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SAIF AS
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#BinanceSquareTalks #BINANCEWews According to Binance Futures data, over the past 24 hours, the BTC/USDT, ETH/USDT, SOL/USDT, XRP/USDT and SUI/USDT trading pairs led the USD-M perpetual futures market in trading volume. BTC/USDT perpetual futures long/short ratio: 0.71, funding rate: 0.0009%. ETH/USDT perpetual futures long/short ratio: 2.04, funding rate: -0.0036%. SOL/USDT perpetual futures long/short ratio: 1.68, funding rate: 0.0012%. XRP/USDT perpetual futures long/short ratio: 2.44, funding rate: 0.0100%. SUI/USDT perpetual futures long/short ratio: 0.96, funding rate: -0.0172%.
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#BinanceSquareFamily According to TechFlow, data from Coinglass reveals that the cryptocurrency market saw substantial liquidations over the past 24 hours, totaling $244 million. Of this amount, long positions accounted for $156 million, while short positions reached $89.25 million. The figures highlight the volatility and risk associated with trading in the cryptocurrency sector.
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#BinanceSquareFamily #ETH🔥🔥🔥🔥🔥🔥 According to PANews, the Ethereum Foundation has released a new vision statement, reaffirming its commitment to maintaining Ethereum as an open, decentralized, and censorship-resistant global computing platform. The foundation plans to focus on infrastructure support, protocol upgrade coordination, privacy technology research, and community empowerment. Additionally, it aims to gradually decentralize responsibilities to foster self-development and diverse governance within the ecosystem.
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#BinanceSquareTalks According to BlockBeats, Abu Dhabi's sovereign wealth fund ADQ, conglomerate IHC, and the First Abu Dhabi Bank, the largest bank in the UAE by assets, have announced plans to launch a new stablecoin backed by the Dirham, the official currency of the United Arab Emirates. The companies stated that the stablecoin will be fully regulated by the UAE Central Bank. This initiative signifies a deeper investment by Gulf nations in the cryptocurrency sector.
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#BNB_Market_Update According to BlockBeats, the Arizona House of Representatives is set to convene this afternoon at 1 PM local time to discuss two significant pieces of legislation related to Bitcoin reserves. The bills, SB1373 and SB1025, are on the agenda for a final vote. These legislative measures could have important implications for the state's approach to cryptocurrency reserves.
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