Trump Media

BNB climbed to a two-month high of $620 before meeting resistance at its 200-day moving average, reinforcing its role as a barometer for trading activity across crypto markets. Bitcoin remains under a more complicated spotlight as large addresses build positions while long-term holder balances continue to decline.

Bitcoin is cautiously testing the $65K level for a fourth consecutive day, with traders watching whether the market can build momentum toward the $70K region. Broader crypto sentiment remains fragile, but signs of stabilization, weaker derivatives activity, and major treasury disclosures are shaping the latest market narrative.

Trump Media, Crypto.com and Yorkville Acquisition have terminated plans for a publicly traded company focused on accumulating and staking CRO. The move marks a sharp pullback from Trump Media’s crypto expansion as the firm redirects attention toward media, data licensing and a proposed fusion-energy merger.

Wallets tied to Trump Media moved 2,628 bitcoin worth about $165 million to Crypto.com, leaving roughly 4,261 bitcoin in tagged addresses. The remaining balance now closely matches the 4,260.73 bitcoin the company previously listed as collateral for convertible notes, making its next 10-Q central to understanding whether the transfers were custody movements or sales.