The announcement was made on the 8th of September, as Binance now aims to situate its focus on other networks which lie in alliance with its goals. The termination will take place by the end of the month, whereby crypto users will not be able to accommodate LAND NFTS as held by the Binance Marketplace. The crypto exchange has ended its NFT staking program in connection with Sandbox and Polygon (MATIC) networks. Binance US has been undergoing many variations, whereby its chief executive officer and many other employees called it quits with the crypto firm.īinance terminates NFT staking in Sandbox and MATIC. Binance US has been dealing with a lot of resignations in wake of increased regulatory scrutiny as well as ongoing legal battle against the SEC. Sidney Majalya and Krishna Juvvadi the chief risk officer and head of the legal team respectively, have backed out from their positions of authority. The latest update shows that two more big names in Binance US have resigned from their positions amidst the ongoing SEC legal battle. Latest: Two more Binance.US executives resign amidst SEC clamor. On the other side, the four-hour price analysis is showing a downtrend, which is a discouraging sign for the buyers. As a result of the latest recovery, BNB/USD value has reached $215.5 milestone. The cryptocurrency followed a bullish trend during the day, as the buyers have remained consistent since the past week as well. The latest one-day and four-hour Binance Coin price analysis is giving out a strong bullish hint regarding today’s market events. What to expect from Binance Coin price analysis Its overall value has dropped down to 62.9 which is still above average. The RSI graph is showing a steep bearish slope because of the abrupt downturn in price. Now the upper band is present at $216.3 level whereas its lower band is situated at $211.4 end. The upper and lower values of the Bollinger Bands Indicator have changed as well. The volatility is increasing rapidly, which means that the ongoing downtrend will aggravate even further in the coming week. Furthermore, its Moving Average value has slightly decreased to $215 as well. The bullish streak has been broken successfully, as the bears lowered coin value to $215.5 during the last four hours. A strong rise in selling momentum has been recorded since the past four hours, as the sellers have stormed the market. The four-hour Binance Coin price analysis is predicting a strong bearish trend for the cryptocurrency. Binance Coin price analysis on the 4-hour chart: Price recedes back to $215 following bearish strike The Relative Strength Index (RSI) indicator is showing a strong bullish curve, whereas its value has reached 47.4. Furthermore, the value of the Bollinger Bands Indicator has shifted to $223.4 whereas its lower value as moved to $207 for now. The volatility is on the increasing side which means that the price might face bearish resistance in the upcoming days. Furthermore, its Moving Average (MA) value has increased up to $212.5 as a result of the bullish upgrade. It is expected that the current uptrend will aggravate further and BNB/USD value might go above $215.5. The cryptocurrency has been following a bullish movement since the past week as the buyers have remained quite consistent. The recent one-day Binance Coin price analysis shows an intensifying upward trend as the coin value is undergoing a rise. BNB price analysis on a daily timeframe: Bullish sweep aids BNB overcome $215 hurdle Even today, BNB/USD value hiked up to $215.5 high and is expected to upturn even further. This situation is quite favorable for the cryptocurrency buyers, as the coin value is undergoing a continual improvement. The bullish rally has been progressing forward since the past week. The latest one-day and four-hour Binance Coin price analysis for 17 September 2023 is predicting an upward trend for the day. Binance Coin price analysis predicts an uptrend.Binance Coin Price Analysis: Uptrend intensifies as BNB value elevates above $215 horizon It has a circulating supply of 153,848,228 BNB coins and the max. The current CoinMarketCap ranking is #4, with a live market cap of $33,249,556,370 USD. The current Binance coin price is $216.12 with a 24-hour trading volume of $409,784,828. What does the future hold for Binance Coin? How much is BNB worth? BNB prices have dropped by 11.65% since touching $248.9 in August 2023. BNB Price Prediction 2032 – up to $11,091.37īinance coin and the entire crypto market have again lost momentum.BNB Price Prediction 2023 – up to $307.41.10 Conclusion Binance Coin Price Prediction 2023-2032
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