Binance Coin (BNB) increased by 2.91% on August 11, with spot trading volume on Binance jumping 61.49% to 142.49k BNB. The price rally originated from the $600 level, coinciding with a cryptic teaser from Binance hinting at a potential integration with the X platform. Despite this short-term bullish momentum, BNB remains within a long-term bearish trend since mid-June, trading between $540 and $620. Technical indicators show weak demand overall, but a rally up to $701 is possible if the $620 resistance is breached. Traders are advised to watch key support and resistance levels for signs of sustained momentum or reversal.
Binance bStocks has quickly risen to become the second-largest issuer of tokenized stocks, reaching $610.6 million in assets under management less than two months after its launch. This milestone allowed Binance bStocks to narrowly overtake xStocks, ...
BNB is trading at $611.24, slightly up by 0.13% in the last 24 hours, maintaining levels above the 20-, 50-, and 100-day EMAs but still below the 200-day EMA at $645.19, which remains a significant resistance. The token's momentum is stable with an R...
Pi Network has completed Protocol 26, requiring all 421,000 nodes to upgrade by August 11, 2026, and is preparing for Protocol 27, termed the "final planned upgrade" to stabilize the mainnet. This upgrade aims to end frequent mandatory changes and sh...
Veteran Bitcoin traders currently hold record unrealized profits, nearly three times higher than the 2021 peak, driven by spot Bitcoin ETF inflows and digital asset treasury companies absorbing supply. This market shift has led to a deleveraging phas...
Bitcoin fell to about $63,500 following a U.S. inflation report that matched expectations, easing concerns about immediate Federal Reserve rate hikes but failing to spark a strong crypto rally. The inflation data showed a 0.1% monthly rise and 3.4% a...
