Binance.US, one of the prominent cryptocurrency exchanges, has made a surprising announcement that has sent ripples through the crypto community. The exchange revealed its plan to suspend USD withdrawals in the near future, adding to the already suspended USD deposits. Binance.US has urged all its customers to withdraw their USD
In recent statements, Gary Gensler, Chairperson of SEC Securities Exchange Commission, has strongly urged that stricter regulations be put into action within the cryptocurrency market to ensure maximum protection of investors from potential risks. Gensler emphasized the importance of regulatory oversight to safeguard investors against potential risks in the cryptocurrency
In the hustle and bustle of global finance, recent events are setting new precedents. Interestingly, cryptocurrencies are once again rising, this time notwithstanding legal complications. They are bouncing back and positively impacting the stock market, leaving investors astounded and economists intrigued. The Key Reason Behind this Recent Surge Essentially, the
Today, the Stella (ALPHA) market kicked off bullish. Soon, the bulls set support levels at $0.1133 and resistance levels at $0.1443. Presently, ALPHA, Stella’s native token, trades at $0.1327. This represents a solid 13.74% increase over the last 24 hours. Bullish momentum carries on as we head further into the
In an effort to strengthen the financial market’s integrity, the Securities and Exchange Commission (SEC) has implemented a novel set of rules for security-based swap transactions. Concurrently, these rules also aim to curtail undue influence over Chief Compliance Officers (CCOs), further fortifying the transparency of these transactions. In addition, these
In an effort to streamline operations, Binance.US announced it would cease support for certain advanced trading pairs and pause its Over-The-Counter (OTC) trading portal. The changes, which affect a broad spectrum of crypto pairs tied to USDT, BTC, and BUSD, will come into effect from 9 a.m. PDT on June
Shiba Inu (SHIB), the popular memecoin, has continued to take center stage in the crypto market. Recently, SHIB has shown significant burns in the last 24 hours. The rise in the burn rate increased curiosity among investors. 6,658,708 $SHIB -> transferred to dead wallet. https://t.co/jeNSrpXBTE — Shibburn (@shibburn) June 6,
The US Securities and Exchange Commission’s (SEC) recent regulatory initiatives have compounded concerns about the long-term sustainability of cryptocurrencies. The SEC’s legal charges against Coinbase and Binance, two prominent cryptocurrency exchanges, are a worrying trend. The SEC’s action against Coinbase, situated in San Francisco, is a landmark event in the
London, United Kingdom, June 6th, 2023, Chainwire CoinMarketCap’s flagship Web3 conference “Catalyst” has opened early-bird registration. The conference will take place at the (Lisbon Congress Centre, Portugal), on February 21st ~ 22nd, 2024. Catalyst will bring together the world’s brightest minds in technology, art, philosophy, and finance to reimagine the
Following the Securities and Exchange Commission’s lawsuits against Coinbase and Binance, two prominent cryptocurrency exchanges, there was a slight marginal decrease in the prices of Bitcoin, Ether, and other major cryptocurrencies. Bitcoin experienced an immediate decline of approximately 2.87%, Ether dipped by 1.72%, and BNB, Binance’s digital currency, reached a
