Binance has moved its Secure Asset Fund for Users (SAFU) back into Bitcoin, restoring the emergency reserve to around $1 billion after previously holding it entirely in USD Coin (USDC). The transition began in February 2026 and was completed by mid-month. This fund is designed to protect user assets during extreme situations, and Binance will continue to monitor and adjust its size and asset mix as needed. The move marks a shift in the fund's asset allocation, aiming to balance security and market conditions while maintaining a target value near $1 billion.
Bitcoin trades at Rp1.484.592.972 on Pluang as of Oct 08, 2026 15:21 WIB, showing a 1-day decline of 1.09%. This price movement contrasts with Binance's recent move to restore its SAFU fund to about $1 billion in Bitcoin, highlighting ongoing shifts in asset security strategies. Binance Coin (BNB) also saw a slight dip of 0.61%, priced at Rp13.752.496, reflecting modest market adjustments alongside Bitcoin's changes.
Between September 1 and October 1, Binance users added over 6,200 BTC, raising total Bitcoin holdings on the exchange by 0.91% to about 688,600 BTC. Meanwhile, balances of Ether, Tether, and BNB decreased by 4.61%, 0.87%, and 0.77% respectively. This...
Ether (ETH) was trading close to $2,566.47, with Binance exhibiting the largest buy-side order-book depth compared to other platforms. Binance's spot market showed $24.75 million in buy orders against $6.32 million in sell orders, indicating a strong...
Bitcoin fell 1.63% to $82,926 on October 8 amid a 4.44% decline in the total cryptocurrency market, which now stands at $2.83 trillion. Major tokens like Ether, XRP, Solana, and Dogecoin also saw losses, while BNB remained nearly flat. NEAR Protocol ...
The crypto market declined recently due to three main factors: significant outflows from US Bitcoin and Ether spot ETFs, forced liquidation of $651 million in long futures positions, and Federal Reserve minutes indicating a likely further interest ra...
XRP whale withdrawals from Binance surged to about 1.38 billion XRP over 30 days, the highest in seven months, according to Cryptoquant data. This trend may indicate major holders prefer keeping assets off-exchange, potentially reducing tokens availa...
