$BNB-USD

Binance founder Changpeng Zhao commented on Hyperliquid, a decentralized exchange. He views it as a competitor but welcomes the competition, stating it's normal for some in the community to criticize centralized exchanges. Zhao believes the digital-asset industry is still early and growth could benefit all, including Binance Coin (BNB) and Bitcoin (BTC).

NFT sales rose 57.17% to $55.51M in the week ending Sep. 26, per CryptoSlam. Ethereum led with $30.33M in sales, up 113.52%. CryptoPunks ranked first among collections with $8.24M in sales. Bitcoin and Ethereum prices also increased, trading near $83,914 and $2,686, respectively. The total crypto market cap was near $2.97T, according to CoinGecko.

Binance Coin (BNB) nears $800 resistance as Binance expands ecosystem. Polygon (POL) faces short-term weakness but has strong fundamentals. BlockDAG (BDAG) offers 72-hour USDT buyback at $0.05, with price dropped to $0.000000005.

Bitget, a crypto exchange, lost $351.6 million in digital assets due to a hack, with North Korean hackers suspected. The breach affected hot and warm wallets, but cold wallets remained secure. The company suspended withdrawals and reported the incident to authorities. According to CEO Gracy Chen, the attacker compromised a backend system, but private keys were not involved. Bitget's User Protection Fund covers the loss, valued at over $464 million.

Cryptocurrencies rebounded on Friday due to easing bond yields, falling crude oil prices, and a weaker dollar. Bitcoin (BTC) rose 1.6% to $84,731.68, while Ethereum (ETH) gained 3% to $2,723.05. Aggregate crypto market cap increased 2.5% to $2.91 trillion. Several top cryptocurrencies saw significant gains, with Quant (QNT) up 36%. Bitcoin Spot ETF inflows declined to $191 million.

Ripple CEO Brad Garlinghouse proposed a long-term crypto investment strategy, suggesting investors buy and hold the top five cryptocurrencies by market cap: Bitcoin, Ethereum, Tether, BNB, and XRP. He cited trust, utility, speed, and liquidity as key factors for XRP's value, while also expressing a positive view on Solana. Garlinghouse clarified that his statements are not investment advice.

Bitget, a digital-asset exchange, reported a security incident affecting Ethereum (ETH), XRP, and other assets. Cold wallets were unaffected, and withdrawals will resume after safety confirmation. The attack method resembled North Korean hacking groups, according to the company. Bitget is cooperating with investigations and has not set a timeline for full withdrawal restoration.

Binance is under federal investigation for potential Iran sanctions violations, with prosecutors examining compliance controls. Binance denies wrongdoing and removed a company linked to Iran. BNB, the exchange's cryptocurrency, is up 7% since the probe was reported. Binance previously pleaded guilty to sanctions violations in 2023, paying $4.3 billion. The current investigation could impact BNB's utility and trading volume.

Bitcoin (BTC) dropped below $83k in 24 hours amid a bond market selloff and Fed rate hike fears. U.S. PMI data showed unexpected jumps in manufacturing and service sectors. Crypto market cap fell 2.6% to $2.84T. Bitcoin ETF inflows declined to $347M. Ethereum (ETH) also dropped 2.7%. Other cryptocurrencies like XRP and Zcash saw significant declines.

Bitcoin fell 2% to $83,900, while Dogecoin dropped 7% as Treasury yields rose to their highest level since 2007, driven by strong U.S. business activity and higher oil prices. Other cryptocurrencies like Zcash, XRP, and Hyperliquid also declined 5% to 6%.