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Tag: Binance

Tag: Binance

Turbulence hits binance usd: $2 billion wiped out in token turmoil

Turbulence Hits Binance USD: $2 Billion Wiped Out in Token Turmoil

12 September, 2025 Bitcoinmke 0 Comments Cryptocurrency 17:08

Amidst a series of missteps around its pegged assets, Binance’s BUSD stablecoin has witnessed a persistent shrinkage in its supply, continuing a downward spiral that alarms market watchers. The fallout from these management snafus and…

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Bitcoin plummets to two year nadir below $16k as binance withdraws from ftx acquisition

Bitcoin Plummets to Two-Year Nadir Below $16K as Binance Withdraws from FTX Acquisition

4 September, 2025 Bitcoinmke 0 Comments Cryptocurrency 15:14

On Wednesday, Bitcoin (BTC) slid to a two-year trough, tumbling beneath $16,000, as crypto investors grappled with Binance’s unexpected reversal on acquiring the once-prominent but rapidly deteriorating rival, FTX. Following Binance’s announcement of halting the…

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