Tag: Binance

Massive Bitcoin inflows to Binance ahead of CPI report — is BTC price crash incoming?

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Bitcoin inflows to Binance have surged over the past 12 days as today’s CPI data release looms — are investors bracing to sell? In his recent post on X, CryptoQuant’s Maarten Regterschot pointed out that over 22K Bitcoin (BTC) — worth approximately $1.82 billion — were transferred to Binance over the past 12 days. This brought the exchange’s total BTC reserves to around 590,874 BTC. Source: X post by CryptoQuant.com “This shows a strong acceleration in BTC inflows to Binance,” Regterschot wrote. “It’s likely that investors are actively moving funds…

Binance Introduces LDUSDT to Combine Earning and Futures

Key Notes The digital currency trading platform Binance plans to introduce LDUSDT to users. Users will be able to access the product through the Simple Earn product at an unchanging rate. LDUSDT is a different product from BFUSD. Binance, the world’s largest digital asset exchange by trading volume, is set to launch a new product called LDUSDT. This upcoming product will allow users to trade crypto futures while earning additional benefits from their locked USDT funds. Binance LDUSDT Bridges Trading and Passive Income Binance’s latest product, LDUSDT, is designed as…

Binance to purge 14 tokens following ‘vote to delist’ process

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Binance is planning to delist 14 tokens from its platform on April 16 in a move designed to purge low-quality projects that do not adhere to the crypto exchange’s tighter listing requirements.  The tokens are being delisted following a “comprehensive evaluation of multiple factors,” including the exchange’s first “vote to delist” results, where community members nominated projects with less than stellar metrics, Binance announced on April 8. Other factors included the team’s commitment to the project, development activity, trading volume and liquidity, network stability, responsiveness to Binance’s due diligence requests…

Nigerian court postpones Binance tax evasion case to end of April: Report

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A Nigerian court has reportedly delayed the country’s tax evasion case against Binance until April 30 to give time for Nigeria’s tax authority to respond to a request from the crypto exchange. Reuters reported on April 7 that a lawyer for Binance, Chukwuka Ikwuazom, asked a court the same day to invalidate an order allowing for court documents to be served to the company via email. Binance doesn’t have an office in Nigeria and Ikwuazom claimed the Federal Inland Revenue Service (FIRS) didn’t get court permission to serve court documents…

Bitcoin, showing ‘signs of resilience’, beats stocks, gold as equities fold — Binance

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Bitcoin (BTC) is showing “signs of resilience” even as stocks and the broader cryptocurrency market plunge amid a global market sell-off after US President Donald Trump imposed sweeping tariffs on US imports last week, Binance Research said.  As of mid-day trading on April 7, Bitcoin is up almost 1% to nearly $79,000. Meanwhile, the S&P 500 — an index of large US stocks — is essentially flat and front-month gold futures are down around 1.5%, according to Google Finance. “Even in the wake of recent tariff announcements, BTC has shown…

Binance Exchange Lands WorldPay Partnership, Here’s the Big Catch For Users

Key Notes Binance has partnered with Worldpay to enable Apple Pay and Google Pay for crypto purchases directly on its platform. The integration aims to make crypto access easier, especially for unbanked and mobile-first users worldwide. Over 1,000 payment methods and over 125 fiat currencies are now supported as Binance expands its global reach. Leading cryptocurrency exchange Binance has announced a strategic partnership with Worldpay, a global payment technology provider. The collaboration between the two firms will allow users to purchase crypto using Apple Pay and Google Pay directly through…

Binance Data Reveals Surprising Bitcoin Trading Patterns—Here’s What Traders Are Doing

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

Traders holding onto Bitcoin despite market panic: Binance

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Crypto markets declined in March due to concerns over the ongoing trade war and monetary policy. Still, traders have not given up on Bitcoin, according to a new report from Binance. Bitcoin (BTC) reserve, monetary policy, and fears over the trade war are stirring the markets, according to Binance. On April 4, Binance published a report on the state of the crypto market last month, delineating key trends. The overall crypto market declined by 4.4% in March. The primary drivers of this volatility were tariff tensions, with U.S. President Donald…

Bitcoin DeFi surge may boost BTC demand and adoption — Binance

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The value locked in Bitcoin-based decentralized finance (BTCFi) has surged by more than 2,700% over the past year, potentially transforming Bitcoin from a passive store of value into a productive, yield-bearing asset, according to new research from Binance. BTCFi is a new technological paradigm that aims to bring decentralized finance capabilities to Bitcoin’s base layer. It is one of the fastest-growing crypto sectors, reaching a total value locked (TVL) of over $8.6 billion. The growing value of BTCFi, “along with potential interest rate cuts, may reinforce positive sentiment for Bitcoin…

Binance co-founder Changpeng Zhao to advise Kyrgyzstan on blockchain tech

Former Binance CEO Changpeng “CZ” Zhao will begin advising the Kyrgyz Republic on blockchain and crypto-related regulation and tech after signing a memorandum of understanding with the country’s foreign investment agency. “I officially and unofficially advise a few governments on their crypto regulatory frameworks and blockchain solutions for gov efficiency, expanding blockchain to more than trading,” the crypto entrepreneur said in an April 3 X post, adding that he finds this work “extremely meaningful.” His comments came in response to an earlier X post from Kyrgyzstan President Sadyr Zhaparov announcing…