As of now, BNB is trading just below the $550 mark, following a successful breach of the $540 resistance area. This momentum has led many traders to speculate about the coin's next moves, especially as the broader cryptocurrency market shows signs of bullish activity.
Binance Coin (BNB), one of the leading cryptocurrencies, has recently made headlines with its impressive performance. On September 17th, BNB successfully retested a crucial level of $530, and this development could signal a significant price rally in the near future.
Cryptocurrencies are registering an uptick as the market reacts to the Federal Reserve's interest rate cut on September 18. After topping $61.2k on Tuesday, BTC slipped back under $60k as market jitters resumed. However, with the Fed's 50 basis point interest rate decision, Bitcoin is back above $61k.
Bitcoin is at a critical juncture, and analysts are divided about the potential impact of interest rate cuts on the market's direction.
Bittensor ($TAO) and several other leading AI coins are pumping today, despite a marketwide downturn that has shaven 0.4% from the now-$2.16 trillion crypto market.
TL;DR Gasless Transactions: BNB Chain introduces gasless transactions for stablecoins like USDT, USDC, and FDUSD, making transfers faster, cheaper, and more accessible. Enhanced Cross-Chain Liquidity: Collaborations with bridge providers like Celer enable zero-fee transfers and superior liquidity, simplifying asset movement across blockchains.
Blockchain network BNB Chain announced plans to collaborate with centralized exchanges to ensure users can make fee-free stablecoin deposits.
SafePal and Bitget have already integrated the BNB Chain gasless solution, with additional support from the Binance Web 3 Wallet and Trust Wallet expected soon.
The Binance coin price plunged 0.66% during Asian trading hours on Wednesday. Despite the slight pullback, the BNB price maintains its prevailing bullish momentum amid the preparation of stablecoin-centric payment infrastructure and the upcoming release of former CEO Changpeng Zhao.
Though BNB (BNB) has been trading with significant strength throughout 2024, the Binance cryptocurrency exchange's issues with the U.S. legal system have been a major cause of volatility since late 2023.
Explore how BNB Chain is shaping stablecoin use in DeFi, ecosystem diversity, user experience, and commercial applications.
BNB Chain partners with major CEXs and wallets to introduce gasless stablecoin transfers, enhancing cross-chain liquidity.
BNB Chain has announced new developments aimed at becoming the core infrastructure for stablecoin payments and digital financial transactions. This initiative focuses on gasless transactions across centralized exchanges, wallets, and bridges, making stablecoin payments faster, cheaper, and more accessible. Gas-free transfers for USDT, USDC, and FDUSD will be supported.
BNB Chain aims to make stablecoin payments faster, cheaper, and more accessible to users by focusing on gasless transactions between centralized exchanges (CEXs), wallets, and bridges.
BNB's price successfully retested its breakout level of $530 and is now poised for upside momentum.
After a few gushing hours today, the crypto market has witnessed quite a recovery, where the global market capitalization has grown to $2.08 Trillion. And the same is true with the trading volume, which is at $77.5 Billion after a 28% surge in the last 24 hours.
BNB's price has faced multiple failed attempts at flipping the resistance block between $575 and $619 into support.
BNB price started a fresh increase above the $542 resistance zone. The price is now consolidating gains and might aim for more gains above $550.
BNB Chain invites participants to vote for the BIA Winner at Token2049, with a chance to share $1,000 in BNB rewards.
PEPE, Polkadot, ImmutableX, and Bittensor stand out amid a heightened focus on the Federal Reserve meeting and persistent fear within the crypto fear and greed index. A detailed look into individual cryptocurrencies reveals intriguing trends and future price predictions. PEPE price paints a bullish setup Currently trading at $0.
Despite recent volatility, Binance Coin (BNB) appears to be showing resilience, with its price holding above $500 since September 11 and currently trading at $552.
Cryptocurrency prices were mixed as traders focused on the upcoming Federal Reserve meeting, with the crypto fear and greed index remaining in the fear zone.
Amid escalating volatility, Notcoin's (NOT) price has decreased by 52% in the last 90 days. As a result, some market participants view the massive Notcoin price plunge as an opportunity to scoop more tokens at discount prices.
Let's have a brief overview of the price action for BNB, SOL, and ADA and see what's next for these popular altcoins.
Could this crucial breakout be the spark that ends Notcoin's extended downtrend?
BTC has struggled with adverse market conditions and a challenging environment, failing to regain momentum and trading largely between $53,000 and $60,000 for several weeks. BTC's failure to hold on to $60,000 indicates demand is drying up at higher levels, with investor hesitation peaking.
Bittensor (TAO) is on the verge of a significant price surge, with technical indicators pointing toward a potential 80% rally. The cryptocurrency has struggled to break through a crucial resistance level, but an ascending triangle pattern suggests that a breakout may be on the horizon.
Bitcoin's failure to hold $60,000 shows hesitation to buy at higher levels before the FOMC decision on Sept. 18.
Cardano's ADA has been a divisive project over the years. The team behind Cardano, led by Charles Hoskinson, has been inspired by the world of science publishing and has adopted a peer-reviewed approach for their token.
TL;DR Matrixdock officially launches its new gold token, XAUm, on September 16, 2024. XAUm is backed by physical gold with a minimum purity of 99.99% and meets LBMA standards. Users can purchase XAUm using USDT or USDC and redeem it for physical gold in Hong Kong and Singapore.
Without the involvement of original creator, Flappy Bird is relaunching on Telegram, supported by Notcoin.
The recent OI drop suggests short-term sentiment was bearish despite the mid-range resistance now serving as support.
BNB Chain's Most Valuable Builder (MVB) Program returns with Season 8, aiming to accelerate Web3 innovation with enhanced support and resources.
An analyst criticizes Cardano (ADA), calling it a "cult coin" and comparing its performance unfavorably to Binance's BNB.
In recent days, the Binance Coin (BNB) market has shown indecision, with its price moving sideways, indicating that neither buyers nor sellers have enough momentum to drive a clear direction.
Bittensor (TAO) price has struggled to breach the $357 resistance level. Despite these failed attempts, the conditions for forming an ascending triangle pattern are becoming more apparent.
Telegram coin Notcoin (NOT) has experienced short-term consolidation since the beginning of September. Due to multiple support levels, the cryptocurrency has avoided sharp corrections in the past months.
Here is how some of your favorite assets concluded the week.
Some coins have returned to the red zone, according to CoinStats.
Decentralized AI project Bittensor skyrocketed to the top of the weekly gainers' list, riding the wave of Nvidia's stock surge.
Binance Coin (BNB) has made headlines recently with a remarkable surge, pushing beyond the crucial $525 resistance level. This breakout has not only captured the attention of the cryptocurrency community but also optimism about the token's potential for further gains.
BNB stands at $544.48, fueling speculation about a potential 40% price increase. This optimism stems from various technical indicators and on-chain metrics suggesting a possible breakout.
Upcoming Binance Launchpad incentives, CZ's upcoming release and BNB Chain's use cases outside of DeFi appear to be behind BNB's rally.
The cryptocurrency market continues to evolve, and savvy investors are always on the lookout for the next big opportunity. Recently, Binance Coin (BNB) traders have taken notice of GoodEgg (GEGG), a new AI-powered dating cryptocurrency.
Binance exchange announced the $1 million support to its Vietnam users as the region grapples with economic and social challenges caused by Typhoon Yagi.
September 2024 began on a tough note for several Artificial Intelligence (AI) Coins. However, as soon as the second week started, things changed, making the week a much better one than the last.
The organization plans to airdrop up to $1 million in BNB (Binance's digital currency) to Binance users who live in the hardest-hit areas. This airdrop is part of Binance's ongoing efforts to support communities in need during times of crisis.
This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) Since last week, Ethereum's price has remained close to the key resistance at $2,400.