XRP Breaks $0.60 Amid Legal and Political Developments
XRP surpasses $0.60 for the first time since April, driven by optimism surrounding the SEC vs. Ripple case and evolving crypto political landscape.
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Binance Co-Founder Urges Action on X Crypto Scams
Yi He, co-founder of Binance, has called upon Elon Musk to address the proliferation of cryptocurrency scams on the social media platform X (formerly Twitter), claiming that users have lost significant funds due to impersonation scams.
Binance Resumes Mastercard Crypto Purchases
Binance has resumed allowing Mastercard users to purchase cryptocurrencies on its platform, following an extensive review of the exchange’s controls and processes by Mastercard. However, Mastercard withdrawal services have not been restored yet but are expected to be added later.
Binance Coin (BNB) Price Predictions 2024
Binance Coin (BNB) is experiencing a bullish momentum, with a 5% price increase in the last week. Crypto analytics platforms predict BNB could reach new all-time highs in June, potentially spiking by 19% to $700 by June 20, driven by the overall market rally.
Crypto Rivals’ Contrasting Fates
The fierce rivalry between crypto titans Changpeng Zhao (CZ) of Binance and Sam Bankman-Fried (SBF) of FTX came to an anticlimactic end, with CZ receiving a four-month prison sentence and SBF a 25-year term for their respective roles in the downfall of the crypto industry.
Binance to List Renzo (EZ) in 53rd Launchpool
Binance, the world’s largest cryptocurrency exchange, will list Renzo (EZ), the native token of the liquid staking protocol Renzo, as its 53rd Launchpool project on April 30, providing users with an opportunity to secure an allocation of the token.
Binance’s Crypto Trading Dominance Wanes, Market Share Drops to 55%
Binance has experienced a significant decline in its market share, dropping from 81% to 55% of global crypto trading volumes within a year, as reported by Kaiko.
BNB Price Analysis: Bears Gain Control, Key Support Levels to Watch
The recent price analysis of BNB (BNB) indicates that bears have taken control as the cryptocurrency slipped below the 50-day simple moving average, signaling potential further downside towards crucial support levels.
EU Watchdog Warns of Crypto Exchange Concentration Risks
The European Securities and Markets Authority (ESMA) has raised concerns about the high concentration of crypto trading on a handful of exchanges, with Binance alone accounting for about half the market. This raises questions about the potential impact of a failure on the wider crypto ecosystem.
Binance Faces Ban in Philippines Amid Regulatory Crackdown
The Philippine Securities and Exchange Commission (SEC) has obtained approval from the National Telecommunications Commission (NTC) to block access to Binance’s website and associated services nationwide, citing the exchange’s unlicensed operations in the country.