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Binance converted $300 million in stablecoins into 4,225 BTC for its Secure Asset Fund, raising its Bitcoin holdings to 10,455 BTC. Interest also surrounds its relationship with Trump-linked USD1 stablecoin, which has a $5 billion supply, primarily held on Binance.
Over $278 million in crypto tokens will hit the market this week from cliff and linear unlocks across over a dozen projects, Tokenomist data shows.
AVAX, APT, and STRK top the cliff unlocks chart, while RAIN’s 9.45 billion tokens lead the linear unlocks.
This week, more than $278 million
The PUMP token is experiencing downward pressure, decreasing by about 2% and extending a prior 4% drop. With 10 billion tokens unlocking soon, retail investor interest wanes, increasing the risk of further declines amid bearish technical indicators.