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Showing posts with the label binance coin

BNB June Forecast: Is $700 On Cards For Binance Coin? 

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Binance Coin, or BNB, is a leading crypto token that is steadily carving its own pace. The token has been up 5% in the last week, trading at a price threshold of $614. With the current bullish onset of the market, several notable crypto analytics platforms have forecasted fresh predictions for the token based on the current market trajectory and pace. Per CoinCodex, BNB can achieve a critical price milestone in the month of June, including heading towards a new ATH, if it continues to leverage the bullish phase of the market. Also Read: BONK Claims $2 Billion Market Cap: How High Can It Trade This Weekend? Binance Coin or BNB June Forecast Source – Coinpedia Launched as a central coin powering the Binance cryptocurrency exchange, BNB has come a long way since its inception in 2017. Since then, the token has been serving the exchange by facilitating a wide variety of functionalities, including helping users avail a discount on Binance while transacting via BNB co...

Price analysis 5/3: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

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Bitcoin and select altcoins are showing a continuation pattern, indicating indecision among the bulls and the bears. Investors seem to have priced in a 25 basis points rate hike by the United States Federal Reserve on May 3. Next, they will look for clues on the Fed’s actions for the rest of the year. Will the Fed maintain its hawkish stance as inflation still remains well above its target range or will the bank troubles and the looming recession make the central bank signal a pause in its rate hikes? The World Economic Forum Chief Economists Outlook report released on May 1 shows that 80% of the chief economists believe that central banks have to maintain a delicate balance between “managing inflation and maintaining financial sector stability.” The economists anticipate that the central banks will find it difficult to bring down inflation to their target levels. Daily cryptocurrency market performance. Source: Coin360 Arthur Hayes, the co-founder and former CEO of crypto derivative...

After VeChain, These 2 Cryptocurrencies Are on the Radar

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VeChain is attracting heavy bullish sentiment in the indices and is looking to climb above the $0.030 mark. The cryptocurrency has doubled in price since the start of January 2023 and could go further in the indices in the days leading up to The HiVe launch. The launch is scheduled for Mar. 4, 2023, and VET might have more upside for the next seven days. You can read more details about the launch here. Also Read: 10 Reasons Why Coinbase’s Ethereum L2 ‘Base’ Is a “Big Deal” What Next After VeChain? While VeChain explodes in price, two other cryptocurrencies are performing well in the indices. In this article, we will highlight the two cryptocurrencies to watch out for in March 2023. 1. Binance Coin (BNB) Source: OutlookIndia.com Binance Coin (BNB) climbed above the $300 mark this month despite several ups and downs in the indices. Since the beginning of January, the token’s price has steadily increased from a low of $240 to a high of $332. BNB is attracting bullish s...