#Binanace Why all Crypto coin are Burn?Let's know n detail: Here cryptocurrencies:

*Recent Price Updates and Trends*

- *Bitcoin (BTC)*: Surges to an all-time high of $116,000, with a 4.45% increase in the last 24 hours. Its market cap stands at $2.16 trillion.

- *Ethereum (ETH)*: Jumps 5% to $2,958.45, with a market cap of $316.91 billion. BlackRock is buying more Ethereum, potentially triggering a rally to $3,000.

- *SUI*: Breaks out of an inverse head-and-shoulders pattern, with a target of $3.89. Its price has increased significantly, with a 128.51% surge in volume.

- *XRP*: Gains alongside an increase in volume, with some analysts predicting a potential large rally.

*Market News and Developments*

- *GMX Exchange*: Suffers a suspected exploit, losing over $42 million from its vaults.

- *Tokenization*: Expected to capture 1-5% of the $257 trillion global stock and bond markets, according to Bitwise executives.

- *US Tariffs*: Could deepen global de-dollarization trends, potentially fueling a rapid pivot to rival fiat currencies.

- *Stablecoins*: Play a crucial role in decentralized finance (DeFi), but raise questions about control and resilience.

*Regulatory Updates*

- *US SEC*: Delays Grayscale Avalanche ETF launch, citing the need for further review.

- *US Senate*: Confirms ex-Bitfury executive Jonathan Gould to lead the Office of the Comptroller of the Currency.

- *US Treasury*: Scraps crypto broker reporting rule for DeFi platforms . #BTCBreaksATH #ETHBreaks3k #BinanceHODLerLA #BinanceSquareFamily