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Binance

Abu Dhabi’s MGX Invests $2 Billion in Binance, Marking a Landmark Crypto Deal

Clarus Vox03 mins

In a landmark development for the cryptocurrency industry, Abu Dhabi’s investment firm MGX has invested $2 billion in Binance, the world’s largest cryptocurrency exchange. This significant capital injection marks Binance’s first institutional investment and is notable for being transacted entirely in stablecoins, underscoring the growing acceptance of digital currencies in substantial financial dealings. MGX, traditionally…

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Cryptocurrency Exchanges See Traffic Drop Amid Market Downturn

Clarus Vox02 mins

In February 2025, leading cryptocurrency exchanges Binance and Coinbase experienced a significant decline in web traffic, with both platforms seeing nearly a 30% drop compared to the previous month. This downturn aligns with a broader trend affecting centralised exchanges (CEXs), which collectively saw an approximate 20% reduction in user visits during the same period. The…

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Margin Trading in Cryptocurrency

Clarus Vox07 mins

Margin trading is a powerful investment strategy that allows traders to borrow funds to increase their purchasing power. This method enables investors to open larger positions than their available capital, potentially amplifying both gains and losses. While margin trading is commonly associated with stocks, it is also widely used in cryptocurrency markets and other financial…

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Binance to Delist Stablecoins in Europe to Comply with MiCA Regulation

Clarus Vox05 mins

Binance, one of the world’s largest cryptocurrency exchanges, has announced plans to remove several stablecoins for users in the European Economic Area (EEA) by 31 March 2025. This decision is in response to the European Union’s Markets in Crypto-Assets Regulation (MiCA), which establishes a comprehensive framework to govern cryptocurrency activities across member states. Impact of…

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FTX/Alameda Transfers 58,964 SOL Tokens to Binance, Raising Market Concerns

Clarus Vox05 mins

On 5 March 2025, blockchain analytics firm Lookonchain reported that FTX/Alameda had transferred 58,964 Solana (SOL) tokens—valued at approximately $8.52 million—to the cryptocurrency exchange Binance. This transaction is part of a broader movement involving 3.03 million SOL tokens (worth $431.3 million) that FTX/Alameda recently unstaked. Market Implications: Increased Selling Pressure Concerns The substantial transfer of…

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Bitcoin Price Takes a Brutal Hit, but Binance’s CZ Remains Optimistic

Clarus Vox02 mins

The cryptocurrency market has faced significant volatility following former U.S. President Donald Trump’s announcement of a “Crypto Strategic Reserve,” which has led to sharp fluctuations in major digital assets. Bitcoin, the world’s leading cryptocurrency, initially surged to $95,136 after the announcement but subsequently dropped by 11% to $83,455, nearly erasing its earlier gains. Other prominent…

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