Monday June 12, 2023

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Binance US Will Suspend Fiat Withdrawals As Early As June 13th...


Following a recent lawsuit filed by the SEC, Binance US has informed its users that it will temporarily halt all customer withdrawals and transition into an exclusively crypto-based exchange. The decision to do so is attributed to the intention of their banking partners to pause USD fiat channels.


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Cardano And Ripple To Unite Against SEC...

Cardano founder Charles Hoskinson recently made a surprising move aimed at reconciling with the XRP community, with whom he has had a strained relationship in the past. Taking to his official Twitter account, Hoskinson called for peace with the XRP community, sparking a series of debates on the platform.


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Central Banks USD Reserves Drop To New Lows As Dedollarization Continues...




Banking giant JPMorgan has recently noted that the trend of de-dollarization is gaining momentum as central banks worldwide reduce their holdings of the United States Dollar (USD).


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Binance Accused Of Misleading Investors And Mishandling Funds...



The US Securities and Exchange Commission (SEC) has accused Binance, the biggest cryptocurrency exchange in the world, of mishandling customer funds and providing false information to American regulators and investors..


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INDUSTRY EVENTS

August 15th-16th, 2023.


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TECHNICAL ANALYSIS

Bitcoin (-4%) Hovers at 200-Week Moving Average

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Ethereum (-7%) Tumbles towards Key Support at 200-Week Moving Average

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CONTENT OF THE WEEK

WARNING SEC JUST BROKE CRYPTO & BITCOIN MARKET!

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The Cryptocurrency Market Is Collapsing, Here's The Reason Why

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Coinbase vs. SEC: Everything You NEED To Know!

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We at CryptoWeekly are not Financial Advisors. None of the content or opinions expressed in this newsletter should be considered financial advice. We highly recommend that you do your own research before investing in any project within or outside the cryptocurrency space.