Windtree Therapeutics (WINT), a biotech company dedicated to developing therapies for critical health conditions, has announced a significant partnership with Build and Build Corporation. The two companies revealed a $200 million securities purchase agreement aimed at establishing a Binance Coin (BNB) treasury. First NASDAQ-Listed Company Offering Direct BNB Exposure Under the terms of this agreement, Windtree has the potential to secure an additional $140 million in gross proceeds through future subscriptions, which would bring total subscriptions to $200 million. The funds—expected to come in the form of cash, shares of Osprey BNB Chain Trust, and BNB tokens—will primarily be utilized to implement a BNB crypto treasury strategy. Related Reading: ‘Crypto Week’ Takes A Hit: US House Fails To Advance Key Acts This, according to the firm’s official announcement, positions Windtree as a pioneer in the BNB digital asset space, aiming to be the first NASDAQ-listed company to provide direct exposure to the BNB token, which currently ranks as the fifth-largest blockchain by market capitalization. The initiative reportedly addresses a pressing need for both retail and institutional investors seeking regulated access to the Binance ecosystem, one of the leading ecosystems in the digital asset industry. The Most Liquid Crypto Exchange Token? The firm also praised the Binance ecosystem, anchored by one of the world’s largest cryptocurrency exchanges. Windtree also considered the growing metrics of the token, noting that BNB boasts average daily trading volumes exceeding $2 billion, making it the largest and most liquid crypto exchange token globally. Patrick Horsman, CFA and Director of Build & Build Corp, expressed enthusiasm about the partnership, stating: We are thrilled to propose a groundbreaking BNB strategy to the US market. This innovative solution will offer investors targeted exposure to Binance and BNB, addressing what we believe to be a critical gap in the US investment landscape. Related Reading: Citigroup CEO Confirms Interest In Issuing A Proprietary Stablecoin—Reuters The Binance Smart Chain supports swift, low-cost transactions and fosters a thriving decentralized finance (DeFi) ecosystem that includes thousands of decentralized applications (dApps) and millions of users. With a dominant market share in Asia, Windtree asserts that Binance and its ecosystem are poised for significant growth in both global and US markets. Jed Latkin, Chief Executive Officer of Windtree, emphasized the importance of this transaction, noting: Today marks a pivotal moment for Windtree. This transaction secures up to $200 million from institutional investors, offering our shareholders a unique opportunity to gain exposure to a BNB-focused crypto treasury strategy. At the time of writing, Binance Coin is trading at $717, having registered significant gains of 9% and 10% over the past fourteen days and one month, respectively. Despite this recovery, the token is still trading 8.6% below its record price of $788, which was reached during last December’s rally. Featured image from DALL-E, chart from TradingView.com
Binance maintained its top spot among crypto exchanges, handling over 35% of global trading volume in the second quarter.
BNB price is correcting gains from the $708 zone. The price is now facing hurdles near $692 and might dip again toward the $675 support. BNB price is attempting to recover from the $675 support zone. The price is now trading below $690 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $692 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $680 level to start another increase in the near term. BNB Price Faces Hurdles After a steady increase, BNB price failed to clear the $710 zone. There was a downside correction below the $690 and $680 levels, unlike Ethereum and Bitcoin. The price even dipped below $678 and tested $675. A low was formed at $674 and the price is now attempting to recover. There was a move above $680. The price climbed above the 50% Fib retracement level of the downward move from the $707 swing high to the $674 low. However, the bears are active near $692. There is also a key bearish trend line forming with resistance at $692 on the hourly chart of the BNB/USD pair. The price is now trading below $690 and the 100-hourly simple moving average. On the upside, the price could face resistance near the $692 level. The next resistance sits near the $695 level or the 61.8% Fib retracement level of the downward move from the $707 swing high to the $674 low. A clear move above the $695 zone could send the price higher. In the stated case, BNB price could test $708. A close above the $708 resistance might set the pace for a larger move toward the $720 resistance. Any more gains might call for a test of the $732 level in the near term. Another Decline? If BNB fails to clear the $692 resistance, it could start another decline. Initial support on the downside is near the $682 level. The next major support is near the $680 level. The main support sits at $674. If there is a downside break below the $674 support, the price could drop toward the $665 support. Any more losses could initiate a larger decline toward the $650 level. Technical Indicators Hourly MACD – The MACD for BNB/USD is losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BNB/USD is currently below the 50 level. Major Support Levels – $685 and $680. Major Resistance Levels – $692 and $708.
BNB is celebrating its eighth anniversary and has recently undergone a $1 billion token burn.
The TGE format lets Binance Wallet users trade tokens with prices that rise as demand grows, with the first project reveal set for July 15.
The price rise was driven by a combination of the broader cryptocurrency market rally and a fresh $1 billion token burn.
The recent Maxwell hard fork which reduced block times and the introduction of tokenized equities by Kraken and Backed Finance have contributed to growth.
The launch of xStocks on BNB Chain comes on the heels of debuting on Solana DeFi protocols last week.
This stability was influenced by global macro developments, including fresh tariff measures announced by U.S. President Donald Trump
BNB price is gaining pace above the $650 support zone. The price is now showing positive signs and might aim for more gains in the near term. BNB price is attempting to recover from the $620 support zone. The price is now trading above $655 and the 100-hourly simple moving average. There is a key contracting triangle forming with resistance at $662 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $655 level to start another increase in the near term. BNB Price Eyes More Gains After forming a base above the $620 level, BNB price started a fresh increase. There was a move above the $645 and $650 resistance levels, like Ethereum and Bitcoin. The price even surged above the $660 level. A high was formed at $666 before there was a downside correction. The price dipped below the 50% Fib retracement level of the upward move from the $650 swing low to the $666 swing high. The price is now trading above $655 and the 100-hourly simple moving average. On the upside, the price could face resistance near the $662 level. There is also a key contracting triangle forming with resistance at $662 on the hourly chart of the BNB/USD pair. The next resistance sits near the $665 level. A clear move above the $665 zone could send the price higher. In the stated case, BNB price could test $672. A close above the $672 resistance might set the pace for a larger move toward the $680 resistance. Any more gains might call for a test of the $700 level in the near term. Another Decline? If BNB fails to clear the $662 resistance, it could start another decline. Initial support on the downside is near the $655 level and the 61.8% Fib retracement level of the upward move from the $650 swing low to the $666 swing high. The next major support is near the $650 level. The main support sits at $644. If there is a downside break below the $644 support, the price could drop toward the $632 support. Any more losses could initiate a larger decline toward the $620 level. Technical Indicators Hourly MACD – The MACD for BNB/USD is gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BNB/USD is currently above the 50 level. Major Support Levels – $655 and $650. Major Resistance Levels – $662 and $665.
Technical analysis suggests that BNB is consolidating, with buyers supporting the price around $659.45 and sellers capping gains at $664.38.
The purchase is part of a larger plan and brings Nano Labs' total digital asset reserves to around $160 million.
BNB Chain has launched its much-anticipated Maxwell upgrade, a network improvement that aims to halve block times from 1.5 seconds to just 0.75 seconds. The upgrade, activated on June 30, is expected to significantly boost transaction speeds, enhance network responsiveness, and optimize communication between validators on the Binance Smart Chain (BSC). The Maxwell upgrade builds […]
The post BNB Chain’s Maxwell upgrade drives record DEX trading volume appeared first on CryptoSlate.
BNB held above $648 Sunday ahead of the Maxwell upgrade, which will cut block time in half and boost scalability, validator sync, and network efficiency.
Nano Labs plans to sell $500 million in convertible notes to accumulate Binance’s BNB, aiming to own 5%-10% of its circulating supply.
BNB price is gaining pace above the $632 support zone. The price is now showing positive signs and might aim for more gains in the near term. BNB price is attempting to recover from the $600 support zone. The price is now trading below $632 and the 100-hourly simple moving average. There was a break above a bearish trend line with resistance at $625 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $632 level to start another increase in the near term. BNB Price Eyes More Gains After forming a base above the $600 level, BNB price started a fresh increase. There was a move above the $620 and $625 resistance levels, like Ethereum and Bitcoin. There was a decent move above the 50% Fib retracement level of the recent decline from the $651 swing high to the $602 low. Besides, there was a break above a bearish trend line with resistance at $625 on the hourly chart of the BNB/USD pair. The price is now trading below $632 and the 100-hourly simple moving average. It is also consolidating near the 76.4% Fib retracement level of the recent decline from the $651 swing high to the $602 low. On the upside, the price could face resistance near the $644 level. The next resistance sits near the $650 level. A clear move above the $650 zone could send the price higher. In the stated case, BNB price could test $665. A close above the $665 resistance might set the pace for a larger move toward the $680 resistance. Any more gains might call for a test of the $700 level in the near term. Another Decline? If BNB fails to clear the $644 resistance, it could start another decline. Initial support on the downside is near the $635 level. The next major support is near the $632 level. The main support sits at $625. If there is a downside break below the $625 support, the price could drop toward the $612 support. Any more losses could initiate a larger decline toward the $600 level. Technical Indicators Hourly MACD – The MACD for BNB/USD is gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BNB/USD is currently above the 50 level. Major Support Levels – $632 and $625. Major Resistance Levels – $644 and $650.
BNB finds itself at a pivotal crossroads where conflicting signals collide — a bearish breakdown challenging key support levels, yet a bullish flag pattern hints at a potential upward surge. This paradox leaves traders and investors weighing which force will ultimately dominate the market’s next move. As pressure mounts from both sides, understanding the technical nuances behind this tug-of-war becomes crucial to anticipating BNB’s trajectory in the near term. BNB Faces Pressure From Key Technical Levels Analyzing the BNBUSD setup on the M30 timeframe, Thomas Anderson in an X post highlighted that the price is currently testing the yellow support line at $626.95, following a decisive drop below the cyan price line at $633.99. This breakdown has shifted short-term sentiment, suggesting that sellers are beginning to exert stronger control over the price action. Related Reading: BNB Price Breakout Could Trigger ATH Rally Repeat – Is $730 The Next Stop? According to Anderson, the 200 MA (red line), positioned between $642 and $645, is now acting as a dynamic resistance zone overhead. With price trading below this moving average, any attempts at recovery may face immediate rejection. He also pointed out that the H1 chart confirms the ongoing bearish momentum, with the price continuing to trade below both the cyan level and the 200 MA. This alignment between the M30 and H1 timeframes strengthens the case for further downside movement, especially if the current support at $626.95 fails to hold. Until buyers manage to reclaim key resistance levels, the overall outlook remains weak, and traders should keep an eye on how the price behaves around the current support to gauge the next likely move. BNB’s Price Outlook Strengthened By Bullish Continuation Signal Despite the bearish outlook presented by Thomas Anderson, eL Zippo expressed a more optimistic stance in his latest X tweet regarding BNB. He believes that BNB still has the potential to rise in value, challenging the prevailing negative sentiment around its recent price action. Related Reading: BNB Price Eyes Comeback: Can It Regain Momentum and Rally Higher? EL Zippo’s view is supported by the formation of a bullish flag pattern on the chart. This pattern is widely recognized as a continuation signal, indicating that the asset may resume its prior upward trend after a period of consolidation. For eL Zippo, the presence of this structure suggests that BNB could be setting up for another leg higher if market conditions align. At the time of writing, BNB was trading around the $623 mark, reflecting steady price action. The asset’s market capitalization stood at approximately $87.7 billion, signaling strong investor interest. Additionally, BNB recorded a 24-hour trading volume of roughly $1.8 billion, with price and volume showing percentage gains of 2.11% and 13.22%, respectively—an indication of renewed activity and positive sentiment in the market. Featured image from Adobe Stock, chart from Tradingview.com
The move comes amid a growing trend of corporations adopting bitcoin and other cryptocurrencies as treasury reserve assets.
BNB is holding steady above $616 support as network activity and a key upgrade fuel investor interest.
The drop comes ahead of the Maxwell hard fork, which is expected to bring in a number of improvements, including transaction throughput.
Amid the market performance, BNB is attempting to reclaim the $650 level. Some analysts believe that a breakout toward the $700 barrier might occur next, which could lead to a bigger move to new highs. Related Reading: Solana Correction About To End? Analyst Forecasts $130 Retest Before Next Wave Up BNB Breakout To Retest $700 On Friday, BNB dropped to the $640 support after failing to hold the mid-zone of its local price range. The cryptocurrency has been trading within the $630-$690 price range following its reclaim of the $600 barrier last month. During the May breakout, BNB neared the crucial $700 resistance level, hitting a four-month high of $697. This key level propelled the altcoin’s price toward its $788 all-time high (ATH) after being broken in late 2024 and was lost during the early 2025 pullbacks. Now, the cryptocurrency is eyeing a reclaim of this area as support to continue its price recovery. Analyst Carl Runefelt from The Moon Show noted that BNB displays a one-month descending triangle pattern on the daily timeframe, with price compressing between the support and resistance levels. According to the chart, the formation’s support sits around the $635 level, while the descending resistance sits around the $650 area. To Runefelt, a bullish breakout from this pattern could propel the token 10% toward the $700 resistance. Notably, reclaiming and confirming this key area as support could also send BNB’s price toward another crucial horizontal level. Analyst Crypto Batman recently highlighted that BNB is forming a multi-month ascending triangle, “holding strong” near the ascending trendline after continuing to bounce from the $635-$640 support zone. To the market watcher, “Even with market uncertainty, BNB structure is clean after respecting the trendline and bouncing off major support, now eyeing a breakout above $700,” which could be part of a bigger move toward the $800 level. Is A Move To $800 Coming? Crypto Batman also noted that the cryptocurrency could be following the same price action as last year. He asserted that the altcoin’s price “loves testing key zones before liftoff,” adding that it is displaying the same base form as it did in Q3 2024. Last year, the token formed a three-month base around the $460-$470 area, which led to an “explosive” run over the next few months. This year, BNB formed a similar base near the $550 level, and it’s “showing strength again.” To the analyst, “If the pattern repeats, then patience will give us profits.” Additionally, he pointed out that despite the early April retraces, BNB held its macro range, trading above the range lows and multi-time-tested support. Related Reading: SUI Preparing For New Highs As Falling Wedge Breakout Targets $5 The cryptocurrency is now consolidating near the mid-zone, which could propel the price to a retest of the macro range highs around the $729 mark. He explained that “If we see a breakout above the $729 resistance, it could open the path toward a 50% move to the upside.” The analyst affirmed that BNB’s structure remains bullish as long as the cryptocurrency holds the $490-$500 levels, adding that the $600 mark is also a strong support. As of this writing, BNB is trading at $641, a 2.9% decline in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
BNB finds itself at a pivotal moment as price action tightens between two critical technical zones. After a period of consolidation, the cryptocurrency is testing resistance near the 200-period moving average, hovering around the $653 mark. Meanwhile, support around the $640 level continues to hold firm, acting as a safety net for bulls trying to defend the current structure. 200 MA Acts As A Ceiling Against BNB Uptrend According to Thomas Anderson in a recent X post, the M15 BNB chart reveals that the price is currently testing resistance around the $651.50 level, marked by a horizontal yellow line. Related Reading: BNB Coils For Impact: Will $670 Crack Under Pressure? This move follows a recent bounce off the ascending white trendline support, indicating that buyers are still defending the short-term uptrend. However, price action remains just beneath the 200-period moving average (red line), which is acting as a dynamic resistance zone near the $653 mark. Momentum indicators are offering mixed signals at the moment. The MACD continues to print negative values, showing that bearish pressure hasn’t fully dissipated, while the RSI has started recovering from previously oversold conditions. This combination suggests the potential for a short-term bounce within the ascending channel. M30 And H1 Charts Are Aligning In an updated post, the analyst also went further to examine the BNB M30 chart, where price is currently trading at $650.10 and appears to be consolidating just below the 200-period moving average (red line) situated around the $653 level. This area is acting as a key short-term resistance zone, and price action has shown hesitation around it, reflecting a battle between buyers and sellers. Interestingly, the H1 chart mirrors this behavior, showing a broader ascending channel structure that suggests an underlying bullish bias, though still unconfirmed. Related Reading: BNB Price Reclaims $600 — Is This the Start of a Major Upside Move? The immediate resistance to watch remains near the $653 mark, aligned with the 200 MA on both the M30 and H1 timeframes. If bulls can muster enough strength to break and sustain above this level, it could trigger a fresh wave of upward momentum for BNB toward the next resistance at $657. This would represent a potential continuation of the ascending channel’s structure and hint at growing bullish control in the short term. On the flip side, if price fails to push above the $653 resistance, consolidation may begin to lose steam. In such a scenario, a retreat toward the previous swing low near the $640 level becomes likely. This support area has already proven its strength and could be the next level of defense if bearish pressure increases. Traders are watching closely, as these levels may determine BNB’s next directional move. Featured image from Adobe Stock, chart from Tradingview.com
BNB is struggling to break above a resistance level of $654, with price swings driven by global unease due to the ongoing conflict between Israel and Iran.
The drop comes amid growing unease surrounding the conflict between Iran and Israel and Trump's convening of the National Security Council.
The growth was fueled by surging usage of the BNB Chain, which recorded over 16 million transactions a day, a jump from around 4 million daily transactions.
While technical indicators show a mixed picture, BNB remains above key support at $640, suggesting potential for upward reversal.
The token's performance is being closely watched, particularly around the $674 resistance level, which could indicate a breakout if surpassed.
The rebound comes amid fading uncertainty surrounding a public feud between Donald Trump and Elon Musk, as well as improving fundamentals on the BNB Chain.
However, regulatory tension and market volatility persist, with a potential breakout pushing prices towards $790.
Crypto analyst Wise Crypto recently turned the spotlight on BNB, noting in a post on X that the asset is approaching a critical technical juncture. According to his analysis, the weekly chart is coiling up with increasing pressure against the key resistance zone around $670, a level that has historically acted as a formidable ceiling. This repeated test of resistance has drawn heightened attention from traders, watching for a potential breakout. The BNB Breakout Blueprint According to Wise Crypto, BNB is currently hovering just below the long-standing resistance zone near $670. He noted that market activity is intensifying, with volume beginning to rise, a signal that momentum may be building behind the scenes. As price continues to coil beneath this significant barrier, pressure is mounting, and a decisive breakout could catalyze a powerful upward move. Related Reading: BNB Rally To All-Time High Grows Strong, But This Crucial Zone Must Hold Wise Crypto outlined several potential targets for BNB if it manages to break above the key resistance zone. The initial target is approximately $710, representing the next significant resistance level that will test the durability of the rally. This price point may act as a stepping stone for further gains, providing early confirmation that the breakout is gaining traction. If buying momentum remains strong, the second target of $742 comes into focus. Beyond that, Wise Crypto highlights a possible retest of BNB’s all-time high around $800 as the ultimate goal. While ambitious, this target could be within reach if the breakout is backed by robust trading volume and continued bullish enthusiasm from the market. Confirmation Signals To Watch In conclusion, the analyst stressed that this is not merely a random price surge but a move supported by strong technicals and fundamentals. Binance’s sustained dominance in the crypto space, along with BNB’s key role in its ecosystem and increasing real-world utility, all point toward a lasting and meaningful upside for the token. Related Reading: BNB Price Slingshot To $1,000: Why The 50 EMA Could Hold The Key A weekly close above the $670 resistance zone would act as a major confirmation that bullish momentum is taking hold. Such a close would suggest that BNB is ready to break free from historical ceilings and open the door for further gains. Volume trends will also play a crucial role. A breakout accompanied by a strong increase in trading volume would provide the “rocket fuel” needed to propel BNB higher. Lastly, holding above the $710 mark is essential, as this level represents an acceleration zone where buying pressure could intensify and push BNB toward even higher targets. These factors combined will be key indicators for traders looking to capitalize on the next move. Featured image from Adobe Stock, chart from Tradingview.com