Binance Spot Market Sees Modest Activity for LayerZero (ZRO) Amid Bearish Technical Signals
LayerZero's ZRO token is currently trading at $1.74, showing a slight gain of 1.04%, but remains under pressure beneath declining moving averages. The MACD histogram readings at -0.0377 indicate persistent bearish momentum, with trading volume on Binance spot markets reaching $1.5 million over 24 hours—enough to maintain liquidity but not enough to drive a significant recovery. The lack of fundamental catalysts further dampens prospects for a near-term rebound.
LayerZero (ZRO) Struggles Below Key Technical Levels Amid Quiet Trading
LayerZero's ZRO token shows modest gains of 1.04% to $1.74, yet remains trapped beneath declining moving averages. The technical landscape reveals bearish momentum, with MACD histogram readings at -0.0377 suggesting continued downward pressure.
Trading volume on Binance spot markets reached $1.5 million over 24 hours—enough to sustain liquidity but insufficient to spark meaningful recovery. The absence of fundamental catalysts leaves ZRO vulnerable to broader market sentiment and technical patterns.
RSI readings hint at potential oversold conditions, though without confirmation from volume or price action. LayerZero's struggle to regain previous highs reflects persistent caution among investors following earlier declines.
MANTRA (OM) Faces Consolidation Near $0.25 as Bears Test Key Support Levels
MANTRA's OM token hovers at $0.25, marking a 3.54% daily decline amid neutral technical indicators. The absence of recent news catalysts leaves price action dependent on market sentiment and technical patterns.
Trading volume on Binance spot reaches $26.4 million, reflecting moderate interest without decisive directional momentum. The RSI at 49.43 suggests equilibrium between buyers and sellers, with traders monitoring the $0.22 support level for potential reversal signals.
Failure to hold above $0.26 resistance confirms the current consolidation phase. Market participants await either a breakdown toward support or sufficient accumulation for another upward push.
Tezos (XTZ) Faces Mixed Signals as Price Hovers at $0.76 Support Level
Tezos (XTZ) trades at $0.76, reflecting a 0.65% gain over the past 24 hours amid muted market activity. The absence of major news catalysts has left price action dependent on technical factors and broader sentiment.
Technical indicators paint a contradictory picture. While the long-term trend remains strongly bullish, bearish momentum emerges in the MACD. The daily RSI at 48.26 suggests neutral positioning, with traders awaiting clearer directional cues.
Key levels to watch include resistance at $1.23 and critical support at $0.64. Binance spot volume reached $1.8 million, indicating moderate participation as the market consolidates.
Bitcoin Whales Drive Market Panic as 7,000 BTC Flood Binance
August 2025 opens with Bitcoin in freefall, plunging below $115,000 as whale-dominated sell pressure triggers a market-wide capitulation. Over 7,000 BTC daily inflows to Binance—the highest since mid-July—signal accelerating liquidations. Short-term holders dumped 40,000 BTC at a loss within 24 hours, while institutional exits via US Bitcoin ETFs reached $812 million in a single day.
Exchange reserves now reflect extreme concentration: whales control 70% of recent deposits. The domino effect is unmistakable—retail traders mirror the panic, converting paper losses into realized ones. CryptoQuant data reveals a grim milestone: STH exchange transfers at peak loss levels since July’s liquidity crisis.
Forum sentiment echoes trading floors. 'Collective capitulation' dominates discussions as Bitcoin’s drop below $112,000 fractures retail confidence. This isn’t profit-taking—it’s a structural unwind. When whales MOVE and small hands follow, markets remember: liquidity begets volatility.
Binance Adjusts Collateral Ratios for Multiple Digital Assets
Binance is set to recalibrate collateral ratios for over a dozen assets under its portfolio margin system, with changes ranging from 10% to 40%. The adjustments will occur in two phases: the first batch on August 5, 2025, will see increased ratios for VIRTUAL, HYPER, BERA, HEI, BABY, and INIT. The second batch on August 8 will reduce ratios for DOT and OP, among others.
Collateral ratios determine loan-to-value thresholds for Leveraged positions. Binance will temporarily suspend trading for affected assets during the 30-minute update window. The move reflects evolving risk assessments amid market volatility.
Market makers are adjusting strategies accordingly, with altcoins facing higher collateral requirements likely to see reduced leveraged positions. The DOT reduction suggests Binance views Polkadot's ecosystem as increasingly stable.
BNB Hackathon Recognizes Innovative Blockchain Projects in August 2025
The BNB Hackathon's latest round has crowned nine winners and acknowledged 50 honorable mentions, spotlighting cutting-edge developments in AI, DeSoc, DeSci, and DePIN sectors. Evaluated between July 18 and July 28, the event underscores the relentless innovation within the blockchain ecosystem.
Chainsure, a Prize 2 winner in the DeSoc track, secured a $7,000 USDT reward and a $50,000 Kickstart Package. The project pioneers community-owned mutual insurance powered by smart contract governance. Other notable entries include Helix, an AI-driven trading agent for BNB Chain, and AI Chronicle, an autonomous news platform leveraging blockchain for verifiable transparency.
The hackathon reaffirms BNB Chain's role as a catalyst for decentralized solutions, with projects like Consent Wallet pushing boundaries in blockchain-based consent management.