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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...

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...

It’s been a challenging 24 hours for crypto investors, with most coins and tokens posting significant losses following the news that the US Securities and Exchange Commission (SEC) had filed a lawsuit against Binance and its CEO, Changpeng Zhao. Bitcoin (BTC) and Ethereum (ETH) dropped by over 5% after the news broke, as investors opted to sell off their crypto assets. However, there were some glimmers of hope for these investors, with several prominent crypto personalities...

Wird Binance sein US-Geschäft aufgeben müssen? Die grossen Kryptobörsen haben stürmische Monate hinter sich, doch die schlechten Nachrichten reissen nicht ab. Im Fadenkreuz diesmal: Branchenprimus Binance. Die US-Börsenaufsicht SEC hat gestern stolze 13 Klagen gegen das Unternehmen sowie deren Gründer Changpeng Zhao eingereicht. Die Vorwürfe dabei wiegen schwer: Der Anbieter habe unter anderem auf illegale Weise Finanzgeschäfte und Dienstleistungen...

The US Securities and Exchange Commission has filed a lawsuit against Coinbase – in what seems to be the latest turn of events. The motion comes a day after the SEC also filed against Binance. The two cryptocurrency heavyweights are under some serious fire, but a closer look into the lawsuit against Coinbase reveals some interesting details. One of the more interesting findings (or the lack of) in the SEC’s lawsuit against Coinbase is the list of altcoins that they consider...

Representatives from Coinbase, Robinhood, and the Commodity Futures Trading Commission, among others, will speak at a House Agriculture Committee hearing on digital asset regulation about the recently released draft crypto bill. United States legislators put forth a crypto bill to provide clear regulations for cryptocurrency, its users, and companies. The 162-page bill attempts to establish regulatory jurisdiction and definitions. However, it was also acknowledged that the bill would...

The CFTC has officially given Cboe Digital the approval it needs to offer margined futures contracts trading to clients. Cboe Global Markets’ digital asset exchange has received approval to allow users to trade crypto futures contracts. Customers of the Cboe Digital platform will now trade Ether (ETH) and Bitcoin (BTC) futures contracts later this year following the CFTC’s approval for an amended order of registration. The Commodity Futures Trading Commission (CFTC) gave Cboe Digital...

After SEC’s action on Binance, Bitcoin and the broader crypto market tanked instantly. Altcoins face heavy correction to the tune of 7-8% with Binance BNB suffering the most. The filing of the lawsuit by the US SEC against crypto giant Binance sent shockwaves across the entire cryptocurrency market on Monday, June 5. Over the last 24 hours, Bitcoin (BTC) and the broader cryptocurrency market have corrected by over 4%. As of press time, the Bitcoin (BTC) price is down by 4% and is...

The company cited the challenging environment as a reason behind its headcount cut. Amid crypto winter and uncertain market conditions, companies continue to employ cost-cutting measures that often include layoffs. Digital asset management firm Arca is one the latest on the list of those currently in the middle of staff downsizing. Arca has reduced its headcount by as much as 30% (currently, it has only 66 employees in total), explaining the decision to lay off a third of its staff in a...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up ADA price is gaining bearish momentum below the $0.365 support zone against the US Dollar. The price is now trading below $0.355 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.364 on the 4-hour chart (data feed via Coinbase). The price could...