We’re pleased to announce Orbiter Finance (OBT) has been featured on Binance Alpha.
Eligible Binance users with at least 200 Binance Alpha points can claim an airdrop of 8,000 OBT tokens on the Alpha Events page starting at 8:00 UTC on May 24th, 2025.
Please note claiming the OBT airdrop will consume 15 Binance Alpha points. Users need to confirm the claim on the Alpha Events page within 24 hours (before 8:00 UTC on May 25th, 2025), otherwise it will be deemed that users have given up claiming the airdrop.
Additionally, we will be announcing an OBT trading competition with a prize pool of $640K in rewards. Don't miss out on the opportunity to trade and win
We’re pleased to announce that Binance will be the first platform to feature SOPHON (SOPH):
🔸 Binance Alpha Trade Opens on 2025-05-28 13:00 (UTC) 🔸 Binance Futures Trade Opens on 2025-05-28 13:30 (UTC)
Eligible users must use Binance Alpha Points to claim their airdrop on the Alpha event page, which will be published on 2025-05-28 13:00 (UTC) with the activity rules.
Stay tuned for further updates on the official channel.
Doge coin, also known as Dogecoin (DOGE), is a popular cryptocurrency that started as a joke but has gained significant traction. Here's what you need to know:
*Key Features:*
- *Open-source peer-to-peer digital currency*: Dogecoin utilizes blockchain technology, a decentralized system of storing information as a public ledger. - *Fast transaction fees*: The fees to send Dogecoin are extremely small. - *Vibrant community*: Dogecoin has an amazing community that cares about supporting each other, being kind, and teaching people about cryptocurrency.
*Price and Market Performance:*
- *Current Price*: $0.2496 (up 3.6% in the last 24 hours) - *Market Capitalization*: $37,205,440,672 (ranked #8 on CoinGecko) - *24-hour Trading Volume*: $2,785,788,473
*Buying and Trading:*
- *Exchanges*: Dogecoin can be traded on centralized crypto exchanges like Binance, OKX, and MEXC. - *Trading Pairs*: Popular trading pairs include DOGE/FDUSD, DOGE/USDT, and DOGE/USD.
*Use Cases:*
- *Tipping system*: Dogecoin is primarily used as a tipping system on Reddit and Twitter. - *Fundraising activities*: The community is active in organizing fundraising activities for deserving causes. - *Charities*: Dogecoin has been used to support various charitable endeavors, including funding clean water wells in Kenya ¹ ². $DOGE $DOGE
As of May 23, 2025, Bitcoin (BTC) is trading at $108,458, reflecting a 2.5% decline over the past 24 hours. This drop follows a recent surge above $106,000, which was driven by a Moody’s downgrade of U.S. debt and speculation about the GENIUS Act stablecoin regulation bill. However, those gains were quickly reversed due to several key factors:
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🔍 Key Factors Behind Bitcoin's Recent Decline
1. Profit-Taking and Technical Resistance After reaching new highs, many short-term traders are cashing out, leading to downward pressure. Additionally, Bitcoin is testing critical support levels around $105,000, and failure to hold could trigger further sell-offs.
2. Institutional Outflows from ETFs Bitcoin exchange-traded funds (ETFs) have experienced significant outflows, with $552.5 million withdrawn in a recent week. This trend indicates declining institutional interest, which could dampen bullish momentum.
3. Macroeconomic Concerns The U.S. Federal Reserve's cautious stance on interest rate cuts amid persistent inflation is contributing to uncertainty. Investors are becoming more risk-averse, leading to reduced demand for cryptocurrencies.
4. Geopolitical Tensions and Tariffs Recent announcements of new tariffs on imports from Canada, Mexico, and China have raised concerns about trade tensions and their potential impact on the global economy, affecting investor sentiment.
5. Security Concerns in the Crypto Ecosystem High-profile hacks, such as the $1.5 billion theft from the Bybit exchange, have shaken investor confidence and led to increased caution in the market.
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📊 Bitcoin Market Snapshot
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These factors collectively contribute to the current volatility in Bitcoin's price. Investors are advised to monitor these developments closely, as they could influence market dynamics in the near term.
Here’s a summary of Binance’s latest official announcements and activities as of May 23, 2025:
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🆕 New Listings & Airdrops
SOON Token on Binance Alpha: Binance Alpha has listed the SOON (SOON) token, with trading commencing today. An airdrop is available for eligible users via Binance Alpha Points.
Haedal Protocol (HAEDAL) Airdrop: Binance has launched the Haedal Protocol (HAEDAL) as part of its HODLer Airdrops program, rewarding users who subscribed their BNB to Simple Earn products between May 10 and May 21, 2025.
Huma Finance (HUMA) on Launchpool: Binance has introduced Huma Finance (HUMA) on Launchpool. Users can lock BNB, FDUSD, or USDC to farm HUMA tokens over a 3-day period starting today.
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❌ Delistings
Removal of Spot Trading Pairs: Binance has removed certain spot trading pairs, including SUI/USDT and SUI/FDUSD, effective today.
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💱 New Stablecoin Listing
USD1 Stablecoin: Binance has listed USD1, a stablecoin backed by World Liberty Financial, with trading available against USDT.
We are proud to announce #Binance is a sponsor of the Association for Women in Cryptocurrency #AWIC.
Our mission is to drive financial inclusion with crypto as a fundamental means.
We are excited to join the #AWIC to work on our mutual goal of making the financial system more inclusive where it is only achieved by ensuring women are equal participants in shaping and building the future of finance.
Read more 👉 https://www.binance.com/en/blog/community/binance-joins-the-association-for-women-in-crypto-to-drive-inclusion-and-impact-1019567959523458900?ref=R30T0FSD&utm_source=BinanceFacebook&utm_medium=GlobalSocial&utm_campaign=GlobalSocial #BinanceSquareTalks #BinanceSquareFamily