Binance News: BNB Price Surges Toward $600 Amid Market Recovery and False Rumors

Binance Coin (BNB) Price Prediction for March 14

In the last 24 hours, BNB’s price surged toward $600 but faced rejection from bears. Trading volume increased by 23.6% to $2.31 billion. Despite facing downward volatility since February 3, BNB is recovering. Its market cap surged by 0.1% to $82.5 billion. BNB’s price temporarily jumped past $600 due to a false Wall Street Journal report claiming the Trump family was considering buying into Binance’s U.S. branch.

Crypto.com Acquires License to Offer Derivatives in the United Arab Emirates

Crypto.com has acquired a limited license from Dubai’s Virtual Asset Regulatory Authority to offer derivatives in the UAE. The new issuance extends the provisions of its existing VASP license to operate in the region. The crypto trading platform noted that its new services will be first available to eligible institutions globally, with qualified investors to follow later. Additionally, the license will allow all retail users to access USD fiat rails to deposit and withdraw USD from their Crypto.com account through Standard Chartered.