Binance is advising nations on Bitcoin reserves as global interest grows
Binance'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 grows
Binance's CEO Teng says Bitcoin’s neutrality draws governments amid the global financial unrest.
📰 Top News
Family offices show stronger preference for Ethereum ETFs over Bitcoin
Despite 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 innovation
Powell'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 pivot
Bybit 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 Volume
TRON's partnership with T3 FCU and eco-system collaborations underscore its expanding DeFi and stablecoin market leadership.
📈 Latest Insights
🗞️ More News
Panama City council greenlights crypto payments for tax, public services
Russian Finance Ministry eyes domestic stablecoin to bypass Western infrastructure
Coinbase-backed Base draws fire for role in ‘pump-and-dump’ style ‘Content Coin’ token launch
World Liberty Financial eyes global expansion as DWF Labs acquire $25 million of its token
Short-term holder supply sees profitability crash to 2% as tariff fears bite
TRUMP token unlocks begin Saturday worth $311M, followed by $3.8M daily insider payouts
📖 Latest Market Report
The Trump administration’s deregulation of crypto enforcement
CryptoSlate's latest report dives deep into the policy reversal that has reshaped the relationship between the US federal government and the crypto industry.
Yes
Yes