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In its most recent NFT services, Binance looks to have tapped into artificial intelligence (AI), which has lately made its way into the cryptocurrency sector.
Yahoo Finance crypto reporter David Hollerith joins the Live show with updates on Binance and bitcoin.
Bitcoin started March on a positive note, but historically the month has recorded mediocre gains, which could be an early warning sign for crypto investors.
America's cryptocurrency crackdown has reportedly led investors to pull $6 billion from a Binance-branded stablecoin. Last month, the New York Department of Financial Services (NYDFS) suspended new issuance of BUSD, due to what it said were unresolved issues connected to Binance's relationship with Paxos, which minted the token for the world's largest crypto exchange.
New regulation coming in 2023 could damp investor enthusiasm for the crypto market.
Binance Coin, facing some less-than-positive news and an indirect SEC attack, appeared as if it was going to see its value drop, but BNB held up.
The Binance Coin (BNB) price could decrease in the short-term before eventually rallying once more.
Binance Coin [BNB] fell beneath the $305 mark at the time of writing and had a short-term bearish bias. The buyers had stepped in with force when BNB dipped below $300 over the weekend.
Floki is now officially partnered with one of the biggest lending protocols on the BNB chain, Venus Protocol.
BSC Daily, in its 26 February tweet, brought up Binance Coin's [BNB] GameFi growth in 2023 and beyond. The tweet highlighted several potential BNB Chain GameFi projects and affirmed that the ecosystem was far from dead.
Bitcoin and U.S. equities markets are attempting to recover, but selling at overhead resistance could continue to weigh on the bullish momentum.
BNB dApp ecosystem LaunchZone suffered a $700,000 exploit, causing its LZ token to plunge 83%.
BNB Chain-based DeFi protocol LaunchZone claims it lost $700,000 after a hacker drained the funds from its liquidity pool.
BNB Chain-based DeFi protocol LaunchZone claims an exploit led to $700,000 of funds being drained from its liquidity pool, with its native token plunging in value
BNB price (Binance coin) is struggling to clear the $310 resistance against the US Dollar. It could continue to move down if there is a drop below $295.
Binance Coin saw a sharp northward move after 14 February and reached the $325 mark on 16 February. Since then the price has sunk downward once again, wiping out most of the gains from the move.
On 14 February, Binance Coin [BNB] posted its tech roadmap for the year 2023, highlighting its plans for the year and projects in the pipeline. Interestingly, on 24 February, Messari shared a report on the same, mentioning the most notable points of the roadmap.
Binance Coin (BNB) was first launched in 2017 as part of Binance's initial coin offering (ICO). The goal of the ICO was to raise funds for the development of the Binance platform and exchange system, as well as for branding, marketing, and education for new innovators in the industry.
Strong inflation data has pulled Bitcoin and select altcoins below their immediate support levels, signaling a few days of corrective action.
Lending protocol Venus has a total locked value of $800 billion as of Friday. The move is expected to benefit FLOKI holders, developers say, as they continue to build and seek out strategic partnerships that ultimately benefit the token's value.
According to South Korean news outlet Chosun, Binance [BNB] acquired a 50% stake in Gopax, a native crypto exchange, on 23 February. This is part of Binance's strategy to gain a foothold into South Korea.
#cryptocurrency #digitalfinance #finance #bitcoin #crypto Join #Consensus2023, the most important conversation in crypto and Web3, happening April 26-28 in Austin, Texas. Tickets on sale now: https://bit.ly/3XXIq17 Marco Falke, one of the five maintainers for Bitcoin, said he plans to step away from the position, according to his tweet cited by the Wall Street Journal.
Binance Coin (BNB) is currently trading in the bullish trend zone, although it is stuck between the moving average lines.
Binance, the world's largest cryptocurrency exchange by trading volume, will “destroy” $2 billion BUSD which idle on the BNB Smart Chain (BSC), per a tweet on Feb. 22. Burning $2 Billion Of Idle BUSD On The BSC BUSD is a stablecoin issued by Paxos on Ethereum under the Binance brand.
