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#TrumpMediaBitcoinTreasury ‘Just The Beginning’—Bitcoin Suddenly Braced For A Huge Week After Crypto Price Boom BTC 103,734.21 -1.38% "This is more than a headline moment—it’s a signal,” David Bailey, the chief executive of Bitcoin Magazine publisher and organizer of the conference BTC Inc who has become an unofficial advisor to the Trump administration on bitcoin, said in a statement. “Bitcoin is the most exciting financial innovation in the world,” Bailey added. "It’s at the forefront of the national conversation.” During last year’s Bitcoin 2024 conference in Nashville, then presidential candidate Donald Trump announced that he’d create a bitcoin strategic reserve if he won the White House in November—a promise he followed through on in March via an executive order. This year, U.S. vice president JD Vance is headlining the conference, due to speak at 9am on Wednesday, while Trump’s crypto czar David Sacks and executive director of the president’s council of advisers on digital assets Bo Hines will address the conference on Tuesday. Earlier this week, Trump’s son Eric, who has fully embraced bitcoin and crypto via his World Liberty Financial decentralized finance (DeFi) platform that was founded in response to the Trump family being debanked by Wall Street, posted to X that “this is just the beginning of this incredible ride.” Eric Trump added that he hoped “you listened" to his February advice to “enter bitcoin.” The bitcoin price rally in recent weeks, coming as Trump hosted the top holders of his controversial memecoin for a gala dinner, has spurred a flood of bullish bitcoin price predictions that include bitcoin replacing the U.S. dollar within ten years.

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#FTXRefunds of May 31, 2025, FTX has initiated its second major round of creditor repayments, distributing over $5 billion to eligible claimants. This follows the initial $7 billion repayment in February and is part of a broader effort to return approximately $16.5 billion to customers affected by the exchange's collapse in November 2022. Repayment Details Distribution Channels: Funds are being disbursed through Kraken and BitGo, with recipients expected to receive payments within one to three business days. Creditor Classes: The repayments cover four classes of creditors, with recoveries ranging from 54% to 120% of their original claims, based on the U.S. dollar value at the time of FTX's collapse. Convenience Class: Approximately 98% of FTX customers, those with claims of $50,000 or less, are expected to receive at least 118% of their claim value. Technical Analysis The FTX Token (FTT) is currently trading at $1.079, reflecting a 12.28% decline from the previous close. The intraday high and low are $1.24 and $1.062, respectively. The recent price movement suggests market volatility, possibly influenced by the ongoing repayment process and broader market conditions. Analysts note that the distribution of repayments in stablecoins provides recipients with immediate liquidity, which could influence reinvestment decisions and impact market dynamics. Outlook

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#CEXvsDEX101 For the second topic of our Crypto Trading Fundamentals Deep Dive, let’s talk #CEXvsDEX101 . Choosing between Centralized and Decentralized Exchanges is a key decision for any crypto trader. Each comes with trade-offs in terms of security, user experience, liquidity, and control. Knowing when to use which is an essential part of risk-aware trading. 💬 Your post can include: · In your experience, what are the pros and cons of CEXs vs DEXs? · Which do you prefer and in what situations? · What do you consider when choosing between a CEX and DEX? · What advice would you give to someone using a DEX for the first time? 👉 Create a post with #CEXvsDEX101 and share your insights to earn Binance points! (Press the “+” on the App homepage and click on Task Center) 🔗 Full campaign details here. #BTC #BinanceSquareFamily

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New Wallet Withdraws Significant Ethereum Amount from CEX According to TechFlow, a newly created wallet recently withdrew 4,150 ETH, valued at approximately $10.72 million, from a centralized exchange (CEX). This transaction was detected by the on-chain analysis platform Lookonchain about 50 minutes prior to the report.#ETH #Ethereum #Cex #CEXvsDEX101 #BTC

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Elon Musk to Join U.S. President Donald Trump's Advisory Team According to BlockBeats, Elon Musk announced on May 31 that the government efficiency team will be strengthened. Musk stated, "I will become an advisor to U.S. President Donald Trump." #TRUMP #ElonMusk. #BinanceSquareFamily #BTC

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