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Changpeng Zhao, the former Binance CEO, has been out of prison for a few weeks now but is probably on an international travel ban. This overall imprisonment, travel ban, fine of $50 Million, and resignation from his CEO position came with the exchange's failure to adhere to the US's anti-money laundering and KYC regulations.
The BNB price action is currently one of the most resilient in the crypto space. Despite the wild volatility that hit the markets in August, BNB only lost 7.56%.
Binance Coin was among the digital coins that remained elevated over the past seven days. Increased interest in yield farming within the Binance Smart Chain platform kept BNB afloat this week, especially after Binance announced the Scroll (SCR) project on its Launchpool.
This week, we examine Ethereum, Ripple, Binance Coin, Toncoin, and Shiba Inu in greater detail. Ethereum (ETH) While Ethereum had a volatile week, its price held well and closed it with a 1% gain.
Binance Coin (BNB) shows signs of a significant price rebound. After a notable 6.26% gain over the past week, BNB is on track to approach the crucial $600 mark, prompting speculation about the possibility of reaching a new all-time high (ATH) of $747 by the end of 2024.
The new memecoin launchpad on BNB Chain, GraFun, announced that projects launching on its platform can automatically graduate to PancakeSwap V3 after reaching 31 BNB.
The GraFun is backed by leading crypto investors, developers, and an online community focused on democratizing meme coins on the BNB Chain.
BNB price has faced significant challenges in recent weeks, with repeated failed attempts to breach the key resistance levels of $606 and $618. For more than two months, the altcoin has struggled to break through these barriers.
BNB Chain will be a highlight at Binance Blockchain Week Dubai 2024, focusing on accelerating early-stage blockchain projects through the BNB Incubation Alliance.
The cryptocurrency market gears up for a potential turnaround, two prominent altcoins—Binance Coin (BNB) and OKB—are signaling strong bullish breakouts. With the recent fluctuations in the altcoin landscape, these centralized exchange (CEX) tokens are capturing the attention of investors and traders alike.
Version 2 of the DEX recorded 6.1 billion dollars in seven days.
Exploring the surprising reason behind BNB's extended short term rally which has allowed it to decouple from the rest of the market.
Binance is set to delist critical BTC, ETH, and BNB trading pairs on October 11, igniting price crash speculations across the crypto market. Investors brace for potential volatility as the deadline approaches.
Binance, one of the world's leading cryptocurrency exchanges, has released its 23rd Proof of Reserves report for October 2024, shedding light on significant changes in its major cryptocurrency holdings. As the crypto market experiences fluctuations, this latest snapshot reveals a notable decline in Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) reserves.
BNB price hints at a potential market rebound following a recent correction, with bulls seemingly regaining momentum. The ongoing recovery rally is advancing towards the rounding bottom's neckline, signaling a possible bullish breakout.
Bitcoin's failure to hold $62,000 may trigger another selloff and pull altcoin prices lower.
If Bitcoin ($BTC) is able to break out of its bull flag, the resulting influx of capital into the cryptocurrency space as a whole could be huge, sparking the altcoin season of this bull market. That said, so far, there are few altcoins that are outperforming $BTC.
In a recent announcement, the leading crypto exchange Binance has announced to remove certain key pairs from its platform. According to the release, the exchange will release four pairs related to BTC, ETH, BNB, and DAI.
With the crypto market witnessing a dark patch before the Uptober rally brings the sunshine for bulls, CEX tokens are preparing for the next stage. Despite the increasing volatility in the altcoin market, Binance shows a positive trend in price fluctuations, and OKB shows a recovery at hand.
The price of BNB (BNB) has corrected higher after breaking above the moving average lines but was halted by the 21-day SMA.
Injective Protocol, a DeFi-centric platform using Cosmos tech, is gaining traction, looking at the gas fee revenue distributed to its validators in Q3 2024. While INJ, the native currency of the protocol, is under pressure, cooling off after rallying to as high as $52 early this year, the recent development is a huge confidence boost.
When/if Bitcoin ($BTC) makes its next upside move, some of the more fundamentally sound altcoins have the potential to outperform. Binance Coin ($BNB), Fantom ($FTM) and THORchain ($RUNE) are among them.
BNB Chain has announced CoCo Coin (COCO) as the winner of the third phase of its Meme Liquidity Program, supporting meme projects with liquidity and growth.
