CZ acknowledged that there is a gambling component to prediction markets, but he said that is also true in other financial markets. “With any financial instrument, there’s always some speculators,” he said. “The speculators actually provide the liquidity, so it’s good that you have that speculation.” Policy futures The U.S.’s potential signature crypto policy legislation […]
“I don’t hold grudges or anything, right? I just want to help to grow crypto anywhere in the world, and to do that, we need to help grow crypto in America.” The Canadian national said he won’t participate at any level in U.S. politics, despite his industry’s growing reputation for political campaigning and influence. But […]
“Binance.US has a CEO, Binance.com has two co-CEOs,” he said. “They almost never talk to each other. Actually, I don’t think they ever talk to each other. So, yes, two independent teams. Binance.US does license the product and technology from Binance Global, but they have a licensing agreement.” CZ can’t see himself running the U.S. […]
The derivatives market on leading digital assets exchange Binance is doing more than five times the business of spot, hinting at volatile market conditions. The futures-to-spot volume ratio on the exchange has risen to approximately 5.1, its highest level since mid-2023, CryptoQuant data shows. The ratio is an indicator of the type of market participants […]
Binance is the first crypto exchange to list World Liberty Financial (WLFI), the Trump-family-linked decentralized finance (DeFI) project, with trading set to begin Monday afternoon UTC time, according to a recent announcement. Deposits are already live, while withdrawals are scheduled to begin Tuesday. Binance will apply its “seed tag” designation, a label reserved for innovative […]
Ethereum (ETH) faced renewed downside pressure in late trading, tumbling below the $2,500 level as selling volume surged and broader risk sentiment weakened. Global trade tensions and renewed U.S. tariff risks have triggered risk-off flows, with digital assets increasingly mirroring traditional markets in their reaction to geopolitical uncertainty. On-chain data revealed sizable inflows to centralized […]
Attorneys for the U.S. Securities and Exchange Commission and Binance asked a federal judge on Friday to continue a pause in the regulator’s case against the crypto exchange for another two months, citing “productive discussions.” The SEC sued Binance in 2023, alleging the exchange — alongside its U.S. affiliate and executives such as former CEO […]