Altcoin Watch
BNB price rallied by more than 20% in the last 24 hours due to several key reasons.
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Binance Coin News
Binance Сoin (BNB) is a cryptocurrency designed by the eponymous cryptocurrency exchange. Based on the ERC-20 standard, Binance Coin was established with the Ethereum technologies. The Binance Coin market cap is one of the largest on the market and the largest among the ERC-based tokens with over 1,3 billion dollars at the time of writing this article. BNB was developed to become a trading tool on the Binance cryptocurrency exchange. BNB-based transactions are subsidized by the exchange making the coin more attractive to use within it. Due to the large trading volume of Binance and its effective strategy on the new asset, Binance Coin was fast to become a major part of the industry. BNB price is supported by the large number of businesses accepting the coin as a form of payment.
- Price Analysis
Bitcoin’s weakness and Dogecoin’s epic pump are signals that the market could be overheating and in need of a short-term correction.
69891 - Market Analysis
Binance burned $600 million worth of BNB in Q1 2021, which means Binance possibly made over $750 million in profit.
23900 - Price Analysis
Today's Coinbase (COIN) listing is likely to remain a focal point that will dictate the short-term price action in Bitcoin and altcoins.
95569 - Price Analysis
Altcoins continue to press higher while Bitcoin bulls work on holding the $60,000 level as support.
89324 - Market Analysis
Binance Coin, the native cryptocurrency of Binance Chain, has been surging with a massive uptick in transaction volume.
50749 - Markets News
It’s a sea of green across cryptocurrency on Monday as all-time highs come back within reach for Bitcoin.
44055 - News
With Binance Chain’s 11 validators hand-selecting Binance Smart Chain’s validators daily, analysts are warning of the protocol’s centralization.
15198 - Market Analysis
To date, Binance Coin has rallied 900%, which makes the token’s $64 billion market cap larger than Santander, the Bank of Montreal and UBS.
50029 - Price Analysis
The rally in Bitcoin and select altcoins seems to have hit a wall as bears continue to aggressively push back at key overhead resistance levels.
80102 - Altcoin Watch
Binance Coin, WazirX and KuCoin Token have notched double-digit gains after centralized exchanges added lucrative staking opportunities and quickly listed new DeFi tokens.
35145 - Price Analysis
Altcoins retraced to key lower support levels after Bitcoin price dropped below $56,000, but will traders view the dip as a buying opportunity?
60182 - Price Analysis
Bitcoin and most major altcoins have bounced off their immediate support levels, indicating an increase in bullish sentiment.
60493 - Price Analysis
The bullish price action from ETH, BNB, DOT and EOS show that altcoins have capitalized on Bitcoin’s range-bound trading below the $60,000 level.
70027 - Price Analysis
Select altcoins could rally higher if Bitcoin and Ethereum hold on to their recent gains.
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