Bitcoin market cap is expected to drop following the recent Binance and DOJ $4 billion settlement and change of CEO.
However, the Bitcoin price has been predicted to set a new all-time high after the halving event.
The Bitcoin (BTC) market has slowed down following an unexpected rally that took most of the assets to their yearly highs. Currently, the market is mixed with opposing emotions as the Fear and Greed Index falls to 66 from 71.
The fall has been linked to the recent report that Binance founder, Changpeng Zhao has resigned as the CEO, unveiling Richard Teng as his successor. The exchange also reached a $4.3 billion settlement agreement with the US Justice Department. Prior to that, CZ had pleaded guilty to multiple counts including failing to maintain an effective anti-money laundering (AML) program.
This was explained by Secretary of the Treasury Janet L. Yellen.
Binance turned a blind eye to its legal obligations in the pursuit of profit. Its willful failures allowed m
Manta Pacific Network: airdrop of the MANTA crypto to all early adopters and Celestia (TIA) stakers
The decentralized network Manta Network announced a few days ago the launch of the “Into The Blue” incentive…