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Frenzy

<p>Another week ends with noteworthy developments witnessed within the cryptocurrency landscape. Bitcoin, Binance, and pre-halving market corrections appear to have garnered considerable attention among crypto market traders and investors globally.</p> 
<p>Some of the top headlines that nabbed significant attention this week are:</p> 
<h2 id="btc-halving-nears">BTC Halving Nears</h2> 
<p><a href="https://coingape.com/crypto-market-selloff-experts-reveal-why-btc-eth-xrp-other-altcoins-fell-suddenly/" target="_blank" rel="noopener">Bitcoin</a>, the flagship crypto, fueled a sense of immense frenzy among crypto investors this week as it noted strong corrections in the market. CoinMarketCap’s data spotlighted a dip as low as $64K for BTC this week, resulting from the token’s pre-halving corrections. BTC price currently rests at $69,339, with the token regaining an upward momentum as the halving approaches.</p> 
<p>Intriguingly, with the <a href="https://coingape.com/bitcoin-halving-coming-early-why-massive-volatility-expected/" target="_blank" rel="noopener">BTC halving coming in early</a> as expected, on April 18, the broader industry raised concerns over a turbulent market this week. Amid this, leading crypto analyst <a href="https://coingape.com/top-bitcoin-analyst-says-this-data-to-trump-bitcoin-halving-impact/" target="_blank" rel="noopener">Markus Thielen</a> spotlighted a plethora of reasons for BTC’s weekly dip, attributing it to a historical pre-halving drop, US Fed interest rate cut expectations, and on-chain data.</p> 
<h2 id="binance-sparks-speculations">Binance Sparks Speculations</h2> 
<p>On the other hand, <a href="https://coingape.com/binance-strengthens-safety-standards-amid-regulatory-hurdles/" target="_blank" rel="noopener">Binance,</a> the world’s leading crypto exchange, piqued significant interest this week, embarking upon a bounty of legal chronicles. The CEX reportedly tightened its safety measures this week, coming amid rising regulatory hurdles and challenges.</p> 
<p>Meanwhile, executives of the leading crypto exchange faced legal tussles in <a href="https://coingape.com/binance-releases-statement-ahead-execs-court-trial-nigeria/" target="_blank" rel="noopener">Nigeria</a> over money laundering and tax charges, pushing Binance to present a statement in its defense. Additionally, Binance, Binance.US, and former <a href="https://coingape.com/binance-binanceus-cz-resolve-all-discovery-disputes-with-us-sec-heres-what-next/" target="_blank" rel="noopener">CEO Changpeng “CZ” Zhao</a> have nearly concluded discovery and deposition requirements requested by the securities regulator U.S. SEC. Submitting a joint status report in the court, the abovementioned parties stated that they have no bumps on the road for adjudication.</p> 
<p><strong>Also Read: <a href="https://coingape.com/dogecoin-core-dev-clears-up-grok-ai-radiodoge-claims/" target="_blank" rel="noopener">Dogecoin Core Dev Clears Up Grok AI RadioDoge Claims</a></strong></p> 
<h2 id="pre-halving-corrections-take-the-crypto-world-by-storm">Pre-halving Corrections Take The Crypto World By Storm</h2> 
<p>Whereas, amidst the abovementioned chronicles, the broader crypto market witnessed strong price corrections this week. Some of the most renowned cryptos, including <a href="https://coingape.com/bitcoin-short-term-investors-lose-5-2b-amid-btc-price-crash/" target="_blank" rel="noopener">BTC</a>, ETH, <a href="https://coingape.com/xrp-1-april-analyst-upholds-forecast-despite-market-corrections/" target="_blank" rel="noopener">XRP</a>, <a href="https://coingape.com/top-5-meme-coins-falling-today-here-why/" target="_blank" rel="noopener">DOGE</a>, and <a href="https://coingape.com/why-dogecoin-and-shiba-inu-prices-fell-today/" target="_blank" rel="noopener">SHIB</a>, witnessed a notable retracement in prices. Market experts deem this to be an effect known as the “pre-halving” correction for BTC, while other altcoins appear to have mimicked this broader downtrend right as the halving approaches.</p> 
<p>However, with the anticipation of the halving coming in early, the crypto industry braces for a prompt shift to a potential market bull run.</p> 
<p><strong>Also Read: <a href="https://coingape.com/bitcoin-whale-buys-1-billion-worth-of-assets-bullish-outlook/" target="_blank" rel="noopener">Bitcoin Whale Buys $1 Billion Worth of Assets: Bullish Outlook?</a></strong></p> 
<p>The post <a href="https://coingape.com/crypto-headlines-week-bitcoin-binance-pre-halving-corrections-ignite-frenzy/">Crypto Headlines Of The Week: Bitcoin, Binance, &amp; Pre-Halving Corrections Ignite Frenzy</a> appeared first on <a href="https://coingape.com">CoinGape</a>.</p>

Crypto Headlines Of The Week: Bitcoin, Binance, & Pre-Halving Corrections Ignite Frenzy

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