binancecoin
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# $BNB
#binancecoin exits #AscendingChannel but maintains #UpwardTrend 🧐
Price reclaims $495 support zone, and now trading above it📈
Strong demand zone increases likelihood of push to $650-$850✈️
#BinanceTurns7 #SOFR_Spike
#binancecoin exits #AscendingChannel but maintains #UpwardTrend 🧐
Price reclaims $495 support zone, and now trading above it📈
Strong demand zone increases likelihood of push to $650-$850✈️
#BinanceTurns7 #SOFR_Spike
$BNB at Critical Daily Support🚨
The #binancecoin needs to hold this level, otherwise we will go to price around the $400
#BNB
The #binancecoin needs to hold this level, otherwise we will go to price around the $400
#BNB
Binance Prevails in US Federal Court Battle Against SEC!
As a @DAO Labs #SocialMining Community Member, I am joining in the celebration! In a landmark ruling, a US federal court has dealt a significant blow to the Securities and Exchange Commission SEC by rejecting its core claims against @Binance The court’s decision has far-reaching implications for the #crypto industry, signaling a major victory for #Binance and the broader #Cryptocommunity
Key Takeaways
Crypto Tokens Not Automatically Securities The court ruled that crypto-tokens, including #binancecoin $BNB cannot be automatically classified as securities
This decision challenges the SEC’s longstanding position and provides clarity for market participants.
BUSD Stablecoin Cleared: The court outright rejected the argument that Binance USD (BUSD), the exchange’s stablecoin, qualifies as an investment contract. This paves the way for BUSD’s continued use without regulatory overhang.
Partial Remand for Further Consideration: While Binance emerged victorious on several fronts, some of the SEC’s claims were remanded for further examination.
Key Takeaways
Crypto Tokens Not Automatically Securities The court ruled that crypto-tokens, including #binancecoin $BNB cannot be automatically classified as securities
This decision challenges the SEC’s longstanding position and provides clarity for market participants.
BUSD Stablecoin Cleared: The court outright rejected the argument that Binance USD (BUSD), the exchange’s stablecoin, qualifies as an investment contract. This paves the way for BUSD’s continued use without regulatory overhang.
Partial Remand for Further Consideration: While Binance emerged victorious on several fronts, some of the SEC’s claims were remanded for further examination.
$BNB
Thanks to $BTC
#binancecoin ranging on the given levels! Just waiting for BTC to show a few green candles ✅️
Hope to see some positive movement in coming days ❤️
#btc #bitcoin #altcoins #TopCoinsJuly2024
$ETH
Thanks to $BTC
#binancecoin ranging on the given levels! Just waiting for BTC to show a few green candles ✅️
Hope to see some positive movement in coming days ❤️
#btc #bitcoin #altcoins #TopCoinsJuly2024
$ETH
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$BNB PUMPING LIKE CRAZY
#BNB has been rising fast in the few weeks and we are close to a new All Time High.
We already hit the $600 today, but when do you think the #binancecoin hit a new ATH ?
#HotTrends
#BNB has been rising fast in the few weeks and we are close to a new All Time High.
We already hit the $600 today, but when do you think the #binancecoin hit a new ATH ?
#HotTrends
$BNB BREAKING OUT LIKE EXPECTED 📈
This pattern on the Daily Timeframe finally broke Bullish for #BNB
We need to see a close of this daily candle outside of the formation to confirm the break out.
After that, we might see a retest to turn previous resistance into support.
#binancecoin
This pattern on the Daily Timeframe finally broke Bullish for #BNB
We need to see a close of this daily candle outside of the formation to confirm the break out.
After that, we might see a retest to turn previous resistance into support.
#binancecoin
$AI
SAI meets SUSDT, asks, how's the weather up there? USDT grins, 'stable as usual. AI rolls his eyes, oh, how I wish I could say the same! #TradeNTell #TrendingTopic #AI #usdt #binancecoin
SAI meets SUSDT, asks, how's the weather up there? USDT grins, 'stable as usual. AI rolls his eyes, oh, how I wish I could say the same! #TradeNTell #TrendingTopic #AI #usdt #binancecoin
Dear Binance Team, I wanted to express my heartfelt gratitude for the amazing prize box I received! Your generosity and commitment to your users are truly appreciated. The thoughtful selection of items, including exclusive merchandise, educational materials, and perhaps even some crypto surprises, has made this experience even more memorable. It's a testament to Binance's dedication to its community. Thank you for creating such a delightful and rewarding prize box. I'm thrilled to be a part of the Binance family and look forward to continued success and innovation together. Best regards, FR33TaXCrypto
#binance
#binanceexchange
#binancesmartchain
#binancecoin
#binancetradingbot
$BNB
#binance
#binanceexchange
#binancesmartchain
#binancecoin
#binancetradingbot
$BNB
🚀 Breaking News: Binance Coin Soars to New Heights at $342.65 with ADA and XRP Trading Frenzy!
In a bold move echoing confidence and strategic acumen, Binance, the crypto industry's juggernaut, has shattered barriers, announcing the addition of ADA/USDC and XRP/USDC trading pairs effective December 28 at 08:00 UTC. This groundbreaking decision not only diversifies Binance's trading options but solidifies its standing as a pivotal player in the crypto market.
🔄 Diversification in Action: ADA and XRP Join the Fray
The ADA/USDC listing, amidst ongoing regulatory uncertainties surrounding Cardano, reflects Binance's unwavering confidence in the protocol founded by Charles Hoskinson. It's a calculated endorsement, showcasing Binance's belief in Cardano's promising future.
Simultaneously, the inclusion of XRP/USDC, backed by recent regulatory clarity affirming XRP's non-investment contract status, demonstrates Binance's strategic prowess. This move serves a dual purpose - bolstering ADA while capitalizing on the regulatory certainty surrounding XRP.
🌐 Navigating Regulatory Storms: Binance's Strategic Response
As Binance grapples with heightened regulatory scrutiny, highlighted by a significant settlement with the U.S. Department of Justice (DoJ) and other agencies, the exchange unveils a tactical response. While expanding its portfolio with ADA and XRP, Binance is streamlining its offerings by delisting underperforming pairs like APE/BNB and APE/EUR.
This strategic approach underscores Binance's commitment to maintaining a balanced and compliant trading environment amidst a complex regulatory landscape. It's a testament to Binance's resilience and adaptability in the face of evolving challenges.
🚀 Stay Tuned for More Updates as Binance Continues to Shape the Future of Crypto Trading!
#BinanceChallenge #binancecoin #BinanceChristmas #cryptocurrency #crypto2023
In a bold move echoing confidence and strategic acumen, Binance, the crypto industry's juggernaut, has shattered barriers, announcing the addition of ADA/USDC and XRP/USDC trading pairs effective December 28 at 08:00 UTC. This groundbreaking decision not only diversifies Binance's trading options but solidifies its standing as a pivotal player in the crypto market.
🔄 Diversification in Action: ADA and XRP Join the Fray
The ADA/USDC listing, amidst ongoing regulatory uncertainties surrounding Cardano, reflects Binance's unwavering confidence in the protocol founded by Charles Hoskinson. It's a calculated endorsement, showcasing Binance's belief in Cardano's promising future.
Simultaneously, the inclusion of XRP/USDC, backed by recent regulatory clarity affirming XRP's non-investment contract status, demonstrates Binance's strategic prowess. This move serves a dual purpose - bolstering ADA while capitalizing on the regulatory certainty surrounding XRP.
🌐 Navigating Regulatory Storms: Binance's Strategic Response
As Binance grapples with heightened regulatory scrutiny, highlighted by a significant settlement with the U.S. Department of Justice (DoJ) and other agencies, the exchange unveils a tactical response. While expanding its portfolio with ADA and XRP, Binance is streamlining its offerings by delisting underperforming pairs like APE/BNB and APE/EUR.
This strategic approach underscores Binance's commitment to maintaining a balanced and compliant trading environment amidst a complex regulatory landscape. It's a testament to Binance's resilience and adaptability in the face of evolving challenges.
🚀 Stay Tuned for More Updates as Binance Continues to Shape the Future of Crypto Trading!
#BinanceChallenge #binancecoin #BinanceChristmas #cryptocurrency #crypto2023
🚀🚀🚀#binancecoin price hovers around $300, unbothered by the potential spot #BitcoinETF💰💰💰 approval
Binance Coin (BNB) experienced a nearly 7% decline in the past four days, settling around the $300 mark, despite the ongoing anticipation of SEC's approval for spot Bitcoin ETFs within the next 48 hours, a crucial event expected to impact the entire market.
The unexpected dip in Binance Coin's price, down over 1% in the last 24 hours & a cumulative 6% in the past four days, brought the altcoin close to a significant support line at $297. This level has served as both support & resistance for BNB since late December following a rapid 23% rally in 48 hours.
SEC approval for spot $BTC ETFs could be a bullish catalyst, countering bearish signals. Despite mild #RSI & #MACD indications, BNB's recovery potential remains, backed by positive market cues.
However, the scenario might shift if capital flows out of the altcoin market & into Bitcoin. In such a case, BNB & other altcoins could experience a short-term correction, possibly pushing BNB below the $297 support line to test $280.
Cryptocurrency Metrics FAQs:
1. Circulating Supply:
The total number of tokens that can be issued is determined by the cryptocurrency's creator. This supply may change through mechanisms like mining or burning tokens. Circulating supply is the number of tokens actively available in the market.
2. Market Capitalization:
Market cap is calculated by multiplying the circulating supply of a cryptocurrency by its current market value. It provides an overall valuation of the cryptocurrency market.
3. Trading Volume:
Trading volume measures the total number of tokens exchanged between buyers & sellers within a specified period, such as 24 hours. It helps gauge market sentiment & demand for a particular asset.
4. Funding Rate:
The funding rate aligns perpetual contract prices with spot markets, with positive rates favoring long positions & negative rates favoring short positions. This mechanism ensures convergence between future & index prices.
Source - fxstreet.com
#BNB🔥 $BNB
Binance Coin (BNB) experienced a nearly 7% decline in the past four days, settling around the $300 mark, despite the ongoing anticipation of SEC's approval for spot Bitcoin ETFs within the next 48 hours, a crucial event expected to impact the entire market.
The unexpected dip in Binance Coin's price, down over 1% in the last 24 hours & a cumulative 6% in the past four days, brought the altcoin close to a significant support line at $297. This level has served as both support & resistance for BNB since late December following a rapid 23% rally in 48 hours.
SEC approval for spot $BTC ETFs could be a bullish catalyst, countering bearish signals. Despite mild #RSI & #MACD indications, BNB's recovery potential remains, backed by positive market cues.
However, the scenario might shift if capital flows out of the altcoin market & into Bitcoin. In such a case, BNB & other altcoins could experience a short-term correction, possibly pushing BNB below the $297 support line to test $280.
Cryptocurrency Metrics FAQs:
1. Circulating Supply:
The total number of tokens that can be issued is determined by the cryptocurrency's creator. This supply may change through mechanisms like mining or burning tokens. Circulating supply is the number of tokens actively available in the market.
2. Market Capitalization:
Market cap is calculated by multiplying the circulating supply of a cryptocurrency by its current market value. It provides an overall valuation of the cryptocurrency market.
3. Trading Volume:
Trading volume measures the total number of tokens exchanged between buyers & sellers within a specified period, such as 24 hours. It helps gauge market sentiment & demand for a particular asset.
4. Funding Rate:
The funding rate aligns perpetual contract prices with spot markets, with positive rates favoring long positions & negative rates favoring short positions. This mechanism ensures convergence between future & index prices.
Source - fxstreet.com
#BNB🔥 $BNB
$BNB Retest like I expected !
#BNB is currently retesting previous resistance as support.
This was exactly what I expected!
This retest is a perfect place for a ..... ?
#binancecoin
#BNB is currently retesting previous resistance as support.
This was exactly what I expected!
This retest is a perfect place for a ..... ?
#binancecoin
BNB Bullish Breakthrough: Charging Towards $400 📈
Charting the course on the daily chart, #BNB/USDT has been building a strong base over the past two months, comfortably settling in the $280-$330 range. This period of steady accumulation has set the stage for an impressive breakout. With a bold jump past the $333 mark, $BNB has not only shattered its 2024 yearly #ATH but is now marching towards the $400 milestone—a target that seemed a distant dream just weeks ago.
Currently standing tall at $357, the momentum behind it is palpable. The volume pouring into Binance native token reaffirms its bullish stance, painting a picture of confidence and strength. This surge in volume isn't just noise; it's a symphony of investor interest and market validation, propelling $BNB into the spotlight.
With the winds of a breakout at its back, BNB ahead looks promising. The path toward $400 appears less like a dream and more like a destination within reach. As #BNB/USDT takes the spotlight, everyone's watching to see how high it'll climb. Will it hit new peaks or pause for a moment? Time will show us, but for now, keep an eye on #binancecoin and stay smart with your trades. This isn't financial advice, just a trader take on the market pulse. Stay alert!
#Write2Earn
Charting the course on the daily chart, #BNB/USDT has been building a strong base over the past two months, comfortably settling in the $280-$330 range. This period of steady accumulation has set the stage for an impressive breakout. With a bold jump past the $333 mark, $BNB has not only shattered its 2024 yearly #ATH but is now marching towards the $400 milestone—a target that seemed a distant dream just weeks ago.
Currently standing tall at $357, the momentum behind it is palpable. The volume pouring into Binance native token reaffirms its bullish stance, painting a picture of confidence and strength. This surge in volume isn't just noise; it's a symphony of investor interest and market validation, propelling $BNB into the spotlight.
With the winds of a breakout at its back, BNB ahead looks promising. The path toward $400 appears less like a dream and more like a destination within reach. As #BNB/USDT takes the spotlight, everyone's watching to see how high it'll climb. Will it hit new peaks or pause for a moment? Time will show us, but for now, keep an eye on #binancecoin and stay smart with your trades. This isn't financial advice, just a trader take on the market pulse. Stay alert!
#Write2Earn
#BNB/USDT analysis-
A bounce from the ascending support is observed
potentially reaching its ATH of $691.8
$BNB #BNBChain #BNB #binancecoin #altcoins
A bounce from the ascending support is observed
potentially reaching its ATH of $691.8
$BNB #BNBChain #BNB #binancecoin #altcoins
BNB Trade Setup
Few days ago, Binance coin broke out bull flag on D1 and hit its targets at previous highs and still looking bullish on D1, W1 and H4.
Last major resistance was at $358 which is now broken and technically next target are previous highs at $400 and $430 on D1 and w1 respectively.
Current Trade Plan
Perfect entry would be around $353 however, from personal experience I don't see price going back in that region any time soon, hence market entry (at $362) with small amount would be a good grab here with the second entry at the mentioned point. SL would be right below HL at $347 for short term traders, for swing traders, no need of putting SL till it goes down to $292 with the target 1 being $400 and target 2 at $430.
#BNBUSDT #TrendingTopic #binancecoin #BTC; #tradesetup
Last major resistance was at $358 which is now broken and technically next target are previous highs at $400 and $430 on D1 and w1 respectively.
Current Trade Plan
Perfect entry would be around $353 however, from personal experience I don't see price going back in that region any time soon, hence market entry (at $362) with small amount would be a good grab here with the second entry at the mentioned point. SL would be right below HL at $347 for short term traders, for swing traders, no need of putting SL till it goes down to $292 with the target 1 being $400 and target 2 at $430.
#BNBUSDT #TrendingTopic #binancecoin #BTC; #tradesetup
#BNB possible 4th wave triangle scenario. Rally to 1000$BNB @Binance @Binance Square Official
#binancecoin
#binancecoin
