#binance

Main news and trends:

1. Institutional interest and forecasts:

• Very optimistic forecasts remain from major financial institutions and analysts. For example, there are predictions of Bitcoin rising to $140,000 in the coming weeks and even up to $644,000 amid a "golden rally."

• Institutional investors continue to accumulate assets, in particular, the volume of Ethereum in institutional reserves has exceeded 10% of the total supply.

• In the USA, staking in cryptocurrency ETFs has been allowed for the first time.

2. Technological development:

• Important updates are taking place, for instance, the Polygon team has activated the Rio hard fork to optimize block production.

• It is noted that Solana has outperformed Ethereum in commission income on an annual basis.

3. Regulation and infrastructure:

• The St. Petersburg exchange has announced its readiness to start trading cryptocurrencies.

• The authorities of Kazakhstan have liquidated a number of illegal cryptocurrency exchanges.

• News is emerging about the possible introduction of EU sanctions against the ruble stablecoin.

• Major financial institutions (like Morgan Stanley) are actively advising clients to add cryptocurrency to their portfolios.