Crypto Market News: Less than 24 hours from filing charges against world’s top crypto exchange Binance, the U.S. Securities and Exchange Commission (SEC) had on Tuesday filed a lawsuit against top US based exchange Coinbase.
US SEC accused Coinbase of operating as an unregistered broker, exchange, and clearing agency. However, it appears that the US based exchange is being given soft treat...
The bullish momentum that propelled Bitcoin BTC $26,740 price to a 2023 high over $30,000 on April 11 is all but gone after a fresh wave of SEC-led regulatory enforcement against Coinbase followed the June 5 lawsuit against Binance exchange.The contraction in Bitcoin price follows a market-wide decline, and analysts fear that BTC might be headed to new year-to-date lows. Let’s take a closer look at the factors impacting Bitcoin price tod...
The US Securities and Exchange Commission (SEC) lawsuit against the world’s largest crypto exchange Binance and CEO Changpeng “CZ” Zhao fails to bring massive liquidations or outflow as expected. Bitcoin price is merely down to $25800 from $26800, while Ethereum price maintains above $1800.
The SEC didn’t just bring pullback in the crypto market, but it impacted stock markets too as crypto...
Bitcoin’s price declined 5% in one hour on June 5 after the United States Securities and Exchange Commission (SEC) filed a lawsuit against Binance on allegations of violating federal securities laws. Even though the $25,500 support held for Bitcoin, investors are still digesting the potential impacts of the regulatory action, which also involves Binance CEO Changpeng “CZ” Zhao.According to digital asset investment firm Arca CEO Jeff Dorman,...
Crypto Market News: A product linked to the Render network (RNDR), which offers distributed GPU rendering on the blockchain, was mentioned in the Apple event on Monday as part of the keynote event. Artificial intelligence based crypto tokens like Render and SingularityNET have in the recent times gained popularity. Meanwhile, AI chatbots and other products are yet to integrate crypto payme...
The cryptocurrency ecosystem is seeing a rapid fall after the latest bombshell featuring the lawsuit filed against the world’s largest crypto trading platform Binance by the United States Securities and Exchange Commission (SEC). The news has unsettled the market with Bitcoin (BTC) price recording a sharp drop of 6.21% as it fell to $25,943.88.
The fall in the price of Bitcoin is an encomp...
The recent drop in Bitcoin’s price reflects a historical pre-halving behavior.
Bitcoin’s price often behaves in a “half-up, half-down” pattern during the pre-halving year.
During such periods, the market wrecks both the bulls and bears alternatively.
The founder of Into The Cryptoverse, Benjamin Cowen, thinks the recent drop in Bitcoin’s price reflects a historical pre-halving behavior. According to Cowen, in the pre-halving y...
Bitcoin (BTC) experts anticipate a bullish June amid historical data.
According to Willy Woo, June has historically shown a tendency for bullish behavior.
The real opportunity lies when the market returns to the mean, not during extreme movements, according to experts.
Bitcoin enthusiasts are eagerly eyeing June for a potential bullish rally, according to analysts engaged in a dialogue on Twitter. A Bitcoin fundamental data an...
Crypto Market News: Ahead of the June 13, 2023 deadline to make public the Bill Hinman speech documents, the U.S. Securities and Exchange Commission (SEC) appears to be cautious around the former director’s role in the agency. As the United States continues to increasingly become hostile to the crypto market with the current regulatory environment, the Ripple Vs SEC lawsuit comes across as...
The average transaction fee or gas fee on the Ethereum network has cooled substantially in the first week of June after reaching a multi-month high in May, owing to the meme coin frenzy and many MEV Bot activities. The average gas fee on Ethereum has come down to $7.34, almost one-third from last month's high of $20. In terms of Gwei, a denomination of Ether ETH $1,871 that represents one-billionth of one ETH, the daily median gas price ...
