Binance CEO highlights Bitcoin’s growing role as a portfolio hedge during economic uncertainty, potentially pushing BTC toward 108K resistance level.
A new Trump-related meme token called DJT is set to launch within 72 hours, following the successful model of previous Trump tokens.
Arbitrum leads cross-chain bridge inflows with 1.9 billion, while Ethereum and Flare also see significant capital inflows this week.
BINANCE CEO: BITCOIN TO PLAY A BIGGER ROLE IN DIVERSIFIED PORTFOLIOS
Binance CEO Richard Teng tweeted that “amid global economic uncertainty, Bitcoin remains the flagship crypto asset and a resilient store of value.
As institutional adoption grows, Bitcoin is expected to play an increasingly important role as a hedge and digital gold in diversified portfolios.”
Analysis:
Teng’s remarks may boost short-term bullish sentiment for BTC, helping to absorb some selling pressure, especially in the $104K–$106K range.
If institutions respond to the “hedge” narrative, BTC could test resistance around $108K. The “digital gold” thesis is a long-standing narrative in crypto, especially during economic instability, but Teng’s real aim is likely to promote Binance and the broader BTC ecosystem.
Investors should stay cautious of exchange executives’ promotional statements and rely on independent analysis using on-chain and macro data.
TRUTH SOCIAL MEME TOKEN SET TO LAUNCH WITHIN 72 HOURS
According to crypto trader Ran Neuner, a new meme token associated with Truth Social is expected to launch within the next 72 hours, reportedly with ties to the TRUMP team.
Analysis:
The $TRUMP token previously generated at least $350 million in revenue for the Trump family. The new $DJT token may follow a similar model.
Like $TRUMP and $MELANIA, which are marketed as symbols of “Trump values,” $DJT is likely to leverage Trump’s personal brand and political influence to attract conservative investors and meme culture enthusiasts.
ARBITRUM, ETHEREUM, AND FLARE LEAD IN CROSS-CHAIN BRIDGE INFLOWS OVER 7 DAYS
According to DefiLlama, Arbitrum saw $1.9 billion in net inflows via cross-chain bridges over the past 7 days—ranking first among all chains. Ethereum and Flare followed with $166 million and $108 million in net inflows, respectively.
Meanwhile, Berachain, Avalanche, and Solana saw significant net outflows of $1.078 billion, $168 million, and $143 million.
Analysis:
Cross-chain bridges connect different blockchains, enabling assets like ETH or USDC to move across chains, boosting liquidity and supporting ecosystems like DeFi and NFTs.
DefiLlama remains a key aggregator of TVL and bridge data, offering transparency on capital flows across chains.
〈CoinRank Crypto Digest (5/12)｜Bitcoin to Play a Bigger Role in Diversified Portfolios〉這篇文章最早發佈於《CoinRank》。
