Arthur Hayes: Why a weak yen could push BTC to $1 million
Why is the USD/JPY exchange rate the most important global economic variable? What impact will it have on the crypto market?
JinseFinanceWhy is the USD/JPY exchange rate the most important global economic variable? What impact will it have on the crypto market?
JinseFinanceSun's stablecoin USDD depegged, reflecting broader struggles in Poloniex and HTX. Despite past controversies, Sun's ventures face ongoing challenges.
Xu LinLeveraged traders lost more than $165 million as Bitcoin prices plunged 5%.
JinseFinanceA war of words is taking place on CryptoX as Hilary Clinton launches an attack on Bitcoin (BTC), prompting comments from Mike Novogratz.
JinseFinanceCoinbase International Exchange imposes a 10x leverage limit on popular perpetual futures, impacting major cryptocurrencies. Traders face market adjustments, with BTC, ETH, LTC, SOL, and XRP showing declines. Risk management measures include DIM requirements, regularly reviewed to balance access and systemic risks. The exchange, launched in Bermuda, emphasizes regulatory compliance and transparency.
SanyaSince 2017, Binance has been striving to obtain a phased 'partially legal' status in certain global regions through diplomacy, acquisitions, joint investments, philanthropic funding, and other means.
CaptainXBinance and CEO Zhao Changpeng admit intentional violations, facilitating billions in unregulated crypto transactions. Zhao resigns as CEO, faces potential 18-month sentence. Legal battles continue over sentencing and extradition. Binance.US claims independence from Zhao's governance.
CaptainXBinance faces $34 billion in fines from FinCEN and $9.68 billion from OFAC for not reporting over 100,000 suspicious transactions involving terrorism, ransomware, child exploitation, and other illegal activities. Future penalties and strict regulations may impact Binance for the next five years.
CaptainXThe St. Louis Fed published a blog post showing the instability of buying eggs with Bitcoin relative to the U.S. dollar, however, the cryptocurrency community was quick to point out the reality.
Cointelegraph