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Binance coin (BNB) price slide has slowed down as bulls hold above the $470 support level. The altcoin has been trading below the moving average lines but above the $470 support over the past week.
Discover how liquid staking with slisBNB can enhance BNB rewards, improve fund utilization, and secure the BNB Chain network.
Some of the altcoins have put on great gains since the fall-out over the yen carry trade. Binance Coin ($BNB), Toncoin ($TON) and Avalanche ($AVAX) are rallying hard.
After a long period of suspension, Binance is finally back in India.
BNB price has been steadily rising for three consecutive days, pushing its value from $503 to $528— a 5% increase. This upswing ignores the broader market uncertainty following the Bitcoin consolidation around the $60,000 level.
The news of the US recession has triggered a price correction for Bitcoin (BTC). Bitcoin (BTC) price faced turbulence as of 9th August 2024. This price turbulence has affected the Binance Coin (BNB) resulting in a massive cashout of BNB whales.
BNB price is recovering from $500, with analysts projecting $541 by end of 2024. Binance remains the largest centralized crypto exchange, while its blockchain BSC stays significant in DeFi despite TVL decrease.
Since July, the crypto market has been turbulent. Many tokens have seen their values plummet.
BNB price is recovering higher from the $500 support zone. The price is now showing positive signs and might aim for more upsides above $535.
Altcoins' rally might be short-lived, as suggested by an analysis, but what about the long term?
The recent recovery provided some consolation to investors amid the market downtrend. Toncoin (TON) and Polygon (MATIC) seem to be struggling with the market dip, while DTX Exchange (DTX) has not only been able to sustain the market but also to make strides within it.
BNB Chain launches the third round of its Meme Coin Innovation Battle, offering up to $150,000 in prizes to foster the meme coin ecosystem.
Amid the ongoing market turmoil, the Binance price has continued hovering close to its resistance/support level of $543, indicating a weak price action for the altcoin. However, the market sentiments display increased positive influence, indicating a potential bullish reversal in the coming time.
BNB Chain announces its 4th Anniversary Ecosystem Catalyst Awards to honor innovative projects in categories like DeFi, Gaming, and Infrastructure.
Lido DAO adopts NTT standard to facilitate wstETH transfers to BNB Chain via Wormhole and Axelar, enhancing cross-chain interoperability.
BNB builds bullish momentum at $491, aiming for $555 target.
The S&P 500 Index is extending its recovery, boosting buying in Bitcoin and select altcoins in the near term.
Unlike the prior period, crypto investment products ended last week with a net positive flow. However, Binance Coin (BNB) did not share the same trend.
Lido consolidates its position as a leader in Ethereum staking
BNB price was up 2.6% to $516 during the U.S. trading session on Monday. This upswing followed Bitcoin's attempt to reclaim $60k amid eased selling pressure from the weekend.
Most of the coins have returned to the red zone at the beginning of the week, according to CoinMarketCap.
A significant development for Binance Coin was its ability to move above the long-moving average, depicted by the blue line on price charts. Previously, this average acted as a resistance level, and overcoming it suggests a shift in market sentiment from bearish to neutral or bullish.
Lido Finance is the market leader in Ethereum staking, claiming 28.2% of net ETH deposits.
Lido Finance is the market leader in Ethereum staking, claiming 28.2% of net ETH deposits.
