By Afe Funbi Key highlights: BNB price recovered over 35% from the crash, reclaiming the $1,350 level and setting new all-time highs. Analysts indicate that BNB’s rally still has a long way to go, with some predictions targeting the $2,400 level. Strong fundamentals, from Binance ecosystem growth to regular token burns, keep investor confidence high. […]
Tag: BNB
By Marco Piccolo Key highlights: China Renaissance aims to raise $600 million for a U.S.-listed fund dedicated to holding BNB, the native token of the BNB Chain. YZi Labs, the $10 billion family office of Binance co-founder Changpeng Zhao, will co-lead the initiative with a $100 million commitment. The move marks a significant institutional push […]
By YDN Key Points Altcoins suffered even steeper losses, with Cardano and Dogecoin each shedding over 20% in value. Major trading platforms including Binance, Coinbase, and Robinhood buckled under unprecedented trading volume, leading to widespread technical disruptions. Over $9.5 billion in leveraged positions were liquidated within hours, with longs accounting for the vast majority. […]