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Here are some updates on Binance: Recent News - *System Upgrades*: Binance has performed several system upgrades in the past year to improve overall system performance and stability. The most recent upgrade mentioned was scheduled for October 8, 2024, and lasted approximately 15 minutes. - *Deposit and Withdrawal Services*: During system upgrades, Binance suspends all deposit and withdrawal services 5 minutes before the scheduled upgrade time. Users can continue to place new Spot, Futures, and Options orders, cancel existing orders, and access all Binance products as usual. - *Impacted Services*: Certain services and functionalities are impacted during system upgrades, including: - *Crypto Deposits and Withdrawals* - *P2P Trading* - *Convert and OTC Portal Trading* - *Auto-Invest* - *Convert Low-Value Assets to BNB* - *Crypto Purchases with Cards* - *Fiat Deposits and Withdrawals* - *Fiat Buy and Sell Crypto* - *Subscription and Redemption of Earn Products* - *Loans Services* - *Pay Transactions* Binance Coin (BNB) Update - *Current Price*: $670.00 - *Market Cap*: $92.15B - *24-hour High*: $672.48 - *24-hour Low*: $650.05 - *BNB Chain's Tech Upgrade*: Binance has upgraded its infrastructure to provide sub-second block times, enabling lightning-fast transactions ¹. Other Updates - *Binance Earn Yield Arena*: Binance offers limited-time offers on its Earn platform, allowing users to earn up to 3,600 USDC. - *Monitoring Tag Extension*: Binance has extended its monitoring tag to include ALPHA, HIFI, LEVER, MOVE, PORTAL, and REI. - *Collateral Ratio Update*: Binance has updated the collateral ratio under Portfolio Margin and the leverage & margin tiers of USDⓈ-M Perpetual Contracts ².
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Here are the latest updates from Binance as of May 29, 2025: --- 🔧 Siacoin (SC) Network Upgrade – June 6, 2025 Binance will temporarily suspend deposits and withdrawals for the Siacoin (SC) network starting at 05:00 UTC on June 6, 2025, to support a scheduled network upgrade and hard fork. The upgrade is expected to occur at block height 526,000, around 06:00 UTC. Trading of SC will remain unaffected during this period. Deposits and withdrawals will resume once the network is deemed stable. --- 📈 Market Highlights – May 28, 2025 Binance has surpassed 275 million registered users, reinforcing its position as a global leader in the crypto exchange space. The global cryptocurrency market capitalization stands at $3.45 trillion, experiencing a slight decrease of 0.39% over the last day. Bitcoin (BTC) is trading at approximately $108,602, down by 0.84% in the past 24 hours. Top-performing altcoins include CETUS, WCT, and TRB, with gains of 29%, 23%, and 22%, respectively. --- 🤖 New Trading Bot Services As of May 27, 2025, Binance has enabled Spot Grid and Spot DCA trading bot services for selected trading pairs. These tools aim to enhance users' trading strategies by automating trades based on predefined parameters. --- 🏦 Institutional Investment via Trump-Linked Stablecoin A significant development involves a $2 billion investment in Binance by UAE-backed investment firm MGX, utilizing the USD1 stablecoin launched by World Liberty Financial, a company associated with former President Donald Trump. This move has raised ethical and legal questions, especially considering Binance's past regulatory challenges and the involvement of foreign investors.
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Here's the Binance Pizza update: Current Promotion Binance is currently running a promotion called "Binance Pizza Day" to celebrate the first Bitcoin transaction, which was used to buy two pizzas. The campaign, active from May 15 to May 28, 2025, offers a $6,000 USDC reward pool for users who complete specific tasks ¹. Rewards and Tasks To participate, users can earn Binance Points by completing tasks, with a total reward pool of 6,000 USDC. New users can earn 50 Binance Points by completing four tasks ¹. Pizza-themed Celebrations Binance has also hosted pizza parties and events in various countries, including Thailand, France, the United Arab Emirates, Australia, Mexico, Brazil, and Argentina, to commemorate the occasion ². #binancePizza #binancepazza
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Binance celebrated Bitcoin Pizza Day with a global pizza distribution campaign, commemorating the first Bitcoin transaction where 10,000 BTC was used to purchase two pizzas. Here's what you need to know ¹: - *Campaign Details*: Binance distributed over 5,000 pizzas globally in partnership with local pizzerias, hosting pizza parties and deploying custom-branded pizza vans in 20 countries across five continents from May 17 to May 22. - *Participating Countries*: Some of the countries that participated in the campaign included Thailand, France, United Arab Emirates, Australia, Mexico, Brazil, Argentina, and Romania. - *Celebratory Events*: Binance organized pizza-making contests, meet-ups, and online events, allowing users to collect and win rewards in Bitcoin. - *Rewards*: Users had the chance to win a year's supply of pizza in BTC by completing trades or depositing 50 USDT via Binance. - *Community Engagement*: The campaign aimed to bring the crypto community together, honoring Bitcoin's history while looking forward to its future possibilities ² ³ ⁴. #BİNANCEPİZZA #binancepizza #MarketPullback
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Here's the latest Bitcoin update: Current Price Bitcoin's current price is $109,731.78 USD, with a 1.03% decrease from the previous day's closing price of $110,872.34. The market capitalization stands at $2.12 trillion USD ¹. Market Trends - Bitcoin's price has been fluctuating, with some analysts predicting a potential drop to $62,100, $61,500, or $60,800. - Others expect a rise to $65,000, $65,700, or $66,300. - The cryptocurrency has shown resilience, with some experts believing the price target may be too low, even after a previous prediction of $120,000 ² ³ ⁴. Recent Developments - *Bitcoin Treasury*: David Bailey and Nakamoto announce a merger with KindlyMD to form a Bitcoin treasury company. - *Tariff Deal*: Bitcoin price sold off after Trump's US-China tariff deal announcement. - *Standard Chartered Analyst*: Geoffrey Kendrick apologized for his $120,000 Bitcoin price prediction, stating the target may be too low ⁵ ⁴. Key Statistics - *Market Capitalization*: $2.12 trillion USD - *24-hour Trading Volume*: $51.02 billion USD - *Circulating Supply*: 19.86 million BTC - *Max Supply*: 21 million BTC ⁶ #btc #TrumpTariffs #MarketPullback
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