Binance Enhances Market Liquidity with New USDC-Denominated Trading Pairs
Binance, a leading global cryptocurrency exchange, has further expanded its trading options by introducing three new USDC-denominated spot trading pairs: ILV/USDC, MAGIC/USDC, and USDC/BRL. This strategic move, effective from August 12, 2025, aims to enhance stablecoin liquidity and provide traders with more diversified investment opportunities. Alongside these new pairs, Binance has also activated algorithmic trading services, including Spot Algo Orders, to optimize trading efficiency. Notably, the PROVE/USDC pair is set to debut soon, signaling Binance's continued commitment to innovation and market leadership in the crypto space.
Binance Expands Trading Options With New USDC-Denominated Pairs
Binance continues to solidify its position as a market leader with the introduction of three new spot trading pairs. Effective August 12, 2025, traders gain access to ILV/USDC, MAGIC/USDC, and USDC/BRL markets - a strategic MOVE emphasizing stablecoin liquidity.
The exchange simultaneously activates algorithmic trading services for these pairs, including Spot ALGO Orders. Notably, the PROVE/USDC pair will debut with advanced trading bot functionality through Spot Grid and Spot DCA services.
BNC Secures $160M in BNB, Becoming World’s Largest Corporate Holder
BNB Network Company (BNC), the treasury management arm of Nasdaq-listed CEA Industries Inc., has solidified its position as the largest corporate holder of BNB globally with a $160 million purchase of 200,000 tokens. The move follows a $500 million private placement led by 10X Capital and YZi Labs, earmarked for BNC’s treasury strategy centered exclusively on BNB as its primary reserve asset.
BNB, the native token of BNB Chain, ranks as the fourth-largest cryptocurrency by market capitalization and the third-largest chain by total value locked ($12.3 billion). Its deflationary token burns and rising on-chain activity underscore its appeal. With 250 million users and a daily trading volume averaging $9.3 billion as of July 2025, BNB remains underrepresented in the U.S. market—a gap BNC aims to bridge by offering institutional exposure without requiring direct token custody.
The rebranded company, now trading under the ticker BNC, views BNB as both a reserve asset and a long-term growth opportunity aligned with one of Web3’s most active ecosystems. Potential catalysts, including a BNB spot ETF, could further amplify its trajectory.
TST Token Developer Dumps $30K, Sparks Community Outrage
The TST token, initially created as a tutorial example by the BNB Chain team, has become a focal point of controversy. What began as a harmless demonstration of memecoin creation has spiraled into one of crypto's most volatile narratives this year.
A developer abruptly sold $30,400 worth of TST tokens across four transactions, completely exiting their position. This move has ignited trader backlash, particularly since the project's private key was supposedly destroyed. Market participants are demanding transparency about how these sales occurred under such circumstances.
The token's accidental notoriety began when its name appeared in a tutorial video, triggering speculative trading that briefly inflated its market cap beyond $200 million. At its peak, TST reached $0.52 before collapsing to its current $25 million valuation. Binance founder CZ previously clarified the token's educational origins, but the recent sell-off has reignited scrutiny.
BNC Expands BNB Treasury Holdings in Strategic Crypto Play
CEA Industries, operating under the name BNC, has solidified its position as the largest corporate holder of Binance Coin (BNB) with a $160 million purchase of 200,000 tokens. This acquisition represents the initial phase of a previously announced $500 million treasury strategy, signaling aggressive institutional adoption of crypto assets.
The transaction was facilitated through a private placement led by 10X Capital and YZi Labs, with potential to scale investments up to $1.25 billion. BNC's management frames the move as both a strategic reserve and growth opportunity, capitalizing on BNB's expanding utility across global blockchain ecosystems.
Market observers note the purchase coincides with a notable rally in BNC's stock price following disclosure of the treasury plan. The firm positions itself as a gateway for traditional investors seeking exposure to BNB's ecosystem without direct cryptocurrency ownership.
BNB Tests $800 Resistance Amid 4% Volatility Swing
BNB's price action turned turbulent as the token swung 4% between $793 and $827 within 24 hours, ultimately settling above the psychological $800 level. Early momentum pushed it to a $827.33 peak—supported by over 146,000 tokens traded in one hour—before sellers intervened. Repeated attempts to breach $800.50 resistance faltered despite volume spikes, leaving the market in a consolidation phase.
Institutional demand remains undeterred. CEA Industries emerged as BNB's largest corporate holder after a $160 million treasury purchase, propelling its market cap to $112 billion and solidifying its position as the fifth-largest cryptocurrency. Technical indicators suggest a breakout above $800.50 could retest $811.22, while failure to hold $794 support may trigger deeper corrections.
Ethereum's $5K Quest and the Rise of Base Layer 2 Token BlockSACK
Ethereum (ETH) remains the cornerstone of the altcoin market, yet its struggle to reclaim the $4,000 level has traders eyeing a new liquidity magnet: BlockSACK (BSACK), a meme-fi project built on Base LAYER 2. While ETH hovers near $3,600, BSACK's presale is drawing whales and degens with its staking rewards, NFT minting, and play-to-earn ecosystem.
Ethereum's institutional inflows and flippening narratives clash with retail impatience. Binance's ETH reserves dropped 9.84% in July—a potential bullish signal if demand materializes. Meanwhile, BSACK's viral incentives threaten to divert liquidity from ETH's sideways grind.
