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Canadian crypto traders suing Binance given court approval

Ontario’s superior court has green-lit a class action Lawsuit against Binance that accuses the crypto exchange of selling unregistered crypto derivative products and violating securities law.  The lawsuit, brought by Christopher Lochan and Jeremy Leeder, claims that Binance sold crypto-derivative products to thousands of retail traders while failing to register with the Ontario Securities Commission, as required by law.  As reported by Advisor.ca, the Lawsuit received a certification of motion on April 19 allowing it to proceed as a ‘class action’ Lawsuit and represent a wide basis of people without each individual having to take legal action. Judge E.M. Morgan noted that Lochan and Leeder claim “they are two of the tens of thousands of Canadian users of the Binance website who invested in cryptocurrency products and who claim that those products were sold by the Defendants illegally.” Unanswered questions about the Binance Industry Recovery Fund Read more: Binance and C
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Is It Too Late To Buy Popcat? POPCAT Price Erupts 223% In A Week And This GambleFi ICO Might Be The Next Crypto To Explode

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The Popcat price rose 35% in the last 24 hours and 223% in a week to trade at $0.3894 as of 02:31 a.m. EST on trading volume that soared 75% to $162 million. This comes as the meme coin token continues to gain traction in the crypto community, having amassed over 38,000 holders and counting. $POPCAT just passed 38 thousand holders. pic.twitter.com/tvJxLc8bEh — Brew (@potionmaster777) April 23, 2024 Popcat Price To Continue Its Rally Above The $0.33 Resistance POPCATUSD Chart Analysis Source: Tradingview.com The Popcat price has been on a downtrend trend from the resistance around $0.33, which saw the bulls retreat to the support zone at $0.10. This support zone allowed the bulls to propel the price above the previous resistance, forming a rounding bottom pattern. The rounding bottom pattern has encouraged the bulls to push the price further, which in the last week has seen POPCAT register a high at $0.44. POPCAT bulls are aiming to sustain this bullish stance, with the price
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Bitcoin Now at $72,000, and Flipping Silver’s Market Cap

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Bitcoin , often dubbed “digital gold,” has embarked on a meteoric rise, culminating in a market cap exceeding $1.4 trillion. This ascent positions Bitcoin as the eighth-largest asset by market cap and cements its status as a formidable challenger to gold’s long-held dominance. The anticipation surrounding the approval of spot Bitcoin ETFs and the upcoming Bitcoin halving event has fueled this rally, with the latter set to reduce the reward for mining new blocks, further constraining supply in a market already characterised by its scarcity. BREAKING: #Bitcoin just flipped Silver's market capitalisation. Google and Amazon – you are next! pic.twitter.com/DfT2UDFknM — Bitcoin Archive (@BTC_Archive) March 11, 2024 As Bitcoin shattered records, Ethereum , its closest rival, wasn’t far behind, reclaiming the $4,000 mark for the first time since 2021. The imminent Dencun upgrade promises to make Ethereum transactions faster and cheaper, a development eagerly awaited by
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XRP Bulls Roar: Analyst Foresees Explosive Surge With ‘God Candle’ On The Horizon

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XRP investors are eyeing a potential price surge, and one analyst forecasts an optimistic outlook for the cryptocurrency. Dark Defender, a prominent figure in the XRP community, has drawn parallels between the current market movement and the 2017 historic rally. According to Dark Defender, this resemblance suggests a significant upward trajectory for XRP, potentially culminating in what he refers to as a “God Candle.” Related Reading: XRP Price Recovery Could Soon Fade, These Are Key Levels To Watch Market Analysis And Forecast: A Closer Look At XRP’s Future Dark Defender’s Analysis centers around the observation that the current market dynamics echo the 2017 cryptocurrency boom, characterized by substantial shifts in digital asset valuations. During this time, XRP experienced a notable ascent from mere fractio
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DODOchain pioneers an Omni Trading Layer3 blockchain fueled by Arbitrum and AltLayer

DODO (DODO), an on-chain liquidity provider, has unveiled the launch of DODOchain, an industry-first Omni-Trading Layer3 powered by Arbitrum Orbit, EigenLayer, and AltLayer.  DODO chain bridges Layer2 networks of Bitcoin (BTC) and Ethereum (ETH), consolidating liquidity from various chain s into a unified platform. The vision behind DODOchain is to create a seamless, efficient, and secure ecosystem for cross-chain trading and liquidity sharing, enabling users to issue, trade, and manage their assets across different blockchains. Picks for you When is the next Bitcoin halving? 43 mins ago Has a 1% tax on Bitcoin holders been proposed by a U.S. Senator? 2 hours ago 3 must-buy cryptocurrencies under $1 for this week 3 hours ago Losing faith in fiat? Central banks' gold accumulation hits historic level 3 hours ago DODO’s exponential growth The primary goal of DODOchain is to enhance trading opportunities for users by enabling token trading an
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Best Cryptocurrencies to Invest in Right Now April 21 – BNB, Ondo, Pendle

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This article explores altcoins investors can consider adding to their watchlist. Discover potential contenders for investment opportunities soon. Several digital assets have emerged as viable options for investors seeking tokens with growth potential. These altcoins have shown resilience in weathering price fluctuations and are worth considering for investors. This article aims to highlight some of these tokens, shedding light on the factors contributing to their upward trends and success in the market. Best Cryptocurrencies to Invest in Right Now Ondo recently disclosed its collaboration with Noble, an asset issuance chain. This partnership aims to introduce tokenized U.S. Treasury offerings to the Cosmos (ATOM) ecosystem, broadening the accessibility of Ondo’s products. Meanwhile, Pendle coin has steadily recovered since mid-March, witnessing a remarkable climb of 225% from $2.30 to a peak of $7.53.  Furthermore, Injective has recently announced a significant milestone, surpassi
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Binance Unveils New ‘Megadrop’ Token Launch Platform, Picks Bitcoin Restaking Chain To Serve As First Project

Binance is unveiling a new “megadrop” token launch platform with Bitcoin (BTC) “restaking” chain BounceBit (BB) as its first project. In a new announcement, the world’s largest crypto exchange platform by volume says that the Binance Megadrop is a new platform that integrates both Binance Simple Earn and Binance’s Web3 Wallet and will grant investors access to assets not yet listed on the crypto exchange. Furthermore, Binance says the Megadrop will feature the native asset of BounceBit and Web3 quests that allow users to earn rewards. “Binance is launching Binance Megadrop, a new token launch platform with airdrops and Web3 quests, where users can subscribe BNB to locked products and/or complete tasks in their Web3 Wallet for early access to rewards from selected Web3 projects before their tokens are listed on the Binance Exchange.” BounceBit is a project that has a framework built around both centralized and decentralized finance, allowing BTC holders to earn y
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Tether Launches USDT on Ton Blockchain, Giving the Stablecoin Access to Telegram Messaging Platform’s Userbase

Stablecoin issuer Tether (USDT) is launching its dollar-pegged asset over The Open Network (TON), giving it access to the user base of the popular messaging platform Telegram. In a new article, Tether says that it is launching both USDT and Tether Gold (XAUT), its gold-backed crypto asset, over the layer-1 protocol TON, bringing its total coverage to 15 blockchains. According to Tether, Telegram’s instant messaging system can be used to quickly send peer-to-peer payments across the globe. “The TON blockchain works with Telegram, meaning USDT and XAUT on TON have the potential to provide a simple, borderless experience for peer-to-peer (P2P) payments for Telegram’s user base, which Telegram estimates at over 900 million global users.” According to Tether, adding the most popular stablecoin in the world to TON is going to greatly boost activity and liquidity over the blockchain. “This integration is poised to boost activity and liquidity on TON, simplifying acce
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SAFU fund: Did Binance just sell $1 billion in BTC for USDC?

Binance, the world’s largest cryptocurrency exchange by trading volume, has converted its $1 billion Secure Asset Fund for Users (SAFU) into USDC. The total SAFU fund is $1 billion , which is around 3% of the total circulating supply of USDC. Established in 2018, SAFU is designed to protect Binance users against potential losses due to operational risks or security breaches. By transitioning the entirety of SAFU’s reserves into USDC, this strategic shift aims to enhance the reliability and stability of the fund. Thus, marking a pivotal step in fortifying the exchange’s risk management framework. Today, all SAFU assets will be converted to $USDC, bolstering reliability and stability at $1bn. Read more https://t.co/Dggl3CdQYU — Binance (@binance) April 18, 2024 SAFU fund’s background and rationale for the conversion SAFU was established in 2018 during the tenure of Changpeng Zhao (CZ) as the CEO. On July 3, 2018, Binance introduced the Secure Asset Fund for Users (SAFU) as an
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Latest Meme Coins To Invest in Now Thursday, April 18 – Shina Inu, Dorgeverse, Slerf, Chimpzee

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Historically, traditional blockchain enthusiasts have regarded meme coins skeptically. This skepticism arises from their unpredictable nature and supposed lack of utility. However, assets like Chimpzee, Shina Inu, and Slerf have attracted mainstream adoption, attracting more people to the crypto market. Also, Dogeverse’s presale offering moved closer to the $6 million mark today. The token has raised $6,860,086.98 out of its $7,043,058 target. As it nears its target, it continues to see a growing market interest. This sentiment signals a potential opportunity for investors to enter the presale now at 0.000297. Moreover, investors can buy at this price before it increases tomorrow. Latest Meme Coins to Invest in Now In recent days, the Shina Inu community has significantly ramped up its burn actions. The burn rate, reflecting the irreversible transfer of the tokens to unrecoverable wallets, has skyrocketed by over 2,700%. The increased burning highlights the community’s commitment
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Cat In A Dogs World Price Prediction: MEW Plummets 20% As Traders Pivot To This New SOL Meme Coin For Parabolic Gains

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The Cat In A Dogs World price plunged 20% in the last 24 hours to trade at $0.0051 as of 00:08 a.m. EST on trading volume that dropped 37% to $199 million. This comes despite MEW gaining listings on several top-tier exchanges, the latest being OKX. New Spot Listing 📢 $MEW @Mewsworld and $WIF @dogwifcoin will be listed on #OKX! ▶ Deposits: OPEN 🟢 📈 $MEW Spot trading: 8:00 am Apr 15 (UTC) 📈 $WIF Spot trading: 9:00 am Apr 15 (UTC) More: https://t.co/zCnI8TDmnQ pic.twitter.com/OJffIqMGAt — OKX (@okx) April 15, 2024 Cat In A Dogs World Price Gearing Up For A Trend Reversal Above $0.0058 MEWUSD Chart Analysis Source: Geckoterminal.com From the beginning of the month, the Cat In A Dogs World price has been on a downtrend, finding support around $0.00178. The bulls then used this support to push the price through a markup phase to the resistance around $0.005946 before returning to the support around $0.00429. The bulls have been able to sustain the bullish stance, with MEW tra
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South Korean Won Topples The Dollar To Become The Top Currency For Crypto Trading

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The South Korean won overtook the US dollar to become the most used currency for crypto trading during the first three months of this year. The won accounted for more than $456 billion worth of crypto trading volumes in the quarter, followed closely by the dollar with $455 billion, according to Kaiko. The third-most popular fiat for crypto trading was the euro with $59 billion in volumes. South Korea is among the most active crypto markets globally. In March, the country’s crypto market made history after briefly surpassing the trading volumes of its stock market. Crypto Trading ”Fee War” Among Exchanges In South Korea Heats Up According to Kaiko Research, competition among cryptocurrency exchanges in South Korea is heating up. A raging “fee war” has boosted crypto trading volumes in the Korean market to the highest level in over two years. 📊Competition on Korean markets is heating up. In this week's Data Debrief, we explore: 👉The fee war in South Korea 👉The market rea
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US Dollar Hammers Chinese Yuan, Indian Rupee & Japanese Yen

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In a recent development, the US dollar has emerged as the ultimate winner in a clash against notable currencies. The US dollar has risen against many leading currencies, notably the Chinese Yuan , Japanese Yen , and Indian Rupee , proving its mettle and might as the chief global currency.  The emergence of the dollar’s prominence on a global scale denotes its lasting legacy and the faith that consumers have projected in the currency. Amid calls for de-dollarization and “dollar ditching,” the latest geopolitical tensions have pivoted investors to take refuge in gold and USD as a hedge during stark economic meltdowns.  Also Read: 3 Reasons Why Other Countries Are Ditching the US Dollar  US Dollar Rises: Yuan, Yen, and Rupee Falls: What Happened? Source: thuancapital.com On Wednesday morning (IST), the DXY index tracking the strength of the US dollar portrayed USD hovering at 106.36. USD was up by a notable 0.10%. The dollar is now projecting green as other significant curren
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