#Bitcoin (BTC), the world's oldest and most valued cryptocurrency, fell below $37,000 (Currently trading at $36,474.41) after #Binance CEO Changpeng Zhao resigned over money laundering.
This led to declines in popular altcoins like #Ethereum (ETH), #Solana (SOL), #Ripple (XRP), #Litecoin (LTC), and #Dogecoin (DOGE). The market is expected to face uncertainty in the coming days.
#FTX Token (FTT) gained the most, rising 12% in 24 hours, while PancakeSwap (CAKE) was the biggest loser, dropping over 15%.
The global #crypto market cap is currently $1.38 trillion, showing a 2.96% loss in the last 24 hours.
This led to declines in popular altcoins like #Ethereum (ETH), #Solana (SOL), #Ripple (XRP), #Litecoin (LTC), and #Dogecoin (DOGE). The market is expected to face uncertainty in the coming days.
#FTX Token (FTT) gained the most, rising 12% in 24 hours, while PancakeSwap (CAKE) was the biggest loser, dropping over 15%.
The global #crypto market cap is currently $1.38 trillion, showing a 2.96% loss in the last 24 hours.
#CFTC fines #Binance $10 million, CEO CZ steps down. Analyst Thielen sees positive industry impact, potential for stricter compliance, and #Bitcoin #ETF approval in the US.
https://coinpedia.org/news/cftc-settlement-signals-positive-shift-for-binance-and-crypto-industry-reports/
https://coinpedia.org/news/cftc-settlement-signals-positive-shift-for-binance-and-crypto-industry-reports/
CoinPedia
Binance Settles With CFTC for $60 Million; Good News for the Industry?
In a groundbreaking move, the Commodity Futures Trading Commission (CFTC) and Binance's CEO (CZ) have made a deal that's making waves in the
#Genesis Global Capital sues #Gemini Trust for $689M in alleged preferential transfers, claiming unfair advantage; ongoing legal disputes involve U.S. authorities. #cryptonews
Read More:https://coinpedia.org/news/genesis-files-lawsuit-against-gemini-to-recover-689m-in-preferential-transfers/
Read More:https://coinpedia.org/news/genesis-files-lawsuit-against-gemini-to-recover-689m-in-preferential-transfers/
CoinPedia
Genesis Sues Gemini for $689 Million in “Preferential Transfers”
No one can really predict what will happen next in the world of cryptocurrency. Now, Genesis Global Capital, a once-thriving crypto lender now dealing
#Crypto rumors create market fluctuations; #Binance issues unsettle, while speculation surrounds JPMorgan's alleged 7.5M #XRP purchase. Unverified claims prompt caution. #cryptonews
https://coinpedia.org/news/did-jpmorgan-acquire-7-5-million-xrp-decoding-the-truth/
https://coinpedia.org/news/did-jpmorgan-acquire-7-5-million-xrp-decoding-the-truth/
CoinPedia
Did JPMorgan Acquire 7.5 Million XRP? Decoding the Truth
It seems like crypto is becoming a rumor mill; while the ETF rumor gave crypto a short-term rally, the meltdown in the US is chilling investors. Recent
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US Attorney General Merrick Garland asserts that #Binance Holdings Ltd. and its Chief Executive Officer Changpeng Zhao deliberately avoided adhering to US regulations, prioritizing financial gains over legal compliance. As part of a settlement, Zhao, who has agreed to step down and pay a fine, pleaded guilty in a Seattle court on Tuesday. Garland made these statements in Washington. #Crypto #Cryptonews
#FTX exchange founder SBF's appeal for release was denied by the U.S. Court of Appeals due to concerns of witness tampering, stemming from violations of pre-trial release conditions, adding to the industry's growing #regulatory pressure. #cryprtonews
https://coinpedia.org/news/sam-bankman-frieds-bail-appeal-denied-amid-legal-challenges/
https://coinpedia.org/news/sam-bankman-frieds-bail-appeal-denied-amid-legal-challenges/
#Kyber Swap, a Kyber Network product, faced a major security incident with a potential hack, causing an estimated $47 million in losses. #crypto
Suspicious transactions on Arbitrum, Optimism, #Ethereum Mainnet, Polygon, & Base led to $47M theft.
https://coinpedia.org/news/kyber-swap-liquidity-pools-drained-hackers-loot-over-47-million/
Suspicious transactions on Arbitrum, Optimism, #Ethereum Mainnet, Polygon, & Base led to $47M theft.
https://coinpedia.org/news/kyber-swap-liquidity-pools-drained-hackers-loot-over-47-million/
CoinPedia
KyberSwap Hack: Liquidity Pools Drained of $47 Million!
In a surprising development, KyberSwap, a crucial part of the Kyber Network, fell prey to a significant security breach today, causing a ripple effect
🔵Global #cryptocurrency market cap: $1.42 trillion, a 2.77% increase in the past day.
🔵Total #cryptomarket 24-hour trading volume: $55.4 billion, a significant 20.66% decrease.
🔵#DeFi sector volume: $5.51 billion, constituting 9.94% of the total crypto market 24-hour volume.
🔵#Bitcoin market dominance: 51.48%, with a slight 0.11% decrease in the day, indicating dynamic market conditions.
🔵Total #cryptomarket 24-hour trading volume: $55.4 billion, a significant 20.66% decrease.
🔵#DeFi sector volume: $5.51 billion, constituting 9.94% of the total crypto market 24-hour volume.
🔵#Bitcoin market dominance: 51.48%, with a slight 0.11% decrease in the day, indicating dynamic market conditions.
#Cryptomarkets, initially affected by #Binance news, fully recovered with a 4.8% increase in total capitalization to $1.48 trillion, witnessing substantial inflows and positive price movements for #Bitcoin, #Ethereum, and various #altcoins.
https://coinpedia.org/news/crypto-markets-recover-swiftly-post-binance-ceos-resignation-no-panic-sell-observed/
https://coinpedia.org/news/crypto-markets-recover-swiftly-post-binance-ceos-resignation-no-panic-sell-observed/
CoinPedia
Binance Marks a Win: No Panic Selling, Outflows Observed Post CEO Resignation!
Crypto markets have shown a remarkable rebound just one day after the surprising announcement of CEO Changpeng Zhao's resignation. Contrary to
🚀Celebrating #CryptoThanksgiving!
A record-high 70% of #Bitcoin supply has been inactive for a year-HODLers standing strong!
🌟Gratitude for every holder, innovator & victory. Let's toast to resilience & our epic comeback.
TO THE MOON, with gratitude in our hearts!🌕
#Thanksgiving #thanksgiving2023 #cryptomarket #BTC $BTC
A record-high 70% of #Bitcoin supply has been inactive for a year-HODLers standing strong!
🌟Gratitude for every holder, innovator & victory. Let's toast to resilience & our epic comeback.
TO THE MOON, with gratitude in our hearts!🌕
#Thanksgiving #thanksgiving2023 #cryptomarket #BTC $BTC
#Terraform Labs invests $15 million in #LUNA, revitalizing #DeFi innovation with Astroport and Ura.
$15 million injection fuels Terra's resurgence, marked by strategic partnerships, upgrades, and market prominence. #cryptonews
https://coinpedia.org/news/terraform-labs-15-million-boost-to-the-terra-ecosystem/
$15 million injection fuels Terra's resurgence, marked by strategic partnerships, upgrades, and market prominence. #cryptonews
https://coinpedia.org/news/terraform-labs-15-million-boost-to-the-terra-ecosystem/
CoinPedia
Terraform Labs Pumps $15 Million to Revive the Terra (LUNA) Ecosystem
In a move going beyond just cash infusion, Terraform Labs' $15 million boost into the Terra (LUNA) ecosystem is like a seismic shift in the crypto world.
Recent analysis reveals an unprecedented 70.35% of #Bitcoin inactive for over a year, a record high in its history. #crypto #cryptonews
Despite Bitcoin's value doubling to $37,000, committed holders remain unfazed, signaling confidence.
https://coinpedia.org/news/bitcoin-holders-show-strong-conviction-as-inactive-supply-hits-record-70/
Despite Bitcoin's value doubling to $37,000, committed holders remain unfazed, signaling confidence.
https://coinpedia.org/news/bitcoin-holders-show-strong-conviction-as-inactive-supply-hits-record-70/
CoinPedia
Bitcoin Investors Stand Strong: Dormant Supply Hits Record High of 70%
Recent data shows something quite remarkable about Bitcoin. A whopping 70% of Bitcoin has just been chilling, not moving at all, for a whole year – a new
#Netflix director Carl Erik used $4M from Netflix's Conquest budget to invest in #Dogecoin, turning it into $27M. Netflix faced budget disputes. #cryptonews
https://coinpedia.org/news/netflix-budget-4-million-is-mightily-made-into-27-million/
https://coinpedia.org/news/netflix-budget-4-million-is-mightily-made-into-27-million/
CoinPedia
Netflix Budget: $4 Million Is Mightily Made Into $27 Million
Is it not a wonder to comprehend that Director YOLO’d used the Netflix budget to create $27 million dogecoin? Well, the reports are accurate to the facts!
🔵Global #cryptomarket cap: $1.42 trillion, a 0.02% decrease in the last day.
🔵Total crypto market volume (last 24 hours): $38.65 billion, a 30.52% decrease.
🔵#DeFi market volume: $4.22 billion, representing 10.93% of the total crypto market 24-hour volume.
🔵#Stablecoins volume: $33.88 billion, comprising 87.65% of the total #crypto market 24-hour volume.
🔵#Bitcoin's dominance: 51.43%, down by 0.04% over the day.
🔵Total crypto market volume (last 24 hours): $38.65 billion, a 30.52% decrease.
🔵#DeFi market volume: $4.22 billion, representing 10.93% of the total crypto market 24-hour volume.
🔵#Stablecoins volume: $33.88 billion, comprising 87.65% of the total #crypto market 24-hour volume.
🔵#Bitcoin's dominance: 51.43%, down by 0.04% over the day.
Sam Bankman-Fried, once a #crypto mogul, faces prison for charges, pays for haircut with prison currency—mackerel fish.
Transitioning from crypto-billionaire to inmate, Bankman-Fried adapts hairstyle and offers crypto advice in prison. #Cryptonews #FTX
https://coinpedia.org/news/fishy-finances-sam-bankman-fried-turns-to-mackerel-trading-behind-bars/
Transitioning from crypto-billionaire to inmate, Bankman-Fried adapts hairstyle and offers crypto advice in prison. #Cryptonews #FTX
https://coinpedia.org/news/fishy-finances-sam-bankman-fried-turns-to-mackerel-trading-behind-bars/
CoinPedia
FTX’s Sam Bankman-Fried Turns to Mackerel Trading Behind Bars
Sam Bankman-Fried, once a big shot in the cryptocurrency world, is now doing time at New York's Metropolitan Detention Center. Found guilty of wire fraud
#Binance settles $4.3 billion with #CFTC for unregistered trading, leading to Zhao's resignation.
CFTC warns globally, signaling a transformative era for U.S. #crypto #regulations with zero tolerance. #cryptonews? https://coinpedia.org/news/crypto-crackdown-cftcs-strong-stance-on-crypto-exchanges/
CFTC warns globally, signaling a transformative era for U.S. #crypto #regulations with zero tolerance. #cryptonews? https://coinpedia.org/news/crypto-crackdown-cftcs-strong-stance-on-crypto-exchanges/
CoinPedia
CFTC’s Crackdown on Crypto Exchanges Is About to Get Stronger; Here’s How
In a major move, the U.S. Commodity Futures Trading Commission (CFTC) has put the spotlight on Binance, the top digital asset trading platform globally.
#Grayscale Bitcoin Trust (GBTC) surges 25%, hitting $30.45, attributed to SEC's non-appeal decision, sparking #ETF interest.#cryptonewstoday
#JPMorgan predicts $2.7 billion GBTC outflows post-ETF conversion, potential impact on Bitcoin's price.
https://coinpedia.org/news/jpmorgan-anticipates-a-2-7-billion-outflow-from-gbtc-due-to-etf-conversion/
#JPMorgan predicts $2.7 billion GBTC outflows post-ETF conversion, potential impact on Bitcoin's price.
https://coinpedia.org/news/jpmorgan-anticipates-a-2-7-billion-outflow-from-gbtc-due-to-etf-conversion/
CoinPedia
JPMorgan Anticipates a $2.7 Billion Outflow from GBTC Due to ETF Conversion
The recent surge in Grayscale Bitcoin Trust (GBTC) shares, which have climbed over 25% in the past month to $30.45, is primarily attributed to the U.S.
#Dogecoin poised for a substantial surge, with indicators suggesting a rally to around 20 cents. #cryptonews
Analysts Ali Martinez and Kaleo highlight increased trading volume, institutional interest, and predict short-term and long-term gains.
https://coinpedia.org/news/dogecoin-to-moon-in-2024-analyst-predict-doge-price-rally-soon/
Analysts Ali Martinez and Kaleo highlight increased trading volume, institutional interest, and predict short-term and long-term gains.
https://coinpedia.org/news/dogecoin-to-moon-in-2024-analyst-predict-doge-price-rally-soon/
CoinPedia
Dogecoin to the Moon in 2024? Experts Predict Price Surge Soon
Dogecoin, the charismatic underdog of the crypto world, is once again stepping into the spotlight. According to insights from respected cryptocurrency
Despite Cathie Wood's public #Bitcoin optimism, recent data reveals Ark Invest's substantial reduction in exposure. #cryptonewstoday
#ETF data reveals Ark's sale of 700,000 Bitcoin Trust shares contradicts Wood's public optimism, posing questions.
https://coinpedia.org/news/cathie-woods-ark-invest-quietly-dumps-bitcoin-holdings-despite-public-bullish-stance/
#ETF data reveals Ark's sale of 700,000 Bitcoin Trust shares contradicts Wood's public optimism, posing questions.
https://coinpedia.org/news/cathie-woods-ark-invest-quietly-dumps-bitcoin-holdings-despite-public-bullish-stance/
CoinPedia
Is Cathie Wood Losing Faith in Bitcoin? Ark Invest Dumps Holdings
In a recent development that has raised eyebrows in the cryptocurrency community, , CEO of Ark Invest, appears to be reducing her firm's Bitcoin
TheNextBlock's David, in an interview with Thinking #Crypto, discusses CZ's unexpected departure from #Binance.
Despite initial shock, #cryptocurrency prices remain stable, attributing resilience to decentralized #blockchain protocols.
https://coinpedia.org/news/what-lies-ahead-for-binance-after-changpeng-zhaos-surprising-exit/
Despite initial shock, #cryptocurrency prices remain stable, attributing resilience to decentralized #blockchain protocols.
https://coinpedia.org/news/what-lies-ahead-for-binance-after-changpeng-zhaos-surprising-exit/
CoinPedia
What Lies Ahead for Binance After Changpeng Zhao’s Surprising Exit?
David, the influential voice behind TheNextBlock, recently shared his shock upon hearing the news of Changpeng Zhao's (CZ) unexpected departure from . In
#Binance and its founder plead guilty to US anti-money-laundering charges, hindering plans in Hong Kong. #cryptonewstoday
Binance's subsidiary, #HKVAEX, faces obstacles obtaining a license due to legal issues and #regulatory ambiguity.
https://coinpedia.org/news/binance-faces-uphill-battle-for-hong-kong-license-after-binance-us-guilty-plea/
Binance's subsidiary, #HKVAEX, faces obstacles obtaining a license due to legal issues and #regulatory ambiguity.
https://coinpedia.org/news/binance-faces-uphill-battle-for-hong-kong-license-after-binance-us-guilty-plea/
Coinpedia Fintech News
Binance Faces Uphill Battle for Hong Kong License After Binance US Guilty Plea
The recent guilty plea by Binance and its founder, Changpeng Zhao, to US anti-money-laundering laws may pose challenges for the cryptocurrency exchange's