Historically, the exchange’s decision to list perpetual contracts tied to smaller tokens has marked major price tops for the those cryptocurrencies.
It appears bitcoin holders are not planning on offloading inventory at these price levels or any time soon, one observer said.
Zhao pleaded guilty to one charge of violating the Bank Secrecy Act on Tuesday.
The decentralized exchange had over $80 million in total value locked before the incident.
After a blockchain sleuth reported that the Bitcoin mining pool may have censored a transaction from an address blacklisted by U.S. authorities, critics responded, and so did the project’s co-founder.
Analysts suggest the Binance deal may have cleared the decks for the long-awaited U.S. spot bitcoin ETF.
Blue-chip institutions including Goldman Sachs and J.P. Morgan are trialing digital asset offerings, seeking cost savings and efficiencies.
The metric helps investors and users to understand whether a blockchain is going to merely survive, or thrive, says Todd Groth, head of research at CoinDesk Indices
The latest price moves in crypto markets in context for Nov. 22, 2023.
HTX withdrawals and deposits have been temporarily suspended, and all losses will be covered by the exchange, Sun said.
