Binance Coin (BNB) price showed strength on Thursday, climbing 5% in parity with Bitcoin (BTC) price.
Binance Coin price is up 5% in parity with Bitcoin as most altcoins play catch-up. Besides broader market inflection, tailwinds also sprout from Binance exchange getting full regulatory license in Dubai. BNB could break consolidation if Bitcoin price shows strength, with a decisive flip above $566.20 providing a good entry. Binance Coin price showed strength on Thursday, climbing 5% in parity with Bitcoin price.
The report comes on the last day of Token 2049 in Dubai, a two-day global conference series for the crypto and blockchain industry, where decision-makers connect, exchange ideas and shape the future. Notably, Binance CEO Richard Teng attended, featuring among industry players to discuss global crypto regulation and explore their individual and shared vision for the future as an industry. All the action at Binance Clubhouse in Dubai around Token 2049 pic.twitter.
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