Binance’s Bitcoin and Ethereum Reserves: A Tale of Two Cryptos 🤑

To put this in perspective, Binance’s Bitcoin holdings amount to a staggering 2% of the entire available supply. Yes, you read that right. Two percent! It’s enough to make one feel like a king, or at least a very wealthy duke. 🤴 But the real drama lies with Ethereum. In a single month, Binance’s ETH reserves plummeted by 285,000 ETH, or 5.34%, to 5.05 million ETH. That’s a drop that would make a stone sink in a pond. 🪨💦

💸 Bitcoin Boom: Why Waiting Pays Off 💰

To those who tremble at the thought of their Bitcoin positions, remember this: every box on the bullish checklist has been ticked. Yes, the price has yet to soar since emerging from its six-week-long bull flag, but rest assured, it’s merely a matter of time.

Trump’s Crypto ETF: XRP Makes the Cut, But Is It a Win? 🤔💰

This ETF is a real mix of digital assets, with a whopping 70% in bitcoin, 15% in ether, 8% in solana, 5% in Cronos, and a tiny 2% in XRP. It’s like a crypto smoothie, but with a Trump twist. The trust, a Nevada business trust sponsored by Yorkville America Digital, is aiming for a NYSE Arca listing. Foris DAX Trust, the US arm of Crypto.com, is handling the digital assets, and they’re even passing through staking rewards. Talk about a win-win! 🎉

Decentralized in Name Only?

But how did we get here? UMA, a protocol separate from Polymarket, has a history of making contentious rulings that have left even Polymarket scratching its head 🤔.