Binance and Crypto Industry Poised for Growth as White House Executive Order Targets Bank Discrimination

The Trump administration is reportedly preparing an executive order aimed at penalizing US banks that discriminate against cryptocurrency firms and politically conservative entities. This significant move seeks to address debanking practices by imposing financial repercussions on non-compliant institutions, potentially marking a pivotal moment for the integration of cryptocurrencies into traditional finance. The order could accelerate institutional adoption of digital assets, with major platforms like Binance standing to benefit from a more inclusive financial ecosystem. As the crypto industry continues to evolve, this development underscores the growing recognition of digital assets within mainstream finance and could pave the way for broader acceptance and integration.

White House Executive Order Targets Banks for Crypto Discrimination, Potentially Accelerating Institutional Adoption

The Trump administration is preparing an executive order that would penalize US banks for discriminating against cryptocurrency firms and politically conservative entities. This move addresses debanking practices by imposing financial repercussions on non-compliant institutions, signaling a potential watershed moment for crypto integration into traditional finance.

Binance founder Changpeng Zhao (CZ) hailed the development as ending banks' ability to ignore digital assets. "This opens banking for crypto internationally," Zhao tweeted, referencing historical difficulties crypto firms faced when attempting fiat transactions through correspondent banks.

Market observers compare the order's significance to the approval of Bitcoin ETFs earlier this year. Investor Paul Barron predicts: "This would force every major bank to embrace crypto companies. Get ready for the floodgates to open – institutional money is coming." The directive requires bank regulators to investigate potential violations of equal credit opportunity laws.

WazirX Implements Secure Voting Process for Amended Scheme with Third-Party Oversight

WazirX has initiated a secure voting process for its Amended Scheme of Arrangement, set to conclude on August 6, 2025, at 7:30 PM IST. The exchange has partnered with Kroll Issuer Services (KIS) to ensure a tamper-proof system, with votes authenticated, timestamped, and stored in a protected environment.

Independent oversight by Alvarez & Marsal will verify the results before Zettai seeks court approval. Upon sanctioning, Zanmai will enable token access for eligible users within 10 business days. The process underscores WazirX's commitment to transparency and regulatory compliance in handling user assets.

Hyperliquid Sets Record with $320M in Monthly Trading Volume

Hyperliquid cemented its dominance as the leading perpetual decentralized exchange (DEX) in July, posting a record $320 million in cumulative trading volume. The platform's 47% monthly growth was fueled by heightened altcoin activity amid a volatile crypto market.

Ethereum emerged as a key driver, with open interest nearly doubling to surpass $15 billion for the first time. The exchange's whale-driven liquidity and first-mover advantage help it capture 11.9% of Binance's derivatives market share, despite offering higher-risk Leveraged positions that frequently result in public liquidations.

With $597 million in total value locked, Hyperliquid generated between $2-4 million in daily fees throughout July. The platform's fee structure reflects its unprecedented growth trajectory as it continues to challenge centralized derivatives markets.

Bitcoin Shows Resilience Amid $10B Outflow as Bulls Target $200K in Q4

Bitcoin's recent 7% dip from its $123.4K all-time high appears more like a bullish re-accumulation than a breakdown. Despite a $10 billion capital outflow, BTC has absorbed selling pressure NEAR the $112.3K lows, signaling potential groundwork for the next leg upward.

Analysts point to rising Binance stablecoin reserves—now above $32.3 billion—as dry powder for a Q4 rally. Seasonal trends and the absence of panic selling during the correction suggest holders remain conviction buyers. Swissblock data reveals smart money re-entering during weakness, flipping momentum before the local bottom.

With structural support holding and institutional inflows poised to return, Bitcoin's path toward $200K by year-end remains plausible. The market now watches for stablecoin deployment into BTC and large-cap tokens as the next catalyst.

$200K Bitcoin (BTC) This Year? On-Chain Metrics Make a Strong Case

Bitcoin's recent technical correction, following its all-time high of $123,400 on July 14, has seen the cryptocurrency dip nearly 7% to $114,000. Macroeconomic pressures, bearish technical signals, and liquidation events have contributed to the decline. Yet, historical trends suggest Q4 could reignite bullish momentum.

CryptoQuant analysts interpret the pullback as a technical adjustment within a broader price discovery cycle. This cycle, driven by supply-demand dynamics, may propel BTC toward $200,000 by late 2025. Seasonal tailwinds align with this outlook—Q4 has historically favored Bitcoin's performance.

Binance's on-chain data reveals substantial stablecoin reserves, signaling latent capital poised to re-enter the market. Such inflows could benefit both BTC and major altcoins like BNB, potentially catalyzing an altseason. Institutional interest in Bitcoin's treasury-like properties may further accelerate price discovery, though altcoin participation remains uncertain amid crowded market conditions.

$1000 in Binance Coin (BNB) Has Yielded $7 Million In 8 Years

An initial $1000 investment in Binance Coin (BNB) in July 2017 would now be worth over $7 million, marking a staggering 712,312% return. Such astronomical gains highlight the explosive growth of early crypto investments during bull markets.

Repeating this feat today appears improbable. At current prices, $1000 buys just 1.319 BNB. For that to reach $7 million, each coin WOULD need to hit $5.3 million—an unrealistic scenario given BNB's 200 million circulating supply would imply a $1 quadrillion market cap.

BNB recently peaked at $858 before correcting 11.6% amid broader market turbulence. The pullback reflects macroeconomic uncertainty following Trump's tariff announcements and the Federal Reserve's interest rate pause. Despite this, Binance's native token continues demonstrating strong fundamentals, with whale accumulation and chain metrics suggesting sustained institutional interest.