Following a thorough investigation, Binance has uncovered that a market maker involved in the GoPlus Security (GPS) project was also engaged in market-making activities for MyShell (SHELL). In response, Binance has swiftly removed and permanently banned this entity from any future market-making on its platform.
The illicit proceeds from the market maker's activities have been seized and will be used to compensate affected GPS and SHELL holders. Binance will soon release a detailed compensation plan.
Binance remains committed to maintaining a secure and trustworthy trading environment. Stay tuned for further updates! 🚨
🆘️🆘️ CRYPTO NEWS 🆘️🆘️ Michael Saylor is probably banging his head right now. He could’ve snagged an extra 5,000 BTC at today’s prices... Man is cooked.
Also, isn’t it weird he announced a $ETH $SOL $BTC
Crypto Prices Surge After Trump Endorses Five Coins for ‘Crypto Reserve’ #OnChainInsigths $ETH
$BTC
$BNB
US President Donald Trump has named five cryptocurrencies—Bitcoin, Ethereum, XRP, Solana, and Cardano—that he wants included in a new strategic reserve aimed at positioning the US as "the Crypto Capital of the World."
Following his announcement, the market prices of these coins saw an immediate surge.
Trump has actively courted the crypto community throughout his campaign, contrasting with his predecessor, Joe Biden, whose administration took a stricter stance on crypto due to concerns over fraud and money laundering.
Details on how the proposed crypto reserve will function remain unclear, but further insights are expected on Friday when Trump hosts the first-ever Crypto Summit at the White House.
A whale just sold 96,155 $SOL, netting $4.5 million. Normally, this wouldn’t be a big deal—but considering they bought in at an average of $100 a year ago and had the chance to sell at $250 not too long ago, it’s clear even the big players are feeling the pressure and selling at the lows.
Are we headed even lower? I don’t think so. As I mentioned earlier, we’re approaching a significant support zone around the $87k mark for BTC. Sure, we could dip as low as $71k—especially with Trump seemingly set on crashing the markets—but there’s still a glimmer of hope. Despite the occasional large dump, most whales and institutions are continuing to accumulate.
For instance, today alone they scooped up 8,000 BTC, 40,600 ETH, and made numerous smaller buys in altcoins.
BNB Crosses 650 USDT Despite a 0.38% Dip in 24 Hours
As of February 22, 2025, at 01:51 AM (UTC), Binance Market Data reports that $BNB has surpassed the 656 USDT mark, currently trading at 656.42 USDT. The cryptocurrency has seen a slight 0.06% decline over the past 24 hours.$BNB
According to BlockBeats, on February 22, Fairside Investors reported a net outflow of $8.9 million from U.S. spot Ethereum. This outflow was entirely due to Bitwise’s ETHW, while other ETFs showed no net inflow or outflow. $ETH