BNB price recently traded near $660 after briefly surpassing $690, recovering from April lows around $580. Grayscale's second amendment to its spot BNB ETF filing with the SEC highlights ongoing institutional interest, though regulatory approval remains uncertain due to SEC's cautious stance on Binance-related products. Technical analysis shows BNB testing a key resistance zone near $690, with potential targets at $700 and $780 if a breakout occurs. Long-term charts suggest strong accumulation zones between $300-$500 and ambitious upside targets over several years, while derivatives and ecosystem activity indicate growing market confidence. Investors are watching closely for a confirmed breakout above $690 to validate the bullish momentum.
The cryptocurrency market experienced a decline with Bitcoin dropping 2.69% to $79,086 and major altcoins like Ethereum, XRP, and Solana also falling. Trading volumes across spot, stablecoin, and derivatives markets weakened significantly, signaling ...
Garrett Jin, a former Ethereum whale, has recently acquired over 71,000 Binance Coin (BNB), worth nearly $50 million, signaling a possible shift in smart money from ETH to BNB. This move aligns with broader whale accumulation trends and coincides wit...
Research firm Messari analyzed Binance's spot market in 2025 and found that buying newly listed tokens led to a 71% crash on average. This significant drop means investors who purchased these new tokens faced substantial losses. The data highlights t...
Binance announced it will launch the BTC/USD1 perpetual futures trading pair starting May 18, marking the first time the stablecoin USD1 is used as a primary settlement asset on the exchange. Previously, USD1 was only a secondary collateral option. T...
Bitcoin ETFs opened the door for crypto investment through traditional finance, and now ETFs for other major tokens like Ethereum and Solana are emerging. This shift marks a new era where crypto assets are increasingly legitimized and accessible via ...
