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 […]
The new Binance announcement is anticipated to have a long-term favorable impact on the Binance Coin (BNB). The collaboration with Apple Pay and Google provided the foundation for this announcement. Anywhere on the globe, the integration with these businesses aims to improve the user experience (UX). Payments with Google Pay and Apple Pay would be […]
The news of BNB becoming listed on the OKX exchange surfaced a few hours after prominent crypto millionaire Elon Musk started following OKX’s Twitter account. BNB increased by 3% as a result of this news, according to CoinMarketCap. OKX exchange is home to one of the most well-known cryptocurrency exchanges in the world. Presently, OKX […]
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 […]
