Why Is Bitcoin's Price Surging Above $30,000? 📈

#bitcoin 's price surged to over $30,000 today, reaching a two-month high.

The surge follows the SEC dropping #charges against Ripple's leadership and growing institutional interest in Bitcoin, fueled by spot ETF applications.

The upcoming Bitcoin #halving in 2024 is also boosting optimism. Reduced Bitcoin supply on exchanges is seen as a bullish sign.

In the past 24 hours, over $30.1 million in BTC shorts were liquidated. The market sentiment is shifting from fear to neutrality, indicating a positive outlook for Bitcoin.

#Binance
#crypto2023

CryptoChargeKuCoin and Founders Criminally Charged Over Violation of U.S. Anti-Money Laundering Laws

According to the United States Attorney's Office:

Cryptocurrency exchange KuCoin and its founders, Chun Gan and Ke Tang, have been indicted for allegedly operating an unlicensed money transmitting business and violating the Bank Secrecy Act. KuCoin is accused of failing to maintain an adequate anti-money laundering (AML) program, neglecting to verify customer identities, and not filing any suspicious activity reports as required by law.

#HotTrends #BinanceNews #TrendingTopic: #charges