Bankrupt firms FTX and Alameda Research have moved $10.8 million in various cryptocurrencies to exchanges including Binance, Coinbase, and Wintermute, amidst ongoing efforts to address substantial debts.
Binance News
In a landmark regulatory move, the U.S. Treasury Department has finalized a settlement with Binance, involving a total of $4.3 billion in fines and the exit of CEO Changpeng Zhao, significantly impacting Bitcoin’s price and paving the way for potential U.S. spot Bitcoin ETFs.
Amidst regulatory changes and growing institutional involvement, Bitcoin’s market sees a bullish momentum with record-high holder confidence and optimistic future projections for 2024.
Ethereum maintains upward trajectory with increased DApp metrics and NFT dominance, as Binance navigates significant regulatory fines and shifts in the crypto market.
Ethereum (ETH) has been exhibiting a bullish pattern, reaching a peak value of $2,041 on November 20, 2023. As the second-largest cryptocurrency by market capitalization, Ethereum’s market cap has climbed to $242.34 billion, with a 24-hour trading volume of $12.07 billion.
Dubai, October 25, 2023 – The 11th edition of the Blockchain Life Forum, widely recognized as the premier meeting point for global cryptocurrency leaders, concluded with a gathering of over 7000 attendees from 120 countries.
In a striking deviation from global trends, South Korean cryptocurrency investors are demonstrating a marked preference for altcoins and locally developed tokens over major cryptocurrencies like Bitcoin and Ethereum.
The cryptocurrency market has been buzzing with activity, and one of the most significant indicators of its bullish sentiment is the put-call options ratio.
Recent reports indicate a significant reduction in the personal wealth of Binance founder, Changpeng “CZ” Zhao.
In a recent revelation, FTX, the once-prominent cryptocurrency exchange, has come under intense scrutiny for its financial dealings, particularly concerning the use of customer funds.
In a recent analysis titled “The Relentless Rise of Stablecoins,” Brevan Howard Digital delved deep into the world of stablecoins, revealing some astonishing figures.
The legendary event, known as Crypto Whales Meeting Point, brings together over 7,000 visitors from 120 countries on October 24-25.
Trading on a crypto platform can bring you more than $1,000 of daily profit. You can double the deposit in less than a week.
Last year, the cryptocurrency faced a downturn, moving in tandem with other high-risk assets, as the Federal Reserve took aggressive measures to combat inflation.
The cryptocurrency sector has witnessed a significant shift in its growth strategy. While the U.S. was once a primary market for many crypto companies, recent regulatory pressures have prompted these firms to look elsewhere for expansion opportunities.
The cryptocurrency market has been on tenterhooks as the Federal Open Market Committee (FOMC) gears up to announce its decision on interest rates.
The stablecoin economy has shown resilience despite a relatively lackluster performance over the past 30 days, with fluctuations slightly above or below the $124 billion mark. In the past 24 hours, the global trade volume for fiat and commodity-pegged tokens reached an impressive $11.55 billion.
Binance.US, the American subsidiary of the global cryptocurrency exchange Binance, is grappling with significant challenges that are hindering its growth.
The cryptocurrency market has experienced significant turbulence over the past week, with a rapid decline and subsequent rebound in prices leading to a staggering $256 million in liquidation losses.
In a series of events that have raised eyebrows in the financial world, Binance, one of the largest cryptocurrency exchanges, is facing multiple challenges. These include the departure of high-level executives, a noticeable outflow of assets, and looming legal scrutiny from the U.S. Department of Justice.
The cryptocurrency landscape is undergoing a seismic shift, and at the epicenter of this transformation is the burgeoning field of decentralized finance (DeFi).
In a surprising move, Binance, one of the world’s leading cryptocurrency exchanges, has announced its intention to launch a new stablecoin.
CryptoQuant summarizes the changes in the Bitcoin market in the past year on social media X (formerly Twitter).
Rui, the investment manager of HashKey Capital, tweeted that as Bitcoin fell from $29,000 to $25,000, the market finally came out of the shock range.
The cryptocurrency analysis platform CCData released the “Stablecoins and CBDC Report”, showing that the total market value of stablecoins continued to decline in August.
In May, the FBI seized nearly $400,000 worth of cryptocurrency from Binance accounts linked to U.S. residents, according to an announcement filed this month.
JPMorgan analyst Nikolaos Panigirtzoglou said that the PayPal stablecoin may benefit Ethereum by increasing its total value locked (TVL).
At the recent Ask Me Anything (AMA) conference, Changpeng Zhao, the visionary founder and CEO of Binance, one of the world’s leading cryptocurrency exchanges, shared his vision of the current state and potential future of the fast-growing blockchain industry insights.