Binance founder Changpeng Zhao, widely known as “CZ,” is set to be released from custody today, marking the end of a four-month sentence in the United States. Zhao's release is expected to have significant effects on the cryptocurrency market, especially on Binance Coin (BNB) as it has been displaying uptrend in the last few days.
While the crypto community awaits Sunday's release of the former Binance CEO Changpeng Zhao, Binance Coin (BNB) buyers appear increasingly cautious. CZ will be a free man from 29 September after completing his fourth-month sentence. Meanwhile, BNB has experienced reduced buying volume over the last few days, with buyers hesitating to execute massive positions.
As ex-Binance CEO Changpeng “CZ” Zhao nears his release date, Binance Coin (BNB) buyers are becoming increasingly cautious. The coin's price decline over the past few days due to low buying volume suggests that traders hesitate to commit to large positions.
BNB Chain reveals the winners of the BNB Incubation Alliance during Token2049 in Singapore, aiming to accelerate Web3 innovation.
Excitement is back as the crypto market returns to the upside. The impact of the Fed's rate cut is being felt across the landscape, with Binance Coin (BNB) trading above $600. At the same time, instead of FOMOing, savvy traders are bidding more on promising tokens rather than hype.
With the recent news that Changpeng Zhao, the ex-CEO of Binance, will be released on September 29th, the buzz around Binance Coin in the crypto market has increased. However, will this recent buzz result in a new bull run for Binance Coin, surpassing the $724 all-time high mark? Recap of CZ Arrest and Binance's $4.
Bitcoin continues to face selling near $65,000, but the intensity seems to be reducing, paving the way for an upside breakout.
BNB could potentially fall by 20% to reach the $480 level due to the formation of a bearish triple-top price action pattern.
Following an impressive price surge of over 25%, Binance Coin (BNB) now appears bearish and a price decline may be seen in the coming days. The negative outlook for BNB is likely due to the formation of a bearish price action pattern on the daily chart and concerning on-chain metrics.
BNB price plunged 1.45% during the U.S. trading session on Wednesday. While the bearish turnaround aligns with a broader market pullback, its retest to key resistance breakout signals the potential for further rally.
The price of the native token on the BNB chain and the world's largest crypto exchange, Binance, is slowly but surely approaching a key block of resistance around the previous all-time high of $691 per BNB. Since its inception three years ago, the price of the cryptocurrency has never managed to break above this level in several attempts.
One of the most anticipated technical indicators on the cryptocurrency market, a golden cross is getting closer for Bitcoin. It is common to interpret this pattern — where the 50-day moving average crosses above the 200-day moving average — as a bullish indication of possible upward momentum.
Changpeng Zhao, the face of Binance, is scheduled to be released on September 29 after serving a four-month sentence related to anti-money laundering violations. His return is being closely watched by investors and traders alike, as it could significantly impact both Binance and the wider Binance Smart Chain (BSC).
BNB pushes past $600, backed by rising volume and bullish sentiment, with $620 in sight.
Most of the coins are in the green zone, according to CoinMarketCap.
The upcoming months could be pivotal for investors closely following Dogecoin, BNB, and BlockDAG, as all three cryptocurrencies prepare for significant updates. Dogecoin's price prediction suggests it may soon surpass the $0.
Binance Coin (BNB) is witnessing a notable rise, driven by anticipation surrounding the imminent release of Changpeng Zhao (CZ), the co-founder and former CEO of Binance.
BNB bullish rally has hit a wall as the $600 resistance level proves to be a formidable barrier. After an impressive upward run, momentum has stalled, and downside pressure is starting to build.
BNB Smart Chain (BSC) has been very busy these last few months making lots of moves. Some of these strategic moves are based on tech.
Binance Coin (BNB) Price Analysis: BNB price crossed the $615 mark on Monday Sept 23, its highest in over 100 days dating back to June 2024. Derivatives markets data trends suggest the Binance Coin (BNB) rally is largely driven by speculative trading activity.
BNB is poised for a breakout with CZ's release, strong RSI, and growing adoption.
Binance Coin (BNB) is experiencing a bullish surge, driven by excitement surrounding the impending release of Binance co-founder and former CEO Changpeng Zhao (CZ).
BNB has broken a critical resistance level and is now eyeing $650. Can this rally continue, or is a correction on the horizon?
Bitcoin bears are defending the $65,000 resistance, but if it gives way, BTC and altcoins are likely to chase new all-time highs.
The BNB coin price surged 1.2% before the U.S. trading session on Monday, settling at around $594. The ongoing recovery is poised for a major breakout from $600 resistance ahead of Binance founder Changpeng Zhao's (CZ) release from the Long Beach RRM federal facility.
BNB price started a fresh increase above the $550 resistance zone. The price is now consolidating near $600 and might aim for more gains.
Binance Coin (BNB) is making waves with promising indicators that suggest a potential rally. Recently, BNB has seen a notable surge in trading volume and active addresses, raising the question: could this be the beginning of a significant price breakout?
In the past two weeks, the cryptocurrency market experienced significant growth across most major altcoins, spurred by speculation around the U.S. Federal Reserve rate cuts. During this market rebound, Solana, Dogecoin, and BNB Coin attracted significant investor attention due to their respective developments.
Most of the coins keep rising at the beginning of the weekend, according to CoinStats.
The price of Binance coin (BNB) is in an upward correction after rising above the moving average lines. The cryptocurrency value is moving sideways as it rises above the moving average line.
Cryptocurrency Prices Today: The cryptocurrency market has taken a step back from its uptrend. The global cryptocurrency market cap has corrected by -0.75% to $2.2T. Amidst the market conditions, Bitcoin is currently back to its $63k mark. In the meantime, Ethereum is holding onto its $2.5 levels.
BNB surges with a 14.42% volume spike, strong on-chain metrics fueling bullish momentum.
Bitcoin faced selling near $64,000, but buyers have managed to keep the price above the short-term holder realized price near $62,000, which is a positive sign.
Alongside BNB Chain's integration, Binance is enhancing Telegram's Mini App ecosystem with new offerings.
Recent price movement reveals that BNB has surged past a critical barrier, clearing the 100-day Simple Moving Average (SMA) and signaling renewed bullish momentum. With this breakout, BNB bulls are setting their sights on the $605 resistance level, as market sentiment strengthens around the potential for further gains.
This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) The market has had a great week so far, and Ethereum closed with a 9% price increase.
The latest cryptocurrency exchange hit by hacking was confirmed to be BingX based in Singapore where it initially lost $26 million due to hacking. More than 360 altcoins which include some of the biggest coins such as 4. 44 million USDT, 1. 04 million WUSD, and 9.
Binance Coin (BNB), the native token of the Binance ecosystem, is currently in the spotlight as technical analysts observe a classic bullish reversal pattern forming on its chart. This pattern, known as the inverse head and shoulders, suggests that BNB could experience a significant price surge—potentially reaching $725, marking a 19% increase from its current level.
Binance Coin (BNB) holders have waited several months for the altcoin to reclaim the $600 price mark. The increased demand it currently enjoys suggests that this milestone could be achieved sooner rather than later.
BNB Chain launches 'Gas-Free Carnival' enabling gasless stablecoin transfers with partnerships from leading exchanges, wallets, and bridges.
BNB forms inverse head and shoulders pattern—could a breakout push prices up by 19% to $725?
BNB Chain has introduced the transfer of stablecoin without gas fee, a strategic move aimed at improving cross-chain liquidity.
BNB Chain, a community-driven blockchain platform, recently unveiled an upgrade aimed at enhancing its stablecoin infrastructure by introducing gasless transactions.
Binance Coin (BNB) navigates the cryptocurrency landscape, it faces an uphill battle in its quest to reach $600. Recent trading activity shows BNB struggling to convert critical resistance levels into support, particularly between $575 and $619.
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.