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The crypto market recently witnessed a significant influx of $1.18 billion into digital asset investment products, primarily driven by the launch of a spot Bitcoin ETF. This event marked a notable moment in the market, although it didn’t surpass the record $1.5 billion inflow set during the launch of Bitcoin futures ETF in October 2021. The trading volume for exchange products soared to a record $17.5 billion, a stark contrast to the 2022 weekly average of $2 billion. This surge, accounting for nearly 90% of the daily trading on exchanges, indicates a growing interest and maturation in the digital asset market.The obvious question arises: how long will market enthusiasts be able to ride the wave? The answer is uncertain, but we do know that certain cryptocurrencies are poised for possible year-long gains due to the fact that they offer something special. Below, we listed several coins that fit the bill and can perhaps boost your returns in the short to medium and long term.3 Coins With Possible 2000% ROI Potential In 2024ScapesMania: A gaming-focused crypto project with significant presale interest and potential for high returns.Port3 Network (PORT3): Innovator in the Web3 Data Layer with a large user base and promising technological advancements.Izumi Finance (IZI): Strongly backed DeFi player with potential for growth and market influence.#trendingtoday #trading_tips #newcrypto #looz_crypto $BTC #

A federal judge rejects Changpeng Zhao's $4.5 billion bond request for travel to the UAE, compelling him to remain in the U.S. In light of a potential 10-year prison term, Zhao consents to refrain from appealing any sentence shorter than 18 months.CZ Banned from Leaving the U.S Despite Agreeing to Pay 4.5 Billion USDDespite offering an unprecedented $4.5 billion bond, Changpeng Zhao, the former CEO of Binance, faces an obstacle in his attempt to leave the U.S. This comes in the aftermath of his admission of guilt to anti-money laundering charges, adding a significant chapter to the ongoing scrutiny of the cryptocurrency industry by authorities.U.S. Authorities Bar Zhao's Departure Despite $4.5 Billion Binance Stake ProposalZhao, who relinquished his position at Binance in November 2023, has become embroiled in a complex legal situation with the U.S. justice system. His proposal to pledge his entire $4.5 billion stake in Binance.US in exchange for permission to travel to the United Arab Emirates was met with a firm denial from the U.S. District Court in Seattle. This denial underscores the gravity of the charges against him and the court's serious consideration of the case.The ruling, outlined in a court filing by Judge Richard A. Jones of the Western District of Washington at Seattle, emphasizes the substantial financial offer made by Zhao in his bid for travel approval. Despite the magnitude of the bond, the court upheld its decision to confine Zhao within U.S. borders, citing the necessity to ensure his presence throughout the sentencing process scheduled for February 2024.The court order states, "It is ordered that the condition permitting Defendant to return to the UAE pending sentencing is stayed until such time as this Court resolves the Government’s motion for review."This legal saga marks a pivotal moment in the ongoing regulatory and legal hurdles confronting the cryptocurrency industry. Changpeng Zhao, a dual citizen of Canada and the United Arab Emirates, now stands at the epicenter of a case with potentially profound implications. The court's refusal to grant him travel permission reflects a zero-tolerance stance by U.S. authorities toward any violations of anti-money laundering laws.CFTC Issues Groundbreaking Ruling Against Binance and Changpeng ZhaoAdding to Zhao's complexity is the substantial financial penalties imposed on both him and Binance as part of a settlement with the Commodity Futures Trading Commission (CFTC). The court mandates that Zhao personally pay a $150 million civil monetary penalty. Additionally, Binance is obligated to disgorge $1.35 billion in alleged ill-gotten transaction fees and pay an additional $1.35 billion penalty to the CFTC.#trendingnews #trendingtoday #TrendingTopicChallenge #TrendingArticles #looz_crypto