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Search Results for: Cryptocurrency

Jack Dorsey Calls ETH a Security Amid Ongoing SEC Crackdown

Jack Dorsey, a staunch supporter of Bitcoin, has been embroiled in a Twitter spat with numerous crypto industry analysts. This is after answering “yes” to a query on whether or not Ether qualified as a security. Bitcoin Ordinals developer at Taproot Wizards Udi Wertheimer saw the message and tweeted on

June 7, 2023 1 min read

Binance Prioritizes Users Safety Over SEC Intense Move

Crypto enthusiasts are on the edge of their seats as the intense battle between the SEC and Binance continues to unfold with each new update. The SEC’s recent move to file an emergency motion with the District of Columbia U.S. District Court, seeking to freeze the assets has sent shockwaves

June 7, 2023 2 mins read

Ripple’s 2023 New Value Report; Decoding Top Crypto Trends in Business

The recently released 2023 New Value Report by Ripple, a leading player in the cryptocurrency and blockchain industry, paints an illuminating picture of the top trends shaping the global business landscape. The annual thought leadership publication, now in its sophomore year, provides a glimpse into the trajectory of crypto and

June 7, 2023 3 mins read

Coinbase Receives Legal Action From 10 States For Security Violations

In a dramatic turn of events, Coinbase Global Inc, one of the leading cryptocurrency exchanges, is entangled in a regulatory storm as ten U.S. states band together to initiate legal proceedings against the platform. Led by the Alabama Securities Commission, these states have served Coinbase with a show cause notice.

June 7, 2023 2 mins read

Coinbase CEO Challenging SEC by Defending Crypto Industry

Coinbase, one of the world’s leading cryptocurrency exchanges, has declared its determination to fight the recent lawsuit. The Securities and Exchange Commission (SEC) raised a complaint in a bold move to represent the entire cryptocurrency industry. The company’s CEO, Brian Armstrong, expressed pride in taking on the legal battle. However,

June 7, 2023 3 mins read

Binance and Coinbase Witness Significant Crypto Inflows; A Symbol of Renewed Trader Trust?

Over the last 12 hours, Whale Alert has recorded several large cryptocurrency transactions targeting two leading exchanges, Binance and Coinbase. Traders have ramped up their activities on these platforms, potentially showcasing renewed trust and support in these marketplaces. According to sources, the primary cryptocurrency that was seen moving to Binance

June 7, 2023 2 mins read

Brad Garlinghouse Foresees Conclusion of Ripple vs SEC case

Ripple Labs CEO Brad Garlinghouse provided insights into the ongoing court case between Ripple and the U.S. Securities and Exchange Commission (SEC), expressing his belief that the case will reach its conclusion in the near future. In a recent statement, Garlinghouse discussed the progress made in the lawsuit and its

June 6, 2023 2 mins read

NFT Whale Transfers Millions Worth of NFTs to Binance To Show Support

Machi Big Brother, a well-known NFT whale and former musician and tech entrepreneur, recently made headlines when they announced that they would be moving their Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFTs to the widely-used Binance cryptocurrency exchange. As a show of support for Binance

June 6, 2023 1 min read

PepeCoin Rebounds 13% After Taking Severe Blow Amid SEC Tussle

Following the filing of a new lawsuit by the United States Securities and Exchange Commission (SEC) against Binance, the overall cryptocurrency market capitalization fell 3.6% overnight, according to statistics compiled by CMC. Although the market has rebounded and is up 2.87% as per CMC. The complaint claims that Binance and

June 6, 2023 2 mins read

Coinbase Still Holds Their Stocks Up Comparing January Losses

Following the dispute between the U.S. Securities and Exchange Commission (SEC) and Coinbase, the cryptocurrency exchange, the stock of Coinbase (COIN) faces a hit on Tuesday. Yet, this has been holding the stocks high as compared to the losses faced in January 2023. The lawsuit has created a bigger impact

June 6, 2023 1 min read