The bitcoin price has plummeted under the closely-watched $80,000 per bitcoin level, sparking fears that a full-blown bitcoin ...
Months after the Oct. 10 liquidation cascade, market depth has yet to recover, and traders are divided over Binance's role as ...
Binance completed the first $100 million Bitcoin purchase for its SAFU fund conversion on February 2, executing a transaction ...
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 ...
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.
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 ...
This is the first time in two years that Binance has bought Bitcoin for its SAFU fund.