USDC captures 44% of the stablecoin market share, outperforming USDT. Coinbase users convert large amounts of USDC into fiat. Stablecoins have been gaining popularity in recent years, as they offer ex...
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Coinbase tweets sharp clarifications towards SEC’s claims
Coinbase clarifies all the assertions and questions that have so far been raised by the SEC on its staking services. Taking it for securities or any other similar service is based on the grounds that ...
Why The SEC Plans To File Lawsuit Vs. Stablecoin Issuer
Paxos Trust Company is on the hit list of the US Securities and Exchange Commission, who is out to slap the financial institution and technology company specializing in blockchain with a court case fo...
Crypto Exchange Has Good News For TRON Users
Binance News: The largest cryptocurrency exchange in terms of trading volume, announced on Saturday that it had reset the withdrawal limits on the Tron network to their previous levels in response to ...
Ripple v. SEC court case update as of February 13, 2023
As the Ripple versus Securities and Exchange Commission (SEC) legal dispute inches closer to a summary judgment, the cryptocurrency industry eagerly awaits the outcome. The case has significant implic...
Shiba Inu Whale Accumulates 10,200,003,377,266 SHIB Worth $131,000,000 in Just One Month: On-Chain Data
A crypto whale that’s been dabbling within the Shiba Inu ecosystem has become one of the largest holders of SHIB after stacking nine figures worth of Dogecoin’s (DOGE) biggest rival this past month. A...
Aurora’s Rainbow cross-chain bridge restored after temporary suspension
Rainbow Bridge, a cross-chain bridge integrated with the Aurora blockchain, has been fully restored after a temporary suspension likely due to security concerns. On Feb. 11, Aurora suspended the...
Crypto, forex platform CEO pleads guilty to $248M fraud scheme
Eddy Alexandre, CEO of purported crypto trading platform EminiFX, has pleaded guilty to commodities fraud in a New York district court, agreeing to pay back millions to investors who lost funds to his...
Bitcoin (BTC) Price Analysis for February 12
The correction continues on the cryptocurrency market as most of the coins are in the red zone. BTC/USD Bitcoin (BTC) is an exception, rising by 0.25% over the last 24 hours. Despite the slight rise, ...
Does 2022 encourage investors to further diversify their investment portfolio?
Spreading out your funds over a variety of investments reduces your exposure to any one investment, which is the process of diversification. What economists refer to as a “free lunch” is provided by d...
Crypto Trader Remains Bullish on BTC Despite MA Death Cross
Dan Gambardello tweeted that he remains bullish on BTC despite the recent MA death cross. The 20-day MA line has crossed above the 50-day and 200-day MA lines on BTC’s chart. The price of BTC experien...
Sushi announces Sushi Studios to empower the Treasury’s scope
Jared Grey, the CEO of SushiSwap, recently announced the relabeling of Sushi Labs. Now called Sushi Studios, the framework will perform the same duties while addressing its existing issues. Sushi star...
Wallet associated with Ponzi becomes the fifth-largest MATIC holder
The Avatar Ponzi scheme-related wallet — 0xc7728354f9fe0e43514b1227162d5b0e40fad410 — has accumulated over 22 million polygon (MATIC) coins. This movement has made the address the fifth-largest MATIC ...
Centralized Crypto Exchanges See Uptick in Spot Volumes
Trading volumes on centralized crypto exchanges (CEX) have surged since the beginning of the year. Furthermore, the CEX revival comes just two months after an increase in withdrawals and outflows. The...
When To Expect The Fed To Raise Rates Again
Jerome Powell, chairman of the US Federal Reserve. The Fed is expected to increase rates again at … [+] the conclusion of their next meeting on March 22. Photographer: Valerie Plesch/Bloomberg ©...
OArtsLab: The efforts in the NFT sector
Today, we are delighted to introduce you to OArtsLab, a company that stands out for launching unique and impactful NFT collections. We are thrilled to discover more about the vision, mission and philo...
Paxos Trust Co. gets Wells notice from SEC over BUSD token
It happens to be the Securities and Exchange Commission (SEC) that has duly informed the crypto company, Paxos Trust Co., which happens to be a crypto firm, that it is contemplating suing the company....
Price Prediction: Is CELO a Good Investment at $0.77 and Presently Ranking #99?
Join Our Telegram channel to stay up to date on breaking news coverage With CELO, users can easily send, receive, and transact crypto with their phones by using their unique wallet addresses. You can ...
R. Kiyosaki warns ‘giant crash coming’, says Bitcoin to reach $500k by 2025 due to USD mistrust
Robert Kiyosaki, author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ has made some bleak predictions about the economic outlook, as he praised gold, silver, and Bitcoin (BTC) as alte...
Will the XRP Price Drop Affect Demand to Relist XRP?
The crypto space has been in a narrow range for the past few days, and the weekend also failed to generate the necessary bullish momentum. Along with Bitcoin, significant altcoins such as XRP, ADA, SO...
Coinbase More Than Happy To Defend Staking In Court, Says…
Coinbase executives are pushing back against the classification of staking as a security by the United States Securities and Exchange Commission (SEC) and are ready to defend it in court. Executives ...
New York Regulator Reportedly Stops Paxos From Issuing BUSD, but is it Just FUD?
The world’s largest crypto exchange has reportedly admitted that the New York Department of Financial Services has ordered Paxos to stop issuing the Binance USD (BUSD) stablecoin. BUSD is the seventh-...
Wormhole hacker moves $46 million of stolen funds
$46 million of stolen Wormhole funds has just been transferred from the hacker’s wallet. Wormhole’s token bridge was exploited in February 2022. The stolen crypto from one of the industry’s largest ex...
Morgan Stanley Strategists Say Stocks Ignore Fed, Earnings Reality
(Bloomberg) — US stocks are ripe for a selloff after prematurely pricing in a pause in Federal Reserve rate hikes, according to Morgan Stanley strategists. Most Read from Bloomberg “While the re...
Here’s Why The Polygon Coin Price Threatened For 25% Downfall
Published 2 days ago The ongoing recovery in polygon coin price is led by rising parallel channel patterns. The pattern is visible when the asset’s price is wobbling within two upwards-extending trend...
Europe’s energy bill nears €800bn after Putin cuts off gas
Putin gas supplies Europe energy crisis Bruegel – Getty Images European countries have forked out nearly €800bn (£708bn) to protect households and businesses from soaring energy prices. EU natio...
Coinbase Argues Its Staking Services Are Not Securities, Criticizes SEC Regulatory Approach – Bitcoin News
Coinbase, one of the biggest cryptocurrency exchanges in the U.S., has stated that the staking services offered on its platform do not constitute securities. The statements, made in the wake of the $3...