Binance founder Changpeng Zhao seeks dismissal of $1.8B FTX lawsuit
Changpeng Zhao has asked a court to dismiss FTX’s $1.8 billion lawsuit over a share buyback deal the bankrupt exchange claims was funded with misused assets.
Changpeng Zhao has asked a court to dismiss FTX’s $1.8 billion lawsuit over a share buyback deal the bankrupt exchange claims was funded with misused assets.
Crypto derivatives volumes surged across major exchanges last month, with Binance leading at $2.55 trillion.
The Philippines SEC flagged OKX, Bybit, KuCoin and others for offering crypto services without authorization, warning of enforcement and app store bans.
A Power of 3 pattern suggests a $126,000 target for Bitcoin after a leverage reset, but BTC price must first flip its immediate resistance level into new support.
A negative Coinbase Premium Index and the markets’ reaction to a disappointing Federal Reserve presser catalyzed a “big move” in Bitcoin price.
Bitcoin eyes upside breakout to $122,000, but fading spot ETF flows, lack of volumes and seasonality could stall bullish momentum thereafter.
Surging ETH and BNB activity, alongside shifting USDT flows, are all signals that traders are pivoting into altcoins.
BNB Chain’s Maxwell upgrade and over $600 million in institutional accumulation may fuel the next leg up for BNB price toward $1,000 and even higher.
Altseason takes center stage as 71% of Binance Futures volume are altcoins.
Bitcoin holds firm above $115,000 as resilient buyers absorb sell pressure, setting the stage for a potential breakout to new highs.
Capital rotation from Bitcoin hints at an accelerating altseason with liquidity, stablecoin inflows and market structure all aligning for a major breakout.
Bitcoin is at risk of a deeper correction to fill the CME futures gap down to $114,000, fueled by profit-taking from whales.
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