#UKFCAProposesRetailFunds10PctCryptoETNs
Based on the latest announcements as of June 10, 2026, here is an
$BTC Dips Below $61K While Binance Launches 5 Major Updates Today! (June 10)
Binance is having a massive day today — rolling out new products alongside a major market dip. Here’s the breakdown of everything you need to know:
1/ 🏦 Fully Paid Securities Lending (FPSL) Goes Live
Eligible users can now earn passive yield by lending out their stock holdings on the platform to institutional traders. You can sell your shares any time during the lending period, but voting rights are temporarily waived. This marks a major step into traditional finance for the exchange.
2/ ⚛️ NEAR Protocol Upgrade Support
Binance has temporarily paused NEAR deposits and withdrawals to support the network’s hard fork. Trading remains unaffected, and users don’t need to take any action—Binance is handling all the technical requirements.
3/ 🚀 Pre-IPO Exposure with SpaceX Perpetuals
Eligible traders can now get early exposure to SpaceX ahead of its public listing through Binance's new Pre-IPO Perpetual Contracts—democratizing access that was previously limited to institutional investors.
4/ 🎁 Airdrop & Alpha Updates
· Second KGeN Airdrop Round: Users with at least 241 Alpha Points can claim 160 KGEN tokens on a first-come, first-served basis.
· RateX (RTX) Wave 2 Airdrop: Eligible users can claim 26 RTX tokens with at least 240 Binance Alpha Points.
· Alpha Box Live: FOLKS and FOREST airdrops for those with 230+ Alpha Points.
5/ 📉 Market Snapshot (June 10)
· Bitcoin (BTC): trading around $60,958, down ~4.61% in 24 hours.
· Kimchi Premium Reverses: BTC on Binance is trading at a -1.69% discount compared to the Korean market—a rare reverse premium.
· Reserves Confirmed: Binance released its June Proof of Reserves update, confirming all user assets are backed 1:1.
Which of these moves is the most bullish for Binance? Drop your take below 👇
Disclaimer:This content is for informational purposes only and does not constitute financial