Last week, Coinbase filed to dismiss the charges brought against it by the SEC. Motivating its approach, the exchange accused the agency of overreach, stating that crypto assets may not even come under their purview. The leading US crypto exchange also accused the SEC of ignoring prior approvals given for the sale of some of the digital assets named in its lawsuit. Emboldened by Coinbase’s move, Bittrex has decided to follow suit. Lawsuits and Bankruptcies Although Bittrex is...
Read More »BAYC Has Tanked 90% as NFT Collection Floor Prices Plummet
Nonfungible tokens (NFTs) have not recovered anywhere near the levels that crypto markets have. Even the largest collections in the industry, such as Yuga Labs’ Bored Ape Yacht Club, are heavily discounted. On July 3, Reflexivity Research co-founder Will Clemente revealed that BAYC was down 90% from its all-time high. Floor prices for the Ape-themed NFTs have slumped over the past few days, falling 23% over the last week. According to NFT marketplace OpenSea, the floor price...
Read More »Opinion: Bitcoin Could Be a Big Topic in Next Year’s Presidential Election
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Will crypto and bitcoin be big talking points in next year’s presidential election? Everything looks like they will be, though it’s hard to say for sure. Bitcoin Could Be a Major Subject in Next Year’s White House Race For the most part, it’s not like crypto hasn’t made its way into the world of presidential...
Read More »Ronaldo Teams with Binance to Launch His Second NFT Collection
CoinspeakerRonaldo Teams with Binance to Launch His Second NFT Collection The NFT collection, which was launched today is tagged "Forever CR7: The GOAT" and focuses on Ronaldo's big career achievements, especially his goals on the football pitch. Ronaldo Teams with Binance to Launch His Second NFT Collection
Read More »Fraudsters Stole $2.27M Worth NFTs in June: PeckShield
NFTs continue to attract not only more users but also capture the eyes of fraudulent entities. Web3 threat actors have set their sights on digital collectibles, with millions of funds being lost through different scams and attacks. A new report suggested that such thefts in the NFT space declined in June but remain rampant. NFT Theft: June Edition Shedding light into the NFT crime landscape for the month, PeckShield’s analysis revealed that fraudsters stole approximately...
Read More »Xpeng Shares Jump 11% as Company Records Growth in Deliveries after Year of Declines
CoinspeakerXpeng Shares Jump 11% as Company Records Growth in Deliveries after Year of Declines Xpeng is hoping that its new car would help improve the company's losses even as it has recorded a return to quarterly growth in deliveries. Xpeng Shares Jump 11% as Company Records Growth in Deliveries after Year of Declines
Read More »Winklevoss Brothers Bash US SEC for Refusal to Approve Bitcoin ETF Products
CoinspeakerWinklevoss Brothers Bash US SEC for Refusal to Approve Bitcoin ETF Products The Gemini founders filed for the first Bitcoin ETF with the US SEC ten years ago, which was rejected for almost the same reason the recent BlackRock and Fidelity products were dismissed. Winklevoss Brothers Bash US SEC for Refusal to Approve Bitcoin ETF Products
Read More »Will XRP Explode Above $0.5 or Will The Correction Deepen? (Ripple Price Analysis)
After forming a bearish double-top pattern and undergoing a period of consolidation, Ripple’s price struggled to break below the 100-day moving average. However, it finally declined below the moving average, reaching $0.44. This decline indicates a bearish outlook for Ripple’s short-term prospects. Technical Analysis By Shayan AThe Daily Chart Upon analyzing the Daily Chart, it becomes evident that Ripple’s price exhibited high volatility around the crucial resistance level...
Read More »ETH Soars to $2K For the Second Time, Will it Finally Break Through? (Ethereum Price Analysis)
Ethereum’s price has been trending upward over recent weeks, leading investors to feel optimistic that a new bull market is on the horizon. Yet, there are still key resistance levels to be taken out for ETH to experience a new long-term bullish trend. Technical Analysis By: Edris The Daily Chart On the daily chart, the price has been rallying higher following a decisive rebound from the 200-day moving average, along with a breakout from the 50-day moving average to the...
Read More »Dylan LeClair: BTC Can End All Financial Corruption
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Dylan LeClair – the head of market research at media company BTC Inc., which reports on all things crypto and blockchain – is a maximalist that’s convinced bitcoin could potentially end all corruption and shortcomings in the standard financial industry. Dylan LeClair Thinks Highly of BTC In a recent interview,...
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