BNB price has risen over 2% this week, approaching the $680 resistance level that forms the neckline of a bullish double bottom pattern on the weekly chart. This breakout could trigger a rally toward $780-$800. The price recovery is supported by growing investor optimism around spot BNB ETF applications from Grayscale and VanEck, as well as increased institutional access through Teucrium’s XBNB ETF. Additionally, expanding real-world asset integrations on the BNB Chain with BlackRock and Franklin Templeton strengthen its long-term utility narrative. Technical indicators like MACD and RSI also point to improving bullish momentum, while key support levels at $650 and $600 remain important for sustaining the uptrend.
Ethereum has strengthened its position as the top staking network with a 12.13% weekly increase in staked market cap, reaching $78.08 billion. This growth highlights a shift of investor interest back to large-cap, liquid networks despite mixed result...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Binance has introduced an $800,000 XRP airdrop campaign for holders of Ripple's stablecoin RLUSD, offering weekly XRP rewards until August 14. To qualify, users must hold at least 0.01 RLUSD and meet a daily average trading volume of $500 in Margin o...
BNB Chain completed its 36th quarterly token burn, destroying 1,615,827.795 BNB tokens valued at approximately $931.70 million. This burn reduced the total BNB supply to 133.16 million, part of a long-term plan to lower supply to 100 million. The bur...
BNB Chain completed its 36th quarterly token burn by sending 1,615,827.795 BNB tokens, valued at nearly $932 million, to dead wallets. This burn reduces the total BNB supply to 133,166,127.91 tokens as part of an ongoing auto-burn system aimed at low...
