The Texas State Securities Board issued an emergency cease and desist against Plutus Financial, Plutus Lending, Abra Boost — doing business as Abra — and CEO William Barhydt. The cease and desist orde...
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TMS Network (TMSN) Still Outfoxing The Sandbox (SAND) And Aptos (APT) In The Crypto Forest
As market instability continues to rock notable crypto projects, Aptos’ (APT) Move-based scaling network hit a roadblock as bears cut its roaring praise short. Popular metaverse platform, The Sandbox ...
PIMCO to Pay $9M to Settle SEC Charges
5 hours ago | 2 mins read Market News PIMCO to pay a fine of $9 million for disclosure of policy and procedure violations. The investment management firm has agreed to pay a combined fine of $9 millio...
Bitcoin withdrawals surpass deposits for the second time in six months
Quick Take The following chart presents the relative dominance of exchange-related deposits and withdrawals with respect to all confirmed transactions, according to Glassnode data as of June 16. The c...
Former FTX Ventures Head Amy Wu Turns to AI After Being ‘Duped’ by SBF
Amy Wu, former head of FTX Ventures, has found a new venture to steer. One of Silicon Valley’s seasoned firms, Menlo Ventures, has brought Wu onboard as a partner, leveraging her prowess in cons...
XRP Price Struggles Despite Hinman Documents Revelation, But New Token $WSM Pumps Past $7m
The Ripple ($XRP) price has fallen 15% over the past three days – despite the so-called Hinman Documents providing evidence that backs up Ripple Labs’ case against the SEC. Investors appear uncertain ...
Catch the Excitement Surrounding DigiToad
SPONSORED POST* There has been a meteoric rise in digital assets in the last decade. It has primarily been fueled by the increasing interest in blockchain technology and cryptocurrencies. Digital asse...
Trillions of Shib Transferred and Billions of USDT Minted -What’s Going on in Crypto Space?
The stablecoin leader, Tether (USDT), is losing its peg but has managed to hover close to $0.99 without being destabilized to a large extent. Amid the sloppy market conditions, massive transfers erupt...
WIN NFT HERO Coming Soon to the APENFT Launchpad with…
Singapore, Singapore, June 16th, 2023, Chainwire WIN NFT HERO, a strategy game built on Tron, has been garnering a lot of attention. Following the official launch of the game’s v2.0 and the new HERO s...
DAI Surpasses BUSD Amid Binance-SEC Regulatory Row
DAI stablecoin, with a circulation of around $4.6 billion, has surpassed BUSD amidst mounting legal troubles for the world’s largest crypto exchange, Binance. The market capitalization of BUSD has dec...
PEPE has a surprise for investors; what’s the catch?
Market indicators remained mostly bullish on PEPE. The sentiment around the meme coin, however, remained negative. Pepe’s [PEPE] double digit gaining spree ended a few weeks ago. The bearish market c...
ARB Price Prediction: ARB Price Trades Within a Descending Triangle?
1 ARB’s price is currently trading at $0.9455 with a 4.91% gain in the 24-hour trading volume. 2 ARB price is down by 17.05% over the last 24 hours. 3 As per price action a favorable reversal may be d...
Crypto On Trial: U.S. Judge Examines Whether Terraform Labs’ Coins Are Securities
According to a Reuters report, a U.S. judge is considering whether the digital assets created by Terraform Labs were securities in a case brought by the Securities and Exchange Commission (SEC) agains...
Crypto Industry Will Survive Regulatory Pressure
Advertisement     The last two weeks have been tough for the crypto industry in the US as the Securities and Exchange Commission (SEC) has sued Binance and Coinbase in a wave of regula...
Binance Exits Another Country Amid Legal Uncertainty In US
Binance News: The biggest cryptocurrency exchange, Binance on Friday announced that it will be leaving the Dutch market with immediate effect. It cited not being able to register as a VASP with the Du...
Bitcoin Bullish Momentum Building: Expert Predicts Rise To $27,200
Bitcoin has been on a rollercoaster ride recently, with sudden price drops and spikes keeping investors on their toes. Last week, the cryptocurrency failed to break through its $27,500 resistance leve...
Blockchain Assoc. requests info on Prometheum over ‘suspicious’ approval
United States crypto lobby group Blockchain Association has filed a request with the U.S. Securities and Exchange Commission, seeking information about the formerly little-known crypto company Prometh...
Bitcoin BTC Price Regains Ground to Reach $25.4K, but Investors Remain Jittery About Economy, Monetary Policy
Ether, the second largest crypto in market value, was similarly sluggish to recently change hands at about $1,655, also about flat from Wednesday, same time. Similar to BTC, ETH hit a three-month low ...
Ripple Teams up With Colombia’s Central Bank to Create CBDC on XRP Ledger
Gamza Khanzadaev Ripple’s new partner Banco Republica set to utilize XRP Ledger to digitalize its payment system Ripple, a prominent player in the crypto payments industry, has unexpectedly join...
VTB Bank CEO Predicts Weakening US Dollar as Chinese Yuan Gains Momentum
According to the CEO of Russia’s VTB Bank, Andrey Kostin, the US dollar’s status as the dominant global currency is at risk due to the rising influence of the Chinese yuan. Kostin suggests that the ac...
APE On a Head-and-Shoulders Formation Frenzy, Is There Yet Another?
APECoin struggles to increase during the past week, the price barely reached $2.1. APEcoin forms two consecutive head and shoulder patterns with similarities. Traders may need to be vigilant to cash i...
FDIC cracks down on misleading insurance claims by OKCoin
The US Federal Deposit Insurance Corp. (FDIC) issued a cease and desist letter to crypto exchange OKCoin over misleading statements regarding the exchange’s insurance status. In a letter dated June 15...
Cronos Price Prediction: CRO Price Breaks Below Yearly Lows
1 Cronos price is currently trading at $0.0519 with an increase of 0.78% during the intraday session. 2 Cro price trades below 20,50,100 and 200-day EMAs. 2 The year-to-date return of Cronos is -6.82%...
Binance.US to slash headcount in wake of SEC lawsuit
Binance.US has already put in place layoffs in the wake of the SEC’s lawsuit against it, with the exchange on Thursday telling employees the regulator put it in an “unfortunate position.” That positio...
Bakkt Retains Shiba Inu, Delists Cardano, MATIC and Solana
Bakkt delists billion-dollar valued cryptocurrencies Cardano, MATIC, and Solana amidst regulatory uncertainty, but Shiba Inu survives the wave. In a recent development in the crypto industry, a promin...
BCCI Bans Crypto For National Cricket Teams Sponsorship
BCCI restricts crypto and certain platforms for sponsoring cricket teams. Crypto market fall might continue following this crypto barring by BCCI. For the upcoming National Cricket Team’s sponsorship,...
BlackRock spot Bitcoin ETF ‘not happening,’ application politically motivated, says Noelle Acheson
Noelle Acheson of the Crypto is Macro Now newsletter poured cold water on the possibility of the U.S. Securities Exchange Commission approving BlackRock’s Bitcoin ETF application, saying, “It’s not go...
Colombia’s Central Bank Taps Ripple to Pilot CBDC
Ripple is continuing its expansion into Latin America. The software company founded by the creators of the cryptocurrency XRP today announced it has signed a deal with Colombia’s central bank to expl...
Is it Time to Buy The Dip? $WSM & $ECOTERRA Emerge as Alternatives
The Binance Coin ($BNB) price has fallen by over 8% in the past 7 days and 23% in a month as a strong bearish sentiment grips the crypto market. $BNB has been one of the coins that have been hardest ...
Problems for the Binance crypto exchange
The world’s largest crypto exchange, Binance, is having problems in a couple of European countries. With next year’s arrival of the new crypto regulation (the so-called MiCA) in the European Union, t...
Polygon Price Makes Bullish Reversal From $0.55 Amid SEC Trouble! Here’s Next MATIC Price Move
A specter of uncertainty enveloped the crypto world when the SEC designated MATIC, Polygon’s native token, an ‘unregistered security,’ triggering a wave of panic selling. The tremors were keenly felt ...
FDIC Accuses OKCoin Of Misleading Customers
Crypto exchange OKCoin has come under the scrutiny of the Federal Deposit Insurance Corporation (FDIC) over accusations of making false promises to customers. FDIC-Insured Accounts – False Clai...