BNB falls below 640 USDT with a reduced increase of 2.95% in 24 hours
On June 24, 2025, at 15:33 (UTC). According to Binance market data, BNB has fallen below 640 USDT and is now trading at 639.700012 USDT, with a reduced increase of 2.95% in 24 hours. $BNB
Stablecoins could become an essential source of funding for the U.S. government
According to Odaily, the GENIUS Act was passed by the U.S. Senate this week, potentially positioning stablecoins as a significant funding source for the U.S. government. U.S. Treasury Secretary Besant praised the GENIUS Act, suggesting that a regulated and expanding stablecoin market could create new buyers for U.S. government debt, thereby increasing private sector demand for U.S. Treasury securities. Besant previously informed the U.S. House Financial Services Committee in May that there are speculations that the stablecoin market could require up to $2 trillion in U.S. government securities in the coming years. However, analysts warn that the stablecoin industry is unlikely to fully resolve the challenges of U.S. government debt financing and could introduce additional risks. The increase in demand for stablecoins will take time to develop, while the U.S. Treasury needs to issue a substantial amount of debt securities within the year. If issues arise that prevent the Federal Reserve from lowering interest rates, the U.S. deficit could become uncontrollable.
Bitcoin ($BTC ) falls below 109,000 USDT with a decrease of 0.66% in 24 hours On May 27, 2025, at 14:33 (UTC). According to Binance market data, Bitcoin has fallen below 109,000 USDT and is now trading at 108,882.28125 USDT, with a slight decrease of 0.66% in 24 hours.
$SOL Faces Early Signs of Downward Pressure Amid Negative Funding Rates
According to Foresight News, data from Glassnode shows that SOL is currently the only cryptocurrency among the top ten digital assets, excluding stablecoins, with a negative funding rate. The rate stands at -0.0002%, which is relatively minor but may suggest the early formation of downward pressure.
Retail investors remain cautious in the Bitcoin market
According to Odaily, CryptoQuant reported that retail investors remain hesitant in the current Bitcoin market. Unlike previous market peaks, the trading volume of active retail participants remains below last year's average level. This indicates a cautious approach among retail investors, reflecting a lower degree of trading activity and engagement in the market.
Binance Price News: Bitcoin reaches a new all-time high of $109,545, amidst easing trade tensions and regulatory optimism. On May 21, 2025, Bitcoin (BTC) surged to a new all-time high of $109,545, surpassing its previous peak of $109,114 achieved earlier this year. This milestone comes as global trade tensions ease and regulatory developments favor the cryptocurrency market.
Ethereum (ETH) falls below 2,500 USDT with a slight increase of 0.05% in 24 hours On May 21, 2025, at 17:25 (UTC). According to Binance market data, Ethereum has fallen below 2,500 USDT and is now trading at 2,493.840088 USDT, with a slight increase of 0.05% in 24 hours.
#BinanceNews XRP is facing short-term downside risks in the context of bullish long-term projections. According to Cointelegraph, XRP experienced a significant rebound, increasing by over 50% in the last month after reaching a local low of $1.80. This rise is attributed to improved risk appetite and anticipation of an 'altseason'. However, recent technical patterns suggest short-term downside risks for the cryptocurrency. A double top formation near $2.65 indicates a possible trend reversal, with the pattern consisting of two distinct peaks and a neckline around $2.47. After the second peak, XRP fell below this neckline, confirming a bearish setup. This break suggests a potential decline towards $2.30 if buyers fail to push the price above $2.65, signaling weakening momentum after a robust rally.
BTC/USDT, ETH/USDT, SOL/USDT, XRP/USDT, and DOGE/USDT
$BTC $ETH …. According to Binance Futures data, in the last 24 hours, the trading pairs BTC/USDT, ETH/USDT, SOL/USDT, XRP/USDT, and DOGE/USDT have led the USD-M perpetual futures market in trading volume. Long/short ratio of BTC/USDT perpetual futures: 0.81, funding rate: 0.0084%. Long/short ratio of ETH/USDT perpetual futures: 2, funding rate: 0.0100%. Long/short ratio of SOL/USDT perpetual futures: 2.01, funding rate: 0.0059%.
Copy Trading Explained: Trade Like a Pro Without the Stress 2025-03-07 Main Takeaways Copy trading lets you mirror expert traders’ strategies automatically, making it easier for beginners and busy investors to participate in the crypto market.While copy trading offers convenience and learning, success depends on understanding what copy trading is, knowing what metrics are important for you when choosing a trader to follow, managing risk, and staying engaged.Binance Copy Trading allows users to follow seasoned traders while maintaining flexibility and control.
Hong Kong regulator approves tokenized securities plans
Hong Kong regulator approves tokenized securities plans According to BlockBeats, Guotai Junan International announced that the Hong Kong Securities and Futures Commission (SFC) has determined there are no further issues with its submitted business plans for the distribution of tokenized securities and the issuance of digital bonds. On January 21, 2025, Guotai Junan International submitted a wealth management business plan to the SFC, aiming to distribute tokenized securities to clients and provide related advisory services. The plan includes tokenized securities linked to various underlying assets, such as structured products (including structured notes and over-the-counter derivatives), SFC-recognized and non-recognized funds, and bonds.
The EU is considering legislation aimed at improving the transparency of cryptocurrency transactions
According to PANews, the President of the Eurogroup and Minister of Finance of Ireland, Paschal Donohoe, announced at the European Summit on Combating Financial Crime 2025 in Dublin that the European Union intends to legislate on the requirements for cryptocurrency service providers to record the transaction details of both parties involved. This proposal aims to redefine the fund transfer mechanism by mandating cryptocurrency service providers to retain data on the sender and recipient of the funds. Donohoe emphasized the importance of expanding such financial regulations to effectively address transparency issues related to cryptocurrencies.
BNB exceeds 620 USDT with a 3.04% increase in 24 hours On May 8, 2025, at 15:25 (UTC). According to Binance market data, BNB has surpassed the 620 USDT threshold and is now trading at 620.409973 USDT, with a slight increase of 3.04% in 24 hours. $BNB
Bitcoin (BTC) surpasses 100,000 USDT with a 3.45% increase in 24 hours On May 8, 2025, at 15:25 (UTC). According to market data from Binance, Bitcoin has crossed the threshold of 100,000 USDT and is now trading at 100,381.796875 USDT, with a 3.45% increase in 24 hours.
#BinanceNews $BNB Surpasses 610 USDT with a 1.44% Increase in 24 Hours According to Binance Market Data, BNB crossed the 610 USDT benchmark and is now trading at 610.75 USDT, with a 1.44% increase in 24 hours.
The bill on the regulation of stablecoins in a context of political tensions
#BinanceNewsUpdates The Senate will vote on the bill regulating stablecoins in a context of political tensions According to BlockBeats, the Senate Majority Leader, John Thune, has introduced a motion to end the debate on the GENIUS Act, officially known as the Stablecoin Innovation Act of 2025. A crucial procedural vote is scheduled for Thursday. The bill, led by Bill Hagerty, requires that stablecoins be fully backed by liquid assets such as the US dollar or short-term Treasury bonds. To be adopted, the bill requires 60 votes, with the current composition of the Senate being 53 Republicans and 47 Democrats, necessitating the support of at least seven Democrats.
Launch of the first national cryptocurrency tourism payment system
Bhutan and Binance Pay launch the first national cryptocurrency tourism payment system Cryptocurrency-powered tourism: a world first In a historic move announced on May 7, 2025, Bhutan unveiled a national tourism payment infrastructure that allows international visitors to pay for everything – from visa fees and flights to accommodations, tour guides, and local markets – using cryptocurrencies supported by Binance Pay.