Deeply negative funding rates in BNB, perpetual futures show traders are leaning bearish on the world's fifth largest cryptocurrency. Reports godbole17.
whether the recent U.S. court's ruling favoring Ripple would help Binance in its fight against the U.S. Securities and Exchange Commission.
Last week, in a highly anticipated ruling in the SEC's case against Ripple Labs for violating securities law through XRP sales, the District Court for the Southern District of New York ruled that XRP is not a security when offered to individuals through centralized exchanges, adding that it will be treated as one when offered to institutional investors. In early June, the SEC charged Binance and Coinbase for offering unregistered securities over their platforms.
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