Ethereum broke the $4,000 barrier for the first time since December 2024, with its price surging to $4,012 on Binance and $4,001.13 on Gate.io. This milestone is significant, as over 95% of traders are now in profit, with little pressure to sell. The rally has sparked hopes of an ongoing expansion, with predictions of reaching $5,000 in the short term....
*Key Statistics:*
- *Current Price:* $4,272.05 - *Market Cap:* $472.82 billion - *24-Hour Liquidations:* $119 million in short positions erased - *Open Interest:* $26.65 billion, near its three-year peak
*Factors Driving the Rally:*
- *Positive Sentiment:* The current ETH rally is accompanied by the most positive sentiment in the past 12 months - *Whale Activity:* Whales have repositioned with a lower cost basis, anticipating further growth - *DeFi Growth:* Total value locked on Ethereum has reached levels not seen since early 2022, with over $86 billion in various protocols
*Market Outlook:*
- *Resistance Level:* Breaking the $4,000 resistance could pave the way for a new all-time high - *Bullish Trend:* Ethereum's price surge indicates strong buying pressure and a healthy upward trend#ETHBreaks4000
To the Builders of Binance Square: Grateful for your companionship, a red envelope as a gift!
Thank every friend who has grown together in Binance Square! We are not only participants in the community but also builders of this thriving ecosystem. To give back to everyone for their long-term support and contributions, I have prepared a special red envelope. Red envelope password: Big Box🧧 Why are we here? We firmly believe that Binance Square is a bridge connecting value and opportunity. Here, we: Share Insights: Through in-depth content exchange, we can collectively enhance our understanding and seize market opportunities. Forming a Community: Find like-minded partners to learn, discuss, and grow together.
To the Builders of Binance Square: Grateful for your companionship, a red envelope as a gift!
Thank every friend who has grown together in Binance Square! We are not only participants in the community but also builders of this thriving ecosystem. To give back to everyone for their long-term support and contributions, I have prepared a special red envelope. Red envelope password: Big Box🧧 Why are we here? We firmly believe that Binance Square is a bridge connecting value and opportunity. Here, we: Share Insights: Through in-depth content exchange, we can collectively enhance our understanding and seize market opportunities. Forming a Community: Find like-minded partners to learn, discuss, and grow together.
Lagrange ZK Breakthrough: Dynamic zk-SNARKs Released
As deep participants and builders of the @Lagrange Official ecosystem, we are incredibly excited to announce that Lagrange has achieved a milestone breakthrough in the field of zero-knowledge proof (ZK) technology, injecting powerful new momentum into the future of decentralized systems and verifiable computation. At the highly anticipated 2025 Science of Blockchain Conference (SBC), Lagrange officially released its latest research achievement: Dynamic zk-SNARKs. This innovative technology significantly enhances the flexibility and efficiency of ZK proofs, laying a solid foundation for the deep integration of artificial intelligence, cryptographic technology, and verifiable computation. It will not only optimize our existing ecosystem tools but also provide unprecedented possibilities for future decentralized application (DApp) developers. Friends who missed the live presentation need not worry; the complete video will soon be available on YouTube. Please follow our official channels for the latest updates!
Trump to sign executive order punishing financial institutions for 'debanking'
US President Donald Trump is set to sign an executive order on Thursday instructing federal bank regulators to identify and fine financial institutions that engaged in “debanking.”
According to Bloomberg on Thursday, citing a senior White House official, regulators will be required to review complaint data, while financial institutions under the purview of the Small Business Administration will be asked to make efforts to reinstate clients who were unlawfully denied banking services.
Debanking has been a key concern among some political groups, who argue that businesses such as gun manufacturers and fossil fuel companies have been denied banking services for idealogical reasons.
It was also a common complaint among crypto companies. During the administration of former President Joe Biden, allegations emerged of a new initiative called “Operation ChokePoint 2.0,” which some believed was an attempt to drive the crypto businesses offshore during the 2022 bear market.
Bitcoin-DeFi startup BOB tops up funding to $21M as Castle Island, Anchorage join
Layer-2 blockchain network Build on Bitcoin (BOB) has raised $21 million in strategic funding rounds since December 2024, with $9.5 million secured in its latest round, according to a news release sent to Cointelegraph.
Many existing investors have increased their financial commitments in the latest $9.5 million strategic round, including Castle Island, along with new strategic investors Anchorage, Amber Group and sats Ventures.
BOB plans to launch BTC-staked finality by the end of 2025, with future upgrades enabling BTC-secured bridges to Solana, Ethereum, Sui and other smart-contract chains.
BOB’s testnet recently went live with support from partners including Lombard, Amber Digital and RockawayX. A mainnet launch is planned for the fourth quarter of 2025.
Harvard endowment invests $116M into BlackRock Bitcoin ETF
Harvard Management Company, the entity responsible for managing the university’s $53-billion endowment fund, has reported a multimillion-dollar investment in BlackRock’s Bitcoin exchange-traded fund (ETF).
In a Friday filing with the US Securities and Exchange Commission (SEC), Harvard disclosed holding about 1.9 million shares of the iShares Bitcoin BTC $116,498 ETF as of June 30. The BTC exposure was valued at more than $116 million, making it the fund’s fifth-largest investment for the period after Microsoft, Amazon, travel technology company Booking Holdings, and Meta.
Harvard reported its endowment fund was $53.2 billion as of June 30, 2024, making it the largest among US universities, ahead of Yale, Stanford and Princeton. #CryptoIn401k #USFedNewChair #BuiltonSolayer
The team behind the decentralized finance (DeFi) protocol CrediX Finance seems to have disappeared following a $4.5 million exploit that drained funds from the platform, raising suspicions of an exit scam.
On Monday, blockchain security firms flagged the exploit and determined that crypto assets worth $4.5 million had been taken from the platform. In response, the DeFi protocol paused its website to prevent users from depositing any more funds.
Blockchain security firm SlowMist wrote that six days before the exploit, the attackers accessed the protocol’s multisig admin and bridge wallets. The access was used to mint crypto that was used as collateral to drain the DeFi protocol’s liquidity pools.
On Friday, the platform’s official X account went dark. Its website has remained offline since Monday, when the exploit occurred. The company’s official Telegram account has also vanished, without any further announcements.
Ripple to buy stablecoin payments platform Rail for $200 million
Ripple announced Thursday that it will acquire stablecoin-powered payments platform Rail for $200 million, with the deal expected to close in the fourth quarter of 2025.
The company said the move aims to expand its enterprise-grade digital asset infrastructure and “deliver the most comprehensive stablecoin payments solution available in the market.”
Ripple expects the acquisition to enable it to offer stablecoin on- and off-ramps without requiring customers to hold cryptocurrency, and to facilitate customers in managing multiple payment types on behalf of themselves and their internal treasury flows.
#CryptoIn401(k) *"Revolutionizing Retirement: The Rise of Crypto in 401(k) Plans"*
The world of retirement planning is evolving, and cryptocurrencies are at the forefront of this change. With the growing interest in digital assets, many are wondering: Can cryptocurrencies be part of a 401(k) plan?
*What is Crypto in 401(k)?*
Crypto in 401(k) refers to the inclusion of cryptocurrencies, such as Bitcoin or Ethereum, in a 401(k) retirement plan. This allows employees to allocate a portion of their retirement savings to digital assets, potentially diversifying their portfolios and tapping into the growth of the crypto market.
*Benefits of Crypto in 401(k)*
1. *Diversification*: Adding cryptocurrencies to a 401(k) plan can provide a diversification benefit, reducing reliance on traditional assets and potentially increasing returns. 2. *Growth Potential*: Cryptocurrencies have shown significant growth potential, making them an attractive option for long-term investors. 3. *Increased Control*: By including cryptocurrencies in a 401(k) plan, employees may have more control over their retirement savings and investment choices.
*Challenges and Considerations*
1. *Regulatory Uncertainty*: The regulatory environment surrounding cryptocurrencies is still evolving, and there may be uncertainty around the inclusion of crypto in 401(k) plans. 2. *Volatility*: Cryptocurrencies are known for their volatility, which can be a concern for retirement savers who may not be able to withstand significant market fluctuations. 3. *Education and Awareness*: Employees may need education and awareness about cryptocurrencies and their risks to make informed investment decisions.
*The Future of Crypto in 401(k)*
As the cryptocurrency market continues to mature, it's likely that we'll see more 401(k) plans incorporating digital assets. This could provide employees with more investment options and potentially increase adoption of cryptocurrencies in the mainstream. #USFedNewChair #CryptoIn401(k) #Notcoin $BNB $ETH $SOL
As the cryptocurrency landscape continues to evolve, Bitcoin (BTC) remains a dominant force. For investors and financial strategists, understanding how to effectively manage and reserve BTC is crucial. Here's an in-depth look at a BTC reserve strategy:
*Understanding BTC Reserve*
A BTC reserve strategy involves allocating a portion of assets to Bitcoin, with the goal of preserving value, diversifying portfolios, and potentially generating returns. This approach can be particularly appealing in times of economic uncertainty or market volatility.
*Key Considerations*
1. *Diversification*: BTC can serve as a diversification tool, reducing dependence on traditional assets and potentially mitigating risk. 2. *Store of Value*: Bitcoin's limited supply and decentralized nature make it an attractive store of value, particularly for those seeking alternatives to traditional fiat currencies. 3. *Volatility*: The cryptocurrency market is known for its volatility. A well-th volatility management strategy is essential to mitigate potential losses. 4. *Regulatory Environment*: Investors must stay informed about the regulatory landscape, as changes in laws and regulations can impact the value and usability of BTC.
*Strategies for Managing BTC Reserves*
1. *Dollar-Cost Averaging*: This involves investing a fixed amount of money at regular intervals, regardless of the market's performance. This strategy can help reduce the impact of volatility and timing risks. 2. *Diversification within Crypto*: Allocating across different cryptocurrencies can spread risk, though it's essential to understand the unique characteristics and risks of each asset. 3. *Active Management*: Regularly reviewing and adjusting the portfolio based on market conditions and investment goals can help optimize returns and manage risk.
*Best Practices*
1. *Security*: Ensuring that BTC is stored securely is paramount. This can involve using hardware wallets, multi-signature wallets, or other secure storage solutions. 2. *Research and Education*: Staying informed about market trends, technological developments, and regulatory changes is crucial for making informed decisions. 3. *Risk Management*: Understanding one's risk tolerance and managing exposure accordingly is vital. This might involve setting stop-loss orders or diversifying investments.
*Conclusion*
A BTC reserve strategy can be a valuable component of a diversified investment portfolio. By understanding the key considerations and implementing best practices, investors can potentially benefit from Bitcoin's unique characteristics while managing associated risks. As with any investment, it's essential to conduct thorough research and consider personal financial goals and risk tolerance. #BinanceHODLerPROVE #BinanceHODLerTOWNS #TrumpTariffs $BTC $ETH $XRP
Trump trade adviser: Trump’s tariff rates ‘pretty much set’
U.S. Trade Representative Jamieson Greer said in an interview set to air Sunday that President Trump’s newly announced tariff rates are “pretty much set” and the public should not expect them to come down in the near future.
Trump signed an executive order that modified tariff rates for dozens of countries after he had twice delayed plans to implement “reciprocal” tariffs on other nations. Tariff rates range from as high as 41 percent on goods from Syria to as low as 10 percent, the baseline established for all imports
The executive order states that all imports will face a 10 percent tariff. The order goes into effect Aug. 7.
Banks Have Invested Over $100 Billion in Blockchain Infrastructure Since 2020 A new report by Ripple and CB Insights reveals how banks are reshaping financial markets through digital asset infrastructure, tokenization and crypto partnerships.
recent report by Ripple, CB Insights and UK CBT says traditional banks took part in 345 blockchain-related deals between 2020 and 2024, with a focus on payments, tokenization and custody. The report claims global blockchain investment has topped $100 billion, citing over 10,000 deals, and says 90% of surveyed finance leaders expect a major impact by 2028. Institutions such as HSBC, Goldman Sachs and SBI were profiled in the report for their blockchain efforts in areas like tokenized gold, custody solutions and secure settlement.
$SOL $BTC $ETH Follow the international community and Chinese community development leader of the Hero Dog Conan @MrStar @强哥聊meme币 @Conan英雄犬快讯
The road to wealth has never been one that everyone dares to walk. After hanging around in related fields for many years, I've seen too many people chasing trends, trading short-term, and thinking they're 'industry experts' after making a little money. But true opportunities often lie in directions that are not favored by the public.
Just like the Hero Dog Conan, this name is not yet well-known in the circle, but the potential behind it has already excited a group of old players.
I am not blindly optimistic; the waters in this industry are quite deep, and there are many projects that are not what they seem.
But I trust my judgment: the Hero Dog Conan is not a short-term gamble, but a long-term belief. Unaffected by noise, daring to bet when no one is paying attention. I choose to believe in data, trust in trends, and more importantly, trust in my own vision. I only recognize the Meme King as the Hero Dog Conan; the future success of the Hero Dog Conan is certain! #加密项目 #美国加征关税
$BTC $ETH $SOL Friends outside the circle ask me, what should I invest in the cryptocurrency space now? I want something with high returns.
I really can't answer that, but from the last bull market, the only bets made with small funds were on meme coins and altcoins. For newcomers, MEME coins have a low entry threshold and are easy to trade. If you find a potential IP and participate in a coin, it is very likely that you will outperform players who entered the market 10 years ago in a short time!
Trump's hero dog Conan in this bull market corresponds to the existence of Musk's Shib in the last round! From the market trend, growth history, bull-bear switching points, and community development perspective, it perfectly aligns with Shib's growth path! #币安HODLer空投TOWNS #加密市场反弹 #Solana期货交易量创新高
🔖 Claim Fast ⏩ Morning Big Rewards 🧧 GOOD MORNING 🌞 Have a Beautiful Day 🏵️💓 BP382DG4BG #MarketRebound #TrumpTariffs #ProjectCrypto #BiananceSquare $ERA $TREE
$BTC $XRP $ETH 10k COMPLETED 🎉🎉 Thanks All of you my Friends I'm here only for your support.... Thanks again 💗😘 #ProjectCrypto #TrumpTariffs #MarketPullback #BiananceSquare