Can Binance Coin's [BNB] increased adoption help it beat the bears?

Binance Coin BNB posted its weekly metrics on 4 February, mentioning a few of the chain's notable statistics. As per the latest data, BNB's weekly transactions exceeded 17 million, while the daily average transaction remained at 2.87 million.

Read in Full:

Timeline of Bnb

How to Buy BNB on MetaMask - CryptoGlobe

Binance Coin (BNB) is a cryptocurrency made by the popular cryptocurrency exchange Binance. What many cryptocurrency investors don't know is that it's possible to buy BNB on MetaMask, and interact with decentralized applications on the BNB Chain using the wallet.

Binance Announces New Decentralized Storage System Based on the BNB Chain - The Daily Hodl

The world's leading crypto exchange by volume is announcing a new decentralized storage system based on its native blockchain. In a recent announcement, Binance reveals a Whitepaper for BNB Greenfield, a three-piece Web3-enabled data storage protocol built on top of the BNB Chain.

Binance burns 16m worth of BNB tokens; transitions from the ERC20 version of BNB to the BEP2 - Cryptopolitan

The Binance team declared on Sunday that it had burned more than 16 million BNB (ERC-20) tokens. The crypto exchange also revealed that it is migrating the ERC20 version of BNB to the native (BEP2) version.


Binance Coin price analysis: BNB breaks above $310, eyes $330 next - Cryptopolitan

Binance Coin price analysis suggests an upwards movement to the $340.00 mark The closest support level lies at $300 BNB faces resistance at the $315.00 mark The Binance Coin price analysis shows that the BNB price action has broken above the $310 mark as the bullish activity increased.

Top 5 cryptocurrencies ranked by ROI since initial coin offering - Finbold

The cryptocurrency market is riding on the wave of renewed bullish optimism that started at the turn of the year, but some cryptocurrencies have been recording continuous positive returns ever since their initial coin offering (ICO), including some less-than-expected assets.

Pudgy Penguins launches cross-chain transactions for Polygon, BNB Chain, Arbitrum - CryptoSlate

Pudgy Penguins announced that it is using Layer-0 to allow cross-chain transactions on adding Polygon (MATIC), BNB Smart Chain, and Arbitrum (ARBI) to improve access for people beyond the Ethereum (ETH) blockchain.

Could BNB suffer from FUD as mix-up causes bad press: Decoding - AMBCrypto

On 24 January, Bloomberg published an article detailing how Binance held users' and collateral backing some pegged tokens. Per Bloomberg, the reserves for nearly half of the 94 Binance-peg tokens (B-Tokens) issued by the exchange are held in a cold wallet known as Binance 8.

BNB steady after a 7% plunge – bulls must now handle this fresh hurdle  - AMBCrypto

Bitcoin [BTC] dropped from $23k to below $22.5k on Tuesday, pulling the altcoin market into a short-term plunge. Binance Coin [BNB] declined by 9% in the same period, dropping from $323 to $293.

80% Of Uniswap Holders Support BNB PoS Chain For Deploying V3 Protocol - NewsBTC

Uniswap (UNI), a decentralized protocol, is ready to roll out the third version of its platform. The protocol aims to provide a suitable platform where users can seamlessly swap ERC-20 tokens without using an order book.

Binance Coin repays investor confidence as it soars above $300, will $350 be next - AMBCrypto

Bitcoin [BTC] continued to stay above the $23k mark, as bulls could wait for a move above $23.2k to buy into the bullish momentum. Conversely, they could wait for a drop to $22k before buying.