Binance's BNB token is testing a critical long-term support near $545, including its 50-month EMA and 0.618 Fibonacci retracement. A confirmed monthly close below this level could trigger a sharp 40% decline toward $300–$322 by year-end, indicating a major technical breakdown. Analyst AlejandroBTC warns BNB may have peaked and might not return to previous highs, with potential for further significant declines. BNB's weakening market dominance is also reflected in its poor performance against rival token HYPE, suggesting challenges ahead for Binance's native asset.
Following the EU's Markets in Crypto-Assets Regulation (MiCA) deadline, $17.5 billion worth of USDT stablecoins have moved from EU-regulated centralized exchanges like Coinbase, Kraken, and Binance to decentralized exchanges (DEXs), self-custody, and...
Cryptocurrency markets experienced mixed price changes, with Bitcoin falling 1.62% to $58,154 and Ethereum slightly down by 0.33% to $1,558. Several altcoins showed gains, such as ZEC up 2.89%, XLM up 3.54%, and DEXE rising 6.14%. These fluctuations ...
About $200 million in leveraged crypto positions were liquidated in 24 hours, mostly from short positions, triggering sharp rallies in select altcoins while Bitcoin remained subdued. This short squeeze caused altcoins like Solana and Hyperliquid to g...
South Korea's largest crypto exchange, Upbit, will list the Gensyn (AI) token with trading pairs in KRW, BTC, and USDT starting June 30. Gensyn operates a decentralized AI computing network that connects GPU providers with AI developers, allowing dec...
Cryptocurrency markets display varied price changes, with Bitcoin trading above $60,000 and Ethereum around $1,600. Several altcoins such as Solana (SOL) and HYPE have seen significant gains, rising over 6% and 8% respectively. Stablecoins remain ste...
