The Bitcoin price has shown a strong reaction after the lawsuits filed by the US Securities and Exchange Commission (SEC) against Binance and Coinbase, which may have surprised many. Generally, rising prices on negative news are a strong indication that the sell side is losing steam and a bottom is near. In the case of […]
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The UK’s Financial Conduct Authority (FCA) recently proposed some strict new rules for how crypto companies can market their products and services to customers. If passed, the regulations would clamp down on misleading hype and unrealistic promises, requiring more transparency and balanced information. According to a release by the FCA, the new rules, which will […]
The market is currently experiencing a downturn fueled by an unsettling combination of FUD (fear, uncertainty, and doubt). Adding to this challenging situation is the recent lawsuit filed against crypto exchange giants Coinbase and Binance by the US Securities and Exchange Commission. Both Binance and Coinbase were charged by the SEC of being unregistered exchanges […]
Stacks, the layer-1 protocol that enables smart contracts on Bitcoin, have demonstrated incredible resilience amid bearish market trends. Stacks’ STX token price has increased by over 6% over the past week and joined top-gaining coins today with a nearly 0.53% price gain, while the broader crypto market plunged by 1.63% in the last day. STX’s price […]
Due to concerns over the risk of scams, Australia’s largest bank, Commonwealth Banks (CBA), has recently announced the temporary delay of certain payments associated with crypto exchanges. This decision arose after the United States Securities Regulator (SEC) sued two major global exchanges, Coinbase and Binance. This comes just a few weeks after another major Australian […]
Despite the blow suffered by most of the crypto market, XRP continues to trade in the green on higher timeframes. The token is in a battle between the U.S. Securities And Exchange Commission (SEC) and payment company Ripple. This legal battle began two years ago but has become more relevant than ever as the regulator […]
Polkadot, the innovative multi-chain platform, has witnessed a remarkable surge in its key metrics following the launch of several ambitious projects. With an ecosystem bustling with activity and growing adoption, DOT’s performance metrics have soared to new heights. Amidst this flurry of activity and positive indicators, the cryptocurrency market remains notoriously volatile. Cryptocurrencies have been […]
Valhil Capital has published a new research paper assessing the fair value of XRP, and the results are astronomical. The private equity firm explains in the research paper, using six pricing models, that the fair value is somewhere between $3,500 and $21,900 per token. So, as one community member pointed out, it would only take […]
Shiba Inu (SHIB) has found itself in a challenging position as it grapples with a prolonged downward trend, reaching a critical support level that investors have anxiously awaited. The popular meme coin, known for its adorable dog-themed branding, has struggled to reverse its declining price trajectory in recent months. Despite the initial hype and enthusiasm […]
Ethereum price is moving lower from the $1,900 resistance against the US Dollar. ETH could decline heavily if there is a clear move below the $1,800 support. Ethereum is still struggling to clear the $1,900 and $1,920 resistance levels. The price is trading below $1,880 and the 100-hourly Simple Moving Average. There is a major […]
According to sources on June 6, Bitcoin is trading at a $2,000 premium on Binance US, an exchange the United States Securities and Exchange Commission (SEC) claims is controlled by Changpeng Zhao and Binance Global. According to screenshots widely circulated on Twitter, BTC, at one point, was reportedly trading at $28,505, a price level that […]
Binance Coin (BNB) has been one of the top-performing cryptocurrencies in recent years, with its value rising significantly since its launch in 2017. However, the coin has experienced a sharp decline in value following the recent Securities and Exchange Commission (SEC) complaint against Binance.US and increased regulatory oversight by the US watchdog. Currently, BNB is […]
Bitcoin price is correcting lower from the $27,400 resistance. BTC could start a fresh increase if it is able to clear the $26,600 resistance zone. Bitcoin started a fresh decline after it failed to clear the $27,400 resistance. The price is trading below $26,600 and the 100 hourly Simple moving average. There is a key […]
Shiba Inu (SHIB) has been experiencing a sustained downtrend, coinciding with the broader weakening of the market in recent times. In the past 24 hours, the meme-coin has seen a decline of nearly 4% on its chart. Looking at the weekly chart, SHIB has depreciated by 6%. The technical analysis of SHIB reflects a prevailing […]
Bitcoin price is falling, crypto is crumbling, and the United States SEC appears to be out for blood. But before a bloodbath occurs across the digital asset market, the top cryptocurrency by market cap is making a stand at a key level. In fact, BTCUSD is retesting an important moving average that in the past […]
Cardano (ADA) has emerged as one of the worst performers over the last day despite the rest of the market seeing some upside. This can be attributed to the security charges from the United States Securities and Exchange Commission (SEC), a classification that has loomed heavy over staking tokens in the last year. Cardano Foundation […]
In a fiery showdown, Coinbase CEO Brian Armstrong confronts the Securities and Exchange Commission (SEC) lawsuit, igniting a passionate response from the crypto community. His unwavering defense not only stirs enthusiasm among supporters but also intensifies demands for clear regulations in the industry. Armstrong has welcomed the SEC lawsuit against his exchange, stating that a […]
Over the last 24 hours, Bitcoin (BTC), the largest cryptocurrency in the market by capitalization, has again failed to consolidate above the $27,000 level. This key resistance was lost at the beginning of the downtrend on May 8th and has not been breached. Additionally, the upper resistance level placed at $27,500 has also proven to […]
Shiba Inu (SHIB) appears to be refueling its engines following a recent downturn. As the crypto community collectively holds its breath, the dog-inspired cryptocurrency could skyrocket to major highs sooner than expected. The latest catalyst propelling SHIB’s resurgence is a leap into the Metaverse. On June 6, the Shiba Inu Metaverse division unveiled its impending […]
Bitcoin keeps moving sideways in a tight range as regulatory pressure in the U.S. mounts with two lawsuits against major crypto exchanges. The number one crypto by market cap could yet see crab-like price action, but the bulls could catch a break in the short term, according to an analyst. As of this writing, Bitcoin […]