U.S. President Donald Trump has granted Binance founder Changpeng “CZ” Zhao a pardon, months after the former exchange CEO confirmed he’d asked for a presidential pardon, the Wall Street Journal reported Thursday. Zhao served four months in prison in 2024 after pleading guilty in November 2023 to charges of violating the Bank Secrecy Act. As part of his plea deal, he stepped down from running Binance, the exchange he’d founded and helmed since 2017, and agreed to a $50 million fine. Binance also pled guilty to charges and agreed to…
Category: CryptoX News
Bitcoin Whales Go Short BTC Into New Trump White House Address
Key points: Bitcoin whales flip bearish on BTC price action hours before Trump makes another White House announcement. “Insider” market bets have featured prominently since Oct. 10, when Bitcoin hit $102,000 on Binance. Traders say that $107,000 is now the next line in the sand. Bitcoin (BTC) risked fresh losses into Thursday’s Wall Street open as whales flipped short BTC. BTC/USD one-hour chart. Source: Cointelegraph/TradingView Bitcoin whales pile on shorts again Data from Cointelegraph Markets Pro and TradingView showed BTC price action tapping but failing to hold $110,000. Acting in…
Dutch Gambling Rules Are Tightening (And Here’s What I Think Players Need to Know)
This article represents the personal views of Robin Burns; offering insights into how players can adapt to changing rules and maintain control while enjoying online gaming responsibly. I’ve been following the changes in the Dutch gambling market closely, and I believe the landscape has transformed more in the past few years than in the previous […] Source CryptoX Portal
FCA Sues HTX for Unauthorized Crypto Promotions to UK Consumers
The UK Financial Conduct Authority (FCA) has filed civil proceedings in the High Court against HTX (formerly Huobi), alleging the exchange unlawfully promoted crypto asset services to UK consumers in breach of Britain’s financial promotions regime. HTX is not authorized to operate in the UK. The FCA says the action is part of its commitment […] Source CryptoX Portal
Could Bitcoin (BTC) Crash Below $100K? Volume Indicator Signals Weakness
This is a daily analysis by CryptoX analyst and Chartered Market Technician Omkar Godbole. Bitcoin BTC$110,086.44 has held above $100,000 for four consecutive months, a price stability that can be interpreted as the formation of a solid base for the next upward move. However, a major volume indicator, used to confirm price trends, shows a contrasting signal. The indicator under consideration is the On-Balance Volume (OBV), described as the “grand daddy” of all volume indices by Charles D. Kirkpatrick II and Julie R. Dahlquist in their book Technical Analysis: The Complete…
Crypto Enters ‘New Era’: a16z
Crypto’s future is starting to look more like a global financial system and less like a speculative playground, according to Andreessen Horowitz. In its State of Crypto 2025 report, a16z analysts argue that the industry has entered a new era shaped by infrastructure upgrades, regulatory clarity and deeper ties with traditional finance. Among the most important trends for the coming year: stablecoin growth, real-world assets moving onchain, and new intersections with artificial intelligence (AI). Stablecoins, which enable fast and cheap dollar transfers, are seeing wide adoption from institutions like Visa,…
Coinbase Calls on Treasury to Lead the Global Fight Against Illicit Finance
Coinbase is pushing the U.S. Treasury to embrace blockchain, AI, and decentralized identity systems to revolutionize anti–money-laundering efforts, aiming to crush illicit finance without throttling innovation or ceding fintech dominance. Coinbase Urges Treasury to Modernize AML Rules Using AI and Blockchain Coinbase Global Inc. (Nasdaq: COIN) called on the U.S. Department of the Treasury on […] Source CryptoX Portal
BNB Breaks Barriers With Coinbase and Robinhood Listings, Boosting US Access
BNB just scored a double victory as Robinhood and Coinbase unlocked access to the $148 billion crypto titan, fueling institutional momentum and signaling a major leap in altcoin integration across U.S. trading platforms. Robinhood and Coinbase Listings Spark Surge in BNB Accessibility Two major crypto trading platforms expanded access to Binance Coin ( BNB) on […] Source CryptoX Portal
Arthur Hayes Torches Japan’s Stimulus, Sees Yen Collapse and Bitcoin to $1M
Arthur Hayes delivered a scathing critique of Japan’s stimulus while reaffirming his ultra-bullish $1 million bitcoin outlook, citing fiat instability, relentless yen weakness, inflation concerns, and rising confidence in decentralized financial systems. Arthur Hayes Blasts Japan’s Stimulus, Doubles Down on Bitcoin to $1 Million Call Arthur Hayes, co-founder of crypto exchange Bitmex and chief investment […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Falconx to Acquire 21shares Amid Crypto ETF Boom
Crypto trading firm Falconx has agreed to acquire 21shares, one of the world’s largest digital asset ETF managers. The deal comes as Falconx considers a public listing and crypto ETFs surge in popularity under a friendlier U.S. regulatory environment. Falconx-21shares Deal Signals New Era for Crypto ETFs Crypto trading powerhouse Falconx is acquiring 21shares, an […] Source CryptoX Portal