Binance Financial News

11.11 / 01:31

business Blockchain Binance defi Reserve Chainlink Labs offers Proof of Reserve service for embattled exchanges

Chainlink Labs offered its Proof of Reserve product as a solution to future trust issues in the crypto exchange market on Nov. 10. In a tweet thread, Chainlink Labs asked “Will crypto continue to repeat the mistakes of the traditional black-box financial industry? Or will a better system emerge?”

11.11 / 00:33

Dash Binance Digital Platform PUMP FTX Token Is Going to Zero but Experts Believe These Coins Will Pump Instead

Each day, the value of the FTX Token, FTT, decreases. And, as more information about FTX becomes available, the digital asset appears to be on its way to $0. Nonetheless, several other coins offer opportunities for investors to make gains.

10.11 / 22:05

business Blockchain Binance ‘Thank God’ El Salvador doesn’t have any Bitcoin on FTX, CZ clarifies

False information spreading online suggested that the president of El Salvador, Nayib Bukele, was seeking the immediate extradition of FTX CEO Sam Bankman-Fried along with Alameda Research co-CEO Sam Trabucco to answer for their crimes of losing the Salvadoran people’s Bitcoin.

10.11 / 21:57

Binance BNB Binance Coin Binance Coin Price Prediction Binance Coin Price Prediction as BNB Stays Above $250 – Can it Spike to $400 soon?

Binance Coin price, like most cryptocurrencies in the market, is feeling the pinch of the FTX liquidity crisis. The native exchange token lost 6.6% of its value overnight before rebounding and spiking past $300. If the price holds above $260 for a few days, BNB could quickly return to its former grace and close the gap to $400.

10.11 / 18:13

Provident Dash Binance Platform BNB Price Prediction 2022 - 2030

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

10.11 / 17:29

business Binance Investments Bitcoin Reserve Binance shares wallet addresses and activity after proof of reserve pledge

In light of the FTX liquidity crisis and the almost-acquisition by Binance, Binance CEO Changpeng “CZ” Zhao assured his community that his network would provide full transparency on asset holdings.

10.11 / 16:43

business Binance Social Media Media Claims and rumors fuel crypto market turmoil amid FTX collapse

While information leaks and unconfirmed reports can be a way for the truth to reach the public, they can also be a tool that fans the flames to grow even further in an already burnt-out crypto market.

10.11 / 15:13

Binance CFTC SEC Legal collapses Most of FTX Legal Team Depart as Exchange Collapses

An issue that seems to have massively contributed to major crypto exchange Binance’s decision not to acquire FTX is that a significant part of the latter’s team went for the exit.

10.11 / 15:13

Lowe's Binance JPMorgan Bitcoin Why Crypto Prices Are Still Crashing and Will The Bleeding Stop Soon?

Crypto prices continue to crash after Binance pulled the plug on its proposed acquisition of FTX and the troubled exchange said it was facing bankruptcy unless it could raise $4 billion.

10.11 / 15:13

Binance FTX fall price crash Crypto Price Crash Update: Why Did FTX Fall? – Here’s What We Know Now

Earlier this week, speculation around the liquidity crunch at FTX sent shockwaves across the entire crypto industry.

10.11 / 13:29

Binance FTX Crypto.com Suspends Withdrawals Crypto.com Exchange Suspends Withdrawals on Solana blockchain as Crypto Prices Crash – Another Exchange in Trouble?

Major cryptocurrency exchange Crypto.com has suspended deposits and withdrawals of two major stablecoins, USDT and USDT, on the Solana blockchain.

10.11 / 13:17

business Binance regulation coinbase Unclear regulations drove 95% of trading activity offshore: Coinbase CEO

Coinbase CEO Brian Armstrong was not delighted with the news about the United States regulators looking into FTX.US along with Coinbase and Binance.US in the wake of the FTX crisis.

10.11 / 11:59

UPS Binance Digital Rescue Deal Binance backtracks on deal to rescue FTX amid crypto firm’s $8bn shortfall

Crypto exchange Binance reversed course on a rescue offer for FTX on 9 November, leaving the prominent digital firm with an uncertain future as it faces a shortfall of up to $8bn, according to people familiar with the matter.

10.11 / 10:47

business cryptocurrency Binance The collapse of FTX — Is this crypto’s Lehman moment?

Kevin Roose (The Shift)

10.11 / 10:25

ETH Binance Bitcoin Rescue Bitcoin Price and Ethereum Prediction, Binance Backs Out of FTX Rescue

The cryptocurrency market continues to experience a massive downtrend. The global crypto market cap fell over 11% to $809 billion the previous day, sending major cryptocurrencies into the red on early November 10. Over the last 24 hours, the entire crypto market volume plummeted 11% to $189 billion.

10.11 / 09:53

Binance solana FTX Time Solana Price Prediction as SOL Plummets 26% – Time to Buy the Dip?

Solana price prediction remains negative, having broken below all significant support levels on all timeframes. Solana has dropped by almost 26% in the last 24 hours and nearly 50% in the last seven days.

10.11 / 07:43

business Binance FTX saga FTX and Binance’s ongoing saga: Everything that’s happened until now

All dates are Coordinated Universal Time (UTC).

10.11 / 07:43

business Blockchain Binance Internet FTX website comes back online with message advising against deposits

Financially-troubled crypto exchange FTX has brought its website back online following a period of intermittent downtime — with the trading platform now sporting a banner confirming withdrawals are halted and advising users against depositing.

10.11 / 06:31

cryptocurrency Binance FTX Bitcoin Crypto markets face ‘cascade’ of margin calls from FTX crisis, says JPMorgan team

Crypto markets face weeks of deleveraging in the fallout from the crisis at digital-asset exchange FTX.com, a period of upheaval that could push Bitcoin down to $13,000, according to JPMorgan Chase & Co. strategists.

10.11 / 05:17

business Ethereum Binance Google Solana TVL drops 32.4% as FTX turmoil rocks ecosystem

The total value locked (TVL) on the Solana chain has plummeted 32.4% in the last 24 hours, as news stemming from the collapse of FTX has sent waves through the crypto ecosystem.

10.11 / 02:01

markets Binance Bitcoin analysts Low Bitcoin price hits multi-year low at $15.6K, analysts expect further downside

Investor sentiment in the crypto market is floundering after Binance decided to nix its agreement with FTX to purchase the distressed cryptocurrency exchange. The events have sent Bitcoin to a new yearly low, while other altcoins have also taken a sharp downturn.

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