Binance Continues SAFU Fund Shift With Fresh BTC Purchase

'Perfecting Timing Too,' Binance's CZ Acknowledges Stablecoin to Bitcoin SAFU Funds Plan

Binance's CZ says Binance is making the stablecoin to Bitcoin conversion for its SAFU funds at the perfect time despite recent market volatility.

Binance Adds BTC to SAFU Fund, Gets Praise from Founder CZ

Binance has added 3,600 BTC to its SAFU Fund. Founder CZ has called it perfect timing. BTC price has surged by 3.4% over the last 24 hours. Binance has added more bitcoins to its SAFU Fund. The move comes at a time when BTC price has slipped to a low of around $68k, with the possibility of further decline in the days to come. Binance Founder Changpeng CZ Zhao has hailed the recent acquisition. Binance Adds More BTC to SAFU Fund The platform has …

Binance SAFU Fund Adds 3,600 Bitcoin ($233M) As Market Faces Pressure

Bitcoin has experienced one of its sharpest corrections in recent years, slipping below the $65,000 level and reaching its lowest price since October 2024. The decline reflects persistent selling pressure across the crypto market, accompanied by deteriorating macro sentiment, reduced liquidity, and cautious positioning among institutional participants. Recent price action suggests the market is entering a critical phase where confidence, rather …

Binance Continues SAFU Fund Shift With Fresh BTC Purchase

The post Binance Continues SAFU Fund Shift With Fresh BTC Purchase appeared on BitcoinEthereumNews.com. Binance bought $235 million in Bitcoin as part of its planned $1 billion SAFU fund conversion. The exchange completed a second $100 million stablecoin-to-Bitcoin conversion tranche this week. SAFU fund changes follow insolvency rumors, which Binance and Changpeng Zhao have denied. Binance has purchased another $235 million worth of Bitcoin for…

Bitcoin Plumps To $66,845 Amidst Bearish Trend

Bitcoin’s price has recovered to over $65,000, a rise of 11% from 15-month lows that were below $60,000, where institutional investors are taking advantage of the dip to buy. The crypto market lost more than $2.6 billion, with Bitcoin alone responsible for $1.1 billion in long liquidations. Institutional Dip, Buyers Emerge Binance’s Secure Asset Fund for Users (SAFU) reportedly acquired 3, 600 BTC worth $250 million at a price of around $65, 000…

Binance traders face $1B SAFU pivot into Bitcoin dip‑buying spree

Binance has bought another 3,600 BTC for its SAFU fund, lifting the stash to 6,230 BTC as it races to convert roughly $1B in user‑protection reserves into Bitcoin within 30 days. Binance has quietly turned its emergency war chest into…