Tag: Binance

SEC and Binance push for another pause in lawsuit after ‘productive’ talks

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The US Securities and Exchange Commission (SEC) and crypto exchange Binance have asked a US federal judge for an additional two-month pause in their nearly two-year legal battle. “Since the Court stayed this case, the Parties have been in productive discussions, including discussions concerning how the efforts of the crypto task force may impact the SEC’s claims,” both parties said in an April 11 joint status report with the US District Court for the District of Columbia. SEC requests Binance to agree to the extension According to the filing, the…

SEC and Binance push for another pause in lawsuit after ‘productive’ talks

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The US Securities and Exchange Commission (SEC) and crypto exchange Binance have asked a US federal judge for an additional two-month pause in their nearly two-year legal battle. “Since the Court stayed this case, the Parties have been in productive discussions, including discussions concerning how the efforts of the crypto task force may impact the SEC’s claims,” both parties said in an April 11 joint status report with the US District Court for the District of Columbia. SEC requests Binance to agree to the extension According to the filing, the…

Binance Traders Vote To List Three New Altcoins on World’s Largest Crypto Exchange by Trading Volume

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Users of the world’s largest crypto exchange by volume have voted to add three new altcoins to the trading platform. In a new announcement, Binance says traders that use its services have voted to add decentralized investment banking protocol Ondo (ONDO), blockchain-based multiplayer role-playing game Big Time (BIGTIME), and artificial intelligence (AI)-based gaming protocol Virtuals Protocol (VIRTUALS) to its suite of crypto products. Binance says the trio of assets will be added with a seed tag, which warns investors that they may display higher levels of volatility compared to other…

BNB Plunges 11.6% Before Binance Coin Roars Back on Trump Tariff Fears

The cryptocurrency market is navigating turbulent waters as geopolitical tensions and trade policies reshape investor sentiment. BNB’s recent price action, featuring a 13.2% trading range, highlights the heightened volatility affecting digital assets. Technical analysis reveals key support around $540-$545 and resistance at $565-$570, with trading volumes spiking during both selloffs and recovery phases, according to CryptoX Research’s technical analysis data. The implementation of new tariffs under President Trump’s administration has created a ripple effect across financial markets. Initially, bitcoin showed a negative correlation with equities as trade war rhetoric emerged,…

Massive Bitcoin inflows to Binance ahead of CPI report — is BTC price crash incoming?

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Bitcoin inflows to Binance have surged over the past 12 days as today’s CPI data release looms — are investors bracing to sell? In his recent post on X, CryptoQuant’s Maarten Regterschot pointed out that over 22K Bitcoin (BTC) — worth approximately $1.82 billion — were transferred to Binance over the past 12 days. This brought the exchange’s total BTC reserves to around 590,874 BTC. Source: X post by CryptoQuant.com “This shows a strong acceleration in BTC inflows to Binance,” Regterschot wrote. “It’s likely that investors are actively moving funds…

Binance Introduces LDUSDT to Combine Earning and Futures

Key Notes The digital currency trading platform Binance plans to introduce LDUSDT to users. Users will be able to access the product through the Simple Earn product at an unchanging rate. LDUSDT is a different product from BFUSD. Binance, the world’s largest digital asset exchange by trading volume, is set to launch a new product called LDUSDT. This upcoming product will allow users to trade crypto futures while earning additional benefits from their locked USDT funds. Binance LDUSDT Bridges Trading and Passive Income Binance’s latest product, LDUSDT, is designed as…

Binance to purge 14 tokens following ‘vote to delist’ process

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Binance is planning to delist 14 tokens from its platform on April 16 in a move designed to purge low-quality projects that do not adhere to the crypto exchange’s tighter listing requirements.  The tokens are being delisted following a “comprehensive evaluation of multiple factors,” including the exchange’s first “vote to delist” results, where community members nominated projects with less than stellar metrics, Binance announced on April 8. Other factors included the team’s commitment to the project, development activity, trading volume and liquidity, network stability, responsiveness to Binance’s due diligence requests…

Nigerian court postpones Binance tax evasion case to end of April: Report

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A Nigerian court has reportedly delayed the country’s tax evasion case against Binance until April 30 to give time for Nigeria’s tax authority to respond to a request from the crypto exchange. Reuters reported on April 7 that a lawyer for Binance, Chukwuka Ikwuazom, asked a court the same day to invalidate an order allowing for court documents to be served to the company via email. Binance doesn’t have an office in Nigeria and Ikwuazom claimed the Federal Inland Revenue Service (FIRS) didn’t get court permission to serve court documents…

Bitcoin, showing ‘signs of resilience’, beats stocks, gold as equities fold — Binance

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Bitcoin (BTC) is showing “signs of resilience” even as stocks and the broader cryptocurrency market plunge amid a global market sell-off after US President Donald Trump imposed sweeping tariffs on US imports last week, Binance Research said.  As of mid-day trading on April 7, Bitcoin is up almost 1% to nearly $79,000. Meanwhile, the S&P 500 — an index of large US stocks — is essentially flat and front-month gold futures are down around 1.5%, according to Google Finance. “Even in the wake of recent tariff announcements, BTC has shown…

Binance Exchange Lands WorldPay Partnership, Here’s the Big Catch For Users

Key Notes Binance has partnered with Worldpay to enable Apple Pay and Google Pay for crypto purchases directly on its platform. The integration aims to make crypto access easier, especially for unbanked and mobile-first users worldwide. Over 1,000 payment methods and over 125 fiat currencies are now supported as Binance expands its global reach. Leading cryptocurrency exchange Binance has announced a strategic partnership with Worldpay, a global payment technology provider. The collaboration between the two firms will allow users to purchase crypto using Apple Pay and Google Pay directly through…