Binance Coin Archives - Page 12 of 16

October 18, 2021

Binance Coin Is in a Sideways Move, Fluctuates Below $480 Resistance

Binance Coin (BNB) Long-Term Analysis: BullishBinance Coin’s (BNB) price has broken above the moving averages. The uptrend has been stuck below the $480 resistance level. Today, the altcoin is consolidating below the $480 resistance level. The cryptocurrency may fall if buyers fail to sustain...

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October 13, 2021

Binance Announces Exit from China Amid Crypto Crackdown

Binance has joined the growing list of top cryptocurrency exchanges to leave China amid the aggressive clampdown on the crypto industry by the Chinese government. In the wee hours of the morning today, Binance announced that it would effectively discontinue the CNY trading zone on December 31, 2021...

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October 04, 2021

Binance Coin Is in a Sideways Move below $440 Resistance, an Uptrend Is Likely

Binance Coin (BNB) Long-Term Analysis: BullishBinance Coin (BNB) has broken above the moving averages as the altcoin fluctuates above the $400 support. Buyers have been struggling to sustain BNB above the moving averages. If buyers sustain the bullish momentum above the moving averages, the altcoin...

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October 01, 2021

Binance Hires Former IRS Special Agent to Boost Regulatory Compliance

Behemoth cryptocurrency exchange Binance continues to show commitment to complying with Global best practices as it announces the employment of an intelligence and investigations executive. According to the official press release yesterday, the company employed former IRS staff Tigran Gambaryan as ...

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September 27, 2021

Binance Coin Bounces Above the $320 Support but Resumes Selling Pressure

Binance Coin (BNB) Long-Term Analysis: BearishBinance Coin (BNB) has fallen to $332.50 low after the price broke below the moving averages. The bulls bought the dips as price corrected upward. The upward correction was terminated at the high of $390. The bears pushed price to the low of $320 but pu...

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September 22, 2021

Binance Suspends Futures Options Trading for Australians Amid Regulatory Clampdown

Binance continues to face intense scrutiny from regulatory bodies across the globe as the behemoth cryptocurrency exchange announced yesterday that it would halt futures options and leveraged tokens offerings to Australian users in the next 90 days. The world’s largest crypto exchange noted that: “...

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September 20, 2021

Binance Coin Continues Its Bearish Run, May Decline to $289 Low

Binance Coin (BNB) Long-Term Analysis: BearishBinance Coin (BNB) has continued to fall down after the recent breakdown. Before the recent price fall, the coin has been consolidating between the moving averages. The selling pressure is likely to continue as price breaks below moving averages. The ma...

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September 13, 2021

Binance Coin Is in a Tight Range as Sellers Threaten to Break Below $385 Support.

Binance Coin (BNB) Long-Term Analysis: BullishBinance Coin (BNB) has broken below the moving averages as bears threaten to push prices down. At the initial breakdown, BNB dropped to the low of $368 as bulls bought the dips. The price corrected upward to the high of $440 and resumed a range-bound mo...

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September 06, 2021

Binance Coin Fluctuates in a Tight Range, Struggles Below $510 Resistance

Binance Coin (BNB) Long-Term Analysis: BullishSince August 23, Binance Coin (BNB) has been in a downward correction as the altcoin faced resistance at $520 high. Today, the crypto’s price is retesting the $510 high to break above it. For the past two weeks, buyers have failed to sustain BNB above t...

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