🚀 Market Highlights
Bitcoin (BTC) has reached a new all-time high, trading at $110,679, marking a 4.10% increase in the past 24 hours. This surge is attributed to easing trade tensions and positive regulatory sentiments .
Binance Coin (BNB) is currently trading at approximately $681.15, reflecting a modest gain. The intraday high reached $688.11, while the low was $668.30 .
🆕 Binance Updates
Huma Finance (HUMA) has been announced as the 70th project on Binance Launchpool. Users can farm HUMA tokens by staking BNB, FDUSD, or USDC starting May 23, with trading commencing on May 26 at 13:00 UTC .
World Liberty Financial USD (USD1), a stablecoin linked to the Trump family, has been integrated into Binance's Earn, Buy Crypto, Convert, and Margin services, enhancing the platform's stablecoin offerings .
Binance will cease support for the Futures NEXT Program by May 30, as part of a strategic shift to focus on more valuable offerings .
🌍 Global Developments
A $2 billion investment in Binance is underway, facilitated by UAE-backed firm MGX using the Trump-linked stablecoin USD1. This move signifies a growing relationship between Binance and the United Arab Emirates .
Democratic senators are seeking transparency regarding Binance founder Changpeng Zhao's bid for a presidential pardon, amidst concerns over potential conflicts of interest due to financial ties between Binance and the Trump family
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