Bitcoin and altcoins are witnessing end-of-month volatility, but traders remain upbeat about October due to the crypto market's history of strong performance in Q4.
Binance Coin (BNB), the fourth-largest crypto currency by market capitalization, is currently experiencing a significant market movement, largely driven by the recent release of former Binance CEO Changpeng Zhao (CZ) after a four-month detention related to U.S. money laundering allegations. This development a surge in BNB's price, but it was accompanied by a spike in liquidations, resulting in an immediate local reversal across many BNB trading pairs.
BNB has seen a decline over the past week, dropping by 2.53% in 24 hours.
Memecoin-related tools are helping the crypto industry cater to more mainstream users than other crypto uses, according to B, a Floki core developer.
Amid an ongoing price correction across the cryptocurrency landscape, Binance Coin (BNB) is set for a significant price decline as its daily chart flashes a bearish signal. This signal for BNB suggests that history may repeat itself once again.
BNB‘s recent rally appears to be losing steam, as the price has dipped below the crucial $600 mark. After a strong upward surge that reignited bullish sentiment, the momentum is now showing signs of cooling off.
After his release from prison custody, Binance co-founder Changpeng Zhao (CZ) announced plans to continue investing in blockchain, artificial intelligence, and biotechnology.
Following the last week of upside, Bitcoin (BTC) along with the broader crypto market has come under selling pressure in the early trading hours on Monday. The BTC price is down 1.97% trading at $64,536 levels as the Japanese Nikkei 225 index slides nearly 5% today.
BNB may correct before surging higher, offering potential 40% return opportunity.
BNB is way below its all-time high when charted against Bitcoin, but that could soon change.
Some coins have returned to the red zone at the end of the week, according to CoinMarketCap.
BNB price dropped 0.75% during a low-volatility Sunday, currently trading at $597. Like many major altcoins, this bearish pullback likely signals a brief cooling period for buyers to regain bullish momentum.
The release of Binance CEO Changpeng Zhao (CZ) could signal positive developments for the BNB token and the wider BNB Chain ecosystem.
The price of Binance coin or BNB (BNB) has been fluctuating since reaching the $619 price target.
The 3-month liquidation heatmap showed that a bearish reversal from above the range high was likely.
Binance Coin (BNB) is currently gaining attention due to some encouraging technical developments. Recent indicators suggest that BNB could be on a path toward a price of $700.
October has historically been a bullish month for altcoins and cryptocurrencies in general. With great momentum building, fueled by increasing demand and favorable market conditions, several altcoins are also inching closer to breaking their previous all-time highs.
The BNB price has turned bullish for weeks now, but it is still far from its ATH of $720. Even then, it had an unexpected rally, boosting this Binance Coin price when the rest of the market failed.
BNB has been steadily climbing in the past few days and sit above $600 now.
Changpeng Zhao (CZ) was released from California's Lompoc II detention center on Friday, a low-security prison on the central coast of California. The Binance founder and former CEO completed his four-month sentence, going free two days earlier than the official release date on grounds of weekend policy.
CZ's return to social media boosts market confidence, highlighting the significant influence of key figures on cryptocurrency sentiment and prices. The post Bitcoin and BNB see gains up to 3% as CZ makes first tweet post-release appeared first on Crypto Briefing.
Binance Coin (BNB), currently the fourth-largest cryptocurrency by market capitalization, is showing signs that it may be losing bullish momentum. Recent technical analysis points to a bearish trend that could lead to a potential decline of 20%, bringing BNB down to approximately $480.
Former Binance CEO Changpeng “CZ” Zhao was released from prison on Friday after serving 118 days of his four-month sentence.
Many traders believe Changpeng Zhao's release will send BNB price into the $700 to $1,000 range, but does BNB Chain activity support this view?
Bitcoin's break above $65,000 and solid buying in-the-spot BTC ETFs have traders convinced that the bull market is back in full swing.
Ripple (XRP) price consolidated below $0.59 over the past week, key indicators show bull traders deploying higher leverage to front-run a potential $0.65 breakout.
Binance Coin (BNB), the world's fourth-biggest cryptocurrency is now poised for a significant upside rally as Changpeng Zhao the former CEO and founder of Binance has been released from jail. Since CZ's imprisonment, BNB has struggled and experienced a long consolidation.
BNB Chain introduces innovative programs to boost stablecoin integration and adoption, aiming to onboard the next billion Web3 users.
Binance Coin price continued its strong comeback, driven by rising volumes in its decentralized exchanges, higher non-fungible token sales, anticipation of Changpeng Zhao's release, and positive technicals.
Floki (CRYPTO: FLOKI) has entered into a partnership with GraFun, new meme coin launchpad set to debut on the Binance Smart Chain (CRYPTO: BNB). What Happened: The platform, which follows similar models on other blockchains, aims to facilitate the creation and launch of meme coins within the BNB ecosystem.
The prices of most of the cryptocurrencies keep growing, according to CoinMarketCap.
Binance Coin (BNB) could be poised for a major rally amid rising speculation around the early release of former Binance CEO, Changpeng Zhao (CZ). As news of CZ's impending release circulates, BNB has seen a sharp increase in value over the past few weeks.
Floki and the BNB chain are set to debut the meme coin launchpad GraFun. The launchpad is similar to Solana's Pumpfun and Tron's Sunpump.
An innovative launchpad with a new bonding curve that does not favor the first buyers.
GraFun, a next-generation meme coin launchpad on BNB Chain, is launching officially after achieving a significant feat of amassing 3.8 million on-chain registrations, per the latest information shared with Finbold on September 27.
FLOKI tokens could see a price jump as the project's closeness to GraFun boosts its fundamentals.
BNB approaches all-time high as Changpeng Zhao's release nears, with bullish indicators and increased buying activity suggesting potential for further growth.
GraFun's Fair Curve mechanism aims to deter bot activity and support steady growth for meme coins, offering a more transparent and stable system for all participants.
Amid the gradual crypto recovery led by Bitcoin (BTC) and some meme coins, Binance Coin (BNB) has attempted a bullish breakout from a multi-week consolidation. The large-cap altcoin, with a fully diluted valuation of about $87 billion and a daily average traded volume of around $1.
BNB rises on CZ's release news, signaling bullish momentum for Q4.
Despite the regulatory hurdles, the Binance (BNB) coin has remained the fourth largest crypto project with a market cap of over $88 billion.
BNB's crossover suggests that the short-term momentum is gaining strength, compared to the long-term momentum.
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.