Binance Issues Stern Quit Notice to US Users, Gives 14 Days Ultimatum
Binance expects its users to transfer their holdings to its US subsidiary which, though regulated, is not yet available in all the 50 states of America.
Everything you need for the flagship crypto: from price movements and halving cycles to institutional adoption, on‑chain metrics and market strategy around Bitcoin. Follow how Bitcoin’s narrative evolves, why it matters to global finance, and what shifts could impact its future role as digital gold.
Binance expects its users to transfer their holdings to its US subsidiary which, though regulated, is not yet available in all the 50 states of America.
According to the report, Grayscale had about $5.9 billion in assets under management. Interestingly, this has recorded a massive surge to over $10 billion.
Bitcoin crossed $18,000 as it points towards an all-time high of $20,000. The last time Bitcoin traded a $20,000 was in December 2017. Altcoins have started following BTC on its way to new record levels.
Bitcoin is experiencing a bull run in its price that is comparable to the record set when it hit its all-time high back in December 2017. Will this new record be set? The experts shared their views.
The PayPal CEO noted that the COVID-19 pandemic has brought a fundamental shift in the use of money and has been a catalyst for digital payments. It’s only a matter of time that crypto use comes to the mainstream, he said.
The world of crypto is increasingly moving towards a larger intersection between the traditional world of finance and that of cryptocurrency.
While there’s no explanation given by CCB, the recent withdrawal of the blockchain bond has left investors upset. The Malaysian crypto exchange Fusang expressed disappointment on CCB’s decision.
Konstantin Anissimov, Director at CEX.IO, shares insights about the bitcoin and ethereum weekly price movements.
Based on his stock-to-flow (S2F) model, PlanB is pretty confident that Bitcoin (BTC) price will 5x within the next 12 months with the phase 5 bull run triggering in January 2021.
Experts and analysts believe that BTC price growth has become possible thanks to the increasing adoption of Bitcoin by numerous firms.
It looks like Bitcoin bulls are preparing to take the BTC price above its all-time high of $20,000. While the BTC market rally has been overwhelming, several Bitcoin proponents thin that there’s a lot more to come in 2021.
Bitcoin has rallied approximately 124.3% in the past one year and is now up 17.4% and 12.3% in the past two weeks and seven days respectively.
A series of significant price jumps have made Bitcoin dominance to escalate steadily over the last six weeks.
DAiM will work closely with the companies as their advisor in order to help them create a 401(k) plan with a Bitcoin allocation of up to 10%.
A day after the reported release of the OKEx founder, the crypto exchange announced that it will soon be resuming withdrawals. Amid the crackdown by Chinese authorities, OKEx withdrawals remained suspended since October 16. The exchange noted that it has restored all other security measures now.