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#HappyNewYearBinancians
wish you very very happy new year guys
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guys go get your reward https://www.binance.com/fan-token/BWS/FCShakhtarFanverse?ref=564439922®isterChannel=fcshakhtar&utm_source=fan-token&utm_campaign=fcshakhtar-fanverse-invite
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#Binance250Million Binance has cemented its position as the leading crypto exchange by reporting customer deposits totaling $21.6 billion in 2024, according to a Dec. 12 report. This achievement places Binance significantly ahead of its competition, with data from DeFi Llama revealing that the exchange’s deposits surpass the combined total of the next ten largest exchanges tracked by 36%. Competitors—including OKX, Bitfinex, Robinhood, and Bybit—collectively reported $15.9 billion in deposits for the same period. Binance attributed its dominance to initiatives like the Binance Launchpool, which has been instrumental in attracting and retaining funds on the platform. Broader market trends, including a surge in Bitcoin and Tether’s USDT deposits, have also fueled the exchange’s growth
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#BitcoinInSwissReserves ZURICH, Dec 31 (Reuters) - A proposal to oblige the Swiss National Bank (SNB) to hold bitcoin was set in motion in an initiative published by the Swiss federal chancellery on Tuesday. The initiative proposes changing the law to make the Swiss central back hold part of its reserves in gold and bitcoin. Put forward by a group of 10 people including a number of Swiss cryptocurrency advocates, the initiative has 18 months to collect the 100,000 signatures necessary for it to be put to a public referendum.
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Launched in late 2018, USDC is designed to maintain a stable value unlike other typically volatile cryptocurrencies. But even stablecoins such as USDC can still be prone to mild changes in price. USDC’s price spiked to an all-time high of $1.19 in May 2019, and noted an all-time low of $0.891848 in May 2021. Changes to supply and demand are the main reason stablecoins move off their $1 peg. During bullish market cycles, demand for stable value assets like USDC drops. That causes the price of USDC and other U.S. dollar-backed stablecoins to fall beneath one dollar. Overall, though, USD coin has maintained long periods of stability at $1.
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