Tag: Binance

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Despite Multiple FUD, Binance Remains Unfazed, Tackling Scalability Challenges With Recent opBNB Launch

The recent launch of opBNB, a layer-2 scaling solution by BNB Chain, demonstrates Binance’s commitment to addressing the scalability challenge that has hindered the widespread adoption of blockchain technology. By leveraging the Optimism OP Stack, BNB Chain aims to enhance security and scalability on the Binance blockchain network. As blockchain […]

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The Other Side Of The Coin: How The Massive FUD Withdrawals From Exchanges Can Benefit The Crypto Space

The recent SEC lawsuit against cryptocurrency exchanges like Binance and Coinbase, which resulted in a significant number of withdrawals from those platforms (Traders withdrew about $800m out of Binance after lawsuit), may have both short- and long-term effects on the cryptocurrency market. Here are some probable long-term effects for the […]

binance coin price analysis prediction
Crypto, News

Binance Coin Price Analysis & Prediction (May 31st) – BNB Attempts More Breakdowns After Testing Crucial Support Line

Binance (BNB)’s price depreciated by almost 20% in the last two months due to strong bearish actions. This dragged the price to a crucial support line, where it currently negotiates for a sigh of relief. Following past weeks of fallout, which saw the price through several breakdowns, BNB found support […]

binance coin price analysis prediction
Crypto, News

Binance Coin Price Analysis & Prediction (May 2nd) – BNB Bounces Off Key Support Amid Latest Market Drops

Binance (BNB) showed a sign of strength today after slipping from an important resistance level a few days back. However, it appeared to have found temporal support following the latest recovery across space. During last week’s trading, BNB recovered above the $318 level after witnessing significant drops. The price increased […]

binance bitcoin ethereum price news
Crypto, News

Cryptocurrency Bearish Correction Sees BTC Drop Below $20K Today Following the Binance Bridge Exploit, ETH Holds Over $1,300

This Friday, cryptocurrency markets are exhibiting a modest negative correction as the market valuation fell by $20 billion from $960 billion yesterday to $946 billion. While Bitcoin fell below $20k today, Ethereum managed to keep support around the $1,300 mark despite the substantially lower trading volume. Let’s examine recent financial, […]