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Is BNB headed for a September slump? A bearish pattern suggests a potential 30% drop, but could Fed rate cuts turn the tide?

BNB's rate of decline raises alarm among traders.

The performance in DeFi turns out to be worse than its competitors.

Binance will perform wallet maintenance for BNB Smart Chain (BEP20) on September 5, 2024, affecting deposits and withdrawals for two hours.

BNB price has struggled, but some investors claim Changpeng “CZ” Zhao's release will pump BNB price even as network fundamentals worsen.

Bitcoin is attempting a slight recovery, but closing above the $60,000 market will be the first step to achieve before BTC and altcoins can bounce from their recent lows.

The new week and new month have started negatively for most of the coins, according to CoinStats.

Binance Coin (BNB) has dropped over 10% in value during the past seven days. Since August 23, the altcoin has been trading below a descending trend line, confirming its ongoing decline.

As of now, Binance Coin remains one of the top cryptocurrencies by market value. With a market capitalization of approximately $75.8 billion, BNB holds its ground as the third-largest cryptocurrency, trailing only Bitcoin and Ethereum, and excluding Tether (USDT).

Adding to the negative outlook, funding rates for BNB perpetual futures have dropped into negative territory.

Despite a major decline, BNB remains a top coin. Will that change though?

BNB Chain introduces a range of new projects from DeFi to AI and Web3 gaming. Discover the latest additions to the BNB Chain ecosystem.

Binance coin price plunged 2.46% to $519 ahead of the upcoming hearing against the Nigerian government. The broader market uncertainty and legal dramas have negatively impacted the BNB price recovery, as the daily chart shows a sideways trend since March 2024.

A leading cryptocurrency Binance Coin (BNB), closely tied to the Binance exchange, is experiencing a significant downturn. Recent data reveals that Binance's funding rates have turned negative for the third time in 2024, a trend that has raised concerns among investors and market analysts.

Where do traders stands as far as the odds of a market downturn are concerned?

BNB Chain will celebrate a significant milestone—its 4th anniversary. This event marks four years of rapid development and growth in the blockchain ecosystem.

BNB Chain launches voting for its 4th Anniversary Ecosystem Catalyst Awards, recognizing innovative projects in various categories. Voting runs from September 2 to September 9.

Bitcoin's failure to maintain above $60,000 is pulling altcoin prices toward their recent swing lows. What will it take to turn the market around?

In the last days, Tron (TRX) and Binance Coin (BNB) holders have turned their attention to a new gambling token, Mpeppe (MPEPE), which is predicted to deliver a staggering 300x return. This newfound interest has sparked a frenzy in the crypto community as investors seek to capitalize on this potential goldmine.

Analyst Nicholas Merten aka Datadash said that Bitcoin needs to rise significantly for altcoins to do well. Without Bitcoin leading the way, altcoins are unlikely to see a bull market. For example BNB (Binance Coin) recently broke through a long-term support line—a critical level where buyers usually step in.

BNB is currently under increasing bearish pressure, potentially setting it on a path toward the $500 mark. As sellers strengthen their control, the cryptocurrency seems poised for a further drop to this crucial support level, raising the question, will BNB manage to break through these bearish barriers and move toward its target, or will it give in to the ongoing downtrend?

The Bohr hard fork, scheduled for mainnet on September 26, brings significant upgrades to BNB Smart Chain, including BEP 341 for consecutive block production.

Binance Coin (BNB) is at a pivotal moment in its trading journey, and traders are keenly observing its price behavior to gauge future movements. Recent trends highlight the importance of specific resistance and support levels in shaping BNB's short-term prospects.

BNB Chain and SingularityNET (AGIX) Foundation announce a strategic partnership to enhance decentralized storage and AI integration.