Tag: Binance

Binance Supports Countries in Managing Bitcoin Reserves and Shaping Crypto Policies, Says CEO

Key Notes Richard Teng says Binance is supporting countries in creating crypto reserves. Binance plans to set up an official headquarters. Trump’s interest in Bitcoin encourages other countries to develop more crypto-friendly policies. Binance is reportedly supporting countries in managing their Bitcoin reserves and shaping their crypto policies, according to its CEO, Richard Teng. This comes after the U.S. President Donald Trump reaffirmed his support for cryptocurrencies and pushed forward the development of digital assets in the country. In an interview with the Financial Times, Teng highlighted that Trump’s decision…

Binance helps countries with Bitcoin reserves, crypto policies, says CEO

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Cryptocurrency exchange Binance is involved in discussions on establishing strategic digital asset reserves with several countries, its CEO, Richard Teng, reportedly said. Binance has been advising multiple governments on establishing strategic Bitcoin (BTC) reserves and formulating crypto asset regulations, Teng said in an interview with the Financial Times on April 17. “We have actually received quite a number of approaches by a few governments and sovereign wealth funds on the establishment of their own crypto reserves,” Teng told the FT. Teng did not identify any countries but said that the…

Binance in talks with countries to establish strategic Bitcoin reserves: report

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Once at the center of major enforcement actions, Binance now appears to be advising countries on creating strategic crypto reserves. Despite facing criminal charges in 2023, Binance now seems to be advising governments and sovereign wealth funds on how to create national strategic Bitcoin (BTC) reserves and set digital asset regulations, Binance CEO Richard Teng told the Financial Times. In a Thursday interview, Teng said that the exchange has received “quite a number of approaches by a few governments and sovereign wealth funds” on the establishment of “their own crypto…

Binance Traders Go All-In on Dogecoin Longs

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. A fresh snapshot of Binance’s futures market data shows Dogecoin attracting a remarkably bullish stance among traders. According to a chart shared by Ali Martinez (@ali_charts) on X, 72.13%…

Bitcoin Bulls Positioning Aggressively On Binance, Data Shows

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Data shows the Bitcoin Net Taker Volume has been highly positive on Binance recently, a sign that the bulls are putting up aggressive bets. Bitcoin Binance Net Taker Volume Is Currently At A Notable Positive Level As explained by CryptoQuant community analyst Maartunn in a new post on X, Bitcoin taker buyers have dominated the Binance platform during the last few days. The indicator of relevance here is the “Net Taker Volume,” which measures the difference between the taker buyer and taker seller volume on any given centralized exchange. When…

Binance to Halt Key Functions on BNB Chain on April 17, Here’s Reason

Key Notes Due to maintenance, Binance will pause BNB Smart Chain deposits and withdrawals on April 17. The scheduled maintenance starts at 06:00 UTC and is expected to last about one hour. Trading of BNB and other BEP-20 tokens will continue as normal. Leading digital asset exchange Binance has announced that it will perform wallet maintenance on the BNB Smart Chain. Notably, this will lead to a short pause in key functions. This scheduled update will affect all deposits and withdrawals involving BEP-20 tokens. Deposits and Withdrawals Paused for One…

Binance Flags Dangerous Mantra’s OM Volatility With Leverage Cut Months Before Crash

OM token’s sudden crash unleashed widespread cross-exchange liquidations, prompting a swift Binance response as traders faced halted profits and escalating concerns over tokenomics integrity. OM Token Plunge Triggers Binance Alert With Cross-Exchange Liquidation Fallout Crypto exchange Binance responded to the sharp price drop in OM, the native token of Mantra, in a series of posts […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Binance Whales Are Calm Despite Market Uncertainty, ETF Outflows

Key Notes Binance whales are not panicking despite high market volatility. Spot BTC ETFs recorded over $700 million in net outflows last week. Crypto liquidations increased by 40% in 24 hours. Bitcoin BTC $84 405 24h volatility: 0.5% Market cap: $1.68 T Vol. 24h: $28.79 B whales on Binance, the largest crypto exchange by trading volume, remain unfazed despite the macroeconomic uncertainty and increased outflows from the US-based spot BTC exchange-traded funds. Financial markets, including crypto, witnessed high selloffs last week as US President Donald Trump brought the tariff rate…

Former Binance Chief Offers Governments Free Crypto Advice on Regulation and Adoption

Binance founder CZ is offering free regulatory guidance to governments worldwide, signaling a powerful new push to accelerate global crypto adoption and reshape digital finance. CZ Ready to Help Governments Embrace Crypto—No Fees, Just Commitment Former Binance CEO Changpeng Zhao (CZ) has expressed his willingness to support governments looking to embrace digital assets. Posting on […] Source CryptoX Portal

Binance preps US comeback, courts Trump for help: report

Binance, the world’s largest cryptocurrency exchange, is plotting a return to the U.S. based on newfound ties with the Trump family. According to the Wall Street Journal, executives from Binance met with U.S. Treasury officials last month to request the removal or reduction of a federal monitorship that has overseen the exchange’s compliance with anti-money-laundering laws since it pled guilty in 2023 and paid a record $4.3 billion fine. Canada also fined Binance, but the penalty was much lower at $4.3 million. At the same time, Binance has been exploring…