Category Archives: BSC News

Introduction Wanchain has recently announced the launch of decentralized bridges for the Cardano network, facilitating connectivity between Cardano and eleven prominent blockchain networks. Supported Networks The decentralized bridges initiative by Wanchain allows Cardano to connect with the following major blockchain networks: This development comes more than a year after Wanchain’s initial announcement about deploying cross-chain[Read more…]

Introduction Asking ChatGPT about the future price range of Binance Coin (BNB) by the end of 2023 has led to some surprising insights. In this article, we delve into recent developments, regulatory challenges, and price predictions for BNB. Regulatory Developments Recent events have highlighted the regulatory challenges Binance (BNB) faces worldwide: Price Performance and Ripple’s[Read more…]

Ethereum (ETH) Price Analysis Ethereum Gains 0.31% Against Bitcoin Today’s marginal increase in Ethereum (ETH) hasn’t significantly altered its technical standing on the daily chart. To regain momentum, buyers must push the price above the $1,900 threshold. Only then will there be a chance for midterm growth. Current Ethereum price is $1,851. Binance Coin (BNB)[Read more…]

Altcoin Season Is Coming, Predicts Expert In the last three weeks, the daily altcoin market cap has been hovering around $230 billion. For the h&s pattern to complete, it needs to surpass the $300 billion mark, said a prominent analyst Olszewicz. Olszewicz noted a potential triple bottom or inverted head-and-shoulders in the altcoin market cap[Read more…]

Bitcoin (BTC) Price Analysis After the Aug. 11 Bitcoin ETF decision delay, Bitcoin’s price action appears to continue its consolidation trend. Bitcoin’s tight-range consolidation frustrates investors as the direction of a breakout remains uncertain. A prolonged range often leads to a stronger eventual breakout. Traders should remain vigilant for the breakout opportunity. Notably, bulls retain[Read more…]

h2>Binance Coin Price Prediction 2023-2032 Price Predictions Despite recent gains, BNB and the crypto market have lost momentum. BNB prices dropped by 6.46% since reaching $260 in July 2023. What Does the Future Hold for Binance Coin? Current Binance Coin Stats: Binance Coin Price Analysis Bearish Swing Impact The latest analysis indicates a strong bearish[Read more…]

Binance Labs Invests $10 Million in Helio Protocol In a significant move indicating cross-chain aspirations, Binance Labs, the venture arm of Binance, has invested a notable $10 million into the LSDfi protocol Helio Protocol. Currently built on the BNB Chain, Helio Protocol isn’t just stopping there. It has its eyes set on Ethereum for its[Read more…]

Investment Boost: Binance Labs Supports Curve DAO with $5 Million Investment In a strategic move to bolster the decentralized finance (DeFi) sector, Binance Labs, the venture capital and incubation arm of Binance, has committed a substantial $5 million investment in Curve DAO Token (CRV). The Ethereum-based CRV token is the backbone of the Curve ecosystem,[Read more…]

Upcoming Upgrades for BNB Chain Binance’s BNB Chain is set to undergo two significant upgrades in August 2023. These upgrades, named Plato and Hertz, have been carefully designed to enhance the security and compatibility of the blockchain network. Plato Upgrade – August 10th The first upgrade, Plato, is scheduled for August 10th. This upgrade introduces[Read more…]

Innovating DeFi: Binance Labs Invests $10M in Helio Protocol In the dynamic world of decentralized finance (DeFi), the concept of liquid staking has emerged as a game-changing innovation, bridging the gap between staking rewards and liquidity requirements. Helio Protocol, a key player in this arena, has recently captured the attention of industry giants. Binance Labs,[Read more…]