Global #binance

The altcoin market, prominently led by Binance Coin (BNB), has been making significant strides, attempting to align itself with the bullish trajectory of Bitcoin (BTC), which recently surged past $67,000.

On Tuesday, the cryptocurrency community was abuzz as Binance announced that Scroll (SCR) would be the 60th project featured in its Launchpool. This news has generated considerable bullish sentiment among traders, setting the stage for potential price movements as the launch date approaches.

In October 2024, Binance released its 23rd Proof of Reserves snapshot, revealing notable changes in the exchange's major cryptocurrency holdings.

In the ever-evolving landscape of cryptocurrency, the need for compliance with international laws while safeguarding user rights has never been more crucial. Nils Andersson Rød, the global head of financial crime investigations at Binance, recently underscored the platform's commitment to conducting independent investigations rather than simply adhering to government requests.

In a notable move reflecting potential strategic shifts in the cryptocurrency market, GSR firm has withdrawn 730,000 ARKM tokens, valued at approximately $1.11 million, from Binance and OKEx exchanges.

Recent reports from CCData reveal a significant decline in Binance's market share within the estimated $2 trillion cryptocurrency market, dropping from 42.7% at the start of 2023 to 36.6% currently.