Category Archives: BSC News

Will BNB Chain’s new update help its struggling metrics?

BNB Chain’s New Update for Greenfield BNB Chain recently announced a new update for Greenfield, which holds the potential to positively impact the blockchain’s fundamental metrics. Over the past 30 days, BNB Chain [BNB] has experienced a decline in its key fundamentals. However, the latest updates released last week concerning BNB Greenfield offer hope for[Read more…]

Binance Aims to Have CFTC Complaint Dismissed

Leading Crypto Exchange Binance Aims to Dismiss CFTC Lawsuit On July 24, Binance, one of the top crypto exchanges known for BNB, announced its intention to seek dismissal of the U.S. Commodity Futures Trading Commission’s (CFTC) lawsuit against the platform. The exchange filed its request with the Illinois District Court. Two Separate Motions for Dismissal[Read more…]

Binance’s Ascendancy in Spot Trading: Outmaneuvering Rivals for Dominance

The Buzz Around Decentralization in the Crypto Market The buzzword thrown very frequently around in the ever-expanding world of cryptos and blockchains is “decentralization”. The idea is that no single entity gets to wield a disproportionate share in day-to-day operations, but rather scattered across several players with equal influence. Centralization of the Crypto Spot Trading[Read more…]

Binance’s CEO CZ and Company Contest CFTC Lawsuit, Pursue Dismissal

Crypto Exchange Binance and CZ Request Dismissal of CFTC Lawsuit Crypto exchange Binance and its CEO Changpeng “CZ” Zhao requested the dismissal of a lawsuit filed by the United States Commodity Futures Trading Commission (CFTC). In a July 27 court filing, attorneys for Binance and CZ accused the CFTC of exceeding its regulatory authority and[Read more…]

Binance Withdraws Application for Crypto License in Germany

Binance Withdraws Cryptocurrency License Application in Germany Binance has withdrawn its cryptocurrency custody license application in Germany. The exchange confirmed its withdrawal to Cointelegraph on July 26, nearly a month after reports of rejections from The German Federal Financial Supervisory Authority (BaFin). On June 29, BaFin reportedly rejected the crypto exchange’s custody license. However, at[Read more…]

Binance Unveils AI-Driven NFT Generator Exclusively for KYC-Verified Users

Binance, a leading cryptocurrency exchange with a dedicated nonfungible token (NFT) arm, has introduced its latest offering – an innovative artificial intelligence (AI) NFT generator named “Bixel.” This cutting-edge tool empowers users to create personalized digital artworks using AI technology. The launch of Bixel took place on July 26, and it is now permanently accessible[Read more…]

BNB Price Analysis: Binance Coin (BNB) Gears Up for Takeoff as it Finds Strong Support

The post BNB Price Analysis: BNB Prices Prepare LIFT OFF From This Support Level! With a 25% fall in early June, the BNB coin price plunged from the heights of $300 to meet at $230. However, the solid buyers absorbing the supply spree started a breather rally for Binance. This bullish revival resulted in a[Read more…]

Binance and CFTC Face Off: Court Announces Upcoming Deadlines

The legal clash between Binance and the CFTC The legal clash between Binance, the world’s largest crypto exchange, and the United States Commodity Futures Trading Commission (CFTC) is reaching a critical juncture. A recent court document has shed light on the next steps in this high-stakes confrontation, setting crucial deadlines that could significantly impact the[Read more…]

Binance Introduces FDUSD Stablecoin with Zero Trading Fees on the Platform

Crypto Exchange Binance Introduces FDUSD Stablecoin with Zero Trading Fees Binance, a prominent crypto exchange, has recently listed the new stablecoin called First Digital USD (FDUSD). To promote its adoption, Binance is offering zero trading fees for selected FDUSD pairs, but only for a limited time. Zero Trading Fees on Select FDUSD Pairs Binance has[Read more…]

BNB Price: Anticipating a Significant Breakout – Upwards or Downwards?

Binance Coin (BNB) Price: Potential Breakout Analysis Binance Coin bulls have shown signs of sluggishness, leading to a concerning dip below the crucial $240 support level. This downward movement suggests that bearish forces may be gaining dominance in the near-term market outlook. Currently, BNB is shaping an intriguing chart pattern known as the inverted flag.[Read more…]