Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Binance
Is Binance planning to quit the Turkey market?
The post Is Binance planning to quit the Turkey market? appeared first on Coinpedia Fintech News Five days after the Turkish Parliament adopted a new crypto assets regulation bill, Binance global announced adjustments to its services in Turkey. Binance announcement titled “Updates to Binance’s services in Turkey under the new crypto regulations” stated that Binance.com will remain accessible to Turkey users however, the Turkish language will be turned off over the period of next three months. Turkish crypto assets regulation…
12 months ago
PEPE Bullish Signal: Whale Withdraws $14.7 Million Stack From Binance
On-chain data shows a PEPE whale has withdrawn a large amount of the memecoin from Binance today, a sign that could be bullish for its price. PEPE Whale Has Made A Large Outflow From Binance In The Past Day According to data from the cryptocurrency transaction tracker service Whale Alert, a massive Pepe transaction has been spotted on the blockchain during the last 24 hours. The transfer involved the movement of 1,286,733,285,955 tokens on the network, worth more than $14.7…
12 months ago
Binance vs SEC: Binance.US Ready To Fight Back In The Court Room
The post Binance vs SEC: Binance.US Ready To Fight Back In The Court Room appeared first on Coinpedia Fintech News On Friday, Judge Amy Berman Jackson of the U.S. District Court for the District of Columbia ruled that most of a lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Binance, the world’s largest cryptocurrency exchange, can proceed. This decision comes despite Binance’s efforts to stop the case, raising important questions about the exchange’s future. Binance Ready To…
12 months ago
Binance Already Prepared For Friday’s Court Ruling
The post Binance Already Prepared For Friday’s Court Ruling appeared first on Coinpedia Fintech News Binance US said that it was already prepared for Friday’s court ruling that the SEC will continue against the exchange and that it looks forward to the case moving to further discovery. It has noted that the SEC has yet to identify any evidence of wrongdoing on the part of Binance.US throughout the extensive, 11-month discovery process. Binance’s response comes after a U.S. federal judge…
12 months ago
Judge Amy Berman Jackson Endorses Key Aspects of SEC v Ripple Ruling in Binance Case
The post Judge Amy Berman Jackson Endorses Key Aspects of SEC v Ripple Ruling in Binance Case appeared first on Coinpedia Fintech News Judge Amy Berman Jackson’s recent comments in the SEC v. Binance case have shed new light on the SEC v. Ripple decision. Pro-XRP lawyer Bill Morgan highlighted key points from Judge Jackson’s ruling, which could have far-reaching effects on the crypto community. Here’s why Judge Torres’ observations in the Ripple case are now seen as more convincing…
12 months ago
Ripple vs SEC: Judge Amy Berman Jackson Upholds Ripple XRP Ruling in Binance vs. SEC Case
The post Ripple vs SEC: Judge Amy Berman Jackson Upholds Ripple XRP Ruling in Binance vs. SEC Case appeared first on Coinpedia Fintech News In a win for crypto, Judge Amy Berman Jackson has upheld Judge Torres’ landmark decision regarding Ripple’s XRP. A moment everyone was waiting for. The recent ruling in the Binance vs. SEC lawsuit supports Judge Torres’ doctrine that XRP itself is not a security and that programmatic and secondary sales of XRP do not meet the…
12 months ago
Binance Crosses 200 Million Users as BNB Consolidates, SHIB Hits Critical Resistance, and DTX Explodes
The cryptocurrency market is a whirlwind of constant activity, with established players making headlines alongside rising stars. This week is a prime example, showcasing significant developments for three key players: Binance, Shiba Inu (SHIB), and DTX Exchange. Binance, the industry leader, has achieved a monumental milestone. SHIB, the meme coin with a passionate following, faces a critical test. And DTX Exchange, a new name in the game, is experiencing explosive growth. Let’s delve deeper into these events and explore their…
12 months ago
Justin Sun’s Team Dumps 173M TRX To Binance
The post Justin Sun’s Team Dumps 173M TRX To Binance appeared first on Coinpedia Fintech News TRON founder, Justin Sun’s team dumped a massive 173.821 million TRX, valued at approximately $21.37 million, to Binance on Thursday. In addition to this, they also moved 120.149 billion BitTorent (BTT), worth around $105,000, and also shifted 20.293 billion WINkLink (WIN), equivalent to about $1.79 million. Earlier this week, TRX showed a strong recovery defying broader market trends where Bitcoin and Ethereum reached lows…
12 months ago
Binance India Fine Casts Doubt on BNB Future, Investors Opt for DTX Exchange and Near Protocol Instead
The post Binance India Fine Casts Doubt on BNB Future, Investors Opt for DTX Exchange and Near Protocol Instead appeared first on Coinpedia Fintech News A few days ago, India’s Financial Intelligence Unit (FIU-IND) imposed a fine of $2.25 million on Binance for failing to comply with anti-money laundering regulations in India. After the news came out, BNB price dropped more than 5%, and investors are already booking their positions in Binance and looking for new opportunities. A huge inflow…
12 months ago