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OTC Weekly Trading Insights (05/15/2025)

Top Interest of the WeekLast week, there was significant enthusiasm among investors and traders for Ethereum ($ETH) following the successful rollout of the Pectra upgrade on its network. Over the past week, the price of ETH surged by 16.5%, while Bitcoin (BTC) remained stable in the $102k–$104k range. This substantial influx of capital into ETH was driven by short covering and increased interest from institutional buyers. Given that ETH has lagged behind BTC over the last two years, many short positions have accumulated, and the swift rise in ETH's price compelled those shorting to cover their positions, further elevating the price.World ($WLD), the innovative cryptocurrency initiative led by Sam Altman, has ignited worldwide discussions with its strategy to integrate digital finance and biometric identity via iris scanning. Its recent activities in six major US cities have motivated investors to back this project, anticipating rapid adoption and regulatory compliance in the country.Ether.fi ($ETHFI), a liquid staking and restaking platform on Ethereum, experienced a significant surge as its total value locked reached $6.8 billion. This remarkable growth positioned it as the fourth-biggest player in decentralized finance, following AAVE, Lido, and EigenLayer. Consequently, the network has seen an increase in fees, generating $3.15 million last week, compared to $2.65 million the previous week. Ether.fi is utilizing these earnings to repurchase its tokens, a strategy aimed at bolstering token value.Overall Market Source: TradingViewThe above chart is the ETH/BTC price in the daily candle chart at a regular scale.In our analysis from last week, we noted that market sentiment was significantly influenced by tariff-related headlines, while robust demand for ETH bolstered its bullish momentum. We expected a notable recovery in the ETH/BTC price following a substantial rally in ETH. On May 12, the US and China issued a joint statement agreeing to significantly reduce tariffs on each other's goods for an initial 90-day period after their meeting in Geneva, Switzerland. This unexpected development has eased a severe trade conflict and positively impacted global markets, generating strong bullish sentiment for risk assets and restoring the US stock market to levels seen before April 2, when President Trump enacted a minimum 10% tariff on all US imports. Additionally, the safe haven asset, Gold, experienced a significant sell-off from its peak, trading below $3,200 per ounce this week.Bitcoin (BTC) demonstrated its responsiveness to market risk by leading the US stock market over the weekend, maintaining a strong position above the $100k mark. However, after the US stock market opened on Monday, we observed some profit-taking on BTC as investors shifted their funds to other altcoins. We also noticed a decline in BTC's dominance. The primary factor behind this drop in BTC dominance is the significant price increase of Ethereum (ETH), which once surged to $2,738 on Tuesday, marking a 97% rise from its low of $1,385 on April 9. This swift increase was fueled by FOMO among investors and the covering of short positions. Additionally, the ETH/BTC trading pair exhibited a pronounced upward trend on the daily chart.Our desk expects the upward trend in ETH/BTC to persist over the coming weeks, albeit with a gentler price movement, eventually approaching the red zone indicated on the chart. The RSI indicator points to an overbought condition for ETH/BTC, leading us to predict a period of price consolidation at the current level in the next few days, followed by a gradual increase.Over the next two months, discussions surrounding trade relations between the United States and its global partners, particularly China, are expected to significantly influence market dynamics. Should these negotiations fail to yield positive outcomes, we predict a rise in volatility across global markets. This increased instability is likely to create substantial challenges for cryptocurrencies, which may struggle to maintain their value amidst such fluctuations.Bitcoin ETF TrackerThe above table is the BTC spot ETF net inflow data in the past five trading sessions.The inflow tracker table shows a considerable increase in capital entering Bitcoin (BTC) through the exchange-traded fund (ETF) mechanism. In the previous week, the robust demand for BTC ETFs pushed the price above the pivotal $100,000 level. However, the significant decrease in inflows noted on Monday and Tuesday corresponds with our evaluation that short-term investors were selling their holdings and shifting their investments to the US stock market for better upside rewards. Nonetheless, this trend reversed on Wednesday, with net inflows reaching a remarkable $319 million. This strong interest from traditional financial institutions improved the bullish sentiment for BTC, which positively influenced the overall cryptocurrency market.Macro at a glance Last Thursday (25-05-08)The Bank of England has reduced its interest rate by 25 basis points to 4.25%, in line with market predictions. Governor Andrew Bailey indicated the possibility of further reductions, citing a UK-US agreement aimed at eliminating tariffs on specific goods to enhance trade. This move aligns with economic projections and the central bank's messaging. US initial jobless claims stood at 228,000 for the week, which is lower than the anticipated 231,000, indicating a more robust labor market than expected.Last Friday (25-05-09)In April, Canada saw an increase of 7,400 jobs; however, the unemployment rate rose from 6.7% in March to 6.9% during the same period, slightly exceeding the anticipated rate of 6.8%. This information indicates a mixed performance in the labor market, aligning with observed trends.On Tuesday (25-05-13)The unemployment rate in the UK was reported at 4.5% in March, in line with market expectations, suggesting a stable labor market.The US Consumer Price Index (CPI) showed an annual increase of 2.4% in April, as anticipated. The core CPI remained unchanged at an annual growth rate of 2.8%, indicating that inflationary pressures are being managed effectively. This stability could enable the Federal Reserve to uphold its existing policy approach, steering clear of any immediate adjustments to interest rates, as inflation trends are consistent with forecasts.On Wednesday (25-05-14)In April, Germany's Consumer Price Index (CPI) recorded a 2.1% increase year-over-year, a minor decline from March's 2.2%. This trend is consistent with forecasts of slowing inflation within the Eurozone. The reduction in German CPI from 2.2% to 2.1% indicates a cooling of inflation, which is a favorable sign for the Eurozone. Such a development may alleviate the pressure on the European Central Bank to implement stricter monetary policies, thereby aiding economic recovery initiatives.Why trade OTC?  Binance offers our clients various ways to access OTC trading, including chat communication channels and the Binance OTC platform (https://www.binance.com/en/otc) for manual price quotations, Algo Orders, or automated price quotations via Binance Convert and Block Trade platform (https://www.binance.com/en/convert) and the Binance Convert OTC API. Join our Telegram Channel (@BinanceOTCTrading) to stay up to date with the markets!
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Introducing Solayer (LAYER) on Binance BNSOL Super Stake — Earn LAYER Airdrop Rewards With BNSOL Holdings

Hold or stake BNSOL to share 1.6 million LAYER in APR Boost Airdrop Rewards from May 16 to July 16, 2025Binance is thrilled to announce the 8th project on its BNSOL Super Stake program: Solayer (LAYER) — a hardware-accelerated L1 blockchain designed to scale the Solana Virtual Machine (SVM) beyond 1 million transactions per second (TPS).Starting May 16, users can earn LAYER APR Boost Airdrop Rewards by simply holding or staking BNSOL through Binance or supported DeFi BNSOL assets in Binance Wallet.Campaign PeriodMay 16, 2025 – July 16, 2025 (UTC)Total Rewards: 1,600,000 LAYER Daily Rewards: ~25,806 LAYER per dayHow to Qualify for LAYER Airdrop RewardsYou can qualify in two ways:1. Binance ExchangeHold BNSOL in your Spot or Earn accountOr stake SOL into BNSOL via [Earn > SOL Staking]2. Binance Wallet (DeFi)Hold DeFi BNSOL Assets in a Keyless Binance Wallet:These holdings will count toward your BNSOL Super Stake balance and qualify for boosted APR airdrops in LAYER tokens.LAYER Reward DistributionClaim daily starting May 17, 2025, at 05:30 UTCVisit [SOL Staking] and click [Claim Rewards]Unclaimed tokens will be airdropped to Spot Accounts after the campaign ends on July 17, 2025Boost Your Rewards With LAYER Earn ProductsYou can maximize your LAYER yield by subscribing your airdrop rewards to:LAYER Earn Locked: Up to 12.9% APR*LAYER Earn Flexible: Variable APR (check in-app for real-time rate)Navigate to [Earn] → [LAYER] → [Subscribe]How to Get BNSOLYou have three options:Go to [Earn] → [SOL Staking] → [Stake SOL]Stake SOL to BNSOL via Binance WalletBuy BNSOL on the Spot Market, Convert, Auto-Invest, or Buy Crypto pageWhat Is Solayer (LAYER)?Solayer is a next-gen L1 blockchain built to supercharge the Solana ecosystem, delivering hardware-accelerated throughput of over 1 million TPS, tailored for institutional-grade DeFi, NFTs, and gaming.
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Binance Announces Nexpace (NXPC) HODLer Airdrop & Listing – Earn NXPC via Retroactive BNB Subscriptions

NXPC to list on Binance Spot on May 15; available early on Binance AlphaBinance has unveiled the 18th project on its HODLer Airdrops program — Nexpace (NXPC), a protocol designed to power the economic layer for IP ecosystems and enable next-generation reward experiences. Eligible users who subscribed BNB to Simple Earn (Flexible or Locked) and/or On-Chain Yields between May 6, 00:00 UTC and May 9, 23:59 UTC will receive retroactive NXPC airdrops.Key Details: Nexpace (NXPC) HODLer Airdrop & ListingAirdrop Snapshot Period: May 6–9, 2025 (UTC)Airdrop Allocation: 30,000,000 NXPC (3% of total supply)Total Token Supply: 1,000,000,000 NXPCCirculating Supply at Launch: 169,040,000 NXPC (16.9%)Token Distribution: To eligible users’ Spot Accounts at least 1 hour before tradingSpot Listing Date: May 15, 2025, at 07:30 UTCTrading Pairs: NXPC/USDT, NXPC/USDC, NXPC/BNB, NXPC/FDUSD, NXPC/TRYSeed Tag Applied: YesListing Fee: 0Smart Contract & NetworkBNB Chain: 0xf2b51cc1850fed939658317a22d73d3482767591MSU C-Chain: 0x5E0E90E268BC247Cc850c789A0DB0d5c7621fb59What Is Nexpace (NXPC)?Nexpace is building the infrastructure to facilitate decentralized, scalable, and incentive-driven IP-based ecosystems, offering users gamified and tokenized rewards tied to intellectual property and digital experiences.A full Binance Research Report will be published within 24 hours of this announcement.How to Qualify for Binance HODLer AirdropsHODLer Airdrops reward BNB holders who subscribe to:Simple Earn (Flexible/Locked)On-Chain YieldsThere’s no ongoing action required — users qualify automatically based on historical snapshots of their BNB subscription balances. Tip: BNB holding ratio cap for reward calculation is set at 4% per user.NXPC on Binance AlphaAvailable early on Binance Alpha: May 15, 06:00 UTCNote: NXPC will be removed from Alpha after it launches on Binance Spot
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Crypto Payments Gain Traction with Binance Pay's Innovative Solutions

Binance Blog published a new article, highlighting the growing trend of cryptocurrency payments as a preferred choice for businesses and customers. The article emphasizes how digital breakthroughs have reshaped payment methods, with crypto payments becoming increasingly popular across various industries, from fashion retailers to digital marketplaces. As more consumers hold digital assets like Bitcoin (BTC), Ether (ETH), and stablecoins such as USDT and USDC, businesses have a unique opportunity to tap into this expanding audience. Accepting crypto payments can be a game-changer for businesses, reducing transaction costs, reaching new customers, and simplifying cross-border payments.Binance Pay is designed to facilitate businesses in accepting popular cryptocurrencies like USDT, USDC, BTC, ETH, SOL, AVAX, and XRP. The platform offers a simple and secure way to engage with the crypto economy, featuring zero fees and a seamless setup. One of the primary benefits of using Binance Pay is the reduction of transaction fees, which allows businesses to maximize their margins. Traditional payment processors often charge between 2% and 5% per transaction, along with hidden fees. By switching to Binance Pay, businesses can avoid these charges entirely, retaining more earnings and potentially passing savings on to customers through competitive pricing.Another significant advantage of Binance Pay is its ability to expand businesses globally without banking barriers. Unlike traditional banking systems, which can be restricted by geography and currency regulations, crypto is inherently borderless. Binance Pay enables businesses to receive payments from customers worldwide without the hassle of currency conversion or international wire fees. This global reach is complemented by instant settlement in stablecoins or other cryptocurrencies, eliminating the delays associated with traditional payment methods and enhancing financial planning and operational agility.Binance Pay also addresses the issue of chargeback fraud, a common problem in traditional payment systems where transactions can be reversed without the merchant's consent. Crypto payments through Binance Pay are immutable and irreversible once completed, reducing disputes and securing revenue. The platform offers seamless integration for any business type, whether an online store, mobile app, or physical shop. Developers can use Binance Pay’s SDK or API to embed crypto payment functionality directly into websites or applications, while businesses can also list on the Binance Marketplace to access Binance’s vast user base.
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Binance Tops CoinDesk’s April 2025 Exchange Benchmark as Global Market Matures

Binance secures highest rating among digital asset exchanges, leading industry evolution in regulatory compliance, institutional infrastructure, and spot trading dominanceBinance has emerged as the top-ranked exchange in CoinDesk’s latest Exchange Benchmark report, scoring 90.1 and earning AA status, solidifying its position as the most robust and trusted platform in the global cryptocurrency market.Binance Ranked #1 in Global Exchange BenchmarkCoinDesk’s Exchange Benchmark is recognized as the industry standard for evaluating risk and operational strength across the digital asset exchange landscape. The April 2025 edition—updated semi-annually—assessed over 100 exchanges using both qualitative and quantitative metrics, focusing on areas like regulatory standing, security, transparency, and market quality.Binance Highlights:#1 Overall Ranking with a score of 90.1Maintained AA status, the highest risk-adjusted rating availableContinues to lead in spot trading volume and institutional-grade servicesTop-Tier Exchanges Dominate Market ShareWhile Top-Tier exchanges make up just 19% of all evaluated platforms, they now account for over 60% of global spot trading volume, indicating a major consolidation of trust and usage in reputable venues, led by Binance.Regulatory Compliance and Institutional Maturity on the RiseThe report also notes strong progress in regulatory licensing and institutional infrastructure among top exchanges:Over 50% of assessed exchanges are now licensed under comprehensive market or virtual asset frameworks83% of A-rated and 67% of AA-rated platforms—including Binance—offer third-party custody integration, reflecting growing appeal to institutional investors
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Binance Expands Support for Space and Time (SXT) Across Earn, Convert, Margin, and Futures

Key Points:Binance adds SXT to Simple Earn with a limited-time 66% APR offer for new users.SXT will be available on Binance Convert, Buy Crypto, and Margin trading starting May 8.Binance Futures to list SXTUSDT with up to 50x leverage.Binance has announced the comprehensive rollout of Space and Time (SXT) across its major product lines, including Simple Earn, Buy Crypto, Convert, Margin, and Futures, enhancing user access to one of the most anticipated data-warehouse-related tokens in the Web3 space.Binance Simple Earn: SXT Listed with 66% APR for New UsersStarting May 8 at 13:00 UTC, users can subscribe to SXT Flexible Products on Binance Simple Earn. Additionally, a limited-time promotional Locked Product will offer an exceptional 66% APR for 3 days.Offer Details:Token: SXTDuration: 3 DaysSpecial APR: 66%Min. Subscription per User: 1 SXTMax. Subscription per User: 500 SXTTotal Cap: 600,000 SXTNote: This offer is only visible to users who have never subscribed to Simple Earn Locked Products before May 8, 13:00 UTC.SXT Now Available on Buy Crypto and Convert with Zero FeesUsers can purchase SXT via VISA, MasterCard, Google Pay, Apple Pay, or Revolut under Binance’s Buy Crypto feature within one hour of the token's listing on Spot.On Binance Convert, SXT will also be tradable against BTC, USDT, and other supported tokens with zero fees, allowing instant swaps through the Convert interface.Margin Trading: SXT Available for Borrowing and LeverageAt 13:20 UTC on May 8, Binance Margin will enable SXT as a borrowable asset under both Cross and Isolated Margin modes. Trading pairs include:SXT/USDTSXT/USDCBinance Futures: SXTUSDT Perpetual Contract ComingBinance Futures will also launch the SXTUSDT perpetual contract, offering up to 50x leverage, providing derivatives traders with another way to gain exposure to SXT's price movements.What Is Space and Time (SXT)?Space and Time (SXT) is a decentralized data warehouse protocol that brings verifiable compute and data to smart contracts. The project has attracted institutional attention for its promise to provide secure, scalable, and tamper-proof data services for blockchain applications.
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Binance to Launch Doodles (DOOD) Trading on Alpha and Futures With Airdrop Rewards

Binance will list Doodles (DOOD) on Binance Alpha and launch DOODUSDT perpetual futures contracts on May 9, 2025, offering up to 50x leverage. This makes Binance the first major crypto platform to support both Alpha and Futures trading for the Doodles token.DOOD Trading Goes Live on Binance Alpha and FuturesBinance announced that DOOD will be available for trading on Binance Alpha and Binance Futures starting May 9, 2025. The exact time for both launches will be disclosed on the same day. The DOODUSDT perpetual contract will allow up to 50x leverage, appealing to both retail and institutional traders seeking exposure to the token.Airdrop Rewards for Alpha UsersTo celebrate the listing, Binance will airdrop DOOD tokens to users who meet the Alpha Points eligibility threshold, which will also be announced on May 9. Qualified users will receive their airdrop within 10 minutes of trading launch.Alpha Points Consumption Mechanism Begins May 13Starting May 13, Binance will activate a new Alpha Points consumption system, where points will be deducted from user accounts upon successful participation in a Token Generation Event (TGE) or airdrop claim. However, the DOOD airdrop will be exempt from this mechanism.About Doodles (DOOD)Doodles is a community-driven Web3 brand that blends storytelling, music, art, and animation, bringing creative experiences on-chain. The project is widely recognized in NFT and cultural crossover communities and is building a digital IP brand powered by decentralized technology.Key Notes:DOODUSDT Futures contracts are subject to Binance's Terms of Use and Futures Service Agreement.Listing on Binance Futures does not guarantee a corresponding listing on Binance Spot.Users should refer to the original English version of any announcements for accuracy.
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Bhutan Launches World’s First National Crypto-Powered Tourism Payment System

Bhutan has become the first country to launch a nationwide tourism payment infrastructure powered by cryptocurrency, marking a significant milestone in national-level blockchain adoption. The initiative, officially announced on May 7, 2025, is a collaboration between Binance Pay and Bhutan’s state-owned DK Bank, a subsidiary of Druk Holding & Investments.Bhutan Enables Crypto Payments Across Its Tourism SectorThe new system allows international tourists to use cryptocurrencies—including Bitcoin (BTC), Ethereum (ETH), BNB, and select stablecoins—to pay for a wide range of tourism-related services. These include visa fees, air travel, accommodations, tour guides, and even purchases at local markets. All transactions are processed through the Binance Pay platform.The rollout spans over 100 merchants, including businesses in Bhutan’s more remote regions. The integrated digital payment system is intended to simplify travel for crypto users while offering vendors alternative access to global payment networks.Digital Inclusion and National Policy ObjectivesThe initiative is part of Bhutan’s broader strategy to leverage blockchain technology to support financial inclusion and reduce reliance on traditional banking infrastructure. By enabling crypto transactions at scale, the project also offers small and medium-sized enterprises access to global capital flows.DK Bank’s leadership stated that the system aligns with Bhutan’s long-term economic development plans, which prioritize technology, self-reliance, and digital innovation as tools for sustainable growth.Global Implications for Crypto AdoptionBhutan’s crypto-enabled tourism system is a rare example of state-level integration of digital assets in public infrastructure, potentially setting a precedent for other countries exploring blockchain for national payment solutions. It arrives amid growing global interest in cryptocurrency's utility for cross-border payments, digital identity, and economic empowerment. 
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