Author Archives: BSCN NEWS REPORTS

Binance Coin Falls Below Crucial Support Level: Will Bullish Momentum Return?

Binance Coin (BNB) Slumps by 2.4% as Market Uncertainty Prevails The crypto market has seen a general slump in the last 24 hours, which pushed the price of Binance Coin (BNB) by 2.4%, causing it to dip under a key support level. Additionally, Bitcoin (BTC) has experienced a correction and dipped under the $28k price[Read more…]

BobaBNB Achieves New Milestones: Processes Record 2.8 Million Transactions and Surpasses 45,000 Wallets in April

BobaBNB Achieves Record-Breaking Transactions on Boba Network Boba Network, a leading multichain Layer 2 (L2) solution, has announced that its platform, BobaBNB, processed 2,863,240 transactions in April. This impressive figure is a significant surge from the previous months, with 585,818 transactions in March and 99,362 transactions in February. BobaBNB has over 45,000 wallets, and it[Read more…]

Crypto Whales Invest Millions to Amass $2 Trillion $PEPE Despite Price Decline

Three Crypto Whales Spend $4M on $PEPE Coin Despite its Dropping Value Three crypto whales have spent around $4 million in $PEPE, a meme-based cryptocurrency, despite its decreasing value, in a demonstration of high-stakes speculation. Lookonchain, a popular blockchain activity tracking service, revealed on Twitter that this significant PEPE accumulation began after the price of[Read more…]

Assessing the Risks of Binance: Is it Safe to Use?

Binance: Should You Be Worried? Binance is a major player within the cryptocurrency industry, having risen to prominence in 2017 as part of the Initial Coin Offering (ICO) boom. However, concerns have been raised about the centralization of Binance Coin (BNB) and recent legal actions brought by the Commodity Futures Trading Commission (CFTC), leading some[Read more…]

Binance Incorporates Bitcoin Tickers as Registrations Double Within a Week

Binance to Add Support for Bitcoin Ordinals on NFT Marketplace Top global crypto exchange Binance announced that it plans to support Bitcoin Ordinal inscriptions on its non-fungible token (NFT) marketplace by the end of May. This means Binance users will no longer have to use a separate wallet to trade Ordinal inscriptions, also known as[Read more…]

Binance’s Ecosystem Sees Recovery, But BNB Still Faces Challenges

Binance’s Ecosystem Sees Recovery, But BNB Still Faces Challenges Binance, one of the largest cryptocurrency exchanges, faced several challenges at the beginning of 2023. These challenges included regulatory crackdowns and an increase in the number of hacks on its BNB Chain. However, amidst the uncertainty, there was a silver lining for the crypto juggernaut. Rebounding[Read more…]

Binance Coin Approaches $300 Level Driven by Bears as Bullish Momentum Subsides

Binance Coin Faces Bearish Trend in Crypto Markets Binance Coin (BNB), the native cryptocurrency of the Binance exchange, has been facing a tough time in the crypto markets lately. Despite a strong push from the bulls to drive the coin’s price higher from the $320-$325 region, the bears took over and sent the price tumbling[Read more…]