In a dramatic turn of events shaking the cryptocurrency landscape, Russian crypto exchange Garantex has abruptly suspended all trading and withdrawals. This drastic measure comes in the wake of a significant $27 million USDT freeze by Tether, the issuer of the world’s largest stablecoin. The freeze, as reported by Cointelegraph, is directly linked to the latest round of EU sanctions targeting Garantex for its alleged ties to sanctioned Russian banks. What does this mean for crypto users, especially those in Russia, and what are the broader implications for the stability of the crypto market? Let’s dive into the details of this developing story. Why Did Garantex Face a Tether Freeze? The core issue stems from the expanding web of international sanctions against Russia. Following Russia’s actions in Ukraine, both the U.S. and the EU have been tightening financial restrictions on entities perceived to be supporting or connected to the Russian regime. Garantex, already sanctioned by the U.S. in 2022, has now become a target of the EU as well. These sanctions are designed to limit Russia’s access to the global financial system, and cryptocurrency exchanges are increasingly being scrutinized to ensure compliance. The EU’s recent action specifically targets Garantex due to its alleged links with sanctioned Russian banks. While the exact nature of these ties remains somewhat opaque, the EU’s decision to impose sanctions suggests they have identified connections that warrant restrictive measures. This is where Tether freeze comes into play. Tether, as a centralized entity controlling USDT, has the authority to freeze addresses holding USDT, especially when instructed by law enforcement or regulatory bodies. In this case, it appears Tether acted in response to the EU sanctions, freezing $27 million USDT linked to Garantex. Impact of the Tether Freeze on Garantex and its Users The immediate impact of the Tether freeze is the paralysis of Garantex’s operations. The exchange has suspended all trading and withdrawals, effectively locking users out of their funds, at least temporarily. Garantex itself has issued a warning to its users, particularly those holding USDT in Russian wallets, indicating that their assets are now at risk. This situation presents several challenges: Loss of Access to Funds: Users of Garantex, especially in Russia, are facing the immediate prospect of being unable to access their USDT holdings. This can have significant financial consequences, particularly for those who rely on these funds for daily transactions or savings. Uncertainty and Panic: The sudden halt in operations and the warning from Garantex have understandably created uncertainty and panic among users. The lack of clarity from Tether and the ongoing maintenance of the exchange further fuel anxiety. Reputational Damage to Garantex: This incident severely damages Garantex’s reputation. Trust is paramount in the crypto exchange world, and a freeze of this magnitude, coupled with sanctions, erodes user confidence. Wider Market Concerns: While Garantex is not one of the largest global exchanges, this event highlights the risks associated with centralized exchanges and the potential impact of regulatory actions on the crypto market. What Does This Mean for the Broader Crypto Market and Sanctions? The Garantex situation is not an isolated incident. It underscores the increasing regulatory scrutiny of the cryptocurrency industry, particularly concerning sanctions compliance. Here’s what we can infer for the broader crypto market: Increased Regulatory Pressure: Governments and regulatory bodies worldwide are paying closer attention to crypto exchanges. They are actively working to ensure compliance with sanctions regimes and prevent the use of crypto for illicit activities. Centralized Exchanges at Risk: Centralized exchanges, like Garantex, are more vulnerable to regulatory actions and sanctions due to their centralized nature. They are subject to the jurisdiction of governments and can be compelled to freeze assets or halt operations. Decentralization as a Countermeasure: This event may further strengthen the argument for decentralized exchanges (DEXs) and decentralized finance (DeFi). DEXs, by their nature, are more resistant to censorship and sanctions, although they too are not entirely immune to regulatory pressures. USDT Scrutiny: This freeze also puts Tether and USDT under renewed scrutiny. As the dominant stablecoin, USDT’s actions have significant ripple effects across the crypto market. Its compliance with sanctions and its transparency are constantly debated topics. Russian Crypto Exchange Under Pressure: A Sign of Things to Come? Garantex, being a Russian crypto exchange , finds itself at the epicenter of geopolitical tensions and financial sanctions. The pressure on Russian crypto exchanges is likely to intensify as international sanctions remain in place. This incident raises questions about the future of crypto in Russia and the ability of Russian users to access and utilize cryptocurrencies in a regulated and secure manner. The situation with Garantex could be a harbinger of things to come for other exchanges operating in or catering to regions targeted by sanctions. It highlights the delicate balance crypto exchanges must strike between providing services and complying with increasingly complex and stringent global regulations. Actionable Insights: What Can Crypto Users Learn? This unfolding situation provides several key takeaways for crypto users: Diversification of Holdings: Relying heavily on a single exchange, especially one operating in a geopolitically sensitive region, carries risks. Diversifying holdings across multiple exchanges and considering self-custody solutions can mitigate risks. Understanding Exchange Risks: Users should carefully research the exchanges they use, considering their regulatory compliance, jurisdiction, and risk profile. Exchanges operating in sanctioned regions or with unclear regulatory status may pose higher risks. Exploring Decentralized Options: For those concerned about censorship and sanctions, exploring decentralized exchanges and DeFi protocols might be a viable alternative, although these also come with their own set of risks and complexities. Staying Informed: Keeping abreast of regulatory developments and news related to crypto exchanges is crucial. Events like the Garantex freeze can have significant implications for the market and individual users. Conclusion: Navigating the Complex World of Crypto Regulations The Garantex saga serves as a stark reminder of the growing intersection of cryptocurrency and international regulations. The crypto sanctions landscape is evolving rapidly, and exchanges and users alike must adapt to this new reality. While the crypto space often touts decentralization and freedom from traditional finance, centralized entities like exchanges are increasingly becoming subject to the rules and regulations of the global financial system. The USDT freeze on Garantex is not just about one exchange; it’s a signal of the increasing pressure and scrutiny the entire crypto industry is facing in the context of global sanctions and regulatory compliance. As the situation unfolds, the crypto community will be watching closely to see how Garantex responds, how Tether addresses the situation, and what further regulatory actions may follow. This event is a critical juncture, highlighting the need for vigilance, informed decision-making, and a proactive approach to navigating the complex and evolving world of cryptocurrency regulations. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action.
On March 7th, COINOTAG reported that US President Donald Trump is poised to conclude the much-anticipated US-Ukraine mining agreement. This deal is contingent upon the Ukrainian leadership’s commitment to establish
Sentiment in the crypto world can change rapidly and unpredictably, and right now, XRP is feeling the heat. While Ripple's legal battles and market volatility continue to weigh on XRP, a new player is stealing the spotlight. BinoFi is the first ever hybrid crypto exchange. With its ambitious vision and innovative features, BinoFi is attracting attention from investors who are looking for the next project with big returns. But what makes this token stand out, and why are people betting on its explosive potential in 2025? The Presale: A Gradual Climb to Success BinoFi's presale is structured to reward early adopters while maintaining fairness and stability. This gradual rise ensures that early participants get the best deal, while latecomers may regret missing the opportunity as the project gains momentum. What's interesting is the absence of private sales, a move that prevents large investors from dominating the market early on. Instead, the presale is entirely public, giving retail investors a fair shot at getting in from the start. Early participants also enjoy extras like staking bonuses, governance rights, and trading fee discounts, which could make holding BINO more appealing in the long run. BinoFi's Vision: Bridging the Gap Between CEXs and DEXs BinoFi's core idea is simple yet powerful: combine the best of centralized exchanges (CEXs) and decentralized exchanges (DEXs) into one platform. CEXs are known for their speed and liquidity but come with the risk of losing control over your funds. DEXs, on the other hand, offer security and transparency but often suffer from slow transactions and fragmented liquidity. BinoFi aims to solve this dilemma by offering a hybrid liquidity model. This model aggregates liquidity from both CEXs and DEXs, ensuring users get the best prices and fastest execution. Whether you're a casual trader or an experienced one, BinoFi promises a smoother experience without compromising on security. Speaking of security, the platform's non-custodial MPC wallets ensure that users retain full control of their assets, eliminating the risk of exchange hacks or insolvency. Proof-of-Reserves & On-Chain Transparency: A New Standard One of the biggest concerns in crypto is trust. How do you know an exchange isn't playing fast and loose with your funds? BinoFi addresses this with real-time proof-of-reserves, a feature that allows users to verify the platform's solvency at any time. Unlike traditional exchanges that operate in the shadows, BinoFi's on-chain transparency ensures that every transaction is traceable and every reserve is accounted for. This level of transparency is rare in the crypto space, and it could set a new standard for how exchanges operate. When BinoFi delivers on this, it will just force other platforms to step up their game or risk losing users to a more transparent competitor. Why BinoFi Could Explode So, what does the future hold for BinoFi? Upon delivering its promises, the token would see significant growth by 2025. Here's why: Hybrid Model Appeal: The combination of CEX speed and DEX security is a compelling proposition. If BinoFi can attract both retail and institutional users, its liquidity and trading volume could skyrocket. Transparency as a Selling Point: In an industry plagued by scandals, BinoFi's proof-of-reserves and on-chain transparency could make it a trusted name in crypto. Token Utility: BINO isn't just a speculative asset—it's integral to the platform's ecosystem. From trading fee discounts to governance rights, the token has multiple use cases that could drive demand. Conclusion: A Token Worth Watching While XRP struggles to regain its footing, BinoFi is a promising alternative for investors seeking innovation and transparency. Its hybrid exchange model, commitment to security, and accessible price make it a standout project in a crowded market. Will BinoFi explode in 2025? Experts say the probability is close to 100%. One thing is clear: in a world where trust is often in short supply, BinoFi is choosing transparency as top priority and that makes it a project worth watching. Website: https://binofi.com Whitepaper: https://whitepaper.binofi.com Telegram: https://t.me/binofilabs Twitter: https://x.com/Binoficom Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
The industry's ongoing campaign against the debanking of crypto businesses and leaders has secured a legislative push from a top U.S. senator, Tim Scott, who is championing a bill that would cut out federal banking regulators' ability to use "reputational risk" as a reason to steer banks away from customers. That practice had been cited by Republicans as a problem area in recent congressional hearings, which examined how digital assets businesses had been systematically cut out of U.S. banking relationships because of perceptions that the regulators — including the Federal Reserve, Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency — didn't want them there. As the chairman of the Senate Banking Committee, South Carolina's Tim Scott has rounded up fellow Republicans on that panel to back the bill — the Financial Integrity and Regulation Management Act , or FIRM Act — that cuts that phrase from any regulators' assessment of a bank's safety and soundness. "It’s clear that federal regulators have abused reputational risk by carrying out a political agenda against federally legal businesses," Scott said in a statement on the bill, which said that ending debanking is among his top priorities. "This legislation, which eliminates all references to reputational risk in regulatory supervision, is the first step in ending debanking once and for all." Senator Cynthia Lummis, a Wyoming Republican who is the leader of the digital assets subcommittee, had recently raised this specific point as a concern with the Federal Reserve's oversight. "Americans deserve a transparent regulatory framework that fosters innovation in digital assets instead of smothering it with government overreach," she said in a statement. Consumer advocates and several Democrats, including Senator Elizabeth Warren, have argued that the regulators' focus on digital assets had been warranted after the collapse of several major firms, fraud charges against industry leaders, major routine hacks of digital assets platforms and generally volatile markets have posed threats to the safety of investors. Read More: Crypto's Debanking Worries Hit Another Big Stage in U.S. House
Majority Whip Tom Emmer first proposed banning Federal Reserve banks from using or issuing a digital dollar in 2022.
The latest in a series of reversed tariff threats by President Trump isn't having the hoped-for effect on risk markets at least halfway through the U.S. trading day on Thursday. The stock market initially bounced off a sharply lower opening and bitcoin (BTC) rose through $91,000 as Commerce Secretary Howard Lutnick — in an appearance on CNBC — said the president would exempt Mexico from his new 25% tariff for any goods or services covered under a previous trade agreement. The nicer stance toward the country's neighbor to the south was confirmed later by a social media post from Trump. The positive moves in markets were short-lived though, with the Nasdaq at its session low just past the noon hour on the east cost, down 2.3%. Bitcoin has pulled back to $88,500, down nearly 1% over the past 24 hours. This just in: Interest rates are soaring globally Possibly lost in the unending ebb and flow of news emanating out of D.C. is a sharp rise in interest rates across the developed world. With U.S. military support for Europe possibly on the decline, governments across the continent are pledging budget-busting increases in defense spending. Germany, for instance, this week saw one of its worst bond crashes ever, with the 10-year Bund yield jumping more than 40 basis points to the current 2.83%. In Japan, where long-term Japanese Government Bond (JGB) yields were little more than a handful basis points for what seemed like decades, the 10-year JGB yield rose another 6 basis points to 1.51% overnight. That's more than double the level of six months ago. The moves haven't been ignored by U.S. markets. The 10-year Treasury yield — which had previously had declined about 70 basis points since the Trump inauguration — has risen more than 20 basis points in the last 48 hours to 4.30%. Friday brings the latest U.S. jobs figures The large gains in interest rates brings a renewed importance to the February U.S. Nonfarm Payrolls Report to be released Friday morning. Economists are expecting payrolls to have risen 160,000 versus 143,000 in January. The unemployment rate is seen remaining steady at 4%. A strong print — and employment reports have tended to run ahead of expectations for many months running — could send rates pumping even higher, and risk markets, crypto among them, into a new leg down.
Hold onto your hats, crypto enthusiasts! The winds of change might be blowing in our favor, and if Real Vision crypto market analyst Jamie Coutts is on the mark, we could be witnessing a spectacular rally soon. Coutts boldly stated on X that both Bitcoin (BTC) and the vast universe of top 200 altcoins are gearing up to potentially smash through their existing ceilings and reach dazzling new all-time highs (ATHs) by May. Is this wishful thinking, or is there solid ground beneath this optimistic forecast? Let’s dive deep into the analysis and unpack what this could mean for the crypto market . Decoding the Price Prediction: Bitcoin and Altcoins to ATH? Coutts’ price prediction hinges on a confluence of factors, some seemingly contradictory at first glance. While the U.S. Dollar Index (DXY), a key indicator of the dollar’s strength and often inversely correlated with crypto prices, has taken a significant dip (which is generally seen as rocket fuel for liquidity and risk assets like crypto), Bitcoin itself just weathered its roughest February in a decade. Confusing, right? Let’s break it down: The DXY Dip – A Tailwind for Crypto? : A weaker dollar usually means global liquidity loosens up. This often translates to more capital flowing into riskier assets, and cryptocurrencies are certainly in that category. Think of it like this: when the dollar is less attractive, investors look elsewhere for potentially higher returns, and crypto becomes a brighter prospect. Bitcoin’s February Blues – A Temporary Setback? : Despite the favorable DXY conditions, Bitcoin had a tough February. This could be due to profit-taking after a strong run, broader market corrections, or simply the inherent volatility of the crypto space. However, Coutts suggests this might be a temporary lull before a bigger surge. Altcoin Carnage – Capitulation or Opportunity? : The altcoin market, often seen as a high-beta play compared to Bitcoin, experienced even more significant selling pressure. A staggering 47% of the top 200 altcoins plummeted to new yearly lows. Interestingly, Coutts interprets this as a potential sign of capitulation – a point where sellers are exhausted, and the market is primed for a reversal. Why Could This Crypto Market Rally Happen Now? To understand the potential for this crypto market rally, we need to consider the cyclical nature of crypto and the broader macroeconomic environment. Here are a few key drivers that could fuel this predicted surge: Halving Hype: The upcoming Bitcoin halving event (expected in April 2024) historically reduces the supply of new Bitcoin entering the market. This supply shock, coupled with sustained or increasing demand, often creates a bullish environment for Bitcoin and, consequently, the broader crypto market. Institutional Adoption: Major financial institutions are increasingly embracing crypto. The launch of Bitcoin ETFs in the US is a game-changer, opening up Bitcoin investment to a wider range of investors and legitimizing the asset class further. This institutional influx can provide significant buying pressure. Broader Economic Recovery (or at least stability): While economic uncertainty persists globally, there are signs of resilience and potential recovery in some major economies. If inflation starts to cool down and central banks pivot towards less hawkish monetary policies, risk assets like crypto could benefit significantly. Altcoin Season Potential: After periods of Bitcoin dominance, the altcoin market often experiences a surge. If Bitcoin leads the charge to new ATHs, history suggests that altcoins, with their higher risk and reward profile, could follow suit with even more explosive gains. Navigating the Altcoins Landscape: Opportunity or Peril? The altcoins space is a double-edged sword. While the potential for explosive gains is undeniable, so is the risk of significant losses. The fact that nearly half of the top 200 altcoins hit yearly lows might seem alarming, but as Coutts points out, it could be a sign of market cleansing – a necessary shakeout before a new bull run begins. Potential Benefits of Investing in Altcoins during a Predicted Rally: Benefit Description Higher Growth Potential Altcoins, especially smaller-cap ones, often exhibit higher percentage gains than Bitcoin during bull markets. Diversification Investing in a basket of altcoins can diversify your crypto portfolio beyond just Bitcoin, potentially reducing overall risk (though individual altcoin risk can be high). Exposure to Innovation Altcoins represent diverse projects and technologies within the crypto ecosystem, offering exposure to various sectors like DeFi, NFTs, and Web3. Challenges and Risks of Altcoin Investing: Challenge/Risk Description Higher Volatility Altcoins are significantly more volatile than Bitcoin, meaning price swings can be dramatic and losses can be substantial. Liquidity Issues Some altcoins, especially smaller ones, can have lower liquidity, making it harder to buy and sell large amounts without impacting the price. Project Risk Many altcoin projects are still in early stages and carry a higher risk of failure or abandonment compared to established cryptocurrencies like Bitcoin. Scams and Rug Pulls The altcoin space is rife with scams and “rug pulls,” where projects are designed to defraud investors. Due diligence is paramount. Actionable Insights: Preparing for a Potential ATH Surge So, how can you navigate this potentially explosive ATH scenario? Here are some actionable insights: Do Your Own Research (DYOR): This is crypto rule number one. Don’t blindly follow predictions. Thoroughly research any cryptocurrency you consider investing in, understanding its technology, team, use case, and tokenomics. Risk Management is Key: Never invest more than you can afford to lose. Crypto is inherently volatile, and even optimistic predictions can be wrong. Diversify your portfolio and consider using stop-loss orders to manage downside risk. Stay Informed: Keep a close eye on market developments, macroeconomic indicators, and news related to Bitcoin and altcoins. Market sentiment can shift rapidly in the crypto world. Consider Dollar-Cost Averaging (DCA): Instead of trying to time the market perfectly, consider DCA – investing a fixed amount of money at regular intervals. This can help smooth out volatility and potentially improve your average entry price. Be Patient and Long-Term Focused: Crypto investing is often a long-term game. Don’t get caught up in short-term hype or panic selling during dips. Focus on the long-term potential of the technology and the assets you believe in. Conclusion: Are We on the Cusp of a New Crypto Dawn? Jamie Coutts’ prediction of Bitcoin and top 200 altcoins reaching new ATHs by May is certainly exciting and warrants attention. While recent market dips and Bitcoin’s February struggles might seem concerning, the underlying factors like a weaker dollar, the upcoming Bitcoin halving, and increasing institutional adoption paint a potentially bullish picture for the crypto market . The altcoin market, despite its recent woes, could be poised for a significant rebound if Bitcoin leads the way. However, remember that predictions are not guarantees. The crypto market is notoriously unpredictable, and thorough research and prudent risk management are crucial. But, if Coutts’ analysis proves accurate, we might just be on the verge of witnessing another exhilarating chapter in the crypto saga. Buckle up, it could be a wild ride to May! To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action.
Cryptocurrency markets are anticipating significant volatility soon. Experts warn of potential losses in the next 24 hours. Continue Reading: Prepare for the Upcoming Wave of Volatility in Cryptocurrency Markets The post Prepare for the Upcoming Wave of Volatility in Cryptocurrency Markets appeared first on COINTURK NEWS .
Key takeaways : Binance coin price prediction for 2025 indicates that the coin’s price could reach a maximum price of $1,064.36. The Binance coin price prediction for 2028 projects a maximum price of $2,838.30 and a minimum price of $2,483.51. By 2031, BNB’s price could surge to $4,612.24 with broader acceptance in mainstream finance. After notable changes in its executive team, Binance has shown resilience and prospects for recovery. The departure of Changpeng Zhao, Binance’s CEO, who was also embroiled in legal challenges, initially caused a decline in the value of Binance coin (BNB). Despite this initial setback, the cryptocurrency has shown a positive trend. What’s next for BNB in the remainder of 2025 and beyond? What can be the future price movements? Let’s get into the BNB price prediction and technical analysis. Overview Cryptocurrency Binance coin Token BNB Price $595.5 Market Cap $85.44B Trading Volume $1.61B Circulating Supply 142.47M BNB All-time High $788.84 Dec 04, 2024 All-time Low $0.09611 Oct 19, 2017 24-hour High $612.03 24-hour Low $588.44 Binance coin price prediction: Technical analysis Metric Value Volatility 5.60% 50-Day SMA $652.82 14-Day RSI 42.52 Sentiment Bearish Fear & Greed Index 26 (Fear) Green Days 14/30 (47%) 200-Day SMA $620.22 Binance coin price analysis: BNB falls to $595.5 amidst bear run TL;DR Breakdown: Binance Coin price analysis confirms a downtrend at $595.5. Cryptocurrency has lost 0.52% of its value. BNB coin has support at $566.4. On 6 March 2025, Binance Coin price analysis revealed a bearish trend for the cryptocurrency. The coin value dropped to $595.5 in the last 24 hours. The cryptocurrency lost 0.52% of its value throughout the day. Despite the bullish swing in the early week, the bears are in the lead. BNB/USDT price analysis on the daily timeframe The one-day price chart of Binance Coin confirmed a bearish price movement for the day. BNB/USD value depreciated to $595.5 during the past 24 hours. The increasing volatility signals a higher chance of reversal. The distance between the Bollinger Bands defines volatility. This distance is widening as its volatility rises. Moreover, the upper band of the Bollinger Bands indicator, acting as the resistance, has shifted to $690.3. Its lower band, serving as the support, is at $566.4. BNB/USDT descends to $595.5 The Relative Strength Index (RSI) indicator is neutral. The indicator’s value dropped to 42.88 today. This movement is depicted by a steep, bearish slope. BNB price analysis on a 4-hour chart The four-hour price analysis of Binance Coin confirmed a decreasing trend for the currency. BNB/USD value has deteriorated to $595.7 amidst the growing bearish activity. Red candlesticks on the price chart signify a rising selling pressure. The Bollinger Bands are converging as its volatility drops. The decline in volatility levels is suggestive of lower market unpredictability. Moving on, the upper Bollinger band is at a $614.5 high, indicating the resistance level. Conversely, the lower Bollinger band is at $560.5, securing support. Binance Coin descends to $595.7 The RSI indicator is hovering within the neutral region for now. The steep bearish slope on the indicator’s graph signifies loss. The selling activities have grown from the early hours of the day. This has resulted in a considerable decline and an unstable trading setup for investors. BNB technical indicators: Levels and action Daily simple moving average (SMA) Period Value ($) Action SMA 3 625.18 SELL SMA 5 620.40 SELL SMA 10 636.55 SELL SMA 21 645.55 SELL SMA 50 652.82 SELL SMA 100 671.76 SELL SMA 200 620.22 SELL Daily exponential moving average (EMA) Period Value ($) Action EMA 3 638.74 SELL EMA 5 649.31 SELL EMA 10 666.22 SELL EMA 21 681.00 SELL EMA 50 679.49 SELL EMA 100 655.42 SELL EMA 200 613.93 SELL What to expect from Binance coin price analysis Binance Coin price analysis gives a relatively bearish prediction. The coin’s value dropped to $595.5 in the last 24 hours. Overall, the cryptocurrency value fell by 0.52%. Technical indicators and price charts continue to depict a negative momentum for today. Is BNB a good investment? Considering the recent price moves, purchasing Binance coins and holding them for an extended period could yield significant returns. From a five-year plan standpoint, it is projected to see a large increase, possibly rising above $4,612.24 in 2031. However, financial choices shouldn’t be made exclusively based on our data. Why is BNB down? BNB’s price decreased over the last 24 hours, towards the support at $566.4. Sellers stepped in to sell the assets; moreover, the support floor at that level seems stable because bulls successfully secured this level in the past week, whereas the coin is still trading on the balanced end of its daily price range. Will BNB reach $800? Most crypto analysts, including WalletInvestor and Coincodex, are bullish on BNB. According to Binance coin price prediction, its price is expected to cross the $800 mark in 2025, which would be higher than the current Binance coin price. Will BNB reach $2000? Currently, BNB is feeling pressure from legal challenges around its ecosystem. However, as these issues are settled by next year, the coin’s price is expected to start a bull run. As per the Binance coin price prediction, BNB will reach $2000 at the end of 2027. Will BNB reach $3000? Binance allows users to save up to 25% on spot margin trading fees by using BNB. Another factor is that users can save up to 10% on future trading expenditures with the token, which makes it a primary choice. Binance also uses a significant portion of its earnings to buy back BNB. The burning process also decreases the token supply and increases demand, which is expected to increase in value above $3000 in 2029, according to Binance coin price prediction. Does BNB have a good long-term future? All cryptocurrencies involve risks and uncertainties. However, BNB has a strong market position and a management team that runs the world’s largest cryptocurrency exchange. BNB has the potential for increased utility and is expected to retain a strong position in the cryptocurrency sphere. Binance coin price prediction suggests that holding it for the long haul is a good option, with tenfold expected returns in five years and the price reaching $4,612.24 by 2031. Recent news/opinion on BNB Binance founder and ex-CEO CZ reshared his post stressing mental health. He said if the crypto dip is stressful for you, then you should reduce your positions for peace of mind. He was replying to a question by a user who goes by the BillionAirSon, asking him his views on present markets. If you got shaken out during the dip, reduce your size to a level you can handle. Mental stability beats all market volatility. https://t.co/RRhEpBf3G6 — CZ 🔶 BNB (@cz_binance) March 1, 2025 YZi Labs has announced an investment in Sign, a platform focused on on-chain infrastructure for token distribution and credential verification. Sign claims that it is aiming to establish a larger network to promote a more transparent token distribution that will be more secure. https://t.co/8hEBp502dB — YZi Labs (@yzilabs) January 28, 2025 BNB price predictions for March 2025 According to expert analysis, Binance coin could reach a maximum price of $687 in March 2025. The average trading price is expected to be $634 for the month, while the lowest it can go is $532. Period Potential Low Potential Average Potential High Binance coin price prediction March 2025 $532 $634 $687 BNB price prediction 2025 According to the Binance coin price prediction for 2025, BNB might reach a minimum price of $709.57. The maximum price can reach $1,064.36, with an average trading price of about $886.97. Period Potential Low Potential Average Potential High 2025 $709.57 $886.97 $1,064.36 BNB price prediction 2026 – 2031 Year Minimum Price Average Price Maximum Price 2026 $1,300.89 $1,478.28 $1,655.67 2027 $1,892.20 $2,069.59 $2,246.99 2028 $2,483.51 $2,660.91 $2,838.30 2029 $3,074.82 $3,252.22 $3,429.61 2030 $3,666.14 $3,843.53 $4,020.92 2031 $4,257.45 $4,434.84 $4,612.24 Binance coin price prediction 2026 In 2026, BNB may scale to a maximum of $1,655.67, with an average price of $1,478.28 and a minimum of $1,300.89. Binance coin price prediction 2027 For 2027, the Binance Coin price forecast suggests that BNB could achieve a maximum valuation of $2,246.99, with an average trading price of $2,069.59 and a minimum of $1,892.20. Binance coin price prediction 2028 In 2028, BNB is projected to have a maximum price of $2,838.30, an average price of $2,660.91, and a minimum value of $2,483.51. Binance coin price prediction 2029 By 2029, BNB could reach a maximum of $3,429.61, with an average trading price of $3,252.22 and a minimum of $3,074.82. Binance coin price prediction 2030 In 2030, BNB may attain a maximum valuation of $4,020.92, with an average price of $3,843.53 and a minimum of $3,666.14. Binance coin price prediction 2031 Binance coin (BNB) could reach a maximum price of $4,612.24 in 2031, with an average value of $4,434.84 and a minimum of $4,257.45. Binance coin price prediction 2025 – 2031 BNB market price prediction: Analysts’ BNB price forecast Firm Name 2025 2026 DigitalCoinPrice $1,312.83 $1,552.55 CoinCodex $1,577.02 $1,257.93 Cryptopolitan’s BNB price prediction Our forecast shows that Binance coin will achieve a high price of $1,003.21 near the end of 2025. In 2026, BNB’s price will range between $1,297.17 and $1,621.62. In 2031, it will range between $4,213.71 and $4,570.92, with an average of $4,365.39. It is important to consider that the predictions are not investment advice. Professional consultation is suggested, or you can carry out your research. Binance Coin historic price sentiment Binance Coin (BNB) was launched in July 2017 through an Initial Coin Offering (ICO), with an initial price of around $0.10, according to historical crypto market data. As a utility token for the Binance cryptocurrency exchange, it offered users reduced trading fees. In late 2017, BNB’s price significantly increased and reached its first major peak in January 2018, hitting approximately $24. However, it experienced a decline following the broader market correction. BNB price history | Coinmarketcap Throughout 2018 and 2019, BNB’s price experienced gradual growth as the BNB market soared. In 2018, BNB traded near $13 for most of the year but dropped to $5 by December. However, BNB reached above $30 in June 2019. Despite the global economic uncertainty caused by the COVID-19 pandemic, BNB maintained relative stability and saw an upward trend in 2020. Due to the growing popularity of Binance as an exchange and the expansion of its ecosystem, the coin touched the $34 range in November 2020. BNB experienced a significant bull run in early 2021, reaching a high above $600 in May 2021. Positive market sentiment helped improve its market cap, which remained at an all-time high until recently. Binance Coin’s price dynamics in 2022 were characterized by volatility and were influenced by a combination of macroeconomic factors and regulatory developments around the Binance exchange, which led to a bearish scenario. This took BNB to less than $220 in June and an average price of $250 in December. BNB remained a significant player in the cryptocurrency market in 2023, recovering to about $350 in April. However, it soon lost momentum, reaching about $205 in October. In late December, BNB climbed back to about $325. At the beginning of 2024, Binance Coin (BNB) traded near $300, surged to an all-time high of $717.48 in June, fluctuated between $488 and $661 through the year, and closed December at $700.3. In January 2025, BNB maintained an average price of $697, but it decreased to $589 by the end of February. In March 2025, BNB is trading near the psychological mark of $600.
On Thursday, Binance co-founder Changpeng Zhao (CZ) started a debate on social media platform X, discussing whether developers should build their AI-focused blockchain projects on their own Layer 1 (L1) networks or rely on existing Layer 2 (L2) solutions. Through his official X account, Zhao said the query crossed his mind after having a conversation with a project founder. He surmised that the main goal of AI-driven blockchain projects is not to create a new blockchain but to “use blockchain technology for AI-related economic models.” “ Having your own L1 feels like you have more sovereignty, more decentralization, etc. But it’s also a lot more work. Nodes, validators, etc. You are also kinda on your own island ,” the ex-Binance CEO wrote . “ L2 saves you all that work. And doesn’t seem to have much value leakage to the L1 you are on (like ETH). You get to use the DEX, perps, existing tools, and the community .” Concluding his thoughts, Zhao asked the crypto community which of the two is considered “superior. ” He acknowledged that it was an aged debate but wondered if there is a clearer winner now. Decentralization vs. practicality: Community discusses L1 networks, like Bitcoin and Ethereum, are independent blockchains that handle all transactions and security on their own, processing transactions directly and requiring validators or miners for consensus. L2 solutions such as Ethereum’s ZK-Rollups operate on top of existing L1 chains and process transactions off-chain or in batches before settling on the main blockchain to reduce congestion and fees. L2s allow projects to use pre-established ecosystems without the need to maintain a network. Building L1 is more like building an apartment building. You need to maintain the building, employ security and find real estate agents who then find you tenants to make the building viable. Similarly, L2 is like buying one of those apartments to rent it out further. Smaller… — Annkurr (@ghaiankur) March 6, 2025 In response to CZ’s question, an account using the pseudonym Silent Capital insisted that the decision should depend on what the project’s goals are. According to the user, L2 networks are innately decentralized because they leverage an existing blockchain network. According to Silent Capital a users own L1 won’t give the same level of decentralization. They also talked about how, in order to build a new L1, a developer would have to make almost everything from scratch. They have to cover consensus mechanisms, validator networks, and security models. Marketing researcher Clytheronix also gave a similar perspective, insisting that L1 networks tend to be more decentralized but come with greater complexity. L1 networks haven’t lost their relevance Still, not everyone agrees with the idea that L2 is the best option for AI projects. MatrixAI community head Sercan Muslu listed some benefits of L1’s sovereignty, asserting that AI applications require a level of optimization that existing L2 solutions fail to provide. “L1 sovereignty isn’t just about control [it] helps optimize consensus mechanisms for AI workloads. [In addition, it] integrates AI models natively into the chain and improves scalability without external dependencies,” Muslu remarked. The community head concluded that L2 solutions feel more plausible, but they depend on the L1 parent chain’s architecture and are not designed to handle AI’s high computational demands. Some crypto enthusiasts like Music artist Marco Tonetti went beyond technical considerations and saw the choice between L1 and L2 through the scope of making a business strategy. “ L2 is way better if you want to build a product. L1 is better if you want to gamble your luck and become richer faster ,” he claimed . Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More