Here are some new updates from Binance (and related the crypto market) today:
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🧮 Market Snapshot
The token BNB (Binance’s native cryptocurrency) is trading around US$958.09, with a small decline of about -0.45%.
More broadly, the crypto market is under pressure: Over US$395.7 million in leveraged positions were liquidated recently.
For example, the flagship Bitcoin (BTC) dropped to around US$103,869, a ~4% decline in 24 hours.
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📣 Key Binance Announcements
1. HODLer Airdrop – Sapien (SAPIEN) Binance announced that users who subscribed their BNB holdings to certain “Simple Earn” or “On-Chain Yields” products between 20–22 Oct 2025 will be eligible for an airdrop of Sapien tokens.
If you hold BNB and used those products, you might qualify.
No guarantee of large gain — eligibility and exact amounts depend on snapshot and pool.
Tip for you (in Pakistan): Make sure your Binance account (if you use Binance) has KYC completed, and check your Earn product history to see if you subscribed within the specified window.
2. API / Data Stream Update for Margin Trading Binance issued a notice that their Margin product will update “User Data Streams” on 10 Nov 2025.
If you use programmatic access (APIs) or automated trading tied to Binance Margin, you should check the changes and update your integration accordingly.
For regular spot traders, this may not immediately affect you but good to be aware.
3. Market Conditions & Liquidations Binance published commentary on the crypto market: high liquidation volumes, weak directional momentum, and vulnerability of altcoins in the current environment.
About US$1.7 billion in liquidations over a 24-hour period.
Funding rates (for futures) are low, indicating traders are cautious.
Altcoins are more exposed in this environment than stronger coins like BTC or BNB.
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✅ What This Means for You
If you hold BNB: The price is slightly down — in a volatile market, so only invest what you’re comfortable with.
If you participate in Binance’s “Earn” or “Margin” products: Check your eligibility for the Sapien airdrop and verify your product history.
If you are in Pakistan (you) and trade crypto: Be especially vigilant — regulatory and infrastructural conditions may differ. Ensure you understand local rules, secure your account (2FA, withdrawal protections).
Market sentiment is cautious: The big numbers of liquidations and macro headwinds (interest rates, dollar strength) suggest risk is elevated. Not the time to assume everything will only go up.
00:00Here are some new updates from Binance and related the crypto market today.
00:04Market snapshot.
00:05The token BNB, Binance's native cryptocurrency, is trading around $958.09, with a small decline of about minus 0.45%.
00:15More broadly, the crypto market is under pressure.
00:18Over $395.7 million in leverage positions were liquidated recently.
00:24For example, the flagship Bitcoin, BTC, dropped to around $103.869, a 4% decline in 24 hours.
00:34Key Binance Announcements
00:351.
00:36Hotter Airdrop, Sapien, Sapien, Binance announced that users who subscribe their BNB holdings to certain simple earn or on-chain yields products between 20 to 20 to 2025 will be eligible for an airdrop of Sapien tokens.
00:49If you hold BNB and use those products, you might qualify.
00:52No guarantee of large gain, eligibility and exact amounts depend on snapshot and pull.
00:59Tip for you, in Pakistan, make sure your Binance account, if you use Binance, has KYC completed, and check your own product history to see if you subscribed within the specified window.
01:092.
01:10API Slash Data Stream Update for Margin Trading
01:13Binance issued a notice that their margin product will update user data streams on November 10, 2025.
01:18If you use programmatic access, APISH, or automated trading tied to Binance Marching, you should check the changes and update your integration accordingly.
01:28For regular spot traders, this may not immediately affect you but good to be aware.
01:323.
01:33Market Conditions and Liquidations
01:34Liquidations
01:35Binance published commentary on the creator market, high liquidation volumes, weak directional momentum, and vulnerability of old coins in the current environment.
01:45About $1.7 billion in liquidations over a 24-hour period.
01:49Funding rates for futures are low, indicating traders are cautious.
01:54Old coins are more exposed in this environment than stronger coins like BTC or BNB.
01:58What this means for you, if you hold BNB, the price is slightly down, in a volatile market, so you only invest what you're comfortable with.
02:07If you participate in Binance's own or margin products, check your eligibility for the sapien aerobe and verify your product history.
02:14If you are in Pakistan, you, and trade crypto, be especially vigilant, regulatory and infrastructural conditions may differ.
02:22Ensure you understand local rules, secure your account, too far, withdraw protections.
02:27Market sentiment is cautious.
02:30The big numbers of liquidations and macro headwinds, interest rates, dollar strength, suggest risk is elevated.
02:36Not the time to assume everything will only go up.
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