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US SEC Could Dismiss Coinbase Motion Similar to Terraform Labs

CoinspeakerUS SEC Could Dismiss Coinbase Motion Similar to Terraform Labs The SEC's handling of the Green United case offers insights into its potential approach to Coinbase's motion to dismiss, emphasizing the significance of the "major questions doctrine" in cryptocurrency lawsuits. US SEC Could Dismiss Coinbase Motion Similar to Terraform Labs

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Bitcoin Price Analysis: BTC Faces Uphill Task Near $30K

Bitcoin price started a fresh decline from the $30,200 zone against the US Dollar. The price is now trading above $29,200 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $30,000 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $29,000 support zone. Bitcoin price is declining below $29,600 against the US Dollar. BTC might eye...

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Ethereum Price Analysis: ETH Could Resume Increase Above $1,885

Ethereum price is eyeing an upside break above the $1,885 resistance against the US Dollar. ETH price is now trading above $1,835 and the 55 simple moving average (4 hours). There was a break above a major bearish trend line with resistance near $1,850 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $1,835 support zone. Ethereum price is consolidating above the $1,835 level against the US Dollar. ETH/USD could rise...

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Ripple Price Analysis: XRP Could Resume Slide Below $0.62

Ripple price started a fresh decline below the $0.685 zone against the US dollar. The price is now trading below $0.680 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.640 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.626 support zone. Ripple price is struggling below $0.685 against the US Dollar, similar to Bitcoin. XRP price...

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The US SEC Might Approve Numerous Spot BTC ETFs at the Same Time, Cathie Wood Thinks

Cathie Wood – CEO of ARK Investment Management – believes the United States Securities and Exchange Commission (SEC) could greenlight more than one spot BTC ETF simultaneously. ARK Invest’s analyst Yassine Elmandjra had quite a different opinion at the end of June, forecasting that the organization (which has also applied with the securities regulator to introduce such a financial product) is the first in line to receive approval. It’s Either None or Many of Them at Once Ark...

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Elon Musk’s Lawyers Move to Dismiss “Frivolous” Dogecoin Fraud Case

Attorneys representing Tesla CEO Elon Musk are calling for a judge to dismiss a multi-billion dollar case accusing the celebrity entrepreneur of insider trading with Dogecoin (DOGE) against his online followers. The lawyers say the accusations should be dismissed with prejudice, barring plaintiffs from continuing to burden the judicial system with additional accusations based on Musk’s Twitter activity. Elon Musk’s ‘Silly Tweets’ In a letter filed in a New York federal court...

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El Salvador Becomes the Latest Country Where Binance Secures Regulatory Approval

Binance became the first fully licensed cryptocurrency exchange in El Salvador after receiving Bitcoin Services Provider license (BSP) and Digital Assets Services Provider license (DASP) from the domestic regulators. The firm’s impressive expansion over the years includes nations like Italy, France, Sweden, Australia, the United Arab Emirates (UAE), Japan, and many more. The world’s largest cryptocurrency exchange – Binance – announced that the obtained authorization from El...

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