Tag: bnb
Bearish Pressure Mounts on Binance (BNB) Coin: A Breakdown Imminent?
Binance Coin (BNB) is currently trading around its 50-day SMA and heading towards its 20-day EMA, suggesting potential bearish pressure. However, bullish indicators like the[continue...]
Will Binance’s Token Burn Propel BNB Past $600?
Binance has recently burned 1.64 million BNB tokens to reduce supply and potentially increase value, but BNB has faced resistance near the $600 mark. With[continue...]
Massive Binance(BNB) Burn: 1.6 Million Tokens Worth $971M Destroyed
The BNB Foundation has conducted its 28th quarterly token burn, eliminating 1.6 million BNB worth $971 million to reduce supply and potentially increase value. Despite[continue...]
Binance’s Massive Burn: Over 1.6 Million BNB Tokens Incinerated in Latest Update
Binance has completed its 28th quarterly BNB token burn, destroying over $971 million worth of tokens. This event has led to a 25% increase in[continue...]
Binance (BNB) Traders Open Shorts as Bitcoin Faces Bearish Sentiment
Bitcoin faces a bearish outlook as $1.12 billion in options expire and Binance traders open new short positions. Despite this, substantial institutional inflows into Bitcoin[continue...]
Binance Coin’s Path to $700: Insights from Elliott Waves
Explore Binance Coin's recent price movements through Elliott Wave Theory, highlighting deceptive market patterns and potential for a rally above $700. Understand how technical analysis[continue...]
Binance’s Role in Terra Luna Classic: USTC Revival and LUNC Stability
Binance's active role in Terra Luna Classic includes burning over 62 billion LUNC tokens and potentially supporting a revival plan for USTC, sparking optimism among[continue...]
Binance at Seven: Leading the Charge in Crypto
Binance, the world's largest cryptocurrency exchange, marks its seventh anniversary with celebrations and reflections on its leadership in the digital asset sector. With over 210[continue...]
Dogecoin’s (DOGE) Price Plunge: Whale Dump Triggers Market Fears
A large Dogecoin holder dumped 400 million coins on Binance, causing the price to drop below $0.1. Market sentiment turned bearish amid concerns over future[continue...]
Binance (BNB) Shifts Strategy in Turkey Amid Regulatory Pressures
Binance is phasing out its Turkish-language option and suspending direct marketing in Turkey to comply with local regulations, ensuring deposit and withdrawal functions remain unaffected.[continue...]