
June 15th, 2025
The altcoin markets just woke up suddenly with Ethereum and XRP leading the way adding 7% and 16% correspondingly. Despite Bitcoin price makes no major movements, this may mean that the market is starting to mature.
The U.S. arm of Binance is set to open today at 8 AM (EST). Binance US will however not be available to about 13 states in the U.S., will be free and will only list a few assets including BTC, ETH, and XRP in this initial phase.
The lottery draw for the earlier announced Band Protocol has been completed with more than 9% of winning tickets. The Binance announcement also states that BAND trading pairs have been launched, and also includes airdrop details.
Binance is set to resume operations in the United States of America under the name of Binance US. This indicates that the cryptocurrency exchange is doing everything possible to gain an upper hand in the marketplace.
Circle CEO Jeremy Allaire said that China’s research and development on CBDC outclass its peers and the digital version of Chinese Yuan could possibly bypass the Western banking system.
Binance recently launched its futures trading platform which is on an invitation-only basis. The soft launch has already raised about $150 million in less than twenty-four hours. This may mean good things for the cryptocurrency exchange.
Backed by offshore yuan, the new stablecoin adds to three other Tether’s stablecoins pegged to such fiat currencies as U.S. dollar (USDT), Euro (EURT) and the Japanese yen (JPYT).
Binance enters into the cryptocurrency derivatives market with the acquisition of an exchange based in Seychelles, JEX, which will rebrand to Binance JEX offering options, futures, and perpetual contracts.
After a highly successful phase on launch of Binance Lending, the exchange has now announced the launch of a second phase with a few more digital assets added including BTC, ETH, and ADA.
The speculations to CZ’s Twitter teaser have proven to be true – Binance has now announced the upcoming launch of its crypto lending service. Users can earn up to 15% interest on BNB and other assets.
At the wake of an increased patronage for stablecoins, Tether adds yet another stablecoin to its repository, unveiling that this new ‘CNHT’ stablecoin would be tied to the offshore Chinese Yuan.
The New York Supreme Court ruled that the matter between the state’s Attorney General and iFinex, the parent company of the exchange Bitfinex, may continue.
Crypto derivatives platform Blade will allow users to trade its perpetual swap contracts in Bitcoin and altcoins with up to 150x leverage. Coinbase, as well as other giants, took part in this funding round.
The latest reports reveal that just 318 Tether whales control over 80% of its circulating supply with each of them holding at least $1 million worth of USDT tokens making the market vulnerable to manipulation.
In a bid to provision digital currency traders with an ample means to manage all of their assets from a single wallet, an upgraded version of the number one stablecoin – Tether, would be launched on Blockstream’s Liquid Sidechain Network.