The Origin of Binance Founded amidst the crypto boom of 2017, Binance quickly became a major player in the crypto market. As Initial Coin Offerings gained popularity, Binance facilitated the buying, selling, and trading of various cryptocurrencies, generating profits from each transaction. Its initial success was fueled by a surge in Bitcoin prices, a proliferation […]
Binance Coin (BNB) is one of the hottest cryptocurrencies right now, as it continues to soar after its quarterly burn and ahead of its upcoming hard fork. The native token of the world’s largest crypto exchange by volume has gained over 8% in the past week, reaching $344.93 at the time of writing, according to […]
Binance Coin (BNB) price action is showing more bullish characteristics. Consequently, this has positioned the crypto for more possible price moves in the upside direction. However, the crypto market is a speculative one, and prices don’t always move unidirectionally. Consequently, let’s further examine the price action here. Binance Coin Analysis Data: BNB value now: $326 […]
Investment in stablecoins is a smart move for those looking to counterbalance crypto-market instability while earning higher interest rates compared to legacy banks. Current Top Stablecoins 1. Tether (USDT): $75 billion2. US Dollar Coin (USDC): $50 billion3. Binance USD (BUSD): $10 billion4. Dai (DAI): $5 billion5. TrueUSD (TUSD): $1 billion The Best Stablecoins to Consider 1. Fiat-backed: These are backed […]
Sellers are dominating Binance Coin market BNBUSD Price Analysis – 24 February In case sellers gain more momentum, Binance Coin might surpass its most recent lows of $300 and $276 and finally close on the psychological threshold of $253. If buyers maintain the $300 support level, the price may breach the $314 level of resistance […]
The social media account of Robinhood, a well-known online trading platform in the United States, was hacked to promote a scam token. The scam token, which is called RBH, was built on BSC, thereby tarnishing the reputation of the BNB Chain. The fraudulent activity occurred yesterday, with the hacker claiming that the coin’s initial price […]
Buyers’ momentum decreases in Binance Coin market BNBUSD Price Analysis – 27 January Should buyers gain more momentum, Binance Coin may break up heights of $314 and $330, later may reach the $361 resistance level. Price may break down the $300 support level to test the $276 and $255 support levels. BNB/USD Market Key levels: […]
To maintain only a portion of the Binance coin in circulation, some $500 million worth of BNB was burned. Only half of the whole supply was burned, according to Binance, leaving the other half in use. The coins were completely removed from circulation when the address 34167E903B9F662A64817266D8A6CE4FE096868DAD0B883E4F838331E280EEFF was used to initiate the burning. In the […]
The first-ever Initial Decentralized Exchange (DEX) Offering (IDO) for WebCamp on the BNB Chain will be released by Bybit, the third-most-popular cryptocurrency exchange in the world. With this advancement, BNB Chain users will be able to communicate with one another and learn more about brand-new initiatives on the Binance Blockchain, ultimately boosting network activity. With […]
