• RAREMINTS
  • Posts
  • šŸ¤Binance Buys the Dip (The Hustle Daily)

šŸ¤Binance Buys the Dip (The Hustle Daily)

ALSO: Hyperliquid tests ā€œOutcomesā€ 🤩

In partnership with

🧠 Today’s DYOR:

• Binance buys the dip with first $100M
• Hyperliquid tests 'Outcomes,' moving into prediction markets
• Elon Musk’s SpaceX acquires xAI
• Growing optimism for $BANKR

Let’s dive in.

šŸ“ˆ Market Indicator

šŸ’° Binance buys dip with first $100M Bitcoin purchase from $1B SAFU fund

Binance has begun converting its $1 billion SAFU user protection fund into Bitcoin, starting with a $100 million purchase of 1,315 BTC. The exchange plans to move the remaining $900 million from stablecoins into BTC over the coming weeks. The shift comes amid a market dip and reinforces SAFU’s role as a user backstop.

😮 Hyperliquid tests 'Outcomes,' moving into booming prediction markets and limited risk options trading

Hyperliquid is testing ā€œOutcomes,ā€ a new feature that expands the platform into prediction markets and limited-risk options trading. The update, part of the in-progress HIP-4 upgrade, introduces fully collateralized outcome contracts without leverage or liquidation risk. The move taps into surging demand for safer crypto derivatives amid a boom in prediction markets.

🤲 Elon Musk’s SpaceX acquires xAI, merging his two most ambitious companies

SpaceX has acquired xAI, merging Elon Musk’s two flagship companies into what could become the world’s most valuable private firm. The deal highlights the growing importance of AI in space exploration and the race for computing power. Musk says future AI data centers may move to space, powered by massive satellite networks.

āœ‰ļø A Message From The Hustle Daily:

200+ AI Side Hustles to Start Right Now

While you were debating if AI would take your job, other people started using it to print money. Seriously.

That's not hyperbole. People are literally using ChatGPT to write Etsy descriptions that convert 3x better. Claude to build entire SaaS products without coding. Midjourney to create designs clients pay thousands for.

The Hustle found 200+ ways regular humans are turning AI into income. Subscribe to The Hustle for the full guide and unlock daily business intel that's actually interesting.

šŸŒ Industry News

  • Bitcoin's price slide pushes most miner rigs into the red [Read more]

  • New York Attorney General Letitia James slams stablecoin law GENIUS citing consumer protection concerns [Read more]

  • Cboe targets prediction market with ā€˜all-or-nothing’ options revival [Read more]

  • Largest ETH DAT BitMine deepens Ethereum bet with 41,788 ETH buy, ramps up staking [Read more]

  • Michael Saylor's Strategy acquires another 855 BTC for $75M as total bitcoin holdings briefly slip underwater [Read more]

  • Bed Bath & Beyond to acquire Tokens.com in tokenized real estate push [Read more]

  • Epstein files show email flagging Coinbase’s 2019 crypto controversy [Read more]

šŸš€ Projects

  • Web3 gaming chain MultiversX integrates Google’s new AI commerce standard, adds support for x402 payments [Read more]

  • Opera shares jump 18% after MiniPay crypto wallet adds Tether’s USDT stablecoin [Read more]

  • Arcium launches privacy-preserving Mainnet Alpha on Solana as Umbra debuts shielded finance layer [Read more]

  • Privacy project Zama launches token, debuts privacy metric after more than $121 million shielded on Ethereum [Read more]

  • Polymarket expands to Solana through Jupiter DEX integration [Read more]

  • Liquidity protocol CrossCurve bridge exploited for approximately $3 million across multiple chains via spoofed messages [Read more]

  • Aave’s GHO stablecoin supply hits $500M [Read more]

  • $ELON (-12%): Dogelon briefly pumps after ByBit listing [Read more]

  • $HYPE (+40%): Hyperliquid outperforms with HIP-4 progress [Read more] 

  • $ZAMA (-15%): Zama dumps as airdrop recipients cashout [Read more]  

  • $ZIL (+14%): Ziliqa rebounds with new tech update [Read more]

  • $FF (-14%): Falcon Finance struggles despite launch of $50M ecosystem fund [Read more]  

    * % increase shown are changes over the past week

šŸŒ™ Daily Pick

$BANKR: Bankr is an advanced AI agent that streamlines the buying and selling of digital assets.

X: @bankrbot
CA: 0x22af33fe49fd1fa80c7149773dde5890d3c76f3b
Current Price: $0.0006259
FDV: $64M

Bullish Outlook: The bull case for BNKR rests on near-term product launches that could drive real usage, including a private terminal and integrations with prediction markets. Growing activity would generate protocol fees that reward stakers, directly linking demand to value. Strong exchange support and a rising share of tokens staked further reduce sell pressure, supporting the price if adoption continues.

*Disclaimer: This content is for informational purposes only and should not be considered financial advice; always do your own research before making any investment decisions.

✨


Follow RAREMINTS For
Real-Time Crypto
News & Insights ā¬‡ļø