeatedly fails to breach $606 and $618 resistance levels. Chaikin Money Flow at three-month low, indicating weak investor confidence. Price could drop to $533 if uptrend support fails, or rally to $606 if $569 flipped to support. Binance Coin (BNB) finds itself at a critical juncture as it grapples with persistent resistance levels at…
BNB finds itself under renewed selling pressure as a recent recovery attempt falls short, leaving the cryptocurrency vulnerable to further losses. Despite a brief upward movement, BNB’s failure to break through key resistance levels has sparked concerns about a deepening decline. With technical indicators signaling potential weakness ahead, the question now is whether the token…
SUI ecosystem market cap reaches $8.54 billion, with SUI at $5.38 billion. SUI ranks third in altcoin netflow, behind Ethereum and Solana. The coin’s dominance surges 270% to 0.27%, amid potential correction warnings. The SUI ecosystem has emerged as a focal point for investor attention this October, setting multiple records and outperforming many of its…
Editors News BNB price up in 24 hours, trading at $579. 4-hour chart shows rounding bottom formation with $610 neckline. Potential targets: $639-$667 short-term, $747 by end of 2024. Binance Coin (BNB) finds itself at a critical juncture as it embarks on a potentially significant bullish reversal. The cryptocurrency has demonstrated remarkable resilience, posting gains…