Author: John Smith
Binance maintains its dominance in trading volume, outpacing competitors while navigating complex regulatory landscapes. Binance, the world’s largest cryptocurrency exchange by trading volume, has reached a milestone of 250 million users. https://twitter.com/binance/status/1874738855502553381 This achievement reinforces its leading position in the crypto market, with a 24-hour trading volume of approximately $17 billion. Binance significantly outpaces competitors such as Bybit, which reported $5.3 billion, and Coinbase, at $3.6 billion. Cryptocurrency exchange volume | Source: Coinmarketcap Despite its dominance in trading volume, Binance navigated several regulatory challenges in 2024. In the United States, it faced allegations of securities violations from the SEC. In…
Binance fortifies its presence in Brazil with approval to acquire Sim;paul, a licensed broker-dealer. On Dec. 2, Binance announced that it had received full regulatory approval from the Banco Central do Brasil, Brazil’s central bank, to acquire a domestic financial institution. This move highlights Binance’s ongoing efforts to expand its global footprint. According to Binance CEO Richard Teng, the acquisition of Sim;paul grants the company access to securities distribution and electronic money licenses. Teng noted that the development builds on Binance’s existing compliance efforts in Brazil and marks the company’s 21st global regulatory milestone. The world’s largest centralized cryptocurrency exchange…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Rexas Finance (RXS) positions itself as the next evolution in blockchain, aiming to redefine asset tokenization and follow in the footsteps of Ethereum and Polygon Which Altcoin will create generational wealth? Due to its approach to expanding the limits of blockchain, Ethereum experienced mass adoption and a significant price surge. This pattern replicated itself in 2021, when Polygon introduced a solution to Ethereum scalability, thus making dApps more affordable and fast. Now, looking at 2025, another player has an…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Cutoshi is making waves in the meme coin world, raising over $1.45 million and selling 74.5 million tokens in just two months, with its presale continuing to gain momentum. Cutoshi has pulled off what most meme coins can’t. In just two months, the project has raised over $1.45 million and sold over 74.5 million tokens in its presale. This is fast growth for a Memefi project still building its ecosystem. With six stages left, the presale shows no signs…
Kekius Maximus meme coins on Ethereum and Solana plummet after Elon Musk changes his profile photo and X page name. Kekius Maximus, a meme coin on Ethereum (ETH), crashed from its $380 million market cap on Jan. 2 after Musk removed the character from his X account’s name and avatar. The Ethereum-based Kekius Maximus token launched on Dec. 14 as a playful mix of crypto jargon and pop culture. “Kek” is crypto slang for something funny or ridiculous, while “Maximus” references Maximus Decimus Meridius, the main character in Ridley Scott’s Gladiator (2000). Musk briefly adopted the Kekius Maximus name for…
Bitcoin mining stocks could see massive growth in 2025, according to a report by H.C. Wainwright & Co. The equity research estimates that the market cap of Bitcoin mining companies will surpass $100 billion in 2025, up from $36 billion in 2024—a nearly 200% increase. This surge is attributed to improving mining economics and the ongoing Bitcoin (BTC) bull market, according to analysts. The report points to key factors driving optimism, including Bitcoin’s recent price appreciation and the continued success of spot Bitcoin ETFs in the U.S. These ETFs, approved earlier in 2024, have brought in $35.3 billion in net…
A Manhattan hearing today saw Terraform Labs co-founder, Do Kwon, deny charges tied to the TerraUSD collapse. Do Kwon, the co-founder the co-founder of Terraform Labs, pleaded not guilty to criminal fraud charges in a Manhattan federal court on Thursday after being extradited from Montenegro, according to Reuters. The charges stem from his role in the collapse of the TerraUSD and Luna cryptocurrencies, which erased an estimated $40 billion in market value in 2022. Do Kwon ‘misled’ investors Federal prosecutors allege that Kwon misled investors about TerraUSD’s stability, claiming in 2021 that its value was maintained by a proprietary algorithm.…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Rexas Finance (RXS) gains attention for its presale surge and potential 13,500% growth through real-world asset tokenization. Rexas Finance (RXS), a blockchain project exhibiting explosive development during its presale, is a topic of great interest among savvy investors and cryptocurrency enthusiasts. Dubbed the “Shiba Inu Killer,” RXS is generating buzz with its creative approach to real-world asset tokenization and startling expansion possibilities. With its present presale price of $0.175 at stage 11 after seeing a 485% rise from $0.030…
The T3 Financial Crime Unit, a joint effort by Tether, TRON, and TRM Labs, has frozen over $100 million in criminal assets. Launched in August 2024, the T3 Financial Crime Unit, also known as the T3 FCU, has rapidly become a model for public-private partnerships in blockchain security. According to a Tether (USDT) release, the unit collaborates with law enforcement agencies worldwide to identify and disrupt criminal networks involved in money laundering, investment fraud, blackmail, and terrorism financing. These crimes have long been a concern for regulators as digital assets gain mainstream popularity. “Criminals now have 100 million reasons to…
Ethena price rises for two straight days as annual revenue increases and a Chainlink whale buys its token. Ethena (ENA) rose to an intraday high of $1.07, crossing the critical resistance level of $1 for the first time in over a week. According to LookOnChain, a whale converted 84,370 Chainlink (LINK) tokens, worth $1.9 million, into ENA tokens. The transaction likely indicates the whale’s expectation that Ethena will outperform Chainlink in the long term. It could also reflect a desire to diversify his portfolio. According to DeBank, the whale still holds Chainlink tokens worth $2.2 million. His portfolio also includes…