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Binance takes to burning more than $1.17 billion worth of BNB tokens
25.4.2024
Binance, a prime cryptocurrency exchange, has taken $1.17 billion worth of coins from circulation, amounting to 1.3% of the contained asset. For Binance, this is part of getting over its 27th quarterly BNB token burn exercise. This was not the burning of tokens related to the Pioneer Bum program. ...
Crossover Markets’ Digital Asset Exchange Surpasses $3.15 Billion in Trading Volume in Q1 2024
25.4.2024
Digital asset technology firm Crossover Markets has released impressive performance data for Q1 2024 from its flagship digital assets platform, CROSSx.
The post Crossover Markets’ Digital Asset Exchange Surpasses $3.15 Billion in Trading Volume in Q1 2024 appeared first on Cryptonews
SEC Seeks $5.3 Billion in Final Judgment Against Do Kwon and Terraform Labs
25.4.2024
The U.S. Securities and Exchange Commission (SEC) has asked the court to order Terraform Labs and Do Kwon to pay around $5.3 billion as part of the final judgment against the two defendants. This sum includes $4,192,147,847 in disgorgement and $545,748,909 in prejudgment interest. SEC Seeks Final...
XRP Price Prediction as Daily Trading Volume Surges Past $1 Billion – Is Ripple Making a Comeback?
24.4.2024
The XRP (XRP) Price has been falling back over the past two sessions, despite daily trading volumes surging above $1 billion for a third successive session.
The post XRP Price Prediction as Daily Trading Volume Surges Past $1 Billion – Is Ripple Making a Comeback? appeared first on Cryptonews
Coca-Cola Invests $1.1 Billion in Collaborative Generative AI Project with Microsoft
24.4.2024
On April 23, Coca-Cola and Microsoft signed a $1.1 billion five-year collaboration agreement to analyse and incorporate the tech company's cloud and artificial intelligence (AI) applications throughout the Coca-Cola giant's international operations.
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Indonesian President Cautions Against Crypto in Money Laundering Risks
24.4.2024
Indonesian President Joko Widodo highlights the significant risks of money laundering through crypto asset and NFT transactions, citing $8.6 billion in suspicious activities in 2021.
The post Indonesian President Cautions Against Crypto in Money Laundering Risks appeared first on Cryptonews
Anticipated Return of $9B Mt. Gox-era Bitcoin May Spur Market Anxiety, Warns K33 Analyst
24.4.2024
The potential return of over $9 billion worth of Mt. Gox-era Bitcoin in the coming weeks could unsettle the market and exert negative price pressure on Bitcoin, according to analysts at K33 Research.
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Mt. Gox’s $9B overhang could ‘spook the market,’ pressure Bitcoin: K33
24.4.2024
“Mt. Gox coins could become a relevant negative price contributor in the next weeks,” say K33 Research analysts
Ripple Asks Court to Reject SEC’s $2 Billion Penalty Request in XRP Case
24.4.2024
Ripple Labs has filed its opposition to the request by the U.S. Securities and Exchange Commission (SEC) for the company to pay $2 billion in fines in the XRP case. “The SEC’s draconian remedial requests are ungrounded in law or principle. This court should reject them in their...
Do Kwon And Terraform Labs Hit With $5.3 Billion Penalty From SEC in Terra-Luna Case
23.4.2024
Terraform Labs and its founder Do Kwon have been hit with a $5.3 billion from the SEC, April 19th court documents reveal. News of the latest legal filing from the SEC comes just weeks after they won a landmark civil trial against Kwon for the $40 billion crash of Terra-Luna.
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Ripple Files Opposition to SEC’s $2 Billion Penalty Request
23.4.2024
Ripple opposes the SEC's demand for $2 billion in penalties, proposing a much lower sum of $10 million instead, calling the request an “ongoing intimidation against all of crypto.”
The post Ripple Files Opposition to SEC’s $2 Billion Penalty Request appeared first on Cryptonews
XRP Price Prediction as $1 Billion Trading Volume Comes In – Is XRP Making a Comeback?
22.4.2024
The XRP (XRP) price is trying to make a comeback as more than $1 billion in 24-hour trading volumes comes flooding in, with near-term price predictions potentially set to become much more bullish if the crypto can push to the north of its 21DMA and a key long-term uptrend.
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Mt. Gox Trustee Reveals Updated Bitcoin and Fiat Repayment Schedule for Creditors
22.4.2024
The last round of Mt. Gox's much awaited creditor compensation process is now approaching. By October 2024, the bankrupt exchange is expected to payout 142,000 Bitcoin (BTC), 143,000 Bitcoin Cash (BCH), and 69 billion Japanese yen ($510 million), according to a post published on Reddit on April...
Stablecoin Market Hits $160 Billion, Reaching Heights Not Seen Since Terra’s Crash
22.4.2024
This week, the value of the fiat-pegged cryptocurrency economy has climbed to $160 billion, a peak last observed in May 2022, shortly before Terra’s UST detached from its intended $1 parity on May 9, 2022. In the past month, various stablecoins have experienced an increase in supply, with...
Turbulent times ahead as Ripple files response to penalty of $2 billion
22.4.2024
The continuing legal encounter between Ripple Labs and the American SEC is climaxing this week. Ripple is planning to file an opposition brief, and its sealed response will be submitted by 22/April/2024. Ripple Lab’s submission of a sealed response will be followed by a version that will...
Bonk Price Prediction as BONK Becomes Best-Performing Coin in the Market – Can BONK Overtake Dogecoin?
22.4.2024
Bonk shows vibrant market activity, rising 5.89% to a $1.34 billion market cap, sparking debates if it can surpass Dogecoin in the meme coin race
The post Bonk Price Prediction as BONK Becomes Best-Performing Coin in the Market – Can BONK Overtake Dogecoin? appeared first on Cryptonews
Russia Warns US of Further Aggravation After Funding Bill Passes Amid Heightened Geopolitical Strife
22.4.2024
Amid ongoing global tensions, the price of gold remains robust at $2,391 per troy ounce, while bitcoin continues to trade at a 12% deficit from its peak value. Recently, the U.S. House of Representatives approved a series of funding bills for Ukraine, Israel, and Taiwan. Following the bill’s...
Solana Price Prediction as $6.5 Billion Trading Volume Sends SOL Above $140 – Are Whales Buying?
20.4.2024
As Solana crosses the $150 mark, analysts speculate on the potential for further gains, with resistance levels looming at $164.56 and $185.94.
The post Solana Price Prediction as $6.5 Billion Trading Volume Sends SOL Above $140 – Are Whales Buying? appeared first on Cryptonews
Binance Co-Founder Says Former CEO CZ Is in a ‘Positive Situation’ Ahead of Sentencing
19.4.2024
At a Dubai event, Binance co-founder He Yi discussed former CEO Binance CZ's legal situation, describing it as "largely peaceful" despite his upcoming sentencing in the US. CZ's plea deal led to his resignation and a $4.3 billion forfeiture by Binance. Yi also addressed Binance's regulatory stance...
Over 27,700 BTC ($1.72 Billion) Moves into Accumulation Addresses Amidst Bitcoin’s Dip Below $63,000
18.4.2024
As Bitcoin experienced a dip below $63,000, a recent report reveals a surge in BTC accumulation, with over 27,700 BTC ($1.72B) moving into accumulation addresses. Technical analyst Ali Martinez highlighted this trend, suggesting a strategic pivot towards long-term holding amidst market volatility...