Crypto exchange Binance bought its first 1,315 Bitcoin as part of its conversion plan for the Secure Asset Fund for Users ...
Binance will convert its $1 billion SAFU reserve into Bitcoin, signaling long-term confidence amid extreme market volatility.
Binance has started converting the assets backing its Secure Asset Fund for Users (SAFU) into Bitcoin, executing an initial purchase of 1,315 BTC worth ...
Binance buys $100M Bitcoin under SAFU plan, fueling speculation of central bank-style support amid market sell-offs.
The $100 million transfer follows the exchange's Jan. 30 announcement that it would shift the SAFU fund toward bitcoin over a ...
From a technical view, at BTC’s current spot of around $80k, that’s roughly 12,500 BTC on paper. However, Binance isn’t going all-in at once. Instead, the plan is slow, strategic accumulation to avoid ...
Asianet Newsable on MSN
Bitcoin crashing prompts Binance to add 1,300 BTC to its $1 billion safety fund
This is the first time in two years that Binance has bought Bitcoin for its SAFU fund.
Binance would be converting its $1 billion SAFU fund into Bitcoin reserves, signaling long-term confidence in BTC despite ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results