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The cryptocurrency market is flourishing at its own pace, leveraging the dollar-down phenomenon to ascend and surge high. With the US economic stats exploring new lows as the US government shutdown and dollar depreciation take over, the sector of metals and crypto has been prospering due to increased investor sentiment, with Bitcoin claiming a new ATH of $126K. That being said, Binance coin (BNB) has been performing extremely well lately, hitting $1300 as its new ATH. How close is BNB from truly hitting $1500? Let’s find out. Also Read: Binance’s BNB Coin Overtakes XRP and USDT Market Cap Binance Coin Is Surging High Source: Binance Binance Coin is the latest market performer, doing extremely well in terms of price and value. BNB is now emerging as a breakout asset and has recently hit a new ATH of $1300. Per CoinMarketCap, Binance coin has slowed down its pace a little at press time, sitting at $1285, up 27% in the last 7 days. The token has also documented an uptick of 46% in th...

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Investment manager VanEck has filed to establish a trust entity for the first BNB ETF (exchange-traded fund) in the US. Public records from the official Delaware state website show the firm registered the VanEck BNB ETF on March 31 under the filing number 10148820. Former Binance CEO Changpeng Zhao, aka CZ, shared the news in an X post earlier today.  VanEck BNB ETF First Of Its Kind In The US The formation of a trust is one of the first steps a company takes when in the process of launching an ETF. VanEck’s proposed BNB ETF now heads to the US Securities and Exchange Commission (SEC) for review. Should VanEck’s proposed BNB ETF receive the regulatory nod from the SEC, it will mark the first fund of its kind that tracks Binance Coin, which is the 5th largest crypto by market cap, in the US.  It is, however, not the first BNB-related product. 21Shares has already launched its Binance BNB ETP outside of the US.  BNB’s price underwent a 24-hour ret...

Donald Trump has announced a new cryptocurrency reserve featuring five major coins of the crypto world. The list includes coins like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Cardano (ADA), and Solana (SOL). That being said, Trump’s crypto czar David Sacks also tweeted how “there’s more to come,” spreading anticipation on possible new coins that may be added post the crypto summit, which is scheduled to be held on March 7. These 3 coins may make the new entry into the crypto reserve world; hence, stacking them now would be a lucrative thing to do at present. Also Read: GTA 6 Leak: John Cena’s Heel Turn + Will Villains & Sea Monsters Rule? 3 Cryptocurrency Coins To Add Now As They May Become A Part Of The Crypto Reserve 1. Binance Coin (BNB) Source – Techreport Binance Coin, or BNB, is currently speculated to be a part of the crypto reserve. The news of BNB being a part of the reserve caught pace when Binance’s CEO Changpeng Zhao tweeted how Trump’s crypto reserve id...

An onslaught of Bitcoin ETF applications could help BTC price find long-lasting support at the $30,000 level. The S&P 500 Index (SPX) snapped a five-week winning streak last week but it is still on track to close the first half of the year with stellar gains of nearly 13%. The tech-heavy Nasdaq Composite has done much better as it is up about 29%. Both these indices have been overtaken by Bitcoin (BTC) which has risen nearly 83% year-to-date. Bitcoin’s bullish price action and the recent rush by several firms to apply for a Bitcoin spot exchange-traded fund seem to have attracted institutional investors’ attention. Bloomberg senior ETF analyst Eric Balchunas highlighted on June 26 that the ProShares Bitcoin Strategy ETF (BITO) — a Bitcoin futures fund — witnessed its largest weekly inflow in a year. Daily cryptocurrency market performance. Source: Coin360 Another bullish view was that of LookIntoBitcoin founder Philip Swift who said in his latest research that Bitcoin’s RHODL rati...