Tag: Binance

Bitcoin price dips below $108K as Binance data turns bearish

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Bitcoin fell below $108,000 as rising reserves on Binance and cooling institutional demand indicate a loss of short-term momentum. Summary Bitcoin price has retraced 2.7% in the last day with 63% higher daily volume. Binance data shows fading bullish alignment as exchange reserves climb. Technicals lean bearish with support at $106K and resistance near $111K. Bitcoin was trading at $107,607 at press time, down 2.7% in the past 24 hours. The asset has moved between $106,786 and $115,957 over the last week, dropping 6.4% in seven days and 12% in…

Binance Founder CZ Rejects Claim He Suggested Kyrgyz Crypto Bank

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Binance co-founder Changpeng “CZ” Zhao has pushed back on reports that he has been driving a proposal to establish a crypto-friendly private bank in the Central Asian nation of Kyrgyzstan, where he provides advisory services. The rumors emerged after Kyrgyzstan President Sadyr Japarov told the Kabar news agency on Sunday that CZ had visited the country in May and suggested a cooperative effort to establish a private bank that also deals in cryptocurrency. Japarov claims he would have preferred to open a state-owned bank, but when CZ rejected the idea,…

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Binance Urges Immediate Action With 4 Hardcore Tools to Protect Crypto Accounts

Binance is urging immediate user action with a powerful four-tool security overhaul, combining dynamic authentication, passkeys, hardware verification, and multi-approval safeguards to combat rising cyber threats and protect the integrity of crypto accounts worldwide. Binance Pushes Urgent 4-Step Security Overhaul Amid Growing Breach Attempts Growing cybersecurity threats in the crypto sector have led exchanges to […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Binance Maintains Dominance In Bitcoin Futures Market; Records $1.88-T In Trading Volume

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While Bitcoin’s price action points to a relative scarcity of spot activity, recent on-chain data reveals an increasingly dynamic atmosphere within its futures market, especially on the Binance network. Binance Dominates Futures Market As Trader Sentiment Sees Structural Shift In a recent post on the CryptoQuant platform, crypto education institution XWIN Research Japan shares insights into developments in the Bitcoin futures market, with their key focus being the Binance network. According to the research institution, the world’s leading crypto exchange is maintaining its reputation after reaching its record high of…

Trump Grants Pardon to Binance Founder Changpeng Zhao

Key Notes White House labels CZ’s prosecution as part of Biden’s alleged war on cryptocurrency innovation. Reports reveal Trump family discussions with Binance about US division investment amid pardon campaign. Presidential pardon removes legal barriers but doesn’t automatically restore Zhao’s executive authority at Binance. President Donald Trump has issued a pardon to Changpeng Zhao (CZ), the founder of the cryptocurrency exchange Binance, the White House said on Thursday, October 23. The pardon follows Zhao’s 2023 conviction for failing to maintain an adequate anti-money-laundering system. Zhao had served a four-month sentence…

U.S. President Donald Trump Pardons Binance Founder CZ

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…

The Crypto Bull Market Is Over (Do Not Be Fooled)

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Binance Coin (BNB) Extends Pullback as Meme-Coin Rug Pulls Sting BNB Chain

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Binance Coin (BNB) has fallen sharply this week, sliding 5% in the past 24 hours and over 12% in the last seven days, as new scam alerts and a high-profile memecoin rug pull shake confidence in the BNB Chain ecosystem. The token currently trades around $1,060, marking its lowest level in nearly a month. The downturn comes as Binance co-founders Changpeng “CZ” Zhao and Yi He warn investors about a wave of phishing scams and fake memecoin airdrops spreading through social media. Related Reading In one of the most damaging…

XRP Whales Flood Binance With Massive Deposits – Selling Pressure Mounts

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XRP continues to face pressure as bulls struggle to push the price back above key resistance levels. After weeks of declines, market sentiment remains fragile, with many traders questioning whether the altcoin can find solid footing. However, some analysts still see potential upside — provided XRP manages to reclaim higher levels and attract renewed buying interest. Related Reading Fresh data from CryptoQuant sheds light on an important dynamic unfolding behind the scenes. Since the beginning of October, a clear shift has emerged in the behavior of XRP whales. According to…