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
CME to Offer Spot Bitcoin Trading: Impact on Binance and Coinbase
The post CME to Offer Spot Bitcoin Trading: Impact on Binance and Coinbase appeared first on Coinpedia Fintech News The Chicago Mercantile Exchange (CME), a leading bitcoin futures exchange, is reportedly considering offering spot bitcoin trading. This move could significantly impact major players like Binance and Coinbase by providing a regulated trading environment for bitcoin, addressing growing demand among market participants. Interestingly, followed by the news Bitcoin spot ETF trading has surged, reaching $5.65 billion, the highest since March 24th…
1 year ago
Bitcoin Price Linked To Binance Vs Coinbase Battle, Quant Reveals
A quant has explained how there appears to be a relationship between Coinbase’s spot volume dominance vs. Binance’s and the Bitcoin price. Bitcoin Has Been Reacting To Binance/Coinbase Volume Changes In a CryptoQuant Quicktake post, an analyst discussed the dynamics in the cryptocurrency market that arise out of the battle happening between Binance and Coinbase for spot volume dominance. The quant shared a chart below that shows how this war for dominance has played out over the past decade. As…
1 year ago
Binance Under Three-Year Monitoring by Forensic Risk Alliance, DOJ Confirms
DOJ picks FRA over Sullivan & Cromwell to monitor Binance, aiding compliance efforts after money laundering allegations. FRA was chosen over Sullivan & Cromwell due to controversy, ensuring compliance with the plea agreement. The United States Department of Justice (DOJ) has appointed Forensic Risk Alliance (FRA), a consulting firm based in London, as the monitor for Binance, the world’s largest cryptocurrency exchange. This move comes as part of Binance’s plea deal with the DOJ last year following allegations of money…
1 year ago
Move Over Binance Coin (BNB), Polkadot (DOT), and Near Protocol (NEAR): Rollblock (RBLK) Dominates the Field
Now and then, the cryptocurrency market plunges into a huge frenzy, as traders and buyers search for the next big opportunity. With new cryptocurrency, Rollblock (RBLK) steamrolling the competition with impressive features, it’s time to forget the likes of Binance Coin (BNB), Near Protocol (NEAR), and Polkadot (DOT) Near Protocol Token Might Be One of The Best Cryptocurrencies To Buy Near Protocol (NEAR) has established itself as a mainstay token following its debut in the altcoin market sometime in the…
1 year ago
Binance Ends XRP and TUSD Support in Futures Multi-Assets Mode
The post Binance Ends XRP and TUSD Support in Futures Multi-Assets Mode appeared first on Coinpedia Fintech News Binance, the top cryptocurrency exchange, has made waves by announcing the end of supporting XRP, adding an unexpected twist to the market narrative. Despite this, the XRP price has shown a slight recovery, reflecting the resilience of investors amid these developments. What’s Brewing Behind Binance’s Plan to Drop XRP? Shocking the XRP community, Binance revealed it would stop supporting XRP and TUSD…
1 year ago
Illegal Crypto Crackdown in Argentina; Binance, Lemon Support In Crackdown
The post Illegal Crypto Crackdown in Argentina; Binance, Lemon Support In Crackdown appeared first on Coinpedia Fintech News Two Chinese nationals and an Argentine citizen were detained on March 8 over a crypto investment scam in Argentina. A supermarket was used as a facade for an illegal crypto mining farm, seizing dozens of graphic cards. Fernando Barbatelli, the Argentine citizen used the identity of another citizen to offer a crypto investment opportunity. He convinced the Chilean national to be a…
1 year ago
Binance and KuCoin Bridge Regulatory Gaps in India’s Crypto Market
Binance and KuCoin have officially registered with India’s Financial Intelligence Unit, marking a pivotal shift in regulatory compliance for cryptocurrency exchanges. India’s crypto market continues to thrive as it secures its position as the second largest globally, attracting substantial cryptocurrency investments. According to a recent report from Today’s Business Standard, the disparity between registered and unregistered cryptocurrency firms is set to decrease. This comes after significant developments where international crypto giants like Binance and KuCoin have secured registration with India’s…
1 year ago
Ethereum (ETH), Rollblock (RBLK), Ripple (XRP), and Binance (BNB): The Biggest Crypto News Of The Past Week
The post Ethereum (ETH), Rollblock (RBLK), Ripple (XRP), and Binance (BNB): The Biggest Crypto News Of The Past Week appeared first on Coinpedia Fintech News The world of cryptocurrency is forever evolving with movers and shakers continuously making waves with industrious breakthroughs and innovative ideas. This week is no different, with major updates from some of the top crypto coins in the market. Below is a swift glance over the most important events concerning Ethereum (ETH), Rollblock (RBLK), Ripple (XRP),…
1 year ago
U.S. State Department Investigates After Binance Executive Detained in Nigeria
The post U.S. State Department Investigates After Binance Executive Detained in Nigeria appeared first on Coinpedia Fintech News A Binance executive from America was held hostage in Nigeria, facing a bribe demand of $150M. The officer, Tigran Gambaryan, stayed captive for 70 days and was charged with tax evasion and money laundering. His colleague escaped, but he got arrested near Prince Harry and Meghan’s tour location in Nigeria. The US State Department said that they are actively investigating Gambarayan’s case.…
1 year ago