Binance Coin (BNB) Technical Analysis: Binance Chain Launch Getting Close, BNB Breaks $20

Cryptovest

Published Apr 18, 2019 07:09AM ET

Updated Apr 18, 2019 08:22AM ET

Binance Coin (BNB) Technical Analysis: Binance Chain Launch Getting Close, BNB Breaks $20

h2 Latest Binance News/h2
Binance has already had an incredibly busy Q2 so far and is looking to carry the momentum into the rest of 2019, with the launch of new platforms and projects.

In the last week alone, CEO and Co-Founder of Binance, Changpeng Zhao (CZ), has announced the controversial delisting of Bitcoin SV after legal threats were handed out by nChain’s Chief Scientist, Craig Wright, to anyone who called him a fraud.

https://twitter.com/cz_binance/status/1117796100000210951

On April 17, Binance completed their 7th quarterly coin burn which removed nearly 830,000 BNB tokens from the existing supply. This strategy ensures that demand for Binance’s native exchange token remains high and BNB holders are rewarded for investing in the platform.

Today, Binance has hinted that the first genesis block of the platform’s new native blockchain, Binance Chain, has been created which could go live soon.

https://twitter.co...