Cryptocurrency News
After witnessing a sharp nosedive last week, BNB found solid ground and resumed buying. Although the pressure is currently low on the daily chart. It is slowly gearing up for another upward movement. Last week was a bit rough in the entire crypto space as several altcoins, including BNB, lost […]
A recent study by CoinGecko reveals that Binance continues to dominate the centralized exchange (CEX) market, holding a commanding 39.1% market share in November 2024. Binance’s spot trading volume surged to an impressive $979.1 billion during the month, marking a 130.9% increase from October’s $424 billion. Crypto.com secured the position […]
Breaking out to a new high this month, BNB encountered resistance and took a sharp downturn after rising by over 50% in a month. However, despite this week’s reduction, it remains strongly bullish monthly. BNB’s bullish trajectory remains valid from a long-term perspective but there has been a little setback […]
The price of $KOMA skyrocketed today, leaping from $40 million to $130 million in market capitalization within a single trading candle. This dramatic surge came shortly after Binance announced the listing of $KOMA on its Futures platform. A huge congratulations to the @komabnb team going from raising 300 #BNB with […]
Binance Labs continues its activity in the cryptocurrency market, recently transferring 400,000 AXS tokens—valued at $3.72 million—to Binance just an hour ago. This follows a significant transfer of 30 million GMT to the exchange two days earlier. As a key investor in Axie Infinity (AXS), Binance Labs has accumulated a […]
As altcoins continued to show strength this week, BNB joined the advanced uptrend and broke out to a new high. It appears highly bullish on the daily chart due to rising demand in the past few days. Last month was an interesting ride for the bulls as they pushed through […]
Just 30 minutes after Binance announced the listing of $THE, a savvy investor spent 698 BNB (approximately $429,000) to acquire 416,897 $THE tokens. This bold move has already paid off handsomely, with the holdings now valued at over $1 million, resulting in an unrealized profit of $596,000 (+143%). About 30 […]
On November 26, Binance announced its decision to delist $GFT from its platform effective December 10, 2024. Just hours after this announcement, the Gifto team minted 1.2 billion $GFT tokens, valued at approximately $8.6 million. 🚨 Breaking: $GFT Minting and Dumping Scandal 🚨1/ On Nov 26, 2024, #Binance announced it would delist […]
Amid this week’s drops, BNB lost momentum and took a downturn today following a notable 5% loss in the last 24 hours. Falling back in a key zone, the price now appears weak daily as it undergoes a correction. The past month’s recovery has been impressive, but this month’s trading […]
Binance has announced the upcoming launch of BFUSD, a new reward-bearing margin asset designed specifically for Binance Futures users. Offering an impressive annual percentage yield (APY) of 19.55%, BFUSD allows users to earn daily rewards without the need for staking. Simply holding BFUSD in a UM Wallet will unlock these […]
Following the current drop across the crypto space, BNB bounced back from a critical trading zone after initiating a small pullback yesterday. It looks weak in the past hours but is now bullish again. Last week’s trading was interesting for BNB, as it resumed bullish impulsive movement after undergoing a […]
BNB finally broke out of a critical resistance area to a multi-month high after several failed attempts to scale through in the past months. It has retraced a little from that thigh to test the resistance area as support. Following late September’s drops from a critical resistance area, which led […]
The Binance futures market has recently witnessed the strongest buying pressure since September of last year, with notable interest not only in Bitcoin ($BTC) but also in Ethereum ($ETH). This robust activity points to increased market confidence in these digital assets. Strong buying momentum has emerged from Binance futures whales […]
Following a slight pullback in the past week, BNB resumed bullish and traded back in a crucial resistance zone. This brought some notable gains, but whether the price will break out is unknown. The $600 and $618 levels have remained a crucial resistance zone for BNB, preventing major upward movement […]
In the latest meltdown, BNB’s price appears weak following a rejection from a critical resistance zone. It is looking for solid support to resume positive actions as the structure remains bullish in the mid-term. BNB’s bullish structure is still looking valid on the daily chart, although it has briefly lost […]
BNB is down 3% today after failing to overcome a critical trading zone, acting as a resistance since July. However, the daily chart still looks bullish as it foots a strong rally capable of causing a breakout soon. Over the past week, BNB saw another major increase following a quick […]
BNB’s outlook is becoming bullish again after losing grip above key price levels in the past month. Amid a recent bounce, it posted losses overnight but the price is slowly picking up on the lower time frame. The $600 – $618 levels have been a critical resistance zone for BNB […]
As expected, BNB advanced higher in the past week and completed the bullish head-and-shoulder pattern on the daily chart. Yesterday, it broke out slightly but now sits at the neckline as the price sets for a big rally. This month’s bounce has restored the bulls’ hope after defending the $400 […]