Despite posting over 20% loss in three weeks, BNB’s market structure remains bullish on the macro level. Although the bears are technically taking charge, they will likely reach an exhaustion point soon. Along with other major altcoins, BNB registered a lot of loss over the past week, breaking below the […]
Tag: Binance
Justin Sun Deposits $23.4M In DeFi Tokens To Binance, Including Major CRV Transaction
In the past day, Justin Sun, the prominent cryptocurrency entrepreneur, deposited 6.22 million CRV tokens ($2.07 million) to Binance at a price of $0.333 per token. Among these tokens, 5 million CRV were acquired from Curve founder Michael Egorov at an over-the-counter (OTC) price of $0.4 last August. In addition […]
BINANCE COIN PRICE ANALYSIS & PREDICTION (June 16) – BNB Reestablishes Support: Can It Initiate A Fresh Buy Above $600?
BNB witnessed a strong broke out last week but is now looking weak again after dropping off a new all-time high. It lost a key level during the week but is now back above the level following a small bounce. Breaking out from a two-month accumulation phase earlier last week, […]
BINANCE COIN PRICE ANALYSIS & PREDICTION (June 6) – BNB Explodes 20% to A New High, Is $1k The Next Bull Target?
BNB finally ended its two-month accumulation phase with a breakout after registering an insane gain in a week. It printed a new high and now looks set to tap more gains, following a strong bullish sentiment. Last month saw Binance Coin through a successful break above the key $600 level […]
Binance Coin (BNB) Surges Over 6%, Hits All-Time High Amid Network Growth
Binance Coin (BNB), the native currency of Binance Chain, experienced a significant surge in value, increasing over 6% within 24 hours to reach an all-time high of $712. This remarkable growth aligns with the expanding activities on the BNB network, particularly through the Binance Launchpool and Launchpad platforms. 🚨BREAKING NEWS […]
BINANCE COIN PRICE ANALYSIS & PREDICTION (May 30) – BNB Bounces After Retesting Triangle, Will It Hold As Support?
BNB’s price continued to shrink amid the latest market indecisiveness, although it still trades in a bullish zone as big shockwaves lurk around the corner, It is currently down 3% weekly with no signs of major move. Without any doubt, BNB has seen a noticeable increase in the past month […]
BINANCE COIN PRICE ANALYSIS & PREDICTION (May 21) –Triangle Breakout: BNB Signals Bullish Following A 7% Weekly Surge
Amid the latest market evaporation, Binance BNB suddenly increased and broke out to a symmetry triangle following an insane weekly gain. While it aims to reclaim the previous high, we may see a slight pullback before rallying hard. Following several higher lows and lower highs formation in the past months, […]
BINANCE COIN PRICE ANALYSIS & PREDICTION (May 13) – BNB Remains Flat As It Faces Confluence Resistance, Can It Break Above $600?
BNB’s bullish trajectory remained intact on the daily chart, although it has faced a key psychological resistance for over a week. A clear cross above this resistance could set the crypto for a massive explosion. Unlike many altcoins in the past months, BNB did not see many losses during the […]
Binance Launches Notcoin (NOT) Project On Launchpool, Toncoin Spikes
In a recent announcement, Binance unveiled its 54th project on Binance Launchpool: Notcoin (NOT). This community token introduces users to the world of web3 through an innovative tap-to-earn mining mechanism. Participants will have the opportunity to stake their BNB and FDUSD tokens into separate pools to engage in farming activities. […]
BINANCE COIN PRICE ANALYSIS & PREDICTION (April 28) – BNB Rejects This Crucial Resistance Line Again, Slips Below $600
Binance Coin BNB has recovered nicely from the monthly dip but has faced rejection again and now appears weak daily. However, it has formed a new bullish pattern – finding a nearby support to initiate a fresh increase. BNB has held well above the $500 level since the market recovered […]
Binance SAFU Wallets Transfer $1.75B In BTC and BNB To Hot Wallets
In a significant move, two Secure Asset Fund for Users (SAFU) wallets belonging to Binance have initiated the transfer of assets totaling $1.75 billion in Bitcoin (BTC) and Binance Coin (BNB) to the exchange’s Hot Wallets within the past hour. The transfer includes: – 16,277 BTC, equivalent to approximately $1 […]
BINANCE COIN PRICE ANALYSIS & PREDICTION (April 11) – BNB Signals Fresh Increase Following This Bullish Pennant Breakout
BNB appeared set for another leg up following a 6% increase in a week. It broke out of a symmetry triangle and now looks a bit strong on the day. The bulls are in control but trading volume seems low at press time. The last four weeks of trading have […]
BINANCE COIN PRICE ANALYSIS & PREDICTION (April 5) – BNB Forms Bullish Pattern But Losing Grip Amidst Bloodbath
Despite recent market falls, BNB remains strong on the weekly outlook and simultaneously forms a continuation pattern on the daily. The bullish signal may turn invalid if the latest supply outweighs demand. Yesterday saw BNB through a slight retracement after experiencing a 5% cut in price since the start of […]
BINANCE COIN PRICE ANALYSIS & PREDICTION (March 28) – BNB Faces Minor Resistance Amid Latest Increase, Will It Flip?
After retracing for a week, Binance Coin BNB found support and bounced back from the dip. The buying pressure is low on the daily chart, but we can expect a significant rally when volatility expands. Exactly two weeks back, BNB reached a new milestone after rising by more than 100% […]
BINANCE COIN PRICE ANALYSIS & PREDICTION (March 21) – BNB Loses Steam After Rallying 220% In Five Months, Now Under Retracement
After exploding massively near its all-time high, BNB halted the rally and started to fade out. It broke down this week and lost about 10% of its valuation. Despite the reductions, the trend remains bullish weekly. Last Saturday, BNB reached a local peak of $643 after doubling its price in […]
$BOME Memecoin Surges After Binance Listing Announcement
$BOME, a memecoin recently launched by renowned Pepe Meme artist Darkfarms, has witnessed a remarkable surge in its price and market capitalization following a significant announcement from Binance. Today, Binance revealed its plan to list BOOK OF MEME (BOME) and commence spot trading for this cryptocurrency at 12:30 (UTC) on […]
Binance Coin (BNB) Surges 86% In One Month, Nears All-Time High
In the realm of cryptocurrency, Binance Coin (BNB) has been making waves, experiencing a remarkable surge of over 86% in the past month. With its recent climb to $631, BNB is inching closer to reclaiming its previous all-time high of $690, demonstrating its resilience and bullish momentum in the market. […]
BINANCE COIN PRICE ANALYSIS & PREDICTION (March 14) – BNB Explodes 45%, Recovers Fully From Dip As Its Nears All-Time High
Following recent liquidity flows into large-caps altcoins, BNB’s valuation continued to increase and reached a new milestone yesterday. It saw the most gains amongst the top 5 coins in the last 7 days. BNB’s performance has been exciting since the price climbed above the $300 mark in February. After that, […]