In recent cryptocurrency news, Binance Earn has introduced an enticing promotion for its USDC Simple Earn Flexible Products, offering users the chance to earn up to 12% APR. This promotion runs from August 11 to September 9, 2025, and features both Bonus Tiered APRs and Real-Time APR rewards. Meanwhile, Bitcoin has surpassed Amazon in market capitalization, now valued at $2.421 trillion, making it the sixth largest asset globally. This surge in Bitcoin’s value is attributed to strong institutional demand, which may be delaying the anticipated altseason. Despite Bitcoin’s dominance, Ethereum has shown impressive gains, outperforming Bitcoin since April, driven by recent upgrades and regulatory clarity. Additionally, Ethiopia has paused new power licenses for cryptocurrency mining due to capacity constraints, highlighting the challenges faced by the mining sector amid rising interest. As the market evolves, the interplay between institutional investment and altcoin performance remains a critical focus for investors.
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