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#Binance Bitcoin Exchange Binance Announces It Will Support This Altcoin’s Network Upgrade and Hard Fork Process! Here Are the Details
Cryptocurrency exchange Binance has announced a temporary adjustment to user transactions as part of a planned network upgrade and hard fork process on its Injective ($INJ) network.
According to a statement from the exchange, token deposits and withdrawals on the Injective network will be temporarily suspended to ensure the smooth support of the network upgrade and to protect the user experience.
According to information shared by Binance, deposit and withdrawal operations for tokens on the Injective ($INJ) network will be temporarily suspended starting July 2, 2026, at 4:00 PM. The exchange stated that this step was taken to securely manage the technical requirements of the planned network upgrade and hard fork process.
The announcement stated that the upgrade and hard fork on the Injective network is expected to occur at block height 172,502,000, approximately at 5:00 PM on July 2, 2026. Binance emphasized that it will handle all necessary technical operations on behalf of users throughout the process, therefore users do not need to take any additional action.
On the other hand, the exchange specifically stated that trading of tokens on the network in question would not be affected by this process. This means users will be able to continue conducting spot or other eligible market transactions related to Injective through the Binance platform.
Binance announced that deposits and withdrawals will be reopened after the network upgrade is complete and the updated network is verified to be stable. The company also noted that no new announcement will be made at this stage, and services will be reactivated immediately.
In the cryptocurrency market, it’s common practice for exchanges to temporarily suspend deposit and withdrawal transactions during network upgrades and hard forks to ensure the security of user assets.Binance1B$inStocks#BTC #Write2Earn #bnb $BNB $BTC
#ETH Ethereum Posts Historic Third Straight Losing Quarter as Bear Market Deepens
Ethereum accumulates three consecutive quarters closing in negative territory for the first time in the digital asset’s history. The cryptocurrency’s current price hovers around $1,560, registering a 70% drop from its all-time high close to $5,000. Large-scale investors sold approximately $900 million of the asset over the course of a single week. The second-largest cryptocurrency in the market has fallen victim to the prolonged bear market; as the second quarter closed, Ethereum ended in the red. In this way, the asset records an adverse milestone, accumulating three consecutive quarterly periods of losses—an unprecedented sequence in the financial trajectory of this digital asset.
Since reaching its all-time high of nearly $5,000 in August 2025, the price of the cryptocurrency has maintained a steady downward trajectory. Data from CoinGecko reveals that the asset is now trading around $1,560, representing a 70% contraction from its peak price. Current macroeconomic conditions and certain seasonal factors suggest that the crypto-asset could experience additional short-term volatility.
Historically, the month of July does not usually favor the platform’s performance, having concluded downwards in six of the last ten years. Technical projections and investor behavior Technical opinions among market analysts diverge regarding the depth that the current price correction could reach. An analysis shared by the technical specialist known on X as Ted points out that, although the coin has shown greater resilience than Bitcoin recently, the risk scenario remains active. From this analyst’s perspective, the $1,700 level presents itself as a critical resistance, warning that if the asset fails to recover that range, the probability of establishing new local lows projects upward.#Write2Earn $ETH
#BTC Trumps’ American Bitcoin sinks 8.4% ahead of reverse stock split to stay listed
Shares in the Trump family-backed American Bitcoin (ABTC) sank to an all-time low on Wednesday after the crypto miner set a date for a 1-for-15 reverse stock split in a bid to stay listed on the Nasdaq.
American Bitcoin said its reverse stock split will go into effect after the market closes Thursday and will begin trading on a split-adjusted basis when the market opens Monday. It would continue to trade under the ticker ABTC.
It said every 15 shares of the company’s Class A and B common stock will be reclassified as one share. The company expects its common stock to be reduced from more than 1 billion outstanding shares to about 73 million.
American Bitcoin is the only public crypto company tied to the Trump family’s sprawling interests in the sector, and a reverse stock split is typically seen as a negative, as it indicates the company is in distress and is looking to artificially boost its share price.
American Bitcoin said the split aims to prop up its shares to maintain compliance with Nasdaq’s minimum bid requirements, which allow the exchange to delist the company if it trades below a $1 closing price for 30 consecutive trading days.
Shareholders had approved the reverse stock split on June 22.
American Bitcoin shares hit all-time low Shares in American Bitcoin dropped nearly 8.4% to close trading Wednesday at an all-time low of 62 cents. The stock saw a slight lift after-hours, rising 4.5% to 65 cents. #Write2Earn #BitcoinWorstFirstHalfSince2022 $BTC
#BTC #ETH #xrp #DOGE Bitcoin Spikes as Kevin Warsh Flags Inflation Concerns; Ethereum, XRP, Dogecoin Also Gain: Popular Analyst Says 'Market Bottom Is Here'
Leading cryptocurrencies ticked higher on Wednesday, while stocks retreated, as Federal Reserve Chair Kevin Warsh called inflation “too high.”
Crypto Market Lifts Bitcoin broke past $61,000 in the evening, only to get rejected and drop back to $59,000. With trading volume spiking 11% over the past day, the struggle between bulls and bears continued.
Ethereum progressed to the mid-$1,600s before a pullback, while xrp and Dogecoin were also among the gainers.
Over $450 million was liquidated from the cryptocurrency market in the last 24 hours, with $279 million in short positions wiped out, according to Coinglass data.
Bitcoin’s open interest spiked 1.80% over the last 24 hours. BTC’s taker buy volume exceeded the sell volume over the last 24 hours, indicating a bullish sentiment in the market.
Retail and whale derivatives traders on Binance also remained bullish on the apex cryptocurrency.
Top Gainers (24 Hours)
The global cryptocurrency market capitalization stood at $2.07 trillion, following an increase of 2.78% over the last 24 hours.
Stock Market Cools Down Stocks eased on Wednesday after a recent surge in gains. The Dow Jones Industrial Average lost 13.96 points, or 0.03%, to close at 52,305.24.The S&P 500 fell 0.22% to end at 7,483.23,while the tech-heavy Nasdaq Composite slid 0.66% to close at 26,040.03.
Fed Chair Warsh said at an international conference that but declined to comment on the central bank’s likely move in the July meeting.
The CME Group’s FedWatch tool showed markets pricing a 71% likelihood of the Fed keeping the rates unchanged in July, but nearly a 50% chance of a rate hike in September. #Write2Earn $BTC $ETH $XRP
#Write2Earn Crypto firms lead 2026 U.S. election donations with $189M: ‘Legalized bribery!’
Crypto has emerged as the top political spender and influencer in the U.S. 2026 midterms.
According to Federal Election Commission (FEC) data aggregated by Public Citizen, crypto lobbying in 2026 has surpassed 2024 expenditure. So far, the industry has poured $189M to decampaign anti-crypto candidates and support lawmakers aligned with the sector.
This was nearly $20M more than the 2024 expenditure of $170M.
In terms of sector spending, crypto has donated three times more than the next segment, AI and big tech ($60M). Betting came in third in terms of top corporate donors trying to influence the outcome of the American vote. Overall, corporate political spending continues to rise, underscoring their significant influence in U.S elections outcome.
According to FEC data, the total corporate spending has hit $517.5M, meaning crypto alone has contributed to 36.5% of the overall donations – that’s more than a third of corporate lobbying money in the 2026 midterms.
a16z, Coinbase, and Ripple lead crypto donors Unsurprisingly, most of the crypto donations have been directed to push corporate agendas or back Republicans. For the unfamiliar, most of the Republicans have been supportive of the industry, starting with President Donald Trump.
At the firm level, venture firm a16z led the list of top donors, with a whopping $51.65M. Ripple Labs came in second with about $50M, while Crypto.com and Coinbase contributed $38M and $35M each.
Coinbase, unlike others, is actively backing Democrats who are pro-crypto.
Fairshake PAC, one of the largest lobby groups for the sector, received most of the donations from Ripple Labs and Coinbase. In fact, the PAC has been active in Georgia, Alabama, Nebraska, Kentucky, and Texas to ensure only pro-crypto candidates win the midterms.
According to Josh Vlasto, Fairshake’s spokesperson, “everything was on the table” to ensure they achieve their mission. #BTC $ETH $BTC
#solana Solana Dominates dApp Revenue Rankings for Ninth Straight Quarter
Solana’s decentralized ecosystem recorded $257 million in revenue during the second quarter of 2026. The Pump.fun and Axiom applications concentrated 62% of the network’s revenue in the first quarter of 2026. The network individually outperformed the monthly revenue of platforms like Hyperliquid and Ethereum in May 2026. At the close of the second quarter of 2026, the Solana network consolidated its financial leadership against its main competitors in the blockchain sector. The decentralized ecosystem of this protocol reached $257 million in dApp revenue, outperforming all Layer 1 and Layer 2 networks on the market for the ninth consecutive period.
📊DATA: In Q2 2026, @Solana dApps generated $257M in revenue, leading all L1 and L2 blockchains for the 9th consecutive quarter. pic.twitter.com/syrtL3LFjY
— SolanaFloor (@SolanaFloor) July 1, 2026
At the end of the quarter, the price of SOL hovered near $77, alongside a global crypto market volume of $98 billion over the past 24 hours. The current financial result shows a slight decrease compared to the $271 million reported in the second quarter of 2025. Syndica reports published early in the year indicate that Solana started the period with a 41% share of total Web3 revenue. The internal distribution of fees shows a heavy reliance on specific protocols within the ecosystem. During the first quarter of 2026, the launchpad platform Pump.fun contributed $123 million, while the trading terminal Axiom recorded $58 million.
These two developments accumulated nearly two-thirds of the network’s total financial performance. According to DefiLlama metrics, Solana’s top eight decentralized applications jointly accounted for 78% of fee revenue. #Write2Earn $SOL
#Binance Binance Addresses MiCA Transition as EU Regulatory Changes Take Effect
Binance Says User Assets Remain Safe as EU Crypto Rules Advance European users affected by the Markets in Crypto-Assets (MiCA) rules received fresh assurances from crypto exchange Binance on July 1, as the company said customer assets remain safe and held on a 1:1 basis. The statement addressed users facing account-related changes tied to MiCA’s implementation across the European Union.
Binance issued the update after discontinuing crypto services in affected EU markets as MiCA rules took effect on July 1. The exchange is pursuing a new licensing route after withdrawing its MiCA application in Greece and is notifying affected users about available options, including transfers and withdrawals where applicable.
The crypto firm stated:
“As MiCA-related changes take effect today in the EU, we want to reassure affected users that we remain committed to supporting you through this transition with clarity, care, and responsibility.”
Account access remains limited. The exchange said transfers and withdrawals are available where applicable, depending on user location and account status.
Binance Is Engaging Regulators During MiCA Transition Binance said it continues to engage with regulators as it navigates the MiCA transition and seeks authorization under the EU’s unified crypto framework. MiCA establishes a single rulebook for crypto service providers across the EU, covering licensing, investor protection, and oversight.
The crypto firm added:
“Your assets remain safe on Binance, and affected users will continue to have access to the options already communicated to them, including transfers and withdrawals where applicable.”
The company said it is contacting affected users directly with the next steps and directed customers to official support channels for account-specific questions. #Write2Earn #bnb $BNB
#BTC Bitcoin tops $60K amid Fed inflation talks: Is bull trap or $65K next?
Key takeaways:
Persistent spot Bitcoin ETF outflows and US dollar strength reduce the odds of a quick bounce to $65,000. Strong AI sector earnings momentum and higher fixed-income returns pull capital from Bitcoin and gold. Bitcoin (BTC) reacted positively to US Federal Reserve Chair Kevin Warsh's remarks on stubborn inflation. Despite the gains on Wednesday, traders fear that incentives for fixed-income investments and strong earnings momentum in tech stocks will continue to pressure non-yield-bearing assets like cryptocurrencies. The US 5-year Treasury yield jumped to 4.22%, meaning traders demanded higher returns to hold government bonds. Even as inflation eventually eases and WTI crude oil prices fell to a 4-month low, investors anticipate monetary expansion. Regardless of how the Fed manages interest rates and its balance sheet, the US Treasury dictates debt issuance trends. US government bond futures implied 64% odds of interest rate hikes by September, up from 23% one month prior. The higher expected return on fixed-income investments came as the US dollar strengthened against other major global fiat currencies, which is especially concerning for alternative hedges such as gold and Bitcoin. Despite the gains on Wednesday, gold prices are down 12% in two months, while the US dollar strength (DXY) nears its highest mark in one year. This vote of confidence in the US economy partly stems from AI sector strength, evident in the 25% gains in the Nasdaq 100 index. However, some specific tech sub-sectors have recently signaled weakness, which could act as a catalyst for Bitcoin and gold.
Could the AI sector cool off act as a catalyst for Bitcoin? Micron (MU US) and SanDisk (SNDK US) shares saw intraday losses exceeding 9% on Wednesday after competitors SK Hynix (000660 KR) and Samsung (005930 KR) announced plans to expand capacity. #Write2Earn $BTC
#BTC History favors another weak Bitcoin H2 – Can liquidity rewrite BTC’s 2026 cycle?
The Bitcoin [$BTC ] halving is often misinterpreted as an instant price catalyst.
In reality, it works through a gradual supply reduction effect, supported by Bitcoin’s technical setup. Notably, major upside phases have occurred in the 12-18 months after a halving, rather than immediately. After the 2016 halving, for instance, Bitcoin saw its main expansion in 2017, gaining over 1,000%. Similarly, after the 2020 halving, the strongest upside played out through 2020-2021, with a full-cycle rally of roughly 60%.
By contrast, the second halves (H2) of 2018 and 2022 are widely viewed as late-cycle drawdowns. In 2018, Bitcoin fell 40%-45% in the second half of the year. In 2022, it fell 15%-20% before bottoming toward year-end. Taken together, it does appear that H2 weakness in those cycles reflects a “post-halving cooling phase.” Bitcoin cycle tested as 2026 moves into H2 phase The crypto market has officially stepped into the H2 phase of the 2026 cycle.
So far, the cycle structure is broadly tracking Bitcoin’s post-halving behavior seen in 2018 and 2022. Bitcoin is closing H1 down over 30%, which is similar in character to H1 2018 (down nearly 54%) and H1 2022 (down over 56%). In this context, 2026 looks consistent with a post-halving cooldown phase following the 2024 halving, which cut Bitcoin’s block subsidy from 6.25 $BTC to 3.125 $BTC per block.
If the same playbook holds, Bitcoin could be on track to close H2 in the red. This is also supported by K33 Research Senior Analyst Vetle Lunde, who noted:
The 2022 Bitcoin drawdown lasted for 286 days. In the 2014 and 2018 bear markets, the bottoms occurred 12-13 months after the bear markets began, with a max drawdown of 84-85%. If history is to repeat, a bottom could be expected to form near year-end.
In this context, the roughly 30% H1 drawdown this year can still be viewed as part of a broader post-halving cooldown phase.#Write2Earn $BTC
#solana World launches Solana prediction market inside Phantom
The platform is available through Phantom and its own website, with trading, positions and settlement handled on Solana. World said users retain custody of their funds until they enter a market, rather than depositing assets with a centralized operator.
Advertisement Initial offerings include short duration Bitcoin price markets and contracts covering the World Cup. World plans to expand into additional sports, political, geopolitical and macroeconomic events in the coming weeks.
World uses CASH, Phantom’s stablecoin, as its settlement asset. Winning positions are designed to be redeemed automatically after a market is resolved.
Chainlink serves as the platform’s primary oracle provider through its Data Streams and Chainlink Runtime Environment infrastructure. The integration supplies external data used to determine outcomes and automate market resolution.
Phantom’s disclosures identify World as the issuer of tokenized event contracts and the infrastructure provider for positions opened through the wallet from June 1. Phantom had previously offered prediction markets powered by Kalshi through DFlow.
The disclosures also warn that oracle failures, delayed data, manipulation or incorrect information could lead to improper resolutions or financial losses.
World said the Phantom integration is the first of several distribution partnerships it plans to activate across crypto and traditional financial platforms during July.#Write2Earn $SOL
#Write2Earn Trump fuels market rally as Iran talks lift crypto and sink oil
President Donald Trump’s positive comments on U.S.-Iran negotiations have lifted crypto markets, pushed oil below $70, and added more than $74 billion to gold’s market value as investors reposition for easing geopolitical risks.
According to President Donald Trump, relations with Iran have remained positive and ongoing negotiations in Qatar are progressing well, prompting a swift reaction across financial markets as traders reassessed the likelihood of a prolonged Middle East conflict.
Speaking on Wednesday, Trump said Iran’s “denuclearization is well on its way” and described the meetings as “excellent” before adding, “We’ll see.” His remarks followed a Truth Social post earlier this week in which he said U.S. officials would meet Iranian representatives in Doha at Tehran’s request.
Crypto extends gains as geopolitical tensions ease While diplomatic discussions continued in Qatar, Bitcoin climbed more than 3% to an intraday high of $60,401 before easing to $60,120 at press time. Ethereum gained 2.8% to $1,620, XRP added 1.5%, and Solana outperformed with a 5% advance. The total cryptocurrency market capitalization also increased about 2% to $2.14 trillion.
The rally came as investors reduced demand for traditional safe-haven assets tied to geopolitical uncertainty. Gold added more than $74 billion in market value during the session, while U.S. benchmark WTI crude oil fell more than 2% for the first time since tensions between the United States and Iran intensified, closing below the $70 level.
Analysts nevertheless urged traders to remain cautious despite the rebound, noting that negotiations are still underway and that market direction will continue to depend on diplomatic developments. #BTC #ETH #bnb #xrp $BTC $ETH $BNB
#ETH Can Ethereum hold $1,500 support as quarter-end selling adds pressure?
Ethereum has remained pinned near the $1,500 support zone after quarter-end selling, whale distribution, and weak institutional flows kept the second-largest cryptocurrency under pressure despite continued corporate treasury accumulation.
According to data from crypto.news, Ethereum ($ETH ) traded around $1,580 at the time of writing, down roughly 5.3% over the past seven days and about 25% for the quarter. The decline completed Ethereum’s first-ever streak of three consecutive quarterly losses.
Selling pressure also intensified after the Ethereum Foundation announced a restructuring on June 23 that included a 20% workforce reduction and a 40% budget cut, raising fresh concerns about development spending while large holders continued reducing exposure.
Corporate buyers, however, have continued to accumulate into the weakness. SharpLink disclosed another purchase of 10,000 $ETH at an average price of $1,611, spending about $16.1 million to expand its treasury. Separately, Bitmine added 27,084 $ETH during the past week, lifting its holdings above 5.7 million $ETH . Those purchases have so far failed to offset persistent selling from whales and institutional investors.
Bitmine, however, framed the quarter-end weakness as partly technical rather than purely fundamental. In a June 30 post on X, the company said “window dressing is taking place,” adding that institutions often sell underperforming assets toward the end of a quarter. Bitmine noted that Bitcoin was down 13% and Ethereum was down 25% for the quarter, saying crypto was “being sold” into the reporting period.#Write2Earn $ETH
#xrp XRP Commodity Channel Index Hits Most Oversold Level Since the 2020 COVID Crash
The monthly $XRP Commodity Channel Index (CCI) has dropped to its lowest level in six years, closing way below the -100 baseline in June.
The decline came amid a weak close in June, when the indicator stood at -134.61 following a nearly 22% drop in $XRP ’s price for the month. This made June the asset’s worst monthly performance since February 2025.
$XRP Commodity Channel Index Hits 6-Year Low
While $XRP has opened July with a small rebound, rising 0.61% to trade at $1.04487, the CCI has collapsed further this new month, currently sitting at -137.30.
For context, when the CCI falls below -100, it usually points to oversold conditions. At -137.30, $XRP now sits far below its 20-period average, suggesting that the current level of selling may not last for long.
The last time $XRP ’s CCI reached a similar level was in March 2020, during the COVID-19 market crash, when the price dropped below $0.20. During this period, the Commodity Channel Index crashed to -140.67, marking $XRP ’s bottom for that downturn.
After the crash, $XRP ’s price recovered considerably and climbed to around $1.96 within the following year. While it is important to consider this historical context, it does not necessarily mean the same kind of recovery will happen again.
How the Current Decline Compares to 2020
The 1-month chart shows a similarity between the CCI low in March 2020 and the one recorded in June 2026, as both sit at nearly the same depth below the oversold level.
However, the reasons behind the two drops are different. In 2020, the market fell quickly due to an external shock and then recovered just as fast. This time, $XRP has been moving down gradually since Q4 2025 within a falling channel.
The CCI also shows a secondary signal line at -3.69, as the main CCI remains at -137.30. The gap between these two lines creates room for a possible crossover, which traders often see as an early sign of recovery.#Write2Earn $XRP
#xrp Large XRP Outflows From Coinbase Signal Aggressive Whale Accumulation
Crypto News NewsCorp
GET - On the Google Play View Back to the list Large XRP Outflows From Coinbase Signal Aggressive Whale Accumulation source-logo crypto-economy.com 54 m image Large $XRP transfers above 1 million tokens from Coinbase increased from about 10% to 25.7% of total outflows between mid-June and July 1, based on CryptoQuant data. Whale accumulation signals intensified sharply, while Binance remained stable near 49.6% in large withdrawals. The data suggests shifting behavior across exchanges, while destination of funds remains unconfirmed, keeping the focus on accumulation patterns rather than selling pressure. $XRP outflows from Coinbase show a sharp rise in large transfer activity recorded on-chain during late June and early July. The movement, tracked through CryptoQuant, reflects higher participation from large holders while price action remains stable around the one dollar level across major exchanges. Exchange flow divergence is becoming more visible, especially between Coinbase and Binance. Large wallet activity continues to dominate the marginal flow increase, even as retail participation remains relatively flat.
xrp Outflows From Coinbase And Whale Accumulation Dynamics On Coinbase, transfers exceeding 1 million xrp expanded sharply during the second half of June, according to CryptoQuant readings. The share of these large transactions climbed from roughly 10% on June 16 to 25.7% by July 1, highlighting a clear shift toward higher-value withdrawals. Whale participation increased significantly within a short window, suggesting coordinated or structured accumulation behavior. Mid-tier flows also adjusted, but the most relevant change came from the top transaction bracket. #Write2Earn $XRP
#BTC Bitcoin Recovery Signals Emerge as $60K Support Holds
Bitcoin Recovery discussions intensified after Bitcoin showed signs of stabilization above key support levels, while derivatives markets continued exhibiting elevated institutional participation and speculative activity across major exchanges.
Bitcoin Tests Critical Support as Recovery Narrative Develops Analyst commentary from social media platform X suggested Bitcoin may be entering an early recovery phase. The analysis focused primarily on Bitcoin’s ability to defend the $60,000 threshold.
According to HODL GENTLEMAN, maintaining weekly closes above this level could improve sentiment. The analyst noted that the recovery trend continued throughout the weekend session. The market structure in recent days is the result of a prolonged corrective period. The price of Bitcoin has rallied back from the $126,000-$129,000 resistance level, where it had been making a strong bid earlier.
The current support area from $60,000 to $61,000 has become significantly significant. Buyers appear to be defending this zone despite persistent market uncertainty.
Technical Structure Shows Early Signs of Stabilization Bitcoin’s broader trend remains under pressure following months of lower highs. But the recent price action has been of accumulation character.
Bitcoin broke below the $67,500 level and found a temporary support level at $60,000. Later recovery attempts pushed up to the $74,500 – $76,000 resistance area.
That rebound ended up being a bust, but the repeated support tests have been successful. In the past, such stability has been followed by major market recoveries.
Bitcoin as of the time of writing is worth $59,920.94, dropping 0.24% over the last 24 hours. The cryptocurrency has fallen 6.31% from a week ago.#Write2Earn $BTC
#BTC Circle Removed From Russell Growth Indexes Amid Selloff
The index changes became effective after the latest FTSE Russell reconstitution. According to Simply Wall St, Circle no longer appears in several widely followed growth benchmarks tracked by institutional investors and passive funds.
The reconstitution process reviews companies based on factors such as market capitalization, liquidity, and growth characteristics. As a result, Circle lost its position across multiple Russell Growth indexes.
The move carries importance because many funds follow these benchmarks. Consequently, some index-linked investors may need to reduce holdings when membership changes occur.
Stock Decline Follows Index Changes According to Simply Wall St, CRCL shares have fallen 32.8% over the last 30 days. The publication noted that index-related selling may have contributed to the decline.
Meanwhile, the stock dropped to $62 on the latest trading day. That represented a 16.55% decline over the previous 24 hours. The latest decline also followed reports that competitor Open Standard launched the alliance stablecoin Open USD. While the timing overlaps with the index rebalancing, Circle’s stock has faced volatility since its public listing. Investors continue monitoring developments across the stablecoin sector and public markets.#Write2Earn BitcoinSlidesTo$59250$BTC
#Binance Binance reassures EU users as MiCA service changes begin
Binance said on X that it remained committed to supporting affected users as MiCA-related changes started in the European Union. The exchange said user assets remain safe and are held on a 1:1 basis. The company said affected users will continue to have access to the options already communicated to them. Those options include transfers and withdrawals where applicable. Binance added that it is contacting affected users directly with next steps. Binance CEO Teng says withdrawals remain available “User assets remain safe and secure,” Binance CEO Richard Teng said in a post on X. He said affected users will continue to have access to the options already shared with them after July 1, including withdrawals. “Our focus remains on giving users clarity, continuity, and confidence as we work through this period,” Teng said. #Write2Earn $BNB
#xrp Ripple-backed PACs fuel record $189M crypto election spending
According to a report published Tuesday by consumer advocacy group Public Citizen, crypto companies now account for roughly 37% of all corporate political contributions made during the 2026 election cycle. The nonprofit estimated that the industry has spent about $189 million with more than four months remaining before the November election.
Public Citizen said much of that spending has come through crypto-backed political action committees. Fairshake alone has spent more than $82 million during the current cycle, while MAGA Inc., a Super PAC largely backed by Crypto.com, has spent more than $56 million.
The nonprofit argued that these organizations operate independently of traditional party priorities, supporting or opposing candidates from either major party depending on their policy positions. Public Citizen said this approach follows the same strategy used during the 2024 election cycle. #Write2Earn $XRP