Binance will convert 1 billion USD into BTC, BNB, ETH and Bitcoin, the price increases to USD 22.6,000

Veröffentlicht:

Aktualisiert:

Von: Krypto News Österreich

Die vergangene Woche war insgesamt wild und nicht nur auf dem Kryptowährungsmarkt. Eine große Bank in den USA – die Silicon Valley Bank – erlebte im Wesentlichen einen Bank Run und wurde von den Behörden zur Schließung gezwungen, um weitere Panik zu verhindern. Die Regierung legte angesichts der Federal Reserve und des Finanzministeriums sowie der FDIC schnell einen Rettungsplan vor, schloss aber gleichzeitig auch die Signature Bank – die letzte der drei Krypto-Banken. gegenüber Finanzinstituten in den USA. Inmitten all dessen ging der CEO von Binance – Changpeng Zhao – zu Twitter aufdecken dass sie planen, den Rest der Mittel …
Overall, the past week was wild and not just on the cryptocurrency market. A large bank in the USA - the Silicon Valley Bank - essentially experienced a bank run and was forced to close the authorities to prevent further panic. In view of the Federal Reserve and the Ministry of Finance and the FDIC, the government quickly presented a rescue plan, but at the same time also concluded the Signature Bank-the last of the three crypto banks. towards financial institutions in the United States. In the middle of all of this, the CEO of Binance - Changpeng Zhao - revealed to Twitter that they plan, the rest of the funds ... (Symbolbild/KNAT)

The past week was wild overall and not only on the cryptocurrency market. A large bank in the United States - the Silicon Valley Bank - essentially experienced a bank and was forced to close the authorities to prevent further panic.

The government quickly presented a rescue plan in view of the Federal Reserve and the Ministry of Finance, but also closed the Signature Bank-the last of the three crypto banks. towards financial institutions in the USA.

  • In the middle of all of this, the CEO of Binance-Changpeng Zhao-went to Twitter open that they plan to convert the rest of the funds of the Industry Recovery initiative of $ 1 billion from Busd into Native Krypto.
In view of the changes in Stable Coins and Banks, Binance will convert the remaining funds of the Industry Recovery Initiative of $ 1 billion from Busd into Native Kryptos, including BTC, BNB and ETH. Some fund movements will take place in the chain. Transparency.

  • Perhaps something expected, the cryptocurrency market accepted the sky and contributed to the profits that he had already recorded hours before the announcement.
  • The price of Bitcoin reached an intra-raday high of $ 22,600 (on Binance) and has currently risen by 6 % that day.
  • Ethereum rose by about 8 % on this day, while BNB rose by about 10 %.
  • The Industry Recovery Initiative was announced by CZ in November 2022.

In order to reduce other cascading negative effects of FTX, Binance forms an Industry Recovery Fund to help projects that are otherwise strong, but are in a liquidity crisis.

.