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 RSI of 64.26, indicating strength without being overbought. Open interest in BNB derivatives has increased from $820 million in early July to over $1 billion by mid-August, suggesting growing trader activity. Key price resistance is at $614.99, with a potential target of $620 if broken, while support lies between $602 and $603. Additionally, BNB Chain reported strong activity in its tokenized stock product, with 67 bStocks, over $18 billion in volume, and $560 million in assets under management, highlighting ecosystem growth though not directly affecting BNB price yet.
BNB's price dropped about 6% over two sessions, falling from around $757 to near $710 due to inflation worries and potential Federal Reserve rate hikes. The broader crypto market also declined, with Bitcoin and Ethereum down 2.5% and 3% respectively....
Binance announced it will remove the Pax Dollar (USDP) stablecoin from its platform, ending all related services in stages starting September 11, 2026, with full withdrawal access ending November 24, 2026. European Economic Area (EEA) users have alre...
Cryptocurrency markets saw a general decline with major coins like Bitcoin dropping 2.03% to $77,737 and Ethereum falling 1.66% to $2,457.87. Other notable cryptocurrencies such as Binance Coin, XRP, and Dogecoin also experienced significant decrease...
Binance announced it will delist the Pax Dollar (USDP) stablecoin from spot trading starting September 24, automatically canceling all pending orders and ending margin, lending, payments, and other services on staggered dates before then. Withdrawals...
Coinbase has been identified as the third-largest holder of XRP after blockchain data platforms labeled 146 previously unknown wallets as Coinbase-owned, totaling 5.5 billion XRP. This update corrected an earlier automated alert that mistakenly sugge...
