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Contact Binance News: [email protected] to Earn Commissions with  Binance News?Want to not only stimulate lively discussions within your community but also earn commissions? Binance News introduces a Telegram bot that shares carefully curated news articles selected by our expert editorial team. We extend a warm invitation for you to seamlessly integrate this bot into your Telegram communities, providing your users with up-to-the-minute news and market insights.When sharing news pieces with your followers, the bot will integrate your referral ID into links. For every new user successfully referred to Binance via the links, the referrer will receive a commission on fees anytime the new referred user trades on any of Binance’s Spot or Margin markets. For more details, please refer to the FAQ: https://www.binance.com/en/support/faq/frequently-asked-questions-on-binance-referral-pro-mode-6233094e540b4ea4ac50387d1518911b . How Can You Get Started?1) Add the bot (@OfficialBinanceFeedBot) to your Telegram groups or channels and grant it permission to send messages.2) Find your Referral ID for Referral Pro on this page: https://www.binance.com/en/activity/referral?stopRedirectToActivity=true , and decide if you need to create a specific Referral ID for the bot.3) After completing the two steps mentioned above, simply share your group or channel links along with your Referral ID with the Binance News team, and we'll take care of the rest with our tech team.Note: Please contact us, and our technical team will assist you with the necessary configuration. Simply adding the bot as a group member will not successfully share news articles in the group. The bot is currently available in English, Simplified Chinese, and Traditional Chinese, with more languages coming soon.Why Partner with Binance News?Top-quality content for FREETraditionally, procuring content licenses from leading crypto media outlets could cost over USD 5000 monthly. Binance is revolutionizing this landscape by offering premium content to our valued partners at no cost.Boost Your Credibility Through Partnership with Binance NewsAs the official news channel of the world's largest crypto exchange, Binance News boasts the highest number of followers on Binance Square. This underscores the trust and reliance placed on Binance News. By seamlessly integrating Binance News content into your platform, you not only provide invaluable insights to your users but also enhance the credibility of your brand.About Binance NewsBinance News (https://www.binance.com/en/feed/news/all) stands as the foremost news source within Binance Square, one of the world's largest crypto communities. Committed to delivering real-time market data and the latest trends, Binance News ensures your audience remains consistently ahead in the dynamic realm of cryptocurrency.Read More‣ How Can Binance News RSS Feed Integration Elevate Your Website? Discover the Benefits!

Contact Binance News: [email protected] to add value to your crypto website? The Binance News team can help. By integrating our RSS feed into your site, you can easily keep your visitors updated with the latest crypto news. This added value will attract more visitors and encourage them to spend more time exploring the crypto world on your site. Best of all, once you collaborate with the Binance News team, the content provided through the RSS feed is completely FREE.How Can You Get Started?Reach out to the Binance News team at [email protected]. When republishing each article via our RSS Feed, please include a Canonical Tag pointing to the corresponding Binance News article page and a Dofollow Backlink. Feel free to discuss any specific requests with us.How will Binance News RSS Feed benefit your website?Attract New VisitorsThe crypto market evolves rapidly and is influenced by global economics, geopolitical events, and more. To stay ahead, investors need up-to-the-minute news. By working with us, you’ll provide the latest updates and create a strong incentive for people to visit your website.Retain Existing FollowersWith top-quality news, your followers will be more inclined to stay and engage with your content, improving both retention rates and user engagement on your site.About Binance NewsBinance News (https://www.binance.com/en/feed/news/all) stands as the foremost news source within Binance Square, one of the world's largest crypto communities. Committed to delivering real-time market data and the latest trends, Binance News ensures your audience remains consistently ahead in the dynamic realm of cryptocurrency.Read More‣ Looking to Increase Your Commission Earnings? Integrate the News Bot into Your Telegram Groups/Channels

According to BlockBeats, Elon Musk responded to news about the 'X Platform outage' on social media, stating that he has returned to a 24/7 work schedule, often sleeping in meeting rooms, server rooms, or factory spaces. Musk emphasized the need for intense focus on X/xAI and Tesla, especially with the upcoming Starship launch next week, as they are rolling out critical technologies.

Musk highlighted that the recent outage of the X platform demonstrated the necessity for significant operational improvements. He noted that failover redundancy should have been effective but did not work as intended.

According to BlockBeats, data from Coinglass reveals that the cryptocurrency market witnessed liquidations totaling $266 million over the past 24 hours. Of this amount, long positions accounted for $204 million, while short positions saw liquidations of $61.54 million.

According to BlockBeats, the X platform experienced a significant network disruption, potentially linked to a fire at a data center in Oregon. Starting from 8:42 PM UTC+8, over 25,000 users reported unusual network issues on the platform. The cause of the disruption is under investigation, with the fire at the data center being a possible factor.

According to PANews, a phishing attack has led to a substantial financial loss of $146,551 due to malicious bulk transactions. The victim's address involved in the incident is 0xc6d289d55fe64227a09e3120855ccba0d2e606dc. The attackers' addresses are identified as 0xC83De81A2aa92640D8d68ddf3Fc6b4B853D77359 and 0x33dAD2bbb03Dca73a3d92FC2413A1F8D09c34181.

According to Odaily, U.S. President Donald Trump has announced that the United States is making progress in reaching agreements with other countries that were once considered unattainable.

According to BlockBeats, Elon Musk has updated his profile picture to feature the 'xAI' concept image, aligning with the style of his background image, which includes 'xAI / Grok - TO UNDERSTAND.' Previously, his profile picture was a 'Kekius Maximus' concept meme image.

According to BlockBeats, a significant legislative package passed by House Republicans highlights contrasting impacts on high-income earners and low-income families. Experts note that the "Beautiful Act" primarily benefits the wealthiest Americans through tax cuts aimed at business owners, investors, and homeowners in high-tax areas, while low-income individuals face adverse effects.

The disparity arises as Republicans offset these tax reductions by cutting social security programs. The nonpartisan Congressional Budget Office (CBO) estimates that due to adjustments in the bill, the income of the lowest 10% of households will decrease by 2% in 2027 and by 4% in 2033. In contrast, the income of the highest 10% of households is projected to increase by 4% in 2027 and by 2% in 2033.

According to BlockBeats, Elon Musk has changed his Twitter handle back to "Elon Musk" after previously using the name "Kekius Maximus."

According to Odaily, Downdetector.com reported that Elon Musk's social media platform, X, faced significant disruptions on Saturday in the United States. By 8:39 a.m. Eastern Time, over 25,000 users had reported issues with the platform.

According to PANews, reports indicate that as of 8:35 a.m. Eastern Time, more than 25,054 users in the United States have experienced issues on the social media platform 'X.'

According to TechFlow, data from Coinglass on May 24 indicates that the total open interest for Bitcoin contracts across the network reached 708,500 BTC, approximately valued at $77.119 billion, marking a 0.67% decrease over the past 24 hours. Among centralized exchanges (CEX), the Chicago Mercantile Exchange (CME) leads with 160,400 BTC, valued at around $17.450 billion, accounting for 22.62% of the total, with a 0.3% decline in the last 24 hours. Following CME, another CEX holds 118,000 BTC, valued at approximately $12.849 billion, representing 16.66% of the total, with a 0.23% increase over the same period.

According to BlockBeats, Bitcoin's volatility has experienced a slight increase over the past two days, following a recent low of 1.58% on May 22. The current volatility rate is reported at 1.79%.

Bitcoin's volatility is often associated with speculative trading and retail investors' fear of missing out (FOMO). A decrease in volatility may indicate a reduction in short-term speculative activity, suggesting the market is entering a consolidation or 'cooling-off' period. Additionally, Bitcoin's price fluctuations are frequently linked to macroeconomic events, such as inflation expectations, interest rate changes, or geopolitical risks. When these external factors stabilize, Bitcoin's volatility may also decrease.

According to PANews, Telegram's founder Pavel Durov revealed on his personal channel that in the first quarter of 2025, Telegram climbed to eighth place in global app downloads. Meanwhile, Meta's suite of apps, including WhatsApp, Instagram, Facebook, and Threads, experienced a decline in their download rankings.

According to Odaily, James Wynn shared an update on the X platform regarding Hyperliquid's Bitcoin long position. The 40x leveraged long position has increased to approximately 11,588 BTC, with a position value reaching $1.266 billion. The opening price is $108,916, and the liquidation price is $105,179.

According to Odaily, the U.S. Securities and Exchange Commission's cryptocurrency task force and the U.S. Department of the Treasury recently met with the Plume team in Washington, D.C. The discussion focused on how an open blockchain ecosystem could enhance the competitiveness of U.S. cryptocurrency and capital markets. The tokenization and blockchain integration of markets such as stocks, bonds, loans, asset-backed securities, and commodities could lead to increased liquidity, efficiency, and transparency, particularly under the right regulatory framework. By collaborating with policymakers, Plume aims to achieve public policy outcomes that are as good as or better than those of existing market structures.

According to PANews, recent developments have stirred market concerns following U.S. President Donald Trump's announcement of a 50% tariff on the European Union and a push for Apple to manufacture in the United States. Despite these concerns, the overall sentiment within the community remains optimistic, with Bitcoin bulls focusing on the $102,000 support level. Some traders are employing bearish options spreads to hedge against short-term volatility, using strategies such as B109P S106P for protection.

On May 24, 2025, 10:46 AM(UTC). According to Binance Market Data, Bitcoin has crossed the 109,000 USDT benchmark and is now trading at 109,072.84375 USDT, with a narrowed narrowed 1.76% decrease in 24 hours.

According to PANews, Nvidia and the Wallenberg family-backed business cluster are launching a venture to develop artificial intelligence infrastructure in Nordic countries. A statement released on Saturday reveals that companies such as AstraZeneca, Ericsson, Saab, Swedish Nordic SEB, and the Wallenberg family's investment institution will collaborate to create what is claimed to be the largest corporate AI supercomputer in Sweden. Nvidia plans to establish its first AI technology center in Sweden, partnering with industry leaders to advance research efforts. As part of this initiative, Saab announced its intention to deploy AI methods to enhance its defense capabilities.