BNB has firmly established itself as the fourth-largest cryptocurrency by market capitalization, pulling ahead of XRP with a market cap of $93.99 billion compared to XRP's $81.90 billion. This gap of $12 billion highlights BNB's growing dominance, supported by a 6.1% weekly price increase and rising open interest. The launch of the VanEck BNB ETF in the U.S. has also contributed to this momentum, reflecting broader regulatory acceptance of crypto ETFs. Meanwhile, newer tokens like HYPE have overtaken Dogecoin, signaling shifts in the crypto market landscape.
Binance Coin (BNB) has broken out of a weeks-long consolidation phase, rising above the $700 resistance level to reach $746.11, driven by strong institutional demand following the launch of a VanEck BNB-linked ETP. This breakout is supported by incre...
Ethereum (ETH) has fallen 12.5% in the past month and is struggling to stay above $2,000, with historical data showing June often brings losses for ETH. Open interest in ETH futures hit a record high, signaling bullish positioning despite recent weak...
BNB's open interest in derivatives jumped 35% to $1.43 billion within 24 hours, surpassing XRP and Dogecoin. This surge coincides with the launch of the first BNB spot ETF in the US by VanEck, boosting institutional interest. BNB's price rose over 7%...
Modest gains in Bitcoin and Ethereum caused a wave of short liquidations in crypto derivatives markets, with $4.9 billion in Bitcoin shorts and $5.6 billion in Ethereum shorts liquidated over 24 hours. This indicates heavy bearish positioning, making...
In Q1 2026, XRP's price dropped 27.1% to $1.34, causing it to lose its position as the fourth-largest digital asset to BNB. Despite this decline, XRP ETFs in the U.S. quickly reached $1 billion in assets under management, driven by corporate and inst...
