For a while, Binance Coin (BNB) has been traveling in the low-price region. The bulls made several attempts of pushing the price of Binance Coin over $399.7, which is the 50-day EMA. Finally, the bulls did manage to push Binance Coin over the particular mark before it ended up experiencing a rebound. The bulls were…
Category: Binance Coin (BNB)
SEC Investigating Binance due to Links with Two Market Makers
According to a report from the Wall Street Journal, Binance US is currently being investigated by the US Securities and Exchange Commission (SEC). The said investigation is because of the crypto exchange’s relationship with two prominent market makers. The report indicated that the SEC suspects that the chief executive of Binance, Changpeng Zhao (CZ) is…
Price Analysis for Binance Coin (BNB) Shows It May Plummet to $250
It was on January 25, 2022, when the price of Binance Coin (BNB) started showing a sign of recovery. As Binance Coin came on the right track, its price started recovering and hinted that it would come close to $400. Unfortunately, the bulls were not able to keep up with their efforts and soon gave…
Should You Buy Cryptocurrencies During This Dip?
Top digital coins, including Ethereum and Bitcoin, dropped their values with double-digits as concerns and profit-taking translated to an almost one billion dollar worth of liquidation among the cryptocurrency market. Time for dip-buying? The pre-Christmas crash in the crypto markets agitated investors, diminishing their risk appetite. The digital coin market is the latest to suffer…