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Cryptonewsz

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Binance Now Available in Syria After Suspension of US Sanctions

  • Global crypto exchange Binance is now available in Syria following the lifting of U.S. sanctions.
  • Syrian residents can now access Binance's services to trade over 300 cryptocurrencies, including Bitcoin and XRP.
  • Features like spot and futures trading, staking, stablecoins, and Binance Pay are accessible in Syria for the first time.
  • Educational content in Arabic and localized support have been introduced to aid Syrian users in using the platform.
  • Binance aims to promote financial inclusion and provide secure tools for Syrian users to navigate the digital economy.
  • The move is significant as Syria has faced economic instability, high inflation, and limited financial options due to restrictions on global platforms.
  • Syria ranked among the top 10 countries for crypto-related online searches in 2021, indicating strong interest in cryptocurrencies.
  • Binance plans to conduct educational campaigns and offer guides to assist Syrian users in understanding digital assets and minimizing risks.
  • In its year-end report, Binance disclosed exceeding 250 million registered users by 2024, signaling substantial growth.
  • The exchange operates in numerous countries globally and is focused on expanding further to reach a billion users.

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Coindoo

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Treasury Secretary Bessent: USD Stablecoin Market Could Surpass $2 Trillion by 2028

  • Treasury Secretary Bessent predicts the USD stablecoin market could reach over $2 trillion by 2028.
  • Bessent supported estimates linked to the GENIUS Act, aimed at regulating and expanding the U.S. stablecoin ecosystem.
  • He stated that government-backed stablecoin legislation could enhance the global use of the U.S. dollar through stablecoins.
  • Bessent believes $2 trillion is a feasible milestone for the stablecoin market, anticipating potential surpassing of this mark.
  • Stablecoins are viewed as a strategic financial tool to strengthen the international presence of the U.S. dollar.
  • The Treasury Secretary highlighted historical instances where new mechanisms preserved the U.S. dollar's reserve currency status.
  • He emphasized the Trump administration's support for U.S.-backed stablecoins to secure and expand the dollar's global significance.
  • With increasing digital currency demand worldwide, regulated stablecoins could advance the dollar's influence.
  • Bessent sees stablecoins as a modern evolution in maintaining the U.S. dollar's dominance as a reserve currency.
  • Bitcoin aims for $120,000 amidst potential historic breakout signals in altcoins.
  • Stablecoins backed by U.S. treasuries are perceived as a means to protect and extend the dollar's status in the global market.

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Zycrypto

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Ripple’s XRP ETF Momentum Points to XRP Explosion As $5 Price Target Builds

  • As XRP ETF filings surge, the third-largest cryptocurrency, XRP, shows signs of potential growth.
  • A hidden bullish divergence signals a possible surge in XRP's value.
  • Market analyst Javon Marks indicates a continuation move higher based on the bullish divergence.
  • Bullish divergence suggests weakening selling momentum even as prices drop.
  • XRP may be on track to reach $5 prompted by an ascending triangle pattern.
  • Analyst Ali Martinez predicts an 86% price increase for XRP.
  • XRP saw a 3.3% increase in the past week, reaching $2.25.
  • Expectations for an explosive breakout are fueled by positive XRP ETF filings.
  • The SEC has received spot XRP ETF filings from Canary Capital, Wisdom Tree, and Bitwise.

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Zycrypto

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Anthony Scaramucci says Solana will Seamlessly Substitute Banks for IPOs

  • Anthony Scaramucci predicts that Solana could allow non-traditional users to buy IPOs through wallets by tokenizing public offerings.
  • He is authoring a book titled “Solana Rising”, highlighting Solana's appeal to institutional investors and its potential for tokenizing real-world assets.
  • Scaramucci believes Solana could become a principal rail system for assets, positioning it as an operating layer for stocks, bonds, and tokenization.
  • He anticipates skeptics like Jamie Dimon of JP Morgan Chase will eventually embrace crypto, attributing Dimon's caution to regulatory pressures.
  • Scaramucci and Michael Saylor are interested in assets transitioning into yield-bearing assets, with Solana offering staking opportunities and potential for lending.
  • Anthony Scaramucci sees Solana as a key player in the future financial ecosystem.
  • He envisions a tokenization process enabling broader access to IPOs through Solana.
  • Scaramucci's book, “Solana Rising”, showcases the network's scalability and efficiency for institutional investors.
  • Solana is poised to facilitate the tokenization of various assets such as real estate and securities.
  • Scaramucci highlights Solana's potential to serve as a foundational layer for the trading and transfer of tangible assets.
  • He expresses confidence that traditional finance figures, like Jamie Dimon, will eventually warm up to crypto innovations like Solana.
  • Scaramucci emphasizes the versatility of Solana's ecosystem in enabling lending and staking opportunities for users.
  • He foresees Solana evolving into a reputable platform for financial services akin to established institutions like Goldman Sachs.
  • Anthony Scaramucci discusses the evolving landscape where assets can generate yields through platforms like Solana.
  • He believes Solana's lending capabilities will enhance its attractiveness as a yield-generating asset beyond basic staking rewards.
  • Based on Scaramucci's insights, Solana appears to offer a comprehensive financial ecosystem with diverse benefits for users.

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Coindoo

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Short-Term Holder Realized Price Nears $100K, Marking New Era for Bitcoin Entry Levels

  • The short-term holder realized price for Bitcoin is nearing $100,000, indicating a new era for entry levels in the market.
  • This milestone signifies a significant shift where new buyers are purchasing Bitcoin at five-digit prices by default.
  • The short-term holder realized price reflects the average purchase price of BTC for addresses holding coins for 155 days or less, serving as a gauge of market conviction and capital inflows.
  • The metric has been steadily increasing along with the spot price, with a notable uptick during Q2 2025.
  • The trend suggests that most new buyers are entering the market at historically high levels, showcasing growing long-term confidence and broader adoption.
  • This indicates a transition for Bitcoin from an early speculative asset to a maturing global financial instrument.
  • The rise in the short-term holder realized price raises concerns about affordability for latecomers but also highlights increased capital commitment from newer investors.
  • The $100,000 range is now seen as a potential base rather than a speculative peak.
  • This development comes after a period of price consolidation and heightened institutional interest in Bitcoin, potentially setting the stage for a significant upward movement.
  • Bitcoin's current range is viewed as a possible starting point for the next major price increase.

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Coindoo

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Is Altcoin Season 2025 Around the Corner? Key Indicators Signal a Potential Breakout

  • The Altcoin Season Index tracks altcoins outperforming Bitcoin, signaling market dynamics.
  • Two scenarios historically trigger altcoin breakouts: post-Bitcoin rally weakness and Bitcoin bear phases.
  • Altcoin accumulation opportunities arise when the index is in the green 'Bitcoin Season' zone.
  • Historically, June marks the start of Altcoin Seasons since 2022.
  • Currently, 23% of altcoins are outperforming Bitcoin, hinting at increasing strength.
  • Key metrics beyond price for Altcoin Seasons include on-chain flows, pair strength, sector momentum, etc.
  • Web3 startup funding saw highs in Q1 2025 but dropped significantly in Q2.
  • The data suggests a potential breakout moment for altcoins, with signals aligning in June 2025.
  • Investors remain cautious due to lack of all-time highs, but data points to upcoming momentum.

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Cryptopotato

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BioMatrix to Present Vision for Human-Centric AI Economy at a16z Tech Week’s AI & Finance Conference 2025

  • BioMatrix presented its vision for a human-centric AI economy at a16z Tech Week’s AI & Finance Conference 2025.
  • The project focuses on redefining digital identity and universal basic income through biometric verification.
  • The AI & Finance Conference had over 1,500 attendees, including top builders, investors, and researchers in AI, fintech, blockchain, and quantitative modeling.
  • BioMatrix emphasized building people-centric systems in a technology-driven era.
  • Founder Arthur Qin highlighted the importance of applying AI responsibly and ensuring technology enhances human value.
  • BioMatrix uses a biometric system named Proof of You (PoY) to verify identity and assign value.
  • Within a year, BioMatrix scaled to over 4.5 million verified users with its token reaching a $1 billion market cap.
  • The project aims to onboard 1 billion BioMatrix Citizens by 2028 and become an infrastructure layer for a fair, AI-enhanced economy.
  • BioMatrix offers various AI and blockchain-based services across different sectors.
  • For more information, users can visit biomatrix.ai or follow @BioMatrixAI on X.
  • BioMatrix's objective is to ensure fairness, security, and inclusion for all through its Proof of You AI Token utility.
  • The presentation emphasized the idea of verifying identity with dignity and ensuring technology complements human value.
  • BioMatrix positions itself as a long-term solution for a more equitable digital economy.
  • The company advocates that in the economy, being human should suffice without the need to prove one's worth.
  • The focus lies on creating a decentralized system where human existence is valued in the economy.

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NullTX

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DEX-to-CEX Volume Ratio Spikes Amid Binance Alpha Campaign and Wash Trading Concerns

  • The DEX-to-CEX volume ratio surged in May and early June 2025, exceeding 140% briefly, driven by a spike in DEX trading on the BNB Chain.
  • Binance's Alpha DEX Campaign incentivized trading on decentralized protocols, leading to a significant increase in DEX volume.
  • Wash trading became prevalent during the campaign, with Polyhedra and KOGE generating billions in daily volume artificially.
  • CEX volumes have been declining as DEX gained temporary prominence, with regulatory oversight impacting centralized exchanges.
  • While DEXs attract users with incentives, true growth may be driven by meaningful demand rather than just rewards.
  • The DEX-to-CEX volume ratio hitting 140% raises questions on the future of organic growth in decentralized trading.
  • Despite some volume manipulation, DEX platforms show improved capacity to handle large transaction volumes.
  • Quality vs. quantity will be key in distinguishing growth, with long-term sustainability relying on real user adoption and improved infrastructure.
  • The recent spike in DEX-to-CEX ratio highlights the challenges in establishing decentralized finance against centralized platforms.
  • This article emphasizes the importance of research in cryptocurrency investments and advises caution amidst market dynamics.

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NullTX

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Is Avalanche (AVAX) Waking Up? Network Activity Surges in June

  • Avalanche (AVAX) network activity surged in June, with daily transactions exceeding 1 million on key days.
  • The spike followed the launch of MapleStory Universe, a Web3 game on AVAX, attracting over 50,000 daily active users.
  • The game features blockchain integration, allowing players to earn and exchange assets with real-world value.
  • Avalanche's daily transactions increased by over 275% since early May, now averaging 759k transactions per day.
  • Weekly transaction volume peaked at 5.8 million, signaling a revitalized network compared to earlier in 2024.
  • The use of subnets in Avalanche's architecture has proven beneficial for high-volume use cases like gaming.
  • While the surge in activity appears tied to MapleStory Universe, sustained growth will depend on new applications and community engagement.
  • Avalanche ecosystem expansion includes new subnet projects, gaming collaborations, and growth in DeFi platforms.
  • MapleStory Universe's success may influence other game developers to explore Web3 and blockchain, potentially shifting user bases to blockchain gaming.
  • Historically, intensified network performance precedes market movements, hinting at potential price responses to AVAX's network activity.

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NullTX

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Kamino Finance v2 Sees Explosive Growth as Solana’s Leading Lending Venue

  • Kamino Finance's v2 money markets on Solana are experiencing rapid growth in the decentralized finance (DeFi) sector.
  • It has become the top choice for users seeking to borrow against their principal tokens (PTs) with substantial liquidity.
  • Since launch, Kamino has seen $150 million in total liquidity supplied and $60 million borrowed across its lending markets.
  • The platform's PT lending space surged, surpassing competitors with $28 million in PT deposits leading the market.
  • The Exponent Finance PT market has attracted $17 million in deposits allowing users to take out loans pegged to the price of SOL against restaked tokens.
  • High annual percentage yields (APY) up to 15% for Solana (SOL) suppliers are attracting new capital into the ecosystem.
  • Kamino's association with Maple Finance led to significant growth, with deposits topping $25 million in the SyrupUSDC market.
  • The platform's infrastructure supports isolated lending markets, offering users the ability to engage in DeFi activities without external risks.
  • Kamino Finance's v2 launch sets a new standard for DeFi lending on Solana, drawing liquidity to various markets and innovative concepts.
  • If Kamino's growth trajectory continues, it could become a key player in Solana's financial ecosystem, setting new benchmarks for capital efficiency in DeFi.

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NullTX

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Crypto Investment Funds Reach Record $167B AUM as Capital Rotates Out of Traditional Markets

  • Crypto investment funds have hit a record $167 billion in assets under management (AUM) in May, with over $7 billion in net new inflows.
  • This surge in crypto investments contrasts with outflows from traditional assets such as equity and gold funds.
  • The divergence between traditional markets and the crypto world indicates a shift in investor sentiment.
  • The increase in crypto fund AUM signifies renewed interest in the sector and the maturity of the industry's infrastructure.
  • Ethereum has surpassed Bitcoin in total contract trading volume and liquidations, reflecting growing interest in DeFi and other applications.
  • Institutional demand for cryptocurrencies is rising, with capital being rotated out of traditional markets into digital assets.
  • The market sentiment in the crypto space is turning bullish, with expectations of increased trading activity and network transactions.
  • The influx of capital into cryptocurrencies suggests a potential new bull phase for digital assets amidst regulatory crackdowns.
  • Investors should conduct thorough research before buying cryptocurrencies or investing in related services.
  • Stay updated with the latest news on Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse by following @nulltxnews on Twitter.

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NullTX

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Arbitrum Protocols Generate $5.5M in Revenue Despite Slight Monthly Decline

  • Despite a slight monthly revenue decline, Arbitrum protocols generated $5.5 million in revenue in May, showcasing a vibrant community actively using the network.
  • Revenue breakdown in Arbitrum's ecosystem reveals diversification, particularly in derivatives and yield protocols.
  • GMX leads the derivatives sector with $1.83 million in revenue, while Penpie stands out in yield protocols with $497,000.
  • Uniswap remains the top DEX in Arbitrum, with other platforms like Mayan Finance and Camelot DEX making progress.
  • Arbitrum's DeFi landscape is evolving with new entrants and sector fragmentation shaping revenue dynamics.
  • The ecosystem presents a laboratory for DeFi capital experimentation and growth, driving user interest and innovation across sectors.

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NullTX

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Bitcoin Liquid Staking Market Nears $4B TVL as Lombard Finance Dominates

  • The Bitcoin Liquid Staking Tokens sector is growing rapidly, approaching a total value locked (TVL) of nearly $4 billion.
  • Lombard Finance leads in the liquid staking BTC space with 18,338.96 LBTC, significantly ahead of its competitors.
  • Capital efficiency is a key theme in DeFi, with Bitcoin staking offering yield opportunities for investors.
  • Lombard Finance is popular and gaining traction in lending markets, with 42.7% supply used in top DeFi platforms.
  • LBTC's adoption in lending protocols has reached new highs, with Aave and Spark Protocol being notable adopters.
  • The integration of LBTC into lending markets showcases Bitcoin's evolving role in DeFi, transforming it into a productive asset.
  • The LST market is maturing, with Bitcoin staking becoming popular among individuals and institutions seeking yield-bearing opportunities.
  • Platforms like Lombard are driving the transformation by offering integrated products within the DeFi ecosystem.
  • The liquid BTC tokens market is valued around $4 billion, offering new investment vehicles but also raising concerns about risks.
  • Investment disclaimer: This does not constitute trading or investment advice. Always conduct thorough research before investing in cryptocurrencies.

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NullTX

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Ethereum Breaks Out: Bullish Momentum Builds as Cost Basis Support Strengthens

  • Ethereum has broken out of a prolonged sideways price action, surpassing key accumulation levels and aiming for the next price hurdle.
  • Cost basis clusters indicate a solid foundation of support zones between $2,700 and $2,760 for Ethereum.
  • On-chain data shows around 2.1 million ETH accumulated in the $2,700 to $2,760 range, suggesting strong support if the price retraces.
  • Resistance levels are relatively balanced above the current spot price until $3,400–$3,420, with minimal hindrances observed.
  • Short-term volatility has surged post-breakout, with options market reflecting increased demand for hedges and leverage as Ethereum's implied volatility rises.
  • Technical analysis suggests Ethereum's momentum holds with resistance thin until $3.4K, dependent on sellers' behavior and broader market sentiment.
  • ETH's recent gains of almost 50% this quarter indicate strong momentum, requiring observance of how it navigates the next price range for a sustainable rally.
  • Market indicators like spot price performance, cost basis levels, and options market sentiment will play a pivotal role in Ethereum's price trajectory in the near future.

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NullTX

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Bitcoin Faces Calm Before the Storm as Market Eyes $120K Milestone

  • Bitcoin remains in a bullish structure, but a temporary cooling-off phase is suggested by recent market activity.
  • Short-term holders show restraint despite recent price movements, leading to a strategic pause rather than a sentiment shift.
  • Indicators signal a possible short-term pullback from the recent $110K peak towards a healthy pause before potentially reaching $120K.
  • Short-term holders have sold an average of 21K BTC on centralized exchanges, indicating a relative calm and normal market phase.
  • Traders view $120K as a psychological milestone that could trigger renewed market volatility and profit-taking.
  • Derivatives market shows caution with a $1 billion drop in open interest, suggesting unwinding leveraged positions during market reset.
  • If Bitcoin approaches $120K with patient short-term holders and low leverage, breaking this threshold might occur more smoothly.
  • Bitcoin's market structure remains bullish, but the next phase depends on a delicate balance of investor behavior and market dynamics.
  • Consolidation with a cautionary undertone is observed, indicating a potential push to the upside if short-term holders maintain composure.
  • Leverage stepping back and market dynamics favoring Bitcoin holders could lead to another upward push in price.

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