News & Research

Binance Wallet announced on X that it will host its 29th exclusive token generation event (TGE) for Boom Foundation (BOOM) in collaboration with PancakeSwap. The event will take place on July 8 from 08:00 to 10:00 UTC, and participation requires Binance Alpha Points.

Binance Exchange launched Institutional Loans, offering up to $10M in USDT or USDC with up to 4x leverage and potential zero interest, secured against assets like BTC, ETH, SOL and BNB, according to U.Today. The service targets VIP 5+ and corporate clients, enabling cross-collateralized borrowing across accounts. Binance also named Gillian Lynch, formerly of Gemini Exchange and the Central Bank of Ireland, as Head of Europe and UK to lead operations and regulatory engagement in the region.

China’s JD.com, known as China’s Amazon, and Ant Group, an affiliate of Alibaba Group, are urging the central bank to approve yuan-based stablecoins to counter the dominance of U.S. dollar-linked digital currencies, according to CoinDesk, citing Reuters. The companies have proposed issuing offshore yuan-backed stablecoins in Hong Kong to help raise the Chinese currency’s global profile. They also plan to launch Hong Kong dollar-pegged stablecoins when new local regulations take effect on Aug. 1.

Following a decline in implied volatility for Bitcoin (BTC) and Ethereum (ETH) in June, traders on crypto derivatives exchange Derive.xyz are positioning for a sharp price move in July. Despite global events like the Middle East conflict, which caused temporary volatility spikes, the market anticipates limited fallout. While Bitcoin's options market shows a balanced outlook, Ethereum is seeing stronger bullish momentum, with nearly 80% of July call options above $3,000. Experts suggest that Ethereum's potential breakout could be supported by real-world use cases, while Bitcoin's options market remains coiled for a decisive move, according to The Block.

Sentora (formerly IntoTheBlock) reported on X that Bitcoin (BTC) posted its fifth straight week of net outflows from exchanges, largely driven by inflows into spot ETFs. This week, BTC price rose to $109,582 (+2.0%), total fees increased to $3.86M (+13.8%) and exchange flows showed a net outflow of $920 million.

Hilbert Group, a Nasdaq-listed digital asset investment firm, announced a strategic crypto treasury plan that designates Bitcoin (BTC) as its primary reserve asset, according to a press release on ACCESS Newswire. Oversight of the initiative will be handled by a dedicated Treasury Committee chaired by Chief Investment Officer (CIO) Russell Thompson.

ETH/BTC investor James Fickel transferred 30,000 ETH ($76.45 million) to Coinbase Prime and 50,000 ETH ($127.42 million) to its custody address about 30 minutes ago, according to on-chain analyst @EmberCN on X. He had been inactive for six months after losing 20,632 ETH ($68.84 million) last year betting on ETH/BTC.

UK and Singapore officials convened in London this week for the 10th UK-Singapore Financial Dialogue, where they agreed to strengthen cooperation in digital finance, particularly in tokenized assets and artificial intelligence (AI), Decrypt reported. The two nations committed to advancing Project Guardian, a joint initiative between regulators and the investment sector focused on exploring the real-world potential of tokenized financial assets. Plans are underway to broaden industry participation through organizations such as the UK Investment Association and the Investment Management Association of Singapore. The dialogue also covered the Global Layer One (GL1) project, which aims to facilitate cross-border trading of tokenized assets by addressing regulatory and technical challenges.

As per a recent survey by HarrisX, a market research and consulting services company, 73% of U.S. crypto investors support President Donald Trump's cryptocurrency policies. According to PR Newswire, the poll was carried out among 1,096 U.S. adults who have invested in crypto, and 81% of those respondents said they are familiar with the Trump Administration's cryptocurrency policies. In addition, 73% of them approve of Trump's work in the crypto sector.

iMBank, formerly known as Daegu Bank, has filed for a series of trademarks related to Korean won-based stablecoins, according to Newsis. The bank submitted applications for 12 trademarks, including names like iMKRW, iMST and KRWiM. These combine “KRW,” the currency code for the Korean won, with “iM,” reflecting the bank’s new corporate identity after its transition from a Daegu-based regional bank to a commercial bank. Other major financial institutions, such as the Industrial Bank of Korea, Shinhan Financial Group, Toss Bank, KB Kookmin Bank, KakaoBank and Naver, have also filed for won stablecoin-related trademarks in recent years.