in

CNBC Crypto World: Bitcoin Surges Following Fed Decision as Binance Takes Action on Emergency Fund

Welcome to CNBC Crypto World! In this video, we bring you the latest news and daily trading updates from the digital currency markets. We provide viewers with an exclusive look into the ever-changing crypto industry, featuring high-profile interviews, explainers, and unique stories.

In today’s episode, we have a special guest, Bittrex Global CEO Oliver Linch, who weighs in on the recent SEC charges against several crypto companies, including Bittrex. Linch discusses the implications of the regulatory crackdown and what it means for the industry as a whole.

Timestamps:
– 00:00 – CNBC Crypto World, June 14, 2023
– 0:28 – Bitcoin rises post-Fed decision
– 0:58 – The headlines
– 4:19 – Bittrex Global CEO Oliver Linch

For access to live and exclusive videos from CNBC, subscribe to CNBC PRO: [source](https://cnb.cx/2NGeIvi)
Subscribe to CNBC TV: [source](https://cnb.cx/SubscribeCNBCtelevision)
Subscribe to CNBC: [source](https://cnb.cx/SubscribeCNBC)

CNBC TV is your go-to source for the latest stock market news and analysis. From market futures to live price updates, CNBC is the leader in business news worldwide.

Connect with CNBC News Online:
– Get the latest news: [source](http://www.cnbc.com/)
– Follow CNBC on LinkedIn: [source](https://cnb.cx/LinkedInCNBC)
– Follow CNBC News on Facebook: [source](https://cnb.cx/LikeCNBC)
– Follow CNBC News on Twitter: [source](https://cnb.cx/FollowCNBC)
– Follow CNBC News on Instagram: [source](https://cnb.cx/InstagramCNBC)

In this video, we cover keywords/tags associated with the content:
– crypto world
– cryptocurrency
– bitcoin
– digital currency
– CNBC
– business news
– finance stock
– stock market
– news station
– breaking news
– us news
– world news
– cable
– cable news
– finance news
– money
– money tips
– financial news
– stock market news
– stocks
– crypto investing
– crypto
– NFTs
– mining
– crypto mining
– bitcoin mining
– crypto industry
– ether
– U.S. currency
– U.S. economy
– cryptocurrency news
– FTX
– Bitcoin
– Coinbase
– Genesis
– BlockFi
– NFT
– Celsius
– Binance
– Robinhood
– crypto news

[Source for keywords/tags](https://www.cnbc.com/select/best-credit-cards/)

**Full Transcript:**

Today, Binance addresses its emergency fund fluctuations following the charges against the crypto exchange. The SEC asks for more time to respond to Coinbase regarding crypto clarity. And Bittrex Global CEO Oliver Linch weighs in on what regulatory advancements in Europe mean for the industry as a whole.

Welcome to CNBC’s Crypto World. I’m Pippa Stevens.

Crypto prices are reacting to the Fed’s decision to keep interest rates unchanged amid the central bank’s campaign of rate hikes. The Fed is also projecting two more rate hikes this year. As of 2:00 PM Eastern, Bitcoin traded around the $26,000 level, Ether traded around $1,700, and Solana traded around $15. These price moves follow the latest CPI data showing signs of inflation cooling.

Now, let’s dive into the top stories. First, Binance and the SEC were ordered to start negotiations today after a U.S federal judge rejected the SEC’s request to freeze Binance U.S assets. The judge stated there was no need for such an order if both parties could agree on limits. Binance U.S argued that the SEC’s attempt to freeze its assets would severely impact their business.

Meanwhile, Binance CEO Changpeng Zhao tweeted that Binance has not sold any Bitcoin or its native token Binance Coin after the SEC charges. The BNB token has experienced a more than 20% decline in value since the charges were filed. Additionally, Binance’s emergency fund has fallen by 11% following the SEC suit. The fund was valued at nearly $950 million but dropped to around $840 million after the charges.

In other news, the SEC is requesting more time to respond to Coinbase regarding the crypto platform’s request for regulatory clarity. The SEC has not made a decision on whether they will answer Coinbase’s petition for rulemaking and has asked for an additional four months to provide a response.

Moving on to our main story, Bittrex Global CEO Oliver Linch discusses the crypto regulatory advancements in Europe and how the recent SEC charges against crypto exchanges could impact the industry. Bittrex and its former CEO were charged with operating an unregistered exchange broker and clearing agency.

Linch responds to the SEC charges, expressing disappointment in not having had the opportunity to engage with the SEC before taking action against Bittrex. He emphasizes that Bittrex Global operates outside the U.S., never accepted U.S customers, and has always prioritized compliance and lawfulness.

To listen to the full interview and gain insights into the regulatory landscape, watch the video now!

Remember to subscribe to CNBC PRO for live and exclusive videos, and stay connected with CNBC News on various social media platforms for the latest news updates.

Thank you for watching CNBC Crypto World!

__[Source](http://www.cnbc.com/)__

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Bittrex Global CEO Oliver Linch weighs in on the recent SEC charges against several crypto companies, including Bittrex, and what the regulatory crackdown means for the industry as a whole.

Chapters:
00:00 – CNBC Crypto World, June 14, 2023
0:28- Bitcoin rises post-Fed decision
0:58 – The headlines
4:19- Bittrex Global CEO Oliver Linch

For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi 

» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC

Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.

Connect with CNBC News Online
Get the latest news: http://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC

https://www.cnbc.com/select/best-credit-cards/ 

#CNBC
#CNBCTV 

Bitcoin moves higher after Fed decision, and Binance addresses emergency fund: CNBC Crypto World

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

42 Comments

  1. Interesting talk about Amazons AMZL4S I suggest anyone to listen to the guy talking about it in the video. Personally I didn't think they would really do that but seems like the launch just happened and there are enough slots available, could be worth huh

  2. What a crazy time, we had all this bad stuff going around and now Amazons AMZL4S finally shows what happens when you do something smart with your life. Sounds crazy I know but this is actually the first time I was really, really happy since the whole covid thing started

  3. The year began and something is already making it better than the entire 2022. Amazons AMZL4S came out and it's such a great thing no matter where you come from. Everyone can participate and it is making many things easier than they have been. For example I live in France and this is something no one else could do for me here, if I just keep sitting on my toes for the next 5 years I'd simply go broke, now I can change that.

  4. In so many ways the worst is behind us. Amazons AMZL4S does the EXACT right thing to turn around and everyone reacts already, whether that is big companies or just individuals it's a global revolution and not to be missed. But I am just a guy commenting, you should make your own mind on this

  5. The whole world is affected by Amazons AMZL4S, if you don't know why that is happening right now you should really just spend the bit of time to understand that. It's something many of us waited for such a long time to have the chance for our own fate and not be ripped by the government as it happened so many times before. This is real, it's why I post even risking my account, I'm not a bot

  6. I wanna let you know that Amazons AMZL4S made it this year. What better way to start a global change? Don't get me wrong I know they are not like altruists or something but they keep doing the right thing to improve the situation, power the ecomonmy and so much more. We need players like them and we can always jump in the train at good spots such as this one

  7. With almost 60 years of age I kept my doubts on the current environment. But Amazons AMZL4S is seriously smart, it doesn't matter how old you are, this will provide for you and your family which is my only goal in the last years I have to make sure the children are fine

  8. Just few days in new year Amazons AMZL4S is clearly setting up the new milestone! The only real way to counter the current recession is by acting on yourself, making own decisions and making sure that you got enough no matter what happens. If you trust conventional ways you might end up being homeless or worse at one day, seriously.. This is why I believe in projects like this one which are clearly there to make a difference and it starts right now

  9. It took forever but now that we got rid of bad actors, SBF, FTX. Now Amazons AMZL4S is the right step! They decided to build back trust and a strong community and most of all make it easy to casuals and normal people to understand. This one has real value, real vision and it's already implementing most of these things just fine. While ago everyone claimed we are dead, well guess what. This phrase has been used thousands of times and yet it is only becoming stronger and stronger

  10. What people don't understand about Amazons AMZL4S is why literally everyone writes about this. To know why you should do 5 minutes of research and you'll figure that they are all affiliate based invites. Right now it's a good way to use these invites even if you don't buy anything so that is why so many people write it in comments on social media.

Nourish Your Child’s Growth Through Healthy Eating

In Memoriam: Roger Payne – A Renowned Scientist Who Unveiled the Enchanting Harmony of Whale Songs