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Binance Coin (BNB) - INR

Mkt. Cap.
₹ 3,747.27 B
Vol. 24H
BNB 0 (₹ 0)
Open 24h
₹ 26,597.84
Low/High 24h
₹ 26,597.84 - ₹ 26,597.84

BNB BSC chains has seen the light, with over $700 USDT made from $BOB on the BSC BLc. listed on the bitget onchain. I saw a $1,500 BGB giveaways event now for sharing your PnL with the platform.

$BNB has been doing bad so I've shifted my focus to stablecoins like USDT, USDC, and others through BGUSD. The benefits are clear: steady 4% APR+, daily auto-distributed earnings, secure growth, and stable returns.

Binance has listed Across Protocol (ACX) and Orca (ORCA) tokens, set to begin trading on December 6, 2024.

These tokens focus on bridging Ethereum networks and decentralized finance on Solana.

Both saw significant gains, with ACX surging 223% and ORCA rising 83.83% following the announcement.

BNB reached $773 ATH; could it hit $1000 by early 2025?

TRX hit $0.44, driven by USDT liquidity—can it reach $1?

RSI suggests consolidation, so will TRX rebound after a pullback?

What does this mean for other altcoins? Is this the start of a broader altcoin rally?

Binance is expanding its compliance team by 34% to meet the growing demands of the crypto industry, aiming for 645 full-time compliance staff by year-end.

BNB Price Surge: A Closer Look at Recent Developments

BNB has recently made headlines by breaking through the $572.36 mark, adding over $4 billion to its market cap in just five days. Let’s dive into the key factors behind this momentum.

Key Points

- Significant Price Movement: On September 27, BNB's price surpassed $615, reflecting a 10% gain over the week.
- The surge is largely attributed to the early release of Changpeng Zhao (CZ), Binance's ex-CEO.

Market Reaction to CZ's Release:

- News of CZ's potential early release prompted traders to reduce their bearish positions.
- This shift indicates increased investor confidence, potentially leading to further price increases.
Legal Challenges:

- Binance has faced serious legal issues, particularly with the U.S. SEC, resulting in a $4 billion settlement.
- Despite these challenges, analysts remain optimistic about BNB’s future, especially following CZ’s release.

CZ's Sentencing:

- CZ was sentenced to four months in prison for anti-money laundering violations and is banned from managing Binance.
- He retains his position as the largest shareholder, which may still influence market dynamics.

Market Sentiment:

- Since rumors of CZ's release emerged, BNB has seen increased demand, with prices climbing from $578 to $609.56.
- The Relative Strength Index (RSI) at 67.14 indicates strong buying pressure, suggesting further upward potential.

- Current Trading Status: As of now, BNB is trading at $572.36, experiencing a 4.10% dip in the last 24 hours.

The early release of Changpeng Zhao may signal a pivotal moment for BNB, enhancing its market prospects. With key resistance levels ahead, traders are keenly watching for potential breakthroughs toward $700.
https://coinpedia.org/price-prediction/bnb-binance-coin-price-prediction/

BNB price is showing promising signs, starting a fresh increase above the $550 resistance zone. Now trading near $600,

here’s what you need to know:

- BNB has recently outperformed Ethereum and Bitcoin, stabilizing above $535.
- It surpassed key resistance levels at $542, $550, and $565.
- The price reached a high of $599.7, consolidating above the 23.6% Fibonacci retracement level.
- Currently, BNB trades above $600 and the 100-hourly simple moving average.

What’s Next for BNB?

- As BNB breaks above the $600 level, resistance at $608 could be the next target.
- A clear move past $608 may lead to a test of $620, setting the stage for further gains.
- Potentially, BNB could test the $635 resistance if upward momentum continues.
- If price fails to breach $600, a downside correction may begin.
- Key supports to watch are at $588, $585, and $575.

As BNB navigates these crucial price levels, traders should monitor resistance and support zones closely. A breakout above $608 could lead to significant gains, while failure to maintain support may trigger declines.
https://coinpedia.org/price-prediction/bnb-binance-coin-price-prediction/

BNB recently outperformed major cryptos like Bitcoin and Ethereum, sparking investor interest ahead of the Fed meeting.

- BNB hit a 20-day peak of $561 on September 15, outperforming Bitcoin and Ethereum.

- BNB Open Interest surged, crossing $540 million as speculative traders added $82 million.

- A potential Fed rate cut could trigger increased trading and a BNB breakout toward $600.

- On-chain data shows BNB trading volume spike, benefiting from Binance's trading fee discounts.

- Rising commodity prices like Gold and Oil suggest a broader market response to inflation concerns.

BNB’s recent rally and heightened trading activity indicate strong momentum. If the Fed cuts rates, BNB could accelerate toward $600. Stay vigilant!
https://coinpedia.org/price-prediction/bnb-binance-coin-price-prediction/

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