Crypto.com Shuts Down US Institutional Exchange Amid Regulatory Concerns

Crypto.com, the Singapore-based exchange, has announced that it will shut down its institutional exchange service for US customers due to limited demand. The closure will take effect on June 21, 2023, and comes amid regulatory concerns in the US market, likely referencing the recent legal actions against Binance and Coinbase. Related Reading: Breaking: DOJ Takes […] дальше »

439 +

Crypto.com Winding Down U.S. Institutional Business

Singapore-based crypto exchange Crypto.com will no longer be offering its service to institutional clients in the U.S. due to “limited demand,” the company announced Friday. дальше »

332 +

Breaking: DOJ Takes Down Mt. Gox Hackers For Multi-Million Dollar Crypto Theft

The United States Department of Justice (DOJ) has announced the unsealing of charges related to the 2011 hack of the crypto exchange Mt. Gox and the operation of the illicit cryptocurrency exchange BTC-e. дальше »

312 +

Binance VP of Marketing: crypto needs to 'double down' on community support

Rachel Conlan, the new VP of Marketing at Binance, says that “critical” times in the industry call for major companies to emphasize community, clarity and simplicity. дальше »

1885 +

Here’s Why Ethereum Could Be At Risk Of Falling To $1,000 Again

Ethereum is currently following the market trend of Bitcoin and continues to maintain above the $1,800 level. This price level is still bullish for the digital asset which is now only around 60% down from its all-time high. дальше »

343 +

Coinbase CEO sold big chunk of company shares a day ahead of SEC complaint

Brian Armstrong sold over 29,000 shares ahead of SEC lawsuit. Fox Business journalist says the sale was perfectly legal. Coinbase shares are currently down 35% versus their YTD high. Shares of Coinbase Global Inc were hit hard this week after the SEC sued the crypto exchange. дальше »

346 +

Animoca doubles down on non-US market push after America’s ‘blockchain-hostile’ approach

Hong Kong-based Animoca Brands is unfazed by the SEC deeming the SAND cryptocurrency a security in its recent complaints against Binance. US and Coinbase, South China Morning Post reported June 8. дальше »

388 +

UK Financial Conduct Authority Clamps Down on Crypto Marketing

The UK’s Financial Conduct Authority (FCA) recently proposed some strict new rules for how crypto companies can market their products and services to customers. If passed, the regulations would clamp down on misleading hype and unrealistic promises, requiring more transparency and balanced information. дальше »

302 +

Coinbase (and crypto’s) fate hangs by a string: A Deep Dive

Key Takeaways Coinbase is down 86% from its $100 billion IPO valuation  It has significantly underperformed Bitcoin, Ethereum, the Nasdaq and almost every benchmark since This week it was sued by the SEC for violating securities law, its stock down another 27% from last week Coinbase went public under the SEC’s watch in April 2021, […] The post Coinbase (and crypto’s) fate hangs by a string: A Deep Dive appeared first on CoinJournal. дальше »

386 +

EU Watchdog Cracks Down On Crypto Ads On Instagram, YouTube, TikTok, Twitter

The European Commission has received a complaint from the largest consumer rights group in Europe, accusing cryptocurrency marketers on popular social networks of engaging in a misleading promotion that poses a significant risk to consumers. дальше »

284 +

Navigating the Risks and Rewards of Investing in Pepe (PEPE), HedgeUp (HDUP), and Dogecoin (DOGE)

The last long bear market lasted about a year and a half to two years. If history repeats itself, crypto as a whole should break free of the down market it’s been in very soon. Many investors expect that to happen this summer and are choosing the projects out there that suit them the best. […] дальше »

457 +

PEPE Jumps 15% In One Day: Is Meme Coin Season Returning?

PEPE has seen its best day in the last couple of weeks as the meme coin is finally trading in the green once more. This recovery is out of left field given the meme coin hype died down about two weeks ago as investors moved on to better things. However, this recovery could signal a […] дальше »

422 +

SEC filings reveal testimony of former Binance.US CEOs

The SEC’s complaint against Binance. US includes excerpts of testimony given to the regulator by two of the firm’s former CEOs, one of whom has been radio silent since stepping down in 2021. дальше »

359 +

Circle Obtains License in Major World Fintech Hub as SEC Cracks Down on Crypto Yet Again

American fintech heavyweight Circle now Major Payment Institution (MPI) licensee by Monetary Authority of Singapore (MAS); what does this mean? дальше »

367 +

Bitcoin Crash To $25,800 Sends 6.5% Of Supply Into Loss

On-chain data shows yesterday’s Bitcoin crash from $27,300 to $25,800 alone sent 6. 5% of the supply into a state of loss. Bitcoin Supply In Profit Shrunk Down To 62. 5% Following The Price Plunge According to data from the on-chain analytics firm Glassnode, a further 1. дальше »

349 +

Litecoin (LTC) Miners Are Massively Taking Profits, Price Tanks

Litecoin takes hit as miners push price of cryptocurrency down, taking profits en masse дальше »

317 +

Coinbase Suffers Double Whammy As SEC And State Regulators Act Against Exchange For Unregistered Securities

354 +

Gary Gensler on crypto regulations: ‘there’s been clarity for years’

SEC sued Coinbase for violating U. S. securities laws today. Chair Gary Gensler discussed on CNBC’s “Squawk on the Street”. Coinbase stock opened nearly 20% down on Tuesday. Coinbase Global Inc opened nearly 20% down on Tuesday after the SEC sued the crypto exchange for violating the U. дальше »

356 +

SEC lawsuit triggers selloff in Coinbase stock, COIN down 15%

Coinbase shares fell 22% after news broke that the U. S. Securities and Exchange Commission filed a lawsuit against the platform for allegedly violating securities laws. The U. S. exchange stock fell to around $48 from $58. дальше »

296 +

Coinbase drops 15% in pre-market trading after SEC lawsuit

Quick Take Coinbase (COIN) is down 15% in premarket trading after the SEC sued the exchange, alleging multiple securities law violations It is now trading below $50. 00. However, Coinbase was trading 8% lower on Monday. дальше »

356 +

First Mover Americas: Crypto Markets Stay Down Following SEC Suing Binance

The latest price moves in bitcoin (BTC) and crypto markets in context for June 6, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. дальше »

228 +

SEC’s Binance lawsuit triggers market-wide selloff: CryptoSlate wMarket Update

The cryptocurrency market saw net outflows of over $40 billion over the last 24 hours and currently stands at $1. 09 trillion — down 3. 53% from $1. 13 trillion. During the reporting period, the market caps of Bitcoin (BTC) and Ethereum (ETH) fell 3. дальше »

326 +

Ethereum Price Bearish Breakdown – Why Drop Isn’t Over Yet

Ethereum price gained bearish momentum below $1,860 against the US Dollar. ETH is showing a lot of bearish signs and might drop to $1,720. Ethereum is down over 4% and trading well below $1,900. The price is trading below $1,840 and the 100-hourly Simple Moving Average. дальше »

314 +

Bitcoin Price Nosedives Below Support As Bears Target $25K

Bitcoin price is down 5% and trading below the $26,000 level. BTC is now at risk of a move toward the $25,000 support in the near term. Bitcoin started a sharp decline below the $27,000 level. The price is trading below $26,500 and the 100 hourly Simple moving average. дальше »

321 +

Binance on SEC’s lawsuit on Monday: ‘we will vigorously defend’

SEC sued Binance for violating securities laws on Monday. Here’s what Binance said in its response to the regulator. Coinbase Global ended 10% down on today’s development. Binance is in focus on Monday after the U. дальше »

411 +

Coinbase Shares Drop 10% Following SEC’s Suit Against Binance

Shares of Coinbase (COIN) were down 10% after news broke that the Securities and Exchanges Commission (SEC) sued Binance on allegations of violating federal securities law on Monday. дальше »

377 +

Bitcoin dips below $27k in red market: CryptoSlate wMarket Update

Since last Friday’s wMarket report, the cryptocurrency market saw net outflows of $17 billion and currently stands at $1. 13 trillion — down 1. 54%. The market capitalizations of Bitcoin (BTC) and Ethereum (ETH) plunged 1. дальше »

319 +

Decoding XRP's readiness for $0.6: Is it viable?

XRP could channel break into the $0.6 price region, an analyst opined. Though bullish market sentiment slowed down, traders kept on opening longs. Popular crypto analyst CryptoKaloe told hisThe post Decoding XRP's readiness for $0.6: Is it viable? appeared first on AMBCrypto. дальше »

403 +

Rapid growth in DeFi-focused Ethereum liquid staking derivatives platforms raises eyebrows

Ether use in DeFi is down due to an uptick in staking, but rapid growth in LSDfi could be a bull market catalyst.

3260 +

Celsius Sets New Standard: $1 Billion In ETH Staked As Deposits Show No Sign Of Slowing

Celsius, a popular lending platform, has made significant moves in staking Ethereum (ETH) as they stake almost $1 billion worth of the cryptocurrency. According to the Blockchain intelligence company Arkham Intel, In the past 24 hours alone, Celsius has staked over $600 million worth of ETH, with no signs of slowing down. дальше »

388 +

US lawmakers aim for crypto regulatory clarity with proposed bill putting the screws to SEC

The framework under the bill would allow certain tokens to qualify as digital commodities if they were decentralized and crack down on the SEC’s previous approach to crypto. дальше »

776 +

What does Binance leaving Canada mean for the crypto industry?

Key Takeaways Binance has become the latest crypto company to depart Canada amid regulatory concerns Canada is a small market but US regulators have also clamped down severely  The move by Binance amplifies the growing concern within the industry that crypto will have no choice but to move offshore Another week, another story of regulatory […] The post What does Binance leaving Canada mean for the crypto industry? appeared first on CoinJournal. дальше »

622 +

Bitcoin wicks down to $26.5K, but trader eyes chance for ‘bullish surprise’

BTC price upside is likely limited, market participants argue, with Bitcoin pinned below $27,500.

706 +

Uniswap Community Votes Down Protocol Fees for Liquidity Providers

The initial snapshot poll was voted against by the community in a surprising move. дальше »

382 +

Ripple CTO Schwartz Breaks Down AMM's Trading Strategy

Ripple CTO David Schwartz took to social media to break down the complexity of automated market makers' (AMMs) trading strategy дальше »

201 +

Why Shiba Inu will go down another -7%

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Bitcoin moved higher on 29 May and the cryptThe post Why Shiba Inu will go down another -7% appeared first on AMBCrypto. дальше »

419 +

Michael Novogratz says Bitcoin will be ‘off to the races’ near year-end

Bitcoin ended May down 8. 0% – its worth month since November. Galaxy Digital CEO Michael Novogratz is still bullish on BTC. He explained why this morning on CNBC’s “Squawk Box”. дальше »

309 +

Silvergate to submit shutdown plan in coming days after Federal Reserve order

The Federal Reserve Board said June 1 that it issued a consent order to the crypto-friendly bank Silvergate, instructing it to wind down operations. Must protect depositors Silvergate Capital Corporation and Silvergate Bank must submit a shutdown plan to supervising agencies within ten days of the June 1 order. дальше »

323 +

TD Cowen Closes Crypto Unit Just One Year After Launch

A Bloomberg report revealed that the American investment bank, TD Cowen, has shut down its crypto asset unit. According to the report, Cowen Digital will pack up by June 1, which will be the last day for its team. дальше »

302 +

Sui Blockchain partners with Formula One’s Oracle Red Bull Racing team

The deal will see Sui roll out a series of digital experiences for racing fans. At press time, the SUI token was trading at $0. 9587, down 1. 07%. Oracle Red Bull Racing has made several crypto partnerships recently including with Bybit. дальше »

376 +

Ethereum gas fee sinks close to 70% in under a month

Ethereum gas fee tanked all the way down to under $5 in May. BlackRock CEO Larry Fink reiterates dedollarisation as a real risk. Ethereum is currently down more than 10% versus its YTD high. Ethereum gas fee declined by close to 70% in just under a month, data from Santiment – an on-chain data provider […] The post Ethereum gas fee sinks close to 70% in under a month appeared first on CoinJournal. дальше »

240 +

Litecoin leads flat market as outflows persist: CryptoSlate wMarket Update

The cryptocurrency market saw net outflows of $3. 8 billion over the last 24 hours and currently stands at $1. 13 trillion — down 0. 3% from $1. 14 trillion. During the reporting period, the market caps of Bitcoin (BTC) and Ethereum (ETH) fell 0. дальше »

547 +

American investment bank TD Cowen closes crypto unit

TD Cowen to shut down its crypto unit a year after launching. The closure of Cowen Digital marks the second institutional crypto client unit to shut down within a week. American investment bThe post American investment bank TD Cowen closes crypto unit appeared first on AMBCrypto. дальше »

344 +

Binance layoffs – CZ refutes bear market struggles

Binance CEO Changpeng Zhao (CZ) played down the significance of recent company layoffs – saying, “Another day, another FUD. ” Layoff rumored to be bear market driven. On May 31, Colin Wu of the Wu Blockchain Twitter account stated multiple sources had confirmed Binance was planning to lay off staff. дальше »

415 +

Investment bank TD Cowen shuts crypto unit a year after opening

Days after Digital Currency Group's TradeBlock started winding down operations, investment bank TD Cowen has also announced its crypto unit's closure. дальше »

3698 +

Stop shoving crypto ‘down people’s throats’ — Pudgy Penguins CEO on NFTs

Luca Netz suggested that Pudgy Penguins is pushing for Web3/blockchain as a “back end not front end” approach, as it makes its IP as accessible as possible. дальше »

520 +

Pepecoin (PEPE) price action points to a potential 70% drop

A bearish chart pattern suggests that PEPE could shave off another 70% in value, especially if the wider market continues to trend down. дальше »

1445 +

Avalanche Bridge To Ethereum Records A 70% Drop In Value Transfer, Concern For AVAX Price?

The amount of funds flowing through the Avalanche Bridge is down 70% in the last 24 hours, DeFiLlama data on May 31 shows. 70% Drop In Activity In The Avalanche Bridge To Ethereum Over the past day, the bridge has facilitated $2,634,828 worth of transactions and processed $22. дальше »

262 +

Bybit Exits Canada as Regulations Prove a Double-Edged Sword

New securities rules force Bybit to wind down its Canadian operations by the end of September The post Bybit Exits Canada as Regulations Prove a Double-Edged Sword appeared first on BeInCrypto. дальше »

462 +

Zero SHIB Burned Since Destruction of 3 Billion Shiba Inu Yesterday - What's Going On?

After burn of astounding three billion SHIB in one go, burn rate down 100% today; SHIB-coffee company closes down дальше »

387 +