⚡️ JUST IN: The first major token unlock for the $TRUMP memecoin is set for April 18, releasing 40 million tokens worth $431 million, or 20% of the circulating supply. #TrumpCrypto #Binance
🔥 NEW: CZ will donate 500 $BNB each to Myanmar and Thailand, seeking an on-chain donation solution with DID—or else Binance will handle the distribution. $BNB #bnb
Sygnum, a crypto-focused bank with headquarters in Zurich and Singapore, has reached a valuation of $1 billion following a $58 million funding round. The investment was led by Fulgur Ventures, with participation from both existing and new investors. Sygnum plans to utilize the funds to expand its presence in Europe, launch operations in Hong Kong, and enhance its infrastructure and product offerings. The company, which offers services such as crypto trading, asset custody, and interest-earning accounts for institutional clients, has reported significant revenue growth in 2024.
Bitcoin's Potential Surge Under Trump Administration
Analysts predict that Bitcoin could reach up to $400,000 in 2025, driven by expectations of favorable cryptocurrency policies from the incoming Trump administration. Bitcoin experienced a significant rise of over 120% in 2024, surpassing $100,000, fueled by Trump's election victory and his promise to end previous regulatory constraints on crypto. Experts from firms like VanEck and Standard Chartered foresee peaks between $120,000 and $250,000 due to anticipated institutional investments and the approval of spot Bitcoin ETFs. The potential creation of a strategic national Bitcoin reserve and a more lenient regulatory framework are expected to further drive demand and mainstream adoption.