On Binance, you can trade operations between BTC (Bitcoin) and WBTC (Wrapped Bitcoin). WBTC is an ERC-20 standard token on the Ethereum blockchain that represents Bitcoin at a 1:1 ratio. It was created to use Bitcoin within the DeFi ecosystem on Ethereum.
#BinancePizza * Bitcoin Pizza Day: Every year on May 22, the crypto community celebrates Bitcoin Pizza Day in memory of the first purchase of a physical item with bitcoins in history. On this day in 2010, programmer Laszlo Hanyecz paid 10,000 bitcoins for two Papa John's pizzas. * Promotions from Binance: Binance traditionally holds various promotions and giveaways in honor of Bitcoin Pizza Day. For example, in 2024, Binance offered users the chance to invite friends for trading and win a share of 500,000 USDT in token vouchers. * PIZZA Token: There is also a BRC-20 token called PIZZA, which has gained popularity. In June 2024, its price exceeded 6 dollars.
#CryptoRegulation * Possible delay in cryptocurrency regulation reform: A legal expert warned that significant reform of cryptocurrency regulation in the United States may be postponed until 2029 if Congress does not pass the GENIUS bill on stablecoins in a timely manner. Messari founder Ryan Selkis supported this view, emphasizing that if the bill is not passed this week, crypto reform may face significant obstacles during the current term of President Donald Trump.
#CryptoRoundTableRemarks * The fourth round table, held on May 12, 2025, focused on tokenization, particularly on the topic "Moving Assets On-Chain: Where TradFi and DeFi Meet". * SEC Chair Gary Gensler delivered the keynote address at the round table on tokenization, emphasizing the potential of on-chain securities and the need to adapt SEC rules to foster innovation while simultaneously protecting investors. He identified issuance, custody, and trading as key areas of regulatory focus. * Commissioner Caroline A. Crenshaw expressed concerns about the large-scale restructuring of the financial system on blockchain, questioning whether it addresses specific existing dysfunctions and whether it is appropriately covered by the current level of participation in the crypto market. * The aim of the round tables is to facilitate the creation of a "rational, targeted regulatory framework" for digital assets.
#CryptoCPIWatch CPI Forecast: Inflation in the U.S. is expected to be 2.4–2.5% year-over-year for April. If the actual data is lower than expected, this could strengthen expectations for interest rate cuts by the Federal Reserve, positively impacting cryptocurrencies.
Market Reaction: Historically, lower inflation figures have contributed to rising prices for Bitcoin and other cryptocurrencies, as investors view them as a hedge against inflation and an alternative to traditional assets.
#TradeWarEases * Negotiations in Geneva: High-level representatives of the USA and China held two days of negotiations in Geneva, Switzerland, on May 10-11, 2025. Both sides described these negotiations as "productive" and reported "significant progress" in resolving differences. * Joint Statement: In a joint statement issued on May 12, 2025, the USA and China acknowledged the importance of their bilateral economic and trade relations for both countries and the global economy. They agreed to move forward in the spirit of mutual openness, continued communication, cooperation, and mutual respect.
#ETHCrossed2500 * Price Jump: ETH experienced a significant surge, breaking through the $2500 level after a period of consolidation below $2000. * Pectra Update: A key factor in this rise is the recent Pectra update, which enhances staking efficiency, validator performance, and layer two scalability, making the network more attractive. * Restoration of Trust: This breakthrough indicates a restoration of investor confidence in Ethereum. * Technical Indicators: Technical indicators suggest a positive outlook for Ethereum in the near term. * Market Sentiment: Overall sentiment regarding ETH appears optimistic.
#AltcoinSeasonLoading The Altcoin Season Index currently stands at 16, which means that only 16% of the top 100 altcoins have outperformed Bitcoin over the last 90 days. For an altcoin season to begin, this index needs to exceed 75.
Bitcoin's dominance has decreased from over 65% to 63.89%, indicating a potential rotation of capital from Bitcoin to altcoins.
Ethereum (ETH) has risen by almost 13% in the last 24 hours, while altcoins such as Solana (SOL), Dogecoin (DOGE), and Cardano (ADA) have each added over 6%.
#CryptoComeback Return of Individual Players and Projects: * Sofi is re-entering the crypto market: Financial technology company Sofi plans a large-scale return to the cryptocurrency market following changes in regulatory policy in the US. They intend to integrate cryptocurrency and blockchain capabilities into all their products. * GameStop and Bitcoin: GameStop is making "bold moves" towards Bitcoin, viewing cryptocurrency as a central part of its strategy for 2025 to regain relevance and investor trust. * Return of Major Banks: Deutsche Bank and Standard Chartered are expanding their cryptocurrency operations in the US amid an improved regulatory environment.
US-UK Trade Deal: The announcement of a new trade agreement between the US and the UK has contributed to increased market optimism, positively impacting the price of Bitcoin.
Institutional Investments: In the past three weeks, $5.5 billion has flowed into digital asset funds, of which $1.8 billion is in Bitcoin products, indicating growing interest from institutional investors.
Decreased Correlation with Traditional Assets: Analysts note that Bitcoin is showing a change in correlations with traditional asset classes, particularly a strong inverse correlation with the steepness of the Treasury yield curve, making it more attractive as a portfolio diversifier.
#StripeStablecoinAccounts Today, an important announcement was made regarding the integration of stablecoins into the Stripe payment system. The company announced the launch of Stablecoin Financial Accounts, which will be available for businesses in 101 countries. Here are the main points of this news: * Launch of Stablecoin Financial Accounts: Stripe introduces a new feature that will allow businesses to hold funds in stablecoins, receive payments in both cryptocurrency and traditional fiat currencies, as well as make global payments in stablecoins. * Support for USDC and USDB: At launch, Stablecoin Financial Accounts will support USD Coin (USDC) and the proprietary stablecoin from the recently acquired Stripe company Bridge – USDB. Support for other stablecoins is planned to be added in the future.
#BTCBreaks99K Key levels to watch: * Resistance: The nearest psychological resistance is at the level of 100,000 dollars. Some analysts see targets around 105,000 dollars and even a retest of the historical maximum (around 109,000 dollars). * Support: In the event of a pullback, support levels around 97,000 dollars and possibly 95,000 dollars are being monitored.
#BTCBreaks99K Key levels to watch: * Resistance: The nearest psychological resistance is at the level of 100,000 dollars. Some analysts see targets around 105,000 dollars and even a retest of the historical high (around 109,000 dollars). * Support: In the event of a pullback, support levels around 97,000 dollars and possibly 95,000 dollars are being monitored.
#BTCPrediction * Most analysts maintain a bullish outlook on Bitcoin in the long term. * Factors such as institutional adoption (especially through ETFs), limited supply after halving, and macroeconomic factors are expected to contribute to price growth.
#MEMEAct * Congressional Investigation into Trump's Crypto Projects: The U.S. Congress has launched an investigation into a potential conflict of interest related to Donald Trump's connections with crypto projects. Special attention is being paid to the launch of the meme coin TRUMP.
#USHouseMarketStructureDraft * New discussion draft on the structure of the digital asset market: House Republicans introduced a new draft titled "Digital Asset Market Structure Discussion Draft" on May 5. * Reducing the influence of large crypto firms: According to the CEO of Paradigm, this draft could reduce the dominance of large crypto firms and promote broader participation in the market. * Changes in the definition of "affiliate": The draft defines an affiliate as anyone who owns more than 1% of a digital product issued by the project, compared to 5% in the previous bill FIT21. This could limit the influence of large crypto firms.
#FOMCMeeting Currently, a meeting of the Federal Open Market Committee (FOMC) of the U.S. Federal Reserve is taking place, which started today and will conclude tomorrow, May 7, 2025. This is one of eight regular meetings held annually to discuss economic prospects and determine the course of monetary policy.
#MarketPullback * Not every pullback is a buying opportunity. Sometimes what looks like a pullback may turn out to be the beginning of a deeper correction or trend reversal. * Always use risk management strategies such as stop-loss orders to limit potential losses. * Conduct thorough market analysis and use a combination of technical indicators to confirm your trading decisions.
#USStablecoinBill * Unexpected turn for the Democrats: Nine Democratic senators who previously supported the GENIUS bill have now stated that they will not support it in its current form. They expressed concerns about insufficient guarantees in the areas of anti-money laundering (AML), restrictions on foreign issuers, national security, and consumer protection. * Bill at risk: To advance the bill, 60 votes are needed in the Senate, while Republicans hold only 53 seats. The loss of support from the nine Democrats raises doubts about the future of the bill. * Previous progress: The GENIUS bill, led by Senator Bill Hagerty, received approval from the Senate Banking Committee in March, including votes from four Democrats who have now withdrawn their support. * Essence of the bill: The bill aims to create the first federal regulatory framework for payment stablecoins. It will require stablecoins to be fully backed by liquid assets and prohibit issuers from engaging in lending.