The largest cryptocurrency exchange in the world, Binance, has received $2 billion from MGX
The largest cryptocurrency exchange in the world, Binance, has received $2 billion from MGX, an Abu Dhabi-based investment group. In its eight-year history, this is Binance's first institutional investment and MGX's first entry into the cryptocurrency space. The transaction used stablecoins, demonstrating the growing institutional interest in blockchain technology and digital currency. Binance has not disclosed the stablecoin used in the transaction. Who are MGX? Artificial intelligence, data
Binance’s Latest Initiatives to Strengthen Community and provide more benefits
Binance unveiled improvements in listing and delisting policies that aim to promote increased community interaction. In their announcement, Binance asserted their unrelenting dedication to serving their users, above all, affirming that the community is key to the exchange's prosperity and expansion. Binance launched the "Vote to List" and "Vote to Delist" processes. The community is to have a greater role in the listing process. Binance's Reasons for Improving its Listing/Delisting Policies The
📊👀 #ETH IntoTheBlock: On-chain data indicates a significant support zone for ETH just under $1,900, where around 3.56 million ETH was acquired between $1,843 and $1,900.
This accumulation suggests robust support, but if ETH slips below this range, the risk of capitulation grows, as demand appears notably weaker beyond this level.
The world’s largest futures exchange, #CME Group, is officially launching Solana futures today—a huge step towards institutional adoption! Putin and Trump will meet tomorrow to talk peace. The FOMC meeting is on Wednesday. We’ve got a crazy week ahead for Bitcoin & crypto! Buckle up! 🫣 Hold on tight! ✊