If the USD were to crash -10% today, the Fed would surely intervene. They wouldn’t even blink. The central bank has, in the ...
The $100 million transfer follows the exchange's Jan. 30 announcement that it would shift the SAFU fund toward bitcoin over a ...
Binance buys $100M Bitcoin under SAFU plan, fueling speculation of central bank-style support amid market sell-offs.
Bitcoin sees worst crash since November 2024.
Binance will convert its $1 billion SAFU reserve into Bitcoin, signaling long-term confidence amid extreme market volatility.
Binance would be converting its $1 billion SAFU fund into Bitcoin reserves, signaling long-term confidence in BTC despite ...
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 ...
More notably, Wood linked the chaos to a software glitch at Binance. "October 10th was, what in the crypto world...is the ...
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 ...
In the wake of a significant drop in gold and silver prices, Binance founder Changpeng Zhao has offered his insights on the ...
Crypto exchange Binance bought its first 1,315 Bitcoin as part of its conversion plan for the Secure Asset Fund for Users ...
Binance added 1,315 Bitcoin worth about $100.7 million to its SAFU insurance fund. ・Binance announced last week that it plans ...