Bitcoin price falls below $25,800. The price of Bitcoin has fallen below $25,800, a level not seen since July 2022. The sell-off is being attributed to a number of factors, including the ongoing war in Ukraine, rising inflation, and the Federal Reserve's plans to raise interest rates.
Binance.US CEO Brian Shroder leaves the company. Binance.US CEO Brian Shroder has left the company after less than a year in the role. Shroder's departure comes as Binance.US is facing a number of challenges, including regulatory scrutiny and a lawsuit from the Securities and Exchange Commission.
Decentralized exchanges awash in fake trades, research report says. A new report by research firm Solidus Labs has found that decentralized exchanges (DEXs) are awash in fake trades. The report found that over $2 billion worth of crypto has been fraudulently traded on Ethereum-based DeFi platforms since 2020.
Coinbase to discontinue all services in India this month. Cryptocurrency exchange Coinbase has announced that it will discontinue all services in India this month. The decision comes after the Indian government imposed new regulations on cryptocurrencies.
SEC rejects spot Bitcoin ETF application from Grayscale. The U.S. Securities and Exchange Commission (SEC) has rejected the spot Bitcoin ETF application from Grayscale Investments. The decision is a major setback for the cryptocurrency industry, which has been hoping for the approval of a spot Bitcoin ETF for years.
These are just a few of the top crypto news headlines for today. For more information, you can visit CoinDesk, The Block, or CryptoSlate.