Binance New CEO Richard Teng Withdraw UAE Crypto License Application
Binance’s Strategic Reconfiguration Under CEO Richard Teng Binance, the world’s leading cryptocurrency exchange, has announced the withdrawal of its license application in Abu Dhabi, signalling a significant strategic shift under the helm of new CEO Richard Teng. This move arrives…
What Caused Terra Classic Tokens Incredible Price Surge
Terra Classic tokens, USTC and LUNC, witnessed an impressive surge in trade volumes and prices attributed to specific events initiated by Binance and Terra Classic Labs. Despite the substantial gains, both tokens faced profit-taking, leading to a decline in prices…
Crypto 2024: What Lies Ahead For Bitcoin And Altcoins?
Anticipating Altcoins’ Response to Bitcoin’s Surge With Bitcoin’s recent price reaching a high of $44,000, the crypto community is eagerly awaiting the events that may steer or impact this bullish phase. Renowned crypto investor Brian Kelly has shared insights into…
FTX Bankruptcy Update: Revised Reorganization Plan Set For Mid-December 2023
FTX’s impending revised reorganization plan aims to address stakeholder interests amidst bankruptcy. Regulatory authorities hint at potential approval for a revived FTX, subject to legal compliance under new leadership. Amidst its bankruptcy status, FTX, the embattled cryptocurrency exchange, is gearing…
Binance $500,000 Crypto Airdrop: A Gift For SHIB Holders
Binance, one of the leading cryptocurrency exchanges, has unveiled an enticing opportunity for users of its Web3 wallet—a significant airdrop of various cryptocurrencies, including SHIB. Airdrop Announcement and Qualification In an announcement on X (formerly Twitter), Binance declared its plan…
Massive $45.2 Million Ethereum Transfers To Binance & Coinbase Shake Crypto Markets
Amidst the dynamic cryptocurrency landscape, a recent series of substantial Ethereum (ETH) transfers to Centralized Exchanges (CEXs) ignited widespread speculation and market discussions on December 6. Within a 24-hour span, attention-grabbing transactions totalling 19,822 ETH surfaced across three prominent digital…
SEC Extends Grayscale Ethereum Trust ETF Decision To January 25, Adopting A Cautious Approach
The SEC extends the decision deadline for Grayscale Ethereum Trust’s spot ETF, highlighting cautious scrutiny in the burgeoning realm of cryptocurrency ETFs. Grayscale’s pursuit of an Ethereum ETF, alongside regulatory postponements, underscores the SEC’s vigilant approach, shaping the future dynamics…
India Registers 28 Crypto Firms With National Anti-Money Laundering Agency
India’s Financial Intelligence Unit registers 28 Virtual Digital Assets and crypto service providers, complying with the country’s anti-money laundering directives. The directive encompasses offshore crypto exchanges catering to India, underlining the necessity for compliance with the Prevention of Money Laundering…
Bitcoin Surge Ignites Crypto Stocks: ETF Hopes Drive Market Momentum
The surge in crypto stocks is linked to Bitcoin’s rally and the growing optimism surrounding a potential Bitcoin ETF approval. Bitcoin’s resurgence and the anticipation of regulatory advancements have revitalized investor confidence, marking a potential shift in the crypto market’s…
Terra Classic (LUNC) Soars 50% Following Binance’s Fresh Listing Announcement
Terra Classic (LUNC) has surged by nearly 65% following its listing announcement on Binance, exhibiting remarkable market momentum. The surge in LUNC’s value coincides with notable developments, including a golden cross pattern and Binance’s incineration of nearly four billion LUNC…