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- Binance alerts Venezuelan users to rising fake news about a supposed U.S.-ordered shutdown affecting crypto operations.
- Crypto expert Aníbal Garrido warns misinformation is distorting market sentiment and investor behavior in Venezuela’s digital asset sector.
In recent days, several messages on social media have circulated rumors about a possible closure of Binance in Venezuela, alleging that the measure would come from the U.S. Department of the Treasury. The company quickly responded through its official Telegram channel, urging users to disregard false information and verify content exclusively through verified communication channels.
“Fake messages are circulating in Venezuela spreading misinformation. Remain cautious. Binance communicates only through official channels or direct notifications to users,” stated the exchange.
The company reiterated that it never requests passwords, private keys, or authentication codes through Telegram, X, or any other platform.
The warning seeks to contain a growing wave of misinformation affecting the crypto sector in the country. Local analyst Aníbal Garrido, founder of BTC Techno, had already highlighted the increase in false news related to digital assets, calling for users to apply the principle of “don’t trust, verify.”
The clarification from Binance comes at a delicate moment for Venezuelan users. Cryptocurrencies, particularly USDT (Tether), have become an essential tool for payments and savings in an economy marked by high inflation and limited cash availability. Binance’s peer-to-peer market serves as a central channel for currency exchange, with prices ranging between 304,700 and 318,489 bolívares per dollar, compared to the 205.67 bolívares set by the Central Bank.
Although the company did not address potential regulatory pressure, its message underscores the need for caution among users in a market where speculation spreads rapidly. By emphasizing official communication and user protection, Binance in Venezuela seeks to maintain trust in a financial environment where misinformation can have direct consequences on trading behavior and liquidity flows.
BNB Chain’s network activity reached an all-time high of 3.6 million active addresses, reflecting consistent ecosystem growth. Meanwhile, Binance re-entered the South Korean market through its acquisition of GOPAX, signaling a strategic return to Asia.
Despite positive momentum, regulatory in France and Binance’s ban on over 600 accounts for unauthorized tool usage introduce short-term uncertainty. However, analysts anticipate that the ongoing U.S. quantitative easing cycle could renew risk-on sentiment, benefiting assets like BNB, ETH, and SOL during Q4 2025.
In the short term, BNB may correct toward the $1,050–$1,000 support zone, providing a potential accumulation range before a recovery attempt. The mid-term outlook remains constructive, with projected targets around $1,300–$1,400 by Q1 2026.
From a long-term perspective (2025–2027), market cycle modeling indicates possible expansion phases that could push BNB toward the $5,000–$7,000 range, mirroring historical cycle patterns seen in prior bull markets.
