Binance Coin (BNB) Gains Momentum, Why Dips Are Attractive

Binance coin price found support near $200 and started a fresh increase against the USDT. BNB is gaining momentum and it seems like the bulls are eyeing a fresh increase above $300. Binance coin price started a fresh increase above $220 and $230 against the USDT. The price is trading nicely above $250 and it is well above the 100 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $215 on the 4-hours chart of the BNB/USDT pair (data source from Binance).…

1inch Exchange Goes Live on Binance Smart Chain

Key Takeaways 1inch has announced that its DEX will run on Binance Smart Chain alongside Ethereum, on which it currently operates. The project cited high Ethereum fees as the reason for the move. 1inch is offering 150,000 in 1INCH tokens ($650,000) to attract liquidity providers to the platform. Share this article Decentralized exchange (DEX) aggregator 1inch Exchange has launched its service on Binance Smart Chain (BSC). 1inch Expands to Binance Smart Chain 1inch Foundation has deployed its DEX aggregator and liquidity mining platform to Binance Smart Chain. The exchange initially…

1inch announces expansion to Binance Smart Chain, plans to run BSC node

As part of a wider exodus, the highest-profile Ethereum-native decentralized finance (DeFi) project yet has announced an expansion to Binance Smart Chain.  In a press release today, the 1inch team revealed that they’ve ported 10 million 1INCH tokens (currently worth over $40 million dollars) to BSC. The tokens will be used as a liquidity bridge between Ethereum and BSC, and will seed the 1inch ecosystem on BSC, including the 1inch Aggregation Protocol and the 1inch Liquidity Protocol. “As we at 1inch are always on the lookout for the hottest DeFi…

Ethereum exodus continues as Binance ‘helps,’ Feb 17–24.

The parabolic rise of the Binance Smart Chain has been all over the news this week, aided by a few seemingly unfriendly moves by the exchange itself. It started on Friday, when Binance suddenly froze withdrawals of Ethereum-based assets for about one hour. Many interpreted it as a move against the blockchain and its ecosystem, given that the cited reason was “congestion issues” — something one hardly imagines is a problem for an exchange, unless they shoulder withdrawal costs for the user. The day after, FTX started shaming Binance for…

Thanks a trillion Bitcoin, Binance Coin goes parabolic, NFT mania

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Bitcoin hits $57,500 — And $1-trillion market cap signals it’s here to stay Bitcoin’s price continued to smash records this week, surging by more than 20% and hitting highs of $57,505.23 at one point. But the most significant milestone came when BTC’s market cap exceeded…

BNB price surges as Binance Smart Chain grows in popularity with DeFi

Binance Coin (BNB) has been on an absolute tear in the month of February. It traded at $48.93 on Feb. 1 and grew to trade at $304 at the time of publication, amounting to a 521% month-to-date gain and 707% year-to-date gain. This price rally has led BNB to become the third-largest cryptocurrency, with a $46.5 billion market capitalization. BNB achieved its all-time high of $342.88 on Feb. 19. This price rally and leap in market capitalization could be attributed to Binance Smart Chain gaining popularity within decentralized finance markets and…

Binance Coin BNB Now Third Biggest Cryptocurrency

Binance’s BNB coin has hit a market cap of $40 billion. It’s now the third biggest crypto, behind Bitcoin and Ethereum.  Binance Coin Soars  Binance’s BNB coin has overtaken Tether on the cryptocurrency leaderboard.  The currency soared overnight, registering a gain of around 36% in 24 hours according to CoinGecko. It’s up over 100% in the last week. Source: TradingView BNB is now trading at $262.40 on Binance, which puts its market cap at just over $40 billion.  Thanks to the rise, it overtook Tether last night, whose market cap…

Binance Coin becomes the third-largest crypto following parabolic rally

Binance Coin (BNB), a cryptocurrency issued by the world’s largest crypto exchange Binance, has hit a major historical milestone, becoming the third-largest coin by market capitalization for the first time in history. At the time of writing, BNB’s market cap stands at $38 billion, outstripping the biggest stablecoin Tether (USDT) by about $5 billion, according to data from crypto tracking source CoinGecko. Binance Coin is trading at $257, up 47% over the past 24 hours and skyrocketing 107% over the past seven days at publishing time. Source: CoinGecko Alongside propelled…

Charted: Binance Coin (BNB) Surges Towards $250, Why Bulls Are Not Done Yet

Binance coin price is up over 35% and it is extended its rally above $200 against the USDT. BNB traded to a record high at $238 and it seems like there are chances of more upsides. Binance coin price extended its rally above the $175 and $200 resistance levels against the USDT. The price traded to a new all-time high at $238 and it settled well above the 100 simple moving average (4-hours). There was a break above a couple of bullish continuation patterns at $170 and $200 on the…