Crypto Trader Makes $1.6 Million in One Hour Flipping Little-Known Token

A cryptocurrency trader has managed to make over $1.6 million in less than an hour by trading a little-known cryptocurrency shortly after it opened for trading, in yet another case in which traders believed to be developers behind projects take advantage of initial price surges. According to on-chain analysis service Lookonchain, the trader spend just […]

Celsius Network Dumps Various Altcoins on Exchanges Including $LINK, $BNB, and $ZRX

Bankrupt cryptocurrency lending platform Celsius Network has started divesting of a signficnat amount of altcoins, at a time in which it faces managerial unrest after its former CEO, Alex Mashinsky, was arrested over a slew of federal charges. According to data from on-chain analytics service Lookonchain, Celsius Network has embarked on a massive sale of […]

Massive Crypto Whale Deposits $35 Million in $BNB to Likely Participate in New Token Sale

A massive cryptocurrency whale has recently deposited roughly $35 million worth of the BNB Chain’s native token, which is used by Binance as part of its promotional offerings and a key part of the exchange’s ecosystem, to likely take advantage of a new token sale. According to data reported on by popular on-chain analysis service […]

BNB Price Analysis Shows Open Interest Rising After $220 Support Level Holds

In a time of intensifying regulatory scrutiny, Binance Coin ($BNB), is nativating turbulent waters, after both Binance and Coinbase were sued by the U.S. Securities and Exchange Commission (SEC). The lawsuits put significant pressure on BNB’s price performance. Binance was sued by the SEC earlier this month, with the regulator accusing the exchange of unlawful […]

BNB (BNB/USD) Price Analysis – 17 June 2023

Introduction This report provides a comprehensive analysis of BNB’s (BNB) price dynamics, covering technical indicators and moving averages. Price and Volume Overview As of 4:41 p.m. UTC on 17 June 2023, on Binance, the price of BNB is $244.00, which is an increase of $5.30 (+2.22%) from the previous close. The volume of BNB traded […]

BNB (BNB/USD) Price Analysis for 11 June 2023: A ‘Strong Buy’ Signal in the Short Term

Introduction This report provides a comprehensive analysis of BNB’s price dynamics on Binance, covering technical indicators, moving averages, pivot points, and more. Price and Volume Snapshot At the time of the report, BNB was priced at $239.20, experiencing a decrease of $21.90 (-8.39%) compared to the previous period. The snapshot was taken at 00:28:34 BST, […]

Binance CEO Reflects on Bitcoin, Ethereum, and BNB Price History, Emphasizes Long-term Potential

On Saturday, March 25, Binance Co-Founder and CEO Changpeng Zhao (CZ) took to Twitter to share intriguing insights into the historical price performance of Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). CZ’s tweets highlighted the impressive growth of these cryptocurrencies over the years and shed light on their varying market caps. In his first […]

Crypto Strategist Called 2018’s Market Bottom Warns $ETH and $BNB Are Showing Bearish Signals

A popular cryptocurrency strategist who accurately predicted the 2018 bear market bottom at around $3,200 months before it occurred, has cautioned his followers that both Ethereum ($ETH) and $BNB, two major cryptocurrencies, are showing bearish signals. The pseudonymous strategist, who goes by Smart Contracter on the microblogging platform Twitter, has said Ethereum’s price chart shows […]

Binance Burns Over $600 Million in $BNB in Latest Quarterly Burn

Leading cryptocurrency exchange Binance has announced that its latest quarterly $BNB token burn has seen it destroy more than 2.06 million tokens, worth over $600 million at the time of writing. According to Binance’s announcement, a total of 2,064,494.32 BNB were burned in a transaction, with a total of 7,181.03 tokens being burned from the […]

$BNB Chain Surpasses Ethereum ($ETH) in Unique Addresses as Daily Active Users Soar

The Build and Build ($BNB) Chain has seen its number of unique addresses on the blockchain grow to the point that the network now surpasses the second-largest cryptocurrency by market capitalization, Ethereum ($ETH), by that metric. In a message shared by the BNB Chain’s developers, they claim to be the “largest layer-1 blockchain in the […]

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