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...
Read More »Coinbase Strikes Back, Sues SEC and FDIC over FOIA Violations
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Read More »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...
Read More »Tron Founder Justin Sun Dumps 173M TRX, Price Crash Ahead?
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Read More »Bybit Becomes 2nd Largest Exchange Globally after FTX Collapse
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Read More »Investors Flock to Crypto AI Tokens RCOF and FET to Shield Against Bitcoin’s Slow Bleed
With Bitcoin’s price steadily slipping in recent weeks, a noticeable shift in investor behavior is taking hold. Crypto enthusiasts are seeking havens in projects perceived as more resilient to market fluctuations. Two tokens attracting significant attention in this climate are RCO Finance (RCOF) and Fetch.ai (FET). The surge in interest in these digital assets begs the question: Can Crypto AI tokens offer the stability investors crave amidst the market slump? Read on to find out! RCO...
Read More »JPMorgan Analysts: Mt. Gox Repayments Might Trigger Market Slump
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Read More »Dogecoin Investors Take Cover As New 1000x Token Mpeppe (MPEPE) Explodes Onto The Scene
In the dynamic and often unpredictable world of cryptocurrency, a new token has captured the attention of investors and enthusiasts alike. Mpeppe (MPEPE), a fresh entrant in the meme coin market, is making waves with its potential for a 1000x increase. This sudden rise has caused Dogecoin (DOGE) investors to take notice and reconsider their investment strategies. This article delves into why Mpeppe (MPEPE) is gaining traction and what sets it apart from Dogecoin (DOGE). The Sudden Rise...
Read More »Bullish? USDC Stablecoin Hits One-Year High in Net Inflows on Crypto Exchanges
Stablecoins have witnessed significant growth this year. Among them, USDT remains a leader, but other ones, such as Circle-backed USDC, are also seeing considerable activity. As such, USDC’s recent deposits to centralized crypto exchanges could signal investors buying the dip amidst several market corrections in recent weeks. USDC Deposits Surge According to IntoTheBlock’s Head of Research, Lucan Outumuro’s latest findings, USDC’s net inflow into centralized crypto exchanges...
Read More »Ethereum ETFs To Haul $15 Billion Within 18 Months, Bitwise Predicts
Ethereum spot ETFs will accumulate over $15 billion in net inflows within their first 18 months of hitting the U.S. market, predicted crypto asset manager Bitwise on Wednesday. The firm’s year-and-a-half-long forecast would roughly match the net haul from Bitcoin ETFs ($14.4 billion) since their launch five months ago – from which excitement has helped drive BTC to new all-time highs. Calculating Ethereum’s ETF Flows Bitwise CIO Matt Hougan based his estimate on Bitcoin’s ETF...
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