Everyone is talking about quantum computers stealing crypto. But are they actually capable of doing that today? No, and that distinction matters.
Binance Chief Security Officer Jimmy Su explains that current quantum computers are nowhere near the capability needed to break the cryptography protecting digital assets.
🚨 More than $3 billion worth of short positions will get liquidated if $BTC hits $66,000. Bitcoin is going to push through this level for sure. We just need to keep an eye on whether people start closing their positions or not.
Memes are pumping hard right now, especially the ones in the $BNB ecosystem. $TUT exploded after the Aster perp listing and a few others are making some serious moves too. Keep your eyes open.👀
Spot Bitcoin ETFs just recorded their strongest weekly inflows since April, bringing in around $750 million+. It turned out to be a pretty solid week for $BTC overall.
Binance's TradFi perps grew from 1 ticker in January to 149 today.From ~2.7% to ~28% of Tier 1 crypto-exchange futures volume in just seven months.
bStocks just hit over $500M market cap in under two months. That is roughly a quarter of the entire tokenized stock market and 68% of the sector growth. 4,777 retail users generated nearly $1.25B in matched volume. 518 systematic traders locked in $1.7M in spread profit.
In the last few months $SOL has not shown any significant moves. After Robinhood pulled a big chunk of the meme coin energy out of the market Solana has been struggling.🔔
But Solana dropped some real news. There are proposals on the table that would burn a lot more SOL every day jumping from around 650 all the way up to 9000. They also want to cut staking rewards by making inflation fall twice as fast.
That means fewer new tokens get printed and more get burned. Supply gets tighter for real. Keep your eyes on this one. It could be huge for Solana.
🚨BREAKING: Michael Saylor’s Strategy has authorized the sale of $5 billion in $BTC after the company reported an $8.2 billion loss in the second quarter.
From $5.6M on day 1 → overtaking xStocks and grabbing 27% of the entire tokenized equity market. Not only that, one in every three crypto perpetual positions on the planet is now sitting on Binance. With $22.86B open interest, 35% of the global market.
Binance is now the fastest-growing product in the space.
The narrative around Gen Z investors is changing. Only 5.9 percent of their trading volume comes from leveraged ETFs, the lowest of any generation. Next Gen Users average 2.6 trades per day versus 3.0 for the wider base.👏
Popular first trades include NVIDIA, Tesla, Apple and the Nasdaq 100 ETF. They are building around long term themes, not chasing noise.
They are showing up prepared and Binance is where a lot of them are building their first real portfolios.
👉Read the full research: https://www.binance.com/en/research/analysis/onboarding-the-next-generation
Pretty boring price action from $BTC over the weekend, just as expected. 🥱
Bitcoin’s next move depends on the Fed rate decision. The probability stays the same as before for the 3.50 to 3.75 BPS range. Still, there is a 34% chance of a rate hike. If we somehow get that rate hike, we head straight into our capitulation phase. If not, there is still a chance we push higher until the first week of August.