Binance Coin long-term Price Analysis: 12 August

Binance Coin, the exchange token of the popular exchange Binance, has done well in the last 24 hours.

Price Analysis 8/12: BTC, ETH, XRP, LINK, BCH, BSV, LTC, ADA, XTZ, BNB

As Bitcoin price slowly regains momentum, many altcoins have been rewarding traders by rallying to new all-time highs. On August 11 MicroStrategy, the world’s largest publicly traded business intelligence company, announced that it had ditched fiat currency and built its primary treasury reserve with Bitcoin (BTC).  The company’s CEO Michael J.

Price Analysis 8/10: BTC, ETH, XRP, BCH, LINK, BSV, LTC, ADA, BNB, CRO

Bitcoin price continues to decline at $12,000, but altcoins have taken advantage of the range bound action by rallying higher. Traders prefer to trade a trending market as it generally moves in one direction and the retracements offer low-risk entry opportunities.

Kava Labs Partners with BNB48 Club to Raise BNB DeFi Awareness

Kava Labs partners with BNB48 Club to raise awareness of BNB DeFi opportunities. Kava Labs announced a new collaboration with the BNB investor club - BNB48.  The popular platform added in a press release that under the agreement, BNB48 will act as a technical advisor for the Kava community and provide services such as professional product reviews and technical consulting services for Kava's Chinese validators, staking users, and lending platform users. From its part, Kava Labs will work with the BNB48 Club to raise awareness of BNB DeFi opportunities and assist BNB48 Club to increase its community members participating in DeFi.

Price Analysis 8/7: BTC, ETH, XRP, BCH, BSV, LTC, ADA, LINK, BNB, CRO

Bitcoin and altcoins might consolidate or correct marginally for a few days before a possible breakout to the upside. The United States Federal Reserve has been contemplating a change in the way it responds to a possible increase in inflation.

Bitcoin Price Continues Rally, Positive Sentiment Is Off the Charts

Since late July, positive tweets about Bitcoin have increased substantially, signifying growing interest in its price. In the past couple of weeks, the Bitcoin (BTC) price has resurged after months of apparent monetary stagnation.

Binance Coin short-term Price Analysis: 7 August

As far as exchange tokens go, Binance Coin is the top-dog, but among the top-coins in the market, not so much.

Travala Adds 1 Million More Holiday Homes You Can Book With Crypto

Travala.com now offers a total of 3 million accommodation options users can book with cryptocurrency. Online travel booking platform Travala.com has added one million new homes across 195 countries to its site with the release of a designated home bookings section called ‘Homes’. Holiday homes and apartments can be booked with over 30 different cryptocurrencies including Bitcoin (BTC), Ether (ETH), Binance Coin (BNB), and Travala.com’s native coin AVA. Travala.com’s new Homes booking section.

Price Analysis 8/5: BTC, ETH, XRP, BCH, BSV, LTC, ADA, BNB, LINK, CRO

If Bitcoin can reclaim the $12,200 level, several altcoins are likely to resume their uptrend. Square’s Cash App product has generated $875 million in revenue from Bitcoin (BTC) trading in the second quarter of this year.

Binance’s BNB Hits 5-Month High on $3M IEO Announcement; What’s Next?

BNB, the native token of Binance crypto exchange, extended its rally on Wednesday to hit its five-month high.

Price Analysis 8/3: BTC, ETH, XRP, BCH, BSV, LTC, ADA, CRO, BNB, LINK

The strong recovery in Bitcoin and altcoins from their weekend lows suggests that the traders are aggressively buying each dip. August 2 the total crypto market capitalization dropped from about $359 billion to $310 billion within a few minutes of Bitcoin (BTC) price surging above the $12K mark.  A fall of such magnitude usually drives away the bulls or at least keeps them at bay until the market stabilizes, but that is not what happened.  The bulls aggressively purchased the dips, which led to a sharp recovery, suggesting that the sentiment is bullish and traders expect the rally to continue in the next few days. Daily cryptocurrency market performance.

Binance Coin Up 20% on DeFi IEO Hype; Pullback Ahead?

Binance’s native token BNB surged by more than 20 percent after its CEO Changpeng Zhao announced his plans to launch an in-house decentralized finance product.

Decred, Binance Coin, Tezos Price Analysis: 01 August

As is often the case, Bitcoin's latest price hike had a profound effect on the rest of the crypto-market, with many altcoins following BTC's lead and recording gains of their own.

Price Analysis 7/31: BTC, ETH, XRP, BCH, BSV, LTC, ADA,CRO, BNB, EOS

Bitcoin finally broke through the $11.2K resistance and Ethereum’s continued strength is likely to pull several altcoin prices higher. Economists are divided on the consequences of record low interest rates across the globe and the incessant money printing by the central banks.

Binance Coin long-term Price Analysis: 31 July

Binance Coin is, like the rest of the altcoin market, a beneficiary of Bitcoin's pump over $11,000.

SEC eyes crypto tracing software that tracks Binance Chain

The US Securities and Exchange Commission plans to give blockchain analytics firm CipherTrace the contract by tomorrow.

SEC Wants to Start Scrutinizing Binance Chain Transactions

Company executives anticipated that regulators might one day take an interest in Binance Chain

Price Analysis 7/29: BTC, ETH, XRP, BCH, BSV, ADA, LTC, CRO, BNB, EOS

Bitcoin and most altcoins could consolidate for a couple of days before resuming their uptrend. Bitcoin (BTC) trading volumes in spot and derivatives markets have been surging since the digital asset rallied above the $10,000 level earlier this week.

Price Analysis 7/27: BTC, ETH, XRP, BCH, BSV, ADA, LTC, CRO, BNB, EOS

Bitcoin has made a decisive move above $10,500, which is likely to boost sentiment and pull several altcoins higher. Gold made a new lifetime high today, eclipsing the previous high made in 2011.

BNB Skyrockets To $20 As CZ Hints On A Binance DeFi IEO

Binance CEO CZ hinted that the exchange will be launching a DeFi-related IEO.

Price Analysis 7/24: BTC, ETH, XRP, BCH, BSV, ADA, LTC, BNB, CRO, LINK

Ethereum price looks to make a new 2020 high as Bitcoin bulls fight to hold BTC price above $9,600. Bitcoin (BTC) has covered a considerable amount of ground over the past few years.

Binance Coin long-term Price Analysis: 24 July

Disclaimer: The following article attempts to analyze the evolving trend in the long-term Binance Coin market and its impact on BNB’s price  With Bitcoin going over $9,500 earlier this week, the r The post Binance Coin long-term Price Analysis: 24 July appeared first on AMBCrypto.

CoinMarketCap Says Listing BNB as No.1 DeFi Token Was ‘Human Error’

CoinMarketCap has withdrawn BNB as the top DeFi token claiming it was a mistake. CoinMarketCap listed its parent company’s token Binance Coin at the top of its new DeFi list — and then quickly withdrew it following a barrage of criticism. First noticed by podcaster and Twitter user Yannick Eckl (@cryptonator1337), BNB was ranked higher than other well known decentralized finance tokens such as Maker (MKR), Compound (COMP), and Aave (LEND).  Apparently @CoinMarketCap has a #DeFi project ranking now.Guess what is on #1?Right, $BNB! What a coincidence.

Binance partners with German investment firm CM-Equity

The new partnership will give European users more access to cryptocurrencies on Binance—ahead of its upcoming crypto debit card.

Ontology, Binance Coin, Ethereum Price Analysis: 23 July

Ethereum, Binance Coin, and Ontology looked bearish at the time of writing, a surprising finding especially since it followed the latest surge in Bitcoin's price.

Price Analysis 7/22: BTC, ETH, XRP, BCH, BSV, ADA, LTC, CRO, LINK, BNB

Many altcoins could pick up momentum If Bitcoin and Ethereum break above key resistance levels in the coming days. Since March central banks have been printing money aggressively in order to combat the economic downturn brought about by the coronavirus pandemic.  Philip Lowe, the governor of the Australian Reserve Bank, has warned against the consequences of unlimited monetary expansion.

Chainlink Tops DeFi Ranking on CoinMarketCap Amid ‘Baseless Criticism’

Suspicion is mounting as CoinMarketCap defends its listing methodology and denies Chainlink paid for exposure. Cryptocurrency ranking resource CoinMarketCap is facing a backlash after listing Chainlink (LINK) as the biggest DeFi token by market cap. The website’s new DeFi section lists what executives consider to be the most important altcoins in the space, which is seeing considerable interest from traders and investors. DeFi: Next week Binance Coin? Speaking to Cointelegraph, CoinMarketCap said that it employs “strict methodology” in order to determine if a particular token qualifies as “DeFi” and is therefore eligible for inclusion in its rankings. Chainlink, a smart contract platform, is however an unlikely addition — following the section’s launch, various commentators argued that LINK is not strictly a DeFi token. “Chainlink is now the number 1 defi token thanks to coinmarketcap deciding its a defi token and adding it to the list,” analyst and speaker Jason Fernandes wryly tweeted on Monday.  “Tune in next week when Binance coin becomes the second biggest defi token.” DeFi, or “decentralized finance,” has formed something of a craze in trading circles this year, reminiscent of similar attention paid to stablecoins and ICO tokens in previous years. As Cointelegraph reported, suspicions have accompanied the rise of the phenomenon, with multiple tokens seeing huge gains — and losses — over short timeframes. CoinMarketCap’s top ten DeFi tokens as of July 21.

Price Analysis 7/20: BTC, ETH, XRP, BCH, BSV, ADA, LTC, BNB, LINK, CRO

Most major altcoins have witnessed profit booking as traders become cautious about the future of Bitcoin’s price. Gold continues to trade near its nine-year highs as investors hedge their portfolio against a possible devaluation of the US dollar due to the expansive monetary policy of the Federal Reserve.

Binance Coin (BNB) Rallies 7%, Technicals Suggest Fresh Monthly High Above $19

Binance coin price is gaining bullish momentum above the $18.00 resistance against the USDT.

Binance Burns $60,500,000 in BNB, the Largest in Crypto Asset’s History

Binance just removed 3,477,388 Binance Coin (BNB) worth $60.5 million from circulation – the largest in the crypto asset’s history.

CZ Shares Thoughts on Judging Token’s Success

Binance CEO shed some light on how to judge the success of a project's token economics. Top cryptocurrency exchange Binance’s CEO revealed his thoughts on token economics to explain how finance in the emerging new crypto industry works.  According to Binance’s blog post on July 18, Changpeng “CZ” Zhao pointed out that it makes more sense to convert fiat currency to crypto such as Bitcoin and Binance’s native token BNB.

Market Watch: Binance Coin Surging Following BNB Burn and IEO Rumors, Bitcoin Celebrates In Place

More updates on the Twitter hack can't rattle Bitcoin's price outside its familiar territory.

Binance destroys $60.5 million-worth of BNB in biggest burn to date

The latest burn—on the exchange’s anniversary—hopes to boost the price of the token.

Price Analysis 7/17: BTC, ETH, XRP, BCH, ADA, BSV, LINK, LTC, BNB, CRO

Bitcoin and a few altcoins are showing signs of weakness, which could result in a minor dip in the next few days. Grayscale Investments recent Q2 report shows that the firm took in $905 million into Bitcoin (BTC) and other altcoins.

Binance Coin short-term Price Analysis: 17 July

Binance Coin, the token of cryptocurrency exchange Binance is faltering in its price-pushes with every passing day.

Binance Coin, Tron, Digibyte Price Analysis: 16 July

Binance Coin, Tron, and Digibyte, all of these alts recorded a notable fall in their price over the last few hours, perhaps due to a similar drop in Bitcoin's price.

Price Analysis 7/15: BTC, ETH, XRP, BCH, ADA, BSV, LINK, LTC, BNB, CRO

Select altcoins are showing strength and if Bitcoin price perks up a fast paced, market-wide rally could occur. The People’s Bank of China (PBoC) is rumored to be working with food delivery giant Meituan Dianping and ride-hailing application DiDi to test the digital yuan.

Binance Unveils Crypto-Powered Debit Card in Europe For Seamless Transactions Across 60 Million Merchants

Leading crypto exchange Binance has rolled out the Binance Card, a crypto debit card, in Europe that will enable users to convert their stored cryptocurrencies like Bitcoin (BTC), Binance Coin (BNB), Swipe (SXP), and Binance USD (BUSD) to fiat and spend them at more than 60 million merchants worldwide.

Chainlink (LINK) Rallies as Market Cap Surpasses Litecoin and Binance Coin

Today Chainlink overtook Litecoin and Binance Coin as the 8th biggest cryptocurrency by market capitalization. Today Chainlink (LINK) surpassed Binance Coin (BNB) and Litecoin (LTC) in market capitalization.

Binance Coin Gains 17% on Bitcoin in July but Can ‘IEO Season’ Happen?

The price of Binance Coin has gained almost 20% on Bitcoin in July and this spells bullish for the price of the exchange’s IEO tokens. As the price of Bitcoin (BTC) has been slowly consolidating over the past few months, altcoins have been taking the spotlight.

Europeans Can Apply for Binance’s Crypto Debit Card in August

Following the recent acquisition of Swipe, Binance announced the rollout of its cryptocurrency debit card for European citizens.

Binance’s Swipe-Powered Crypto Debit Card Debuts in Europe

Binance Card, a highly anticipated crypto debit card by Binance, will support four cryptocurrencies at launch. Binance’s highly-anticipated cryptocurrency debit card, Binance Card, is officially debuting in countries of the European Economic Area, or EEA. Binance told Cointelegraph on July 14 that EEA-based users will be able to apply for a Binance Card starting in August.

Binance unveils its Bitcoin debit card in Europe and UK

Binance Card will allow users to pay with crypto directly at over 60 million merchants across 200 regions.

Price Analysis 7/13: BTC, ETH, XRP, BCH, ADA, BSV, BNB, LTC, CRO, LINK

Equities markets are surging and many altcoins continue to push higher as Bitcoin price consolidates into a tight trading range. The Nasdaq has regularly been making new highs for the past few days, which has resulted in a strong rally in a few technology companies.

Binance Coin, OKB tracked Bitcoin's Q2 growth

Binance Coin least profitable exchange token, OKB most for Q2 Now, it seems like every exchange has issued its own token.

Top 5 Cryptocurrencies to Watch This Week: BTC, LINK, ATOM, XLM, BNB

The rally in altcoins is likely to continue if Bitcoin holds at its current levels but a breakdown below $9,000 could lead to aggressive profit booking by altcoin traders. At various points throughout 2020 Bitcoin (BTC) was correlated with gold.

Price Analysis 7/10: BTC, ETH, XRP, BCH, BSV, ADA, LTC, BNB, CRO, EOS

As Bitcoin corrected on July 9, altcoin prices dropped but many are holding above their support levels, suggesting the uptrend will resume. Veteran trader Peter Brandt believes that a new altcoin season is likely to start in the near future and he predicted that altcoins are likely to outperform Bitcoin (BTC) during this next run.

Binance Coin short term price analysis: 10 July

While it's still not alt-season yet, many altcoins are stealing the shine away from Bitcoin.

First Mover: Kyber Token’s Eightfold Increase Reveals Bet on Future Market-Share Growth

Prices for decentralized exchange Kyber's KNC token have jumped eightfold in 2020, outshining the performance of Binance's BNB coin.

BitTorrent Adds Binance USD as a Payment Option

BitTorrent users can now purchase BitTorrent and µTorrent Classic Pro with BUSD and Binance’s native token BNB. BitTorrent, a major file sharing service operating under Tron (TRX) developer, has added Binance’s USD stablecoin, BUSD, as payment option. As officially announced on July 9, BitTorrent users are now able to buy BitTorrent and µTorrent Classic Pro with BUSD and Binance’s native token, BNB. With the new addition, BitTorrent now totally features six crypto payment options on its platform. Binance’s BUSD joins the list of already supported cryptocurrencies including Bitcoin (BTC), BitTorrent’s utility token BTT, Okex’s OCB, TRX, and BNB. Alongside the BUSD addition, BitTorrent and µTorrent have also replaced the ERC-20 BNB token with the faster and more liquid BNB (BEP2) as a payment option.

Justin Sun’s BitTorrent Introduces Binance USD (BUSD) As A Payment Option

The torrent platform that Justin Sun acquired last year, BitTorrent, will now accept Binance USD (BUSD) as a payment option.

Price Analysis 7/8: BTC, ETH, XRP, BCH, BSV, ADA, LTC, BNB, CRO, EOS

Bitcoin is range-bound but altcoins are rallying, indicating increasing interest among traders looking to make sizable gains off altcoins. Altcoins have been buzzing around this week and this has reduced Bitcoin’s (BTC) dominance to 63%.

Bitcoin Stuck Near USD 9,300 While XRP, BNB and ADA Rally

Bitcoin price remained stable above the USD 9,200 level and it is currently (08:30 UTC) consolidating near the USD 9,300 resistance.

Binance Coin, IOTA, Cosmos price analyis: 7 July

During the past week, many altcoins seemed to have posted substantial gains.

Binance Officially Aquires Swipe, Enters Crypto Visa Debit Card Segment

Binance acquires the Visa debit card platform Swipe and lists its native cryptocurrency (SXP).

Binance acquires Swipe, boosting its plans for a crypto debit card

Binance’s latest acquisition will give it the tools it needs to get its cryptocurrency debit card plans underway.

Binance donates 27,000 masks to the UK’s national health service

Binance Charity has donated 27,000 KN95 masks worth $60,000 to the NHS—although UK guidance says not to use them.

Price Analysis 7/6: BTC, ETH, XRP, BCH, BSV, LTC, ADA, BNB, CRO, EOS

Bitcoin and altcoins pushed higher today and many are showing signs of a possible trend reversal. The US equity markets, gold, crude oil and the crypto markets are all up today.

Price Analysis 7/3: BTC, ETH, XRP, BCH, BSV, LTC, ADA, BNB, EOS. CRO

Bitcoin and many altcoins are struggling to rise above the 20-day EMA, suggesting bears have the advantage in the short-term. Tesla’s market capitalization has surged from about $76 billion at the start of 2020 to $224.18 billion at market close on July 2.

Binance Coin Price Analysis: BNB Follows Bitcoin’s Downturn Despite 7-Days Recovery, Charts 3% Daily Loss

Binance Coin lost 3% over the past hours following a quick drop in Bitcoin’s price.

Twitter Adds Crypto Emoji for Binance, Following Bitcoin (BTC) and Crypto.com Coin (CRO)

Twitter just added an emoji for Binance Coin (BNB), making it the third cryptocurrency to get its own branded hashtag after Bitcoin (BTC) and Crypto.com (CRO).

Market Wrap: As Traditional Markets Rally, Bitcoin Gets Boring

Equities show strength as bitcoin stays rangebound above $9,000.

Price Analysis 7/1: BTC, ETH, XRP, BCH, BSV, LTC, BNB, ADA, CRO, EOS

Bitcoin and a few altcoins have bounced off their recent lows, suggesting that the sentiment remains to buy the dips. Bitcoin (BTC), gold, crude oil, and the US equity markets all rose sharply throughout the second quarter of this year.

Binance gets the third cryptocurrency emoji on Twitter

Binance's new Twitter emoji is being used to celebrate its upcoming third birthday.

Binance Gets the Third Branded Emoji on Twitter as Anniversary Comes Close

Binance Coin is now the third crypto to receive a branded hashtag on Twitter, which appears to be in preparation for its three year anniversary. Binance and its eponymous cryptocurrency, Binance Coin (BNB), is the third entity to receive a branded emoji hashtag following Bitcoin (BTC) and Crypto.com. This was announced by Binance’s CEO, Changpeng Zhao, who simply tweeted #BNB — showcasing the new emoji. #BNB— CZ Binance 🔶🔶🔶 (@cz_binance) July 1, 2020 The co-founder appears to be visibly excited with the cosmetic change, writing, “I think I could just sit here and randomly retweet people's #BNB tweets all day long,” though he appears to have retweeted only one of them so far. As reported by Cointelegraph earlier, branded hashtags are a little known service provided by Twitter to high value brands.

First Rupiah-Backed Stablecoin Launches on Binance and Tokocrypto

Binance launched the stablecoin on its own blockchain thanks to a collaboration with Indonesian crypto exchange Tokocrypto. Major cryptocurrency exchange Binance and Indonesian exchange Tokocrypto have listed a rupiah-backed stablecoin, Binance IDR (BIDR). According to an announcement on June 30, Binance and Tokocrypto users can now trade BIDR against Bitcoin (BTC), Binance Coin (BNB), Binance USD (BUSD), Tether (USDT) and Ether (ETH).

Price Analysis 6/29: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, CRO, ADA

Bitcoin price dropped below the ascending triangle trendline, suggesting further bearish price action for BTC and altcoins. The total crypto market capitalization has been stuck roughly between $240 billion and $280 billion for about two months.

Price Analysis 6/26: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, ADA, CRO

Bitcoin price continues to lose momentum, signaling the possible start of a deeper correction below $8,200. Grayscale Investments has been taking in Bitcoin (BTC) at a frantic pace.

Binance Coin short-term price analysis: June 26

With options worth a billion-dollar expiring today, it seems like a bad day for BTC as the price has dropped by 2% in the last hour.

Tezos, Binance Coin, Dash Price Analysis: 25 June

Bitcoin's price plunged on the charts yet again, with the same falling by over $500 in a span of 20 hours.

Activity on Binance Coin’s Network Swells Despite Lackluster Price Action

Binance Coin has been consolidating within a narrow trading range.

Price Analysis 6/24: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, ADA, CRO

A few major cryptocurrencies are close to breaking below their critical support levels, indicating further downside in the next few days. Coronavirus cases are jumping across the world as nations reopen their economies and this raises the risk of a second wave which could slow down the current recovery in major markets.

Price Analysis 6/22: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, CRO, ADA

Bitcoin is flashing some bullish signals as volatility is expected to pick up over the next few days. The current economic environment has made it difficult for pension funds to sustain their expected rate of return.

Crypto derivatives exchange unveils options trading for Chainlink

For the first time, a crypto exchange is offering options contracts for digital assets beyond BTC and ETH.

Price Analysis 6/19: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, ADA, CRO

Most major cryptocurrencies are stuck in a range suggesting a balance between supply and demand. Kraken crypto exchange CEO Jesse Powell has said that a large number of both retail and institutional investors have opened accounts with them.

Delta Exchange Launches Options Trading for Binance Coin and Link

Crypto derivatives trading platform Delta Exchange has today launched options trading for two major altcoins, BNB and LINK. Cryptocurrency derivatives trading platform Delta Exchange has today launched options trading for two major altcoins, Binance Coin (BNB) and Chainlink’s LINK. In an announcement on June 19, the exchange indicated it would be following the launch of its options for BNB and LINK with similar contracts for Tezos (XTZ), Atomic Coin (ATOM), XRP and Litecoin (LTC). Delta’s CEO Pankaj Balani told Cointelegraph that BNB and LINK are two of the most active coins on the exchange and that the launch of the new contracts was in response to “a lot of inbound interest from traders.” Delta’s approach to crypto options trading Delta already offers options for Bitcoin (BTC) and Ether (ETH), in the form of a specifically-designed contract called “Move.” As reported, conventional options are tradable derivative contracts that allow market participants to purchase either a right to buy (a call option) or sell (a put option) a given asset at a specified “strike price.” This strike price is determined on or before the contract’s expiration date. Options therefore provide exposure factors that include “moneyness” (the asset’s current price vs.

Akon and Anthony Pompliano to join Binance’s virtual conference

Binance turns three next month, and it’s doing it in style with a 10-hour-long virtual conference, headlined by Akon.

Price Analysis 6/17: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, ADA, CRO

Bitcoin price is struggling to overtake $9.6K even as Federal Reserve policy appears to be driving new investors into BTC. Stephen Roach, a faculty member at Yale University and former chairman of Morgan Stanley Asia, believes that the supremacy of the US dollar is likely to be challenged and the greenback could decline by as much as 35%.

Binance to launch regulated UK exchange ahead of deadline

Crypto exchanges in the UK must be registered by the start of next year.

Price Analysis 6/15: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, CRO, ADA

Recent surges in open interest on Bitcoin and Ethereum options contracts suggests institutional players are continuing to build positions in the top two cryptocurrencies. Bitcoin (BTC) futures daily trading volume plunged sharply from about $20 billion on June 11 to about $5 billion on June 13.