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BNB coin looks to rebound from the current low

20.5.2024
BNB has hit a near resistance of $586 and is now trading at around $580. The next best support for the crypto is at $576; falling beneath that margin would potentially open the door for a further fall. The current dip is below the 4-hour 100 Simple Moving Average. To mark a rebound, BNB must …

DEX volume rises: What does it indicate for BNB’s price?

13.5.2024
According to Artemis data, Binance’s BNB Chain decentralized exchange (DEX) trading volume has spiked beyond $700 million for the first time since May 2. This rise in DEX volume is indicative of heightened user activity and involvement on the BNB Chain network. This climb in BNB Chain’s...

Can BNB hit $650 by April’s end? The race is on!

26.4.2024
The Binance Coin (BNB), the significant token of the crypto exchange platform Binance, has demonstrated remarkable strength and growth despite the adverse crypto market. After the price bottomed at $512 on April 17th, BNB soared 18.4% and went above $607.  This remarkable recovery has placed BNB...

BNB Announces Native Liquid Staking Addition in BSC

26.4.2024
BNB Chain, one of the largest smart contracts-enabled ecosystems in the crypto environment, has announced the inclusion of native liquid staking in its BSC blockchain. The new feature aims to allow validators to secure the network and maintain the liquidity of its assets while the ecosystem...

Binance takes to burning more than $1.17 billion worth of BNB tokens

25.4.2024
Binance, a prime cryptocurrency exchange, has taken $1.17 billion worth of coins from circulation, amounting to 1.3% of the contained asset. For Binance, this is part of getting over its 27th quarterly BNB token burn exercise.  This was not the burning of tokens related to the Pioneer Bum program. ...

REZ tokenomics statement on Binance depegs Renzo’s ezETH 18.3%

25.4.2024
The fall of the Renzo restaking token was within minutes before its ultimate recovery, and it trades below ether as of now. This trend is probably due to the user’s intention to exit ezETH after getting an idea about Renzo restaking token’s totally confusing distribution plan.  Some crypto experts...

Prosecutors in the US are contemplating 3 years imprisonment for Zhao

24.4.2024
Prosecutors in the US strongly feel that the founder and ex-chief executive of Binance, Changpeng Zhao, deserves a three-year sentencing, as per a recent filing. In the opinion of the Department of Justice, Zhao’s illegal activities were intentional and deliberate. It was an act carried...

BNB price reaches $600, eyes record highs in 2024!

23.4.2024
The BNB value has picked up to about $520, with the current price indicating a great chance to bounce back significantly. This trend in BNB’s price growth follows the performances of other widely used cryptocurrencies, such as Ethereum and Bitcoin, indicating that investors around the globe...

How did Binance extend its reach into the gaming industry?

15.4.2024
BNB, Binance Coin’s recognizable ticker, stands out as the main currency of the exchange. Functioning on Ethereum’s blockchain as an ERC-20 token, BNB upholds established standards, with its supply capped at 200 million tokens. Serving pivotal roles within the Binance ecosystem,...

BNB surges 10%, eyes $700 peak as ecosystem booms

27.3.2024
Over $3.02 billion in total value has been locked on PancakeSwap, the biggest DEX on Binance, marking a 25% profit in the last 30 days. Binance’s BNC token has seen a significant increase in value, rising by +190% from its lowest position in September 2023. Since its BNC token has grown...

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