The issues appear to primarily be interpersonal. According to the report, Lutnick—who also runs Trump’s transition team—has aggressively lobbied to have himself appointed to run the Treasury, and has denigrated Bessent’s fitness to occupy the position as a means to elevate his chances. #bitcoin☀️ ,#doge⚡

Just when he looked poised to tap a crypto bull to run America’s economy, Donald Trump is reportedly having a rethink.

After whittling down his list of possible Treasury Secretary picks to Wall Street executives Scott Bessent and Howard Lutnick last week, the president-elect is now reconsidering whether either crypto advocate is up to the job—and is considering some less crypto-friendly alternatives, according to a new report in The New York Times.
#BTC☀

US House Financial Services Digital Assets Subcommittee to Discuss Tokenization of Real World Assets
According to Odaily, the US House of Representatives' Financial Services Digital Assets Subcommittee is set to hold a hearing next Wednesday to discuss the topic of tokenizing real-world assets (RWA). The information was shared by Fox Business reporter Eleanor Terrett on platform X. The hearing will delve into the potential of transforming tangible assets into digital tokens, a concept that has been gaining traction in the financial sector. The tokenization of real-world assets could potentially revolutionize the way we perceive and handle physical assets, by providing a digital representation of ownership. Further details about the upcoming hearing are yet to be released.

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Binance Adds BounceBit (BB) on Earn, Buy Crypto, Convert, Margin & Futures
2024-05-13 16:20

BB/FDUSD
0.4284
+1692.47%
This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

Binance is excited to announce that BounceBit (BB) has been added to Binance Simple Earn, "Buy Crypto", and Binance Convert. In addition, Binance will add BB on Binance Margin, Binance Futures and Binance Auto-Invest at 2024-05-13 12:30 (UTC), 2024-05-13 12:30 (UTC) and 2024-05-15 10:00 (UTC) respectively.

Earn

Users can now subscribe to BB Flexible Products on Binance Simple Earn.

From 2024-05-15 at 10:00 (UTC), users may purchase BB using any of the payment options supported on Binance Auto-Invest.

Buy & Sell Crypto

Users may now buy BB directly with their credit/debit cards, Google Pay, Apple Pay, or buy and sell BB directly with their available wallet balances at the “Buy Crypto” page.

Convert

Users can now trade BB against BTC, USDT and any other tokens supported by Binance Convert at zero fees.

Margin

Binance Margin will add BB as a new borrowable asset on Cross and Isolated Margin, as well as the BB/USDT pair on Cross and Isolated Margin at 2024-05-13 12:30 (UTC).

Please refer to Margin Data for a list of the most updated marginable assets and further information on specific limits, collateral ratio and rates.

Futures

Binance Futures will launch the USDⓈ-M BB Perpetual Contract at 2024-05-13 12:30 (UTC), with up to 50x leverage.

More details on the USDⓈ-M BB Perpetual Contract can be found in the table below:

USDⓈ-M Perpetual Contract

BBUSDT

Launch Time

2024-05-13 12:30 (UTC)

Underlying Asset

BounceBit (BB)

Settlement Asset

USDT

Tick Size

0.0001

Capped Funding Rate

+2.00% / -2.00%

Funding Fee Settlement Frequency

Every Four Hours

Maximum Leverage

50x

Trading Hours

24/7

Multi-Assets Mode

Supported

Please Note:

The maximum funding rate of the BBUSDT Perpetual Contract at the time of launch is +2.00% / -2.00%.

Risk Warning. 🤔🤔🤔😊😊

Time's running out to grab your share of 10,000 FDUSD in token voucher rewards! Complete easy P2P tasks to unlock your “P2P Rocket Ticket”.

Promotion Period: 2024-04-15 00:00 - 2024-05-15 23:59 (UTC)

Joining is simple:

1. Complete P2P purchase tasks of at least 80 USDT, 0.05 ETH, or 0.01 BTC across any fiat currency to collect unique icon cards.
2. A “P2P Rocket Ticket” will be generated when you collect five distinctive icon cards, entitling you to share in 10,000 FDUSD token vouchers.

Terms and conditions apply. Read more on our campaign landing page.

Happy trading!

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