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Binance is one of the worlds largest cryptocurrency exchanges. In 2017, the exchange began offering services. It has more than 169 million users worldwide. The exchange is straightforward for customers and has a low transaction fee.

There have been a lot of things happening around Binance. In one of the most recent updates, Binance CEO Changpeng Zhaostepped downas CEO and pleaded guilty to criminal charges. Following the reports, the price of BNB also dropped. However, the price has recovered recently.

Also read:VeChain New Year Price Prediction: How High Can VET Go?

Binance Coin (BNB) is trading at $330 at press time, according toCoinMarketCap, with an 11% surge in value over the last 24 hours. Alongside the whole cryptocurrency market, Binance Coin is also trading in green. With the New Year almost here, here is our price prediction for BiNB for January 2024.

Various factors, such as market conditions and price action, will determine whether Binance Coin (BNB) can shoot up in price in January 2024.

Based on BNBs behavior at the start of 2023, cryptocurrency experts atChangellyoffer their price prediction for Binance Coin for January 2024. For this timeframe, BNBs price is anticipated to be $435. During January, the minimum price is anticipated to be $322. The maximum price is expected to reach $548.

Also read:Dogecoin New Year Price Prediction: How High Can DOGE Go?

According to the latest CoinMarketCap data, Binance Coin is trading at $330. Its had an 11% surge in value over the last 24 hours. BNB has currently surged past the $300 resistance, eyeing the next level even when the whole market trades in the red and green. However, prices can fluctuate and vary depending on the overall market conditions.

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How High Can Binance Coin (BNB) Surge in January 2024? - Watcher Guru

As we speak about the current cryptocurrency market, its well worth noting that Binance Coin (BNB) has made an impressive recovery, with a 9% increase within the past 24 hours. Meanwhile, Solana (SOL) has declined by 6%, inflicting Binance Coin (BNB) an upward push to the fourth position. Despite indicators suggesting a possible price increase, regulatory problems have overshadowed Binance Coin (BNB). Meanwhile, the newly introduced decentralized platform Pushd is ready to revolutionize e-commerce by providing a decentralized market with several modern innovations to outpace traditional giants, including eBay and Amazon.

Binance Coin (BNB) has rebounded with a 9% surge, reclaiming its reputation as the fourth-biggest cryptocurrency from Solana (SOL). However, the regulatory challenges create demanding situations, contributing to consumers heightened Fear, Uncertainty, and Doubt (FUD). Despite current declines in the Funding Rate and Weighted Sentiment, analytical signs suggest a price boom in the approaching year. Nevertheless, Binance Coin (BNB) aims to surpass its preceding All-Time High with a projected price target of $400 through 2024. It is crucial to notice that the belief of claiming this mark also can go beyond January.

Solana (SOL) faces a setback with a 6% drop in the recent 24 hours, marking the end of a current ecosystem frenzy. The Solana (SOL) based meme coin rally also sees a decline, with leveraged long positions worth $32 million liquidated. Meme tokens like BONK and WIF have plummeted over 50% from their December highs, signaling income-taking and waning interest. BNB Smart Chains native token (BNB) capitalizes in this, rallying 9% in 24 hours, regaining the fourth spot in market capitalization from Solana (SOL).

Pushd is set to emerge as a decentralized game-changer, promising a seamless marketplace experience for consumers and sellers alike. Nevertheless, Pushd will eliminate the need for KYC (Know Your Customer) processes, making it easier and quicker for users to sign up and list their products, unlike traditional online trading platforms. Additionally, the Pushd will offer a unique swap service, enabling instant currency exchange and supporting various cryptocurrencies for transactions.

Addressing troubles in traditional marketplaces, Pushd will ensure low platform fees, instantaneous fund releases, and decentralized governance. Offering features like immediate deposits, revenue sharing for presale buyers, and a commission-free swap service, Pushd aims to redefine decentralized e-commerce, emphasizing security, transparency, and decreasing fees compared to centralized counterparts.

Pushds first presale phase begins at an appealing rate of $0.035, it will offer an exciting investment opportunity with significant growth potential. With a dedication to transparency and innovative capabilities, Pushd will be equipped to shape the destiny of decentralized e-commerce while also serving as a promising investment portfolio for investors.

For more information about the Pushd (PUSHD) Presale, visit their website.

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Binance Coin (BNB) rises in value, Solana (SOL) takes a slight dip while the new presale Pushd (PUSHD) goes live - Analytics Insight

The Solana (SOL) bulls are regaining control as trading volumes start picking up again at the start of 2024.

As per data presented by Yahoo Finance, $2.2 billion in spot SOL/USD trading volumes changed hands on Monday, up sharply from the low volumes of around $1.7 and $1.8 billion seen over the past two days, as SOLs price pushes back towards $110.

SOL was last around $108, up around 4% in the past 24 hours as per CoinMarketCap, and eyeing a run back towards Decembers multi-quarter highs at $125.

Solana was a star performer in December, gaining over 70% amid a surge in meme coin trading and airdrop hunting on the blockchain, which helped pump bullish narratives around the blockchains ability to rival Ethereum thanks to its innovative technology, super fast transactions and low fees.

Solana traders, just like broader cryptocurrency market participants, will be monitoring themes this like such as the potential approval in the US of spot Bitcoin ETFs, upcoming US macro data (namely the December jobs report out on Friday), and will be keeping an eye on Solana on-chain metrics to see whether the latest growth in activity is showing any signs of slowing.

Solana currently has a market cap of just under $47 billion, versus Binance Coin (BNB)s market cap of around $47.5 billion.

Thats a very meagre gap to close, and one that Solana, prior to last weeks pullback from multi-quarter highs, has already closed in recent memory.

Indeed, Solana briefly became the fourth largest cryptocurrency in the world last week, behind only Bitcoin (BTC), Ether (ETH) and Tether USD (USDT) as its price peaked around $125.

Arguably, Solana stands a very good chance of overtaking BNB once again, given the former strong bullish momentum, and given the latters very weak momentum.

BNB was a laggard in 2023, gaining less than 30% over the course of the year versus Bitcoins gain of over 160%, Ethers gain of around 100% and Solanas stunning gain of around 1,000%.

The aforementioned bullish narratives surrounding Solanas use case and potential to rival the likes of Ethereum and Bitcoin are likely to continue contributing to growing interest in the blockchain, at a time when BNB is struggling to benefit from any bullish narratives of its own.

Many crypto enthusiasts have long been skeptical of the BNBs reliance on crypto exchange Binance (who developed and launched it and has been marred by legal issues in 2023), while some have derided its lack of innovation.

Perhaps BNB is overdue a catch-up to the rest of the market, but the momentum is with Solana, which remains odds-on to steal the number four spot in the crypto rankings.

Solana price predictions are likely to remain bullish as traders eye a retest of April 2022 highs in the $140s.

While Solana (SOL) could offer good upside prospects for the months ahead, traders should always look to diversify their crypto holdings.

For those with a strong risk tolerance, investing in promising up-and-coming web3 project by buying into their token presales is one good way to generate potential quick exponential gains.

Cryptonews.com spends a lot of time analyzing which presales have potential, and one such project that they are big fans of is an exciting new project calledMeme Kombat.

Meme Kombat blends together the world of crypto gaming and gambling with its exciting platform where users are able to bet on the outcomes of exciting battles between characters based on some of the crypto worlds most popular meme coins.

Early $MK investors can also benefit from generous staking rewards, which are currently more than 100% annually.

The project has already raised close to $5.25 million, despite launching just weeks ago.

Visit Meme Kombat Here

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

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Solana Price Prediction as $2.2 Billion Trading Volume Comes In Can SOL Overtake Binance Coin? - Cryptonews

Source: X / @cz_binance

Former Binance CEO Changpeng Zhao, commonly known as CZ, has been blocked from traveling again as his sentencing for criminal charges approaches in late February.

On December 29, in the U.S. District Court for the Western District of Washington in Seattle, Judge Richard Jones issued a sealed order denying Zhaos request for permission to travel. CZ was granted $175 million in bail as he awaits sentencing for various violations of banking laws but is subject to travel restrictions preventing him from leaving the United States.

While the details of the motion are not publicly available, CZ and his defense team have sought to seal documents related to his travel outside the U.S., citing the inclusion of private and sensitive medical information about one of Zhaos children. The filings aim to justify the sealing request to protect the confidentiality of personal details.

This sealed order marks the second instance of the court restricting Zhaos movements. Last month, Judge Richard Jones ordered that a condition allowing Zhao to return to his home in the United Arab Emirates be stayed until the court resolves the governments motion for review. Prosecutors had raised concerns about Zhao being a flight risk, citing his wealth and the lack of an extradition treaty between the UAE and the U.S.

The specific medical information provided to the court under seal in Zhaos case remains undisclosed. Zhao is known to have three children with Yi He, a former talk show host and co-founder of Binance.

CZ and Binance were part of a lengthy investigation that concluded with a substantial settlement with various U.S. agencies. Zhao had to step down as CEO, and he is currently facing criminal charges related to the violations committed by the cryptocurrency exchange.

On November 21, CZ faced charges relating to the failure to maintain an effective anti-money laundering (AML) program at Binance. Following the charges, CZ pleaded guilty in Seattle court to violating the Bank Secrecy Act and also causing Binance to violate it.

As part of the plea agreement, he agreed to pay a $50 million fine. The U.S. Department of Justice settled a related case with Binance last month. The settlement involved alleged money laundering, fraud, and sanctions violations, with Binance agreeing to pay a $4.3 billion fine. Subsequently, he was granted bail ahead of his sentencing.

However, prosecutors raised concerns about CZ being a flight risk, citing his wealth and the lack of an extradition treaty between the United Arab Emirates (UAE) and the U.S. On December 7, Judge Richard Jones ruled in favor of the government prosecutors, barring CZ from leaving the United States.

Despite legal challenges, Zhaos wealth has reportedly grown rapidly in 2023, increasing by almost $25 billion, according to the Bloomberg Billionaires Index. His wealth now exceeds $37 billion, making him the 35th richest person globally, according to the index.

CZ is scheduled to be sentenced on February 23, 2024, and he could face a maximum prison sentence of 18 months based on the current legal proceedings.

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Former Binance CEO Changpeng Zhao Barred from Travel by US Judge - Cryptonews

Key Takeaways

Coinbase Global (COIN) shares jumped as biitcoin (BTCUSD) traded at a 2023 high, and it appeared the firm has benefited from the recent legal problems for the worlds largest crypto exchange, Binance.

Data analyzed by on-chain research firm CryptoQuant reported by Coindesk suggests that Coinbases reserves of bitcoin have jumped recently, while theyve declined at Binance.

Earlier this week, Binance pleaded guilty to federal charges of money laundering. The company agreed to pay $4.3 billion in penalties, and founder and CEO Changpeng Zhao, known as CZ, also pleaded guilty and said he would step down.

Analysts indicated that another potential benefit to Coinbase is that the Binance legal decision may help pave the way for U.S. regulators to approve a Bitcoin exchange-traded fund (ETF).

Bitcoin traded above $38,000 for a short period before giving up some ground. It remained in positive territory at midday.

Shares of Coinbase Global were at their highest level since April 2022.

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Coinbase Shares Advance After Bitcoin Hits $38K, Binance Settlement - Investopedia