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 […]
Tag: Binance
BINANCE COIN PRICE ANALYSIS & PREDICTION (November 14) – BNB Bounces This Critical Zone After A Retest, Bigger Moves Ahead
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 […]
BINANCE COIN PRICE ANALYSIS & PREDICTION (November 11) – BNB Break Out Of Critical Resistance Area After Five Months, Signals Strong Bullish Move
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 […]
Strong Buying Pressure In Binance Futures, Bitcoin Outflows, And MicroStrategy’s Growing BTC Holdings Signal Positive Market Sentiment
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 […]
BINANCE COIN PRICE ANALYSIS & PREDICTION (October 30) – BNB Faces Crucial Resistance Zone Again, Will It Break This Time?
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 […]
BINANCE COIN PRICE ANALYSIS & PREDICTION (October 25) – Will BNB Breakout Of This Critical Zone If It Creates A New Higher Low?
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 […]
BINANCE COIN PRICE ANALYSIS & PREDICTION (October 18) – BNB Faces This Tough Zone Again, Will Price Breakthrough?
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 […]
BINANCE COIN PRICE ANALYSIS & PREDICTION (October 10) – BNB Recovers Overnight Loss But Can It Overcome This Tough Resistance Zone
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 […]
BINANCE COIN PRICE ANALYSIS & PREDICTION (September 25) – Is $800 Next BNB Target Following This Inverse H&S Pattern?
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 […]
BINANCE COIN PRICE ANALYSIS & PREDICTION (September 19) – Calm Before The Storm: BNB Prepares For Next Major Move Following This Week’s Drops
After rising throughout last week, BNB slightly lost steam following a 5% decrease since the start of this week. The price appeared weak on the day as it stayed calm ahead of a major move lurking around the corner. The past week of trading took BNB on an offensive rally […]
Binance Denies Ownership Of WazirX Amidst $230M Security Breach Controversy
The ongoing dispute between Binance and WazirX has taken a dramatic turn following a major security breach at WazirX in mid-2024, leading to the loss of approximately $230 million in crypto assets, almost half of the platform’s reserves. This breach forced WazirX to halt withdrawals, creating shockwaves across the crypto […]
BINANCE COIN PRICE ANALYSIS & PREDICTION (September 12) – BNB Signals Bullish Following This Inverse H&S Pattern
BNB’s bearish outlook is slowly ending with a recent strong bounce off a key low. The price currently approaches a minor resistance but will likely explode soon following the latest bullish footprints in the market. As anticipated in the past weeks, BNB found solid ground above July’s low and initiated […]
BINANCE COIN PRICE ANALYSIS & PREDICTION (September 6) – BNB Sits Above $500 After Two-Week Drops, Will It
The recent bearish action has seen BNB through a notable reduction as it cut $100 from its price in two weeks. It sits calmly above March’s low while gathering liquidity for the next major movement. Two weeks back, BNB lost grip above the $600 level after recovering strongly from a […]
BINANCE COIN PRICE ANALYSIS & PREDICTION (August 29) – BNB Sets For Another Dump Following A 7% Loss In Five Days
Amid the latest drops, BNB’s price declined by 3% weekly as it showed signs of weakness on a daily scale. However, it has bounced slightly from a weekly low but is currently footing another bearish move. Last week marked an end to BNB’s retracement after experiencing a major recovery from […]
Brett Token Poised For Major Move As Binance Announces Perpetual Contract Listing
The Brett token ($BRETT) is set to make waves in the crypto market as Binance gears up to list the BRETT perpetual contract. This development is expected to significantly impact the token’s market performance, as $BRETT already dominates the meme coin sector on the Base network, accounting for over 80% […]
BINANCE COIN PRICE ANALYSIS & PREDICTION (August 22) – BNB Reaches Crucial Breakpoint Following 10% Recovery In A Week
BNB’s price is reaching a crucial breakpoint again after experiencing a steady increase from a five-month low. A big move lurks around the corner as the price approaches a key resistance level. Following a sudden price rejection at exactly $400 earlier this month, BNB faced a lot of hurdles but […]
BINANCE COIN PRICE ANALYSIS & PREDICTION (August 15) – Watch Out For This Key Level As BNB Poises For A Fresh Dip
After increasing by more than 25% from the monthly low, Binance Coin faced rejection and remained indecisive for the past week. It may repeat a recent bearish pattern if the price continues to turn weak daily. Last week, BNB bounced sharply off a key price level after witnessing a crash. […]
BINANCE COIN PRICE ANALYSIS & PREDICTION (August 6) – BNB Sees 20% Daily Gain In A Fresh Recovery, Has Selling Ended?
Yesterday, BNB’s price reached an oversold condition after dropping consistently for a week. However, it has recovered significantly from the latest dip but the trend remains bearish on the daily chart. As the bull run continued to suspend due to the recent major sell-offs across the crypto space, BNB rolled […]