📈 Crypto Market Snapshot
Bitcoin (BTC): Currently trading around $108,900, with intraday highs near $109,720. It's up modestly (~0.5%) today — showing steady resilience .
Binance Coin ($BNB $BNB): Trading near $663, also modestly up (~0.7%), reflecting similar stability .
📰 Binance & Crypto News Highlights
Binance Stablecoin Reserves Reach $31 B – Bitcoin’s dominance in market cap is decreasing as stablecoin reserves on Binance hit approximately $31 billion .
Key Trends Report by Binance Research – Their July 2025 research shows the total crypto market cap rose by 2.6% in June, driven by DeFi and NFT growth amid geopolitical volatility .
Polygon Network Upgrade Support – Binance will temporarily suspend deposits/withdrawals on the Polygon (POL) network around July 10 to support an upgrade. Trading remains unaffected .
Token Monitoring/Seed Tag Changes – As of July 9, Binance removed monitoring labels from ZEC and seed tags from new projects ENA, PYTH, TAO, and W, signaling these tokens meet maturity standards .
Token Delistings – Five altcoins (ALPHA, BSW, KMD, LEVER, LTO) were delisted by July 4 for compliance reasons; any open orders were canceled and balances returned .
U.S. Senate Crypto Regulation Hearing – The Senate will hold a hearing on July 15 to discuss oversight of digital commodities — a potential game changer for future crypto regulation .
Pakistan CBDC Pilot & Binance Advisor News – Pakistan plans a pilot central bank digital currency (CBDC), finalizing virtual asset legislation. It appointed Binance’s founder, Changpeng Zhao, as a strategic adviser to the Pakistan Crypto Council .
