Nearly 1,700 UK investors have filed a lawsuit against cryptocurrency exchange Binance and its founder, Changpeng Zhao (CZ), in Londons High Court, seeking at least 150 million (around $200 million) in damages over alleged unlawful sales of crypto derivatives. The claimants argue that Binance promoted and sold high-risk leveraged cryptocurrency derivatives to retail investors from late 2019 without the required authorization under UK financial regulations. According to the lawsuit, many retail traders suffered substantial financial losses, with some claiming they lost tens of thousands of… Read more
There’s a well-known frustration in crypto: you’re sitting on a large BTC position and need liquidity, but the moment you sell, you’ve created a taxable
Spot bitcoin ETFs shed $1.79B in their third-worst week on record. Here’s what the fund flows and BTC price action at $59,300 signal for the
Michael Saylor’s Strategy filed to sell up to $1.25B in Bitcoin after mNAV fell below 1, stalling the equity-issuance flywheel that funded BTC accumulation. The
Bitcoin may have fully entered the bearish phase, but that’s not to say that profit opportunities have totally vanished.They only become extremely hard to find.
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