Cryptonews

As it transitions into a BNB-centric digital asset company, its latest acquisition has sparked a most thrilling upward price movement for the coin 🚀 – a development that has left market observers positively giddy with excitement.

According to the folks at Deribit, 27,384 Bitcoin options contracts are set to expire, with a notional value of $2.98 billion. That’s a lot of cash, honey! 💸 The put-call ratio is currently at 1.05, which is like a big ol’ bear hug for the market 🐻.

The appointment comes as Binance deepens its focus on regulated markets across the region. Lynch’s responsibilities include driving regional growth while maintaining user protection standards as the exchange adapts to frameworks like Europe’s MiCA regulations.

“From a technical angle,” Chifoi concedes, “this could mean an actual breakout, maybe even a polite retest, followed by some mathematical magic.” But he waves his warning lantern: what if it’s just the market’s way of luring in the over-excited, pushing Bitcoin past $113,000—possibly $120,000—only to have it tumble home with its tail between its legs right before July 20?

The project’s pre-launch phase, which began on the auspicious date of April 1, has been nothing short of a triumphant march towards success. With regular price increases, Husky Inu has managed to raise a staggering $812,524, proving that even the most humble of cryptocurrencies can achieve greatness with a little determination and a dash of humor.

Avalanche’s doing so well it makes other chains look like they accidentally tried to Venmo money to a fax machine. In the last 24 hours, AVAX dragged in $32.92 million like it was picking up a pizza on Friday night. That’s *not* trivial—meanwhile, some other networks are basically running lemonade stands and praying for rain.

This is not the first time such a phenomenon has occurred today, as two more dormant addresses, also holding 10,000 BTC each, moved their funds in a similar fashion earlier. In total, 40,000 BTC tied to early mining or purchases have been moved today, and all of this without the assistance of centralized platforms! 😲

While whales are quietly draining tokens from exchanges, retail traders are snoozing away. 💤 Despite the silent accumulation, prices remain rangebound. 📉

The budget proposal, which sailed through in the late hours of July 3, almost entirely along partisan lines, with only two Republicans daring to vote against it, significantly boosts the US government’s borrowing power. This has, unsurprisingly, earned it a fair share of criticism from Democrats and even some of Trump’s own allies, like the ever-vocal Elon Musk. 🚀