CryptoNews

Brazil Committee Recommends Indicting Binance Officials, CZ – Legal Bitcoin News

A congressional committee in Brazil has concluded that four Binance officials, among them company CEO Changpeng Zhao (CZ), should be indicted. The suggestion follows a probe targeting crypto platforms suspected of operating pyramid schemes and can potentially affect the global crypto company’s plans in Brazil and add to its legal challenges. Parliamentary Committee Suggests Indictment of Binance…
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Understanding Support & Resistance in Crypto Trading – Learning - Insights Bitcoin News

In the world of crypto trading, there are many ways to identify opportunities, one of the most prominent methods being technical analysis. This is the study and general breaking down of charts using various indicators and charting patterns. One such technique is known as Support and Resistance strategy. Support A support, which is also known as a floor, is the lower horizontal line holding up…
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Report: Cyprus Mulls Imposing Hefty Fines on Unregistered Crypto Service Providers – Regulation Bitcoin News

Crypto firms that operate in Cyprus without registration may soon be fined as much as $350,000 while individuals behind such firms could face up to five years in jail. The Finance Ministry says its proposals, which are included in a draft recently submitted to parliament, seek to align the country’s laws with the standards set by the Financial Action Task Force. Draft Sent to Parliamentary…
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Bitcoin, Ethereum Technical Analysis: BTC Hits 10-Day Low, Caroline Ellison Confirms Fraud on Behalf of SBF – Bitcoin News

Bitcoin slipped to a ten-day low in today’s session, as the trial of Sam Bankman-Fried (SBF) continues. Caroline Ellison, the former CEO of Alameda Research, alleged that she committed fraud at the behest of SBF. Markets also declined ahead of the upcoming U.S. Producer Price Index, which is a key gauge of inflation. Bitcoin Bitcoin (BTC) moved lower for a fourth straight day, with many traders…
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