you can now post berkshire stock as margin collateral on binance and most people scrolled right past it
binance listed 5 more bStocks on spot today: $BRKBB , $VSTB , $BOTB plus KSTRB and TMFB. since 12:00 utc they also count as collateral on cross and portfolio margin. no borrowing them yet
rwa tokenization is one of the things i watch closest, and this is it landing where the volume already is. using a stock token to back crypto trades is a real unlock if you hold both. but its only for eligible users, and a 3x treasury etf as collateral can get you liquidated fast if you dont watch margin
im not moving anything over yet. want to see how the collateral holds up on a volatile day first
ill keep tracking what binance ships, follow along if thats your thing
everyone forgot about privacy coins again and $ZEC just reminded them
up 9.5% today to 1,333, after printing a 1,350 high. this isn't a thin pump either, about $226M traded in 24h
what i like is how it's acting after the high. it pulled back a bit but it's holding around 1,330 instead of dumping straight back to where it opened at 1,217. that usually means real buyers, not just one squeeze
i'm not aping in at the top of a green day though. if it holds 1,250 on a pullback, that's where i start paying attention. lose the 1,190 daily low and i call it a squeeze and move on
follow if you want more of these reads on what's moving
$BTC back at 83.6k, up about 2.5% on the day and sitting right under the 83.7k high. $ETH doing a bit better, +3.2% to around 2,470 after bouncing off 2,384 earlier.
what i like is eth leading a little. when eth outpaces btc on a green day it usually means people are willing to take a bit more risk, not just hiding in btc.
but both are pressing their daily highs at the same time, and that's usually where things get decided. either we break through tonight and hold, or get rejected and chop back into the range.
i'm not chasing here. i'd want a clean hold above these levels before adding anything. if we lose 81k on btc, i'm just waiting it out. no rush.