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BNB
Binance

23,990
Mkt Cap
$84.5B
24H Volume
$511.5M
FDV
$84.5B
Circ Supply
136.36M
Total Supply
136.36M
BNB Fundamentals
Max Supply
200M
7D High
$664.05
7D Low
$612.30
24H High
$629.89
24H Low
$619.21
All-Time High
$1,369.99
All-Time Low
$0.0398
BNB Prices
BNB / USD
$619.31
BNB / EUR
€533.10
BNB / GBP
£461.93
BNB / CAD
CA$840.86
BNB / AUD
A$879.95
BNB / INR
₹56,939.00
BNB / NGN
NGN 855,557.00
BNB / NZD
NZ$1,050.12
BNB / PHP
₱36,567.00
BNB / SGD
SGD 791.97
BNB / ZAR
ZAR 10,246.53
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Bitcoin May Be Entering a Final Selloff Phase, Charts Warn
Bitcoin is showing fresh weakness across both the weekly and four hour charts. One setup shows a rejection at key market structure, while the other points to a possible final wave lower after a completed corrective bounce. Bitcoin Faces Pressure After Rejection at Key Market Structure Bitcoin has been rejected at a key market structure level, according to chart analysis shared by Titan of Crypto on X. The weekly BTC/USDT Binance chart compares the current setup with a past cycle and shows price falling back below a major horizontal support turned resistance zone. Bitcoin Weekly Market Structure Rejection. Source: Titan of Crypto on X The chart points to a repeated pattern. In both structures, Bitcoin printed higher highs, then lost momentum, failed to reclaim a marked 38.20% level, and later broke below an important market structure area. In the current setup, that same horizontal level now sits above price, which suggests bearish pressure remains in place until Bitcoin can move back above it. Titan of Crypto said price needs to reclaim that area to shift the bearish momentum, and the chart supports that argument. The marked structure level appears near the mid $70,000 zone, while Bitcoin is trading below it after a sharp decline from the recent higher high. That leaves the market in a weaker position on the weekly timeframe. The comparison with the earlier cycle adds to the caution. In the left side of the chart, Bitcoin followed a similar path before extending lower after losing structure support. On the right side, the current pattern has not confirmed the same outcome yet, but the rejection at market structure keeps that risk in focus. For now, the key signal is whether Bitcoin can reclaim the broken structure level. Until that happens, the chart continues to show bearish momentum rather than a confirmed recovery. Bitcoin Wave 4 Correction Points to Possible Final Leg Lower Bitcoin has completed a wave 4 corrective move and may be starting a final wave 5 decline, according to chart analysis shared by Matthew Dixon on X. The four hour BTC/USD Bitstamp chart shows the projected correction unfolding as expected, with price turning lower after testing the upper part of the recent range. Bitcoin Wave 4 Correction Analysis. Source: Matthew Dixon on X The chart outlines an Elliott Wave structure in which the latest rebound formed wave 4 inside a broader downward move. After that bounce, the projected path turns lower again, suggesting the next leg could form wave 5. The analysis also notes that this final move would likely break into five smaller waves, which would fit a standard Elliott Wave decline. Several Fibonacci levels on the chart mark the recent structure. The rebound moved into a resistance area near the upper retracement zone, then failed to push higher. At the same time, the red projected path points to further weakness ahead, with the decline extending below the recent support band if the pattern continues. The RSI panel also shows momentum cooling after the rebound. That weakens the case for a fresh upside breakout in the short term and supports the idea that the recent move may have been corrective rather than the start of a new trend higher. For now, the focus shifts to whether Bitcoin continues forming the expected fifth wave lower. If that happens, traders would likely watch the smaller internal wave structure for signs of exhaustion and a possible ending phase in the broader decline.
coinpaper·1h ago
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Binance Pushes Back on Senate Inquiry, Calls Allegations ‘False and Defamatory’ in Formal Response
Binance pushes back against U.S. scrutiny, outlining a sweeping compliance system, thousands of law-enforcement collaborations, and aggressive monitoring tools as it challenges allegations that the world’s largest crypto exchange failed to police illicit activity. Binance Counters Congressional Concerns, Says Investigations Triggered Account Removals and Risk Controls Crypto exchange Binance issued a formal response to a
bitcoin.com·2h ago
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XRP Whale Outflows Continue On Binance — What’s Happening?
According to recent on-chain data, large investors in the XRP market seem to be adjusting their positions. Further analysis suggests that if XRP finds favorable alignment with the current conditions, it could be at the start of a larger upside rally. 44 Million XRP Leave Binance Late In February In a Quicktake post on CryptoQuant, market analyst Amr Taha shared that there have recently been major withdrawals of XRP tokens from Binance, the world’s largest cryptocurrency exchange by trading volume. This outflow trend is based on the Multi Exchanges Daily Whales Netflow metric. Related Reading: Bitcoin May Hit $180,000 This Year, But Only If This Scenario Plays Out: Amber Data For context, this metric monitors the daily net flows of XRP held by whale wallets across 15 major crypto exchanges (all of which Binance leads in trading volume). Positive readings from the metric indicate that XRP is moving into the exchanges; on the other hand, negative netflows signal an efflux of XRP from these exchanges. According to the analyst, there has been a significant increase in negative netflows from the Binance platform. This is also reflected in the chart shared below, where, as of February 27th, about 44 million XRP tokens flowed out of Binance’s whale wallet addresses. Interestingly, this event was not a one-off in the month of February, as roughly 30 million XRP had left these same wallets on the 6th of the month. What This Means For XRP Price Increasing netflows on exchanges is often a tell-tale sign of investors’ intention to sell off their holdings or exchange their coins, thereby adding bearish pressure to the market. So, when whale netflows lean towards the negative, it means there is less bearish intent among this investor cohort. Also, when two withdrawals of this magnitude happen within the same month, it is a clear suggestion that these large market players might actually be accumulating XRP in equally large amounts. It could also be a sign that, rather than accumulation, these large holders are locking up their tokens for long-term storage. Based on historical precedent, events like this are often bound to have positive effects on the price of an asset. In the event that netflows are significantly large, the analyst points out that there is a corresponding reduction in available XRP supply. This means there would be less XRP in the market than is currently being demanded by buyers. Demand exceeding supply is a typical economic situation that drives an asset’s price to the upside. It then becomes clear that if current demand levels persist or increase, the altcoin’s price would likely follow an upward trajectory. At the time of writing, XRP is valued at approximately $1.37, reflecting a 2.9% decline in the past day. Related Reading: Analyst Shares Timeline For When A New Bitcoin Bull Run Will Begin This Year Featured image from iStock, chart from TradingView
newsbtc·4h ago
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Binance Wins Major Legal Victory as US Court Throws Out Anti-Terrorism Lawsuit
In a press release shared on March 7, Binance announced that a US Federal Court in the Southern District of New York had dismissed all claims brought against it under the Anti-Terrorism Act (ATA). Eleanor Hughes, the company’s General Counsel and spokesperson on the matter, indicated that this dismissal is a “complete vindication of all false allegations.” The case was brought up by 535 plaintiffs who alleged that the world’s largest cryptocurrency exchange had provided material support connected to 64 terrorist attacks, citing provisions under the ATA. However, the 62-page ruling provided by the Court and Judge Jeannette Vargas officially dismissed the civil lawsuit targeting the exchange and its former CEO, Changpeng Zhao, after finding that the plaintiffs failed to establish any of their central allegations. “The court has unambiguously rejected the false and damaging narrative that Binance assisted terrorists. We have always maintained that these claims were without merit, and today’s ruling confirms that. We will continue to defend ourselves aggressively against any litigation or reporting that misrepresents who we are and how we operate,” also commented Hughes. The plaintiffs have 60 days to file an amended complaint in light of the recent appellate decision. However, the exchange said it’s confident that no amended pleading will be “able to cure the fundamental deficiencies the Court identified as the “underlying claims have been thoroughly examined and rejected.” In a separate but slightly related note, 11 US Democratic Senators, led by Richard Blumenthal, urged the US DOJ and Treasury to investigate Binance for allegedly facilitating $1.7 billion in transactions to Iran-linked entities. The exchange “strongly rejected ” the allegations, indicating that it has more than 1,500 specialists worldwide to strengthen its robust compliance program. The post Binance Wins Major Legal Victory as US Court Throws Out Anti-Terrorism Lawsuit appeared first on CryptoPotato .
cryptopotato·8h ago
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U.S. court dismisses terrorism financing claims against Binance
investing_comcryptonews·9h ago
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dYdX price prediction 2026- 2032: Will dYdX recover its ATH soon?
Key Takeaways : dYdX price faces volatility at $0.083. Our dYdX price prediction for 2026 expects a maximum price of $0.4. In 2032, we expect the dYdX price to touch $2.81. The dYdX exchange captured significant attention last year. The platform aimed to migrate its existing dYdX tokens from Ethereum to this new mainnet. However, in the fall of 2024, the platform disclosed that it was reducing its workforce by 35%. As dYdX’s on-chain activities surge, questions arise, such as: “Does dYdX have the potential to hit the $1 mark soon?” or “Will dYdX ever go up?” or “Where will dYdX be in 5 years?” Let’s answer them using our dYdX price prediction. Overview Cryptocurrency dYdX Token dYdX Price $0.083 (-5%) Market Cap $158.84 Million Trading Volume $7.07 Million Circulating Supply 819.71 Million dYdX All-time High $4.53 (Mar 08, 2024) All-time Low $0.0666 (Oct 11, 2025) 24-hour high $0.08687 24-hour low $0.08294 dYdX price prediction: Technical analysis Metric Value Current Price $ 0.08347 Price Prediction $ 0.06388 (-24.92%) Fear & Greed Index 18 (Extreme Fear) Sentiment Bearish Volatility 7.37% (High) Green Days 12/30 (40%) 50-Day SMA $ 0.1317 200-Day SMA $ 0.3134 14-Day RSI 38.08 (Neutral) dYdX price analysis: dYdX faced selling pressure toward $0.083 TL;DR Breakdown: dYdX price analysis shows that dYdX faced selling pressure toward $0.083 Resistance for dYdX is at $0.0862 Support for dYdX/USD is at $0.0815 The dYdX price analysis for 7 March confirms that dYdX faced a decline as buyers lost confidence. Currently, sellers are dominating, resulting in a decline toward $0.083. dYdX price analysis 1-day chart: dYdX price declines toward $0.083 An analysis of the daily dYdX price chart shows the token faced selling pressure after the price dropped below immediate resistance channels. As a result, sellers are now aiming for a hold around $0.083. The 24-hour volume dropped to $1.77 million, showing a decline in trading interest today. dYdX is trading at $0.083, declining by over 5% in the last 24 hours. dydX/USDT price chart by TradingView The RSI-14 trend line has dropped from its previous level and trades around 32, hinting that sellers are aiming to control momentum. The SMA-14 level suggests volatility in the next few hours. dYdX/USD 4-hour price chart: Bears aim for an immediate correction The 4-hour dYdX price chart suggests that bears strengthen their position as they aim for a hold of the price below the EMA trend lines. Currently, sellers are holding the price below the EMA20 trend line. dydX/USDT price chart by TradingView The BoP indicator trades in a bearish region at 0, showing that short-term sellers are taking a chance to accelerate a downward trend. Additionally, the MACD trend line has formed red candles below the signal line, and the indicator aims for a negative momentum, strengthening short-position holders’ confidence. dYdX technical indicators: Levels and action Daily simple moving average (SMA) Period Value Action SMA 3 $ 0.1331 SELL SMA 5 $ 0.1156 SELL SMA 10 $ 0.1006 SELL SMA 21 $ 0.1008 SELL SMA 50 $ 0.1317 SELL SMA 100 $ 0.1701 SELL SMA 200 $ 0.3134 SELL Daily Exponential Moving Average (EMA) Period Value Action EMA 3 $ 0.1085 SELL EMA 5 $ 0.1236 SELL EMA 10 $ 0.1457 SELL EMA 21 $ 0.1635 SELL EMA 50 $ 0.2001 SELL EMA 100 $ 0.2758 SELL EMA 200 $ 0.4061 SELL What to expect from dYdX price analysis next? The hourly price chart confirms that dYdX is attempting a dip below the immediate support line; however, bulls are eyeing an upside recovery rally in the coming hours. If dYdX’s price holds momentum above $0.0862, it will fuel a bullish rally to $0.0927. dydX/USDT price chart by TradingView If bulls fail to initiate a surge, the dYdX price may drop below the immediate support line at $0.0815, beginning a bearish trend to $0.0779. Is dYdX a good investment? The rising institutional demand for dYdX makes it a good investment option. However, dYdX has a short investment history filled with very volatile phases. Whether it is a good investment depends on your financial profile, investment portfolio, risk tolerance, and investment goals. Why is dYdX down today? The overall dydx market sentiment is bearish as sellers pushed the price below support channels. This resulted in a push toward $0.08. Will dYdX Recover? If buyers hold above $0.1 level strongly, we might see a strong recovery in the coming hours. What is the dYdX price prediction for 2026? The price of 1 dYdX is expected to reach a minimum level of $0.1 by the end of 2026. Traders and investors can expect a maximum level of $0.4 and an average price of $0.3 if the bulls show up. Will dYdX reach $1? Depending on market sentiment, dYdX might hit the $1 mark by the end of 2030. However, any bearish news might weaken this prediction. Will the dYdX price reach $10? $10 will be a significant milestone for dYdX. However, it is achievable if dYdX continues to attract institutional interest in the coming years. Is dYdX a good long-term investment? As several institutions continue to accumulate dYdX and it faces a rise in global recognition, dYdX has a solid long-term future. It is advised to seek independent professional consultation and investment advice from experts before investing in the crypto market, which has high price volatility. Recent news/opinion on dYdX dYdX CEO Charles d’Haussy said 2025 marked a turning point as institutions entered crypto derivatives for hedging and risk management, improving liquidity and transparency. This is long-term bullish for DYDX due to stronger fee revenue and buybacks. dYdX price prediction March 2026 dYdX’s price might attempt to surge toward $0.1 from its recent low and be pushed further, at least $0.12, if strong downward pressures are not seen. However, we might see a rejection by the bearish side, leading to a consolidation around $0.08. dYdX price prediction Minimum price Average price Maximum price dYdX price prediction March 2026 $0.08 $0.1 $0.12 dYdX price prediction 2026 The price of 1 dYdX is expected to reach a minimum level of $0.08 by the end of 2026. Traders and investors can expect a maximum level of $0.4 and an average price of $0.3 if the bulls show up. dYdX price prediction Minimum price Average price Maximum price dYdX price prediction 2026 $0.08 $0.3 $0.4 dYdX price predictions 2027-2032 Year Minimum price ($) Average price ($) Maximum price ($) 2027 0.4018 0.4127 0.4586 2028 0.5562 0.5769 0.6804 2029 0.7911 0.8142 0.9637 2030 1.13 1.17 1.36 2031 1.63 1.69 1.99 2032 2.41 2.5 2.81 dYdX price prediction 2027 In 2027, dYdX could see its price range between a minimum of $0.4018 and a maximum of $0.4586. Traders can expect an average price of $0.4127 throughout the year. dYdX price prediction 2028 For 2028, the price forecast indicates a minimum level of $0.5562 and a potential high of $0.6804, with the average settling around $0.5769. dYdX price prediction 2029 Looking ahead to 2029, projections suggest a minimum price of $0.7911 and a maximum price of $0.9637 for dYdX, with an average price of $0.8142. dYdX price forecast 2030 By 2030, the dYdX price is anticipated to range from a minimum of $1.13 to a maximum of $1.36, averaging around $1.17. dYdX (dYdX) price prediction 2031 For 2031, the dYdX price is forecasted to potentially reach a minimum of $1.63, a maximum of $1.99, and an average trading value of $1.69. dYdX Price Prediction 2032 Looking ahead to 2032, projections suggest a minimum price of $2.41 and a maximum price of $2.81 for dYdX, with an average price of $2.5. dydx price prediction 2026-2032 dYdX market price prediction: Analysts’ dYdX price forecast Firm Name 2026 2027 Coincodex $0.5397 $0.4385 Digital Coin Price $0.34 $0.46 Cryptopolitan’s dYdX (ethdYdX) price prediction Per Cryptopolitan, in 2027, dYdX could see its price range between a minimum of $0.4018 and a maximum of $0.4586. Traders can expect an average price of $0.4127 throughout the year. However, the future market potential for dYdX entirely depends on its buying demand, regulation, and investor sentiment in long-term holding. dYdX historical price sentiment dydx price history: CoinStats dYdX price started trading in December 2023, hovering below $3.5. In January 2024, the price of dYdX faced a decline as it recorded a low of $2.4. However, in March, the dYdX surged exponentially and touched a high near $4.3. After that, dYdX initiated its bearish rally and hovered around $1 till November. However, dYdX soon recovered following Trump’s victory in the elections, skyrocketing toward $2.6 in December of 2024. Since then, dYdX has been declining and is consolidating below the $1 mark. By the end of April, dYdX price surged toward $0.68. In May, dYdX price surged toward $0.76 but it later declined toward $0.5 in early June. By the end of June, dYdX had declined toward $0.41. In July, the token surged toward $0.7 but failed to maintain buying demand and dropped below $0.6. In August, dYdX again surged toward $0.76 but declined later toward $0.6. By the end of September, dYdX price declined toward the low of $0.55. In October, the price of dYdX dropped further and touched a low below $0.3. By the end of November, the price of dYdX dropped below $0.23. By the end of December 2025, dYdX dropped toward the low of $0.163. In January 2026, the price of dYdX dropped toward the low of $0.12. By the end of February, dYdX price dropped below $0.085.
cryptopolitan·9h ago
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Crypto : Curve Finance Accuses PancakeSwap of Reusing Its Code Without a License
Curve Finance accuses PancakeSwap of having reused a sensitive part of its architecture without respecting the required license. Behind this accusation, it is not just a conflict of egos between two big names in DeFi. The issue touches on code ownership, user security, and how cr...
Cointribune·10h ago
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Binance Formally Rejects US Senate Claims of Iran Sanctions Violations
The world’s largest crypto exchange has issued a formal response to a letter from US Senator Richard Blumenthal, strongly rejecting claims that its compliance systems are weak or that it enabled any sort of illicit financial activity. Binance indicated that the media reports cited in the Senate inquiry contain “false, unsupported, and defamatory claims” about its sanctions controls and AML procedures. Binance Responds The statement emphasized that Binance operates a robust compliance program supported by more than 1,500 specialists worldwide and advanced monitoring tools designed to detect suspicious activity. In addition, the company said it had been highly cooperative with law enforcement, adding that it processed over 71,000 such requests in 2025 alone. It explained that its team helped authorities seize more than $750 million in illicit assets, including almost $580 million for US agencies. Binance also claimed that its exposure to wallets linked to some sort of illegal activity has declined by nearly 97% since early 2024, which includes a 97.3% drop in exposure to major Iranian crypto trading platforms. Hexa Whale and Blessed Trust, two of the entities named in the inquiry, were proactively investigated and removed from the platform following internal reviews triggered by law enforcement requests. It added that no Binance account conducted direct transactions with Iran-based entities. It also rejected allegations about internal whistleblowers by explaining that employee departures were part of normal turnover. Nevertheless, the company also said it “acknowledges that absolute zero risk is impossible on public blockchains but relies on robust monitoring and controls to minimize and mitigate risks.” The Inquiry 11 Democratic senators, led by Richard Blumenthal, urged the DOJ and Treasury in a letter sent in late February to investigate Binance over alleged Iran sanction violations in 2026. The inquiry cited findings uncovered by the exchange’s own compliance personnel last year, in which they discovered that $1.7 billion in digital assets had flowed to Iranian-linked entities. Some of the names identified in the letter included Iran-backed Houthis and the Islamic Revolutionary Guard Corps. It also claims that a Binance vendor allegedly directed $1.2 billion in one instance to Iran-linked accounts. “We urge you to conduct a prompt, comprehensive review of sanctions compliance on the platform to ensure that it is not once again violating the law and threatening U.S. national security,” wrote the Senators. They added that Iranians had reportedly accessed more than 1,500 accounts on Binance, and further alleged that the exchange may have been used to help Russia evade US sanctions. The post Binance Formally Rejects US Senate Claims of Iran Sanctions Violations appeared first on CryptoPotato .
cryptopotato·10h ago
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Binance Proof of Reserves Reveals Alarming 8,004 BTC Drop in User Holdings
BitcoinWorld Binance Proof of Reserves Reveals Alarming 8,004 BTC Drop in User Holdings March 5, 2025 – Global cryptocurrency exchange Binance has published its 40th consecutive Proof of Reserves (PoR) report, revealing a notable contraction in user-held assets. The report, based on a March 1 snapshot, shows user Bitcoin (BTC) holdings fell by 8,004 BTC, a decrease representing 1.25% of the total. This decline in Binance’s Bitcoin reserves marks a significant shift from previous reporting periods and warrants a detailed examination of the underlying data and its potential implications for the broader digital asset market. Binance Proof of Reserves Report Details the Decline Binance’s latest Proof of Reserves report provides a verified snapshot of user assets held on the platform. According to the document, total user Bitcoin holdings stood at approximately 631,000 BTC on March 1. This figure represents a decrease of 8,004 BTC from the 639,004 BTC reported in the prior snapshot taken on February 1. The exchange’s Proof of Reserves system aims to provide transparency by cryptographically verifying that customer funds are fully backed. Furthermore, the report indicates similar downward trends for other major assets. User Ethereum (ETH) holdings experienced a more pronounced decline of 7.35%, falling by 307,203 ETH to a new total of roughly 3.87 million ETH. Meanwhile, holdings of the stablecoin Tether (USDT) decreased by about 360 million USDT, a 0.98% drop, bringing the total to approximately 36.4 billion USDT. These concurrent reductions across multiple asset classes suggest a broader pattern of net user withdrawals or asset reallocation. Analyzing the Context of the Reserve Fluctuations Fluctuations in exchange reserves are a normal function of market dynamics. However, the scale and consistency of the declines in this Binance report merit contextual analysis. Several factors could contribute to such a movement. For instance, users may be moving assets into self-custody wallets, a practice often referred to as ‘withdrawing to cold storage,’ in response to market sentiment or for long-term holding strategies. Alternatively, capital could be rotating to other trading platforms or into different financial instruments. It is crucial to distinguish between a decline in user holdings on an exchange and the solvency of the exchange itself. The Proof of Reserves report specifically audits the former. A transparent decrease in reserves, while notable, does not inherently indicate a problem if the exchange maintains a 1:1 backing for all remaining user funds. The report’s publication itself is a positive step for transparency, allowing the market to observe these flows in near real-time. Historical Trends and Market Impact To understand the significance of an 8,004 BTC withdrawal, we must view it historically. Binance’s Proof of Reserves reports have shown both increases and decreases in total holdings since their inception in late 2022. Periods of rising Bitcoin prices have often correlated with inflows to exchanges, while periods of uncertainty or consolidation have sometimes led to outflows. The current decline occurs amidst a specific macroeconomic and regulatory landscape that influences investor behavior. The impact of such a reserve change is multifaceted. Firstly, it reduces the immediate sell-side liquidity available on the Binance order book, which could contribute to increased volatility. Secondly, a large-scale movement of Bitcoin off exchanges is generally viewed by analysts as a bullish long-term signal, as it reduces the supply available for quick sale. The data provides a quantifiable insight into the behavior of a significant segment of the cryptocurrency holder base. Comparative Asset Movements and Stablecoin Dynamics The report reveals that the percentage decline in Ethereum reserves was substantially larger than that of Bitcoin. This 7.35% drop in ETH could reflect specific sector rotations. For example, users might be moving Ethereum to participate in staking on decentralized protocols or to interact with Layer-2 networks directly, actions that require withdrawing funds from a centralized exchange. The different rates of change between BTC and ETH highlight how asset-specific factors drive user decisions. The decrease in USDT holdings, though a smaller percentage, represents a massive nominal value of $360 million. Stablecoin reserves on exchanges are often seen as ‘dry powder’ ready to deploy into volatile assets. A reduction could signal that users are converting stablecoins to fiat currency or using them to purchase assets on other platforms. Monitoring stablecoin reserves is a key metric analysts use to gauge potential buying pressure in the crypto market. Bitcoin (BTC): -8,004 BTC (-1.25%) Ethereum (ETH): -307,203 ETH (-7.35%) Tether (USDT): -360M USDT (-0.98%) The Role of Proof of Reserves in Building Trust The very existence of regular Proof of Reserves reports represents an industry evolution toward greater accountability. Following several high-profile exchange failures, major platforms like Binance have adopted these audits to demonstrate they hold the assets they owe their customers. The process typically involves using cryptographic techniques like Merkle trees to prove holdings without compromising individual user privacy. While not a full financial audit, a PoR provides a vital, frequent verification of custodial responsibility. For the ecosystem, consistent reporting allows for trend analysis. Regulators, institutional investors, and retail users can track the health and custody practices of major entities over time. This Binance report, therefore, is not an isolated data point but part of a continuous transparency feed that contributes to market maturity. The ability to publicly observe an 8,004 BTC outflow is itself a testament to improved industry standards compared to the opaque past. Conclusion Binance’s 40th Proof of Reserves report provides clear, data-driven evidence of changing user asset allocation, marked by an 8,004 BTC decline in Bitcoin holdings. While the movement of funds off a major exchange is significant, it must be interpreted within the broader context of normal market cycles, evolving user custody preferences, and the positive transparency offered by the reporting mechanism itself. The concurrent drops in Ethereum and USDT reserves further illustrate a period of portfolio rebalancing among users. Ultimately, the publication of this detailed Binance Proof of Reserves data enhances market transparency, providing all participants with critical information to assess the landscape. FAQs Q1: What does a decline in Binance’s Proof of Reserves mean? A decline in the reported reserves indicates that users have withdrawn more cryptocurrency from the exchange than they have deposited during the reporting period. It is a measure of net user outflow, not necessarily a reflection of the exchange’s solvency, provided the remaining funds are fully backed. Q2: Is it bad if Bitcoin reserves on an exchange go down? Not inherently. Many long-term investors view large-scale withdrawals from exchanges as a bullish signal, as it reduces the immediate available supply for selling and suggests holders are moving assets to long-term storage. It reflects a preference for self-custody. Q3: How often does Binance publish its Proof of Reserves? Binance has committed to a monthly publication cycle for its Proof of Reserves reports. The latest report is the 40th edition, indicating this practice has been ongoing for several years. Q4: Does the Proof of Reserves report include all Binance user assets? The report typically covers major assets like Bitcoin (BTC), Ethereum (ETH), and key stablecoins like USDT. It may not include every single token listed on the platform, but it focuses on the largest by user holding volume. Q5: What is the difference between ‘user Bitcoin holdings’ and ‘exchange reserves’ in this context? In Binance’s report, ‘user Bitcoin holdings’ refers to the total BTC balance of all its customers held in the exchange’s custodial wallets. ‘Exchange reserves’ is a synonymous term for this aggregate amount. It is the total BTC the exchange is safeguarding for its users. This post Binance Proof of Reserves Reveals Alarming 8,004 BTC Drop in User Holdings first appeared on BitcoinWorld .
bitcoinworld·11h ago
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Binance Claps Back At Senator Blumenthal’s Allegations, Denouncing False Claims
Binance has formally responded to US Senator Richard Blumenthal (D-CT) following a congressional letter in which the lawmaker cited media reports alleging the company enabled large-scale violations of US and international sanctions involving Iran. In an open letter published Friday, Binance rejected the claims and accused the senator of relying on what it described as false and defamatory reporting. Binance Denies Enabling Iranian Money Laundering Senator Blumenthal’s inquiry referenced articles published in February 2026 by The New York Times, Fortune, and The Wall Street Journal. Those reports, according to the senator, suggested Binance had disregarded warnings designed to prevent Iranian money laundering schemes and had allowed approximately $1.7 billion in transfers connected to Iran. In its response, Binance said it takes its legal and regulatory responsibilities seriously and shares the senator’s stated interest in maintaining a safe trading platform. However, the company disputed the accuracy of the reports cited in the letter, calling them demonstrably false and defamatory in several significant respects. Binance emphasized that it maintains strict Know Your Customer (KYC) and compliance procedures and expressly prohibits users residing in or located in Iran from accessing its platform. The exchange also responded to claims, repeated in the senator’s letter and attributed to The Wall Street Journal, that Binance compliance had identified 2,000 accounts associated with Iranian entities despite its stated ban on Iranian users. Binance flatly denied making any such determination. The company said it enforces mandatory identity verification for all customers and does not knowingly onboard users with incomplete or inaccurate documentation. It suggested the claim may stem from its ongoing efforts to strengthen controls related to the use of virtual private networks (VPNs). The firm reiterated that any attempt to circumvent eligibility requirements through VPN usage violates its terms of service. Employee Departures Not Linked To Iran Probe In addition to compliance concerns, the senator’s letter referenced media reports about the treatment of certain employees involved in the Hexa Whale and Blessed Trust investigations. Binance said those reports contained significant inaccuracies and rejected suggestions that employees were dismissed for escalating compliance concerns. While declining to disclose specific personnel details due to privacy considerations, the company acknowledged that some compliance staff and contractors have recently departed, most through voluntary resignations. Binance reiterated that its compliance framework is continuously evolving and strengthening. The company said that when credible risk information arises, it investigates thoroughly, removes accounts when necessary, and reports to appropriate authorities. With respect to the matters raised in Blumenthal’s letter, Binance argued that its compliance systems functioned as intended. The exchange pledged to continue cooperating with law enforcement and advancing what it described as its broader mission of building core infrastructure for the global crypto ecosystem. Featured image from OpenArt, chart from TradingView.com
bitcoinist·11h ago
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Measures the total amount of chatter on a stream over the last 24 hours.
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1 day ago

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Participation Ratio

Measures the number of unique accounts posting on a stream relative to the number of total messages on that stream.
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1 day ago

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AboutBinance Coin is the cryptocurrency of the Binance platform. It is a trading platform exclusively for cryptocurrencies. The name "Binance" is a combination of binary and finance. Thus, the startup name shows that only cryptocurrencies can be traded against each other. It is not possible to trade crypto currencies against Fiat. The platform achieved an enormous success within a very short time and is focused on worldwide market with Malta headquarters. The cryptocurrency currently has a daily trading volume of 1.5 billion - 2 billion US dollars and is still increasing. In total, there will only be 200 million BNBs. Binance uses the ERC20 token standard from Ethereum and has distributed it as follow: 50% sold on ICO, 40% to the team and 10% to Angel investors. The coin can be used to pay fees on Binance. These include trading fees, transaction fees, listing fees and others. Binance gives you a huge discount when fees are paid in BNB. The schedule of BNB fees discount is as follow: In the first year, 50% discount on all fees, second year 25% discount, third year 12.5% discount, fourth year 6.75 % discount, and from the fifth year onwards there is no discount. This structure is used to incentivize users to buy BNB and do trades within Binance. Binance announced in a buyback plan that it would buy back up to 100 million BNB in Q1 2018. The coins are then burned. This means that they are devaluated to increase the value of the remaining coins. This benefits investors. In the future, the cryptocurrency will remain an asset on the trading platform and will be used as gas. Other tokens that are issued by exchanges include Bibox Token, OKB, Huobi Token, and more.
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Categories
Alleged SEC SecuritiesBNB Chain EcosystemCentralized Exchange (CEX) TokenEthereum EcosystemExchange-based TokensFTX HoldingsGMCI 30 IndexGMCI IndexGMCI Layer 1 IndexLayer 1 (L1)Made in ChinaProof of Stake (PoS)Smart Contract Platform
Date
Market Cap
Volume
Close
March 08, 2026
$84.5B
$511.5M
---
March 08, 2026
$84.56B
$509.92M
---
March 07, 2026
$85.55B
$917.95M
$627.37
March 06, 2026
$88.35B
$1.13B
$647.85
March 05, 2026
$89.67B
$1.46B
$657.54
March 04, 2026
$86.48B
$1.29B
$633.92
March 03, 2026
$86.95B
$1.47B
$637.49
March 02, 2026
$84.17B
$1.19B
$616.83
March 01, 2026
$84.18B
$1.21B
$617.53
February 28, 2026
$83.73B
$1.17B
$613.97

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