Author Archives: BSCN NEWS REPORTS

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…]

Binance Coin Eyes $1000 Peak Binance Coin (BNB) is currently positioning itself to reach a new high in the market, targeting a value between $800 and $1000. Despite setbacks in the broader cryptocurrency market, BNB has maintained a relatively stable price range, avoiding the sharp declines seen by many other altcoins. This resilience is attributed[Read more…]

Every Altcoin’s Peak Targets Every altcoin has set peak targets, which sometimes materialize at the peak of bull markets. They can even see bull peaks far beyond the targets discussed for years. There are three important reasons supporting the targeted $800-1000 peak for a popular altcoin. So, what are they? Binance Coin (BNB) Future Despite[Read more…]

BNB Price Analysis: May 2024 Overview BNB (BNB) price experienced a two-day rally, pushing it above $600 to reach $605 on May 9. Despite a slight pullback, the data indicates bullish sentiment for BNB on longer timeframes. Over the last 30 days, BNB has surged by 83%, and in 2024 alone, it has seen a[Read more…]

Exploring the Market Performance of BNB and Solana Binance Coin (BNB) and Solana (SOL) are among the top 10 cryptocurrencies by market capitalization. As the global cryptocurrency market experiences a slight crash with a 0.55% drop in market capitalization, these two tokens’ performance becomes even more significant. In this article, we will delve into their[Read more…]

BNB Chain Ecosystem Adapts with Liquid Staking The BNB chain ecosystem is progressing with innovations such as Liquid Staking (LSDFi), designed to boost network effectiveness and security. This new approach aims to build a broader and stronger validator network by implementing triple voting incentives and partnership rewards. Following these enhancements, Binance Coin (BNB) saw a[Read more…]