Binance Delivers $1 Billion Blow to Crypto Bears

Australia News News

Binance Delivers $1 Billion Blow to Crypto Bears
Australia Latest News,Australia Headlines
  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 63%

Binance announcement has excited the cryptocurrency community and sparked hopes of a price surge

a $1 billion blow to crypto bears by announcing the conversion of the remaining funds from its Industry Recovery Initiative from BUSD stablecoin to native cryptocurrencies like BTC, BNB and ETH.

This move by Binance is a clear indication of the exchange's belief in the future growth of the cryptocurrency market.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Utoday_en /  🏆 295. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Binance Adds BNB/USDC, BTC/USDC & ETH/USDC Trading Pairs | Binance SupportBinance Adds BNB/USDC, BTC/USDC & ETH/USDC Trading Pairs | Binance SupportFellow Binancians, Binance will open trading for the BNB/USDC, BTC/USDC and ETH/USDC trading pairs at 2023-03-12 06:30 (UTC) . Start Trading on Binance Spot Now! Notes: Where any discrepancy ari...
Read more »

Binance converting $1 billion in BUSD to bitcoin, ether and BNBBinance converting $1 billion in BUSD to bitcoin, ether and BNBBinance CEO Changpeng Zhao announced on Twitter that exchange would convert approximately $1 billion of BUSD to bitcoin, ether and BNB.
Read more »

US trustee appeals NY Judge’s approval of Voyager deal with Binance.USUS trustee appeals NY Judge’s approval of Voyager deal with Binance.USThe Voyager - Binance US deal continues as the DOJ files an appeal against a New York judge's approval. Will regulators let the billion-dollar transaction go through?
Read more »

Binance Trains Ukraine’s Cyberpolice and Security Service – Exchanges Bitcoin NewsBinance Trains Ukraine’s Cyberpolice and Security Service – Exchanges Bitcoin NewsCrypto exchange Binance has organized training courses for representatives of law enforcement authorities in Ukraine.
Read more »

Binance US, Alameda, Voyager Digital and SEC — the ongoing court sagaBinance US, Alameda, Voyager Digital and SEC — the ongoing court sagaIn the latest update, a bankruptcy judge approved the billion-dollar between Binance.US and Voyager Digital, however the following day the U.S. Department of Justice filed an appeal against the decision.
Read more »

Binance Will Convert $1B Worth of BUSD Stablecoin to Bitcoin, Ether, BNB, and Other TokensBinance Will Convert $1B Worth of BUSD Stablecoin to Bitcoin, Ether, BNB, and Other TokensThe BUSD transaction from Binance industry fund took 5 seconds and cost merely $1.29, Binance CEO cz_binance said. By shauryamalwa.
Read more »



Render Time: 2025-02-26 22:27:26