$BNB /USDT STABILIZES AFTER DEEP DIP WATCH FOR CONSOLIDATION
$BNB plunged from $673.43 to a low of $625.44 but has since bounced back to $648.68. While today's move shows only +0.20%, the recovery bounce hints at stabilization. However, with a massive 79.68% sell-side dominance, upside may remain limited unless bulls regain control above key resistance.
📊 Market Snapshot
Current Price: $648.68
24H Range: $646.46 – $653.81
24H Volume: 76,684.85 BNB
Sentiment: Recovery bounce, but heavy sell-side weight
📉 Trade Setup (Range Play)
Entry Zone: $642 – $646
TP1: $655
TP2: $662
TP3: $673
SL: $635
$BNB is trying to carve a higher low after a sharp dump. If it holds above $642 and volume shifts toward buyers, we could see a return to the $660+ region.
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{spot}(BNBUSDT)
#SouthKoreaCryptoPolicy reflects South Korea's evolving approach to cryptocurrency regulation, aiming to balance innovation with investor protection.
In July 2024, the country enacted the Virtual Asset User Protection Act, marking its first comprehensive crypto regulatory framework. This legislation mandates that exchanges store at least 80% of user deposits in cold wallets and entrust cash deposits to licensed banks. Additionally, crypto services must maintain reserves equivalent to customer deposits and establish insurance or reserve funds to address potential risks .
Looking ahead, South Korea plans to regulate cross-border virtual asset transactions starting in the second half of 2025. Businesses involved in such transactions will be required to register with authorities and report monthly to the Bank of Korea. This move responds to significant foreign exchange-related crimes involving virtual assets .
The government is also set to release institutional crypto investment guidelines in Q3 2025. These guidelines will allow public companies, professional investors, and charities to engage in cryptocurrency trading within a regulated framework .
Overall, South Korea's crypto policy aims to foster a secure and transparent environment for digital asset activities, positioning the nation as a leader in the global crypto landscape.
#TradingMistakes101 Bitcoin, which emerged in 2009 thanks to Satoshi Nakamoto, has revolutionized the concept of money. It is not just numbers in a blockchain – it is a challenge to the traditional financial system, an idea of freedom and independence. In its early years, BTC remained in the shadows, but with the growing interest, it transformed into a powerful investment tool, comparable to digital gold. Today, it is experiencing rapid development: volatility, new technologies, acceptance by corporations and governments. The world no longer ignores cryptocurrency – it is learning to live with it. What will the future of Bitcoin be? Perhaps you will become a part of this story.
#CryptoCharts101 Bitcoin, which emerged in 2009 thanks to Satoshi Nakamoto, has revolutionized the concept of money. It is not just numbers in a blockchain – it is a challenge to the traditional financial system, an idea of freedom and independence. In its early years, BTC remained in the shadows, but with the growing interest, it transformed into a powerful investment tool, comparable to digital gold. Today, it is experiencing rapid development: volatility, new technologies, acceptance by corporations and governments. The world no longer ignores cryptocurrency – it is learning to live with it. What will the future of Bitcoin be? Perhaps you will become a part of this story.
#SouthKoreaCryptoPolicy Bitcoin, which emerged in 2009 thanks to Satoshi Nakamoto, has revolutionized the concept of money. It is not just numbers in a blockchain – it is a challenge to the traditional financial system, an idea of freedom and independence. In its early years, BTC remained in the shadows, but with the growing interest, it transformed into a powerful investment tool, comparable to digital gold. Today, it is experiencing rapid development: volatility, new technologies, acceptance by corporations and governments. The world no longer ignores cryptocurrency – it is learning to live with it. What will the future of Bitcoin be? Perhaps you will become a part of this story.
$BTC Bitcoin, which emerged in 2009 thanks to Satoshi Nakamoto, has revolutionized the concept of money. It is not just numbers in a blockchain – it is a challenge to the traditional financial system, an idea of freedom and independence. In its early years, BTC remained in the shadows, but with the growing interest, it transformed into a powerful investment tool, comparable to digital gold. Today, it is experiencing rapid development: volatility, new technologies, acceptance by corporations and governments. The world no longer ignores cryptocurrency – it is learning to live with it. What will the future of Bitcoin be? Perhaps you will become a part of this story.