#Robinhood to pay M to settle US regulator probes

#Robinhood to pay $30M to settle US regulator probes

Robinhood agreed to pay $29.75 million in fines and restitution for failing to respond to several “red flags” stemming from its supervision and compliance practices. Online trading platform Robinhood has agreed to pay $29.75 million to settle several probes from the Financial Industry Regulatory Authority (FINRA) related to the company’s supervision and compliance practices. The…

Read More
#Binance announces community voting mechanism for token listings

#Binance announces community voting mechanism for token listings

Major centralized exchanges are exploring and implementing changes to the token listing process as the number of cryptocurrencies grows. Binance, the world’s largest centralized exchange, has announced a community co-governance structure that allows Binance users to vote to list or delist tokens on the platform. According to the announcement, Binance will select projects which the…

Read More
#Bitcoin risks weekly close below K on US BTC reserve disappointment

#Bitcoin risks weekly close below $82K on US BTC reserve disappointment

Bitcoin risks triggering $1.13 billion worth of cumulative leveraged long liquidations if it falls below the $82,000 price support. Bitcoin could face increased downside volatility if it closes the week below the key $82,000 support level as investor sentiment remains subdued following short-term disappointment in the US Strategic Bitcoin Reserve. President Donald Trump’s executive order,…

Read More
#Crypto Biz: The Bitcoin bull market isn’t dead yet

#Crypto Biz: The Bitcoin bull market isn’t dead yet

The US manufacturing PMI has historically been a good indicator for where Bitcoin’s price is headed. US President Donald Trump took investors by surprise last weekend when he directed his digital asset working group to create a cryptocurrency reserve that includes Bitcoin, Ether, Solana, XRP and Solana. After an epic pump, crypto markets reversed course…

Read More
#How much Bitcoin does the US hold, and where did it come from?

#How much Bitcoin does the US hold, and where did it come from?

The US Strategic Bitcoin Reserve will initially be funded by Bitcoin forfeited to the Treasury, which controls an estimated 198,109 Bitcoin forfeited or seized in criminal cases. The US government currently holds around 198,109 Bitcoin worth $17.7 billion, according to data from blockchain analytics firm Arkham Intelligence, a stash that it built mainly through seizures…

Read More