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Binance May Face Criminal Charges In Spanish Court

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A Spanish court is investigating Binance for alleged misappropriation of funds in 2021. According to local media, plaintiff “JL” accused the exchange of withholding his €67,550 investment.

Judge María Ángeles Velázquez claimed that JL demonstrated “sufficient criminal motives” on Binance’s part and gave his legal team 10 days to present their formal indictment.

Binance Might Need to Answer to a Spanish Court

Binance, one of the world’s leading cryptocurrency exchanges, is facing yet another legal trouble. The exchange faces accusations of market manipulation, albeit without formal criminal charges.

IYesterday, French authorities investigated Binance for money laundering, and a Spanish judge launched a new case today:

“The head of the 27th Court of Instruction of Madrid, María Ángeles Velázquez, explained that there are ‘sufficient criminal motives’ and agreed to end the investigation after having carried out the ‘pertinent’ proceedings,” a local media outlet claimed. Court officials refused to make further comments due to the ongoing nature of the case.

Specifically, Velázquez is addressing complaints against Binance from a Spanish businessman, initially filed in 2023.

This plaintiff, “JL,” accused the exchange of misappropriating €67,550 that he put on the exchange, alleging that Binance never gave him an access code. He attempted to recover the funds for two years before filing his complaint.

Now that Velázquez is sympathetic to JL’s arguments, he and his legal team have ten days to present their evidence and request penalties.

After this, Velázquez will decide whether Binance will face a formal legal battle in the Spanish judicial system. However, if JL provides insufficient evidence, she may dismiss the claim entirely. The exchange is also facing a similar class action lawsuit in the US.

“Many lawyers have clients with this same case. The exchange is blocking €67,000 and no one assists the user. If the ban is lifted, Binance will have a bad time in Spain. By the way, without things like MiCA, this guy would have nothing to do. Regulation is bad until we need it,” wrote Cris Carrascosa, a Spanish lawyer.

Additionally, the prosecutor called on former CEO Changpeng “CZ” Zhao to testify, and he either refused or outright ignored it. Binance has operated in Spain for several years, but this isn’t CZ’s first clash with the Spanish legal system.

He was named in another misappropriation suit in 2022, but this was apparently settled out of court.

Overall, this adds to a mounting pile of lawsuits against Binance across the globe. Although the exchange has been committed to regulatory compliance in different regions since the DOJ’s settlement in 2023, the surfacing lawsuits can damage its credibility.

Despite these legal troubles, Binance is still looking to rebuild itself. Binance Labs rebranded as an “independent” research institution, allowing CZ to officially join despite his lifetime ban from the exchange.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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ADA Price Surge Signals a Potential Breakout

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The value of Cardano’s ADA has soared nearly 10% in the past 24 hours, joining the broader crypto market in a strong recovery rally. 

The coin’s technical indicators point to renewed bullish momentum, suggesting that ADA may be gearing up for further gains in the near term.

Cardano Gathers Steam with an 8% Gain 

ADA is up 8% over the past day, with its recent price action hinting at growing investor confidence. A key factor supporting this upward trajectory is the rise in its Chaikin Money Flow (CMF), signaling increased capital inflow and accumulation.

ADA CMF.
ADA CMF. Source: TradingView

At press time, this indicator, which measures the flow of money into and out of an asset, rests above the zero line at 0.05 and is in an uptrend. 

An asset’s positive CMF reading indicates that buying pressure is stronger than selling pressure, suggesting accumulation. This signals growing bullish sentiment in the ADA spot markets as more investors buy the altcoin.

Additionally, ADA’s Moving Average Convergence Divergence (MACD) is approaching a potential golden cross—a historically bullish indicator that occurs when the MACD line (blue) crosses above the signal line.

The MACD indicator measures asset price trends and identifies reversal points. When a potential golden cross emerges, it hints at an upcoming bullish crossover, often seen as an early indicator of upward momentum. 

ADA MACD.
ADA MACD. Source: TradingView

This suggests that ADA’s short-term price strength is increasing, which, if confirmed, could lead to a sustained price rally.

Cardano Bulls Eye $0.76 as Buying Pressure Mounts

A combined reading of these bullish signals reflects strong buying pressure behind ADA, with traders potentially anticipating a breakout. If momentum continues to build, ADA could soon challenge and surpass the resistance level at $0.64.

A break above this barrier may open the door for an extended rally, especially if broader market sentiment remains supportive. In that case, the coin’s price could reach $0.76.

ADA Price Analysis
ADA Price Analysis. Source: TradingView

On the other hand, if ADA loses its bullish momentum, it could drop to $0.54.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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Hedera (HBAR) Jumps 14%—More Gains Ahead?

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Hedera (HBAR) has recovered over 5% in the past week. Despite some corrections today, multiple technical indicators flash bullish signals, suggesting a potential shift in momentum.

The DMI shows buyers firmly in control, the Ichimoku Cloud has flipped bullish, and a golden cross appears close to forming on the EMA lines. With key resistance levels approaching, HBAR could be gearing up for an extended move—if the current momentum holds.

HBAR DMI Shows Buyers Are In Full Control

Hedera’s DMI chart is showing signs of strengthening trend momentum, with the ADX (Average Directional Index) rising to 24.17 from 21.82 just a day ago.

The ADX measures the strength of a trend regardless of its direction. Readings above 25 typically indicate a strong trend, while values between 20 and 25 suggest a trend may be developing.

With the ADX nearing that threshold, Hedera could be preparing for a more decisive move if momentum continues building.

HBAR DMI.
HBAR DMI. Source: TradingView.

Looking at the directional indicators, the +DI has surged to 35.05 from 22.33, while the -DI has dropped to 17.31 from 23.65. This widening gap between the bullish and bearish pressure signals a strong shift in favor of buyers.

If this setup holds, it could indicate a developing uptrend for HBAR, especially if the ADX continues to climb above 25.

The combination of rising bullish momentum and weakening selling pressure is a positive technical signal, suggesting that Hedera may be gearing up for further upside in the short term.

Hedera Ichimoku Cloud Shows A Bullish Setup

Hedera’s Ichimoku Cloud chart is flashing a bullish signal. After a strong move upward, price action broke above the red cloud (Kumo).

This breakout places the candles above both the Tenkan-sen (blue line) and the Kijun-sen (red line), which is generally seen as a sign of bullish momentum and short-term trend strength.

The cloud ahead has also started to thin, suggesting that resistance may be weakening. If momentum holds, further upside is more achievable.

HBAR Ichimoku Cloud.
HBAR Ichimoku Cloud. Source: TradingView.

The Chikou Span (lagging green line) is now positioned above the price candles and the cloud, reinforcing the bullish bias. However, with the cloud still showing a mostly flat and narrow structure, the current trend doesn’t yet show strong continuation signals.

If the price remains above the cloud and the Tenkan-sen continues to lead above the Kijun-sen, Hedera could sustain this upward trajectory.

But traders should watch closely for any signs of a reversal back into or below the cloud, which would weaken the bullish setup.

Hedera Could Surge Soon If The Golden Cross Emerges

Hedera’s EMA lines are tightening, signaling a potential breakout. A golden cross—where short-term EMAs move above long-term ones—appears to be forming, which would typically indicate a bullish trend reversal.

If confirmed, this setup could push Hedera price toward resistance levels at $0.18 and $0.20, and if the momentum holds, even higher targets like $0.21 and $0.258 may come into play.

HBAR Price Analysis.
HBAR Price Analysis. Source: TradingView.

However, this bullish scenario hinges on a successful break above the immediate resistance. If HBAR fails to clear the $0.18 level, it could trigger a pullback toward the support at $0.168.

Losing that support would likely expose Hedera to further downside. The next key levels are $0.153 and possibly below $0.13 if selling pressure intensifies.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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3 Bullish Altcoins Surging After Trump’s Tariff Pause

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Altcoins are showing fresh signs of life following Trump’s 90-day tariff pause, and three names in particular—XRP, HYPE, and ONDO—are catching investor attention.

Each has its own catalyst: XRP is getting a regulatory boost with Paul Atkins taking over the SEC, HYPE is defying the broader market downturn with impressive protocol revenue, and ONDO is riding the wave of rising institutional interest in Real-World Assets (RWA).

XRP

XRP fell sharply in the past month, losing 34% and dropping below $1.70 for the first time since November 2024. The decline came as macro uncertainty and regulatory pressure weighed on sentiment.

However, with Trump’s 90-day tariff pause and Paul Atkins confirmed as the new, pro-crypto SEC Chair, optimism is starting to return.

These developments could give XRP the regulatory breathing room it needs to regain momentum as one of the top-performing altcoins.

XRP Price Analysis.
XRP Price Analysis. Source: TradingView.

If that shift materializes, XRP may retest resistance at $2.17 and $2.23.

A break above those levels could set the stage for a push toward $2.50. Standard Chartered has even suggested XRP could overtake Ethereum by 2028, and Ripple’s acquisition of Hidden Road has fueled new expectations for rising institutional demand.

Still, holding $1.96 as support is key—if that level fails, a drop back toward sub-$1.70 lows remains possible.

Hyperliquid (HYPE)

HYPE has climbed 21.5% over the past week, defying the broader altcoin market downturn. The rally comes despite lingering criticism of the platform following the JELLY crisis, which raised concerns about Hyperliquid’s stability.

Still, traders seem to be regaining confidence, especially as the macro backdrop improves after Trump’s 90-day tariff pause.

HYPE Price Analysis.
HYPE Price Analysis. Source: TradingView.

Hyperliquid remains a powerhouse in terms of protocol revenue, pulling in $38 million in fees over the past month—$2.4 million of that in just the last 24 hours—ranking it 6th globally, ahead of names like PancakeSwap and Tron.

If momentum holds, HYPE could push toward resistance at $14.77, and a breakout could lead to $17.33 or even $21. But if the rally stalls support at $12.81 becomes key; losing that could send the price back to $11 or even below $10 in a deeper correction

Ondo Finance (ONDO)

Real-world asset (RWA) tokens are gaining momentum as a defensive narrative in crypto, especially in light of global economic uncertainty.

Binance Research recently stated that RWA altcoins remain safer than Bitcoin during tariff-driven volatility.

At the same time, BlackRock’s BUIDL token is nearing $1.5 billion in assets, and Fidelity has entered the RWA tokenization race—signaling growing institutional commitment to this emerging sector.

ONDO Price Analysis.
ONDO Price Analysis. Source: TradingView.

ONDO, one of the key tokens in the RWA space, is showing signs of strength on the charts, with a golden cross nearly forming.

If confirmed, ONDO could climb toward resistance levels at $0.90 and $0.95, with a breakout possibly pushing it above $1.

However, the price is hovering just above a key support at $0.82. If that level fails, the next downside target is $0.73, with a deeper slide potentially taking it below $0.70.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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