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Bitcoin Pushes Through $50K for First Time Since Late 2021
The world's largest crypto has now more than recovered since tumbling below $40,000 in the initial days following the opening of the spot ETFs.
$BTC
$ETH
$SOL
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• News Binance, the world's largest cryptocurrency exchange, will suspend U.S. dollar deposits and withdrawals, the company said Monday, without providing a reason for the decision. "We are temporarily suspending USD bank transfers as of February 8th," a Binance spokesperson told CNBC. "Affected customers are being notified directly." The company said "0.01% of our monthly active users leverage USD bank transfers" and added that "we are working hard to restart service as soon as possible." $BTC $BNB $XRP #sanor016CommUNITY #Roman_Omarzad

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• News KEY POINTS Binance will suspend U.S. dollar withdrawals and deposits for international customers beginning Feb. 8, the company said. Binance banking partner Signature Bank in January raised transaction minimums for dollar transfers. Millions of dollars worth of crypto flowed out of Binance after it announced the suspension, but the company says it remains "net-positive." $BTC $BNB $XRP #sanor016CommUNITY #Roman_Omarzad

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• News Did President Biden Just Endorse Bitcoin? The octogenarian politician is sporting laser eyes on Twitter, seemingly unaware it is a symbol of support for the cryptocurrency. $BTC $ETH $BNB #sanor016CommUNITY #Roman_Omarzad

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