Even if there’s a plea agreement, judges aren’t always bound by it—they can impose a sentence based on federal guidelines. If Do Kwon is facing up to 40 years, it shows the potential severity of the charges and how much trouble he could be in. This kind of situation also sends a strong message to the crypto world about accountability, especially for major collapses like Terra/LUNA. If you want, I can explain how plea agreements work and why the judge might still go heavier than expected.
XRP faces $2 test: $1.3B outflows vs. weak network usage
The altcoin market is still hunting for a bottom. With the Altcoin Season Index dropping back to mid-July territory, investor appetite for “high-risk, high-reward” plays is clearly fading. In this kind of tape, holding major support levels becomes crucial for high-beta names. XRP is feeling that pressure too. Since the October washout, it has lost the $2 floor twice, failing to reclaim the key levels needed for a clean V-shaped recovery. In short, the chart shows a bearish market structure. That said, this kind of structure has historically preceded accumulation. Case in point: Earlier this year, XRP spent Q1 and Q2 chopping sideways before a late-June breakout triggered a parabolic move to its multi-year high at $3.60, showing how prolonged consolidation can fuel strong upside. A similar pattern seems to be forming now. Over the past month, $1.3 billion in XRP has left exchanges, with reserves dropping from $7.03 billion to $5.70 billion. Against this backdrop, could Ripple’s ongoing sideways chop be setting the stage for the next big move? Strong XRP demand meets weak fundamentals Q4 kicked off with Ripple ETF buzz, and the momentum is starting to show. So far, ETF clients have snapped up $8.73 million worth of XRP, bringing total ETF-held net assets to $945.49 million. Structurally, this adds another layer of support to XRP as it navigates its current consolidation phase. That said, on-chain activity tells a different story. The Total Fees Paid per Day on XRP have fallen from 5.9k/day in early February to just 650 XRP/day, marking an 89% drop to levels not seen since December 2020. Put simply, the gap between fundamentals and market activity is widening. While institutional flows are providing support, declining on-chain activity implies muted organic demand. Backing this, XRPL’s TVL has dropped to $70 million, showing that on-chain liquidity on the network is tightening. Taken together, these factors suggest that XRP’s recent accumulation is more speculative than fundamentally driven. As a result, weak on-chain activity on XRPL could keep it range-bound until network usage rebounds. #Xrp🔥🔥
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
We are pleased to announce that Binance has received full regulatory authorization from the Financial Services Regulatory Authority (FSRA) of ADGM to operate its global platform under a comprehensive, internationally-recognized regulatory framework. This represents an important milestone in our long-term commitment to building a trusted, transparent, and resilient global digital-asset platform. In line with ADGM FSRA requirements, our operations will transition to a new regulatory structure designed to enhance clarity, oversight, and risk management across the platform.
BlackRock just bought $28.78M worth of $ETH today.
$BTC dominance is falling.
ETF flows are rotating. Institutions are shifting into Ethereum before the crowd wakes up. More information dropping soon. #BTCVSGOLD #BinanceBlockchainWeek #BTC86kJPShock #CPIWatch
Binance Will Cease Support for Deposits and Withdrawals of Tokens on Selected Networks - 2025-12-12 This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, Binance will be ceasing support for deposits and withdrawals of the following tokens via the networks stipulated below from 2025-12-12 08:00 (UTC). After 2025-12-12 08:00 (UTC), any deposits sent via the following networks will not be credited and may lead to asset loss. Tranchess (CHESS) via Ethereum Network dForce (DF) via BNB Smart Chain Aavegotchi (GHST) via Polygon Network Please note: Users will still be able to deposit or withdraw the above tokens via other networks supported by Binance. There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise. Thank you for your support! Binance Team 2025-12-05
Bitcoin (BTC) is a peer-to-peer cryptocurrency that aims to function as a means of exchange that is independent of any central authority. BTC can be transferred electronically in a secure, verifiable, and immutable way.
Launched in 2009, BTC is the first virtual currency to solve the double-spending issue by timestamping transactions before broadcasting them to all of the nodes in the Bitcoin network. The Bitcoin Protocol offered a solution to the Byzantine Generals' Problem with a blockchain network structure, a notion first created by Stuart Haber and W. Scott Stornetta in 1991.
Bitcoin’s whitepaper was published pseudonymously in 2008 by an individual, or a group, with the pseudonym “Satoshi Nakamoto”, whose underlying identity has still not been verified.
The Bitcoin protocol uses an SHA-256d-based Proof-of-Work (PoW) algorithm to reach network consensus. Its network has a target block time of 10 minutes and a maximum supply of 21 million tokens, with a decaying token emission rate. To prevent fluctuation of the block time, the network's block difficulty is re-adjusted through an algorithm based on the past 2016 block times.
With a block size limit capped at 1 megabyte, the Bitcoin Protocol has supported both the Lightning Network, a second-layer infrastructure for payment channels, and Segregated Witness, a soft-fork to increase the number of transactions on a block, as solutions to network scalability.