Trading

Binance and CEO build muscle in the fight against SEC lawsuit, bring in an all-star lawyer

Share: Binance and CZ have employed a uniquely qualified criminal defense all-star lawyer to their legal team. George Canellos boasts a profound professional history, expected to bode well for the largest crypto firm by trading volume. The move suggests the two household names are jointly preparing for criminal prosecution. ...

Binance Coin (BNB) Dumps to 6-Month Low, Bitcoin (BTC) Fails at $26K (Market Watch)

In another attempt to recover some of the recent losses, bitcoin tried its hand at $26,000 but failed in its tracks, at least for now. Some altcoins, such as ADA and MATIC, keep rebounding, but BNB has slumped hard once again to a multi-month low. Bitcoin Stopped at $26K It’s safe to say that the past seven days didn’t go well for bitcoin and the rest of the market. It all started on Monday when the US SEC launched a lawsui...

Massive Ethereum And Bitcoin Withdrawals Recorded On Binance And Coinbase

One of the most massive cryptocurrency withdrawals recorded on Binance and Coinbase. This is the largest withdrawal flow since December last year amid the fallout from the collapse of the FTX exchange. Both cryptocurrency exchanges have lost...

Solana community plans SOL fork to tackle SEC enforcement action and FTX, Alameda collapse

Share: The US Securities & Exchange Commission labeled Solana as a security. An investor in MagicEden supported the fork proposal and argued that it would help get rid of the SEC’s security label.  The collapse of FTX and Alameda and the SEC’s actions have rallied supporters in favor of the fork. The Securities & Ex...

ADA, SOL, SHIB Recover 8% Following Saturday’s Crash, XRP Reclaims $0.5 (Weekend Watch)

Albeit in a more modest fashion than the alts, bitcoin slumped hard yesterday by almost a grand before experiencing more volatility throughout the day. Most alternative coins, though, plummeted hard by double digits. The past 24 hours have been more positive as ADA, SOL, SHIB, and many others have managed to bounce off. Alts’ Rollercoaster It’s safe to say that the recent allegations made by the US Securities and Exchange C...

Shiba Inu price recovery uncertain as Shibarium launch likely to be delayed

Share: Shiba Inu price declined 23% over the past week amidst the crypto market bloodbath.  Shiba Inu’s Layer 2 scaling solution Shibarium’s launch will potentially be delayed.  The launch of Shibarium is highly anticipated in the crypto community and considered a bullish catalyst for the meme coin.  Shiba Inu holders’ woes...

Solana Jumps Above $14 Low And Reaches Oversold Area

The price of Solana (SOL) has declined since April 17. The oversold area of the market was affected by the downturn. Solana price long-term forecast: bearish Solana saw a sharp decline today, falling as low as $13.02 before recovering. Bear...

Altcoins Crash Double Digits, Bitcoin Dominance Soars (Market Watch)

The past 24 hours saw the majority of altcoins crash by a considerable margin and there are no signs of slowing down. However, there’s also a clear discrepancy between the price performance of certain altcoins to that of Bitcoin and Ethereum, both of which have remained relatively resilient. Bitcoin Dominance Soars Over the past 24 hours, Bitcoin’s dominance increased to around 46% (data from CoinGecko). This is a major dif...

Dogecoin Is Downhill As Bears Short Below $0.060

Dogecoin (DOGE) price has dropped drastically and has reached the oversold area of the market. Dogecoin price long term forecast: bearish The value of the cryptocurrency fell to $0.053 today before rebounding. The current support level at ...

Ripple (XRP) Only Major Alt in Green as SEC Takes Binance and Coinbase to Court: This Week’s Recap

What a week… There’s absolutely no need to beat around the bush, so let’s kick it off directly … the United States Securities and Exchange Commission sued Binance. That’s right, the world’s largest cryptocurrency exchange is under siege. Binance, Binance US, and Changpeng Zhao are all named in the lawsuit, as the SEC is out for blood. The Commission has asked the court to freeze the assets of Binance US and has also issued ...
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