Markets

As the Securities and Exchange Commission (SEC) continues vying for regulatory presence over the crypto market, a high-profile industry lawsuit looks poised to answer more questions about how far its authority should reach.  Lawyers defending Ishan Wahi – a former Coinbase manager accused of insider trading – are challenging the SEC’s claim that a list of 9 cryptos Wahi interacted with are, in fact, securities.  Which Cryptos Are Securities? Per an argument filed on Monday,...

The Bitcoin recovery story has boosted shares in cryptocurrency exchange Coinbase from record lows last year. Coinbase (COIN) shares have rallied an impressive 120% from the low seen on 28th December as U.S. markets have surged in the new year on hopes that inflation is finally easing. The Bitcoin recovery story has boosted shares in cryptocurrency exchange Coinbase from record lows last year. Coinbase (COIN) shares have rallied an impressive 120%...

Bitcoin has been doing quite well over the past few weeks. The currency has already jumped up by about $5,000 since the end of 2022, which will likely go down as one of the most disastrous periods for the world’s number one digital currency by market cap. The asset is proving doubters wrong once more and appears to be enjoying something of a rally. Despite all this, Anthony Scaramucci – a crypto bull and the man behind Sky Bridge Capital – says it might be a few years...

We’re only a few weeks into the new year, but bitcoin is keeping up its good vibes and experiencing further boosts to its price. Bitcoin Is Still Booming Live Bitcoin News has already published a few articles detailing the jumps of the world’s number one digital currency by market cap since the beginning of January. The currency rose to $17,000 during the first few weeks, then hiked itself up to about $19,000. As of this writing, bitcoin has crossed the $21K line, and it...

BANXA Holdings, the leading on-and-off ramp solution for Web3, today announced an integration with ConsenSys’ leading self-custody Web3 wallet, MetaMask, to simplify on-and-off ramping fiat to crypto. On top of global users being able to purchase crypto via standard methods such as credit cards and Apple Pay, this partnership will now allow MetaMask users in Canada to purchase crypto through interbank network Interac with less friction. In addition, MetaMask users in the Netherlands,...

Tron price started a fresh increase above the $0.060 level against the US Dollar. TRX price is now trading above $0.062 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.0640 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.0665 resistance zone. TRON price started a fresh increase above $0.060 against the US Dollar, similar bitcoin. TRX price could rise further if...

Bitcoin price started a fresh increase from the $22,650 zone against the US Dollar. The price is now trading above $23,000 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $23,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to move up if it stays above the $22,350 support zone. Bitcoin price is rising above $23,000 against the US Dollar. BTC might extend gains...

BitMEX co-founder and macro-market analyst Arthur Hayes is deploying his dry powder into Bitcoin sooner than previously planned, according to his latest blog post.  Hayes argued that despite his fears of a future crypto market retracement, there is still an opportunity to profit now from the ongoing risk asset rally that began last month.  The Rally Isn’t Over Hayes began his post, titled “Be Present”, by alluding to his previous post covering Bitcoin’s celebrated rally in...

A group of South Korean officials reportedly arrived in Serbia last week to look for the infamous Do Kwon. The 31-year-old has been on the run since the collapse of his blockchain protocol Terra. The latter’s native token – LUNA – and algorithmic stablecoin – UST – plunged to essentially zero last year, affecting numerous investors and the entire cryptocurrency market. As covered by Bloomberg, a team of South Korean authorities, along with a senior Justice Ministry official,...

The largest cryptocurrency exchange – Binance – added its name to the list of companies that provided help to Turkish residents affected by the recent devastating earthquake.  It will give away $100 worth of BNB to each of its local users and launched a public donation address where everyone can contribute. Binance vowed to airdrop $100 in BNB to customers situated in Turkey’s most damaged cities from the earthquake, including Gaziantep, Kilis, Kahramanmaraş, Adana, Malatya,...