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

ambcrypto.com

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.

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Bitcoin BNB
$ 588.5

Timeline of Bnb


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.


Expert Insights: 5 Best Cryptos To Buy Now According to Analysts - Invezz

Low prices can be seen across the crypto markets right now, which means one thing and one thing alone: the best cryptos to buy now are on sale, and investment returns could be major from this price level.


BNB price up despite reports Binance mixed client funds with collateral - Invezz

Binance Coin (BNB/USD) has sustained its bullish trend amid reports by Bloomberg that the Binance exchange mistakenly mixed client funds with Binance-peg tokens (B-Tokens) collateral. At press time, the BNB token was up by 3.34% in the past 24 hours to trade at $313.24.


Binance Announces New Transaction Limit By Fiat Partner – What Could This Mean For BNB? - NewsBTC

According to a report by Bloomberg, crypto exchange Binance has announced that one of its fiat trading partners, Signature Bank, will no longer be processing transactions of less than $100,000 as the bank attempts to reduce its exposure to the cryptocurrency market. Binance said this is a broad action affecting all crypto exchanges dealing with Signature bank.


BNB Chain records solid network growth; but why should investors stay wary? - AMBCrypto

Binance Chain's [BNB] network growth continued to record impressive numbers. According to a tweet by Token Terminal on 20 January, the daily active users on the chain hit almost 778,000.


Binance Coin (BNB) Price Prediction 2025-2030: What could be in store for BNB? - AMBCrypto

Binance Coin (BNB) has had a rather good start to the new year, gaining more than 127% within the first 3 weeks of 2023. The increase in the token's price has caused its market capitalization to expand by over 52%, making it the 4th largest crypto by market cap.


BNB can witness increase in selling pressure, thanks to these factors - AMBCrypto

Binance Coin's [BNB] performance of late has been in the buyers' favor, like most of the other cryptos. However, Santiment's data revealed that BNB was overvalued as per its MVRV Z-Score.


BNB Chain deployed the most dApps in 2022, while Ethereum led the pack for NFT transactions - CryptoSlate

BNB Chain deployed the highest number of dApps throughout 2022 with 2,163 dApps, while Ethereum ranked first for amount of NFT transactions, according to a recent report by DappRadar.

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Bitcoin Bitcoin
70601.4000 0.59%
Ethereum Ethereum
3576.96000 -0.21%
BNB BNB
587.370000 1.51%
Solana Solana
185.265000 -1.52%
XRP XRP
0.62102500 -0.17%