Binance.US, a prominent cryptocurrency exchange, has been grappling with significant challenges in the wake of legal actions taken by the U.S. Securities and Exchange Commission (SEC). These challenges include forced layoffs and a steep decline in revenue, as revealed by the company’s Chief Operating Officer Christopher Blodgett in court documents. Since June, Binance.US has had
Crypto
In the world of cryptocurrency, investors are constantly on the lookout for the next big thing that could potentially provide massive returns on their investment. As one coin consolidates below its all-time high, another emerges promising a 100x return on investment. This transition is evident as holders of Pepe Coin (PEPE) are now turning their
After Bitcoin (BTC) hit an all-time high (ATH), Ethereum (ETH) also surged above $3,800 before experiencing a double-digit price drop. However, ETH has managed to bounce back and briefly reach $3,900, its highest point in over two years. This surge in Ethereum’s price came alongside Bitcoin’s milestone, with the leading cryptocurrency hitting $69,000 before retracing
Bitcoin recently experienced a price pullback, causing concern among investors and analysts in the crypto market. The digital asset reached the $69,000 threshold before witnessing a correction, leading to various predictions of further decline in Bitcoin’s price. The sentiment around the market has been generally bearish following this pullback, prompting experts to share their insights
Bitcoin recently reached its all-time high of $69,000 on March 5th, 2022, only to experience a swift and sharp 14% correction shortly after, dropping its price to $59,300. The volatility in Bitcoin’s price led to record-breaking trading volumes on centralized exchanges, indicating heightened market activity and trader engagement. An analysis of Kaiko data by CryptoSlate
The SEC filed a joint motion on March 5 to request further action against Binance.US due to alleged failures to comply with regulatory requests for information regarding customer assets. The SEC claims that Binance.US’s inspections were inadequate, their counsel refused to answer crucial questions, and the firm made changes to its operations without providing updates.
The recent collaboration between Ubisoft and the Ethereum NFT card game Cross the Ages has brought about an exciting new development for gamers. With the introduction of Watch Dogs-inspired NFT cards, players can now experience a whole new level of immersion in the virtual world. These in-game trading cards, based on the popular Watch Dogs
The Ethereum Foundation, a non-profit organization, has recently made an unexpected move by initiating a sell-off of 1000 ETH to a single address named “Cumberland Forwarder.” This decision has sparked speculation and raised questions about the potential market peak for Ethereum. The transparency of the transactions was brought to light by the Blockchain analytics platform
The resurgence of meme coins has been undeniable, with Pepecoin leading the charge with an impressive monthly gain of +707%. However, despite hitting a new all-time high and dominating trending coin rankings on major exchanges, there are signs of caution in the current price action. Pepecoin is currently trading at $0.000000750, with a 24-hour change
Cardano has recently made waves in the cryptocurrency market, reaching a 2-year peak of $0.78 on Mar. 5. This surge in price has outperformed other altcoins, including Solana, in terms of weekly gains. As Bitcoin dominance wavers, investors have begun diversifying their portfolios, turning their attention to mega-cap Layer-1 altcoins like ADA. One of the