Author: American Coins & Gold

Binance Will Retain Its International Dominance After U.S. Settlement: Bernstein
The deal also removes the final hurdle before approval of a spot bitcoin ETF, the report said.

Binance Processes Nearly B in Net Outflows as Changpeng ‘CZ’ Zhao Resigns
Data shows the exchange sits on over $67 billion worth of tokens, easing concerns of a possible bank run.

Genesis Sues Gemini to Recover 'Preferential Transfers' Worth 9M
Crypto lender Genesis Global Capital has sued cryptocurrency exchange Gemini Trust, its former business partner, to recover more than $689 million.

Crypto Traders Load Up on Bitcoin Topside Option Plays After Binance's Guilty Plea
We have seen interest in loading up more topside with strong demand for the March 2024 expiry calls, one OTC desk said.

Crypto Traders Load Up on Bitcoin Topside Option Plays After Binance's Gulity Plea
We have seen interest in loading up more topside with strong demand for the March 2024 expiry calls, one OTC desk said.

Sam Altman to Return as OpenAI CEO Following In-Principle Agreement
“I’m looking forward to returning to openai, and building on our strong partnership with msft (Microsoft),” Altman said in a post early Wednesday.

Over 0M in Crypto Futures Bets Liquidated as Bitcoin Slumped Under K on Binance Settlement
The overnight price volatility in bitcoin and other cryptocurrencies washed out a notable chunk of leverage from the market, with bitcoin alone seeing more than $65 million worth of liquidations in futures markets.

Bitcoin and BNB Recover as Binance Plea Seen Boosting Spot ETF Odds
Some observers believe Binance’s downfall has boosted the spot-ETF approval odds.

Is Binance Big Enough to Survive a .3B Fine and Founder CZ’s Ousting?

Binance's Busy Day, Kraken's Second SEC Fight
Binance is paying one of the largest fines in corporate history to the U.S. Department of Justice, while its founder and CEO, Changpeng “CZ” Zhao, stepped down from his role running the platform as part of a settlement with multiple federal agencies. Meanwhile, Kraken is facing a lawsuit from the U.S. Securities and Exchange Commission that echoes the SEC’s previous wave of suits.