BNB/USDT (BNBUSDT)
- 749.3400
- +10.9800+1.49%
BNBUSDT Chart
- 5D
- Daily
- Weekly
- Monthly
- 1Q
- 1Y
BNB/USDT (BNBUSDT) News
Bitcoin Slips to $78,800 as BNB and DeFi Tokens Buck the Selloff
Bitcoin fell 0.42% since midnight UTC to $78,874, but the CoinDesk 20 rose 0.2% and the memecoin index gained 0.41% as BNB Chain tokens rallied.
Express News | Yi Lihua’s Industry Review: Hoarding Cryptocurrencies, Infrastructure, and Project Market Capitalization Management Are More Conducive to Generating Compound Returns
On September 8, Jack Yi (Yi Lihua), founder of Liquid Capital, posted on the X platform: “Having entered the crypto industry in late 2015 and spent over a decade in this field, my retrospective analysis suggests that beyond hard work, strategic choices are paramount. Several groups have achieved success: one is the cohort that hoards Bitcoin/Ethereum/BNB, including activities such as mining, holding coins, and operating mining pools; this approach yields returns through the compounding effect of time. Another group trades infrastructure, encompassing quantitative arbitrage, exchanges, and stablecoins. A third involves projects and market makers (MMs), which fall under the categories of asset issuance and asset control. In contrast, traders focusing on investments and derivatives overall experience more failures than successes. Their model resembles that of hunters, who must go out hunting every day to eat; it entails high risk with low compounded returns.”
Bitcoin Slips Under $79,000, Zcash Leads Losses as Fed Hike Odds Hold Near 60%
Every major token fell on Tuesday, though most keep weekly gains, with traders pricing a 60% chance of a Fed hike next week.
Express News | Zhao Changpeng: IPOs will migrate on-chain
On September 8, Zhao Changpeng stated on Twitter that IPOs will migrate on-chain (IPOs will move on chain).
Crypto projects set a record with $638 million in token buybacks this year.
According to ChainCatcher, citing the Financial Times, data from blockchain analytics firm Allium Labs shows that crypto projects have spent nearly $640 million on token buybacks year-to-date, totaling $638 million. This figure exceeds the $545 million recorded during the same period last year, while the full-year total for 2024 stood at only $366,000. Perpetual futures exchange Hyperliquid and meme coin launchpad pump.fun together accounted for nearly 90% of the total buyback volume. Allium Labs’ Head of Research
Express News | Banco do Brasil Expands Crypto Services as Regulatory Framework Takes Shape
On September 8, Brazilian banks were expanding their crypto-asset services for clients. According to a report by Folha de S.Paulo, Itaú, Brazil’s largest asset management bank, now offers 15 crypto-assets—including Bitcoin, Ethereum, and the US dollar stablecoin USDC—through its investment app. Nubank, Brazil’s largest fintech company, lists 28 crypto-assets. Banco do Brasil, the country’s most profitable state-owned bank, has recorded transaction volumes exceeding 11 million reais (approximately $2.1 million) since launching direct purchase services for Bitcoin and Ethereum in January of this year. However, customer crypto transactions are not reflected on the banks’ balance sheets. A March 2026 document from the Central Bank shows that Brazilian banks hold zero virtual assets on their books. Over the past year, Itaú, Bradesco, Santander, Banco do Brasil, and Nubank have all expanded their crypto product lines, coinciding with record growth in the size of Brazil’s crypto market. According to data from the Brazilian Federal Revenue Service (Receita Federal), Brazilians transferred 505.5 billion reais (approximately $98.7 billion) via cryptocurrencies in 2025, more than five times the 2020 level, with corporate transactions accounting for 98.3% of the total. This move by banks aligns with the implementation of new regulations. Brazil enacted the Legal Framework for Virtual Assets in 2022, granting regulatory authority over the sector to the Central Bank. Three resolutions issued in November 2025 require any institution allowing customers to trade, hold, or send cryptocurrencies to obtain a license, meet minimum capital requirements, and segregate customer accounts. The compliance deadline is October 30, 2026.