📈 Market Pulse

Bitcoin is holding strong near $114,500–$115,000, up ~0.9% over the past 24h  .

• Ethereum climbed ~2.6–3% to $3,559, while XRP surged ~5% above $3.00 .

• PayFi tokens led broader gains with ~8% upside, and sectors like DeFi, RWA, and NFTs posted solid mid-single-digit improvements .

📊 Market Overview

• Total crypto market cap rebounded to about $3.72T, marking a ~1% gain after brief intra-day highs of $3.8T followed by a pullback .

• Gate Ventures reports week-over-week corrections—BTC down ~3.8%, ETH ~8%, altcoins down ~5–8%—but institutional inflows are keeping BTC relatively resilient .

🛠️ Binance News & Features

Bitcoin options writing (i.e. selling BTC options) has been unlocked for all users, with a 20% fee discount on BTC, ETH, BNB, and SOL options to boost retail access .

• Binance Alpha now lists Cycle Network (CYC), exemplifying projects focused on circular-economy utility. Trading volume often jumps ~150% post-listing .

• The DARK token airdrop launched today: users with ≥200 Alpha Points are eligible for 1,000 DARK tokens—eligibility thresholds will dilate hourly if undistributed .

Sei network (SEI) deposits and withdrawals are temporarily paused on Binance starting August 4 ahead of scheduled network upgrade at block height ~160,945,710 on August 5—trading remains unaffected .

• Collateral ratio adjustments affecting 10 assets (e.g. VIRTUAL +50%, DOT down to 75%) are rolling out Aug 5–8 to reinforce risk protocols in margin trading .

🌍 Big Picture & Regulation

• US regulatory momentum builds: the bipartisan GENIUS Act now signed into law (July 18, 2025), creating strict reserves rules for stablecoin issuers .

• Former UK Chancellor George Osborne warns Britain risks lagging behind regulatory leaders like US, Singapore, Hong Kong, and Abu Dhabi.#CryptoUpdate #BinanceAlpha #BTCoptions #CYC #DARK #MacroTrends #BinanceNews