Binance develops a “proof of reserve” system in response to the FTX crisis; this innovation is aimed at using the Merkle tree to enable the verification of assets by their users. However, some financial experts have tagged this innovation as aimless since it doesn’t include liabilities. Moreso, according to the accounting and financial experts, in […]
Binance coin is increasing BNBUSD Price Analysis – November 04 When bulls break up the $361 resistance level by the buyers, Binance Coin may increase towards the $400 and $456 resistance levels. Opposition from the bears at $361 level may decrease the price towards $330, which may extend to $286 and $256 levels. BNB/USD Market […]
Binance coin is increasing BNBUSD Price Analysis – October 28 Further increase in bulls’ pressure may break up the resistance level of $30, then, Binance Coin may incline to $330 and $361 levels. When bears break down the $278 support level by the sellers, price may move towards the $256 and $209 support levels. BNB/USD […]
Binance Smart Chain witnessed a security breach that caused approximately 2 million BNB to be stolen, which was estimated to be around $600 million. The hack prompted the BSC (Binance Smart Chain) to be paused temporarily on October 6th. This means the deposits and withdrawals were not allowed to function. Earlier today, the BNB chain […]
Bears Dominate Binance Coin Market BNBUSD Price Analysis – October 07 After the price retracement, Binance coin may continue its bullish movement when the daily candle close above the $300 level, the resistance levels of $330 and $361 may be reached. Ability to break down the $276 level by the bears may lead to bearish […]
BNBUSD Price Analysis – September 09 When bulls break up the $288 resistance level by the buyers, price may move towards the $330 and $400 resistance levels. An interruption by the bears’ momentum may break down the support level of $286, then, Binance Coin may reduce to $256 and $209 levels. BNB/USD Market Key levels: […]
BNBUSD Price Analysis – August 26 Should the sellers break down the support level of $286, the price may decrease to $256 level, continue its downtrend movement towards the support level of $209. Conversely, more pressure from the buyers may push up the Binance Coin to break the resistance level of $330 which may increase […]
BNBUSD Price Analysis – August 19 When bears break down the $286 support level, price may decrease to the $256 and $209 support levels. An increase in bulls’ momentum may break up the resistance level of $330, then, Binance Coin may incline to $361 and $400 levels. BNB/USD Market Key levels: Supply levels: $330, $361, […]
BNBUSD Price Analysis – July 15 Should the bears exert more pressure to break down the support level of $209, Binance Coin may decline to $186 and $156 levels. Ability to break up the $256 level by the bulls may lead to price increase towards the $286, and $330 support levels. BNB/USD Market Key levels: […]
