Crypto Details: Binance Coin (BNB)

Binance Coin current price is $275.93 -0.95% (24hrs)

Binance Coin (BNB) is an exchange-based token created and issued by the cryptocurrency exchange Binance, founded by Changpeng Zhao and He Yi in July 2017.

Initially created on the Ethereum blockchain as an ERC-20 token, BNB was migrated over to Binance Chain in February 2019 and became the native coin of the Binance Chain.

Binance Coin has seen massive growth in interest throughout the years. Several rounds of token burn events have appreciated BNB price and pushed it up as one of the top-10 cryptocurrencies by market capitalization.

The price of Binance Coin right now is 275.93. Its price is ↓ -0.95% down in the last 24 hours.

Current PriceAll Time HighMarket Cap

Binance Coin Price Changes :

Last 24 HoursLast 7 DaysLast 30 DaysLast 1 Year
↓ -0.95%↓ -1.22%↓ -8.58%↓ -22.44%

  • Bitcoin News - 25 September 2022, 4:00 am

    The largest bank in Southeast Asia, DBS, has launched self-directed cryptocurrency trading via its app. More customers are now qualified to access the bank’s digital asset exchange and trade cryptocurrencies, including bitcoin and ether. DBS Launches Self-Directed Crypto Trading DBS, the largest bank in Southeast Asia, announced Friday that it “has rolled out self-directed crypto […]Read More

  • Bitcoin News - 25 September 2022, 2:00 am

    Global investment bank JPMorgan is seeing little demand for crypto as a payment method. However, the bank noted that cryptocurrencies are becoming “larger and larger” in the gaming sector, including in the metaverse. JPMorgan Sees Little Demand for Crypto as a Payment Tool The global head of payments for JPMorgan’s Corporate & Investment Bank division, […]Read More

  • Bitcoin News - 25 September 2022, 12:05 am

    After predicting the biggest crash in world history, Robert Kiyosaki, the famous author of the best-selling book Rich Dad Poor Dad, says the “end is here” for fake money. He reiterated three lessons that will help investors “do well in market crashes.” Robert Kiyosaki on the End of Fake Money The author of Rich Dad […]Read More

  • Bitcoin News - 24 September 2022, 10:00 pm

    The Moscow Exchange has proposed to legalize the issuance of receipts for digital financial assets. The trading platform says this will allow custodians to offer clients who are not ready for distributed ledgers to essentially work with securities. MOEX also plans to become a licensed crypto exchange operator. Largest Russian Stock Exchange Gears Up to […]Read More

  • News - 24 September 2022, 9:35 pm

    The cryptocurrency industry needs substantive proposals that aim to do more than simply mitigate potential damage. The Biden administration’s framework failed to acknowledge crypto’s advantages. The long-awaited cryptocurrency regulation framework released by President Joe Biden’s Treasury Department this month attempted to outline a plan for managing the burgeoning crypto industry. Unfortunately, the department’s assessment failed to embody more substance than a mere mission statement.While Biden’s administration appears to be taking a “whole-of-government approach” toward overseeing the decentralized finance (DeFi) sector and its ripple effects on the traditional economy, they are focused predominantly on defending against negative events — such as financial crime — and failing to facilitate positive events, such as the wealth-building opportunities that crypto offers to Americans excluded from the traditional big-banking system.The new framework was a follow-up to Biden’s executive order in March, titled, “Ensuring Responsible Development of Digital Asset.” Officials focused predominantly on prosecuting money launderers and Ponzi schemers across jurisdictions. That may come as no surprise, considering it was developed as crypto dominoes fell over the summer months. Those included the collapse of Terraform Labs, which led to an Interpol arrest warrant for its founder, Do Kwon; the Celsius Network’s bankruptcy; and the collapse of crypto prices.Nonetheless, these events served the healthy purpose of shaking out bad actors who were in crypto for criminal or self-interested purposes. An effective set of laws related to crypto that prevent illicit activity and promote peer-to-peer financial transactions would…Read More

  • Bitcoin News - 24 September 2022, 8:00 pm

    According to leaked audio obtained by CNBC, the crypto lender Celsius wants to create an IOU cryptocurrency in order to pay clients back. The audio was provided by a Celsius customer and the recording explains the bankrupt crypto lender wants to create a form of “wrapped tokens” that represents a ratio of what customers are […]Read More

  • News - 24 September 2022, 5:32 pm

    Staked ETH is more capital efficient and more profitable than regular ETH, and platforms that offer liquid staking derivatives are bolstering its popularity. For years, various blockchain projects were rumored to be future “Ethereum killers,” projects that would unseat Ether from its throne and usurp its title as the top digital asset. That day seems to have come, though it appears it was an inside job. Lido-staked Ethereum (stETH) and other liquid staking derivatives are primed to render Ether (ETH), as an asset, obsolete. The transition from proof-of-work (PoW) to proof-of-stake (PoW) allows everyday decentralized finance (DeFi) users to benefit from rewards previously reserved for miners simply by holding stETH or any other ETH liquid-staking derivative. This has given way to a wave of interest across the industry, from individuals to institutions across centralized finance (CeFi) and DeFi. In the past month, the ETH liquid staking derivatives have received a ton of attention, and titans of the industry — including Coinbase and Frax — have released ETH liquid staking derivatives.Liquid staking derivatives offer all the benefits of regular ETH while also being a yield-generating asset. That means holders are able to gain exposure to ETH’s price action and maintain liquidity while harnessing staking benefits. Wallets holding stETH will see their holdings gradually increase as staking yields are regularly added to the initial sum. Related: The market isn’t surging anytime soon — so get used to dark timesWhile most staking strategies require…Read More

  • News - 24 September 2022, 5:02 pm

    Institutional interest in Grayscale Bitcoin Trust continues to dwindle 10 months into the crypto bear market. Grayscale Bitcoin Trust (GBTC), a cryptocurrency fund that currently holds 3.12% of the total Bitcoin (BTC) supply, or over 640,000 BTC, is trading at a record discount compared to the value of its underlying assets.Institutional interest in Grayscale dries upOn Sep. 23, the $12.55 billion closed-end trust was trading at a 35.18% discount, according to the latest data.GBTC discount versus spot BTC/USD price. Source: YChartsTo investors, GBTC has long served as a great alternative to gain exposure in the Bitcoin market despite its 2% annual management fee. This is primarily because GBTC is easier to hold for institutional investors because it can be managed via a brokerage account. For most of its existence, GBTC traded at a hefty premium to spot Bitcoin prices. But It started trading at a discount after the debut of the first North American Bitcoin exchange-traded fund (ETF) in Canada in February 2021.Unlike an ETF, the Grayscale Bitcoin Trust does not have a redemption mechanism. In other words, GBTC shares cannot be destroyed or created based on fluctuating demand, which explains its heavily discounted prices compared to spot Bitcoin.Grayscale’s efforts to convert its trust into ETF failed after the Securities and Exchange Commission’s (SEC) rejection in June. In theory, SEC’s approval could have reset GBTC’s discount from current levels to zero, churning out profits for those who purchased the shares at cheaper…Read More

  • News - 24 September 2022, 1:24 pm

    The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link.Top Stories This Week Krakens Jesse Powell will step down as CEO, stay on as board chairAfter more than a decade heading up crypto exchange Kraken as CEO, Jesse Powell has decided to pass the torch to the companys chief operating officer, Dave Ripley. Powell is not done with Kraken, however. He will become chair of the board for the organization. Its just gotten to be more draining on me, less fun, Powell said, as quoted in by Bloomberg. Ripley joined Kraken as chief operating officer in 2016. South Korean ministry recommends enactment of special Metaverse lawsIn line with other advances South Korea has taken to embrace the digital world, the country wants to create new laws regarding the Metaverse, according to plans from the Ministry of Science and ICT. The ministry wants proper laws in place for the Metaverse, but thinks its unwise to form-fit current regulations to new technology. Previous news saw South Korea invest $200 million toward metaverse development in the country.   Saving the planet could be blockchains killer app September 20, 2022 Guide to real-life…Read More

  • News - 24 September 2022, 1:06 pm

    How can you add years to your life, and life to your years? Longevity science can help — and this is a concept that’s of particular interest to crypto pioneers. It’s a question that’s infatuated scientists for decades: how can we prolong life expectancy — giving humans everywhere more years of good health?This field is known as longevity science, and within this industry, experts argue care which regards ageing as a normal but treatable ailment are rare — and of the approaches available, they can only be accessed by those who are highly educated and privileged.Just some of the key tenets that govern this approach to medicine involve therapeutics, personalized medicine, predictive diagnostics and artificial intelligence. The goal is to eliminate a “one size fits all” attitude toward treatment, and ensure that therapies are customized to an individual’s unique medical profile. This can matter in many different ways — to the best method for tackling cancer, to the food we eat and our risk of heart disease.And while predictive diagnostics offers an existing way of unlocking better patient outcomes, this often hinges upon using large amounts of anonymized data to determine what’s happened in the past, and how greater levels of success are achieved in the future.Bizarrely, there are parallels between cryptocurrencies and longevity science. You could argue that this approach to medicine is currently where digital assets were back in 2013 — a time when crypto discussion was confined…Read More