It looks like Brian Armstrong of Coinbase fame was right to be as concerned as he was about the SEC and other organizations targeting crypto staking. In the latest headlines, the Securities and Exchange Commission has gone after Coinbase’s competitor Kraken. The exchange has agreed to shut down all its staking services as part of a settlement agreement and pay up to $30 million in fees. SEC Goes After Kraken In a complaint against the Northern California-based trading...
Read More »Blockchain.com Decides to Shut Down London-based Crypto Asset Management Wing
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Read More »OpenAI Introduces More AI Customization Tools for Users
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Read More »Meta to Launch Decentralized Social Network
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Read More »Bakkt Q4 2022 Earnings Result Reveal Worse-than-Expected Adjusted Earnings
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Read More »Silicon Valley Bank CEO Reassuring Clients after 60% Shares Slump
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Read More »Multiple Portfolio Companies Withdraw Funds from Silicon Valley Bank
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Read More »Biden Administration Seeks to End Crypto Tax Subsidies and Fix the Loophole
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Read More »Coinbase Launches New Web3.0 Discovery Surface
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Read More »Bitcoin Cash Price Analysis: Bears In Control Below $120
Bitcoin cash price started a fresh decline from the $125 zone against the US Dollar. The price is now trading below the $120 zone and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $116 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could correct higher, but upsides might be limited above the $115 level. Bitcoin cash price is declining from the $125 zone against the US Dollar, similar...
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