Markets

The Securities and Exchange Commission (SEC) is a bully. This is what we’ve been saying for some time. It’s bullying crypto firms into submission whenever it can. It runs after them with an air of persecution and is working hard to ensure they don’t have a financial future in America. The SEC Is Suing So Many Companies However, upon news that the agency is going after big names like Binance and Coinbase, it’s likely the problem travels much deeper. It’s easy to...

The past 24 hours in the cryptocurrency markets saw the total capitalization increase by some $6 billion. In other words, not much happened. Some of the major coins are charting ever-so-slight gains, but in general, the trend remains largely rangebound. Bitcoin remains indecisive at $30K and unable to escape that range, but let’s see how it all fared. BTC Price Flat at $30K As you can clearly see in the chart below, the past 24 hours didn’t provide anything of substance when...

The past seven days have mostly been centered around Bitcoin and the aftermath of the ruling in the case between Ripple and the United States Securities and Exchange Commission. That said, the total market capitalization declined by some $11 billion throughout the same period, as investors are wary of future uncertainty. Bitcoin’s price has largely remained around the $30K area – a pivotal level that’s consisted of significant technical but also psychological resistance. BTC...

The Securities and Exchange Commission (SEC) is now going after popular North American crypto exchange Coinbase in a court of law. As if attacking Binance (as we reported earlier) wasn’t enough, the financial agency is looking to add another large firm to its victims list. The SEC Sues Coinbase Allegations against Coinbase suggest that the firm operated an illegal and unregistered exchange for the past several years (the company has been around since 2012). The...

The Solana network has not suffered any outages in the last five months and has been 100% uptime since February. The enhanced network performance marks a striking transformation from the previous year when layer-1 network outages caused severe disruptions. A new report released by Solana Foundation stated that the subsequent upgrades, including the rollout of QUIC TPU, Stake weighted QoS, and localized fee markets, have helped the network to handle high traffic and demand....

The Securities and Exchange Commission (SEC) has made it very clear it doesn’t care if a crypto company is big or small. It will go after any digital currency enterprise with a persecuting hand, as it demonstrated yet again last month when it announced plans to sue Binance, the largest and most popular digital currency exchange in the world. The SEC and Binance Go Head to Head The news caused bitcoin and Ethereum to drop to their lowest points in just over two...

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Polygon. Ethereum (ETH) Ethereum has shown indecision in the past week. This allowed sellers to take over the price action, which ended the week with a 5% loss. Despite this correction, the cryptocurrency remains above the key support at $1,820. The current resistance is found at $2,000. ETH tried several times to turn this key level into support, but buyers were not strong enough, and the price fell...

[Press Release – Seoul, South Korea, July 21st, 2023] Superblock, a contributor to Over Protocol, has raised $8 million from prominent companies and VCs in South Korea across two funding rounds. Investors included SK, Netmarble, DSC, E&Investment, Schmidt, SpringCamp, and NaverZ. Ben (Jae-Yun) Kim, the founder of Superblock, said: “We are deeply diving into the South Korea market with the best local partners and looking to meet global partners accelerating us all over the...

CoinspeakerIndonesia Unveils National Crypto Exchange and Clearing House Indonesia began its journey to establish a national crypto exchange in 2021. Indonesia Unveils National Crypto Exchange and Clearing House

CoinspeakerCanadian Police Warns Public on Crypto Investors’ Home Robberies The recent wave of home invasion-style robberies targeting high-value cryptocurrency investors in Richmond and Delta has raised major worries about the crypto community's safety. Canadian Police Warns Public on Crypto Investors’ Home Robberies