Category: BNB
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Former Binance CEO CZ reportedly owns 64% of BNB supply
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Forbes claims that former Binance CEO Changpeng Zhao is the 24th richest person in the world due to his ownership of the BNB token. Zhao reportedly owns 64% of the circulating supply of Binance’s BNB token. At current prices, the 94 million coins that Zhao is said to control are…
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BNB token surge makes Binance’s Changpeng Zhao even richer in prison
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The BNB token, a cryptocurrency linked to Binance and its jailed co-founder Changpeng Zhao, rose to a record high in the first week of his four-month prison sentence in the United States. Its rise confirms Chow’s status as the richest person ever to serve time in a US federal prison.…
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BNB Forms Bullish Flag Pattern On 1-Day Chart – What’s Next?
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After rising to reach an all-time high, Binance Coin (BNB) price has been in a consolidation zone. During this consolidation, BNB price was able to form a bullish triangle flag above the 100-day simple moving average (SMA) in the 1-day time frame. Currently, Binance coin price is moving between the…
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BNB Forms Bullish Flag Pattern On 1-Day Chart – What’s Next?
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After rising to reach an all-time high, Binance Coin (BNB) price has been in a consolidation zone. During this consolidation, BNB price was able to form a bullish triangle flag above the 100-day simple moving average (SMA) in the 1-day time frame. Currently, Binance coin price is moving between the…
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BNB Coin Price Hits Critical Support Level: Is a Rebound on the Horizon?
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BNB price started a downward correction from the $585 area. The price must remain above $570 to start a new increase in the near term. BNB price started a new decline after it failed to cross the $585 resistance area. The price is now trading below the $580 level and…