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CATEGORY: bnb price


Binance Coin (BNB) Faces Bearish Pressure: Will It Test The $300-$333 Levels?

Author: Arslan Tabish
Estonia
Sep 13, 2024 02:30

Binance Coin (BNB) Faces Bearish Pressure: Will It Test The $300-$333 Levels?

The Binance Coin (BNB) is under pressure, and the indications are that it may test the $300 to $333 levels. BNB has become bearish in the recent market trends and closed red for three months in a row and could be heading for the fourth. The price of BNB is still trading below the crucial […]

Aug 01, 2024 05:50

BNB Chain TVL Slumps 24% In Q2, Yet Vital Metrics Surge In Double Digits

The BNB Smart Chain (BSC) experienced a mixed performance in the second quarter (Q2) of the year as the broader cryptocurrency market cooled off after a strong price surge in March. While BNB, the native token of the BSC, remained mostly flat, down 5% quarter-over-quarter (QoQ), the network’s key metrics showed both positive and negative [...]

The post BNB Chain TVL Slumps 24% In Q2, Yet Vital Metrics Surge In Double Digits appeared first on Crypto Breaking News.

Aug 01, 2024 05:50

BNB Price Targeting $600: Can It Reclaim This Milestone?

BNB price is holding the $565 support zone. The price is now consolidating and might aim for more gains above $590 in the near term. BNB price started a decent upward move from the $565 support zone. The price is now trading above $580 and the 100-hourly simple moving average. There was a break above [...]

The post BNB Price Targeting $600: Can It Reclaim This Milestone? appeared first on Crypto Breaking News.

Jul 20, 2024 05:55

Binance Secures Approval To Invest US Customer Fiat Funds In US T-Bills, BNB Price Surges

Binance has received court approval allowing it to invest customer fiat funds into US Treasury Bills (T-Bills) after a year of heightened scrutiny of Binance’s operations in the United States. The decision has resulted in a notable price recovery for the exchange’s native token, Binance Coin (BNB), pushing it toward the $600 level.  Court Grants [...]

The post Binance Secures Approval To Invest US Customer Fiat Funds In US T-Bills, BNB Price Surges appeared first on Crypto Breaking News.

Jun 08, 2024 02:30

Binance Coin (BNB) Price Analysis: Analyst Eyes $1,085.7 Target Amid Record Surge

Binance Coin (BNB) has surged to a new all-time high, riding a wave of optimism and indicating a promising path for sustained expansion. Over the past week, BNB has shown remarkable resilience, rallying nearly 20%. In the last 30 days, BNB has maintained its upward momentum, climbing by 18% and solidifying its robust ascent. Despite […]

Jun 05, 2024 05:50

BNB Extremely Bullish: Analyst Targets $1000 Breakout As It Hits New Yearly High

Binance Coin (BNB), the native token of the worlds largest cryptocurrency exchange, has experienced a notable surge of 7% within the past 24 hours.  This upward movement reflects the overall positive trend in the market and places BNB ahead of the top five cryptocurrencies in terms of performance. Interestingly, an important milestone has been achieved as [...]

The post BNB Extremely Bullish: Analyst Targets $1000 Breakout As It Hits New Yearly High appeared first on Crypto Breaking News.

Jun 06, 2024 12:05

Floki Inu (FLOKI) Skyrockets 15% To Reach New All-Time High, Riding The BNB Uptrend

Floki Inu (FLOKI), the dog-themed meme coin, has recently achieved a significant milestone by reaching an all-time high (ATH) amidst Binance Coin’s (BNB) upward trajectory.  With a 15% surge in the past 24 hours, FLOKI reached a record price of $0.0003491, solidifying its position as the largest meme coin on the BNB Chain. Floki Inu Receives Major Boost As DFW Labs Invests $12M This surge comes as Web3 investor and crypto market maker DFW Labs announced a substantial investment of $12 million in FLOKI tokens to support the Floki ecosystem.  The purchase involved acquiring a portion of the tokens from the market and the remainder from the Floki treasury. Notably, DWF Labs purchased $10 million worth of FLOKI tokens in March, which also triggered a significant price surge of over 30%, propelling the token to a nine-month high then. The partnership between Floki and DWF Labs was initially established in May 2023 when DWF Labs purchased $5 million worth of FLOKI tokens. Since then, DWF Labs has been crucial in boosting FLOKI adoption. Related Reading: Shiba Inu Burn Rate Flatlines With 99% Crash, End Of The Road For SHIB? In addition, further developments are on the horizon for Floki, as they plan to release the mainnet version of their flagship utility product, the Valhalla metaverse game, later this year.  Moreover, the team is set to launch several key utility products, including the Floki Trading Bot and the Floki Decentralized Domain Name and Website Service. These upcoming releases have garnered significant attention from investors, resulting in increased buying pressure and a rise in token holders. The protocol boasts a notable milestone, with FLOKI recently surpassing 417,400 holders on the BNB chain. The protocols development team declared that Floki remains the dominant meme coin on the BNB chain, boasting a substantially larger market capitalization than all other BNB chain memecoins combined. Price Correction Temporarily Impacts FLOKI’s Uptrend According to CoinGecko data, FLOKI’s market capitalization is currently at a substantial $3 billion, nearly doubling compared to its market cap in May, which was $1.7 billion. Furthermore, FLOKI’s daily trading volume has surged by 164% in the past 24 hours, amounting to $1.2 billion, highlighting the token’s market attention from investors and its prevailing bullish sentiment. Despite these positive developments, Floki Inu has experienced a price correction of approximately 8% within a matter of hours. It is currently trading at $0.0003164. The next nearest support level for the token is $0.0002985. Related Reading: Crypto Expert Reveals Top 3 Trades To Take Now While there is a clear path for further growth, Floki Inu faces the challenge of investor decision-making on profit-taking and selling, which could potentially impact the token’s short-term uptrend.  In such a scenario, a consolidation at current levels would be crucial in maintaining gains and facilitating the resumption of the uptrend once the buying trend resumes. Meanwhile, BNB is trading slightly below its ATH, experiencing a 1.5% decline in the last hour and currently valued at $699. Featured image from DALL-E, chart from TradingView.com

Jun 05, 2024 02:30

Binance Coin (BNB) Defies Odds Amidst Turbulence, Eyes $1,000 Price Target

Binance Coin is ascending towards enormous gains in its value. BNB has appreciated by almost 7% over the last week. Binance Coin has generally done well amid extreme market turbulence and ongoing woes for its parent company, Binance. The cryptocurrency market has been very volatile, with Binance itself at the center of a series of […]

BNB Chain activates hard fork, reduces fees

Author: Cointelegraph by Ezra Reguerra
United States
Jun 21, 2024 12:00

BNB Chain activates hard fork, reduces fees

BNB Chain activates the Haber hard fork with BEP-336, introducing blob-carrying transactions to optimize data storage and processing.

Why is BNB price down today?

Author: Cointelegraph by Nancy Lubale
United States
Jun 11, 2024 12:00

Why is BNB price down today?

BNBs price is at risk of further losses as multiple metrics point to Binance losing its market share in the crypto sector.

Jun 11, 2024 12:05

Crypto Analyst Predicts 800% Rally To $6,000 For BNB, Heres The Timeline

BNB has been one of the best performers coming out of the long and drawn-out bear market of 2022. Even now, the altcoin continues to show a lot of strength, suggesting that its run is far from over. According to one crypto analyst, this expected run for the BNB price could last longer and drive the price higher than expected, predicting an over 800% increase in price from here. BNB Showing Strength On The Monthly Chart A pseudonymous crypt analyst who goes by the moniker Without Worries on the TradingView website has shared an interesting outlook for the BNB price. The analysis uses the BNB monthly chart, showing that the altcoin remains bullish even after rallying over 150% in the last year already. Related Reading: Dogecoin Price Prediction: Analyst Forecasts Meteoric 21,700% Rise To $17, Heres When Without Worries points out that the BNB price action looks to be in a legacy uptrend channel. Now, channels like these are rare because it means that the altcoin has been in this uptrend channel since it launched. To put this in perspective, the crypto analyst points out that altcoins like Litecoin is one of the ones which has failed to maintain a legacy uptrend channel. Furthermore, the analyst points out that the BNB price is currently seeing its third test of resistance at the time that the initial analysis was posted, which was on June 3. This third resistance test comes after three years of consolidation. However, this time around, its looking more bullish for the altcoin following the resistance test. One major factor driving the bullishness around BNB is the fact that the Stochastic RSI had crossed above 80. This is important because the last time that this had happened was back in May 2020, just before the coin went into a full-blown rally. This is the same situation as today. Stochastic RSI remains with momentum for 182 days. Should history repeat, momentum continues until August / September, the analyst stated. Price Breaks Out Of Resistance In a follow-up post, crypto analyst Without Worries revealed that the BNB price has now successfully broken out of the third resistance. Now, going back to the initial analysis, Without Worries points out that such a situation would trigger a massive breakout for the BNB price. Related Reading: Ripples 150 Million XRP Sale Keeps Price Surpressed Amid Bearish Headwinds The top of the target for the BNB price is placed at $6,000, which is a more than 800% increase in price from here. The bull flag pattern confirms a breakout AND support. A measured move from the flagpole of the last resistance breakout takes price action to $6000, the analyst said. As for the timeframe for when this will happen, the crypto analyst expects the rally to fully play out sometime in September. This means around 16 weeks or a little less than four months from now. If the analysis is correct, then BNB is just getting started. Featured image created with Dall.E, chart from Tradingview.com

May 09, 2025 02:35

BNB Price Hits $611 as Altcoins Crash Across Crypto Markets

Whereas a majority of altcoins have fallen by up to 98.5% from their record highs, Binance Coin (BNB) has been a major outlier. Alongside BTC, BNB is one of the least impacted cryptocurrency assets in the current cycle and, quite remarkably, one of the only assets that has recorded a new all-time high. BNB has […]

May 05, 2025 02:35

BNB Price Prediction: Triangle Pattern Signals Potential Towards $644

Binance Coin (BNB) is again in the limelight as bullish pressure propels its price. Increased buying pressure and renewed investors’ faith are driving the surge. The MACD is moving upwards, indicating chances of further upward trends. With rising interests of traders and investors, BNBs surge in prices is gaining the markets attention, and now traders […]

May 31, 2024 05:50

BNB Price Launches Recovery Bid: Will the Bounce Hold?

BNB price started a recovery wave from the $585 support zone. The bulls must clear the $600 resistance zone to push the price into a positive zone in the near term. BNB price extended losses and tested the $585 support zone. The price is now trading below $600 and the 100-hourly simple moving average. There [...]

The post BNB Price Launches Recovery Bid: Will the Bounce Hold? appeared first on Crypto Breaking News.

May 29, 2024 02:30

Binance Coin (BNB) Shows Remarkable Stability: Analyst Predicts BNB to Break All-Time High

Binance Coin (BNB) has maintained strong performance despite facing significant market turbulence and ongoing challenges for its parent company, Binance. The cryptocurrency market has been volatile, and Binance itself has encountered multiple legal and regulatory hurdles across various countries. Binance is currently embroiled in several lawsuits and has faced substantial regulatory pushback globally. A notable recent development includes Binance […]

May 23, 2025 12:10

BNB Rally To All-Time High Grows Strong, But This Crucial Zone Must Hold

BNB weekly chart is catching attention after market analyst UniChartz noted that the cryptocurrency exhibits strong upward momentum, supported by the crucial technical 50-week Exponential Moving Average (EMA). This moving average has been tested multiple times, but continues to act as solid, dynamic support, preventing deeper pullbacks and maintaining the structure of the current uptrend. Support Flips Bullish: Former Resistance Now Fuels Rally In the post on X, UniChartz emphasized a critical development in BNBs recent price action. He pointed out that the asset has broken above a long-standing descending resistance line, a move that signals a possible shift in overall market structure. This breakout is a bullish signal on its own, but what makes it even more compelling is that BNB has also reclaimed a major support-resistance zone. Related Reading: BNB Price Finds Its Footing Can Bulls Ignite the Next Leg Up? According to UniChartz, this reclaimed zone, once a hotly contested battleground between buyers and sellers, has now transformed into a solid base for the ongoing rally. This transition from resistance to support reflects growing bullish conviction and suggests that market participants are more willing to accumulate at higher levels, rather than sell into strength. The descending trendline breakout and the firm support zone add strong technical confirmation to the upward case for BNB. UniChartz highlighted that these two zones are now acting as crucial pillars for the current uptrend and must hold to keep upside momentum intact. As long as the price holds above this reclaimed level, the path appears clearer for further upside, with bulls potentially targeting higher resistance zones in the coming weeks. BNB Bullish Structure Intact Delivering his final verdict, analyst UniChartz expressed a confident outlook on BNBs trajectory, noting that the technical structure remains decisively bullish. Should BNB maintain its footing above these areas, UniChartz believes the next major objective will be a retest of the all-time high region near $793.  Related Reading: BNB Price Surge Ahead: Standard Chartered Estimates $2,775 Value By 2028 This level marks a significant psychological and technical barrier, and a successful challenge could serve as a strong catalyst for the asset. If bulls manage to break and close above this target with volume, it may open the door for an extended rally, propelling BNB toward the $1,000 milestone and beyond. Such a move would reaffirm the strength of the current trend and solidify BNBs status as one of the top-performing assets in the crypto space. However, continued bullish momentum, healthy market conditions, and supportive volume patterns will be key factors in determining whether BNB can sustain this upward trajectory and push into a price discovery phase. Featured image from Adobe Stock, chart from Tradingview.com

May 20, 2024 05:55

BNB Coin Price Hits Critical Support Level: Is a Rebound on the Horizon?

BNB price started a downside correction from the $585 zone. The price must stay above $570 to start a fresh increase in the near term. BNB price started a fresh decline after it failed to clear the $585 resistance zone. The price is now trading below $580 and the 100 simple moving average (4 hours). [...]

The post BNB Coin Price Hits Critical Support Level: Is a Rebound on the Horizon? appeared first on Crypto Breaking News.

May 17, 2024 05:55

End Of The Road For BNB After 200% Surge? Mounting Resistance Threatens Rally

BNB, the native cryptocurrency of the BSC network, has undoubtedly been one of the winning altcoins scene the bull market began. The price has been able to go from around $200 to over $600 in the space of a year, notching over 200% gains in the process. However, it seems that this outperformance by the [...]

The post End Of The Road For BNB After 200% Surge? Mounting Resistance Threatens Rally appeared first on Crypto Breaking News.

Apr 08, 2025 02:30

Binance Coin (BNB) Price Analysis: Breakout Above $555 Lead to a Short-Term Rally

BNB experienced notable downward pressure recently, falling to a key support range between $520 and $525. However, this zone once again proved to be a crucial level for buyers. Binance Coin (BNB) has since recovered, trading at $544.27, marking a 6.35% decline in the daily chart, despite a notable 158.42% increase in trading volume, which […]

May 01, 2024 02:30

Binance Coin (BNB) Breaking Barriers at $615, Analyst Predicts 25-30% Surge

Binance Coin’s (BNB) trajectory over mode­rate to extende­d durations exhibits notable upward momentum. This upward tre­nd signifies growing investor optimism, indicating sustained value­ appreciation. Market participants’ escalating confide­nce in BNB’s potential is driving its value highe­r over time. Binance Coin encounte­rs significant resistance at the 615 le­vel, a critical juncture. Failure to surpass this barrie­r […]

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