PWC News
Tuesday, March 17, 2026
No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
No Result
View All Result
PWC News
No Result
View All Result

BNB Price Prediction As Binance Shifts SAFU To Bitcoin

Home Cryptocurrency
Share on FacebookShare on Twitter


Be part of Our Telegram channel to remain updated on breaking information protection

The BNB token recorded $3.6 billion in buying and selling quantity, as the worth fell again to commerce throughout the falling wedge sample, because the Binance trade disclosed plans to transform the SAFU fund’s $1 billion stablecoin reserves into Bitcoin inside 30 days to revive the fund to $1 billion if worth fluctuations push its worth under $800 million.

Binance Coin worth has dropped 5.1% within the final 24 hours to $841.54 as of 04:04 a.m. EST, because the crypto market additionally fell over 5% to $2.89 trillion, in line with Coingecko information.

Because of this continued drop, BTC dropped sharply, reaching its lowest stage in over two months, as a wave of pressured liquidations hit leveraged merchants whereas traders weighed the potential affect of a US Federal Reserve management change.

Knowledge from Coinglass present that roughly $1.74 billion in leveraged positions had been worn out over the previous 24 hours amid the sell-off, with 93% of those coming from lengthy positions.

Binance To Shift $1 billion Person Safety Fund Into Bitcoin

Binance, the world’s largest crypto trade by buying and selling quantity, introduced a plan to transform the complete $1 billion reserve of its Safe Asset Fund for Customers (SAFU) from stablecoins into BTC over the following 30 days.

The fund was created to guard customers from losses attributable to unexpected occasions, similar to information breaches. It added that if bitcoin’s worth swings drop the fund’s worth under $800 million, the trade will high it again as much as $1 billion.

“This initiative is a part of Binance’s long-term industry-building efforts, and we are going to proceed to advance associated work, progressively sharing extra progress with the group,” Binance mentioned on X.

https://t.co/tbXqWVtp95

— 币安Binance华语 (@binancezh) January 30, 2026

Underneath the outlined plan, the trade will progressively purchase BTC as a means of avoiding sudden market disruption, a daring transfer by a centralized trade to again up person funds with BTC.

Changing $1 billion over 30 days implies roughly $33 million in day by day BTC purchases, which might, in flip, assist stabilize the cryptocurrency’s drawdowns.

Moreover, with the $800 million rebalance threshold, Binance will commit to purchasing the dip if the BTC worth falls sharply.

CZ Denies Giant-Scale BNB Promoting By Binance

Because the crypto market corrected, Binance founder Changpeng ‘CZ’ Zhao denied allegations that the trade engaged in large-scale promoting of assorted cryptocurrencies, which can have contributed to the sustained market decline.  

In response to CZ, the adverse rumors are dangerous to the broader market however not personally impactful.

FUD does not harm the goal. My followers elevated.

FUD hurts the market (ie everybody).

I/Binance don’t promote in any significant quantities.

My promoting = I swipe my card and $5 price of BNB will get transformed/despatched to the espresso store.

I do not run Binance anymore, however primarily based on what I…

— CZ 🔶 BNB (@cz_binance) January 30, 2026

In response to CZ, he and Binance haven’t engaged in any “significant” promoting actions, and any private gross sales have been restricted to day by day bills.

CZ’s feedback comply with allegations that the co-founder and the trade have engaged in market manipulation and self-serving practices over time.

Engaged on a comply with up article for these ….

Simply as Binance are nuking the market https://t.co/xgyg24N9Pn pic.twitter.com/vbNC8QB39C

— $trong (@StrongHedge) January 29, 2026

BNB Worth Drops Under Key Assist, Dangers A Sustained Plunge

The BNB worth has fallen again under the 50-day Easy Transferring Common (SMA), reinforcing the narrative of a sustained decline.

After a dramatic surge in October 2025, Binance Coin entered a correction and started buying and selling inside a well-defined falling wedge sample.

After a breakout early this 12 months, the worth of BNB is again under the decrease boundary of the wedge, as sentiment modified to bearish.

BNB’s Relative Power Index (RSI) additionally helps the general bearish pattern, because it continues to drop in direction of the 30-oversold area, at the moment at 36.74.

BNB/USD Chart Evaluation Supply: TradingView

With the worth of the Binance Coin dropping again throughout the higher boundary of the falling wedge sample, the outlook is at the moment bearish, as the worth now dangers a sustained drop again deep throughout the wedge.

If the bears proceed to exert stress, BNB dangers a continued downtrend in direction of the $820.63 help space, which acted as a robust demand space in late 2025. This might be pushed by the SMAs forming round $884.27, with the 200-day SMA shifting above the 50-day SMA.

Conversely, if the Binance Coin reclaims the 50-day SMA resistance stage round $882.23 and manages to shut above the 200-day SMA ($921), the following key goal would be the $1,000 psychological zone. 

Associated Information:

Greatest Pockets – Diversify Your Crypto Portfolio

Best Wallet
  • Simple to Use, Characteristic-Pushed Crypto Pockets
  • Get Early Entry to Upcoming Token ICOs
  • Multi-Chain, Multi-Pockets, Non-Custodial
  • Now On App Retailer, Google Play
  • Stake To Earn Native Token $BEST
  • 250,000+ Month-to-month Energetic Customers

Best Wallet


Be part of Our Telegram channel to remain updated on breaking information protection





Source link

Tags: BinanceBitcoinBNBPredictionPriceSAFUShifts
Previous Post

BlackRock-Backed Jupiter Power Secures $500 Million to Build Battery Storage Across U.S. – ESG Today

Next Post

Binance Reworks SAFU Reserves, Shifting $1B From Stablecoins to Bitcoin

Related Posts

Bitcoin Returns To Full Bull Mode: Key Indicators Signal Bottom And Major Relief Rally
Cryptocurrency

Bitcoin Returns To Full Bull Mode: Key Indicators Signal Bottom And Major Relief Rally

March 17, 2026
IG-Owned Crypto Exchange Pushes APAC Growth with Corporate Payments and Yield Products
Cryptocurrency

IG-Owned Crypto Exchange Pushes APAC Growth with Corporate Payments and Yield Products

March 17, 2026
Central Bank of Russia Proposes Opening National Economy to International Markets Using Digital Assets
Cryptocurrency

Central Bank of Russia Proposes Opening National Economy to International Markets Using Digital Assets

March 17, 2026
Bitcoin Trend Reversal Possible If K Holds, Will Altcoins Follow?
Cryptocurrency

Bitcoin Trend Reversal Possible If $74K Holds, Will Altcoins Follow?

March 17, 2026
OpenAI in advanced talks with major private equity firms for B joint venture: Report
Cryptocurrency

OpenAI in advanced talks with major private equity firms for $10B joint venture: Report

March 16, 2026
Cardano Founder Calls For Insider Recusal In Liqwid Dispute
Cryptocurrency

Cardano Founder Calls For Insider Recusal In Liqwid Dispute

March 16, 2026
Next Post
Binance Reworks SAFU Reserves, Shifting B From Stablecoins to Bitcoin

Binance Reworks SAFU Reserves, Shifting $1B From Stablecoins to Bitcoin

Best Meme Coins to Buy While Bitcoin Dips Under K – InsideBitcoins.com

Best Meme Coins to Buy While Bitcoin Dips Under $83K - InsideBitcoins.com

Sri Lanka Central Bank chief warns of high yielding plantation investments | EconomyNext

Sri Lanka Central Bank chief warns of high yielding plantation investments | EconomyNext

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Israeli startup Bold Security raises m
Business

Israeli startup Bold Security raises $40m

by PWC
March 13, 2026
0

Israeli cybersecurity firm Daring Safety immediately emerged from stealth and introduced it has raised $40 million in funding from...

Sri Lanka rupee stronger, bond yields edge up | EconomyNext

Sri Lanka rupee stronger, bond yields edge up | EconomyNext

March 11, 2026
Bitcoin Trend Reversal Possible If K Holds, Will Altcoins Follow?

Bitcoin Trend Reversal Possible If $74K Holds, Will Altcoins Follow?

March 17, 2026
Cardano Founder Calls For Insider Recusal In Liqwid Dispute

Cardano Founder Calls For Insider Recusal In Liqwid Dispute

March 16, 2026
Central Banks Are Trying to Get Back Into the Spotlight | Investing.com

Central Banks Are Trying to Get Back Into the Spotlight | Investing.com

March 17, 2026
Anthropic just sued the Pentagon. The outcome could reshape the AI race with China | Fortune

Anthropic just sued the Pentagon. The outcome could reshape the AI race with China | Fortune

March 12, 2026
PWC News

Copyright © 2024 PWC.

Your Trusted Source for ESG, Corporate, and Financial Insights

  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis

Copyright © 2024 PWC.