Loading...

WEEKLY CRYPTO PRICE ANALYSIS: BTC, ETH, BNB, SOL, XRP, ADA, And DOGE

Weekly crypto price analysis

Weekly crypto price analysis for major tokens such as Bitcoin( BTC),  Ethereum (ETH), Binance(BNB), Solana(SOL), XRP, Cardano(ADA), and Dogecoin(DOGE shows a promising outlook for the market. Most digital assets display positive momentum and challenging resistance levels, with slight correction over the past 24-hours. Leading the pack, Bitcoin (BTC) has successfully maintained its position above the […]

BNB price reacts positively to surge in DEX trading volume

BNB

Binance’s decentralized exchange (DEX) volumes have shown a remarkable surge, potentially surpassing Ethereum’s. This surge could signal a significant shift in the landscape of decentralized finance (DeFi) and may have implications for the value of Binance Coin (BNB) in the coming days. BNB surpasses Ethereum: DEX volumes surge Over the past few days, DEX volumes […]

Top 5 Coins Poised to Hit ATH in The Next Coming Bullish Run 

Top 5 Coins Poised to Hit ATH in The Next Coming Bullish Run

The recent surge in the cryptocurrency market has spotlighted several standout coins, showcasing significant growth potential, with coins poised to hit ATH, indicating a bullish forecast for these assets. Notably, Binance Coin (BNB), Theta Network (THETA), Fantom (FTM), and Fetch.ai (FET), along with the innovative blockchain platform Solana (SOL), are on the brink of achieving […]

BNB price surges 62% in 30 days: Can the rally be sustained?

BNB

Binance Coin (BNB) has experienced a significant surge in price, climbing by 62% over the past 30 days. After reaching its highest level in two years on March 8, hitting $489.50, BNB’s price now stands at $485. This surge solidifies BNB’s position as the third-largest cryptocurrency by market capitalization, excluding stablecoins. Market dynamics and BNB’s […]

Bitcoin who? Ethereum and Binance Coin lead market surge this week

Bitcoin

Bitcoin, the pioneering crypto, has long been the focal point of the digital asset market. However, recent market dynamics have seen a shift in attention towards alternative cryptocurrencies, notably Ethereum and Binance Coin. Despite Bitcoin’s decline of 2.8% in the past week, Ethereum and Binance Coin have surged in prominence.  Ethereum, with its versatile ecosystem […]

BNB’s bullish trend persists, buoyed by Binance’s strategy

BNB

Binance Coin (BNB), the native token of the Binance cryptocurrency exchange, has experienced a remarkable surge of over 7% within the past 24 hours. This surge in price comes in the wake of an announcement made by Binance regarding the burning of significant amounts of BUSD and TUSD B-tokens, with corresponding releases of tokens used […]

Changpeng Zhao’s legal team challenges U.S. motion to restrict travel

Changpeng Zhao's legal team challenges U.S. motion to restrict travel

The legal defense team of Changpeng Zhao, former CEO of Binance, has mounted a robust argument against a motion seeking to restrict his movement to the United States. This motion, filed by prosecutors, aims to keep Zhao in the U.S. until his sentencing in February next year. The unfolding legal drama encapsulates a crucial debate […]

Why is Binance’s BNB and Bitcoin up today? Bulls be ready

BNB

Binance’s native crypto, BNB, rose 6.55% to $ 262.73 on reports of prospective settlement discussions between Binance Holdings Ltd. and the US Justice Department. This increase in value, which represents a three-month high, shows market optimism as Binance potentially gets closer to addressing long-standing regulatory issues.  BNB hits a 90-day high According to Bloomberg, Binance […]

Binance debuts BNB safe{wallet} for enhanced security

Binance, a prominent figure in the cryptocurrency arena, has recently fortified its user security measures by launching the BNB Safe{Wallet}. This novel multi-signature wallet, integral to the safety of digital assets, employs the Gnosis Safe Protocol’s robust framework. Available on Binance Smart Chain (BSC) and opBNB, the wallet marks a significant enhancement in how users […]

Binance completes 25th BNB burn, eliminates $450M worth of tokens

Binance, the renowned cryptocurrency exchange, marked another milestone by completing its 25th quarterly BNB token burn. The latest event removed 2.13 million BNB, worth approximately $450 million, from circulation. This move aligns with the company’s consistent strategy to enhance the scarcity and, theoretically, the value of its native token. In past quarters, Binance’s commitment to […]

CZ Binance defends $3 million BNB donation after Morocco earthquake

JasperArt 2023 09 18 18.22.24 upscaled

After the devastating earthquake in Morocco, Binance Charity has stepped up, pledging a significant $3 million in Binance Coin (BNB). This move, however, has sparked a whirlwind of discussions and debates in the humanitarian sector. Significantly, critics have labeled this gesture as a mere PR stunt. They argue that essentials like food and water should […]

Binance Japan unveils 34 tokens, including BNB, marks official re-entry into market

Binance

Binance, the globally renowned cryptocurrency exchange, has marked its return to the Japanese market by launching Binance Japan K.K., its local subsidiary. The announcement comes after two years since the exchange received a warning from the Japanese financial regulator for failing to comply with registration requirements. Binance Japan K.K. is heralding a new era in […]

BNB auto-burn: Binance’s 24th quarterly burn eliminates $44.61 million worth of tokens

Binance burns 16 million BNB worth of BNB tokens; transitions from the ERC20 token version of BNB to the BEP2 token

Binance, one of the leading cryptocurrency exchanges, has completed its 24th quarterly burn of its native BNB coins. This strategic move was executed through the BNB Automatic Burn mechanism, aimed at reducing the overall circulating quantity of BNB tokens and increasing their potential value. The burn event witnessed the permanent destruction of 1.99 million BNB […]

 BNB Beacon Chain’s new feature to ‘halt’ Crypto transactions

BNB

In an upcoming hard fork, the BNB Beacon Chain mainnet, operated by Binance, is set to introduce a new feature that allows the blockchain to halt the production of new blocks under specific conditions. The upgrade, named “ZhangHeng,” is scheduled to occur at block height 328,088,888, which is estimated to take place on July 19, […]

Is Changpeng Zhao really using subterfuge to defend BNB?

Changpeng Zhao binance

The world of cryptocurrencies is no stranger to whispers, controversy, and conjecture. Recently, the community has been abuzz with claims regarding Binance’s Changpeng Zhao, better known as ‘Zhao’, and the protection of his digital brainchild, the Binance Coin (BNB). Accusations range from the alleged manipulation of market dynamics to defend BNB from price plummets, to […]

BUSD liquidity crisis: major whales divest holdings amidst regulatory challenge

Binance burns 16 million BNB worth of BNB tokens; transitions from the ERC20 token version of BNB to the BEP2 token

The stablecoin market is currently undergoing a significant shift as major whales divest their holdings of Binance USD (BUSD) tokens amid a liquidity crisis. This trend has been prompted by the absence of new BUSD supply being introduced into circulation, combined with a sharp drop in circulating supply following Paxos‘ receipt of a Wells Notice […]

LaunchZone hack: Over $700k drained from DeFi protocol in massive exploit

Arbitrum airdrop: $500K Tokens Stolen Through Hacked Vanity Addresses

On February 27, the BNB Chain-based decentralized finance (DeFi) protocol LaunchZone lost $700,000 worth of funds in a suspected exploit attack. In response to this event, the project advised its 44,000 Telegram channel members not to buy tokens until further information was gathered. The native token LaunchZone (LZ), which was swapped out of the protocol’s […]

Six key takeaways from the BNB Chain Tech Roadmap 2023

BNB Chain Tech Roadmap 2023

In a recent blog post, BNB Chain unveiled a comprehensive technical roadmap to bolster its network decentralization, infrastructure for sidechains, and storage network to augment performance and efficiency this year. These are the six vital takeaways from the BNB Chain Tech Roadmap 2023. Scalability— the long-term goal One of the main impediments of blockchain technology […]

What are the Important Historical Events for BNB Since its Launch?

BNB

Binance Coin, or BNB for short, is one of the most widely recognized cryptocurrencies in the world. As the native token of the Binance ecosystem, BNB has played an important role in the growth of Binance, which is currently one of the largest cryptocurrency exchanges in the world. Understanding the historical events of BNB is […]

Cryptopolitan
Subscribe to CryptoPolitan