Binance Coin News (BNB) - Page 6

Binance Coin [BNB] moves to 14th position pushing Neo to 15th in terms of market cap
The industry is flooded with crypto coins and tokens and many of them are gung-ho on their future. But not all cryptocurrency has been able to find a use case. That?s what makes Binance coin different from others as the coin had a use case from the day one it entered the market in July 2017. Since then, the coin has been rewarded well by the investors and today it has moved to the number 14 position in terms of market cap. Binance Coin an ERC 20 token issued by Binance exchange, and trades with the BNB symbol. The coin was launched in 2017 with a definite use case, to reduce the brokerage of traders who used this coin to pay their trading fees. As the coin developed and gained importance, its use case of BNB also stated expanding. According to the recent post put up by Binance, the exchange has listed down some uses cases. They are
October 05, 2018 7:20 PM

The China Ban Might Have Helped Binance Become The Largest Crypto Exchange In The World
This is quite a paradox. When Binance exchange made its debut, it was just another crypto exchange out there which was promising users an exposure to the most important cryptos. Now, in Q4 of 2018, the exchange platform became the world?s largest crypto exchange by trading volume. To achieve this, it followed quite a simple strategy ? it avoided China. Ironically the exchange was founded in Hong Kong, but it made sure to stay away from the Chinese mainland and instead it kept its focus on territories that have already adopted the crypto and the whole blockchain revolution. Binance was launched back in July 2017 just around the same time when China turned really hostile towards its local crypto markets, and it started cracking down on exchanges and miners as well.
October 04, 2018 3:05 PM

Binance Coin (BNB) Price Prediction by the End of the Year: Can We See BNB Back at Its Peak Again Crypto Recorder
Binance Coin (BNB) is a rather unique currency when compared to other similar assets in the market. This is the case because Binance Coin was issued by one of the largest exchange markets currently operating with cryptocurrencies, Binance. Binance, as noted back in June of the current year, has around 9 million users across the globe, alongside with having Binance listings affecting added currencies to rise up by at least 80% at the time of the listing. All in all, Binance makes up for one of the most popular and more successful exchange platforms so it is no wonder that Binance Coin (BNB) has a similar faith with over 1.2 billion dollars in market capitalization.
October 04, 2018 6:57 AM

Binance Coin Passes NEO and Ethereum Classic As New Details on Binance Chain Emerge | The Daily Hodl
Binance Coin (BNB) has now passed both NEO and Ethereum Classic (ETC) in market cap and stands as the 14th largest cryptocurrency, according to CMC. The rise in the rankings comes after a new announcement from Binance founder and CEO Changpeng Zhao, who recently revealed that BNB will be used to pay for fees on Binance Chain, the company?s decentralized exchange. Zhao says the launch of Binance Chain is now on the horizon. Just had a productive meeting for #Binance #DEX (decentralized exchange), where $BNB will be native gas, and the exchange don't control user funds. Aiming for a public beta end of the year/early next year. Yes, we work on Saturdays, non stop!
October 03, 2018 4:45 PM

Binance to Open Security Token Trading Platform in Malta
Security token advocates have much to celebrate this month. The crypto giant Binance announced a strategic partnership with the Malta Stock Exchange to develop a new blockchain platform. According to local news agencies, Binance seeks to establish a security token exchange and decentralized bank within the country. Considering that Malta is one of the best locations in the world for blockchain start-ups, the maneuver makes a lot of sense. News first came of the partnership via a press conference directly following the signing of a memorandum of understanding. Malta Today reported that in discussing the agreement, Malta?s Finance Minister, Edward Scicluna called blockchain ?revolutionary.? He went as far as to say Malta would be ?crazy? not to increase their stance in the crypto space.
October 03, 2018 9:39 AM

Binance CEO: The Bull Market will Return, October to December will be the Good Months
Please use WeChat scan two-dimensional code login September 26, Changpeng Zhao (CZ), the co-founder and CEO of world?s leading cryptocurrency exchange Binance, believes the bull market will return in ?any minute? and expects a bright end to the year. In an interview with CryptoGlobe, CZ demonstrated his point of view on the future of Binance and predicted the next bull run for Bitcoin. CZ said that he has learned about cyptocurrency from Bobby Lee, co-founder and Ron Cao, founder of Sky9 Capital since 2013. This is his fifth year exploring the crypto world and he believes the decentralized exchange is the future.
September 28, 2018 8:05 AM

Binance Coin's (BNB) Supply to be Increased on Coinmarketcap says CEO Changpeng Zhao - Blockmanity
CEO of Binance just tweeted that the unlocked balances of the creator?s addresses will be moved which will end up correcting the supply of $BNB from 112,443,301 to 144,443,301 BNB on Coinmarketcap. To fix $BNB circulating supply the way CMC calculates, we will move the unlocked balances out of the creator's addresses over next few days, in small txs as to avoid big fluctuations as suggested by CMC. And reach the final correct circulating supply of 144,443,301 $BNB on CMC. ? CZ Binance (@cz_binance) September 22, 2018 So during the creation of a token like BNB, the creators, in this case, Binance had tokens locked up in certain creator addresses. So it means that the circulating supply shown on Coinmarketcap is inaccurate as the creator tokens were not considered.
September 22, 2018 2:05 PM

Binance coin summary - BNB will probably stay one of the most stable cryptocurrencies on the market | CaptainAltcoin
Binance Coin has been known as one of the most stable currencies on the market, mostly due to it having an actual use case on one of the most popular crypto related platforms out there. The currency peaked at $14.46/195333 satoshi on August 4th and has since fallen off. We saw it drop pretty strongly on August 11th, bottoming out on 14th with the price of $8.85/147174 satoshi. The BTC value hovered between 150/160 thousand satoshi ever since, with the USD value ?suffering? some stronger movements. Currently one BNB can be purchased for $10.52 USD (6.47% rise in the last 24 hours)/153072 satoshi (1.47% rise in the last 24 hours). Daily trade volume of 3,170 BTC is mostly tied to Binance. The market cap of $1,108,950,308 places Binance Coin as the 16th most valuable cryptocurrency on the market.
September 21, 2018 12:43 PM

Binance, Coinbase on Hiring Spree Despite Bear Market, Sign of Growth
Binance and Coinbase, two of the largest cryptocurrency exchanges in the world by user base and daily trading volume, are on a hiring spree despite the 80 percent correction the crypto market experienced throughout 2018. Speaking to Bloomberg, Binance?s Chief Financial Officer Wei Zhou stated that the company is hiring 50 new employees in its headquarters in Malta while also recruiting new hires for the firm?s first fiat-to-crypto exchange in Singapore. The Malta-based multi-billion dollar company, which already has more than 300 people across 39 countries, is soon expected to expand its team to over 350 employees.
September 21, 2018 2:13 AM

Binance CEO Zhao: Crypto Market Will 'Absolutely' Grow 1000x and More
Changpeng Zhao, the CEO of Binance better recognized as CZ, has said that crypto still has room to grow by more than a thousand times in the years to come. Earlier this week, as CCN reported, Ethereum co-creator Vitalik Buterin stated that while the cryptocurrency sector as an industry can grow by a thousand-fold, it is unrealistic to expect the price of cryptocurrencies to see 1,000-fold gains in the future. ?The blockchain space is getting to the point where there?s a ceiling in sight. If you talk to the average educated person at this point, they probably have heard of blockchain at least once. There isn?t an opportunity for yet another 1,000-times growth in anything in the space anymore,? he said.
September 13, 2018 7:48 PM

Binance Coin [BNB] Technical Analysis and Price Prediction 2018, 2020 | BCFocus
Allow to send web push notifications to your desktop. Binance Coin is struggling to maintain its upward momentum, however marginal. The cryptocurrency market is experiencing yet another bearish session, though some coins have managed to remain in the green. Binance Coin, however, could see its value dip even more as selling pressures force the crypto to give up its gains. The altcoin is experiencing some selling, with BNB sliding below a key support level, which can be found at $10.15. At present, the virtual currency is facing resistance at $10.21. However, the crypto has already edged below the $10 mark and will likely struggle to push past the bearish trends.
September 07, 2018 8:30 PM

Binance coin [BNB] Technical Analysis and Price Prediction 2018, 2020 | BCFocus
Allow to send web push notifications to your desktop. The crypto market rejoices as Bitcoin and a vast majority of altcoins are changing hands in green. Binance coin is up by 2% in the market and is exhibiting a stable uptrend and is heading towards its major resistance level set at $14. BNB has broken out from major support levels and is currently trading at $11.44. The prices found support at $10.88 and began a steady rise.  The prices have broken out from the current resistance level traced at $11.142. The prices are eyeing the $14 handle which is a major resistance level. The 100 EMA line trading at $10.608 is exhibiting an uptrend. The MACD is signifying a bullish momentum for the prices. The hourly RSI indicator is at 69 which expresses a strong bullish market.
August 28, 2018 11:30 PM

'90% of Binance's Employees Choose to Receive Salary in BNB Tokens'
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August 20, 2018 1:41 PM

Binance LCX Announces Fiat-to-Crypto Exchange for Crypto Investors (speculation: xrp, bch, eth included)
(Vaduz, Liechtenstein???August 16th 2018)???Binance LCX, a joint venture between Binance and LCX, is announcing the launch of a fiat-to-crypto exchange in Liechtenstein today. The experienced team at Binance will provide and maintain the technology platform, while Binance LCX manages customer support, legal requirements, due diligence, KYC, AML and government communication. Binance LCX plans to build up a team of 10?15 people for its Liechtenstein office and will immediately start the hiring process. The exchange will offer trading between Swiss Francs (CHF) and Euros (EUR) against major cryptocurrencies pairs, and add more trading pairs overtime subject to regulatory approval.
August 17, 2018 10:13 AM

What Is Binance Coin Introduction To BNB Token | Crypto Briefing
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August 09, 2018 11:18 PM

Vitalik Buterin, Binance CEO Zhao bat for decentralized exchanges
Allow to send web push notifications to your desktop. Vitalik Buterin, co-founder of Ethereum, and Binance CEO Changpeng Zhao agree on the fact that decentralized exchanges are the way to go. Though Zhao has highlighted the fact that centralized exchanges are important to the growth of the industry, he has stated that he is ?all for blockchain/decentralization/freedom.? Last month, at a TechCrunch event, Vitalik Buterin made some pretty heated statements regarding centralized exchanges, where he said he hoped that they ?? go burn in hell as much as possible.? He believes that centralized exchanges exist because they are working as an interface between the fiat world and cryptocurrencies, and ?the fiat world only has centralized gateways.?
August 09, 2018 11:21 AM

Binance CEO CZ Thinks Ethereum Will Win the Blockchain Race
CZ recently shared his take on the current state of the industry, emphasizing that the major exchange players can coexist. Note: The article initially stated that CZ saw Ethereum as the future winner of the blockchain race. Edits to the article were made to better reflect CZ?s opinion of Ethereum?s long-term competitiveness.  Binance CEO Changpeng ?CZ? Zhao sees no competition in Coinbase, as he believes the industry is primed for multiple major players to coexist. In a recent interview with Fortune, CZ broke down the current state of the industry. Citing the ongoing efforts from both a regulatory and technological standpoint, CZ emphasized the relationship between major exchanges is far more harmonious than many might expect.
August 05, 2018 5:20 AM

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