Tag: Binance

Binance introduces review mechanism to remove unqualified tokens

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Binance announced on March 12 that its Alpha platform has implemented a new comprehensive token review framework that will aim to remove tokens that don’t meet certain quantitative and qualitative criteria. The quantitative metrics include trading volume stability, liquidity depth, frequency of onchain transactions and distribution of tokenholders. The qualitative metrics include project team credibility, adherence to regulatory compliance, community popularity and more. Tokens that don’t meet these standards will be removed from Binance Alpha, the announcement said. Binance Alpha is a platform within the company’s Wallet service that highlights…

Binance Secures Historic $2 Billion Crypto Investment From Abu Dhabi’s MGX

Abu Dhabi-based MGX has invested $2 billion in Binance, marking the largest institutional investment ever in a crypto company and the largest ever paid in stablecoins. The deal cements Binance’s dominance and signals growing institutional faith in blockchain’s future. MGX Enters Crypto with Record-Breaking $2 Billion Stake in Binance Binance, the world’s largest crypto exchange […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Bitcoin whales hint at $80K ‘market rebound’ as Binance inflows cool

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Bitcoin whales are back buying BTC while “panic” is keeping smaller investors away, according to new research. Data from onchain analytics platform CryptoQuant shows sell-side pressure from Binance whales cooling. Bitcoin whales reset market approach Bitcoin (BTC) at $80,000 is proving attractive for large-volume investors, or at least a poor value selling proposition for those wishing to exit the market. In a “Quicktake” blog post on March 12, CryptoQuant contributor Darkfost revealed that the proportion of the top 10 largest inflows to Binance attributed to whales has declined. “Monitoring whale…

Binance announces community voting mechanism for token listings

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Binance, the world’s largest centralized exchange, has announced a community co-governance structure that allows Binance users to vote to list or delist tokens on the platform. According to the announcement, Binance will select projects which the community can vote on. Tokens that receive the most votes will be listed on Binance following due diligence from the centralized exchange company. Projects that fail to provide regular progress updates or necessary token information, engage in malfeasance, or have inactive developer teams and communities will be placed in the platform’s “monitoring zone.” Once…

Binance Overhauls Crypto Listings and Delistings—Community Votes Will Decide Winners and Losers

Binance is handing power to its users with a new governance system, allowing them to vote on token listings and delistings, reshaping market dynamics and transparency. Binance Unveils Community-Driven Token Governance System Crypto exchange Binance has introduced a new community-driven governance system for token listings, allowing users to have a direct say in listing and […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Binance Whales Cash Out as Bitcoin Drops—More Downside Ahead?

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Bitcoin’s price has once again turned bearish after briefly recovering to $94,000 on Monday. Notably, the cryptocurrency had shown signs of strength earlier this week following a period of decline, but the recovery was short-lived. As of today, Bitcoin slipped below $90,000, marking a 1.8% decrease in the past 24 hours. According to CryptoQuant analyst Crazzyblockk, one key factor contributing to this downward movement appears to be increased selling pressure from large Bitcoin holders. Whales and Large Holders Drive Selling Pressure on Binance Crazzyblockk in his latest insight highlights how…

Top Crypto Exchange Binance Launches Trading Support for Brand-New Multichain Oracle Altcoin

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Binance, the largest crypto exchange by trading volume in the world, has rolled out trading support for a brand-new multichain oracle altcoin. Traders on the top global crypto exchange can now buy and sell RED, the native asset of the modular blockchain oracle RedStone. RedStone bills itself as “the fastest-growing blockchain oracle” with users on more than 80 chains. “In 2024 alone RedStone user base grew by over 500%, and Total Value Secured grew by over 6,000%. Powered by novel, sustainable tokenomics, RED will accrue REAL YIELD from RedStone data…

Lake Binance? How naming rights can fund the Bitcoin reserve

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Auctioning off naming rights to national landmarks offers a proactive, budget-neutral boost, echoing President Trump’s call to harness digital assets for American prosperity. On March 6, 2025, President Donald J. Trump signed an Executive Order establishing the Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile, a decisive step to make America the “crypto capital of the world,” as outlined in the White House Fact Sheet released today.  By designating Bitcoin (BTC) a reserve asset — initially funded with 88,000 BTC of forfeited holdings — the order charges the Secretaries of…

Nigeria’s Crypto Clampdown: Binance Users Blocked From Crypto Giveaway Programs

Binance’s battle with the Nigerian government has taken a new turn, as users in the West African country are now blocked from participating in airdrop campaigns. Users Told Service No Longer Available Weeks after Binance’s battle with the Nigerian government reignited, users of the cryptocurrency exchange in the West African country are reportedly being blocked […] Source CryptoX Portal

Litecoin Whale Deposits 500,000 LTC To Binance: Price Decline To Extend?

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On-chain data shows a Litecoin whale has made a huge deposit to the cryptocurrency exchange Binance in the past day, a sign that could be bearish for LTC’s price. Binance Has Just Received A Massive Litecoin Inflow According to data from the cryptocurrency transaction tracker service Whale Alert, a large move has been spotted on the Litecoin network during the last 24 hours. The transfer in question involved the shifting of 500,000 LTC across the network. At the time that the chain executed the transaction, this stack was worth around…