From Wall Street to My Wallet: My First Experience with bStocks on Binance
I had been wanting to invest in companies like NVIDIA or Tesla for a while, but the hours of the traditional market and the difficulties of accessing it always made it complicated for me. Everything changed when Binance launched bStocks and I decided to give them a shot. What exactly are bStocks? They are tokenized assets issued by BTech Holdings Limited (a Binance affiliate) and backed 1:1 by real U.S. stocks that are held in regulated custody. You don't buy the stock directly, but you track its price in real time, with quick trades and without having to wait for Wall Street to open or close.
The U.S. Treasury plans to increase its long-term bond buybacks to around $4B per operation from September.
What stands out is not the announcement itself, but the reaction. Crypto moved much more strongly than the news would normally justify.
That can be a sign that the market was already ready for a move. The Treasury news may have simply provided the trigger.
At the same time, many traders were still waiting for a much deeper correction. Some were expecting $BTC at $62K–$65K before buying, while others were positioned for another drop.
Now the situation is changing. If $BTC keeps moving higher without a major pullback, those waiting for lower prices may start chasing the market instead.
Short sellers face the opposite problem. The longer BTC stays high, the more pressure builds on their positions.
This can create a simple cycle: Higher prices → shorts close → buyers enter → price moves higher.
That is usually what a strong market looks like: fewer deep pullbacks and more buyers willing to enter at higher prices.
$BTC breaks above $71K while $ETH climbs past $2,300
The crypto market has made a strong move higher, with Bitcoin breaking above $70,000 and reaching its highest level since June. Ethereum also climbed past $2,300 before pulling back.
One of the key catalysts was the U.S. Treasury’s decision to double its purchases of long-term government bonds. The move pushed bond yields lower and helped boost demand for riskier assets.
Anthony Scaramucci, founder of SkyBridge Capital, believes the $100,000 level played a major role in Bitcoin’s recent market sell-off.
According to Scaramucci, many investors who had held $BTC for 10–15 years saw $100K as a good opportunity to take profits. As more long-term holders started selling, expectations of further selling grew and created a self-reinforcing cycle, putting additional pressure on the market.
At the same time, early Bitcoin holders are gradually being replaced by institutions, family offices and financial advisors.
SkyBridge believes this shift could eventually reduce Bitcoin’s volatility and strengthen its position as a long-term store of value.
A group known as Cyberleek has released alleged GTA 6 gameplay footage and images of an early version of the game’s map.
At the same time, the group has been promoting its own memecoin, CYBERLEEK, turning the leak into a crypto story as well.
Cyberleek claims that the money raised through the token will help fund infrastructure, security and future leaks. However, there is no independent proof that the funds will actually be used for these purposes.
The token’s market cap reportedly climbed close to $4 million before dropping below $2 million, showing just how quickly speculation around the GTA 6 leaks affected the coin.
Cyberleek has also teased more alleged GTA 6 leaks, which could bring another wave of attention, and volatility, to CYBERLEEK.
For now, the identity of the people behind Cyberleek remains unclear, and Rockstar has not officially confirmed that the group is responsible for the leaked material.
BlackRock Still Sees Bitcoin as a Long-Term Portfolio Asset
Bitcoin has fallen more than 50% from its 2025 peak, but BlackRock says this does not change its long-term view of the asset.
The company continues to suggest that investors consider allocating around 1–2% of a traditional portfolio made up of stocks and bonds to Bitcoin.
BlackRock believes much of the recent decline was driven by forced selling from highly leveraged positions, rather than a major change in Bitcoin’s underlying fundamentals.
The firm also sees Bitcoin as an alternative monetary asset. According to BlackRock, demand for $BTC could increase over time as US government debt and budget deficits continue to grow.
Bitcoin Enters a New Capitulation Phase Bitcoin is showing signs of growing market pressure.
The percentage of $BTC currently in profit has fallen to 51.4%, its lowest level in more than three years. This means roughly 48.6% of Bitcoin is now held at an unrealized loss.
CryptoQuant analysts point out that when this metric falls below 55%, it has historically appeared during periods of capitulation and accumulation.
A similar situation was seen in early 2023, when Bitcoin was trading around $16,000–$20,000. But there is one important point: Trying to predict the exact bottom can be a mistake.
The market may already be entering an accumulation phase, but that process can take much longer than investors expect. The key is not to guess the perfect bottom, but to understand the market cycle and manage risk accordingly.