#Crypto lawyer John E. Deaton advises strategic timing for $XRP investors amid market volatility.

Emphasizes caution against #FOMO, suggests buy-low, sell-high approach. XRP faces resistance at $0.63, support at $0.57. Current price: $0.62.
https://coinpedia.org/news/john-e-deaton-offers-strategic-advice-for-xrp-investors-amid-market-fluctuations/

By 2023, the adoption of cryptocurrencies had surged globally, with an estimated average ownership rate of 4.2% worldwide, involving over 420 million actively engaged individuals. This widespread acceptance of digital assets highlights the growing significance of cryptocurrencies globally.

Between 2015 and 2023, the value of Bitcoin surged dramatically, with its price increasing by an astonishing 173,000%. In 2021, Bitcoin achieved an annual growth rate of 60%.

Projections for the cryptocurrency market are optimistic, with an anticipated compound annual growth rate of 56.4% from 2019 to 2025. This signifies sustained momentum and continued expansion ahead.



#Cryptocurrency #Adoption #Coinpedia #Generations #BabyBoomers #GenX #Millennials #GenZ

DOJ proposes $4B settlement with #Binance; despite legal concerns, $BNB's value rises

Novogratz optimistic, sees potential market boost with resolution. #cryptonews
https://coinpedia.org/news/binance-settlement-with-us-regulators-is-a-bullish-news-for-crypto-market-says-mike-novogratz/

#Bitcoin's transaction fees exceed #Ethereum's, marking renewed interest in on-chain assets, possibly linked to Ordinals Protocol's activity and adoption. #CryptoNews
https://coinpedia.org/news/bitcoin-transaction-fees-surpass-ethereum-amid-growing-demand-for-on-chain-assets/

Binance Faces $4B DOJ Demand

The U.S. Justice Department seeks over $4 billion from Binance Holdings in a resolution of a lengthy investigation.

Talks include potential criminal charges against Binance's founder, Changpeng Zhao, impacting investor sentiment in crypto.

The outcome influences cryptocurrency sentiment as Binance negotiates a multi-billion dollar settlement. Founder Changpeng Zhao faces possible U.S. criminal charges.

Despite legal challenges, BNB's price unexpectedly surged from $247 to $263, reflecting market complexities.



#Coinpedia #Binance #SEC #DOJ #Kraken #Coinbase #Crpto

#Bitcoin, the oldest and most valuable digital currency, was worth more than $37,000(Currently trading at $37,381.32). #Ethereum, another popular #cryptocurrency, stayed above $2,000, boosted by the possibility of exchange-traded funds (ETFs).

Other well-known cryptocurrencies like #Solana, #Ripple, #Litecoin, and #Dogecoin experienced small decreases. ApeCoin saw the most significant increase, rising by over 8 percent in 24 hours. On the flip side, Arweave experienced the largest decline, dropping by nearly 12 percent in the same period.

Overall, the total value of all cryptocurrencies around the world was $1.42 trillion at the time of this update, showing a 0.52 percent increase over the past 24 hours.

#Kraken denies allegations of violating securities laws.

Senator Lummis opposes SEC's unclear rules, urges explicit #regulations for #crypto.
https://coinpedia.org/news/u-s-senator-criticizes-secs-approach-to-kraken-case-cites-customer-impact/

#Bitcoin, the oldest and most valuable digital currency, was worth over $37,000(Currently trading at $37,381.32). #Ethereum, another popular #cryptocurrency, stayed above $2,000, boosted by the possibility of exchange-traded funds (ETFs).

Other well-known cryptocurrencies like #Solana, #Ripple, #Litecoin, and #Dogecoin experienced small decreases. ApeCoin saw the most significant increase, rising by over 8 per cent in 24 hours. Conversely, Arweave experienced the most significant decline, dropping nearly 12 per cent in the same period.

Overall, the total value of all cryptocurrencies worldwide was $1.42 trillion at the time of this update, showing a 0.52 per cent increase over the past 24 hours.

John E. Deaton accuses SEC Chair Gary #Gensler of being a "despicable and dishonorable regulator," highlighting the challenges faced by #crypto firms dealing with #regulatory pressure.

Read More: https://coinpedia.org/news/john-e-deaton-slams-secs-gary-gensler-after-krakens-30m-sec-settlement/

#OpenAI explores merger with #Anthropic; offers top role to CEO Dario Amodei.

Amodei declines, stays loyal to Anthropic; Anthropic secures $2B funding, eyes IPO. #Crypto
https://coinpedia.org/news/openai-and-anthropic-merger-talks-impacting-ftx-investments-heres-how/

BREAKING : Judge Grants SEC's Amici's Arguments Against #Binance in Recent Order #Crypto #Cryptonews

🔵Judge Approval: Judge Amy Berman Jackson approves motions for amicus briefs by Administrative Law Scholars and New Finance Institute in the SEC lawsuit against Binance and CEO CZ.

🔵Expert Opinions: The amicus briefs, filed by Administrative Law Scholars and New Finance Institute, support the SEC's stance against Binance and Binance US in their motion to dismiss the lawsuit, providing a unique perspective.

🔵Indications of Settlement: Experts suggest that the approval of amicus briefs and a joint motion for a protective order between Binance and the SEC indicate a potential settlement, as disputes related to document discovery seem to be resolving.

🔵Upcoming Hearing: A public hearing on January 19, regarding Binance US's motion to dismiss, supported by Binance and CZ, will be crucial for determining the direction of the lawsuit—whether it proceeds to summary judgment or results in a settlement.

BREAKING: Changpeng Zhao (CZ) resigns as #Binance CEO.

BREAKING:Binance CEO Pleads Guilty and Steps Down in Anti-Money Laundering Agreement #crypto #cryptonews

🔵Legal Settlement: #Binance Holdings Ltd. and CEO Changpeng Zhao reached a legal settlement with the Justice Department.

🔵Guilty Plea: Changpeng Zhao has agreed to plead guilty to both criminal and civil charges.

🔵CEO Resignation: As part of the settlement, Zhao will step down from his role as the CEO of Binance Holdings Ltd.

🔵Violation of Anti-Money Laundering Laws: Zhao pleaded guilty to violating anti-money laundering requirements, with the settlement involving the Treasury Department and the Commodity Futures Trading Commission.

According to sources close to the discussions with the agency, Changpeng “CZ” Zhao, the founder of Binance, is stepping down as the CEO of the cryptocurrency exchange as part of a significant $4 billion settlement between the Department of Justice and Binance.

The settlement will be with the DOJ and Commodities Futures Trading Commission, and the Securities and Exchange Commission will not be participating.

In addition, Zhao will plead guilty to anti-money laundering charges brought by the Department of Justice as part of the settlement.

The Wall Street Journal reported that he is scheduled to enter the plea in federal court in Seattle on Tuesday afternoon.



#Binance #CZ #BNB #DOJ #Coinpedia #Crypto

#Binance, the world's largest #cryptocurrency exchange, announces Richard Teng as the new CEO, replacing Changpeng Zhao (CZ) who stepped down after pleading guilty to insider trading charges.

Richard Teng, with over three decades of financial services and #regulatory experience, aims to strengthen Binance by focusing on financial strength, security, collaboration with regulators, and driving growth and adoption of Web 3.
https://coinpedia.org/news/binance-exchange-to-completly-exit-the-u-s-market-what-next/