Despite the legal victories of Ripple, the court recently issued an order concerning the remedies phase of the lawsuit. As the United States Securities and Exchange Commission (SEC) gears up for a closed-door meeting, crypto community members are abuzz with anticipation for a potential settlement of the longstanding legal battle between the SEC and Ripple. According to the official announcement, the expected participants for the closed-door meeting are top SEC commissioners, counsels,...
Read More »Coinbase Takes Spotlight Following Binance’s Regulatory Woes
Legal experts, including Ripple lawyer John E. Deaton, share Armstrong’s optimism, speculating that Coinbase will be a significant beneficiary of Binance’s regulatory challenges. Recent developments have thrust Coinbase Global Inc (NASDAQ: COIN) into the spotlight, positioning it as the frontrunner following regulatory challenges faced by its main rival, Binance. The collapse of FTX had already reshaped the crypto industry, and now, with Binance capitulating to the United States Department...
Read More »Crypto Traders Unmoved by Binance’s Guilty Plea, Remain Bullish on Bitcoin
A high-profile situation that eventually led to CZ leaving his role as CEO of Binance has not distracted traders from their interest in Bitcoin. Crypto traders appear to be unbothered about the industry-shaping events of the last 24 hours. On Tuesday, November 21, reports circulated that both Binance exchange and its chief Changpeng “CZ” Zhao had agreed to a criminal settlement that would see the exchange pay $4.3 billion in fines. However, such a high-profile situation that eventually...
Read More »Bernstein: Binance to Maintain Global Dominance after Settlement with US Authorities
Bernstein analysts are not the only experts who believe Binance will remain the world’s leading crypto exchange despite the recent settlement with the US authorities. In the aftermath of Binance’s recent settlement with the United States government, industry analysts at Bernstein are confident the company will continue to maintain its position as the leading global cryptocurrency exchange in the industry. According to a research report by Bernstein, despite facing minor outflows of less...
Read More »CZ Released from Custody on $175M Bond after Guilty Plea
Besides the fines Changpeng Zhao will pay, Binance has also agreed to pay $4.3 billion to the United States Department of Justice (DoJ). Binance founder Changpeng Zhao (CZ) has been released from custody after agreeing to a personal recognizance bond of $175 million. Mr Zhao pled guilty to accusations by federal officials that he violated the Bank Secrecy Act. According to the prosecutors, Binance and CZ knowingly allowed US customers on the platform without conducting proper KYC and AML...
Read More »Breaking: Crypto Exchange HTX and Heco Bridge Hacked Again for $100M
The HTX and the HECO Chain have been hacked again with reports suggesting between $85 million and $100 million in losses. The crypto exchange HTX (previously known as Huobi) and the HECO chain have been hacked. On-chain security alerts platform Cyvers Alerts reported the news, stating that a suspicious address received about $85 million in multiple suspicious transactions from the HECO chain bridge, noting that the first transaction was 10,145 ETH. Cyvers Alerts founder and CTO Meir Dolev...
Read More »Darum ist Bitpanda so erfolgreich
Bitpanda, eine digitale Handelsplattform für Kryptowährungen, hat sich in der Finanzwelt als ein bedeutender Akteur etabliert. Bitpanda ist zudem eine der ganz wenigen Bitcoin-Börsen, welche Handel in Schweizer Franken anbietet und zudem diverse EU-Lizenzen hat. Warum ist Bitpanda so erfolgreich? Der Schlüssel zu ihrem Erfolg liegt in einer Kombination aus benutzerfreundlicher Schnittstelle, einem breiten Angebot an handelbaren Assets und einem starken Fokus auf Sicherheit und regulatorische...
Read More »Solana (SOL) Price Analysis: Bulls Take A Break, Key Support Intact
Solana price started a downside correction from the $68.20 zone against the US Dollar. The price is now trading below $60.00 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $57.50 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $51.00 and $49.50 support levels to start another increase. Solana price is trading above $50 against the US Dollar, like...
Read More »Bitcoin Price Analysis: BTC Could Regain Strength Above This Resistance
Bitcoin price is attempting a fresh increase from the $35,600 zone against the US Dollar. The price is now trading below $36,500 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $35,700 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it clears the $36,720 resistance zone. Bitcoin price is rising from $35,600 against the US Dollar. BTC might eye...
Read More »Here’s How High BTC Can Go Pre-Halving: Analyst With Bullish Bitcoin Price Prediction
TL;DR Titan of Crypto, a notable social media trader, reaffirms his earlier prediction that Bitcoin (BTC) will reach a significant price milestone before the next halving, with the pre-halving rally nearing its projected range. Despite Bitcoin currently struggling to maintain a consistent price level, the trader remains optimistic, drawing on historical patterns of post-halving price surges. Bitcoin to Reach $50k Pre-Halving Popular social media trader Titan of Crypto has...
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