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Search Results for: Cryptocurrency

4 Trillion Shiba Inu (SHIB) Worth $32 Million Transferred to Binance

On Friday, Whale Alert claimed that 4 trillion Shiba Inu (SHIB) tokens, worth millions of dollars, were transferred from Shiba Staking to Binance, a cryptocurrency exchange. Community members are wondering whether the SHIB price would see another collapse after the big unstaking of Shiba Inu tokens. The Shiba Inu (SHIB)

June 9, 2023 2 mins read

Cardano Price Prediction 2030, Tradecurve Set for Another Price Increase

Cardano (ADA) has emerged as one of the most promising projects in recent years, with its fast-growing decentralized finance (DeFi) that challenges the more established network of Ethereum. This leads to the question what will be the price of Cardano (ADA) in 2030. However, it is worth noting that the

June 9, 2023 3 mins read

U.S House Committee Proposes Draft Stablecoin Law

House Republicans and Democrats have collaborated on a draft stablecoin law. This has been produced by the House Financial Services Committee in the United States. On Tuesday, a full hearing by the House Financial Services Committee will provide “clarity” on the structure of the digital asset market. And also the

June 9, 2023 2 mins read

DeFi Tokens Show Resilience Amid Bearish Trend

Last week was quite a rollercoaster ride for the crypto market amidst the SEC’s never-ending turmoil. It had a significant impact on the overall market, and surges in crypto gains became rare. Investors have been on high alert ever since the allegations. The DeFi market is no exception. The current

June 9, 2023 4 mins read

Coinbase’s Credit Rating Lowered by Moody’s From Stable to Negative

Coinbase’s credit rating has been lowered by Moody’s from “stable” to “negative.” As a result of the SEC’s legal action against the cryptocurrency exchange for allegedly acting as an unregistered securities broker. Moody’s explained the cut on June 8 by saying it was worried about how the SEC action would

June 9, 2023 2 mins read

Digital Asset Custodian BitGo All Set To Acquire Prime Trust

BitGo, a supplier of wallet infrastructure and digital asset custodian, said on June 8 that it has signed a non-binding letter of intent to acquire Prime Trust, a provider of fintech infrastructure. The details of the deal were kept confidential. If the purchase goes through, BitGo will expand its wealth

June 9, 2023 2 mins read

Binance.US Halts USD Deposits Under SEC Pressure

Binance.US, one of the leading cryptocurrency exchanges in the United States, has recently announced the suspension of USD deposits and issued a warning regarding an upcoming withdrawal pause. The decision comes as Binance.US aims to safeguard its customers and the platform from what it describes as “extremely aggressive and intimidating

June 9, 2023 2 mins read

Mysterious Bitcoin Whale Moves a Staggering $57M to Coinbase

A sizeable transaction of 2,150 Bitcoin (BTC) worth approximately $57,055,404 has been transferred from an unknown wallet to Coinbase, signaling heightened trading activity. This move, detected by the blockchain analytics platform Whale Alert, will likely stir the cryptocurrency market and spark investor interest. 🚨 🚨 🚨 2,150 #BTC (57,055,404 USD)

June 9, 2023 2 mins read

Gensler Points Crypto As Scammers, Hucksters & Fraudsters

On Thursday, Gary Gensler, the Chairperson of the U.S. Securities and Exchange Commission (U.S. SEC) has given a speech regarding certain critiques that SEC is been doing in order to protect investors. However, he condemns that the crypto industry is full of ‘hucksters, fraudsters, and scam artists’ which left the

June 9, 2023 2 mins read

What Will Be the Reason Behind the Sudden Surge of Good Gensler (GENSLR)?

Good Gensler (GENSLR), the cryptocurrency known as the memecoin of Gary Gensler, has shown a massive increase in recent days. Good Gensler has witnessed a 125.82% increase in the last seven days.  Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), has become the talk of the crypto

June 9, 2023 1 min read