The recent lawsuit filed against Binance and Coinbase Exchange by the United States Securities and Exchange Commission (SEC) is having little or no impact on long term Bitcoin (BTC) HODLers. According to data from crypto markets analytics provider, Glassnode, the percentage of Bitcoin Long-Term Holder Supply sent to Exchanges remains extremely low at just about 0.004%.
The percentage of #B...
Crypto Market News: The rivalry between Cardano founder Charles Hoskinson and the XRP token holder community could finally be ending as both sides agree to make peace. This could not have come at a better time as the US Securities and Exchange Commission (SEC) continues to attack the crypto market with lawsuits. It may be recalled that the SEC recognized top altcoins Cardano (ADA), Polygon ...
Crypto Market News: Amid heightened regulatory scrutiny on crypto market ecosystem in the United States, Hong Kong Legislative Council member Johnny Ng is inviting global virtual asset trading operators to set up shop in the region. This comes after the U.S. Securities and Exchange Commission (SEC) targeting top US based crypto exchange Coinbase with charges of violating securities laws in ...
Crypto News: The regulatory crackdown on cryptocurrencies by the US Securities and Exchange Commission (SEC) has sent shockwaves through the broader crypto market, leading to a significant downturn. Major cryptocurrencies, including Polygon’s MATIC, Cardano (ADA), and Solana (SOL), experienced double-digit losses overnight, while Bitcoin’s decline was relatively modest compared to its altco...
Crypto Market News: The decision to liquidate crypto holdings by a crypto proprietary trading firm is rumored to be the reason behind the widespread drop in altcoin prices on Saturday. While the Bitcoin price is down by around 4% in the last 24 hours, the global crypto market value currently stands to be $1.04 trillion, registering a 5.74% decrease over the last 24 hours. Among the top cryptocurrencies, Cardano (ADA) and Solana (SOL) lost the m...
Crypto Market News: After publicly criticizing XRP community over online trolling, Cardano founder Charles Hoskinson finally appears to be interested in patching up with them. Earlier, CoinGape reported that Hoskinson had cut ties with the XRP community by blocking Twitter accounts he claimed to be targeting him. In the wake of the back to back lawsuits by the U.S. Securities and Exchange C...
Crypto Market News: The US Department of Justice on Friday said it unsealed charges related to the hacking of cryptocurrency exchange Mt. Gox in 2011. The charges are also linked to the operation of the cryptocurrency exchange BTC-e, it said in a statement. The defunct crypto exchange has recently been in news over the deadline for repayments to its creditors. The new deadline for the repay...
Crypto Market News: In what could most likely be an effect of the U.S. Securities and Exchange Commission’s (SEC) lawsuits against two of the top crypto exchanges Binance and Coinbase recently, American financial services company Robinhood announced on Friday it would end support to some of the crypto market tokens it is currently offering on its platform. The company said its review of the...
Bitcoin (BTC) and the broader cryptocurrency market faced strong selling pressure amid SEC slapping lawsuits on two biggest crypto exchanges – Binance and Coinbase. As heavy regulatory action in the US and the West continues, a large part of Bitcoins has been moving to the East.
On-chain data from Glassnode shows that the East has been absorbing most of the Bitcoin (BTC) outflows from the ...
Crypto Market News: In a fresh development, top crypto exchange Kraken is set to launch its NFT Marketplace on the Polygon ($MATIC) network. The exchange announced that Kraken NFTs are officially ready to launch, meaning they are no longer in beta. The marketplace could potentially attract NFT artists, enthusiasts and the like. In addition to the Polygon blockchain integration, the marketp...
