BNB

On 28 January 2026, the U.S. crypto market was steady as the Senate prepared to vote on the Crypto Market Structure Bill on Thursday at 3:00 PM ET. The bill seeks to clarify how digital assets are classified and which regulators oversee them, while Bitcoin, Ethereum, and major altcoins traded higher ahead of the decision.

Binance Coin traded around $873 on Tuesday, edging about 1% higher while confronting strong resistance in the $900–$915 area. Futures open interest in BNB reached roughly $1.39B in the last 24 hours and spot and derivatives activity on BNB Chain showed steady engagement. Despite this, the short‑term chart remains corrective, with analysts eyeing the $860 support and a possible bounce toward a nearby resistance cluster.

Grayscale expanded its ETF plans by filing a Form S-1 with the SEC on January 23, 2026 for a spot BNB fund, and moving to convert its Grayscale Near Trust into a spot NEAR ETF. The BNB move places it alongside VanEck, while coverage noted NEAR rose more than 3% even as the broader crypto market faced pressure.

On January 26, 2026, RIVER climbed to a new all-time high of $87.73 before slipping below $80 hours later. According to Bubblemaps, more than 88% of the Base supply sits in one address, while on BNB Chain the top holder controls over 69.3%, stoking crash fears. Open interest topped $214M with over 64% shorts, triggering a recent short squeeze.

On January 26 2026, Virtune announced the launch of its physically backed Virtune BNB ETP on Nasdaq Stockholm, offering 1:1 exposure to BNB and charging a 1.95% management fee. The SEK‑denominated product adds to Virtune's lineup of over 20 crypto ETPs, while a 10:1 share split for Virtune Bitcoin Prime ETP is scheduled for February 2 2026. Despite growing institutional interest in BNB, the token has dropped over 6% in the past week and about 10% in the last six months.

As of January 25, 2026, XRP fell below $1.83 and neared its early-2026 support, after peaking above $2.40 on January 6 and losing almost 25%. According to CryptoPotato, Bitcoin slid from $87,500 to just under $87,000 with over $300 million liquidations in four hours, dragging altcoins. Analyst EGRAG CRYPTO highlighted $1.75 as the first key defense.

On January 23, 2026, BNB Chain's team began probing an apparent hack of its CoinMarketCap profile after attackers uploaded an AI-generated image. Their internal review suggests the incident is connected to a previous vulnerability on CoinMarketCap's community platform, while opportunistic traders launched and later rugged a $WAFFLE memecoin on BNB Chain following the post. Users were warned to exercise caution regarding investment decisions based on social media content.

The UK Financial Conduct Authority is entering the last stage of its consultation on how consumer duty requirements will apply to crypto firms, with feedback due by March 12 and an approval gateway for cryptoasset promotions planned for September. The regulator has also granted money-laundering regulations registration to Ripple and confirmed that new rules will require full authorization for most crypto businesses, while cryptoassets will remain outside Financial Service Compensation Scheme protection.

On January 23, 2026, Grayscale Investments filed a Form S-1 with the U.S. Securities and Exchange Commission seeking approval for the Grayscale BNB Trust, a spot ETF intended to track the price of BNB and list on Nasdaq after a 19b-4 approval. The firm also filed a separate Form S-1 earlier in the week to convert its existing Grayscale Near Trust, which trades on OTCQB under ticker GSNR, into a spot ETF managing about $900,000 in assets.

On 23 January 2026, Grayscale submitted an S-1 registration statement to the U.S. Securities and Exchange Commission seeking approval for a spot Binance Coin ETF that would trade on Nasdaq under the ticker GBNB. The proposed product plans to use Coinbase for brokerage and custody, may include in-kind creation and staking, and came after Grayscale registered a BNB trust in Delaware, while BNB’s price hovered around $898 with limited immediate market reaction.