Introducing Initia (INIT) on Binance Launchpool! Farm INIT by Locking BNB, FDUSD and USDC
This is a general announcement. Products and services referred to here may not be available in your region. IMPORTANT: Binance is the first platform to announce the listing of the mentioned token(s), with trading starting at 2025-04-24 11:00 (UTC). Any claims to offer the token(s) for sale before the stated timeline are likely to be false advertising. Please do your own research to ensure safety of your funds. Fellow Binancians, Binance is excited to announce the 68th project on Binance Launchpool - Initia (INIT), an L1 blockchain that unites appchains to unlock their full value through interwoven infrastructure and aligned economics. The webpage is estimated to be available in 12 hours, before the Launchpool starts. Users will be able to lock their BNB, FDUSD, and USDC to receive INIT airdrops over 6 days, with farming starting from 2025-04-18 00:00 (UTC). Listing Binance will then list INIT at 2025-04-24 11:00 (UTC) and open trading with INIT/USDT, INIT/USDC, INIT/BNB, INIT/FDUSD, and INIT/TRY trading pairs. The Seed Tag will be applied to INIT. INIT Launchpool Details: Token Name: Initia (INIT) Total Token Supply: 1,000,000,000 INIT Max Token Supply: 1,000,000,000 INIT Launchpool Token Rewards: 30,000,000 INIT (3% of total token supply)An additional 10,000,000 INIT will be allocated to the other marketing campaigns (in batches) after spot listing. Details will be shown in a separate announcement. An additional 20,000,000 INIT will be allocated to the other marketing campaigns (in batches) 6 months after spot listing. Details will be shown in a separate announcement. Initial Circulating Supply When Listed on Binance: 148,750,000 INIT (~14.88% of total token supply) Smart Contract/ Network Details: Initia Main Explorer (will be available at public launch)Read about Initia (INIT) in our research report here, which will be available within 24 hours of publishing this announcement.Listing fee: 0 Launchpool Terms will apply. Users are required to complete KYC to Binance’s satisfaction. Hourly Hard Cap per User: 17,708.33 INIT in BNB pool1,041.66 INIT in FDUSD pool2,088.33 INIT in USDC pool Supported Pools: Lock BNB (webpage will be available in around 12 hours): 25,500,000 INIT in rewards (85%) Lock FDUSD (webpage will be available in around 12 hours): 1,500,000 INIT in rewards (5%)Lock USDC (webpage will be available in around 12 hours): 3,000,000 INIT in rewards (10%)Farming Period: 2025-04-18 00:00 (UTC) to 2025-04-23 23:59 (UTC) INIT Farming Accumulation: Dates (00:00:00 - 23:59:59 UTC Each Day)Total Daily RewardsBNB Pool Daily RewardsFDUSD Pool Daily RewardsUSDC Pool Daily Rewards2025-04-18 - 2025-04-235,000,000 INIT4,250,000 INIT250,000INIT500,000INIT Project Links: WebsiteWhitepaperX Please Note: Users need to upgrade the Binance App version to 2.89.0 and above.Snapshots of user balances and total pool balances will be taken multiple times at any point of time each hour to get users’ hourly average balances and calculate user rewards. User rewards will be updated each hour. Users will be able to accumulate their rewards (calculated each hour) and claim these rewards directly to their Spot Accounts at any time.Each pool’s annual percentage yield (APY) and total pool balance will be updated in real time.Tokens can only be locked in one pool at a time. For example, User A cannot lock the same BNB into two different pools at the same time, but can allocate 50% of their BNB into pool A and 50% into pool B.Users will be able to unlock their funds at any time with no delay and participate in any other available Launchpools immediately.Tokens locked in each Launchpool and any unclaimed rewards will be automatically transferred to each user’s Spot Accounts at the end of each farming period.Users who have locked their BNB in Flexible Products and Locked Products, including Binance BNB Simple Earn and On-chain Yields Products, will automatically participate in the Launchpool and receive new token rewards.If there is more than one Launchpool project running concurrently, users' BNB assets in BNB Flexible Products and Locked Products will be split and allocated into each project equally, unless otherwise specified.BNB Flexible Products assets used as collateral for Binance Loans (Flexible Rate) are not entitled to Launchpool rewards.Staked Lista BNB (slisBNB) and Lista collateral BNB (clisBNB) in Binance Keyless Wallet will be supported in Launchpool reward calculation.Spot Algo Orders will also be enabled for the aforementioned pairs at 2025-04-24 11:00 (UTC), while Trading Bots & Spot Copy Trading will be enabled within 24 hours of it being listed on Spot. For users with running Spot Copy Trading portfolios, pairs can be included by enabling them in the [Personal Pair Preference] section of the Spot Copy Trading settings.BNB locked into Launchpool will still provide users with the standard benefits for holding BNB, such as airdrops and VIP benefits.Binance reserves the right to disqualify and revoke rewards for participants who engage in dishonest or abusive activities during the Launchpool, including but not limited to registering from the same IP or device, bulk-account registrations to farm additional bonuses and any other activity in connection with unlawful, fraudulent, or harmful purposes.Participation in Launchpool is subject to eligibility based on the user's country or region of residence. Please refer to the instructions on the Launchpool page.Please note that the list of excluded countries provided below is not exhaustive and may be subject to changes due to evolving local rules, regulations, or other considerations. Currently, users from the following countries or regions will not be able to participate in farming INIT: Australia, Canada, Cuba, Crimea Region, Iran, Japan, New Zealand, Netherlands, North Korea, Syria, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government controlled areas of UkraineThis list may be updated periodically at Binance’s discretion.INIT will not be available for deposits and withdrawals for users from the following countries: Belgium, France, Italy, Poland, Spain and Sweden. Users from these countries will only be able to buy and sell the token. There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise. Thank you for your support! Binance Team 2025-04-17 Disclaimer: USDC is an e-money token issued by Circle Internet Financial Europe SAS (https://www.circle.com/). USDC’s whitepaper is available here. You may contact Circle using the following contact information: +33(1)59000130 and [email protected]. Holders of USDC have a legal claim against Circle SAS as the EU issuer of USDC. These holders are entitled to request redemption of their USDC from Circle SAS. Such redemption will be made at any time and at par value.
#BTCRebound Bitcoin (BTC), the pioneer of cryptocurrencies, has once again captured headlines with its remarkable rebound. After a period of correction, BTC surged past $XX,000, reigniting bullish sentiment. This blog unpacks the factors fueling the **BTC rebound**, its potential longevity, and how Binance empowers traders to capitalize on market opportunitie
What’s Driving the BTC Rebound? Key Factors Explained**
1. Institutional Adoption Accelerates**
The approval of **Bitcoin spot ETFs** in early 2024 opened floodgates for institutional capital, with firms like BlackRock and Fidelity reporting massive inflows. Additionally, corporations are increasingly adding BTC to their balance sheets, signaling long-term confidence.
#### **2. Market Sentiment Shifts from Fear to Greed**
The Crypto Fear & Greed Index, which recently jumped from "Fear" to "Greed," reflects renewed investor optimism. On-chain data from [Glassnode](https://glassnode.com) shows rising wallet activity, suggesting accumulation by long-term holders.
Advancements like the **Lightning Network** and Taproot upgrades enhance Bitcoin’s scalability and privacy, reinforcing its value proposition. Regulatory Clarity Emerges**
Countries like Japan and the UAE are establishing clear crypto frameworks, reducing uncertainty. The SEC’s resolution of high-profile cases has also tempered fears of a regulatory crackdown.
#### **5. Macroeconomic Tailwinds**
With inflation easing and the U.S. dollar weakening, investors are flocking to Bitcoin as a hedge. Geopolitical tensions further drive demand for decentralized assets.
Binance offers a suite of tools to help traders and investors seize opportunities during market recoveries:
- **Spot Trading:** Buy and sell BTC instantly with low fees. Track real-time price movements using Binance’s advanced charts.
- **Futures & Margin Trading:** Amplify potential gains (or losses) with up to 125x leverage. Always practice risk management. #BTCRebound
According to Foresight News, Solana co-founder Anatoly Yakovenko has responded to a user's claim that Layer 2 solutions are faster, cheaper, and more secure than Layer 1 blockchains. Yakovenko argued that there is no reason to build Layer 2 solutions, as Layer 1 can be faster, cheaper, and more secure. He emphasized that Layer 1 blockchains do not slow down due to the gradual movement of the Layer 1 data availability stack and do not compromise security through complex fraud proofs and multi-signature upgrades. #SaylorBTCPurchase $ETH $SOL
According to Binance Market Data, Ethereum has dropped below 2,000 USDT and is now trading at 1,999.810059 USDT, with a narrowed narrowed 0.61% increase in 24 hours.$ETH #ETHETFS
Binance has completed the integration of USDC on the Aptos network. Deposits are now open. Please find your assigned token deposit address here. The token’s smart contract address on the aforementioned network can be found here. Please Note: Binance will open withdrawals for the token on the aforementioned network once there are sufficient deposits, and will not notify users in a further announcement. There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise. Thank you for your support! Binance Team 2025-03-21 USDC is an e-money token issued by Circle Internet Financial Europe SAS (https://www.circle.com/). USDC’s whitepaper is available here. You may contact Circle using the following contact information: +33(1)59000130 and [email protected]. Holders of USDC have a legal claim against Circle SAS as the EU issuer of USDC. These holders are entitled to request redemption of their USDC from Circle SAS. Such redemption will be made at any time and at par value. $USDC
Binance Introduces Nillion (NIL) on Launchpool: Earn NIL by Staking BNB, FDUSD, and USDC
Binance has announced Nillion (NIL) as the 65th project on Binance Launchpool, a decentralized network designed to enable secure data processing and storage with privacy-preserving technology. Users can farm NIL tokens by staking BNB, FDUSD, and USDC for a three-day period starting March 21, 2025, at 00:00 UTC.NIL Launch & Listing DetailsTrading Start Date: March 24, 2025, at 13:00 UTCAvailable Trading Pairs: NIL/USDT, NIL/BNB, NIL/FDUSD, NIL/USDC, NIL/TRYInitial Circulating Supply: 195,150,000 NIL (19.52% of total supply)Total Token Supply: 1,000,000,000 NILInflation Rate: 1% yearly (governed emission)Launchpool Rewards: 35,000,000 NIL (3.5% of total supply)NIL Farming Pool Allocation & Staking DetailsFarming Period: March 21, 2025 (00:00 UTC) – March 23, 2025 (23:59 UTC)Total Daily Rewards: 11,666,666 NILHourly Hard Cap per User:BNB Pool: 38,888 NILFDUSD Pool: 4,861 NILUSDC Pool: 4,861 NILReward Distribution Across PoolsDateTotal Daily RewardsBNB PoolFDUSD PoolUSDC Pool2025-03-21 - 2025-03-2311,666,666 NIL9,333,333 NIL1,166,666 NIL1,166,666 NILNote: Users must complete Binance KYC verification to participate. The Nillion blockchain explorer will be available at the public launch.How to Participate in NIL FarmingLock BNB, FDUSD, or USDC in Binance Launchpool (links available within 12 hours).Earn NIL tokens based on your staking amount.NIL tokens will be distributed proportionally according to user contributions.
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As of 15:06 UTC on March 12, 2025, Bitcoin briefly fell below the 81,000 USDT threshold, stabilizing at 80,992.04 USDT based on real-time Binance data. The slight retreat comes despite BTC posting a 0.85% gain over the preceding 24 hours, underscoring mixed market sentiment as traders eye key resistance levels.
While the flagship cryptocurrency remains in positive territory for the day, its inability to hold above the psychologically significant 81,000 USDT mark highlights ongoing volatility. Analysts will monitor whether BTC can regain momentum or face further consolidation near current levels. $BTC
Binance has announced the 11th project on the HODLer Airdrops page - GoPlus Security (GPS). Users who subscribed their BNB to Simple Earn (Flexible and/or Locked) and/or On-Chain Yields products from 2025-02-19 00:00 (UTC) to 2025-02-24 23:59 (UTC) will get the airdrop distribution. The HODLer Airdrops information is estimated to be available in 12 hours, and the new token will be distributed to users’ Spot Accounts at least 1 hour before trading starts.Binance will then list GPS at 2025-03-04 13:00 (UTC) and open trading against USDT, USDC, BNB, FDUSD, and TRY pairs. The seed tag will be applied to GPS. Users can start depositing GPS in preparation for trading in 2 hours.