Strategy Invested $962.7 Million Last Week to Increase Its | Shoaib331 on Binance Square

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Strategy Invested $962.7 Million Last Week to Increase Its Bitcoin Holdings by 10,624 Coins
On December 8, official sources confirmed that Strategy purchased a total of 10,624 bitcoins between December 1 and 7 for roughly $9.627 billion, at an average price of approximately $90,615 per bitcoin.
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Binance has been proudly nomadic for years. A new announcement suggests it’s finally chosen a headquarters For years, Binance has dodged questions about where it plans to establish a corporate headquarters. On Monday, the world’s largest crypto exchange made an announcement that indicates it has chosen a location: Abu Dhabi, the capital of the United Arab Emirates. In its announcement, Binance reported that it has secured three global financial licenses within Abu Dhabi Global Market, a special economic zone inside the Emirati city. The licenses regulate three different prongs of the exchange’s business: its exchange, clearinghouse, and broker-dealer services. The three regulated entities are named Nest Exchange Ltd., Nest Clearing and Custody Ltd., and Nest Trading Ltd., respectively. Richard Teng, co-CEO of Binance, declined to say whether Abu Dhabi is now Binance’s global headquarters. “But for all intents and purposes, if you look at the regulatory sphere, I think the global regulators are more concerned of where we are regulated on a global basis,” he said, adding that Abu Dhabi Global Market is where his crypto exchange’s “global platform” will be governed. A company spokesperson declined to add more to Teng’s comments, but did not deny Fortune’s assertion that Binance appears to have chosen Abu Dhabi as its headquarters. #Binance

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Who is Yi He? The quiet power behind Changpeng Zhao now running Binance as its new co-CEO Yi He Binance co-CEO: Binance Holdings, the world’s largest cryptocurrency exchange, is entering a new era of leadership with the appointment of Yi He as co-CEO, sharing duties with acting CEO Richard Teng, as per a report. The announcement marks the most significant leadership change at the company since Teng succeeded founder Changpeng Zhao, who pleaded guilty to violating US money-laundering laws in 2023, as per a CNBC report. Yi He Becomes Co-CEO of Binance Yi He co-founded Binance with Zhao in 2017 and has maintained a relatively low public profile despite playing a central role in the company’s growth. She has been described in media reports as the “Crypto Queen” behind the scenes, influencing major decisions across marketing, investments, and strategic direction. Her social profiles list her most recent role as Chief Customer Service Officer at Binance.

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#Theter has secured formal approval from the Abu Dhabi Global Market (ADGM), giving $USDT “Accepted Fiat-Referenced Token” status and allowing regulated businesses to use it across nine newly approved blockchains: Aptos, Celo, Cosmos, Kaia, NEAR, Polkadot, Tezos, TON, and TRON. The decision significantly boosts USDT’s multi-chain reach within one of the world’s most crypto-friendly regulatory hubs, adding to existing approvals on Ethereum, Solana, and Avalanche

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🚨 XRP On The Verge: Bullish Breakout Incoming? 🚨 $XRP is forming key bullish structures while institutional flows support potential upside. Technical and on-chain data suggest the token could target the $2.50 psychological level in the near term. 🔍 Market Snapshot • Price: $2.0825 • Distance from Yearly Low: ~15% • ETF Inflows (since Nov. 14): $897M • Stablecoin Supply (RLUSD): >$1.3B, transaction volume rising 📊 Technical Analysis 8H Chart – Inverse Head-and-Shoulders • Right shoulder approaching neckline • Price testing 25-period EMA • RSI and MACD trending upward → bullish • Breakout target: $2.50 🎯 Key Levels to Watch Support Zone: • $2.00 – $2.05 - buyers defending trendline Resistance Zone: • $2.50 psychological level - key breakout target ⚠ Conclusion: $XRP Is Poised for Lift-Off With a falling wedge converging, an inverse head-and-shoulders pattern, and strong ETF inflows, XRP could see a rapid surge. XRP is minutes from a breakout that could shake the market - bullish momentum building! #xrp #Binance

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Ripple has secured US$500 million in new investment!💰 This lifts XRP$XRP valuation to US$40 billion and attracting major Wall Street names like Fortress, Citadel Securities, Pantera and Galaxy Digital. The deal includes a ~10% guaranteed annual return for investors, rising to 25% if Ripple repurchases shares early. Institutional estimates suggest up to 90% of Ripple’s net asset value is tied to its XRP$XRP holdings, which still exceed the company’s equity valuation. The raise signals growing traditional-finance interest in Ripple while reinforcing XRP$XRP 's central role in the company’s long-term strategy. #xrp #Binance

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