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 BinanceUS halts trading for dozens of USDT BTC BUSD pairs amid SEC lawsuit

BinanceUS halts trading for dozens of USDT BTC BUSD pairs amid SEC lawsuit


Published: 2023-06-07


1. Binance US Halts Trading: Binance US has recently halted trading for dozens of USDT-BTC and BUSD pairs due to the ongoing lawsuit by Securities and Exchange Commission (SEC). The company made this decision in response to the current regulatory climate regarding cryptocurrencies and their legal status in the United States. Binance US has not been accused of any wrongdoing in the case and is cooperating with the SEC's investigation.

2. Legal Troubles for Cryptocurrencies: The recent move by Binance to halt trading for several pairs is just one example of the legal troubles that cryptocurrencies are facing today. Regulators around the world,including the SEC,have raised concerns about the lack of transparency,security,and oversight in the cryptocurrency market. The SEC lawsuit against Ripple,which claims that the company's XRP token is a security and not a cryptocurrency,is another prominent example of regulatory action against the industry.

3. Impact on the Market: Binance is one of the largest cryptocurrency exchanges in the world and its decision to halt trading for several pairs is likely to have a significant impact on the market. Some traders may seek alternative exchanges to trade these pairs,while others may decide to liquidate their holdings altogether. Additionally,the move may lead to increased regulatory scrutiny of other exchanges and could further dampen the overall sentiment towards cryptocurrencies in the short term.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 ARS title=ARS 1,062.90 2,440,495,220.20
2 BTC title=BTC 62,904.00 2,016,435,319.85
3 ETH title=ETH 3,031.80 746,961,439.99
4 SOL title=SOL 153.43 565,013,635.88
5 PEPE title=PEPE <0.01 317,270,885.62
6 WIF title=WIF 3.19 206,367,739.77
7 RNDR title=RNDR 11.19 183,093,293.17
8 DOGE title=DOGE 0.15 181,702,901.08
9 RUNE title=RUNE 6.46 175,582,793.39
10 XRP title=XRP 0.52 143,830,289.54
11 WLD title=WLD 5.77 123,732,223.52
12 BOME title=BOME 0.01 113,562,153.69
13 NEAR title=NEAR 7.49 101,931,899.02
14 UMA title=UMA 3.66 91,111,374.15
15 ENA title=ENA 0.91 77,017,149.24
16 JTO title=JTO 4.20 69,762,000.17
17 XVG title=XVG <0.01 69,382,518.98
18 BONK title=BONK <0.01 61,969,413.10
19 AR title=AR 44.12 61,189,985.87
20 ARKM title=ARKM 2.76 61,034,371.20
21 AVAX title=AVAX 35.73 54,985,474.12
22 TRX title=TRX 0.12 54,047,870.29
23 FLOKI title=FLOKI <0.01 52,388,765.88
24 SUI title=SUI 1.06 47,187,588.31
25 ASR title=ASR 4.24 46,624,648.45
26 ICP title=ICP 12.44 41,898,937.92
27 MOVR title=MOVR 15.10 41,748,195.72

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 AS Roma Fan Token title=ASR 4.24 +33.39
2 GMX title=GMX 31.15 +23.22
3 Verge title=XVG <0.01 +20.79
4 Tensor title=TNSR 0.90 +14.19
5 NFPrompt title=NFP 0.51 +12.74
6 dogwifhat title=WIF 3.19 +12.14
7 LeverFi title=LEVER <0.01 +11.82
8 Arkham title=ARKM 2.76 +11.64
9 BENQI title=QI 0.02 +11.50
10 iExec RLC title=RLC 3.39 +11.47
11 TrueFi title=TRU 0.12 +10.91
12 BOOK OF MEME title=BOME 0.01 +10.74
13 Sushi title=SUSHI 1.15 +10.66
14 UMA title=UMA 3.66 +10.56
15 Golem title=GLM 0.62 +10.48
16 Arweave title=AR 44.12 +10.47
17 Bounce title=AUCTION 18.80 +10.26
18 BakerySwap title=BAKE 0.29 +10.06
19 Immutable title=IMX 2.26 +10.02
20 Numeraire title=NMR 28.71 +9.66
21 Fantom title=FTM 0.73 +9.34
22 Jito title=JTO 4.20 +9.34
23 Portal title=PORTAL 0.83 +8.24
24 ConstitutionDAO title=PEOPLE 0.03 +8.04
25 Hifi Finance title=HIFI 0.83 +7.97
26 Qtum title=QTUM 3.80 +7.84
27 Raydium title=RAY 1.78 +7.83
28 Celer Network title=CELR 0.03 +7.70
29 Sleepless AI title=AI 1.15 +7.56
30 Highstreet title=HIGH 4.77 +7.55

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 Komodo title=KMD 0.41 -5.16
2 BinaryX title=BNX 0.93 -2.62
3 Lisk title=LSK 1.95 -2.40
4 Bella Protocol title=BEL 0.87 -2.32
5 Contentos title=COS 0.01 -2.10
6 Quickswap [OLD] title=QUICK 0.06 -1.95
7 SafePal title=SFP 0.77 -1.95
8 Bluzelle title=BLZ 0.37 -1.22
9 Beta Finance title=BETA 0.07 -1.18
10 PIVX title=PIVX 0.35 -1.11
11 Bittensor title=TAO 391.40 -0.99
12 Voyager title=VGX 0.09 -0.78
13 Wanchain title=WAN 0.26 -0.73
14 Sun Token title=SUN 0.01 -0.56
15 XRP title=XRP 0.52 -0.44
16 Viction title=VIC 0.52 -0.19
17 Gnosis title=GNO 302.20 -0.17

Bitcoin's Greed and Fear Index.

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66
Greed

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