With no surprise, Shiba Inu (SHIB), one of the popular memecoins has been purchased by massive whales over a period. Yet, subsequently, the burn rates are getting higher on the other hand. However, these activities engage the crypto community. From the Shiba Inu (SHIB) records and transfers, Lookonchain has captured
After an intense episode of altcoins’ crash, cryptocurrency prices display their recovery rallies. Most importantly, Bitcoin’s (BTC) price marked its retracement into the $26,000 zone. Last week, Bitcoin recorded its lowest weekly closing over the past 3 months. According to the data from TradingView, the BTC price closed at $25,350.
As the cryptocurrency market continues to evolve, several prominent tokens are scheduled for major unlocks in the coming week. These unlocks have the potential to significantly impact the supply and market dynamics of the respective cryptocurrencies. ⚡️Upcoming Token Unlocks12 June 2023 During this week, $BIT, $BLUR, $APE, $UNI, and $FIL
In a scenario akin to a James Bond movie, North Korean hackers have outsmarted the globe. Within five years, they have stolen $3 billion in cryptocurrencies. Notably, this digital bonanza funds half of North Korea’s missile program, reports the Wall Street Journal. Their tactics, however, are far from common cyber-thievery.
In a recent development that has sent shockwaves through the financial and political sectors, a US Congressman introduced legislation calling for removing Securities and Exchange Commission (SEC) Chair Gary Gensler. The move has ignited a heated debate among lawmakers, industry professionals, and the public at large. 🚨 NEWS – Today
Last week, the global crypto market staged one of the wild altcoins’ bloodbaths since the Terra Luna collapse in 2022. The ongoing ‘SEC vs Crypto’ predominantly initiated this crypto crash. Numerous cryptocurrencies have plunged to the bottom, hitting new all-time lows (ATL) on Saturday. After being tagged as securities, ADA,
In a bold warning, former Securities and Exchange Commission (SEC) chief, John Reed Stark, issued an urgent call to “get out of crypto platforms now.” In addition, he highlighted recent lawsuits against Binance Holdings Ltd. and Coinbase, citing these as critical reasons for his concern. Stark Backs SEC’s Crypto Pursuit
The cryptocurrency market is in turmoil, with a significant 7% drop pushing it below the $1 trillion threshold. It’s a real massacre, partly precipitated by Securities and Exchange Commission (SEC) measures. Amid this turmoil, Bitcoin, the reigning champion, dropped 3.75% to $25,500. while Ethereum, the runner-up, plummeted 6.9% to nearly
In recent statements, Gary Gensler, Chairperson of SEC Securities Exchange Commission, has strongly urged that stricter regulations be put into action within the cryptocurrency market to ensure maximum protection of investors from potential risks. Gensler emphasized the importance of regulatory oversight to safeguard investors against potential risks in the cryptocurrency
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
