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.

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.

Crypto markets cheered Donald Trump's win by pushing Bitcoin to a new all-time high above $75,000, signaling the start of the next leg of the uptrend.

BNB Chain has launched a tokenization solution aimed at helping individuals and small businesses onboard to web3.

TL;DR BNB Chain launches a tokenization service that allows companies and users to transform real assets into digital tokens without requiring technical expertise. The platform enables SMEs to issue their own tokens, improving liquidity and offering new ways to engage with customers.

Solana's native token, SOL, has recently surpassed Binance Coin (BNB) in market capitalization, securing the fourth spot among the largest cryptocurrencies.

BNB Chain, Binance's blockchain ecosystem, has launched a new asset tokenization portal focused on real-world assets (RWAs) and private companies. This service aims to provide low-cost access to a growing market.

Solana's climb has now placed it as the fourth-largest cryptocurrency position, following only Bitcoin (BTC), Ethereum (ETH), and Tether's USDT.

TL;DR Solana (SOL) has surpassed Binance Coin (BNB) to become the fourth-largest cryptocurrency by market capitalization, with Solana's market cap at $86.8 billion compared to BNB's $83.1 billion. Solana's growth is driven by increased on-chain activity and higher transaction fees, with its decentralized exchange Raydium generating over $3 million in fees within 24 hours.

SOL's market capitalization has outperformed BNB's, claiming the fourth position among the top largest cryptocurrencies by market cap. According to live data from CoinMarketCap, Solana's SOL has performed impressively in the last 24 hours, recording a gain of 15.41%.

Solana's valuation swelled to $87.3 billion, joining other altcoins like Dogecoin in posting double-digit gains amid a general market uptrend.

An incoming crypto-friendly Trump administration could make allowing crypto ETFs in the U.S. easier, traders say, boosting SOL's prices.

BNB price has dropped by ∼22.7% from the year-to-date high, but the weekly chart points to an eventual rebound as it has formed a cup and handle and bullish flag patterns. Binance Coin was trading at $560, down by ∼10% from its October highs.

Bitcoin price trades below $70,000 as traders derisk ahead of the election. Will altcoins follow this trend or take advantage of BTC's consolidation?

The rates of most of the coins have come back to the green zone, according to CoinMarketCap.

The crypto market faced widespread declines, with only a few assets showing gains, underscoring the sector's inherent volatility.

The Binance Coin (BNB) token retreated for five consecutive days even as the network executed another big burn. It retreated from a high of $611.4 on Oct. 29 to a low of $562, its lowest point since Oct. 14.

The price of Binance Chain Native Token (BNB0 has fallen below the moving average lines after being rejected at the high of $612.50 on October 31. The cryptocurrency fell to a low of $570 before recovering.

On November 1, BNB Chain announced the completion of its 29th quarterly burn, effectively decreasing the cryptocurrency's total supply. Following this event, Binance Coin (BNB) bulls are eager to capitalize on the reduced supply to drive the token's price upward.

On Friday, November 1, the BNB Foundation announced the successful completion of the 29th quarterly burn by the BNB Chain. This latest event of the routine token burn reiterates the project's commitment to a deflationary approach in order to ensure growth.

BNB's 29th burn could be the catalyst for a new rally if resistance breaks.

Solana (SOL) has unveiled its latest project, Seeker, prompting a notable price surge of 5% and bringing SOL closer to becoming the fourth largest cryptocurrency by market capitalization, surpassing Binance Coin (BNB). This price movement comes as Solana reaches a three-month high, with current trading values hovering around $183.38.

The crypto market has witnessed a bearish turnaround since mid-week as Bitcoin's price breaks below the $70,000 floor. The renewed selling pressure can be attributed to market uncertainty following the upcoming result of the U.S. election.

The crypto market faced a surge of selling pressure this week, unsettling investors as Bitcoin (BTC) dropped by 4% before rebounding to $71,000.

Markets have started to sell-off, and Bitcoin needs to hold $70,000 for the BTC and altcoin rally to continue.

Even though the day has started bearish, most of the coins are trying to seize the initiative, according to CoinStats.

BNB Chain's MVB Season 8 in Dubai brought together Web3 innovators with expert guidance and networking opportunities, culminating in a Demo Day for global exposure.

BNB Chain has successfully completed its 29th quarterly BNB token burn, eliminating over 1.77 million BNB valued at approximately $1.07 billion, according to BNB Chain.

The BNB Foundation removed over $1 billion worth of BNB from circulation after its latest quarterly token burn.

Despite the massive number of tokens destroyed so far, the BSC network still needs to burn more than 43 million BNB to reduce the token's market supply.

Binance has burned over 1.7 million BNB tokens as a part of its quarterly burning initiative. On Nov.

The BNB Foundation has announced the completion of the 29th quarterly BNB burning by the BNB chain, with over 1.7 billion BNB tokens automatically burned for a total value of about $1.07 billion.

This week, we examine Ripple, Binance Coin, Solana, Dogecoin, and Maker in greater detail. Ripple (XRP) The week started well for XRP, but the price action turned bearish on Wednesday, closing the week with a 3% loss.

BNB Chain announces voting for the BIA winner at Binance Blockchain Week Dubai, offering participants a chance to share $1,000 in BNB rewards.

Binance Coin (BNB) has recently demonstrated a notable surge, moving closer to the $600 mark as market sentiment shifts in a positive direction. Following a lengthy bearish phase, this rally signals a potential turning point for BNB, with eyes now set on a short-term price target of $634.

BNB Chain, in collaboration with Binance Labs and CMC Labs, hosts the Most Valuable Builder (MVB) program, which is designed to identify and select projects for potential investment by Binance Labs.

Discover how BNB token enhances decentralized finance (DeFi), centralized finance (CeFi), and payment finance (PayFi) ecosystems with its diverse applications in blockchain technology.

They're proud to announce that Matchain has been selected for BNB Chain's Most Valuable Builder (MVB) Program.

BNB Chain announces 35 Web3 projects for its Most Valuable Builder Season 8, offering resources and mentorship to early-stage blockchain innovators.

BNB price corrected gains from the $612 level. The price is now showing a few bearish signs while Bitcoin and Ethereum eye additional gains.

Bitcoin's shallow pullback shows buyers are not rushing to the exit and increases the likelihood of a rebound to new all-time highs. Will altcoins follow?

BNB Chain selected 35 projects for Season 8 of the MVB Accelerator Program⁠.

The price of then native token of smart contract platform Solana, SOL, has been significantly outperforming most other digital assets over the past few weeks, to the point that it's nearly overcoming Binance's BNB to become the fourth-largest digital currency by market capitalization. According to available market data, Solana's current market capitalization stands at $84.

Bulls remain more powerful than bears, according to CoinMarketCap.

Today, bullish momentum for BNB is testing resistance at $600. Price analysis by Coinidol.com.

Binance Coin (BNB), one of the top cryptocurrencies, has seen significant price shifts in recent trading sessions, marked by both declines and attempts at recovery. The coin recently corrected from the $600 resistance zone, testing lower support levels before rebounding.

BNB trades at $598 with 164% year-to-date growth, sitting 20% below its June 2024 high of $720, while whale accumulation patterns and positive market conditions influence its price movement.