Binance has reached a major milestone, surpassing 240 million registered users.
Founded in 2017 by Changpeng Zhao, the company has grown rapidly through innovation, user engagement, and community support.
The exchange has been recognized as a leader in the blockchain industry, ranking first on the Fortune Fintech Innovators Asia 2024 list. #MarketDownturn #BNB🔥 #Binance $BNB
XRP jumped 20% to $0.83 on the morning of November 15, its highest since July 2023, when a New York court ruled that the crypto asset was not a security when traded on exchanges.
The market responded to SEC Chairman Gary Gensler's speech, in which he hinted at his resignation.
XRP is currently trading around $0.78, up 2% in 24 hours and 33% in a week. $XRP
✅ According to CryptoQuant, since November 12, when Bitcoin price exceeded $90,000, Bitcoin miners have transferred more than 45,000 BTC to exchanges, worth more than $4 billion.
While such outflows do not always mean selling, this wave of transactions coincided with a short-term correction in Bitcoin price.
✅ Bitcoin is currently trading around $88,000 and it is likely that large transfers from miners were the cause. $BTC
US Senator Cynthia Lummis has proposed that the Federal Reserve sell some of its gold reserves to buy bitcoins.
According to the bill, it is planned to purchase 200,000 BTC annually for five years, which will amount to 5% of the total volume of bitcoins and will require about $90 billion.
Lummis believes that bitcoin can strengthen the dollar's position and protect against inflation, although experts warn of the high risks of such an initiative. $BTC
Donald Trump to Nominate Matt Gaetz as U.S. Attorney General
Matt Gaetz is a well-known crypto advocate who has been vocal in his support for deregulation of the crypto industry. He has also spoken out against the overreach of federal agencies like the SEC.
In June, Gaetz introduced a bill that would allow federal income taxes to be paid using Bitcoin.
President-elect Donald Trump has started selling DOGE T-shirts after the Dogecoin (DOGE) meme token pump ended.
The Trump campaign website is selling a $28 DOGE T-shirt featuring Elon Musk, Donald, and a Shiba Inu, the symbol of the Dogecoin cryptocurrency. However, the print is not dedicated to the digital asset, but to the Department of Government Efficiency, or D.O.G.E. Musk will head the department along with entrepreneur Vivek Ramaswani.
The UK is set to unveil a comprehensive cryptocurrency regulation plan to shore up its position amid Donald Trump’s crypto-friendly policies in the US.
The Treasury is preparing two bills on stablecoins and staking to reduce their regulatory risks and create a favorable environment for digital assets.
The Financial Conduct Authority (FCA) is expected to unveil a roadmap for crypto regulation this month, with further steps planned for next year.
The Peanut the Squirrel (PNUT) meme token has jumped from $0.41 to $1.7 in less than 24 hours. The token's market cap has peaked at $1.73 billion. $PNUT