Ripple-SEC Lawsuit Attracted Millions of Users to XRP: CryptoLaw Founder

Ripple advocate Deaton believes that large part of investors were attracted to XRP due to SEC-initiated lawsuit дальше »

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Wirex may suffer card outage in EEA due to UAB PayrNet licensing issue

Wirex cards may stop working in the European Economic Area, but funds held in the account are safe, the company said.

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IMF Highlights Effective Management of Crypto Risks While Encouraging CBDC Adoption

In a blog post published on Thursday, the IMF underlined that a few nations in the LAC region have decided to outright prohibit cryptocurrencies due to their associated risks. However, the IMF cautions that a ban could not be a viable long-term option. дальше »

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Gold Prices Plummet as Bitcoin Rises, Securing Safe Haven Status

Bitcoin reclaims $30,000 zone, proving its safe haven status, while gold enters a downtrend due to central banks' hawkish monetary policies and rising interest rates. The post Gold Prices Plummet as Bitcoin Rises, Securing Safe Haven Status appeared first on BeInCrypto. дальше »

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TrueUSD halts USD attestations amid balance discrepancies

The TrueUSD (TUSD) stablecoin has temporarily paused its automated attestations due to possible balance discrepancies. The stablecoin project also encountered some glitches last week. TrueUSD (TUSD), a US dollar-backed stablecoin project, has encountered a challenge in its attestation process. The… дальше »

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Bitcoin June 2024 Expiry Futures and Options in High Demand Due to Halving: Deribit

The Panama-based exchange will launch the June 2024 bitcoin futures and options contracts on Thursday at 08:00 UTC дальше »

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Binance Netherlands exit — Dutch central bank says registration failings are confidential

De Nederlandsche Bank cannot share details of Binance’s registration failings in the country due to the confidentiality requirements of its supervisory laws. дальше »

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VC Spectra (SPCT) Raises $2.3 Million In 2 Weeks Due to Its Unique Value Proposition

The Winklevoss twins are one of the early adopters of crypto. Their Bitcoin investments in the early 2010s made them the multi-billionaires they are today. But with every success in crypto, there also come many major failures, like the 2016 DAO collapse. дальше »

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Ethereum Gas fees reduce as meme coins dip. InQubeta and UniSwap buys spike

In recent weeks, Ethereum gas fees have experienced a significant reduction due to the decline in trading volumes of meme coins. These memecoins, which gained immense popularity earlier in the year, contributed to the surge in gas fees. дальше »

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ApeCoin Drops Over 40% in a Month – Going to Zero? Meanwhile Wall Steet Memes Nears $10m

The ApeCoin ($APE) price has dropped by over 40% in the past month, with investors now worried that the token could go all the way to zero. This comes as the ApeCoin DAO organization came under strong criticism due to high payouts to leadership figures. дальше »

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Ethereum staking rises, but it's not without risks

The amount of ETH staked surged to nearly 23 million at the time of writing. Due to Coinbase's legal troubles, the growth of ETH staking has stalled. The much-awaited but delayed Shapella UpThe post Ethereum staking rises, but it's not without risks appeared first on AMBCrypto. дальше »

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EU consumer protection groups urge governments to investigate AI

A coalition of watchdog groups in the EU urged governments to assess the risks and vulnerabilities consumers are subjected to due to generative AI. дальше »

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4 things that can spark the next Bitcoin bull cycle

Bitcoin is down 15% from its 2023-highs, but $40,000 may be closer than you think due to several important factors.

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Web3 usernames may see greater adoption due to recent advancements

New developments such as free usernames, cross-chain names and chat functions may lead to more addresses being associated with a name. дальше »

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Bitcoin Could Benefit From These 3 Bullish Tailwinds

The path of least resistance for bitcoin may be on the higher side due to inter-market factors, optimism from BlackRock's ETF filing and safe haven flows. дальше »

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Crypto.com Internal Trading Practices Raise Conflict of Interest Concerns: FT Report

As regulatory scrutiny in the cryptocurrency industry grows stronger, concerns have been raised about potential conflicts of interest due to Crypto. com's internal trading practices. Following actions taken by the US securities authority against major exchanges, including the pause of Crypto. дальше »

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Creating Regulatory Clarity: The Countries Learning From US Mistakes 

While the U.S. crypto sector is currently in limbo due to the actions of the SEC, authorities in Indonesia and Brazil are moving to clarify their regulations. The post Creating Regulatory Clarity: The Countries Learning From US Mistakes  appeared first on BeInCrypto. дальше »

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Bakkt Delists Solana, Cardano, And Polygon Amid Regulatory Uncertainty

New York-based digital assets platform Bakkt has decided to delist three prominent cryptocurrencies—Solana, Cardano, and Polygon—due to regulatory uncertainty and a lack of clarity. This move follows recent lawsuits filed by the United States Securities and Exchange Commission (SEC) against leading crypto exchanges Coinbase and Binance, alleging the sale of unregistered securities, including Solana, Cardano, […] 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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Bitcoin at a crossroads, where will it head next?

Long-term Bitcoin holders remained unfazed by market volatility. Retail investors and whales showed growing interest in BTC. Amidst recent uncertainties surrounding the crypto market due to The post Bitcoin at a crossroads, where will it head next? appeared first on AMBCrypto. дальше »

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Here’s how the market reacted to FLOKI Inu’s Metaverse addition

Speculation around the token dropped despite being put in its “rightful” place. FLOKI holders made some unrealized profits due to its 24-hour hike. Contrary to what the Floki Inu [FLOKI]The post Here’s how the market reacted to FLOKI Inu’s Metaverse addition appeared first on AMBCrypto. дальше »

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PEPE Price on the Potential Bullish Breakout? A Battle on the Diagonal Purple Resistance Line

Pepe coin (PEPE) has been a topic of interest for several weeks now. The coin has been under close observation due to its potential for a trend reversal. However, it became evident that PEPE had to experience a dip before any significant change in trend could occur. дальше »

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Crypto payments platform Wyre shuts shop due to crypto winter

The firm stated that its decision has got nothing to do with the recent regulatory enforcement actions. Customers can withdraw their assets through Wyre's dashboard until 14 July. Crypto payThe post Crypto payments platform Wyre shuts shop due to crypto winter appeared first on AMBCrypto. дальше »

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This New Hybrid Exchange Has Holders Buzzing Even As Crypto Majors Like SHIB Go Through A Rough Patch

Shiba Inu has built a reputation as one of the biggest meme coins in cryptocurrency due to a large community, massive price spikes, celebrity endorsements, and viral social media trends. However, over the last few months, the meme coin has struggled, with the price of the SHIB token dropping to new lows. On the flip […] дальше »

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Parcl broadens its real estate market: Introduces more tradable indexes for significant US cities like Austin, Chicago, Seattle, and Boston

Due to Parcl’s market development, more investors will have access to Real World Asset (RWA) Indexes, which provide exposure to real estate values. Austin, Texas, has been added to Parcl’s ever-expanding list of tradable city indexes, the leading blockchain-powered real estate trading platform, which made the announcement today. дальше »

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Exposed Security Challenges: Sturdy Finance Hack Raises Concerns for DeFi Protocols

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Ripple verdict could spark a new bull market — Or more malaise

SEC v. Ripple is a landmark legal battle that is going to shape how courts treat cryptocurrencies — and a ruling is due soon.

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XRP Exhibits Bearish Chart Pattern – Where Could The Price Head Next?

In the past 48 hours, the price of XRP has experienced notable volatility, dropping below $0. 50. The crypto market is closely focused on XRP due to a recent favorable development in the Securities and Exchange Commission (SEC) vs. дальше »

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Institutional crypto brokerage firm Floating Point Group (FPG) suspends operations

Due to the unfortunate cyber security incident on Sunday, June 11th, an institutional cryptocurrency brokerage firm Floating Point Group (FPG) has through a tweet confirmed that trading, deposits, and withdrawals have been suspended on its platform. дальше »

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Tether CTO Addresses Situation as USDT Trades Below $1

Tether's USDT has lost its $1 peg, falling to 0. 9958 due to heavy selling pressure. The rising balance on Curve's 3pool may indicate traders are looking to exchange USDT for other stablecoins. дальше »

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Voyager Digital bankruptcy administrators rubber stamp 36% partial withdrawals

Voyager Digital will open partial withdrawals as early as June 20, according to Voyager Digital’s bankruptcy plan administrator, Paul Hage. Hage’s timeline showed the Voyager app would be updated on June 15 so users can view amounts due in this initial distribution of funds. дальше »

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South Korean Crypto Lender Pauses Withdrawals Citing Heightened Market Volatility

South Korean crypto lender Delio has paused withdrawals due to heightened market volatility following Haru Invest's suspension of deposits and withdrawals. The move has been criticised by the crypto community, which has seen companies such as Celsius, Voyager and BlockFi pause withdrawals and later file for bankruptcy. дальше »

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Crypto industry ‘destined’ to be BTC-focused due to regulators, says Michael Saylor

Key takeaways Michael Saylor believes that the crypto industry will become Bitcoin-focused. Bitcoin is trading above $26k as the market slowly recovers.   Crypto industry will be BTC-focused MicroStrategy co-founder Michael Saylor believes that the cryptocurrency industry is destined to become BTC-focused. дальше »

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Imminent Surge for Sparklo (SPRK) as Huobi Token (HT), XDC Network (XDC) See Varying Price Actions

The cryptocurrency market has witnessed a downturn in the last few days, forcing many crypto traders to seek shelter from profitable crypto projects. Sparklo is one of the projects investors have aligned with due to its huge benefits. дальше »

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Crypto industry ‘destined’ to be BTC-focused due to regulators: Michael Saylor

The MicroStrategy co-founder believes crypto-related regulatory enforcement action will play in Bitcoin’s favor.

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ApeCoin DAO Faces Criticism For Salary Dispute: The Latest Updates

ApeCoin DAO, the Web3 organization associated with ApeCoin, has recently faced backlash due to concerns over its high payouts and perceived lack of community engagement. Critics have raised objections to the substantial salaries and fees, reportedly reaching up to $75,000 per month, that the DAO has been providing to its leadership board. These remuneration practices […] дальше »

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Haru Invest Suspends Services Due to ‘Sensitive Issues,’ Assures Users Not a Rug Pull

Haru Invest, a digital asset management platform, has temporarily halted deposit and withdrawal requests as it investigates an issue with one of its service partners. The post Haru Invest Suspends Services Due to ‘Sensitive Issues,’ Assures Users Not a Rug Pull appeared first on BeInCrypto. дальше »

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Due To Bitcoin Payments, Apple Bans Nostr Client Damus From App Store

Within the Bitcoin community, Nostr is considered a revolutionary protocol that could decentralize the social media landscape and make it resistant to censorship. However, tech giant Apple does not seem to be very enthusiastic about this revolution. дальше »

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Bitcoin Cash (BCH) in a Downtrend: Predicting the Bottom Price

For a month now, Bitcoin Cash has been delicately balanced on the Golden Ratio support level. If this line cracks due to bearish trends, a significant price drop could ensue. The post Bitcoin Cash (BCH) in a Downtrend: Predicting the Bottom Price appeared first on BeInCrypto. дальше »

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Markets anticipate rate hike ‘skip’ at FOMC meeting

Quick Take The U. S. Consumer Price Index (CPI) report is due at 08:30 ET today and will influence the outcome of the FOMC meeting tomorrow. April’s year-over-year CPI came in at 4. 9%. May’s is forecasted to come in at 4. дальше »

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Ethereum Forms Weekly Golden Cross, But Is It Enough To Save Crypto?

Despite the carnage and chaos all across the crypto market due to recent US SEC-related enforcement actions, Ethereum has just given a bullish buy signal. On weekly timeframes, ETHUSD has formed a golden cross, but will it be enough to give the asset class a glimmer of hope amidst such darkness? Let’s take a closer look. дальше »

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What Next for Cardano After SEC Lawsuit? $WSM & $YPRED Tokens Pump Despite Market Dip

The crypto landscape has been turbulent in recent days, particularly due to the U. S. Securities and Exchange Commission’s (SEC) allegations against certain major cryptos.   Cardano (ADA) is among those heavily hit by the SEC’s lawsuit, causing its value to drop over 25% in the past week. дальше »

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Democrats to lose 2024 US elections due to crypto war, Winklevosses warn

Winklevoss twins have cautioned the Democratic Party about the potential consequences of their aggressive stance on cryptocurrency regulation, emphasizing the risk of alienating young voters and losing crucial support in future election cycles. 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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Crypto.com to halt US institutional exchange offering; retail users unaffected

Crypto. com will soon end U. S. access to its institutional exchange, according to a statement from the company on June 9. That statement said the decision had been made due to limited demand in that market. дальше »

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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 »

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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 »

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Top 4 Most Recent Crypto Black Swan Events (Scandals)

In recent months, a number of “black swan” incidents have shaken the cryptocurrency space, resulting in the loss of billions of dollars in investor assets. The top 4 most recent events are listed below: TerraUSD’s Demise The TerraUSD (UST) stablecoin crashed in May 2022, wiping out investor cash worth billions of dollars. Due to the […] дальше »

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Binance.US to go ‘crypto-only’ as banking partners cut ties

Binance. US announced on June 9 that it would transition to a crypto-only exchange for now. The move comes as its payment and banking partners suspended USD channels due to the Securities and Exchange Commission (SEC) lawsuit against Binance, and related entities, over allegations of breaching securities laws, including operating as an unregistered exchange. дальше »

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Protocol Labs Defends Filecoin’s Non-Security Status Amid SEC Labeling

Protocol Labs defends Filecoin's non-security status amid SEC's claim. Despite changes and a partnership with a16z crypto, the project's future is uncertain due to the agency's actions. The post Protocol Labs Defends Filecoin’s Non-Security Status Amid SEC Labeling appeared first on BeInCrypto. дальше »

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