Binance US is looking to raise funds at a $1 billion valuation. The news just broke this morning: according to Bloomberg, Binance US is seeking up to $100 million in private funding to expand its U.S. business. Sources say that World Liberty Financial, which is linked to the Trump family, was briefed on the plan but will not invest.
A quick market update: $BTC 82,374, up 0.69% over 24h; $ETH 2,442, up 0.61%. Market breadth: 17 of 28 assets are up, and the Fear & Greed Index is at 63. $STRK leads the gainers with a 12.18% rise.
The curious part is that closely related BNB is trading at 729.83, actually down 0.22% over 24h—so for now, the market isn’t buying the news. In the futures market, the BTC long/short ratio is 1.51 and ETH’s is 2.64; ETH open interest is also up 0.11% over the past hour.
My take: the short-term uptrend remains intact. As long as 82,000 holds, I’m staying bullish; a break below that invalidates the view. If this funding round goes through, will BNB react—or keep playing dead?
#Binance #BTC #BNB #CryptoNews
A quick market update: $BTC 82,374, up 0.69% over 24h; $ETH 2,442, up 0.61%. Market breadth: 17 of 28 assets are up, and the Fear & Greed Index is at 63. $STRK leads the gainers with a 12.18% rise.
The curious part is that closely related BNB is trading at 729.83, actually down 0.22% over 24h—so for now, the market isn’t buying the news. In the futures market, the BTC long/short ratio is 1.51 and ETH’s is 2.64; ETH open interest is also up 0.11% over the past hour.
My take: the short-term uptrend remains intact. As long as 82,000 holds, I’m staying bullish; a break below that invalidates the view. If this funding round goes through, will BNB react—or keep playing dead?
#Binance #BTC #BNB #CryptoNews