Markets

Like most investors (and everyday Americans), billionaire Mark Cuban is not happy with the Securities and Exchange Commission (SEC). In fact, he’s downright angry with the institution and says it’s abusing its power. Mark Cuban Targets the SEC in Twitter Slam In a recent interview, the owner of the Dallas Mavericks basketball team criticized the agency’s decision to go after Coinbase, the biggest and most popular crypto exchange in the U.S. He says the SEC is...

Although most prices in the cryptocurrency market have shown high levels of stagnation in the past week, there were still several notable developments on different fronts. Starting with US regulations, this week saw discussions for a few separate bills, including the Financial Innovation and Technology for the 21st Century Act, which Democrats claimed still “reeks” of Sam Bankman-Fried – the disgraced former FTX exec who was among the chief supporters. On the other hand,...

CoinspeakerCrypto.com Receives Green Light from Dutch Central Bank to Offer Crypto Services Crypto.com's entrance to the Dutch market comes a few weeks after Binance exited the country due to regulatory hurdles.   Crypto.com Receives Green Light from Dutch Central Bank to Offer Crypto Services

CoinspeakerSequoia Capital Navigates Market Challenges with Reduction of Cryptocurrency and Ecosystem Funds A noteworthy aspect of Sequoia Capital's approach is the strategic shift towards supporting younger startups, diverting attention from larger companies. Sequoia Capital Navigates Market Challenges with Reduction of Cryptocurrency and Ecosystem Funds

CoinspeakerUAE’s Crypto Mining Giant Phoenix Technology Considers Floating IPO in Abu Dhabi The prospective Phoenix Technology IPO is expected sometime this year in Abu Dhabi. However, there are no further details on size and price. UAE’s Crypto Mining Giant Phoenix Technology Considers Floating IPO in Abu Dhabi

Sequoia Capital, an investment firm long revered for its direct involvement with Silicon Valley’s intricate web of venture capitalists and tech sector visionaries, has decided to reduce its exposure to cryptocurrencies, according to a confidential source. A Reflection of The Market In a message to investors, Sequoia Capital announced its decision to reduce its cryptocurrency fund from $585 million to about $200 million, as reported by the Wall Street Journal. According to...

CoinspeakerEco Launches Cash-Like Crypto Wallet Beam Backed by a16z and Coinbase The Beam wallet has been designed atop Ethereum Layer-2 blockchains such as Coinbase's Base and Optimism for facilitating faster crypto transactions at low cost. Eco Launches Cash-Like Crypto Wallet Beam Backed by a16z and Coinbase

CoinspeakerUK Crypto Companies Recruiting despite Sharp Decline in Job Market As per the UK Office for National Statistics, the UK unemployment rate was estimated at 4.0% for the second quarter of this year, which is 0.2% higher than the previous quarter. UK Crypto Companies Recruiting despite Sharp Decline in Job Market

Bitcoin cash price started a fresh decline below the $255 zone against the US Dollar. The price is now trading below the $250 zone and the 55 simple moving average (4 hours). There is a connecting bearish trend line forming with resistance near $248 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $254 resistance zone. Bitcoin cash price is declining below the $250 zone against the US...

Evil Pepe Coin is a hot new entrant in the meme coin space that has already raised over $1 million within ten days of its official launch. This surge in investor interest in Evil Pepe Coin ($EVILPEPE) is quite similar to the initial excitement of well-known meme coins like Pepe Coin, Dogecoin, and Shiba Inu. Especially with the current market conditions showing signs of recovery, many buyers are rushing to buy the $EVILPEPE coin in its ongoing presale phase. While buyers can...