Binance Initiates $100 Million Central Bank-Style Market Support As Bitcoin Bleeds
Binance has executed the primary Bitcoin buy beneath its newly introduced $1 billion SAFU conversion plan, buying 1,315 BTC, valued at roughly $100.7 million. The buy, coming simply days after the repurposing of its SAFU fund to a Bitcoin reserve, comes as markets wrestle via one other bout of heavy promoting stress. Binance Makes a…
