$USDT surpasses $ETH in market cap, reaching $187.37B vs. ETH's $187.33B. Coinbase legal chief continues arguing the SEC has "misread the law" on crypto securities. GOP senators push to lower the 1,250% risk weight on bank $BTC holdings.
🐳 ETHEREUM OG DUMP: Early Holder Unloads 60,000 $ETH for $146M.
One OG whale sold 60,000 ETH and 9,442 wsETH for $146.24M at $2,106 per token — then immediately bought back 57,339 $ETH at $1,577 plus 361 $WBTC , a masterclass in trading the volatility.
🐋 WHALE TIMES THE DIP PERFECTLY: $3.5M Profit in 2 Days
One savvy whale bought 1,656 $BTC ($98.93M) near the local bottom at $59,734 and deposited it into Binance two days later, banking a cool $3.5M profit. Perfect dip-buying execution.
⚔️ IRAN MISSILES FLY: War Fears Shake Global Markets
Iran launched multiple missile waves at Israel in response to Israeli military operations in Lebanon, marking its first direct strike since the April 8 ceasefire. Geopolitical tensions are increasing volatility across risk assets. $BTC
Daily trading volume across tokenized stocks and ETFs reached $1.68 billion, up 39% over the past month. Binance is leading the charge, having recently opened trading for more than 7,000 US-listed stocks and ETFs for customers outside the United States. Binance has also previewed "bStocks," an upcoming feature that will let users convert the shares they buy into tokenized assets on $BNB Chain. The feature will allow customers to use these tokens in DeFi applications such as lending and liquidity provision.
· Binance Cracks Down on Market Manipulation: The exchange has published stricter guidelines for token projects and their liquidity providers, forcing them to publicly disclose their market makers' identities and prohibit profit-sharing deals. · SEC & CFTC Join Forces: The regulators are jointly developing a compliance framework for tokenized securities based on "innovation without regulatory arbitrage". · Grayscale Files for New Canton ETF: The asset manager is expanding its regulated crypto offerings as institutions continue to build infrastructure despite the bearish price action. $BTC $BNB $USDC