Trump Media and Technology Group, founded by former U.S. President Donald Trump, just made a massive move in the crypto space. The company has secured $2.5 billion from around 50 institutional investors and plans to use the entire amount to buy Bitcoin ($BTC).
Bitcoin (BTC) has reached a new weekly record, closing at $109,004, with current trading around $110,093. Analysts suggest that short squeeze pressures on Binance could lead to increased volatility in the near term.
Ethereum (ETH) is trading at $2,566.99, while BNB stands at $676.48, both showing positive momentum.
Binance Square has introduced a new Live Trading feature, allowing users to engage in real-time trading directly within livestreams, enhancing the interactive trading experience.
Circle has minted an additional $250 million USDC on the Solana blockchain this month, totaling $1.5 billion, indicating growing demand for stablecoins on Solana.
Huma Finance (HUMA) has been officially listed on Binance today at 13:00 UTC, following a successful Launchpool event.
Strategy, formerly known as MicroStrategy, has acquired 4,020 BTC for $427 million, bringing its total holdings to 580,250 BTC.