Here's What's Ahead for Binance Coin (BNB) in 2022, According to Coin Bureau

The host of Coin Bureau is speculating on what could happen to Binance Coin (BNB) after the U.S. Securities and Exchange Commission (SEC) launched an investigation into the crypto asset last week over possible violations of securities law. In a new video update, the pseudonymous crypto analyst known as Guy tells his 2.07 million YouTube The post Here's What's Ahead for Binance Coin (BNB) in 2022, According to Coin Bureau appeared first on The Daily Hodl.

Timeline of Bnb

In an announcement released today by Binance, a BNB Smart Chain (BEP20) network “Euler” upgrade and a hard fork will occur at the BNB Smart Chain block height of 18,907,621 (around 2022-06-22 at 08:00 UTC). In the announcement, Binance has said that it will fully support the hard fork. By end of June 22, validators The post BNB Smart Chain Mainnet to have a scheduled hard fork update this week appeared first on Invezz.

The performance of the global crypto market has continued to show depreciation. The market for Bitcoin, Binance Coin, and others remained bearish as there has been little improvement.

According to the WhaleStats data, a Binance Coin (CRYPTO: BNB) whale bought a large amount of Dogecoin (CRYPTO: DOGE).  A top BNB whale, known as "Scarlet Witch," has bought 400 million Dogecoins, valued at over $31 million.

Farfetch (NYSE: FTCH) announced a partnership Friday with the Lunu platform stating that they are to start accepting payments in seven different cryptocurrencies, including Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Binance Coin (CRYPTO: BNB). What Happened: In a tweet by Wu Blockchain earlier Friday, it was announced that Farfetch would be accepting cryptocurrency payments via Lunu PoS.

The bears have strengthened their grip on the global crypto market, which is currently trading at a declining stage. On the other hand, intelligent investors remain bullish because they believe in the underlying technology.  According to history, those who continue to build during down markets benefit the most when the market improves. Binance and Ethereum …

The SEC is probing Zhao's ownership stakes of market makers on Binance.US and whether the exchange has conducted broker-dealer activities. This has led to an extended drop in the BNB price. Binance Coin (BNB), which is the native token of Binance, has dropped from trading at above $311 on Monday, June 6, 2022, to trading The post BNB price drops as the US Securities and Exchange Commission probe Binance.US appeared first on Invezz.

The price of Binance Coin (BNB) is in a downtrend as the price falls below the moving averages. Last week, bulls broke above the 21-day line SMA twice, but were rejected. BNB is now trading below the moving averages, indicating further downward movement of the cryptocurrency.

The U.S. Securities and Exchange Commission (SEC) is reportedly investigating Binance's BNB token, which could be an unregistered security. If the cryptocurrency is found to be a security, it could put Binance in a similar position to Ripple Labs which has been in an ongoing lawsuit with the SEC over the sale of the XRP

As regulatory activities begin to rally within the cryptocurrency space, the mantle of battling the Securities and Exchange Commission (SEC) has now been passed to Changpeng Zhao, the CEO of Binance. On 6 June, it was reported that the SEC has launched an investigation into whether Binance Holdings Ltd, the owners of BNB tokens broke

The CoinLoan platform has expanded its range of instruments with the introduction of BNB, the Binance utility token making the top five of largest cryptocurrencies by market cap. It is the first step to the integration of CoinLoan with the BNB Smart Chain, a stable and cost-efficient blockchain that enables its users to: create powerful apps buy, trade, and hold digital assets take advantage of large capacity and high speed of transactions The CoinLoan users are sure to benefit from vast opportunities that the integration will open up.