BTC price bulls fail to take the market higher as the week continues, but buyer interest is giving hope. Bitcoin (BTC) returned to base on Aug. 4 as higher levels gave way to a battle for the 200-week moving average (MA). BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Battle for classic Bitcoin price trendline rages …
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In what is described as the first insider trading case related to crypto in the US, a former product manager at major exchange Coinbase and his brother have pleaded not guilty to wire fraud charges. The defense is based on the assumption that cryptoassets are not securities or commodities, and for this reason, the case…
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A former advisor to the United States Securities and Exchange Commission (SEC) has warned that the agency would be making a “serious mistake” if it proceeds with a probe into Coinbase and other major crypto exchanges. As reported, the SEC is reportedly set to move ahead with an investigation into Coinbase over the listing of…
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Binance’s U.S. platform is delisting crypto token amp after the Securities and Exchange Commission (SEC) declared it a security. Another crypto exchange, Coinbase, disagreed with the regulator, arguing that the token is not a security. Binance Delists AMP ‘out of an Abundance of Caution’ Binance’s U.S. exchange (Binance US) is taking action to ensure that…
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AMP, the native token of the Amp blockchain, has extended losses following news that Binance.US, the US arm of major crypto exchange Binance, would delist the coin due to the Securities and Exchange Commission (SEC)’s claim that it is a security. At 13:02 UTC, AMP is trading at USD 0.00812, down 10% in a day.…
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Enforcers around the world are demonstrating their interest to the industry’s largest players. Despite some good signs of the crypto prices recovery, last week could hardly be called bright for the market, as the major news came from the enforcers and not the regulators. According to a report from the New York Times, the United…
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The non-fungible token (NFT) market has drawn equal admiration and controversy among people interested in making money in the digital realm. Arguably one of the most peculiar products on sale in this market are NFT mystery boxes. Read on to find out what NFT mystery boxes are and whether they are worth purchasing by an…
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Tesla’s foray into Bitcoin may have been one big distraction for the electric vehicle maker, which reported mixed financial results earlier this month. Elon Musk’s Tesla proved to be the ultimate paper hands after the electric vehicle maker sold 75% of its Bitcoin (BTC) holdings in the second quarter. I say, good riddance. The cult…
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Major crypto exchange Coinbase has released the first part of its Bored Ape Yacht Club (BAYC)-featured movie called “The Degen Trilogy.” Meanwhile, the company’s shares continue to tumble as the US Securities and Exchange Commission (SEC) launched a probe into whether the exchange has listed unregistered securities…. Read More: Coinbase Releases First Part of BAYC-Featured…
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