[28/07, 11:11 pm] Mithilesh Raj: today binance crypto news
[28/07, 11:11 pm] Meta AI: Here are some of today's Binance crypto news highlights ¹ ² ³:
- *Binance Coin (BNB) Price*: BNB is currently trading at $832.55, with a closing price of $850.67 on July 28, 2025. The token is testing key resistance near $700, with a potential breakout fueled by a recent token burn and rising active addresses.
- *Binance Launches RWUSD*: Binance has introduced a new principal-protected product, RWUSD, offering users an annual percentage rate (APR) of up to 4.2%. This product provides a stable and secure way for users to earn interest on their assets.
- *Binance's Regulatory Challenges*: The crypto exchange is facing regulatory scrutiny in various countries, including Singapore and the UK. Binance's Cyprus unit has applied for deregistration as a crypto asset service provider, and the company is navigating the complex regulatory landscape in Europe.
- *Binance's New Token Launch Feature*: Binance has debuted a new token launch model using a bonding curve mechanism for price discovery. This feature allows for more transparent and efficient token launches, providing users with better opportunities for participation.
- *SEC Drops Lawsuit Against Binance US*: The US Securities and Exchange Commission (SEC) has dropped its lawsuit against Binance US, signaling a potential shift in regulatory approach. This development could have significant implications for the crypto industry, particularly in the US.
- *Binance's Partnership with TaggerAI*:
#BNBATH BNB Chain has acquired over 40 million TAG tokens
#TRX✅ from TaggerAI, building on earlier acquisitions. This partnership highlights Binance's continued efforts to expand its ecosystem and support innovative projects.
- *Justin Sun's ETH Transfer*: A wallet linked to Justin Sun transferred 50,600 ETH, worth approximately $181 million, to Binance. This significant transfer has sparked interest and speculation in the crypto community.
#BinanceHODLerTree #BTC☀️ #XTrade