Binance’s BNB Token Expands Utility with Baanx Crypto Card Integration in UK, EU, and LATAM

Baanx, a leading cryptocurrency payment card provider partnered with Mastercard, Visa, and Circle, has announced the integration of BNB—the native token of BNB Chain—into its Crypto Life Card. This development marks a significant milestone for BNB, enabling users in the UK, EU, and LATAM to spend the token at over 100 million merchants worldwide. The move expands BNB's utility beyond trading and decentralized finance (DeFi), further solidifying its position in the mainstream financial ecosystem. While U.S. access is planned for a future release, this integration underscores the growing adoption of cryptocurrencies in everyday transactions. Initially launched as Binance Coin in 2017, BNB has evolved into a versatile digital asset with a wide range of use cases. The partnership with Baanx not only enhances BNB's accessibility but also aligns with Binance's vision of fostering cryptocurrency adoption globally. As of June 2025, this development is expected to drive further demand for BNB and reinforce its value proposition in the competitive crypto market.

Baanx Adds BNB Support on Its Crypto Card for UK, EU, LATAM

Baanx, a cryptocurrency payment card provider partnered with Mastercard, Visa, and Circle, now supports BNB—the native token of BNB Chain—on its crypto Life Card. This integration enables users in the UK, EU, and LATAM to spend BNB at over 100 million merchants globally, expanding the token's utility beyond trading and DeFi. U.S. access is slated for a future release.

BNB, initially launched as Binance Coin in 2017, has evolved into a top-tier crypto asset with a $90 billion market cap. The move follows recent institutional interest, including a reported $100 million hedge fund investment mirroring Bitcoin treasury strategies.

Over a Million Bitcoin Moved as Long-Term Holders Accumulate Amid Whale Exits

Bitcoin's brief surge above $106,000 last week masked a complex redistribution of holdings. While long-term investors absorbed over 1 million BTC between June 15-24 - one of the largest accumulation streaks since early 2023 - short-term whales exited with $228 million in realized losses.

The supply shift from speculative wallets to conviction-driven holders typically signals bullish cycle preparation. Yet price action told a different story, with BTC rejecting NEAR $108K and retreating to test $104K support.

Retail traders flooded Binance during June 20-23, creating a FOMO-driven local top. The simultaneous awakening of dormant wallets and institutional exits presents a paradox: strong underlying accumulation conflicting with immediate price resistance.