BNB News 2024-08-23

10 significant events occurred in the past 24 hours.

Binance to hire 1,000 employees.

2024-08-23 16:44:58 EDT, Sentiment: 0.65

Binance plans to hire 1,000 employees this year, suggesting a potential major expansion for BNB.
Crypto Giant Binance Plans 1K-Employee Hiring Spree This Year: Full-Blown Mega Rally Incoming?

Summary: Binance plans to add 1,000 employees by the end of 2024, with 20% focused on compliance, signaling an optimistic outlook. This expansion includes increasing the compliance team to 700 by year-end, suggesting potential bullish sentiment in the crypto market.

  • Sentiment: 0.3
  • ZyCrypto @ 2024-08-23 16:44:58 EDT Read More
Crypto Giant Binance Plans 1K-Employee Hiring Spree This Year: Full-Blown Mega Rally Incoming?

Top cryptos to consider: BNB

2024-08-23 12:05:08 EDT, Sentiment: 0.5

Binance Coin is listed among the top five cryptocurrencies to consider during a market dip.
5 Best Cryptos to Consider During a Market Dip — BlockDAG, Bitcoin, Ethereum, Binance Coin, and Solana

Summary: Uncover why BlockDAG, along with Bitcoin, Ethereum, Binance Coin, and Solana, is considered a secure bet during turbulent crypto market times.

  • Sentiment: 0.0
  • Crypto Daily @ 2024-08-23 12:05:08 EDT Read More

Binance Labs invests in BNB Chain

2024-08-23 08:00:07 EDT, Sentiment: 0.8

Binance Labs is investing in four new projects on BNB Chain.
Binance Labs Invests in Four BNB Chain Projects

Summary: Binance Labs has invested in four projects from Season 7 of the BNB Chain’s Most Valuable Builder (MVB) Program, which aims to support Web3 innovation. The selected projects include Aggregata, Opinion Labs, SideKick, and Vooi, each enhancing different aspects of the BNB ecosystem.

  • Sentiment: 0.6
  • BSC News @ 2024-08-23 08:00:07 EDT Read More
Binance Labs Invests in Four BNB Chain Projects
Binance Labs to invest in four new projects on BNB Chain

Summary: Binance Labs will support Aggregata, Opinion Labs, SideKick, and Vooi in the BNB Chain Season 7 MVB program, providing resources and mentorship to these innovative projects aiming to enhance the BNB Chain ecosystem.

  • Sentiment: 0.6
  • CryptoTvplus @ 2024-08-23 10:48:23 EDT Read More
Binance Labs to invest in four new projects on BNB Chain

BNB Chain Sponsors ETHTokyo Hackathon

2024-08-23 07:10:38 EDT, Sentiment: 0.8

BNB Chain will sponsor the ETHTokyo Hackathon, offering exciting challenges.
BNB Chain to Sponsor ETHTokyo Hackathon with Exciting Challenges

Summary: BNB Chain, as a gold sponsor of ETHTokyo, will present two $2,500 challenges: one for a decentralized file management system on Greenfield and another for a decentralized loyalty program for the catering industry, fostering innovation on the BNB Chain platform.

  • Sentiment: 0.6
  • Blockchain News @ 2024-08-23 07:10:38 EDT Read More

Altcoins poised for significant gains

2024-08-23 07:00:08 EDT, Sentiment: 0.5

$BNB is among the altcoins expected to rise significantly.
Altcoins ready to rip higher - $RENDER, $INJ, $BNB, and $RUNE

Summary: Bullish posturing is taking place across the crypto market. Bitcoin is getting ready to take off, and the altcoins are preparing to follow.

  • Sentiment: 0.0
  • Crypto Daily @ 2024-08-23 07:00:08 EDT Read More

BNB Shows Strength Amid Shift

2024-08-23 05:30:00 EDT, Sentiment: 0.86

BNB holders are significantly invested as part of the "House Always Wins" revenue share model, demonstrating strong market interest.
FLOKI and BNB Show Strength Amid Market Shift

Summary: The recent launch of $CAT on Binance Smart Chain has positively impacted BNB's performance, contributing to a strong phase for the coin amid shifting market conditions and increased liquidity on chains beyond Solana.

  • Sentiment: 0.7
  • Blockchain News @ 2024-08-23 08:34:07 EDT Read More
The House Always Wins! Rollblock Holders Become the House with Insane Revenue Share Model; MATIC and BNB Holders Are Going All In

Summary: BNB's price has decreased by 3.19% today but shows potential for a trend reversal. With a market cap of $80.4 billion and recent 4.35% gains, BNB is trading at $551.32 and might reach $636.3 in the coming weeks.

  • Sentiment: 0.75
  • BlockchainReporter @ 2024-08-23 05:30:00 EDT Read More
The House Always Wins! Rollblock Holders Become the House with Insane Revenue Share Model; MATIC and BNB Holders Are Going All In

CZ's move could boost BNB.

2024-08-23 04:45:15 EDT, Sentiment: 0.7

Binance founder CZ's transfer from prison to a halfway house may signal a bullish trend for BNB.
Binance founder CZ moved from prison – Will his release trigger BNB’s bull run?

Summary: CZ’s transfer to a halfway house led to a 3.46% surge in BNB’s price, reflecting bullish market sentiment. With BNB’s market cap at $84.4 billion and potential upcoming developments, CZ’s full release could further boost BNB’s value.

  • Sentiment: 0.65
  • AMBCrypto @ 2024-08-23 04:45:15 EDT Read More
Binance founder CZ moved from prison – Will his release trigger BNB’s bull run?
Former Binance CEO Changpeng Zhao Moved From Federal Prison to Halfway House, BNB Price Signals Bullish...

Summary: The Binance ecosystem has continued to build necessary infrastructures to onboard more Web3 users and developers in a regulated environment.

  • Sentiment: 0.0
  • Coinspeaker @ 2024-08-23 07:19:08 EDT Read More
No More Prison For Binance Founder Changpeng ‘CZ’ Zhao?

Summary: Following rumors of Binance founder Changpeng Zhao's release from prison, Binance Coin (BNB) surged, likely due to Zhao's significant BNB holdings. Despite the speculation, Zhao remains in a Residential Reentry Management facility and is still serving his sentence.

  • Sentiment: 0.2
  • The Coin Republic @ 2024-08-23 08:48:07 EDT Read More
No More Prison For Binance Founder Changpeng ‘CZ’ Zhao?

BNB Price Surge Nears $600

2024-08-23 04:00:00 EDT, Sentiment: 0.76

BNB resumes its upward trend and is approaching the $600 mark, with significant price surges and potential for further gains if it breaks above the 100-day moving average.
BNB Resumes Upward Trend But Faces The $600 Mark

Summary: BNB price is currently $582, breaking above moving averages with a bullish outlook. It faces resistance at $600; if surpassed, it could rise to $635. Failure to breach $600 may result in a sideways trend or decline below $470 support.

  • Sentiment: 0.3
  • CoinIdol @ 2024-08-23 04:00:00 EDT Read More
BNB Resumes Upward Trend But Faces The $600 Mark
BNB Price Analysis: Why Is the BNB Price Surging?

Summary: BNB's price surge is driven by Binance's expansion of its compliance team to bolster investor confidence, anticipation of U.S. interest rate cuts boosting crypto demand, and a wave of short liquidations. However, technical indicators suggest potential near-term resistance and volatility.

  • Sentiment: 0.8
  • CryptoTicker @ 2024-08-23 10:02:07 EDT Read More
BNB Price Analysis: Why Is the BNB Price Surging?
Long BNB: Breaking above 100 day MA could send BNB price higher to test the upper bound of rectangle range

Summary: Long BNB: Breaking above 100 day MA could send BNB price higher to test the upper bound of rectangle range. This signal is for paying members only.

  • Sentiment: 0.0
  • Invezz @ 2024-08-23 12:15:08 EDT Read More
BNB Investor Turns $1.46M Into $4.45M In Just Five Hours Amid Crypto Market Revival

Summary: BNB has surged over 10% recently, trading at $579.93, with predictions it could reach $601 by August 25, 2024. Analysts are optimistic about further gains, with a potential rise towards $1,000 if BNB surpasses its previous all-time high of $718.3.

  • Sentiment: 0.9
  • TronWeekly @ 2024-08-23 16:30:00 EDT Read More
BNB Investor Turns $1.46M Into $4.45M In Just Five Hours Amid Crypto Market Revival

Binance Coin Aiming for ATH

2024-08-23 02:00:45 EDT, Sentiment: 0.77

Experts forecast new highs for Binance Coin (BNB) and Toncoin (TON) post-US elections.
Why Binance Coin can be the next altcoin to reach a new ATH

Summary: BNB is nearing a new all-time high, having recovered 44.11% from August lows, trading at $583. This performance is driven by Binance Smart Chain’s expansion with new projects, increasing demand for BNB, and a recovery in BSC’s total value locked (TVL).

  • Sentiment: 0.6
  • AMBCrypto @ 2024-08-23 02:00:45 EDT Read More
Why Binance Coin can be the next altcoin to reach a new ATH
Three reasons why Binance Coin looks set to rally

Summary: Binance Coin (BNB) has risen 10% this week, driven by Binance Labs' investment in crypto startups, a significant increase in BNB DEX trading volume, and the highest daily revenue since early June, despite concerns over decreasing development activity.

  • Sentiment: 0.3
  • FXStreet @ 2024-08-23 03:49:05 EDT Read More
Three reasons why Binance Coin looks set to rally
Crypto Price Analysis August-23: ETH, XRP, ADA, BNB, and SOL

Summary: Binance Coin (BNB) experienced an 11% price increase this week, confirming support at $500 and moving in a clear uptrend. The next target is $600, with potential to reach an all-time high of $700, supported by bullish indicators.

  • Sentiment: 0.3
  • CryptoPotato @ 2024-08-23 04:58:30 EDT Read More
Crypto Price Analysis August-23: ETH, XRP, ADA, BNB, and SOL
Binance Coin Targets $710 Amid Strong Recovery Week

Summary: Binance Coin surged 25% in seven days and is challenging key resistance levels, with a potential to reach $710. The coin's bullish trend is supported by a double bottom pattern and positive technical indicators, suggesting further gains.

  • Sentiment: 0.8
  • The Crypto Basic @ 2024-08-23 09:44:08 EDT Read More
Binance Coin Targets $710 Amid Strong Recovery Week
Three High-Reward Cryptos To Buy for The Coming Bull Market — Ripple, Binance Coin, and Intel Markets

Summary: BNB Chain will celebrate its 4th anniversary with a “BNB Day” on September 1, featuring events and prizes. Analysts predict Binance Coin’s value could increase to $772, despite current sell signals. The upcoming bull run is expected to boost BNB sentiment.

  • Sentiment: 0.85
  • Crypto News Flash @ 2024-08-23 09:16:01 EDT Read More
Three High-Reward Cryptos To Buy for The Coming Bull Market — Ripple, Binance Coin, and Intel Markets
BNB and Dogecoin Whales Gobble Up This Dual-Chained Altcoin Aiming to Revolutionize Trading | Bitcoinist.com

Summary: Binance Coin (BNB), a top cryptocurrency, saw a significant price drop from a high of $720 in June to just above $500. Despite this, forecasts suggest BNB could rise to $600 by the end of the month.

  • Sentiment: 0.7
  • Bitcoinist @ 2024-08-23 09:00:22 EDT Read More
BNB and Dogecoin Whales Gobble Up This Dual-Chained Altcoin Aiming to Revolutionize Trading | Bitcoinist.com
BTC, BNB, TRX Price Predictions for This Weekend

Summary: BNB saw a 12% increase this past week, with the price surging from $500 to $580. The next targets are $600 and potentially an all-time high of $700 if the bullish trend continues.

  • Sentiment: 0.6
  • CryptoPotato @ 2024-08-23 10:19:50 EDT Read More
BTC, BNB, TRX Price Predictions for This Weekend
Experts Forecast New Highs For Binance Coin (BNB) And Toncoin (TON) Post-US Elections; DTX Braces for L1 |

Summary: Binance Coin (BNB) has recently lost traction amid an SEC lawsuit, leading to a 7.77% drop in its trading volume. Investors are cautious, with many turning to other altcoins while awaiting the lawsuit's resolution.

  • Sentiment: -0.2
  • Bitcoinist @ 2024-08-23 13:35:17 EDT Read More
Experts Forecast New Highs For Binance Coin (BNB) And Toncoin (TON) Post-US Elections; DTX Braces for L1 |
Tron (TRX) Hits The Crypto Top 10 As Rollblock's (RBLK) Registrations Hits 9000. Is Binance Coin (BNB) On Route To An ATH?

Summary: Binance Coin (BNB) is poised to break its all-time high, potentially surpassing $700, as increased traffic on the exchange and bullish market conditions drive its growth. However, a new lawsuit against Binance may moderate its rise.

  • Sentiment: 0.8
  • Crypto Reporter @ 2024-08-23 14:02:24 EDT Read More
Tron (TRX) Hits The Crypto Top 10 As Rollblock's (RBLK) Registrations Hits 9000. Is Binance Coin (BNB) On Route To An ATH?

Binance promotion lawsuit settled.

2024-08-22 23:52:16 EDT, Sentiment: 0.4

Miami Heat star Jimmy Butler and YouTuber BitBoy Crypto resolved a $340K lawsuit over a Binance promotion.
REPORT: Miami Heat Superstar Jimmy Butler And Famous YouTuber BitBoy Crypto Settle $340K Binance Promotion Lawsuit

Summary: Jimmy Butler and YouTube influencer Ben Armstrong settled a lawsuit for $340,000, accused of promoting unregistered securities via Binance. The lawsuit, also targeting Binance and its co-founder, claimed violations involving Binance’s BNB token and BUSD stablecoin.

  • Sentiment: -0.2
  • Total Pro Sports @ 2024-08-22 23:52:16 EDT Read More
REPORT: Miami Heat Superstar Jimmy Butler And Famous YouTuber BitBoy Crypto Settle $340K Binance Promotion Lawsuit
updatedupdated2024-08-232024-08-23