Happy Friday! Binance Bytes is an initiative by the Research team to provide a quick round-up of the week.
Highlights 🧵:
1/ SharpLink Gaming announced a US$425M private equity deal to launch an Ethereum treasury and appointed Ethereum’s co-founder Joseph Lubin as board chairman. The deal involves Ethereum infrastructure firm Consensys along with several other venture capital firms. Following the announcement, Sharplink’s shares surged by 400%.
2/ Federal court blocks Trump from imposing sweeping tariffs imposed on ‘Liberation Day’. The Court of International Trade ruled that the emergency law invoked by the White House did not grant the president unilateral authority to impose tariffs on nearly every country. The Trump administration filed an appeal shortly after the ruling.
3/ U.S. Vice President JD Vance delivered his keynote speech at the Bitcoin 2025 conference in Las Vegas, underscoring the importance of U.S. leadership in the cryptocurrency industry. His speech highlights Bitcoin’s growing institutional legitimacy and its strategic, macroeconomic, and geopolitical significance amid a global race among sovereign powers to secure the asset.