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Binance Sees Persistent Bitcoin Outflows as Price Holds Near $90,000, Signal of Long-Term Bullish Sentiment

On-chain data shows that there have been persistent outflows from leading cryptocurrency exchange Binance, even as the price of Bitcoin hovers around the $90,000 mark, down from a new all-time high above $93,000. As highlighted by a recent CryptoQuant Quicktake post, Binance’s Exchange Netflow has consistently registered negative values over the past few weeks. The Bitcoin.com

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Consensys CEO Claims SEC Will Dismiss or Settle Crypto Cases

The legal conflicts between cryptocurrency firms and the United States Securities and Exchange Commission (SEC) may ease with Donald Trump’s reelection as the 47th president, Consensys CEO Joe Lubin suggested. “So my guess is, in a way that is not embarrassing, they figure out ways to get the cases dismissed or settled, or something like that,” Lubin said during an interview with Cointelegraph at DevCon 2024 in Thailand. “Maybe not all the cases, maybe not all elements of the case, but I have a feeling that our industry is going to save hundreds of millions of dollars going forward,” he Bitcoin.com