Binance Coin Price Long-Term Forecast: Bullish The price of Binance (BNB) coin experienced a surge to a high of $257.10 on December 12, followed by a subsequent decline. Currently, the cryptocurrency is at a crucial juncture, poised to either rise above or fall below the moving average lines. This pattern has persisted since July 14.[Read more…]
Monthly Archives: December 2023
Bulls Attempting a Comeback, Notes CoinStats According to CoinStats, bulls are making an effort to regain control in the market. BNB/USD Overview Unlike other coins, the rate of Binance Coin (BNB) has experienced a 0.19% decline. On the hourly chart, the price of BNB is approaching the local support level of $248.2. A potential breakout[Read more…]
Introduction On December 14, Binance, the blockchain ecosystem powering the world’s largest crypto exchange by trading volume, unveiled insights into its users’ primary crypto applications today. As part of its campaign, “Crypto is better with Binance,” and the initiative to showcase practical crypto applications globally, Binance surveyed to gain deeper insights into users’ motivations and[Read more…]
BONK’s Remarkable Surge In recent weeks, BONK has been smashing records, with its price reaching new heights almost daily. The latest surge witnessed the coin’s value skyrocket by 100% in the last 24 hours and an impressive 1,000% increase over a 30-day period. BONK is now on the verge of achieving a remarkable market capitalization[Read more…]
Binance Announces BONK Listing BONK, the Solana-based memecoin, has recently experienced a surge of over 110% in the last 24 hours, capturing the attention of crypto investors. The current BONK price stands at $0.00002815, contributing to a market cap of $1.8 billion. Notably, BONK has surpassed the popular memecoin PEPE Coin, expanding its market size[Read more…]
Binance, Binance.US, and CZ Seek Dismissal of SEC Lawsuit Binance Holdings and former CEO Changpeng “CZ” Zhao have jointly filed a motion requesting the court to dismiss the U.S. Securities and Exchange Commission (SEC) lawsuit with prejudice, citing the lack of plausible allegations regarding investment contract and securities violations. Binance’s subsidiary, Binance.US, has also submitted[Read more…]
Binance Coin Poised for a 20% Upside Binance’s native BNB coin has exhibited notable strength on the technical chart, suggesting a potential 20% upside from current levels. Despite a broader altcoin market facing selling pressure and displaying weakness on the weekly chart, Binance Coin (BNB) has emerged as a resilient performer after a period of[Read more…]
BNB Chain Unveils Greenfield Roadmap BNB Chain recently revealed the roadmap for its Greenfield decentralized storage network, with a focus on integrating web2 and web3 technologies and fostering innovation to drive blockchain adoption. In a statement released on December 12, the company outlined key milestones in Greenfield’s development, describing it as an ambitious journey aimed[Read more…]
Introduction BNB Chain has officially released its technology roadmap for Greenfield, a significant milestone aimed at elevating blockchain performance, enhancing development experiences, and expanding multi-chain capabilities. This strategic initiative targets both Web2 and Web3 developers and users. Roadmap Highlights According to the official statement, the Greenfield roadmap is meticulously designed to propel the mass adoption[Read more…]
BNB Head-and-Shoulders Pattern Analysis BNB is potentially forming a head-and-shoulders pattern, a significant chart pattern indicating a potential trend reversal. According to Ali, a decisive close above the neckline at $261 might act as a trigger for a bullish breakout. The head-and-shoulders pattern is considered a powerful indicator, often signaling a shift in market sentiment.[Read more…]