BINANCE COIN / USD TETHER

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BNBUSDT U.S. Democratic senators have asked the Treasury and DOJ to clarify whether Binance is linked to the Trump family, citing concerns over USD1 being used to fund Abu Dhabi’s $ 2B investment in Binance. They also questioned Binance’s continued U.S. operations and whether a pardon for CZ has been sought, requesting a response by May 21

BNBUSDT Fueled by the BNB Chain trading competition and ongoing airdrops, Binance Alpha 2.0 hit a record-breaking $386M in trading volume on May 7, with $308M on the BNB Chain network alone. Its cumulative trading volume is nearing $3B. Notably, the average transaction size on Alpha 2.0 via BNB Chain is around $1,000.

BNBUSDT Binance will suspend the deposits and withdrawals of token(s) on the Ethereum, Arbitrum, Optimism, zkSync Era, Base, Manta Network, Starknet, Polygon, Metis, Scroll, Cyber, Metal DAO, Celo and Worldcoin networks to support the Ethereum network upgrade and hard fork to ensure the best user experience. The network upgrade and hard fork will take place at 2025-05-07 10:05 (UTC).

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BNBUSDT
The key is whether it can support around 583.54-595.0 and rise above 622.50.

The 622.50 point is considered a possible breakout point.

If it falls below 583.54, it is expected to determine the trend again by touching the M-Signal indicator on the 1M chart.
tradingview.com/x/w2aSkVyD/
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BNBUSDT.P Macro/Monthly

Considering correction since Jun highs to be of rare "running flat" structure. Break-out above Apr's highs will open the door to one more bullish leg to 960-1080-1150 macro resistance zone

Alternatively, BD bellow Apr's low allows for one more quick test of 440 support

tradingview.com/x/c0Sh1oDF/
Snapshot


BNBUSDT US asset management giant VanEck submitted the S-1 document of BNB ETF to the US SEC. After approval, any part of the BNB in ​​the trust can be used to earn staking rewards, earn additional BNB or other income.

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