Binance Described As ‘Crypto-Wash Empire’ In A Lawsuit Over Money Laundering Activities

The post Binance Described As ‘Crypto-Wash Empire’ In A Lawsuit Over Money Laundering Activities appeared first on Coinpedia Fintech News Binance and its former CEO Changpeng Zhao are facing a new class-action lawsuit alleging consumer harm due to the exchange’s money laundering activities in a Seattle Federal court. The lawsuit accuses the defendants of putting profits before the law as they allegedly generated substantial amounts of proceeds by allowing notorious actors to make their funds untraceable.  Plaintiff Highlights Binance’s Willful…

Don’t Miss Out: New Listing on Binance Could Be a 50X Memecoin!

The post Don’t Miss Out: New Listing on Binance Could Be a 50X Memecoin! appeared first on Coinpedia Fintech News Cats and frogs and politics based meme tokens had their enough share in the meme ecosystem. Now a new memecoin has emerged in the crypto world. Close to its launch, this meme coin is shocking everyone with pre-market trading volumes already exceeding $4 million. Will it become the next big thing or just another fad? The excitement is growing, with…

BlackRock’s Bitcoin Stash Nears 350,000, Trails Only Satoshi and Binance

BlackRock’s aggressive push into Bitcoin has brought its holdings to nearly 350,000 BTC, making it the third-largest holder globally after Satoshi Nakamoto and Binance, according to on-chain data. This substantial accumulation comes as BlackRock continues to establish itself as a dominant player in the cryptocurrency space, driven by its various ETF products and growing interest from institutional investors. BlackRock Now Owns Nearly 350,000 Bitcoins BlackRock’s entry into Bitcoin has been a major turning point for the industry. Historically, BlackRock CEO…

Ethereum Price In Danger? Metalpha Withdraws 10,000 ETH From Lido To Binance

According to the latest on-chain data, a crypto company has redeemed and transferred a significant amount of Ether tokens from the staking platform Lido to the cryptocurrency exchange Binance. Could this hold a bearish consequence for the Ethereum price? Is ETH Price Preparing For Further Correction? According to data from Arkham Intelligence, digital asset management firm Metalpha redeemed 10,000 ETH (worth about $26 million) from the liquid staking platform Lido on Saturday, August 17. Following the withdrawal to the Metalpha-labeled…

Bitcoin Bears in Control? Record Low Funding Rates on Binance Signal Market Shift

According to the latest data from CryptoQuant, bears might be in control of Bitcoin given the asset’s funding rates reaching a negative level across all crypto exchanges, including Binance. For context, funding rates are essential in perpetual futures markets to ensure the price of perpetual contracts aligns closely with the spot market. These rates can be either positive or negative, depending on market conditions. A positive funding rate implies that long position holders pay shorts, typically signaling bullish sentiment. Conversely,…

Crypto News Today: Is Toncoin Headed for a Crash Despite Binance Buzz?

The post Crypto News Today: Is Toncoin Headed for a Crash Despite Binance Buzz? appeared first on Coinpedia Fintech News Earlier this week, Binance, the largest cryptocurrency exchange by trading volume and global users, added Toncoin (TON) to its Launchpool and Super Earn programs. This allows Binance users to farm 7.6 million TON tokens by staking BNB, FDUSD, and TON. Interestingly binance binance binance@miceneurol.com Centralised Exchange announced earlier on Friday that it would be launching an additional quota with a…

Binance Coin (BNB) Signals Bullish Breakout as the Exchange Announces Maiden Re-entry of the Indian Market

The post Binance Coin (BNB) Signals Bullish Breakout as the Exchange Announces Maiden Re-entry of the Indian Market appeared first on Coinpedia Fintech News After teasing with a new all-time high above $700 in early June, Binance Coin (BNB) has continued to consolidate in a bearish outlook in the past few weeks. The large-cap altcoin has viciously defended its fourth position in the crypto industry by market data, despite the notable competition from Solana (SOL).  According to the latest crypto…

Binance Is Fully Functional In India Now!

The post Binance Is Fully Functional In India Now! appeared first on Coinpedia Fintech News Binance is finally back in India after a seven month ban. This has served as a 78th Independence day gift to the Indian crypto community. Let’s explore the journey of Binance from a ban to fully function and what this means for the Indian crypto ecosystem. A Seven Month Long Ban India banned Binance and other 8 offshore Crypto exchanges on 12 Jan 2024. The…

TON $50 Target: Toncoin Spikes After Binance Listing, Could This New Viral Altcoin Be Next?

Everyone expected the Toncoin price to be the next altcoin to explode upon Binance listing on Aug. 8. Sadly, TON dropped the ball at $6.8, failing to smash its $8.2 ATH. As Toincoin price struggles, Rollblock has already delivered an impressive 2x yield to early birds in stage 5. Analysts predict RBLK could be the next altcoin to explode past 880% in presale as a growing number of investors turn their attention to the Rollblock presale Toncoin price registers spectacular…

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