BNB news

BNB slipped to $933 after a brief surge to $974, remaining in a tight $46 range as wider crypto markets showed stress amid tightening financial conditions. Volume spiked 71% above the 24‑hour average on the day’s rally but tapered off at close. The token found key support near $930, with its ability to hold the level attributed to strong on‑chain activity—82 million active addresses in October and nearly $120 billion in DEX volume. Market‑wide, the CoinDesk 20 index fell 0.9% and Bitcoin struggled to stay above $100,000 as U.S. Treasury cash rebuilds and falling bank reserves pulled capital from risk assets, pushing stocks lower. In this environment BNB’s stability may reflect confidence in the network’s adoption, but a break above $975 could reopen a path to recent highs while further downside in major assets could test buyers’ resolve.

BNB fell 7.8% to $940 after failing to break $1,020 resistance, breaching support at $1,000 and $980. A 72% volume spike shows large holders selling amid a broader market decline that sent the CD20 index down 5% and Bitcoin below $104,000, triggering $1.4 billion of liquidations. While most altcoins followed BTC, privacy coins rallied - DASH jumped 56% and Zcash added 5% - as traders sought less trackable assets. Analysts watch BNB's ability to stay above $940; a break could trigger further losses.

BNB fell more than 6% in 24 hours, sliding from $1,088 to $1,020 and breaking the $1,080 support level. A 3.01‑million‑token volume spike—almost double the average—suggests large‑scale repositioning, possibly by institutional or algorithmic traders. With 67% of BNB now held by the public and founder CZ owning less than 1%, concentration risk has eased. Unless BNB recovers to $1,080, the next likely support lies around $1,000.

BNB fell 2% in 24 hours to $1,073 after failing to hold support at $1,095, breaking through resistance near $1,115 and sliding to an intraday low of $1,081. Technical analysis shows a series of lower highs, indicating weakening momentum. The drop mirrors a broader crypto selloff of 4.7% linked to Federal Reserve Chair Jerome Powell’s comments that further rate cuts in December are not guaranteed. Liquidation volumes exceeded $1.1 billion, mainly long positions, and the market awaits Friday’s $13 billion options expiry.

Ondo Global Markets added over 100 tokenized US stocks and ETFs to BNB Chain, giving its 3.4 million daily active users access through PancakeSwap. The move follows Ondo's earlier Ethereum launch that locked $350 M and generated $670 M on‑chain volume; the platform aims to democratize Wall Street access for non‑US investors.

Ondo Finance expands its tokenized securities platform to the BNB Chain, adding over a hundred U.S. stocks and ETFs and giving 3.4 million daily users access to tokenized shares of companies like Apple and Tesla 24/7. The move boosts the tokenized stock market, now near $700 million, and places Ondo Global Markets—currently holding about $320 million in total value locked—in direct competition with Backed and Kraken’s xStocks, widening reach into Asia and Latin America.

BNB, the token of BNB Chain, slipped to $1,137 after a $1.65 billion burn of 1.44 million tokens, despite a brief post‑burn rally. The burn is part of the chain’s 33rd quarterly reduction, targeting a 100 million‑token cap and leaving 137.7 million in circulation. Traders remain cautious: a 100,000‑BNB volume spike failed to push the token past the $1,147 resistance, and support held at $1,122. Technical analysis shows a narrow trading range, suggesting that while deflationary mechanics could lift the price if demand grows, the current outlook is mixed.

Myriad, a prediction‑market protocol, has launched on BNB Chain, expanding its reach to the Asia‑centric ecosystem and adding native EVM wallet support and bridging. The move is part of the project’s push toward a multichain future. Alongside the chain integration, Myriad introduced Automated Markets – 5‑minute continuous markets with auto‑resolution designed for speed and simplicity. The company also plans a Mandarin‑language interface and localized markets to tap new users, positioning itself as a protocol‑level prediction layer across platforms.

BNB’s price climbed 3% to $1,168 after the $1.69 billion token burn, the largest quarterly burn in US dollar terms. The burn removed about 1.44 million tokens, cutting supply to just under 138 million and nudging BNB to $161 billion in market cap, overtaking XRP's $157.6 billion. Despite a volatile week of sell‑offs and technical uncertainty, BNB’s move helped it regain third place among non‑stablecoins. Traders remain cautious as recent failed breakouts signal short‑term doubt, but if BNB holds above $1,150, it could stabilise and reaffirm its position in the broader crypto market.

A stablecoin is now live in Kyrgyzstan, which confirmed plans to launch a CBDC and explore a national crypto reserve after meeting with strategic adviser Changpeng Zhao.