BNB price (Binance coin) is slowly recovering above $245 against the US Dollar. The price might face heavy resistance near $268 and $270. Binance coin price is attempting a recovery wave above $230 against the US Dollar. The price is now trading below $280 and the 100 simple moving average (4 hours). There was a…
Binance, the largest global cryptocurrency exchange, has quietly changed its terms of service after the United States Securities and Exchange Commission (SEC) filed a complaint at the District Court for the District of Columbia on June 5. Meanwhile, BNB prices continue to crash, dropping to register new 2023 lows as when writing on June 12. Binance Changes…
BNB price (Binance coin) is down over 25% and trading below $250 against the US Dollar. The price could drop further toward the $200 support. Binance coin price is moving lower below the $250 support against the US Dollar. The price is now trading below $250 and the 100-day simple moving average. There is a…
Binance finds itself entangled in a lawsuit filed by the US Securities and Exchange Commission (SEC), dealing a heavy blow to BNB, the token issued by Binance. The allegations leveled against the crypto exchange suggest its involvement in unlawful activities, specifically multiple violations of securities laws. Consequently, the impact of these allegations manifested as substantial…
BNB is currently displaying bearish signs that suggest a possible continuation of the ongoing downtrend, surpassing the expectations of many investors. Despite initial hopes for a swift recovery, the persistence of these bearish signs compels investors to explore the implications and brace for the possibility of a more prolonged downturn, provoking further scrutiny of the…
Binance Coin (BNB) has been one of the top-performing cryptocurrencies in recent years, with its value rising significantly since its launch in 2017. However, the coin has experienced a sharp decline in value following the recent Securities and Exchange Commission (SEC) complaint against Binance.US and increased regulatory oversight by the US watchdog. Currently, BNB is…
The SEC just dropped a bombshell on Binance.US, the American arm of the world’s largest cryptocurrency exchange. The regulator filed an emergency action application against Binance.US to freeze its assets, as part of the regulator’s recent crackdown on the crypto exchange. Protecting Customer Funds On Binance According to the documents filed with the court, the…
BNB price (Binance coin) is moving lower below the $310 support against the US Dollar. The bears could gain strength if there is a close below $300. Binance coin price is moving lower from the $318 resistance against the US Dollar. The price is now trading below $310 and the 100 simple moving average (4…
BNB price (Binance coin) is struggling to clear the $315 resistance against the US Dollar. It is declining and remains at risk of a move below $300. Binance coin price is moving lower from the $315 resistance against the US Dollar. The price is now trading below $312 and the 100 simple moving average (4…
A United States District Judge, Amos Mazzant, has ruled that Binance, the world’s largest cryptocurrency exchange by client count, is not liable for the loss incurred by a Texan woman named Divya Gadasalli who lost $8 million in a pig butchering scheme. Binance Is Not Liable In a ruling on May 22, Judge Amos dismissed the…