Binance Coin Sets New ATH As New User Registrations Surge
Binance Coin just set yet another new all-time high today, taking out resistance set back in 2019. With the resistance level now cleared and potentially flipped to support, what are the likely targets for the native exchange token? Binance Coin Breaks Out Alongside New User Surge Binance made its debut just ahead of the last […]
Related News
One after another, cryptocurrencies like Bitcoin and Ethereum have been breaking out and above their former all-time highs, causing a surge of FOMO and price discovery to follow. The latest coin to do so, is exchange token Binance Coin (BNB), which has now set a record for its largest monthly candle – dollar for dollar – […]
Yesterday, Binance Coin closed at around $200 a coin, and within another 24 hours, the exchange token is already trading at another $100 higher. The surge in price and corresponding FOMO has also caused the cryptocurrency token to climb the top ten assets by market cap, making it to the number three spot. Here’s why […]
Crypto and blockchain firms constituted 16% of the 655 new company registrations that were recorded in Q1 of 2022, the Dubai Multi Commodities Centre (DMCC) has said. The surge in crypto-related registrations also coincided with a quarterly period in which the DMCC is reported to have recorded its “highest Q1 performance” since inception.
Rise in Registrations Attributed to the Launch of DMCC Crypto Centre
One of the UAE’s largest free zones, the Dubai Multi Commodities Centre (DMCC), has said 16% of the 655 new company registrations recorded in Q1 of 2022....
Binance’s BNB token has surged more than 860% in the past month to attain the position of fourth-largest cryptocurrency by market cap. Binance Coin’s Rise to Prominence BNB has historically been offered by Binance as a utility token for discounted trading fees on their platform. However, with the release of Binance Smart Chain in September 2020, it has become a serious potential competitor with Ethereum in the DeFi space. PancakeSwap and Venus, both decentralized exchanges […]
Binance Coin overtakes Tether to become the third-largest cryptocurrency by market capitalization after Bitcoin and Ether. 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....