The world's largest derivatives exchange, CME Group, officially announced today that it will launch BNB futures contracts on February 24, making it the third cryptocurrency to enter the regulated market on Wall Street after BTC and ETH. Bloomberg commented that this marks BNB's complete departure from past regulatory shadows, being regarded as 'a type of asset' by the traditional financial sector.
Goldman Sachs has just released a report stating that it will be preparing to offer BNB derivative trading services for institutional clients. Encouraged by this news, the BNB price has broken through the $640 resistance level. Unlike the Coinbase International launch in 2024, CME represents a true entry of traditional capital. The strategy recommendation is to 'Go Aggressive Long', optimistic about its valuation aligning with ETH, with a short-term target of $700.
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