This is stupid. Maybe if CZ stops selling Bitcoin to keep BNB propped up they wouldn't have to do this to try and rally the market. I have no proof but I firmly believe something funny is going on with BNB.

grayruby

Binance will convert the SAFU fund’s $1 billion stablecoin reserves into Bitcoin reserves, with plans to complete the conversion within 30 days of this announcement.

I feel like I've been hearing this line more frequently "Guided by our belief that BTC serves as the core asset in the crypto ecosystem and represents long-term value."

bitcoin

Binance: An Open Letter to the Crypto Community

ch0k1

> Binance will convert the SAFU fund’s $1 billion stablecoin reserves into Bitcoin reserves, with plans to complete the conversion within 30 days of this announcement.

I feel like I've been hearing this line more frequently "Guided by our belief that BTC serves as the core asset in the crypto ecosystem and represents long-term value."