Web3 social networks are poised to revolutionize the digital landscape by offering unprecedented benefits:
1. Decentralization: Power is shifted from centralized platforms to users, reducing censorship and data breaches.
2. User Ownership: Users own their data and content, fostering a sense of ownership and control.
3. Token-Based Economies: Incentivizing user engagement and rewarding content creators.
4. Transparency and Trust: Blockchain technology ensures transparency and trust in transactions and interactions.
How Is Contentos Revolutionizing the Digital Content Landscape? What Makes It Unique?
Contentos is at the forefront of the Web3 content revolution, offering a unique blend of features:
Decentralized Video Platform: COS.TV empowers creators to host and monetize their content directly, bypassing traditional intermediaries.SocialFi Integration: ChannelVIP fosters strong creator-fan relationships, enabling direct interactions and exclusive benefits.Token-Based Economy: $COS tokens incentivize user engagement, reward content creators, and fuel ecosystem growth.Community-Driven Governance: Users have a voice in shaping the platform's future through decentralized governance mechanisms.
By combining these innovative features, Contentos is creating a vibrant, user-centric, and sustainable digital content ecosystem.
@Contentos-COS @CONTENTOS
#web3
#Crypto
#Contentos
#COSSocialFiRevolution

Cryptocurrency exchange Binance warned its community on Monday about a surge in fraudulent tokens falsely claiming affiliation with the platform, spreading across social media.
The company emphasized that these tokens are neither endorsed nor authorized by Binance, potentially exposing users to scams and financial harm. “Please remember to verify information through our official channels.
Be cautious with unverified tokens. Protect yourself by doing your own research (DYOR) and staying informed,” Binance advised, noting that suspicious activities should be reported promptly to maintain the safety of the community and the cryptocurrency space.
#binance #wendy #bitcoin #eth #web3 $BTC $ETH $BNB

US Leads in Crypto Scams, Study Finds
According to a study examining more than 1,500 crypto projects, U.S. founders account for 43.4% of all identified scam crypto projects in 2024. Between January and October, the country’s share of total scam crypto projects identified easily dwarfs the combined share (19.76%) of the next four countries.
The U.S.’s disproportionate share of crypto scams is attributed to the large number of innovative projects started by American founders, the 5money study report concludes. China, which banned cryptocurrency activities a few years ago, is second with 7.55%, followed by the United Kingdom (U.K.) with 6.51%. Singapore and Australia round out the top five with 3.1% and 2.6%, respectively.
For dead crypto projects, the U.S. again leads with 33.36%. China is a distant second with 7.63%, slightly ahead of the U.K.’s 7.22%. South Korea ranks fourth with 6.74%.
The study, conducted jointly by 5money and Storible, ranked Russia (23.81%) first in terms of the proportion of scam crypto projects to total projects launched. Switzerland follows with 22%, and China with 20%. Japan and Israel round out the top five with 19.05% and 15.79%, respectively.
The report notes that regulatory gaps and market enthusiasm can significantly influence a project’s success or failure. It adds that scam crypto projects are found in both emerging markets like Vietnam and developed countries like the U.S., highlighting the need for standardized regulations.
“As crypto adoption expands, understanding these trends will be key to fostering a more stable and reliable ecosystem,” the report added.
Meanwhile, the study found that despite its emergence as a blockchain innovation hub, Vietnam faces significant challenges with project legitimacy and longevity, with 12% of its crypto projects being scams. Some 42% are classified as dead which saw the country rank among the global top ten in both categories.
#binance #wendy #Bitcoin #eth #web3 $BTC $ETH $BNB

Microstrategy has revealed pricing details for its $2.6 billion 0% convertible senior notes, set to mature in 2029.

No Interest, Big Moves: Microstrategy’s 2029 Notes Spell Bold Bitcoin Play
The company disclosed that it plans to offer the notes privately to qualified institutional buyers under Rule 144A of the Securities Act. Initially proposed at $1.75 billion, the offering expanded to $2.6 billion. Additionally, buyers may purchase up to $400 million more, potentially boosting proceeds to $3 billion. The deal is expected to close Nov. 21, subject to customary closing conditions.
The unsecured notes, maturing Dec. 1, 2029, will not accrue interest. Conversion options, available under specific conditions until June 2029, allow holders to convert into cash, shares of the company’s class A common stock, or a combination of both. The initial conversion rate is set at 1.4872 shares per $1,000 note, equating to a $672.40 conversion price—a 55% premium over the stock’s Nov. 19 price.
Microstrategy investors can demand redemption at face value on June 1, 2028, or if significant corporate changes occur. Microstrategy, starting December 2026, may also redeem the notes under certain market conditions, ensuring at least $75 million remains outstanding. The company further said it estimates net proceeds of $2.58 billion, which could increase to $2.97 billion if the additional options are exercised. Funds are earmarked primarily for purchasing bitcoin (BTC) reserves and for general corporate purposes.
Known for its bitcoin-focused strategy, Microstrategy continues to position itself as a leader in digital assets and enterprise analytics. It noted these notes, like previous offerings, are unregistered and subject to U.S. securities law restrictions. At press time, at 11 a.m. Eastern Time on Wednesday, Microstrategy’s stock MSTR is up more than 15% against the U.S. dollar.
#binance #wendy #bitcoin #eth #web3 $BTC $ETH $BNB

The recent rise in the price of bitcoin due to geopolitical issues is prompting nations to consider introducing BTC as part of their reserves. In this context, countries like El Salvador, which is already purchasing bitcoin, might consider issuing debt to fund larger purchases.

El Salvador Could Increase Its Bitcoin Purchases Issuing Debt
Bitcoin has become a world phenomenon after President Trump’s victory at the polls and the possibility of a strategic bitcoin reserve being created in the future. In this context, the personal cryptocurrency advisor of President Nayib Bukele and bitcoin permabull Max Keiser, has presented an idea to give the country more muscle to continue purchasing bitcoin in bulk.
On social media, Keiser asked if El Salvador should follow Microstrategy’s bitcoin scheme, allowing the country to issue debt to purchase more bitcoin without putting its own money.
Keiser asked:
Should El Salvador — once they sign the Bitcoin Bank already passed by Congress — issue a similar security to buy more bitcoin collateralized by the country’s $600M stack of BTC?
More than 80% of the respondents think this would be a good thing for the country, with over 1,500 users taking part in the informal survey. Currently, El Salvador holds 5,940 BTC, and President Nayib Bukele compromised to purchase 1 BTC daily until the currency becomes unaffordable with fiat money.
Read more: El Salvador Will Keep Buying 1 Bitcoin Daily Until BTC ‘Becomes Unaffordable’ With Fiat Currencies, Says President Bukele
If El Salvador adopts a policy inspired by Microstrategy’s actions, it would be the first time a nation-state enters into a deal of this kind, with all the risks that it would carry with it. Nonetheless, El Salvador’s record on executing bitcoin-linked policies is far from stellar.
The country still has not issued the so-called “volcano bonds,” instruments first announced in 2021 to finance the construction of Bitcoin City, a bitcoin-focused metropolis that has not been built yet. The bonds aimed to raise $1 billion for this objective, but they have been delayed several times due to unfavorable conditions, and the government has not officially referred to them in some time.
#binance #wendy #bitcoin #eth #web3 $BTC $ETH $BNB

A gamma squeeze, a high-stakes event in options trading, has the potential to catapult bitcoin (BTC) prices beyond the six-figure mark, reshaping the crypto market landscape.

Understanding Call Options in the Bitcoin Market and the Gamma Squeeze
To understand a gamma squeeze, it’s key to first grasp the basics of options trading. Options are financial tools that grant traders the right—but not the obligation—to buy (call options) or sell (put options) an asset at a set price before a specified date. In the world of bitcoin (BTC), options trading lets investors bet on BTC’s future price or safeguard their current holdings. Luuk Strijers, the CEO of Deribit, discussed this subject in a note sent to Bitcoin.com News this week.
On Nov. 19, Blackrock’s Ishares Bitcoin Trust (IBIT) debuted its options trading, marking a pivotal moment. Just one day later, on Wednesday, Grayscale followed suit, rolling out options trading for its two bitcoin trusts. This opens the door to scenarios like a gamma squeeze, where call options play a starring role. Traders buy call options when they anticipate a substantial jump in bitcoin’s price. For example, a call option might allow someone to buy BTC at $95,000 while predicting the market price will soar past $100,000.

Market makers and some crypto exchanges—key players who keep the options market liquid—are at the center of this phenomenon. When traders snap up a significant volume of call options, market makers hedge their risks by buying the underlying asset, in this case, bitcoin. This buying pressure can spark an upward price rally for BTC, especially in a bullish market.
As bitcoin’s value climbs, market makers are forced to recalibrate their positions, which means buying even more bitcoin. This creates a feedback loop of soaring demand, known as a gamma squeeze. The result? BTC prices could climb to jaw-dropping heights.
The recent introduction of options trading has injected fresh energy and liquidity into the market. These instruments offer U.S.-based institutional and retail investors, previously limited in access, a chance to dive into bitcoin options trading.
As of Nov. 20, BTC is trading comfortably above $94,000. If bullish momentum holds strong, powered by both traditional finance and crypto-focused players, the stars could align for a gamma squeeze. Increased open interest and activity at critical price points might push BTC past the $100,000 milestone.
A gamma squeeze driving bitcoin into six-figure territory involves a chain reaction of market forces. It kicks off with traders betting heavily on bitcoin surpassing $100,000 via call options. This compels market makers to hedge by purchasing bitcoin, intensifying demand and nudging prices higher. As BTC edges closer to $100,000, the cycle accelerates, with market makers buying more bitcoin, creating relentless upward pressure.
Once BTC breaks the psychological $100,000 barrier, it could ignite a frenzy. Speculative traders might rush in, and those fearing they’ll miss out could join the buying spree. This surge in activity could push prices even further. However, gamma squeezes are a double-edged sword, often accompanied by sharp and unpredictable price swings. While such an event could catapult bitcoin into six-digit territory, it also calls for caution, as speculative bubbles are notoriously unstable.
The idea of a gamma squeeze is undoubtedly exciting, but it’s important to remember the risks. Traders should tread carefully, as the forces that fuel these dramatic price increases can also trigger rapid reversals. The interplay between options trading, market maker adjustments, and bullish enthusiasm may just set the stage for an unprecedented bitcoin rally. With bitcoin already charting new highs, the market could soon witness a gamma squeeze that turns the dream of six-figure valuations into a reality.
#binance #wendy #bitcoin #eth #web3 $BTC $ETH $BNB

Deutsche Bank has invested in German artificial intelligence (AI) startup Aleph Alpha. The bank aims to leverage AI for operational efficiency and regulatory compliance.

Deutsche Bank: Perfect Partner for AI Innovation Strategy
German financial services giant Deutsche Bank has joined artificial intelligence (AI) startup Aleph Alpha as a strategic investor and partner. As part of the arrangement, Deutsche Bank will acquire the shares of early investors 468 Capital and Lakestar. While the size of Deutsche Bank’s stake in Aleph Alpha has not been disclosed, a local newspaper estimates it to be under 2%.
According to a German news service report, Aleph Alpha received an investment exceeding $500 million in 2023. The investment was expected to help Aleph Alpha, Germany’s largest AI startup, compete with U.S. tech giants like Google and Microsoft. However, following this funding round, doubts persisted about Aleph Alpha‘s ability to rival American corporations.
Commenting on Deutsche Bank’s partnership, Jonas Andrulis, Aleph Alpha’s founder and CEO, said:
Deutsche Bank is the perfect partner for our AI innovation strategy in one of our most important industries.
Andrulis added that the bank’s inclusion in the startup’s shareholder group will provide Aleph Alpha with valuable insights into industry requirements and opportunities. According to the report, some of Aleph Alpha’s existing shareholders have increased their stakes, with venture capital firm Earlybird now holding nearly 16% of the startup’s shares.
Meanwhile, Bernd Leukert, Chief Technology, Data, and Innovation Officer at Deutsche Bank, said the bank’s investment in Aleph Alpha will allow the startup to benefit not only from a capital investment but also from Deutsche Bank’s deep industry knowledge and extensive network.
Leukert also revealed that Deutsche Bank is participating in a pilot project leveraging Aleph Alpha’s generative AI to streamline compliance with the new EU regulation DORA. He described this as a prime example of how AI can enhance efficiency and accuracy in complex regulatory landscapes.
#binance #wendy #bitcoin #eth #web3 $BTC $ETH $SOL

Lucky Block (LBLOCK) has grown popular as a decentralized lottery and gaming platform, leveraging blockchain technology for fairer, more transparent lottery draws. As a unique player in the cryptocurrency market, Lucky Block’s potential for growth is rooted in its appeal among crypto-enthusiasts looking for innovative DeFi applications. So, what are Lucky Block’s price predictions for 2024 through 2030 based on its market trajectory, adoption, and some key data insights?

2024: Initial Market Growth and Adoption
Lucky Block has attracted substantial interest as it continues to develop innovative ways for users to engage with blockchain gaming and lottery-style competitions. By incorporating crypto-based rewards, it positions itself as a unique platform that appeals to both seasoned crypto enthusiasts and those interested in lottery gaming.
What’s driving this attention is Lucky Block’s commitment to transparency and efficiency in prize distribution, which resonates strongly with today’s online gaming community.
In 2024, Lucky Block’s estimated price could range from around $0.0015 to $0.0020 if adoption rates rise and platform features continue to attract new users. The expected price growth is influenced by the platform’s user-friendly features and the trust users place in a transparent, blockchain-based lottery. With growing trust in decentralized applications and if Lucky Block secures additional partnerships, LBLOCK could see these modest gains.
2025: Strategic Partnerships and User Growth
By 2025, Lucky Block is predicted to benefit significantly from potential strategic partnerships and integrations. These collaborations could make the platform more accessible and appealing to a broader user base. Additionally, if Lucky Block launches new features or draws in regions where crypto-gambling is gaining traction, its native token, LBLOCK, could experience an increase in both trading volume and market capitalization.
Data from recent forecasts suggest that LBLOCK could achieve a price range of $0.003 to $0.004, assuming the platform’s expansion plans and strategic partnerships effectively attract a larger global audience. A key factor in this projection is the growing demand for transparent, fair lottery options, particularly among younger demographics interested in digital assets and online gaming.
2026: Impact of Regulatory Shifts
In 2026, Lucky Block may face the impact of evolving regulatory frameworks, especially as countries develop clearer laws around online gambling and digital assets. Favorable regulations could benefit LBLOCK, boosting its price as more users feel comfortable using crypto-based lottery platforms in regulated environments.
If Lucky Block can operate in compliance with these new regulations, LBLOCK’s price might reach between $0.000021 and $0.000028. However, regulatory restrictions could also contribute to some price volatility.
2027-2028: Market Expansion and Technological Advancements
With technological advancements and a growing user base, Lucky Block could enter untapped markets, particularly in Africa, Southeast Asia, and South America- regions where online gaming and crypto adoption are steadily increasing.
Enhanced smart contracts and AI-driven lottery mechanics could be added to improve the user experience, further differentiating Lucky Block from competitors.
Based on these advancements, some predictions place LBLOCK’s value between $0.0050 and $0.0065 in 2027-2028. These estimates reflect not only Lucky Block’s potential to leverage blockchain technology but also the effect of expanding its ecosystem into new markets, which could boost both its user base and token valuation.
2029: Market Maturity and Industry Consolidation
In 2029, Lucky Block may reach a stable phase where growth is less rapid but steadier. With an established user base and potential partnerships with other crypto-based platforms, LBLOCK could experience reduced volatility compared to earlier years.
This period of market consolidation might allow LBLOCK’s price to stabilize, projected to stay within a range of $0.00028 to $0.00042, influenced by both user loyalty and ongoing platform enhancements.
2030: Long-Term Growth Potential and Market Viability
By 2030, Lucky Block’s long-term value will likely depend on its ability to remain relevant and competitive in a rapidly evolving digital landscape. Assuming continued innovation and high user satisfaction, LBLOCK’s price could potentially reach $0.00045 to $0.00589.
This projection hinges on Lucky Block’s adaptability, market reach, and regulatory compliance, which are crucial for sustained growth.
#binance #wendy #bitcoin #eth #web3 $BTC $ETH $SOL

Inner City Press reports that the former FTX executive Gary Wang, who admitted to creating the code enabling Sam Bankman-Fried to misappropriate $8 billion from the now-bankrupt cryptocurrency exchange, has avoided prison.

Crypto Whistleblower or Accomplice? FTX’s Gary Wang Avoids Prison
Reuters further reports that U.S. District Judge Lewis Kaplan in Manhattan acknowledged Gary Wang’s cooperation with prosecutors and his lesser role in the scheme compared to other FTX associates. Inner City Press disclosed that Wang, in his early 30s, had pleaded guilty to four counts of fraud and conspiracy and testified against Bankman-Fried, who is serving a 25-year sentence for fraud.
Several crypto community members discussed the news on social media. “Being a rat pays off,” the Youtube shock jock Wendy O wrote on X. “FTX Cofounder gets no prison time. Know no one is your friend ever.” Binance founder, Changpeng Zhao, commonly known as CZ, responded to Wendy O’s post with an emoji of a man shrugging.
Wang, who co-founded FTX with Sam Bankman-Fried after reconnecting at MIT, expressed remorse, stating he took “the cowardly path” by not acting against the fraud. Despite learning of the illegal activities later, Wang continued working at FTX but has since assisted authorities, helping develop tools to detect financial fraud in cryptocurrency markets.
His sentencing concludes cases against FTX’s leadership, including Bankman-Fried’s former girlfriend Caroline Ellison and Nishad Singh, who received lighter sentences for their roles in the scandal.
#binance #wendy #bitcoin #eth #web3 $BTC $ETH $BNB

Between the overwhelming mass of options and every other token claiming to be the next Bitcoin, it can be hard to know where to turn. The good news is that there are several sources of information for new tokens to invest in, some of which are as follows:

New Exchange Listings
Crypto exchanges are one of the cornerstones of the industry and can be a source of endless inspiration for new tokens. Not only are there hundreds listed on your average exchange but all are vetted. Before a token gets listed, there is a rigorous review process that makes sure it is not a pump-and-dump scheme or a shitcoin. So, if you look at new listings on Binance for investment opportunities, you can rest assured that what you are buying is safe.
Look through the freshly-listed tokens and the best-performing ones to get some ideas on what to buy.
Lists From Reputable Sites
In the same way you’re looking for crypto assets to buy, so are thousands of other people around the world. In response to this, many reputable crypto news sites release analysis pieces with the best tokens to invest in. This includes everything from legacy tokens to meme coins to presales and everything in between. The good thing about these lists is that they explain why these tokens are a good investment and don’t just list them blindly. For those who really want to do their research, this is a good idea.
Crypto Investor Communities
The crypto community is alive and active and nowhere is this more evident than in investor communities online. From Twitter communities to Telegram groups, hundreds of investors congregate in these groups to share ideas and recommendations. By joining one of these, you can hear of investment opportunities that you never imagined and tokens that can make you a fortune. What’s more, you can ask your fellow community members about their opinions on various tokens and get feedback in real time. Just make sure you join a legitimate and vetted community, not one pushing shitcoins.
Token Performance Metrics
Sometimes the best way to find new tokens is to simply look for what the market is responding well to. Aggregation sites like CoinMarketCap and exchanges like Coinbase list tokens by performance and allow you to search for the assets that have performed the best on the last day, week, month, and so on. By doing this, you not only find out about tokens you might have missed but can also see the ones already doing well. This represents less risk on your part, though you must take care to avoid pump-and-dump schemes that sometimes float about the industry.
#binance #wendy #bitcoin #eth #web3 $BTC $ETH $BNB

History has shown that great technological shifts create vast wealth. Crypto, the next frontier, is no exception.

Decentralized Wealth Will Surpass All Previous Tech Revolutions
The first trillionaire will emerge from the crypto world. Like past tech booms created billionaires, crypto will generate wealth on an even larger scale. Blockchain and decentralized finance (defi) are reshaping the economy, with impacts that will surpass any previous tech revolution.
A New Kind of Financial Revolution
Past technological revolutions created vast wealth and changed economies. The Industrial Revolution made billionaires, while the internet boom of the ’90s enriched tech companies, like Amazon and Google. Now, we’re on the brink of the next big shift: the Crypto Revolution.
Crypto isn’t just another industry; it’s a new system for managing money, data, trust, and ownership. Blockchain enables transactions without banks, governments, or corporations, cutting out middlemen and giving power to individuals. Rooted in crypto’s principles, the next trillionaires might use their wealth for projects that reshape humanity rather than focusing on profit alone.
Building a New Future
Unlike previous billionaires, future crypto trillionaires could have a broader view of wealth’s impact. Crypto’s decentralized, community-driven structure promotes values of transparency, equity, and inclusiveness, making it likely that crypto wealth will be used for world-changing projects. Possible projects include:
Space Mining and Extraterrestrial Ownership – With blockchain’s transparent frameworks, crypto wealth could drive resource extraction in space and establish fair rules for extraterrestrial land ownership.Health and Longevity – Blockchain could fund and manage health innovations pushing boundaries in medicine and life expectancy.New City-States – Crypto wealth could help develop city-states governed through decentralized systems, creating models outside traditional government structures.
These possibilities reflect a generation’s ambition to use decentralization to expand human potential.
Decentralization and Wealth Creation
Crypto’s decentralized structure is a game-changer, rapidly evolving to become part of daily life. Defi, for instance, uses smart contracts instead of banks, making financial services accessible to billions at lower costs. Unlike traditional systems run by banks and governments, crypto puts control directly in users’ hands, opening new paths to wealth.
Early adopters, developers, or investors in defi, dapps, and Web3 will see bigger returns than any past tech boom. As crypto’s influence grows, wealth will become more globally inclusive and accessible.
Trillion-Dollar Potential
Bitcoin, Ethereum, and other cryptocurrencies have already created immense wealth, but the biggest fortunes lie ahead. Crypto’s global nature means anyone, anywhere, can participate, unlike the early tech days dominated by Silicon Valley. The next trillionaire could come from any part of the globe.
A New Kind of Wealth
Beyond just creating value, crypto is challenging old systems and enabling wealth without corporations or governments. The first crypto trillionaire might be a developer, defi founder, or early blockchain investor, using their wealth to expand possibilities for humanity.
The shift from traditional finance to digital assets is just beginning, and those helping shape it will see the greatest rewards. In the end, the path to a trillion dollars is clearer in crypto than in any other industry, and the race to become the first crypto trillionaire is on.
#binance #wendy #bitcoin #eth #web3 $BTC $ETH $SOL

Acurx Pharmaceuticals Inc. has decided to take a bold financial step, pledging up to $1 million toward bitcoin (BTC) as a treasury reserve asset. This move signals a pivot in financial strategy for the late-stage biopharmaceutical company.

Biopharma Firm Acurx Adopts Bitcoin for Treasury Strategy
The board of directors at Acurx Pharmaceuticals (NASDAQ: ACXP) greenlit the purchase, aiming to safeguard cash reserves not needed for operations in the next 12 to 18 months. Chief executive officer David Luci pointed to bitcoin’s scarcity and resistance to inflation as key reasons for the decision. Luci was clear, though—this is purely a financial strategy and has no connection to Acurx’s drug development endeavors.
This embrace of bitcoin mirrors a growing trend among institutions and governments warming up to cryptocurrency. Microstrategy lit the fuse, with firms like Semler Scientific, Metaplanet, and Cosmos Health following suit. Acurx framed its decision as part of a broader movement recognizing bitcoin’s potential as a dependable treasury management tool.
After the announcement, Acurx shares had a rollercoaster ride—surging during premarket trading before diving over 26% by 12:30 ET on Wednesday. The company, known for its focus on developing innovative antibiotics to combat drug-resistant bacteria like Clostridioides difficile and methicillin-resistant Staphylococcus aureus, remains dedicated to advancing its pharmaceutical pipeline.
This treasury adjustment highlights a calculated foray into digital assets while reaffirming its commitment to core operations. Acurx views this diversification as a proactive financial strategy to protect and grow its resources. How this BTC strategy works out for the company remains to be seen.
#binance #wendy #bitcoin #web3 $BTC $ETH $SOL

Donald Trump’s administration is reportedly considering a “crypto czar” role to oversee crypto policy, signaling sweeping changes in U.S. cryptocurrency regulation and innovation strategy.

Crypto Czar Role Looms as Trump White House Eyes Bold Policy Overhaul
President-elect Donald Trump’s incoming administration is reportedly considering a new White House role focused solely on cryptocurrency policy, according to Bloomberg. Sources close to the discussions suggest this would be an unprecedented position, underscoring the growing prominence of digital currencies in federal governance.
Advisors on Trump’s transition team are said to be evaluating candidates to serve as a “crypto czar,” tasked with managing the government’s approach to cryptocurrency oversight and regulations. Industry stakeholders are advocating for the role to maintain direct communication with the president.
Trump has pledged to reshape cryptocurrency regulation, with vows to replace U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler, reduce regulatory constraints, and establish a presidential advisory group for digital assets. Prominent crypto figures are already positioning themselves for potential seats on this council. Trump has reportedly held meetings with key industry leaders, including Brian Brooks, formerly of Coinbase and Binance.US, and Coinbase CEO Brian Armstrong. His personal ventures have also connected him to the crypto world through initiatives like non-fungible tokens (NFTs) and World Liberty Financial.
Moreover, Trump Media & Technology Group is rumored to be nearing an acquisition of Bakkt, a cryptocurrency trading platform. If completed, the deal would represent a strategic expansion into digital finance. Trump has pledged to make the U.S. a global leader in cryptocurrency, outlining plans for a national bitcoin reserve and policies designed to bolster innovation within the sector. Recent market reactions reflect optimism, with bitcoin’s value surging past $94,000 amid these developments.
This week, Trump nominated Howard Lutnick, CEO of Cantor Fitzgerald, as Secretary of Commerce. Lutnick, a veteran of traditional finance, is known for his support of cryptocurrency and has called bitcoin a transformative tool for global markets.
#binance #wendy #bitcoin #eth #web3 $BTC $ETH $BNB

Bitcoin (BTC) reached an all-time high of $95,023 on Bitstamp today, gaining 4% against the U.S. dollar in the past 24 hours and 5.2% over the past week. With a market capitalization of $1.87 trillion, bitcoin now ranks as the seventh most valuable global asset, trailing Amazon.

Bitcoin Hits $95,000, Bolstering $1.87 Trillion Market Cap
Daily trading volume for bitcoin (BTC) surged to $76.65 billion, contributing to broader market activity. Across the entire cryptocurrency sector, $349.30 million in liquidations occurred over the last day. Of these, $47.51 million involved bitcoin short positions, while $20.76 million were bitcoin longs, highlighting a volatile trading session. Notably, 137,168 crypto traders faced liquidation in this period.

Bitcoin’s market dominance stood at 60% on Wednesday, underlining its influence within a total crypto market valued at $3.13 trillion. This milestone solidifies its role as the central and leading player in the digital asset space. Bitcoin’s performance this year has been driven by increasing institutional interest and its position as a hedge against inflation, factors that continue to attract new market participants.
The surge to $95,000 comes amid heightened attention to cryptocurrency markets, spurred by ongoing debates around regulation and technological advancements and of course, Donald Trump. Proponents like Microstrategy‘s founder attribute bitcoin’s resilience to its decentralized nature and capped supply of 21 million coins, features that enhance its appeal as “digital gold.”
Liquidation data from derivatives markets indicates a broader trend of market volatility, emphasizing the risks and opportunities in the crypto economy. This activity reflects bitcoin’s central role in shaping market sentiment, as traders adjust their positions to capitalize on rapid price movements.
Bitcoin’s latest achievement marks another chapter in its evolution from a niche experiment to a mainstream financial instrument. As adoption grows, its ability to sustain such high valuations will remain under scrutiny. Selling often comes next since everyone seems to have their own version of a moonshot.
#binance #wendy #bitcoin #eth #web3 $BTC $ETH $SOL

According to the creator of timechainindex.com, Binance, one of the leading cryptocurrency exchanges, has recently experienced “significant outflows.” This activity has reportedly prompted the platform to tap into its cold wallet reserves to manage the situation.

$334 Billion in Play: Centralized Exchanges Face Onchain Scrutiny Amid Bitcoin Highs
The chatter on the onchain grapevine suggests Binance is seeing major withdrawals. Binance stands as a heavyweight in the centralized exchange (cex) arena, not only managing a vast array of digital assets but also safeguarding a significant stash of bitcoin (BTC). On Nov. 19, Sani, the operator of timechainindex.com, shared that the cex platform has been experiencing notable divestments.
“Binance has been experiencing significant outflows in recent weeks, prompting the exchange to draw from its cold wallet reserves,” Sani stated on X. “[Two] hours ago, they transferred 40,000 BTC between their cold wallets and moved an additional 5,535 BTC to a newly created address, which is likely associated with them. We’ll continue monitoring to track where these funds eventually end up.”

Binance tops the infamous ‘Bitcoin Rich List’ with its Pay-to-Script-Hash (P2SH) address “34xp4,” which holds 248,597.53 BTC—valued at $22.93 billion at press time. This address hasn’t sent an outgoing transaction in nearly two years, last moving funds on Jan. 7, 2023. According to timechainindex.com, Binance manages a staggering 738,349.58 BTC spread across thousands of addresses, worth an impressive $68.08 billion.
Only Coinbase surpasses Binance in bitcoin (BTC) holdings, with timechainindex.com reporting that the San Francisco-based exchange secures 1,067,857.30 BTC, valued at $98.47 billion. The same data reveals that centralized exchanges collectively control 3,622,293 BTC, equating to $334 billion. Recent buzz about Binance’s outflows and its tactical use of cold wallet reserves highlights how these reserves help balance the scales during high withdrawal periods.
As a key player in the bitcoin ecosystem, Binance’s actions will always draw intense scrutiny, showcasing how centralized exchanges can shape market sentiment and influence participant behavior. This also sheds light on the immense responsibility cex platforms bear in managing vast digital asset reserves. With bitcoin hitting all-time price highs, the strategies these exchanges adopt will likely set the tone for future market trends.
#binance #wendy #bitcoin #eth #web3 $BTC $ETH $BNB

A Shanghai court ordered a partial refund after ruling a token fundraising contract illegal, citing violations of Chinese financial regulations.

Token Fundraising Faces a Major Setback in a Shanghai Court Judgment
The Shanghai High Court published details on Wechat Monday about a crypto-related case highlighting the legal complexities of virtual currency activities in China. The Songjiang District People’s Court ruled on a contract dispute between an agricultural development company, referred to as Company X, and an investment management firm, identified as Company S.
The dispute centered on an agreement for token issuance and fundraising, which the court found to be in violation of Chinese financial regulations. Despite Company X paying 300,000 yuan ($41,398) for services including the creation of a white paper, Company S failed to issue the tokens, citing additional development costs outside the agreed scope.
The court deemed the blockchain agreement invalid, stating that token issuance financing constitutes illegal public fundraising in China. Both parties lacked authorization to issue tokens, rendering their agreement a violation of mandatory legal provisions. The judgment emphasized that such activities disrupt financial order and carry risks of financial fraud and other crimes. As a result, the court ordered Company S to partially refund 250,000 yuan to Company X, holding both parties at fault for the invalid contract.
Several Chinese courts have ruled that virtual currencies like bitcoin are considered property under the law, recognizing their economic value and ability to be owned and transferred. These rulings typically distinguish between the status of virtual currencies as property and their prohibition in financial transactions. While China’s regulatory stance strictly bans the use of virtual currencies for trading, fundraising, or payment due to concerns over financial stability and illegal activities, courts have acknowledged their property-like characteristics in specific contexts.
The Songjiang District People’s Court focused on the legality of the financial activities tied to token issuance and fundraising, ruling that the contract violated financial regulations. Activities like token issuance are classified as illegal public financing under Chinese law, rendering the agreement between Company X and S Company unenforceable. The court’s ruling suggests that whether virtual currencies are recognized as property is irrelevant to the validity of agreements involving unlawful activities.
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