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Crypto Biz: Binance slashes costs, Ripple ready for US banks and crypto VCs return

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This week’s Crypto Biz looks at Binance’s ongoing efforts to curb declining profits, Ripple’s expectation that U.S. banks may soon adopt XRP and the first signs of venture capital returning to crypto.

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Coin Market

Altcoins have ‘30% to 60%’ upside if Bitcoin taps $86K: Analyst

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MN Trading Capital founder Michael van de Poppe doesn’t expect Bitcoin to drop below $75,000 in the near term, even as Polymarket traders price in a different outcome.

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Coin Market

Crypto-aligned Fellowship PAC bets big on Texas Senate race

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The Fellowship PAC disclosed that it had spent $1.75 million in support of Texas Attorney General Ken Paxton, facing Senator John Cornyn in a May runoff.

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Coin Market

Global crypto adoption slumps amid macro pressures, Turkey defies downtrend

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Retail crypto activity fell 11% in Q1 as macro pressures weighed on markets, though Turkey and emerging economies showed resilience, TRM Labs data shows.

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