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 »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 »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 »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 »Ethereum Price Heading Towards $2K While YPredict Nears $3 Million
The crypto market had another strong day as the global market capitalization surged by 1%. While Bitcoin continues to trade sideways above $30k, Ethereum is dominating the bull rally. ETH is now up over 4% in the weekly time frame and is close to breaching the $2k price level. The strong inflows into the crypto market have boosted other major altcoins, such as Bitcoin Cash and Litecoin as well as newly launched tokens, such as yPredict and Ecoterra. Ethereum Inches Toward $2k...
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,...
Read More »Proof of Work Coins Mark Mad Gains on 7D Chart in Hash Cash Frenzy
Proof of work (POW) cryptocurrencies absolutely dominated gains last week. The SEC’s actions and plunging energy prices might be why. Plus, there’s Litecoin’s halving event happening next month. But there’s no denying the market’s recent moves. In fact, proof of work’s dominance during the last week in June was so absolute that four out of the five top gainers on the 7-day pane were such assets: Bitcoin Cash (BCH) 7-day gains: 53% eCash (XEC) 7-day gains: 44% Bitcoin...
Read More »Binance Announces Listing for Pendle in Innovation Zone, PENDLE Price Shoots 50%
CoinspeakerBinance Announces Listing for Pendle in Innovation Zone, PENDLE Price Shoots 50% The listing for Pendle (PENLDE) in the Binance Innovation Zone is a vote of confidence for the project and it will increase the chances of trade for investors. Binance Announces Listing for Pendle in Innovation Zone, PENDLE Price Shoots 50%
Read More »Exploring Current State of MAANG and MANATAM Stocks
CoinspeakerExploring Current State of MAANG and MANATAM Stocks The inclusion of Nvidia, Tesla, and Microsoft expands the reach of the MAANG stocks, encompassing electric vehicles, Graphic Processing Units (GPUs), and software. Exploring Current State of MAANG and MANATAM Stocks
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