Monthly Archives: August 2023

Time to Convert: Binance’s Update on BUSD Support Binance, the leading global cryptocurrency exchange, has recently issued a critical announcement for its users regarding the future of Binance USD (BUSD), its stablecoin offering. This advisory calls for immediate action as changes are set to take place by February 2024. Convert BUSD to Other Cryptocurrencies Starting[Read more…]

Bluntz’s Projection for BNB Price Bluntz’s analysis suggests that BNB is poised to breach its existing support and potentially establish a new local bottom in its price trajectory. Based on a one-hour BNB/USD chart, Bluntz anticipates further downward movement for the coin. Comparative Analysis of BNB’s Chart Patterns Bluntz compared BNB’s one-hour chart with its[Read more…]

Introduction In a recent announcement, Binance, one of the leading cryptocurrency exchanges, has revealed its decision to delist several trading pairs. Notably, this move affects certain cryptocurrencies paired against BUSD and BNB. Affected Trading Pairs Two significant trading pairs that will be delisted are IOTA vs. BNB and Ankr vs. BNB. The removal of these[Read more…]

Binance’s BNB Smart Chain Upgrade: What’s Happening Binance, a prominent player in the cryptocurrency industry, is currently facing a range of challenges encompassing regulatory and financial issues. In response to these uncertainties, the platform is gearing up to enhance its BNB Smart Chain blockchain. Key Highlights of the Upgrade BNB Smart Chain Network Upgrade Scheduled[Read more…]

BNB Price Movement in the Last 24 Hours Despite the concerns about FUD, BNB’s price exhibited some resilience in the past 24 hours. The token managed to record a modest increase of 0.47%, bringing its trading price to $217.71. Technical Breakout Attempt Technically, BNB has been striving to surpass a crucial resistance level at $220.[Read more…]

BNB Price Movement Against the US Dollar The BNB price (Binance coin) has been showing signs of upward movement, starting from the $202 level against the US Dollar. There is a possibility that the price could experience further gains, targeting the resistance levels at $230 and potentially $235. Technical Indicators The current technical indicators provide[Read more…]

BTC/USD Bitcoin (BTC) faced a lack of momentum as buyers couldn’t sustain the weekend’s gains, resulting in a bearish trend. The BTC/USD rate remains nearly unchanged since the previous day. Despite a minor dip today, the technical outlook for Bitcoin on the daily chart remains stable. The current volume indicates a lack of commitment from[Read more…]

Crypto Exchange Binance (BNB) to Support Hertz Upgrade of BSC: Timeline The BNB Smart Chain network upgrade and hard fork, known as Hertz, is scheduled to occur at block height 31,302,048. The new block is expected to be added at approximately 7:30 a.m. (UTC) on August 30, 2023. Consequently, all deposits and withdrawals of tokens[Read more…]

The Fate of Binance Coin (BNB) Amidst Regulatory Uncertainty As the year 2023 progresses, questions arise regarding the future of Binance Coin (BNB), especially considering the mounting regulatory challenges faced by Binance, the world’s largest cryptocurrency exchange by trade volume. Regulatory Challenges for Binance Binance has been facing increasing scrutiny from regulators in various countries,[Read more…]

Binance Labs: A Driving Force in Web3 Startup Funding Binance Labs, the venture capital arm of the renowned cryptocurrency exchange Binance, has demonstrated its significant influence in the world of venture investment in recent months. Over the past six months, Binance Labs took center stage as the lead investor in more than 80% of the[Read more…]