Author Archives: BSCN NEWS REPORTS

Challenges Loom Over BNB Despite Price Jump BNB’s recent price surge faces skepticism about its sustainability. Despite the optimism, analysts express concerns that the upward trend may not persist into year-end. Since its debut in 2017, BNB has navigated numerous market hurdles, and its primary utility—providing fee reductions on Binance—may not be enough to guarantee[Read more…]

The Rise of BNB and LINK: A Crypto Millionaire’s Dream In the not-so-distant past, cryptocurrencies like Binance Coin (BNB) and ChainLink (LINK) made crypto enthusiasts millionaires. They believed in their potential to eventually produce insane ROIs despite the price being below $1 at launch. RCO Finance (RCOF) could be the next project to achieve this[Read more…]

Introduction This article examines cryptocurrencies with promising potential for traders looking for investment opportunities. We analyze various digital assets that show potential for growth and profitability. The altcoin market is preparing for a surge in growth. As investors anticipate a bullish trend, there’s significant interest in identifying currencies that could yield substantial profits. This analysis[Read more…]

Challenges Loom for BNB’s Price Surge Amid Negative Predictions BNB, Binance’s native token, has enjoyed a significant price increase over the past year. However, TradingView analysts predict upcoming resistance that might stall this surge, drawing parallels with Bitcoin’s market movements. If Bitcoin fails to maintain its support levels, BNB might also experience a downturn, creating[Read more…]

BNB Bulls Begin Accumulation BNB bulls are gradually accumulating the coin in an attempt to push its price past resistance. Currently, BNB’s price trends within a descending triangle. To break above the upper line of this triangle, the demand for the altcoin must increase significantly. BNB’s Descending Triangle Formation Since peaking at $612 on 27th[Read more…]

Terraform Labs Executes Significant Transactions Terraform Labs, along with its non-profit organization Luna Foundation Guard (LFG), associated with founder Do Kwon, has generated excitement within the crypto community with noteworthy transactions involving Avalanche (AVAX) and Binance Coin (BNB) tokens. Recently, a wallet linked to LFG transferred a substantial amount of 1,974,000 AVAX worth $71 million[Read more…]

Polygon (MATIC) Reaches 4 Billion Transactions Polygon (MATIC) has recently marked a significant achievement by exceeding 4 billion transactions since its launch in June 2020. The swift uptick in activity on the Polygon network underscores its growing appeal as a provider of effective blockchain solutions, surpassing even the transaction volumes of giants like Bitcoin and[Read more…]

LFG Moves Large Amounts of AVAX and BNB Tokens Luna Foundation Guard (LFG), a Singapore-based non-profit organization connected to Terraform Labs and its founder, Do Kwon, has generated attention in the community with its recent large-scale crypto movements. A wallet address associated with LFG has transferred substantial amounts of Avalanche (AVAX) and Binance Coin (BNB)[Read more…]

Beacon Chain Closure and its Impact Beacon Chain, a temporary solution for orchestrating consensus, is scheduled to close in June. This closure is likely to prompt a reshuffling of tokens within the Binance ecosystem, potentially affecting BNB Coin (BNB). In early 2024, Binance announced the impending closure of Beacon Chain, drawing attention to BNB Coin[Read more…]

A Smart Investor’s Guide to Cryptocurrency A smart investor looks for all avenues that promise great ROI. The crypto market has been getting all the hype and attention lately for similar reasons. However, with so many cryptocurrencies being launched regularly, deciding on a safe cryptocurrency that promises great returns can take time and effort and[Read more…]