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)
The US Securities and Exchange Commission’s (SEC) charges against high-profile companies such as Binance and Coinbase sent shockwaves through the cryptocurrency sector and left it surrounded by uncertainty. In addition, the leading cryptocurrency Cardano (ADA) has become a new victim in the SEC’s continuing hunt. In the lawsuit, the SEC
The U.S. Securities and Exchange Commission (SEC) swiftly initiated the crypto crackdown trapping the top crypto behemoths, Binance and Coinbase, in succession. The charges leveled allege that 67 cryptocurrencies offered by them and other industry players qualify as ‘unregistered securities.’ 67 Cryptocurrencies Tagged As “Securities” Recently, in the current lawsuit,
The U.S. Securities and Exchange Commission (SEC) has been called for by the Third Circuit Court of Appeals to provide more explanation of its stance on a rulemaking petition submitted by Coinbase (COIN), a cryptocurrency exchange. Coinbase argued that the current regulations are not appropriate for digital assets, therefore in
On June 6, when Coinbase Global Inc. shares plunged to over five-month lows owing to the Securities and Exchange Commission’s crackdown on the crypto sector, Cathie Wood’s Ark Invest increased its investment in the company. On June 7, the three funds controlled by Cathie Wood had acquired about 400,000 shares
The US Securities and Exchange Commission’s (SEC) recent regulatory initiatives have compounded concerns about the long-term sustainability of cryptocurrencies. The SEC’s legal charges against Coinbase and Binance, two prominent cryptocurrency exchanges, are a worrying trend. The SEC’s action against Coinbase, situated in San Francisco, is a landmark event in the
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.
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
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
On Thursday, Coinbase, the largest cryptocurrency exchange in the United States, said that on June 5 it will begin offering futures contracts for Bitcoin (BTC) and Ethereum (ETH) on its derivatives exchange, which is regulated by the Commodity Futures Trading Commission. It was also noted that institutional investors would have
