BNB has crossed the 650 USDT benchmark and is now trading at | PrincessJM9 on Binance Square

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BNB has crossed the 650 USDT benchmark and is now trading at 650 USDT, with a narrowed 0.59% increase in 24 hours. $BNB 

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Michael Saylor, the Executive Chairman of Strategy, formerly known as MicroStrategy, has once again shared information about Bitcoin Tracker on the X platform. Historically, Saylor's updates on Bitcoin Tracker are followed by disclosures regarding Strategy's increased Bitcoin holdings the next day.$BTC $BNB

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#TrumpBTCTreasury Bitcoin Adoption in Corporate Treasury Sparks Debate Among Industry Leaders AI Summary According to Odaily, David Bailey, President of Bitcoin Magazine, recently shared on the X platform that companies incorporating Bitcoin into their corporate treasury are outpacing traditional firms that do not hold Bitcoin. He emphasized that corporate liquidity is increasingly tied to Bitcoin, suggesting that companies risk obsolescence if they fail to adopt this strategy. In response, Adam Back, co-founder and CEO of Blockstream, commented that firms embracing Bitcoin treasury strategies are gaining a competitive edge over publicly listed companies. He warned that ignoring this significant opportunity for capital reallocation could leave businesses behind, stressing that it is not merely an option but a necessity in the current economic landscape.

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OnchainLens has reported that a significant transaction involving a whale occurred, where 15.15 million ENA tokens, valued at $4.48 million, were transferred from a centralized exchange. $BNB

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Bitcoin has crossed the 105,000 USDT benchmark and is now trading at 105,015.632813 USDT, with a narrowed narrowed 0.12% decrease in 24 hours.$BTC

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Cardano founder Charles Hoskinson has suggested using $100 million worth of ADA from the treasury to convert into Bitcoin and stablecoins, including USDM and USDA. This proposal aims to enhance the proportion of stablecoins within the Cardano ecosystem and its decentralized finance (DeFi) sector. Hoskinson assured that this move would not negatively impact the ADA market and countered concerns about liquidity. Currently, stablecoins on the Cardano blockchain account for only about 10% of the total value locked (TVL), which is significantly lower compared to Solana's stablecoin ecosystem. This proposal contrasts with the views of Cardano Foundation CEO Frederik Gregaard, who previously emphasized that TVL is not a critical metric for evaluating the ecosystem's success.$ADA $SOL

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