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BNB Value Improve To Proceed? This Resistance Might Set off Contemporary Rally
BNB price is attempting a fresh increase from the $288 zone. The price could start a fresh rally if there is a clear move above the $310 resistance. BNB price is showing bullish signs above the $300 pivot level. The price is now trading below $310 and the 100 simple moving average (4 hours). There…
Will BNB Proceed To Drop Or Bounce Again To Create A New All-Time Excessive?
BNB, the native token of the Binance Smart Chain, experienced a drop on Friday, showing a huge red candlestick after opening at around $305 and moving downward toward $297.93. This downward move began with a rejection at $312.53 on Wednesday, thereby creating resistance at the same level. At the time of writing, the price still…
Binance Units New File: Spot Buying and selling Quantity Reaches $427 Billion
According to a recent CoinGecko report, Binance, the world’s largest centralized exchange (CEX) by trading volume, has retained its market leadership position in 2023.  Despite facing increased regulatory scrutiny and undergoing significant leadership changes, Binance maintained a market share of 43.7% and saw its spot trading volume rise to $427.1 billion in December 2023, representing…
Binance Sensible Chain (BSC) Market Cap Hits New Milestone, Registering 48% QoQ Surge
Binance Smart Chain (BSC) has demonstrated notable growth in key metrics during the fourth quarter (Q4) of 2023, as highlighted in a comprehensive report by Messari.  As the third-largest Layer-1 protocol by market capitalization, BSC experienced positive progress across its financial indicators, signaling a productive quarter for the blockchain ecosystem. Binance Smart Chain Record-Breaking Transactions…
BNB Value Might See Main Drawdown If It Fails To Keep Above This Assist
BNB price started a fresh decline from $320 resistance zone. The price is now retesting the $290 support and is at risk of more downsides. BNB price is gaining bearish momentum from the $320 resistance. The price is now trading below $310 and the 100 simple moving average (4 hours). There was a break below…
Binance Coin (BNB) Blasts Off: 10% Achieve Sparks $350 Worth Predictions
In the volatile world of cryptocurrencies, Binance Coin (BNB) has emerged as a strong contender, decoupling from the market’s recent downturn. While other digital assets fell, BNB showcased resilience, demonstrating a price surge towards a critical level that could dictate its future trajectory in the days to come. At the time of writing, BNB was…
BNB Value Indicators Bullish Exhaustion, Are Dips Enticing In Quick-term?
BNB price is struggling to clear the $320 resistance zone. It might decline toward the $288 support zone before the bulls aim for another increase. BNB price is struggling to gain traction above the $320 resistance. The price is now trading near $310 and the 100 simple moving average (4 hours). There is a major…
BNB Quarterly Burning: Over 2 Million Tokens Vanish, Valued At $636 Million
In a recent announcement by Binance, the BNB Foundation declared the successful completion of the 26th quarterly Binance Coin token burn through the BNB Chain. The burn, which included Auto-Burn and the Pioneer Burn Program, eliminated a significant amount of the exchange’s native token from circulation.  BEP95 Initiative Results In 210K BNB Permanently Burned During…
BNB’s Liquidity Fell In This fall 2023, Bitcoin, XRP, And Dogecoin Lead
Amidst regulatory scrutiny and leadership changes, Binance Coin (BNB) lost its footing in the liquidity race, slipping to 13th place in Q4 2023, according to Kaiko data on January 11. This surprising development contrasts BNB’s position as the third-largest cryptocurrency by market capitalization, raising questions about its general liquidity. Dogecoin Flips BNB In Liquidity Rankings Kaiko’s findings,…
BNB Worth Prediction – Why Bulls Might Purpose Contemporary Rally To $350
BNB price is holding gains above the $300 pivot level. It is showing positive signs and might rally toward the $350 resistance zone. BNB price is moving higher above the $300 resistance. The price is now trading near $310 and the 100 simple moving average (4 hours). There is a key declining channel or a…