Binance Launches South African Stablecoin
A consortium including @Luno and Sanlam launches ZAR Universal (ZARU), a blockchain stablecoin pegged to the South African rand, enhancing transparency. #Update #Crypto
Binance
Binance Acquires $100M in Bitcoin
Binance completes second $100M Bitcoin conversion for SAFU fund, providing wallet address and transaction ID for verification. #Update #Crypto $BTC
Binance Acquires 1315 BTC for SAFU Fund
@Binance has purchased an additional 1,315 BTC for its SAFU Fund, increasing total holdings to 2,630 BTC amid market volatility. This conversion is part of a $1 billion stablecoin strategy. #Update #Crypto $BTC
Binance Unaware of $500M WLFI Investment
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Former President Trump claims ignorance of Abu Dhabi Royal’s $500M investment in WLFI. The revelation raises questions about transparency and potential market impacts.
Binance Coin Surges as Grayscale Replaces Cardano
@Grayscale has replaced $ADA with $BNB in its GDLC ETF, enhancing institutional adoption. BNB now holds a 4.97% allocation alongside Bitcoin and Ethereum. #Update #Crypto $BNB
Binance Replaces ADA in Grayscale Fund
Grayscale’s CoinDesk Crypto 5 ETF ($GDLC) replaces Cardano’s $ADA with $BNB in its latest quarterly rebalance, reflecting market dynamics. #Update #Crypto $BNB
Bitcoin Soars as Binance Converts $1B SAFU Fund
@Binance is converting $1 billion from its SAFU fund into $BTC to support market stability, with rebalancing actions triggered if reserves fall below $800 million. #Update #Crypto $BTC
Binance FUD Sparks CZ’s Strong Rebuttal
Changpeng “CZ” Zhao of @Binance refutes allegations of causing recent crypto price drops, denying claims of a $1B BTC sell-off and clarifying SAFU fund operations amid ongoing market scrutiny. #Update #Crypto $BTC
Bitcoin Treasury Grows as Binance Buys $100M
@Strategy has acquired 855 $BTC for $75M, raising funds by selling shares. Current holdings: 713,502 BTC worth over $55B. #Update #Crypto $BTC
Bitcoin Crashes Below Key Support Zone
Bitcoin drops below key support levels, sparking concerns of a deeper sell-off. Traders eye $85,200-$86,200 for potential recovery. Current price: $83,121. #Update #Crypto $BTC
Binance Denies October Flash Crash Failure
Binance denies claims of exchange failure in October’s crypto crash, attributing the sell-off to macroeconomic shocks and liquidity dynamics. #Update #Crypto
Bitcoin Crash Blamed on Binance Rivalry
@StarXu of @OKX blames the October 10 crypto crash on irresponsible yield campaigns tied to USDe, claiming it caused $19.16 billion in liquidations; others dispute this narrative. #Update #Crypto $BTC
Bitcoin Boosts as Binance Moves $1B SAFU Fund
@Binance is rebalancing its Secure Asset Fund for Users (SAFU) by converting stablecoins into $BTC, ensuring fund value remains above $800M. #Update #Crypto $BTC
Binance Blames Macro Risks for Record Liquidations
@Binance attributes the October 10 flash crash to macroeconomic shocks and high leverage, resulting in $150 billion in liquidations across markets; they compensated users over $328 million. #Update #Crypto $BTC $ETH