Tag: binance coin (bnb)

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...

May 09 2021

Binance Smart Chain Daily Transaction Count hits New High of 9.168M

Daily transactions on the Binance Smart Chain reached a new peak value of 9.168 million on May 3rd Since late April, the Binance Smart Chain has been handling over 7 million daily transactions Unique addresses on the Binance Smart Chain have exceeded 70.3 million On-chain metrics point towards a bullish future for Binance Coin (BNB) The number of daily transactions on the Binance...

May 08 2021

DOGE Inches Closer to Flippening BNB Hours Before Elon Musk Hosts SNL

Earlier today, Dogecoin set a new all-time high of $0.7376 The move had Dogecoin's market cap at $94.7 Billion and approx. $3 Billion from flippening BNB Dogecoin's bullish momentum is hinged on Elon Musk hosting Saturday Night Live tonight Fans of DOGE are reportedly planning 'watch parties' of the episode and could result in more gains But sellers could be targeting the SNL...

May 06 2021

Dogecoin (DOGE) Becomes a Top 3 Crypto at $0.77, Flippening BNB

Dogecoin is now ranked 4th on Coinmarketcap DOGE has edged out heavyweights such as XRP, Tether (USDT), ADA and Polkadot Dogecoin (DOGE) could become a top 3 digital asset at a value of $0.77 This is based on the assumption that BNB's market cap stays at $100 Billion Dogecoin is once again be set for a pullback but Elon Musk's SNL appearance might...

May 03 2021

Binance Coin (BNB) Becomes the 3rd Crypto With a Market Cap Over $100B

Binance Coin has become the third digital asset with a market cap above $100 Billion BNB's market cap currently stands at $100.74 Billion Binance Coin is now worth more than Zoom, SnapChat, AirBus and GlaxoSmithKline Binance Coin printed a new all-time high of $666 - Binance rate - and could keep growing The digital asset of Binance Coin (BNB) has just hit a...

May 01 2021

Swipe Founder and CEO Burns His SXP Token Allocation Worth Over $200M

Swipe's founder, Joselito Lizarondo, has destroyed his SXP allocation in a token burn The amount of SPX destroyed reduced the total supply by 17.5% and worth $200 million at the time of the burn Mr. Lizarondo explained that he wants Swipe to succeed thus the decision to burn his team allocated tokens Mid last week, the founder and CEO of the Swipe (SXP),...

Total Value Locked on the Binance Smart Chain Hits $44.25B

The Binance Smart Chain continues to grow at a rapid pace $44.250 Billion is currently locked on the blockchain through various DeFi protocols A total of 25.118 million Binance Coin (BNB) is currently locked on BSC Such metrics are impressive given that the Binance Smart Chain was launched in September 2020 Binance Smart Chain could catch up to Ethereum which has $67 Billion...

Apr 27 2021

Binance To Launch NFT Marketplace in June, 2021

Binance has confirmed it will be launching an NFT marketplace this June The marketplace plans on bringing together artists, creators and crypto enthusiasts from around the world Binance has not revealed whether the marketplace will be exclusive to the Binance Smart Chain Chances are, that the marketplace will feature on Ethereum and possibly other blockchains...

Apr 18 2021

Binance CEO: We Will Eventually Burn All Team Allocated BNB From ICO

The Binance team was allocated 40% of the BNB minted during the ICO back in 2017 The 80 million BNB is now worth $37 Billion CZ has clarified that all team allocated BNB from the ICO will be burned Binance Coin (BNB) dropped to a local low of $428 due to the crypto market crash earlier today However, fundamentals surrounding the Binance Smart...

Apr 16 2021

Binance’s 15th Coin Burn Destroys $0.595 Billion Worth of BNB

Binance has completed its 15th quarterly coin burn of Binance Coin (BNB) 1,099,888 BNB valued at $0.595 Billion was destroyed The total supply of BNB reduced from 170.532 million to 169.432 million The latest BNB coin burn was the largest to date Earlier today, the crypto exchange of Binance carried out its 15th quarterly BNB coin burn. The event removed from circulation 1,099,888...

Apr 15 2021

Coinbase Closes Day 1 of Trading as the World’s Most Valuable Exchange

Coinbase (COIN) closed the first day of trading at a value of $328 Coinbase closed the first day of trading COIN as the most valuable exchange in the world Coinbase managed to eclipse the CME Group, the Hong Kong Exchanges and Clearing, and ICE The market cap of COIN has also exceeded that of Binance Coin (BNB) Yesterday, April 14th, marked the first...

Apr 09 2021

Binance Smart Chain’s Top 5 Dapps Exceed 283k Active Wallets in 1 Week

Summary: The top 5 Dapps on the Binance Smart chain have exceeded 283k in unique active wallets Binance Smart Chain Now hosts 63.63 million unique addresses Binance Coin (BNB) has hit a new all-time high of $439 with no signs of slowing down The top 5 decentralized applications on the Binance Smart Chain have reached over 283,430 unique active wallets in the last...

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