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The Pakistan Crypto Council (PCC) on Saturday partnered with World Liberty Financial (WLF), a decentralised finance platform backed by United States President Donald Trump, to advance cryptocurrency applications and boost blockchain adoption.
Trump and his affiliates hold a 60 per cent stake in WLF, which launched last year. The US president has promised to regulate the industry favourably and his administration has eased enforcement actions against several big industry players.
A press release from the finance ministry said a WLF delegation visited Islamabad today and signed a letter of intent with the PCC. The delegation comprised Zachary Folkman, Chase Herro and Zachary Witkoff, the son of Trump’s special envoy Steve Witkoff.
“[The] WLF … has signed a landmark Letter of Intent with the PCC to accelerate blockchain innovation, stablecoin adoption and decentralised finance integration across Pakistan,” the press release reads.
#pakistanicrypto
Trump and his affiliates hold a 60 per cent stake in WLF, which launched last year. The US president has promised to regulate the industry favourably and his administration has eased enforcement actions against several big industry players.
A press release from the finance ministry said a WLF delegation visited Islamabad today and signed a letter of intent with the PCC. The delegation comprised Zachary Folkman, Chase Herro and Zachary Witkoff, the son of Trump’s special envoy Steve Witkoff.
“[The] WLF … has signed a landmark Letter of Intent with the PCC to accelerate blockchain innovation, stablecoin adoption and decentralised finance integration across Pakistan,” the press release reads.
#pakistanicrypto
BlackRock’s Bitcoin ETF Attracts Nearly $1 Billion Worth of Inflows in One Day
According to recent data provided by SoSoValue, BlackRock's iShares Bitcoin Trust ETF (IBIT) attracted $971 million worth of inflows in a single day on Monday.
This is the second-largest single-day inflow recorded by IBIT since its inception in January 2024. The massive sum has offset the outflows recorded by other ETF products. The ARK 21Shares Bitcoin ETF (ARKB) was the biggest laggard on Monday, hemorrhaging a total of $226 million.
#AITokensBounce
According to recent data provided by SoSoValue, BlackRock's iShares Bitcoin Trust ETF (IBIT) attracted $971 million worth of inflows in a single day on Monday.
This is the second-largest single-day inflow recorded by IBIT since its inception in January 2024. The massive sum has offset the outflows recorded by other ETF products. The ARK 21Shares Bitcoin ETF (ARKB) was the biggest laggard on Monday, hemorrhaging a total of $226 million.
#AITokensBounce
Cardano (ADA) Golden Cross Finally Confirmed
Cardano (ADA) has recorded a significant spike in its price, rising from $0.6856 to over $0.72 in the last 24 hours. The surge comes as the ninth-largest cryptocurrency by market capitalization recently formed a golden cross on the daily chart. This signals a shift in trend for the asset.
The Moving Average Cross indicator on the daily chart marks ADA’s Golden Cross formation. Notably, the short-term 9-day MA has now crossed above the longer-term 20-day MA.
This development is usually a bullish signal, as the golden cross suggests ADA has potential upward price momentum and a possible shift toward a long-term bull market. This usually comes with strong buying pressure and investor optimism.
#BTCNextATH
Cardano (ADA) has recorded a significant spike in its price, rising from $0.6856 to over $0.72 in the last 24 hours. The surge comes as the ninth-largest cryptocurrency by market capitalization recently formed a golden cross on the daily chart. This signals a shift in trend for the asset.
The Moving Average Cross indicator on the daily chart marks ADA’s Golden Cross formation. Notably, the short-term 9-day MA has now crossed above the longer-term 20-day MA.
This development is usually a bullish signal, as the golden cross suggests ADA has potential upward price momentum and a possible shift toward a long-term bull market. This usually comes with strong buying pressure and investor optimism.
#BTCNextATH
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Binance Academy
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What Is Initia (INIT)?
Key Takeaways
Initia combines Layer 1 and Layer 2. It offers a base blockchain (Initia L1) and a network of customizable rollups, making it easier to build and manage blockchain apps.The Interwoven Stack provides developer-friendly tools out of the box. These include solutions for bridging, governance, liquidity, and more.InitiaDEX powers liquidity across the network, while the VIP program and INIT token rewards active users and projects.
Introduction
Initia is a blockchain project that brings together a Layer 1 blockchain and a network of customizable Layer 2 rollups. The idea is to make it easier for developers to build their own blockchains and apps — without having to deal with all the technical headaches that usually come with it. With built-in tools and infrastructure, Initia helps create a connected, scalable, and easy-to-use multichain ecosystem.
Why Initia?
A lot of blockchain projects leave every decision up to developers, which can slow things down or lead to messy setups. Initia takes a different approach. It makes some of those tough infrastructure choices ahead of time — like how data is stored, how blockchains talk to each other, and how oracles are used — so developers can focus on building great apps.
The result is something called the Interwoven Stack — a set of tools and systems that make it much easier to launch and manage custom blockchains (also known as rollups).
How Initia Works
Initia has three main parts:
Initia L1: The Layer 1 blockchain that everything else connects to.Interwoven Rollups: Custom Layer 2 chains that run on top of Initia L1.Interwoven Stack: A development framework that provides tools, standards, and infrastructure for building and operating rollups and applications.
Initia L1: the base layer
Initia L1 is built using the Cosmos SDK and acts as the main coordination and liquidity layer. As the base layer, it’s involved in various functions, including:
Security: Rollups plug into L1 for security features like bridging tokens, verifying data, and catching fraud.Liquidity: It has a built-in DEX called InitiaDEX, which makes it easy for users and rollups to swap tokens and share liquidity.Communication: L1 helps different rollups talk to each other. It can also help them connect with other blockchain ecosystems.Incentives: The L1 powers reward programs like the VIP (Vested Interest Program) and Enshrined Liquidity.
Interwoven Rollups
Rollups are like mini blockchains built on top of Initia L1. What’s cool about them is how flexible they are. Developers can customize key aspects of their rollup, including:
Virtual machine: You can pick between EVM (for Ethereum compatibility), MoveVM, or WasmVM.Gas and fees: Want to use INIT, stablecoins, your own token, or a combination of assets? Each rollup can set its own fee systems.Transaction ordering: Developers have the option to implement custom methods of transaction ordering, which can be useful for more specific requirements.
Basically, you get to customize your own Layer 2 blockchain without starting from scratch.
The Interwoven Stack
The Interwoven Stack is a suite of tools that simplifies the development and operation of rollups. It gives you the tools you need to launch and manage your rollup from day one. The Interwoven Stack includes:
Prebuilt SDKs for creating rollups and integrating with Initia L1.Native solutions for tasks like bridging, messaging, governance, and liquidity management.A set of standards and templates that help ensure compatibility across the ecosystem.
InitiaDEX
InitiaDEX is the built-in decentralized exchange on Initia L1. It supports Weighted Pools (like Balancer) for trading different assets and StableSwap Pools for trading assets with similar values (like stablecoins).
The DEX is designed to be the main place for rollups to access and share liquidity. It enables both routine and advanced cross-rollup swaps, and serves as a foundation for applications that depend on deep, accessible liquidity.
The DEX also supports Enshrined Liquidity, where certain liquidity pools are approved by governance to serve as staking assets. This helps align network security and economic incentives with market activity.
Ecosystem Rewards
To keep users and developers engaged, Initia runs the Vested Interest Program (VIP). It distributes INIT tokens to rollups and users based on things like:
Total Value Locked (TVL) in a rollup.On-chain activity (like number of transactions).Participation in governance.
This system is designed to reward the projects and users who help grow the network.
Other Tools in the Ecosystem
Initia also includes:
Initia app: A dashboard to explore the ecosystemInitia scan: A block explorerInitia usernames: A name service that works across rollupsInitia multisig: A tool for managing wallets with multiple signers
All of these are built to make the ecosystem easier to use for both developers and end users.
The INIT Token
INIT is the native token of the Initia ecosystem. Here’s what it does:
Gas fees: Used to pay for transactions on both L1 and eligible rollupsStaking: Helps secure the network when users delegate their INITGovernance: Lets holders vote on how the network evolvesRewards: Used in reward programs like VIP to incentivize activity
INIT has a total supply of 1 billion tokens. Some of it goes to staking, some to developers, and some to users through programs like Binance Launchpool.
INITI on Binance Launchpool
On April 17, 2025, Binance announced INIT as the 68th project on the Binance Launchpool. Users who locked their BNB, FDUSD, and USDC during the farming period were eligible to receive INIT rewards. A total of 30 million INIT tokens were allocated to the program, accounting for 3% of the total token supply.
After the farming period, INIT will be listed for trading on Binance with the Seed Tag applied, allowing for trading against the USDT, USDC, BNB, FDUSD, and TRY pairs.
Closing Thoughts
Initia presents a modular, developer-friendly approach to building scalable blockchain applications. It combines a Layer 1 blockchain with customizable rollups and a full toolkit for developers. Initia wants to make it easier to build apps in Web3 without the typical roadblocks that come with multichain setups.
Further Reading
What Is Blockchain and How Does It Work?What Is Layer 1 in Blockchain?What Is Cross-Chain Interoperability?
Disclaimer: This content is presented to you on an “as is” basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial, legal or other professional advice, nor is it intended to recommend the purchase of any specific product or service. You should seek your own advice from appropriate professional advisors. Products mentioned in this article may not be available in your region. Where the article is contributed by a third party contributor, please note that those views expressed belong to the third party contributor, and do not necessarily reflect those of Binance Academy. Please read our full disclaimer for further details. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance Academy is not liable for any losses you may incur. This material should not be construed as financial, legal or other professional advice. For more information, see our Terms of Use and Risk Warning.
Initia combines Layer 1 and Layer 2. It offers a base blockchain (Initia L1) and a network of customizable rollups, making it easier to build and manage blockchain apps.The Interwoven Stack provides developer-friendly tools out of the box. These include solutions for bridging, governance, liquidity, and more.InitiaDEX powers liquidity across the network, while the VIP program and INIT token rewards active users and projects.
Introduction
Initia is a blockchain project that brings together a Layer 1 blockchain and a network of customizable Layer 2 rollups. The idea is to make it easier for developers to build their own blockchains and apps — without having to deal with all the technical headaches that usually come with it. With built-in tools and infrastructure, Initia helps create a connected, scalable, and easy-to-use multichain ecosystem.
Why Initia?
A lot of blockchain projects leave every decision up to developers, which can slow things down or lead to messy setups. Initia takes a different approach. It makes some of those tough infrastructure choices ahead of time — like how data is stored, how blockchains talk to each other, and how oracles are used — so developers can focus on building great apps.
The result is something called the Interwoven Stack — a set of tools and systems that make it much easier to launch and manage custom blockchains (also known as rollups).
How Initia Works
Initia has three main parts:
Initia L1: The Layer 1 blockchain that everything else connects to.Interwoven Rollups: Custom Layer 2 chains that run on top of Initia L1.Interwoven Stack: A development framework that provides tools, standards, and infrastructure for building and operating rollups and applications.
Initia L1: the base layer
Initia L1 is built using the Cosmos SDK and acts as the main coordination and liquidity layer. As the base layer, it’s involved in various functions, including:
Security: Rollups plug into L1 for security features like bridging tokens, verifying data, and catching fraud.Liquidity: It has a built-in DEX called InitiaDEX, which makes it easy for users and rollups to swap tokens and share liquidity.Communication: L1 helps different rollups talk to each other. It can also help them connect with other blockchain ecosystems.Incentives: The L1 powers reward programs like the VIP (Vested Interest Program) and Enshrined Liquidity.
Interwoven Rollups
Rollups are like mini blockchains built on top of Initia L1. What’s cool about them is how flexible they are. Developers can customize key aspects of their rollup, including:
Virtual machine: You can pick between EVM (for Ethereum compatibility), MoveVM, or WasmVM.Gas and fees: Want to use INIT, stablecoins, your own token, or a combination of assets? Each rollup can set its own fee systems.Transaction ordering: Developers have the option to implement custom methods of transaction ordering, which can be useful for more specific requirements.
Basically, you get to customize your own Layer 2 blockchain without starting from scratch.
The Interwoven Stack
The Interwoven Stack is a suite of tools that simplifies the development and operation of rollups. It gives you the tools you need to launch and manage your rollup from day one. The Interwoven Stack includes:
Prebuilt SDKs for creating rollups and integrating with Initia L1.Native solutions for tasks like bridging, messaging, governance, and liquidity management.A set of standards and templates that help ensure compatibility across the ecosystem.
InitiaDEX
InitiaDEX is the built-in decentralized exchange on Initia L1. It supports Weighted Pools (like Balancer) for trading different assets and StableSwap Pools for trading assets with similar values (like stablecoins).
The DEX is designed to be the main place for rollups to access and share liquidity. It enables both routine and advanced cross-rollup swaps, and serves as a foundation for applications that depend on deep, accessible liquidity.
The DEX also supports Enshrined Liquidity, where certain liquidity pools are approved by governance to serve as staking assets. This helps align network security and economic incentives with market activity.
Ecosystem Rewards
To keep users and developers engaged, Initia runs the Vested Interest Program (VIP). It distributes INIT tokens to rollups and users based on things like:
Total Value Locked (TVL) in a rollup.On-chain activity (like number of transactions).Participation in governance.
This system is designed to reward the projects and users who help grow the network.
Other Tools in the Ecosystem
Initia also includes:
Initia app: A dashboard to explore the ecosystemInitia scan: A block explorerInitia usernames: A name service that works across rollupsInitia multisig: A tool for managing wallets with multiple signers
All of these are built to make the ecosystem easier to use for both developers and end users.
The INIT Token
INIT is the native token of the Initia ecosystem. Here’s what it does:
Gas fees: Used to pay for transactions on both L1 and eligible rollupsStaking: Helps secure the network when users delegate their INITGovernance: Lets holders vote on how the network evolvesRewards: Used in reward programs like VIP to incentivize activity
INIT has a total supply of 1 billion tokens. Some of it goes to staking, some to developers, and some to users through programs like Binance Launchpool.
INITI on Binance Launchpool
On April 17, 2025, Binance announced INIT as the 68th project on the Binance Launchpool. Users who locked their BNB, FDUSD, and USDC during the farming period were eligible to receive INIT rewards. A total of 30 million INIT tokens were allocated to the program, accounting for 3% of the total token supply.
After the farming period, INIT will be listed for trading on Binance with the Seed Tag applied, allowing for trading against the USDT, USDC, BNB, FDUSD, and TRY pairs.
Closing Thoughts
Initia presents a modular, developer-friendly approach to building scalable blockchain applications. It combines a Layer 1 blockchain with customizable rollups and a full toolkit for developers. Initia wants to make it easier to build apps in Web3 without the typical roadblocks that come with multichain setups.
Further Reading
What Is Blockchain and How Does It Work?What Is Layer 1 in Blockchain?What Is Cross-Chain Interoperability?
Disclaimer: This content is presented to you on an “as is” basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial, legal or other professional advice, nor is it intended to recommend the purchase of any specific product or service. You should seek your own advice from appropriate professional advisors. Products mentioned in this article may not be available in your region. Where the article is contributed by a third party contributor, please note that those views expressed belong to the third party contributor, and do not necessarily reflect those of Binance Academy. Please read our full disclaimer for further details. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance Academy is not liable for any losses you may incur. This material should not be construed as financial, legal or other professional advice. For more information, see our Terms of Use and Risk Warning.
Will XRP Price Skyrocket Under New SEC Chair Paul Atkins?
Atkins has invested up to $6 million into crypto-focused firms such as Anchorage Digital and Securitize, which specialize in digital asset custody and blockchain
XRP is in the limelight once again with Paul Atkins, a well-known crypto-friendly personality, becoming the new Chair of the U.S. Securities and Exchange Commission (SEC).
With his appointment, the crypto community is abuzz, particularly XRP investors who have been waiting patiently for regulatory direction
CryptoMarketCapBackTo$3T
#USStockDrop
Atkins has invested up to $6 million into crypto-focused firms such as Anchorage Digital and Securitize, which specialize in digital asset custody and blockchain
XRP is in the limelight once again with Paul Atkins, a well-known crypto-friendly personality, becoming the new Chair of the U.S. Securities and Exchange Commission (SEC).
With his appointment, the crypto community is abuzz, particularly XRP investors who have been waiting patiently for regulatory direction
CryptoMarketCapBackTo$3T
#USStockDrop
👍
Binance MENA
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Binance is with you wherever you are! Share with us in the comments about your first experience with us👇
Beware of SMS Spoofing, Binance CEO Issues Major Warning Binance CEO Richard Teng has taken to the social media platform X to warn community members about a new scam ravaging the crypto ecosystem. Teng flagged SMS spoofing as the next biggest strategy among scammers, noting the need to stay safe.
XRP Funding Rate Surges Amid Crypto Market Sell-Off: What’s Happening?
The crypto market is facing slight selling pressure in the early Sunday session, with several crypto assets, including XRP, trading in red. In the last 24 hours, $138 million has been liquidated in the crypto derivatives market. Interestingly, shorts accounted for the majority of this figure, totaling $90 million.
Amid the current uncertainty in the market, XRP stands out with a surprising twist: Its funding rate is currently positive, according to CoinGlass data, signaling a potentially bullish undertone. A positive funding rate signals that traders are generally optimistic about the future price of the underlying asset, which drives up demand for long positions.
The crypto market is facing slight selling pressure in the early Sunday session, with several crypto assets, including XRP, trading in red. In the last 24 hours, $138 million has been liquidated in the crypto derivatives market. Interestingly, shorts accounted for the majority of this figure, totaling $90 million.
Amid the current uncertainty in the market, XRP stands out with a surprising twist: Its funding rate is currently positive, according to CoinGlass data, signaling a potentially bullish undertone. A positive funding rate signals that traders are generally optimistic about the future price of the underlying asset, which drives up demand for long positions.
XRP Price Set for July Surge; Historical Data Backs It
CryptoRank data shows XRP has posted gains in the last five Julys, suggesting July could be the next bullish month for the altcoin.
XRP’s price may be on the brink of a bullish rally, according to historical data and crypto analysts. Over the past five years, XRP has seen strong gains each July, making it a potential breakout month for the altcoin.
While the market has been largely bearish, particularly between April and June, July has stood out as a month of significant growth for XRP, with double-digit gains recorded in four of those years.
Many crypto analysts, such as CasiTrades, believe that XRP has the potential of attaining a new all-time high in this current market cycle. The basis of this possibility is in the end of the consolidation period of the altcoin, which, according to analysts, is now coming to an end.
Dark Defender, another analyst, predicts that after this consolidation, XRP could enter a bullish “Wave 5,” with target prices ranging from $3.75 to $5.85—new ATHs for the token.#FederalReserveIndependence
CryptoRank data shows XRP has posted gains in the last five Julys, suggesting July could be the next bullish month for the altcoin.
XRP’s price may be on the brink of a bullish rally, according to historical data and crypto analysts. Over the past five years, XRP has seen strong gains each July, making it a potential breakout month for the altcoin.
While the market has been largely bearish, particularly between April and June, July has stood out as a month of significant growth for XRP, with double-digit gains recorded in four of those years.
Many crypto analysts, such as CasiTrades, believe that XRP has the potential of attaining a new all-time high in this current market cycle. The basis of this possibility is in the end of the consolidation period of the altcoin, which, according to analysts, is now coming to an end.
Dark Defender, another analyst, predicts that after this consolidation, XRP could enter a bullish “Wave 5,” with target prices ranging from $3.75 to $5.85—new ATHs for the token.#FederalReserveIndependence
'Rich Dad Poor Dad' Author Stuns with Bitcoin Price Forecast: Over $1 Million Robert Kiyosaki, a prominent entrepreneur and the author of the book on personal finance management, “Rich Dad Poor Dad”, has published a stunning Bitcoin price prediction. He believes that BTC will exceed $1 million and explained why he expects it to happen. He also shared how even people with limited financial opportunities can emerge from the current massive market crash wealthy.
XRP Achieves Historic Feat Against Ethereum (ETH)
The Ripple-linked XRP cryptocurrency is on track to score six consecutive months of positive returns against archrival Ethereum (ETH) for the first time in history.
In November, the token gained a whopping 160% against ETH, and this trend ended up persisting throughout 2025. In March, XRP/ETH was up by nearly 20%. In this month, the token has so far added another 14%.
This is a sharp turnaround compared to the previous year. Over the period from November 2023 to May 2024, XRP recorded as many as seven consecutive months of negative performance. In February 2024, XRP plunged by as much as 20.4% against the flagship altcoin.
XRP has managed to carry its Q4 momentum well into 2025, with positive new developments in the SEC v. Ripple case, as well as growing ETF buzz. As reported by U.Today, multiple analysts believe that a spot-based XRP ETF is already a done deal in the U.S.
#BTCNextATH
The Ripple-linked XRP cryptocurrency is on track to score six consecutive months of positive returns against archrival Ethereum (ETH) for the first time in history.
In November, the token gained a whopping 160% against ETH, and this trend ended up persisting throughout 2025. In March, XRP/ETH was up by nearly 20%. In this month, the token has so far added another 14%.
This is a sharp turnaround compared to the previous year. Over the period from November 2023 to May 2024, XRP recorded as many as seven consecutive months of negative performance. In February 2024, XRP plunged by as much as 20.4% against the flagship altcoin.
XRP has managed to carry its Q4 momentum well into 2025, with positive new developments in the SEC v. Ripple case, as well as growing ETF buzz. As reported by U.Today, multiple analysts believe that a spot-based XRP ETF is already a done deal in the U.S.
#BTCNextATH
Unexpected XRP Push to $3 Possible, Solana (SOL) Secretly in Bull Market, Shiba Inu (SHIB) Volume Absolutely Melting One of the altcoins that the market is most interested in, XRP, might be about to make an unexpected bullish breakout. Due to a traditional descending channel breakout formation, the asset is now showing signs of reversing the trend following months of consolidation and downward movement. The 50-day and 100-day Exponential Moving Averages (EMAs), which both converge close to the $2.20-$2.23 level, are two significant technical barriers that the price of XRP has been relentlessly advancing toward. It is currently trading at about $2.09. A strong upward move that could propel the asset as high as $3 in the near to medium term could be unlocked if XRP is able to overcome this congestion zone.
#SolanaSurge
#SolanaSurge
The meme coin Shiba Inu (SHIB) recently faced a technical barrier it could not overcome, despite some early attempts. On the four-hour chart, the 23-period moving average crossed below the 50-period one — forming a local death cross — and the price reacted accordingly. A modest 2.65% drop followed the crossover, as SHIB failed to break out above this short-term structure.
To be clear, the crossover is not necessarily dramatic on its own. It is a common pattern, often appearing in ranging or fading trends. But what made it notable this time is that the price was already hovering near resistance, and the moving average rejection only reinforced that area.
#SaylorBTCPurchase
To be clear, the crossover is not necessarily dramatic on its own. It is a common pattern, often appearing in ranging or fading trends. But what made it notable this time is that the price was already hovering near resistance, and the moving average rejection only reinforced that area.
#SaylorBTCPurchase
Next Bitcoin ATH coming this quarter, analyst says Meanwhile, top analyst Michael van de Poppe believes that Bitcoin is likely to reach a new all-time high within the next three months. The main reason he cited is the rapid increase in the M2 supply, which registered all the money bulk in circulation in the world, including cash and deposits. Poppe shared a chart showing a direct correlation between the Bitcoin price and M2 trajectories. Currently, M2 has rapidly surged, which should mean that Bitcoin will follow suit pretty soon, according to the chart. The most recent all-time high was reached on Jan. 20, on the day of Donald Trump’s inauguration as U.S. president — back then, Bitcoin surpassed $109,000.
#PowellRemarks
#PowellRemarks
Solana, Cardano and Avalanche Lead Crypto Market Losses With 5% Dips
The altcoins underperformed relative to the broader market in today’s trading, despite some encouraging recent news emerging for the Solana ecosystem.
Solana ecosystem picks up small wins
Solana’s recent losses come despite some bullish signals emerging over the past few days.
Earlier today, Canadian regulators reportedly approved spot-traded Solana ETFs, according to Bloomberg ETF analyst Eric Balchunas, with the new investment products launching in Canadian markets this week. Though many financial institutions, such as VanEck, 21Shares, and BitWise have reportedly filed applications, no Solana ETF has received approval in the U.S. yet.#WCTonBinance
The altcoins underperformed relative to the broader market in today’s trading, despite some encouraging recent news emerging for the Solana ecosystem.
Solana ecosystem picks up small wins
Solana’s recent losses come despite some bullish signals emerging over the past few days.
Earlier today, Canadian regulators reportedly approved spot-traded Solana ETFs, according to Bloomberg ETF analyst Eric Balchunas, with the new investment products launching in Canadian markets this week. Though many financial institutions, such as VanEck, 21Shares, and BitWise have reportedly filed applications, no Solana ETF has received approval in the U.S. yet.#WCTonBinance
Michael Saylor, a vocal Bitcoin evangelist and the executive chairman of Strategy, has taken to his account on the X social media network (formerly known as Twitter) to celebrate the fact that the asset his company has made a large bet on — Bitcoin — is finally surging. Saylor celebrates Bitcoin spike with bullish message The Strategy founder tweeted, addressing the global Bitcoin community, “Meet me at the top,” as if hinting that he expects the world’s largest cryptocurrency to skyrocket much higher than the level it has managed to reach by now.
Bitcoin has surpassed the $86,000 price level, soaring by 2.83% over the past few hours. After reaching $86,450, BTC is now changing hands at $85,570 per coin
#BTCRebound
Bitcoin has surpassed the $86,000 price level, soaring by 2.83% over the past few hours. After reaching $86,450, BTC is now changing hands at $85,570 per coin
#BTCRebound
Overall, however, a slight majority of traders (51.32%) are still betting against the Ripple-affiliated token, so the bullishness is limited to Binance and several other trading platforms such as BitMEX. XRP's open interest, which represents the total number of open derivatives contracts, currently stands at $3.15 billion after declining by more than 4% over the past 24 hours. Nearly $4 million worth of XRP has been liquidated over the past 24 hours. Long positions make up the lion's share of liquidations (61.5%). At press time, XRP is up by 1.18% on the Binance exchange, changing hands at $2.15. Earlier today, the cryptocurrency reached an intraday high of $2.16. The token has now recovered by roughly 25% after plunging to a multi-month low of $1.6 on Apr. 7 amid a broader market sell-off driven by macroeconomic uncertainty. #XRP #Binance #USElectronicsTariffs
200,000,000 XRP stun world's largest crypto exchange According to data provided by prominent blockchain tracker Whale Alert, yesterday, April 7, a large chunk of XRP was transferred from an unknown wallet to Binance, the world's largest crypto exchange. The transaction involved 200,000,000 XRP worth $355,576,574 and occurred after XRP dropped by 16.25% in value. However, the asset has since rebounded; at press time, XRP is up 5.52% over the past 24 hours, changing hands at $1,95, per CoinMarketCap. The nature of this deposit sparked a heated discussion under Whale Alert's X post, with some users suggesting that an anonymous whale is dumping XRP amid the current market bloodbath. It is worth noting that later, Whale Alert clarified that the “anonymous” wallet also belonged to Binance, meaning that it was an internal transfer.#CPI&JoblessClaimsWatch
#StaySAFU Islamabad, Pakistan – Call it a crypto coup.
Flanked by Pakistan’s flags, Changpeng Zhao, founder of Binance, the world’s largest cryptocurrency exchange, on Monday signed on to become an adviser to the country’s newly formed regulator for the sector.
After being skittish about digital currencies for years, Islamabad in March launched the Pakistan Crypto Council (PCC), aimed at embracing innovation in the sector, while also creating a regulatory framework which protects investors and the financial system
Flanked by Pakistan’s flags, Changpeng Zhao, founder of Binance, the world’s largest cryptocurrency exchange, on Monday signed on to become an adviser to the country’s newly formed regulator for the sector.
After being skittish about digital currencies for years, Islamabad in March launched the Pakistan Crypto Council (PCC), aimed at embracing innovation in the sector, while also creating a regulatory framework which protects investors and the financial system
#TrumpTariffs Solana Foundation president discusses BlackRock expanding tokenized money market fund to network
Lily Liu, president of the Solana Foundation, discusses institutional adoption of the network.
Lily Liu, president of the Solana Foundation, discusses institutional adoption of the network.
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