Binance announced a significant $2 billion investment, marking its first corporate funding. This event comes alongside the exchange’s debut futures listing after a prolonged period of anticipation. While the BTC price dipped below $81,000, conflicting statements from various Canadian authorities regarding tariffs have emerged.
Binance Futures Listing
Binance Futures is set to launch the VICUSDT futures contract on March 13, offering a leverage of 75x. VIC, listed on Binance Spot, is a layer-1 blockchain platform. Its price has notably surged over the past two days, doubling its daily gains with the announcement leading to a nearly 10% increase.
Futures trading continues to attract attention even during dull market days. Despite billions in liquidations, short sellers expect further declines while those anticipating a turnaround search for opportunities to enter long positions.
VIC Coin has reclaimed levels not seen since late January, and if it can maintain support at $0.406, it could potentially rise to $0.57. Opening at $1.50 at the end of 2023, this altcoin has struggled to stay above this critical threshold for an extended period.
