BNB

Binance, Changpeng Zhao and Samuel Lim filed a motion Monday night asking the court for additional length in its response.

A U.S. bankruptcy court previously granted the crypto lender permission to sell its altcoin holdings for bitcoin and ether starting in July.

Funding rates in perpetual futures tied to BNB are most negative in nearly three months.

XRP's market capitalisation surged by more than 60% to $41.44 billion in the past 24 hours.

Binance General Counsel Han Ng, Chief Strategy Officer Patrick Hillmann, and Senior Vice President for Compliance Steven Christie are among those that left the company, reportedly over the exchange's handling of DOJ investigations.

The U.S. central bank now seems increasingly likely to suspend its more than year-long campaign of interest rate hikes. An analyst flags recessionary concerns in a note to CoinDesk.

Crypto traders on Twitter are citing data that suggests bitcoin has been traded to keep BNB afloat.

A spokesperson for Binance, which faces U.S. SEC allegations that include operating an unregistered exchange, said the Nigerian company is not affiliated with the firm.