Tag Archives: BNB

Binance Coin In Turmoil: Nearly 10% Value Erased In Market Shake-Up

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Binance Coin (BNB) succumbs to bearish pressure alongside other altcoins in the market. According to the latest market data, the token is down nearly 10% since last week representing a big slash in value for investors in the long-term. The huge drop is due to the current underperforming market after the major cryptocurrencies slipped with… Continue reading Binance Coin In Turmoil: Nearly 10% Value Erased In Market Shake-Up→

BNB Chain TVL Slumps 24% In Q2, Yet Vital Metrics Surge In Double Digits

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The BNB Smart Chain (BSC) experienced a mixed performance in the second quarter (Q2) of the year as the broader cryptocurrency market cooled off after a strong price surge in March. While BNB, the native token of the BSC, remained mostly flat, down 5% quarter-over-quarter (QoQ), the network’s key metrics showed both positive and negative… Continue reading BNB Chain TVL Slumps 24% In Q2, Yet Vital Metrics Surge In Double Digits→

BNB Eyes $605 After Breaking Key Resistance: Can The Bulls Maintain Momentum?

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BNB has demonstrated significant bullish momentum, with a positive candlestick crossing the 100-day Simple Moving Average (SMA) in the 4-hour timeframe. The previous market scenario reveals that the digital currency has faced multiple rejections at the $572 level.  This persistent resistance has cleared a path for the bulls to take charge and drive the price… Continue reading BNB Eyes $605 After Breaking Key Resistance: Can The Bulls Maintain Momentum?→

BNB Price Targeting $600: Can It Reclaim This Milestone?

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BNB price is holding the $565 support zone. The price is now consolidating and might aim for more gains above $590 in the near term. BNB price started a decent upward move from the $565 support zone. The price is now trading above $580 and the 100-hourly simple moving average. There was a break above… Continue reading BNB Price Targeting $600: Can It Reclaim This Milestone?→

Bitcoin, Ethereum, And Solana On Traders’ Radar: What’s Going On?

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After a drab week characterized by Bitcoin, Ethereum, and Solana prices either dumping or moving sideways, prices bounced off strongly by the end of last week. Of note, losses in Ethereum were arrested as prices recovered, rising from around $3,000. At the same time, Bitcoin and Solana pushed higher, closing in on $70,000 and $200,… Continue reading Bitcoin, Ethereum, And Solana On Traders’ Radar: What’s Going On?→

Binance Secures Approval To Invest US Customer Fiat Funds In US T-Bills, BNB Price Surges

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Binance has received court approval allowing it to invest customer fiat funds into US Treasury Bills (T-Bills) after a year of heightened scrutiny of Binance’s operations in the United States. The decision has resulted in a notable price recovery for the exchange’s native token, Binance Coin (BNB), pushing it toward the $600 level.  Court Grants… Continue reading Binance Secures Approval To Invest US Customer Fiat Funds In US T-Bills, BNB Price Surges→

BNB Price Rally Imminent? Trendline Break Could Ignite Surge To $635

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Currently, the price of BNB has been attempting a bullish momentum movement toward the bullish trendline. This bullish move which is the second attempt the crypto asset is making after a successful break below the trendline is sparking up optimism among traders and investors alike that a break above could ignite a potential rally toward… Continue reading BNB Price Rally Imminent? Trendline Break Could Ignite Surge To $635→

BNB Price Eyes $600 Milestone: Will Bulls Break The Barrier?

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BNB price started a steady increase above the $550 resistance. The price is now consolidating and might aim for more gains above $585. BNB price started a decent upward move from the $500 support zone. The price is now trading above $550 and the 100-hourly simple moving average. There is a connecting bullish trend line… Continue reading BNB Price Eyes $600 Milestone: Will Bulls Break The Barrier?→

BNB Price Steadies Above Support: Is a Bullish Comeback on the Horizon?

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BNB price started a recovery wave above the $500 resistance. The price is now consolidating and might aim for more gains above $530. BNB price started a decent upward move from the $472 support zone. The price is now trading above $500 and the 100-hourly simple moving average. There is a key rising channel forming… Continue reading BNB Price Steadies Above Support: Is a Bullish Comeback on the Horizon?→

BNB Drops Below $500, Extended Bearish Trend On The Horizon?

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BNB has recently fallen below the critical $500 support mark, signaling the continuation of a bearish trend. This decline reflects increased selling pressure and growing bearish sentiment within the cryptocurrency market.  As BNB slips under this significant threshold, analysts and traders are closely watching for further downward movement, potentially targeting lower support levels. The breach… Continue reading BNB Drops Below $500, Extended Bearish Trend On The Horizon?→