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.
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.
Binance founder and former CEO Changpeng Zhao (CZ) is set for imminent release, confirmed by the US Federal Bureau of Prisons (BOP).
Bitcoin is at a critical juncture, and analysts are divided about the potential impact of interest rate cuts on the market's direction.
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.
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.
Let's have a brief overview of the price action for BNB, SOL, and ADA and see what's next for these popular altcoins.
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.
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.