This article was first published on The Bit Journal. The BNB price forecast for December now depends on a key struggle between a possible recovery and strong resistance near the crucial $1,000 level. $BNB has moved slightly higher after holding an important support zone. It is now trading around $905.03. However, analysts caution that several resistance areas, including $950 and the psychological $1,000 mark, could limit further gains. Market trends, liquidation levels, and weak on-chain activity are all influencing $BNB’s short-term movement. What Is BNB and Why Does It Matter? $BNB is the main utility token used within the Binance ecosystem. It is used for trading fee discounts, paying transaction fees on the BNB Chain, joining token launches, and making payments across a growing number of blockchain services. Over time, $BNB has grown beyond just an exchange token and is now a key asset for decentralized apps, DeFi platforms, and cross-chain systems. Because of this wide use, the BNB price forecast often reflects both overall crypto market sentiment and investor confidence in the Binance platform. Why Did BNB Fall Below the $1,000 Mark? $BNB recently moved below the important $1,000 psychological level as weaker onchain activity and falling DEX volume reduced buying demand. A lower stablecoin supply across the network also tightened liquidity and added to the downside pressure. BNB Price Forecast: Can Binance Coin Reclaim $1,000 This December? 3 At the same time, changes in Binance’s leadership point to a shift away from aggressive growth toward a more balanced operating strategy. While this could help the platform over time, the short-term impact on the market remains unclear. Adding to the cautious mood is the ongoing North Dakota lawsuit against Binance. Analysts believe this legal pressure could weigh on both the exchange’s outlook and the BNB price forecast in the near term. How Important Is the $827 Support Level? $BNB recently tested the $827 level, which had earlier acted as strong demand during August and September. Once again, that area held steady. Buyers stepped in at that point and stopped the price from falling further. From a technical view, holding above $827 has given the market some short-term relief. Analysts see this level as a possible base for a temporary recovery. Still, the overall structure on the daily chart remains bearish, keeping pressure on the BNB price forecast despite the recent bounce. Is $BNB showing early signs of a technical rebound? Not quite, but there was an important technical development. $BNB is trading around $905.03, down 0.62% over the past 24 hours and lower by 4.38% over the past month. On the one-day chart, the token broke above a lower high at $906.5 on Wednesday, December 3. This move shifted the internal market structure to a short-term bullish bias, even though the broader trend remains bearish. To the upside, the $950 zone stands out as a major obstacle. This level served as a key trading battleground in November and is expected to offer stiff resistance again. Many analysts believe any move into this region will face heavy selling pressure, limiting upside in the current BNB price forecast. Metric Value Current Price $905.03 Key Support $827 Primary Resistance $950 Psychological Barrier $1,000 Uptrend Confirmation $1,019 Liquidation Cluster $910-$920 Technical Break $906.5 Indicators DMI (ADX/-DI >20), CMF neutral What Do the Technical Indicators Reveal? The Directional Movement Index continues to point to a strong bearish trend for $BNB, with both the ADX and the negative directional indicator staying above the 20 level. This shows that selling pressure still dominates the broader market trend. At the same time, the Chaikin Money Flow indicator has remained close to neutral. This suggests that steady capital inflows have not yet returned. In simple terms, buyers are still hesitant even after the recent price bounce. Low trading volume adds to this cautious outlook. It supports the view that the current move is more of a short-lived recovery rather than the start of a fresh bullish phase. For traders following the BNB price forecast, these signals suggest that caution is still warranted. Why Is the Liquidation Map Drawing Attention? Liquidation data is adding another important layer to the short-term outlook for $BNB. A large cluster of high-leverage liquidation levels is positioned between the $910 and $920 range. This makes the zone a likely near-term target as the price moves in search of liquidity. Above that, the $950 level also holds a noticeable build-up of leveraged positions. What stands out is that short liquidations are both closer to the current price and larger in size than long liquidations. This imbalance suggests that $BNB could move higher in the short term to force short sellers out of their positions before the broader downtrend resumes. This setup remains a key factor shaping near-term expectations within the BNB price forecast. What Would Confirm a True Trend Reversal? For bullish traders, the key level to watch is $1,000. This is not only a round number but also a major psychological barrier. Analysts widely agree that only a daily close above $1,000 would signal true market acceptance at higher levels. Beyond that, $1,019 stands out as an important swing high from November. A clear break above this level would be needed to confirm a fresh uptrend. Until both of these levels are crossed, any recovery is likely to be seen as a temporary bounce rather than the start of a lasting bullish phase in the BNB price forecast. Are Traders Preparing for a Short Squeeze? Market analysts believe the broader bearish trend still remains in place. The lack of strong buying pressure, confirmed by the CMF and muted trading volume, supports the view that the current rally is corrective rather than the start of a new uptrend. BNB Price Forecast: Can Binance Coin Reclaim $1,000 This December? 4 They note that any move toward the $950 to $1,000 range could present short-selling opportunities instead of signaling a confirmed breakout. With liquidation clusters building above current levels, traders appear to be preparing for a possible short squeeze before the wider downtrend continues. For short-term participants, careful risk management remains essential under the current BNB price forecast. Conclusion  The BNB price forecast remains under pressure in the near term as $BNB continues to face a tough recovery path. The token slipped below the $1,000 level after on-chain activity, DEX volume, and stablecoin supply weakened across the network.  Although the defense of the $827 support zone has opened the door to a rebound attempt, the path higher remains crowded with resistance. A push toward $950 and possibly into the $910 to $920 liquidity zone appears likely, especially given the imbalance in leveraged short positions. However, without strong buying demand and a clear breakout above both $1,000 and $1,019, the broader bearish bias remains in place. For now, the BNB price forecast points to a recovery that is possible but difficult.  Sustained demand will be the deciding factor. Until that happens, traders are expected to remain cautious and defensive as December unfolds. Glossary  On-Chain Activity: Every transaction logged right on the blockchain.​ Liquidation Cluster: Price spots where tons of leveraged bets auto-close.​ DEX Volume: Total trades buzzing on decentralized exchanges.​ Short Squeeze: Fast price jump that makes short sellers rush to buy back.​ Psychological Level: Round prices like $1,000 that everyone watches closely. Frequently Asked Questions About BNB Price Forecast Why does BNB matter? BNB is used widely in Binance, DeFi, and cross-chain apps, so its price reflects overall crypto market trends. Why did BNB fall below $1,000? BNB fell below $1,000 because trading activity dropped, on-chain activity was weak, and stablecoin supply decreased. Is BNB bullish now? BNB is not fully bullish yet; it shows a small short-term rise, but the main trend is still downward. What are the main resistance levels for BNB? The main resistance levels are $950 and $1,000, where selling pressure could slow or reverse price gains. What level would confirm a true uptrend? A daily close above $1,000 and then above $1,019 would signal a confirmed uptrend for BNB. Sources AMBCrypto CoinMarketCap Read More: BNB Price Forecast: Can Binance Coin Reclaim $1,000 This December?">BNB Price Forecast: Can Binance Coin Reclaim $1,000 This December?This article was first published on The Bit Journal. The BNB price forecast for December now depends on a key struggle between a possible recovery and strong resistance near the crucial $1,000 level. $BNB has moved slightly higher after holding an important support zone. It is now trading around $905.03. However, analysts caution that several resistance areas, including $950 and the psychological $1,000 mark, could limit further gains. Market trends, liquidation levels, and weak on-chain activity are all influencing $BNB’s short-term movement. What Is BNB and Why Does It Matter? $BNB is the main utility token used within the Binance ecosystem. It is used for trading fee discounts, paying transaction fees on the BNB Chain, joining token launches, and making payments across a growing number of blockchain services. Over time, $BNB has grown beyond just an exchange token and is now a key asset for decentralized apps, DeFi platforms, and cross-chain systems. Because of this wide use, the BNB price forecast often reflects both overall crypto market sentiment and investor confidence in the Binance platform. Why Did BNB Fall Below the $1,000 Mark? $BNB recently moved below the important $1,000 psychological level as weaker onchain activity and falling DEX volume reduced buying demand. A lower stablecoin supply across the network also tightened liquidity and added to the downside pressure. BNB Price Forecast: Can Binance Coin Reclaim $1,000 This December? 3 At the same time, changes in Binance’s leadership point to a shift away from aggressive growth toward a more balanced operating strategy. While this could help the platform over time, the short-term impact on the market remains unclear. Adding to the cautious mood is the ongoing North Dakota lawsuit against Binance. Analysts believe this legal pressure could weigh on both the exchange’s outlook and the BNB price forecast in the near term. How Important Is the $827 Support Level? $BNB recently tested the $827 level, which had earlier acted as strong demand during August and September. Once again, that area held steady. Buyers stepped in at that point and stopped the price from falling further. From a technical view, holding above $827 has given the market some short-term relief. Analysts see this level as a possible base for a temporary recovery. Still, the overall structure on the daily chart remains bearish, keeping pressure on the BNB price forecast despite the recent bounce. Is $BNB showing early signs of a technical rebound? Not quite, but there was an important technical development. $BNB is trading around $905.03, down 0.62% over the past 24 hours and lower by 4.38% over the past month. On the one-day chart, the token broke above a lower high at $906.5 on Wednesday, December 3. This move shifted the internal market structure to a short-term bullish bias, even though the broader trend remains bearish. To the upside, the $950 zone stands out as a major obstacle. This level served as a key trading battleground in November and is expected to offer stiff resistance again. Many analysts believe any move into this region will face heavy selling pressure, limiting upside in the current BNB price forecast. Metric Value Current Price $905.03 Key Support $827 Primary Resistance $950 Psychological Barrier $1,000 Uptrend Confirmation $1,019 Liquidation Cluster $910-$920 Technical Break $906.5 Indicators DMI (ADX/-DI >20), CMF neutral What Do the Technical Indicators Reveal? The Directional Movement Index continues to point to a strong bearish trend for $BNB, with both the ADX and the negative directional indicator staying above the 20 level. This shows that selling pressure still dominates the broader market trend. At the same time, the Chaikin Money Flow indicator has remained close to neutral. This suggests that steady capital inflows have not yet returned. In simple terms, buyers are still hesitant even after the recent price bounce. Low trading volume adds to this cautious outlook. It supports the view that the current move is more of a short-lived recovery rather than the start of a fresh bullish phase. For traders following the BNB price forecast, these signals suggest that caution is still warranted. Why Is the Liquidation Map Drawing Attention? Liquidation data is adding another important layer to the short-term outlook for $BNB. A large cluster of high-leverage liquidation levels is positioned between the $910 and $920 range. This makes the zone a likely near-term target as the price moves in search of liquidity. Above that, the $950 level also holds a noticeable build-up of leveraged positions. What stands out is that short liquidations are both closer to the current price and larger in size than long liquidations. This imbalance suggests that $BNB could move higher in the short term to force short sellers out of their positions before the broader downtrend resumes. This setup remains a key factor shaping near-term expectations within the BNB price forecast. What Would Confirm a True Trend Reversal? For bullish traders, the key level to watch is $1,000. This is not only a round number but also a major psychological barrier. Analysts widely agree that only a daily close above $1,000 would signal true market acceptance at higher levels. Beyond that, $1,019 stands out as an important swing high from November. A clear break above this level would be needed to confirm a fresh uptrend. Until both of these levels are crossed, any recovery is likely to be seen as a temporary bounce rather than the start of a lasting bullish phase in the BNB price forecast. Are Traders Preparing for a Short Squeeze? Market analysts believe the broader bearish trend still remains in place. The lack of strong buying pressure, confirmed by the CMF and muted trading volume, supports the view that the current rally is corrective rather than the start of a new uptrend. BNB Price Forecast: Can Binance Coin Reclaim $1,000 This December? 4 They note that any move toward the $950 to $1,000 range could present short-selling opportunities instead of signaling a confirmed breakout. With liquidation clusters building above current levels, traders appear to be preparing for a possible short squeeze before the wider downtrend continues. For short-term participants, careful risk management remains essential under the current BNB price forecast. Conclusion  The BNB price forecast remains under pressure in the near term as $BNB continues to face a tough recovery path. The token slipped below the $1,000 level after on-chain activity, DEX volume, and stablecoin supply weakened across the network.  Although the defense of the $827 support zone has opened the door to a rebound attempt, the path higher remains crowded with resistance. A push toward $950 and possibly into the $910 to $920 liquidity zone appears likely, especially given the imbalance in leveraged short positions. However, without strong buying demand and a clear breakout above both $1,000 and $1,019, the broader bearish bias remains in place. For now, the BNB price forecast points to a recovery that is possible but difficult.  Sustained demand will be the deciding factor. Until that happens, traders are expected to remain cautious and defensive as December unfolds. Glossary  On-Chain Activity: Every transaction logged right on the blockchain.​ Liquidation Cluster: Price spots where tons of leveraged bets auto-close.​ DEX Volume: Total trades buzzing on decentralized exchanges.​ Short Squeeze: Fast price jump that makes short sellers rush to buy back.​ Psychological Level: Round prices like $1,000 that everyone watches closely. Frequently Asked Questions About BNB Price Forecast Why does BNB matter? BNB is used widely in Binance, DeFi, and cross-chain apps, so its price reflects overall crypto market trends. Why did BNB fall below $1,000? BNB fell below $1,000 because trading activity dropped, on-chain activity was weak, and stablecoin supply decreased. Is BNB bullish now? BNB is not fully bullish yet; it shows a small short-term rise, but the main trend is still downward. What are the main resistance levels for BNB? The main resistance levels are $950 and $1,000, where selling pressure could slow or reverse price gains. What level would confirm a true uptrend? A daily close above $1,000 and then above $1,019 would signal a confirmed uptrend for BNB. Sources AMBCrypto CoinMarketCap Read More: BNB Price Forecast: Can Binance Coin Reclaim $1,000 This December?">BNB Price Forecast: Can Binance Coin Reclaim $1,000 This December?

BNB Price Forecast: Can Binance Coin Reclaim $1,000 This December?

2025/12/06 01:00
7 min di lettura
Per feedback o dubbi su questo contenuto, contattateci all'indirizzo crypto.news@mexc.com.

This article was first published on The Bit Journal.

The BNB price forecast for December now depends on a key struggle between a possible recovery and strong resistance near the crucial $1,000 level. $BNB has moved slightly higher after holding an important support zone.

It is now trading around $905.03. However, analysts caution that several resistance areas, including $950 and the psychological $1,000 mark, could limit further gains. Market trends, liquidation levels, and weak on-chain activity are all influencing $BNB’s short-term movement.

What Is BNB and Why Does It Matter?

$BNB is the main utility token used within the Binance ecosystem. It is used for trading fee discounts, paying transaction fees on the BNB Chain, joining token launches, and making payments across a growing number of blockchain services.

Over time, $BNB has grown beyond just an exchange token and is now a key asset for decentralized apps, DeFi platforms, and cross-chain systems. Because of this wide use, the BNB price forecast often reflects both overall crypto market sentiment and investor confidence in the Binance platform.

Why Did BNB Fall Below the $1,000 Mark?

$BNB recently moved below the important $1,000 psychological level as weaker onchain activity and falling DEX volume reduced buying demand. A lower stablecoin supply across the network also tightened liquidity and added to the downside pressure.

BNB Price ChartBNB Price Forecast: Can Binance Coin Reclaim $1,000 This December? 3

At the same time, changes in Binance’s leadership point to a shift away from aggressive growth toward a more balanced operating strategy. While this could help the platform over time, the short-term impact on the market remains unclear.

Adding to the cautious mood is the ongoing North Dakota lawsuit against Binance. Analysts believe this legal pressure could weigh on both the exchange’s outlook and the BNB price forecast in the near term.

How Important Is the $827 Support Level?

$BNB recently tested the $827 level, which had earlier acted as strong demand during August and September. Once again, that area held steady. Buyers stepped in at that point and stopped the price from falling further.

From a technical view, holding above $827 has given the market some short-term relief. Analysts see this level as a possible base for a temporary recovery. Still, the overall structure on the daily chart remains bearish, keeping pressure on the BNB price forecast despite the recent bounce.

Is $BNB showing early signs of a technical rebound?

Not quite, but there was an important technical development. $BNB is trading around $905.03, down 0.62% over the past 24 hours and lower by 4.38% over the past month. On the one-day chart, the token broke above a lower high at $906.5 on Wednesday, December 3.

This move shifted the internal market structure to a short-term bullish bias, even though the broader trend remains bearish. To the upside, the $950 zone stands out as a major obstacle.

This level served as a key trading battleground in November and is expected to offer stiff resistance again. Many analysts believe any move into this region will face heavy selling pressure, limiting upside in the current BNB price forecast.

Metric Value
Current Price $905.03
Key Support $827
Primary Resistance $950
Psychological Barrier $1,000
Uptrend Confirmation $1,019
Liquidation Cluster $910-$920
Technical Break $906.5
Indicators DMI (ADX/-DI >20), CMF neutral

What Do the Technical Indicators Reveal?

The Directional Movement Index continues to point to a strong bearish trend for $BNB, with both the ADX and the negative directional indicator staying above the 20 level. This shows that selling pressure still dominates the broader market trend.

At the same time, the Chaikin Money Flow indicator has remained close to neutral. This suggests that steady capital inflows have not yet returned. In simple terms, buyers are still hesitant even after the recent price bounce.

Low trading volume adds to this cautious outlook. It supports the view that the current move is more of a short-lived recovery rather than the start of a fresh bullish phase. For traders following the BNB price forecast, these signals suggest that caution is still warranted.

Why Is the Liquidation Map Drawing Attention?

Liquidation data is adding another important layer to the short-term outlook for $BNB. A large cluster of high-leverage liquidation levels is positioned between the $910 and $920 range. This makes the zone a likely near-term target as the price moves in search of liquidity.

Above that, the $950 level also holds a noticeable build-up of leveraged positions. What stands out is that short liquidations are both closer to the current price and larger in size than long liquidations.

This imbalance suggests that $BNB could move higher in the short term to force short sellers out of their positions before the broader downtrend resumes. This setup remains a key factor shaping near-term expectations within the BNB price forecast.

What Would Confirm a True Trend Reversal?

For bullish traders, the key level to watch is $1,000. This is not only a round number but also a major psychological barrier. Analysts widely agree that only a daily close above $1,000 would signal true market acceptance at higher levels.

Beyond that, $1,019 stands out as an important swing high from November. A clear break above this level would be needed to confirm a fresh uptrend. Until both of these levels are crossed, any recovery is likely to be seen as a temporary bounce rather than the start of a lasting bullish phase in the BNB price forecast.

Are Traders Preparing for a Short Squeeze?

Market analysts believe the broader bearish trend still remains in place. The lack of strong buying pressure, confirmed by the CMF and muted trading volume, supports the view that the current rally is corrective rather than the start of a new uptrend.

BNB Price ForecastBNB Price Forecast: Can Binance Coin Reclaim $1,000 This December? 4

They note that any move toward the $950 to $1,000 range could present short-selling opportunities instead of signaling a confirmed breakout. With liquidation clusters building above current levels, traders appear to be preparing for a possible short squeeze before the wider downtrend continues.

For short-term participants, careful risk management remains essential under the current BNB price forecast.

Conclusion 

The BNB price forecast remains under pressure in the near term as $BNB continues to face a tough recovery path. The token slipped below the $1,000 level after on-chain activity, DEX volume, and stablecoin supply weakened across the network. 

Although the defense of the $827 support zone has opened the door to a rebound attempt, the path higher remains crowded with resistance. A push toward $950 and possibly into the $910 to $920 liquidity zone appears likely, especially given the imbalance in leveraged short positions.

However, without strong buying demand and a clear breakout above both $1,000 and $1,019, the broader bearish bias remains in place. For now, the BNB price forecast points to a recovery that is possible but difficult. 

Sustained demand will be the deciding factor. Until that happens, traders are expected to remain cautious and defensive as December unfolds.

Glossary 

On-Chain Activity: Every transaction logged right on the blockchain.​

Liquidation Cluster: Price spots where tons of leveraged bets auto-close.​

DEX Volume: Total trades buzzing on decentralized exchanges.​

Short Squeeze: Fast price jump that makes short sellers rush to buy back.​

Psychological Level: Round prices like $1,000 that everyone watches closely.

Frequently Asked Questions About BNB Price Forecast

Why does BNB matter?

BNB is used widely in Binance, DeFi, and cross-chain apps, so its price reflects overall crypto market trends.

Why did BNB fall below $1,000?

BNB fell below $1,000 because trading activity dropped, on-chain activity was weak, and stablecoin supply decreased.

Is BNB bullish now?

BNB is not fully bullish yet; it shows a small short-term rise, but the main trend is still downward.

What are the main resistance levels for BNB?

The main resistance levels are $950 and $1,000, where selling pressure could slow or reverse price gains.

What level would confirm a true uptrend?

A daily close above $1,000 and then above $1,019 would signal a confirmed uptrend for BNB.

Sources

AMBCrypto

CoinMarketCap

Read More: BNB Price Forecast: Can Binance Coin Reclaim $1,000 This December?">BNB Price Forecast: Can Binance Coin Reclaim $1,000 This December?

Opportunità di mercato
Logo Binance Coin
Valore Binance Coin (BNB)
$610.95
$610.95$610.95
-2.53%
USD
Grafico dei prezzi in tempo reale di Binance Coin (BNB)
Disclaimer: gli articoli ripubblicati su questo sito provengono da piattaforme pubbliche e sono forniti esclusivamente a scopo informativo. Non riflettono necessariamente le opinioni di MEXC. Tutti i diritti rimangono agli autori originali. Se ritieni che un contenuto violi i diritti di terze parti, contatta crypto.news@mexc.com per la rimozione. MEXC non fornisce alcuna garanzia in merito all'accuratezza, completezza o tempestività del contenuto e non è responsabile per eventuali azioni intraprese sulla base delle informazioni fornite. Il contenuto non costituisce consulenza finanziaria, legale o professionale di altro tipo, né deve essere considerato una raccomandazione o un'approvazione da parte di MEXC.

Potrebbe anche piacerti

U.S. Moves Grip on Crypto Regulation Intensifies

U.S. Moves Grip on Crypto Regulation Intensifies

The post U.S. Moves Grip on Crypto Regulation Intensifies appeared on BitcoinEthereumNews.com. The United States is contending with the intricacies of cryptocurrency regulation as newly enacted legislation stirs debate over centralized versus decentralized finance. The recent passage of the GENIUS Act under Bo Hines’ leadership is perceived to skew favor towards centralized entities, potentially disadvantaging decentralized innovations. Continue Reading:U.S. Moves Grip on Crypto Regulation Intensifies Source: https://en.bitcoinhaber.net/u-s-moves-grip-on-crypto-regulation-intensifies
Condividi
BitcoinEthereumNews2025/09/18 01:09
TradFi Giant Deutsche Börse Taps Circle for Major European Stablecoin Push

TradFi Giant Deutsche Börse Taps Circle for Major European Stablecoin Push

Deutsche Börse Group has signed a Memorandum of Understanding (MoU) with Circle Internet Financial to integrate regulated stablecoins into European capital markets. According to the announcement, the collaboration will focus on Circle’s USDC and EURC, connecting token-based payment networks with traditional financial infrastructure. The partnership marks the first time a major European market infrastructure provider has formally teamed up with a global stablecoin issuer. Both parties said the initiative represents a milestone for regulated digital finance in Europe, made possible by the EU’s Markets in Crypto-Assets Regulation (MiCA), the bloc’s new comprehensive framework for digital assets. Partnership Bridges Traditional Finance and Crypto Settlement in Europe Under the agreement, the initial rollout will take place through Deutsche Börse’s subsidiaries. Trading will be facilitated on 360T’s digital exchange, 3DX, and through the institutional crypto provider Crypto Finance. Custody services will be provided via Clearstream, Deutsche Börse’s post-trade business, with Crypto Finance’s German entity serving as sub-custodian. Jeremy Allaire, Circle’s co-founder and CEO, said the collaboration would reduce settlement risk, lower costs, and improve efficiency across banks, asset managers, and other market participants. “As clear rules take hold across Europe, aligning our regulated stablecoins, EURC and USDC, with trusted venues will unlock new products and streamline workflows across trading, settlement, and custody,” Allaire said. Executives at Deutsche Börse noted the potential of stablecoins to reshape European finance. Stephanie Eckermann, who oversees post-trading at the group, said the deal advances the company’s ambition to digitize securities issuance and post-trade processes. Thomas Book, who is responsible for trading and clearing, added that the partnership positions Deutsche Börse to bridge traditional and digital markets by providing an integrated value chain across execution, settlement, and custody. The agreement follows Circle’s regulatory breakthrough earlier this year. On July 1, Circle became the first global stablecoin issuer to secure an Electronic Money Institution (EMI) license under MiCA, issued by French regulators. The license allows the company to issue both USDC and EURC across the European Union. Circle described the approval as a major milestone for mainstream adoption, noting that MiCA sets the conditions for long-term growth in digital finance by ensuring stablecoin issuers meet strict consumer protection and reserve requirements. The MiCA framework, passed by the European Parliament in April 2023, has been gradually implemented since June. Circle’s head of policy, Dante Disparte, said the regulation closes the door on unregulated operations, while Allaire noted that it legitimizes the sector after years of skepticism from mainstream finance. European Banking Giants Form Consortium for Euro Stablecoin Amid Deutsche Börse Group’s efforts, nine of Europe’s largest lenders are joining forces to launch a euro-backed stablecoin in the second half of 2026, seeking to challenge the dominance of U.S. dollar-pegged tokens. The consortium, which includes ING, UniCredit, CaixaBank, Danske Bank, KBC, DekaBank, SEB, Raiffeisen Bank International, and Italy’s Banca Sella, has set up a new company in the Netherlands to oversee the project. It plans to seek a license from the Dutch Central Bank as an e-money institution under the European Union’s MiCA framework. According to a joint statement, the stablecoin will provide near-instant cross-border payments, lower transaction costs, and round-the-clock access to settlements. “This development requires an industry-wide approach, and it’s imperative that banks adopt the same standards,” said Floris Lugt, digital assets lead at ING. The move shows growing European efforts to reduce reliance on dollar-based stablecoins, which currently account for 99% of global supply.Source: ECB Euro-pegged tokens remain a small fraction of the market, with less than €350 million in circulation, European Central Bank (ECB) data shows. The initiative comes as the ECB advances its digital euro project, with Executive Board member Piero Cipollone suggesting a rollout could happen by mid-2029. EU lawmakers are expected to weigh in on the legal framework later this year. Together, the bank-led stablecoin and the ECB’s digital euro mark Europe’s bid to secure greater autonomy in digital payments and limit the influence of non-EU issuers in the region’s financial system
Condividi
CryptoNews2025/10/01 01:51
Smart investors earn $6,875 daily on ProfitableMining, the leading cloud mining platform.

Smart investors earn $6,875 daily on ProfitableMining, the leading cloud mining platform.

In the volatile cryptocurrency market, price fluctuations are becoming increasingly severe. Simply holding onto your coins and waiting for them to rise is no longer a safe strategy. More and more experienced investors are turning to a more stable approach—ProfitableMining cloud mining, with becoming their preferred platform. They aren’t waiting for market fluctuations; they’re generating […]
Condividi
Cryptopolitan2025/09/18 01:00