Binance Holdings is set to pay $4.3 billion in fines following the approval of its plea agreement with prosecutors by U.S. District Judge Richard Jones on Friday. Beyond the financial settlement, a third party will oversee Binance’s operations for a duration of five years. Historic $4.3 Billion Binance Settlement Approved by Seattle Judge Binance, the […] Source CryptoX Portal
In recent years, the debate surrounding Bitcoin’s (BTC) potential market share relative to gold has garnered significant attention, as recently approved Bitcoin Exchange-Traded Funds (ETFs) can bring Bitcoin significantly closer to gold in key metrics. Jurrien Timmer, Director of Global Macro at Fidelity Investments, has put forward an analysis that sheds light on this subject. By examining the value of “monetary gold” and Bitcoin’s market capitalization, as well as considering the impact of halvings on Bitcoin’s supply, Timmer presents insights into the future dynamics of these two assets. Gold Vs…
Bitcoin’s price fell to a weekly low of $50,600 on Feb. 23, down 5% in the last three days, but a rare buying frenzy observed across Korean exchanges provides fresh market insights. Cryptocurrency exchanges in South Korean markets have witnessed an uptick in Bitcoin (BTC) trading this week. Historical trends suggest that this could significantly impact Bitcoin’s short-term price action. Korean investors increase buying pressure amid falling prices Following a blistering 27% uptrend in the first half of February, Bitcoin’s price has struggled to sustain the momentum this week. After…
Crypto financial services platform Matrixport has made another bullish prediction for the Bitcoin price. This time, they predicted that Bitcoin would rise to $63,000, including when the flagship crypto token hits this target. Matrixport had previously predicted that BTC would rise to $50,000 by the end of January, although that didn’t happen. Bitcoin Will Rise to $63,000 By March! Matrixport mentioned in their latest report that BTC will rise to $63,000 by March this year. Although this price level seems ambitious, the crypto platform noted that it is achievable with…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Stacks (STX) holders are interested in the ongoing presale for Kelexo (KLXO). A Solana (SOL) expert recently suggested a potential rally. However, it’s important to remember that this is speculation and not guaranteed. This optimism surrounding Kelexo stems from its focus on addressing inefficiencies in the lending market through blockchain technology. The expert’s analysis mentions scalability, security, and user-friendliness as potential differentiators for the project. Stacks sees diminishing returns…