Tuesday, May 7, 2024
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Binance, Changpeng Zhao agree to $4.3b deal with US authorities; whales exploring emerging crypto AI presale

Binance CEO Changpeng Zhao has agreed to pay $4.3 billion to settle money laundering allegations with U.S. authorities. This significant settlement will impact Binance’s net worth and likely affect the price of its native token, BNB. Investors are already reacting to the news, with BNB declining by over 17%. Investors seeking

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BTC price bounces at 1-week lows as Bitcoin whales sell into $35K

Bitcoin (BTC) tested $35,000 support into the Nov. 14 daily close as sell-side pressure sparked multiday lows.BTC/USD 1-hour chart. Source: TradingViewBTC price sheds $1,000 in an hourData from Cointelegraph Markets Pro and TradingView tracked a swift retreat for BTC price action, which fell over $1,000 in a single hourly candle.The

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Lookonchain reports whales are dominating the Ethereum market with big sales

In a Nov. 14 post, the cryptocurrency on-chain data analysis firm Lookonchain reports whale activity amid Ethereum price surge. Notable sales have included a $154 million profit for one whale and a loss of $183 million for another. Whale movement on chain In the thread, Lookonchain points to the whale at address “0xee47,”

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