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Apr 05, 2025 06:05

US Court Slaps UAE Crypto Firm CLS Global with $428K Fine for Wash Trading

The U.S. court has imposed a penalty of $428,000 on CLS Global for engaging in wash trading activities. Wash trading is the illegal practice of buying and selling the same asset to create the appearance of active trading and manipulate prices. This deceptive tactic is used to give the impression of high trading volume and [...]

The post US Court Slaps UAE Crypto Firm CLS Global with $428K Fine for Wash Trading appeared first on Crypto Breaking News.

Mar 20, 2023 11:10

Bitcoin price hits $28K as non-zero balance wallets reach 44.7 million

Bitcoin price reached an 11-month high on Sunday, 19 March as buying pressure pushed the cryptocurrency’s value past $28,500. According to on-chain data shared by crypto exchange Bitfinex, the surge to above $28k came with BTC piercing a 273-day range wall. But more importantly, the rally follows an uptick in spot buying. Bitcoin’s non-zero balance …

<p>The post Bitcoin price hits $28K as non-zero balance wallets reach 44.7 million first appeared on CCNC | Cryptocurrency Newscast.</p>

Apr 10, 2023 02:50

Bitcoin traders expecting a ‘big move’ after consolidation around $28K

Bitcoin (BTC/USD) traders are eager for the cryptocurrency to make its next move after consolidating around the $28,000 level since the start of March. The price of BTC/USD surged above $28K at the height of the US banking crisis that saw several crypto-friendly banks collapse. Ever since the cryptocurrency has been stuck in an ever-decreasing …

<p>The post Bitcoin traders expecting a ‘big move’ after consolidation around $28K first appeared on CCNC | Cryptocurrency Newscast.</p>

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