BNB, Aster surge double digits ahead of Binance’s Monday product reveal

The post SKY whale moves 137 mln tokens: Is a sell-off coming as price struggles near $0.060? appeared on BitcoinEthereumNews.com. With the SKY market remaining relatively calm, long-term holders have begun to reposition. According to Arkham data, an address linked to dragonfly_xyz transferred 137 million SKY, worth $9.05 million, to Coinbase. These tokens were purchased from Binance five years ago, valued at approximately $20.45 million. Source: Arkham Since then, SKY has faced extreme downward pressure. Now, these tokens have lost over $11.4 million in value.  The token transfer to exchanges could either mean preparation to sell or liquidity exposure. If sold, the sale would result not only in $11 million in losses for the holder but also cause significant market pressure on SKY.  SKY remains highly bearish In addition to this major market transfer, most of the SKY market participants remain skeptical. On Binance, for example, sellers have dominated the market over the past month. So

The post BNB Price Prediction: Binance Coin Targets $760 After Explosive Breakout Above Key $700 Resistance appeared on BitcoinEthereumNews.com. Binance Coin (BNB) has regained momentum after breaking above the closely watched $700 resistance level, fueled by renewed market optimism surrounding a forthcoming Binance announcement and improving technical conditions across multiple timeframes. The rally pushed BNB more than 10% higher in a short period, drawing attention from traders who have been monitoring the asset’s prolonged consolidation range. While analysts remain cautious about predicting future price movements, the breakout has shifted focus toward higher resistance zones, with $760 emerging as the next major level on the charts. Binance Announcement Hype Coincides With Technical Breakout The latest move came shortly after Binance teased an undisclosed product reveal scheduled for June 1, 2026. The announcement sparked speculation across the crypto market and coincided with a sh

The post Binance aims for 3 billion users by 2030 amid a market it says is going through hard times appeared on BitcoinEthereumNews.com. The crypto market is struggling, competitors are either passing through hard times or pivoting to other areas, while Binance is building with eyes on increasing its active user base ten-fold to 3 billion by 2030, Catherine Chen, the head of VIP and Institutional told CoinDesk in an interview. “It is true, the market is going through a hard time,” Chen said. “There is still some regulatory development, we are seeing some of our competitors either struggling or perhaps shifting their focus.” Coinbase, for example, recently reduced its workforce by 14% or nearly 700 staffers, citing negative market conditions as well as AI challenges, part of a wave of crypto employee layoffs this year. As BTC faces resistance to reclaim the psychological six-figure mark over $100,000, a level it has not seen since mid-November, the broader market seeks sustainable growt

Cross-chain protocol Gravity Bridge was drained of roughly $5.4 million on May 30, with the attacker reportedly funneling part of the haul through Binance and Changenow, blockchain security firm Peckshield reported. Funds Routed Through Binance and ChangeNow Gravity Bridge, a protocol that moves tokens between Ethereum and the Cosmos ecosystem, lost about $5.4 million in […]

XRP is sending out an interesting on-chain signal at a time when its price is still struggling to build a convincing recovery above $1.3. A closely monitored on-chain metric tracking the behavioral gap between XRP’s largest holders and its retail base has collapsed to its lowest reading in more than two years.  The data, sourced from blockchain analytics platform CryptoQuant, points to a structural shift in how XRP is flowing out of Binance, with the Binance Whale vs. Retail Spread for XRP falling to 88.3%, its lowest level in more than two years. XRP Whale Vs. Retail Spread Hits A 2-Year Low The spread between whale and retail outflows on Binance has dropped to 88.3%, its lowest point since May 2024, and notably, it is the second time this level has been tested within the same month.  Related Reading: Pundit Says The Clock Is Ticking For XRP, Here’s What To Know The Binance Whale vs. Retail Spread tracks the gap between large XRP outflows and smaller retail-sized outflows on Binance.

The post Binance adds GENIUS as 65th HODLer airdrop appeared on BitcoinEthereumNews.com. Binance named Genius Terminal its 65th HODLer Airdrop, giving 10 million GENIUS tokens to qualifying BNB holders. Summary Binance will distribute 10 million GENIUS tokens to BNB holders who used Simple Earn or On-Chain Yields between May 11 and 13, 2026. Genius Terminal is a multichain trading platform backed by YZi Labs and advised by CZ, with a 1 billion token total supply. The HODLer Airdrop program is a recurring Binance mechanism that deepens BNB utility by rewarding long-term stakers retroactively. Binance announced Genius Terminal as the 65th project on its HODLer Airdrop program, continuing its pattern of rewarding loyal BNB holders with tokens from projects ahead of their exchange listing. The snapshot window for eligibility ran from May 11 to May 13, 2026. Only BNB subscribed to Binance’s Simple Earn or On-Chain Yields products during that three-day period qualifies, with allocations dist

Binance named Genius Terminal its 65th HODLer Airdrop, giving 10 million GENIUS tokens to qualifying BNB holders.

Ethereum is struggling to push above $2,000 as the market prepares for a decisive move that participants on both sides of the trade increasingly recognize as imminent. The price is compressing — and CryptoQuant data has identified a development in the derivatives market that explains why the current level feels like more than a routine resistance test. Related Reading: HYPE Whale Bets Grow Larger As Institutional-Linked Accumulation Reaches $170M On May 28, Binance recorded a 336,000 ETH increase in 30-day open interest while Ethereum traded near $1,990. That single-venue reading is the highest positive open interest expansion Binance has registered in the current chart since May 2019 — a data point that places the current derivatives activity in a historical context spanning six years of market cycles. This scale of positioning built at this specific price level is not normal market behavior. It is an extreme. Ethereum Multi Exchange Open Interest | Source: CryptoQuant The expansion w