Bitcoin: How a surge on this front could be 'dangerous' for BTC

Bitcoin perpetual swaps funding rates have rallied to multi-year highs on Binance and Bybit. The Crypto Fear & Greed Index showed that the market is in a state of extreme greed. Bitcoin The post Bitcoin: How a surge on this front could be 'dangerous' for BTC appeared first on AMBCrypto.

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Top Crypto Analyst Pizzino Says the Market is ‘Overreacting’ on Binance News – Updates Outlook for Solana, Chainlink and These 2 Altcoins

The crypto market is in a state of uncertainty following recent negative news concerning top exchange Binance and a major decline in the price of Bitcoin. Prominent crypto analyst Jason Pizzino provides an insightful review of these developments and shares his predictions on what may come next.

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WSJ: Changpeng Zhao to step down, plead guilty as part of Binance-DoJ settlement

In reports from Forbes and the Wall Street Journal, sources familiar with the matter state that Binance CEO Changpeng Zhao will be forced to step down from his role at the world’s largest exchange as part of a $4.3 billion settlement.

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Binance Research reports market cap decline in Q3 2023

In Q3 2023, the cryptocurrency market faced challenges, growth, and a decline in capitalization by 8.6% compared to the previous quarter. As Binance Research reports on the state of cryptocurrencies in the third quarter, despite significant declines in market capitalization,…

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Binance Research releases Q3 report, reveals current state of crypto

Binance Research has released its latest report into the health of the crypto industry, Q3 State of Crypto: Market Pulse. The 53-page document provides a snapshot of how the crypto market is faring as Q3 2023 wraps up.

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Binance CMO praises crypto ability to give people ‘control’ yet questions the state of public ‘trust’

Binance CMO Rachel Conlan has presented a bullish outlook on the future of the crypto industry despite the growing regulatory hurdles and criticisms it faces, stating that crypto gives people “control” in a recent interview with the New Digital Age.

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This Week in Crypto: FTX’s Novel Accounting, Miner Capitulation, and Hamas Crypto Seized

In crypto developments this week state witnesses revealed questionable accounting practices at FTX, how Bitcoin miners may capitulate after the halving, and Binance's role in funding criminal activity under the spotlight.

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Israel’s Freezing of Hamas Crypto Accounts Highlights Centralized Risks

The recent move by Israel to freeze cryptocurrency accounts associated with Hamas underscores the risks of relying on centralized exchanges like Binance. While Israel says the freeze aims to divert funds to the state treasury, it also demonstrates the lack of true decentralization in how some cryptocurrencies are currently used.

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Hong Kong Police Issues Alert About Text Message Phishing Scam Drained 446,000 From Binance Users

The Hong Kong Police Force has raised awareness after 11 Binance customers fell victim to text message phishing scams.  According to a Facebook post by CyberDefender, under the state’s police, fraudsters posed as Binance and sent malicious messages to users.

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BNB Trading Sideways In Last 30 Days – Is Stagnation Likely Until October?

Binance Coin (BNB) finds itself in a state of limbo as it extends its sideways pattern on the lower timeframes. BNB has been treading water for nearly a month, caught in a tight range between the support at $205 and a stubborn resistance zone spanning $220 to $225.

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No Light at the End of the Tunnel for BNB, SOL, and DOT Holders

This analysis is based on insights from Stocktwits’ ‘The Litepaper,’ and it offers a critical lens into the current state of three key cryptocurrencies: Binance Coin, Solana, and Polkadot.

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Crypto For Libya: Binance Extends $500,000 In BNB To Aid Flood Victims

Following the devastating floods that have left Libya in a state of turmoil, Binance has unveiled a distinctive initiative to extend its assistance. The crypto exchange has pledged to distribute Binance Coin (BNB) tokens, with a total value of up to $500,000, to users residing in Libya.

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Binance CEO nearly closed US branch to protect global operations

New reports state that Binance’s board grappled over shutting down US operations amid growing regulatory pressure earlier in 2023. According to The Information, Binances’s CEO, Changpeng “CZ” Zhao, tried to close the exchange’s US operations earlier this year. In a…

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Crypto adoption, usage, and innovation in good health: Binance report

Binance, currently the largest cryptocurrency exchange by trading volume, has published its half-year report on the state of the market. The 120-page research covers important industry sectors like Bitcoin and layer-1s, layer-2s, stablecoins, DeFi, and NFTs.

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Texas regulator says Abra secretly moved funds to Binance, has been insolvent for months

The Texas State Securities Board filed an emergency cease and desist order on June 15 against the cryptocurrency lending firm Abra. In its order, the regulator said, based on its investigations, it found that Abra and related parties committed fraud and made misleading statements.

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Binance Puts SEC Chair Gensler In Hot Water, Will It Affect The Lawsuit?

The lawsuits brought by the U.S. Securities and Exchange Commission (SEC) against the exchanges Coinbase and Binance.US continue to be the all-defining topic in the crypto market today. While the market remains in a state of shock, Binance’s lawyers have pulled an ace out of their sleeve that puts SEC Chairman Gary Gensler in hot […]

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Coinbase Suffers Double Whammy As SEC And State Regulators Act Against Exchange For Unregistered Securities

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MakerDAO votes to drop Pax Dollar (USDP) stablecoin from its reserves

The MakerDAO community has voted to ditch Pax Dollar (USDP) stablecoin worth $500 million from its reserves. Maker’s treasury holds roughly half of the USDP’s $1 billion supply. New York state regulators in February forced Paxos to halt minting Binance USD (BUSD) stablecoin.

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Binance’s CZ dispels FUD, speculates on next big crypto trend in new interview

Binance CEO Changpeng Zhao commented on the state of the crypto industry and market during an interview with Bankless on May 29. Zhao dispels FUD First, Zhao discussed recent controversies around his company.

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Binance CEO says “it’s a big deal” after China broadcast crypto on state TV

Binance CEO Changpeng Zhao says China’s state TV crypto broadcast is “a big deal. ”  He notes that previous coverage has historically been bullish for crypto. His comments come as Bitcoin price struggled to stay above $26k on Wednesday.

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Binance Accounts Used By Hamas and Islamic State Seized by Israel

Israel authorities have seized accounts on the Binance crypto exchange that were used by Hamas and the Islamic State, per a Reuters report. The post Binance Accounts Used By Hamas and Islamic State Seized by Israel appeared first on BeInCrypto.

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Assessing the state of centralized exchanges as they record sharp dip in trading volumes

The drop in overall CEX trading volume was driven by behemoths like Binance and Coinbase. Opposed to the conventional idea, users didn't shift to DEXs. After three consecutive months of growThe post Assessing the state of centralized exchanges as they record sharp dip in trading volumes appeared first on AMBCrypto.

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Israel seized nearly 200 Binance accounts over terrorism links over two years

Authorities in Israel have seized 190 Binance accounts with ties to Islamic terrorist groups since 2021, Reuters said on May 4. Reuters reported that two of those accounts were linked to Islamic State (ISIS) and that almost all of the other accounts were owned by three firms with ties to Hamas.

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BUSD Booted from Coinbase: What You Need to Know

Coinbase will suspend trading of Binance USD (BUSD) from March 13 following an order from New York state's financial regulator for Paxos to stop issuing BUSD

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How This Company “Snitched” On Binance To Get An Advantage In Stablecoin Race

Per a report from Bloomberg, crypto exchange Binance’s recent issues with U. S. regulators were triggered by Circle. The company behind stablecoin USD Coin (USDC) allegedly issued a complaint to the New York State Department of Financial Services in 2022.

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Monitoring Binance Coin's ambit as on-chain deployment made official

The BNB community voted to deploy Euler on the chain. Investors’ portfolio was doing pretty much better than last year’s hawkish state. On 8 February, Binance CEO Changpeng Zhao (CZ) shaThe post Monitoring Binance Coin's ambit as on-chain deployment made official appeared first on AMBCrypto.

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Crypto Investors Misguided: Binance Stablecoin BUSD Isn’t Fully Regulated

Stablecoin Binance-Peg BUSD is a Binance product but is not issued by Paxos nor regulated by the New York State Department of Financial Services. Only ERC20 BUSD is regulated in New York. The post Crypto Investors Misguided: Binance Stablecoin BUSD Isn’t Fully Regulated appeared first on BeInCrypto.

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Binance Coin Shows Weakness As Price Sits On Key Support; Is $200 Possible?

 BNB’s price fails to hold amidst market turmoil as the price falls back to its key support zone with a range-bound movement.  BNB’s price continues to show strength after a bearish downtrend with the market’s current state, as things look uncertain for most traders and investors.

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Ethereum Reclaims Demand Zone As Market Turmoil Heats Up; Is $500 Possible?

 ETH’s price loses its $1,200 demand zone in the early hours as Binance rejects FTX takeover, with the price responding with a bounce from its daily low.    ETH’s price continues to look bearish with the market’s current state, as things look uncertain for most traders and investors.

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Web3 Wellness Platform Amino Celebrates Historic Career of Four-Time NBA Champion Klay Thompson in Inaugural Drop of the GRAILS NFT Collection

As the first drop in a series of NFT launches, the collection will be available on Binance NFT to celebrate the amazing careers and accomplishments of some of the world’s most recognizable athletes Amino, a new platform that is bringing health and fitness into Web3, has announced it is launching a new NFT collection to celebrate the incredible career of Klay Thompson, one of the famous “Splash Brothers” of the Golden State Warriors.

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Amino launches Klay Thompson NFT collection on Binance NFT

Web3 health and fitness platform Amino has announced an upcoming NFT collection set to celebrate the Golden State Warriors star Klay Thompson’s incredible career. Amino will debut the NFT collection on Binance NFT, the non-fungible tokens marketplace for all types of digital artwork and collectibles powered by the world’s largest crypto exchange and blockchain ecosystem […] The post Amino launches Klay Thompson NFT collection on Binance NFT appeared first on Invezz.

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Terra investors file a class action lawsuit against Binance.US

A group of investors has filed a class-action lawsuit against Binance US and its CEO for allegedly failing to comply with federal and state securities laws. The post Terra investors file a class action lawsuit against Binance.US appeared first on CryptoSlate.

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Crypto Ban to Be Imposed by Pakistan State Bank as Investigation Against Binance Begins

Pakistan to declare cryptocurrencies illegal as it begins an investigation into Binance exchange

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“Don’t Sell Your Bitcoin On The Cheap To Saylor,” Binance’s CZ Warns As MicroStrategy Heightens Accumulation Spree

Changpeng Zhao has warned investors not to sell their BTC to Michael Saylor in a state of panic. Binance’s CEO appeared to have taken note of Saylor’s aggressive Bitcoin purchases during price dips.

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State Hermitage Museum Launching Premium NFT Auction on Binance NFT

Binance NFT has announced a new NFT collection based on the most iconic masterpieces housed at the State Hermitage Museum will be up for auction. The post State Hermitage Museum Launching Premium NFT Auction on Binance NFT appeared first on BeInCrypto.

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Binance NFT and The State Hermitage Museum to Auction Tokenized Art

The State Hermitage Museum has inked a partnership deal with Binance NFT, to enable the former to auction off some of the super unique artworks in its 257-year-old museum as non-fungible tokens at the end of August 2021, according to a blog post on July 26, 2021.

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Binance NFT to Tokenise Da Vinci and Van Gogh Masterpieces

Paintings by Leonardo da Vinci and Vincent van Gogh among masterpieces at Russia’s State… The post Binance NFT to Tokenise Da Vinci and Van Gogh Masterpieces appeared first on Coin Journal.

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Everything you need to know about Binance Coin's trump card

The collective cryptocurrency market is in a state of freefall again. Certain assets are tumbling at an excess of 50% from their all-time high. During such a market dilemma, the age-old question ariseThe post Everything you need to know about Binance Coin's trump card appeared first on AMBCrypto.

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Texas Issues Orders to Stop ‘Binance Assets’ and 2 Other Fraudulent Crypto Investment Platforms

The Texas securities commissioner has entered emergency cease and desist orders to stop three cryptocurrency investment platforms from duping investors in the state. One scheme operates under the name “Binance Assets.

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Texas securities board takes action against hoax ‘Binance’-branded scheme

The Texas State Securities Board has entered an emergency cease and desist order against a shape-shifting, fraudulent cryptocurrency scheme using the Binance brand to lure investors.

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Binance launches Celer node, offering up to 37.49% annualized staking reward

CryptoNinjas » Binance launches Celer node, offering up to 37. 49% annualized staking reward Binance, the popular cryptocurrency exchange and blockchain service provider, has announced the launch of a node to join Celer State Guardian Network (SGN) and help secure Celer’s layer-2 State Channel Network.

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Bitcoin’s Recent Rally Pushes Spot and Futures Trading Activity to ATH on Binance

Bitcoin broke out above $19,000 on 24th November sending the market into a euphoric state with many investors expecting the top cryptocurrency to breach and surpass 2017’s ATH of a little below $20,000.

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Binance.US launches regulation-compliant services in Georgia, USA

Residents in the US state of Georgia can now register on the Binance. US cryptocurrency exchange which will function under the state’s regulatory requirements, according to a company announcement pubThe post Binance.

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Binance US Opens Crypto Trading Services in Alabama; 11 More States To Go

Binance U. S has expanded its services to the state of Alabama, which was among the 13 states left out when the exchange made a comeback to the U. S market in late 2019. Before this, Binance had taken a complete exit out of this burgeoning market due to regulatory uncertainties.

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Binance advertising BTC at London bus stops in advance of UK launch

‘Money is evolving,’ Binance’s new ads across London state, showing four generations of coins ending with Bitcoin.

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Binance Gets Green Light to Launch in Florida

The U. S. arm of the cryptocurrency exchange giant Binance has been granted a license to launch services in the state of Florida. Initially, Binance. US launched in 37 states and avoided those with more stringent requirements.

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Chinese State Media Accuses Binance

CCTV has accused Binance of still operating within China despite previously stating they no longer provide services to users in the mainland. A reporter from CCTV Finance says he was... The post Chinese State Media Accuses Binance appeared first on Trustnodes.

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Former JPMorgan Exec Joins Binance as Latin American, European Director

Former State Street counsel, JPMorgan vice president and Huobi regional head Josh Goodbody is joining Binance as its new director of European and Latin American growth and institutional business.

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Binance Research: Ethereum Actively Powering the DeFi Ecosystem 

Binance Research, the research and development platform from the stables of Binance crypto exchange, which claims to provide enterprise-grade, in-depth analysis, and insights to all participants in the digital assets industry, has released a fresh report on the state of the decentralized (DeFi) financial ecosystem.

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