Tag: Binance

Binance CEO Richard Teng: Exchange Sees 40% Rise in Institutional Investors This Year

CoinspeakerBinance CEO Richard Teng: Exchange Sees 40% Rise in Institutional Investors This Year Binance CEO Richard Teng announced a 40% rise in institutional and corporate investors on the platform this year. He shared this achievement during an interview with CNBC on September 18, 2024. Teng noted that this jump in institutional interest is “just the beginning,” as many firms are still conducting research before fully entering the crypto market. Even with ongoing regulatory challenges, Binance has managed to attract major investors, highlighting the company’s strategic shift under Teng’s leadership. Since…

Binance Blockchain Week Dubai 2024 Early Bird Tickets Now Priced at $150

Joerg Hiller Sep 19, 2024 06:18 Early bird tickets for Binance Blockchain Week Dubai 2024 are now available for $150, offering a 75% discount on the full price. Early bird tickets for the highly anticipated Binance Blockchain Week Dubai 2024 have now been priced at $150, excluding a 5% VAT, according to an announcement by Binance. This new pricing represents a significant 75% discount compared to the full-price ticket of $600. How to Get Early-Bird Tickets at Discounted Prices The early bird…

Binance Issues Statement, Denies Involvement in $230,000,000 Hack of Crypto Exchange WazirX

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The world’s leading cryptocurrency exchange by trading volume is distancing itself from a cyberattack that recently compromised the WazirX trading platform. In a statement released today, Binance said that it has never owned, controlled, or operated WazirX and that it was not involved in the compromised wallet, contrary to speculation. “The WazirX team and Nischal Shetty continue to mislead WazirX customers and the market regarding the relationship between WazirX and Binance. Binance has not owned, controlled, or operated WazirX at any time, including before, during, or after the July 2024…

Bitcoin (BTC) Price Up 5% to $61K Ahead of Fed, but Binance Order Books Suggest Rally Could Be Capped

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The dynamics are not necessarily that straightforward, as the prospect of larger cuts could cause a panicky reaction for risk asset prices, K33 Research analysts noted. “Similar large cuts occurred during the 2001 and 2007 recessions, often signaling heightened recession risks in the U.S,” K33 Research said in a Tuesday report. However, those historical comparisons could be misleading, as real rates are at their peak with inflation coming down over the past months allowing a speedier pace of cuts, the report added. Market participants currently see the fed funds rate…

Binance Top Traders Go Short On Bitcoin At $60,000, What’s Going On?

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Este artículo también está disponible en español. Crypto analyst Ali Martinez has revealed the bearish sentiment among Binance’s top traders towards Bitcoin. This development suggests that the flagship crypto might soon experience significant downward pressure.  Binance Top Traders Are Shorting BTC Martinez revealed in an X (formerly Twitter) post that 51.41% of the top traders on Binance are shorting Bitcoin. This indicates that these traders expect the flagship crypto to experience a price decline despite its recent recovery above $60,000. Indeed, BTC started this week with a price correction, dropping…

Best Binance Referral Code You Can Get

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Este artículo también está disponible en español. Binance is offering an exclusive opportunity for new users to earn a $100 trading fee rebate voucher just by signing up using our special referral code VA05III2 and making a deposit of $50 or more within 14 days. Click hereto register now and claim your reward! Our Binance referral code “VA05III2” is automatically applied, making it easier than ever to start trading with lower costs. Why Use Our Binance Referral Code VA05III2 There are several compelling reasons to sign up using a good…