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BNB Inches Closer to Its 100 EMA; Is $331 a Next Target?
28.7.2022
BNB token is the key to the entire BNB network that now operates on its self-developed Binance Smart Chain to accommodate faster cryptocurrency transactions and improve the efficiency of its trading platforms. Despite its huge declining market cap, BNB holds the #5 rank with a value surpassing...
BNB Close to Its Immediate Resistance; Will It Cross $260?
28.6.2022
In 2019, Binance launched the Binance Chain, and in 2020 launched the Binance Smart Check. Later, BNB became the native cryptocurrency coin of both blockchains. Until recently, BNB’s official name was Binance Coin, but in February this year, it rebranded to BNB, which stands for build...
BNB Retests $200 Level Again Within a Month!
15.6.2022
Binance Coin turned BNB token; an ERC 20-based utility token, has made huge fame in the last two years. However, its real-life utility and applications have made it among the top-performing cryptocurrencies since its inception. Bitcoin tumbling to $20,000, ETH falling to $1050; how long could...
Binance Coin (BNB) is Ready for Rally After Initiating a Recovery!
13.5.2022
Binance is one of the largest crypto exchanges that rival market leaders like Coinbase, Gemini, and FTX. Binance decided to create an efficient blockchain to handle data management. At first, their Binance Chain was blockchain, focused only on the Binance exchange but soon transitioned towards...
Binance Coin Reflects Consolidation; $440- $480 Becomes Resistance
28.4.2022
BNB has been enjoying the 4th position on market leaders charts with a net market capitalization of USD 64 billion, and close to 98% of tokens are currently in circulation. Once further supply ends, the demand for BNB coins will ensure the rise of market value for BNB. This would bring in...
Binance Coin (BNB) Closes on Its 200 DMA Curve of $466!
29.3.2022
Binance Coin has finally been able to reach the top levels of its consolidative zone. At the current value of $436, BNB is worth close to USD 72 billion, with a total circulation supply of 165.1 million Binance Coin tokens. Still, the volume of transactions on BNB remains less than 2% of its total...
BNB Should be in Your List for Portfolio Diversification
20.1.2022
The purpose of BNB is to use it as a medium of exchange on Binance, the most popular crypto exchange. The users who use this coin on the exchanges and spend it on trading receive brokerage discounts. It is also used to pay gas fees on the exchanges. BNB is a token that can be …
Binance Coin (BNB) Manages to Stay Above $600, What’s Next?
15.11.2021
Cryptocurrency exchange plays a vital role in maintaining the whole crypto ecosystem. Binance has been doing this without any headquarter. This inventive decision has made it the world’s fastest-growing cryptocurrency. Now Binance Coin has a market cap of $107,666,956,207.95. Many investors...
Binance Coin Closes Towards $500. Can It Retest $700 Levels?
25.10.2021
Binance Coin found support at $700 after the flash crash shook everyone to the core. Are cryptocurrencies anywhere safer, or will decentralized exchanges be better equipped to deal with such flash crashes? A 50% price fall within a minute, and retracement back to the same level is a nerve-wracking...
Binance Coin (BNB) Follows Bitcoin to Breach September High!
14.10.2021
After days of trailing behind Cardano in terms of market capitalization, a recent up move has helped Binance Coin get back its third position. This time BNB has created a difference of close to 15% between its and ADA’s market capitalization. One might wonder why BNB. Well, Binance is...
Why Does Binance Coin Have a Huge Futuristic Potential?
27.9.2021
Binance Coin has a unique journey after being developed by the Binance Exchange in 2017. It was initially used as a discount coin. Being considered a utility token, it didn’t carry much weight and traction. But in September 2020, BNB launched Binance Smart Chain, a parallel chain purely...
Binance Coin (BNB) Has One Last Resistance To Overcome!
17.8.2021
Binance Coin is the native token of the Binance ecosystem comprising Centralized Exchanges, Decentralized Exchanges, Binance Chain, Binance Smart Chain, and its crypto financial services. At present, Binance Coin faces stiff resistance near $431 levels, which comes out as an essential Fibonacci...
Binance Coin (BNB) Faces Difficulty in Crossing 200-DMA
27.7.2021
Starting with the objective of creating an ERC20 token to support discount fees, BNB has expanded to multiple horizons. Currently, BNB is the 4th largest cryptocurrency with a market capitalization of over $51 billion. While all other cryptocurrencies are rallying and trending, BNB is sitting...
Absa Bank (S. Africa) Bars Clients From Dealing With Binance
25.6.2021
Imposing a ban on the purchase of digital coins, a Bank in South Africa, Absa Bank, has prohibited clients from purchasing cryptocurrencies on the Binance crypto exchange. Absa Bank, one of the largest banks in the region, has taken the step owing to Binance’s non-compliance with its policies...