Traders Should Keep Eye On Binance Coin, BNB Price Short-Term Rally On Horizon

It looks like the cryptocurrency market has decided to close the week on a bearish note. It's been a while since the world's first cryptocurrency by market cap is struggling to sustain above $40,000. The majority of the altcoins including its lead, Ethereum, is trading on a red candle dragging other cryptocurrencies like XRP, Binance …

Timeline of Bnb

Binance Coin (BNB) traders are showing signs of confidence amid a weak crypto market. BNB price has found support at lower levels around $390 as Binance continues to expand its presence globally in the crypto market.

VeChain will be used as a payment method in stores after bridging to the BNB chain and made a series of annoucnement which look to grow usability and adoption of the native VET tokens os let's read more today in our latest VeChain news. The supply chain blockchain proejct Vechain announced a new partnership with

NEXO price has skyrocketed 17% in the last 24 hours, with the current price trading at $2.49. After the largest crypto exchange Binance announced the listing of NEXO, the native token of the Nexo crypto lending platform, the price has jumped nearly 15% in an hour on Friday.

Bitcoin price started a fresh upside correction from the USD 38,500 zone and was able to surpass the USD 39,500 resistance level. It is currently (04:00 UTC) consolidating and eyeing an upside break above the USD 40,000 resistance. BTC is almost unchanged in a day and down almost 3% in a week.

DeFiChain, a decentralized proof-of-stake (PoS) blockchain forked from the Bitcoin network and targeted at enabling DeFi applications on Bitcoin, has announced integration with the BNB Chain via a new decentralised bridge dubbed DeFiChain Bridge. Per the platform, the bridge will connect DeFiChain with the BNB Chain, Binance's blockchain ecosystem and offers users a chance to The post DeFiChain to connect with BNB Chain via a decentralised bridge appeared first on Invezz.

The global crypto market has taken a sharp turn, shedding 4.98% over the last 24 hours. The changes in the market have affected Bitcoin badly as it shed 5.24% in 24 hours.

Since then, it has conquered the crypto market, outshining its predecessors to claim the highest rank as arguably the best crypto exchange globally. The exchange has many features, including the BNB coin, Binance chain, and the Binance Smart Chain (BSC) network.