What is the name of this number? Is it transcendental?

Here, since I was "nominated" to answer, is what little I know.

The binary version is called the "prime constant" on some internet sites, but I am not aware of any substantial work on this number.

I initially found it by googling "0 1 1 0 1 0 1 0 0 0 1 0 1 0 0 0 1 0 1", which brought me this link to the CRC concise encyclopedia of mathematics with references to OEIS. I could also have entered a similar search on oeis.org. I saw sequence A010051, the characteristic function of the primes. One of the cross references there is sequence A051006, also referenced in the encyclopedia article, which is the decimal expansion of the "prime constant", with that name given. Another Google search with name in hand brings up the Wikipedia article.

Both binary and decimal versions are irrational because the expansions do not repeat, but I can offer no useful comment on the question of transcendentality. As Dan Brumleve notes, a Wikipedia article claims that the binary version is suspected transcendental. As Gerry Myerson notes, "every number not known to be algebraic is suspected transcendental."