The U.S. Securities and Exchange Commission (SEC)’s charges against Coinbase are largely reminiscent of its Binance case from just a day prior – but also contain some key differences. Here’s a closer look at the text and implications of the commission’s 101-page lawsuit against America’s largest crypto exchange. Coinbase and Binance: Lawsuits Compared Much like the Binance lawsuit on Monday, the SEC’s first charge against Coinbase was for serving functions of a broker,...
Read More »Binance NFT Marketplace Announces Support for Bitcoin NFT Collections
Binance doubled down its efforts on the non-fungible token sector as it announced support for Bitcoin NFTs on Tuesday amidst severe turmoil in the crypto industry. The exchange’s NFT marketplace is the latest contender to step into the Bitcoin NFTs ring following Magic Eden’s support for the same. According to the latest update, the newly added list includes Bitcoin Bandits, Bitcoin Frogs, Bitcoin Pizzas, Bitcoin Punks, Bitcoin Wizards, Block Legends, BTC DeGods, Clay Pepes,...
Read More »Over $90 Million in Liquidations As Bitcoin Mysteriously Rips to $27,000
Bitcoin is up 4.5% on Tuesday despite back-to-back lawsuits from the U.S. Securities and Exchange Commission (SEC) targeting two of the world’s largest crypto exchanges this week. The event has triggered $94 million in liquidations across the market over the last day – mostly consisting of shorts. Per data from Coinglass, $61.5 million in short trades have been cleared over the past 24 hours, alongside $32.4 million in long trades. At writing time, Bitcoin trades for...
Read More »Genesis Judge Denies FTX’s Bid to Participate in Confidential Mediation Sessions: Report
A judge ruled that FTX cannot join confidential mediation sessions between bankrupt crypto lender Genesis Global Holdco and its parent company Digital Currency Group (DCG). The ruling days after Genesis denied owing FTX anything. According to the Bloomberg report, US Bankruptcy Judge Sean Lane refused to open the settlement talks to the SBF-founded beleaguered crypto exchange, which claims that Genesis owes it $3.9 billion. In a ruling on June 5th, Lane stated, “There will be...
Read More »US-Börsenaufsicht verklagt Coinbase und Binance
Die Coinbase-Aktie rutscht ins Minus. Wandern Kunden ab zu anderen Bitcoin-Börsen? Alle reden über Binance, dabei kommt jetzt heraus, die US-Börsenaufsicht verklagt auch Coinbase. Für Binance ist dies easy, theoretisch kann Binance Kunden mit US-Pass oder Wohnsitz einfach ausschliessen. Das haben schon viele Bitcoin-Börsen wie bsp. KuCoin oder Coinmama so gemacht. Aber im Falle von Coinbase ist dies anders, denn Coinbase ist ziemlich amerikanisch...
Read More »In nur 3 Tagen: Erfolgreicher Trader verwandelt 100 in 5’000 US-Dollar
Ein Trader auf einer renommierten Bitcoin-Börse hat kürzlich mit einer bemerkenswerten Handelsstrategie Aufsehen erregt. Innerhalb von nur drei Tagen schaffte es dieser talentierte Investor, seine anfängliche Investition von 100 US-Dollar in stolze 5’000 US-Dollar zu verwandeln. Diese eindrucksvolle Erfolgsgeschichte wirft ein Licht auf die Potenziale und Möglichkeiten, die sich im Kryptowährungshandel bieten. Bitcoin, die erste und bekannteste Kryptowährung, hat in den letzten Jahren sowohl...
Read More »Coinbase COIN Shares Dump 13% as Alabama Regulator Joins SEC Lawsuit
Coinbase (COIN) fell 13% on Tuesday after the U.S. Securities and Exchange Commission (SEC) launched a major lawsuit against the firm for violating securities laws. Yet the agency isn’t alone: Alabama’s securities regulator is also targeting Coinbase, specifically for its failure to register its staking product. The Need for Registration In a separate filing on Tuesday, the Alabama Securities Commission (ASC) announced that it had issued a “Show Cause Order” against...
Read More »Piers Ridyard on Radix, One of Crypto’s Oldest Companies
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Piers Ridyard is the CEO of Radix, one of the world’s oldest digital currency companies. The project is on the verge of turning ten, and he believes many new opportunities and challenges are coming not only for his enterprise, but for the crypto industry in general. Piers Ridyard Discusses His Crypto Journey...
Read More »US SEC Indicts Coinbase over Unregistered Exchange and Broker Platform
The new lawsuit against Coinbase is coming only a few hours after the SEC sued Binance for violation of the same US securities rules. American publicly listed crypto trading platform Coinbase Global Inc (NASDAQ: COIN) has come under the radar of the United States Securities and Exchange Commission (SEC) once again. This time around, Coinbase was indicted in a New York Federal Court earlier today for operating as an unregistered national securities exchange and broker according to the...
Read More »ChatGPT Predicts: 6 Things That Will Trigger the Next Bitcoin Bull Market
Bitcoin has undergone numerous ups and downs in its relatively short history, but only a few have been proclaimed as a full-on bull market. The latest one was back in late 2021 when the cryptocurrency skyrocketed to its ATH of $69,000. What followed was a massive price decline that resulted in BTC dumping all the way down below $20,000 amid multiple collapses in the industry, as well as galloping global inflation and war in Europe. As bitcoin has recovered a lot of ground...
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