Crypto Projects Enhancing Value Crypto projects always enhance their networks to provide value to token holders. There’s been much focus on expanding the use cases and improving the network for Binance Coin (BNB). Uniswap (UNI) has been trending upwards and may see prices surge above the $4.5 resistance level. Analysts are optimistic about Kangamoon (KANG)[Read more…]
Monthly Archives: September 2023
Binance Coin (BNB) finds itself in a state of limbo as it extends its sideways pattern on the lower timeframes. BNB has been treading water for nearly a month, caught in a tight range between the support at $205 and a stubborn resistance zone spanning $220 to $225. While on-chain metrics hint at the potential[Read more…]
Maintaining a downward trend for the past few months, the BNB price failed to rise above $350 in 2023. Leading to a sharp reversal to $200, the downtrend creates a falling wedge pattern in the one-day chart. The BNB price is $216.60 with an intraday fall of 0.32%. Moreover, the bears seem to be in[Read more…]
Pre-Requisites to Claim opBNB Genesis NFTs You’ll need to have completed a list of tasks. These tasks are from opBNB’s “The Odyssey From Testnet to Mainnet” Campaign. Sad to say, this campaign has come to an end as of the time of writing this article. Its validity period was from August 10th 2023 to September[Read more…]
Binance Charity’s Response However, CZ Binance, the CEO of Binance, took to Twitter to explain Binance Charity’s approach to this controversy. CZ addressed some of the criticisms against Binance’s donation and responded to each of them. He stated, “People need food and water, not crypto. We agree with that. Binance has a history of providing[Read more…]
Binance.US Trading Volume Decline Binance.US‘ weekly trade volume has witnessed a significant decline, plummeting from an annual high of nearly $5 billion to a mere $40 million. This alarming drop was reported by crypto data firm Kaiko on September 18. This decline in trading volume can be attributed to multiple factors, including: These recent challenges[Read more…]
Binance Coin (BNB) has recently faced turbulence in its price due to the SEC’s lawsuit against Binance.US. However, there are signs of a potential turnaround. Is it too late to buy Binance Coin? The SEC’s Lawsuit Against Binance Binance, one of the leading cryptocurrency exchanges, has become a prominent player in the Securities and Exchange[Read more…]
ChatGPT Predicts BNB’s Price Range ChatGPT predicts that BNB will reach the price range of $50-$100 towards the end of 2023 even as more regulatory hurdles arise. Binance’s Ongoing Legal Troubles Binance (BNB), the largest cryptocurrency exchange, has been plagued by negative news for the last few days. Regulatory Scrutiny Around the World In Nigeria,[Read more…]
The resistance at $216, or the 21-day line SMA, is currently slowing down the upward movement. Beyond that, BNB’s price fluctuates between $200 and $216. At the time of writing, the altcoin is valued at $215. The altcoin is now rejected at the 21-day line SMA. If selling pressure picks up, the market will fall[Read more…]
BNB still managed to achieve its highest weekly volume in the last 24 hours. This may explain why the price continued to rally although the lack of enthusiasm suggests that BNB bulls are pulling their punches. Binance US found itself in a pickle as the SEC pushes the pedal on regulatory scrutiny. BNB confidence dropped[Read more…]