Binance Coin (BNB) surged past $700 on May 30 but quickly lost momentum amid Bitcoin's sharp drop from $73.5k to $59.1k. BNB tested its four-month range low at $570 as support, briefly bounced to $610, then fell back below $600. On-chain data shows heavy selling pressure and accumulation signals that don't guarantee a price rebound. Technical indicators suggest a bearish trend continuation, with a breakdown below $570 likely confirming further downside risk for BNB.
On November 4, five significant cryptocurrency transfers worth a combined $1.43 billion occurred within three hours, with outflows from exchanges exceeding inflows by $156.2 million. The largest transfer was 506.4 million USDT moved between unknown w...
Trading volume in major meme markets rose 26.6% to about $203 million in 24 hours as of Nov. 5. Solana dominated the activity, accounting for 60% of the volume with approximately $122 million traded. Robinhood followed with $50.61 million (25%), and ...
An on-chain analyst identified a wallet connected to 鱼池 co-founder 王纯 that exchanged 6,200 wrapped staked Ether (wstETH) for 18.5 million USDC. This transaction occurred as Ether's price rose from $2,315 to $2,440, with the swap averaging $2,390 per ...
Ripple issued 110.57 million RLUSD stablecoins on November 2 following a 28.7% drop in RLUSD supply on the XRP Ledger. This issuance is part of treasury management and not directly linked to Binance's recovery efforts. Binance resumed RLUSD withdrawa...
Eli Ben-Sasson, co-founder of Zcash, has warned that advanced AI systems pose a significant threat to cryptography and crypto wallet security, potentially even before quantum computers become a major risk. He highlighted the rise in AI-powered cybera...
