BNB Chain DEX volumes drop 24% in a week Is BNB in trouble?
BNB price has struggled, but some investors claim Changpeng CZ Zhaos release will pump BNB price even as network fundamentals worsen.
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BNB price has struggled, but some investors claim Changpeng CZ Zhaos release will pump BNB price even as network fundamentals worsen.
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The post Arctic Pablo, Would and Zerebro | Best New Meme Coins for Exponential Returns appeared first on Kanalcoin.
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.
Duolingo, the language-learning app, is reaping the benefits of its investment in artificial intelligence (AI). In the first quarter, the company saw a remarkable 54% surge in paid subscribers, reaching 7.4 million. Additionally, first-quarter revenue increased by 45% to $167.6 million. Generative AI has played a pivotal role in this success. It has accelerated subscription [...]
The post Duolingos Generative AI Boosts Revenue and Subscriber Growth appeared first on Crypto Breaking News.
In a significant development aimed at extending the reach and increasing the usability of its assets, Ethena has formally introduced its stablecoins USDe and sUSDe on the Binance Smart Chain (BNB Chain). This development widens the Ethena ecosystem to one of the largest and most vibrant blockchain networks in the crypto universe, presenting users with [...]
The price of BNB hasn’t fallen below its previous low, and it’s showing some strong signs of heading up. After a spell of moving downward, the Binance Smart Chain’s native token is aiming for an upward bounce back towards its earlier high. Technical Indicators Point Toward Sustained Uptrend For BNB To figure out where the BNB price might be headed next, several indicators can be used to examine the chart: 4-Hour MACD: A technical look at the MACD indicator from the 4-hour timeframe, the MACD histograms are trending above the zero line, and both the MACD line and the Signal line have crossed and are heading towards the MACD zero line, indicating a bullish trend. This can be seen in the above image. RSI 4-hour Timeframe: The formation of the Relative Strength Index (RSI) in the below image also suggests an upward movement as the RSI signal line is seen trending above the 50% level. This indicates that buyers are still very active in the market therefore overpowering the strength of sellers. 4-hour alligator: A look at the alligator indicator from the 4-hour time frame shows that BNB is trading above the alligator lines as the alligator lip and teeth have both successfully crossed above the alligator jaw, suggesting that the price might be starting a new rally. At the time of writing, the price of BNB was up by 1.35% and was trading around $561 in the last 24 hours. BNB price is showing bullish signs and also forming a base above the $508.1 support level. Also, the price is trading above the bearish trend line and below the 100 Simple Moving Average (SMA) on the 4-hour chart. Final Thoughts From the previous downward movement, the price of BNB has managed to create one major resistance level of $635 and one major support level of $508. Currently, BNB is moving toward this resistance level and if it breaks above this level, the price might go even further to create a new high. On the other hand, if the price fails to break above this major resistance, it will reverse and start a downward movement toward its previous support and if it manages to break below this support level, the price might move further downward thereby starting a new downward trend. Featured image from Shutterstock, chart from Tardingview.com
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The post Best New Meme Coins to Buy for 2025: Arctic Pablo, Neiro, Turbo appeared first on Kanalcoin.
While Ethereum-based protocols have been hit with the majority of the exploit activity, BNB Smart Chain has also seen similar copycat exploits, according to BlockSec.
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Binance Smart Chain (BSC), commonly known as BNB Chain, has announced the BEP 336 upgrade, inspired by Ethereums Dencun upgrade (EIP 4844), which aims to optimize data storage and processing on the blockchain. The upgrade is expected to significantly reduce transaction costs, improve network performance, and drive the price of Binance Coin (BNB) towards its [...]
The post BNB Price Soars As Binance Smart Chain Implements BEP 336 Upgrade, Inspired By Ethereums Dencun appeared first on Crypto Breaking News.
Market analyst Adam Cochran recently made a Twitter thread that started up a conversation about Coinbases transformative power to steer users toward Base and, subsequently, Optimism. This is an area of change whose magnitude people are underrating. Cochran showed how major platforms such as Binance Smart Chain (BSC) and Tron have affected retail flow despite […]
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