🔔 MARKET MOVING NEWS! (10/03/25)
1️⃣ Binance Announces Community Voting Mechanism For Token Listings 🔼
Crypto exchange Binance has announced the launch of a community co-governance structure that allows Binance users to vote to list or delist tokens placed on the platform’s “monitoring zone.” For listing, Binance will select projects which the community can vote on. Tokens that receive the most votes will be listed on the exchange following due diligence from the company. As for delisting, projects that fail to provide regular progress updates or necessary token information, engage in malfeasance, or have inactive developer teams and communities will be placed in its "monitoring zone." Binance community members can then vote to delist these projects from the platform.
#BinanceSquareTalks #UpdateAlert
2️⃣ Binance Founder CZ Says Elon Musk's X 'Should Ban All Bots' ‼️
In a recent post on X, Binance founder Changpeng Zhao urged Elon Musk to ban bots from the platform. The call comes as automated bots plague the comment section of many crypto related posts, often attempting to scam users by advertising fake tokens, phishing links to malicious sites, and pump-and-dump schemes.
The post reads,
I think X should ban all bots. I only want to interact with humans here. If someone uses Grok/GPT/DeepSeek to generate a tweet and copy and paste it here, fine. But API posting should be disabled.
📌 And the private equity community fully agrees #
3️⃣ Utah’s Senate Passes Bitcoin Bill, Scraps Key Provision 💸
Utah’s Bitcoin bill - the HB230 “Blockchain and Digital Innovation Amendments” bill - has reportedly passed the state Senate. However, a key clause of the bill that would have made it the first US state with its own Bitcoin reserve has been removed prior to its passing. Senator Kirk A. Cullimore, one of the bill’s sponsors, stated that there was “a lot of concern” about including the reserve clause. The HB230 bill now only provides Utah citizens with basic custody protections, the right to mine Bitcoin, run a node and participate in staking, among other things. The bill is now headed to Utah Governor Spencer Cox’s desk to be signed into law.
4️⃣ US Housing Dept Mulls Blockchain, Stablecoin To Pay And Monitor Grants: Report ❓
According to a ProPublica report, the US Department of Housing and Urban Development (HUD) is looking to experiment with using blockchain and stablecoins for some of its functions. Specifically, this includes the prospect of paying recipients of major federal grants in cryptocurrency. The report cites a meeting recording, documents and three officials familiar with the matter as its source. Officials believe the HUD blockchain experiment could be a trial run for the use of crypto and blockchain across the federal government.
5️⃣ Only 4% Of The World's Population Holds Bitcoin In 2025 🔍
According to a research report from financial services company River, only 4% of the global population currently holds Bitcoin. Additionally, the report states that the highest concentration of BTC ownership is in the United States, where an estimated 14% of individuals own BTC. It also states that Africa has lowest adoption rate with only 1.6% of the population holding BTC. River estimates that BTC has only achieved 3% of its maximum adoption potential. The financial services company reportedly arrived at the 3% figure by taking Bitcoin's total addressable market, institutional underallocation and individual ownership rates into account.
