Binance Co-Founder Changpeng Zhao has launched a billion-dollar investment fund through YZi Labs to support the growth of the Binance Blockchain ecosystem. The fund targets developers and long-term projects in sectors such as decentralized science (DeSci), artificial intelligence, decentralized finance (DeFi), trading and digitally represented assets.
Although the price of Binance-BNB fell 28% in a week to $1,299, activity on this blockchain remains strong. The value of daily transactions recently reached 26 million – the highest level since December 2023 – reflecting increased interaction between users and developers despite relative price stability.
Starting in October, the EASY and Most Valuable Builder programs will offer grants of up to $500,000 per project, and new Binance Blockchain participants will receive technical support and infrastructure resources.
Analysts believe the move represents a strategic response to growing competition among Layer 1 networks and highlights Binance’s efforts to maintain its leadership in an evolving decentralized finance landscape, as developed institutions have begun testing new financial models on the blockchain.
Kazakhstan strengthens its control over digital currencies
Kazakhstan’s Financial Supervision Agency (AFM) closed 130 unlicensed cryptocurrency exchanges and confiscated $16.7 million in illicit funds linked to money laundering. Authorities have tightened anti-money laundering (AML) rules, requiring users to complete identity verification procedures for transactions worth more than 500,000 tenge (the equivalent of $925).
Although the pace of implementation has seen a significant increase compared to last year, which saw the closure of only 36 platforms, Kazakhstan continues to support the legitimate use of digital currencies, launching a national Bitcoin fund, allowing payment of fees using stablecoins, and currently considering creating a state-backed crypto reserve.
This balanced approach highlights a key trend in emerging markets: tighter regulation that does not stifle innovation. For their part, investors view these approaches as constructive for market stability, which supports Bitcoin’s current price range around $124,000.
MetaMask Wallet Adds Hyperliquid Platform, Eyes Polymarket
MetaMask announced its integration with the Hyperliquid platform, allowing users to trade perpetual contracts directly from the wallet, improving decentralized trading and reducing reliance on centralized trading platforms such as OKX and Binance. Immediately after this announcement, the value of Hyperliquid-HYPE coin jumped by 2.4%.
Later this year, MetaMask plans to integrate Polymarket, a fast-growing forecasting platform with a market cap of $2 billion. These updates position MetaMask as a major hub for blockchain-based finance and may contribute to increased Bitcoin-related derivatives trading activity.
Technical Forecast for Bitcoin Price: Correction Amid Uptrend
Bitcoin price entered a phase of relative stability after reaching $126,300, and the 4-hour chart now shows a descending channel with resistance near $123,500 and Fibonacci support levels between $119,500 and $117,400.
However, momentum indicators remain neutral with the Relative Movement Strength Index (RSI) at 47, while the MACD shows a narrower gap between the averages, indicating an easing of selling pressure. Therefore, a break above $124,000 could lead to a retest of $126,300 and pave the way to $130,000, while a decline below $117,400 could lead to a test of $115,000.
This decline appears to represent a healthy correction in Bitcoin’s long-term ascending channel, and traders are monitoring the 0.5 and 0.618 Fibonacci retracement zones for signs of renewed strength as we enter the final quarter of this year.
Maxi Doge-MAXI: A combination of meme energy and adventurous spirit
Maxi Doge is considered one of the most important new meme currencies, combining the sense of humor and enthusiastic energy of trading enthusiasts. It was designed specifically for adventurous traders looking for opportunities to multiply their profits using up to 1,000x leverage, with a community culture centered around passion, ambition, caffeine and competitive spirit.
By simply owning a Maxi Doge, investors receive staking rewards, trading competitions, and the opportunity to participate in future events and partnerships. The smart contract has been audited by SolidProof and Coinsult, providing additional confidence in the programmatic security of the project.
On the other hand, subscription is seeing strong momentum after raising over $2.8 million, and the currency is currently sold at a token price of $0.000261, but this number will increase as subscription stages progress, making early entry an important milestone.
Coin owners receive benefits including:
- Mortgage rewards with variable annual yields (APY).
- Business competitions with prizes for rankings.
- Community events and future partnerships.
Maxi Doge can be purchased directly on the official website using Ethereum-ETH, Binance or Tether-USDT, in addition to the possibility of purchasing it with Visa and MasterCard.
لزيارة الموقع الرسمي لعملة ماكسي دوج (Maxi Doge) اضغط هنا
The article Bitcoin-BTC Price Forecast: $1 Billion from Binance Fund, MetaMask Wallet Updates and Strengthening Laws in Kazakhstan Reshape Market Scene appeared first on Cryptonews Arabic.
