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Coinbase Files Suits Against SEC, FDIC Over Compliance With Crypto Information Requests

The largest United States cryptocurrency exchange, Coinbase, has filed lawsuits against the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC) for failing to comply with information requests in closed crypto cases. According to filings at the United States District Court for the District of Columbia, Coinbase seeks to compel the SEC and FDIC to comply with the Freedom of Information Act (FOIA) to respond to information requests from...

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ETH Increases Toward $3.5K, Erases Much of Earlier Losses (Ethereum Price Analysis)

After a bearish correction phase, the price has now reached a crucial support zone, defined by the 100-day moving average and the 0.5-0.618 Fibonacci levels. Given the strong demand at this juncture, a mid-term bullish rebound is looking likely. By Shayan The Daily Chart A detailed examination of the daily chart reveals that Ethereum has entered a significant support zone following a corrective pullback. This zone spans the price range between the 0.5 ($3421) and 0.618...

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Kadena Announces Nitin Gaur as Advisor

[PRESS RELEASE – New York, New York, June 27th, 2024] Kadena, the industry’s only scalable Proof of Work blockchain, welcomes Nitin Gaur, the Founder of IBM Blockchain Lab and a former Global Head of Digital Assets at State Street, as an advisor. Gaur, a distinguished leader in blockchain with a robust patent portfolio, brings a wealth of knowledge and expertise to guide Kadena’s strategic direction for implementing a decentralized approach to traditional finance. Stuart...

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SOL Price Skyrockets 7% in Minutes as VanEck Files for Solana ETF in the US

Cryptocurrency-based exchange-traded funds continue to be on the main stage in the US, with the latest filing from VanEck taking into account the fifth-largest digital asset – Solana. Shortly after the news broke, the native token’s price shot up by 7% to $150. Matthew Sigel, the company’s Head of Digital Assets Research, highlighted the development on X. He noted that the firm believes Solana is very similar to Ethereum as it operates as an “open-source blockchain software...

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