Bitcoin price jumps above $28K after 1.5K BTC shorts ‘blown out’
Bitcoin bears get a sudden roasting as short squeeze sends BTC price action to levels last seen before the Binance regulatory debacle. Go to Source Powered by WPeMatico
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Binance CEO CZ Responds to US Regulator’s Charges
Binance CEO Changpeng Zhao (CZ) has addressed the allegations against him by the U.S. Commodity Futures Trading Commission (CFTC). “We do not agree with the characterization of many of the issues alleged in the complaint,” the executive stressed. CZ Responds to CFTC’s Allegations The CEO of cryptocurrency exchange Binance, Changpeng Zhao (CZ), published a blog … Read more
Is Binance in hot water? CZ sued by the CFTC — Watch The Market Report
On this week’s episode of The Market Report, Cointelegraph’s resident expert explains what is happening with Binance, Changpeng Zhao and the CFTC. Go to Source Powered by WPeMatico
Bitcoin price will hit this key level before $30K, survey says
Bitcoin is currently at a place which will decide the fate of the long-term BTC price trend, says Material Indicators. Go to Source Powered by WPeMatico
Bitcoin, Ethereum Technical Analysis: BTC Moves Below $27,000, Following CFTC Suit Against Binance
Bitcoin moved below $27,000 during Tuesday’s session, as the U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit against Binance. The suit claims that Binance knowingly offered unregistered crypto products to U.S. customers. Ethereum was also lower on the news, briefly falling below $1,700. Bitcoin Bitcoin (BTC) fell below $27,000 in today’s session, as markets … Read more
Here’s why CFTC suing Binance is a bigger deal than an SEC enforcement
Market observers pointed out that CFTC goes after the bigger fish, and its regulatory action often proves fatal for the crypto companies. Go to Source Powered by WPeMatico
Bitcoin price retains $27K, but forecast says ‘correction is incoming’
BTC price action repeatedly tests the mettle of $27,000 support, while Bitcoin analysis differs over what comes next. Go to Source Powered by WPeMatico
Binance saw $850M withdrawal prior to CFTC indictment: Data
In twelve hours preceding the indictment, almost $1.5 billion of crypto left several centralized platforms, according to Thanefield Capital. Go to Source Powered by WPeMatico
Binance Bitcoin balance drops by 3.4K BTC within 24 hours of CFTC lawsuit
Binance’s Bitcoin balance was reduced by over 3,900 BTC in the past week, of which 3,400 BTC were pulled out in the last 24 hours alone. Go to Source Powered by WPeMatico
Binance Experiences Significant BTC, ETH, and Stablecoin Withdrawals Following CFTC Lawsuit
After the U.S. Commodity Futures Trading Commission sued Binance for alleged violations of trading and derivatives rules, a significant amount of cryptocurrency was withdrawn from the exchange. Data from analytics provider Nansen shows $400 million in Ethereum-based funds were withdrawn in 24 hours, and 3,655 bitcoin worth more than $99 million were withdrawn over the … Read more