Binance and CZ fight back with a motion of dismissal
Following the lawsuits against Binance from the SEC, the exchange and its CEO have filed a motion of dismissal.
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Bitcoin price has started the week with a surging gain of over 10%, showing a green face to the market, which is being widely reciprocated by the other tokens in the cryptocurrency industry. Looking at data from Coin360, we can see that most of the leading tokens are gaining value as the new week kicks off.
At the end of last week, Bitcoin broke past $10,000 and it’s been on the up since. As we head into a new week, Bitcoin price heads up with a surge over 10%. At present, the cryptocurrency is holding a price tag of $11,737.24. Over the week, Bitcoin has seen a low value of $9,437.34; bragging a 24.9% increase over the week.
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As Bitcoin heads up, Ethereum trading volume and Ethereum price has seen an increase too. Reaching a seven day high of $230.93, Ethereum has shown a 10.44% increase from the seven day low of $206.80. At present, Ethereum is at a 5.08% increase in daily trading value.
Ripple’s XRP is also currently in the green with a 2.93% increase in daily trading. Over the past week, the token has seen a low of $0.307865 compared to its high of $0.32438, showing a 5.36% in weekly trading ranges.
At present, Bitcoin Cash is showing gains of 4.00% in daily trading volumes to head from a value of $329.93 to $343.7. Over the week, the Bitcoin hard fork has gained 13.09% gaining to the current price from a low value of $305.29.
While Bitcoin and other token’s values have been famed for their volatility, if the market can continue on this current positive trajectory teamed with recorrections, we might just be looking at a sustainable and healthy future for the cryptocurrency industry.
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