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Bulls are losing their initiative at the beginning of the week, according to CoinMarketCap.

BNB Chain Gas Grants Program has been launched with over $1 million in rewards to developers on the opBNB and BSC networks.

BNB Chain announces a $1M Gas Grants Program aimed at supporting Web3 startups and developers over a three-month period.

Binance Coin (BNB), the fourth largest cryptocurrency by market capitalization, could be on the verge of retesting $600. If achieved, the coin will erase some of the losses that ensured it is now 25% down from reaching its all-time high.

FLOKI mirrors BNB's structure, indicating an upward move after grabbing sell-side liquidity, but trading volume stagnates.

BNB was getting ready to break above a bullish pattern, which might allow it to touch $800.

BNB has shown a notable rebound. Currently trading at $522.63, this 16% increase from its recent low has generated considerable buzz among traders and investors.

On August 18, 2024, Binance's native token BNB gained significant attention from investors and traders due to a notable price surge in this ongoing struggling market. According to a coinmarketcap, BNB has seen a price surge of over 5% in the last 24 hours.

The cryptocurrency market has been marked by significant volatility, with Bitcoin (BTC) making gains on August 17, crossing the $59,000 mark after a turbulent week of trading.

BNB surged above $520, gaining $24B since August 5, driven by investor enthusiasm over Binance's India return after paying a $2.25M regulatory fine.

Major XRP rivals are gaining traction among crypto participants as the recent conclusion of the long-running Ripple vs. US Securities and Exchange Commission (SEC) case failed to ignite the expected rally.

Binance Coin (BNB) has been trading within an ascending triangle pattern since August 6, following a sharp drop to a five-month low of $463.97 during the market decline on August 5.

Bitcoin bulls are holding on to the $55,500 support, but an increase in futures open interest and a death cross on the BTC chart have traders worried that further downside is in store.

Sellers are keeping the pressure on, according to CoinMarketCap.

Binance Coin, the native token of the Binance exchange, has struggled to push past a critical resistance level marked by a descending trendline. This trendline has been a formidable barrier for BNB since mid-July, and recent attempts to break through it have proven unsuccessful.

One of the main characteristics of innovative projects is that they always come up with revolutionary innovations. DTX Exchange (DTX), the first hybrid exchange, is also on its way to revolutionize the trading industry by introducing a no-KYC wallet in August.

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) Ethereum continues to struggle above the key support at $2,400 and fell by 2.3% this week.

BNB struggles at key resistance as bearish indicators point to a potential decline.

After teasing with a new all-time high above $700 in early June, Binance Coin (BNB) has continued to consolidate in a bearish outlook in the past few weeks. The large-cap altcoin has viciously defended its fourth position in the crypto industry by market data, despite the notable competition from Solana (SOL).

Binance has agreed to pay $1.7 million to Brazilian Securities and Exchange Commision (CMV) over non-compliance.

Ethereum (ETH) and Binance Coin (BNB) have both posted impressive price gains over the past week. However, as the crypto market shows signs of revival, there's growing speculation about whether these recent rallies will prove to be temporary or signal sustained growth.

BNB, the native cryptocurrency of the Binance platform, is showing signs of recovery as it climbs from the $500 support zone. After a recent slump, the price is now gaining momentum and could potentially aim for a breakout above $535, signaling further gains in the coming days.

Bitcoin is finding it difficult to rise above the overhead moving averages, indicating that the bears are trying to flip the level into resistance.

BNB's recent price action has highlighted its resilience at the $491 support level. This level has been a significant point for buyers, showing multiple successful bounces which signal a potential bullish reversal.