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🚀 Binance Spot Altcoin Trading Festival – Grab a Slice of 4.27 M XPL in Token Vouchers!
Binance is rolling out two spot‑trading contests from 10 Dec 2025 11:00 UTC to 19 Dec 2025 11:00 UTC
🔥 Trading Volume Tournament - Prize pool: up to 4,060,000 XPL - Eligible: Verified regular & VIP users (liquidity providers & brokers excluded) - How to win: Trade ≥ $1,000 USD equivalent in any of the listed pairs (BNB, CAKE, LINK, ASTER, XPL vs. USDT/USDC). - Rewards: 1st = 10% of pool, 2nd = 8%, 3rd = 6%, 4th = 4%, 5th = 2%, 6‑20th split 20%, 21‑50th split 16%, rest split 34% (max 1,250 XPL per user).
🤖 Spot Grid Bot Tournament - Prize pool: up to 210,000 XPL - Eligible: Same user groups as above. - How to win: Deploy a Grid strategy with ≥ $100 capital and achieve ≥ $200 in grid‑trading volume on the same eligible pairs. - Rewards: Allocation = (your grid volume ÷ total grid volume) × 210,000 XPL, capped at 650 XPL per participant.
🔥CFTC Unleashes! Banks Can Directly Use Bitcoin, Ethereum, and USDC as Margin for Derivatives, Wall Street's 24-Hour Crypto Market Finally Connects🔥
The U.S. Commodity Futures Trading Commission (CFTC) dropped a bombshell on the 9th: Interpretive Letter 1188 officially confirms that national banks can legally use Bitcoin (BTC), Ethereum (ETH), and USDC as initial margin for derivatives under specific conditions! This marks the end of the long-standing funding gap between Wall Street and the crypto market. After the GENIUS Act is implemented, the U.S. makes a key strike to reclaim global pricing power in crypto derivatives.
Pilot rules are strict: FCMs (Futures Commission Merchants) can buy (sell) a fixed amount of crypto from client A and simultaneously reverse the same amount with client B, maintaining zero positions on their books and avoiding price risk, purely acting as agents. The OCC recognizes this as incidental authority permitted by the National Bank Act, requiring no additional permission. However, the safety iron rule remains unchanged: build AML, cybersecurity, and third-party risk management, and notify the OCC in advance, or face penalties. The first three months are limited to BTC, ETH, and USDC, with weekly reports on digital asset holdings and account classifications, and real-time risk monitoring.
Acting Chair Caroline Pham emphasized, "This plan builds a guardrail, embracing innovation while protecting customer assets." This shifts from a comprehensive ban to risk management, with giants like JPMorgan, Goldman Sachs, and Bank of America entering BTC/ETH spot trading at low risk, T+0 settlement, and faster global capital circulation.
Once the news broke, BTC surged past $93,000, and ETH broke $3,200, causing market heat to skyrocket. Institutional wallets breathed a sigh of relief as crypto transitioned from the margins to mainstream, with banks doubling their trading volumes, benefiting retail investors as well—trading becomes more stable and cheaper.
Bitcoin army, this deregulation comes at a timely moment, officially starting the institutional era. #美联储FOMC会议 $BTC {spot}(BTCUSDT) $ETH {spot}(ETHUSDT) $SOL {spot}(SOLUSDT)
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