Monthly Archives: December 2023

Get ready for a crypto revelation in 2024! The industry is buzzing about a potential BNB eclipse as a new entrant emerges amidst Binance’s crisis. Brace yourself for unprecedented gains and market turbulence. In this article, we explore the resilience of VC Spectra (SPCT) and its noteworthy surge amid the crypto storm. Summary Amid a[Read more…]

Orbs Invests $600K in BNB Chain Liquidity Layer THENA (8 Dec) Blockchain infrastructure company Orbs has recently announced a substantial investment, committing up to $600,000 in the liquidity layer and decentralized exchange THENA. This strategic move is aimed at providing THENA with the necessary capital to expand its core products and increase TVL, ultimately reshaping[Read more…]

Few names resonate with as much authority as Binance in the crypto sphere Yet, even this giant seems to stumble, as illustrated by the recent performance of its BNB token. While the crypto market has experienced a spectacular surge, BNB struggles to keep pace, highlighting the complexity and unique challenges that this influential platform faces.[Read more…]

Spot Market Share Trends Year-to-date, crypto exchanges Upbit, Bybit, and OKX have made significant gains in spot market share, according to on-chain analytics firm CCData’s Exchange Review. On the flip side, Binance, BeQuant, and Crypto.com have witnessed a decline in spot trading volume market share: Derivatives Market Share Trends When examining derivatives volumes, OKX and[Read more…]

BNB’s Performance Overview Despite the significant rally across the crypto market, Binance’s BNB is down by nearly 5% in a month. BNB’s immediate competitor, Ethereum, is up by over 25% in a month. Also, recent statistics reveal that while the cryptocurrency market experienced an approximately 12% increase in value, amounting to an upswing of around[Read more…]

Binance Coin Faces Challenges Amidst Price Fluctuations The price of Binance Coin (BNB) is currently in a downtrend zone, but the altcoin is making attempts to reclaim its recent highs, as analyzed by Coinidol.com. Long-Term Price Prediction: Bearish The 50-day Simple Moving Average (SMA) and resistance at $235 have been key factors rejecting positive momentum[Read more…]

Binance’s Dominance Erosion Binance, the largest cryptocurrency exchange globally, is poised to lose its leading position following a guilty plea to US charges and a record $4.3 billion penalty. While the total market value of cryptocurrencies has surged by 12% or $180 billion in the past week, Binance Coin (BNB), the platform’s native token, has[Read more…]

Cryptocurrency BNB: Facing Challenges and Uncertainties The cryptocurrency world is witnessing a challenging phase for Binance’s token BNB, presenting hurdles for the exchange giant amidst the recent crypto rally. The token’s performance in the market, following the conviction of its former CEO and a hefty $4.3 billion fine for Binance, underscores the obstacles faced by[Read more…]

BNB Chain Launches DAU Incentive Program BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain, today announced the launch of its DAU (Daily Active Users) Incentive Program for projects building on BNB Chain. The program, which will offer rewards of up to $200,000 USD in BNB tokens per month, will[Read more…]

Binance Resurgence: Unveiling a Generous $500,000 Airdrop and Compensation Bonanza Buckle up! Binance is gearing up to distribute $500,000 in cryptocurrencies to approximately 1 million users. Simultaneously, the leading crypto exchange has announced a compensation plan for traders holding AEUR, a stablecoin that experienced a depeg from the euro. Here are the details! Binance’s $500,000[Read more…]