Binance and SEC file to stay case for 60 days

Plans to scale back crypto enforcement at the U.S. SEC materialized in court with a filing to resolve a complaint against Binance, the world’s largest crypto exchange. According to a court filing, the Securities and Exchange Commission, Binance, and its founder, Changpeng Zhao, submitted a joint motion for a 60-day pause, seeking to settle the […]

Bitcoin to remain in consolidation as fiat-to-stablecoin conversions stay muted, analysts warn

Stablecoin minting data shows a slowdown in fiat-to-crypto on-ramps, with the Federal Reserve’s hawkish shift likely impacting market activity, Matrixport warns. Bitcoin (BTC) is likely to stay in consolidation as long as fiat-to-stablecoin conversions remain muted, according to Singapore-based digital asset firm Matrixport. In a Jan. 14 research note, Matrixport noted that the latest 7-day […]