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XRP has surged past Binance Coin (BNB) to reclaim its position as the third-largest cryptocurrency by market capitalization, driven by short-term buying pressure. As of press time, XRP’s market capitalization had climbed to about $158 billion, overtaking BNB’s $156 billion. The token is trading at $2.63, up 3.43% in the past 24 hours and 12.8% over the past week, marking one of the strongest performances among the top five digital assets. BNB, meanwhile, is trading at $1,123.71, up modestly by 0.55% in 24 hours and 4.35% over the week. Crypto market prices snapshot. Source: CoinMarketCap In October, BNB outpaced XRP, driven by a combination of regulatory relief, exchange support, and growing network activity. For instance, U.S. President Donald Trump’s pardon of Binance founder Changpeng Zhao boosted investor confidence, while Coinbase and Robinhood listings expanded access for U.S. traders. Why XRP price is rallying  Notably, XRP’s surge, in addition t...

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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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

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...

Binance founder Changpeng Zhao (CZ) has revealed the breakdown of his crypto investment portfolio, showing one asset is by far his largest holding. According to a new post on Binance Square, 98.48% of Zhao’s crypto portfolio is in BNB, the native asset of Binance. His portfolio also consists of 1.32% Bitcoin (BTC) as well as two stablecoins, 0.17% EURI and 0.03% USDT. Zhao revealed his portfolio using Binance Square’s new feature that allows users to share their trading portfolio. “Binance Square is enhancing transparency with its latest feature, Trader Profile, enabling users to publicly share their crypto portfolio allocation. Binance co-founder and former CEO Changpeng ‘CZ’ Zhao has opened his Trader Profile, showcasing his holdings and reinforcing his confidence in Binance’s ecosystem.” Zhao is prohibited from returning to Binance leadership following his four-month sentence for violating U.S. anti-money-laundering ...

Bitcoin’s market dip below $60,000 suggests short-term weakness, yet long-term investors remain optimistic, as evidenced by continued withdrawals from exchanges. The cryptocurrency is experiencing unpredictable and volatile movements within the $55,724 to $73,777 range. While the direction of the next breakout remains uncertain, long-term investors are maintaining a positive outlook. Data from CryptoQuant indicates that approximately 45,000 Bitcoins were withdrawn from exchanges on August 27, marking the third-largest outflow recorded. Beyond Bitcoin, investors are also focusing on accumulating Ether, despite the current lacklustre price movements. Notably, popular analyst Satoshi Sniper pointed out on X that Ether whales have acquired 200,000 Ether, valued at around $540 million, over the past four days. Crypto market data daily view. Source:  Coin360 However, Bloomberg Intelligence senior commodity strategist Mike McGlone suggested in his latest Anal...

Who does not love acquiring more stable profits in the long run? The cryptocurrency realm is a magnetic force to reckon with, enabling users to bask in the new token metrics that allow them to explore novel ways of earning profits. The current wave of bullish momentum is currently favoring these three tokens, which are bound to peak as days pass by. Here are our three top crypto tokens that are bound to skyrocket sooner than predicted. Also Read: Currency: 3 Reasons Why US Dollar Days Are Numbered Top Tokens To Hodl For Guaranteed Profits Image Source: WatcherGuru Cryptocurrency #1: Solana Solana is indisputably the most robust crypto token that the cryptocurrency market has ever taken note of. The token is unabashed about the changing crypto narratives and has maintained a steady price pace to recover all its lost valuation. SOL has recently flipped Ethereum in 24 hours of on-chain trading activity, proving its mettle in the long haul. The token is poised to grow ir...

Binance and its native token BNB (BNB) social mentions increase as allegations of market manipulation gain momentum. Market intelligence platform Santiment disclosed that Binance ranks first among the fastest-rising trending topics in the crypto scene, with BNB securing the third position. A recent report sheds light on the growing social mentions and discussions surrounding them. #Binance and $BNB are currently the first and third (respectively) fastest rising topics in #crypto. Major allegations point to #CZBinance continuing to actively sell off their share of #Bitcoin to support their own native token and keep it propped up above key support levels. pic.twitter.com/hX7Mun6MuF — Santiment (@santimentfeed) August 23, 2023 Assignments hinting at Binance’s potential involvement in market manipulation are central to the discussions. The allegations imply that Binance CEO Changpeng Zhao is dumping Bitcoin (BTC) to bolster the value of BNB and maintain its position abov...