Market Analysis
Bitcoin’s range expansion chose the downside, but data suggest the larger breakout is still brewing.
12418
Binance News
Founded in 2017 by Changpeng “CZ” Zhao, Binance has become one of the largest crypto asset exchanges in the market, providing a wide variety of software products and services for buying and selling cryptocurrencies.
The Binance ecosystem encompasses diverse offerings, including the Binance exchange for cryptocurrency trading, the BNB Smart Chain enabling decentralized applications, the Binance Academy for educational content and Trust Wallet for secure asset storage and management.
BNB (BNB) serves as the driving force behind the BNB Chain ecosystem, functioning as its native cryptocurrency token. BNB originated from Binance’s initial coin offering and served as a means for users on the Binance exchange to reduce trading fees upon its launch. In 2019, Binance launched a mainnet blockchain, Binance Chain, with BNB as its coin. In 2020, Binance Smart Chain (BSC) was launched as a separate compatible blockchain alongside Binance Chain. In 2022, Binance merged the Binance Chain and Binance Smart Chain ecosystems under a single label: BNB Chain. Both chains still run parallel and serve distinct roles but are housed under a single name.
Despite its success, Binance is under constant regulatory review as authorities examine whether it complies with global financial laws. This highlights the industry’s unstable regulatory environment and has led Binance to bolster its adherence to laws and regulations in various jurisdictions. Nonetheless, its technological prowess, worldwide reach, and forward-thinking leadership solidify its position as a formidable crypto behemoth.
- Market Update
A negative Coinbase Premium Index and the markets’ reaction to a disappointing Federal Reserve presser catalyzed a “big move” in Bitcoin price.
22730 - Market Update
Bitcoin eyes upside breakout to $122,000, but fading spot ETF flows, lack of volumes and seasonality could stall bullish momentum thereafter.
2435 - Market Analysis
Surging ETH and BNB activity, alongside shifting USDT flows, are all signals that traders are pivoting into altcoins.
2752 - Explained
Binance face scrutiny as India investigates cross-border wallet flows and security risks. Globally, investigative agencies have been acting against illicit crypto funding.
- Altcoin Watch
BNB Chain’s Maxwell upgrade and over $600 million in institutional accumulation may fuel the next leg up for BNB price toward $1,000 and even higher.
1600 - News
Binance co-founder Changpeng “CZ” Zhao is now worth at least $75 billion after the BNB token hit a new all-time high of $850.70.
7529 - Altcoin Watch
Altseason takes center stage as 71% of Binance Futures volume are altcoins.
6918 - Market Analysis
Bitcoin holds firm above $115,000 as resilient buyers absorb sell pressure, setting the stage for a potential breakout to new highs.
6164 - Altcoin Watch
Capital rotation from Bitcoin hints at an accelerating altseason with liquidity, stablecoin inflows and market structure all aligning for a major breakout.
4883 - News
BNB Chain also teased that it’s working on infrastructure that will allow the network to support 20,000 transactions per second.
4979 - News
While spot trading on CEXs dropped 22% in Q2, Bitcoin ETFs saw remarkable growth, with major issuers like BlackRock reporting a 370% surge in inflows.
14829 - Market Analysis
Bitcoin is at risk of a deeper correction to fill the CME futures gap down to $114,000, fueled by profit-taking from whales.
6977 - News
Crypto exchanges listed the TRUMP memecoin four days after its launch on average, compared to 129 days for other major memecoins, Reuters found.
11455 - News
Binance founder CZ shared a tweet alleging Coinbase as the anonymous source behind Bloomberg’s report targeting Trump’s crypto project and Binance.
31036