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Crypto Pulse Daily: Binance Sues WSJ For Defamation Over Iran Sanctions Article as DOJ Opens Probe
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CoinGape Newsletter
March 11, 2026
Crypto exchange Binance has sued the Wall Street Journal (WSJ) for defamation over an article alleging the exchange processed transactions linked to Iranian entities. This move comes just as the U.S. Department of Justice (DOJ) opened a probe into whether Iranian entities used the exchange to evade sanctions.
Crypto prices are up today, led by Bitcoin, which has climbed to as high as $71,000. The rally comes amid the IEA’s announcement that it plans to release a record 400 million barrels of oil to curb market volatility and shore up the current supply shock.
 XRP price is rising today, March 10, after the recent 13F filings showed that some of the top Wall Street companies, including Goldman Sachs, are some of the biggest buyers of the spot exchange-traded funds (ETF). Ripple jumped by over 5% to $1.4325, and is slowly showing bottoming signs. Bloomberg’s James Seyffart noted that Goldman Sachs was the biggest holder of spot XRP ETFs with an exposure worth over $153 million. This is important as all these funds hold over $971 million in assets, meaning that the bank holds about 15% of all of them. |  The crypto market is rallying today, with Bitcoin climbing above $71,000. Ethereum, XRP, Solana, and meme coins are gaining 3-10%, triggering a strong upside move in the total crypto market cap to over $2.42 trillion today. This comes amid the latest US macro developments, easing concerns over the US-Iran war, and tech stocks rebound. Today’s crypto market rebound comes primarily due to easing oil prices in the last two days. Positive sentiment fueled whale accumulations and BlackRock Bitcoin ETF (IBIT) call options buy. |