Australia’s crypto laws risk being outpaced by emerging markets: Think tank

Bermuda and Nigeria are moving faster on crypto than Australia, and the land Down Under will soon “need to be up to speed,” says Loretta Joseph. дальше »

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PEPE Down 78% From May Peaks But Holder Count Rising

While PEPE is down 78% from its May 2023 peaks, token holders continue to rise. As of June 19, there are now 119,229 unique addresses holding the token, an increase from early June, Etherscan data shows. дальше »

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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. дальше »

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Quant price outlook after Project Rosalind news catalyse QNT gains

Quant (QNT) price jumped to near $117 on Friday, but traded near $100 on Monday morning. QNT was down amid selling pressure after rallying on news the blockchain platform had collaborated on a UK CBDC with the Bank for International Settlements (BIS) and Bank of England. дальше »

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Twitter Halts AI Bot Connected to Memecoin Following Elon Musk’s Accusation of ‘Fraudulent Cryptocurrency’

AI Bot Tied to Memecoin Shut Down by Twitter Following Elon Musk’s Accusations of a “Deceptive Cryptocurrency” The Twitter account known as “Explain This Bob,” which utilized artificial intelligence and had connections to a memecoin, has been suspended after Elon Musk labeled it a “fraudulent crypto account. дальше »

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Wyre, a crypto payments platform, shuts down, selling assets

Wyre, a platform facilitating payments with digital currencies, is closing shop due to the ongoing decline in the market дальше »

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Decoding the Fear and Greed Index: Insights from BTSE’s CEO and COO

DOGE. PEPE. AI altcoins. Every now and then a memecoin explodes into the stratosphere, and we’re all left wondering how exactly it all happens. We sat down with the top execs at crypto exchange BTSE to get to the bottom of it. дальше »

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Crypto Payments Firm Wyre Shuts Down After Uncertain Months

After months of uncertainty, the crypto payments firm Wyre has announced that it is shutting down and will begin selling its assets. The post Crypto Payments Firm Wyre Shuts Down After Uncertain Months appeared first on BeInCrypto. дальше »

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Crypto payments platform Wyre shutters, citing bear market conditions

Wyre has begun the process of winding down and noted that interested parties can now start inquiring about purchasing the firm’s assets. дальше »

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FDIC cracks down on misleading insurance claims by OKCoin

The US Federal Deposit Insurance Corp. (FDIC) has taken action against cryptocurrency exchange OKCoin, issuing a cease and desist letter over misleading statements regarding the exchange's insurance status. дальше »

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Hong Kong Regulator Pushes Banks to Welcome Crypto Firms, FT Says

Amid US regulators cracking down on crypto, Hong Kong is trying not to miss its chance to attract scared Web3 services дальше »

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Ethereum Price Consolidates Below $1,720: What Could Trigger Another Decline?

Ethereum price is still struggling below $1,720 against the US Dollar. ETH could continue to move down if it stays below $1,700 and $1,720. Ethereum is slowly moving higher from the $1,620 support zone. дальше »

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Analyzing the state of Arbitrum since its mega AirDrop event in March

On-chain activity like user activity and transactions surged higher for Arbitrum.  At the time of writing, ARB was down 7.82% over the past 24 hours. Popular layer-2 (L2) rollup Arbitrum [AThe post Analyzing the state of Arbitrum since its mega AirDrop event in March appeared first on AMBCrypto. дальше »

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Coinbase may be losing retail crypto traders to Robinhood: Mizuho

Mizuho analyst says Coinbase may be losing share in retail crypto trading. Dan Dolev continues to see downside in the crypto exchange to $27 a share. Coinbase stock is currently down 35% versus its year-to-date high in March. дальше »

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New York bans CoinEx exchange, seizes $1.7M in crypto assets

CoinEx was shut down for failing to register as a broker-dealer and for "falsely representing itself as a crypto exchange," the NYAG said. дальше »

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Bitcoin correlation with stocks at 5-year low as regulatory crackdown takes toll

Key Takeaways Our Head of Research, Dan Ashmore, digs into Bitcoin’s relationship with stocks Correlation between Bitcoin and the Nasdaq is at its lowest point since 2018 The Nasdaq is up 10% in the last month as stocks have surged off softer forecasts around interest rates and the macro climate Bitcoin is down 9% in […] The post Bitcoin correlation with stocks at 5-year low as regulatory crackdown takes toll appeared first on CoinJournal. дальше »

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Crypto market cap down $41B: CryptoSlate wMarket update

The cryptocurrency market saw net outflows of $41. 5 billion over the last 24 hours and currently stands at $1. 01 trillion — down 3. 9% from $1. 06 trillion. During the reporting period, the market caps of Bitcoin (BTC) and Ethereum (ETH) fell 4. дальше »

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Bitcoin's on-chain traffic slows down as...

The daily transaction count witnessed a 35% decline from the previous month. Of the total inflows to the exchanges, the share of whales was just 32% as of 14 June. The hostile U.S. regulatorThe post Bitcoin's on-chain traffic slows down as... appeared first on AMBCrypto. дальше »

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XRP Loses Monthly Gains in Days as Price Dips 9%

At moment, XRP is down 8.57% for June дальше »

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The chances of Shiba Inu slipping off the top 20 list are...

Shibarium's testnet beta’s daily transactions have declined over the last few days. SHIB was down by over 16% last week, and the RSI was in an oversold position. As Shiba Inu’s [SHIB] ShThe post The chances of Shiba Inu slipping off the top 20 list are... appeared first on AMBCrypto. дальше »

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Ethereum Price Resumes Downtrend As Bears Aim $1,500

Ethereum price is showing bearish signs below $1,700 against the US Dollar. ETH could continue to move down below the $1,600 level. Ethereum is down 5% and there was a move below the $1,720 support. дальше »

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Expecting BTC to rally after FOMC's latest update? You may be let down...

Bitcoin was up by 0. 37% before the FOMC meeting results.   The U. S. Federal Reserve held its federal funds interest rate at 5. 25%, following an extended period of consecutive rate hikes. дальше »

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A Crypto Lesson From George Soros Amid Binance and Coinbase Accusations

Positioning and expectations explain why the Binance case drove prices down but markets rebounded after Coinbase. дальше »

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Crypto is not immune to regulation, US crackdown is immensely hurtful

Key Takeaways The US regulatory crackdown continues, with Coinbase and Binance sued last week and a list of tokens declared securities by the SEC Crypto.com is shutting down its institutional exchange, citing lower demand following recent events in the industry  Retail will always be able to access crypto, but institutional capital will dwindle, which will […] The post Crypto is not immune to regulation, US crackdown is immensely hurtful appeared first on CoinJournal. дальше »

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BNB shows signs of recovery: CryptoSlate wMarket update

The cryptocurrency market saw net outflows of $4. 4 billion over the last 24 hours and currently stands at $1. 06 trillion — down 0. 4% from $1. 06 trillion. During the reporting period, the market caps of Bitcoin (BTC) and Ethereum (ETH) fell 0. дальше »

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Michael Saylor says Bitcoin dominance is headed for 80% in the long term

Bitcoin’s (BTC) dominance is set to reach 80% in the long term as regulators crack down on other assets, MictraStrategy co-founder Michael Saylor told Bloomberg TV on June 13. MicroStrategy is the largest public holder of BTC. дальше »

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Crypto Industry Destined to Be Bitcoin Focused After SEC Actions: MicroStrategy Founder Michael Saylor

Bitcoin maximalist Michael Saylor has said recent enforcement actions by U.S. regulators have made it clear that the crypto industry is destined to be rationalised down to a bitcoin (BTC)-focused industry. дальше »

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SEC and Binance.US Work on Deal to Avoid Asset Freeze, BNB Pops 7%

"Shutting it down completely would create significant consequences not only for the company but for the digital asset markets in general,” said the judge. The post SEC and Binance.US Work on Deal to Avoid Asset Freeze, BNB Pops 7% appeared first on BeInCrypto. дальше »

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What BNB Chain's latest offering means for investors

BNB’s daily active addresses and daily transactions have declined over the last month  The coin was down by over 16%, and multiple metrics were still bearish  BNB Chain's [BNB] adoption The post What BNB Chain's latest offering means for investors appeared first on AMBCrypto. дальше »

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XRP SEC Case Could Be A Boon For Ethereum, Here’s Why

Ethereum (ETH) has experienced a sharp decline since Saturday, dropping from the $1,838 line down to the current level of $1,738 while XRP traded sideways. This has caused concern among investors and traders in the Ethereum market. дальше »

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Ripple Victorious As Hinman Materials Unsealed, Why is XRP Down?

In a significant development in the legal dispute between Ripple, a blockchain company utilizing XRP in its On-Demand Liquidity (ODL) solution for cross-border transfers, and the United States Securities and Exchange Commission (SEC), the Hinman materials have now been unsealed. дальше »

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XRP, BTC, and ETH Investors Doubling Down on DigiToads Presale! Over $4.77 Million Raised

As we witness the cryptocurrency landscape’s ebbs and flows, an unexpected phenomenon is capturing the attention of savvy investors. DigiToads, a unique blockchain project with a community-centric approach and a promising blend of utility and social impact is making significant waves. дальше »

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Crypto is losing touch with institutional cash

Key Takeaways Crypto.com this week shut down its institutional exchange in the US, citing a lack of demand The regulatory climate has worsened significantly in the US, meaning crypto is becoming less practical for institutions  The macro picture and scandals across the space last year have also contributed, writes our Head of Research, Dan Ashmore […] The post Crypto is losing touch with institutional cash appeared first on CoinJournal. дальше »

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Uniswap Labs Releases Its Plan for Uniswap v4, Invites Community Feedback

The biggest decentralized crypto exchange is opening its development process to the public for the first time as the SEC cracks down on its centralized competitors. дальше »

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These altcoins gained the most as SEC’s legal drama cools down

As the heat around Binance and Coinbase cools, the global crypto market gains correction despite the industry’s regulatory pressure in the US. Here are the top three crypto assets of the past 24 hours. Sui (SUI) SUI token ranks at… дальше »

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Crypto Volatility Incoming: Breaking Down This Week’s Major Macro Events

This week in the crypto market is shaping up to be one of the most significant in terms of macroeconomic events. These unfolding developments will not only have a ripple effect on cryptocurrencies, but also on stocks, the dollar, and every other asset class. дальше »

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Binance.US Plunges As Market Makers Rush To Exit, Market Depth Down 80%

Binance. US, the US subsidiary of popular cryptocurrency exchange Binance, has experienced a significant drop in liquidity, with market makers and traders reportedly fleeing the exchange in large numbers. дальше »

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Robinhood reports mixed operating data for May 2023, user engagement down

Robinhood Markets, Inc. has disclosed selected monthly operating data for May 2023, which depicts a complex portrait of growth and decline in user engagement and trading activities. дальше »

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Crypto volumes continue to lag, Bitcoin & Ether fees down for fourth consecutive week

Key Takeaways On-chain activity for Bitcoin and Ethereum has fallen for the fourth consecutive week DEX share of trading volume had jumped up from 14% to 22% last month amid regulatory crackdown on centralised exchanges DEX volume has fallen back again since, however, and entire crypto space is seeing thin liquidity   Many speculate the […] The post Crypto volumes continue to lag, Bitcoin & Ether fees down for fourth consecutive week appeared first on CoinJournal. дальше »

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Polygon leads top 10 following weekend crash: CryptoSlate wMarket update

Since last Friday’s wMarket report, the cryptocurrency market saw outflows of $49. 5 billion and currently stands at $1. 06 trillion — down 4. 5% from $1. 11 trillion. Over the weekend, the market caps of Bitcoin (BTC) and Ethereum (ETH) fell 2. дальше »

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Top crypto exchanges see notable negative net flows, volumes down

The top 10 cryptocurrency exchanges have witnessed significant negative net flows after the FUD (fear, uncertainty and doubt) around Binance and Coinbase rose. Last week, the US Securities and Exchange Commission (SEC) sued Binance and Coinbase, triggering a massive sell-off… дальше »

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Hong Kong Woos In Coinbase And Other Crypto Platforms

Johnny Ng’s comments come at a time of heightened scrutiny of the cryptocurrency industry by regulators around the world. In the United States, the Securities and Exchange Commission (SEC) has been cracking down on cryptocurrency exchanges that it believes are operating without proper registration. дальше »

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BNB Price Prediction: Is the Downtrend Just Getting Started?

BNB price (Binance coin) is down over 25% and trading below $250 against the US Dollar. The price could drop further toward the $200 support. Binance coin price is moving lower below the $250 support against the US Dollar. дальше »

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Ethereum Gas Fees Drop After Memecoin Craze Winds Down

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Crypto.com Pauses US Institutional Trading Service Following Regulatory Pressure

Crypto.com, one of the world’s largest crypto exchanges, has halted its institutional trading platform for US clients. The release of this news comes in the wake the Securities and Exchange Commission’s (SEC) decision earlier this week to take legal action against two of the most well-known cryptocurrency exchanges; Coinbase and Binance. Shutting Down Institutional Service […] дальше »

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Ooki DAO Ordered to Shutter Website, Pay $643,000 Fine Following Landmark CFTC Battle

The court ordered Ooki DAO to pay a civil monetary penalty of $643,542. It permanently banned the DAO from trading and registering and ruled that it must shut down its website and remove its content from the internet. дальше »

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U.S. regulator CFTC wins Ooki DAO lawsuit

Ooki ordered to pay $643,542 in penalty, stop its operations and close down its website. In contrast to CEXs, DAOs had so far escaped legal scrutiny due to their decentralized nature. The U. дальше »

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Cardano developer, IOG, insists ADA is not a security, token down 36% in 5 days

ADA, the native currency of Cardano, a blockchain smart contracts platform and Ethereum competitor, is not a security, the lead developer of the network, Input Output Global (IOG) insists дальше »

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Ooki DAO to shut down after ‘precedent setting’ court battle with CFTC

The CFTC emphasized that “critically, in a precedent-setting decision, the court held that the Ooki DAO is a ‘person’ under the Commodity Exchange Act.” дальше »

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Crypto.com Announces Shutdown of US Institutional Business in Another Blow for Industry

The American crypto industry suffered another setback today as Crypto.com announced that it plans to wind down its US institutional service. The post Crypto.com Announces Shutdown of US Institutional Business in Another Blow for Industry appeared first on BeInCrypto. дальше »

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