While little changed, BTC price monitors hope that a “cascade” to $23,000 can be avoided.
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While little changed, BTC price monitors hope that a “cascade” to $23,000 can be avoided.
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Crypto exchange Binance announced its departure from the Netherlands, with users asked to withdraw their funds as soon as possible.
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Crypto exchange Binance is currently selling 1 Terahash per second (Th/s) at $10.7280, which is split between the hashrate and electricity costs at $1.17 and $9.558 respectively.
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Crypto prices have yet to react to the Fed decision to temporarily halt rate hikes; meanwhile, the S&P 500 steamrolled to a new 13-month high.
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BNB’s price has rebounded more than 10% from its six-month low of $220 as short traders were squeezed alongside rising open interest.
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The Cyprus SEC lists the exchange as “under examination for application for deregistration” on the island.
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The SEC’s allegations against Binance include charges of misleading conduct, manipulative trading, diversion of customer assets and more.
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Troubled exchanges like Binance and Coinbase might not be the biggest trading venues for Bitcoin, Jan3 CEO hinted.
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Binance.US would have to transfer all U.S.-based assets to new wallets but would be allowed to pay its bills under a proposed consent order.
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Binance.US has lodged its defense ahead of tomorrow’s hearing on whether it’s funds will be frozen.
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