Tag: Binance

Binance to delist non-MiCA compliant stablecoins in Europe on March 31

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Cryptocurrency exchange Binance will delist several stablecoins in the European Economic Area (EEA) to comply with the Markets in Crypto-Assets Regulation (MiCA). On March 31, Binance will delist spot pairs for users in the EEA, with nine stablecoins, including Tether’s USDt (USDT) and Dai (DAI), to be removed to comply with Europe’s MiCA regulations, the exchange announced on March 3. Still, affected users will still be able to sell their non-MiCA-compliant stablecoins using Binance Convert, the company said. MiCA-compliant stablecoins, such as Circle-issued stablecoins, USDC (USDC) and Eurite (EURI), will…

Best Presales to Buy After Binance Denies Rumors About Dumping Solana

A Binance spokesperson has clarified that rumors suggesting that the company was dumping some of its crypto holdings, including Ethereum and Solana, are simply untrue. These rumors started doing the rounds on social media almost immediately after the Bybit hack. Speculations suggested that large crypto firms, including Binance, caused the recent market sell-off by aggressively selling and reducing the size of their holdings. They are misunderstanding what Binance does as an exchange, which is we simply help users match trades – Binance Binance’s clarification could be one of the reasons…

Crypto Bloodbath: Former Binance CEO’s Brutal Truth on Surviving Market Crashes

Bitcoin plunges, panic spreads—former Binance CEO Changpeng Zhao (CZ) says only those who master risk and resilience will thrive in the relentless crypto market. Bitcoin’s Freefall: CZ’s Tough-Love Advice for Investors Who Can’t Handle the Heat Market volatility has once again sparked discussions among crypto investors, with Changpeng Zhao (CZ), the former CEO of crypto […] Source CryptoX Portal

Top Bitcoin Inflows Hit Year-High on Binance – Should You Be Concerned?

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Bitcoin’s price continues its decline, falling farther from its March all-time high of $109,000. Currently trading below $82,000, the cryptocurrency has experienced a significant 24.6% drop. Amid this bearish trend, CryptoQuant contributor EgyHash has highlighted a troubling development on Binance that could further pressure Bitcoin’s price. Bearish Sentiment Takes Hold EgyHash notes that Binance, one of the world’s largest crypto exchanges, is seeing a steady rise in key metrics that indicate growing sell-side activity. According to EgyHash, the 7-day moving average of mean coin inflows into Binance is increasing, signaling…

Binance is not ‘dumping’ Solana and other token holdings — Spokesperson

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Binance, the world’s largest cryptocurrency exchange, denied speculation that it has been selling off some holdings, despite widespread social media claims amid the latest market downturn. The crypto market experienced a significant correction after the $1.4 billion Bybit hack, which saw Bitcoin’s (BTC) price sink to a low of  $78,197, last seen on Nov. 10, 2024, Cointelegraph Markets Pro data shows. BTC/USD, 1-year chart. Source: Cointelegraph Following the decline, social media speculation arose that some of the largest crypto firms, including Binance, had caused the market crash by selling their…

Top New Crypto to Buy as Binance CEO Says Market’s in a Tactical Retreat, Not Reversal

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Richard Teng, Binance’s CEO, firmly believes that the current crypto dump won’t last long. Referencing crypto’s historical performance, Teng said that, just like traditional assets, crypto reacts to changes in the outside world, but it also bounces back. In anticipation, we highlight four top new crypto tokens to buy now. Crypto Always Rebounds ‘It’s important to view this as a tactical retreat, not a reversal. Crypto has been here before and bounced back even stronger.’ – Richard Teng said on X Another piece of positive speculation from Teng is that…

Binance Research Survey Shows 95% of Latin American Crypto Users Plan to Buy More in 2025

A vast majority of Latin American cryptocurrency users—95%—plan to expand their holdings in 2025, according to a Binance Research survey of more than 10,000 investors in Argentina, Brazil, Colombia, and Mexico. The findings show that 40.1% of respondents are expecting to buy more crypto within the next three months, 15.3% are looking to do so in the next six months, and 39.7% within 12 months. Only 4.9% have no plans to keep on investing this year. Latin America led the world in crypto adoption in 2024, growing by 116%, according…

US Seizes Millions in Crypto With Binance Ties—Feds Uncover Global Fraud Ring

The U.S. seeks to forfeit millions in crypto from a Binance account, alleging wire fraud and money laundering tied to a fraudulent investment scheme. US Government Moves to Forfeit Crypto Seized from Binance Account The U.S. government has initiated a civil forfeiture action against cryptocurrency holdings seized from a Binance account, alleging their involvement in […] Source CryptoX Portal

Did A Massive Bitcoin And Ethereum Sell-Off By Binance Trigger The Market Crash? Crypto Exchange Responds

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Este artículo también está disponible en español. There have been recent concerns within the crypto community regarding Binance’s recent activities after a claim surfaced that the exchange had been offloading large amounts of Bitcoin and Ethereum. The Binance selloff trend was first noted on social media platform X by a market participant known as AB Kuai.Dong (@_FORAB), who noted that the crypto exchange had allegedly been selling off its Bitcoin and Ethereum holdings.  Did Binance Trigger The Market Crash? The crypto market has endured a turbulent two weeks, with Bitcoin…