{"id":14261,"date":"2022-12-09T21:38:28","date_gmt":"2022-12-09T21:38:28","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/12\/09\/binance-bnb-usd-to-266-will-a-bitter-exchange-between-binance-ceo-and-sbf-hurt-token-further\/"},"modified":"2022-12-09T21:38:28","modified_gmt":"2022-12-09T21:38:28","slug":"binance-bnb-usd-to-266-will-a-bitter-exchange-between-binance-ceo-and-sbf-hurt-token-further","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/12\/09\/binance-bnb-usd-to-266-will-a-bitter-exchange-between-binance-ceo-and-sbf-hurt-token-further\/","title":{"rendered":"Binance (BNB\/USD) to $266? Will a bitter exchange between Binance CEO and SBF hurt token further?"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/08\/1661289595004-4c46ff46-cc92-4d78-8c0e-9a188b31b45d-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/08\/1661289595004-4c46ff46-cc92-4d78-8c0e-9a188b31b45d-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/08\/1661289595004-4c46ff46-cc92-4d78-8c0e-9a188b31b45d-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/08\/1661289595004-4c46ff46-cc92-4d78-8c0e-9a188b31b45d-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2022\/08\/1661289595004-4c46ff46-cc92-4d78-8c0e-9a188b31b45d.jpg\" alt=\"\" width=\"100%\" height=\"100%\"\/>\n<\/picture>\n                    <\/div>\n<ul>\n<li dir=\"ltr\">\n<p dir=\"ltr\">Binance has been on a gradual decline since touching $315<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">The cryptocurrency has lacked constructive catalysts to take the worth greater<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">BNB faces a decline to the $266 help zone\u00a0<\/p>\n<\/li>\n<\/ul>\n<p dir=\"ltr\"><a href=\"https:\/\/coinjournal.net\/binance-coin\/what-is-binance-coin\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>Binance<\/u><\/a> (BNB\/USD) continues to consolidate however is on a short-term descent after tapping a minor resistance. As of press time, BNB was buying and selling at $289 and trying more and more bearish. Investors now stare at a potential worth backside at $266.<\/p>\n<p dir=\"ltr\">The decline in BNB comes amid restricted fundamentals to help the cryptocurrency. Across the overall sector, the market is combined, with most <a href=\"https:\/\/coinjournal.net\/cryptocurrencies\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>cryptocurrencies<\/u><\/a> consolidating. That underlines that BNB\u2019s worth motion mirrors that of the sector, with traders nonetheless reeling from the FTX impacts. While Binance\u2019s reassurances of stability have a minimum of supported BNB, the latest gradual features imply traders are cautious.<\/p>\n<p dir=\"ltr\">The buying and selling comes at the same time as a bitter exchange ensues between Binance CEO Changpeng \u2018CZ\u2019 Zhao and former FTX head Sam Bankman-Fried. The exchange on Twitter associated to an exit by Binance on funding in FTX again in 2021. Bankman-Fried accused CZ of demanding an additional $75 million kickback. Instead, CZ known as SBF a \u201cfraudster,\u201d on the lookout for somebody to blame for the FTX implosion. Of course, the exchange harms an already depleted market confidence as traders are uncertain which exchange is subsequent.\u00a0<\/p>\n<h2 dir=\"ltr\"><strong>BNB tendencies decrease, with weakening momentum<\/strong><\/h2>\n<p dir=\"ltr\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/media.igms.io\/2022\/11\/09\/1670612752838-459f8f98-fa24-4a6f-a5ad-65f7475e68b2.png\" style=\"width: 600px\" class=\"fr-fic fr-dib\" width=\"600\" height=\"304\"\/><\/p>\n<p dir=\"ltr\"><a href=\"https:\/\/www.tradingview.com\/symbols\/BNBUSD\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>BNB\/USD Chart by TradingView<\/u><\/a><\/p>\n<p dir=\"ltr\">Technically, BNB is barely bearish. The RSI is on the midpoint that means that bulls are muscling equally with the bears. However, the MACD indicator reveals that momentum has weakened. Similarly, the MACD and sign line lies within the impartial zone.\u00a0<\/p>\n<h2 dir=\"ltr\"><strong>Will BNB keep bearish?<\/strong><\/h2>\n<p dir=\"ltr\">With the restricted fundamentals to help\u00a0<a href=\"https:\/\/coinjournal.net\/binance-coin\/#:~:text=The%20price%20of%20BNB%20today,in%20the%20last%2024%20hours.\" rel=\"noopener noreferrer\" target=\"_blank\"><u>BNB price<\/u><\/a> and the non-ensuing confidence disaster, the token might fall additional. The worth motion helps a decline to the subsequent help at $266.\u00a0<\/p>\n<p dir=\"ltr\">Buyers are, nevertheless, relentless, as proven by the studying on the RSI and MACD. For BNB to preserve the uptrend, the worth should get better above $315. However, because it seems to be, we might have to shelve the ambitions till a additional date.<\/p>\n<h2 dir=\"ltr\"><strong>Where to purchase BNB\u00a0<\/strong><\/h2>\n<h3>\n    eToro<\/h3>\n<p>eToro affords a wide selection of cryptos, resembling Bitcoin, XRP and others, alongside crypto\/fiat and crypto\/crypto pairs. eToro customers can join with, be taught from, and copy or get copied by different customers.<\/p>\n<p>\n    <a href=\"https:\/\/coinjournal.net\/visit\/etoro-crypto?guid=OTcwMDA&amp;component=simple-table&amp;language=en&amp;country=US&amp;state=AZ&amp;position=1&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n                    Buy BNB with eToro today            <\/a><br \/>\n            <button class=\"flex items-center mt-2 text-sm text-gray-600 focus:o-outline-none\" data-tooltip=\"Cryptoasset investing is unregulated in some EU countries. No consumer protection. Your capital is at risk.\" aria-expanded=\"false\"><br \/>\n            <span class=\"border-b border-gray-600 border-dotted\">Disclaimer<\/span><br \/>\n            <span class=\"ml-1\"><br \/>\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\" role=\"img\" viewbox=\"0 0 512 512\" class=\"w-3 h-3\">\n                    <path fill=\"currentColor\" d=\"M256 40c118.621 0 216 96.075 216 216 0 119.291-96.61 216-216 216-119.244 0-216-96.562-216-216 0-119.203 96.602-216 216-216m0-32C119.043 8 8 119.083 8 256c0 136.997 111.043 248 248 248s248-111.003 248-248C504 119.083 392.957 8 256 8zm-36 344h12V232h-12c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12h48c6.627 0 12 5.373 12 12v140h12c6.627 0 12 5.373 12 12v8c0 6.627-5.373 12-12 12h-72c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12zm36-240c-17.673 0-32 14.327-32 32s14.327 32 32 32 32-14.327 32-32-14.327-32-32-32z\"\/>\n                <\/svg><br \/>\n            <\/span><br \/>\n        <\/button>\n    <\/p>\n<h3>\n    Binance<\/h3>\n<p>Binance is without doubt one of the largest cryptocurrency exchanges on this planet. It is healthier suited to extra skilled traders and it affords a giant variety of cryptocurrencies to select from, at over 600.<\/p>\n<p>Binance can be identified for having low buying and selling charges and a a number of of buying and selling choices that its customers can profit from, resembling; peer-to-peer buying and selling, margin buying and selling and spot buying and selling.\n<\/p>\n<p>\n    <a href=\"https:\/\/coinjournal.net\/visit\/binance-crypto?guid=OTcwMDA&amp;component=simple-table&amp;language=en&amp;country=US&amp;state=AZ&amp;position=2&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n                    Buy BNB with Binance today            <\/a>\n    <\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this text<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/bnb-to-266-will-a-bitter-exchange-between-binance-ceo-and-sbf-hurt-token-further\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Binance has been on a gradual decline since touching $315 The cryptocurrency has lacked constructive catalysts to take the worth greater BNB faces a decline to the $266 help zone\u00a0 Binance (BNB\/USD) continues to consolidate however is on a short-term descent after tapping a minor resistance. As of press time, BNB was buying and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7251,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[4],"tags":[192,5464,4269,44,541,200,4979,247],"class_list":["post-14261","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-binance","tag-bitter","tag-bnbusd","tag-ceo","tag-exchange","tag-hurt","tag-sbf","tag-token","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/14261","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=14261"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/14261\/revisions"}],"predecessor-version":[{"id":14262,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/14261\/revisions\/14262"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/7251"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=14261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=14261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags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