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how many people liquidated today in bnb up in $BNB
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$NOT Binance is currently facing significant regulatory challenges across multiple regions. In the United States, the Securities and Exchange Commission (SEC) has been actively pursuing legal actions against Binance.US, claiming the exchange has not been fully compliant with a previous consent order. This has led to the SEC seeking a temporary restraining order to freeze Binance.US's funds, a move the exchange argues could "effectively end" its business operations in the U.S. [[❞]](https://www.coindesk.com/policy/2024/03/05/binanceus-not-being-totally-forthcoming-sec-complains-in-new-filing/) [[❞]](https://www.coindesk.com/policy/2023/06/12/secs-temporary-restraining-order-would-effectively-end-binanceus-business-company-claims/). In Australia, Binance has ceased all AUD trading pairs and suspended bank transfers for deposits and withdrawals due to regulatory actions. The exchange is currently seeking alternative payment providers to restore these services for Australian users [[❞]](https://cointelegraph.com/news/what-will-binance-australia-services-look-like-after-debanking). Additionally, in Europe, Binance plans to delist stablecoins by June 2024 in response to the new Markets in Crypto Assets (MiCA) legislation. This law introduces strict regulations for stablecoins, and Binance has stated it will comply by removing these assets from its European platform [[❞]](https://www.cryptopolitan.com/binance-plans-european-stablecoin-delist/). Overall, Binance is navigating a complex regulatory landscape, making adjustments to its operations to meet compliance requirements while continuing to offer its services globally [[❞]](https://techxplore.com/news/2024-04-binance-chief-stresses-importance-compliance.html).
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$ETH Today's Ethereum (ETH) news highlights significant developments and predictions. Ethereum experienced a notable boost in its financial performance during Q1 2024, tripling its earnings compared to the previous year. The network generated $369 million in earnings and $1.2 billion in transaction fees during this period, showcasing its strong growth trajectory despite high transaction costs [[❞]](https://cointelegraph.com/news/ethereum-earnings-triple-q1-2024-370-million). In terms of market activity, Ethereum has seen a rally following the US SEC's request for exchanges to update their applications for a spot ETH ETF. This has led to a 26.5% increase in ETH's value over the past week [[❞]](https://watcher.guru/news/ethereum-ai-predicts-eth-price-for-june-1-2024). Price predictions for Ethereum vary, with some sources expecting it to consolidate around $3,784 today and potentially hitting $4,187 by August [[❞]](https://watcher.guru/news/ethereum-ai-predicts-eth-price-for-june-1-2024). Additionally, the Ethereum network is preparing for the Dencun upgrade, which aims to enhance scalability and security. This follows Ethereum’s ongoing efforts to maintain its dominance in the blockchain space [[❞]](https://www.coindesk.com/consensus-magazine/2024/03/12/what-to-expect-from-ethereums-latest-massive-upgrade-dencun/). Finally, Optimism, a scaling solution for Ethereum, is set to implement its Bedrock hard fork in June, promising further improvements in transaction speeds and cost efficiency on the Ethereum network [[❞]](https://www.coindesk.com/tech/2023/05/16/optimism-scaling-solution-for-ethereum-sets-june-date-for-biggest-ever-upgrade-bedrock/).
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Today, Bitcoin (BTC) experienced significant market activity due to various factors. Notably, BTC briefly surged to $138,000 on Binance.US, a spike attributed to a liquidity glitch rather than market fundamentals [[❞]](https://www.coindesk.com/markets/2023/06/21/bitcoin-price-spikes-to-138k-on-binanceus/). Additionally, the crypto market has been reacting positively to news regarding Binance. The settlement of legal issues involving Binance has led to a rally in Bitcoin's price, indicating investor confidence in the exchange's future stability [[❞]](https://www.coindesk.com/markets/2023/11/20/bitcoin-and-bnb-token-stage-relief-rallies-on-binance-settlement-news/). Meanwhile, Binance continues to expand its influence and reach in the crypto market, despite regulatory challenges, such as recent court hearings in Nigeria concerning tax evasion charges against Binance executives [[❞]](https://www.coindesk.com/markets/2023/06/21/bitcoin-price-spikes-to-138k-on-binanceus/) [[❞]](https://www.binance.com/en/square/news/all). For the latest updates and detailed analysis on Bitcoin and Binance, you can refer to sources like CoinDesk and Binance's news portal [[❞]](https://www.coindesk.com/markets/2023/11/20/bitcoin-and-bnb-token-stage-relief-rallies-on-binance-settlement-news/) [[❞]](https://www.binance.com/en/square/news/all) [[❞]](https://bitcompare.net/coins/bitcoin).
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