Cryptocurrency exchange Binance had been through one of the worst turbulent outflows in the past week due to the SEC lawsuit. Reportedly, the exchange remarkably recorded a positive netflow of $521 million, as per data from the Web3 analytics tool 0xScope. In the last 24 hours, Binance witnessed an inflow
The Bitcoin button game, initially launched by Binance last year, has returned due to its immense popularity. Binance, a leading cryptocurrency exchange globally, continues to offer engaging initiatives that allow users to stay active and earn free rewards. The return of #BitcoinButton! One #Bitcoin, One Button, One Winner. How to
The United States’ crypto war has also had an effect on the stablecoin ecosystem, with a notable split developing between the two largest issuers. According to the company’s transparency report, the total supply of Tether has hit an all-time high of 83.36 billion USDT. Will Clemente, an industry expert, said:
Investors are fleeing Binance and its sibling business Binance US because of their legal problems with U.S. authorities. Kaiko, a cryptocurrency analytics business, reports that since the SEC complaint was filed last week, market depth on the US sibling exchange has dropped by roughly 80%. Binance and its US-based sibling
Algorand (ALGO), Decentraland (MANA), Polygon (MATIC), and Dash (DASH) purchases on the retail trading platform eToro have been temporarily disabled for customers located in the United States as a result of a recent lawsuit from the Securities and Exchange Commission (SEC) designating these tokens as securities. A few days before,
After an intense episode of altcoins’ crash, cryptocurrency prices display their recovery rallies. Most importantly, Bitcoin’s (BTC) price marked its retracement into the $26,000 zone. Last week, Bitcoin recorded its lowest weekly closing over the past 3 months. According to the data from TradingView, the BTC price closed at $25,350.
A former enforcement officer has reportedly been recruited by Binance US as part of its legal team to help defend itself against claims of operating as an unregistered securities exchange amid a lawsuit filed by the United States Securities and Exchange Commission (SEC). George Canellos, previously of the SEC and
The Shiba Inu (SHIB) market has been very active over the last 48 hours, with trillions of SHIB tokens moved by whales, the biggest investors. These key players have sold off a whopping 3 trillion Shiba Inu tokens since last Friday. The SHIB whales started this era with a total
The SUI token has staged a notable recovery in the crypto market, experiencing a dramatic surge in price after a challenging week. Within the last 24 hours, the price soared to $0.709930, marking a significant 19.15% increase. During the 24-hour period, the token exhibited price fluctuations between a low of
Former Twitter CEO Jack Dorsey claimed that the micro-blogging platform encountered “many requests” from the Indian government to block accounts covering “farmer protests” and those who criticized the government. In a startling revelation, Jack Dorsey stated that the Indian government exerted pressure on the social media platform to block accounts
