tradingkey.logo
tradingkey.logo
Search

BNB

BNBUSD
Add to Watchlist

761.900

-1.300-0.17%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

-0.21%

5 Days

-5.19%

1 Month

+10.97%

6 Months

+23.60%

Year to Date

-11.81%

1 Year

-22.26%

Key Data Points

Opening Price

763.500

Previous Closing Price

763.200
Price Range of the Day
751.800767.300
52-Week Price Range
535.3001371.300
Recent
Analysis
BNB (BNBUSD) Is down 1.18% on Sep 29: Key Drivers to Watch

• Macro pressures and resistance levels caused BNB's intraday valuation retreat. • Strong on-chain metrics and token burns maintain solid fundamental support. • Technical indicators like RSI and MACD currently suggest neutral conditions.

TradingKey13 hours ago
BNB (BNBUSD) Volatility Intensified on Sep 27: What You Should Know

• BNBUSD price action reflects resilient macro sentiment and strong network utility. • Strategic initiatives and ecosystem fundamentals support sustained developer and institutional interest. • Technical indicators show neutral MACD and RSI values with a buy condition.

TradingKeySun, Sep 27
BNB (BNBUSD) Is down 1.02% on Sep 26: Key Drivers to Watch

• BNB retraced amid tightening liquidity, firming Treasury yields, and profit-taking. • The token faced heavy selling pressure near the psychological $800 resistance. • Ongoing regulatory scrutiny and neutral technical indicators reinforced a consolidation phase.

TradingKeySat, Sep 26
BNB (BNBUSD) Is down 1.03% on Sep 25: What Are the Risk Factors?

• BNB pulled back near the $800 resistance due to profit-taking and migration. • Derivatives open interest softened and funding rates normalized as speculative leverage cleared. • Technical indicators show a MACD buy signal and neutral RSI conditions.

TradingKeyFri, Sep 25
BNB (BNBUSD) Suddenly Goes up 1.06% on Sep 24: What You Need to Watch

• Capital flowed into BNB due to exchange platform developments and expanding ecosystem utility. • Macroeconomic risk appetite and asset rotation from mega-cap cryptocurrencies supported the advance. • Technical indicators like MACD and Williams %R currently suggest a buy condition.

TradingKeyThu, Sep 24
BNB (BNBUSD) Is up 1.06% on Sep 23: Why It Happened

• Capital inflows into BNB are driven by macro liquidity tailwinds and ecosystem fundamentals. • Real-world asset tokenization and enterprise infrastructure adoption are accelerating on BNB Chain. • Technical indicators show a MACD buy signal, neutral RSI, and overbought Williams %R.

TradingKeyWed, Sep 23

BNB Technical Analysis

1m
5m
15m
30m
1h
2h
4h
D
W
M
1m
5m
15m
D

Technical Indicators

Sell

Summary

Neutral

Moving Average

Buy

About BNB

Launched in July 2017, Binance is the world's largest cryptocurrency exchange by daily trading volume. It aims to position cryptocurrency exchanges at the forefront of global financial activity. The name "Binance" is derived from "Binary Finance," reflecting this new paradigm in global finance. Beyond its exchange services, Binance has developed a comprehensive ecosystem for its users. This includes the Binance Chain, Binance Smart Chain, Binance Academy, Trust Wallet, and various research projects, all leveraging blockchain technology to advance modern finance. Binance Coin (BNB) plays a crucial role in the successful operation of many of these sub-projects.

What makes BNB unique?

BNB is unique because it is part of a broader Binance ecosystem that includes the Binance Chain, Binance Smart Chain, Binance Academy, Trust Wallet, and various research projects. BNB powers many of these Binance sub-projects, making it an integral part of the Binance network. Binance's drive for continuous development and its status as the leading crypto exchange in multiple countries give it a significant competitive advantage. Measures like the BEP-95 upgrade, which made BNB more deflationary by burning a portion of the fees on Binance Smart Chain, have also contributed to BNB's uniqueness.

Who launched BNB?

BNB was launched in July 2017 by Binance, the largest cryptocurrency exchange globally based on daily trading volume. The founders of Binance are Changpeng Zhao, who serves as the CEO.

Why is BNB burned?

BNB has an auto-burn mechanism, where Binance periodically burns a portion of the total BNB supply to create a deflationary effect and sustain the value of the digital asset. This is similar to Ethereum's famous EIP-1559 proposal, which also introduced a fee-burning mechanism. The BNB auto-burn is part of Binance's efforts to maintain the scarcity and value of the BNB token. By permanently removing BNB from circulation, the overall supply is reduced, which can potentially lead to price appreciation. This deflationary mechanism is designed to benefit BNB holders in the long run.

BNB

761.900
-1.300-0.17%
tradingkey.logo
Risk Warning: Our Website and Mobile App provides only general information on certain investment products. Finsights does not provide, and the provision of such information must not be construed as Finsights providing, financial advice or recommendation for any investment product.
Investment products are subject to significant investment risks, including the possible loss of the principal amount invested and may not be suitable for everyone. Past performance of investment products is not indicative of their future performance.
Finsights may allow third party advertisers or affiliates to place or deliver advertisements on our Website or Mobile App or any part thereof and may be compensated by them based on your interaction with the advertisements.
© Copyright: FINSIGHTS MEDIA PTE. LTD. All Rights Reserved.