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New Binance chief stresses importance of compliance | National | themountaineer.com - The Mountaineer

Discover how BlockDAG Coin's trailblazing $2 million giveaway outperforms Ethereum news and Arbitrum (ARB) price in the crypto space.

Recently, on Ethereum news, a surge was forecasted, and the Arbitrum price momentum is capturing the crypto community's attention. Amidst this, BlockDAG emerges as a game-changer, with its presale already generating $16.4 million and a $2 million mega giveaway, signalling a rapid sell-out. The 30,000x ROI potential makes BlockDAG the highest ROI crypto, paving a new path for investors looking for a clear front-runner in the digital finance revolution.

Arbitrum (ARB) has been going through ups and downs in the cryptocurrency market. Recently, its price dropped by 31% over two weeks. But now, there are signs that buyers might be returning, which could lead to a turnaround for ARB. Some indicators show that ARB might be on the rise again. The Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) show positive signs, suggesting buyers are getting interested again.

However, there are still challenges ahead. To recover fully, ARB needs to surpass certain price levels. If it fails to do so, it might drop further before bouncing back again. For investors, monitoring the market and making informed decisions is essential. While there are promising signs for ARB's comeback, there are also risks. By staying informed and cautious, investors can take advantage of opportunities while navigating the cryptocurrency market's volatility.

Ethereum's price increased by 8% recently, higher than that of other cryptocurrencies like Bitcoin. It is now close to its highest point this year but still lower than its highest ever. Traders are optimistic about Ethereum's future and target higher prices by the end of April.

There's a lot of interest in Ethereum options, where traders bet on its price movements. This suggests that many believe Ethereum's price will increase in the coming weeks. However, only some are so positive. Some experts think that the recent excitement around Ethereum might not last if certain events, like the approval of Ethereum investment funds, don't happen.

BlockDAG's audacious $2 million mega giveaway is becoming a hot talk in crypto community engagement. By requiring participants to hold a minimum of $100 in BDAG and encouraging involvement through a series of tasks, BlockDAG ingeniously boosts brand visibility while deepening its relationship with the community. This increases the coin's user base and elevates its status to potentially the highest ROI crypto, positioning BlockDAG as an attractive investment.

Unlike traditional strategies seen in Ethereum news or the Arbitrum (ARB) price fluctuations, BlockDAGs approach directly rewards community involvement, setting a new benchmark in how crypto projects foster loyalty and excitement. With a promising potential ROI of 30,000x, BlockDAG has captured the attention of investors worldwide.

Its presale, initially slated to last three months, has already soared to $16.4 million in record time. Such overwhelming demand underscores investors' confidence in BlockDAG's prospects. With projections indicating a price of $10 by 2025, BlockDAG offers a glimpse and a tangible pathway toward significant growth and returns in the coming years.

BlockDAG's $2 million mega giveaway stands out as a bold move in the cryptocurrency space, directly engaging with its community in a way that's both impactful and reflective of its innovative spirit.

This approach not only marks a departure from the traditional methods of giants like Ethereum and Arbitrum but also underscores the evolving nature of community engagement strategies within the crypto industry. With an impressive presale that quickly amassed $16.4 million and a vision that promises up to 30,000x ROI, BlockDAG is carving a path for those seeking more than just investment but a revolution in digital finance.

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Disclaimer: This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $400. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

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Binance Labs New Investment: What is BounceBit? - BSC NEWS

Yuri Molchan

Former chief of Binance says he will be using artificial intelligence to kickstart his new business

Former boss of cryptocurrency trading giant Binance, Changpeng Zhao (widely known as CZ), has published another update on how his new business venture is advancing toward launch.

Among other things, CZ shared that he will need to implement AI tools to allow his company to produce its product online lessons.

In his tweet, Zhao wrote that his Giggle Academy is making progress, although not all linear. The team is currently busy brainstorming the best way to launch the first online lesson. Earlier, CZ wrote on X/Twitter that his education start-up plans to give free education classes, and English lessons in particular.

Now, according to CZ, the team is debating what it should look like, what game engine should be involved, particular features and animation, etc. CZ admitted that this is start up mode all over again, but he seems to be happy about this.

CZ first announced his new business project on March 19. He tweeted that it would be Free basic (grade 1-12 ish) education, for all. No revenue. Gamified. Adaptive. He also then said the company was hiring, and the team would be small. Anyone hired would work directly with CZ.

In the above-mentioned tweet, he shared that they have already hired enough talented teachers who can create digital content. But they still need more developers for Giggle Academy.

As reported by U.Today, CZ was forced to step down from his Binance CEO position due to charges by the U.S. Department of Justice against Binance, and him personally. The charges were about violating money laundering laws (the Bank Secrecy Act in particular).

Binance agreed to pay a staggering fine of $4.3 billion, and CZ leaving his CEO post was part of the deal. However, later, CZ pleaded guilty and first faced a likelihood of 10 years in prison. Later, this term was extended to 18 years.

Immediately after announcing his resignation, CZ wrote on X/Twitter that he did not have any plans to start a new business. CZ said he would get into passive investing and would possibly become a minority token/shareholder in start-ups that focus on blockchain, AI, biotech or DeFi.

About the author

Yuri Molchan

Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets. His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

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AI Plans for New Business Venture Shared by Former Binance Boss CZ - U.Today

Binance Coins (BNB) trading volume registered a significant hike towards the beginning of the month, reaching levels not seen since 2022. How has BNB performed since then, and are there indications suggesting a potential for significant price movement shortly?

Analysis of Binance Coins volume on Santiment revealed a spike to over $11 billion on 1 April. However, this surge was short-lived, as subsequent analysis indicated a return to its previous volume range. An examination of the chart illustrated that the volume has remained within the $2 billion threshold since the spike.

At the time of writing, the volume stood at around $1.9 billion. Furthermore, there has been no notable change in price since this spike occurred.

An analysis of the daily timeframe chart revealed that Binance BNBs price exhibited no significant reaction on the day its volume spiked. In fact, the chart indicated a price drop of over 5%, causing the price to decline from over $600 to around $570.

Subsequently, there was an attempt at price consolidation around $580. At press time, BNB was trading at around $583, with a decline of less than 1%. Furthermore, an analysis of its Relative Strength Index (RSI) suggested that it remained in a stable bull trend. Additionally, examination of the Bollinger bands indicated minimal volatility, implying a reduced likelihood of sudden price fluctuations.

An examination of the funding rate chart on Coinglass revealed a gradual ascent back to the positive zone, suggesting that BNB buyers had regained control of the market. At the time of writing, the funding rate stood at around 0.02%. However, this also indicated a relatively weak sentiment despite the bet on a price hike.

Is your portfolio green? Check out the Binance Profit Calculator

Finally, an analysis of its price movement showed no significant activity at the moment. Concurrently, the open interest hovered around $600 million, signifying a moderate cash inflow.

These metrics collectively indicated that traders have not been fully committed to BNB. Hence, major price movement did not seem imminent for BNB, consistent with the trends seen on the price chart.

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Binance Coin Where does BNBs volume surge leave traders like you? - AMBCrypto News

Embark on the Future: Binance App Surges with 6.3M Downloads in 2024s Dawn, Redefining Crypto Accessibility. Dive into the World of Web3 with Binances Intuitive Interface and Join Over 183M Users in the Financial Revolution. Trust, Security, and Limitless Possibilities Await.

Embark on the Future: Binance App Surges with 6.3M Downloads in 2024s Dawn, Redefining Crypto Accessibility. Dive into the World of Web3 with Binances Intuitive Interface and Join Over 183M Users in the Financial Revolution. Trust, Security, and Limitless Possibilities Await.

Detailed Insights

Binance, a figure in the crypto and fintech realms, has marked a significant achievement by garnering over 6.3 million downloads of its mobile application within the initial quarter of 2024. This milestone not only underscores Binances supremacy among other major crypto platforms but also reflects a burgeoning interest in cryptocurrency applications on a global scale. The notable surge in downloads owes its success to two key factors: the exceptional user experience offered by the Binance app and the widespread trust in the Binance brand, which boasts a vast community exceeding 183 million users worldwide. Binances all-encompassing app provides an array of Web3 services, such as spot and P2P trading, seamless payments, a diverse marketplace, Earn products, and more, positioning it as a frontrunner in driving global Web3 adoption.

As the crypto industry progresses into the second quarter of 2024, it continues to exhibit strong momentum with key indicators signaling robust adoption and consistent use. Among these indicators, Binances remarkable growth in user inflows, which has propelled the value of user funds on the platform to exceed the $100 billion threshold, stands out as a testament to the platforms security, transparency, and reliability.

In a rapidly expanding digital asset landscape, users are presented with a myriad array of service providers. However, Binances unparalleled growth in app downloads in 2024 highlights its unmatched position in the fintech and cryptocurrency sectors. What underlies this trend, and what implications does it hold for Binance and the broader state of the cryptocurrency industry in 2024?

Binances Unrivaled Position

Recent data unveiled by Sensor Tower has put into perspective the massive appeal of the Binance app. Throughout the first three months of 2024, the app has been embraced by iOS and Android users around the globe, amassing more than 6.3 million downloads. This figure not only eclipses that of the nearest competitor by over 21% but also significantly distances Binance from other major crypto service providers, cementing its status as the industry leader.

The resurgence in the crypto markets, fueled by regulatory milestones such as the approval of spot Bitcoin exchange-traded funds (ETFs) in the United States and the anticipation surrounding the Bitcoin halving, has played a pivotal role in the Binance apps success. Its comprehensive features, ease of navigation, and the widespread trust in the Binance brand are primary drivers of its standout performance.

Building Trust and Simplifying Crypto

At the heart of Binances strategy is a user-focused ethos that aims to demystify the crypto space for everyone, regardless of their prior knowledge or experience with cryptocurrencies and financial markets. The Binance app is crafted to provide a seamless entry into the world of Web3, offering a wide array of functionalities including spot and P2P trading, payments, access to a vibrant marketplace, Earn products, Binance Squares social feeds, and a dedicated Web3 wallet.

More than just a technological marvel, the Binance app is your passport to the worlds leading blockchain ecosystem, cherished by over 183 million individuals across the globe. It boasts unmatched liquidity, facilitating trades across approximately 1,800 trading pairs and over 400 digital assets.

Daily, tens of thousands of individuals choose to download the Binance app, seeking to immerse themselves in the digital asset universe. What they receive in return transcends a mere platform for engaging with Web3it represents an invitation to join the largest community of financial freedom advocates, founded upon the tenets of security, responsible growth, and unwavering trust.

Reflecting on these impressive statistics and adoption trends, the dominance of the Binance app in early 2024 lays down a solid groundwork for the expansion of a vibrant, empowered community. This trajectory is not only promising for Binance but is also indicative of the broader shift towards embracing the first billion Web3 users.

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Binance App's Exceptional Surge: Achieving Over 6.3 Million Downloads in the Early Stages of 2024 and Setting a ... - FinanceFeeds

Recent reports indicated that Binance [BNB] has made significant strides in recovering from its recent challenges.

According to data by CCData, Binance has attracted the highest spot and derivative volume in the last three years. Additionally, its native token, BNB, has managed to maintain its position among the top five assets.

Per the report, combined spot and derivatives trading volume on centralized exchanges surged by 92.9% to reach a new all-time high of $9.12 trillion in March.

Specifically, trading volumes for derivatives reached unprecedented levels, soaring by 86.5% to $6.18 trillion.

The report highlights that Binances spot trading volume surged by 121% to $1.12 trillion in March, marking the highest spot volumes on the exchange since May 2021.

Similarly, derivatives trading volumes experienced a significant increase, rising by 89.7% to $2.91 trillion, achieving its highest levels since May 2021.

This recent data represented a positive development for Binance, which faced challenges to its dominance following regulatory scrutiny from the U.S. Department of Justice.

AMBCryptos analysis of BNBsprice trend showed an eventful month. On the daily timeframe chart, BNB surged to the $500 price region in March and even traded above $600 at certain points during the month.

At the time of this writing, it was trading at around $586, which marked one of its highest points in history, despite its recent decline.

BNB maintained its bullish trend, which began in February, with the Relative Strength Index (RSI) hovering close to 60 at the time of writing.

Additionally, its Moving Average Convergence Divergence (MACD) analysis suggested that the BNB trend is moderately strong.

Realistic or not, heres BNBs market cap in BTCs terms

According to data from CoinMarketCap, Binance retained its position as the fourth-largest cryptocurrency asset.

At the time of this writing, its market capitalization was over $87 billion, despite experiencing a price decline.

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Binance: All the factors that helped BNB find its footing in 2024 - AMBCrypto News

In the buzzing world of cryptocurrency, Binance Coin (BNB) is presently chartering an upward trajectory from the $575 threshold. With a promising start, the price has ascended over 5%, pointing towards a bullish intent projected at the $620 mark.

The initial thrust came when BNB found its footing around the $575 zone. That crucial bolstering led to a renewed spur, contrasting noticeably with Bitcoin and Ethereums recent trajectories. Currently, BNB is trading comfortably above $600, and has surpassed the 100-point simple moving average over a 4-hour span. Notably, a primary optimistic trend is unveiled with backing pegged at $587, based on a 4-hour sketch of the BNB/USD pairing taken from Binance.

This upward momentum could gain further traction should it cross the $620 resistance boundary. Indeed, should that be the case, the price of BNB could shoot up by an astonishing 15%.

Tracing its recent journey, after a brief dip below $600, the BNB price discovered a firm base around the $575 zone. It scribbled a low at $572.8 before kickstarting an upswing. The price leaped over the resistances set at $595 and $600. The bulls subsequently heaved the price beyond the $605 turning point.

These positive signs emerged continued growth to over a 5% rise, hovering impressively above the 23.6% Fibonacci retracement level. This increase mapped the latest shift from a swing low at $572.8 to a momentous high at $618.0.

At the moment, on the immediate front, a resistance is spotted near the $618 level. A secondary resistance then lurks around the $620 mark. A firm climb over this hurdle could spiral the price even further. In such an event, BNB could find itself testing the waters at $632. If it manages to close above the $632 resistance, this might establish momentum for a more sweeping climb towards the $650 mark. Any gains accumulated beyond this might necessitate a trial at the formidable $700 level in the approaching days.

On the flipside, should BNB falter at breaching the $620 resistance, it might instigate a downward rectification. The first rung of support, then, falls near the $600 level. The following significant support is stationed around the $590 mark, neighboring the trend line, or at the 61.8% Fibonacci retracement level read from the recent thrust, from a trough at $572.8 to the high at $618.0. The main support, then, is shelved at $575. Should there surface a downward plunge below the $575 support, it may trigger a potential slide towards the $550 mark.

Reflecting the markets bullish temperament, technical indicators such as the 4-hour MACD for BNB/USD are picking up momentum. Likewise, the 4-hour RSI for BNB/USD currently rests above the critical 50 level.

Investments in cryptocurrencies always come with inherent risks, so its essential for potential investors to conduct individual research before making any investment decisions. Its equally integral to understand the information discussed here is for educational purposes only, provided under the condition that its used entirely at ones own risk.

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Binance Coin (BNB) Surges 5%, Eyeing $620 Mark in Bullish Trend - West Island Blog

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Tom Brady is 'not opposed' coming out of retirement to help NFL team in need of QB - USA TODAY

When they were raising their four children, Billy and Erin Shipley had space for their family to grow: a two-story, five-bedroom house in Sugar Land, Texas, with a large yard and a pool. But as the children became adults and moved out, the second floor was deserted and maintaining the lawn and pool became a burden.

Like many members of Generation X facing an empty nest, the Shipleys decided to look for a home better suited to their needs where they could eventually live in retirement. They chose a three-bedroom, single-story house in Bridgeland, a planned community about 35 miles away. I did not look at it as a temporary exercise, Mrs. Shipley, 46, said. We could live here forever.

Mr. Shipley, 54, added that the single story was a draw. Its going to be great not having to walk up stairs later, he said.

Gen X is typically defined as those born between 1965 and 1980. Its oldest members are several years away from retirement, but they are already starting to think about where they will live in their 70s, 80s and even 90s.

The desire to grow older in ones own home rather than having to move in with family or to a retirement home is common among many generations. In 2021, 88 percent of older adults, defined as people at least 65 years old, lived in their own home, according to a report from the Harvard Joint Center for Housing Studies.

Overall demand is for maintaining quality of life as you age, said Joanna Frank, chief executive and president of the Center for Active Design, a nonprofit organization that developed the Fitwel standard used by architects, designers and developers to foster wellness at home and in the workplace.

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As Gen X-ers Inch Toward Retirement, They're Considering Where to Live - The New York Times

Nick Wagoner, ESPN Staff WriterApr 10, 2024, 07:19 PM ET

PALO ALTO, Calif. -- Stanford women's basketball coach Tara VanDerveer had flirted with retirement several times before, but she never thought she'd quite be ready to walk away from the job with which she has become synonymous for the better part of the past four decades.

Yet there VanDerveer sat at Stanford's Arrillaga Family Sports Center on Wednesday afternoon, spending roughly 45 minutes answering questions, telling stories and recounting the highs and lows of a legendary career in which she became the NCAA's winningest basketball coach with 1,216 victories at Stanford, Ohio State and Idaho, three national championships and 14 Final Fours at Stanford.

Stanford announced VanDerveer's decision to retire Tuesday night, adding that she will remain affiliated with the university in an advisory role and that Kate Paye, VanDerveer's longtime assistant and former player, was in the middle of negotiations to replace her. VanDerveer's retirement from the coaching position will become official May 8, which will mark exactly 39 years since she was hired as the Cardinal's coach.

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"After every year I really evaluate it, I've probably retired at least 20 times in my mind," VanDerveer said. "I just felt I'm ready. I never really thought I would be. I just felt like maybe I would just keel over on the bench because I love it. ... It kind of just came together."

For VanDerveer, it all came together after a season in which she didn't necessarily know it would be her last but checked plenty of boxes if it was going to be, especially with the diminishment of the Pac-12.

But even with the Pac-12's disintegration and Stanford poised to move to the Atlantic Coast Conference next year, a move that will come with a taxing travel schedule, VanDerveer emphasized that didn't play a role in her decision to step away.

"I want to just say that it has nothing to do with going into the ACC," VanDerveer said. "Really, that was a motivator to want to stay, to play that competition because I think it's going to be a great, great league."

According to VanDerveer, the motto for the 2023-24 Cardinal was simply "best year ever," and she was motivated to make it just that.

Along the way, she surpassed Mike Krzyzewski's NCAA record of 1,202 wins Jan. 21 and, more important, coached a team that ranked in the top 10 most of the year before bowing out in the Sweet 16.

As VanDerveer and her team walked off the Maples Pavilion court following a round of 32 overtime win against Iowa State, she allowed herself to ponder the idea that if it was her last game on the sidelines in Palo Alto, it was a fun way to go out.

According to some of her players, VanDerveer had made a habit throughout the season of savoring every moment. It was, perhaps, a clue that retirement might be forthcoming, but nobody was certain.

After Stanford's 77-67 loss to NC State in the Sweet 16, VanDerveer said she did what she usually does, taking some time to assess where she stood and if she wanted to continue. During that period of reflection, VanDerveer considered the amount of work and dedication it took to succeed at her job.

The thoughts struck a similar tone to 10 years ago, when VanDerveer said she came closest to walking away as she struggled with exhaustion. At a dinner with longtime Stanford supporter John Arrillaga and with the blessing of athletics director Bernard Muir, VanDerveer agreed to return but with the caveat that she would need the summer off.

This time, though, VanDerveer thought of playing bridge with her 97-year-old mother, Rita, and the opportunity to go water skiing and sailing without having to worry about the recruiting or any of the many other endless responsibilities of coaching.

Ultimately, VanDerveer decided she couldn't give her all around the clock anymore. She informed the school of her retirement Tuesday night and called her mother before the news broke.

"It's a bittersweet moment," senior guard Hannah Jump said. "I'm very happy for her and everything she's accomplished and all the lives and relationships she has kind of touched here. But also, it's sad. She had such an impact on this sport and all of our lives as well."

Stanford has not yet formally announced Paye as VanDerveer's successor, but all sides are aiming for that to happen sooner than later. Paye played for VanDerveer from 1991 to 1995 and has been on Stanford's staff for the past 17 seasons, during which she emerged as the obvious choice to one day step into the lead job.

On Wednesday, VanDerveer called Paye her "security blanket," and noted that Paye has paid her dues, passing up other head-coaching opportunities to wait her turn in Palo Alto. Now that time is near, and Paye acknowledged Wednesday the challenge that comes with replacing a legend.

"Tara is one of one," Paye said. "That's plain and simple. Nobody could ever replace her or duplicate her."

Paye said that while there will be plenty of change for the program in the next year, she expects to retain the coaching staff as she hopes to "lean into continuity."

And, as Paye and the Stanford program forge a new path, VanDerveer won't be far away. While VanDerveer is looking forward to doing the things her life in basketball have kept her from doing, she said she has more to contribute to the athletic program, whether that's as an ambassador or in an advisory role in which she helps coach other coaches.

"I want to be involved," VanDerveer said. "But it'll be a balance. When you're a coach ... You're on 24/7, and I'm ready for maybe just the seven, not the 24."

VanDerveer's retirement comes at a time when a handful of some of the most successful coaches in sports have also walked away from high-profile jobs, if not retired altogether. Former Alabama football coach Nick Saban retired after winning seven national championships. Former New England Patriots coach Bill Belichick did the same after winning six Super Bowls.

But VanDerveer is also walking away at a time when women's college basketball is thriving at previously unmatched levels. Sunday's NCAA championship game between Iowa Hawkeyes and South Carolina Gamecocks averaged 18.7 million viewers, besting the men's final by nearly four million average viewers, and marking the first time the women's final has drawn a larger number than the men.

While none of that seemed factor into VanDerveer's decision to stay or go, she said it will help her walk away at peace with her choice.

"The support for women's basketball is just growing, and for basketball in general, it's very, very exciting," VanDerveer said. "I feel like I'm leaving it in a good place."

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Stanford's Tara VanDerveer on retirement -- 'Just felt I'm ready' - ESPN