Binance is exploring re-launching stock tokens on its platform, after delisting the product in 2021. Stock tokens are digital tokens representing publicly listed company stocks. Investors can buy fractional stocks on the blockchain that are held and settled in real time, without needing to purchase a whole share of Apple or Microsoft stock.
Binance launched its stock token service in April 2021, initially offering Tesla stock and later expanding to Coinbase, Tesla, Microsoft, and Apple stocks. This move attracted regulatory scrutiny, with the UK Financial Conduct Authority (FCA) and the German Federal Financial Supervisory Authority (BaFin) both questioning whether these tokens violated securities laws. In July 2021, Binance shut down the service.#加密市场观察 $AXS {spot}(AXSUSDT)
Trump's Crypto Riches Surge $1.4 Billion:- The net worth of the Trump family has escalated by some $1.4 billion in cryptos since President Donald Trump came back to power, according to a report by _Bloomberg_. This contributes about a fifth of the entire net worth of the family, estimated to be about $6.8 billion. This is owing to initiatives such as World Liberty Financial and the Official Trump memecoin. Strategy Makes Largest Bitcoin Acquisition in Over a Year Strategy made a purchase of 22,305 bitcoins worth $2.1 billion, the largest acquisition of bitcoins in a week for a period of over a year, increasing its cumulative stockholding above 700,000 bitcoins. The firm currently holds 709,715 bitcoins worth $64 billion, which is more than 3.3% of the fixed 21 million bitcoins circulation. OG Bitcoin Whale Spends $85 Million on BTC After 13-Year Inactivity A so-called OG Bitcoin whale spent about $85 million worth of BTC after remaining inactive for 13 years, according to on-chain analytics. The wallet built up its funds between December 2012 and April 2013 when the price of BTC ranged from 13 to 250 USD. Coinbase CEO to Discuss Market Structure BillCoinCoinbases CEO, Brian Armstrong, will further deliberations on the bill that would regulate the cryptocurrency market in the US during the World Economic Forum in Davos, Switzerland. Armstrong will hold meetings with banking CEOs to resolve some outstanding differences and ensure that the cryptocurrency world receives fair treatment relative to banks. US Strategic Bitcoin ReserveThe Treasury Secretary Scott Bessent again reiterated plans by the Trump administration to build and enhance the US strategic bitcoin reserve through seized funds. The Trump administration aims for the USA to be at the pinnacle of regulating cryptos in the world. #btc #bitcoin $BTC
Overview: The cryptocurrency market is currently facing a considerable plunge, with Bitcoin declining below $90,000 and Ethereum declining below $3,000. The market cap has come close to $3 trillion, and the trading volumes surpassed $125 billion, signifying growing bearish activity. Critical Elements – US Supreme Court Decision: The postponement in the Trump tariffs has retarded market optimism. - Global Tensions: Global tensions, such as the Trump administration's plans for Greenland, have affected financial markets, including the crypto market. - Shorts Accumulation: Traders have actually gone bearish, accumulating shorts, which might trigger a drop in prices. CoinMarketCap- Layer-1 Tokens: However, the market cap of the Layer-1 tokens is down by more than 4%, while the DeFi, Memes, AI sectors are all witnessing large losses. - Privacy Coins: Monero & Dash are down over 10% each. - Bitcoin Support Levels: The levels around $89,500 - $85,690 are absolutely critical support levels for the Bitcoin to hold, as breaking below these could cause yet another correction in the price. OutlookThe market mood has turned very bearish, with analysts and market participants anticipating a further descent. Global tensions and uncertainty regarding the-US Supreme Court ruling may continue to cause market volatility. #layer1 #memecoins #monero #dash #bitcoin $DASH
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{future}(XMRUSDT) $LAYER
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