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 »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 »Short-Term Ripple (XRP) Price Prediction: Analyst Chips in
TL;DR Dark Defender’s XRP Prediction: Analyst Dark Defender predicts XRP’s short-term target could be between $1.05 and $1.88, based on a “cup & handle pattern” in the daily timeframe, but warns of the need for the token to maintain a primary support level. XRP’s Current Market Position: XRP is currently trading at around $0.61, experiencing an 11% decrease over the past two weeks. EGRAG CRYPTO’s ‘Mega Pump’ Forecast: Another analyst, EGRAG CRYPTO, suggests XRP could see...
Read More »DOJ Announces $4.3 Billion Settlement With Binance As CZ Resigns From Company
The U.S. Department of Justice has settled charges against crypto exchange giant Binance for $4.3 billion, bringing investigations spanning back to 2018 to a close. The DOJ confirmed the settlement in a live video announcement on Tuesday, marking one of the largest enforcement actions ever closed in a crypto-related case. The company pled guilty to willfully floundering the Bank Secrecy Act, among other things. It now must report suspicious financial activity to federal...
Read More »Shibarium Blasts Through Another Important Milestone: What’s Next for Shiba Inu (SHIB)?
TL;DR Shibarium Achievements: Shibarium, Shiba Inu’s layer-2 blockchain, exceeded 4 million transactions and 1.5 million blocks, with nearly 1.3 million wallet addresses. Shiba Inu Price Drop: Despite these milestones, Shiba Inu’s token price fell by 4%, mirroring the overall cryptocurrency market downtrend. New Donation Feature: Shibarium introduced a donation feature to support non-profit validators, enhancing network security and ecosystem inclusivity. Shibarium’s Latest...
Read More »CZ to Step Down, Binance to Pay $4.3b in a Settlement with DOJ: Reports
Binance founder Changpeng Zhao (CZ) will plead guilty to floundering anti-money laundering (AML) provisions as part of a settlement deal with the U.S. Department of Justice (DOJ), according to a Tuesday report from the Wall Street Journal (WSJ). He has also agreed to step down as CEO of his exchange and pay a $50 million personal fine, while Binance has agreed to pay a $4.3 billion fine for its legal violations. Binance’s Massive Penalty As detailed by the WSJ, Binance’s...
Read More »Binance: Eine Kryptowährungsbörse mit besonderen Eigenschaften
In der Welt der Kryptowährungen gibt es eine Vielzahl von Börsen, auf denen man digitale Währungen kaufen, verkaufen und handeln kann. Eine dieser Börsen, die sich in den letzten Jahren einen Namen gemacht hat, ist Binance. Doch was macht Binance so besonders und wie unterscheidet es sich von anderen Kryptowährungsbörsen? Binance Launchpad Ein herausragendes Merkmal von Binance ist das sogenannte „Launchpad“. Hierbei handelt es sich um eine Plattform, auf der neue Kryptowährungen und...
Read More »Binance CEO Tops List of 2023 Most Popular Social Media Personalities in Crypto
The ranking provides a measure of the credibility and perceived influence of these personalities in the eyes of the crypto community. CoinLedger’s recent compilation of the ten most popular crypto entrepreneurs of 2023 showcases a mix of highly influential and controversial figures, with Binance CEO Changpeng ‘CZ’ Zhao securing the top spot. Binance CEO Changpeng ‘CZ’ Zhao: Leading the Charge The list, based on social media followings, provides a glimpse into the diverse personalities...
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