ππ¦πͺ #BNB CZ announced that BNB is now available for trading at Rakbank, one of the UAE's largest banks.
ππ #BNB State of BNB Chain in Q2 2025:
- BNB's market capitalization rose 7.5% to $92.6 billion, while BNB Smart Chain revenue declined 37.5% YoY to $44.1 million (the decline in revenue was driven by a 90% reduction in base gas commission);
- Daily volume on DEX grew 45.2% to $3.3 billion, the highest among all networks (PancakeSwap was the market leader with an 85.1% share, while Uniswap and StableSwap also showed significant growth);
- The number of active addresses and transactions per day increased by 33.2% and 101.9%, respectively, thanks to Binance Alpha campaigns.
- BNB's market capitalization rose 7.5% to $92.6 billion, while BNB Smart Chain revenue declined 37.5% YoY to $44.1 million (the decline in revenue was driven by a 90% reduction in base gas commission);
- Daily volume on DEX grew 45.2% to $3.3 billion, the highest among all networks (PancakeSwap was the market leader with an 85.1% share, while Uniswap and StableSwap also showed significant growth);
- The number of active addresses and transactions per day increased by 33.2% and 101.9%, respectively, thanks to Binance Alpha campaigns.
π€¬πΈ CoinGlass: Almost $100 million has been liquidated in the last hour
π° #ETH SharpLink approved a $1.5 billion share repurchase program: If there are periods when our shares are trading at or below the net asset value (NAV) of our ETH assets, issuing new shares as part of our capital raising efforts will result in a lower ETH per share value. In such a scenario, the most advantageous action may be to repurchase our common shares.
π€π° #BNB Huaxing Capital, which is listed on the Hong Kong Exchange, has partnered with YZi Labs and is planning to acquire BNB for $100M
π¨ββοΈ #WEMIX A South Korean court has ordered Wemade to compensate former and current employees to the tune of about 9.939 billion won.
πΊπΈπΏ #macro Powell:
- Possible easing of QE if labor market allows;
- Labor market softens, economy slows;
- Rebalancing of risks may require policy adjustment
- Possible easing of QE if labor market allows;
- Labor market softens, economy slows;
- Rebalancing of risks may require policy adjustment
πΊπΈπ #macro Traders now believe the probability of a Fed rate cut in September has risen to 90%.
πΊπΈπ¨π¦ #tradewars Canada will cancel retaliatory duties on many goods from the US
ππ #ETH #BTC Since the beginning of the year, the volatility of BTC has been steadily decreasing, while the volatility of ETH has been steadily increasing. The volatility spread between these two assets has grown to a 6-year high.
Bloomberg writes, that this is another reason why traders now like ETH more than BTC.
Bloomberg writes, that this is another reason why traders now like ETH more than BTC.
ππ #BTC Glassnode: the nearest support zone lies between $104kβ$108k, where over 1.15M BTC was accumulated over the past year. This dense supply region may serve as a strong support if the market continues to correct.
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ππ #TWT Trust Wallet has achieved a milestone of $100 million in TVL within their Stablecoin Earn program.
π #ETH Taker Buy Volume (hourly) hits a multi month high of $5.76B.
Ethereum has updated this year's high and is just a little bit away from ATH.
Ethereum has updated this year's high and is just a little bit away from ATH.
ππ #ETH market cap rose >$65 billion today, the second largest daily increase on record.