BNB dropped about 5% to around $576 due to uncertainty over Binance's approval under the EU's MiCA regulations ahead of the July 1 deadline. This decline coincided with a broader crypto market selloff driven by a hawkish Federal Reserve outlook and weakening institutional demand, with Bitcoin and Ethereum ETFs seeing significant outflows. Technical analysis highlights critical support around $582-$585; a break below this could lead to further declines toward $556. The regulatory risk and market sentiment remain key factors influencing BNB's near-term price action.
Binance, the largest crypto exchange, recorded a net outflow of $594 million USDT in 24 hours, meaning more stablecoins left the platform than entered. This movement may indicate traders shifting funds to other platforms, DeFi protocols, or wallets, ...
BNB price has fallen below $600, trading near $575, due to mounting pressure from the EU's upcoming MiCA license deadline on July 1, 2026. Binance faces regulatory uncertainty in Europe, with opposition from ECB President Christine Lagarde and possib...
Bitcoin, Ethereum, and several other major cryptocurrencies experienced significant price declines exceeding 5% in a recent market downturn. Bitcoin fell to around $62,488, while Ethereum dropped to about $1,679. This widespread sell-off reflects inc...
BlackRock has risen to become the third-largest Bitcoin holder globally, controlling about 764,000 BTC according to Arkham data. This places it behind only Satoshi Nakamoto and Coinbase, and ahead of Binance, which holds around 670,000 BTC. The ranki...
Nearly $460.9 million in leveraged crypto positions were liquidated in 24 hours as Bitcoin and Ethereum gains caused a broad short squeeze, forcing many traders betting on price drops to close positions. Bitcoin rose 1.09% to $140,697 and Ethereum cl...
