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news-imageNovember 8, 2024

Binance Hits Record $8.3 Billion in Open Positions, Driving BNB Toward $700

Binance, one of the world's largest cryptocurrency exchanges, has set a new milestone, reaching over $8.3 billion in open positions in crypto derivatives. This surge comes as Bitcoin prices skyrocket to new all-time highs, driven by bullish market sentiment following Donald Trump's presidential victory.
Publisher: The Currency Analytics
Sentiment: Positive
BNB

More News Articles

Positive
cover-imageThe Currency Analytics
November 11, 2024

Binance Coin (BNB) Price Prediction 2024-2030: Projected Growth and Forecasts

Binance Coin (BNB), the native cryptocurrency of the Binance exchange, has gained significant attention in the market due to its impressive growth and its role in the DeFi ecosystem. As the cryptocurrency market rebounds, BNB's price is expected to follow an upward trajectory, with some analysts predicting that it could reach new all-time highs by 2024.

Neutral
cover-imageThe Currency Analytics
November 9, 2024

BNB Price Stays Strong Above $590 Amid Mixed Signals: What Traders Should Watch Next

BNB, the native cryptocurrency of the Binance exchange, is continuing to maintain a solid footing above the $590 mark, ignite interest from traders who are closely monitoring key support and resistance levels. Although BNB has shown resilience in recent weeks, technical indicators are offering a mix of bullish and bearish signals, leaving traders wondering which way the market will move next.

Positive
cover-imageThe Currency Analytics
November 8, 2024

Binance Coin (BNB) at $600 Resistance, Eyes ATH Above $720

Binance Coin (BNB) is positioning itself to break past a critical resistance level at $600, raising expectations of a potential surge to new all-time highs (ATH) above $724 before the end of the year. The broader market's momentum has been favorable, with Bitcoin (BTC) leading the way and surpassing $75,000—briefly touching $76,000—while Binance Coin has been one of the standout performers among major altcoins.

Positive
cover-imageTokenpost
November 7, 2024

FxWirePro- BNBUSD Trade Idea

Key Level to Monitor: $545 The BNB/USD pair gained momentum as Trump won the US Presidential election. The pair surged more than $40 from yesterdays low of $543.

Positive
cover-imageCoingape
November 6, 2024

Binance Open Interest Break New Record, BNB Price To Rally?

Binance cryptocurrency exchange reached a new all-time high in open interest, surpassing $8.3 billion in crypto derivatives. This surge in activity coincides with a sharp increase in Bitcoin prices, which recently hit a historic high following Donald Trump win in the U.S. presidential election.

Positive
cover-imageCryptonews
November 6, 2024

BNB Chain Launches New Tokenization Tool for Small Businesses

BNB Chain Tokenization opens a pathway for small businesses to tokenize assets like real estate, art, and company shares. Designed with compliance and security features, the tool supports entrepreneurs seeking to enter Web3 without extensive technical skills. Partners like BitBond reinforce its secure ecosystem. The post BNB Chain Launches New Tokenization Tool for Small Businesses appeared first on Cryptonews.

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