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Cointime News Wrapup-Afternoon Version: Binance Once Planned to Evade US Scrutiny, New Texts and Documents Confirm
To smooth and facilitate the reading experience for all users, we hereby compose this wrapup, especially for users who cannot check out what’s going on in a timely manner.
the market shows ETH falling below $2800, currently at $2797.72, with a 24-hour decline of 8.19%. The market is highly volatile, please manage your risk accordingly.
the market shows BTC fell below $87,000, currently at $86,987.18, with a 24-hour decline of 6.03%. The market is highly volatile, please manage your risk accordingly.
market shows BTC fell below $91,000, currently at $90,969.51, with a 24-hour decline of 0.34%. The market is highly volatile, please manage your risk accordingly.
US-listed company DDC Enterprise announced it has reached a purchase agreement to buy 300 bitcoins. It is reported that this is the company's largest single bitcoin acquisition to date. After the transaction is completed, DDC Enterprise's total bitcoin holdings will increase to 1,383 bitcoins, and the company expects a bitcoin yield of 99% in the second half of 2025.
US non-farm payrolls increased by 119,000 in September, with the market estimate at an increase of 52,000, and the previous value was an increase of 22,000.
Bybit, the world's second-largest cryptocurrency exchange by trading volume, has announced that it has received In-Principle Approval (IPA) from the Securities & Commodities Authority (SCA) of the United Arab Emirates (UAE) to operate as a Virtual Asset Platform Operator in the UAE. The approval, dated February 18, 2025, signifies a significant milestone in Bybit's efforts to provide a secure and compliant platform for crypto traders in the region. Bybit is now in the final stages of obtaining its fully operational license, demonstrating its commitment to meeting regulatory and compliance standards. This authorization brings Bybit closer to offering a wide range of digital asset services to retail and institutional clients in the UAE, aligning with its goal of fostering a compliant and innovative digital asset ecosystem. Bybit's progress in the UAE complements its existing regulatory approvals in the Middle East and reflects its dedication to compliance in key financial hubs worldwide.
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