Binance CoinBinance Coin BNB news

Price, 24h
29.25 USD / 0.00363500
-6.16% / -7.10%
Volume, 24h
288,310,799 USD
11.05%
Marketcap
4,113,429,694 / 1.6%
Emission
Chart price/vol/NIS 7d
Asset details

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The Altcoin of 2019: Binance Coin Records Another All-Time High At $30. What Are The Next Targets? BNB Price Analysis

Binance Coin has seen another price increase, which totals around 8% over the past 24 hours of trading (as of now), BNB had even managed to reach $29.83 early today, creating a new all-time high, before the bullish pressure started to fade away. After an extraordinary price explosion totaling 230% over the past 90 days, Binance Coin remains in the 7th place amongst the top cryptocurrency projects by market cap as it currently holds a $4.11 billion market cap. Looking at the BNB/USD 1-Day Chart: Against the US Dollar, we can see that since our previous BNB/USD analysis, Binance Coin has continued to gain momentum above the $21 support level and increased to where it is currently trades, around $29. From above: The nearest level of resistance now lies at the $30 psychological resistance level. Above $30, we can expect further resistance at $31.30 and $34.31, which is provided by the medium term 1.272 and 1.414 Fibonacci Extension levels. If the buyers continue above $35, we can expect further resistance at $36. From below: The nearest level of support now lies at $28 and $26. Further support lies at $25.18, $24.16, $22.67 and $21.69. The trading volume has managed to remain consistently high during May 2019 as the buyers continue their bullish momentum. The Stochastic RSI has now reached overbought conditions which could suggest that a pullback may take place over the next few days to give the buyers a little break. This is further confirmed by the RSI as it trades in the overbought territory. Looking at the BNB/BTC 1-Day Chart: Against Bitcoin, we can see that BNB/BTC continued to rebound from the support of 0.00277 BTC which was provided by the 200-days EMA. BNB has now rebounded higher up to the significant resistance at the 0.004 BTC level (highest level so far today). From above: The nearest levels of resistance lie at 0.0038 BTC and 0.0040 BTC. Higher resistance at 0.004398 BTC, 0.004613 BTC and 0.0048 BTC (BTC all time high). From below: The nearest level of support now lies at 0.0035562 BTC. Beneath this, more support lies at 0.003420 BTC, 0.003188 BTC and 0.003 BTC. The trading volume for BNB/BTC has also increased during May 2019. The Stochastic RSI has now also reached overbought territory which could suggest that a retracement might take place soon, before the coin continues further higher. The post The Altcoin of 2019: Binance Coin Records Another All-Time High At $30. What Are The Next Targets? BNB Price Analysis appeared first on CryptoPotato.
CryptoPotato

Binance Coin (BNB) Heads Toward $30 With A $4 Billion Valuation

Binance Coin (BNB) has been doing well and hitting new major milestones. From the recent happening on Sunday, May 19, BNB’s marketcap was freshly valued at over $4 billion as it heads towards $30 per coin. BNB Hits New Milestone — CZ Binance (@cz_binance) May 19, 2019 This definitely is incredible news for BNB coin holders, users of the exchange, and the crypto community as a whole. The new feat isn’t surprising, Binance has had a lot of great announcements which have been positively received by the community in the past few months. Part of which is the launch of the highly anticipated mainnet of the Binance Chain. That aside, there have been over a hundred cryptocurrencies available for trading on the Binance exchange platform since the beginning of 2019. Also, Binance recent coin burn, which is the 7th, happened on April 16. These, out of many, have made Binance, and BNB – the Binance coin – top choice among others. Positive Outweighs Negative Despite the recent hack on the exchange, the Binance community has shown a lot of support and are very excited about the future. This can be attributed to the way the company’s founder, CZ handled the situation. ZyCrypto has earlier reported the hack on the 8th of May. Binance had been hacked, with the hackers making away with the sum of 7,000 bitcoins valued at $41 million at the time. Coin Price The BNB price rally started roughly in January 2019. From January 18 to April 18, BNB spiked from $6 to $21, which was well over 200% growth. BNB – the 7th most valuable cryptocurrency currently trades at $29.08 with a market cap of $4.1 billion. The post Binance Coin (BNB) Heads Toward $30 With A $4 Billion Valuation appeared first on ZyCrypto.
ZyCrypto

Binance Coin Price Prediction and Technical Analysis for May 19

It has been a remarkable day for all of the cryptocurrencies, tokens, and assets on the market. Bitcoin’s surprising sudden uptrend has caused a lot of shifts to take note of. Perhaps the biggest development is how the Binance Coin price successfully claimed a new all-time high for the second time in three days. One has to wonder how long this momentum can remain in place, though. A New Binance Coin All-time High Prior to 2019, the BNB all-time high sat well below $25. That record was reached during the 2017 bull run which triggered a lot of excitement, yet also subsequent losses shortly after. Now that 2019 seems to be the year of price recovery, the Binance Coin price has reached several new all-time highs. The most recent one comes in the form of a temporary push to $30.14, albeit that level could not be sustained as of yet. BNB/BTC Technical Analysis Unlike most of the alternative markets, Binance Coin successfully managed to gain some value over Bitcoin. A very steep uptrend materialized yesterday afternoon, resulting in a peak near 0.004 BTC per BNB. As was somewhat to be expected, Bitcoin’s sudden bullish momentum near the same time trigger an equally steep BNB/BTC retrace to more normal levels. Since that dip, there have been a few attempts at pushing the ratio higher again. Successful attempts saw a value of 0.0037 BTC, 00375 BTC, and 003725 BTC being reached without too many problems. Unfortunately for traders, every push upward has resulted in an equal retrace, for the most part. However, there are some positive developments to take note of as well, assuming this uptrend doesn’t collapse entirely. A new “buy zone” has been created between 0.0034698 BTC and 0.0035991 BTC. Any price between those levels would confirm the uptrend is potentially reversing, although it could also serve as a juicy entry point for future gains. Other key support levels can be found at 0.0034698 and 0.0033451 BTC. Even the 0.0032998 BTC level can play a key role moving forward. Any of the price levels below those values are up for grabs all the way down to 0.0030094 BTC. BNB/USD Technical Analysis For those traders who prefer a BNB/USD pair, things are looking virtually identical. This massive outbreak in value has allowed the Binance Coin price to reach a peak of $32.32, although this was triggered by a wick with very little trading volume behind it. The more realistic top is closer to $30.04, or even $29.07 depending on how one values the uptrend which is currently in place. Right now it would appear the $30.04 level will act as a strong resistance, as new attempts to break it have all been rejected so far. The price seems more keen to retest support at $28.01, although there is a chance the $29.01 level will become the new “bounce” over the next few hours. Further confirmation is needed to draw any real conclusions in this regard. If the $28.018 level would not hold, further support can be found near $26.79 and $26.31. If things were to really collapse, the $25.49 level can come into play fairly soon. As the Bollinger bands show signs of tightening, the market can easily break out in either direction. Traders need to keep in mind this current uptrend may look very different tomorrow when most of the “normal trading” resumes. Conflicting MACD Signals It is not entirely uncommon for the MACD to indicate how a trend will look in a few hours. For Binance Coin, the MACD for BNB/USD shows signs of reserving rather hard. This uptrend has yielded an overbought territory which sits well above the more normal values. However, that doesn’t mean a bearish period will commence. There may be a minor dip to one of the other support levels as identified above. Things are a bit different when it comes to the BNB/BTC ratio. It would appear the market shows signs of potentially retesting levels above 0.003794 Bitcoin in the coming hours. A healthy MACD bounce is often promising, albeit such trends can always be short-lived. For now, there are plenty of green candles on the daily chart, but one never knows what the remainder of today will bring. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. Image(s): Shutterstock.com The post Binance Coin Price Prediction and Technical Analysis for May 19 appeared first on NullTX.
NullTX

Bluzelle, Syscoin, Binance Coin and Bitcoin Cash Fare the Best in Crypto; Coins in Aggregate Up 3.86% Overall, 19 Coins Have Contracting Volatility

The Big Winners From Yesterday Since the previous day, the coin whose price performed the best out of the 134 coins we are observing was Bluzelle, which gave its holders a 17.86% day-over-day return. The next three best performing currencies were Syscoin, Binance Coin, and Bitcoin Cash, which gave holders daily returns of 15.36%, 11.82%, and 11.47%. The moves in all these coins were a bit surprising, in that they were well outside of the trading range normally associated with each of the currencies in question. Crypto brokers to trade the currencies mentioned here: Gate, Yobit, Stex, Binance, DDEX, ETHfinex Was the Crypto Market as a Whole Up or Down? Since yesterday, the average change in the price of coins in our index was a move up 3.8587%. Drilling down, we see that 123 coins we’re tracking were up while 11 coins were down. The chart below shows the average daily change for all the coins in our index over time. 9 coins are especially close to their 20 day moving average, and thus may be worth watching for technical traders who view the 20 day moving average as a key support/resistance level. Crypto brokers to trade the currencies mentioned here: Gate, Yobit, Stex, Binance, DDEX, ETHfinex Which Currencies Had Major Price Moves? Those 9 coins are: SingularDTV, Metal, AirSwap, Aeron, AdEx, iExec RLC, PIVX, IOST, Dock. Volatility traders may also wish to note that 19 of the 134 we are monitoring have had their volatility contract over the past two weeks. Contracting volatility often leads to a big move in price, so this may be something to monitor. Below is a chart that zooms in a bit more, showing 4 coins trading below their 20 day moving average and exhibiting contracting volatility. Are these coins ready for a rally? Crypto brokers to trade the currencies mentioned here: Gate, Yobit, Stex, Binance, DDEX, ETHfinex Article by SixJupiter The post Bluzelle, Syscoin, Binance Coin and Bitcoin Cash Fare the Best in Crypto; Coins in Aggregate Up 3.86% Overall, 19 Coins Have Contracting Volatility appeared first on DecentralPost.
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Binance Launches Testnet of Decentralized Exchange

The world’s largest cryptocurrency exchange, Binance announced the launch of Binance DEX testnet. Binance DEX is said to be secure and scalable – with a block interval of one second. User account registration is now open. Testnet went live on Wednesday morning, 20 February 2019

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Twitter Spoof: BitConnect 2.0 to Return in July; BCC Token to Rise from the Crypto Graveyard?

Bitcoinnect is known for its high yield investment platform Bitconnect.co. The company had a cryptocurrency Bitconnect Coin (BCC) which investors bought with Bitcoin to gain a 0,25% daily interest. The company also has a lending platform and exchange which closed due to warnings from Texas and North Carolina authorities. Some unknown person is however working […]
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MakerDAO Token Holders Vote on Whether to Lower DAI Stability Fee by 2%

MakerDAO Token Holders Vote on Whether to Lower DAI Stability Fee by 2% A vote about whether to decrease the so-called stability fee for MakerDAO’s ethereum blockchain-baseddecentralized stablecoin DAI has started. The vote was announced on the organization’s blog on May 17. If approved, the latest proposal would decrease the stability fee by 2% to […] Cet article MakerDAO Token Holders Vote on Whether to Lower DAI Stability Fee by 2% est apparu en premier sur Bitcoin Central.
Bitcoin Central

Crypto-Market Top Weekly Performers: Bitcoin, Ethereum, XRP, Stellar, Tezos, Binance

Bitcoin bulls have turned out to be more relentless than the most have predicted from its historic prices. However, the fundamentals around Bitcoin [BTC] seem to be stronger than ever with the Bitcoin virus apparently spreading to the east now. Mati Greenspan, the senior market analyst at eToro tweeted, “BTC on the move again… Asian market certainly doing their bit today.” This is coming after a huge pullback on 17th May 2019. A Bullish Marubuzo with was seen in the 0: 00-4: 00 Hours UTC on 19th May as the market broke above $8000 again. This the second time the market has attempted to break it after a huge correction. BTC/USD 1-Day Chart on Bitstamp (TradingView) The other four performing coins Opening Price: $6968 Closing Price: $8109 The weekly gains: 11% Weekly High/Low: $8390/$6178 Binance [BNB] Coin Binance [BNB] coin was trading in the red in the last week’s update trading around $20. Nevertheless, the token started picking up value again as normal operations began at Binance Exchange after the hack. This week Binance also initiated the process of burning token from the Ethereum blockchain to process them on the native Binance Blockchain. BNB/USD 1-Day Chart on TradingView Opening Price: $20 Closing Price: $29.5 The weekly gains: 40.6% Weekly High/Low: $32.2/$19.9 Stellar [XLM] Stellar’s rise was higher than most coins during the week as it held gained 35% on a weekly scale. The Stellar validators were reportedly shut down for two hours on 15th May 2019. As Bitcoin continued to correct and rise, Stellar held it gains above 0.00001750 BTC. XLM/USD 1-Day Chart on Bitfinex (TradingView) Opening Price: $0.10 Closing Price: $0.14 The weekly gains: 46% Weekly High/Low: $0.16/$0.117 Ethereum [ETH] Ethereum has been the top performer in leading altcoin gains in terms of total market capitalization. The total market capitalization of Ethereum is above $25 billion. It still accounts for more than 10% of the total capitalization of cryptocurrency markets. Also Read: Ripple’s XRP and Ethereum Fight for 2nd Place Behind Bitcoin In The Wake of a Bull Run ETH/USD 1-Day Chat on Coinbase (TradingView) Opening Price: $188 Closing Price: $259 The weekly gains: 38% Weekly High/Low: $281/$185 Tezos [XTZ] Tezos [XTZ] has been one of the best performing coins of the year. It has gained more than 100% before the bull run on Bitcoin began. The gain was influenced by the Coinbase allowing Tezos [XTZ] as the first coin which could be staked/forged on the Coinbase Custody platform. It was on the rise again this week as the market seems to have broken bullish since the beginning of the month. It broke above $1.75 as it set sights on to $2. XTZ/USD 1-Day Chart on Bitfinex (TradingView) Opening Price: $1 Closing Price: $194 The weekly gains: 25.4% Weekly High/Low: $207/$157   XRP, Dash, IOTA, and Cosmos [ATOM] The almost all altcoins were in the green on a weekly scale. While the above-mentioned cryptocurrencies rose higher than the rest, XRP, Dash, IOTA, and Cosmo [ATOM] also registered more than 20% gains. The gain in XRP was considerable as it broke above the $18 billion market capitalization. Moreover, the weekly rise is about 25%. The dominance of XRP over cryptocurrency market is about 7%. The rise of Dash, IOTA, and ATOM is 21%, 31% and 23$ respectively on a weekly scale. XRP/USD 1-Day Chart on Bitstamp (TradingView) *The percentage dominance of cryptocurrencies w.r.t. to the total market capitalization of the market at $0.5 billion is 0.23%. Hence, for Analysis purpose we will only consider cryptocurrencies with a total market capitalization $0.5 billion or more. For future analysis, we’ll try to maintain 0.25% as a standard for the calculation. **The data is taken at around 11: 00 Hours UTC on 19th May 2019.  The post Crypto-Market Top Weekly Performers: Bitcoin, Ethereum, XRP, Stellar, Tezos, Binance appeared first on Coingape.
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