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FDIC Issues ‘Cease And Desist’ Order To OKCoin Crypto Exchange.

In a June 15, 2023 press release, the Federal Deposit Insurance Corporation (FDIC) alleged that the crypto exchange OKCoin USA Inc violated the Federal Deposit Insurance Act by making false and misleading statements regarding its insured status with the FDIC on its website and in a social media post. Through a cease and desist letter, […] origin »

Report: 33 straight days of net withdrawals from crypto exchanges.

Key Takeaways Regulators are clamping down hard on the US crypto industry, with recent lawsuits announced against Binance and Coinbase Bitcoin’s correlation with stocks is at a 5-year low, with the latter soaring but Bitcoin’s price suppressed by concerns around future of industry in US Exchanges have seen net outflows for 33 days in a […] The post Report: 33 straight days of net withdrawals from crypto exchanges appeared first on CoinJournal. origin »

ATOM: Can bulls rally from $8.53 support level?.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. ATOM's 19.5% gains saw it reclaim key suppThe post ATOM: Can bulls rally from $8.53 support level? appeared first on AMBCrypto. origin »

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Bitcoin Resistance At $26,600: A Make Or Break Moment For Bulls.

Bitcoin (BTC) is currently consolidating above the crucial $26,000 level, a key threshold for the world’s largest cryptocurrency to continue its upward momentum and reach higher levels.   The recovery of this price mark on June 15th has given BTC holders renewed confidence, with the highly anticipated news of Blackrock, the largest fund manager in the world with over $10 trillion under its management, announcing a formal application for a new spot Bitcoin Exchange-Traded Fund (ETF) has further boosted their optimism. origin »

USDT reclaims peg, regains its footing.

Tether's transaction volume surged to the highest level in three months. USDT reclaimed peg as exchange netflow spiked. In the past week, Tether [USDT] experienced a turbulent event that cauThe post USDT reclaims peg, regains its footing appeared first on AMBCrypto. origin »

Why Bitcoin's future rests on whale accumulation.

Bitcoin's rising whale accumulation amidst market volatility raised short-term prospects. Miners started selling their holdings as revenue declined. The crypto market's volatility hasn’t hThe post Why Bitcoin's future rests on whale accumulation appeared first on AMBCrypto. origin »

XRP records $1M inflows as investors show confidence.

XRP was among the coins benefiting from increased demand as investor preference shifted towards altcoins. XRP was still experiencing short-term sell pressure despite the favorable weekly outcomThe post XRP records $1M inflows as investors show confidence appeared first on AMBCrypto. origin »

Solana's metrics rise - here's how NFTs helped.

Solana saw a daily transaction volume of over 24 million. NFT trade volume saw an over 50% increase as the network recorded 90-day stability. In a remarkable turn of events, the Solana [SOL]The post Solana's metrics rise - here's how NFTs helped appeared first on AMBCrypto. origin »

Polkadot shadows Ethereum as DOT faces challenges.

Polkadot’s Open Interest declined, suggesting a trend reversal.  DOT's market indicators looked fairly bullish.  Polkadot [DOT], which is known for its high development activity, has maiThe post Polkadot shadows Ethereum as DOT faces challenges appeared first on AMBCrypto. origin »

Arbitrum's declining metrics point towards...  .

Arbitrum's daily active users and number of transactions plummeted over the last month.  ARB’s price increased marginally as sentiment around the token improved.  Arbitrum Insider, a popThe post Arbitrum's declining metrics point towards...   appeared first on AMBCrypto. origin »

Will MATIC benefit from the hype around zkEVMs?.

Interest in Polygon's zkEVM, StarkNet, and zkSync Era surged. MATIC fluctuated as declining network growth and trading volume raised concerns. The zkEVM sector saw intensified competition asThe post Will MATIC benefit from the hype around zkEVMs? appeared first on AMBCrypto. origin »

Cardano: Range extension below $0.3 on the cards?.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. ADA's lower and higher timeframe charts weThe post Cardano: Range extension below $0.3 on the cards? appeared first on AMBCrypto. origin »

Bitcoin Mining Difficulty On The Rise Again: What You Need To Know.

As additional miners join the Bitcoin network and existing miners continue to deploy new mining rigs, the difficulty of mining BTC is expected to reach a new all-time high within the month. According to data from Coinwarz, a Bitcoin mining monitoring platform, it looks like there’s likely to be another surge in mining difficulty in […] origin »

Binance получила важное судебное заявление: SEC не имеет доказательств.

Крупнейшая в мире криптовалютная биржа Binance оказалась под прицелом американских регуляторов. Однако в этом темном царстве судебного дела, которое начала против биржи Комиссия по ценным бумагам и биржам (SEC), появился луч надежды. источник »

Should exchanges fear a Blackrock ETF?.

Key Takeaways Blackrock is the biggest asset manager in the world and has filed for a spot Bitcoin ETF No guarantee it will be approved, and the SEC has rejected every spot ETF application to date Exchanges have been struggling mightily, with layoffs flooding the industry and lawsuits on the rise amid regulatory crackdown An […] The post Should exchanges fear a Blackrock ETF? appeared first on CoinJournal. origin »

Bitcoin Short-Term Holders Still Bullish, Will Rally Restart?.

On-chain data shows that Bitcoin short-term holders have participated in buying recently despite the price briefly dropping below their cost basis. Bitcoin Has Rebounded Back Above Short-Term Holder Realized Price As pointed out by an analyst in a CryptoQuant post, the BTC price had recently fallen below the realized price of the short-term holders. origin »

Litecoin adoption outdoes Ethereum; LTC reacts by....

Litecoin had 20 million more addresses than Ethereum as of press time. Several metrics looked bullish for LTC, as were the market indicators. Litecoin [LTC] has outperformed Ethereum [ETH] iThe post Litecoin adoption outdoes Ethereum; LTC reacts by... appeared first on AMBCrypto. origin »

Looking to long Polkadot? What you should consider.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. DOT previously faced a price rejection at The post Looking to long Polkadot? What you should consider appeared first on AMBCrypto. origin »

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