Binance CEO Richard Teng says that crypto markets generally ”bounce back with remarkable resilience” after volatility due to macroeconomic events. The crypto market’s drop after US President Donald Trump confirmed that tariffs on Canada and Mexico are going forward is only short-term and likely won’t last long, says Binance CEO Richard Teng. “It’s important to…
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A crypto analyst says the rising altcoin trading volumes on Binance signals “confidence in the potential for an altcoin bull market in 2025.” Altcoin trading volume dominance on crypto exchange Binance has hit 78%, a level that a crypto analyst says points to strong potential for an altcoin bull market in 2025. “With retail interest…
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Bitcoin reserves on Binance have fallen under 570,000 BTC, the lowest level since January. Will history repeat itself? Bitcoin reserves on Binance, the world’s largest crypto exchange by trading volume, have dropped to levels not seen since January 2024, just two months before Bitcoin’s price skyrocketed 90% in March. If Bitcoin follows the same pattern…
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Institutional investors have played a large role in Binance’s $24.2 billion net inflows so far in 2024. Cryptocurrency exchange Binance racked up over $24 billion in inflows from user deposits so far in 2024, according to data from DefiLlama. In a blog where Binance said its inflows were higher than 10 exchanges combined, Binance said the “growth…
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Binance CMO Rachel Conlan says that “community feedback and input” are important factors for crypto exchanges when deciding which cryptocurrencies to list, though nothing is “guaranteed.” The surge in memecoin popularity in recent times has added extra pressure on crypto exchanges to weed out questionable projects and protect users, according to a crypto exchange executive.…
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One legal expert says if the class action lawsuit progresses, it could put the “efficacy of blockchain analytics itself” on trial. Binance and its former CEO Changpeng Zhao (CZ) are facing a new class action lawsuit from three crypto investors who say they couldn’t recover their stolen assets because the exchange failed to prevent money…
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Binance has assured its users that their funds are safe after Venezuela cut off access to the exchange and social media platform X. Venezuela’s government has blocked access to crypto exchange Binance, social media platform X and other online services amid unrest over disputed presidential election results. On Aug. 9, local anti-censorship organization VE sin…
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Football icon Cristiano Ronaldo is rolling out a new NFT collection with Binance commemorating different stages of his illustrious career. Cristiano Ronaldo will continue his Web3 foray by launching a new nonfungible token (NFT) collection with Binance commemorating his path from humble beginnings to football stardom. The collection, dubbed “Forever Worldwide: The Road to Saudi…
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Gambaryan’s lawyer, Chukwuka Ikuazom, objected, citing Nigerian law, stating he couldn’t plead until Binance, the primary defendant, was served. The tax evasion trial in a Nigerian court involving cryptocurrency exchange Binance and two of its executives has been adjourned to May 17. This delay occurred because the exchange had not yet been formally served with…
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Key Points: Binance will return to India, pay a $2 million fine, and comply with regulations. Previous non-compliance led to a ban, impacting the Indian crypto market. The re-entry of Binance in India is expected to shake up Indian market dynamics amid the crypto boom. Binance, a major cryptocurrency exchange, is gearing up to re-enter…
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