Today's Key Updates:

• The cryptocurrency market is experiencing significant liquidations

The market recorded massive liquidations in the past 24 hours, totaling approximately $452 million. Of this, $111 million was in long positions and $337 million in short positions. Ethereum was the most affected with a liquidation amount of $248 million, followed by Bitcoin with $49.57 million. These figures indicate a state of high volatility and increased risk. 

• Price performance on Binance (Spot prices according to the data)

• Bitcoin (BTC): Surpassed 118,000 USDT with an increase of 1.38% over 24 hours. 

• BNB: Exceeded 810 USDT with an increase of 1.74% during the same period. 

• Ethereum (ETH): Rose to 4,300 USDT with an increase of 6.74% during the day. 

• Important news related to Binance

• New collaboration with Spanish bank BBVA allows customers to hold their assets off the platform, enhancing trust and security, especially after recent regulatory sanctions.  

• Paxos Trust reached a settlement of $48.5 million with the state of New York due to its previous partnership with Binance, which included a $26.5 million fine and a $22 million investment to enhance compliance.

#eth #USDT $ETH