News

: Dow ends over 180 points higher as stocks score pre-Thanksgiving gains

Stocks ended higher Wednesday in the final, full trading session of the week, extending a strong November rally that’s been accompanied by a pullback in Treasury yields and hopes for a so-called soft landing for the economy. U.S. markets are closed Thu...

News

22 Nov 2023

Binance Sees $1.7 Billion in Withdrawals Post DOJ Settlement, Nansen Reports Decline in Crypto Reserves

Following the settlement with the U.S. Department of Justice (DOJ), Binance, the world’s leading crypto exchange by trading volume, has experienced a significant withdrawal of approximately $1.7 billion in digital assets, as reported by Nansen, a blockchain analysis company. This substantial outflow of funds from Binance occurred shortly after the settlement. As of the latest […]

22 Nov 2023

No ‘mass exodus of funds’ following Binance-DOJ settlement — Nansen

Roughly 24 hours following the announcement of a settlement with U.S. officials, Nansen reported Binance’s total holdings increased to more than $65 billion.

22 Nov 2023

Hester Peirce says SEC shouldn’t block spot Bitcoin ETFs, speaks on Binance resolution

Commissioner Hester Peirce of the U.S. Securities and Exchange Commission (SEC) commented on pending spot Bitcoin ETFs to Bloomberg on Nov. 22. Peirce said that, although she cannot comment on currently active ETF proposals, she is open to approving such a product. She said: “I’ve been very transparent that I’ve thought for many years now […]
The post Hester Peirce says SEC shouldn’t block spot Bitcoin ETFs, speaks on Binance resolution appeared first on CryptoSlate.

22 Nov 2023

Bitcoin’s Anti-Censorship Ethos Surfaces After Mining Pool F2Pool Acknowledges ‘Filter’

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.

22 Nov 2023

MAYC ripoff creator pleads guilty, G2A opens NFT platform: Nifty Newsletter

The creator of the Mutant Ape Planet NFT collection pleaded guilty to wire fraud in a New York federal court.

22 Nov 2023

Bitcoin derivatives traders target $40K BTC price now that Binance is resolved

BTC futures and options held firm despite a wave of negative news, and data shows traders targeting $40,000.

22 Nov 2023

: Oil futures end lower after OPEC+ reschedules its meeting

Oil futures settled lower on Wednesday, as OPEC+ decided to reschedule its meeting this weekend to Nov. 30 and U.S. government data revealed a hefty weekly increase in U.S. crude supplies. There appears to be “rumble in the jungle” among OPEC members o...

News

22 Nov 2023

Binance Settlements Could End Death-Spiral Fears – And Might Be Good News

The crypto exchange Binance's expensive deal with U.S. prosecutors this week bears harsh consequences, but could mean a positive outlook for the company in the long term.

22 Nov 2023

Bitcoin Shakes Off Binance News, Rises Above $37K as Spot ETF Approval Eyed

The world's largest crypto exchange agreed to settle U.S. criminal charges and its founder and CEO pled guilty and agreed to step down from the company.

22 Nov 2023

Binance CEO CZ’s downfall is ‘the end of an era’ — Charles Hoskinson

The Cardano founder claimed that crypto entrepreneurs must comply with regulations or use completely decentralized systems in the future.

22 Nov 2023

Imminent Bittrex Global closure triggers $10k Bitcoin premium on platform

Bittrex Global’s imminent closure has led to Bitcoin (BTC) trading at a substantial premium exceeding $10,000, data from its website shows. The exchange’s BTC/US Dollar pair surged to $46,300 before retracing to $44,613 as of press time, significantly surpassing the current average price of $36,450 on major platforms like Binance and Coinbase. Data from Tradingview […]
The post Imminent Bittrex Global closure triggers $10k Bitcoin premium on platform appeared first on CryptoSlate.

22 Nov 2023

Binance’s American VIPs: A Revealing Look at High-Net-Worth Influence Amid DOJ Settlement

On Tuesday, charges against crypto exchange titan Binance Holdings Limited were revealed by the U.S. Department of Justice (DOJ), which reached a significant $4.316 billion settlement with the world’s largest crypto exchange for noncompliance with anti-money laundering (AML) laws. Despite Binance’s 2019 claims to bar U.S. users, prosecutors asserted the firm persisted in providing market […]

22 Nov 2023

Ripple CLO optimistic following Binance settlement, lambasts SEC’s ‘juvenile behavior’

Ripple Chief Legal Officer Stuart Alderoty believes the recent resolution of anti-money laundering violations by Binance via a settlement with the U.S. Department of Justice (DOJ) is a significant step towards aligning the crypto industry with essential legal and safety standards. Alderoty noted in a series of tweets that major banks have previously undergone similar […]
The post Ripple CLO optimistic following Binance settlement, lambasts SEC’s ‘juvenile behavior’ appeared first on CryptoSlate.

22 Nov 2023

Gold Price Forecast: Rejection at $2000 Level Leaves the Door Open for a Move Lower

Gold’s failure at the $2000 hurdle leaves the precious metal vulnerable to a deeper retracement. Will the lack of liquidity expected the rest of the week help minimize the losses?

Forex

22 Nov 2023

: Airline stocks take flight after Thanksgiving travel season kicks off in a big way

Shares of airline companies saw broad gains Wednesday, after as the latest travel data supported the expectation that Thanksgiving travel would be “busier than ever” this year. The U.S. Global Jets ETF JETS climbed 1.6% toward a two-month high in midd...

News

22 Nov 2023

The Protocol: CZ’s out, Altman’s in, and Kraken’s Sued

In this week's edition of The Protocol newsletter, we share a few trends stand out to close 2023: the proliferation of Ethereum layer-2 networks, the ascendancy of zero-knowledge cryptography and the appearance of tokens, smart contracts and now file h...

22 Nov 2023

Celebrating Kaspa’s 2nd Birthday: $1M Airdrop Campaign With OKX, Coinpal.io

PRESS RELEASE. Massachusetts, USA, November 22nd, 2023, Chainwire. Kaspa, the revolutionary open-source, decentralized, and fully scalable Layer-1 blockchain network, is thrilled to announce its 2nd birthday celebration. To commemorate this significant milestone, together with industry leaders Coinpal.io, OKX Web3, ICERIVER, IGV, and Rhubarb Media to launch a spectacular 1 Million Airdrop Campaign. This campaign will […]

22 Nov 2023

Price analysis 11/22: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, LINK, AVAX

The sharp rebound in Bitcoin and select altcoins suggests that bulls remain in charge and continue to buy at lower levels.

22 Nov 2023

BlackRock met with SEC officials to discuss spot Bitcoin ETF

Representatives from the U.S. Securities and Exchange Commission also met with Grayscale on Nov. 20 in the asset manager’s bid for listing a Bitcoin ETF.

22 Nov 2023

: Capri upgraded to buy at CFRA as it’s trading below the $57 acquisition price being offered by Tapestry

CFRA upgraded Capri Holdings Ltd.’s stock CPRI to buy from hold on Wednesday, and said it’s looking undervalued at its current price. The stock was last quoted at $49.28, below the $57 price offer from rival Tapestry Inc. TPR, which is buying Capri in ...

News

22 Nov 2023

Surge in Bitcoin exchange deposits breaks six-month withdrawal streak

After six months of Bitcoin exchange withdrawals outpacing deposits, a reversal occurred this month, signaling a change in holder behavior. The exchange net flow, which measures the difference between Bitcoin deposits and withdrawals on exchanges, turned positive at the beginning of November, indicating a renewed interest in exchange activities among Bitcoin holders. This shift is […]
The post Surge in Bitcoin exchange deposits breaks six-month withdrawal streak appeared first on CryptoSlate.

22 Nov 2023

HTX exchange loses $13.6M in hot wallet hack: Report

The incident affected the greater HTX, Tron and BitTorrent ecosystem.

22 Nov 2023

Binance Guilty Plea Shows What Crypto’s Really About

Skeptics have had their prejudices reinforced. The two main use cases—fraud and crime—have been exposed in dramatic fashion.

News

22 Nov 2023

Nvidia posts record $18B Q3 revenue, cites generative AI as primary driver

The company posted its record quarter just days after Nvidia stock achieved an all-time high.

22 Nov 2023

: EIA reports a weekly decline in U.S. natural-gas supplies

The U.S. Energy Information Administration reported on Wednesday that U.S. natural-gas supplies in storage edged lower by 7 billion cubic feet for the week ended Nov. 17. The data were released early because of Thursday’s Thanksgiving holiday. On avera...

News

22 Nov 2023

Oil Price Update: OPEC Delays Meeting and EIA Storage Data Rises Again

EIA Crude storage data builds on prior weeks’ levels as a pessimistic economic outlook weighs on future demand. OPEC + Postpones Meeting to 30th of November

Forex

22 Nov 2023

Bitcoin and gold show similar trends as miner shares fall behind spot prices

Quick Take CryptoSlate’s recent analysis has highlighted a growing divergence between Bitcoin miners and the spot price of Bitcoin, hypothesizing a link to the upcoming halving event next year. Intriguingly, this trend seems to echo in the world of precious metals, gold, to be precise. The spot price of gold reached $2,000 this week; this […]
The post Bitcoin and gold show similar trends as miner shares fall behind spot prices appeared first on CryptoSlate.

22 Nov 2023

Genesis Alleges Multi-Million Dollar Preferential Transfers by Gemini Amidst Crypto Turmoil

In a recent legal move, Digital Currency Group’s (DCG) subsidiary Genesis Global Capital LLC has filed a complaint against the crypto exchange platform and custodian Gemini. Genesis hopes to claw back $689 million from the centralized crypto trading platform founded by Cameron and Tyler Winklevoss in 2014. Genesis Targets Gemini in $689M Legal Battle Over […]

22 Nov 2023

PancakeSwap implements new ‘Gauges’ voting system and sunsets vCAKE metric

The decentralized exchange launched a new feature that allows governance tokenholders to vote on which pools will receive the most rewards.

22 Nov 2023