Visa Announces “Ambitious Crypto Product Roadmap”

Sheffield spoke on the need for engineers to “help us drive mainstream adoption of public blockchain networks and stablecoin payments.”

https://twitter.com/cuysheffield/status/1650533302724591616

📍 Follow @Coins for the hottest news in crypto.

Binance.US adds support for Unstoppable Domains and introduces .BinanceUS crypto domains on Polygon Network.

https://unstoppabledomains.com/blog/binanceus

Binance Futures Will Launch USDⓈ-M BLUR Perpetual Contract with Up to 20X Leverage.

Binance Futures will launch the USDⓈ-M BLUR perpetual contract at 2023-04-28 12:00 (UTC), with up to 20x leverage.

https://www.binance.com/en/support/announcement/binance-futures-will-launch-usd%E2%93%A2-m-blur-perpetual-contract-with-up-to-20x-leverage-00b84a2f4a9b44e184722acdbb6d2629

Binance has announced the 33rd project on Binance Launchpool - Sui (SUI).

Users will be able to stake their BNB and TUSD into separate pools to farm SUI tokens over 2 days, with farming starting from 2023-05-01 00:00 UTC.

Binance will then list SUI when its liquidity meets the requirement and open trading with SUI/BTC, SUI/USDT, SUI/TUSD and SUI/BNB trading pairs. Exact date and timing will be announced once available. 

https://www.binance.com/en/support/articles/f76980d5d5e54d80b1348fd446e8f5d3

Binance will list Sui (SUI) and open trading for SUI/BTC, SUI/USDT, SUI/TUSD, SUI/BNB, SUI/EUR and SUI/TRY trading pairs at 2023-05-03 12:15 UTC.

Users will enjoy zero maker fees on the SUI/TUSD trading pair until further notice.

https://www.binance.com/en/feed/post/483991

The trading start time for Sui (SUI), originally set at 2023-05-03 12:15 UTC, will be advanced to 2023-05-03 12:00 UTC.

https://www.binance.com/en/support/announcement/sui-sui-listing-will-be-advanced-926445f1d3ef4fdbb2c505dc1fe4e741

Binance Futures will launch the USDⓈ-M ORBS Perpetual Contract at 2023-10-17 06:00 (UTC), with up to 20x leverage. — link

ORBS has risen 87.47% in the past seven days. DWF Labs has deposited 92.4 million ORBS tokens into centralized exchanges, concentrated on the Korean exchange Bithumb.

Binance's American entity informed users today that their crypto holdings with the exchange are no longer FDIC-insured. An email sent to users today and seen by Decrypt announced that Binance US has "updated the deposit insurance language" in the firm's terms of service. It indicated that it had done this following guidance from the FDIC. — link

Binance announced that it will launch U-based STPT and WAXP perpetual contracts on October 18, 2023, with leverage up to 50x. — link

Korean exchange Upbit is the main site for STPT and WAXP spot trading volume, accounting for 65.5% and 79.5% of the total. Upbit also owns 36.7% of the total STPT and is the largest holder. — link — link

Binance announced that it will open ATOM/FDUSD, AVAX/FDUSD, BAND/TRY, BCH/FDUSD, LOOM/TRY and MATIC/FDUSD spot trading pairs on October 19, 2023, as well as NTRN/USDT and PENDLE/USDT trading pairs Enable Spot Grid and Spot DCA trading robot services. — link

Bloomberg: Binance’s Stéphanie Cabossioras has stepped down from her position as managing director at the crypto exchange’s French unit. Cabossioras joined Binance in April last year as head of legal in the region, acted as the firm’s general manager in the country. — link

Binance Visa card services will no longer be offered in the EEA, holders of the Binance Visa Debit Card issued under the EEA program will have until 20 December 2023 00:00 (UTC+0) to use their cards, after which card purchases will no longer be possible. — link

[Binance Algo Orders]

Unsure of where price is headed? Use Algo Orders to enhance the execution of your trade across a period of time and average into your trade.

Strategies allow you to trade over a specified duration (TWAP - time-weighted average price) or execute alongside market volume (POV percentage-of-volume)

Improve execution cost and optimize your execution with no additional fees. Regular trading fees apply.

https://www.binance.com/en/OTC-Trading/AlgoTrading

We’re pleased to share we’ve reached resolution with several US agencies related to their investigations.

This allows us to turn the page on a challenging yet transformative chapter of learning that has helped us become stronger, safer, and an even more secure platform.

https://www.binance.com/en/blog/leadership/binance-announcement-reaching-resolution-with-us-regulators-2904832835382364558

1/ The crypto market notched an increase of 12% WoW driven by significant increase in BTC, ETH and SOL with gains of 13.9%, 13.5% and 18.9% respectively. The DeFi market was also lifted, with TVL exceeding US$50B, a 10.7% increase WoW.

2/ Solana liquid staking has seen strong adoption over the past month. With Lido's stSOL being the only top 5 liquid staking protocol in decline due to its exit from the Solana ecosystem, the remaining 4 projects have all seen increasing TVL.

3/ Notable gainers include Jito, which has seen a growth of 63.2% MoM, attributed to its highly anticipated airdrop. A notable contender, BlazeStake, has recorded the largest increase MoM of 163% due to its double digits base APY for staking SOL, and its ongoing airdrop event.

4/ EigenLayer added 6 new LSTs, including Binance WBETH, effective 18 Dec 2023. Caps for existing LSTs will also rise to 200K ETH. Integrations of LSTs from Liquid Collective, Mantle and Frax are also in the pipeline.

Happy New Year from Binance Research! To kick off the first weekend of the new year, we have two new reports for you. Our regular Monthly Market Insights and our latest report on AI x Crypto. Check them out!

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Time to look at this month's market insights!

Our research team analysed the state of the crypto market and provided insights on Solana stablecoin volumes, Inscriptions on EVM chains, demand for Restaking, native yield L2s and more.

Check it out ⬇️
https://www.binance.com/en/research/analysis/monthly-market-insights-2024-01/
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The intersection of AI and Crypto has emerged as a major narrative, rapidly capturing the community's attention.

In our new #Binance Research report, we examine the sector’s recent traction and highlight notable developments.

Have a read ⬇️
https://www.binance.com/en/research/analysis/ai-x-crypto-latest-data-and-developments/

1/ The AUM of tokenized government securities has recently surged past US$1B. This growth is largely driven by BUIDL, BlackRock’s Ethereum-based tokenized fund, which raked in over US$270M in deposits in less than ten days, making it the second-largest tokenized government securities product. Notably, Ondo Finance has contributed substantially to BUIDL’s growth by transferring US$95M of assets to enable instant settlements for its own U.S. Treasury-backed token, $OUSG.

2/ HSBC has introduced tokenized gold products for retail clients in Hong Kong. Meanwhile, Ethena Labs announced the launch of its governance token $ENA, with 5% of the token supply to be distributed to users next week.

3/ bitSmiley introduced bitCow, a Bitcoin-native AMM focused on stable swaps and automated concentrated liquidity,. Separately, Fetch.ai, Ocean Protocol, and SingularityNET have announced plans to merge their tokens into a single Artificial Superintelligence coin, $ASI.

@BinanceNews

🚨Watch Video🚨

BlackRock's CEO, Larry Fink, says their Bitcoin ETF, $IBIT, is the "fastest growing ETF in the history of ETFs."

@Crypto_News | link