Author Archives: BSCN NEWS REPORTS

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…]

Binance Coin Price Prediction 2023-2032 BNB Price Predictions: Binance coin and the entire crypto market have seen little gains in the past few days, as prices have been consolidating in tight regions. BNB prices have dropped by 14.11% since touching $248.9 in August 2023. What does the future hold for Binance Coin? How much is[Read more…]

Introduction BNB (BNB) is currently facing selling pressure after Binance’s $4.3 billion settlement with the U.S. government, while BLUR (BLUR) started falling amidst Ponzi scheme allegations. On the other hand, VC Spectra (SPCT) is gaining popularity, having raised $2.4 million during its private sale. Comparison of BNB, BLUR, and SPCT Which of these three picks[Read more…]