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Binance is having a weird moment, perhaps most clearly illustrated by the fact that a national government detained two of its executives for a month now – and one is only free because he seemingly escaped custody.
You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions.
Tax evasion
The narrative
Nigeria and the Philippines have recently cracked down on Binance in extremely different ways, while what used to be Binance in Russia is shutting down.
Why it matters
Binance has been the poster child as the target of governments' ire against the crypto industry. Actions like last year's joint U.S. Department of Justice, Treasury Department and Commodity Futures Trading Commission settlement against Binance support the thesis that Binance hasn't played within regulatory guidelines in the past. And then there's whatever is going on in Nigeria.

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Top Altcoins for 100% Profits This Week!
The post Top Altcoins For 100% Profits This Week! appeared first on Coinpedia Fintech News
The cryptocurrency industry continues to trade under a strong bullish influence indicating a rise in the investor’s interest toward these altcoins. Further, the month of March has started with a strong bullish sentiment, indicating a positive outlook for the upcoming weeks.
This article consists of the top 4 altcoins that have the potential to record a jump of 100% to their respective portfolios over a short time frame based on their historic price sentiments.
Pepe (PEPE):
The PEPE price traded in a closed range between $0.00000085 and $0.00000200 for a brief period, indicating weak buying and selling pressure for the token in the market. As the market volatility grew, the bulls regained momentum and recorded a jump of 125% in valuation.
After trading sideways for a while, the bulls recorded a jump of approximately 99% in value. Following this, the price faced rejection at $0.00000785, it traded sideways for the next four days. Since then, the price has been trading under a bullish influence.
TradingView: PEPE/USDT
The Moving Average Convergence Divergence (MACD) displays a decline in the green histogram, indicating weak buying and selling pressure in the crypto industry. Further, the average shows a bearish curve, suggesting a mixed sentiment in the crypto market.
If the market pushes the price above the resistance level of $0.000010, the bulls will continue to gain momentum and test its upper level of $0.0000160 in the coming time. Conversely, a bearish trend reversal may pull the price toward its lower support level of $0.00000755.
Baby Doge Coin (BabyDoge):
The Baby Doge Coin price traded in a narrow space between $0.00000000111 and $0.00000000136 for over two weeks, highlighting weak buying and selling pressure for the coin in the market. Following this, the bulls gained just enough momentum to break out of the resistance level where it displayed a neutral trend for the next few days.

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