Bitcoin Surge: Bitcoin soared past $111,980, driven by institutional investments and U.S. debt concerns, with public companies holding $349 billion in BTC.
Binance Token Highlights:
BNB (Binance Coin): BNB remains strong, maintaining a bullish trend despite Bitcoin’s fluctuations. It’s poised for a potential new all-time high, fueled by Binance’s ecosystem growth and a recent $914 million token burn reducing supply.
Binance Alpha Tokens: New listings on Binance Alpha, like $HUMA, $HAEDAL, $NXPC, $PORT3, $HIPPO, and $BLUE, are driving BNB Chain activity, with 71% of Alpha tokens launching on BNB Chain, doubling weekly trading volume.
ALPACA Surge: Despite Binance’s delisting announcement, ALPACA surged 1,100% due to a short squeeze, defying typical post-delisting price drops.
Trump’s Crypto Push: Trump Media’s $3 billion crypto investment, including Bitcoin and $TRUMP memecoin, aligns with a pro-crypto agenda, but raises ethical concerns over profiteering.
Crime and Hacks: A New York crypto investor was kidnapped for his Bitcoin password, and a Sui blockchain hack stole millions, highlighting security risks.
Other Developments: Circle’s IPO launched, Dubai introduced tokenized real estate, BCC Mining debuted a free mining app, and Ethereum shows recovery potential.