BNB

Why Strategy sold Bitcoin, VanEck’s BNB bet and a $1.7B ETF exodus
On this episode of CoinDesk's Public Keys from the New York Stock Exchange, host Jennifer Sanasie is joined by Bloomberg Intelligence Senior Research Analyst James Seyffart to break down the SpaceX IPO's pull on crypto capital, four consecutive weeks of Bitcoin ETF outflows topping $1.7 billion, and the Zcash counterfeiting bug. VanEck Director of Digital Assets Product Kyle DaCruz unpacks VBNB, the first US spot BNB ETF, the rise of "revenue chains," and what staking rewards will mean for the product. 100X Capital CIO Joy Pathak — also known as the Wizard of SoHo — shares his top conviction trade in the 10X segment. Plus, Benchmark-StoneX Managing Director Mark Palmer breaks down why the market overreacted to Strategy's first publicized Bitcoin sale, his $570 price target on the company, and his Buy rating with a $32 target on Strive.

BNB rises 2.5%, nears $900 mark as prediction market growth signals utility expansion
A new physically backed BNB exchange-traded product launched on Nasdaq Stockholm, adding to existing investment options.

BNB's price holds above $900 after slight gain but fails to break key resistance
The Fermi hard fork upgrade has improved BNB Smart Chain's throughput and finality, and Grayscale has filed for a BNB ETF.

BNB slides to $900 as traders look to havens
The token's price action shows signs of indecision, with a tight trading range and fading selling pressure.

BNB falls below $885 as broader market pulls back and treasury tensions emerge
The token's performance is likely impacted by a civil war within a major BNB treasury firm, where a shareholder is challenging the company's leadership.

BNB treasury strategy sparks governance battle at CEA Industries
YZi accused CEA of mismanagement and poor communication, and is seeking changes to the board, disclosure of treasury holdings, and more.

BNB falls below $900 even after network upgrade, ecosystem developments as market declines
The BNB Chain's layer-2 network, opBNB, recently completed a major upgrade, the Fourier hard fork, which doubled transaction throughput.

BNB token ticks higher as technical upgrades frame tight price compression
Technically, BNB is compressed between rising support and a descending resistance zone near $910, indicating a balance rather than a clear direction.

BNB slips toward $850 as market pullback weighs on token
The decline comes as bitcoin sank back to $87,000 in Tuesday trade.

BNB at $860 lags broader market as scrutiny of Binance grows
An FT report alleged Binance failed to stop suspicious transactions, despite agreeing to pay $4.3 billion to settle a U.S. criminal case in 2023.

