What is the bid and ask price? Crypto trading explained

Bid vs ask price is an important concept in trading the financial markets. The asking price is the lowest price a brokerage is willing to sell a stock, while the bid price is the highest price a trader is willing to pay to purchase it. These concepts also apply in crypto trading since tokenized assets […]

Binance and CZ lose bid to squash US crypto lawsuit

Binance and its founder Changpeng Zhao have lost a court appeal to dismiss a lawsuit alleging securities violations in the United States. The U.S. Supreme Court has denied an appeal from Binance and former CEO Changpeng ‘CZ’ Zhao to squash a class action lawsuit from investors claiming the company sold unregistered securities. The complaint, filed […]