Connecticut Senator Richard Blumenthal questioned US authorities responsible for overseeing Binance about whether the company is complying with anti-money laundering laws and sanctions under its 2023 court-imposed monitoring program. According to a report published by Fortune on Friday, Blumenthal sent letters to the Justice Department and the US Treasury’s Financial Crimes Enforcement Network (FinCEN), asking for details on Binance’s compliance. Binance and its former CEO Changpeng “CZ” Zhao reached a deal in 2023, in which the exchange would pay $4.3 billion to settle civil regulatory enforcement actions, and CZ would…
Day: April 17, 2026
Bitcoin Price Prediction: BTC Stalls Below $76K
Bitcoin price prediction turns cautious as BTC failed to sustain its third breakout attempt above $76,000, repeatedly touching the level only to reverse, while 46 consecutive days of negative funding rates on Binance have created the most compressed short positioning since the FTX crash bottom of late 2022. Summary BTC briefly cleared $76,000 before reversing in the most prominent bearish pin bar on the daily chart since the March rejection at $74,500, keeping the asset in the $60K-$75K consolidation range it has occupied for over ten weeks. Binance perpetual funding…
Iran’s Bitcoin Mining Sanctions Escape Revealed!
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Rustin talks about Iran’s Bitcoin Mining Sanctions Escape Revealed! Brought to you by Bitcoinwell.com a bitcoin-only platform on a mission to enable independence. #bitcoin #bitcoinnews #shortsopen ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
ETH Accumulation Wallet Balances Rise By 33%: Will ETH Price Follow?
Ether’s (ETH) rally to $2,400 is nearly 38% above its swing low at $1,750, but is ETH’s price move simply a momentum trade, or do longer-term data points suggest a paradigm shift at play? ETH accumulation addresses absorb 6.5 million Ether Ether’s recent rally was preceded by an 89% surge in daily active addresses (DAA), which jumped to 730,278 from 384,763 on April 5. The increase in Ethereum’s active addresses indicates increased user interaction with the network, which is generally a positive. The chart below shows that activity increased significantly…
Why Ethereum Has Become One Of The Most Heavily Shorted Assets Globally
Across global markets, Ethereum has emerged as one of the most heavily shorted assets, a positioning that reflects more than simple bearish sentiment. It signals a growing divergence between market expectations and ETH’s long-term fundamentals, placing the asset at the center of an increasingly complex macro and structural narrative. How Ethereum Short Interest Now Rivals Commodities Like Silver Ethereum is currently one of the most heavily shorted assets in the world, approaching the scale of traditional commodities like Silver. An analyst known as DGMD.6529 on X revealed that over the…
Payward To Acquire CFTC-Regulated Crypto Derivatives Platform Bitnomial
Payward, the parent company of the Kraken cryptocurrency exchange, announced on Friday that it has entered into a “definitive agreement” to acquire Bitnomial, a US-licensed cryptocurrency and derivatives exchange; the deal values Bitnomial’s equity at $20 billion. Bitnomial is the “first” crypto-native exchange in the United States to hold all three regulatory licenses from the Commodity Futures Trading Commission (CFTC), including exchange, clearinghouse, and brokerage permits, according to Payward’s announcement. “Settlement mechanics, margin models, and contract structures define what products can exist and who can access them. The US has…
Bitcoin Liquidates $660M In Shorts As BTC Price Rallied Past $78K
Bitcoin (BTC) rallied above $78,000 to hit another 10-week high on Friday as crypto and equity markets reacted to cooling tensions in the US and Israel war in Iran. The rally above range highs also resulted in a large liquidation of leveraged Bitcoin positions. BTC/USD one-hour chart. Source: Cointelegraph/TradingView More than $660 million in short positions were liquidated, with Bitcoin accounting for $353 million of that total. Ether (ETH) followed with $160 million in short liquidations. Related: Three things Bitcoin must do to hold highs above $76K: Analysts Across the…
Bitcoin liquidation map flags $73.6K ‘trapdoor’ and $81.3K squeeze zone
Coinglass shows $2.221B of BTC longs below $73,610 and $913M of shorts above $81,264, turning the next $10K band into a $3.1B liquidation minefield for traders. Summary Coinglass data indicate that if Bitcoin falls below $73,610, cumulative long liquidation intensity on major centralized exchanges jumps to about $2.221 billion. On the upside, a clean break above $81,264 would put around $913 million of shorts at risk of liquidation, turning a relatively small move into a potential $3.1 billion forced‑flow event. The new band extends an April pattern in which Coinglass…
Bitcoin Hits $78,348 as Strait of Hormuz Reopening Ignites Global Relief Rally
Key Takeaways: Bitcoin hit $78,348 as Iran reopened the Strait of Hormuz, marking its highest price since Feb. 4. Global markets surged as Brent crude fell below $89, wiping out $810 million in crypto short positions. Future stability remains at risk as the IRGC warns that the Trump administration’s blockades may void the deal. Geopolitical Shifts Drive Market Sentiment Bitcoin swept past the $78,000 mark—the first time it has done so since Feb. 4—as markets reacted positively to Iran’s announcement that the Strait of Hormuz is now “completely open,” at…
give me 11 minutes, and you’ll finally understand bitcoin mining
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Tired of Bitcoin mining sounding like rocket science? It’s actually pretty simple. Give me 11:42, and you’ll get it FOR GOOD. Check out Abundant Mines and get 1 month of free Bitcoin mining Want to support the show? We’re crowdfunding via BTC: Bitcoin Address: bc1qg5ls7ugdky4a3ujdpkvnh9mlgng353th2eqc85 Lightning/LNURL: getbasedtv@coinos.io Produced by: @getbasedtv Director & Writer: Julian Figueroa Creative Strategist: Benjamin Côté Editor: Bexef Creative ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version