Binance, one of the world’s largest crypto exchanges, is converting $1 billion in the stablecoin Binance USD, or BUSD, into bitcoin, Ether and other cryptocurrencies, said Binance CEO Changpeng Zhao, ...
The move likely contributed to buying pressure. Bitcoin jumped over $22,500 in Asian hours on Monday while ether regained the $1,600 market. BNB rose over 10% to trade over $300, setting two-week ...
in the wake of regulatory action against Binance-branded dollar-pegged stablecoin BUSD. The BNB/BTC ratio listed on Binance, the world's largest exchange by trading volume, slipped to 0.01257 early ...
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