Binance Coin is currently positioned in a downward direction.BNB may regain momentum if buying volume continues to increase again.The price dropped beneath 7-month support following a considerable selling pressure from 0.0023 BTC.BNB/USD: Binance Coin Remains Under CorrectionKey Resistance Levels: $18.7Key Support Levels: $16, $14.9BNB/USD. Source: TradingViewFollowing the latest drops in the entire crypto market, Binance Coin had gained about 1% since yesterday. Recently, BNB has been...
Read More »Brave Browser To Add BNB and BUSD As Part Of Its Reward System In The Future, Says CZ
Binance CEO Changpeng Zhao (CZ) and Brave Software co-founder and CEO Brendan Eich said in a live stream earlier today that the partnership between the two will continue with new developments. Both companies plan to introduce Binance Coin (BNB) and Binance USD (BUSD) as new additions to the Brave Browser Rewards system.Brave Browser To Add BNB and BUSDAs Cryptopotato reported a few months back, the leading cryptocurrency exchange announced a partnership with Brave Software. By embedding a...
Read More »The Bulls Are Here: Binance Trading Volume Surpassed $12 Billion On Wednesday, A New All-Time High
Binance exchange had seen an all-time high in daily trading volume of more than $12 billion exchanged over the past 24 hours as of April 29th, 2020. The last time the exchange had seen volume at the current levels was in January 2018.According to Changpeng Zhao (CZ), the CEO of Binance, the last time the daily volume spiked over $11 billion was during January 2018, which was the peak of the famous 2017 crypto bubble.As per the data from CoinMarketCap, Binance saw over $12 billion of daily...
Read More »Opinion: Binance Coin (BNB) Is The Most Undervalued Cryptocurrency, Cz Hints That It Will Change Eventually
2020 has been a tumultuous year for the cryptocurrency market so far. Starting off great in the first couple of months, prices collapsed mid-March, largely because of fears induced by the spread of the novel coronavirus (COVID-19).In any case, there is one digital currency that seems to be particularly overlooked and that’s Binance Coin – the native cryptocurrency of the world’s leading crypto exchange and arguably the most active contributor to the industry, in general.Binance Coin (BNB)...
Read More »Binance Marches In Bitcoin Mining, Officially Launches Binance Pool
Binance, the world’s largest cryptocurrency exchange by trade volume, is unrelenting in its rapid expansion drive in the crypto industry. The exchange has officially launched a crypto mining platform dubbed “Binance Pool,” a move that will likely challenge top mining pools in the industry.Binance CEO Changpeng Zhao (CZ) shared updates about the new mining platform last week Friday, saying that the Binance Pool has been launched in a closed-beta phase with its first block of Bitcoin already...
Read More »IEOs Are Not Dead: Binance Latest – Cartesi (CTSI) – Skyrockets 400% During Its First Hours Of Trading
Initial Exchange Offerings took the world by a storm back in 2019 with their significant returns to investors. As time went by, however, Binance, in response to community requests, changed the format of the IEOs and made them much more accessible. This, in turn, decreased the returns, causing many to believe that just like their predecessors – Initial Coin Offerings (ICOs), IEOs were also going under.The last few instances, however, demonstrated that this is not the case. Just today, Binance...
Read More »Crypto Price Analysis & Overview April 17th: Bitcoin, Ethereum, Ripple, Binance Coin, And Chainlink
Bitcoin Bitcoin saw a small 2.6% price increase from where it was trading seven days ago. However, it had dropped substantially throughout the week. The cryptocurrency fell beneath support at the rising trend line to find additional support at the $6,447 level (short term .618 Fib Retracement). From here, Bitcoin rebounded yesterday to climb back above the $7,000 level where it currently trades. Looking ahead, the first level of resistance lies at $7,200 (bearish .5 Fib Retracement). Above...
Read More »Binance Launching Smart Contracts Blockchain: New Competitor For Ethereum?
Binance, the world’s leading cryptocurrency exchange, published a new white paper for a solution called Binance Smart Chain. It’s a new blockchain that will run in parallel to Binance Chain and will also support smart contract functionalities. Binance Announces Smart Chain Blockchain In a recently published whitepaper, Binance announced the development of Binance Smart Chain – a new blockchain that will support smart contract functionality. The new network is described as an innovative...
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