XRP risks drop below $1, but onchain data highlights silver lining
XRP’s chance of a daily close below $1 are rising, but whale accumulation and shrinking exchange supply may be a sign that traders are buying.
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Binance faces EU service limits next week as MiCA rules take effect
Binance will limit EU onboarding and services from July 1 under MiCA rules after failing to gain authorization from a member state, while withdrawals remain available for users.
Breaking Binance News Affecting European Clients
Binance and its issues with European regulators have become a major concern for its users lately. The big question now is whether the company will be able to comply with…
Binance Races for New EU License Route Ahead of July 1 MiCA Deadline
Binance is seeking a new EU licensing path after withdrawing its MiCA licence application in Greece shortly before its current permission expires. The exchange now faces an upcoming authorization deadline…
XRP Scarcity on Binance Drops to 3-Month Low as Supply Concerns Grow
XRP supply on Binance has expanded, with the XRP Binance Scarcity Index dropping to around 0.34, its lowest level in more than three months, pointing to a noticeable rise in…
Binance withdraws Greece-filed MiCA application.
Binance said it plans to seek authorization in another EU jurisdiction just days ahead of the July 1 MiCA deadline, as unlicensed crypto firms are expected to wind down activities…
A16z-Linked Wallet Pulls 25,560 ETH Worth $42.6 Million Off Binance, Onchain Data Shows
A wallet linked to venture capital giant Andreessen Horowitz (a16z) withdrew 25,560 ether (ETH), worth about $42.62 million, from Binance, a move that landed as ether trades at $1,672. Tracking…
Binance Makes a New Push to Secure EU Approval
The world’s largest crypto exchange has recently faced significant regulatory challenges that could ultimately force it to stop serving clients in the European Union. Earlier this month, Reuters reported that…
Binance eyes alternative EU licensing route if Greek bid fails: Report
Binance reportedly plans to seek authorization in another EU jurisdiction as the MiCA deadline approaches, with unlicensed crypto firms expected to wind down activities in the bloc.
XRP Withdrawal Activity Reaches Highest Level Since June 2024 on Binance
XRP withdrawal transactions on Binance overtook deposits for several days, while similar shifts were observed across other crypto exchanges, including Coinbase and Bybit. The shift occurred as XRP traded near…