Tag: binance coin (bnb)

Jul 06 2022

Binance Launches Zero-Fee Bitcoin Trading for 13 Spot pairs as it Celebrates its 5th Anniversary.

Summary: Binance has announced the launch of zero-fee Bitcoin for 13 spot trading pairs beginning July 8th until further notice. The discounted trading is part of the exchange's fifth-anniversary celebrations. The 13 Bitcoin pairs are mostly against fiat and stablecoins on the exchange. Binance US also announced zero-fee Bitcoin trading last month. The team at Binance has announced the launch of zero-free Bitcoin...

Jun 07 2022

BNB Loses $300 Support Level Amidst News of the SEC Investigating Binance on its 2017 ICO

Key takeaways: Binance Coin's (BNB) price has been affected by news of the SEC investigating the exchange on its 2017 ICO. Binance Coin has since lost its $300 support level and could retest its $218 low set during the crypto sell- off catalyzed by UST's depegging event. The investigations by the SEC aim to figure out if Binance broke Securities laws by selling its...

May 31 2022

BNB Chain Updates Roadmap, to Introduce Sidechains, META Apes, a Metaverse and Open Source Code

Summary: The team at BNB Chain has released an updated roadmap of the project. At the core of the roadmap is increased decentralization, sidechains, META Apes, a Metaverse, and open-source code. Binance Coin (BNB) continues to trade above the $300 support, with $350 the next resistance level. The team at BNB Chain has announced the launch of a new technical roadmap focusing on...

May 22 2022

CZ Debunks WSJ Article on Insider Trading, States Binance Has a Zero-Tolerance Policy on Such Activities

Summary: CZ has debunked a Wall Street Journal article that suggested Binance employees had participated in insider trading of Gnosis last August. He stated that Binance has a zero-tolerance policy on insider trading and holds itself to the highest standards. CZ also asked anyone who notices anything suspicious regarding trading on the exchange to send a whistleblower email to audit@binance.com. The Co-founder and...

Apr 30 2022

Here’s Why Binance Coin (BNB) Is Poised For A Short-Term Rally

Apr 30 2022 Published at Coingape under tags  altcoin news binance coin (bnb) news whales

Binance Coin (BNB) traders are showing signs of confidence amid a weak crypto market. BNB price has found support at lower levels around $390 as Binance continues to expand its presence globally in the crypto market. In the last 24 hours, BNB saw its highest number of whale transactions since early March. Binance Coin (BNB)...

Apr 06 2022

Binance.US Raises $200M in Seed Round at $4.5B Valuation

Summary: Binance.US has raised $200 million in its seed round after a valuation of $4.5 billion This was the first round of funding for Binance.US Investors included RRE Ventures, Foundation Capital, Original Capital, VanEck, and Circle Ventures, among others Launched in 2019, Binance.US has grown to become one of the largest digital asset exchanges in the United States The American arm of the...

Mar 09 2022

Binance Plans ‘Acquisition Spree’ of Businesses in Traditional Markets

Quick take: Binance is planning to scoop up businesses that operate in traditional markets to boost crypto adoption This follows Binance's $200 million strategic investment in Forbes Earlier this month, CZ met with various UK policymakers in Westminister Binance has slowly been warming up to regulators across the globe The popular crypto exchange of Binance is reportedly planning an 'acquisition spree' meant at...

Jan 05 2022

Binance Coin Price Prediction: BNB Could Make A 26% Upswing To $648

More than $2 billion in daily trading volume makes the Binance Coin (BNB) one of the top cryptos to watch in 2022. However, the current threat is the sustained confinement within the descending parallel...

Dec 28 2021

Binance Coin In The Green While Ethereum Falls On Its Chart: Crucial Price Levels

Bitcoin dipped on its chart and soon the altcoin industry observed similar movements across their price charts. At the time of writing Bitcoin was priced...

Oct 19 2021

Binance Coin, Dogecoin Price Analysis: October 19, 2021

Binance Coin is on the verge of cracking the supply zone at $500 as part of the plan to close the gap to $600. Dogecoin is back on the investors' preferred crypto-asset list as it gains traction to $0.3. Binance Coin and Dogecoin are coming up as the strongest contenders on Tuesday, with significant gains The post Binance Coin, Dogecoin Price Analysis: October...

Jul 27 2021

Binance Reduces Daily Withdrawals for Unverified Accounts to 0.06 BTC

Binance has reduced daily withdrawal limits for unverified accounts from 2 BTC to 0.06 BTC Binance has also reduced leverage on new futures accounts to 20x There is also a new tax reporting tool on Binance for users who are obligated to report their capital gains The exchange has implemented the new changes as it works towards complying with regulators globally The popular...

Jul 23 2021

Binance Smart Chain Daily Transaction Count Grows by 92% in One Month

The daily transaction count on the Binance Smart Chain has increased by 92% in one month Active daily addresses on the Binance Smart Chain have increased by 33% in the same time period Dapps on the Binance Smart Chain are growing with games and play-to-earn applications leading the rest in unique wallet interactions 4 of the top 5 games on the Binance Smart...

Jul 20 2021

Binance has Now Burned Approx. $1B Worth of BNB in 2021

Binance recently carried out its 16th BNB coin burn worth $393,673,653 This was the second coin burn of 2021 with the 15th coin burn (Q1) being worth $595,314,380 The two coin burns add up to a total of roughly $1 Billion of BNB destroyed The reduction in supply is bullish for the long term value of BNB However, short-term, Binance Coin faces a...

Jul 16 2021

Binance To Cease the Purchase of Stock Tokens Effective Immediately

Binance has announced that it will cease the purchase of stock tokens on its platform effective immediately Binance will no longer support stock tokens after October 14th, 2021 Holders of the stock tokens on Binance have until October 14th to sell them manually After which all token positions will be closed on October 15th Hodlers of the stock tokens residing in the European...

Jul 13 2021

BNB Price Analysis: Binance Coin (BNB) Price Must break & hold this Mark for a Strong Recovery

BNB price has fallen nearly 7% the last week BNB Price has rejected off major resistance zone of $329 200 MA continues to act as barrier Binance Coin (BNB) Price Overview Binance Global Exchange is getting heat from many jurisdictions the last few weeks but this hasn’t yet to affect the price of Binance coin. The post BNB Price Analysis: Binance Coin (BNB)...

Jul 09 2021

Unique Addresses on the Binance Smart Chain Hit a New ATH of 83.152M

Unique addresses on the Binance Smart Chain have hit a new all-time high of 83.152 million However, the daily transaction count on the Binance Smart chain has dropped by 66.38% since its peak value in mid-May Total value locked on the Binance Smart Chain now stands at $25.933 Billion and has dropped by 51.4% since its peak value of $57.374 Billion in mid-May...

Jul 02 2021

Binance Celebrates 4th Anniversary of its 2017 ICO Which Raised $15M

Binance successfully completed its ICO 4 years ago to date The 2017 ICO raised roughly $15 million in crypto in 16 days CZ has revealed that Binance Coin (BNB) was initially meant to have a ticker of BNC A change from BNC to BNB was done to avoid conflict with another project CZ has confirmed that the 16th BNB coin burn will occur...

Jun 29 2021

Binance Coin’s 200-day MA Holds, as 16th BNB Coin Burn Beckons

Binance Coin is consolidating at the 200-day moving average Binance Coin has a scheduled coin burn in the next few days that should provide some enthusiasm surrounding BNB The last quarterly coin burn was in April and resulted in the destruction of 1.099M BNB worth $595.3 million Binance has committed to an accelerated coin burn program and the 16th event could equal or...

Jun 16 2021

Binance Smart Chain’s Daily Transaction Count Drops by 60% in 1 Month

The number of daily transactions on the Binance Smart Chain has dropped by 60% since May's high of 11.838 million Unique addresses on the Binance Smart Chain are still growing and have reached an all-time high of 78 million Binance Coin (BNB) whales have increased by roughly 7% since mid-May The accumulation could be due to the BNB quarterly coin burn The number...

May 28 2021

Binance NFT Marketplace to Officially Launch on June 24th

Binance's NFT marketplace will be launched on the 24th of June The launce will feature exclusive content from Lewis Capaldi, Trevor Jones, Michael Owen, Alphonso Davies, and eStarPro The launch will also feature NFTs from individual creators from around the world Binance NFT aims at becoming the 'ultimate destination for NFTs and digital collectibles' The team at Binance has announced that the platform's...

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