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Tag: Binance Coin (BNB)

Lucky Block NFTs set to Launch after Testing

The Lucky Block Platinum Rollers Club collection of 10,000 NFTs is set to be minted soon, once rigorous testing is complete. Initially scheduled for launch [...]

Stablecoins Now At $187 Billion, UST And USDN Volume On The Rise

stablecoins-now-at-$187-billion,-ust-and-usdn-volume-on-the-rise

There has been fast growth in the stablecoin economy, with a recent total of $187 billion, which is quite near the $200 billion thresholds. Stablecoins like Terra’s UST and Neutrino Protocol’s USDN are gaining popularity even as Tether remains the most widely used. They experienced a nearly 30% and a 44% rise in issuance in…

The post Stablecoins Now At $187 Billion, UST And USDN Volume On The Rise appeared first on Bitcoin News Miner.

Binance Coin Price Prediction 2022-2026-Will BNB Price Hit $600 by the end of 2022?

Binance

Binance Coin (BNB) is the native token of the Binance blockchain. The Binance blockchain allows developers and project owners to create decentralized applications (dApps) on it. Most of the dApps that are developed in the Binance blockchain are hosted as BEP20 tokens which are in their thousands. Presently, transactions in the tokens are carried out by using ether in buying the fees in the form of BNB which is one of the cheapest in the industry. Also, recent projects are hosted on Binance Smart Chain (BSC). What is Binance Coin (BNB)? Binance Coin is a cryptocurrency that was founded by Binance exchange CEO Changpeng Zhao in 2017. BNB was formerly hosted on the Ethereum blockchain during its launch before the migration to Binance Smart Chain in September 2020 after the launch. It raised $15 million through its public sale of 100 million BNB out of its total supply of 200 million at an initial coin offering price of $0.15. BNB investors used Bitcoin and Ethereum to purchase the token during the launch. Binance Coin (BNB) has been community-driven following the ease to build and launch tokens on Binance Smart Chain. This has enabled it to attain an all-time high price of $690.93 on May 10th, 2021 during the bullish run of some of the top 50 cryptocurrencies. The early investors who purchased BNB during its ICO are presently having a return on investment worth over $3800 per $1. Let’s see the Binance Coin price analysis for the coming years. Price Analysis of Binance Coin Flashback: Fundamental Analysis of Binance Coin Fundamental analysis has to do with ways through which news and announcements can affect the price of an asset. In the Binance crypto and exchange community, there is news that has increased the positive sentiments that investors have for it in the long term. In recent news, it was announced that Binance Smart Chain and Binance Coin would now be called “Build and Build” which denotes a better symbol for BNB and will help users who wish to create tokens that they are committed to the success of the blockchain irrespective of stiff competition they face from other competitors in the industry. When more projects are launched on the Binance blockchain, the price of BNB will continue to rise as a result of more demand to carry out transactions in the platform with it. Also, there was a release that the Binance Accelerated Burn Program has enabled it to keep burning a certain quantity of BNB every quarter depending on the total blocks produced and the gas fees released, which will be replaced with the BNB auto-burn mechanism. This will ensure a hitch-free process that can be independently verified until 50% (100 BNB) of its total supply had been burned. Now, we shall use charts to discuss the price analysis of Binance Coin (Build and Build). https://www.tradingview.com/x/kQDJkz6f/ From the link above, the relative strength index (RSI) value of Binance Coin is 48.03 which means that the present trend is weak or neutral since it lies between 30 and 50. More buyer pressure might increase the price since it is currently bullish. https://www.tradingview.com/x/MdpAiudS/ The link above represents a 1day chart of BNB/USDT using the Keltner channel that helps to know the direction of a trend. Since the present candlestick is within the middle part of the curve though bullish, the price of BNB might consolidate further before taking a direction depending on the activities of buyers or sellers. https://www.tradingview.com/x/64YrwekL/ BNB might witness a period of downtrend soon since the yellow curve in the EMA Ribbon link above is above the recently formed candlesticks. Binance Coin Price Prediction 2022 By the end of the first quarter of 2022, the price of BNB might reach $390. However, it will be within the range of $340 and $410 by the end of the second quarter of 2022. By the end of the third and fourth quarters of the year 2022, BNB prices will be within $395 to $500 and $410 to $600 respectively. Binance Coin Price Prediction 2023 The price of BNB might reach $700 by the end of the first quarter and $800 by the end of the second quarter. In the third and fourth quarters of 2023, Binance Coin prices drop to $600 and then rise to $900 respectively. Binance Coin Price Prediction 2024 The price of BNB might reach $1000 by the end of the first quarter and $1200 by the end of the second quarter. In the third and fourth quarters of 2024, BNB prices might be $1600 and $1900 respectively. Binance Coin Price Prediction 2025 The price of Binance Coin might reach $1800 by the end of the first quarter and $2000 by the end of the second quarter. In the third and fourth quarters of 2025, BNB prices … Continued

The post Binance Coin Price Prediction 2022-2026-Will BNB Price Hit $600 by the end of 2022? appeared first on Cryptoknowmics-Crypto News and Media Platform.

Yellen’s Positive Remarks About Biden’s Crypto EO Push Bitcoin Past $41,000

yellen’s-positive-remarks-about-biden’s-crypto-eo-push-bitcoin-past-$41,000

It only took an unintentionally flattering remark from a high-ranking US official to propel Bitcoin above the $41,000 level. Bitcoin (BTC) advanced early on Wednesday, boosting the entire crypto market, as US Treasury Secretary Janet Yellen’s inadvertently disclosed remarks indicated that US President Joe Biden’s long-awaited crypto directive will take a constructive approach to regulating…

The post Yellen’s Positive Remarks About Biden’s Crypto EO Push Bitcoin Past $41,000 appeared first on Bitcoin News Miner.

New Week New Hurdles: Top 3 Altcoins to Watch This Week


An overview of the top three coins to watch for this week, including Binance Coin, LooksRare, and Terra. (Read More)

Adult Content Platform Onlyfans Launches NFT Profile Picture Feature


Online adult content subscription platform OnlyFans has launched a feature for users to display verified NFTs as profile pictures. (Read More)

Qubit Finance Suffers $80M Hack With xETH Minting Scheme

Qubit FinanceQubit Finance suffered a loss of 206,809 BNB due to a hack. The hackers intend to create a big amount ...

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Binance Coin Price Is In Tight Consolidation, Threatens Rejection at $400 High

In the past week, the price of Binance Coin (BNB) moved in a range. After the downward impulse on January 22, the cryptocurrency reached a low of $339.

Binance Coin, Polkadot, Ethereum Classic Price Analysis: 23 January

While the past 48 hours have been rather detrimental to the market sentiment, Binance Coin flipped the $414-mark from support to resistance. Polkadot and Ethereum Classic plunged toward their multi-month low levels and lost crucial support points. All these cryptos still struggled to ramp up their volumes at increasing prices. Binance Coin (BNB) The alt […]

Over $1,142,000,000 in Crypto Liquidated in Just 24 Hours As Bitcoin Trades Below $40,000, According to Coinglass

Crypto futures trading information platform Coinglass says that over a billion dollars worth of crypto has been liquidated over the past 24 hours as Bitcoin (BTC) now trades below $40,000. According to the Coinglass liquidation data, over 213,000 traders were liquidated over the last day at a combined value of over $1.14 billion. Bitcoin leads […]

The post Over $1,142,000,000 in Crypto Liquidated in Just 24 Hours As Bitcoin Trades Below $40,000, According to Coinglass appeared first on The Daily Hodl.

Crypto Market Crashes as Bitcoin (BTC) Price Plummets to $38k Level

Bitcoin (BTC) PriceThe Crypto market enters a deep bearish position today. Bitcoin (BTC) price dropped drastically to $38k as a result of ...

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Crypto Mayhem Grips Markets, $230 Billion Decimated In Massive Red Friday Selloff

It is crypto mayhem as markets dump $230 Billion in Massive Red Friday Selloff. The crypto markets saw a massive 11% chiseling off of its values in the past 12 hours. The Bloomberg crypto suggests that BITCOIN(BTC) could be reaching its bottom, but angry responders have come down heavily on Bloomberg and accused them of

The post Crypto Mayhem Grips Markets, $230 Billion Decimated In Massive Red Friday Selloff appeared first on CoinGape.

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