Live Feed

Why is BNB Up Today?

BNB rose 3.3% to $1,126 following U.S. President Donald Trump's pardon of Changpeng Zhao, the co-founder and former CEO of Binance. This development has led to a nearly 35% increase in BNB's trading volume, suggesting long-term accumulation rather than short-term speculation. Analysts view the pardon as a pivotal moment for Binance, potentially improving its access to the U.S. market. David Namdar from CEA Industries emphasized BNB's strong fundamentals, including a vast global user base and significant real-world adoption. Currently, BNB faces short-term resistance around $1,128 and support at $1,124. Traders are closely monitoring whether BNB can surge past $1,150 or if it will drop back to $1,078, following its recent spike from $1,085.96 to $1,130.25.

Source 🔗

Bank of England Probes Data Mining Lending Fueling AI Bets

The Bank of England (BOE) is investigating the rise of lending to data centers, which is being seen as a speculative avenue in the AI sector. A recent report from Bloomberg indicates that the BOE is concerned about the potential for a financial crisis akin to the dot-com bubble of

Ripple Explains How Its New Prime Brokerage Will Expand RLUSD Adoption and Utility

Ripple has rebranded the acquired global prime broker Hidden Road as Ripple Prime, presenting it as an all-in-one service for institutional trading, financing, and clearing. Since the acquisition, Ripple Prime's business has tripled, now serving over 300 institutional clients and facilitating more than $3 trillion in cleared transactions.

Page Not Found | 404 | Cointelegraph

The requested page on Cointelegraph could not be found, resulting in a 404 error. Users are advised to check the URL for any errors and refresh their browser. Cointelegraph remains committed to delivering high-quality journalism covering various topics such as fintech, blockchain, and cryptocurrency. The platform provides insights into the

Read next