🤯 If you suddenly think that you are a loser, remember the | TopCryptoNews on Binance Square

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🤯 If you suddenly think that you are a loser, remember the trader James Winn
Who lost in a month $ 20 million, and today it was again partially liquidated by $ 486 thousand due to a sharp fall in bitcoin.
#Crypto #trading #cryptotrading 

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🇨🇳 As Bitcoin Soars, Chinese Company Makes $1.3 Billion BTC Move Shenzhen-based clothing manufacturer Addentax Group Corp. (ATXG) has announced a new non-binding agreement to purchase a total of 12,000 Bitcoin, revising the 8,000 BTC purchase plan it announced in May. This potential acquisition is worth approximately $1.3 billion at current prices. The company said in a statement today that the acquisitions will be financed through the sale of ATXG shares, which are traded on Nasdaq. However, details of the plan remain unclear. Addentax said the final agreement is subject to signing, a comprehensive due diligence process being completed and necessary approvals being obtained. Addentax said, “This specification sets the preliminary framework for the planned acquisition and is not a binding contract.” The company explained that critical details such as how many BTC will be purchased, how many shares will be issued, and share pricing have not yet been determined. Despite this, management continues to intend to allocate significant resources to its long-term Bitcoin investment strategy. However, Addentax’s market value remains below $7 million as of today, according to Google Finance data. The company’s plans to make a crypto investment of this scale have raised questions among investors, with its shares trading below $1 for over a year. Experts point to the potential risk of share dilution and volatility. The company’s past crypto ventures have also attracted attention. In May, it announced that it had held an acquisition talks worth around $800 million with “influential” crypto representatives, including memecoin investors named TRUMP, but stated that no binding agreement had been made at the time. Addentax, a textile company, is one of the latest to join the ranks of companies planning to create cryptocurrency reserves. However, some observers argue that such statements can sometimes be used to boost company stocks. #BTC #Bitcoin #China

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💵 Ripple applies for US national bank charter as crypto eyes next frontier (Reuters) -Crypto firm Ripple is applying for a national bank charter in the U.S., its CEO Brad Garlinghouse wrote in a social media post on Wednesday, shortly after a similar step by stablecoin giant Circle. The move reflects a broader push by crypto firms for regulatory clarity and deeper integration with the traditional financial system. A charter would allow crypto companies to settle payments faster and cut costs by bypassing intermediary banks, while also providing a stamp of legitimacy after years of what they claim has been regulatory sidelining. Ripple's charter will need to be approved by the Office of the Comptroller of the Currency, a top banking regulator. The OCC did not immediately respond to a Reuters request for comment. The company is also seeking a Fed Master account that would give it access to the Federal Reserve's payments infrastructure and allow it to hold its stablecoin reserves directly with the central bank, Garlinghouse wrote on X. Ripple launched its stablecoin, RLUSD, in October last year. While much smaller than dominant players Tether and Circle's USD Coin, RLUSD still ranks among the biggest stablecoins by market value, according to data from CoinMarketCap. Ripple, founded in 2012, operates a blockchain that facilitates crypto payments. Besides its stablecoin, it also runs the XRP cryptocurrency. Earlier this week, stablecoin firm Circle also said it is applying to create a national trust bank in the U.S., weeks after its robust initial public offering. #XRP #Ripple

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🤔 Worldcoin Crash Coming? Key Levels To Watch Worldcoin (WLD) price has been one of the most talked-about digital assets in recent months, grabbing attention for its bold vision of a universal digital identity and its volatile price swings. After peaking near $1.80 earlier this year, WLD price has faced steady selling pressure, leaving traders wondering if a bigger breakdown is on the horizon. In this article, we’ll dive deep into the latest daily chart, key technical signals like the RSI, and critical support levels to help you understand where Worldcoin price might be heading next. 🔸 Why Worldcoin Price Could Crash? One of the biggest reasons Worldcoin’s price could face sustained downward pressure is the growing controversy around its core concept: universal digital identity. Vitalik Buterin, co-founder of Ethereum and one of the crypto space’s most respected thinkers, has openly warned that platforms like Worldcoin pose a real threat to the pseudonymity that has defined internet and crypto culture for decades. In his detailed critique, Buterin points out that even with advanced privacy technologies like zero-knowledge proofs, Worldcoin’s “one-person-one-ID” system could slowly dismantle the freedom users have to operate under multiple pseudonymous profiles. This concern isn’t just philosophical — it has practical and political implications that could trigger regulatory pushback and user distrust. If millions of people realize that linking their entire online footprint to a single biometric ID makes them vulnerable to surveillance or coercion, adoption could stall, and those who already hold #WLD tokens may choose to exit. Even the promise of universal proof-of-personhood loses its appeal if the trade-off is an irreversible erosion of online privacy. Additionally, Buterin’s warning about coercion highlights a deep weakness in Worldcoin’s pitch. If governments, employers, or large platforms can force people to link all their online activities to one World ID, that ID becomes a single point of failure. #Worldcoin

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⚡️ The #ETF launch process will simplify. Fox News journalists say that the SEC is creating a general crypto-setff listing standard. The general standard is created to simplify the process of launching products ✔️ So this is why the probability of launches is growing this year.

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🤔 Why Is Robinhood Building on Arbitrum Instead of Solana? Robinhood is making its biggest bet on crypto yet, announcing on Monday that it’s developing an Ethereum layer-2 scaling network for trading digital representations of assets like stocks, while similar products exist already on competing networks like Solana. For Johann Kerbrat, Robinhood's crypto general manager, the existence of multiple projects is frustrating. Tokenization becomes less beneficial when a digital version of the same stock is issued across multiple networks beneficial because activity is siloed across ecosystems. “I hate the idea of having a Tesla-Kraken token and a Tesla-Robinhood token,” he said. “Instead of actually moving forward and creating a better financial system, we’re splitting [up] liquidity.” Robinhood’s initiative highlights stark differences between major crypto trading platforms as they use tokenization to break from traditional methods of record keeping and create more efficient systems for investors. In developing its own Ethereum-compatible network, based on Arbitrum’s design, Kerbrat said that Robinhood is trying to cast as large a net as possible, as it looks to expand on tokenized assets and connect with other entities within the cryptosphere. “We’re launching [tokenized stocks and ETFs] first in the EU, but in the future, [we] want to open it up as soon as we get clarity on regulations,” he said. “We want the maximum participation there. We want to be compatible with other players.” But crypto exchanges Kraken and Bybit have rolled out tokenized stock trading through Backed Finance’s xStocks. The assets, which trade on Solana, underscore how companies are leveraging competing networks and standards in trying to give the financial system a facelift. “It’s interesting to see that they decided to not use that chain,” he said. “Some companies are about launching as many things as possible to get as many headlines as possible. #ARB #SOL

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