BNB suffered a sharp 6% drop, plunging from around $1,088 to near $1,020 as it breached the key $1,080 support zone. The breakdown occurred amid wider crypto market turbulence, raising fresh concerns about BNB’s near-term outlook and market structure.
Author: ethan
ethan
Ethan Moore follows the faster-moving corners of crypto, from altcoins and AI crypto to gaming, NFTs, launchpads and airdrops. His reporting looks at what is actually live, what users can participate in and whether early attention is backed by product development, community activity or verifiable traction.He regularly contributes context on Layer 1 developments and Web3 or DeFi trends connected to broader ecosystem growth.
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Ripple has unveiled its new prime brokerage platform, Ripple Prime, designed to offer U.S. institutional investors direct access to digital asset spot trading, marking a key expansion in its financial services portfolio.
Changpeng Zhao (CZ), the founder of Binance, deleted a controversial post on the social network X. In the post, he denied involvement in Kyrgyzstan’s new Bereket Bank. The deletion comes after President Sadyr Japarov publicly claimed CZ proposed the idea, raising doubts about CZ’s ties to Kyrgyzstan. The controversy escalated following an interview by President Japarov with the local Kabar agency. Japarov stated that CZ proposed creating a private crypto bank in a key meeting in May 2024. According to the president, Zhao rejected the idea of a state bank but agreed to proceed with a private entity. This version…
Bitcoin (BTC) failed to overcome the key resistance of $110,000. This stagnation coincides with new selling pressure. Bitcoin miners have begun to liquidate their holdings, taking over from long-term holders (LTHs). Recent on-chain data shows the clear impact of miner selling on Bitcoin in the short term.
Hong Kong monetary authority has taken a decisive step forward in its digital currency ambitions by launching Phase 2 of its e-HKD pilot programme. With 11 industry consortia selected to explore real-world use cases and new forms of digital money including tokenised deposits, the city is positioning itself at the forefront of the digital-money evolution.
The cryptocurrency market is facing a critical crossroads as November approaches, with Ethereum (ETH), the second-largest digital asset by capitalization, at the center of the debate. Following a recent drop that placed it below the $4,000 mark, the analytics firm 10x Research has issued a controversial recommendation by suggesting shorting Ethereum in November 2025 over Bitcoin, arguing a weakening of the institutional narrative that supports ETH.
Solana capital flows have plummeted to their lowest level in six months. This negative indicator coincides with the price struggling to overcome the $200 resistance. Investor confidence appears to be diminishing, increasing selling pressure on the digital asset. Key data from Glassnode and TradingView confirm this short-term bearish trend.
Stellar’s XLM is consolidating around the US$ 0.2975 level amid a broader crypto rally — but the token is under-performing and trading on significantly lower volume, raising questions about the strength of any near-term breakout.
Solana jumped 9% as the price ran past $190 and briefly touched $216, drawing in new buyers. Long-time holders used the strength to cash out, sending sizable amounts of SOL to exchanges and pressuring the rally. With $200 now acting like a ceiling, the next move depends on strong volume and new demand absorbing coins sold by early buyers.
The public sale of the MEGA token for the Layer 2 project, MegaETH, has raised over $1.18 billion in commitments. However, the enthusiasm has been overshadowed by concerns about the process’s fairness. The analytics firm Bubblemaps detected potential Sybil activity in MegaETH, suggesting manipulation.
