Binance News: BNB Price Consolidation with Surging Trading Volume Ahead of Resistance Retest

Binance Coin (BNB) Price Prediction for March 25

In the last 24 hours, the price of BNB has been consolidating as sellers strongly defend a push above $640. Buyers are aiming for an upward correction as BNB price gains momentum for another retest of resistance at $640. Additionally, BNB’s trading volume has surged by 51% in the past 24 hours, reaching $2.06 billion. Looking at the bigger picture, BNB’s price has faced increasing downward volatility since the crash on February 3 but is now recovering with a bullish rally. In the last 24 hours, its market cap has surged by 1.5% to $90.97 billion. Currently, sellers have regained control, causing the price to remain stuck within a range.

Trump Launches USD1 Stablecoin Backed by US Treasuries and Dollar

Donald Trump has launched a new USD1 stablecoin, fully backed by short-term US government treasuries, USD deposits, and other cash equivalents. Each token is equivalent to one dollar. The stablecoin will be available on Ethereum and Binance Smart Chain, with plans for expansion to other blockchains. WLFI, the company behind USD1, has chosen BitGo for custody and liquidity services. Audits will be conducted by a third-party accounting firm, ensuring full transparency and verifying the reserves. WLFI aims to keep USD1 fixed at $1, giving people a stablecoin they can trust.