Coinbase has escalated its legal confrontation with the U.S. Securities and Exchange Commission (SEC) by filing a motion for court relief, citing what it perceives as the SEC’s unfair and inconsistent regulatory tactics. The crypto exchange’s Chief Legal Officer, Paul Grewal, pointed out that the SEC’s refusal to produce essential
Solana (SOL) finds itself at a critical juncture as the broader cryptocurrency market grapples with bearish sentiment and underwhelming performance in Bitcoin and Ethereum ETFs. The altcoin’s recent price action has been nothing short of a rollercoaster, experiencing a dramatic 40% plunge from its peak of $193 to a low
Binance Coin (BNB) finds itself at a critical juncture as the broader cryptocurrency market grapples with renewed bearish pressure. With Bitcoin struggling to breach the $60,000 mark, altcoins, including BNB, face mounting challenges in sustaining their recent recovery runs. The past 24 hours have witnessed a staggering $137 million in
While the cryptocurrency market is experiencing a downturn, Sui (SUI) stands out with a significant performance. In the last 24 hours, SUI has soared over 20%, and its weekly gain has reached 120%. This surge comes at a time when the broader market trends are not as favorable, highlighting SUI’s
US spot Ethereum ETFs after the July 23 launch were expected to draw significant inflows similar to the spot Bitcoin ETFs. The digital assets failed to meet analysts’ expectations as it witnessed mounting outflows following its initial launch day. However, the past week has witnessed for the first time weekly
August has been challenging for altcoins, with Ethereum, the leading altcoin, hitting a seven-month low of $2,111. Despite the market downturn, significant whale movements are drawing attention. A prominent ICO-linked whale recently deposited another 5,000 ETH ($13.2 million) to OKX, just 12 hours before Ethereum’s price dropped further. Since July
Solana, one of the leading altcoins, is facing an 8% decline amid an overall bearish market. The total cryptocurrency market cap has dropped by 4%, with Bitcoin, the dominant cryptocurrency, experiencing a similar 4% decline, currently trading at $58,601. Despite the downturn, Solana has shown resilience in the past week.
David Schwartz, chief technology officer of Ripple, has tweeted more details on XRP Ledger’s (XRPL) clawback feature. The significance and utility of this feature have been clouded by Schwartz’s recent insights, which have contributed to the ongoing debate within the XRP community. Schwartz claims that fixing errors in the ledger
As the dust settles after the recent crypto market crash, investors and holders are filled with hopes for the swift revival of coins that were once the top bullish cryptos. Toncoin’s price recovery offers a glimmer of hope, but it will take time for TON to rebound to previous highs
The beginning of August witnessed a spur of activity within the crypto sector. While most of the market attention was focused on the first-week market crash, regulatory activities, and notable partnerships took place. Meanwhile, this following week exhibits price revivals from key cryptocurrencies as Bitcoin retracted to $60K. Leading altcoin
