CFTC: Binance's first COO Samuel Lim was also sued, but Binance refused to provide his Singapore address
🇭🇰 Hong Kong regulators to assist crypto firms with banking in effort to become a digital asset hub.
OKX announced the establishment of a Hong Kong entity and is applying for a virtual asset license
Federal prosecutors in Manhattan accused Bankman-Fried of directing the transfer of at least $40 million of cryptocurrency to benefit Chinese government officials
Consumer confidence and Senate banking committee hearing over the next couple of hours might spice up things a little
The next FOMC meeting in May is almost a 50/50 split between a pause and a hike. June is even more uncertain, with the possibility of a cut, pause, or hike, which is proving bearish for gold and BTC.
There are two key price levels to watch currently: $27,400 and $28,000 for higher targets, and $26,400 for lower targets of $25,500. The range is getting narrower over time, so we can expect a squeeze soon. Long/short volatility is expected.
The CFTC's actions regarding Binance and CZ are also creating short-term panic in the market. The CFTC alleges that Binance itself made the pumps (driven by BUSD/CVD Spot). Binance has a war chest of roughly $35B, with actual liquid assets closer to $30B. They also hold roughly 420k BTC (valued at around $11.5B), $10B in stablecoins, and roughly $8B in ETH.
There are two key price levels to watch currently: $27,400 and $28,000 for higher targets, and $26,400 for lower targets of $25,500. The range is getting narrower over time, so we can expect a squeeze soon. Long/short volatility is expected.
The CFTC's actions regarding Binance and CZ are also creating short-term panic in the market. The CFTC alleges that Binance itself made the pumps (driven by BUSD/CVD Spot). Binance has a war chest of roughly $35B, with actual liquid assets closer to $30B. They also hold roughly 420k BTC (valued at around $11.5B), $10B in stablecoins, and roughly $8B in ETH.
Alpha
The next FOMC meeting in May is almost a 50/50 split between a pause and a hike. June is even more uncertain, with the possibility of a cut, pause, or hike, which is proving bearish for gold and BTC. There are two key price levels to watch currently: $27…
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$27,400 Break ^ can see $30,000
Approximately $200 million worth of Bitcoin was withdrawn from exchanges yesterday, and a total of 34,000 BTC have been taken off exchanges in the past week.
Montenegro Justice Minister: Both the United States and South Korea are seeking the extradition of Do Kwon