BNB price traded near $605 after reclaiming the key $600 level, supported by technical indicators like the 100-day moving average and a rising RSI of 65.15. Momentum is improving but volume remains thin, which may limit a strong breakout. Immediate resistance lies between $606 and $610, with liquidation clusters around $618–$623 potentially triggering a short squeeze if surpassed. Longer-term, BNB could target $780–$790 if it clears major resistance zones, but losing support below $594 would weaken the bullish outlook.
Bitcoin's futures market experienced its sharpest deleveraging since 2023, with Binance's Bitcoin futures open interest briefly falling below its 180-day average during the largest liquidation event of the current cycle. This was driven by forced liq...
Bitcoin traded near $79,972, up 0.43% in 24 hours, with optimism for reaching $85,000 fueled by strong ETF inflows and bullish market sentiment. The global crypto market cap rose to $2.72 trillion, led by gains in Solana, Ethereum, XRP, and BNB. Key ...
Tokenized stock trading volume reached nearly $3 billion weekly in August, driven by Robinhood Chain, BNB Chain, and Solana, which dominate blockchain-based equity trading. This growth highlights the rapid expansion of markets allowing investors to t...
Open interest in altcoin futures for ZEC, BNB, ARB, XRP, and SOL has surged, with ZEC reaching a record $2.4 billion amid a price rally past $1,000 that liquidated $34 million in shorts. This rise reflects aggressive speculative leverage rather than ...
Binance has launched perpetual futures contracts for two new crypto tokens: PONS from Robinhood Chain and HAJIMI from BNB Smart Chain. PONS, a utility token with a deflationary model, offers up to 20x leverage and nears a $1 billion market cap, while...
