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The pullback is finding support in the $761 to $732 zone. A shallow pullback signals the bulls are not hurrying to book profits as they anticipate another leg higher. If the price turns up from the current level and breaks above $809, the BNB/USDT pair could surge to $900. Sellers will have to pull and maintain the price below the 20-day SMA ($714) to prevent the upside. Such a move suggests that the break above the $794 level may have been a bull trap.
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$BNB Binance Сoin (BNB) is a cryptocurrency designed by the eponymous cryptocurrency exchange. Based on the ERC-20 standard, Binance Coin was established with the Ethereum technologies. The Binance Coin market cap is one of the largest on the market and the largest among the ERC-based tokens with over 1,3 billion dollars at the time of writing this article. BNB was developed to become a trading tool on the Binance cryptocurrency exchange. BNB-based transactions are subsidized by the exchange making the coin more attractive to use within it. Due to the large trading volume of Binance and its effective strategy on the new asset, Binance Coin was fast to become a major part of the industry. BNB price is supported by the large number of businesses accepting the coin as a form of payment.
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Bitcoin is at risk of losing the $115,000 support, raising the chance that the recently started altcoin season could abruptly end. Solana’s Firedancer validator client promises huge speed boosts but faces network limits as developer Douglas Colkitt tests its full potential on Fogo. Key points: SOL dropped 9.5% as $30 million in long liquidations took place. A bearish divergence in futures CVD and elevated funding rates suggests that a long squeeze triggered the correction. Support at $180 and a recent golden cross hint that the bullish continuation is still in play.
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$BNB Connect Wallet Sign In Digital Assets News Crypto Prices NFT Prices Learn Community More BNB (BNB) Price, Charts & News $783.46(+0.07%) Add To Watchlist   PEPE Ascension: Meme Revolution By pepeascension Learn more BNB (BNB) Price Conversion Calculator BNB ≈ USD BNB (BNB) Price Chart Today BNB Resources Community Source Code Social Media Website https://www.binance.com Block Explorer https://bscscan.com About BNB Binance Coin is the cryptocurrency of the Binance platform. It is a trading platform exclusively for cryptocurrencies. The name "Binance" is a combination of binary and finance. Thus, the startup name shows that only cryptocurrencies can be traded against each other. It is not possible to trade crypto currencies against Fiat. The platform achieved an enormous success within a very short time and is focused on worldwide market with Malta headquarters. The cryptocurrency currently has a daily trading volume of 1.5 billion - 2 billion US dollars and is still increasing. In total, there will only be 200 million BNBs. Binance uses the ERC20 token standard from Ethereum and has distributed it as follow: 50% sold on ICO, 40% to the team and 10% to Angel investors. The coin can be used to pay fees on Binance. These include trading fees, transaction fees, listing fees and others. Binance gives you a huge discount when fees are paid in BNB. The schedule of BNB fees discount is as follow: In the first year, 50% discount on all fees, second year 25% discount, third year 12.5% discount, fourth year 6.75 % discount, and from the fifth year onwards there is no discount. This structure is used to incentivize users to buy BNB and do trades within Binance. Binance announced in a buyback plan that it would buy back up to 100 million BNB in Q1 2018. The coins are then burned. This means that they are #CryptoScamSurge
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Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. It is a layer 1 network that offers fast speeds and affordable costs. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland#solana
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