Monthly Archives: September 2023

Binance Charity’s $3 Million BNB Airdrop for Moroccan Earthquake Victims Binance Charity, the philanthropic arm of the world’s largest cryptocurrency exchange, Binance, has launched a $3 million BNB airdrop initiative to provide support to victims of the recent devastating earthquake in Morocco. This relief effort aims to benefit approximately 70,000 Binance users residing in Morocco[Read more…]

Active Address Numbers in BNB The latest tweet from the highly regarded analyst Coin98 unveiled the top cryptocurrencies based on their daily active addresses. According to the tweet, Tron (TRX) maintained its position as the leading blockchain, followed closely by Bitcoin and BNB. Nevertheless, the difference between the two was minimal. BNB boasted 970 thousand[Read more…]

BNB’s Daily Transactions vs. Bitcoin When it comes to daily transactions, BNB still holds a substantial advantage over Bitcoin. Social Dominance: BTC vs. BNB However, in the realm of social engagement, Bitcoin dominated BNB in the previous week. BNB Chain vs. Bitcoin: Active Addresses Battle BNB Chain (BNB) has maintained its second position among cryptocurrencies[Read more…]

The Cryptocurrency Industry’s Tumultuous Tale As the sun rises on the world of cryptocurrencies, whispers of intrigue emerge from the shadows, potentially reshaping the industry’s narrative. In this unfolding drama, Binance, a crypto giant, finds itself at the center of a heated debate. Russian Lenders and Binance’s Role Recent reports from The Wall Street Journal,[Read more…]

What is BNB Chain and its ecosystem? BNB Chain is a blockchain project initially founded by the cryptocurrency exchange Binance in 2019. However, it has since become community-driven. Binance states that it is one of many contributors operating within the BNB Chain ecosystem. The name “BNB Chain” stands for “Build ’N Build” Chain and emphasizes[Read more…]

Understanding a Bear Market Like traditional financial markets, the cryptocurrency market experiences cycles, with two primary phases: the bull market and the bear market. The bear market is characterized by heightened investor fear and reduced confidence in the market’s outlook. Typically, high sell-off volumes by whales and institutional investors deter investors from the crypto niche.[Read more…]

Introduction In this article, we will analyze the price movements of Binance Coin (BNB) on September 9 and provide insights into its short-term and midterm prospects. Hourly Price Analysis The price of Binance Coin (BNB) has shown a modest increase of 0.24% compared to the previous day. On the hourly time frame, BNB encountered resistance[Read more…]

Current Price and Recent Trends Binance Coin (BNB) has encountered several challenges in recent months as it repeatedly dropped from resistance levels, forming a falling wedge pattern. As of the latest data, BNB is trading at $214.94. Over the past 24 hours, it has experienced a modest 0.9% decrease, with a slight 0.6% gain in[Read more…]

Key Points: Binance Coin (BNB) continues its upward momentum, with BNB Chain experiencing an impressive 40% increase in users despite a bearish cryptocurrency market. The platform’s user growth surpasses Ethereum, boasting 385.7 million users compared to Ethereum’s 243.1 million unique addresses, highlighting its resilience and appeal in the blockchain industry. In a noteworthy development, Binance’s[Read more…]

Binance Coin’s Recent Performance Binance Coin (BNB) has encountered a significant setback, retracing from its overhead resistance for the third time in just two months. This decline has led to the formation of a falling wedge pattern, a technical indicator characterized by declining peaks and troughs confined within two converging trend lines. Current BNB Price[Read more…]