Binance Coin (BNB) has found itself in a precarious position recently, hovering around $696.40 after experiencing a significant 4.58% decline over the past two days. This downturn comes despite BNB's relatively strong performance earlier, highlighting potential underlying weaknesses in its price action.
Gelephu Mindfulness City, Bhutan's Special Administration Region, has revealed plans to include Bitcoin (BTC), Ethereum (ETH), and BNB in its strategic reserves.
BNB shows signs of recovery as price stabilizes above $675 support, with technical indicators suggesting potential upward movement toward $710 and $725 resistance levels.
A special administrative region in Bhutan announced on Wednesday that it will hold Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and BNB Coin (CRYPTO: BNB) as part of its strategic reserve. What happened: Gelephu Mindfulness City, situated in the south-central part of the Himalayan nation, said in a statement that they opted for cryptocurrencies with large capitalizations to ensure ease of trading and to avoid liquidity risks.
The latest price analysis by Coinidol.com report, the price of Binance Coin (BNB) is holding above the 21-day SMA support and below the $745 resistance level.
Bitcoin's sell-off shows no signs of forming a bottom, which is destroying traders' appetite for altcoins.
Bhutan's Gelephu Mindfulness City pioneers adoption of digital asset strategic reserves. The city plans to set up an advisory panel on digital assets for GMC.
Bhutan is already heavily invested in bitcoin through its hydroelectric-powered mining operations, holding 12,211 BTC ($1.2 billion).
Gelephu Mindfulness City (GMC), a Special Administrative Region (SAR) in Bhutan, has incorporated digital assets like Bitcoin (BTC), Ether (ETH), and Binance Coin (BNB) into its strategic reserves.
Bhutan's Gelephu Mindfulness City (GMC) has unveiled plans to include Bitcoin, Ethereum, and BNB in its strategic reserve assets, according to a Jan. 8 statement. This decision marks a significant milestone as GMC becomes one of the first Special Administrative Regions (SARs) to incorporate digital assets into its reserves.
Bhutan's Gelephu Mindfulness City has become one of the first jurisdictions to officially include digital assets in its reserves. The post Bhutan's ‘Mindfulness City' Includes BNB, BTC, ETH in its Strategic Reserves appeared first on Cryptonews.
Bhutan plans to include Bitcoin (BTC), Ethereum (ETH), and BNB in its strategic reserves. Bhutan's mining is expected to create three to five bitcoins each day.
Changpeng Zhao, widely known to the community simply as CZ, a co-founder and former CEO of the world's largest cryptocurrency exchange Binance, has made an announcement that BNB has reached a whole new level of adoption.
Bhutan's newest region is adding Bitcoin, Ethereum, and Binance Coin to its reserves as part of its new economic strategy.
Bhutan's Gelephu Mindfulness City (GMC) on Wednesday announced its decision to broaden its crypto adoption plan. Bhutan's new special administration region will hold Bitcoin (BTC), Ethereum (ETH), Binance's BNB, and other digital assets in the city's strategic reserves.
Latest updates on BNB, TIA, and ONDO coins.
The crypto industry maintains its upbeat bias, with Bitcoin stuck above $101,000, and the crypto fear and greed index moving to the green zone. Binance Coin has also done well, with its price remaining above $700.
The Binance coin (BNB) maintained a steady uptrend this week, remaining above the important resistance level at $700. It has been one of the best-performing cryptocurrencies as it moved from less than $2 a few years ago to $730 today. Here are the four main reasons why the BNB price will rise to $1,000 soon.
Sustained buying by institutional investors pushed Bitcoin above $100,000, opening the doors for a retest of the all-time high.
Most of the coins keep trading in the green zone, according to CoinMarketCap.
The Solv Protocol (SOLV) Megadrop will run from January 7, 2025, at 00:00 UTC, to January 16, 2025, at 23:59 UTC.
Strong bullish sentiment drives BNB toward $722 resistance, with traders anticipating a breakout.
Binance Coin (BNB) has been one of the most talked-about cryptocurrencies in recent years, thanks to its association with the world's largest cryptocurrency exchange, Binance. In 2024, BNB reached an all-time high (ATH) of $793.35, marking significant growth.
Solana's price surges past $216, driven by $55M in large transactions and ETF speculation. Analysts forecast potential highs of $400 in 2025. The post Solana Flips Binance Coin in Market Cap: Where Can the Price Go appeared first on Cryptonews.
Solana's bullish momentum could challenge XRP's market position. Will SOL secure a stronger foothold?
Bitcoin price looks on track to reclaim the $100,000 level. Are altcoins set to follow?
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) Ethereum's rally was cut short in December when sellers quickly returned as soon as the price moved above $4,000.
Explore the latest projects on BNB Chain, featuring innovations in gaming, DeFi, AI, and Web3. Discover new platforms like Ballies, Coinfair, and Gameland.
Most of the coins have returned to the green zone today, according to CoinStats.
The latest price analysis by Coinidol.com report, Binance Coin (BNB) price has rallied above the 21-day SMA support, although the bears are contesting the price above this level.
Bitcoin is holding above $90,000, signaling the possibility of a move back toward $100,000 in the next few days.
The Binance Coin price held steady above $700, as a unique chart pattern pointed to more gains, potentially to $1,155 in the near term. Binance Coin (BNB) was trading at $707 on Jan.
BNB is trading at approximately $702, fueling interest among investors about its potential for future growth. With a broad range of applications and continuous innovation on the Binance platform, BNB's future looks promising.
THENA secures strategic investment from Binance Labs to drive DeFi innovation. THENA (THE), a decentralized exchange and liquidity mechanism on the BNB Chain, has secured investment from Binance Labs, the venture financing and incubator arm of Binance.
Bitcoin needs to find support in the $90,000 to $85,000 range in order for altcoins to recover and find new buyers.
Bears remain more powerful than bulls at the beginning of the week, according to CoinMarketCap.
The Binance Megadrop will distribute 588 million SOLV tokens, which is about 7% of the genesis total supply and 6.09% of the maximum token supply.
A bearish chart pattern could send Bitcoin price to $76,000. What will BNB, AAVE, XMR and VIRTUAL do in the meantime?
The anticipated altcoin season (altseason) may take a pause before its next boom.
Bitcoin's repeated failure to cross above $100,000 increases the risk of a drop under $90,000.
Head of DWF Labs Andrei Grachev calls for memecoins on BNB Chain for the DWF Meme Fund. DWF Meme Fund was launched in November this year to support chain-agnostic memecoin projects.
The latest price analysis by Coinidol.com report, Binance Coin (BNB) price had already dipped below the moving average lines but the bulls bought the dips on Dec. 20.
Binance Coin (BNB), the utility token powering the Binance ecosystem, has recently gained traction following a breakout from a critical technical pattern. At press time, BNB is trading at $712.51, marking a 1.24% increase over the past day.
BNB's breakout sparks optimism, but sustaining momentum hinges on key resistance and activity growth.
Bitcoin's recovery shows solid buying at lower levels, increasing the possibility of a break above $100,000 in the short term.
The price of BNB and HBAR gained traction while the general market moved sideways, but the price action is still giving mixed signals over whether or not this is the start of a new uptrend.
BNB appears to have captured traders' interest as buying activity gains momentum.