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Price analysis 6/19: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC
19.6.2023
The strength in the S&P 500 and weakness in the U.S. Dollar Index could limit the short-term downside in Bitcoin and select altcoins
Fed rate pause triggers traders’ pivot to stocks — Will Bitcoin catch up?
19.6.2023
U.S. stock markets hit year-to-date highs, the Fed pauses rate hikes, Binance.US and the SEC reach an agreement, but data shows Bitcoin bulls remain somewhat skittish
Binance.US Sees Sharp Market Share Decline Following SEC Lawsuit
19.6.2023
Binance’s US-based exchange, Binance.US, has seen a sharp decline in its share of the trading volume among exchanges that support USD-to-crypto trading.
The dwindling market share held by Binance.US was clearly visible on data analyzed by The Block, which showed that the exchange now holds...
Binance Takes Legal Action Against Fraudulent Nigerian Entity – What's Going On?
19.6.2023
Crypto giant Binance has issued a cease and desist notice against Binance Nigeria Limited, a “scam entity.” purporting to be associated with Binance.
On June 9, the Nigerian Securities and Exchange Commission (SEC) ordered Binance to halt its operations of the local entity in the African country. ...
Binance Subsidiary Cancels Registration With UK Regulator
19.6.2023
Binance Markets Limited, a UK subsidiary of Binance, has canceled its registration with a UK regulator.
That came in a June 7 update from the Financial Conduct Authority that said the subsidiary is not allowed to “undertake any regulated activity in the UK.”...
Read More: Binance Subsidiary...
Today in Crypto: IMF Will 'Pursue Relentlessly' CBDC Development, France Supports Global DeFi Rules, Crypto.com Operating Internal Proprietary Trading & Market-Making Teams, Wyre Set to Shut Down
19.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: IMF Will 'Pursue Relentlessly' CBDC Development, France Supports Global DeFi Rules, Crypto.com Operating...
Today in Crypto: IMF Will 'Pursue Relentlessly' CBDC Development, France Supports Global DeFi Rules, Crypto.com Operating Internal Proprietary Trading & Market-Making Teams, Wyre Set to Shut Down
19.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: IMF Will 'Pursue Relentlessly' CBDC Development, France Supports Global DeFi Rules, Crypto.com Operating...
UK Financial Watchdog Cancels Binance Permissions on Firm's Request
19.6.2023
U.K.'s Financial Conduct Authority said Binance's local unit is no longer authorized to provide any regulated services in the country
Binance cancels registration in the UK amid regulatory scrutiny
19.6.2023
Binance’s deregistration with the FCA did not have an operational impact, as it had never done business in the United Kingdom, a regional manager said
CZ, Binance US Pleased With SEC Deal Despite ‘Unwarranted’ Emergency Relief
19.6.2023
Binance founder Changpeng Zhao (CZ) expressed his satisfaction over the agreement with the U.S. securities regulator preventing the freezing of the exchange’s assets in the United States. The crypto company’s American subsidiary also stated it’s pleased that the SEC’s request for a temporary...
Bitcoin bulls look to re-establish control — Will BNB, LTC, OKB and QNT follow?
18.6.2023
Bitcoin price is showing some strength, and charts suggest BNB, LTC, OKB and QNT could follow?
Binance BUSD Drops $1 Billion in Market Cap, Falls to Fourth Among Stablecoins – What's Going On?
18.6.2023
Binance-branded BUSD stablecoin has lost another $1 billion in market cap, descending to the fourth position among stablecoins.
The Binance USD (BUSD) stablecoin currently has a market cap of around $4.3 billion, down from $5.5 billion a month ago, data by CoinMarketCap shows.
This places BUSD...
Warnings of Regulatory ‘Siege,’ Binance US Asset Freeze Averted, Schiff Says Fed Destroyed US Banking System, and More — Week in Review
18.6.2023
Red tape and confusion has been the theme in crypto news as of late, with cryptocurrency firms scrambling to stay compliant with regulators like the U.S. Securities and Exchange Commission (SEC), with little to no definite regulatory clarity made available to them thus far. In the wake of lawsuits...
Binance sends cease and desist notice to Nigerian scammer entity
18.6.2023
This comes after the Securities and Exchange Commission, Nigeria (SEC), released a circular stating the illegality of Binance Nigeria Limited in the country
Binance.US Avoids Total Asset Freeze Through Agreement with SEC
18.6.2023
Binance.US and the US Securities and Exchange Commission have agreed on a compromise that avoids the freezing of the exchange's assets.
On Saturday, US Judge Amy Berman Jackson approved an agreement between the two, dismissing a previous temporary restraining order (TRO) that would freeze...
Binance CEO CZ deems SEC's request for emergency relief unwarranted
18.6.2023
Binance CEO Changpeng 'CZ' Zhao has heaved a sigh of relief noting he is pleased the disagreement with SEC is over
BUSD falls to fourth position among stablecoins
17.6.2023
After a dip of over $1 billion in the past 30 days, BUSD now sits at the fourth position in market capitalization among stablecoins
Binance Exits Dutch Market Following Unsuccessful Bid for VASP License
17.6.2023
Binance crypto exchange has decided to withdraw from the Dutch market following an unsuccessful attempt to obtain a virtual asset service provider (VASP) license from the Dutch regulator.
The platform is no longer accepting new users to register from the Netherlands....
Read More: Binance Exits...
Amid SEC lawsuit, market drop by 78% on Binance.US, but DigiToads presale continues to rise
17.6.2023
Following the recent actions of the SEC on the crypto market, the crypto market has suffered a harsh market situation. Some of the best cryptos on the Binance platform have lost their standings, and the market depth has plummeted by 78%. DigiToads (TOADS) presale success has exceeded expectations...
US court approves SEC-Binance.US agreement
17.6.2023
As per the approved agreement, only Binance.US employees will have access to client funds until the litigation is resolved