Binance received a landmark investment of 2 billion USD from MGX, marking the largest single investment in the crypto industry. This strategic move could enhance Binance’s position in the competitive landscape.

Trading at 559 USD, BNB has seen a 1% uptick in 24 hours. The price previously peaked at 750 USD but has dropped by 29%. Current patterns suggest a bullish trend, needing to overcome a 721 USD resistance to target 750 USD.