Binance is advising nations on Bitcoin reserves as global interest growsBinance's CEO Teng says Bitcoin’s neutrality draws governments amid the global financial unrest.
Happy Thursday!As governments worldwide reassess their approach to digital assets, Binance is stepping into the spotlight, advising multiple nations on establishing strategic Bitcoin reserves, a move driven by Bitcoin’s neutrality and the United States’ recent push for a national crypto stockpile. Meanwhile, family offices are showing a growing preference for Ethereum ETFs, though their overall institutional footprint remains limited. On the regulatory front, Fed Chair Powell is calling for stablecoin oversight and signaling a more open stance on crypto innovation in banking. Explore these headlines and much more in today’s CryptoSlate newsletter! 🚀Are you a Web3 marketer? Join our new Web3 Marketing Insights channel here https://t.me/cryptoslate_web3. We’ll be sharing tips, strategies, and special announcements to help web3 marketers level up their game. The global crypto market cap is $2.66 trillion, with a 24-hour volume of $71.87 billion. The price of Bitcoin is $84,589.32, and BTC market dominance is 63.1%. The price of Ethereum is $1,582.98, and ETH market dominance is 7.2%. The best-performing sector is Media, which gained 5%. The Crypto Fear & Greed Index is currently Extreme Fear (30). Binance is advising nations on Bitcoin reserves as global interest growsBinance's CEO Teng says Bitcoin’s neutrality draws governments amid the global financial unrest. 📰 Top NewsFamily offices show stronger preference for Ethereum ETFs over BitcoinDespite the relative tilt toward Ethereum among family offices, their total allocation remains a small portion of overall institutional activity. Fed Chair Powell advocates for stablecoin regulation, signals openness to crypto innovationPowell's remarks on stablecoins and banks offering crypto-related services add to his recent statements on these matters. Bybit to end multiple Web3 services in strategic pivotBybit continues narrowing Web3 services to refocus on growth and innovation in onchain ecosystem. Ad: Messari Reports Strong Q1 for TRON with Record Revenue, $19B Daily USDT VolumeTRON's partnership with T3 FCU and eco-system collaborations underscore its expanding DeFi and stablecoin market leadership. 📈 Latest Insights🗞️ More News
📖 Latest Market ReportThe Trump administration’s deregulation of crypto enforcementCryptoSlate's latest report dives deep into the policy reversal that has reshaped the relationship between the US federal government and the crypto industry. |
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