Live Feed

Connecticut Senator Says Binance 'Greased the Wheels' for Trump's Crypto Deals

Connecticut Senator Chris Murphy has accused Binance of facilitating corrupt deals tied to President Trump's crypto ventures, alleging that the exchange aided in the launch of Trump's stablecoin while securing a presidential pardon for its founder, Changpeng Zhao. Murphy contended that Binance’s actions represent a pattern of corruption, suggesting that the company complied with Trump’s requests, including the controversial 'trade secrets for cash' deal with the UAE. Following Trump's pardon for Zhao, Binance announced it would list Trump's USD1 stablecoin, intensifying criticism from various Democrats who condemned the pardon as a reward for criminal activity. Notable politicians, including Elizabeth Warren and Maxine Waters, have called for measures to prevent such influence-peddling in the future. Meanwhile, Binance defended its operations by asserting its commitment to due diligence in its listings and dismissing the allegations as politicization of standard business procedures.

Source 🔗

BCH News: BCH Clears $550 on Heavy Volume; $547 Flips to Support as Range Narrows

Bitcoin Cash (BCH) experienced a breakout above $550 on a surge in trading volume, consolidating in the mid-$550s thereafter. The price climbed 2.6% to $554.52 after crossing $547 with a significant volume spike of 130,078 units at 1 a.m. UTC. The technical analysis indicates that

Bitcoin Cash Breaks Above $550 as Volume Surges

Bitcoin Cash (BCH) surged above $550, rallying 2.6% to $554.52, after experiencing an influx of volume at 1 a.m. UTC. A spike of 130,078 units marked the breakout as BCH pushed past $547, establishing new support at $553.50 and consolidating within a $553 to $556

BCH Clears $550 on Heavy Volume

Bitcoin Cash (BCH) has recently broken above the $550 mark, experiencing a 2.6% increase to $554.52, following a significant volume spike. The price exceeded $547 around 1 a.m. UTC, with a recorded trading volume reaching 130,078 units at that time. The current consolidation band is between

Read next