Binance to Allocate $1B SAFU Fund Into Bitcoin Amid Price Dips
Binance announced plans to move $1 billion from its Secure Asset Fund for Users (SAFU) from stablecoins into Bitcoin over the next 30 days.
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Binance announced plans to move $1 billion from its Secure Asset Fund for Users (SAFU) from stablecoins into Bitcoin over the next 30 days.
Macroeconomic and geopolitical tensions have reignited the Bitcoin versus gold debate, contributing to a widespread market selloff.
MSTR shares hit a new 52-week low, extending their one-year decline to 57% amid renewed Bitcoin weakness.
Ethereum’s early supporters are repurposing $220 million in idle funds from the infamous 2016 DAO hack to establish a comprehensive security fund for the network.
Swiss-Singaporean banking group Sygnum and Starboard Digital secured 750 BTC ($65M) in seed funding for their actively managed Bitcoin yield fund, delivering 8.9% annualized returns despite market volatility.
Bitcoin plunged to $84,437 in a sudden crash that wiped out $85 billion in market capitalization and triggered over $200 million in liquidations within hours.
Institutional trading infrastructure firm Talos secures $45M in Series B extension funding, reaching $1.5B valuation with backing from Robinhood Markets, Sony Innovation Fund, and other strategic partners.
Ethereum is currently trading around $2,940 after slipping below a key resistance zone near $4,000.
Cardano is preparing a new hard fork upgrade, with the team focused on delivering two upcoming Cardano Node releases.
JPMorgan explains why Bitcoin is not acting as a hedge to the falling US dollar, with both assets correcting over 10% in one year.