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Binance Beats Lawsuit on Claims of Unregistered Token Sales, as BNB Stalls

Behemoth cryptocurrency exchange Binance has been cleared of all charges, after getting sued in 2020 for allegedly selling unregistered cryptocurrencies. US District Judge Andrew Carter dismissed the lawsuit against the exchange last Thursday after Binance and its CEO, Changpeng Zhao (CZ), filed a motion for dismissal. The lawsuit, with case no.20-02803, was filed in April […]

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US Wall Street 30 Recovers but Struggles Below Level 33440

Key Resistance Zones: 35000, 35500, 36000Key Support Zones: 27000, 26500, 26000 US Wall Street 30 (US30USD) Long-term Trend: BearishUS30USD is in a downward correction as it struggles below level 33440. The bears retested the current support twice before reversing. The index has reached bearish exhaustion. Meanwhile, on February 25 uptrend; a retraced candle body tested […]

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Binance CEO Worth $96 Billion, Now Wealthiest Crypto Billionaire: Bloomberg

Bloomberg has named Binance CEO Changpeng Zhao the wealthiest crypto billionaire, placing his net worth at a staggering $96 billion. Zhao, CZ, now worths more than Indian business tycoon Mukesh Ambani, who, according to the Bloomberg Billionaire Index, has a net worth of $92.9 billion. The recent valuation now puts CZ close to juggernauts like […]

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Binance Repositions to Curry Favor from UK Regulatory Authorities After Ban

Binance CEO Changpeng Zhao (CZ) has shown that the world’s largest cryptocurrency exchange is actively trying to rebuild its UK division, following a clampdown on its operations by the Financial Conduct Authority (FCA) in June 2021. Like Binance.US, Binance’s London division Binance Markets Limited aimed at becoming a separate entity to serve the UK market. […]

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Binance Briefly Disables and Resumes Withdrawal Amid Sharp Bullish BNB Recovery

Earlier today, behemoth crypto exchange Binance (BNB) disabled cryptocurrency withdrawals on its platform, citing a massive backlog as the reason for the withdrawal suspension. The exchange later announced that it had reinstated its withdrawal feature, only to suspend it again before finally turning it on. Binance announced via Twitter around noon (GMT) that: “We have […]

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