Binance Coin (BNB) Leads the Market, Reaching Five-Month-High Levels

Binance coin, BNB, the token of the China-based cryptocurrency exchange, led the market on Wednesday with a 9% gain versus the USD by the end of the New York trading day. Against the consolidating Bitcoin, it hit an all-time-high level during the trading day, before erasing some of the gains. The sharp rally pushed BNB’s market capitalization to a five-month high of nearly $1.9 billion, making it the 17th largest cryptocurrency by market capitalization.

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Why the Love for Binance Coin (BNB)?

Users on the international, multi-language Exchange can receive a 50% discount on trading fees by paying with the BNB token.

One reason for the sudden surge of crypto exchange tokens such as Binance and Huobi in an otherwise gloomy market could be the liquidity they offer.

The market seems to be learning that these exchange-based crypto-assets are basically a representation of the monetization of trading volumes. The majority of the market appears to agree that the trading volume could increase in the near future. Meanwhile the future value of major cryptocurrencies such as Bitcoin remains a mystery.

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BNB/USD Price Action

Looking at the BNB/USD chart, you’d notice that the pair has been trading within an upward channel after bottoming out in February 2018. It has also kept its position above the daily Ichimoku cloud since April. Wednesday’s gains brought the pair back up to a five-month-high, and 50% Fibonacci retracement level of 17.54. This could also be considered as a strong resistance. While we could still see pullbacks towards the lower band of the upward channel, the general direction of BNB seems to be up.

With that, a range-trading strategy could be advised to medium-term investors.

Join our investing group to get the latest trading signals, stop-loss, take-profit and other limit order ideas on cryptocurrencies, forex and stocks. Our comprehensive signals will help you create a unique strategy for you, according to your risk tolerance.

As the 4th point of the IDDA technique, you must calculate your risk tolerance before deciding on the investment strategy that is suitable for your portfolio.

Don’t forget to complete your risk management due-diligence before developing your investment strategy.

Invest responsibly,

Kiana

CrowdStrike Stock (CRWD): The Move No One Is Talking About But Everyone Should Watch

CrowdStrike is one of the biggest names in cybersecurity. They protect computers, cloud systems, and now even AI models. The company keeps growing fast, keeps making moves with giants like Nvidia and Google, and keeps expanding its platform into places most investors are not watching yet.

That is why this blog exists. There is a lot happening behind the scenes with CrowdStrike. Some of it is obvious. Some of it is quiet. Some of it could shape the future of the stock in bigger ways than the headlines show.

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Nvidia (NVDA) $5 Trillion Milestone Is Still Shaking Up Wall Street – Is This The Peak Of The AI Boom Or Just The Beginning?

After a period of unstoppable momentum, Nvidia (NVDA) is once again dominating headlines – and it’s no wonder Wall Street can’t look away. Once known primarily for gaming graphics, Nvidia has transformed itself into the beating heart of the AI revolution.

Its playbook, centered on innovation, scale, and ecosystem control, has turned the company into one of the most valuable and influential forces in tech history. But as investors cheer its meteoric rise, the question now looms: is Nvidia reaching new heights of sustainable growth, or is it flying too close to the sun?

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Netflix Stock (NFLX): Exciting 10:1 Split. Not-So-Exciting Earnings. What’s Under The Surface?

Netflix is one of the most recognizable companies in the world. It has a massive audience, strong brand awareness, and a long history of reshaping how we watch TV. Recently, Netflix announced a 10:1 stock split. A split does not change the value of the company, but it lowers the price per share and often makes the stock feel more accessible to everyday investors.

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Beyond Meat Stock (BYND) $900 Million Debt Deal News: Lifeline Or Last Gasp Before Collapse?

After months of steep declines and fleeting meme-fueled rallies, Beyond Meat (BYND) is once again in the spotlight – this time for its massive $900 million debt-for-equity deal. Once celebrated as the face of plant-based innovation, the company now finds itself fighting for survival amid collapsing sales, widening losses, and a heavily diluted shareholder base.

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Ferrari Stock (RACE) Plunged Hard. Is It A Short-Term Drop Or A Long-Term Decline?

Ferrari. A name that evokes speed, luxury, and precision.
But lately, its stock has been running into some rough turns.

After hitting record highs earlier this year, Ferrari’s share price took a sharp dive following its Capital Markets Day. Investors were caught off guard. Expectations were sky-high, and the company’s updated targets didn’t quite match the market’s adrenaline.

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