Binance Wallet to Host 14th Exclusive TGE with BSquared Network
Binance Wallet announced it will host the 14th Exclusive Token Generation Event (TGE) in collaboration with BSquared Network via PancakeSwap. The subscription period will take place on April 30, 2025, from 8:00 AM to 10:00 AM UTC. The minimum Alpha Points requirement will be announced on the same day before the subscription opens. Additionally, 8,400,000 B2 tokens will be allocated for future marketing campaigns, with further details to be announced later.
According to Bloomberg analyst James Seyffart, ProShares' XRP futures ETFs will not begin trading on April 30 as previously expected, despite receiving SEC approval. No official launch date has been set yet, but trading is anticipated in the short to medium term. The three products—Ultra XRP ETF, Short XRP ETF, and Ultra Short XRP ETF—target institutional investors seeking regulated exposure to XRP. ProShares is also awaiting SEC approval for a spot XRP ETF.
Gold-backed cryptocurrencies like Tether Gold (XAUT) and Paxos Gold (PAXG) hit record highs amid the global trade war sparked by President Donald Trump's new tariffs. Tether Gold reached $3,529 and Paxos Gold peaked at $3,520. Other tokens, Quorium (QGOLD) and Kinesis Gold (KAU), also surged. Gold prices rose 7% in under a month, while Bitcoin (BTC) jumped 14%. Meanwhile, the real-world asset (RWA) tokenization market reached a capitalization of $21.6 billion.
Massive capital inflows into Treasurys and gold are laying the groundwork for Bitcoin (BTC) to surge. Last week, U.S. Treasury funds recorded a $19 billion net inflow, surpassing the 2020 pandemic peak ($14 billion), while gold's share of global reserves jumped to 18% — a 26-year high. With foreign central banks cutting U.S. debt holdings to the lowest level in 22 years, Bitcoin is benefiting from the global de-dollarization trend. In 2023, as U.S. yields rose amid recession fears, Bitcoin surged 47% in one month while the Nasdaq dropped 8.7%. Now, with falling yields, improving liquidity, and a global rush into gold, Bitcoin could be poised for another powerful rally led by institutional capital.
According to a new report from CoinGecko, government-held Bitcoin has dropped by 12.4% over the past year, from 529,591 BTC to 463,741 BTC—about 2.3% of the total supply. The U.S. leads with 210,429 BTC, followed by China (194,775 BTC), the U.K. (61,245 BTC), El Salvador (5,748 BTC), and Bhutan (4,200 BTC). Germany and Ukraine have fully liquidated their reserves. Except for El Salvador, all holdings come from criminal seizures, not direct purchases.
MetaMask is set to launch a self-custody crypto payment card in partnership with Mastercard, CompoSecure, and Baanx. The card uses smart contracts to process real-life transactions in under five seconds, operating on Linea, Ethereum's Layer-2 network. This move offers a safer alternative to centralized exchanges, especially after major hacks like Bybit’s $1.4 billion breach. MetaMask is entering a competitive market already dominated by Binance, Bybit, Coinbase, and Cryptocom.
Binance Wallet announced it will host the 13th exclusive Token Generation Event (TGE) in collaboration with MilkyWay Zone via PancakeSwap.
The subscription period is scheduled for April 29, 2025, from 8:00 AM to 10:00 AM (UTC). The minimum Alpha Points threshold required for eligibility will be announced earlier the same day before subscription begins.
Additionally, Binance will allocate another 20,000,000 $MILK tokens for future marketing campaigns, with more details to be provided later. The Wallet Campaign Portal will also be launched soon.
Binance Alpha launches $SIGN airdrop program for users with 65 Alpha Points
Binance Alpha has announced an airdrop of 1,500 SIGN tokens for eligible users to celebrate the listing of Sign (SIGN) on its platform. To qualify, users must have at least 65 Alpha Points before trading officially opens at 10:00 (UTC) on April 28, 2025.
Alpha Points are part of a scoring system used by Binance to assess user engagement within the Binance Alpha and Binance Wallet ecosystems. Eligible users will receive the airdrop directly into their Alpha accounts within 10 minutes after trading begins.
Two Ethereum community members, Kevin Owocki and Devansh Mehta, have proposed a new dynamic fee structure for the Ethereum application layer to balance revenue generation and fairness for developers. The model uses a square root formula to adjust fees based on funding pool size, capping fees at 1% for projects over $10 million. This proposal comes as Ethereum faces growing competition from Solana and a sharp decline in network revenue.
Michael Saylor, Executive Chairman of Strategy, revealed that the company may make another Bitcoin (BTC) purchase on April 28, just a week after acquiring $555 million worth of BTC at an average price of $84,785—one of the highest purchase prices ever. His message, "Stay humble. Stack sats," sparked speculation about a new buy. Strategy’s steadfast Bitcoin approach is inspiring companies globally, notably Japan's Metaplanet, which recently surpassed 5,000 BTC holdings, reflecting the growing Bitcoin adoption trend in Asia.
Norway’s sovereign wealth fund (Norges Bank) posted a $40 billion loss in Q1 2025, mainly due to a slump in US tech stocks. The fund indirectly held 3,821 Bitcoin through stock investments, raising concerns about BTC sell pressure amid economic uncertainty. Although buying Bitcoin ETFs seems unlikely, Norges Bank could still increase indirect exposure through companies holding BTC. Major funds like Mubadala and Wisconsin have already invested heavily in Bitcoin ETFs, signaling a growing trend of using crypto as a hedge asset.
TRON founder Justin Sun announced that JST has undergone a "complete fundamental reversal" and could become the "next 100x token" as TRON's DeFi ecosystem expands. Sun highlighted the rapid growth of JustLend and stablecoin USDD, boosting annual revenues to tens of millions of dollars. He committed to using all profits to buy back and burn JST, reducing its circulating supply. If growth continues and the buyback-burn program is implemented, JST could see significant appreciation.
SEC has approved ProShares Trust to launch a series of XRP ETFs, set to take effect on April 30, 2025. The products include ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF, offering leveraged and inverse exposure to XRP price movements. While not a spot ETF, this marks a major step for XRP-related investment products in the U.S. market. ProShares Trust continues expanding into digital assets. Source: https://www.sec.gov/Archives/edgar/data/1174610/000168386325003520/f41642d1.htm
Binance Alpha to list Haedal Protocol (HAEDAL), trading to open on April 29
Binance Alpha announced it will be the first platform to support Haedal Protocol (HAEDAL), a liquid staking protocol built on the Sui blockchain that allows users to stake SUI tokens. Trading is expected to open on April 29, with the exact time to be announced.
According to Binance, users who meet the required Alpha Points threshold will receive their HAEDAL airdrop within 10 minutes after trading starts. The threshold will be announced on April 29.
Alpha Points is a scoring system designed to measure user engagement within the Binance Alpha and Binance Wallet ecosystem.
Loopscale, a DeFi protocol on Solana, was hacked on April 26, resulting in a loss of over $5.8 million, equivalent to 12% of its TVL. The cause was identified as a mispricing of RateX-based collateral. The team is actively investigating, working to recover funds and protect users. Previously audited by OShield, Loopscale is undergoing an additional audit by Sec3. This incident adds to the list of major 2025 hacks, alongside Bybit, KiloEX, and Infini. Some platform functions have been restored.
Alex Gluchowski, founder of ZKsync and CEO of Matter Labs, shared on X that Ethereum is the "World Computer" and still maintains strong product-market fit. While ecosystems like a "decentralized Nasdaq" and "decentralized SWIFT" are emerging downstream, Ethereum remains the true moat.
According to Gluchowski, Ethereum lays the foundation for the "Internet of Value," with credible neutrality as its defining feature. If Ethereum maintains this status, value will continue to flow into ETH, whether directly or indirectly. However, just as the Internet doesn’t run on a single server, the Internet of Value won’t rely on a single blockchain. Ethereum’s future lies in being a secure base layer for a vast, decentralized blockchain network — but to succeed, it must play to its core strengths. Source: https://x.com/gluk64/status/1915836319856529762