Tax Implications of Holding Binance Coin (BNB) in the United States: Understanding What You Need to Know About Your Obligations and Regulations

bnb - Tuesday, January 24th, 2023 Comments Off on Tax Implications of Holding Binance Coin (BNB) in the United States: Understanding What You Need to Know About Your Obligations and Regulations !

Binance Coin (BNB) is a cryptocurrency created by the world-renowned Binance exchange. It has become increasingly popular among investors, traders, and businesses alike for its ability to facilitate quick and secure payments with low transaction fees. As such, many users in the United States are interested in understanding how BNB relates to taxes. To help Continue Reading

Binance Coin Price Prediction – drop by -9.93% and reach $ 248.68

bnb - Tuesday, January 10th, 2023 Comments Off on Binance Coin Price Prediction – drop by -9.93% and reach $ 248.68 !

According to our current Binance Coin price prediction, the value of Binance Coin is predicted to drop by -9.93% and reach $ 248.68 by January 15, 2023. According to our technical indicators, the current sentiment is Neutral while the Fear & Greed Index is showing 26 (Fear). Binance Coin recorded 14/30 (47%) green days with 5.08% Continue Reading

Pros and Cons of Binance Coin

bnb - Thursday, December 29th, 2022 Comments Off on Pros and Cons of Binance Coin !

Binance Coin is used to pay for trading fees on the platform, and it can also be used to purchase other cryptocurrencies. Its tokenomics are designed to stimulate the growth of its network by incentivizing users with lower trading fees and other discounts when they use it as a payment method. Additionally, Binance Coin holders Continue Reading

Will this “worrying” Binance’s proof of reserves crash BNB further?

bnb - Tuesday, December 13th, 2022 Comments Off on Will this “worrying” Binance’s proof of reserves crash BNB further? !

The collapse of FTX brought a lot of caution around centralised exchanges. The collapse perhaps underlined the idea that no exchange was too big to fail. FTX was the second-largest exchange, valued at least $30 billion by early November. Two weeks later, FTX was under the bridge. Investors now feel exchanges need further scrutiny, especially Continue Reading

BNB Technical Analysis: drop by -13.79% ($250.31)

bnb - Tuesday, December 6th, 2022 Comments Off on BNB Technical Analysis: drop by -13.79% ($250.31) !

According to our current Binance Coin price prediction, the value of Binance Coin is predicted to drop by -13.79% and reach $ 250.31 by December 11, 2022. According to our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 25 (Extreme Fear). Binance Coin recorded 11/30 (37%) green days with Continue Reading

BNB Price Prediction: 2023 – 2031

bnb - Wednesday, November 30th, 2022 Comments Off on BNB Price Prediction: 2023 – 2031 !

BNB Price Prediction 2023 After the analysis of the prices of BNB in previous years, it is assumed that in 2023, the minimum price of BNB will be around $452.85. The maximum expected BNB price may be around $557.11. On average, the trading price might be $468.83 in 2023. Price Prediction 2024 Based on the Continue Reading

Binance’s BNB Price History

bnb - Tuesday, November 29th, 2022 Comments Off on Binance’s BNB Price History !

During the public sale campaign in 2017, 100 million BNB coins were made available at a price of approximately $0.15 per token (1 ETH for 2,700 BNB). The price of BNB increased drastically in the years following the ICO and quickly entered the list of ten largest digital currencies by market cap. Due to its Continue Reading

Key Facts

bnb - Tuesday, November 29th, 2022 Comments Off on Key Facts !

Binance Coin is the cryptocurrency issued by the Binance exchange and trades with the BNB symbol. BNB was initially based on the Ethereum network but is now the native currency of Binance’s own blockchain, the Binance chain. Every quarter, Binance uses one-fifth of its profits to repurchase and permanently destroy, or “burn,” Binance coins held Continue Reading

Binance Coin (BNB) Uses, Support, and Market Cap

bnb - Tuesday, November 29th, 2022 Comments Off on Binance Coin (BNB) Uses, Support, and Market Cap !

What Is Binance Coin (BNB)? The Binance Coin (BNB) is a cryptocurrency issued by the Binance Exchange. As of Q2 2022, the Binance Exchange is the largest cryptocurrency exchange in terms of volume, with $7.6 billion in trades. Understanding Binance Coin (BNB) The Binance coin (BNB) was originally established on the Ethereum blockchain with ERC Continue Reading