- Back to menuPrices
- Back to menuResearch
- Back to menuConsensus
- Back to menu
- Back to menu
- Back to menu
- Back to menuWebinars & Events
Binance
CFTC-Binance Lawsuit Could Worsen Crypto Market Liquidity, Pull Bitcoin Down to $25K: Observers
Low liquidity means a wave of buy or sell orders can have an outsized impact on bitcoin's market price.
CFTC Could Force Binance to Cease U.S. Operations as Part of Settlement: Bernstein
The crypto exchange will look to safeguard its dominant international business, which is its cash cow, the report said.
Binance CEO Zhao Calls CFTC Suit an ‘Incomplete Recitation of Facts’
In a blog post, Changpeng Zhao wrote the company did not agree with the characterization of many of the issues, and touted the exchange’s compliance technology. He also wrote that he had only two Binance accounts.
Judge Puts Voyager Sale to Binance.US on Hold Pending Government Appeal
Federal regulators previously objected to the proposed sale.
Bitcoin Sinks Below $27K After CFTC Files Suit Against Binance
BTC dropped to its lowest level since March 17 after the agency sued the crypto exchange for alleged regulatory violations. The Binance coin (BNB) price declined by 5%.
Bitcoin Briefly Slips Below $27K as CFTC Sues Binance
Bitcoin (BTC) briefly dipped below $27,000 as crypto traders react to the CFTC suing Binance and its CEO Changpeng "CZ" Zhao. In the last 24 hours, Binance has seen a net outflow of $400 million on Ethereum, according to blockchain analytics firm Nansen. This compares to a net flow of $2 billion over the past seven days. Hxro founder Dan Gunsberg weighs in.
Binance Says CFTC Complaint Is 'Unexpected and Disappointing'
Without commenting on any of the specific allegations in the CFTC suit, a Binance spokesperson stated in part, "the complaint filed by the CFTC is unexpected and disappointing as we have been working collaboratively with the CFTC for more than two years." Jones Day Financial Markets Partner and former CFTC Division Director Josh Sterling weighs in on the latest developments.
CFTC Sues Binance and Founder Changpeng Zhao; Microstrategy Pays off Silvergate Loan
Crypto exchange Binance and founder Changpeng Zhao are being sued by the Commodity Futures Trading Commission (CFTC) over allegations that the company knowingly offered unregistered crypto derivatives products in the U.S. against federal law. Separately, a filing with the SEC shows that MicroStrategy (MSTR) prepaid the remaining principal on its $205 million loan from failed Silvergate Bank.
Asset Managers’ Bitcoin Exposure Rises, Reversing Recent Trend
Following three consecutive weeks of reducing long positions, asset managers add 975 long futures contracts, the Commitment of Traders report shows.
Binance Depositors Flee Following CFTC Charges, On-Chain Data Shows
Crypto users have withdrawn roughly $400 million on Ethereum from Binance in the past 24 hours, while Paxos, issuer of the Binance USD, has burned more than $155 million BUSD in the past four hours.
