Monthly Archives: July 2024

Binance.US Prepares for Continued Battle with the SEC The American division of the Binance cryptocurrency exchange, Binance.US, is gearing up for a renewed confrontation with American regulators. Binance.US recently issued a statement expressing its readiness to continue fighting the U.S. Securities and Exchange Commission (SEC). The platform team noted that the court ruled in favor[Read more…]

What is Venus (XVS)? Venus (XVS) operates as a decentralized lending platform and synthetic stablecoin protocol on the BNB Smart Chain, enabling users to lend or borrow assets without seeking permission. Interest rates are automatically set based on demand. Users can also generate synthetic stablecoin (VAI) through over-collateralized positions, bridging traditional financial lending with decentralized[Read more…]

Coinbase Cites Judge’s Ruling in Binance Case Coinbase is building on the momentum from Judge Amy Berman Jackson’s ruling in the United States Securities and Exchange Commission v. Binance case. The exchange cited her precedent-reinforcing decision that secondary sales of Binance’s BNB token do not constitute securities sales under the criteria listed in the Howey[Read more…]

The Ongoing Legal Battle The ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) continues to heat up, with Ripple referencing the partial win of crypto exchange Binance. Ripple, along with other cryptocurrency-based firms, including Binance, argues that the regulatory landscape for digital assets lacks clarity and consistency. Ripple Leverages Binance’s[Read more…]

Binance Coin Price Prediction: Navigating Volatility and Legal Challenges Binance Coin (BNB), the native token of the Binance exchange, has experienced significant market volatility and legal challenges. Despite these hurdles, a recovery seems imminent from key support levels. Highlights Descending triangle pattern may lead to further losses if support breaks. Legal battles with the SEC[Read more…]

The Rise of Innovative Cryptocurrencies The cryptocurrency market is abuzz with excitement, spotlighting innovative coins such as Fetch.ai, Raboo, and BNB. These tokens are not merely riding the wave of market hype but are distinguished by their unique features, robust performance, and promising growth potential. Analysts are bullish on these cryptocurrencies, considering them top picks[Read more…]

Thorchain Investors Turn to New Opportunities After experiencing a significant 35.5% decrease last month, Thorchain investors are turning their attention to new opportunities, while the recovery of BNB’s price remains uncertain due to dwindling trading volumes on Binance. BlockDAG (BDAG) Emerges as the Leading Crypto Presale Meanwhile, BlockDAG (BDAG) is rising as the leading crypto[Read more…]

Who Will Be the Next Meme Coin to Take the Market by Storm? The cryptoverse can be chaotic, with so many projects competing for attention. Binance, the titan of exchanges, and Shiba Inu coin set the bar high for newcomers in the space. Surprisingly, a new project has shown up, quietly gaining fans and surpassing[Read more…]

Thorchain Investors Weather the Storm Despite RUNE’s Price Fall Investors in Thorchain are exploring new opportunities following a substantial 35.5% drop last month. Thorchain’s native token, RUNE, has seen a notable decline, now trading at $4.38, a significant drop from its first-quarter peak of $10.62. Despite this decline occurring without any adverse news, investor confidence[Read more…]

Binance Celebrates Partial Victory Against SEC Binance, a leading cryptocurrency exchange, is celebrating a significant legal milestone in its ongoing battle with the U.S. Securities and Exchange Commission (SEC). Recently, a federal court dismissed several key SEC claims against Binance, marking a notable triumph for the exchange and the broader cryptocurrency industry. HIGHLIGHTS Binance celebrates[Read more…]