Binance's Bold Moves: New Contracts, Market Shifts & Institutional Backing
Binance, the world's leading cryptocurrency exchange, is making significant strides in the crypto space as of September 19, 2025. Here's a breakdown of the latest developments:
🔥 New Perpetual Contracts Launch
Binance Futures has introduced two new USDⓈ-Margined perpetual contracts:
ASTER/USDT: Launched at 12:00 PM (UTC), offering up to 50x leverage.
TRADOOR/USDT: Launched at 12:30 PM (UTC), also with up to 50x leverage.
These additions aim to provide traders with more diverse options in the rapidly evolving market.
📈 Market Trends
Bitcoin ($BTC BTC): Surpassed the $117,000 mark, currently trading at $117,130.76, reflecting a 0.43% increase in 24 hours.
Ethereum ($ETH ETH): Dropped below $4,600, now trading at $4,598.11, marking a 0.40% decrease in 24 hours.
🏛️ Institutional Investment
Abu Dhabi's MGX has invested $2 billion in Binance, marking the first institutional investment for the exchange. This move underscores the UAE's commitment to becoming a global hub for digital assets.
🔄 Token Migration
Binance Alpha is facilitating the migration from APX tokens to ASTER, with support for the switch and airdrop rewards. This transition aims to streamline token offerings on the platform.
