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Amid the gradual crypto recovery led by Bitcoin (BTC) and some meme coins, Binance Coin (BNB) has attempted a bullish breakout from a multi-week consolidation. The large-cap altcoin, with a fully diluted valuation of about $87 billion and a daily average traded volume of around $1.
BNB rises on CZ's release news, signaling bullish momentum for Q4.
Despite the regulatory hurdles, the Binance (BNB) coin has remained the fourth largest crypto project with a market cap of over $88 billion.
BNB's crossover suggests that the short-term momentum is gaining strength, compared to the long-term momentum.
Binance founder Changpeng Zhao, widely known as “CZ,” is set to be released from custody today, marking the end of a four-month sentence in the United States. Zhao's release is expected to have significant effects on the cryptocurrency market, especially on Binance Coin (BNB) as it has been displaying uptrend in the last few days.
While the crypto community awaits Sunday's release of the former Binance CEO Changpeng Zhao, Binance Coin (BNB) buyers appear increasingly cautious. CZ will be a free man from 29 September after completing his fourth-month sentence. Meanwhile, BNB has experienced reduced buying volume over the last few days, with buyers hesitating to execute massive positions.
As ex-Binance CEO Changpeng “CZ” Zhao nears his release date, Binance Coin (BNB) buyers are becoming increasingly cautious. The coin's price decline over the past few days due to low buying volume suggests that traders hesitate to commit to large positions.
BNB Chain reveals the winners of the BNB Incubation Alliance during Token2049 in Singapore, aiming to accelerate Web3 innovation.
Excitement is back as the crypto market returns to the upside. The impact of the Fed's rate cut is being felt across the landscape, with Binance Coin (BNB) trading above $600. At the same time, instead of FOMOing, savvy traders are bidding more on promising tokens rather than hype.
With the recent news that Changpeng Zhao, the ex-CEO of Binance, will be released on September 29th, the buzz around Binance Coin in the crypto market has increased. However, will this recent buzz result in a new bull run for Binance Coin, surpassing the $724 all-time high mark? Recap of CZ Arrest and Binance's $4.
Bitcoin continues to face selling near $65,000, but the intensity seems to be reducing, paving the way for an upside breakout.
BNB could potentially fall by 20% to reach the $480 level due to the formation of a bearish triple-top price action pattern.
Following an impressive price surge of over 25%, Binance Coin (BNB) now appears bearish and a price decline may be seen in the coming days. The negative outlook for BNB is likely due to the formation of a bearish price action pattern on the daily chart and concerning on-chain metrics.
Binance Charity, a non-profit entity that uses Web3 technology as a force of good, announced a $1.5 million donation to victims of Storm Boris. The funds will be deposited to users directly in their Binance accounts.
BNB price plunged 1.45% during the U.S. trading session on Wednesday. While the bearish turnaround aligns with a broader market pullback, its retest to key resistance breakout signals the potential for further rally.
The price of the native token on the BNB chain and the world's largest crypto exchange, Binance, is slowly but surely approaching a key block of resistance around the previous all-time high of $691 per BNB. Since its inception three years ago, the price of the cryptocurrency has never managed to break above this level in several attempts.
One of the most anticipated technical indicators on the cryptocurrency market, a golden cross is getting closer for Bitcoin. It is common to interpret this pattern — where the 50-day moving average crosses above the 200-day moving average — as a bullish indication of possible upward momentum.
Changpeng Zhao, the face of Binance, is scheduled to be released on September 29 after serving a four-month sentence related to anti-money laundering violations. His return is being closely watched by investors and traders alike, as it could significantly impact both Binance and the wider Binance Smart Chain (BSC).
BNB pushes past $600, backed by rising volume and bullish sentiment, with $620 in sight.
Most of the coins are in the green zone, according to CoinMarketCap.
The upcoming months could be pivotal for investors closely following Dogecoin, BNB, and BlockDAG, as all three cryptocurrencies prepare for significant updates. Dogecoin's price prediction suggests it may soon surpass the $0.
Binance Coin (BNB) is witnessing a notable rise, driven by anticipation surrounding the imminent release of Changpeng Zhao (CZ), the co-founder and former CEO of Binance.
BNB bullish rally has hit a wall as the $600 resistance level proves to be a formidable barrier. After an impressive upward run, momentum has stalled, and downside pressure is starting to build.
BNB Smart Chain (BSC) has been very busy these last few months making lots of moves. Some of these strategic moves are based on tech.
