📈 Market Highlights
Bitcoin's market cap has surpassed $2 trillion, now ranking among the top 5 financial assets globally, moving up from #7 in just one week.
The correlation between Bitcoin and US stocks has weakened: According to recent data, the correlation between Bitcoin and US stocks has weakened, making it more attractive for diversification.
Performance of meme coins: DOGE increased by 3%, $SHIB increased by 2%, and more than 10% increase in 27599971321.
🏛️ Regulatory and Political Updates
SEC's new plan: The new chairman of the U.S. Securities and Exchange Commission (SEC) has expressed the intention to pave the way for registration of crypto token sales, marking a significant step for the blockchain industry.
Trump-linked crypto projects under scrutiny: Former President Donald Trump's crypto projects, such as "Official Trump Coin" and "USD1" stablecoin, are facing criticism in Congress, which is also impacting related legislation.
🔧 Latest updates from Binance
35 billion PEPE giveaway: Under this week's limited-time offers in Binance Earn Yield Arena, users are being gifted 35 billion PEPE coins.
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