Amid SEC lawsuit, market drop by 78% on Binance.US, but DigiToads presale continues to rise
17.6.2023
Following the recent actions of the SEC on the crypto market, the crypto market has suffered a harsh market situation. Some of the best cryptos on the Binance platform have lost their standings, and the market depth has plummeted by 78%. DigiToads (TOADS) presale success has exceeded expectations...
US court approves SEC-Binance.US agreement
17.6.2023
As per the approved agreement, only Binance.US employees will have access to client funds until the litigation is resolved
BlackRock vs Grayscale: Experts Highlight Key Distinctions Between Bitcoin Trusts
17.6.2023
BlackRock has recently filed an application for a spot Bitcoin ETF with the Securities and Exchange Commission.
While some might think that the investment giant is applying for an ETF or a trust with properties similar to the Grayscale Bitcoin Trust (GBTC), there are certain distinctions between...
Binance, CZ Agree to Repatriate US Customer Assets, SEC Secures Court Order
17.6.2023
Binance and the U.S. Securities and Exchange Commission (SEC) struck a deal to avoid the freezing of the crypto exchange’s assets in the United States. Under an emergency relief secured by the regulator, Binance agreed to repatriate to the U.S. funds held on behalf of customers of its American...
Biggest Movers: SOL, MATIC Move Away From Key Support Levels on Saturday
17.6.2023
Solana climbed for a third consecutive session, as crypto markets rebounded to start the weekend. At the time of writing, the global market cap rose by 3.3%, as bullish sentiment returned. Polygon was another notable gainer, surging by over 5% on Saturday. Solana (SOL) Solana (SOL) raced to...
Bitcoin, Ethereum Technical Analysis: BTC Nears $27,000, as Bulls Make a Comeback
17.6.2023
Bitcoin bounced back strongly to start the weekend, as prices moved closer to the $27,000 mark in today’s session. After a recent spell of consolidation, bulls returned to action, buying the recent dip in the process. Ethereum was also higher, closing in on $1,800 on Saturday. Bitcoin...
Kenyan President Ruto Doubles Down on De-Dollarization Call — ‘We Just Want to Trade Much More Freely’
17.6.2023
Kenyan President William Ruto has repeated his call on African countries to consider ditching the U.S. dollar when settling cross-border trades. The Kenyan leader claimed that the African continent already has a mechanism that enables the seamless settling of transactions between traders. Further...
On-Chain Detective ZachXBT Slapped with Defamation Lawsuit
17.6.2023
Prominent on-chain detective ZachXBT has been sued by NFT trader MachiBigBrother, otherwise known as Jeffrey Huang.
Huang alleged ZachXBT defamed him by publishing a report last year that claimed Huang embezzled tens of millions of dollars worth of crypto from unsuspecting NFT users, the crypto...
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17.6.2023
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Binance Pulls Out of Netherlands, Seeks to Deregister Cyprus Unit
17.6.2023
The world’s largest crypto exchange, Binance, said it’s exiting the Dutch market as it has been unable to obtain registration as a crypto service provider. The news comes after Binance’s entity in Cyprus applied to be removed from the country’s register of digital asset service providers. Binance...
Bitcoin Price Prediction as BTC Bounces Up $1,000 From $25,000 Support – Are Whales Buying the Dip?
17.6.2023
Bitcoin's price has experienced a significant recovery, witnessing a notable bounce of $1,000 from a critical support level of $25,000.
This sudden upward movement has sparked speculation about the actions of influential market participants known as "whales," who might be capitalizing on...
SEC and Binance.US strike a temporary agreement on asset access
17.6.2023
Proposed measures include restricting Binance Holdings officials' access to private keys and disclosing business expenses