Markets

CoinspeakerBinance.US Faces Suspension of Operations from Regulators in Alaska and Florida In the face of the US government's actions targeting the global Binance exchange, its domestic counterpart, Binance.US, continued its operations within the country. Binance.US Faces Suspension of Operations from Regulators in Alaska and Florida

Bitcoin’s (BTC) price has risen over 4% in the past 24 hours, buoying the overall cryptocurrency market. This price increase has led some investors to speculate that Bitcoin Minetrix (BTCMTX), the presale Stake-to-Mine project, could ride Bitcoin’s coattails as it gears up for exchange listings soon. Bitcoin Breaks Crucial $40k Barrier Amid Growing Bullishness Bitcoin is moving again, with the world’s top cryptocurrency pushing past the crucial $40,000 resistance level. At...

Large drawdowns are part of the game in the crypto world, and every bull market typically sees several harsh retracements of 20% or more. Overleveraged traders get wiped out, and everybody flips bearish. Then, suddenly, there’s a recovery. After a months-long run-up to the ETF approval, a drawdown, in retrospect, was inevitable. However, after a great deal of carnage and precipitously falling red candles, Dogecoin (DOGE), Solana (SOL), and Bitcoin (BTC) targets are now in...

Bitcoin cash price started a fresh decline from the $260 zone against the US Dollar. The price is now trading below the $250 zone and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $238 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $240 resistance zone. Bitcoin cash price is struggling below the $250 zone against the US Dollar,...

Changpeng Zhao, the founder of the crypto exchange Binance, encountered a setback last month when a federal judge denied his request to travel to the United Arab Emirates. CZ proposed using his substantial $4.5 billion stake in Binance as collateral, based on the company’s valuation from its last fundraising round two years ago. However, the Judge still rejected the request. Zhao Requests Travel Permission In November, Zhao pleaded guilty in a Seattle federal court for...

Bitcoin’s value dipped below $39,000 this week, erasing almost all gains made in the last two months, which were fueled by expectations of approval for a spot BTC ETF in the United States. But the introduction of the much-anticipated funds ended up being a classic “sell-the-news” event. The term is a well-established concept in capital markets, illustrating how asset prices, leverage, and market sentiment work in tandem to drive prices upward, leading up to a positive event,...

Ripple’s price is continuing its downward momentum on both the USDT and BTC pairs. According to technical analysis, the price is yet to reach a potential turning point on either chart. Technical Analysis By TradingRage Ripple Price Analysis: The USDT Paired Chart Against USDT, the price has been trapped inside a descending channel over the last few months. Since the breakdown of the 200-day moving average (currently located around the $0.60 mark), the market has been dropping...

After facing rejection from the formidable resistance zone at $2.6K, Ethereum underwent a substantial downturn, breaking through multiple critical support levels. However, it has now landed at a substantial and decisive range, suggesting the possibility of a bullish reversal. By Shayan Ethereum Price Analysis: The Daily Chart A detailed analysis of Ethereum’s daily chart reveals a notable rejection after attempting to surpass the $2.6K resistance, resulting in a 20% decline....

[PRESS RELEASE – Roadtown, British Virgin Islands, January 25th, 2024] Followed by LIF3’s Token Migration to Ethereum Network for Enhanced Market Accessibility Today, $LIF3 (pronounced Life), a ground-breaking and complete omni-chain DeFi Layer-1 Curated Blockchain ecosystem, announces its recent listing on Bitfinex (https://trading.bitfinex.com/t/LIF3:USD), a premier digital asset trading platform, after recently migrating to the Ethereum Network from Fantom. This...

Singapore and Zurich, 25 January, 2024 – Global digital asset banking group Sygnum today announced that it has raised more than USD 40 million against an initial ~USD 35 million target in an interim close of its latest funding round, which is named the Strategic Growth Round. As of the completion of this interim close the company’s post-money valuation stands at USD 900 million. The Strategic Growth Round will provide the group with additional financing to expand into new markets and further...