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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.
With the Bitcoin price struggling under the $60K mark, the recovery run in the altcoins market takes a huge hit. As buyers suffer $137M in liquidation over the past 24 hours, the bearish pressure grows over the altcoins.
Three different cryptos with three distinctly different market trends.
BNB bounces back! After a shaky start, Binance Coin climbs above crucial resistance levels, closing at $523 and hinting at a bullish shift in the market.
Binance Coin (BNB) has recently made headlines by reclaiming the $500 mark after a remarkable surge of 8.95% in just one night. This resurgence has rekindled optimism among investors and analysts, who are now speculating about the potential for BNB to continue its upward trajectory, possibly reaching $700 in the near future.
Binance Coin (BNB), the native token of the Binance exchange, has been under intense scrutiny as the broader cryptocurrency market faces a wave of panic and uncertainty. With bearish sentiment dominating the market, BNB is struggling to find its footing, and the outlook suggests that further downside could be on the horizon.
Binance Coin (BNB) has struggled under the weight of a broader market downturn, with bearish sentiment casting a long shadow over its prospects. As panic grips the cryptocurrency world, questions arise about where BNB might head next and who stands to benefit from its current challenges.
Binance saw an extraordinary influx of $1.2 billion, a figure that stands out as one of the highest daily net inflows for the platform this year. This surge came on the heels of a global cryptocurrency market downturn, suggesting a strong rebound in investor confidence.
With a bearish start to the month and the price of Bitcoin dropping below the $55,000 mark, the cryptocurrency market has continued to display a mixed price action this week. Following this, top altcoins have recorded a similar price action by recording a constant pump-and-dump-like situation.
Buyers are more powerful than sellers at the beginning of the weekend, according to CoinMarketCap.
The next few days could be very interesting for this altcoin.
The price of Bitcoin (BTC) today is teetering between $53,000 and $61,000 [USD]. This crest in this volatile week is up nearly $10,000 since the store-of-value coin's fell to $49,000 just days ago.
BNB Chain announces attestation ideas for its 2024 Q3 Hackathon, with over $500,000 in prizes. Key tracks include gaming, social, and payments.
