🔹 Binance News Highlights

Spot Trading Volume Decline in Q2 – Despite a positive market outlook, Binance reported a ~22% drop in Q2 spot trading volume (from $4.6 T to $3.6 T), with traders favoring derivatives for hedging amid macro uncertainties like economic slowdown and global risks

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Caldera (ERA) HODLer Airdrop & Spot Trading Launch – Binance has launched Caldera (ERA) as the 27th project on its HODLer Airdrop platform. Eligible BNB holders (from a July 1–5 snapshot) will receive a share of 20 M ERA. Spot trading goes live on July 17 across several pairs, including ERA/USDT and ERA/USDC

Taker Protocol (TAKER) Alpha Listing Coming July 18 – On Binance Alpha, TAKER will debut with an airdrop event. As usual with Alpha listings, expect early volatility from hype, but fundamentals matter

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🔹 Ethereum Momentum at $3.4K

Institutional Backing & ETF Flows Fuel Surge – Over $1 B in ATH ETF inflows into Ether ETFs and major corporate buys (e.g., 545k ETH treasury purchases, BitMine’s $500 M ETH acquisition) suggest strong institutional accumulation

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Technical Signals Point to Upside – After breaking out from key triangular consolidation and moving above its 50‑ & 100‑day averages, ETH is now targeting $3,400 resistance. Analysts note fresh momentum with RSI over 70

Binance Staked ETH Expands Market Share – Binance’s wBETH (staked ETH token) now controls 20% of the liquid staking market ($9.3 B), marking rapid growth vs. re-staking usage in DeFi

DL News

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Binance Research Insight – Latest research by Binance notes increased institutional interest in ETH, with strong demand fueling bullish sentiment

The Economic Times

On-Binance Sentiment – Data from Greeks.live shows Binance sentiment pointing to $3,300–$3,400 as the next key resistance levels, with large call options positioning playing a strong part

Caldera (ERA) drops July 17 on Binance HODLer Airdrop—20M tokens split among BNB

stakers. Ready your wallets!

Looking ahead: TAKER on Binance Alpha July 18—expect hype and volatility; DYOR! 💵🌴