Recently, a U.S. federal judge approved Binance’s guilty plea and a substantial $4.3 billion settlement for breaching anti-money laundering and sanctions laws through its cryptocurrency exchange. The U.S. Department of Justice (DOJ) had accused Binance of violating the Bank Secrecy Act (BSA), the International Emergency Economic Powers Act (IEEPA), and failing to register as a
Crypto
The lawsuit between Ripple and the United States Securities and Exchange Commission has been a widely discussed topic in the cryptocurrency industry for quite some time now. The case dates back to December 2020 when the SEC accused Ripple of conducting an unregistered securities offering by raising over $1.3 billion through the sale of XRP
Ethereum recently surpassed the $3,000 mark, experiencing a 4% price increase. However, after hitting this milestone, ETH began a correction, potentially leading to a re-test of the key support level at $2,860. To sustain its bullish momentum, buyers must defend the key support and aim to reclaim the $3,000 mark. Failure to do so could
SHEboshi NFTs, closely associated with the popular meme coin Shiba Inu (SHIB), took the digital collectibles market by storm. Within a mere three hours post-launch, all 20,000 SHEboshi NFTs were swiftly claimed, marking a significant milestone in the NFT field. The distribution of the SHEboshi NFTs was structured into three distinct stages. These stages included
Binance, known as the world’s leading cryptocurrency exchange, has recently made significant additions to its margin trading options. These additions include new pairs and borrowable assets. However, the impact of these changes on the prices of the affected tokens seems to be minimal. Binance has introduced several new cross-margin pairs, such as ADA/USDC, AVAX/USDC, MATIC/USDC,
Michael Saylor, the co-founder and executive chairman of MicroStrategy, recently declared that he and his company would continue to purchase Bitcoin indefinitely. In a recent Bloomberg interview, Saylor emphasized his unwavering commitment to holding onto his and his firm’s BTC holdings, even as they have seen an unrealized profit of approximately $4 billion. According to
In a recent announcement on Feb. 20, CEO Brian Armstrong shared some exciting news regarding Coinbase International Exchange. The platform has reached an impressive milestone by achieving $1 billion in daily trading volume for the first time. This significant growth comes as a testament to the increasing popularity of crypto perpetual futures trading among professional
Bitcoin has been on a rollercoaster ride, reaching a peak of $52,000 before encountering a barrier. Despite this, overall sentiment remains positive. Long-term holders have been selling off their Bitcoin stash, collectively offloading around 200,000 BTC since the beginning of the year. This selling trend has been consistent for nearly three months, with balances steadily
The VanEck Bitcoin exchange-traded fund (ETF) made headlines recently as it experienced an unexpected surge in daily trading volume, reaching over $258 million in a single day. This marked a 14-fold increase from its previous high of $25.5 million. Despite this achievement, VanEck’s ETF has struggled to keep up with competitors such as BlackRock, Fidelity,
Renowned crypto analyst Michaël van de Poppe has made a bullish prediction for Ethereum, suggesting that it could soar to $4,500. Van de Poppe believes Ethereum is soaking up Bitcoin’s upward momentum as investment capital shifts to ETH. According to the analyst, this is a “massive period to be rotating from Bitcoin towards Ethereum.” Van