The recent report by The Wall Street Journal regarding Binance, the world’s largest crypto exchange, raises serious concerns about the ethical practices within the company. The allegation that Binance fired its head of market surveillance after he raised concerns about potential market manipulation by a high-profile client is troubling. The fact that the surveillance team
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The movement and accumulation of Bitcoin by crypto whales have long been seen as catalysts for price increases in the cryptocurrency market. However, recent on-chain data suggests a significant decline in whale accumulation volumes. This trend could have serious implications for the future price of Bitcoin and the overall market sentiment. According to analysis from
The recent surge in the Trump MAGA Base token has caught the attention of many investors, especially those who align with the MAGA movement. The token, trading at a market price of $0.00399, experienced a massive 24-hour change of +23,246%. This meteoric rise was fueled by a strong launch, followed by a significant uptrend that
The Biden administration made it clear on May 8 that they would veto H.J. Res. 109, which aims to overturn the SEC’s Staff Accounting Bulletin 121 (SAB 121). They voiced strong opposition to the resolution, citing concerns that the change would disrupt the SEC’s efforts to protect crypto market investors and ensure the stability of
Japanese cryptocurrency exchange Coincheck has made waves in the industry with its announcement to become publicly listed on the Nasdaq. This move comes as a result of a partnership with special purpose acquisition company Thunder Bridge Capital Partners IV (THCP), which will allow Coincheck to bypass the traditional initial public offering process. While Coincheck’s decision
In recent news, Robinhood Markets, a popular retail trading platform, made headlines when it announced its plans to challenge the US Securities and Exchange Commission (SEC) in court. The company’s crypto division, Robinhood Crypto, received a Wells Notice from the SEC, indicating potential charges of securities violations. CEO Vlad Tenev expressed his frustration with the
In the ever-evolving world of meme coins, the latest buzz surrounds Aqua Cat on SOL (AQUACAT), a unique cat-themed coin that has captured the attention of traders worldwide. One of the distinguishing factors of AQUACAT is its portrayal of a lovable sea-otter masquerading as a cat, adding a touch of whimsy to the high-octane Solana
Bitcoin (BTC) has recently recovered above $60,000 after experiencing a price slowdown. This lackluster price movement can be attributed to a decrease in demand for Spot Bitcoin ETFs. These ETFs saw billions of dollars in net inflows in the first quarter of their launch, which coincided with a significant rally in Bitcoin’s price, leading to
The XRP price has been correcting gains from the $0.570 resistance level, leading to a stable position above the $0.5240 support. Despite the correction, there is a possibility of a fresh increase in the near term, indicating potential bullish momentum in the market. Price Movement and Trend XRP initiated a decent increase, surpassing the $0.550
The Ethereum price has shown signs of recovery as it extended above the $3,120 zone. However, the bulls were unable to break through the $3,220 resistance level, leading to a correction in the price. This correction caused Ethereum to trim its gains after climbing above the $3,150 and $3,200 levels. One significant indicator of the