Monthly Archives: November 2023

BNB/USD Price Analysis – November 24 The rate of Binance Coin (BNB) has experienced a 0.81% increase over the past 24 hours. On the hourly chart, the price of BNB is currently trading near the local support level of $233.4. If the daily bar closes in proximity to this level, a breakout could lead to[Read more…]

The Appeal of opBNB in the GameFi Landscape The combination of high transaction capacity and low fees positions opBNB as the natural choice for high-frequency sectors, particularly in the realm of Web3 gaming. opBNB’s transactions per second (TPS) have surged to an impressive 39.09, surpassing the rates of most Ethereum Layer 2 solutions. Notably, the[Read more…]

Binance Holdings Ltd. and CEO Changpeng Zhao’s Guilty Plea Binance Holdings Ltd., the parent company of Binance US, has recently come under scrutiny due to its CEO, Changpeng Zhao, known as CZ, entering a guilty plea in a case brought by the Department of Justice (DOJ). This development raises crucial questions about the safety and[Read more…]

BNB Price Analysis After reaching a high of $274 on November 21, Binance Coin (BNB) witnessed a decline below the moving average lines. Although the price has returned above the 50-day Simple Moving Average (SMA), it remains trapped between the moving average lines. Currently, the upward movement is facing resistance at $240. If BNB falls[Read more…]

Binance’s U.S. Settlement: A Game Changer for Crypto Stability, Says JPMorgan Binance’s recent settlement with U.S. authorities marks a significant step in reducing systemic risks in the crypto industry, according to JPMorgan. The agreement is seen as a positive development for both the exchange and the wider crypto market. “This settlement underlines a shift towards[Read more…]

Binance Faces Legal Challenges and Leadership Changes Binance, the world’s largest crypto trading platform, is currently grappling with a $4.3 billion settlement and the resignation of CEO Changpeng Zhao (“CZ”). These developments come in the midst of significant legal challenges. Resilience in the Crypto Market The crypto market has displayed resilience despite the upheaval at[Read more…]

BNB Chain’s Web3 Growth Stories BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain, is highlighting the compelling growth stories of the projects that emerge from its project development program, starting with its hackathons. This comes in the wake of BNB Chain’s Istanbul Hackathon, which saw the emergence of a[Read more…]

The Binance – US Department of Justice Agreement and Cryptocurrency Markets The recent agreement between Binance and the US Department of Justice has sent shockwaves through the cryptocurrency markets, resulting in significant price fluctuations. This article provides an analysis of the price movements of four prominent cryptocurrencies affected by these developments. BNB Predictions November 21st[Read more…]

FTT Demand Surges as Investors Turn Away from BNB Recent developments surrounding Changpeng Zhao’s resignation as CEO of Binance have had a profound impact on the cryptocurrency market, leading to a significant surge in demand for FTT, the native token of FTX exchange. This shift in sentiment is particularly notable as investors continue to shy[Read more…]

A Binance Critic’s Bold Prediction A critic of Binance, known as “Whale Wire,” and claiming to be a crypto whale, has recently predicted a significant downturn for BNB, the native currency of the BNB Chain. The prediction suggests a potential 95% plunge to under $5 in the coming months. Impact of Regulatory Challenges on Binance[Read more…]