Bitcoin (BTC) surged 2.61% to $29,657, meanwhile, its largest peer, Ethereum, was also trading higher and climbed above the $1,850 level.

Bitcoin and other crypto tokens are mostly down on Thursday on the back of profit booking.

Poly Network, an interoperability platform, was hacked over the weekend, with the attacker using a vulnerability in the cross-chain bridge

Binance is also preparing a BNB Chain layer-2 scaling solution to improve network transaction speeds and costs.

In trading, timing is everything and it appears that some traders put in well-timed sell orders for BNB tokens, ahead of the massive SEC

The most recent Binance Coin price analysis reveals that the price is recovering following a steep decline yesterday.