Another two executive departures, in the United Kingdom and France, have extended a string of managerial exits at Binance this year. They come as the leading cryptocurrency exchange faces continued regulatory pressure in a number of jurisdictions in Europe and beyond.
Binance U.K., Bifinity Top Executive Quits Job
Jonathan Farnell, who was at the helm of Binance’s operations in the U.K. and…
Crypto ATMs Vanish at Rapid Rate in 2023, Data Highlights Downward Trend Peaked in July – Bitcoin News
October 25, 2023
2023 has marked a notable decline in the number of crypto automated teller machines worldwide, plunging to levels not seen since November 2021. Data from coinatmradar.com reveal that July witnessed the steepest fall, with 4,123 crypto ATMs vanishing from the industry.
The…
Bitcoin, Ethereum Technical Analysis: BTC Explodes Above $35,000 as ETF Speculation Intensifies – Market Updates Bitcoin News
October 25, 2023
Bitcoin rallied to its highest level since May 2022, as bullish sentiment exploded throughout the market. The surge came as traders believed a United States SEC announcement was imminent, over a bitcoin exchange-traded fund (ETF), likely from Blackrock. Ethereum also rose…
Biggest Movers: XRP Extends Recent Gains, Rising to 8-Week High – Market Updates Bitcoin News
October 24, 2023
XRP rose for a fourth straight day on Tuesday, as overall sentiment in the market was mostly bullish. The global crypto market cap is nearly 10% higher at the time of writing, with the likes of bitcoin trading at a 17-month high. Cardano also surged, recording a 2-month peak.
XRP
XRP, formerly ripple, was one of Tuesday’s biggest movers, as the token rose by as much as 10% today.
After trading…
Binance Latam Regional VP: 'We Intend to Become Regulated in Argentina' – Bitcoin News
October 24, 2023
Min Lin, Latam regional vice president at Binance, referred to the intention of the institution to become regulated in Argentina after a specific law to license crypto brokers is approved. Lin stated the exchange is talking with regulators to introduce innovation in…
Join the Economic Freedom Nexus — No BS Crypto News in the Context of Permissionless Exchange – Op-Ed Bitcoin News
October 24, 2023
We all know central bank digital currencies (CBDCs) are the furthest thing there is from actual cryptocurrency. That “financial inclusion” usually just means more laws preventing poor people from free exchange and survival in broken, state-run fiat madhouses. The…
Bitcoin, Ethereum Technical Analysis: BTC Closes in on $31,000 as S&P 500 Plunges to 4-Month Low – Market Updates Bitcoin News
October 24, 2023
Bitcoin started the week surging towards the $31,000 level, as the S&P 500 fell to a four-month low. Momentum in crypto markets has remained mostly bullish in recent days, following speculation on upcoming exchange-traded fund (ETF) approvals by the United States SEC. Ethereum rose above the $1,700 mark.
Bitcoin
Bitcoin climbed to a fresh multi-month high to start the week, as market sentiment…
Hong Kong Regulators Restrict Retail Investor Access to ‘Complex’ Crypto Products – Regulation Bitcoin News
October 23, 2023
The securities regulator and the central banking institution of Hong Kong have updated the region’s crypto policy in response to enquiries from the industry. In a circular on the virtual asset-related activities of intermediaries, the authorities introduced additional…
Does Block.one Eclipse Microstrategy in BTC Reserves? Deciphering the Bitcoin Treasury Lists – Bitcoin News
October 23, 2023
This weekend, bitcoin enthusiasts discussed the latest update to bitcointreasuries.net, which offers a new visual of the various companies, countries and funds with bitcoin on their balance sheets. The site indicates that Microstrategy owns 158,245 BTC, while Block.one, the…
People’s Bank of China Governor Vows to Curb Crypto Speculation – Regulation Bitcoin News
October 23, 2023
The new governor of China’s central bank has promised to stop speculation associated with cryptocurrency transactions in the country. Pan Gongsheng made the vow in a report detailing measures to maintain the stability of the Chinese financial market and prevent risks.
PBOC Prepares to Crack Down on Cryptocurrency Speculation and Money Laundering
The People’s Bank of China (PBOC) must adhere to…