• CFTC investigating Binance
    Cryptocurrencies,  Regulation

    CFTC investigating Binance for American crypto customers: Report

    The enforcement agency may be investigating whether the No. 1 cryptocurrency exchange still serves American clients, despite claims that it does not

    Binance began kicking U.S. customers off its platform in November—even though it had closed its platform to Americans on June 14, 2019—after setting up the independent exchange Binance.US in the country. At the time, Binance CEO Changpeng “CZ” Zhao said Binance.US would “bring the security, speed, and liquidity of Binance.com to North America,” in full regulatory compliance with all U.S. laws.

  • markets report bitcoin price
    Bitcoin,  Markets Report

    Markets Report: Bitcoin hits $54,500 amid rumors Oracle wants 70,000 BTC

    Unsubstantiated reports say that an announcement from Oracle will come this week and could see it become an instant Bitcoin heavyweight

    Bitcoin climbed to within $4,000 of all-time highs on March 9 as rumors swirled over an imminent buy-in which would rival MicroStrategy. The move was music to the ears of traders, who had been waiting for a decisive attack on both $50,000 for support and a flip of resistance higher up at $52,000 to cement the prospect of the bull run continuing.

  • binance survey crypto
    Cryptocurrencies,  People

    Binance Survey: Crypto buyers 4x more likely to regret missed opportunity

    The study also revealed that more than half bought crypto as part of a long-term investment strategy, 38% bought in because of their distrust of the current financial system and 27% because of fear of missing out

    Furthermore, the study also revealed that more than half—55%—bought crypto as part of a long-term investment strategy, 38% because of their distrust of the current financial system, and 27% because of fear of missing out, or FOMO.

  • Five tokenize hashrate BTCST
    Alt coins,  Bitcoin

    Five major Bitcoin miners tokenize their hashrate on BTCST

    The group will tokenize a total of 25 petahash/second of hashpower into Bitcoin Standard Hashrate Tokens, each representing 0.1 terahash per second

    The goal, Binance said at BTCST’s launch, is to “create an efficient market for Bitcoin’s mining power in ways similar to how Grayscale Bitcoin Trust creates institutional liquidity for Bitcoin.”