Officials with the U.S. Justice Department, Treasury, and CFTC alleged Binance “lacked basic safeguards” to protect against sanctions and Changpeng Zhao committed criminal acts.

Binance founder Changpeng Zhao will reportedly step down as the crypto exchange’s CEO and admit to violating US anti-money laundering laws. Zhao will plead guilty to criminal charges while Binance, the largest crypto exchange in the world, will agree to pay $4.3 billion in fines to US regulators, the Wall Street Journal reports. Citing people […]

Binance, the world’s largest cryptocurrency exchange, is undergoing a significant shift in leadership. CEO Changpeng “CZ” Zhao has expressed his willingness to step down from his role as the company seeks to become a regulated financial institution. This decision comes amid intense regulatory scrutiny from authorities around the world. Richard Teng, a civil servant-turned-crypto executive, […]

The world's largest cryptocurrency exchange has agreed to pay more than $4 billion as part of an agreement with the U.S. government.

In a new technical analysis, crypto analyst Dark Defender has identified a bullish ‘Cup and Handle’ pattern on the XRP daily chart, signaling the potential for substantial gains. The pattern, which is characterized by a ‘cup’ resembling a rounding bottom and a ‘handle’ indicating a slight downward drift, suggests a continuation of an upward trend. […]

A widely followed crypto trader is warning that Bitcoin (BTC) could witness a dramatic correction around the next halving event in 2024. Crypto analyst Rekt Capital tells his 370,300 followers on the social media platform X that Bitcoin could repeat a 2016 price pattern and decline by 40% after a pre-halving rally. The next halving […]

Veteran crypto investor Arthur Cheong says that one altcoin project operating on the Ethereum (ETH) network is set for big moves to the upside. Cheong, the founder of DeFiance Capital, tells his 153,300 followers on the social media platform X that the decentralized finance (DeFi) protocol Synthetix (SNX) could surge by more than 75% from […]

Brian Armstrong reflected on the announcement of criminal charges against Binance, stating that Coinbase’s decision to get licenses was correct.

TL;DR SEC’s Action Against Kraken: The SEC sued Kraken for operating without proper registration, highlighting compliance issues in the crypto industry. XRP Excluded from Kraken Lawsuit: XRP, Ripple’s token, was not listed in the SEC’s lawsuit against Kraken, though its price saw a minor decline. Ripple’s SEC Lawsuit Progresses: Ripple is engaged in an ongoing […]

There isn’t much supply left for buyers, which could cause supply shock in future

Wintermute Asia Pte. Ltd, the digital asset derivatives trading arm of the Wintermute Group, an algorithmic trading firm in the digital assets space, has executed its first options block trade through CME Group. The BTC/USD block trade, facilitated between Wintermute Asia and TP ICAP, was successfully cleared by ABN AMRO Clearing Bank N.V. Wintermute Asia […]

Bitcoin miners provide a valuable service to the ecosystem. In exchange for the work they do securing the network, they are rewarded by the same network they protect. This sound and elegant design by Satoshi is surely one of the most remarkable aspects of Bitcoin. What is increasingly being forgotten, however, is that there is […]

On-chain data shows that one entity sold off over $23.4 million worth of Bitcoin (BTC) today before reports that the US government was launching new enforcement actions against players in the industry. Spotted by on-chain analytics firm Lookonchain, an unknown Bitcoin address offloaded their entire stack of 636 BTC worth $23.46 million. On the same […]

Binance, the world's largest cryptocurrency exchange, agreed to pay more than $4 billion as part of an agreement with the U.S. government.

The Shiba Inu community has again ramped up its SHIB burning efforts, causing a massive burn rate spike. Despite SHIB’s tumbling price in the past seven days, Shiba Inu’s burn rate has recorded a nearly 48,000% increase. The SHIB community is determined to cut down the Shiba Inu circulating supply, a feat that many believe […]

Bitcoin transaction fees have soared above Ethereum’s amid a renewed appetite for Ordinals-inscribed assets.

ARK’s modified ETF application shifts from direct to indirect Bitcoin exposure, potentially altering investor expectations and perceptions in crypto finance. SEC advises cash creates for Bitcoin ETFs, impacting issuer plans and investor benefits; Bloomberg’s Balchunas sees 90% approval odds. ARKs Modified Application After much forth and back in the drama that is the eagerly awaited […]

Tether, the world’s largest issuer of stablecoins, made a deposit exceeding $1 billion with a subsidiary of Britannia Financial Group, which is now the center of a legal battle in London’s High Court. Central to the dispute lies a disagreement between Britannia Financial and Arbitral International regarding the sale of a Bahamas brokerage in June […]

Can Binance Coin (BNB) and Cardano (ADA) remain bulliish?

During the peak of the last crypto bull run, as BTC was, in 2021, approaching its $69,000 all-time high, there was, along with plenty of liquidity, and animal spirits running rampant, a prominent driver for the bullish narrative: the belief that the institutions were coming to crypto. This referred to institutional demand for and adoption […]

Macro investor and fund manager Dan Tapiero says that a massive adoption wave of crypto technology is now underway. In a new interview with former Goldman Sachs executive Raoul Pal, Tapiero says that traditional retailers and finance giants are all moving into the digital asset space as a means to improve their business models. He […]

But now they're facing two new crime-fighting tools: AI and cryptocurrency regulation. Greg Moreman, director of compliance services at Level Legal, …

Global banks have begun actively integrating crypto assets into their financial operations, and XRP has been one of their top preferences. This news signifies a shift in the skepticism surrounding cryptocurrencies, revealing how some of the world’s leading banks seek to leverage XRP’s fundamental strengths as a cross-border payments system.  BCBS Highlights XRP Dominance In […]

BNB hit its highest price since June after Bloomberg reported the Justice Department wanted $4 billion from Binance to end its probe into the exchange.

The CEO of Lightning Network wallet Strike says one catalyst could trigger a surge for the king crypto that could swiftly see it hit a six-figure price tag. In a new interview with Fox Business, Jack Mallers says that he envisions Bitcoin (BTC) eventually being worth hundreds of thousands of dollars per coin as the […]

Shibarium, the decentralized blockchain network powered by Shiba Inu (SHIB) tokens, has announced the release of a new feature that allows users to donate to non-profit validators who help secure and maintain the network. The feature is part of Shibarium’s vision to create a supportive and inclusive ecosystem for its community. New updates in https://t.co/PUW85DYjTq […]

According to data from the blockchain analysis firm Glassnode, the metric of net change in Bitcoin’s position on exchanges has experienced a significant increase, reaching its highest point since May. Specifically, 31,382.43 Bitcoins were recorded in these wallets last Sunday, equivalent to approximately $1.16 billion, raising the total balance to 2.35 million BTC. This increase […]

[PRESS RELEASE – Saint Vincent and, the Grenadines, November 21st, 2023] ApeX Protocol, one of the leading permissionless and non-custodial derivatives decentralized exchanges (DEX), is proud to announce its first-year anniversary, marking a year of remarkable achievements, strategic partnerships, and exciting roadmap unveilings. ApeX will be celebrating this milestone with a 2-week-long celebration, with 25,000 […]

Cryptocurrency funds have marked notable week of inflows, with Ethereum, Solana and other altcoins seeing substantial investment alongside Bitcoin

Argentina has recently witnessed a seismic political shift with the election of Javier Milei as its new president. Beyond the political dynamics, this change is accompanied by a notable surge in Bitcoin’s value, signaling a broader societal interest in challenging traditional economic paradigms. Javier Milei’s Presidential Victory: A Catalyst for Bitcoin’s Ascent Javier Milei, a […]

The United States Department of Justices has put a price on what is required for the world’s largest crypto exchange to settle its case, and it is no small sum. Nevertheless, the news has been seen as positive by traders and investors who are loading up on BNB. On November 20, Bloomberg reported that the […]

… cryptocurrency case, Bloomberg reported Monday (Nov. 20), citing unnamed sources. The negotiations between the Justice Department and Binance also …