Binance will update the collateral ratio for the following assets under Portfolio Margin from 2025-04-25 06:00 (UTC). The update will be completed within approximately one hour. Assets Collateral Ratio (Before) Collateral Ratio (After) ZEC 70% 60% TWT 70% 60% ZIL 70% 55% ONE 70% 55% ROSE 70% 55% C98 70% 55% ANKR 70% 50% SKL 70% 50% COTI 70% 50% 1INCH 65% 45% Please Note: Collateral ratio will affect the Unified Maintenance Margin Ratio (uniMMR). Users should monitor uniMMR closely to avoid any potential liquidation or losses that may result from the change of collateral ratio. 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.
According to BlockBeats, Japanese publicly traded company Metaplanet has announced the issuance of zero-coupon bonds totaling $21.25 million. The funds raised from this issuance will be allocated to increasing the company's Bitcoin holdings. Previously, BlockBeats reported that on May 7, Metaplanet invested $53.4 million to acquire an additional 555 Bitcoins. This move is part of the company's ongoing strategy to expand its cryptocurrency portfolio.#BTC
Recently a statement 👇 from Chief U.S. District Judge RICHARD SEEBORG gave green light to US GOVERNMENT to liquidate 69,000 $BTC worth of 6.5 Billion dollars from silk road……
DOJ Cleared to Sell $6.5 Billion in Bitcoin Seized From Silk Road
A federal judge ruled December 30 that the DOJ can sell 69,370 Bitcoin seized from the Silk Road darknet marketplace, officials confirmed
A years-long ownership dispute over the seized Bitcoin ended after Battle Born Investments lost its bid to delay the sale. The group had claimed ownership through a bankruptcy estate and recently lost a related FOlA case seeking to reveal the identity of "Individual X" who originally surrendered the Bitcoin.
Battle Born's attorney called it "another egregious example of the DOJ's abuse of the Civil Asset Forfeiture process," claiming the government "relied on procedural trickery to make sure the facts are never heard."
The DOJ cited Bitcoin's price volatility in pushing for permission to sell the assets. When asked about next steps, a DOJ spokesperson said "The Government will proceed further consistent with the judgment in this case."
The seized Bitcoin is currently valued at approximately $6.5 billion.
Current Status— Right now $BTC is experiencing hard days and currently at $92.841 with one day loss of around 2.35% and still decreasing
Future Predictions???? Nothing but $BTC will roar 🦁 again.
Disclaimer - DYOR FOLLOW FOR MORE - @Square-Creator-992adb78108b - @CRYPTO-RAIDER - @Bank_Crypto - @NoobieCrypto - @Brun0x
Recently a statement 👇 from Chief U.S. District Judge RICHARD SEEBORG gave green light to US GOVERNMENT to liquidate 69,000 $BTC worth of 6.5 Billion dollars from silk road……
DOJ Cleared to Sell $6.5 Billion in Bitcoin Seized From Silk Road
A federal judge ruled December 30 that the DOJ can sell 69,370 Bitcoin seized from the Silk Road darknet marketplace, officials confirmed
A years-long ownership dispute over the seized Bitcoin ended after Battle Born Investments lost its bid to delay the sale. The group had claimed ownership through a bankruptcy estate and recently lost a related FOlA case seeking to reveal the identity of "Individual X" who originally surrendered the Bitcoin.
Battle Born's attorney called it "another egregious example of the DOJ's abuse of the Civil Asset Forfeiture process," claiming the government "relied on procedural trickery to make sure the facts are never heard."
The DOJ cited Bitcoin's price volatility in pushing for permission to sell the assets. When asked about next steps, a DOJ spokesperson said "The Government will proceed further consistent with the judgment in this case."
The seized Bitcoin is currently valued at approximately $6.5 billion.
Current Status— Right now $BTC is experiencing hard days and currently at $92.841 with one day loss of around 2.35% and still decreasing
Future Predictions???? Nothing but $BTC will roar 🦁 again.
Disclaimer - DYOR FOLLOW FOR MORE - @Square-Creator-992adb78108b - @CRYPTO-RAIDER - @Bank_Crypto - @NoobieCrypto - @Brun0x