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Binance Coin Faces Critical Support Test Amid Market Sentiment Divergence

Binance Coin (BNB) is currently testing critical support between $600 and $615 after a bearish shift following rejection at $725. A reclaim of $650 could signal a bullish reversal, while failure to hold support may lead to a drop towards $550. Investor sentiment shows a divide, with average investors slightly bearish, while institutional sentiment remains moderately bullish, suggesting potential for an uptrend. Meanwhile, the BNB ecosystem is seeing positive developments, including a $25 million investment from Foresight Ventures to enhance Web3 initiatives.

about Binance Coin Faces Critical Support Test Amid Market Sentiment Divergence

Binance to Delist 12 Trading Pairs on January 17 2025

Binance will delist 12 spot trading pairs, including BNX/BTC and CHZ/FDUSD, on January 17, 2025, due to low trading activity. This decision aims to enhance market liquidity and improve the trading experience for users. Affected traders are advised to adjust their strategies and update or cancel Spot Trading Bots before the deadline.

about Binance to Delist 12 Trading Pairs on January 17 2025
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