Four Meme Coins Promoted by Binance… Listing Decided by Vote

# Binance Lists Four Meme Coins Through 'Vote to List' Campaign Binance has announced the listing of four meme coins on its platform, leveraging the BNB Chain-based "Vote to List" campaign. The newly listed coins are Mubarak(MUBARAK), Broccoli(BROCCOLI), Tutorial(TUT), and BananaforScale(BANANA). All four tokens will be assigned the “Seed” tag, indicating their early-stage status. The exchange emphasized that while the final decision was influenced by user voting, other factors were also considered. "The listing wasn't solely determined by the number of votes but also reflected a comprehensive evaluation of the projects' credibility and past performance," Binance stated. Meanwhile, CreatorBid(BID), which ranked second in voting, was ultimately excluded from the final listing decision. # Bitcoin Slips to $85,000 Range in Asian Markets Bitcoin(BTC) experienced a sharp decline, falling to the $85,000 range within Asian trading hours. According to Cointelegraph, three main factors are driving the downturn in Bitcoin's price: continuous selling pressure from short-term holders, reduced market liquidity, and a lack of new demand. Bitcoin held by short-term investors in a loss position has reached 3.5 million BTC, the highest level since 2018. Additionally, on-chain activity indicators, such as transaction volume and the number of active addresses, have declined, further reflecting a lack of market momentum. # SEC’s Paul Atkins Signals Flexible Regulatory Approach Paul Atkins, the nominee for the next chair of the U.S. Securities and Exchange Commission (SEC), has hinted at a more flexible approach to regulation. Atkins stated, "I aim to establish a reasonable and consistent principle-based regulatory framework," signaling openness to dialogue with the industry—a marked contrast to the contentious tenure of former Chair Gary Gensler. However, Atkins’ past advisory roles in the cryptocurrency sector have raised concerns about potential conflicts of interest, which could pose challenges during his confirmation process. # GameStop Announces $1.3 Billion Convertible Bond for Bitcoin Strategy In a bold move, GameStop has revealed plans to issue $1.3 billion in convertible bonds to finance the acquisition of Bitcoin(BTC). CEO Ryan Cohen indicated that the company’s financial strategy has drawn inspiration from Michael Saylor’s Bitcoin-focused playbook at MicroStrategy. Following the announcement, GameStop's stock experienced high volatility. Shares surged 12% immediately after the Bitcoin acquisition plan was made public but tumbled more than 13% the following day, underscoring market uncertainty regarding the strategy.