Jim Cramer’s recent tweet advising investors to stay away from Binance has provoked a strong reaction from Twitter users. The warning came after the CFTC charged Binance with violating trading and derivatives regulations in a lawsuit filed in federal court. Cramer has long been skeptical of the cryptocurrency market and has warned investors about its … Read more
A whale has moved $33 million worth of Ethereum to Binance in a single transaction, exposing the ETH price to massive volatility levels. The general bullish outlook will be invalidated once PoS token drops below $1,636. Ethereum’s price surged on March 18 when it broke past the $1,800 mark. However, recent market data suggests that … Read more
Binance, the world’s biggest digital-currency exchange, found itself in a precarious situation in 2017. Operating largely from hubs in China and Japan, the exchange nevertheless had a significant customer base in the United States, where regulators were signaling a crackdown on unregulated offshore crypto players. Any lawsuit from U.S. regulators would have been a disaster … Read more