➡️Crypto Weekly Recap 🚀
➡️Market Moves 📈
Bitcoin (BTC) – hit a fresh ATH (~$111K) last week, driven by strong demand. It has since eased back to around $104K. Altcoins – also saw gains: Coinbase launched 24/7 futures for XRP and Solana (from June 13), signaling broad institutional interest.
➡️Binance Buzz 🟡
🔹Live Trading: Binance Square rolled out a new “Live Trading” feature on May 26, where users can watch top traders’ streams and mirror their strategies in real time.
🔹New Listing: Binance listed Bondex (BDXN) for spot and futures on June 3, even offering a special airdrop for traders.
🔹BNB-Backed Project: Binance Labs-backed startup launched its ONA protocol to tokenize real-world assets via NFTs, blending Web2 with Web3.
➡️Regulation & Policy 🏛️
🔹US Crypto Law: Lawmakers introduced the bipartisan “Digital Asset Market Clarity Act of 2025” on May 29, clarifying SEC vs. CFTC roles and pushing clear crypto oversight rules.
🔹SEC on Staking: The SEC clarified on May 29 that common crypto staking (e.g. ETH staking) isn’t a securities offering, removing a key hurdle for staking ETFs.
🔹Country News: The IMF and El Salvador agreed that El Salvador will cap future Bitcoin purchases under a new $120M loan deal, even as President Bukele says he’ll keep buying 1 BTC/day.
➡️Hot Topics 🔥
🔹Big Biz: Meta shareholders overwhelmingly rejected a proposal to add Bitcoin to its $72B treasury. Coinbase also disclosed a breach (70,000 users’ data leaked by a rogue contractor) and now faces a class-action suit.
🔹Market News: FTX’s recovery trust began a ~$5B stablecoin payout on May 30, injecting huge liquidity as creditors get repaid.
