Binance finds itself entangled in a lawsuit filed by the US Securities and Exchange Commission (SEC), dealing a heavy blow to BNB, the token issued by Binance. The allegations leveled against the crypto exchange suggest its involvement in unlawful…
MATIC Faces Long-Term Struggle For Growth As SEC Claims It’s A Security
MATIC is currently facing increased uncertainty as it has been officially classified as a security by the US Securities and Exchange Commission, as revealed in the recent filing against Binance. Consequently, the Polygon blockchain token…
Ethereum’s Vitalik Buterin, Polygon’s Sandeep Nailwal Donate $100 Million To COVID-19 Research
Vitalik Buterin, co-founder of Ethereum, and Sandeep Nailwal, co-founder of Polygon, have pledged $100 million to help accelerate COVID-19 research and relief efforts in India. With COVID-19 variants continuing to emerge and spread, and with a…
Terra Classic (LUNC) Analysis: Is The $0.00012 Target Within Reach?
During the past seven days, the price of LUNC, the cryptocurrency of Terra Classic, has displayed a back-and-forth movement characterized by alternating green and red candles. This pattern suggests a lack of dominance from buyers or sellers…
SUI Price Plummets By 38% In 7 Days – Will It Recover Anytime Soon?
The price of SUI has experienced a significant decline in the past week, dropping by 38.13%. In the last 24 hours alone, the price has fallen by 21.51%. However, there is a glimmer of hope as the price slightly increased by 1.53% in the past hour…
Optimism Bedrock Upgrade: Transaction Fee Savings Hit $150,000 And Counting
The Optimism Bedrock marks a significant milestone in the network’s evolution. This groundbreaking upgrade, successfully launched on June 7, ushers in a plethora of major advancements, most notably an impressive reduction in network costs. By…
Bleak Dogecoin (DOGE) Social Sentiment Raises Questions About Price Reversal
Dogecoin (DOGE) has recently found itself at the center of a storm caused by the US Securities and Exchange Commission’s (SEC) lawsuit against major exchanges Binance and Coinbase. As media outlets spread fear, uncertainty, and doubt…
Cardano (ADA) Faces Obstacles In Reaching Key Level In June – Here’s Why
Cardano (ADA), along with numerous other major altcoins, experienced a significant downturn in recent days, causing considerable losses for investors. However, the downward trajectory of prices observed across the cryptocurrency market did not…
Bitcoin (BTC) Lower Timeframe Outlook: $26,800 Breakthrough Could Spark Rally
Bitcoin (BTC), the largest cryptocurrency in the market, made a fake attempt to breach the $27,500 barrier on Tuesday. Since then, it has been trading sideways, moving within a narrow channel. The 50-day Moving Average, which is the nearest…
Bitcoin “Throwback” Could Trigger Flawless Technical Bottom Formation
Bitcoin price is struggling after failing to make it above resistance last month. Combined with the recent pressure on the crypto market applied by the US SEC, things aren’t looking great for bulls. However, the correction has stopped…
Crypto Investor Sentiment Refuses To Budge, But Can The Weekend Change This?
Crypto investor sentiment has been in the same place for over a month as investors have been hard-pressed to make a decision. This comes amid heightened regulatory headwinds with the United States Securities & Exchange Commission suing the…
Tron Upward Price Momentum At Risk Unless Key Resistance Is Breached
Over the past few weeks, the price of Tron (TRX) has experienced an upward movement. However, it has struggled to break through a crucial resistance level for a significant period of time. In the last 24 hours, TRX saw a 1% increase, while on the…
Binance.US Suspends USD Deposits And Withdrawals Amid SEC Pressure
Binance.US, in response to the aggressive tactics employed by the Securities and Exchange Commission (SEC) in its ideological campaign against the American digital asset industry, on its official Twitter handle has announced the suspension of USD…
Here’s How Current Bitcoin Capitulation Compares With Past Crashes
On-chain data shows that Bitcoin short-term holders are depositing 0.82% of their supply to exchanges. Here’s how these inflows compare with past crashes. Bitcoin Short-Term Holder Inflows Have Been Elevated Recently The BTC market can be…
LUNC Token Continues To Surge During Market Uncertainty, What’s Behind It?
Terra Classic (LUNC), the original chain left behind after the Terra Luna/UST collapse, has given a glimmer of hope to investors over the past few days. LUNC went into an uptrend amid heightened market uncertainty and bearish investor sentiment…
Avalanche Approaches Vital Support Level, What Comes Next?
Avalanche (AVAX) has experienced a bearish trend over the past few months, particularly after being rejected from the $17.50 price level. This rejection has allowed the bears to exert significant control over the price. In the last 24 hours, AVAX…
Shiba Inu (SHIB) Price At The Most Crucial Point In Its History?
After Shiba Inu (SHIB) had a fabulous rally at the beginning of the year, the price has been in a sustained downturn since February 5, which neither the beta launch of Shibarium nor an increase in monthly burn rates were able to prevent. With the…
Former SEC Chairman Deserves Appreciation From Ripple, Alderoty States
Ripple General Counsel Stuart Alderoty, recently acknowledged the former United States Securities and Exchange Commission (SEC) Chairman, Late Harvey Pitt, in a tweet expressing gratitude towards his contribution. He added that Ripple owes a debt…
Crypto Market Tension: ADA, BNB, MATIC, SOL Crash Over 10% In Past Week
In a market heavily influenced by Bitcoin (BTC) and Ethereum (ETH), their slight price decline recently has been overshadowed by a more substantial fall in larger altcoins. Notably, Cardano (ADA), BNB (BNB), Polygon (MATIC), and Solana (SOL) have…
Bearish BNB Signs Hint Downtrend May Persist Beyond Expectations
BNB is currently displaying bearish signs that suggest a possible continuation of the ongoing downtrend, surpassing the expectations of many investors. Despite initial hopes for a swift recovery, the persistence of these bearish signs compels…
Tether (USDT) Sharks & Whales Rapidly Accumulate, Why This Is Bullish For Bitcoin
On-chain data shows that Tether (USDT) sharks and whales have been rapidly growing their holdings since Bitcoin’s volatility started. Tether Sharks & Whales Grow Holdings As USDT Exchange Supply Plunges According to data from the on-chain…
Coinbase CEO Faces Allegations Of Insider Trading In $1.7 Million Stock Sale
The recent allegations of insider trading against Coinbase CEO Brian Armstrong have raised concerns among investors and industry experts. Armstrong sold nearly 30,000 shares of his company worth over $1.7 million just two days before the Securities…
Crypto.com’s CRO Firm Despite SEC Lawsuit Fears, Time To Watch The Token?
CRO, the native token of the Cronos blockchain, an open-source, interoperable, and Cosmos-based platform, a centralized crypto asset exchange, is steady despite some community members fearing that the United States Securities and Exchange…
MATIC has experienced a downward trend over the past few months, but there is a possibility of a reversal. In the last 24 hours, the altcoin attempted a slight 0.2% increase, but the weekly chart showed a 13% depreciation, indicating a strong…
Bitcoin Forms Bullish Butterfly Pattern, Targets $32,000
Bitcoin (BTC), the largest cryptocurrency in the market, is currently trading sideways after showing signs of recovery in the wake of the Securities and Exchange Commission (SEC) lawsuits against Binance and Coinbase. Although BTC managed to…
Stablecoin Market Cap Decreases, But Whales Remain Unfazed: Santiment
According to data from leading crypto analytics firm Santiment, a distinct trend has unfolded in the stablecoin sphere. Even as stablecoins designed to maintain parity with a reserve asset like the US dollar, continue to hold their $1 peg, the…
Bitcoin Bearish Signal: Dormant 1,433 BTC Moves After 10+ Years
On-chain data shows a large amount of Bitcoin older than 10 years has suddenly moved today, a sign that could be bearish for the price. Bitcoin Dormant From More Than 10 Years Ago Has Abruptly Moved As pointed out by an analyst in a CryptoQuant…
Cardano Price Threatens Multi-Month Low Unless Bulls Defend This Support
The Cardano (ADA) price experienced a decline, breaking below the $0.33 level. This downward movement has resulted in bears gaining control of the market. ADA has lost around 4% of its value in the past 24 hours and has seen a weekly plunge of…
Bitcoin Bollinger Bands Herald Higher Volatility, What’s Next For BTC?
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…
UK Financial Conduct Authority Clamps Down on Crypto Marketing
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…
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