Binance has taken a $100M stake in Circle $CRCL, buying about 1.24M shares at $80.84 each. The two also expanded their partnership for five years, with Binance agreeing to promote USDC across its platform.

BINANCE BUYS $100M STAKE IN CIRCLE, EXPANDS USDC PARTNERSHIP Binance bought roughly 1.24M $CRCL shares at $80.84 each, investing about $100M in the USDC issuer. The two companies also expanded their commercial partnership for five years, with Binance agreeing to promote USDC across its platform. Circle will pay Binance a monthly incentive fee under the agreement. USDC currently has a market cap of roughly $75B. Source: Reuters

Binance Alpha would like to clarify the reward distribution arrangements for 4Stock holders: 🔸 Binance Wallet holders Rewards will be automatically distributed by Four Meme to users' on-chain Binance Wallet addresses in BNC4, based on distribution rules of Four Meme. Details: 🔸 Alpha 2.0 holders (CEX) As rewards from Four Meme will be distributed to the Binance Alpha treasury contract address, Binance Alpha will calculate token holdings based on one random daily snapshot and distribute rewards monthly. Rewards for the previous month will be distributed to eligible users' Spot Accounts at the beginning of the next month. A user’s daily holdings of more than 10,000 4Stock will count as valid holdings. A user’s monthly valid holdings will be the sum of their valid daily holdings of 4Stock during the month. Monthly rewards will be distributed based on each user’s valid holdings as a proportion of the total valid holdings of all eligible 4Stock holders. Rewards for 4Stock will be distributed in BNCB. For reward calculation purposes, 1 BNCB will be treated as equivalent to 1 BNC4. Reward eligibility is subject to applicable product and jurisdictional restrictions, including whether the user is eligible to access bStocks on Binance. The reward distribution is set by the token deployer in the token contract, using the standard token launch platform infrastructure of Four Meme. Binance acts solely as a distribution facilitator for eligible holders on its platform. This is not an offer or solicitation to trade any financial product. Not available to users in restricted jurisdictions.

binancecoin:native COULD BE STARTING A NEW UPTREND After more than 200 days of consolidation, @binance coin has broken above its major resistance and long-term descending trendline. The breakout opens the possibility of higher highs. • Key support: $728 • Current price: around $793 • Next major resistance: $900 As long as binancecoin:native holds above the breakout zone, the bullish structure remains valid.