SOL, ADA, MATIC Prices Stabilize as Foundations Hit Back on SEC Lawsuit Allegations
The tokens were up as much as 5% in the past 24 hours even as the broader market remained nominally changed.
Posts published on June 11, 2023 go to media archive 1/2
The Potential of NFTs and the Metaverse ‘Remain Vast and Largely Untapped’ Says Peer Inc CEO
According to Tony Tran, the chairman and CEO of Peer Inc, the cooling interest in non-fungible tokens (NFTs) and the metaverse particularly by corporations and tech giants like Meta does not signal their end but instead “it reflects the…
Democrats’ ‘war on crypto’ will lose its key voters: Winklevoss twins
Young people have been shown to be the biggest crypto adopters that also largely voted for the Democrats in the last election.
Crypto traders can mitigate risk with PODS’ FUD Vault – now live on mainnet
The team of Pods recently announced the mainnet launch of its 3rd strategy on Pods Yield: FUD Vault, which now complements ETHphoria and stETHvv. FUD Vault provides a way for users to benefit from market downturns by offering a mechanism to hedge…
Binance CEO CZ responds as data points to billions in exchange outflows
Data analytics platforms have reported billions of dollars in outflows from Binance over the last week, but this can be misinterpreted, argues Changpeng Zhao.
BNB Price Prediction: Is the Downtrend Just Getting Started?
BNB price (Binance coin) is down over 25% and trading below $250 against the US Dollar. The price could drop further toward the $200 support. Binance coin price is moving lower below the $250 support against the US Dollar. The price is now trading…
a16z opening London crypto office citing 'predictable' environment
The expansion came following a “productive dialogue” with the U.K. Prime Minister and “months of constructive conversations” with UK policymakers, a16z’s general partner said.
Ethereum Price Could Avoid a Major Breakdown if it Closes Above One Key Level
Ethereum price is moving lower from the $1,780 resistance against the US Dollar. ETH could decline heavily if there is a clear move below the $1,720 support. Ethereum is struggling to clear the $1,780 and $1,800 resistance levels. The price is…
Former SEC Official Predicts Impending DOJ Indictment Against Binance
Former Securities and Exchange Commission (SEC) official John Reed Stark said on Sunday via Twitter that he believes the U.S. Department of Justice (DOJ) has filed or will file a criminal indictment related to Binance. Stark, who draws from his…
Bitcoin Price At Significant Risk of Crash Below $25,400
Bitcoin price is struggling below the $26,150 support. BTC could start another decline if it breaks the key $25,400 support in the near term. Bitcoin is moving lower below the $26,150 support zone. The price is trading below $26,000 and the 100…
'Near impossible to know' what is and isn't a security: Mark Cuban on SEC
The billionaire is the latest to argue that the United States Securities and Exchange Commission hasn’t provided crypto firms with a registration process to follow.
Turks Turn to Tether Amid Record Inflation, Limited Access to Dollar, Report Reveals
People in Turkey have been seeking refuge in stablecoins as their national fiat continues to depreciate against the greenback. The Turkish lira saw a record drop in its exchange rate with the U.S. dollar when the country’s central bank…
First Mover Asia: Here's Why Bitcoin's Support is Holding at $25K
These are challenging times for the crypto market, but bitcoin is holding firm.
ALGO, FLOW rebound from all-time lows, others rebuff SEC securities label
The SEC’s tagging of cryptocurrencies as securities has greatly affected the crypto market causing Algorand and Flow to hit historic lows on June 10.
Blockchain-Based, AI Compute Protocol Gensyn Closes $43M Series A Funding Round Led by a16z
The capital infusion comes as interest in AI surges. Gensyn said it would use the money to accelerate the launch of the protocol and expand its workforce.
If Microstrategy Chose ETH Over BTC, the Firm Would Be up 54% and Ahead by More Than $2B, Data Reveals
At 1:19 p.m. Eastern Time on Sunday, June 11, 2023, Microstrategy, a publicly-listed company, had 140,000 bitcoin (BTC) on its balance sheet. Despite this impressive figure, a data analyst at blockchaincenter.net compiled metrics that reveal the…
Former SEC Chairman Jay Clayton on Enforcement Actions: Crypto Should Be Treated With ‘Nuance’
Jay Clayton, former U.S. Securities and Exchange Commission (SEC) chairman, gave his opinion about how the organization approaches enforcement in the crypto space. In a Bloomberg Invest panel, Clayton stated that while he supports the agency and…
A sideways Bitcoin price could lead to breakouts in ETH, XRP, LDO and RNDR
If BTC price consolidates in the $25,000 range, ETH, XRP, LDO and RNDR could be the first altcoins to break out with recovery rallies.
Notions of DAO Immunity Sink as CFTC Lawsuit Declares Ooki DAO a ‘Person’ Under the Law
SOL is not a security, says the Solana Foundation
The SEC has labeled the SOL token as a security in two separate lawsuits filed on June 5 and June 6 against crypto exchanges Binance and Coinbase.
BNB Displays Short-Term Bullish Momentum Amidst Massive Binance Outflows
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…
SEC Lawsuits Fuel Bitcoin and Ethereum Exodus From Exchanges: Nearly $1 Billion Withdrawn in 7 Days
It has been six days since Binance faced a lawsuit from the U.S. Securities and Exchange Commission (SEC), and five days since Coinbase encountered a similar legal challenge. In the wake of these events, a substantial amount of bitcoin and ethereum…
Breaking News: $ONIX Listed on Graviex Exchange! 
We are thrilled to announce that Onixcoin (ONIX) is now listed on the renowned Graviex exchange! This exciting development opens up new opportunities for our community members to trade and engage with ONIX in a secure and user-friendly…
Economist Jim Rickards Predicts Unveiling of New BRICS Currency — Says ‘the World Is Unprepared for This Geopolitical Shock Wave’
Jim Rickards, an economist and the author of “Currency Wars,” has predicted the unveiling of a new BRICS currency, stating that it “could weaken the role of the dollar in global payments and ultimately displace the U.S. dollar as the leading…
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…
Binance, Coinbase, Robinhood: A Week of Crypto Crackdowns and Regulatory Fallout — Week in Review
Introducing Ark: An Alternative Bitcoin Scaling Solution Focused On Preserving Privacy
This is an opinion editorial by Kudzai Kutukwa, a financial inclusion advocate and Mandela Washington fellow.“When use of strong cryptography becomes popular, it's harder for the government to criminalize it. Therefore, using PGP is good for…
What is Robinhood, and how does it work
Robinhood’s innovative trading model has opened new opportunities for beginner investors and traders. Here’s what it is and how it works.
Altcoins Feel the Heat: Crypto Market Theories Run Wild, While Proponents Seek Guidance
Amid the recent crackdown on two of the world’s largest crypto exchanges, cryptocurrency enthusiasts have been buzzing with discussions on various theories and investment strategies. While some have opted to sell their holdings in the face…
US senator revamps efforts for crypto regulations amid SEC lawsuits
The regulatory framework will allow individuals and companies to own and trade digital assets in the United States.