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Richard Teng Expects the Community to Blindly Believe in Binance's "Very Strong" Fundamentals

Richard Teng Expects the Community to Blindly Believe in Binance’s “Very Strong” Fundamentals

Richard Teng expects the community to blindly believe in Binance’s very strong fundamentals in his first blog post as the CEO of Binance. Richard Teng, Binance’s new CEO, recently published his inaugural blog post without committing to increased transparency. Following CZ’s departure, Teng’s post, titled “My First Blog as Binance’s CEO,” aimed to instill confidence […]

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ARK Invest sold $5M in shares of GBTC

Last Week ARK Invest sold $5M in shares of GBTC. But why?

ARK Invest sold $5M in shares of GBTC (Grayscale Bitcoin Trust) last week and this has increased the optimism regarding the Spot Bitcoin ETF approval. ARK Invest sold $5M in shares of GBTC Last week, ARK Invest, led by Cathie Wood, sold an additional 163,722 shares of the Grayscale Bitcoin Trust (GBTC), generating $5.02 million

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Binance USTC Perpetual Contract

LUNC Price Up 60% And USTC 300% after Binance USTC Perpetual Contract

LUNC Price was up by 60% and USTC by 300% after the Binance USTC Perpetual contract the community had really positive feedback towards this and it is expected to re-peg to $1 soon. Binance Futures has made a surprising move by launching the USD-M USTC Perpetual Contract with up to 50x leverage, as announced on

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Bitcoin achieved an annual peak of $38,000

How Bitcoin Achieved an Annual peak of $38,000 ATH of 2023?

A few major factors behind Bitcoin achieved an annual peak of $38,000 has once again demonstrated its influence in the crypto space by surpassing the $38K threshold for the first time this year. Despite a subsequent decrease in price, Bitcoin’s remarkable surge in the past few days has sparked considerable speculation and interest among crypto

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Newly Appointed Binance CEO Richard Teng and Massive Adoption in 2024

Newly Appointed Binance CEO Richard Teng and Massive Adoption in 2024

Richard Teng and Massive Adoption in 2024. At the Binance Blockchain Week, held in Istanbul in November 2023, Richard Teng was interviewed, who was then the Head of Regional Markets at Binance. Note that this was before the latest developments at Binance, including the settlement with the U.S. Department of Justice and the subsequent appointment

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SEC Accuses Kraken

SEC Accuses Kraken of Functioning as an Unregistered Exchange Broker, Dealer, and Clearing Agency

On Monday, the SEC accuses Kraken, a global cryptocurrency exchange, of functioning as an unregistered securities exchange, broker, dealer, and clearing agency. They are currently facing a lawsuit because of prior registration as the regulatory body The Securities and Exchange Commission (SEC) has accused Payward Inc. and Payward Ventures Inc., collectively known as Kraken, of

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JPMorgan Says Bitcoin Could See $2.7B of Outflows if Grayscale Bitcoin Trust ETF Conversion Approved

JPMorgan Says Bitcoin Could See $2.7B of Outflows if Grayscale Bitcoin Trust ETF Conversion Approved

JP Morgan recently said that Grayscale Bitcoin Trust could see $2.7B of outflows if Grayscale Bitcoin Trust ETF Conversion Approved. Since the start of the year, traders have been acquiring GBTC shares at a significant discount. The report highlights a potential scenario where Bitcoin prices might face pressure due to a potential outflow of funds

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As a part of a $4 Billion settlement with the US, Binance CEO CZ steps down

Binance CEO CZ steps down as a part of a $4 Billion settlement with the US

As part of a major $4 billion settlement between the US and the Binance CEO CZ steps down. The announcement from Zhao and multiple regulatory agencies on Tuesday capped yearslong investigations by the Department of Justice and others into anti-money laundering violations and sanctions violations. Binance CEO CZ steps down “I made mistakes, and I

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Worldcoin falls by Double Digits as OpenAI Fires Co-Founder and CEO Sam Altman

Worldcoin falls by Double Digits as OpenAI Fires Co-Founder and CEO Sam Altman

The artificial intelligence (AI) company, OpenAI announced on Friday in a blog post that Sam Altman has been removed from his role as CEO and the board by the board of directors and by that Worldcoin falls by Double Digits. OpenAI’s board of directors announced leadership changes on Friday, leading to the immediate removal of

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Cardano invites Ex OpenAI CEO Sam Altman

Cardano invites Ex OpenAI CEO Sam Altman

Cardano invites Ex OpenAI CEO, to join a decentralized large language model (LLM) project associated with the Cardano partnerchain. Cardano had previously disclosed its integration of the Polkadot stack into its partnerchain. OpenAI recently underwent a shocking leadership shift as Sam Altman was removed as CEO after directing the company’s valuation from $0 to $80

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