Markets

A U.S. federal judge has approved Binance’s guilty plea and a hefty $4.3 billion settlement deal for violating anti-money laundering (AML) and sanctions laws through its cryptocurrency exchange. According to a Reuters report, the plea and the settlement were accepted on Friday, February 23. The Settlement Deal The U.S. Department of Justice (DOJ) had announced the plea deal and settlement in November, alleging that Binance had violated the Bank Secrecy Act (BSA), the...

Bitcoin’s price went on the offensive once again after yesterday’s retracements and came inches away from tapping $52,000. Most altcoins are also slightly in the green, with ETH surging past $3,000 and SOL maintaining above $100. BTC to Challenge $52K? After a few consecutive weeks of price increases, the primary cryptocurrency had a quieter seven-day period this time. The only notable price surge came on Tuesday when the bulls drove the asset to a new multi-year peak of...

Zcash (ZEC) exploded roughly 30% weekly after Grayscale filed a request for a privacy-centered ETF that tracks companies from that sector, including privacy coins, AI, data security, and more. Grayscale approached the SEC this week with a proposal for a unique exchange-traded fund (ETF) focused on privacy and cybersecurity, the Grayscale Privacy ETF (PRVC), as revealed in the Form N-1A filing.  Privacy-Related ETF? The filing specifies that companies must derive more than 50%...

According to Tronscan data, Tron’s fee revenue soared to a record-breaking $1.758 million on February 20th. Tron’s revenue stems from fees levied on transactions, which are subsequently burned. This revenue is determined by multiplying the daily quantity of TRX burned by the closing price of TRX on CoinMarketCap. On the same day, the Tron network burned a total of 12,622,236 TRX. This milestone essentially underscored Tron’s growing adoption and activity within its network,...

European Central Bank advisors have described the U.S. Securities and Exchange Commission’s approval of spot Bitcoin exchange-traded funds in January as “the naked emperor’s new clothes” in their latest blog post. The advisors, Ulrich Bindseil, ECB Director General for Market Infrastructure and Payments, and Advisor Jürgen Schaaf, criticized Bitcoin, outlining its unsuitability as a means of investment or payment. ECB Advisors Challenge Bitcoin’s Validity While the Bitcoin...

Bitcoin’s price has entered a sideways consolidation phase following a notable surge toward the $52K resistance level, leaving market participants uncertain about its next direction. However, a short-term correction seems likely. Technical Analysis By Shayan The Daily Chart Analysis of the daily chart reveals a prolonged bull market for Bitcoin, characterized by its upward movement within a clearly defined ascending channel. This pattern indicates strong buyer dominance,...

Block, led by CEO Jack Dorsey, announced $66 million in gross profit from selling Bitcoin through its Cash App in the fourth quarter of last year. This marks a 90% increase from the previous year, according to the company’s earnings report released on Feb. 22. Block’s Bitcoin Revenue Soars to $2.5 Billion The report revealed that Block’s total Bitcoin revenue for the fourth quarter amounted to $2.5 billion, reflecting a 37% increase year-over-year. Similarly, full-year...

This week saw quite a bit of action, which ultimately failed to result in any substantial gains or losses in the total cryptocurrency market capitalization. The figure stands at $2.057 trillion, according to CoinGecko – up ever so slightly compared to this day last week. Bitcoin’s price charted a decline of 2.8% in the past seven days, as the bulls were unable to remain above the important technical level at $52K. And it wasn’t for the lack of trying. In fact, BTC was trading...

TL;DR UNI surged 50% following a proposal for a fee reward mechanism for token holders. This rise contrasts with the broader market’s consolidation. UNI – the native token of Uniswap Protocol – skyrocketed by over 50% in minutes, reaching a nearly two-year high of approximately $11. UNI Price, Source: CoinGeckoThe increase happened shortly after the Uniswap Foundation (UF) proposed the creation of a fee mechanism that rewards UNI holders who have staked and delegated their...

Die Binance App ist unglaublich vielfältig: Bitcoin-Börse, News-Channel, P2P-Markt, Lernplattform, Trading uvm.Der Binance P2P-Markt, eine Peer-to-Peer-Handelsplattform von Binance, der weltweit führenden Kryptowährungsbörse, hat sich in der Krypto-Community aufgrund seiner einzigartigen Eigenschaften und Vorteile einen Namen gemacht. Dieser Markt ermöglicht es Benutzern, Kryptowährungen direkt miteinander zu handeln, ohne die Notwendigkeit eines zentralen Zwischenhändlers. Diese direkte...