As the SEC grapples with the rise of cryptocurrencies, Binance stands strong, symbolizing the resilience of the crypto industry and the inevitability of decentralized finance.
Bitcoin is facing a potential 15% drop amid market panic over SEC charges against Binance, yet this could pave the way for greater regulatory clarity and a future price surge.
Bittrex Inc., a Seattle-based crypto exchange, files for Chapter 11 bankruptcy following a lawsuit from the SEC. Despite this, Bittrex Global continues its operations, serving customers outside the U.S.