BNB hit a new ATH at $788 per coin. Find the latest analysis and trends of Binance Coin as well as future prospects here!



BNB Breaks New ATH Last Night at $788 per Coin

BNB Breaks New ATH Last Night at $788 per Coin.webp

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Changpeng Zhao, CEO of Binance, will soon be released, fueling speculation about BNB price increases. Meanwhile Helium (HNT) also shows upside potential.

Changpeng Zhao Will Be Released Soon, Will BNB Prices Rise?

<img src="https://static.bittime.com/cms-static/upload/Changpeng_Zhao_Segera_Dibebaskan_Harga_BNB_Bakal_Naik_1_9e078d0852.webp" alt="Changpeng Zhao Segera Dibebaskan, Harga BNB Bakal Naik" width="2048" height="1152"><meta charset="utf-8"><a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/?cn=400001">Bittime</a> - In the latest development in the cryptocurrency world, Changpeng Zhao, CEO of Binance, will reportedly be released from custody soon. This news certainly raises speculation among investors regarding the potential for an increase in the price of BNB (Binance Coin). In this context, we will also highlight the performance of Helium (HNT), which shows potential for upside.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/reward/dogslabuanbajo?content_id=market_analysis&amp;cn=400003"><img src="https://static.bittime.com/cms-static/upload/dogs_labuan_bajo_ac02e8cbe5.webp" alt="dogs labuan bajo" width="2985" height="620"></a><h2 style="line-height:1.38;margin-bottom:10pt;margin-top:18pt;" dir="ltr">Impact of Changpeng Zhao's Release on BNB Price</h2>The news of Zhao's release is considered a positive signal for the cryptocurrency market, especially for BNB. As one of the most traded tokens on the Binance platform, BNB has the potential to get a significant boost as investor confidence in the Binance ecosystem recovers. If Zhao returns to the helm, many believe that new strategies and innovations could strengthen Binance's position in the market.Baca Juga:&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/blog/airdrop-wat-coin-prediksi-harga-wat-saat-listing">Airdrop Wat Coin: Prediksi Harga WAT Saat Listing</a><h2 style="line-height:1.38;margin-bottom:10pt;margin-top:18pt;" dir="ltr">Helium Eyes $11: Trader Behavior Key to HNT</h2>Meanwhile, Helium (HNT) is also showing promising signs in the market. HNT has recorded some record high gains, although it is currently facing significant resistance hurdles. At the time of writing, HNT is trading within an ascending triangle pattern, indicating potential for a breakout towards higher levels.Although HNT struggled to get past the resistance level at $7,895, the current price pullback is understandable in this pattern. A pullback like this often provides an opportunity for price to return to a support zone, which can gather momentum for a larger rally in the future.<h2 style="line-height:1.38;margin-bottom:10pt;margin-top:18pt;" dir="ltr">HNT Market Strength Indicator</h2>The bullish presence in the HNT market is supported by several key indicators. The Relative Strength Index (RSI) shows a value of 50.65, which indicates that HNT is in a favorable position to rally. However, the RSI is also showing a downward trend, indicating a possible short-term decline before the expected upward move.Additionally, the Money Flow Index shows active accumulation for HNT, adding to optimism among traders. With trading volume increasing by 136.5%, HNT has become a favorite among traders, reflecting strong buying interest.<h2 style="line-height:1.38;margin-bottom:10pt;margin-top:18pt;" dir="ltr">Conclusion</h2>With the potential release of Changpeng Zhao, the cryptocurrency market, especially BNB, could experience significant changes. On the other hand, Helium (HNT) shows the potential to continue rising, depending on trader behavior and market indicators. This situation emphasizes that investors need to continue to monitor the latest developments to make wise investment decisions.<h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:10pt;text-align:justify;" dir="ltr">How to Buy Crypto on Bittime</h2><a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy?content_id=market_analysis&amp;cn=400003"><img src="https://static.bittime.com/cms-static/upload/banner_cara_beli_ab926002c1.webp" alt="cara beli crypto di bittime" width="2985" height="620"></a>Want to trade, sell,&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://play.google.com/store/apps/details?id=com.bittime.currency.exchange&amp;hl=id">buy Bitcoins</a> and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with&nbsp;Bappebti, Bittime ensures every transaction is safe and fast.Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!Check the exchange rate<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/converter/btc-to-idr"> BTC to IDR</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/converter/eth-to-idr"> ETH to IDR</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/converter/sol-to-idr"> SOL to IDR</a> and other crypto assets to find out today's crypto market trends in real-time on Bittime.

Changpeng Zhao Segera Dibebaskan, Harga BNB Bakal Naik

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Changpeng Zhao Segera Dibebaskan, Harga BNB Bakal Naik (1).webp

The latest price analysis for BTC, ETH, BNB, SOL, XRP, and TON shows crypto market fluctuations. Discover potential price movements and investment opportunities here!

Latest Crypto Price Analysis: BTC, ETH, BNB, SOL, XRP, and TON

Analisis Harga Kripto Terbaru: BTC, ETH, BNB, SOL, XRP, dan TON

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BNB has completed its 28th token burn, totaling $971 million BNB. Read this article to find out!

28th BNB Token Burn

<img src="https://static.bittime.com/cms-static/upload/BNB_Token_Burn_5a08db0da0.webp" alt="BNB Token Burn" width="2048" height="1152"><a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/?cn=400001">Bittime</a> -&nbsp;Binance revealed that has completed its 28th BNB token burn. This token burn was carried out by BNB Chain and announced by the BNB Foundation as part of their efforts to gradually reduce the total supply of BNB.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/register?cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_2_988b13eca2.webp" alt="Banner 2" width="1999" height="415"></a><h2 style="line-height:1.38;margin-bottom:12pt;margin-top:12pt;text-align:justify;" dir="ltr">28th BNB Token Burn</h2>BNB is the native token of the BNB Chain ecosystem, which is essential for supporting various transactions in Web3. In addition to serving as a transaction fee on the BNB Smart Chain (BSC), BNB also functions as a governance token that provides holders with the ability to participate in the on-chain decentralized governance of the BNB Chain.Since launching on mainnet on April 18, 2019, BNB has switched from the Ethereum Network to the BNB Chain. The "Build and Build" philosophy reflects its role in driving development in this ecosystem.&nbsp;<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/staking?=cn400001"><img src="https://static.bittime.com/cms-static/upload/banner_staking_coin_8abe277d88.webp" alt="banner staking coin.webp" width="2985" height="620"></a><h2 style="line-height:1.38;margin-bottom:12pt;margin-top:12pt;text-align:justify;" dir="ltr">BNB Auto-Burn</h2>The BNB Auto-Burn system is designed to gradually reduce the total supply of BNB until it reaches 100,000,000 BNB. The burn amount is adjusted based on the price of BNB and the number of blocks generated on BSC during the quarter, ensuring transparency and predictability.BNB's Auto-Burn system provides an independently and objectively auditable process. These numbers are reported quarterly, and this mechanism is independent from the centralized exchange Binance.&nbsp;Unlike the previous quarter's Auto-Burn, this time the burn will be carried out directly on BSC due to the ongoing BNB Chain Fusion. Here is some important information from the 28th BNB token burn.<ul style="margin-bottom:0;margin-top:0;padding-inline-start:48px;"><li style="background-color:transparent;color:#000000;font-family:'Helvetica Neue',sans-serif;font-size:12pt;font-style:normal;font-variant:normal;font-weight:400;list-style-type:disc;text-decoration:none;vertical-align:baseline;white-space:pre;" dir="ltr" aria-level="1">Auto-Burn (Total BNB burned): 1.643.698,8 BNB</li><li style="background-color:transparent;color:#000000;font-family:'Helvetica Neue',sans-serif;font-size:12pt;font-style:normal;font-variant:normal;font-weight:400;list-style-type:disc;text-decoration:none;vertical-align:baseline;white-space:pre;" dir="ltr" aria-level="1">Estimated Value in USD on Burn: $971 million</li></ul><h2 style="line-height:1.38;margin-bottom:12pt;margin-top:12pt;text-align:justify;" dir="ltr">BNB Real-time Burn</h2>Apart from that, BNB also implements a real-time burn mechanism based on gas fees. BSC validators determine the cost ratio of the gas collected in each block, which is then burned at a fixed rate. Since introduction BEP95, approximately 234,000 BNB has been burned under this mechanism.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/blog?cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_Blog_7d687b658d.webp" alt="Banner Blog.webp" width="2985" height="620"></a><h2 style="line-height:1.38;margin-bottom:12pt;margin-top:12pt;text-align:justify;" dir="ltr">BNB Pioneer Burn Program</h2>BNB's Pioneer Burn program helps users recover BNB lost and tokenized tokens due to honest mistakes, by covering these losses through BNB quarterly token burns.&nbsp;The program provides a way for users to reclaim their lost assets, which are then calculated and integrated into regular token burns.<h2 style="line-height:1.38;margin-bottom:12pt;margin-top:12pt;text-align:justify;" dir="ltr">How to Buy Crypto with Bittime</h2><a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy?cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_Daftar_Bittime_c71afe9bcb.webp" alt="Banner Daftar Bittime" width="2985" height="620"></a>You can buy and sell crypto assets in an easy and safe way via Bittime. I'm done is one of the best crypto applications in Indonesia which is officially registered with Bappebti.&nbsp;To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.&nbsp;Monitor graphic movement<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?cn=400001">&nbsp;</a>price&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?cn=400001">Bitcoin (BTC)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/ETH?cn=400001">&nbsp;Ethereum (ETH)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/SOL?cn=400001">&nbsp;Solana (SUN)</a>&nbsp;and other cryptos to find out today's crypto market trends in real-time on Bittime.

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BNB Token Burn.webp

BNB Has Completed 28th Token Burn, $971 Million BNB in Total

Judge dismisses SEC lawsuit against Binance over alleged sale of BNB on secondary market. Following is the detailed information.

Supports Binance, Judge Rejects SEC Allegations Regarding BNB Sales in Secondary Markets

Hakim Tolak Tuduhan SEC atas penjualan BNB - Bittime

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Hakim Tolak Tuduhan SEC atas penjualan BNB - Bittime (1).png

 - Judge dismisses SEC lawsuit against Binance over alleged sale of BNB on secondary market. Following is the detailed information.

In the latest development in the legal case between Binance and the United States Securities and Exchange Commission (SEC), Judge Analisa Torres has handed Binance a significant victory.

Judge Torres rejected the SEC's claims regarding BNB sales in secondary markets, stating that the economic realities of token trading are critical in determining the application of securities laws.

On the other hand, the judge decided to allow the SEC to proceed with most of its charges against Binance, including allegations related to Binance's Initial Coin Offering (ICO) and ongoing BNB sales, Binance Vault, staking services, and allegations related to unregistered securities and fraud.

Important Decisions and Widespread Impact

The judge's decision sets an important precedent for the cryptocurrency industry and has broad implications for digital asset trading in secondary markets.

Lawyers from Coinbase, ConsenSys, and Kraken may use this ruling to strengthen their positions in their own legal cases involving the SEC and cryptocurrency securities regulation.

Judge Torres in this ruling cited his previous decision in the SEC vs Ripple Labs case. In Ripple's case, Torres ruled that XRP was not a security because it did not meet the "Howey" test.

In the case of Binance, Torres applied the same logic, arguing that trading BNB on the secondary market did not meet the “investment in an investment contract” criteria necessary to be classified as a security.

This decision could provide greater legal certainty for cryptocurrency exchange platforms and investors trading in the secondary market.

This could encourage more cryptocurrency investment and adoption, as platforms and investors have a clearer understanding of the applicable rules.

Although the judge's decision in the Binance vs SEC case provides a significant victory for Binance, the journey towards clear regulation in the crypto industry is still long.  Let's look at several things that need to be considered after this verdict.

1. The SEC vs Binance case is not yet resolved

It is important to note that the judge's ruling only relates to the alleged sale of BNB on the secondary market.

The SEC may still pursue other charges against Binance, including those related to their ICO and staking services.  Until this case is resolved, uncertainty will still surround the crypto industry.

2. This decision is not a binding legal precedent

This judge's decision applies specifically to the Binance and SEC cases.  This ruling will not necessarily be used as a precedent in other cases related to crypto regulation.

The United States Securities and Exchange Commission (SEC) still has the authority to define crypto assets as securities in the future.

3. The need for comprehensive regulations

Although this ruling provides clarity regarding the sale of BNB on the secondary market, the crypto industry still needs more comprehensive regulations.

Clear regulations will create legal certainty for business actors and investors, thereby encouraging growth and innovation in this industry.

Judge Torres' decision in the Binance vs SEC case is a major victory for Binance and the cryptocurrency industry as a whole.

This decision provides much-needed clarity on the rules governing digital asset trading in secondary markets and could pave the way for greater growth and innovation in the future.

You can buy and sell crypto assets in an easy and safe way via over. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets at over, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet.

For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

 and other cryptos to find out today's crypto market trends in real-time on Bittime.