
Binance Dominates 40% of Bitcoin Reserve Market, Hits $155 Billion in Assets
Despite ongoing skepticism and FUD, Binance has reached a new all-time high in its share of the Bitcoin reserve market, solidifying its dominance.
Despite ongoing skepticism and FUD, Binance has reached a new all-time high in its share of the Bitcoin reserve market, solidifying its dominance.
The latest long/short ratio chart shows a noticeable disparity: long positions make up only 41.61%, while short positions dominate.
Binance spent 36% more on compliance in 2023 than it did the previous year.
Binance said it will delist C98, IDEX, FIS, MBOX, REN, and TKO, triggering intense selloff.
Binance introduces merged mining for Fractal Bitcoin, allowing users to mine Bitcoin and earn FB rewards with specific conditions.
In an effort to ensure fair distribution and prevent concentrated holdings, Binance has also capped the maximum holding limit per user. It says users in the BNB and FDUSD pools may hold no more than an hourly hard cap of 265,625 USUAL and 46,875 USUAL, respectively.
Binance has announced the perpetual contract listing for sudeng and X Empire.
Binance’s Changpeng Zhao has discredited the popular “Bitcoin is Dead” narrative from critics.
Recently, Binance saw more than 13 million visits on its app in just one day.
Binance has been recognized as the top crypto infrastructure provider in the 2024 Asia FinTech Innovators list by Fortune Asia, highlighting its leadership in the blockchain and crypto sector.
DOGE and XRP were added to Binance Smart Arbitrage during a strong crypto market.
Binance founder and former CEO has disclosed life after prison and the current insight on his ownership of Binance.
The notable surge may have been driven by key developments across various sectors.
100 users will receive $150 worth of TON, and 1,400 users will receive $25 worth of TON.
Binance has requested that the court should dismiss the legal claims from the US SEC over its securities violations.