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Trump flips the script on crypto: “I’m a big crypto fan now.” He claims the U.S. is “leading China in crypto” a bold move from the same man who once called Bitcoin a scam.
Could this be a game-changer for the 2024-2025 crypto landscape?
Fueling Bullish Momentum, Bitcoin Miners Shift to Accumulation Mode
In a significant shift that could alter the trajectory of Bitcoin’s price, miners are no longer selling — they’re accumulating. This marks the end of a months-long distribution phase and may signal renewed confidence in the world’s largest cryptocurrency as it hovers around the $75,000 mark. From Selling to Stacking Sats According to recent data from on-chain analytics firm Glassnode, Bitcoin miner wallet balances have grown by approximately 2,708 BTC between April 12 and May 13. While this repr
The reported event signifies a burning of USDC tokens by the USDC Treasury on the Ethereum blockchain. Burning is the process of permanently removing tokens from circulation, typically done by transferring them to an irrecoverable (burn) address.
Key points about this event:
Amount burned: 60 million USDC (valued at ~$59.99 million)
Network: Ethereum
Time of transaction: 16:45 UTC+8
Reported by: Whale Alert, via PANews
Why it matters:
Burning USDC can indicate a redemption process, where users or institutions exchange USDC for an equivalent amount of USD, prompting Circle (the issuer) to remove the corresponding tokens from circulation.
It can also reflect supply adjustments, regulatory compliance, or on-chain activity related to liquidity and treasury management.
Jenner’s Meme Coin Drama Hits Court—Case Dismissed - For Now
A California federal judge has temporarily dismissed a class-action lawsuit filed against Caitlyn Jenner and her partner Sophia Hutchins. The suit, brought by British investor Lee Greenfield, alleges over $40,000 in losses tied to the JENNER meme coin.
Greenfield claims the token launched on Solana, only to be reissued on Ethereum days later—causing the original to tank. He also cited the promotion of a separate memecoin, BBARK, and alleged that Jenner’s team profited from a 3% transaction fee on the Ethereum version.
Judge Stanley Blumenfeld Jr. ruled that Greenfield failed to show the transactions were covered by U.S. law. He has until May 23 to provide more evidence.
The case highlights growing legal scrutiny around celebrity-backed crypto projects—especially after Jenner's prior links to controversial crypto promoter Sahil Arora.
By [Sartaj Shahidzai] Ethereum, the world’s leading smart contract platform, has solidified its dominance in the rapidly evolving Real-World Asset (RWA) tokenization sector. As traditional finance continues to merge with decentralized technologies, Ethereum's robust infrastructure and first-mover advantage have enabled it to capture a significant share of this burgeoning market. Real-World Assets on the Blockchain Real-World Assets (RWAs) refer to physical or traditional financial assets—such as
Japanese company Metaplanet just made a bold move—buying 1,241 more Bitcoins, worth about $182 million. That brings their total stash to a massive 6,796 BTC, which is around $704 million today.
To put it in perspective, they’re becoming Japan’s version of MicroStrategy—betting big that Bitcoin is the future. It looks like they’re all-in on crypto as a long-term strategy.
Imagine buying thousands of Bitcoin while most companies still play it safe. Metaplanet isn’t just watching the crypto wave—they’re riding it full speed.
🔥 Gold Meets DeFi: How Crypto is Turning "Boomer Metal" into a Yield Machine 🔥 For centuries, gold was the OG safe haven—solid, reliable, but let’s be honest, kinda boring. You bought it, stuck it in a vault, and prayed inflation didn’t eat your gains. Enter DeFi—now, gold isn’t just sitting pretty; it’s working overtime. ### 💰 From Dull to Dynamic: Gold Gets a DeFi Glow-Up Thanks to blockchain, gold is shedding its old-school image and becoming a 24/7 tradable, yield-generating powerho
$BNB $BTC Key Global Economic Events to Watch Next Week
As global markets continue to monitor economic signals amid uncertainty over inflation and monetary policy, several high-impact events are scheduled for the upcoming week, according to BlockBeats. These events include speeches by major Federal Reserve officials, crucial inflation data releases from the U.S., and an important diplomatic meeting between the U.S. and China.
Monday: U.S.-China Dialogue and Fed Speeches The week begins with key remarks from Federal Reserve Governor Adriana Kugler and other central bank officials. In parallel, Chinese Vice Premier He Lifeng will meet with U.S. Treasury Secretary Janet Yellen during his visit to Switzerland, running from May 9 to 12. This dialogue, part of ongoing Sino-U.S. economic and trade discussions, may signal developments in international economic relations.
Tuesday: U.S. CPI in Focus On Tuesday, the U.S. will release its Consumer Price Index (CPI) data for April. This widely-watched inflation gauge will offer insight into price trends and could influence future Federal Reserve policy decisions. Investors and policymakers alike will be closely analyzing whether inflation is continuing to cool or remains persistent.
Thursday: A Busy Day for U.S. Economic Data and Fed Activity Thursday will be particularly data-heavy. The U.S. will release its Producer Price Index (PPI) for April, alongside the latest weekly initial jobless.
Friday: Inflation Expectations Update On Friday, the preliminary reading for the U.S. one-year inflation expectations for May will be released. This metric, often derived from the University of Michigan's consumer survey, is a critical gauge of how households perceive future inflation—a factor that can influence actual inflation outcomes and monetary policy.
Conclusion With a packed calendar of speeches, data releases, and international meetings, next week promises to be pivotal for market watchers and policymakers.
Bitcoin Roars Past $105K — But Is It the Real Deal or a Market Mirage? The king of crypto has shaken off the dust and surged past $105,000, igniting excitement across the market as it eyes the elusive $106K resistance. According to Odaily, this marks a multi-month high, setting the stage for what some believe could be the second act of Bitcoin’s 2025 bull run. But not everyone is popping champagne yet. Crypto analyst Rekt Capital emphasizes one critical number: $104,500. For this rally to stick,