Crypto Markets Today: Bitcoin and Altcoins Recover After $500B Crash

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The crypto market staged a recovery on Monday following the weekend's $500 billion bloodbath that resulted in a $10 billion drop in open interest.Bitcoin (BTC) rose by 1.4% while ether (ETH) outperformed with a 2.5% gain. Synthetix (SNX), meanwhile, stole the show with a 120% rally as traders anticipate "perpetual...
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Investment Bank China Renaissance Plans $600M BNB Treasury With YZi Labs: Bloomberg

⚪ Neutral
Hong Kong-listed investment bank China Renaissance is seeking to raise $600 million to introduce a public crypto treasury focused on BNB, the native token of the BNB Chain that’s widely used for discounts on Binance fees.The project, if completed, would mark one of the largest single bets on BNB by...
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