Tag: bnb

Dec 07 2021

Binance to Seek Approval From FCA Ahead of its U.K. Launch

Binance, the world’s largest cryptocurrency exchange platform, has plans to obtain the necessary paperwork and become a registered service provider in the United Kingdom by mid-2022.

Dec 06 2021

Binance Coin Price Analysis: Violating The Crucial Support Of $500, The BNB Coin Could Lose 10-12% More

The BNB coin price struggles to overcome the All-TIme High resistance zone around $660. On December 1st, the price obtained strong rejection from this resistance and initiated another retracement phase. The price dropped 20% from the above level and already retested the near support of the $500 mark. This has created two crucial levels for The post Binance Coin Price Analysis: Violating The...

Dec 04 2021

BNB bulls rejoice as Binance Smart Chain activates automatic burning mechanism

Dec 04 2021 Published at CryptoSlate under tags  analysis bep-95 bnb eip 1559 ethereum

Binance Smart Chain (BSC) has finally activated its BEP-95 upgrade which would lead to the phase out of the old manual burning method to an automatic burning mechanism. Though the burning mechanism shares a few similar features with that of Ethereum’s EIP-1559, there are quite a number of differences in both burning methods. Binance’s BEP-95 is live...

Dec 03 2021

Binance Coin Price Analysis: Completing The Cup And Handle Pattern, The BNB Coin Could Hit The $1000 Mark

The BNB coin price provides an impressive recovery from its recent correction to the $515 mark. The price is up by 26% from November's low and seems ready to retest the All-Time High resistance around $680. With this same resistance as the neckline, the coin also shows a Cup and Handle pattern, indicating even more The post Binance Coin Price Analysis: Completing The...

Binance Coin (BNB) Burning Mechanism is Live on Binance Smart Chain (BSC)

Ethereum is no longer the only major coin with built-in gas fee burning mechanics. The latest update to Binance Smart Chain, the so-called Bruno hard fork, introduced a real-time Binance Coin (BNB) burning mechanism, similar to Ethereum’s own fee burning mechanics launched as a part of the London hard fork in August.

Nov 30 2021

Binance Coin Price Prediction – Will BNB BOOM back to $700?

Despite the crypto market crash that happened last week, cryptocurrencies are still on an uptrend. This is true for most tokens, including Binance Coin. Not only is this token rising in value, but it is also approaching its previous all-time high price of $700. Many skeptics believe...

Nov 29 2021

Top 3 Coins to Watch – Week 48

After another week of a rather bearish trend, the total valuation of the cryptocurrency market dropped to $2.50 trillion. In the last week, BTC lost over 8% and ETH over 6%. However, cryptocurrencies from the so-called “ETH killers” group were hit the hardest, as Cardano (ADA), Polkadot (DOT), and Solana (SOL) all suffered losses of nearly 20%. While red numbers are without a...

Nov 23 2021

Binance Price Analysis: The BNB Traders Could Expect A Significant Rally If The Coin Price Reclaims The $670 Resistance

The BNB coin presents an overall uptrend in its technical chart. This coin has recently obtained good support from the $510 mark, and now it aims to breach the All-Time High resistance of the $670 mark. The crypto traders could wait for the price to give a decisive breakout from this level to expect a The post Binance Price Analysis: The BNB Traders...

Billions exited DeFi protocols last week, but newcomers like Cronos Chain show growth

Nov 23 2021 Published at CryptoSlate under tags  aave avax bnb busd cro

Total value locked (TVL) across all platforms went down from $273 billion to $261,2 billion last week, according to DeFiLlama. At the time of writing, Cronos Chain TVL hovers around $781 million, up almost 41% during the past 7-day period. Meanwhile, Avalanche TVL rose 23%. Avalanche ATH...

Nov 22 2021

Binance CEO Asks What Crypto To list, Community Responds

Nov 22 2021 Published at Bitcoinist.com under tags  binance bnb bnbusdt crypto news

Leading crypto exchange Binance CEO Changpeng “CZ” Zhao asked his over 4 million followers for recommendations for listing coins. Via his Twitter account, CZ dropped the question “What to list?”, unleashing thousands of replies from crypto enthusiasts. Related Reading |...

Nov 20 2021

Is The Binance Smart Chain Going Off The Rails? BSC Validators Rise Up

There seems to be a disturbance in the force over at the Binance Smart Chain. Even though for the average user the BSC is working just fine, the validators are up in arms. A pseudonymous one opened up an issue at GitHub and all hell broke loose. The title: “BSC is a lost cause.” It...

Nov 11 2021

[Updated] Binance Review: The World’s Leading Cryptocurrency Exchange?

At this time, the digital currency exchange market is filled with a wide variety of choices, therefore choosing the right exchange or trading platform can be quite a headache for both novice and veteran cryptocurrency users. Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly [...] The post Binance Review: The World's Leading...

Nov 05 2021

Revolut is Looking for the Right Candidate to Lead Development of its Cryptocurrency Exchange

Revolut, a rapidly growing fintech company headquartered in London is looking to hire a blockchain specialist to lead its technical team tasked with designing and building Revolut Crypto exchange.

Oct 27 2021

Supply for Binance Coin set to decrease as BEP-95 seeks to burn BNB in ‘real time’

Oct 27 2021 Published at CryptoSlate under tags  bep-95 binance bnb defi eip 1559

Binance has pulled a new trick out of its bag as it plans to introduce a real- time burning mechanism, Binance Evolution Protocol, BEP-95, to its Binance Smart Chain (BSC) network. This was announced via a press statement issued by the largest crypto exchange by trading volume recently. Binance proposed BEP-95 upgrade According to the...

Oct 25 2021

Binance Smart Chain BSC Updates | BSC Propose Fee-burning Mechanism to Improve BNB Value | Oct Week 4

There have been some exciting developments in the Binance Smart Chain (BSC) ecosystem lately. To keep followers informed, Altcoin Buzz takes a look back at the most important BSC updates from last week. During the fourth week of October, Binance Smart Chain (BSC) reached new heights in terms of daily active addresses. The BSC ecosystem...

Oct 20 2021

What Has Changed Since Bitcoin Hit $60K Last Time?

Are you wondering about how the market has changed since Bitcoin last hit $60K in mid-April? We’re taking a look at historical market data to see what has changed in the last six months.

Oct 19 2021

Binance Removes $639 Million Worth of BNB From Circulation in its 17th Quarterly Burn

Binance has announced the successful completion of the 17th quarterly token burn, which forever removed 1,335,888 BNB (equivalent to $639,462,868) from circulation. The largest cryptocurrency exchange has now burned more than 30 million BNB via its token burning program, worth approximately $14.7 billion at current market rates.

Oct 13 2021

Binance Smart Chain Growth Fund Launch Pulls BNB to 5-Week High, Bitcoin Drops to $55,000

Key takeaways: Bitcoin is trading in the red, while the majority of altcoins are up in the last 24 hours The altcoin surge is led by BNB, which has gained...

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