Binance Coin (BNB) sets a new all time high amidst the crypto winter

11 Feb, 2019 | Updated: 11 Feb, 2019
by Will Heasman
News
Binance Coin (BNB) sets a new all time high amidst the crypto winter

Binance Coin (BNB) has broken away from the pack, exhibiting some of the most impressive movements seen since the start of 2018.

Over the past few weeks BNB has gone from strength to strength, barely straying from a continued upward trajectory, and finally, today, setting a highly coveted and brand new all-time high of 0.00264172 BTC ($9.64) for the BNB/BTC pair.

The sentiment surrounding BNB is also on a high. Binance’s many bullish announcements range from the recent implementation of debit and credit card payments on the platform to the incipient launch of Binance Launchpad, all of which are contributing nicely in the overall attitude towards the cryptocurrency.

The nascent exchange has risen from relative obscurity to pride of place as one of the most influential companies in the cryptocurrency industry, with plans to maintain this prominence well into 2019 with the highly anticipated launches of the Binance DEX and Binance Chain; initiatives which will see the firm expand far beyond its status as a cryptocurency exchnage. 

Read more: A promising Q1 ahead... What's next for Binance and BNB?

The crypto community came out in their masses to congratulate the CEO of Binance, CZ for his continued effort in promoting and building BNB and the Binance exchange.

  

Back in January of last year, amidst the tail end of a major bull run, BNB managed to climb up to an unprecedented height, setting an inaugural USD/BNB & BTC/BNB ATH of $24.46 & 0.00177 BTC respectivly. At the time BTC was priced at around $13,600.

Read moreThese are the 3 coins to watch for February - CryptocurrencyBinance Chain will charge "close" to $100k to list new coins, says CZ

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This surely looks better than usdc or gusd. It's fun to watch exchanges launching their own stablecoins.
12 Feb, 2019 - 16:13

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