The crypto markets are heating up again, and this week brought a mix of institutional moves, regulatory developments, and meme coin madness. Let’s break down what’s fueling the action behind the scenes.
? BNB Gains Momentum After $520M Institutional Bet
In a surprising and bold move, Windtree Therapeutics, a Nasdaq-listed biotech firm, committed $520 million of its treasury into Binance Coin (BNB). This makes BNB one of the most heavily backed altcoins by an institutional player in recent times.
The result?
BNB price surged to $804, with daily volume soaring past $25 billion. While the technicals still support upward movement, indicators like RSI (~80) suggest a temporary overbought phase — a short pullback before a possible breakout toward $820–830.
