Industry insiders: Once BTC breaks through its previous historical high, the price often reaches levels multiple times higher than its previous high

Odaily Planet Daily News: Richard Teng reviewed his one-year tenure as CEO of Binance in an article on the Binance blog. He stated that the Binance platform currently serves over 240 million users worldwide and protects over $130 billion in user assets. In 2024, the institutional settlement rate of Binance has more than doubled compared to the previous year, indicating that professional investors' trust in our platform and services continues to increase. It has become the first centralized cryptocurrency exchange with a combined spot and derivative trading volume exceeding $100 trillion. In addition, Binance has been strengthening its workforce, welcoming 1600 new employees in the past year, with a particular focus on world-class compliance talent. These numbers not only highlight the resilience of Binance and cryptocurrency, but also highlight the level of maturity and acceptance that was unimaginable a year ago.

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According to Globenewswire, US listed company Steakholder Foods Ltd. (Nasdaq: STKH) announced that its board of directors has approved the purchase of up to $1 million worth of Bitcoin or an index tracking cryptocurrencies. As the demand for cryptocurrencies continues to grow and their acceptance as an asset class continues to increase, we believe that Bitcoin or a diversified cryptocurrency basket, including Bitcoin, will become a strong financial reserve asset for the company. Given the recent approval of cryptocurrency ETFs and the increasing support from institutional investors, cryptocurrencies can be a great complement to our financial strategy to provide a practical store of value, "said Arik Kaufman, CEO of Steakholder Foods It is reported that Steakholder Foods is a manufacturer of alternative protein and 3D printing technology. It is an Israeli company listed on NASDAQ.

According to BlockBeats, on November 21st, according to Lookonchain monitoring, the address "bc1q... z7l0" withdrew 1731 BTC (approximately $168 million) from Binance 6 hours ago. In addition, 8 new addresses have withdrawn a total of 1164 BTC (approximately $113 million) from Binance in the past 10 hours.

Odaily Planet Daily News: According to Lookonchain monitoring, the giant whale is still accumulating BTC. Whale "bc1q... z7l0" withdrew 1731 BTC worth $168.9 million from Binance six hours ago. In addition, eight newly built addresses have withdrawn a total of 1164 BTC worth $113.6 million from Binance in the past 10 hours.