Monthly Archives: May 2024

BNB Price Struggles to Surpass $600 Due to recent fluctuations in the cryptocurrency market, Binance Coin (BNB) price has entered a noticeable downtrend below the $600 level. Especially as other major cryptocurrencies like Ethereum and Bitcoin have also experienced declines during this period, BNB has joined this trend by falling below the $585 support level.[Read more…]

Changpeng Zhao’s Potential Career Shift Changpeng Zhao, the enigmatic founder of cryptocurrency giant Binance, has sparked a firestorm of speculation with a recent social media post hinting at a potential career shift. Following a legal battle with the US Department of Justice that concluded with a surprisingly lenient sentence, CZ, as he’s known in the[Read more…]

Top Cryptocurrencies to Buy Now Insidebitcoins assesses top cryptocurrency picks daily based on current market trends, recent blockchain developments, and emerging narratives to identify promising investment opportunities. 1. Arweave (AR) Arweave is known for its decentralized storage network, which enables indefinite data retention. It powers the permaweb—a decentralized web hosting platform—using its native cryptocurrency, AR,[Read more…]

BNB Coin Binance is behind the project, which we mentioned has three major bullish catalysts. At the time of writing, the price holding at the $600 threshold did not suffer as much as BTC. The MACD confirms the upward trend, and the RSI is approaching overbought levels again, highlighting the possibility of a quick recovery.[Read more…]

Introduction Over the last decade, the cryptocurrency market has produced some remarkable projects championing the revolution of traditional finance. Binance Coin (BNB), Polkadot (DOT), and Near Protocol (NEAR) have emerged as some of the best cryptos to buy, thanks to their different roles in the growth of the industry. However, for people looking to enter[Read more…]

Former Binance CEO Changpeng Zhao (CZ) to Author Book During Prison Term Former Binance CEO Changpeng Zhao (CZ) plans to write a book during his four-month prison sentence. CZ was sentenced to prison for money laundering violations and resigned as CEO of Binance, which agreed to pay a $4.3 billion fine. CZ Launches “Giggle Academy”[Read more…]

The Consolidation Phase of Binance Coin (BNB) Over the past two months, Binance Coin (BNB) has remained within a range, fluctuating between $506 and $633. Despite this apparent stagnation, indications suggest a potential breakout on the horizon. Assessing Market Trends Despite the lack of significant trending in recent months, traders are finding opportunities within BNB’s[Read more…]

BNB Maintains Strong Position Near $600 BNB, the native crypto of the Binance exchange, maintains a strong position at the $600 level, indicating potential bullish momentum. Whether BNB will reach a new all-time high soon depends on market sentiment and broader cryptocurrency trends. Positive technical indicators and a favorable market could propel BNB to new[Read more…]

Social Volume and Weighted Sentiment Decline Recent data suggests a decline in the popularity of BNB, as indicated by a decrease in both Social Volume and Weighted Sentiment. This decline reflects a shift in sentiment towards the altcoin. Activity on the BNB Network BNB Network Accelerates with Surge in DEX Trading VolumeIn addition to the[Read more…]

The Rise in BNB Chain DEX Volume The BNB Chain is experiencing significant growth in transactions, indicating heightened activity on the network. However, this surge may not necessarily correlate with an increase in the coin’s price. Understanding the Implications The increase in DEX volume suggests a shift in attention back to the BNB Chain. Despite[Read more…]