The recent approval of Binance’s guilty plea and the $4.3 billion settlement deal for breaching anti-money laundering (AML) and sanctions laws by a U.S. federal judge has sent shockwaves through the cryptocurrency industry. The U.S. Department of Justice (DOJ) had been investigating Binance over the past few years, alleging violations of the Bank Secrecy Act
Crypto
Bitcoin’s price surge from under $20,000 to over $50,000 since June 2023 has been attributed to the anticipation and approval of spot Bitcoin ETFs in the United States. While institutional investors have shown great interest in Bitcoin, retail traders have not fully joined the market. The question now arises whether the arrival of retail investors
The lawsuit between Ripple and the United States Securities and Exchange Commission has been a topic of intense discussion within the cryptocurrency industry since December 2020. At that time, the SEC accused Ripple of conducting an unregistered securities offering by raising over $1.3 billion through the sale of XRP tokens. Ripple, on the other hand,
The price of Ethereum has been on an upward trajectory since the beginning of 2024, showing a significant increase of over 30% in less than two months. Recent on-chain data indicates that ETH investors are feeling more confident in the market, suggesting that the rally in Ethereum’s price may continue. An analyst on CryptoQuant’s Quicktake
In the vast world of cryptocurrencies, a new player has emerged on the scene that is catching the attention of investors and enthusiasts alike. Mollars (MOLLARS), a new token currently in presale on the Ethereum Blockchain, is positioning itself to become a prominent store-of-value (SoV) token within the cryptocurrency market. With a limited maximum supply
In the world of cryptocurrency, predictions and speculations about the price of Bitcoin are common occurrences. One such prediction comes from the crypto financial services platform Matrixport, which has set a bullish target of $63,000 for Bitcoin. This prediction is based on various factors that are expected to drive the price of BTC to new
In a recent turn of events, the Energy Information Administration (EIA) has decided to halt its controversial survey of crypto mining firms due to a lawsuit filed by Riot Platforms and the Texas Blockchain Council. This decision came after the lawsuit was launched on Feb. 22, naming the EIA, the Department of Energy, the Office
Recently, crypto analyst Ali Martinez, also known as @ali_charts, shared a technical analysis that has sparked interest among ADA traders. The analysis points out a potential sell signal on the three-day chart for Cardano against the US dollar. This sell signal, indicated by the TD Sequential indicator showing a ‘9’ setup, is often viewed as
The Wall Street Memes ecosystem is currently anticipating a major event in February that could potentially impact the price of the $WSM token. The WSM Casino recently announced a significant growth milestone for the GambleFi project, with $10 million worth of crypto assets deposited onto the platform. This surge in activity has been attributed to
The launch of spot Bitcoin Exchange-Traded Funds (ETFs) by industry giants BlackRock and Fidelity has been a significant event in the cryptocurrency market. These ETFs have seen massive net inflows of $5.278 billion within a short six-week period, hinting at growing investor interest in Bitcoin. Despite this, the price response of Bitcoin has been relatively