binanceczresign

Renowned Ethereum co-founder, Vitalik Buterin, recently shared his insights on the future trajectory of Ethereum and the evolving crypto ecosystem in Turkey. In an exclusive interview, Buterin delved into key aspects that could shape the destiny of both Ethereum and the broader crypto market within the Turkish landscape.**Ethereum 2.0 and Beyond**One of the focal points of Buterin's discussion was Ethereum's transition to Ethereum 2.0. He expressed enthusiasm about the ongoing developments and emphasized the potential scalability and sustainability benefits that Ethereum 2.0 could bring to the network. Buterin highlighted the importance of transitioning from a proof-of-work to a proof-of-stake consensus mechanism, anticipating enhanced efficiency and reduced environmental impact.**Decentralization and Community Participation**In addressing the growing interest in decentralized finance (DeFi) and non-fungible tokens (NFTs), Buterin underscored the significance of maintaining decentralization. He emphasized the need for active community participation in shaping the direction of Ethereum, ensuring a robust and inclusive ecosystem. The co-founder also acknowledged the global impact of Turkish developers and enthusiasts in contributing to Ethereum's growth.**Challenges and Opportunities in Turkey**Buterin shared his observations on the crypto landscape in Turkey, recognizing both challenges and opportunities. He acknowledged regulatory uncertainties but expressed optimism about the potential for blockchain technology to address socio-economic challenges. He urged for collaboration between the crypto industry and regulators to foster a conducive environment for innovation while ensuring consumer protection.**Global Collaboration for Crypto Advancement**Discussing the broader global perspective, Buterin highlighted the importance of collaboration among different blockchain projects. He emphasized the need for interoperability and the sharing of ideas to drive the entire crypto space forward. Buterin sees Ethereum as a pivotal player in this collaborative effort, working towards a more interconnected and interoperable blockchain ecosystem.$ETH #EthereumClassic #EthereumClassic #binanacesquare #binanceczresign

- Delay in sentencing for former Binance CEO Changpeng Zhao's alleged money laundering case, now pushed to April 30th from February 23rd.
- Despite pleading guilty and assisting US authorities, Zhao faces a possible 18-month prison term.
- BNB, the cryptocurrency associated with Binance, is currently stagnant around $320, contrasting with the surge in other cryptocurrencies.
- Potential for BNB to break out to $400, particularly if it surpasses the resistance zone of $337 - $340.
In an unexpected turn of events, the sentencing for Changpeng Zhao, the former CEO of Binance, has been postponed from the initially scheduled date of February 23 to April 30, as reported by CNBC. The reason behind this delay remains undisclosed, and Zhao's legal representative, William Burke, has refrained from commenting on the matter.
Known by the alias CZ, Zhao is facing potential imprisonment for up to 18 months in the United States on charges related to the alleged use of Binance for money laundering. Prosecutors are reportedly pushing for a more extended sentence, according to The New York Times.
Having been in the U.S. since August 2023, Zhao was granted parole on a $175 million bond. In November 2023, he resigned from his roles as CEO of Binance and Chairman of the Board of Directors of Binance US, succumbing to mounting pressure from U.S. regulatory bodies. The charges against him include operating an illicit scheme through Binance, facilitating the laundering of crypto valued at billions, and violating the International Emergency Economic Powers Act by engaging with sanctioned organizations.
In November, Zhao pleaded guilty to these charges and agreed to cooperate with the prosecution, offering over $2.5 billion in personal assets to the U.S. government. Binance, as a company, also committed to compensating victims of its illegal operations with $4.3 billion.
Despite Zhao's cooperation, he is forbidden from returning to the UAE, where he resided since 2018. A U.S. judge rejected his request in December, citing a "substantial risk" of flight, given his significant assets and connections in the UAE, along with the absence of an extradition treaty between the UAE and the U.S.
While analysts suggest that Binance's reputation has been permanently damaged, the cryptocurrency market has shown resilience, with BNB experiencing a modest price increase. BNB is currently attempting to surpass the $337 resistance, and if successful, it could contribute to a broader bullish trend in the market, potentially leading to a $400 Bitcoin. However, it's crucial for readers to conduct thorough research and exercise caution when dealing with highly volatile financial assets like cryptocurrencies.

#BinanceCEO #Binance #BNB #czbinance #binanceczresign
$BNB

Whale Activity: A notable transaction involving 5000 ETH has been observed, deposited into Binance, indicative of significant movement in the market.Whale's Earnings: This substantial deposit suggests potential gains for the whale, estimated at around $29 million from the deposited ETH alone, signaling a lucrative transaction.Upcoming Events: Mid-December brings critical financial events, including the Federal Reserve meeting, U.S. inflation reports, and the awaited decision on ETF approval. These events are expected to impact market dynamics significantly.
Amidst anticipation over Bitcoin and Ethereum ETF approvals, the upcoming US Federal Reserve Meeting, and the awaited US Inflation data, a substantial deposit of 5,000 ETH, equivalent to $10 million, has been made to Binance by a notable crypto whale, possibly a large fund or a millionaire within the crypto space. Notably, this same entity amassed profits exceeding $29 million from ETH transactions between 2020 and 2021.
This recent sizable deposit raises concern about potential market repercussions, potentially triggering a sell-off amid heightened market sensitivity.
Uncovering the Whale’s Moves The whale’s recent action, depositing 5,000 ETH into Binance on November 28, 2023, draws attention given their prior transactions and market impact. Previously, their withdrawal of 39,257 ETH from Huobi in 2020 led to a substantial ETH surge from $430 to $4500. Likewise, a subsequent deposit to Binance reaped profits exceeding $29 million. A withdrawal of 28,010 ETH from Binance in 2022, just before the market’s resurgence, further highlights the whale’s strategic moves.
Market Implications The current crypto market, including ETH, is at an 18-month peak, making the whale’s recent actions notably concerning. With Ethereum teetering around the crucial $2,000 psychological level, a substantial volume of 5,000 ETH, while not significantly impacting daily volume of $9.4 billion, could influence price dynamics in delicate market conditions.
Critical Market Factors Ahead The whale’s move coincides with a critical juncture, coinciding with the US Federal Reserve’s meeting and the release of US inflation data on December 12-13. Any market sell-offs during this period could potentially trigger further bearish sentiments among traders, especially those engaging in short-selling options and futures.
Analyzing Price Trends ETH’s recent breach of the psychological barrier at $2,000 holds significance. However, immediate support lies near $1,750, indicating a potential 12.5% correction. Resistance levels are noticeable at $2,140, a point ETH failed to breach on November 10 and 24, and a minor resistance at $2,021.
Technical Insights Technical indicators portray a subdued market sentiment. Decreasing volumes signify reduced investor participation. The Relative Strength Index (RSI) remains subdued below 60, suggesting a neutral market sentiment. The price action seems confined within the $1924 - $2134 range since November 10, 2023.
Exercise Caution in Trading Given these dynamics, cautious trading is advised due to the slightly negative market sentiments prevailing.
Disclaimer: While Voice of Crypto endeavors to provide accurate information, it absolves itself of responsibility for any inaccuracies. Cryptocurrencies are highly volatile assets, urging investors to conduct diligent research before making financial decisions.

#Ethereum #ETH #BinanceSquareTalks #BinanceCEO #binanceczresign

As we navigate the cryptocurrency landscape, Binance stands out as one of the leading platforms that offers users a variety of ways to engage with the digital asset ecosystem. In this guide, we’ll be looking at 50 strategies and ways to potentially earn free crypto on Binance. This comprehensive list aims to provide users with a wide range of options, from traditional methods like referral programs and staking to more innovative approaches like participating in NFT markets and educational initiatives. As the crypto space evolves, staying informed through official announcements and community engagement is crucial. Let’s dive into the exciting opportunities Binance offers users looking to grow their crypto assets through a variety of channels and initiatives.

Navigating the world of cryptocurrencies, Binance stands out as one of the leading platforms offering a multitude of opportunities for users to engage with the digital asset ecosystem. In this guide, we explore 50 strategies and avenues for potentially earning free cryptocurrency on Binance. From traditional methods like referral programs and staking to more innovative approaches like participating in NFT markets and educational initiatives, this comprehensive list aims to provide users with a diverse range of options. As the cryptocurrency space evolves, staying informed through official announcements and community engagement becomes crucial. Let's delve into the exciting possibilities Binance offers for users looking to enhance their cryptocurrency holdings through various channels and initiatives.Earning free cryptocurrency on Binance can be approached through various methods. Here are some avenues to explore:1. Referral Program:Binance has a referral program that rewards users for bringing in new traders. You can share your referral link, and when people sign up using your link, you may earn a percentage of their trading fees.2. Binance Staking:Some cryptocurrencies on Binance offer staking rewards. By staking your tokens, you can earn additional coins over time. Explore the staking options available on the platform.3. Binance Launchpad:Binance Launchpad occasionally hosts token sales for new projects. Participating in these sales may provide an opportunity to acquire new tokens at an early stage.4. Binance Savings:Binance Savings allows users to earn interest on their idle cryptocurrencies. You can deposit certain cryptocurrencies into Binance Savings and earn passive income over time.5. Airdrops and Promotions:Keep an eye on Binance announcements for airdrops and promotional events. Sometimes, Binance partners with projects to distribute free tokens to its users.6. Binance Earn:Binance Earn offers various financial products, including flexible savings and fixed-term deposits. Users can earn interest by depositing their cryptocurrencies into these products.7. Participate in Binance Competitions:Binance occasionally hosts trading competitions or other challenges with cryptocurrency rewards. Participating and performing well in these competitions could earn you free tokens.8. Binance Affiliate Program:If you have a website or a significant online presence, you can explore Binance's affiliate program. By referring users through your affiliate link, you can earn commissions on their trading fees.Important Considerations:-Security: Always prioritize the security of your Binance account. Use two-factor authentication (2FA) and be cautious of phishing attempts.-Research: Before participating in any program or promotion, conduct thorough research to ensure its legitimacy.-Regulations: Be aware of the regulatory environment in your region. Some services may have restrictions based on your location.9. Community Engagement:Actively participate in the Binance community, such as forums and social media groups. Sometimes, Binance may reward users for valuable contributions or as part of community-focused initiatives.10. Binance Academy Tasks:Binance Academy occasionally runs educational programs or tasks where users can earn cryptocurrency for completing quizzes, watching videos, or engaging with educational content.11. Promotional Campaigns:Keep an eye on Binance's official channels for promotional campaigns. These campaigns may involve completing specific tasks, sharing content, or participating in events to earn free cryptocurrency.12. Binance NFT Marketplace:Explore the Binance NFT marketplace. Some projects or creators may distribute free NFTs as part of promotions or giveaways.13. Cryptocurrency Faucets:While Binance itself doesn't have traditional faucets, you can use external platforms that offer free cryptocurrencies and then transfer them to your Binance account. Be cautious and choose reputable faucets to avoid scams.14. Token Airdrops on Binance Smart Chain (BSC):If you use Binance Smart Chain, there might be projects conducting airdrops specifically for BSC users. Stay informed about upcoming projects and airdrop opportunities on the BSC network.15. Stay Informed and Subscribe:Subscribe to Binance newsletters, follow their official social media accounts, and join their community channels. This way, you'll be among the first to know about new features, promotions, and opportunities to earn free cryptocurrency.Important Reminders:-Terms and Conditions: Always read and understand the terms and conditions of any program or promotion on Binance to ensure you comply with the rules.-Risk Management: Be aware of the risks associated with trading and investing. Cryptocurrency markets can be volatile, so only participate in activities that align with your risk tolerance.-Verification Requirements: Some features, like participating in certain promotions or earning interest, may have specific verification requirements. Ensure your Binance account is fully verified if needed.16. Binance Academy Ambassador Program:Binance has an Ambassador Program where community members can become ambassadors and contribute to the ecosystem. While this doesn't guarantee direct earnings, it can provide opportunities for recognition, networking, and involvement in Binance-related activities.17. Participate in Binance Research Surveys:Binance Research occasionally conducts surveys to gather insights from the crypto community. Participating in these surveys may not only contribute to industry research but also offer rewards in the form of cryptocurrency.18. Binance Coin (BNB) Holdings:Holding Binance Coin (BNB) in your Binance account can provide benefits such as reduced trading fees. While not entirely "free," it can be a strategic investment if you believe in the long-term potential of BNB.19. Binance Charity Programs:Binance is involved in various charitable initiatives. While this may not directly earn you cryptocurrency, participating in charitable events or donations organized by Binance can be a way to give back to the community.20. Explore Binance NFT Staking:If Binance offers NFT staking programs, consider exploring this option. Staking NFTs may provide additional rewards or opportunities to participate in exclusive events.21. Leverage Binance APIs:If you have programming skills, you can explore Binance APIs (Application Programming Interfaces) to develop trading bots or applications. While this requires technical expertise, it can potentially generate earnings through algorithmic trading.22. Participate in Binance Virtual Events:Binance often hosts virtual events, webinars, or conferences. Participating in these events may provide insights into the industry, networking opportunities, and chances to win prizes or free cryptocurrency.23. Engage with Binance NFT Marketplace Drops:Binance's NFT marketplace occasionally features drops where users can get exclusive NFTs for free or at a discounted rate. Keep an eye on upcoming drops and participate when interesting projects are featured.Remember, the key to maximizing your opportunities on Binance is to stay informed, be an active member of the community, and leverage various features offered by the platform. While earning free cryptocurrency is possible, it's essential to approach these avenues with a realistic understanding of the associated risks and to prioritize security in all your interactions on the platform.24. Binance Savings and Flexible Savings:Binance Savings and Flexible Savings allow users to earn interest by depositing their cryptocurrencies for a fixed or flexible period. Explore these options to earn passive income on your existing holdings.25. Participate in Binance Challenges:Binance occasionally launches challenges or competitions that involve completing specific tasks or achieving trading milestones. Participate in these challenges to potentially earn rewards or bonuses.26. Use Binance Launchpool:Binance Launchpool allows users to stake BNB, BUSD, or other tokens to farm new tokens from upcoming projects. By participating in Launchpool, you can earn rewards in the form of the newly launched tokens.27. Binance Loyalty Program:Binance has a tiered VIP program that offers various benefits, including fee discounts and preferential access to certain features. As you trade on Binance, you accumulate trading volume, which contributes to your VIP level.28. Participate in Token Sales on Binance Launchpad:Binance Launchpad hosts token sales for selected projects. By participating in these sales, you may have the opportunity to acquire new tokens at the initial offering price.29. Cross-platform Opportunities:Explore opportunities that extend beyond the Binance platform. Some projects may distribute airdrops or rewards to users who hold BNB or actively trade on Binance.30. Binance Card Cashback:If the Binance Card is available in your region, consider using it for everyday purchases. Some Binance Cards offer cashback in the form of cryptocurrency rewards, providing an additional way to earn.Tips:-Regularly Check Binance Announcements: Stay updated on Binance announcements, blog posts, and official communication channels for the latest information on promotions, events, and new features.-Diversify Your Approaches: Consider diversifying your strategies to earn cryptocurrency on Binance. Combining various methods can provide a more comprehensive approach to accumulating rewards.-Risk Management: Be aware of the risks associated with trading, staking, and other activities. Only invest or participate in activities that align with your risk tolerance and financial goals.31. Binance Launchpad Lottery:Binance Launchpad conducts lotteries for highly anticipated token sales. By holding BNB tokens in your account, you may qualify for a lottery ticket, giving you a chance to participate in these exclusive token sales.32. Binance Academy Quiz Rewards:Binance Academy occasionally runs quizzes and educational programs. By participating and successfully completing quizzes, you can earn rewards in the form of cryptocurrencies.33. Binance Margin Trading:For users with experience in trading, Binance offers margin trading. While it involves increased risk, successful margin trades can lead to additional gains. Exercise caution and thoroughly understand the risks associated with margin trading.34. Binance Research Affiliate Program:If you enjoy sharing educational content, consider joining the Binance Research Affiliate Program. By promoting Binance Research reports, you may earn rewards or commissions based on user engagement.35. Binance Academy Certificate Program:Binance Academy may offer certificate programs on blockchain and cryptocurrency topics. Completing these programs not only enhances your knowledge but might also come with incentives or rewards.36. Community Contests:Participate in community contests organized by Binance or its partnered projects. These contests may involve tasks like creating content, sharing insights, or contributing to the community.37. Binance Influencer Programs:If you have a significant online presence, explore potential influencer programs or collaborations with Binance. Some initiatives may provide rewards for promoting Binance services or content.38. Binance Podcasts and Webinars:Stay tuned for Binance podcasts and webinars. These platforms might feature discussions, interviews, or educational sessions with opportunities for audience participation and rewards.39. Binance NFT Marketplace Engagement:Engage with the Binance NFT marketplace by participating in auctions, acquiring NFTs, or even creating and selling your own NFTs. Some activities may lead to additional rewards or exclusive opportunities.40. Stay Informed About New Features:As Binance continually evolves, new features and programs may be introduced. Regularly check Binance updates and announcements to discover and take advantage of the latest opportunities.Final Thoughts:-Dynamic Ecosystem: The cryptocurrency space is dynamic, and Binance frequently introduces new initiatives. Stay adaptable and open to exploring emerging opportunities on the platform.-Balance Risk and Reward: While earning free cryptocurrency is enticing, always balance the potential rewards with an understanding of the associated risks. Make informed decisions based on your financial goals.-Community Interaction: Engage with the Binance community to stay connected, share insights, and potentially discover additional opportunities that arise through community collaboration.41. Binance Learn & Earn Programs:Check for Learn & Earn programs on Binance. These educational initiatives may reward you with free cryptocurrency for completing lessons or quizzes on various blockchain and crypto topics.42. Exclusive Partnerships and Promotions:Keep an eye out for exclusive partnerships between Binance and other projects. Joint promotions or collaborations may offer unique opportunities to earn rewards.43. Binance Challenges and Tasks:Participate in challenges and tasks organized by Binance or its partners. These could include social media campaigns, content creation contests, or other interactive activities with potential rewards.44. Binance Affiliate Campaigns:Explore affiliate campaigns that Binance may periodically launch. These campaigns might offer special incentives or bonuses for referring new users during specific promotional periods.45. Early Access Programs:Join early access programs for new features or services on Binance. Being an early adopter may come with exclusive benefits or rewards as the platform expands its offerings.46. Binance Community Events:Participate in community events organized by Binance. These events could include virtual meetups, AMAs (Ask Me Anything sessions), or live Q&A sessions with industry experts.47. Binance Dex and BEP-2 Tokens:Explore Binance DEX (Decentralized Exchange) and BEP-2 tokens. Some projects may distribute free BEP-2 tokens, and participating in the Binance DEX ecosystem could present unique opportunities.48. Binance Fiat Gateway Promotions:Take advantage of promotions related to Binance's fiat gateway services. Binance occasionally offers incentives for users conducting transactions using fiat currencies.49. Binance Gaming Partnerships:Stay informed about potential gaming partnerships on Binance. Crypto-related gaming initiatives may offer in-game rewards or tokens that can be traded on the Binance platform.50. Feedback and Beta Testing:Participate in feedback programs or beta testing initiatives that Binance may organize for new features. Providing valuable feedback could be rewarded with incentives.Remember that the cryptocurrency space is dynamic, and new opportunities may arise as the industry evolves. Stay connected with Binance's official channels, community forums, and newsletters to stay informed about the latest developments and potential avenues for earning free cryptocurrency on the platform.Conclusion:In conclusion, the provided data offer a comprehensive guide to various strategies for potentially earning free cryptocurrency on Binance. From participating in referral programs and staking to engaging in educational initiatives and exploring Binance's diverse features, users have a multitude of avenues to explore within the platform. However, the dynamic nature of the cryptocurrency space suggests that new opportunities may arise over time. To stay updated, users are encouraged to regularly check Binance's official announcements, community channels, and newsletters. By adopting a proactive and informed approach, individuals can navigate the evolving landscape of cryptocurrency and maximize their potential for earning rewards on the Binance platform.$BTC #BinanceCEO #binanceczresign #binanacesquare #BinanceJapanTransition

One of the world's leading cryptocurrency exchanges, has witnessed significant outflows totaling billions of dollars. While this might initially raise concerns among investors and enthusiasts alike, a closer look at on-chain data suggests that the platform is poised for a stronger future.The outflows, which reached a substantial figure, have prompted speculation about the reasons behind such a movement of funds. Some industry analysts attribute this to profit-taking strategies, while others suggest a potential shift in investor sentiment. Despite the magnitude of these outflows, on-chain data paints a different picture, indicating that this might be part of a broader strategic move by Binance.Analyzing the blockchain data associated with Binance transactions reveals a consistent pattern of wallet movements and internal transfers. Notably, a significant portion of the outflows is attributed to large-scale transfers between Binance-owned wallets. This suggests internal reorganization rather than a mass exodus by individual investors.Moreover, the on-chain data highlights an increased activity in Binance's decentralized finance (DeFi) ecosystem. Users are actively engaging in decentralized exchanges, liquidity pools, and decentralized applications built on the Binance Smart Chain. This surge in on-chain activities not only demonstrates the resilience of Binance but also signals a growing interest in decentralized finance solutions.Industry experts argue that Binance's proactive approach to regulatory compliance and continuous efforts to enhance security measures have contributed to maintaining trust among its user base. As the cryptocurrency market undergoes regulatory scrutiny globally, exchanges like Binance adapting to these changes can be seen as a positive development for the overall industry.The current situation with Binance's outflows underscores the importance of considering on-chain data alongside traditional market indicators. While short-term fluctuations can trigger concerns, a holistic analysis reveals a robust foundation and a strategic evolution rather than a cause for alarm.#binanacesquare #binanceczresign #BinanceCEO

DOGE transactions exceeding $100,000 climbed significantly in November, when compared to last month. The rising interest in DOGE is likely from institutional investors and whales, priming Dogecoin for a price recovery. DOGE could erase its weekly decline and make a comeback to the $0.087 local top. The largest Shiba-Inu-themed meme coin in the crypto ecosystem has observed a spike in large volume transactions exceeding $100,000. Institutions and large wallet investors have likely fueled demand for DOGE throughout November. DOGE large volume transactions see notable spike in November Based on data from crypto intelligence tracker IntoTheBlock, there is a notable surge in DOGE transactions, exceeding $100,000 in November. DOGE price rallied alongside the increase in large volume transactions in DOGE. In DOGE’s uptrend, the rising activity can be considered a sign of further gains in DOGE. Large volume transactions in November, exceeded those seen in October, as presented in the Santiment chart below.Whales scoop of DOGE tokens Since the beginning of October, whales in three segments, holders of 1 million to 1 billion DOGE tokens, consistently added to their holdings throughout October and November 2023. The consistent accumulation and DOGE’s price rise, fuel a bullish thesis for the meme coin’s recovery.DOGE price is $0.0787 at the time of writing. The meme coin noted a correction over the past week, price declined nearly 9%. A recovery in DOGE could erase recent losses and push the meme coin towards its bullish target of $0.087, the local top seen on November 17.$DOGE #DogecoinPrice #DogecoinUpdate #binanacesquare #binanceczresign

Withdrawal Surge at Binance: Following recent news, Binance is witnessing a significant surge in withdrawal requests.Investor Anxiety Spurs Withdrawals: Concerned about the company's future, investors are rushing to pull their funds out of Binance.Binance's Reassurance: Despite the withdrawals, Binance has assured its users of its continued operational status and the availability of ample reserves to cover all withdrawal requests.BNB Token's Decline: Binance's native token, BNB, has experienced a sharp decline, wiping out the gains it made in the previous day.Institutional Shift to Other Exchanges: There are indications that institutional investors and brokers might be relocating their funds to alternative exchanges, hinting at a potential decline in confidence towards Binance.

Binance, renowned as the world's largest crypto exchange based on trading volume, faced a precarious situation yesterday as it confronted multiple criminal charges directed at both the exchange itself and its CEO, Changpeng Zhao.
Reports surfaced detailing an agreement between Binance's founder and CEO, Changpeng 'CZ' Zhao, to step down as part of a landmark settlement with US authorities.
Earlier this year, the US Department of Justice accused Binance of operating an "illegal money laundering venture," leading to Binance's decision to completely withdraw from the US market.
Let’s delve into the investor response to this unfolding news.
Substantial Withdrawals Rattle Binance Similar to the pattern observed with FTX during its financial instability, a surge of Binance users hurriedly withdrew their funds and cryptocurrencies from the exchange following the breaking news.
Based on a recent tweet from the head of research at 21.co, Binance witnessed net outflows totaling approximately $2.2 billion USD within the last day.
This significant outflow, far beyond the norm, reflects investors' rapid withdrawal due to prevailing apprehension.
Despite efforts by Binance to reassure its users of continued operations, the exchange still holds reserves amounting to about $67 billion in tokens and stablecoins.
Binance's Financial Flows Data from Dune Analytics corroborates these developments, indicating that while the exchange experienced an outflow of $2.88 billion over the last 24 hours, it also recorded inflows of about $1.85 billion.
BNB and Others Endure Losses Ironically, BNB initially showcased bullish behavior, gaining around 10% at the outset. However, within the last day, the cryptocurrency plummeted by 10%, erasing the gains made previously.
Data from Dune Analytics reveals that BNB witnessed the most significant deposits and withdrawals within the past 24 hours, closely followed by popular tokens such as USDT, ETH, and BTC.
Notably, substantial movements of funds were initiated by addresses linked to institutional investors and brokers like Crypto.com and Wintermute Trading.
Substantial Inflows and Outflows on Binance The situation for Binance may not bode well if these entities are transferring their funds to alternative exchanges or platforms for arbitrage or liquidity purposes.
Disclaimer: While Voice of Crypto aims for accuracy and timeliness, it cannot be held liable for any missing facts or inaccuracies. Cryptocurrencies represent highly volatile financial assets; hence, conducting thorough research is advised before making any financial decisions.
#Binance #BinanceCEO #binanceczresign #BinanceSquareTalks #crypto2023
$BNB

Dezember 9 In the aftermath of CZ's departure and Richard Teng assuming leadership, Binance Coin (BNB) is experiencing a notable upswing, bringing positive news for liquidity across various smart chain projects. The burning question now is whether BNB will surpass the psychological $300 mark in December, with optimistic speculations pointing towards a potential climb to $400 in the near future.As of the latest update, BNB is trading at approximately $239, with today's peak reaching $245.5. Recent positive market movements have not only helped regain a positive trend but have also signaled a decrease in volatility following the CZ news, fostering expectations of a sustained upward trajectory in the coming weeks.These developments are both appreciated and necessary, considering the capital outflow on both Binance Exchange and the Binance Smart Chain over the past 24 months. For the first time in months, there is a resurgence of positive sentiments within the Binance Smart Chain community. The question remains: Can the smart chain reclaim the heights seen just 25 months ago, or is a different direction on the horizon?While current circumstances may suggest a potential market share loss for Binance Exchange in the months ahead, the Binance Smart Chain appears poised for recovery, indicating a renewed effort to capture market shares at the on-chain level. The year 2023 has been marked by significant events, and observers are eagerly anticipating Binance's strategic moves across all its branches in the upcoming halving year. The excitement builds as the question arises: Will we witness a new hype on the Binance Smart Chain? The timing seems opportune for a resurgence, potentially surpassing the glories of the past.#BinanceCEO #BinanceTrends #CryptoNews #CryptoNews🔒📰🚫 #binanceczresign $BNB

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