Bitcoin Financial News

Crypto-price aggregator CoinGecko has acquired Zash – a non-fungible token (NFT) data infrastructure platform – to help bring data monitoring for both fungible and non-fungible tokens under one roof.

Outflows from Binance have amounted to more than $1 billion in the past 24 hours, not including bitcoin, according to data from blockchain analysis firm Nansen, after founder and CEO Changpeng Zhao stepped down and pleaded guilty in a deal with the Department of Justice.

Bitcoin (BTC) traded $1,000 off weekly lows after the Nov. 22 Wall Street open as a BTC price relief bounce held firm.

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interest rates would likely remain restrictive for some time, even as the rate-hike cycle appeared to be over. The Fed minutes showed the central bank would proceed «carefully» and that «all participants judged it appropriate to maintain» the current rate setting. Fed officials agreed they would raise interest rates only if progress in controlling inflation faltered, reiterating recent comments by policymakers that left the door open for more tightening even as markets have moved to price rate cuts from early next year. Markets are all but certain that the Fed will hold rates at its December meeting, while pricing in about a 28% chance of a rate cut as early as March, according to CME's FedWatch Tool. «Almost four rate cuts are fully priced for next year and that looks very aggressive,» said Niels Christensen, chief analyst at Nordea. «That said, it's not unusual for the Fed to cut by 50 basis points when they start cutting, so it could be possible,» Christensen added. The dollar index, which measures it against a basket of currencies, was 0.1% higher at 103.68, pulling away from its lowest level since the end of August at 103.17 it touched on Tuesday. The index is down about 2.8% in November and on course for its biggest monthly drop in a year. Analysts said market participants were eager to take money off the table before liquidity fizzles out before the U.S. Thanksgiving holiday. High U.S.

The crypto community on social media has greeted the news of the deal between Binance, Changpeng “CZ” Zhao and the United States Department of Justice (DOJ) mostly positively, hoping it removes one of the last remaining obstacles before the long-awaited approval of a spot Bitcoin exchange-traded fund (ETF).

Five years ago, you couldn’t trade with fiat currency on Binance, yet the exchange was already garnering international attention with the highest trading volumes among its competitors.

Euler Network's is reportedly poised to redefine the market, standing tall alongside stalwarts like Bitcoin in the coin market. Euler Network, paying homage to the mathematical luminary Leonhard Euler, is not just another contender in the crypto arena; it represents a groundbreaking exploration into the future of digital currencies. Taking inspiration from the success of Pi Network, Euler Network aims not only to replicate but to evolve and enhance, carving a niche in crypto history with unprecedented speed and audacity.

Binance , the world’s largest crypto exchange, is expected to maintain its position as the dominant global exchange, even after reaching a settlement with the U.S. Department of Justice (DOJ). 

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Bankrupt crypto lender Genesis Global Capital has filed a lawsuit against cryptocurrency exchange Gemini to recover $689 million in preferential transfers, according to a Nov. 21 court filing.

Creditors of Mt. Gox, a now-defunct Bitcoin (BTC) exchange that lost 850,000 BTC to a hack in 2014, have reportedly received a new email hinting at soon-to-come repayments.

In the rapidly evolving world of cryptocurrency, Bitcoin’s market dynamics have taken a notable turn. On Wednesday, Bitcoin’s trading value experienced a 3% decline, dropping to $36,190. This downward shift in Bitcoin’s trajectory coincides with significant developments in the crypto sphere, including the unexpected dismissal of Binance CEO Changpeng Zhao, a prominent figure in the industry, due to US offenses.

The U.S. Securities and Exchange Commission (SEC) has recently held discussions with Grayscale about converting the Grayscale Bitcoin Trust (GBTC) into its spot Bitcoin exchange-traded fund (ETF).

Vital Block approved after passing comprehensive audits from the blockchain auditing firm. The pioneers have conducted extensive research (both technical and scientific) to unveil a high-performance network that offers Web3 solutions to participants in the Bitcoin ecosystem. The research yielded results, and the imminent blockchain is scheduled for mainnet release soon after the ICO event that has been running for weeks now comes to an end.

Bitcoin's (BTC) market dominance has traditionally been viewed as a key indicator of its market strength. Currently, the metric is at a multi-year high above 51%. 

Executives from crypto asset manager Grayscale have met with the Securities and Exchange Commission to discuss details of its flagship Bitcoin (BTC) trust, which the firm wants to convert to a spot Bitcoin exchange-traded fund (ETF).

Binance, the world's largest cryptocurrency exchange Changpeng Zhao, or CZ, as he is fondly known by crypto enthusiasts, has stepped down from his role after pleading guilty to breaking US anti-money laundering laws, as per a Reuters report. Also Read: What is Binance’s connection with terrorist groups like Hamas, Al Qaeda, ISIS, and Palestinian Islamic Jihad? Explained Zhao agreed to a $4.3 billion settlement deal in a Seattle court on November 21, including a personal payout of $50 million, to resolve the matter, the news agency said quoting prosecutors in the case. They added this is among the largest corporate penalties in the United States' history.

Investing.com-- The price of Bitcoin fell sharply on Wednesday after Changpeng “CZ” Zhao, CEO of Binance, resigned from the world’s largest crypto exchange and pleaded guilty to several criminal charges from the Department of Justice. 

CoinList founder Andy Bromberg believes that spot Bitcoin (BTC) exchange-traded funds (ETFs) are just “watered down crypto” and a sign the industry is heading in the wrong direction, amid growing hype over potential ETF approvals in the United States.