The bitcoin price has plummeted under the closely-watched $80,000 per bitcoin level, sparking fears that a full-blown bitcoin ...

Binance completed the first $100 million Bitcoin purchase for its SAFU fund conversion on February 2, executing a transaction ...

Months after the Oct. 10 liquidation cascade, market depth has yet to recover, and traders are divided over Binance's role as ...

Crypto exchange Binance bought its first 1,315 Bitcoin as part of its conversion plan for the Secure Asset Fund for Users ...

Binance buys $100M Bitcoin under SAFU plan, fueling speculation of central bank-style support amid market sell-offs.

Binance moved about 1,315 Bitcoin into its Secure Asset Fund for Users (SAFU) as it begins a 30-day shift of the user ...

Binance SAFU Fund acquires 1,315 Bitcoin worth over $100 million, marking a strategic shift amid high market volatility and ...

The $100 million transfer follows the exchange's Jan. 30 announcement that it would shift the SAFU fund toward bitcoin over a ...

Crypto exchange Binance has transferred roughly $100 million in Bitcoin to its Secure Asset Fund for Users (SAFU). On-chain data indicates that approximately 1,315 BTC was transferred in one ...

As the bitcoin price slumps, Binance said it will convert the $1 billion stablecoin-backed Secure Asset Fund for Users entirely into bitcoin over the next 30 days.

Binance adds 1,315 Bitcoin to SAFU reserve, starting $1B reserve shift from stablecoins toward Bitcoin-backed protection.

This is the first time in two years that Binance has bought Bitcoin for its SAFU fund.