šØ Why Is Crypto Crashing Today? SEC Just Pulled the Rug on XRP, SOL & ADA ETFs!
š What Happened? The SEC just U-turned on its approval for the multi-crypto ETF that included $XRP, $SOL and $ADA āsaying there were "administrative errors" in the initial greenlight . SOL 186.88 -2.02% ADA 0.8154 -1.16% This ETF was supposed to be a HUGE dealāthe first spot ETF holding major alts alongside Bitcoin. But now? Paused indefinitely. š„ Market Reaction:** - XRP dumped -10%, SOL -6.5%, ADA -8% . - Liquidations spiked: Over $800M in longs got wrecked, mostly from altcoins . - Altseason delayed? Investors were banking on ETF inflows to pump alts, but the SECās flip-flop killed the hype #SECvsCrypto #AltcoinCrash #XRPArmy #solana #bitcoin
Powellās Speech Outcome: What It Means for Crypto Markets šŖ
š Date: July 22, 2025 š£ļø Speaker: Jerome Powell, Chairman of the U.S. Federal Reserve š Event: Capital Framework Conference, Washington D.C.
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š§ Key Outcome from Powellās Speech
ā No change in Fed policy. āļø Fed remains cautious, watching inflation before any rate cuts. š¦ Focus was on bank regulations, not monetary easing. š No dovish signals, no timeline for stimulus or rate cuts.
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š§Ø How This Impacts Crypto
1ļøā£ No Rate Cuts = No Fresh Liquidity
Crypto needs easy money to rally. Powell didnāt give any hints of upcoming rate cuts ā short-term pressure on BTC and alts.
2ļøā£ Political Uncertainty Adds Risk
Trumpās comments about replacing Powell if elected are shaking confidence. Investors donāt like unknowns ā risk-on assets like crypto feel the heat.
3ļøā£ ETF Outflows = Bearish Signal
BTC ETFs saw net outflows today. Thatās institutional money stepping back ā could lead to short-term dips.
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š® Market Reaction So Far
š BTC fell below $117K š ETH, SOL, BNB showing weak follow-through ā ļø Altcoins like PENGU and OM seeing scalp trades, not strong trends
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ā TL;DR
Powell kept things steady ā no help forp for buet
Crypto market is in wait-and-see mode
dingect volatility as macro and political stories unfold Exp
How to Withdraw Funds from Binance to Your Bank Account (2025 Guide)
Binance is the worldās top crypto exchange, helping millions buy, trade, and manage digital assets daily. Whether you're just starting out or already trading regularly, knowing how to withdraw your crypto earnings to your bank account is a must.
Hereās a simple step-by-step guide to walk you through the whole process š
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ā Step 1: Complete Your Identity Verification (KYC)
Before you can withdraw fiat currency (like USD, EUR, PKR), Binance needs you to complete KYC (Know Your Customer) verification.
Hereās how to do it:
Log in to your Binance account
Go to Profile > Identification
Submit a valid ID (passport, national ID, or driverās license)
Upload a selfie or complete facial verification
Wait for approval (usually takes a few minutes to a few hours)
š Note: KYC is required for all fiat withdrawals.
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š¦ Step 2: Link Your Bank Account
Once your identity is verified, itās time to link your bank account.
Follow these steps:
Go to Wallet > Fiat and Spot
Click Withdraw and choose Fiat
Select your local currency (e.g., USD, EUR, PKR)
Choose Bank Transfer
Enter your bank details (account number, SWIFT/IBAN, etc.)
Save and verify the info
ā ļø Make sure the name on your bank account matches the name on your Binance profile.
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š° Step 3: Enter the Amount You Want to Withdraw
Now that your bank is linked:
Go to Wallet > Fiat and Spot
Click Withdraw and select Fiat
Choose your currency and Bank Transfer
Enter how much you want to withdraw
Review the fees and the net amount before you submit
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š Step 4: Confirm Withdrawal Details
Before submitting, double-check everything:
Make sure the bank details are accurate
Ensure the currency is correct
Review the fees and estimated arrival time
Once it all looks good, hit Submit.
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š Step 5: Verify the Withdrawal
To keep your account secure, Binance will ask for verification:
š§ Email Code ā Sent to your registered email
š± 2FA Code ā Sent via SMS or from your authenticator app
Enter both to confirm your withdrawal request.
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ā³ Step 6: Wait for the Funds
Now Binance will process your request:
Local transfers: 1ā3 business days
International transfers: 3ā5 business days
Youāll get a confirmation email when the funds are sent
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š Step 7: Check Your Bank Account
Once the transfer is complete:
Log in to your banking app or website
Confirm the funds have arrived
If you notice a delay, contact your bank or Binance Support
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š” Tips for Smooth Withdrawals
Complete full KYC to unlock higher limits
Review all fees before submitting
In some countries, use Binance P2P for quicker withdrawals
Always verify bank details before proceeding
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ā ļø Common Withdrawal Issues
Problem What to Do
Bank not linked ⤠Go to Withdraw > Fiat and add your bank details Funds delayed ⤠Wait up to 5 business days, then contact Support Wrong account info ⤠Cancel and re-submit with the correct info Limits exceeded ⤠Complete full KYC to increase your withdrawal limit
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š§¾ Final Thoughts
Withdrawing from Binance to your bank account is easy and secureāas long as you follow the right steps. Just make sure:
Your KYC is approved ā
Bank details are correct š¦
2FA is enabled š
And if you ever need help, Binance Support is available 24/7.
Happy trading! š
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š Stay Safe
Never share your password or 2FA codes
Bookmark official Binance links to avoid scams
Keep an eye on your email and app for withdrawal updates
Why Is the Crypto Market Down Even After Bitcoin Hit $107K?
$BTC $ETH The crypto world just witnessed a head-scratcher: Bitcoin (BTC) soared past the $107,000 mark, setting a new all-time highāyet the broader market didnāt celebrate. Instead of riding the wave, many altcoins tumbled, and overall market sentiment turned cautious. So, whatās going on? Why did the market pull back even after such a major milestone?
1. Profit-Taking After Bitcoinās Surge
As BTC crossed $107K, many investors decided it was the perfect time to lock in profits. This is a typical market behaviorāwhen prices hit record highs, especially in a fast rally, traders start selling to secure gains. The result? Bitcoin dipped back to around $103K, and the sell-off triggered a ripple effect, dragging other cryptocurrencies down with it.
2. Waiting on U.S. Inflation Data
Traders are also eyeing the upcoming U.S. inflation data, which could impact the Federal Reserveās next moves. Higher-than-expected inflation could mean more interest rate hikesāor at least delays in planned rate cuts. Either scenario could make risk assets like crypto less appealing in the short term. As a result, many investors are sitting on the sidelines, waiting for clarity.
3. ETF Inflows Drying Up
Institutional interest also seems to be cooling. Spot Bitcoin ETFs saw massive inflows earlier this month, including $334.58 million on May 9. But by May 12, that number had dropped to just $5.10 million. This sharp decline suggests that big players may be pausing or pulling back, weakening Bitcoinās upward momentum and overall market support.
4. Coinbase Security Breach
A blow to investor confidence came from Coinbase. The exchange confirmed a serious security breach where scammers bribed third-party customer support agents to access user data. The potential fallout? Losses estimated between $180 million and $400 million. This news has understandably made many investors nervous about the safety of their holdings.
5. Regulatory Crackdown on Illicit Crypto Activity
In another development, authorities shut down Haowang Guarantee, one of the largest online black markets, targeting illicit crypto operations. While this move aims to clean up the space, it also disrupts certain crypto flowsāespecially in gray or black market zones. That adds short-term volatility as the market digests the impact.
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Current Market Snapshot
Bitcoin Price: ~$103,043 (down from the $107,000 high)
Intraday High/Low: $106,540 / $103,043
Altcoin Performance: Ethereum (ETH), Binance Coin (BNB), and Solana (SOL) are down 3ā7%.
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Conclusion
Despite Bitcoinās breakout to $107K, the crypto marketās pullback highlights how profit-taking, macroeconomic uncertainty, reduced institutional buying, and security concerns are creating short-term headwinds. Long-term sentiment remains optimistic, but expect more volatility ahead as investor s navigate a changing global landscape.
$SOL Solana (SOL) Update ā Whatās Next? š š° Current Price: $128.71 (+0.19%) š Todayās High: $131.67 | Low: $127.57 š„ Biggest Solana Updates: ā Market Volatility Rising! ā Crypto is on the move, and SOL is in the spotlight! š Analyst Projections: $250 Soon? ā Some experts see major upside! ā” Regulatory Uncertainty ā Could new policies impact Solanaās future? š® Where Will SOL Go Next? Will Solana surge past $150 or face another dip? With increasing adoption and institutional interest, the next move could be massive!
$BNB do you think bnb will go above 1000 by end of year. Or will it drop. Letās see what the crypto family think please vote letās find out. Thanks
#ETFWatch Exciting developments have been shaking up the crypto ETF space this week. Hereās a quick overview: šø SEC clarifies PoW mining status, potentially paving way for altcoin ETFs šø SEC confirms application for 21Sharesā Polkadot spot ETF šø Canary Capital files application for PENGU ETF with SEC šø NYSE proposes staking for the Bitwise Ethereum ETF šø Ripple CEO predicts an XRP ETF by the end of 2025 šø The first Solana Futures ETFs launched on Thursday, March 20 Which ETF development are you watching most closely?
#VoteToDelistOnBinance Binance will trial the new delisting mechanism with a community-driven approach and we now invite users to participate and vote on the first batch of Vote to Delist projects. Users can vote on projects with the Monitoring Tag that they wish to be delisted.Ā How to Vote: - Each user can vote for up to 5 projects in the Vote to Delist pool, and each verified account can only allocate one vote per project. - Users must be logged in to their verified Binance accounts and hold a minimum of at least 0.01 BNB in their master accounts throughout the Voting Period for their votes to be eligible.
#VoteToListOnBinance now invite users to participate and vote on the first batch of Vote to List projects. How to Vote: - Each user can vote for up to 5 projects, with the option to vote for fewer if desired. Each verified account can only allocate one vote for one project. - Users must be logged in to their verified Binance accounts and hold a minimum of at least 0.01 BNB in their master accounts throughout the Voting Period for their votes to be eligible.
Binance is excited to announce our #RamadanGiveaway!
*Prizes:*
1. *$10,000 in BTC*: One lucky winner will receive $10,000 in Bitcoin! 2. *Binance Gift Cards*: 10 winners will receive Binance Gift Cards worth $100 each! 3. *Exclusive Binance Merch*: 50 winners will receive exclusive Binance merchandise!
*How to Participate:*
1. Follow @Binance on Twitter. 2. Retweet the giveaway post. 3. Tag 3 friends who love crypto!
*Bonus Entry:*
Complete a trade on Binance during Ramadan and get an extra entry!
*Giveaway Rules:*
1. Open to participants worldwide. 2. One entry per person (plus bonus entry for trading). 3. Winners will be announced on the last day of Ramadan.