Binance Launches Binance Prestige, an Exclusive Service for Ultra High Net Worth Cryptocurrency Investors
On Wednesday, November 26, Binance announced the launch of a new VIP service specifically targeting the Ultra High Net Worth (UHNW) market, named Binance Prestige. Binance Prestige is aimed at family offices, private funds, and other asset allocators, providing a high-level and professional digital asset management service.
This new service designed for ultra high net worth clients complements Binance Wealth, which was launched by Binance a year ago and mainly targets high net worth client advisors and wealth managers. According to a survey by Avaloq, more than half of wealth management professionals believe that digital assets play a key role in client interactions, an increase from 44% last year.
Currently, Binance provides special accounts for VIP users. Investors need to hold over $500,000 in tradable assets on the trading platform and a certain amount of BNB tokens to apply. VIP Holder accounts are divided into four levels, with the fourth level being the highest net worth level
14 minutes ago
Jump Crypto has now become the largest third-party on-chain holder of USD1, holding 26.16 million USD1 coins.
On November 26th, according to Auntie AI's monitoring, Jump Crypto has overtaken Wintermute and DWF Labs and become the largest on-chain holder of USD1 (excluding exchanges and project teams). At present, it holds a total of 26.16 million USD1 on-chain. The most recent significant transaction was a withdrawal of 1.14 million USD1 from OKX two hours ago.
14 minutes ago
BiyaPay Analyst: Bearish Premium Drops from 11% to 4.5%, Bitcoin Panic Selling Eases
On November 26th, the signal in the options market indicates that the current round of decline of Bitcoin may be coming to an end. BTC has recently rebounded from a seven-month low to approximately $88,000. The put/call ratio has dropped from 11% to around 4.5%, suggesting a significant decrease in panic buying for downside protection. Analysts at BiyaPay believe that both the RSI and implied volatility are in the "oversold recovery" zone, with a short-term expectation of stabilizing around $80,000 - $85,000. However, ahead of the Federal Reserve's December interest rate decision, the rebound is still constrained by macroeconomic uncertainty. It is recommended to control leverage and stagger positions. Currently, users can use BiyaPay to trade US stocks, Hong Kong stocks, and futures with USDT, enjoying zero trading fees for digital currency spot and derivatives trading, enabling flexible allocation of various assets in volatile market conditions.
14 minutes ago
Analysis: Bitcoin relies heavily on its 65% HODLer base for support at key cost levels, with a potential chip reshuffle currently underway.
On November 26th, on-chain data analyst Murphy released an analysis stating that the Bitcoin CBD Quantiles Curve indicates that significant reshuffling of market chips is taking place. CBD Quantiles: BTC buy-in cost is divided into 1%-100% based on the address count to observe the distribution and migration direction of daily chip costs.
The purple line represents the 65th percentile cost, meaning that 65% of addresses hold BTC at a cost lower than this value. The illustration shows that when BTC falls below $100,000, high-end chips (the red line at the 75th percentile) quickly move downward, while low-end chips (the purple line) move upward simultaneously. This indicates that high-end chips are being absorbed by low-end funds - meaning the market is experiencing a "shakeout."
It is crucial for the current BTC price to find support at the purple line, indicating that 65% of addresses are still in a profitable state on-chain, providing the market with a last glimmer of hope. However,
14 minutes ago
Vitalik sent 1,006 ETH to the privacy protocol Railgun
On November 26th, according to on-chain data, the address "vitalik.eth" just transferred out 1,009 ETH. Subsequently, it sent 1,006 ETH to the privacy protocol "Railgun". The address is: 0x3c7779d27348017415a9184acadc0d62052841ab.
Before this, Vitalik had transferred funds to the privacy protocol "Railgun" multiple times. Some of these transfers were for donations, and some were for purchasing Ethereum ecosystem tokens.
14 minutes ago