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Bitcoin Price Prediction: BTC Holds Steady Below $31,000 Amidst Binance.US Trading Discount and USD Withdrawal Concerns
27.6.2023
Bitcoin, the leading cryptocurrency, is currently experiencing a trading discount of approximately $1,000 on the Binance.US exchange, as reported by research firm Kaiko.
This price discrepancy has persisted since June 22, as evidenced by a chart shared by Kaiko.
Interestingly, this discount...
U.S. Judge Rejects Binance.US Complaint Over SEC Press Release
26.6.2023
A federal judge has rebuffed Binance’s request to curtail the U.S. Securities and Exchange Commission's (SEC) use of language pertaining to Binance.US’ management of customer funds in press releases, arguing the statements could hurt the company at trial
Bitcoin’s ‘Great Accumulation,’ Binance.US resumes fiat withdrawals, and other news: Hodler’s Digest, June 18-24
24.6.2023
Bitcoin’s “Great Accumulation” period has begun, Binance.US withdrawals resume, and the U.K. prepares for its upcoming crypto regulation
Binance US Restores USD Withdrawals, Suggests Users Withdraw or Spend Their Dollars
23.6.2023
The U.S. subsidiary of the world’s largest crypto exchange, Binance, announced it has resolved the issues with U.S. dollar (USD) withdrawals. The trading platform, which recently averted an asset freeze sought by the United States Securities and Exchange Commission (SEC), informed customers...
Binance.US solves USD withdrawal issues but warns it won't last long
23.6.2023
“While USD withdrawal remains fully operational on the platform today, we expect our banking partners to discontinue that service in the near future,” said Binance.US
Binance US Market Share Shrinks Amid Legal Battle With SEC
22.6.2023
The market share of the U.S. subsidiary of Binance has declined amid an ongoing crackdown by America’s securities regulator. According to new data, leading U.S. crypto exchange Coinbase, also sued by the Securities and Exchange Commission (SEC), is taking a hit, too. Binance US Market Share Drops...
Binance, Binance.US, and CZ allege SEC made 'misleading' statements on exchange assets
21.6.2023
The legal motion referred to the SEC publicly claiming CZ and Binance could “commingle customer assets or divert customer assets”, despite a court transcript suggesting otherwise
Bitcoin Price Spikes to $138K on Binance.US
21.6.2023
The exchange’s market depth has declined nearly 80% over the past month on regulatory woes
Binance.US Sees Sharp Market Share Decline Following SEC Lawsuit
19.6.2023
Binance’s US-based exchange, Binance.US, has seen a sharp decline in its share of the trading volume among exchanges that support USD-to-crypto trading.
The dwindling market share held by Binance.US was clearly visible on data analyzed by The Block, which showed that the exchange now holds...
CZ, Binance US Pleased With SEC Deal Despite ‘Unwarranted’ Emergency Relief
19.6.2023
Binance founder Changpeng Zhao (CZ) expressed his satisfaction over the agreement with the U.S. securities regulator preventing the freezing of the exchange’s assets in the United States. The crypto company’s American subsidiary also stated it’s pleased that the SEC’s request for a temporary...
Warnings of Regulatory ‘Siege,’ Binance US Asset Freeze Averted, Schiff Says Fed Destroyed US Banking System, and More — Week in Review
18.6.2023
Red tape and confusion has been the theme in crypto news as of late, with cryptocurrency firms scrambling to stay compliant with regulators like the U.S. Securities and Exchange Commission (SEC), with little to no definite regulatory clarity made available to them thus far. In the wake of lawsuits...
Binance.US Avoids Total Asset Freeze Through Agreement with SEC
18.6.2023
Binance.US and the US Securities and Exchange Commission have agreed on a compromise that avoids the freezing of the exchange's assets.
On Saturday, US Judge Amy Berman Jackson approved an agreement between the two, dismissing a previous temporary restraining order (TRO) that would freeze...
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
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...
Binance, SEC Strike Deal to Move All U.S. Customer Funds, Wallet Keys Back Onshore
17.6.2023
Binance, Binance.US and the Securities and Exchange Commission (SEC) announced a deal to ensure that only Binance.US employees could access customer funds late Friday
Binance.US Cuts Staff After SEC Suit, Citing ‘Very Costly Litigation Process’
15.6.2023
Binance cuts staff
Voyager app set to reopen for customer withdrawals as soon as June 20
15.6.2023
Customers will soon be able to load up the Voyager app and see how much will be available for withdrawal
Judge Postpones Asset Freeze as Binance US and SEC Agree to Work on Deal
14.6.2023
A judge in Washington decided to give Binance US and the Securities and Exchange Commission (SEC) time to work out a deal to avoid the freezing of the exchange’s assets. The two sides are close to an agreement that will protect customer funds without paralyzing the crypto trading platform. Crypto...
Binance.US and SEC Working on a Deal to Avoid Total Asset Freeze – Here's What You Need to Know
14.6.2023
Binance.US and the US Securities and Exchange Commission are trying to reach a solution in order to avoid a total asset freeze.
According to a report from Bloomberg, US District Judge Amy Berman Jackson announced Tuesday that the two sides “aren’t that far apart” on ways to protect billions...